Yoke77
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$ADA
Binance froze assets, traced blockchain trails, and helped crack a cross-border ransom-for-crypto network as it dismantled a $3.75M laundering ring hiding in casinos.
Binance Neutralizes Crypto Laundering Hub Hidden in Junket-Casino Labyrinth
Crypto exchange Binance revealed on June 13 that its Financial Intelligence Unit (FIU) supported Philippine law enforcement in dismantling a sophisticated kidnapping-for-ransom operation involving $3.75 million laundered through cryptocurrency. The criminals moved ransom payments through casino junket operators before dispersing the funds across digital-asset channels. Binance’s cooperation enabled investigators to identify suspects and track illicit fund flows on the blockchain.
Binance CEO Richard Teng commented on social media platform X on June 13:
When crypto is misused, we step up. Our team worked with Philippine authorities to trace a $3.75M crypto ransom, identifying suspects and flows via our intelligence tools.
The Philippine National Police’s Anti-Cybercrime Group encountered challenges in tracing the layered transactions due to the involvement of private junket operators—entities that manage travel and betting arrangements for high-stakes gamblers. These operators served as intermediaries, helping obfuscate the financial trail before the funds reached crypto wallets. A law enforcement official underscored the importance of Binance’s support: “The ransom funds were fragmented across several addresses before ultimately reaching crypto wallets. Binance’s prompt assistance was crucial in helping us advance the investigation.”
In addition to providing analytics, Binance disrupted the laundering operation by immobilizing associated assets. The crypto exchange stated:
Our team also froze over USD $3.5 million in related crypto assets, disrupting the network’s financial infrastructure. Lin was later arrested and pleaded guilty in a U.S. federal court to narcotics conspiracy, money laundering, and distributing misbranded drugs.
Binance noted that similar efforts had assisted in dismantling c
Binance froze assets, traced blockchain trails, and helped crack a cross-border ransom-for-crypto network as it dismantled a $3.75M laundering ring hiding in casinos.
Binance Neutralizes Crypto Laundering Hub Hidden in Junket-Casino Labyrinth
Crypto exchange Binance revealed on June 13 that its Financial Intelligence Unit (FIU) supported Philippine law enforcement in dismantling a sophisticated kidnapping-for-ransom operation involving $3.75 million laundered through cryptocurrency. The criminals moved ransom payments through casino junket operators before dispersing the funds across digital-asset channels. Binance’s cooperation enabled investigators to identify suspects and track illicit fund flows on the blockchain.
Binance CEO Richard Teng commented on social media platform X on June 13:
When crypto is misused, we step up. Our team worked with Philippine authorities to trace a $3.75M crypto ransom, identifying suspects and flows via our intelligence tools.
The Philippine National Police’s Anti-Cybercrime Group encountered challenges in tracing the layered transactions due to the involvement of private junket operators—entities that manage travel and betting arrangements for high-stakes gamblers. These operators served as intermediaries, helping obfuscate the financial trail before the funds reached crypto wallets. A law enforcement official underscored the importance of Binance’s support: “The ransom funds were fragmented across several addresses before ultimately reaching crypto wallets. Binance’s prompt assistance was crucial in helping us advance the investigation.”
In addition to providing analytics, Binance disrupted the laundering operation by immobilizing associated assets. The crypto exchange stated:
Our team also froze over USD $3.5 million in related crypto assets, disrupting the network’s financial infrastructure. Lin was later arrested and pleaded guilty in a U.S. federal court to narcotics conspiracy, money laundering, and distributing misbranded drugs.
Binance noted that similar efforts had assisted in dismantling c
XPR🤑
#CardanoDebate
$XRP
USDC’s native launch on the XRP Ledger ignites a powerful new phase in cross-chain finance, unlocking real-time payments, seamless liquidity, and zero-bridge stablecoin integration.
USDC Goes Native on XRP Ledger, Supercharging Its Blockchain Interoperability
Financial technology company Circle Internet Group (NYSE: CRCL) announced on June 11 that its regulated stablecoin USDC is now available natively on the XRP Ledger (XRPL), significantly broadening the coin’s reach across blockchain ecosystems. The launch, supported by Circle Mint and Circle APIs, removes the need for bridging and provides direct access to USDC for developers, institutions, and individual users. Businesses can convert fiat into USDC through Circle Mint, while retail users can obtain it from providers participating in the XRPL ecosystem. The firm stated on social media platform X:
USDC is now live on the XRP Ledger.
The XRP Ledger, operational since 2012, is a decentralized Layer-1 blockchain optimized for tokenizing and exchanging both crypto-native and real-world assets. It has processed more than 3.3 billion transactions and is supported by a global network of contributors, including Ripple, XRPL Labs, the XRPL Foundation, and XRPL Commons.
The integration opens use cases in areas such as global remittances, real-time payments, DeFi services, and low-fee fiat onramps. Circle’s APIs facilitate easy developer access to stablecoin liquidity on XRPL, while testnet tokens are available for experimentation through Circle’s faucet.
Circle has published public addresses for both the XRPL mainnet and testnet USDC, enabling exchanges, wallets, and applications to support the token immediately. Although stablecoins continue to face scrutiny over centralization and regulatory exposure, proponents argue they serve as essential infrastructure in the broader financial system.
With the XRPL now part of Circle’s network, the company reaffirmed its expansion strategy, stating on X:
With the addition of the XRPL, USDC is now supported natively on 22 blockchains.
$XRP
USDC’s native launch on the XRP Ledger ignites a powerful new phase in cross-chain finance, unlocking real-time payments, seamless liquidity, and zero-bridge stablecoin integration.
USDC Goes Native on XRP Ledger, Supercharging Its Blockchain Interoperability
Financial technology company Circle Internet Group (NYSE: CRCL) announced on June 11 that its regulated stablecoin USDC is now available natively on the XRP Ledger (XRPL), significantly broadening the coin’s reach across blockchain ecosystems. The launch, supported by Circle Mint and Circle APIs, removes the need for bridging and provides direct access to USDC for developers, institutions, and individual users. Businesses can convert fiat into USDC through Circle Mint, while retail users can obtain it from providers participating in the XRPL ecosystem. The firm stated on social media platform X:
USDC is now live on the XRP Ledger.
