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XRP, BTC and ETH analysis: Will the rise begin? The cryptocurrency market has left behind a very active month. In May, BTC increased by 11 percent, XRP by 3.40 percent and ETH by 24.83 percent. The Spot Ethereum ETF agenda has differentiated #ETH from other cryptocurrencies. BTC, shaken by Mt Gox, the US Fed's interest policy and hacking scandals, failed to break the $ 70,000 resistance. XRP, on the other hand, could not make its investors happy. After all these processes, eyes turned to June. Coinpedia included important details in its chart analysis for XRP, BTC and ETH. One of the altcoins that crypto investors expected the most and were most disappointed with was XRP. XRP could not make the expected rise in its long-standing upward trend. Although the lawsuit process with the #SEC continues, #BTC could not reach $ 1 in the scenario where it reached its all-time high. Coinpedia touched on the inadequacy of XRP in its chart analysis for June. XRP experienced an increase of only 0.25 percent in the past day. The popular altcoin experienced a 3 percent decline and increased volatility last week. XRP, which showed a weak performance compared to other altcoins in May, has lost 15.59 percent in value since the beginning of the year. According to the analysis, #XRP , 50 and 200-day moving averages act as resistance. This makes the rise of XRP difficult. MACD, a technical indicator, is trending flat with the average showing a neutral trend. This creates uncertainty about the future mobility of XRP. If the bulls gain strength, XRP could be seen surpassing the $0.5340 resistance. In this scenario, the $0.60 resistance will play an important role. If the major resistance point at $0.60 is crossed, $0.6575 can be seen. XRP, which is weakening day by day, may test the $ 0.48 support in a possible decline scenario. #XRP may drop to $0.42 in a short time if this support point is broken. $BTC $ETH $XRP

🇸🇻El Salvador President Nayib Bukele started his second term today. •Nayib Bukele said that he will continue to receive 1 Bitcoin every day into the country's cold wallet.

10 American superstars who went bankrupt from crypto. Cryptocurrencies and NFTs have gained great popularity in recent years. Many celebrities tried to keep up with these trends and launch their own initiatives. Unfortunately, not everything always goes smoothly. Some celebrities faced various penalties and reputational losses as a result of their attempts. 6ix9ine American new generation rapper 6ix9ine comes up with his unsuccessful #NFT initiative. The famous name launched an Ethereum-based NFT collection via the OpenSea marketplace in May 2022. Floyd Mayweather Only 1,687 people own Mayweather's "Floyds World", which launched his NFT collection with 9,935 different pieces in August 2021. Kim Kardashian Famous US media personality Kim #Kardashian , who is constantly on the agenda with her social life, had to pay huge fines because of an altcoin she supported. Snoop Dogg Legendary US rapper Snopp Dogg became another name that got into trouble by advertising the fraudulent crypto project. Shaquille O'Neal An NFT collection, co-owned and promoted by #Shaquille O'Neal, one of the most famous players in basketball history, with his son, disappointed investors. Lil Uzi Vert The value of the Eternal Beings NFT collection, which consists of avatars similar to the famous rap artist Lil Uzi Vert, is decreasing nowadays. Lana Rhoades Adult movie star Lana Rhoades is another name on the agenda with her unsuccessful NFT initiative. The collection called “Cryptosis”, which Rhoades launched through OpenSea in February 2022, consisted of 543 different pieces. DJ Khaled Palestinian-American DJ Khaled came to the fore in 2018 by advertising a fraudulent crypto project. Mila Kuins Famous American actress Mila Kuins was subjected to serious sanctions by the #SEC due to her NFT collection initiative called Stoner Cats. Ozzy Osbourne The NFT initiative called CryptoBlatz by Black Sabatth's former vocalist, famous music artist Ozzy Obsourne, failed due to hackers defrauding customers. $BTC

🧙‍♂️On May 31, spot #Bitcoin ETFs recorded net inflows of $48 million. •#GBTC experienced an outflow of $124 million. •BlackRock's spot Bitcoin ETF (IBIT) saw inflows of $169 million. •#Fidelity ETF (FBTC) inflow was 6 million dollars. •#Bitcoin Spot ETFs have experienced inflows for 14 consecutive days.

Vitalik Buterin Explained the Main Reasons for the Defeat of 'Big Blockchains' in the Bitcoin (BTC) Scaling War. Vitalik Buterin, creator of #Ethereum addressed the controversial “Bitcoin block size war” of the late 2010s in a recent blog post. Buterin, who once backed “big bloc” supporters, now concedes that the “small bloc” camp’s approach is more sustainable. This discussion centered on how Bitcoin should be scaled, updated, and managed; Supporters of large blocks were advocating hard-fork updates that would increase transaction capacity. However, Buterin thinks that big block supporters do not have the technical competence to effectively realize their vision and therefore fail to replace #Bitcoin . Buterin noted that the success of small-block promoters is partly due to their technical proficiency and fewer mistakes. He evaluated Jonathan Bier's book "The Blocksize War" from a small block perspective and Roger Ver's book "Hijacking Bitcoin" from a large block perspective. According to Buterin, various Bitcoin implementations proposed by big block supporters were flawed. For example, Bitcoin Classic was not well written and Bitcoin Unlimited was too complicated. Their reputations were also further damaged by the big bloc supporters' alliances with the now discredited Craig Wright. Despite the victory of small-block supporters, Bitcoin still faces ongoing challenges. Bitcoin Core developer Matt Corralo recently expressed concerns about Bitcoin's future as a peer-to-peer currency, noting the lack of effective scaling solutions without intermediaries. This has reignited discussions about soft fork proposals and the ultimate goals for Bitcoin's development. Buterin argues that the solution to these problems is new technology, not compromise. He highlighted technologies such as ZK-SNARKs, which he sees as a promising solution for both privacy and scaling; this technology was absent from historical accounts of the block size war. $ETH

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