On Tuesday (July 2), at 8:30 p.m., Fed Chairman Jerome Powell will give a speech. As usual, this will be notable news as it partly reflects the Fed's comments and stance on interest rate policy in the near future.
Wednesday (July 3), at 7:30 p.m. will be the Unemployment Benefit Requests data. If the published data is higher than expected, it will be considered negative news for the USD and vice versa.
On Friday (July 5), at 7:30 p.m., there will be non-agricultural payroll news. If actual figures are higher than forecasts, it will be considered positive for the USD and vice versa.
List of 11 cryptocurrencies included in the risk category by Binance
Recently, Binance has put the following 11 cryptocurrencies in the Monitoring Tag risk category. Investors who are trading these currencies should take note. List of cryptocurrencies listed as risky by Binance: Balancer (BAL) Cortex (CTXC) PowerPool (CVP) Convex Finance (CVX) Dock (DOCK) Kava Lend (HARD) IRISnet (IRIS) MovieBloc (MBL) Polka starter (POLS) Status (SNT) Sun (SUN) Tokens in the “Risk Monitoring Tag” are highly volatile tokens and have significantly higher risk than other listed tokens on the exchange. Tokens in this category will be monitored more closely, and Binance will have regular reviews of these tokens.
XRP price recovered again The XRP price remained stable above the $0.4620 support level and recently started a decent bullish move like Bitcoin and Ethereum. The bulls were able to push the price above $0.470 to push the price into the short-term bullish zone. There was a breakout above a key narrowing triangle with resistance at $0.4735 on the hourly chart of the XRP/USD pair. The pair even cleared the 0.4750 resistance area and the 100 Hourly Simple Moving Average. A high was formed at $0.4796 and the price is currently consolidating losses.
Ripple (XRP) Price Prediction: Whales Will Stop the Price Drop
The price of Ripple (XRP) has continuously disappointed investors, with the altcoin recording a decline since the beginning of the month. Moving forward, this crypto asset could experience a period of consolidation as investors give mixed signals. Ripple Investors Seem to Be Hesitating XRP price is recording mixed signs as whales attempt to kickstart a recovery while retail investors continue to retreat. Addresses holding between 1 million and 10 million XRP have purchased over 100 million XRP in the past 48 hours.
Notcoin, the popular Telegram game, burned $3 million worth of NOT tokens in a strategic move to increase scarcity and value. This initiative aims to reward active users and strengthen the economic environment of the Notcoin community. To increase the value of the remaining tokens, Not is burning unclaimed tokens and reducing the circulating supply. Along with the burn, Notcoin will distribute 5 million USD worth of tokens as bonuses to loyal community members, especially those operating at Gold and Platinum levels in Notcoin Explore.
XRP price recently showed small signs of recovery in a market still dominated by bearish bias, briefly rising to a 24-hour high of $0.48 after falling to $0.46 yesterday. At the time of writing, XRP price stood at $0.4738, marking a modest increase of 0.3% over the past day. This slight increase comes amid a general market downturn, showing XRP's resilience in a volatile environment.
Shiba Inu whales and PEPE deposit 1.8 trillion tokens into Binance
$PEPE The Shiba Inu and PEPE whales have begun to move in a market that is currently shaken with uncertainty. This time, these prominent investors are sending large amounts of tokens to centralized exchanges like Binance, suggesting that they may be considering dumping meme coins. Such a move would put undue pressure on both Shiba Inu and PEPE prices at a time when they are struggling to find their footing.
Shiba Inu (SHIB) has seen a major price correction over the past few days. Some AI (artificial intelligence) powered platforms predict this asset will soon regain growth momentum. According to PricePredictions, SHIB price could rise to $0.000029 by June 30, 2024. Reaching $0.000029 from current levels would require an increase of about 65.8%. Analysts at CoinCodex predict SHIB to reach $0.00003238 by June 30, 2024. Reaching $0.00003238 from current levels would require an increase of more than 85%.
Discover the leading Web3 wallet of the decentralized Internet era
Cryptocurrency wallet Explore the world of Web 3.0 with our comprehensive guide to the top web 3.0 wallets. Answering what web 3.0 wallets are, their uses, main features and how to create a wallet. Find out the future of internet trading today. Web 3.0 or web3 promises to bring a new way of creating and consuming content on the internet and you must have seen this term used in some circles. The decentralized web, powered by blockchain technology and cryptocurrencies, offers greater transparency, privacy, security, and unique monetization opportunities. To enter the world of web3, start with a web3 wallet.
It goes without saying that the dispute between the U.S. Securities and Exchange Commission and Ripple Labs over whether XRP should be considered a security is one that will likely have consequences for the entire industry. The case has been going on for many years and is currently in the trial phase. Below are the most important developments to date. Trouble at the SEC? As recently reported, the Director of the Commission's Electronics and Cryptoassets Unit – David Hirsh – recently resigned.
Bitcoin prepares for a strong recovery with news of Stablecoin, NFT, DOGE, SHIB
$DOGE $SHIB From the opinion that Bitcoin's recovery could happen soon to the Shiba Inu is about to reach an important reversal point. Here are some outstanding news in the crypto market. Bitcoin News Analyst Willy Woo recently explained what needs to happen for Bitcoin to continue its bull run. This leading asset has been in decline for some time and has not seen any growth since reaching its current ATH of $73,750 in March this year.
