The World prediction market, which launched on Solana (SOL) barely a week ago, said it will move to Robinhood Chain. The team offered no clear reason for leaving so soon after its debut.

The switch reverses a story from days earlier, when World was Solana’s homegrown answer to Polymarket and Kalshi. Now it is tying its future to a mainstream broker’s network.

A Fast Rise for the World Prediction Market

Prediction markets let people bet real money on the outcome of real events, from elections to football matches. World arrived in that fast-growing space with real hype.

The project built attention with a stealth campaign, teasing a glowing globe and the line “Trade Everything” before any product. It then went live inside Phantom on July 1, a wallet with more than 15 million monthly users.

World never holds user money. It settles bets automatically using Chainlink data and pays winners in a stablecoin called CASH.

That hands-off payout set it apart from Polymarket and Kalshi, where users often have to claim their winnings themselves.

The Solana Foundation itself championed the launch. Its head of consumer, Pedro Miranda, called prediction markets a showcase for what the network can do.

The app opened with short-term Bitcoin (BTC) price bets and 2026 FIFA World Cup markets. It also pushed out Kalshi inside Phantom, which had run the wallet’s markets since December 2025.

Its debut landed as the value of open bets across prediction markets hit a record $1.48 billion in June. That figure comes from a16z crypto.

Solana Out of the Prediction Market Race?

World framed the move as a considered choice. In its announcement, the team thanked the Solana Foundation and community but did not explain its thinking.

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Notably, the team pointed to no technical fault with Solana, which offered low fees, fast trades, and support for Phantom’s users. That silence is why the move looks like a business decision rather than a fix.

The clearest pull is reach. Robinhood Chain launched on July 1 as its own blockchain for tokenized stocks and on-chain finance, built on Arbitrum technology.

Its parent serves nearly 28 million customers across 38 countries, most of them mainstream investors rather than crypto users.

Robinhood also has its own stake in the category. Prediction markets have been its fastest-growing product line by revenue, the company says.

“Robinhood is seeing strong customer demand for prediction markets, and we’re excited to build on that momentum,” said JB Mackenzie, VP and General Manager of Futures and International at Robinhood. “Our investment in infrastructure will position us to deliver an even better experience and more innovative products for customers.”

In its first year, more than 1 million customers traded over 9 billion contracts. Robinhood is now building a CFTC-licensed exchange with market maker Susquehanna.

Continuity helps too. Chainlink, which powers World’s payouts, already works with Robinhood Chain, so its setup can follow along. Such moves often come with grants or funding, though World has confirmed none.

Traders Question the Motive

Not everyone bought the friendly framing. Some users accused World of using Solana for launch-week attention, then leaving once the hype paid off.

Those claims stay unverified, and World has framed the change as a migration, not a shutdown.

Because the protocol never holds user funds, a shutdown alone would not lock up deposits. Still, the doubts flag a real risk for anyone holding open bets.

Still, others see the move as proof of Robinhood’s growing pull, given that a project backed by the Solana Foundation would jump ship so quickly.

The market has rewarded that expansion, with Robinhood’s stock recovering after a notable drawdown earlier in the session.

World Cup betting shows how much money now moves through the prediction market sector. One Polymarket trader lost $11.6 million on those markets in early July.

For now, key details stay thin, including how open bets move and when trading opens on the new chain. Whether the Robinhood bet pays off will hinge on the volume revealed in the coming weeks.

The post The Hottest Prediction Market in Crypto Just Left Solana, But Why? appeared first on BeInCrypto.

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American Bitcoin Corp. has surpassed 8,000 BTC, worth $502 million at current prices. Eric Trump announced the milestone on X, saying the crypto company will keep stacking Bitcoin. That stash now places American Bitcoin among the world’s largest corporate holders, moving ahead of several well-known crypto firms.

Corporate buyers keep scooping up coins even as traders wait for Bitcoin to pick a direction. Wall Street may love earnings season, but Bitcoin seems more interested in balance sheets.

