Author: Yeek.io

XRP, the native token of the XRP Ledger, has made headlines in the aftermath of the SEC’s lawsuit against Ripple and the withdrawal of the payment giant’s appeal. The crypto payments firm looks set to expand its stablecoin partnerships and boost XRP utility, both of which could push the altcoin higher. Why the end of Ripple’s appeal and SEC lawsuit matters The SEC vs. Ripple lawsuit has been a decisive legal battle that dragged on for several years, contributing to the altcoin’s de-listing from major crypto exchanges and a prolonged price slump. Ripple Labs CEO Brad Garlinghouse recently tweeted about…

First, it was gold and oil. Now, BounceBit is targeting stocks, ETFs, and bonds, all onchain, all DeFi-ready. If successful, this could be the blueprint for a fully tokenized global financial system. In an X post on July 1, BounceBit announced that it will launch tokenized stock products in Q4, covering equities, exchange-traded funds, and bonds from major markets including the U.S., Europe, Hong Kong, and Japan. Coming Q4: Tokenized Stocks on BounceBitGlobal equities – onchain, 24/7, and ready for DeFi.Issued by BounceBit. Designed not just to be held – but to be used.Tradable. Composable. Borderless. pic.twitter.com/FIhZh3QmZP— BounceBit (@bounce_bit) July…

Dogwifhat continues to trade within a defined range as price action compresses between $1.35 resistance and $0.30 support. A breakout looms, but weak volume suggests more consolidation first. Dogwifhat (WIF) is currently experiencing prolonged sideways movement, caught within a well-defined range between the $1.35 range high and the $0.30 range low. The asset has yet to make a decisive move in either direction, with price continuing to rotate between support and resistance. As traders look for signs of a breakout, volume remains the most important metric to watch for confirmation of trend direction. Key technical points Range Resistance at $1.35:…

Shiba Inu’s price has crashed this year, erasing billions of dollars in value and mirroring the broader decline across the altcoin market. Shiba Inu (SHIB) was trading at $0.00001130 on July 2, slightly above its year-to-date low of $0.00001035. This article explores four key reasons why SHIB may be poised for a rebound. 1. Shiba Inu price has formed a double-bottom pattern One major reason for potential upside is the formation of a double-bottom pattern on the daily chart. This is a common bullish reversal setup characterized by two distinct lows and a neckline, which in SHIB’s case is at…

Schuman Financial founder Martin Bruncko says that the rise of euro stablecoins is “inevitable”, as Europe pushes to digitize its financial systems while strongly resisting dollarization. Speaking at EthCC in Cannes on July 1, Schuman Financial founder Martin Bruncko projected that euro stablecoins will surpass €100 billion in market cap, and potentially reach €1 trillion, despite currently lagging far behind dollar stablecoins. As more of traditional finance moves on-chain, Brunchko argues, demand for euro-denominated digital assets is inevitable. Stablecoins already settle more than €25 trillion a year, which is more than Visa or Mastercard. Moreover, financial institutions are increasingly exploring blockchain-based payments.…

At the EthCC, Vitalik Buterin mentions a number of tests that can be used to prove whether a company in the crypto space is truly secure and durable enough to withstand various attacks. During his speech at the Ethereum Community Conference or EthCC, Ethereum (ETH) co-founder Vitalik Buterin highlights several ways users and builders alike can judge whether a crypto firm is truly as secure and decentralized as they claim to be. The first test he mentioned was the “walkaway test,” which involved the question of whether users’ assets are still safe if the company and all its servers were…

The native token of the layer-1 blockchain Sui has traded sideways over the past few weeks, raising questions about whether it will rebound or extend its losses into July. Trading around $2.71 at press time, SUI (SUI)has struggled to regain bullish momentum since slumping from its highs earlier this year. Despite recording a modest 1.4% uptick in the past 24 hours, SUI remains under pressure, dropping 15.5% over the past 30 days, approximately 22.9% from this month’s peak of $3.50, and 48.1% below its all-time high of $5.20. SUI’s decline appears to be driven by a mix of technical and…

Over the past 24 hours, Ethereum has rejected from its $2,550 resistance zone, triggering a structural breakdown. This region includes the 0.618 Fibonacci retracement, the point of control, and a major high time frame resistance level that has held for more than a week. If momentum fails to return, Ethereum may be setting up for a deeper rotation toward $2,220. Ethereum’s (ETH) recent attempt to push beyond $2,550 has once again failed, reinforcing this level as a key battleground for bulls and bears. The rejection has resulted in a short-term market structure break and the formation of a new local…

Circle, the issuer of USDC stablecoin, has launched ‘Circle Gateway,’ a solution built to unify USDC access and use across multiple chains.Currently, users have to jump through blockchain bridges to use their digital assets on another chain. That usually means sending coins across networks using third-party bridges, which isn’t always quick, cheap, or safe.To mitigate this, Circle launched its native tool called Gateway on 1st July. According to the announcement, “Circle Gateway is a new cross-chain primitive that enables a unified USDC balance for instant cross-chain liquidity.” The founding idea behind this launch is to enable users to move their money…

Useless Coin’s price continued its strong rally this week, reaching a record high even as the broader crypto market retreated. Useless Coin (USELESS), a Solana (SOL)-based meme coin, rose to a high of $0.25, up nearly 1,000% from its May low. The surge has pushed its market capitalization to $240 million. As crypto.news wrote recently, the rally has been fueled by fear of missing out among retail traders and whales. Such speculative pumps are common among newly launched tokens. However, data from Nansen suggests that a reversal may now be underway. Smart money investors have significantly reduced their holdings, which…