One analyst has predicted that crypto payments company Ripple could be a highly valuable company
One analyst has predicted crypto payments company Ripple could be the next most valuable company, similar to Amazon and Facebook. This prediction comes as XRP has underperformed amid market volatility and the Ripple – US Securities and Exchange Commission (SEC) lawsuit remains unresolved. Analyst predicts Ripple will be a billion-dollar startup YouTube host AllinCrypto has released a new video, highlighting Ripple's future prospects and its ability to become a billion-dollar company. The analyst expressed his belief that the United States will view Ripple as a “unicorn company” similar to e-commerce and technology giants such as Amazon, Apple, Facebook, Microsoft.
Pepe Unchained caused a stir by becoming the world's first Layer 2 meme coin
$PEPE Pepe Unchained causes fever by becoming the world's first Layer 2 meme coin - Is this a challenge for Pepe? Pepe Unchained ($PEPU) has created a new meme coin “fever”. Not just a regular meme coin, Pepe Unchained is also the world's first Layer 2 meme coin, aiming to bring a breakthrough ecosystem for meme coins. Going beyond conventional meme coin models, this token brings improvements such as reducing costs and transaction times, providing better trading experiences.
The world's leading exchange Binance has announced support for the Metal DAO (MTL) mainnet transition in the near future.
The Binance exchange has announced support for the Metal DAO (MTL) mainnet transition in the near future. To facilitate this transition, all deposits and withdrawals of the old MTL token will be suspended starting 09:00 June 24, 2024 (UTC).
Additionally, spot trading, margin trading, futures trading, and Binance Earn services will not be affected during the mainnet transition. Binance will manage all technical requirements of the token conversion process on behalf of users.
This event will swap all old MTL tokens into new MTL tokens at a 1:1 ratio. After the swap, deposits and withdrawals of old MTL tokens will no longer be supported.
Once the swap is complete, Binance will publish a separate notice to users regarding when new MTL tokens can be deposited and withdrawn. Users can refer to the project team's official channels for more details.
This mainnet swap is a significant upgrade for Metal DAO, and Binance's support ensures a smooth transition for all users involved
A cryptocurrency analyst has predicted that crypto payments firm Ripple could be the next most valuable company, similar to Amazon and Facebook. This prediction comes as XRP sees poor performance amid market volatility and Ripple's ongoing court battle with the US Securities and Exchange Commission (SEC). Analyst predicts Ripple emerges as a billion-dollar startup
Bitcoin (BTC) has many months left to consolidate if the initial bullish market behavior repeats. In his latest market commentary, renowned analyst Rekt Capital has made new comparisons between BTC price action this year and 2023. BTC price forms “similar range” in 2023 While Bitcoin has been tightly range-bound since the latest halving in April, investors should not be worried by the move, Rekt Capital said.
Ethereum is set to rally as regulatory concerns ease
Ethereum has seen a recent downturn, however the analyst believes that ETH is set to surge further and has the potential to reach $6,600. The price of Ethereum (ETH) has plummeted from a weekly high of over $3,600 to $3,374, but analysts believe the bearish period may be coming to an end following recent regulatory developments. Popular crypto analyst, CrediBULL, expressed bullish sentiment towards ETH in a recent post on X. He noted that the second-largest asset's recent price actions have helped He believes that a lower price zone will not appear.
With all the attention on the regulatory conflict, Ripple (XRP) could be preparing to target $1 after settling a lawsuit with the U.S. Securities and Exchange Commission (SEC). The agency recently revised its penalties. They are now asking the court to approve the $102.6 million fine the company must pay, as opposed to the original request of $2 billion. Ripple recently cited Terraform Labs' agreement to reduce its penalty demands. The latter settlement with the SEC resulted in a $4.5 billion fine. However, ongoing discussions have signaled the end of the case is near.
Do this every week to avoid having your cryptocurrency stolen from your phone
A security company recommends that users take action on their phones to prevent cryptocurrency from being stolen. In a recent recommendation, security firm Dilation Effect advised cryptocurrency investors to reboot their phones once a week. This simple action can disrupt hackers' operations and make their attacks more noticeable to victims.
Cryptocurrency hedge fund Pantera Capital shared in its statement that it will inject $1 billion in new capital into the market.
Crypto hedge fund Pantera Capital plans to allocate $200 million to startups related to artificial intelligence (AI) and is preparing to make significant investments in the artificial intelligence (AI) sector This.
The company believes that in the near future, every cryptocurrency company will also be an AI startup.
Pantera Capital portfolio manager Cosmo Jiang shared his vision: “10, 15, 20 years from now, everyone will be using artificial intelligence.”
Jiang added that investing in an artificial intelligence company will soon become as common as investing in a company with a website.
Jiang, who is actively looking for projects that use artificial intelligence to improve blockchain operations, announced that Pantera Capital has created a new fund worth $1 billion to inject new capital into the sector .
In a previous fund, Pantera Capital allocated about 15% to 20% of its capital to artificial intelligence blockchain projects. Jiang expects the new fund to invest more in this field.