XRP’s Road to a $1 Trillion Market Cap: Analyst Says ‘Kaboom 4’ Has Begun – How Realistic Is It?
• EGRAG CRYPTO predicts XRP could reach a market cap of $1 trillion, citing historical patterns and key support levels that need to be maintained for a bullish trend.
• The analyst identifies a potential price surge to over $10 for XRP, but acknowledges that achieving a market cap of $955 billion would require a significant 1,250% increase from its current valuation.
• While the targets seem ambitious given the current market conditions, Ripple's recent growth and strategic moves could provide the necessary support for such a rally, contingent on improved market sentiment and investor interest.
https://cryptopotato.com/xrps-road-to-a-1-trillion-market-cap-analyst-says-kaboom-4-has-begun-how-realistic-is-it/
• EGRAG CRYPTO predicts XRP could reach a market cap of $1 trillion, citing historical patterns and key support levels that need to be maintained for a bullish trend.
• The analyst identifies a potential price surge to over $10 for XRP, but acknowledges that achieving a market cap of $955 billion would require a significant 1,250% increase from its current valuation.
• While the targets seem ambitious given the current market conditions, Ripple's recent growth and strategic moves could provide the necessary support for such a rally, contingent on improved market sentiment and investor interest.
https://cryptopotato.com/xrps-road-to-a-1-trillion-market-cap-analyst-says-kaboom-4-has-begun-how-realistic-is-it/
FTX to Pay Creditors Another $900 Million: Here’s Who Gets the Money
• FTX will initiate its fifth creditor distribution on July 31, totaling $900 million, bringing total repayments to over $10 billion since its bankruptcy.
• Eligible creditors will receive payments through BitGo, Kraken, or Payoneer, with amounts varying by class; some creditors may receive up to 120% of their approved claims.
• Former CEO Sam Bankman-Fried's request for clemency was unanimously rejected by the Senate, following his conviction for fraud and conspiracy related to the misallocation of customer funds.
https://cryptopotato.com/ftx-to-pay-creditors-another-900-million-heres-who-gets-the-money/
• FTX will initiate its fifth creditor distribution on July 31, totaling $900 million, bringing total repayments to over $10 billion since its bankruptcy.
• Eligible creditors will receive payments through BitGo, Kraken, or Payoneer, with amounts varying by class; some creditors may receive up to 120% of their approved claims.
• Former CEO Sam Bankman-Fried's request for clemency was unanimously rejected by the Senate, following his conviction for fraud and conspiracy related to the misallocation of customer funds.
https://cryptopotato.com/ftx-to-pay-creditors-another-900-million-heres-who-gets-the-money/
CryptoPotato
FTX to Pay Creditors Another $900 Million: Here’s Who Gets the Money
Meanwhile, FTX's ex-CEO requested a pardon but it was unanimously rejected by the US Senate.
Bitcoin Volatility Alert: Is BTC in for a Rollercoaster Ride Soon?
• Bitcoin's price has remained stagnant between $58,000 and $65,000 for months, with recent movements showing little indication of a breakout.
• Analyst Ali Martinez noted that a significant amount of dormant Bitcoin has moved on-chain, historically signaling potential major market volatility.
• Other analysts, including Kaleo and Michaël van de Poppe, suggest a possible upward breakout above $65,000 could occur soon, with expectations of a weekend price increase.
https://cryptopotato.com/bitcoin-volatility-alert-is-btc-in-for-a-rollercoaster-ride-soon/
• Bitcoin's price has remained stagnant between $58,000 and $65,000 for months, with recent movements showing little indication of a breakout.
• Analyst Ali Martinez noted that a significant amount of dormant Bitcoin has moved on-chain, historically signaling potential major market volatility.
• Other analysts, including Kaleo and Michaël van de Poppe, suggest a possible upward breakout above $65,000 could occur soon, with expectations of a weekend price increase.
https://cryptopotato.com/bitcoin-volatility-alert-is-btc-in-for-a-rollercoaster-ride-soon/
CryptoPotato
Bitcoin Volatility Alert: Is BTC in for a Rollercoaster Ride Soon?