The Trump family’s linked company’s strategy stands out because it mines Bitcoin while steadily adding to its treasury. It also reported a 52% mining margin in the first quarter and maintained lean operating costs. While many public miners sold Bitcoin after the halving to cover expenses, American Bitcoin kept filling the vault instead.

Still, buying headlines alone does not guarantee higher prices. Bitcoin has struggled to build momentum, leaving traders caught between steady corporate demand and cautious market sentiment. For now, accumulation offers support, but the chart still needs to prove it can carry the next leg higher.

Discover: The Best Token Presales

Can Bitcoin Price Break $65,000 with the Help of Trump, The Crypto President?

Bitcoin has settled into a tighter range, trading between roughly $62,800 and $63,200 over the past day. Its market value stands near $1.26 trillion, with just over 20 million BTC in circulation. For now, traders seem happy to watch instead of chase. Even Bitcoin deserves a coffee break sometimes.

The bigger picture still favors caution after Bitcoin confirmed a breakdown from its multi month symmetrical triangle. Price briefly slipped below $60,000 before snapping back, triggering heavy liquidations that mostly wiped out leveraged longs. That flush cleared out crowded positions, but it did not erase the technical damage.

Now, the $60,000 to $61,000 area remains the first line of defense. Meanwhile, the mid $60,000 region has flipped into resistance after acting as support for weeks. Buyers have shown up where it matters, yet they still need enough momentum to push through overhead selling.

Bitcoin (BTC)

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Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit

If Bitcoin climbs back above $65,000 with strong volume, short covering could fuel another rally. Otherwise, a sideways stretch between $61,000 and $65,000 remains the most likely path. However, a weekly close below $60,000 would strengthen the bearish case and shift attention toward the $57,000 to $58,000 zone.

Mining difficulty fell by about 10% in early June, marking its second notable drop this year. At the same time, traders continue watching large institutional wallet movements, including a transfer of about 2,700 BTC linked to BlackRock. Those flows may offer clues, but price still gets the final vote. Still, Trump and his influence on crypto could pump Bitcoin at any second.

Discover: The Best Crypto to Diversify Your Portfolio

Bitcoin Hyper Eyes Early-Stage Entry While BTC Works Through Resistance

Traders positioned in spot BTC near $63,000 are looking at a ceiling, not a clear runway. The triangle breakdown means any push toward previous highs above $120,000 requires a full technical reset first, and that takes time. That gap between the current price structure and upside potential is exactly where early-stage infrastructure plays tend to attract attention.

Bitcoin Hyper ($HYPER) is positioning as the first Bitcoin Layer 2 with Solana Virtual Machine integration with sub-Solana latency on top of Bitcoin’s security layer. The presale has raised $33 million at a current price of $0.0136, with staking already live.

Bitcoin (BTC)

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The core pitch: Bitcoin’s programmability problem gets solved without abandoning Bitcoin’s trust model. Decentralized canonical bridge for BTC transfers, high-speed smart contract execution, and low fees.

For readers who want to dig into the mechanics, the full breakdown is available at the Bitcoin Hyper presale page.

The post Eric Trump Doubles Down on Crypto as American Bitcoin Amasses 8,000 BTC appeared first on Cryptonews.

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Bank of England Governor Andrew Bailey has reportedly denied that lobbying efforts by Nigel Farage influenced the central bank’s approach to a potential central bank digital currency (CBDC), saying policy decisions were made independently.

According to a Wednesday report by The Guardian, which obtained a letter written by Bailey, the governor said the BoE is “able to spot” attempts to influence its policymaking. The letter followed a meeting with Farage, during which the two discussed several issues, including cryptocurrencies.

“Following our meeting, Mr. Farage spoke with the press outlining that we had discussed a range of topics, including cryptocurrencies,” Bailey reportedly wrote in the letter. “I am happy to confirm that no policy changes have taken place as a result of interventions by Mr. Farage.”

Farage, the leader of the UK’s Reform Party and one of the most prominent supporters of Brexit, resigned his parliamentary seat this week amid reports that he accepted “gifts” from individuals with ties to the crypto industry. He has been an outspoken critic of CBDCs, saying he would “rather go to prison” than live under what he described as a system of financial surveillance.