The XRP Ledger, operational since 2012, is a decentralized Layer-1 blockchain optimized for tokenizing and exchanging both crypto-native and real-world assets. It has processed more than 3.3 billion transactions and is supported by a global network of contributors, including Ripple, XRPL Labs, the XRPL Foundation, and XRPL Commons.
The integration opens use cases in areas such as global remittances, real-time payments, DeFi services, and low-fee fiat onramps. Circle’s APIs facilitate easy developer access to stablecoin liquidity on XRPL, while testnet tokens are available for experimentation through Circle’s faucet.
Circle has published public addresses for both the XRPL mainnet and testnet USDC, enabling exchanges, wallets, and applications to support the token immediately. Although stablecoins continue to face scrutiny over centralization and regulatory exposure, proponents argue they serve as essential infrastructure in the broader financial system.
With the XRPL now part of Circle’s network, the company reaffirmed its expansion strategy, stating on X:
With the addition of the XRPL, USDC is now supported natively on 22 blockchains.
TRump
$BTC
Trump Media is unleashing a groundbreaking bitcoin treasury arsenal with SEC clearance, fueling an aggressive multi-billion-dollar expansion across fintech, media, and decentralized finance dominance.
Trump Media’s Bitcoin Treasury Deal Turns Real as SEC Declares Filing Effective
Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) announced June 13 that the U.S. Securities and Exchange Commission (SEC) has declared effective its registration statement related to a bitcoin treasury deal. This development supports the company’s broader expansion strategy, which includes raising significant capital through what it describes as one of the largest bitcoin treasury initiatives undertaken by a public company. Simultaneously, the company filed a final prospectus outlining terms for the resale of securities connected to the transaction.
“In accordance with the company’s obligations arising from the previously-disclosed debt and equity agreements with approximately fifty investors that yielded approximately $2.3 billion in total proceeds—one of the largest bitcoin treasury deals for a public company,” Trump Media explained, adding:
The Registration Statement registers for resale by the investors the approximately 56 million shares of equity and 29 million shares underlying convertible notes.
These instruments represent the underlying financial framework through which Trump Media aims to support its broader ambitions in digital media and financial technology. Additionally, the registration includes a universal shelf, offering the company enhanced optionality for future capital raises, although there are no immediate plans to issue further securities under this provision.
Devin Nunes, CEO and president of Trump Media, articulated the company’s goals moving forward: “We’re aggressively implementing our plans to expand the Company, our offerings, and our capabilities. By simultaneously enhancing and growing our social media platform, TV streaming platform, and our Fintech brand while establishing a bitcoin treasury, we aim to continue rapidly transforming Trump Media into an indispensable company for the expanding customer base of the Patriot Economy.” Advocates of bitcoin-integrated treasury strategies assert that such moves may serve as hedges against macroeconomic volatility while aligning firms with the future of decentralized finance.
Trump Media is unleashing a groundbreaking bitcoin treasury arsenal with SEC clearance, fueling an aggressive multi-billion-dollar expansion across fintech, media, and decentralized finance dominance.
Trump Media’s Bitcoin Treasury Deal Turns Real as SEC Declares Filing Effective
Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) announced June 13 that the U.S. Securities and Exchange Commission (SEC) has declared effective its registration statement related to a bitcoin treasury deal. This development supports the company’s broader expansion strategy, which includes raising significant capital through what it describes as one of the largest bitcoin treasury initiatives undertaken by a public company. Simultaneously, the company filed a final prospectus outlining terms for the resale of securities connected to the transaction.
“In accordance with the company’s obligations arising from the previously-disclosed debt and equity agreements with approximately fifty investors that yielded approximately $2.3 billion in total proceeds—one of the largest bitcoin treasury deals for a public company,” Trump Media explained, adding:
The Registration Statement registers for resale by the investors the approximately 56 million shares of equity and 29 million shares underlying convertible notes.
These instruments represent the underlying financial framework through which Trump Media aims to support its broader ambitions in digital media and financial technology. Additionally, the registration includes a universal shelf, offering the company enhanced optionality for future capital raises, although there are no immediate plans to issue further securities under this provision.
Devin Nunes, CEO and president of Trump Media, articulated the company’s goals moving forward: “We’re aggressively implementing our plans to expand the Company, our offerings, and our capabilities. By simultaneously enhancing and growing our social media platform, TV streaming platform, and our Fintech brand while establishing a bitcoin treasury, we aim to continue rapidly transforming Trump Media into an indispensable company for the expanding customer base of the Patriot Economy.” Advocates of bitcoin-integrated treasury strategies assert that such moves may serve as hedges against macroeconomic volatility while aligning firms with the future of decentralized finance.
$BTC
BTC
On Thursday, bitcoin slid into a steady decline, slipping beneath the $106,000 threshold and touching a fresh intraday low of $105,798. By 7:30 p.m. Eastern time on June 12, the top cryptocurrency had dropped 2.3% against the greenback.
Bitcoin’s Slump Sends Waves Through $3.32T Crypto Market
Overall, the mood stays gloomy, with bitcoin traders likely holding off for either a decisive trend shift or a strong bounce backed by heavy volume, as bearish forces currently have the upper hand. In the last 24 hours, bitcoin has tallied $35.53 billion in global trading volume, but even with today’s dip, BTC remains up 4.4% for the week.
BTC/USD 1-hour chart via Bitstamp at 7:30 p.m. Eastern time.
The drop, however, has pulled the entire crypto market down by 2.47%, bringing its total value to $3.32 trillion. While BTC slipped 2.3%, ethereum ( ETH) fell 4.5%, XRP dipped 3.24%, and solana ( SOL) gave up 4.9% against the U.S. dollar. Among the top ten coins, dogecoin ( DOGE) took the hardest fall, dropping 5.9% in value on Thursday.
The hardest hit of the day was EOS, tumbling 15.28%, followed by AI16Z, which dropped 14.45%. KAITO slipped 12.15%, and PNUT gave up 11.22%. Over the last day, a hefty $645.67 million in long and short positions vanished from the derivatives market, with $297.42 million tied to bitcoin longs alone.
Coinglass liquidation stats show a massive $201 million wipeout.
Notably, coinglass.com data highlights a massive $201 million liquidation on a BTC/ USDT trade. Where BTC goes next is anyone’s guess, but seasonal patterns hint that the third quarter has traditionally been a softer stretch for bitcoin prices. As of 7:30 p.m., BTC is cruising at $106,152 per coin on Bitstamp and $106,133 based on the weighted global average.