One other analyst expects these fluctuations to arrive as early as this weekend.
Pi Network’s PI Shows Resilience After Recent Crash as Bitcoin Eyes $64K: Weekend Watch
• Bitcoin's price dipped below $62,000 but rebounded to challenge $64,000, following a positive reaction to lower-than-expected inflation data.
• Most larger-cap altcoins remained stable, with Cardano seeing a notable increase of over 4.5%, while Pi Network's token rebounded after hitting all-time lows.
• The total cryptocurrency market capitalization rose by approximately $30 billion, reaching over $2.270 trillion.
https://cryptopotato.com/pi-networks-pi-shows-resilience-after-recent-crash-as-bitcoin-eyes-64k-weekend-watch/
• Bitcoin's price dipped below $62,000 but rebounded to challenge $64,000, following a positive reaction to lower-than-expected inflation data.
• Most larger-cap altcoins remained stable, with Cardano seeing a notable increase of over 4.5%, while Pi Network's token rebounded after hitting all-time lows.
• The total cryptocurrency market capitalization rose by approximately $30 billion, reaching over $2.270 trillion.
https://cryptopotato.com/pi-networks-pi-shows-resilience-after-recent-crash-as-bitcoin-eyes-64k-weekend-watch/
CryptoPotato
Pi Network's PI Shows Resilience After Recent Crash as Bitcoin Eyes $64K: Weekend Watch
Aside from PI, the other notable gainers today are CRO and VVV.
Bitcoin’s Coinbase Premium Has Been Negative for 60 Days – Why It Matters
• Bitcoin has traded at a consistent discount on Coinbase compared to Binance for over two months, indicating weak US spot demand.
• The Coinbase Premium Index has remained negative for a record 60 consecutive days, reflecting a lack of institutional interest from US investors.
• Despite a significant price drop, Bitcoin has shown resilience by maintaining key price levels above $60,000, suggesting strength even without substantial US capital inflow.
https://cryptopotato.com/bitcoins-coinbase-premium-has-been-negative-for-60-days-why-it-matters/
• Bitcoin has traded at a consistent discount on Coinbase compared to Binance for over two months, indicating weak US spot demand.
• The Coinbase Premium Index has remained negative for a record 60 consecutive days, reflecting a lack of institutional interest from US investors.
• Despite a significant price drop, Bitcoin has shown resilience by maintaining key price levels above $60,000, suggesting strength even without substantial US capital inflow.
https://cryptopotato.com/bitcoins-coinbase-premium-has-been-negative-for-60-days-why-it-matters/
CryptoPotato
Bitcoin's Coinbase Premium Has Been Negative for 60 Days - Why It Matters
The metric just set another new record low. But it may not be as bad as it sounds.
The ETF Battle Between Gold and Bitcoin: Is BTC Really Losing?
• Gold and silver started 2026 strong but faced significant losses, with the GLD ETF experiencing a record $14.4 billion in outflows since March.
• Bitcoin ETFs also saw substantial withdrawals, totaling over $8 billion in two months, contributing to a decline in BTC's price from $83,000 to a low of $57,700.
• Analysts speculate that the gold market may be poised for a comeback as July's outflows from GLD decreased significantly, while BTC's future remains uncertain amid ongoing investor skepticism.
https://cryptopotato.com/the-etf-battle-between-gold-and-bitcoin-is-btc-really-losing/
• Gold and silver started 2026 strong but faced significant losses, with the GLD ETF experiencing a record $14.4 billion in outflows since March.
• Bitcoin ETFs also saw substantial withdrawals, totaling over $8 billion in two months, contributing to a decline in BTC's price from $83,000 to a low of $57,700.
• Analysts speculate that the gold market may be poised for a comeback as July's outflows from GLD decreased significantly, while BTC's future remains uncertain amid ongoing investor skepticism.
https://cryptopotato.com/the-etf-battle-between-gold-and-bitcoin-is-btc-really-losing/
CryptoPotato
The ETF Battle Between Gold and Bitcoin: Is BTC Really Losing?