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Despite his resignation, Farage maintained his innocence, stating in an X livestream that he has “not broken the law in any way at all.”

Source: Nigel Farage

Amid the investigations involving Farage, The Guardian also reported Wednesday that the UK’s National Crime Agency is investigating several transactions involving other senior Reform UK figures over suspected money laundering.

Related: Nigel Farage accepted gifts from crypto-linked fraudster: Report

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BoE presses ahead with digital pound research

The Bank of England continues to explore a potential central bank digital currency, the proposed “digital pound,” which remains in the design phase as policymakers assess its role in an increasingly digital economy.

“No decision has been made on whether to introduce a digital pound,” the central bank said in a recent update, emphasizing that any launch would require further analysis and public consultation.

Earlier this year, the Bank launched a six-month pilot to explore how tokenized assets could be settled using central bank money. The project, involving 18 companies, is part of the central bank’s broader effort to modernize the UK’s financial infrastructure.

Related: The 5 types of real world assets being tokenized fastest onchain

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StarkWare CEO Eli Ben-Sasson, a founding scientist of the privacy coin Zcash, challenged Bitcoin’s 21 million cap this week. He argued that lost private keys will steadily shrink the usable supply and proposed a 4% annual issuance limit instead.

The pushback was immediate, since Bitcoin supporters treat the fixed supply as the network’s founding promise. Zcash creator Zooko Wilcox answered with a rival design that keeps hard caps intact.

Why Ben-Sasson Says Bitcoin’s 21 Million Cap Fails

Ben-Sasson helped invent the STARK proof system now used across crypto and co-authored Zerocash, the 2014 design behind Zcash. His critique starts from the numbers on lost coins.

Chainalysis estimated that 2.78 million to 3.79 million BTC were already unrecoverable by 2017. The figure assumes Satoshi Nakamoto’s untouched coins are gone for good. Courts are still weighing dormant Bitcoin wallet claims worth $235 billion.

“Capping the supply of Bitcoin at 21M doesn’t make sense… In fact, as time goes to infinity, all keys will be lost. I strongly support a clear monetary policy with an absolute upper bound on the # of Bitcoins in the future,” he suggested.

He set the ceiling at 4% a year, roughly matching population growth. A steady flow of new coins would also keep paying miners after 2140, when Bitcoin stops minting rewards. Roughly 95.5% of all Bitcoin already exists.

Meanwhile, transaction fees near 2019 lows sharpen that concern, echoing earlier Bitcoin security budget warnings.

Zcash Answers With Burns and Formal Proofs

Wilcox pointed Ben-Sasson to Shielded Labs’ Network Sustainability Mechanism. Holders can voluntarily destroy their own coins, which the network later re-creates as miner rewards. Zcash’s own 21 million cap stays intact.

The numbers explain Ben-Sasson’s doubts. The mechanism proposes burning 60% of transaction fees, about 210 ZEC per year. He argued that sums that small cannot fund miners meaningfully, repeating that capping inflation beats capping supply.

Precedent cuts both ways here. Monero took the other path in 2022, adding a small permanent reward of 0.6 XMR per block. However, Bitcoin developers have repeatedly rejected similar ideas.

The Zcash camp is also attacking the opposite risk, secret inflation. Sean Bowe, the cryptographer behind Zcash’s major privacy upgrades, is building that proof under Tachyon. He said the work is close to showing that no hidden bug can secretly create coins in the new Ironwood pool.

Bitcoin advocates remain unmoved, echoing Michael Saylor’s argument that the network wins by refusing to change.

The proposal has almost no path to activation, yet it revives a question Bitcoin must eventually answer. Can transaction fees alone secure the network once the last rewards disappear?

The post Zcash Founding Scientist Challenges Bitcoin’s 21 Million Cap appeared first on BeInCrypto.

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Stablecoin-settled perpetual contracts tied to traditional financial assets topped $1.1 trillion in trading volume during the first half of 2026, according to Binance Research, underscoring the growing role of stablecoins in tokenized financial markets.