BTC
On Thursday, bitcoin slid into a steady decline, slipping beneath the $106,000 threshold and touching a fresh intraday low of $105,798. By 7:30 p.m. Eastern time on June 12, the top cryptocurrency had dropped 2.3% against the greenback.
Bitcoin’s Slump Sends Waves Through $3.32T Crypto Market
Overall, the mood stays gloomy, with bitcoin traders likely holding off for either a decisive trend shift or a strong bounce backed by heavy volume, as bearish forces currently have the upper hand. In the last 24 hours, bitcoin has tallied $35.53 billion in global trading volume, but even with today’s dip, BTC remains up 4.4% for the week.
BTC/USD 1-hour chart via Bitstamp at 7:30 p.m. Eastern time.
The drop, however, has pulled the entire crypto market down by 2.47%, bringing its total value to $3.32 trillion. While BTC slipped 2.3%, ethereum ( ETH) fell 4.5%, XRP dipped 3.24%, and solana ( SOL) gave up 4.9% against the U.S. dollar. Among the top ten coins, dogecoin ( DOGE) took the hardest fall, dropping 5.9% in value on Thursday.
The hardest hit of the day was EOS, tumbling 15.28%, followed by AI16Z, which dropped 14.45%. KAITO slipped 12.15%, and PNUT gave up 11.22%. Over the last day, a hefty $645.67 million in long and short positions vanished from the derivatives market, with $297.42 million tied to bitcoin longs alone.
Coinglass liquidation stats show a massive $201 million wipeout.
Notably, coinglass.com data highlights a massive $201 million liquidation on a BTC/ USDT trade. Where BTC goes next is anyone’s guess, but seasonal patterns hint that the third quarter has traditionally been a softer stretch for bitcoin prices. As of 7:30 p.m., BTC is cruising at $106,152 per coin on Bitstamp and $106,133 based on the weighted global average.
#IsraelIranConflict
#PeaceAndLove
On Friday, around 2 p.m. Eastern time, reports show that Iran has begun firing “hundreds” of ballistic missiles toward Israel.
Wall Street Sinks as Israel-Iran Conflict Erupts in Missile Onslaught
CNN reported that the Israeli military said it identified incoming missiles launched from Iran, and the news station heard the explosions in Aviv and Jerusalem.
The retaliation follows the airstrikes against Iran by Israeli forces on Thursday evening. Social media reports note that due to the over 100 ballistic missiles shot, “Israel’s air defenses were overwhelmed, failing to stop them all.”
“The attack is ongoing. Dozens of additional missiles were launched toward the State of Israel,” the IDF reported this afternoon according to CNN’s report on Friday.

Amid the conflict, U.S. stock markets slipped across the board, with all major indexes posting significant losses. The Dow Jones Industrial Average led the drop, falling 1.99% to 42,111.41. The Nasdaq Composite declined 1.39%, coasting along at 19,389.62, while the S&P 500 shed 1.24%, at 5,970.00 by 3 p.m.
The NYSE Composite also held lower, down 1.11% at 19,974.46. Each index shows a steep afternoon sell-off, contributing to a red day on Wall Street. Additionally, yields on 10-year U.S. Treasuries edged higher, joined by a similar uptick in notes and long-duration sovereign bonds abroad.
Although bitcoin ( BTC) briefly dipped beneath the $105,000 threshold, it clawed its way back into that range within an hour after
#PeaceAndLove
On Friday, around 2 p.m. Eastern time, reports show that Iran has begun firing “hundreds” of ballistic missiles toward Israel.
Wall Street Sinks as Israel-Iran Conflict Erupts in Missile Onslaught
CNN reported that the Israeli military said it identified incoming missiles launched from Iran, and the news station heard the explosions in Aviv and Jerusalem.
The retaliation follows the airstrikes against Iran by Israeli forces on Thursday evening. Social media reports note that due to the over 100 ballistic missiles shot, “Israel’s air defenses were overwhelmed, failing to stop them all.”
“The attack is ongoing. Dozens of additional missiles were launched toward the State of Israel,” the IDF reported this afternoon according to CNN’s report on Friday.

Amid the conflict, U.S. stock markets slipped across the board, with all major indexes posting significant losses. The Dow Jones Industrial Average led the drop, falling 1.99% to 42,111.41. The Nasdaq Composite declined 1.39%, coasting along at 19,389.62, while the S&P 500 shed 1.24%, at 5,970.00 by 3 p.m.
The NYSE Composite also held lower, down 1.11% at 19,974.46. Each index shows a steep afternoon sell-off, contributing to a red day on Wall Street. Additionally, yields on 10-year U.S. Treasuries edged higher, joined by a similar uptick in notes and long-duration sovereign bonds abroad.
Although bitcoin ( BTC) briefly dipped beneath the $105,000 threshold, it clawed its way back into that range within an hour after
$ETH
#ETH🔥🔥🔥🔥🔥🔥
Eth Holder
Sharplink Gaming has secured 176,271 ETH for $463 million, becoming the largest publicly traded holder of ether globally, and actively staking the majority of its position to earn network rewards.
Acquisition of 176,000+ ETH Sees Sharplink Double Down on Ethereum
Sharplink Gaming, Inc. (Nasdaq: SBET) has made headlines by acquiring 176,271 ETH for $462.9 million, positioning itself as the largest publicly traded ether holder worldwide. This milestone surpasses other public firms, leaving only the Ethereum Foundation ahead in total holdings.
The acquisition, averaging $2,626 per ETH, was funded through the company’s previously disclosed private investment in public equity (PIPE) and additional proceeds from its $1 billion at-the-market (ATM) equity offering program.
“This is a landmark moment for Sharplink and for public company adoption of digital assets. Our decision to make ETH our primary treasury reserve asset reflects deep conviction in its role as programmable, yield-bearing digital capital,” said Rob Phythian, CEO of Sharplink Gaming.
Between May 30 and June 12, Sharplink raised $79 million in gross proceeds via its ATM facility, with the majority allocated to expanding its ETH treasury position.
Joseph Lubin, Chairman of Sharplink Gaming and Co-founder of Ethereum, spoke about Sharplink’s significant capital allocation to ETH.
SharpLink’s bold ETH strategy represents a pivotal milestone and innovative approach to the institutional adoption of Ethereum. Sharplink is contributing to Ethereum’s long-term security and trust properties while earning additional ETH for that work.