Spot Bitcoin ETFs lost over $8 billion in weeks. However, one gold ETF lost more than than in just a single month.
Analyst Says Long-Term Bullish Setup Could Take Ethereum to $22K
• Ethereum (ETH) may be entering a bullish phase that could see its price rise to between $12,000 and $22,000, according to analyst NoName, who identifies a long-term expanding diagonal pattern in its price chart.
• Another analyst, Crypto Patel, suggests that ETH is following a Wyckoff accumulation pattern, potentially reaching $10,000 by 2027 or 2028, contingent on maintaining support above $1,500.
• Despite recent gains, some analysts warn of a possible drop below $1,500 before a more stable recovery, highlighting mixed market sentiments.
https://cryptopotato.com/analyst-says-long-term-bullish-setup-could-take-ethereum-to-22k/
• Ethereum (ETH) may be entering a bullish phase that could see its price rise to between $12,000 and $22,000, according to analyst NoName, who identifies a long-term expanding diagonal pattern in its price chart.
• Another analyst, Crypto Patel, suggests that ETH is following a Wyckoff accumulation pattern, potentially reaching $10,000 by 2027 or 2028, contingent on maintaining support above $1,500.
• Despite recent gains, some analysts warn of a possible drop below $1,500 before a more stable recovery, highlighting mixed market sentiments.
https://cryptopotato.com/analyst-says-long-term-bullish-setup-could-take-ethereum-to-22k/
CryptoPotato
Analyst Says Long-Term Bullish Setup Could Take Ethereum to $22K
The projected upside depends on Ethereum first overcoming key resistance levels before any larger advance can unfold.
Here Are Four Important Crypto Stories You Might Have Missed This Week
• A consultant linked to North Korea was found to have worked with MetaMask, prompting an investigation by Consensys, which found no evidence of data theft or malicious activity.
• The Rotterdam court declared the crypto exchange Knaken bankrupt due to missing customer funds, raising concerns about the effectiveness of the EU's new MiCA regulations.
• Injective submitted a Form TA-1 to the SEC to register as a transfer agent, aiming to connect public blockchains with regulated US capital markets for tokenized securities.
https://cryptopotato.com/here-are-four-important-crypto-stories-you-might-have-missed-this-week/
• A consultant linked to North Korea was found to have worked with MetaMask, prompting an investigation by Consensys, which found no evidence of data theft or malicious activity.
• The Rotterdam court declared the crypto exchange Knaken bankrupt due to missing customer funds, raising concerns about the effectiveness of the EU's new MiCA regulations.
• Injective submitted a Form TA-1 to the SEC to register as a transfer agent, aiming to connect public blockchains with regulated US capital markets for tokenized securities.
https://cryptopotato.com/here-are-four-important-crypto-stories-you-might-have-missed-this-week/
CryptoPotato
Here Are Four Important Crypto Stories You Might Have Missed This Week
MetaMask reportedly had a North Korean dev working on its team; Dutch crypto platform goes bankrupt, and more.
Ethereum Price Analysis: $2K Dream Remains on the Table as ETH Defends Key Levels
• Ethereum is currently trading below key resistance levels, with recent price action indicating a struggle to maintain upward momentum after a pullback into the $1.75K-$1.85K support zone.
• The asset must hold above this demand zone to potentially reach the significant resistance cluster between $2K and $2.15K, which aligns with long-term trendlines and moving averages.
• A large concentration of short liquidations exists around the $1.95K-$2K region, suggesting a possible liquidity grab before facing selling pressure, while a breakout above this area could signal a bullish reversal.
https://cryptopotato.com/ethereum-price-analysis-2k-dream-remains-on-the-table-as-eth-defends-key-levels/
• Ethereum is currently trading below key resistance levels, with recent price action indicating a struggle to maintain upward momentum after a pullback into the $1.75K-$1.85K support zone.
• The asset must hold above this demand zone to potentially reach the significant resistance cluster between $2K and $2.15K, which aligns with long-term trendlines and moving averages.