According to Binance Research, stablecoins are increasingly being used to settle TradFi-linked perpetual contracts, a market that’s grown to roughly 11% of all crypto perpetual trading volume in the first five months of 2026.

TradFi perpetual volume and Binance market share. Source: Binance Research

Beyond derivatives trading, Binance Research said stablecoins are increasingly being used as long-term stores of value rather than temporary trading assets. It found that 30% of Binance exchange users now hold more than half of their portfolios in stablecoins, up from 4% in 2020.

Related: French banking giant Crédit Agricole launches EURXT euro stablecoin

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The global stablecoin market cap has grown to roughly $311 billion, up from about $254 billion a year ago, according to DefiLlama data. Transaction activity has kept pace with market growth. Visa’s Allium-powered stablecoin dashboard showed adjusted stablecoin volume reached a record $1.79 trillion in June, surpassing the previous high set in February.

Latin America emerges as key stablecoin market

Beyond trading and savings, Binance Research also said stablecoins are gaining traction for cross-border payments, particularly in Latin America, where adoption has accelerated over the past 12 months.

The region’s share of Binance stablecoin transfer users more than doubled to 38% in 2026 from 17% in 2025, according to the report, which attributed the increase to growing demand for faster and lower-cost international transfers.

Stablecoin transfers. Source: Binance Research

The findings align with broader regional trends. A report from Mexico City-based crypto exchange Bitso found that US dollar-pegged stablecoins accounted for 40% of crypto asset purchases on its platform in 2025, besting Bitcoin’s 18% share for the first time.

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The growing adoption has created a sizable market opportunity. In May, former Bybit executive Claudia Wang estimated that remittance corridors outside the US-to-Mexico market represent a $112 billion opportunity for stablecoin issuers.

Traditional remittance providers have taken notice. In May, Western Union launched its USDPT stablecoin on the Solana network for cross-border payments, followed by rival MoneyGram’s June launch of its MGUSD stablecoin on Stellar, expanding blockchain-based international transfers through its consumer app.

Magazine: AI is banking the unbanked in Africa… faster than crypto

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The Bitcoin Standard Treasury Company (BSTR), founded by Blockstream CEO Adam Back, wants to change the terms of its merger agreement with Cantor Equity Partners for a public offering.

According to a Wednesday announcement, BSTR and Cantor Equity Partners I, the special purpose acquisition company (SPAC) created by financial services giant Cantor Fitzgerald, scrapped the original terms of a 2025 merger agreement and will negotiate a new deal. Although the details were not included in the announcement, both companies said that they intended to negotiate terms that “better reflected market conditions.”

Source: BSTR

A shareholder meeting scheduled for Friday intended to address the SPAC merger and a public offering was postponed indefinitely. The companies said that they would “provide further details in due course.”

BSTR’s initial deal included contributing more than 30,000 Bitcoin (BTC) and $1.5 billion in PIPE (Private Investment in Public Equity) financing. The US Securities and Exchange Commission (SEC) recognized the registration statement for the agreement in June, with many expecting the public offering soon to follow.

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Related: Capital B raises $1.3M from Adam Back for Bitcoin strategy

According to a February report from Institutional Investor, Cantor was giving itself “a lot of wiggle room” in SPAC deals, no longer keeping its sole focus on Bitcoin treasury companies like BSTR and Twenty One Capital, which completed a $3.6 billion merger deal with Cantor in 2025.

“A Bitcoin treasury SPAC doesn’t look so good now,” said SPACInsider founder and CEO Kristi Marvin, according to Institutional Investor. “Six months from now, I don’t know — maybe.”

Securitize went public with Cantor SPAC last week

The news of the BSTR-Cantor merger potentially falling apart followed tokenization company Securitize making its debut on the New York Stock Exchange (NYSE) after a similar SPAC deal with a Cantor entity.

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Securitize, which has $4 billion in assets under management, got approval for a SPAC deal with Cantor Equity Partners II from the SEC in June and began trading on the New York Stock Exchange a week after shareholders signed off. The shares, trading under the ticker SECZ, fell to $7.42 apiece on Wednesday, about 40% below its July 2 closing price of $12.30.

