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XRP is over $0.47 after $30 million in losses in the previous 10 days Over $30 million has been lost by Ripple holders losing XRP since June 15. In the same span, exchange XRP token supply dropped to 2.84 million. XRP struggles to break $0.48 on Tuesday. XRP struggles to maintain above $0.48 on Tuesday and seems set to prolong its current fall. Santiment data shows investors lost tokens in the last 10 days. Market capitulation occurs when traders sell their tokens at a loss and anticipate the asset's price to fall. Since its June 17 peak of $0.5213, XRP has fallen to $0.47 on Tuesday. Santiment data suggests Ripple traders sold XRP at a loss between June 15 and 25. Over $30 million in 10 days, the Network Realized Profit/Loss (NPL) measure displays negative spikes. Token distribution at a loss indicates market surrender. XRP exchange supply has decreased in the previous 10 days. 2.84 million XRP coins are on exchanges, down about 1%, indicating a decrease in selling pressure. Exchange supply drop and NPL vs. XRP pricing are shown in the Santiment chart below. Ripple The SEC's June 14 letter to Ripple, which included a $102.6 million securities violation punishment, has not been updated. Ripple won a partial victory in its long-running SEC fight when a California judge dismissed all class action lawsuits against the company save one against CEO Brad Garlinghouse. Technical analysis: XRP falls below $0.48 Since March 11, Ripple has lost approximately 35% of its value till June 25. Tuesday's XRP price is at $0.4750, and the cryptocurrency may fall to $0.4508, the June 7 low. At $0.4508, Ripple would have dropped 5%. XRP might fall another 7% to $0.4188, its April 13 low. The MACD indicator suggests bearishness. Ripple's price trend is negative, shown by red histogram bars below the neutral line. A daily candlestick close above $0.4955, the 23.6% Fibonacci retracement of the slide between the March 11 peak of $0.7440 and the April 13 low of $0.4188, might disprove the bearish thesis. #XRP $XRP

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Bitcoin 2024 Prepares for Trump Talk: July Crypto Community Buzz As the 2024 US presidential election approaches, former President Donald Trump is trying to win over bitcoin enthusiasts. Axios reported that Trump is considering speaking at Bitcoin 2024 in Nashville, Tennessee, on July 25–27. Bitcoin Magazine's 2024 Bitcoin event is expected to be the biggest BTC event of the year. Immediately after the Republican National Convention, it gives Trump a good opportunity to promote crypto. Trump's attendance at this event might convince hesitant voters by demonstrating his support for the crypto business. Trump's cryptocurrency outreach extends beyond bluster. He recently met with top US Bitcoin miners and advocated for expanded domestic mining of all remaining BTC. This matches his stated pledge to eliminate the Biden administration's Bitcoin hostility. Trump is committed to shaping the future of cryptocurrencies and Bitcoin in the US. Trump's pro-crypto rhetoric is noted. The Gemini crypto exchange founders, the Winklevoss twins, gave $2 million to his campaign. Trump had received $60,000 in on-chain crypto contributions before this large payment, bringing his total to almost $1.7 million. Off-chain exchange contributions should boost this amount. High-profile crypto personalities' financial backing shows the industry's expanding power and ability to influence the 2024 election. Trump strategically targets this group, which supports innovation and less regulation. Contrasting Cryptoregulation Methods The Biden administration's cryptocurrency regulation has been criticized by business leaders. Trump promotes financial innovation and deregulation, in contrast. He hopes to win over disillusioned people by promising to halt Biden's "war on crypto." American cryptocurrency voters have a clear option due to this policy gap. Blockchain technology may change the banking sector, thus Trump's support may appeal. #BTCFOMCWatch #MtGoxJulyRepayments #Trump $BTC