• A large concentration of short liquidations exists around the $1.95K-$2K region, suggesting a possible liquidity grab before facing selling pressure, while a breakout above this area could signal a bullish reversal.
https://cryptopotato.com/ethereum-price-analysis-2k-dream-remains-on-the-table-as-eth-defends-key-levels/
CryptoPotato
Ethereum Price Analysis: $2K Dream Remains on the Table as ETH Defends Key Levels
Ethereum remains trapped below a major higher-timeframe resistance cluster despite recovering strongly from its June lows. The recent rejection near local
Sports Events Push Prediction Market Trading to Record Highs in June
• Notional volume on prediction markets surged to $113.8 billion in Q2 2026, a 48.7% increase from the previous quarter, with June alone reaching a record $50.7 billion.
• The spike was largely driven by major sporting events, with sports-related contracts on Polymarket accounting for 81% of trading volume in June, despite a decline in its market share.
• Cboe Global Markets launched a new prediction markets platform, and Meta is developing a prediction app called Arena, indicating growing interest from Wall Street and Big Tech in the prediction markets space.
https://cryptopotato.com/sports-events-push-prediction-market-trading-to-record-highs-in-june/
• Notional volume on prediction markets surged to $113.8 billion in Q2 2026, a 48.7% increase from the previous quarter, with June alone reaching a record $50.7 billion.
• The spike was largely driven by major sporting events, with sports-related contracts on Polymarket accounting for 81% of trading volume in June, despite a decline in its market share.
• Cboe Global Markets launched a new prediction markets platform, and Meta is developing a prediction app called Arena, indicating growing interest from Wall Street and Big Tech in the prediction markets space.
https://cryptopotato.com/sports-events-push-prediction-market-trading-to-record-highs-in-june/
CryptoPotato
Sports Events Push Prediction Market Trading to Record Highs in June
Polymarket rival, Kalshi, grew its prediction market share in Q2.
a16z Reveals What TradFi Really Wants From Blockchain
• TradFi institutions are adopting blockchain technology to enhance operational efficiency rather than embracing decentralization, focusing on cost reduction and improved customer relationships.
• Institutions are selectively integrating elements of DeFi that align with their regulatory and operational needs, creating a new form of programmable financial infrastructure distinct from both traditional finance and current DeFi.
• The report emphasizes that while institutional adoption is significant, the broader potential of the crypto industry extends beyond traditional financial institutions, highlighting the importance of innovations from open, permissionless ecosystems.
https://cryptopotato.com/a16z-reveals-what-tradfi-really-wants-from-blockchain/
• TradFi institutions are adopting blockchain technology to enhance operational efficiency rather than embracing decentralization, focusing on cost reduction and improved customer relationships.
• Institutions are selectively integrating elements of DeFi that align with their regulatory and operational needs, creating a new form of programmable financial infrastructure distinct from both traditional finance and current DeFi.
• The report emphasizes that while institutional adoption is significant, the broader potential of the crypto industry extends beyond traditional financial institutions, highlighting the importance of innovations from open, permissionless ecosystems.
https://cryptopotato.com/a16z-reveals-what-tradfi-really-wants-from-blockchain/
CryptoPotato
a16z Reveals What TradFi Really Wants From Blockchain
Institutional adoption may be a big opportunity, but a16z said that it is not simply an extension of DeFi.
XRP Has Stayed in Crypto’s Top 10 for 13 Straight Years – No Other Altcoin Has Done This
• Ripple's XRP is the only cryptocurrency, alongside Bitcoin, to remain in the top 10 by market cap for 13 consecutive years, despite market fluctuations.
• The CoinGecko report highlights the significant changes in the cryptocurrency market since 2014, with many former top projects falling out of favor.
• XRP's resilience includes surviving major market downturns and regulatory challenges, including a prolonged battle with the SEC that led to its delisting from numerous exchanges.
https://cryptopotato.com/xrp-has-stayed-in-cryptos-top-10-for-13-straight-years-no-other-altcoin-has-done-this/
• Ripple's XRP is the only cryptocurrency, alongside Bitcoin, to remain in the top 10 by market cap for 13 consecutive years, despite market fluctuations.