Magazine: Has Strategy’s capital overhaul put an end to ‘death spiral’ fears?

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• Cardano (ADA) remains above 10% higher despite a 24-hour pullback.
• Hoskinson says Ethereum is adopting eUTXO-inspired ideas.
• Focus is on the $0.20 resistance level.

Cardano is drawing renewed attention after a week of strong gains, even as the token pulled back to around $0.17.

The latest price movement comes alongside fresh debate over blockchain architecture after Cardano founder Charles Hoskinson claimed that Ethereum is beginning to adopt ideas that Cardano has championed for years through its Extended Unspent Transaction Output (eUTXO) model.

At the time of writing, ADA was trading at $0.1674, down 6.6% over the past 24 hours.

Despite the daily decline, the cryptocurrency remained 10.2% higher over the previous seven days and 12.8% higher over the last two weeks, showing that bulls have retained much of the momentum built during the recent rally.

The recent retreat has placed the spotlight on whether the token can defend the $0.17 area before attempting another move toward the next major resistance level at $0.20.

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Hoskinson reignites the Cardano-Ethereum debate

The latest discussion began after Ethereum researcher Toni Wahrstätter introduced EIP-8141, also known as Frame Transactions, as part of Ethereum’s broader efforts to improve scalability and reduce long-term state growth.

The proposal explores introducing UTXO-inspired transaction mechanics for simple transfers.

According to the proposal, this approach could reduce Ethereum’s permanent state footprint for payment-related transactions by approximately 99.8%, while remaining compatible with the network’s broader roadmap.

Hoskinson responded by arguing that Cardano has already implemented similar concepts through its eUTXO accounting model.

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He suggested that Ethereum is now recognising the benefits of an architecture that Cardano adopted years ago.

The Cardano founder also made headlines with his remark that “it’s literally a crime in the Ethereum inner circles to mention Cardano,” suggesting that Ethereum developers have been reluctant to acknowledge Cardano’s earlier work despite exploring comparable ideas.

It’s not like I’ve been literally working on this topic for over 10 years of my life and launched a cryptocurrency that was number three on coinmarketcap with millions of users to deploy it. It’s literally a crime in the Ethereum inner circles to mention Cardano. EUTXO is the… https://t.co/3F3l6cg0JE

— Charles Hoskinson (@IOHK_Charles) July 7, 2026

ADA price holds key support as traders watch $0.20

From a technical perspective, ADA’s recent pullback has not erased the gains recorded over the past week.

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Instead, focus is now on whether the cryptocurrency can continue holding support around $0.144.

The current price sits close to the lower end of the latest 24-hour trading range after the 6.6% daily decline.

However, the weekly performance remains positive, with ADA still posting a double-digit gain over the previous seven days.

The next major level attracting attention is $0.193, and a move above that level would place the focus on $0.23, another resistance area that traders have identified following the recent recovery.

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Cardano continues preparing for its next network milestone

The latest market discussion also comes as the Cardano network continues infrastructure improvements ahead of its next major protocol upgrade.

Developers recently released Cardano Node 9.0.1, a recommended update for mainnet validators designed to address issues related to the network’s bootstrap process and script execution.

Rather than introducing new user-facing features, the release focuses on improving stability before the ecosystem moves toward its next hard fork.

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The SEC has formally placed three crypto rulemaking items on its 2026 regulatory agenda, according to the Agency Rule List, covering the offer and sale of crypto assets, broker-dealer financial responsibility rules, and Exchange Act amendments for crypto trading on alternative venues.

The moves signal a Commission that is building a structured exemptive regime in parallel with Congress, rather than waiting for legislation to force its hand.

That distinction matters. The CLARITY Act remains unsigned as of early July. The SEC’s decision to queue its own rulemakings now, compresses the timeline for market participants who assumed the regulatory overhaul would arrive via statute first.

Three Items, Three Distinct Market Implications

The first item addresses how crypto assets are offered and sold, and explicitly contemplates certain exemptions and safe harbor provisions. The SEC has already proposed an innovation exemption allowing firms to issue and trade tokenized securities, specifically tokenized U.S. stocks, and that guidance is likely to fall under this rulemaking bucket.