Over 95% of Sharplink’s ETH is now actively deployed in staking and liquid staking platforms, not only generating yield but also supporting the Ethereum network’s security. The company has also reported an 11.8% ETH-per-share growth since June 2, 2025, enhancing shareholder exposure to the asset’s performance.
#ETH🔥🔥🔥🔥🔥🔥
Eth Holder
Sharplink Gaming has secured 176,271 ETH for $463 million, becoming the largest publicly traded holder of ether globally, and actively staking the majority of its position to earn network rewards.
Acquisition of 176,000+ ETH Sees Sharplink Double Down on Ethereum
Sharplink Gaming, Inc. (Nasdaq: SBET) has made headlines by acquiring 176,271 ETH for $462.9 million, positioning itself as the largest publicly traded ether holder worldwide. This milestone surpasses other public firms, leaving only the Ethereum Foundation ahead in total holdings.
The acquisition, averaging $2,626 per ETH, was funded through the company’s previously disclosed private investment in public equity (PIPE) and additional proceeds from its $1 billion at-the-market (ATM) equity offering program.
“This is a landmark moment for Sharplink and for public company adoption of digital assets. Our decision to make ETH our primary treasury reserve asset reflects deep conviction in its role as programmable, yield-bearing digital capital,” said Rob Phythian, CEO of Sharplink Gaming.
Between May 30 and June 12, Sharplink raised $79 million in gross proceeds via its ATM facility, with the majority allocated to expanding its ETH treasury position.
Joseph Lubin, Chairman of Sharplink Gaming and Co-founder of Ethereum, spoke about Sharplink’s significant capital allocation to ETH.
SharpLink’s bold ETH strategy represents a pivotal milestone and innovative approach to the institutional adoption of Ethereum. Sharplink is contributing to Ethereum’s long-term security and trust properties while earning additional ETH for that work.
Over 95% of Sharplink’s ETH is now actively deployed in staking and liquid staking platforms, not only generating yield but also supporting the Ethereum network’s security. The company has also reported an 11.8% ETH-per-share growth since June 2, 2025, enhancing shareholder exposure to the asset’s performance.
Explore my portfolio mix. Follow to see how I invest!
Bitcoin (BTC) may be standing tall above $109,000, but veteran traderPeter Brandt is raising a red flag — and it is not the first time he has done so. In a recent X post, Brandt asked a worrying, yet simple, question that is already echoing across the crypto space.
For context, Brandt is one of the longest-standing chartists in the game, known for calling major crypto tops — and bottoms — long before they hit the headlines. This time, he is pointing to an eerie structural similarity between the currentBitcoin setup and what played out in 2022, when BTC tanked from just under $70,000 all the way to the low $16,000s.
card
One of the charts he references shows a potential double top formation playing out on the weekly frame. Another marks out a “bump-and-run” reversal zone — a classic pattern that often precedes deep corrections.
Is Bitcoin $BTC following its 2022 script and setting up for a 75% correction? Doesn't hurt to ask this, does it? pic.twitter.com/BAywkhSwgy
— Peter Brandt (@PeterLBrandt) June 10, 2025
While the price is currently floating near local highs, above the $109K mark, Brandt’s hypothetical projection lands BTC back at the $27K zone. That would be a 75% drawdown — nearly $82,000 shaved off the top — and back into territory most bulls hoped they would never revisit.
card
It is interesting that this warning came out at this time. WithBTC close to its all-time highs and ETF momentum still strong, a lot of people on the market are feeling optimistic. But Brandt's careful approach offers a counterweight: prices do not always go up in a straight line, and history tends to repeat itself — sometimes when it hurts the most.
No one's calling the top with certainty, not even Brandt. But in his words, "It's worth asking, right?" Whether it is just a mental exercise or a legit warning, traders might want to keep an eye on the charts and another on history.#
Bitcoin (BTC) may be standing tall above $109,000, but veteran traderPeter Brandt is raising a red flag — and it is not the first time he has done so. In a recent X post, Brandt asked a worrying, yet simple, question that is already echoing across the crypto space.
For context, Brandt is one of the longest-standing chartists in the game, known for calling major crypto tops — and bottoms — long before they hit the headlines. This time, he is pointing to an eerie structural similarity between the currentBitcoin setup and what played out in 2022, when BTC tanked from just under $70,000 all the way to the low $16,000s.
card
One of the charts he references shows a potential double top formation playing out on the weekly frame. Another marks out a “bump-and-run” reversal zone — a classic pattern that often precedes deep corrections.
Is Bitcoin $BTC following its 2022 script and setting up for a 75% correction? Doesn't hurt to ask this, does it? pic.twitter.com/BAywkhSwgy
— Peter Brandt (@PeterLBrandt) June 10, 2025
While the price is currently floating near local highs, above the $109K mark, Brandt’s hypothetical projection lands BTC back at the $27K zone. That would be a 75% drawdown — nearly $82,000 shaved off the top — and back into territory most bulls hoped they would never revisit.
card
It is interesting that this warning came out at this time. WithBTC close to its all-time highs and ETF momentum still strong, a lot of people on the market are feeling optimistic. But Brandt's careful approach offers a counterweight: prices do not always go up in a straight line, and history tends to repeat itself — sometimes when it hurts the most.
No one's calling the top with certainty, not even Brandt. But in his words, "It's worth asking, right?" Whether it is just a mental exercise or a legit warning, traders might want to keep an eye on the charts and another on history.#
Treading
#TradingTypes101 m
Refer and Earn Now: 25,000 USDC Up for Grabs!
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to launch a limited-time referral promotion that rewards users for growing the community! Invite your friends to sign up and trade, and share a total reward pool of 25,000 USDC in token vouchers!
Each eligible referrer can earn up to 50 USDC in token vouchers by inviting multiple friends, each invited friend (referee) can also earn 10 USDC token vouchers each upon completing tasks.
Join Now
Promotion Period: 2025-06-05 00:00 (UTC) to 2025-07-05 23:59 (UTC)
How to Participate:
Step 1: Visit the activity page and share your limited-time activity referral link with friends.
Step 2: Invite your friend(s) to complete both of the following tasks. For each successful referral*, both the referrer and the referee will be eligible to each unlock a 10 USDC token voucher.