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Emission Burned $3M in Notcoin (NOT), Leaving 94.18% NOT To 11.5M People The Notcoin team claimed that $3 million in NOT coins were destroyed from the emission, leaving 94.18% of NOT with 11.5 million individuals. Rada Mateescu Rada MateescuChecked Author Jun 25, 20242 min. Read Key Points The emission burnt $3 million in NOT coins, according to Notcoin. Incentives for Notcoin Explore Gold and Platinum customers include $4.2 million. The Notcoin team made a major statement on X. NOT tokens worth $3 million were burnt from the emission, and Notcoin Tokenomics is now more community-oriented. They also announced $4.2 million would reward Notcoin Explore Gold and Platinum users. The Notcoin team said that 94.18% of NOT is currently in the hands of 11.5 million merchants, miners, stakers, and more after the burn. 5.82% is in the treasury for future growth. They remarked that the future looks bright with the community as the key shareholder. As of this writing, NOT has a market value of over $1.48 billion and is up 6% in 24 hours. Notcoin's team posted on X that Notcoin is a community. Ups and downs, development, and enjoyment characterised the project's month-long path to exchange listing. They said Notcoin developed a new mining app section in Telegram and increased the TON ecosystem, becoming a key crypto player. Notcoin has been listed on major crypto exchanges and had a “nice ride” with launch pools, attracting millions of traders. The article says unclaimed tokens are sorted into three groups: NOTCOIN—what is it? Notcoin originated as a popular Telegram clicker game that recruited many Web3 users via tap-to-earn mining. Find Web3 goods to earn NOT, a community token. Users may also play new games and earn by contributing to the ecosystem. Notcoin campaigns let Web3 developers sell their goods. His goal for the next four years is to construct sustainable and efficient subsystems to make the project independent of the team. #NOT #Notcoin @The Notcoin Official $NOT

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Bitcoin Prices Surge Beyond Falling Wedge From a peak of $63,369 to a low of $58,402, the price of bitcoin fell almost 7.5% on Monday, breaking below the falling wedge. Bitcoin finished the day at $60,293 after retesting key weekly support around $58,375, a 3.3% comeback. As of this writing, one bitcoin is trading for around $61,000, a little more than 1% increase over Tuesday. Bitcoin may face challenges at many important levels if the weekly support level of $58,375 remains intact. At about $62,000, you can see the bottom trendline of the falling wedge. Close to $63,956 is the daily barrier as well as the upper trendline of the falling wedge. The weekly barrier is $67,147 and the 61.8% Fibonacci retracement level is $66,631. If Bitcoin's price manages to break past these obstacles, it could be able to retest the next weekly resistance level at $71,280. Right now, on the daily chart, the Relative Strength Index (RSI) is in oversold zone, and the Awesome Oscillator (AO) is below its mean level. If the bulls want to pull off a successful recovery, the momentum indicators—RSI at 50 and AO at zero—must remain above their respective levels. If you're looking to cover your shorts or begin new longs, the relative strength index (RSI) is poised to leave the oversold level after briefly touching it. Assuming this plays out, the current rebound surge might gain momentum. But pessimistic sentiment may continue if Bitcoin closes below $58,375 and establishes a lower bottom on the daily time frame. A 3% drop in Bitcoin's price, bringing it back down to its May 1 low of $56,552, may result from such an event. #BTC #MtGoxJulyRepayments #CryptoPCEWatch $BTC

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Solana accelerates Blockchain interoperability with its strong virtual machine Blockchain interoperability is a huge barrier for Web3 developers, although progress has been made. One of the most performant Blockchains, Solana, is leading this effort to enable seamless cross-chain connectivity. The Web3 sector needs Blockchain interoperability to develop and reach widespread. It means decentralized networks may connect, exchange data, and let users transfer assets across chains. With its industry-leading high throughput and low latency, Solana is quickly becoming a key player in interoperability. Solana Virtual Machine, its network backbone, boosts performance. The SVM executes smart contracts and powers Solana's fast developing decentralized application ecosystem. The SVM relies on the Solana Runtime, which has many main components. In the Solana Virtual Machine, what? SVMs use the unique “proof-of-history” consensus technique to timestamp transactions before execution. Because Solana transactions are anchored to a verifiable timeframe, it can perform simultaneous transactions with high throughput and low latency without using much CPU resources. Unlike other Blockchains, Solana's VMs use a multi-threaded design to handle several transactions simultaneously. That's unlike Ethereum and Bitcoin, which use sequential transaction processing and can only complete one transaction at a time. The Tower BFT Consensus, which combines proof-of-stake with Tower Byzantine Fault Tolerance, is another important SVM component. This allows Solana to achieve low-latency finality, allowing network validators to reach agreement in seconds. Finally, Solana's VMs use Rust. While easy to use, Rust adds parallelism to smart contracts to improve efficiency. This unique design makes Solana effective at handling enormous transaction volumes. It processes them quickly and securely, making its network suitable for Blockchain interoperability. #Solana #SOL $SOL

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