Will XRP's price drop below $2? Here's what investors are saying
Warnings of XRP dropping below $2 as volatility rises.. but long-term accumulators show confidence Key points: 1. Current price levels: - XRP is currently trading at $2.09, above the nearby support level at $2.08, but increasing volatility raises concerns of a drop below $2.00. 2. Volatility and demand signals:
3 Alternative Cryptocurrencies That Could Reach New Historical Peaks in the Last Week of June
Despite the decline that Bitcoin experienced due to geopolitical tensions between the United States and Iran, some alternative cryptocurrencies (Altcoins) have managed to maintain strong performance and are looking to achieve new historical peaks (ATH) by the end of June 2025. Below is the analysis. 1. Hyperliquid (HYPE) - Current price: $35.8 (after a 29% decline from its historical peak of $45.8).
Will the price of XRP drop below $2? Investor Opinions and Market Analysis
The price of XRP is currently fluctuating around the $2.08 level, with rising volatility increasing the risks of it dropping below $2. However, indicators show that long-term holders (LTHs) are increasing their accumulation, reflecting their confidence in XRP's future potential and providing support against sharp fluctuations. Key Points:
How did inflation data affect the markets? The latest personal consumption expenditures (PCE) data revealed a slight increase from 2.5% to 2.6%, a rate closely monitored by the Federal Reserve to assess inflation trends. Federal Reserve officials expressed concerns about the impact of tariffs on inflation, with more details on these tariffs expected by early July. The impact of the 10% core tariff in April is still under observation.
U.S. economic contraction of 0.5% in the first quarter due to trade wars and rising imports
The U.S. Department of Commerce announced a contraction of the economy by 0.5% annually during the first quarter of 2025, attributing the reason to trade war disruptions led by President Trump and a 37.9% increase in imports (the fastest since 2020), which lowered GDP by 4.7 percentage points. Consumer and federal government spending also declined (4.6%, the largest since 1986). It is worth noting that this is the first economic contraction in 3 years, compared to a growth of 2.4% in the last quarter of 2024.
Google's Progress in Quantum Computing Threatens Bitcoin Security and Modern Encryption
Google has announced significant progress in quantum computing technology, reducing the computational resources needed to break modern encryption algorithms like RSA by 20 times. NYDIG, a company specializing in Bitcoin innovations, warned that this development could jeopardize Bitcoin's security in the future, although it is not under direct threat currently.
SharpLink Gaming Increases Its Ethereum Holdings and Invests in Staking Solutions
SharpLink Gaming (listed on NASDAQ under the symbol SBET) - the largest public holder of Ethereum - announced an increase in its holdings to 188,478 ETH, having acquired an additional 12,207 ETH worth $30.67 million at an average price of $2,513 per coin between June 16 and June 20, 2025. Key details: - The company raised $27.7 million in net revenue from the sale of 2,547,180 shares through the At-The-Market platform, with the majority of the proceeds allocated to enhancing the Ethereum treasury.
The Best 7 Cryptocurrencies to Invest in Right Now:
Despite the multitude of cryptocurrencies in the market, only a few are considered good investment opportunities at this time. It is advisable to analyze factors such as **trading volume, network fees, and market trends** before purchasing.
1. Solaxy - The first layer two scalability solution on Solana. - Offers an annual staking yield of 90%.
2. Snorter - A trading bot on Telegram. - Enables copying trades and avoiding liquidity traps.
3. Bitcoin Hyper - A layer two solution on the Bitcoin blockchain. - Staking yields of up to 1,298% annually.
4. BTC Bull - A meme coin linked to free Bitcoin distributions upon reaching certain price levels.
5. Best Wallet - A tool to increase staking returns and reduce trading fees for wallet users.
6. SUBBD - An AI platform for content creation and earning income from followers.
7. Solana - A strong competitor to Ethereum, known for its high speed. - Has achieved over 10,000% growth since its launch.
Market conditions should be checked and the right timing chosen before investing in any of these currencies. $SEI $SUI $DOGE
Digital Currency Stocks Stand Out in June with Strong Upside Potential
June saw significant interest in digital currency stocks, supported by the rise in Bitcoin price to $105,438.72, boosting investor confidence in companies linked to this sector. Among the prominent stocks: 1. MARA Holdings Inc: - The stock price rose to $14.32, with a market capitalization of $5.10 billion. - Mining productivity increased by 35% in May, owning more than 49,000 Bitcoins.