• The CoinGecko report highlights the significant changes in the cryptocurrency market since 2014, with many former top projects falling out of favor.
• XRP's resilience includes surviving major market downturns and regulatory challenges, including a prolonged battle with the SEC that led to its delisting from numerous exchanges.
https://cryptopotato.com/xrp-has-stayed-in-cryptos-top-10-for-13-straight-years-no-other-altcoin-has-done-this/
CryptoPotato
XRP Has Stayed in Crypto's Top 10 for 13 Straight Years - No Other Altcoin Has Done This
XRP stands next to BTC in this very prestigious list.
This Rare Bitcoin Signal Preceded a 700% Rally: Is History About to Repeat?
• Bitcoin is attempting to recover to $65,000 after a significant drop, with a bullish RSI divergence indicating potential for a major rally similar to past performance.
• Analyst Ali Martinez notes that the last occurrence of this signal preceded a rise from around $16,000 to over $126,000, suggesting a possible future peak of $500,000 if history repeats.
• Analysts recommend buying at current levels as a strong opportunity, cautioning against waiting for a potential dip to $40,000, which could lead to missed chances for investment.
https://cryptopotato.com/this-rare-bitcoin-signal-preceded-a-700-rally-is-history-about-to-repeat/
• Bitcoin is attempting to recover to $65,000 after a significant drop, with a bullish RSI divergence indicating potential for a major rally similar to past performance.
• Analyst Ali Martinez notes that the last occurrence of this signal preceded a rise from around $16,000 to over $126,000, suggesting a possible future peak of $500,000 if history repeats.
• Analysts recommend buying at current levels as a strong opportunity, cautioning against waiting for a potential dip to $40,000, which could lead to missed chances for investment.
https://cryptopotato.com/this-rare-bitcoin-signal-preceded-a-700-rally-is-history-about-to-repeat/
CryptoPotato
This Rare Bitcoin Signal Preceded a 700% Rally: Is History About to Repeat?
If BTC is to mimic its previous surge, it would rise above $500,000.
This Week’s Biggest Gainers and Losers Revealed as Bitcoin (BTC) Aims at $65K: Weekend Watch
• Bitcoin has approached $65,000 after recovering from a dip to $63,700, with its market cap nearing $1.3 trillion and dominance over altcoins exceeding 57%.
• Ethereum has seen a 4.2% increase over the week despite a recent drop, while ZEC, LTC, ONDO, and CRO have also posted notable gains.
• The total cryptocurrency market cap has risen by approximately $60 billion in the past week, now exceeding $2.270 trillion.
https://cryptopotato.com/this-weeks-biggest-gainers-and-losers-revealed-as-bitcoin-btc-aims-at-65k-weekend-watch/
• Bitcoin has approached $65,000 after recovering from a dip to $63,700, with its market cap nearing $1.3 trillion and dominance over altcoins exceeding 57%.
• Ethereum has seen a 4.2% increase over the week despite a recent drop, while ZEC, LTC, ONDO, and CRO have also posted notable gains.
• The total cryptocurrency market cap has risen by approximately $60 billion in the past week, now exceeding $2.270 trillion.
https://cryptopotato.com/this-weeks-biggest-gainers-and-losers-revealed-as-bitcoin-btc-aims-at-65k-weekend-watch/
CryptoPotato
This Week's Biggest Gainers and Losers Revealed as Bitcoin (BTC) Aims at $65K: Weekend Watch
ZEC stands in one corner, HYPE in the opposite.
CLARITY Act Odds Crash to 31% After Trump Push Fails to Break Senate Deadlock
• Donald Trump's 2024 presidential campaign emphasizes favorable regulatory frameworks for the cryptocurrency industry, with the CLARITY Act being a key focus after passing the Senate Banking Committee.
• The bill aims to clarify jurisdiction between the SEC and CFTC over crypto assets but faces challenges due to the need for bipartisan support and demands from Democrats for restrictions on senior officials profiting from crypto.
