XRP’s overbought Stochastic RSI flashes a warning, echoing past signals that led to 25% average price drops in 2025. Chart patterns suggest a potential 50–70% downside, but analysts remain split as some predict breakouts toward $3.70 or higher. XRP held above the $2.28 level on July 7, recording a 0.58% price gain over 24 hours. The token peaked near $2.29 during the session before dropping, as alternating waves of buying and selling pressure shaped the intraday structure. Despite the brief pullback, XRP maintained its bullish posture after recovering from lows of $2.24. Market capitalization rose to $134.68 billion, supported by…
Author: cryphedge
Crypto Journalist Anas Hassan Crypto Journalist Anas Hassan About Author Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech. Share Last updated: July 7, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and…
CoreWeave has finalised a deal to acquire Core Scientific for $9 billion. The deal adds 1.3 GW of power capacity for AI and HPC expansion. Under the agreement, CORZ holders will get 0.1235 CoreWeave shares per CORZ share. CoreWeave has finalized a landmark $9 billion all-stock acquisition of Bitcoin mining giant Core Scientific, in a move that underscores the company’s ambition to dominate AI and high-performance computing infrastructure. The deal, announced on Monday, marks one of the largest takeovers in the AI infrastructure space this year and follows over a year of pursuit, with previous bids rejected for being undervalued.…
Ripple (XRP) has long been a favorite among crypto enthusiasts for its established role in cross-border payment systems. However, as the crypto market matures, newer tokens like Ruvi AI (RUVI) are presenting exciting opportunities, especially for investors seeking untapped growth potential. Ruvi AI’s early-stage success, utility-driven infrastructure, and high ROI forecasts make it a far more compelling and secure choice for those aiming for massive gains. Here’s why experts believe Ruvi AI could outshine Ripple as a smarter and safer investment this cycle. Ripple vs. Ruvi AI: Comparing Growth Opportunities Ripple’s Growing Legal Battles Ripple may be a well-known name, but it is under…
With the arrival of a new bull market, crypto investors are typically on the lookout for the next Shiba Inu (SHIB), a meme token characterized by its viral and catchy energy, potential for long-term growth, and the possibility of yielding life-changing profits. One candidate catches the attention: Little Pepe, a new meme-powered Layer 2 project that is gaining significant momentum. It currently has an extremely low listing price of $0.003, and if the passionate community, along with advanced technology and tier 1 exchange listings, delivers, this undervalued token could surge by an astonishing 27,000%.Little Pepe: A New Player Setting the PaceLittle…
More than 50 institutions, including major stablecoin issuers and crypto service providers, have received regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA) framework within the first six months of the regulation.On July 7, Circle executive Patrick Hansen shared new data from the European Securities and Markets Authority (ESMA), revealing that 53 entities have secured MiCA licenses just six months after the framework came into force.The licenses enable these firms to “passport” their services across 30 European Economic Area (EEA) countries without needing additional approval in each jurisdiction.According to him, the spate of licenses marks a significant milestone for…
A crypto hacker involved in a Coinbase exploit has sparked the crypto markets once again as they disposed of 26,347 ETH worth $68.18M in DAI within 12 hours. The rapid-fire series of transactions spanned several blocks and liquidated the ETH on average at a price of $2,587.77 per ETH. After this mass dump, the attacker is left with $45.36M in DAI in two wallets. Breaking Down the Transactions As indicated by real-time blockchain monitoring with Onchain Lens and Nansen.ai, the attacker did this huge dump through the CoW Protocol decentralized settlement solution. The latest transaction involved the hacker selling an…
The Russian Ministry of Energy has introduced a nationwide registry for Bitcoin mining equipment to enforce tax regulations and curb unauthorized activity.According to a report from RIA Novosti, the initiative is the result of a coordinated effort between the Ministry of Energy, the Federal Tax Service, and the Ministry of Digital Development.Authorities have begun distributing the registry to regions with significant mining activity. Its core aim is to identify operators consuming electricity for crypto mining and subject them to proper regulatory and tax oversight.Deputy Energy Minister Petr Konyushenko stated that the move is intended to formalize the industry while curbing…
Crypto Journalist Anas Hassan Crypto Journalist Anas Hassan About Author Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech. Share Last updated: July 7, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and…
Key takeaways BONK is the best performer among the top 50 cryptocurrencies by market cap. The memecoin could rally above $0.000032 if market conditions persist. BONK surges 10%, outperforms other memes BONK, the native token of the Bonk memecoin, is the best performer among the top 50 cryptocurrencies by market cap. The token added 10% to its value in the last 24 hours and now trades at $0.00002326 per coin. The token’s positive performance is primarily driven by the surge in activity on LetsBonk, a recently developed token launchpad. For months, Pump.fun dominated the Solana token launchpad space. However, the…