Deposit an accumulative amount of at least $50 equivalent via Cash Deposit, Buy with Credit/Debit Card, or P2P Trading; and
Trade an accumulative amount of at least $100 equivalent via Binance Spot or Convert
Step 3: Open the Reward Box in the activity page to get the reward, and the USDC token voucher will be distributed to the referrer and the referee's Rewards Hub respectively.
Please Note:
*A successful referral refers to a newly referred user who successfully registers an account via the referrer’s limited-time activity referral link/code and completes all the required tasks during the Promotion Period.
Each eligible referrer can unlock a maximum of 5 Reward Boxes, worth 10 USDC token vouchers each. Each eligible user can earn a maximum of 50 USDC token vouchers, distributed on a first-come, first-served basis.
Newly joined users (referees) can also earn up to 50 USDC token vouchers if they refer their own friends and fulfill the aforementioned criteria.
Terms & Conditions:
Only users in certain regions are eligible to join this promotion. Users may refer to the activity page for their eligibility to participate. Users in restricted regions are disqualified from participating in the Binance Referral Program as referrers or referred users.
These terms and conditions (“Activity Terms”) govern users’ participation in the Referral Campaign (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Notice; all of which are incorporated by reference into these terms and conditions.
All trading volumes on Spot zero fee trading pairs and USDT/DAI, as well as any Convert trades between USDT, USDC, FDUSD, TUSD, DAI, USDP, USTC, BUSD, AEUR, and EURI, will not be considered as valid trading volume.
Binance will use the price of the USDC trading pair at the time of trading to calculate the value of the trades completed on Binance Spot or Convert during the Activity Period. If there is no USDC pair for a specific cryptocurrency, it will be converted to another token or coin with a USDC pair to determine its value.
In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. Trading volumes on all FDUSD, TUSD, and USDT trading pairs will not count toward the trading volume requirement for EEA users in this promotion. For more information, please click here.
Each new user can only be referred to Binance via one referral mode. If a new user registers for a Binance account via this promotion’s limited-time activity referral ID/link, the referrer will neither be eligible for any commission-based rewards from Referral Pro mode nor $100 trading fee rebate voucher from Referral mode.
Sub-accounts cannot be used to participate in this promotion. Spot or Convert trades that are completed with a sub-account will not count toward the trading volume requirement.
Reward Distribution:
Each eligible user may unlock a maximum of 5 Reward Boxes from this Promotion.
Rewards are distributed on a first-come, first-served basis. If the USDC prize pool is depleted, both referrers and referees will no longer be eligible for any rewards.
Eligible users must open the Reward Box within the promotion period. Thereafter, token voucher rewards will be distributed to users’ Rewards Hub within 48 hours. Learn how to redeem a voucher.
Reward Box cannot be opened after the Promotion Period ends, and any unopened Reward Boxes will expire.
Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
Binance reserves the right to disqualify and revoke rewards for participants who engage in dishonest or abusive activities during the promotion, including but not limited to registering from the same IP or device, bulk-account registrations to farm additional bonuses and any other activity in connection with unlawful, fraudulent, or harmful purposes.
At Binance's sole discretion, user participation will be considered without effect and users will automatically be excluded, disqualified and prevented from accumulating benefits, in cases where it is identified:
Any violations of Binance's Terms of Use and its Compliance Policies, as well as attempted or proven fraud, human and/or through the use of technology;
Manipulation of results or failure to fulfill the requirements and provisions set forth in these Terms and Conditions;
Completion, by the user, of incorrect, outdated, mistaken information or filled with untrue information, and may also be liable for the crime of ideological or documental falsehood;
Registrations and participations for which any technological means have been used or there are indications of their use, whether electronic, computerized, digital, robotic, repetitive, automatic, mechanical and/or analogous, with the intention of automatic and/or repetitive reproduction of registrations, identical or not, which will also result in the nullity of all registrations and participations made by the user who has used one of the aforementioned means or for one of the aforementioned purposes, even if not all registrations or participations have resulted from the use of such means and/or were carried out with such purpose.
Binance reserves the right of final interpretation of this promotion.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Refer and Earn Now: 25,000 USDC Up for Grabs!
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to launch a limited-time referral promotion that rewards users for growing the community! Invite your friends to sign up and trade, and share a total reward pool of 25,000 USDC in token vouchers!
Each eligible referrer can earn up to 50 USDC in token vouchers by inviting multiple friends, each invited friend (referee) can also earn 10 USDC token vouchers each upon completing tasks.
Join Now
Promotion Period: 2025-06-05 00:00 (UTC) to 2025-07-05 23:59 (UTC)
How to Participate:
Step 1: Visit the activity page and share your limited-time activity referral link with friends.
Step 2: Invite your friend(s) to complete both of the following tasks. For each successful referral*, both the referrer and the referee will be eligible to each unlock a 10 USDC token voucher.
Deposit an accumulative amount of at least $50 equivalent via Cash Deposit, Buy with Credit/Debit Card, or P2P Trading; and
Trade an accumulative amount of at least $100 equivalent via Binance Spot or Convert
Step 3: Open the Reward Box in the activity page to get the reward, and the USDC token voucher will be distributed to the referrer and the referee's Rewards Hub respectively.
Please Note:
*A successful referral refers to a newly referred user who successfully registers an account via the referrer’s limited-time activity referral link/code and completes all the required tasks during the Promotion Period.
Each eligible referrer can unlock a maximum of 5 Reward Boxes, worth 10 USDC token vouchers each. Each eligible user can earn a maximum of 50 USDC token vouchers, distributed on a first-come, first-served basis.
Newly joined users (referees) can also earn up to 50 USDC token vouchers if they refer their own friends and fulfill the aforementioned criteria.
Terms & Conditions:
Only users in certain regions are eligible to join this promotion. Users may refer to the activity page for their eligibility to participate. Users in restricted regions are disqualified from participating in the Binance Referral Program as referrers or referred users.
These terms and conditions (“Activity Terms”) govern users’ participation in the Referral Campaign (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Notice; all of which are incorporated by reference into these terms and conditions.
All trading volumes on Spot zero fee trading pairs and USDT/DAI, as well as any Convert trades between USDT, USDC, FDUSD, TUSD, DAI, USDP, USTC, BUSD, AEUR, and EURI, will not be considered as valid trading volume.
Binance will use the price of the USDC trading pair at the time of trading to calculate the value of the trades completed on Binance Spot or Convert during the Activity Period. If there is no USDC pair for a specific cryptocurrency, it will be converted to another token or coin with a USDC pair to determine its value.