• Odds for the bill's passage have dropped significantly from over 70% to approximately 31% amid ongoing legislative struggles and the looming November midterm elections.
https://cryptopotato.com/clarity-act-odds-crash-to-31-after-trump-push-fails-to-break-senate-deadlock/
• Donald Trump's 2024 presidential campaign emphasizes favorable regulatory frameworks for the cryptocurrency industry, with the CLARITY Act being a key focus after passing the Senate Banking Committee.
• The bill aims to clarify jurisdiction between the SEC and CFTC over crypto assets but faces challenges due to the need for bipartisan support and demands from Democrats for restrictions on senior officials profiting from crypto.
• Odds for the bill's passage have dropped significantly from over 70% to approximately 31% amid ongoing legislative struggles and the looming November midterm elections.
https://cryptopotato.com/clarity-act-odds-crash-to-31-after-trump-push-fails-to-break-senate-deadlock/
CryptoPotato
CLARITY Act Odds Crash to 31% After Trump Push Fails to Break Senate Deadlock
Although it cleared a major Senate committee, the CLARITY Act's final approval is still far from reality. Prediction-market traders have become less optimistic.
What Happens to Bitcoin if the Fed Raises Rates in July?
• The upcoming FOMC meeting at the end of July has raised concerns about potential interest rate hikes, despite recent inflation data showing a drop to 3.5%.
• Current market expectations suggest an 85% probability that the Federal Reserve will keep rates unchanged, but a surprise hike could lead to significant sell-offs in BTC and other risk assets.
• While higher interest rates typically hinder BTC's performance, a resilient economy could support long-term demand and allow for a quicker recovery from any macro-driven shocks.
https://cryptopotato.com/what-happens-to-bitcoin-if-the-fed-raises-rates-in-july/
• The upcoming FOMC meeting at the end of July has raised concerns about potential interest rate hikes, despite recent inflation data showing a drop to 3.5%.
• Current market expectations suggest an 85% probability that the Federal Reserve will keep rates unchanged, but a surprise hike could lead to significant sell-offs in BTC and other risk assets.
• While higher interest rates typically hinder BTC's performance, a resilient economy could support long-term demand and allow for a quicker recovery from any macro-driven shocks.
https://cryptopotato.com/what-happens-to-bitcoin-if-the-fed-raises-rates-in-july/
CryptoPotato
What Happens to Bitcoin if the Fed Raises Rates in July?
Will bitcoin be under fire if the Fed hikes the rates next week?
Bitcoin Price Analysis: Here’s the Most Likely BTC Scenario for Next Week
• Bitcoin is recovering from June lows but faces significant resistance around the $65K-$66.5K supply zone, which could dictate the future price direction.
• A breakout above this resistance could lead to higher targets between $72K and $74K, while a rejection may pull prices back to the $58K-$60K support area.
• Current sentiment indicates that recent investors are holding unrealized losses, suggesting that a sustained accumulation phase has not yet begun, with potential for further bearish movement if resistance is not overcome.
https://cryptopotato.com/bitcoin-price-analysis-heres-the-most-likely-btc-scenario-for-next-week/
• Bitcoin is recovering from June lows but faces significant resistance around the $65K-$66.5K supply zone, which could dictate the future price direction.
• A breakout above this resistance could lead to higher targets between $72K and $74K, while a rejection may pull prices back to the $58K-$60K support area.
• Current sentiment indicates that recent investors are holding unrealized losses, suggesting that a sustained accumulation phase has not yet begun, with potential for further bearish movement if resistance is not overcome.
https://cryptopotato.com/bitcoin-price-analysis-heres-the-most-likely-btc-scenario-for-next-week/
CryptoPotato
Bitcoin Price Analysis: Here's the Most Likely BTC Scenario for Next Week
Bitcoin continues to recover from its June capitulation but remains trapped beneath a major resistance cluster. Although buyers have managed to defend
Buy or Sell? What Michael Saylor’s Cryptic New Tweet Means for Bitcoin
• Michael Saylor's recent cryptic post on X hinted at potential new BTC purchases, but recent actions indicate a shift towards selling rather than buying.