Chair Paul Atkins has framed the broader agenda as embracing innovation, bringing more products onshore, and providing clarity regarding tokenized securities.

For token issuers currently navigating registration ambiguity, a codified safe harbor is the most commercially significant item on the agenda.

It determines whether a project can sell tokens to U.S. retail participants at all, and under what disclosure conditions. The specifics, thresholds, timelines, and the definition of sufficiently decentralized governance remain unresolved, which is precisely why the rulemaking notice is consequential.

The second item targets broker-dealer financial responsibility rules: specifically, Rules 15c3-1 (net capital), 15c3-3 (customer protection), 17a-3, and 17a-4 (books and records), with amendments proposed to address how these apply to crypto assets.

The SEC had previously outlined conditions allowing certain DeFi platforms to operate without registering as broker-dealers. The coming rulemaking could codify those conditions or tighten them, a distinction that will determine whether front-end interface providers and aggregators face full registration burdens or a narrower compliance path.

The third item is a set of Exchange Act amendments covering crypto trading on ATSs and national securities exchanges. This is the market structure piece, the rules governing how venues operate, what disclosures they owe, and how order flow in crypto-asset securities is treated relative to traditional equities.

An ATS operating in crypto currently sits in a compliance gray zone; amended Exchange Act rules would clarify whether existing ATS registration frameworks apply as-is or require a parallel crypto-specific track.

Atkins’ Framing and the Political Context

Chair Atkins, according to the primary source, highlighted the Commission’s effort to embrace innovation, bring more products onshore, create clear rules for capital raising within the crypto ecosystem, and provide clarity regarding tokenized securities, framing all three items as part of delivering on President Trump’s goal to make the U.S. the world’s crypto capital.

That framing is politically deliberate: it ties the SEC’s rulemaking pace directly to an executive mandate, which insulates the agenda from internal resistance and signals to institutional market participants that the direction is durable.

President Trump, at the official kickoff of Trump accounts, stated he was a big fan of crypto and suggested Bitcoin could eventually be included in those accounts.

The political tailwind behind the crypto regulation overhaul is not ambiguous, but political will and regulatory execution are separate variables, and the SEC’s agenda items are proposals, not final rules.

The post SEC’s 2026 Crypto Rulemaking Plan: Safe Harbors, Broker-Dealer Rules and ATS Amendments appeared first on Cryptonews.

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Ethereum has been trying to recover from its early June sell-off, but the rebound is getting rejected from a technically significant resistance area. While short-term momentum still remains constructive, both the daily structure and the Coinbase Premium Index suggest buyers still have work to do before confirming a broader trend reversal.

Ethereum Price Analysis: The Daily Chart

The daily chart shows ETH trading around $1.74K after bouncing from the major demand zone at $1.5K. That area once again attracted buyers and produced a sharp recovery, allowing the asset to attack the $1.85K region once more.

Despite the rebound, Ethereum remains below the long-term descending trendline that has capped it since last year. The recovery has also stalled beneath the resistance at $1.85K, which almost aligns with the trendline and represents the first major barrier buyers must overcome.

Adding to the bearish higher-timeframe picture, the price continues to trade below both the 100-day and 200-day moving averages, with the 200-day MA positioned considerably higher near the $2.2K area. This indicates that the broader trend remains bearish despite the recent recovery.

A decisive daily close above the $1.85K resistance could trigger a move toward the next supply zone around $2K to $2.2K, where the moving averages are also located. Until then, the current advance appears to be a recovery within a larger downtrend rather than a confirmed trend reversal. On the downside, losing the $1.5K support would expose the market to a much deeper decline and an overextension of the bearish trend.

ETH/USDT 4-Hour Chart

The 4-hour chart highlights improving short-term market structure following the strong impulsive rally from the $1.5K region. ETH successfully reclaimed the previous short-term highs around $1.6K, which now acts as bullish order block support following the breakout.