In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. Trading volumes on all FDUSD, TUSD, and USDT trading pairs will not count toward the trading volume requirement for EEA users in this promotion. For more information, please click here.
Each new user can only be referred to Binance via one referral mode. If a new user registers for a Binance account via this promotion’s limited-time activity referral ID/link, the referrer will neither be eligible for any commission-based rewards from Referral Pro mode nor $100 trading fee rebate voucher from Referral mode.
Sub-accounts cannot be used to participate in this promotion. Spot or Convert trades that are completed with a sub-account will not count toward the trading volume requirement.
Reward Distribution:
Each eligible user may unlock a maximum of 5 Reward Boxes from this Promotion.
Rewards are distributed on a first-come, first-served basis. If the USDC prize pool is depleted, both referrers and referees will no longer be eligible for any rewards.
Eligible users must open the Reward Box within the promotion period. Thereafter, token voucher rewards will be distributed to users’ Rewards Hub within 48 hours. Learn how to redeem a voucher.
Reward Box cannot be opened after the Promotion Period ends, and any unopened Reward Boxes will expire.
Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
Binance reserves the right to disqualify and revoke rewards for participants who engage in dishonest or abusive activities during the promotion, including but not limited to registering from the same IP or device, bulk-account registrations to farm additional bonuses and any other activity in connection with unlawful, fraudulent, or harmful purposes.
At Binance's sole discretion, user participation will be considered without effect and users will automatically be excluded, disqualified and prevented from accumulating benefits, in cases where it is identified:
Any violations of Binance's Terms of Use and its Compliance Policies, as well as attempted or proven fraud, human and/or through the use of technology;
Manipulation of results or failure to fulfill the requirements and provisions set forth in these Terms and Conditions;
Completion, by the user, of incorrect, outdated, mistaken information or filled with untrue information, and may also be liable for the crime of ideological or documental falsehood;
Registrations and participations for which any technological means have been used or there are indications of their use, whether electronic, computerized, digital, robotic, repetitive, automatic, mechanical and/or analogous, with the intention of automatic and/or repetitive reproduction of registrations, identical or not, which will also result in the nullity of all registrations and participations made by the user who has used one of the aforementioned means or for one of the aforementioned purposes, even if not all registrations or participations have resulted from the use of such means and/or were carried out with such purpose.
Binance reserves the right of final interpretation of this promotion.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Refree free money
Explore my portfolio mix. Follow to see how I invest!
Refer and Earn Now: 25,000 USDC Up for Grabs!
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to launch a limited-time referral promotion that rewards users for growing the community! Invite your friends to sign up and trade, and share a total reward pool of 25,000 USDC in token vouchers!
Each eligible referrer can earn up to 50 USDC in token vouchers by inviting multiple friends, each invited friend (referee) can also earn 10 USDC token vouchers each upon completing tasks.
Join Now
Promotion Period: 2025-06-05 00:00 (UTC) to 2025-07-05 23:59 (UTC)
How to Participate:
Step 1: Visit the activity page and share your limited-time activity referral link with friends.
Step 2: Invite your friend(s) to complete both of the following tasks. For each successful referral*, both the referrer and the referee will be eligible to each unlock a 10 USDC token voucher.
Deposit an accumulative amount of at least $50 equivalent via Cash Deposit, Buy with Credit/Debit Card, or P2P Trading; and
Trade an accumulative amount of at least $100 equivalent via Binance Spot or Convert
Step 3: Open the Reward Box in the activity page to get the reward, and the USDC token voucher will be distributed to the referrer and the referee's Rewards Hub respectively.
Please Note:
*A successful referral refers to a newly referred user who successfully registers an account via the referrer’s limited-time activity referral link/code and completes all the required tasks during the Promotion Period.
Each eligible referrer can unlock a maximum of 5 Reward Boxes, worth 10 USDC token vouchers each. Each eligible user can earn a maximum of 50 USDC token vouchers, distributed on a first-come, first-served basis.
Newly joined users (referees) can also earn up to 50 USDC token vouchers if they refer their own friends and fulfill the aforementioned criteria.
Terms & Conditions:
Only users in certain regions are eligible to join this promotion. Users may refer to the activity page for their eligibility to participate. Users in restricted regions are disqualified from participating in the Binance Referral Program as referrers or referred users.
These terms and conditions (“Activity Terms”) govern users’ participation in the Referral Campaign (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Notice; all of which are incorporated by reference into these terms and conditions.
All trading volumes on Spot zero fee trading pairs and USDT/DAI, as well as any Convert trades between USDT, USDC, FDUSD, TUSD, DAI, USDP, USTC, BUSD, AEUR, and EURI, will not be considered as valid trading volume.
Binance will use the price of the USDC trading pair at the time of trading to calculate the value of the trades completed on Binance Spot or Convert during the Activity Period. If there is no USDC pair for a specific cryptocurrency, it will be converted to another token or coin with a USDC pair to determine its value.
In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. Trading volumes on all FDUSD, TUSD, and USDT trading pairs will not count toward the trading volume requirement for EEA users in this promotion. For more information, please click here.
Each new user can only be referred to Binance via one referral mode. If a new user registers for a Binance account via this promotion’s limited-time activity referral ID/link, the referrer will neither be eligible for any commission-based rewards from Referral Pro mode nor $100 trading fee rebate voucher from Referral mode.
Sub-accounts cannot be used to participate in this promotion. Spot or Convert trades that are completed with a sub-account will not count toward the trading volume requirement.
Reward Distribution:
Each eligible user may unlock a maximum of 5 Reward Boxes from this Promotion.
Rewards are distributed on a first-come, first-served basis. If the USDC prize pool is depleted, both referrers and referees will no longer be eligible for any rewards.
Eligible users must open the Reward Box within the promotion period. Thereafter, token voucher rewards will be distributed to users’ Rewards Hub within 48 hours. Learn how to redeem a voucher.
Reward Box cannot be opened after the Promotion Period ends, and any unopened Reward Boxes will expire.
Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
Binance reserves the right to disqualify and revoke rewards for participants who engage in dishonest or abusive activities during the promotion, including but not limited to registering from the same IP or device, bulk-account registrations to farm additional bonuses and any other activity in connection with unlawful, fraudulent, or harmful purposes.
