XRP price could drop by over 20% in the coming weeks due to multiple onchain indicators hinting at a local top formation.
Solana briefly achieved over 100,000 transactions per second, and a developer said the blockchain could ‘theoretically’ eventually perform at 80,000 TPS.
The current capital reserve requirements and rules make holding cryptocurrencies too costly for banks, limiting the sector’s growth.
Withdrawals and trading for Monero (XMR) on the Kraken exchange remain open, and deposits will resume once it is safe, the exchange said.
Bitcoin and Ether’s pullback suggests selling on rallies, but buyers are likely to step in at key support levels.
BitMine and SharpLink are raising over $25 billion to expand Ether treasuries as US debt hits $37 trillion, fueling bullish crypto market sentiment.
Ethereum’s price moves closer to its all-time high, but liquidity shortage could trigger a breakout toward $6,000.
Buyer exhaustion may set the stage for a correction in August before investor capital surges into altcoins, as in previous market cycles.
The outflow day for spot Ether ETFs comes just after Ether narrowly missed reclaiming its 2021 all-time high.
Crypto traders’ “lack of interest” in dip buying Ether compared to Bitcoin could be the catalyst that sees Ether’s price go higher, says Santiment.