The latest price action shows Ethereum consolidating below the $1.85K resistance zone after failing to extend higher. Recent candles indicate mild profit-taking, while the RSI has cooled from overbought conditions and has fallen back toward the midline, suggesting bullish momentum has weakened in the short term without completely disappearing.

As long as the price holds above the $1.65K order block, the current pullback appears to be a healthy correction within the ongoing recovery. A successful breakout above $1.85K would likely open the path toward the psychological $2K region.

However, failure to defend $1.65K could shift momentum back in favor of sellers and increase the likelihood of another test of the $1.5K support area.

Sentiment Analysis

The Coinbase Premium Index continues to provide a cautious backdrop. The indicator remains below the neutral zero line, with the latest reading around -0.07, indicating that ETH is still trading at a discount on Coinbase relative to other major exchanges.

Historically, sustained positive readings have reflected stronger buying activity from U.S.-based institutional participants. In contrast, the current negative premium suggests institutional demand remains relatively subdued despite Ethereum’s recent rebound.

The chart also shows repeated failed attempts to establish a lasting positive premium throughout recent months, implying that rallies have generally lacked consistent institutional accumulation. While the latest recovery in the index hints at improving sentiment, it has yet to reclaim positive territory, making it difficult to argue that large U.S. buyers have returned in force.

For the broader recovery to gain greater conviction, a breakout above the $1.85K resistance accompanied by the Coinbase Premium Index moving back into positive territory would provide stronger confirmation that institutional demand is beginning to support the advance. Until then, Ethereum’s recovery appears constructive but remains technically vulnerable to renewed selling pressure.

The post Ethereum Price Analysis: Fresh Pullback Pushes ETH Further From $2K appeared first on CryptoPotato.

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XRP remains under pressure across both the USDT and BTC pairs, with sellers continuing to control the broader trend despite several short-lived recovery attempts. While the USDT chart shows buyers defending an important support area, the XRP/BTC pair continues to trade near multi-month lows, highlighting the token’s persistent relative weakness against the market leader.

Ripple Price Analysis: The USDT Pair

On the daily timeframe, XRP continues to trade inside a well-defined descending channel, keeping the broader market structure firmly bearish. It remains below the 100-day and 200-day moving averages, both of which are sloping lower and acting as dynamic resistance above $1.25. This alignment suggests that momentum still favors sellers unless a meaningful trend reversal develops.

After losing the $1.25 level in early June, XRP found demand around the critical $1 region, where buyers have repeatedly stepped in to prevent further downside. This zone has now become the most important support to monitor. As long as it holds, the market could continue forming a short-term base.

On the upside, the first major resistance sits around $1.25. As mentioned earlier, this area also coincides with the descending 100-day moving average and the higher boundary of the channel, making it a significant hurdle for any sustained recovery. A successful breakout above this region would expose the 200-day moving average around $1.45, while losing the $1 support could accelerate another leg lower toward the channel’s lower trendline around $0.80.

Meanwhile, the RSI has been making higher lows despite the price making lower lows near $1, creating a developing bullish divergence. Although this does not confirm a reversal on its own, it suggests that bearish momentum might be exhausted and that buyers could attempt another recovery if resistance levels begin to weaken.

The BTC Pair

Against Bitcoin, XRP continues to paint a weaker technical picture. Again, the pair remains below both major moving averages, which continue to trend lower and reinforce the long-term bearish structure.

After several weeks of sideways trading, XRPBTC is once again testing the key horizontal support around 1,700 sats. This level has acted as the floor for the recent consolidation, and another breakdown attempt is now underway. A confirmed daily close below 1,700 sats would likely invalidate the current range and increase the probability of an extension toward the next major demand zone around 1,450 to 1,500 sats.

To regain bullish momentum, buyers first need to reclaim the 1,850 sats resistance area, which also aligns closely with the declining 100-day moving average. Until then, every rally continues to appear corrective within the broader downtrend, which could lead to more depreciation for XRP against Bitcoin.

The post Ripple Price Analysis: The Critical Level XRP Must Defend to Avoid Another Breakdown appeared first on CryptoPotato.

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