At Binance's sole discretion, user participation will be considered without effect and users will automatically be excluded, disqualified and prevented from accumulating benefits, in cases where it is identified:
Any violations of Binance's Terms of Use and its Compliance Policies, as well as attempted or proven fraud, human and/or through the use of technology;
Manipulation of results or failure to fulfill the requirements and provisions set forth in these Terms and Conditions;
Completion, by the user, of incorrect, outdated, mistaken information or filled with untrue information, and may also be liable for the crime of ideological or documental falsehood;
Registrations and participations for which any technological means have been used or there are indications of their use, whether electronic, computerized, digital, robotic, repetitive, automatic, mechanical and/or analogous, with the intention of automatic and/or repetitive reproduction of registrations, identical or not, which will also result in the nullity of all registrations and participations made by the user who has used one of the aforementioned means or for one of the aforementioned purposes, even if not all registrations or participations have resulted from the use of such means and/or were carried out with such purpose.
Binance reserves the right of final interpretation of this promotion.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-06-05
Refer and Earn Now: 25,000 USDC Up for Grabs!
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to launch a limited-time referral promotion that rewards users for growing the community! Invite your friends to sign up and trade, and share a total reward pool of 25,000 USDC in token vouchers!
Each eligible referrer can earn up to 50 USDC in token vouchers by inviting multiple friends, each invited friend (referee) can also earn 10 USDC token vouchers each upon completing tasks.
Join Now
Promotion Period: 2025-06-05 00:00 (UTC) to 2025-07-05 23:59 (UTC)
How to Participate:
Step 1: Visit the activity page and share your limited-time activity referral link with friends.
Step 2: Invite your friend(s) to complete both of the following tasks. For each successful referral*, both the referrer and the referee will be eligible to each unlock a 10 USDC token voucher.
Deposit an accumulative amount of at least $50 equivalent via Cash Deposit, Buy with Credit/Debit Card, or P2P Trading; and
Trade an accumulative amount of at least $100 equivalent via Binance Spot or Convert
Step 3: Open the Reward Box in the activity page to get the reward, and the USDC token voucher will be distributed to the referrer and the referee's Rewards Hub respectively.
Please Note:
*A successful referral refers to a newly referred user who successfully registers an account via the referrer’s limited-time activity referral link/code and completes all the required tasks during the Promotion Period.
Each eligible referrer can unlock a maximum of 5 Reward Boxes, worth 10 USDC token vouchers each. Each eligible user can earn a maximum of 50 USDC token vouchers, distributed on a first-come, first-served basis.
Newly joined users (referees) can also earn up to 50 USDC token vouchers if they refer their own friends and fulfill the aforementioned criteria.
Terms & Conditions:
Only users in certain regions are eligible to join this promotion. Users may refer to the activity page for their eligibility to participate. Users in restricted regions are disqualified from participating in the Binance Referral Program as referrers or referred users.
These terms and conditions (“Activity Terms”) govern users’ participation in the Referral Campaign (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Notice; all of which are incorporated by reference into these terms and conditions.
All trading volumes on Spot zero fee trading pairs and USDT/DAI, as well as any Convert trades between USDT, USDC, FDUSD, TUSD, DAI, USDP, USTC, BUSD, AEUR, and EURI, will not be considered as valid trading volume.
Binance will use the price of the USDC trading pair at the time of trading to calculate the value of the trades completed on Binance Spot or Convert during the Activity Period. If there is no USDC pair for a specific cryptocurrency, it will be converted to another token or coin with a USDC pair to determine its value.
In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. Trading volumes on all FDUSD, TUSD, and USDT trading pairs will not count toward the trading volume requirement for EEA users in this promotion. For more information, please click here.
Each new user can only be referred to Binance via one referral mode. If a new user registers for a Binance account via this promotion’s limited-time activity referral ID/link, the referrer will neither be eligible for any commission-based rewards from Referral Pro mode nor $100 trading fee rebate voucher from Referral mode.
Sub-accounts cannot be used to participate in this promotion. Spot or Convert trades that are completed with a sub-account will not count toward the trading volume requirement.
Reward Distribution:
Each eligible user may unlock a maximum of 5 Reward Boxes from this Promotion.
Rewards are distributed on a first-come, first-served basis. If the USDC prize pool is depleted, both referrers and referees will no longer be eligible for any rewards.
Eligible users must open the Reward Box within the promotion period. Thereafter, token voucher rewards will be distributed to users’ Rewards Hub within 48 hours. Learn how to redeem a voucher.
Reward Box cannot be opened after the Promotion Period ends, and any unopened Reward Boxes will expire.
Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
Binance reserves the right to disqualify and revoke rewards for participants who engage in dishonest or abusive activities during the promotion, including but not limited to registering from the same IP or device, bulk-account registrations to farm additional bonuses and any other activity in connection with unlawful, fraudulent, or harmful purposes.
At Binance's sole discretion, user participation will be considered without effect and users will automatically be excluded, disqualified and prevented from accumulating benefits, in cases where it is identified:
Any violations of Binance's Terms of Use and its Compliance Policies, as well as attempted or proven fraud, human and/or through the use of technology;
Manipulation of results or failure to fulfill the requirements and provisions set forth in these Terms and Conditions;
Completion, by the user, of incorrect, outdated, mistaken information or filled with untrue information, and may also be liable for the crime of ideological or documental falsehood;
Registrations and participations for which any technological means have been used or there are indications of their use, whether electronic, computerized, digital, robotic, repetitive, automatic, mechanical and/or analogous, with the intention of automatic and/or repetitive reproduction of registrations, identical or not, which will also result in the nullity of all registrations and participations made by the user who has used one of the aforementioned means or for one of the aforementioned purposes, even if not all registrations or participations have resulted from the use of such means and/or were carried out with such purpose.
Binance reserves the right of final interpretation of this promotion.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-06-05
XRP Price
#Xrp🔥🔥
$XRP
XRP is trading at $2.18 at 5 p.m. Eastern time, with a total market capitalization of $128 billion and a 24-hour trading volume of $1.77 billion. Price action has fluctuated within a tight intraday range of $2.14 to $2.189, signaling cautious optimism amid macro and micro market movements.
XRP
In the 1-hour chart, XRP is demonstrating a short-term recovery from a recent dip, climbing gradually from $2.124 to $2.18. The increase in bullish candlesticks with higher lows indicates that buyers are stepping in, particularly evident from the heightened volume near the lower price points—suggesting accumulation by institutional participants or experienced traders. A key pullback entry zone lies between $2.16 and $2.165. This microstructure reflects a bullish setup that requires confirmation to extend gains further.