• Strategy, the firm co-founded by Saylor, recently sold over 3,500 BTC, marking its largest sale to date, while also increasing its USD reserve to $3 billion.
• Despite accumulating 843,775 BTC over six years at a cost of approximately $64 billion, the firm is currently facing an unrealized loss of around 15% due to recent price corrections in the market.
https://cryptopotato.com/buy-or-sell-what-michael-saylors-cryptic-new-tweet-means-for-bitcoin/
• Michael Saylor's recent cryptic post on X hinted at potential new BTC purchases, but recent actions indicate a shift towards selling rather than buying.
• Strategy, the firm co-founded by Saylor, recently sold over 3,500 BTC, marking its largest sale to date, while also increasing its USD reserve to $3 billion.
• Despite accumulating 843,775 BTC over six years at a cost of approximately $64 billion, the firm is currently facing an unrealized loss of around 15% due to recent price corrections in the market.
https://cryptopotato.com/buy-or-sell-what-michael-saylors-cryptic-new-tweet-means-for-bitcoin/
CryptoPotato
Buy or Sell? What Michael Saylor's Cryptic New Tweet Means for Bitcoin
The entire perception around his Sunday posts on X has shifted.
Pi Network’s PI Suddenly Explodes by 20%: Recovery or Dead-Cat Bounce?
• Pi Network's native token, PI, surged to a weekly high of approximately $0.10 after previously hitting all-time lows below $0.07.
• The recent price increase of nearly 20% raises questions about whether it signifies a genuine recovery or merely a temporary bounce.
• Historical patterns suggest that similar surges have often been followed by rapid declines, leaving investors uncertain about the sustainability of the current rally.
https://cryptopotato.com/pi-networks-pi-suddenly-explodes-by-20-recovery-or-dead-cat-bounce/
• Pi Network's native token, PI, surged to a weekly high of approximately $0.10 after previously hitting all-time lows below $0.07.
• The recent price increase of nearly 20% raises questions about whether it signifies a genuine recovery or merely a temporary bounce.
• Historical patterns suggest that similar surges have often been followed by rapid declines, leaving investors uncertain about the sustainability of the current rally.
https://cryptopotato.com/pi-networks-pi-suddenly-explodes-by-20-recovery-or-dead-cat-bounce/
CryptoPotato
Pi Network's PI Suddenly Explodes by 20%: Recovery or Dead-Cat Bounce?
The community wonders what is behind this sudden Sunday price pump.
Ripple (XRP) ETFs Resume Inflow Streak, but There’s an Elephant in the Room
• XRP spot ETFs experienced a brief outflow of over $7 million, marking the first decline in two months, but have since seen a net inflow of $6.78 million, bringing total inflows back to nearly $1.5 billion.
• Bitwise's XRP ETF is leading in assets under management (AUM) with almost $500 million, surpassing Canary Capital's XRPC, which has below $470 million.
• Despite the recent inflow, there are concerns about declining interest, as seven of the last ten business days reported zero net flows, indicating a potential drop in demand for XRP ETFs.
https://cryptopotato.com/ripple-xrp-etfs-resume-inflow-streak-but-theres-an-elephant-in-the-room/
• XRP spot ETFs experienced a brief outflow of over $7 million, marking the first decline in two months, but have since seen a net inflow of $6.78 million, bringing total inflows back to nearly $1.5 billion.
• Bitwise's XRP ETF is leading in assets under management (AUM) with almost $500 million, surpassing Canary Capital's XRPC, which has below $470 million.
• Despite the recent inflow, there are concerns about declining interest, as seven of the last ten business days reported zero net flows, indicating a potential drop in demand for XRP ETFs.
https://cryptopotato.com/ripple-xrp-etfs-resume-inflow-streak-but-theres-an-elephant-in-the-room/
CryptoPotato
Ripple (XRP) ETFs Resume Inflow Streak, but There's an Elephant in the Room
Thursday was the funds' best day since late June. However, one thing has to be addressed.