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Pymnts

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Trump’s Crypto Summit Heavy on Victory Laps, Light on Regulation

  • President Donald Trump addressed the nation's first ever 'Crypto Summit' at the White House's State Dining Room.
  • Trump expressed his hopes for lawmakers to send crypto regulation to his desk before the August recess.
  • Crypto industry stakeholders expressed their gratitude for the opportunity to address the president, highlighting the industry's progress.
  • The summit focused on the U.S. becoming a leader in the digital asset space, with the establishment of a Presidential Working Group on Digital Asset Markets and the Strategic Bitcoin Reserve.

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Bitcoinsensus

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Trump Executive Orders for Bitcoin Reserve & Digital Asset Stockpile: Will G20 Follow America’s Leadership?

  • Trump has signed an executive order for Bitcoin reserve & digital asset stockpile without using taxpayer funds.
  • This unexpected move has not caused the market to rise in anticipation of massive purchases as expected.
  • The reserves will consist of the government's existing 200,000 BTC tokens and seized assets.
  • The digital asset stockpile will also not use taxpayer money and government agencies will seek alternative ways to acquire digital assets.

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Crypto-News-Flash

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XRP News: XRPL Enhances Onchain Finance with Permissioned Domains

  • XRPL is advancing infrastructure with permissioned domains that enable access control, allowing institutions to set KYC and AML-compliant rules for participation.
  • Credentials are verified without storing personal information on-chain, ensuring privacy while meeting regulatory requirements.
  • Permissioned Domains bring an access control feature to XRPL, allowing institutions to establish preconditions for user involvement in financial transactions.
  • Permissioned DEX, a new version of XRPL's decentralized exchange, will facilitate authorized trading, compliance with regulations, and limited access.

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Crypto-News-Flash

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XRP Rival XLM Could Explode 300%, Says Trader – Bitcoin Forecast Updated

  • Crypto analyst Ali Martinez identifies a bullish setup for Stellar (XLM) as a potential rival to Ripple's XRP.
  • A sustained break above the $0.42 resistance level could trigger a bull run for Stellar, with a potential 300% price increase to $1.60.
  • XRP's price action remains volatile, with multiple sell signals on the two-week chart indicating a potential shift in momentum.
  • Whales are accumulating XRP, suggesting institutional investors have long-term confidence in the asset despite short-term fluctuations.

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Cryptoticker

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XRP Price Prediction: Is XRP Gearing Up for a Massive Rally or Another Rejection?

  • XRP is in a critical consolidation phase after a recent rally towards $3.
  • Technical indicators are giving mixed signals, with a potential for a major breakout or a rejection.
  • Key support level to watch is around $2.48, while resistance is seen at $2.80-$3.00.
  • XRP's price action suggests the need for volume and market sentiment to determine its next move.

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TronWeekly

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XRP’s Next Big Move? Market Cycles Point to $9.7 and a Possible $27 Surge

  • XRP’s historical cycles suggest a potential surge to $9.7 and $27 if past trends repeat in the current market.
  • Traders should focus on key market cycles rather than speculation, using price levels to manage risk and profits.
  • Breaking resistance could fuel XRP’s rally, but failure to hold support may trigger pullbacks before another attempt.
  • XRP has become the center of attention for traders and investors as its price continues to fluctuate.

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TronWeekly

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U.S. Adopts Bitcoin as Reserve Asset, Stockpiles XRP and Altcoins

  • President Donald Trump signed an executive order making Bitcoin the sole U.S. strategic digital asset reserve.
  • The U.S. government holds 198,109 BTC ($17.33B) and aims to expand reserves without taxpayer burden.
  • A digital asset stockpile will include XRP, Ethereum, Solana, and Cardano, but no expansion planned.
  • The executive order also mandates a full audit of all government-owned digital assets within 30 days.

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Crypto-News-Flash

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XRP Ledger v2.4.0 Released with Major Updates—New Features & Fixes

  • The XRP Ledger v2.4.0 has been released with new features, bug fixes, and performance upgrades.
  • Key updates include the introduction of Dynamic NFTs (dNFTs) that allow NFT issuers to update the Uniform Resource Identifier (URI) after minting NFTs.
  • The update also includes amendments for freezing trust lines, stricter checks for transaction flags, governance improvements, and support for Multi-Purpose Tokens.
  • Bug fixes have been made to resolve data type conflicts, platform-specific issues, and build process inefficiencies.

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TechBullion

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Doge Uprising vs. XRP: A High-Risk, High-Reward Alternative?

  • Doge Uprising ($DUP) is gaining momentum in the crypto market as an insurgent meme coin.
  • Ripple's XRP is facing regulatory challenges and legal uncertainty.
  • XRP is perceived as safer, but Doge Uprising offers higher volatility and potential for big gains.
  • Doge Uprising is driven by a community of believers seeking to build their own system.

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Bitcoinsensus

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XRP Price Prediction: Pump or Dump Next?

  • XRP price is retracing after grabbing liquidity above key levels.
  • There is more liquidity resting below and above, near the second marked supply zone.
  • Two possible scenarios could play out: Bullish Fakeout Before the Drop or Immediate Drop.
  • The market is unpredictable, so traders should closely monitor liquidity grabs and adjust their trading strategies accordingly.

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Newsbtc

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XRP Faces Make-Or-Break Moment Amid Bearish Threat

  • XRP is at a crucial point, balancing between bullish momentum and the potential for a major reversal pattern.
  • A possible Head and Shoulders formation suggests a bearish reversal, but a sustained break above $2.85 would invalidate this pattern.
  • The price hovers near key Ichimoku levels, reflecting positive momentum, while the Head and Shoulders formation remains a key signal for a bearish breakdown.
  • The broader sentiment depends on XRP breaking above $2.85 to maintain bullish momentum and prevent a deeper reversal.

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Newsbtc

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XRP Price Slips, But Buyers Hold Ground—Is a Rebound Coming?

  • XRP price started a decent upward move from the $2.20 support zone.
  • The price is now trading below $2.50 and the 100-hourly Simple Moving Average.
  • A clear move above the $2.640 resistance might send the price toward the $2.720 resistance.
  • If XRP fails to clear the $2.5350 resistance zone, it could start another decline.

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Cryptonews

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Solana Co-Founder Sceptical of Trump’s National Crypto Reserve Plan, Cites Risks to Decentralisation

  • Solana co-founder Anatoly Yakovenko criticised the creation of a potential Strategic Reserve, questioning the impact on decentralisation.
  • Yakovenko suggested that Reserves be held by States and assets have clear criteria for inclusion.
  • Journalist Laura Shin claimed that XRP may have lobbied for Solana’s inclusion in the stockpile.
  • Solana Co-Founder Sceptical of Trump’s National Crypto Reserve Plan, Cites Risks to Decentralisation

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Newsbtc

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XRP Price Ready To Bounce Back Above $3 If Bulls Can Hold This Level

  • The XRP price is getting ready to surge to new highs as bulls attempt to hold a critical resistance level.
  • A TradingView analyst predicts a surge toward $3.3 for XRP if it can break above its descending resistance.
  • XRP is currently holding above a critical support zone at $2.3 to $2.2, and if maintained, it could see a major recovery back to previous highs.
  • An expert sets an ambitious target of $30 for XRP, although it is met with skepticism from some community members.

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