XRP/USDC via Binance on June 2, 2025. 1-hour chart.
Zooming out to the 4-hour chart, XRP appears to be stabilizing after rebounding from support near $2.08. It now trades in a narrow range around $2.15 to $2.18, supported by a noticeable volume spike at the recent dip, hinting at strategic accumulation. The emerging mini ascending triangle pattern could favor the bulls, provided there is a breakout above the $2.185 to $2.19 threshold, supported by substantial volume. A successful move could propel prices to immediate targets of $2.22, followed by a possible $2.30.
XRP/USDC via Binance on June 2, 2025. 4-hour chart.
From a broader daily chart perspective, XRP has been in a defined downtrend since peaking at $2.656, with a recent bounce from the $2.10 level. Volume trends remain weak during this sideways phase, limiting bullish momentum. Support has been validated twice around $2.08–$2.10, while resistance looms between $2.30–$2.35, where multiple rejections have occurred. The structure resembles a bear flag unless buyers push the price decisively above $2.30.
XRP/USDC via Binance on June 2, 2025. 1-day chart.
On the oscillator front, sentiment is mixed. The relative strength index at 41.31 suggests neutral momentum, while the Stochastic oscillator at 24.41 also supports a neutral stance. However, the commodity channel index stands at −135.43, signaling a potential bullish opportunity from oversold conditions. The momentum indicator at −0.11576 also issues a positive outlook, whereas the moving average convergence divergence (MACD) at −0.03152 leans bearish. The average directional index (ADX 14) at 17.95 and the Awesome oscillator at −0.11999 remain neutral, highlighting the indecisiveness in the current price momentum.
As for moving averages (MAs), all short- to mid-term indicators—ranging from the exponential moving average (EMA 10) at $2.23772 to the simple moving average (SMA 100) at $2.25650—are flashing bearish signals. This reflects persistent negative pressure, corroborated by higher timeframe averages. Notably, only the EMA 200 at $2.07677 suggests things may be still bullish, implying long-term support remains intact despite near-term weakness. The overall picture favors extreme caution unless XRP can reclaim higher resistance levels with conviction and increased trading volume.
Bull Verdict:
If XRP breaks above the $2.19–$2.20 resistance with volume confirmation, the technical structure across all timeframes supports a bullish continuation. Accumulation patterns, ascending triangle formations, and favorable long-term support levels suggest a possible retest of $2.30 and potentially $2.50 in the coming sessions, contingent on sustained buying momentum.
Bear Verdict:
Without a decisive breakout above $2.20 and given the prevailing sell signals across most moving averages and the bearish MACD, XRP risks further consolidation or downside. A failure to hold the $2.14–$2.15 range could expose the asset to a retest of the $2.08 support zone, with limited upside unless broader market sentiment shifts.
$XRP
XRP is trading at $2.18 at 5 p.m. Eastern time, with a total market capitalization of $128 billion and a 24-hour trading volume of $1.77 billion. Price action has fluctuated within a tight intraday range of $2.14 to $2.189, signaling cautious optimism amid macro and micro market movements.
XRP
In the 1-hour chart, XRP is demonstrating a short-term recovery from a recent dip, climbing gradually from $2.124 to $2.18. The increase in bullish candlesticks with higher lows indicates that buyers are stepping in, particularly evident from the heightened volume near the lower price points—suggesting accumulation by institutional participants or experienced traders. A key pullback entry zone lies between $2.16 and $2.165. This microstructure reflects a bullish setup that requires confirmation to extend gains further.
XRP/USDC via Binance on June 2, 2025. 1-hour chart.
Zooming out to the 4-hour chart, XRP appears to be stabilizing after rebounding from support near $2.08. It now trades in a narrow range around $2.15 to $2.18, supported by a noticeable volume spike at the recent dip, hinting at strategic accumulation. The emerging mini ascending triangle pattern could favor the bulls, provided there is a breakout above the $2.185 to $2.19 threshold, supported by substantial volume. A successful move could propel prices to immediate targets of $2.22, followed by a possible $2.30.
XRP/USDC via Binance on June 2, 2025. 4-hour chart.
From a broader daily chart perspective, XRP has been in a defined downtrend since peaking at $2.656, with a recent bounce from the $2.10 level. Volume trends remain weak during this sideways phase, limiting bullish momentum. Support has been validated twice around $2.08–$2.10, while resistance looms between $2.30–$2.35, where multiple rejections have occurred. The structure resembles a bear flag unless buyers push the price decisively above $2.30.
XRP/USDC via Binance on June 2, 2025. 1-day chart.
On the oscillator front, sentiment is mixed. The relative strength index at 41.31 suggests neutral momentum, while the Stochastic oscillator at 24.41 also supports a neutral stance. However, the commodity channel index stands at −135.43, signaling a potential bullish opportunity from oversold conditions. The momentum indicator at −0.11576 also issues a positive outlook, whereas the moving average convergence divergence (MACD) at −0.03152 leans bearish. The average directional index (ADX 14) at 17.95 and the Awesome oscillator at −0.11999 remain neutral, highlighting the indecisiveness in the current price momentum.
As for moving averages (MAs), all short- to mid-term indicators—ranging from the exponential moving average (EMA 10) at $2.23772 to the simple moving average (SMA 100) at $2.25650—are flashing bearish signals. This reflects persistent negative pressure, corroborated by higher timeframe averages. Notably, only the EMA 200 at $2.07677 suggests things may be still bullish, implying long-term support remains intact despite near-term weakness. The overall picture favors extreme caution unless XRP can reclaim higher resistance levels with conviction and increased trading volume.
Bull Verdict:
If XRP breaks above the $2.19–$2.20 resistance with volume confirmation, the technical structure across all timeframes supports a bullish continuation. Accumulation patterns, ascending triangle formations, and favorable long-term support levels suggest a possible retest of $2.30 and potentially $2.50 in the coming sessions, contingent on sustained buying momentum.
Bear Verdict:
Without a decisive breakout above $2.20 and given the prevailing sell signals across most moving averages and the bearish MACD, XRP risks further consolidation or downside. A failure to hold the $2.14–$2.15 range could expose the asset to a retest of the $2.08 support zone, with limited upside unless broader market sentiment shifts.
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