Core Ethereum Developer Proposes Halving Block Times Before Glastonbury Update 2026
Core developer of Ethereum, Barnaby Mono, proposed reducing the block creation time in the network from 12 seconds to 6 seconds as part of the Ethereum Improvement Proposal (EIP-7782), planned to be included in the major update "Glastonbury" scheduled for late 2026. The goal is to enhance transaction speed and improve user experience across the network. Key points:
LiteChain AI announces the development of new components to achieve a decentralized AI vision:
LiteChain AI, a leading protocol that combines blockchain infrastructure with decentralized AI, has announced the development of several new components in preparation for its mainnet launch. These components aim to enhance on-chain AI services and expand their scope, enabling users to participate in providing computing power and earning rewards.
List of the Richest XRP Holders: Number of Millionaires and the Reality of Ownership
The latest data for 2025 indicates that there are 5,214 wallets containing 460,829 XRP or more, making them eligible to be classified as millionaires at the current market price of $2.17 per XRP. However, these figures do not necessarily reflect the actual number of wealthy individuals due to the role of centralized exchanges in distorting the statistics. Role of Centralized Exchanges
The U.S. national debt is one of the largest economic challenges facing the United States, surpassing $34 trillion in 2024. This massive increase is due to multiple factors, including significant military spending, social welfare programs such as Social Security and healthcare (Medicare and Medicaid), and borrowing to finance economic incentives, especially during crises like the COVID-19 pandemic.
Although the United States has a strong economy and the ability to borrow at relatively low interest rates due to investor confidence in the dollar, the continued increase in debt may lead to inflationary risks, rising interest rates, and pressure on the federal budget. Additionally, political disagreements between Democrats and Republicans over raising the debt ceiling add to financial instability.
In the future, the government may have to reduce spending or increase taxes to address this debt, but that could impact economic growth. Without sustainable solutions, this financial burden could become a long-term threat to the U.S. economy and the interconnected global economy. 48560662319 92391354018
The Kraken platform has announced its integration with the decentralized Babylon protocol (DeFi) to offer Bitcoin Staking services, allowing users to earn an annual yield of up to **1%** without giving up their holdings of BTC. The staked Bitcoin is used to secure the Babylon networks that rely on a Proof of Stake (PoS) mechanism, with rewards paid in BABY currency.
Kraken manages the entire process, ensuring ease of use and the security of funds, while also opening the door to potential rewards from other networks within the **Babylon** system. According to defillama.com, the total value locked (TVL) in the protocol is $4.956 billion, making it the largest central DeFi application for Bitcoin in terms of locked value. $BTC
Litecoin Challenges the Downward Trend with Rising ETF Hopes Amid Increasing Global Tensions From a technical perspective, Litecoin (LTC) price has shown resilience, with support strengthening in the range of $83.48-$83.57.
Key Points:
- Litecoin recovered from its early losses to achieve a daily gain of 1.6%, surpassing $84.6 despite market volatility resulting from escalating tensions between Israel and Iran. - This recovery was notable given the market's sensitivity to global economic pressures, as traders monitor the SEC's review of Litecoin ETF applications. - The price initially dropped to $82.69 before rising again
Iranian cryptocurrency exchange Nobitex hacked for $90 million by suspected Israeli group
An anti-Iran group that targeted state-run Bank Sepah the day before the attack is now threatening to leak the source code for Nobitex, describing the platform as a terrorist financing tool used to circumvent sanctions. Key points: 1. Nubitex Hack: The Iranian cryptocurrency exchange Nubitex was hacked, resulting in the theft of $90 million. The group, Jongeshke Darandeh (also known as the Bird of Prey), claimed responsibility for the attack. This group is believed to be linked to Israel and describes itself as an anti-Iranian cyber activist.
FOMC Meeting: Will Bitcoin's price head to $100,000 or $110,000 as the interest rate cut decision approaches? Analysts' forecasts suggest that the price of Bitcoin may drop below $100,000 or rise above $110,000 depending on the tone of Federal Reserve Chair Jerome Powell during today's FOMC meeting.
The escalation of tensions between Israel and Iran has driven the US dollar to rise despite weak economic data, challenging traditional market logic. On Tuesday, the Dollar Index (DXY) jumped 0.74% to reach 98.85, the highest level in 4 days, supported by demand for it as a safe haven due to fears of direct US military intervention in the region.
Notably, markets ignored weak retail and industrial production data, highlighting the dominance of geopolitical factors in investment decisions currently. Even the decline in US yields did not stop the rise of the dollar, reflecting a radical shift in investors' strategies towards hedging rather than economic analysis. This situation underscores how conflicts can reshape the financial landscape in ways that exceed traditional expectations. $USDC
Eyenovia transitions to 'Hyperion DeFi' and invests $50 million in the digital currency HYPE
Eyenovia, listed on NASDAQ and specializing in optical technology, announced on June 17 a $50 million private placement to transition into the digital asset space. The funding will be used to build a large reserve of HYPE, the native currency of the decentralized digital asset exchange and blockchain Hyperliquid.