MapleStory revives Avalanche, tops 1M daily transactions twice in a week
MapleStory revives Avalanche, tops 1M daily transactions twice in a week
Avalanche’s blockchain activity has increased dramatically since classic online game MapleStory got a Web3 makeover on the network.
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Trump’s ‘Big, Beautiful Bill’ Sparks Mexico-US Standoff
Trump’s big, beautiful bill, which proposes a 3.5% tax on remittances sent by immigrants to their home countries, has forced Mexico’s president, Claudia Sheinbaum, to take a stance against it. Sheinbaum vowed to mobilize against this and announced measures to render it ineffective. U.S.-Mexico Remittance Tax Standoff Ignites With Trump’s Big, Beautiful Bill Trump’s big, […]
Dogecoin Follows Bearish June Trend With over 4% Losses – Is The Worst Over?
The month of June has been historically bearish for the Dogecoin price, and so far, June 2025 is following the same trend. With just a little over a week into the month, the Dogecoin price has already seen a decline of over 4%, suggesting it is sticking to the established trend. If this is the […]
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XRP Bull Trap Incoming? Analyst Sees $2.40 Fakeout Before Painful Crash
Pseudonymous analyst CryptoInsightUK has warned that the next major move for XRP could be a trap. In a video published on June 8, the analyst outlined a scenario where XRP surges toward $2.30–$2.40 in the short term—only to reverse violently into a sharp liquidity flush before any sustainable breakout occurs. XRP Bull Trap Looming? “I think XRP goes to sub-$2.0. I really do,” he said, adding: “It could come and sweep the highs here… could come up to like what, $2.30, and then push us down. That would be more pain for everyone, ‘cause everyone’s going to think we’re going to the upside.” The setup he describes is based on market structure and liquidity dynamics, particularly the buildup of resting orders beneath XRP’s current range. “This here is a concern, a real concern for me,” he said, referring to the growing pool of liquidity below current prices. According to his internal models, such liquidity zones are statistically touched “80% of the time.” Related Reading: XRP Must Crash First—Then Comes The $10 Rally, Says Analyst “Someone’s trying to trick someone here,” he warned. “I’m cautious.” Despite his near-total XRP allocation—he states he’s “95%+, probably more like 98%” positioned in XRP—CryptoInsightUK emphasized that he’s not rooting for a correction. “I don’t want it to come down,” he said. “I’m just showing you what I see.” The analyst proposed multiple structural paths: one in which XRP immediately breaks out, and another where it briefly rallies to sweep local highs before flushing downward to form a bullish divergence. “We’re in a range right now,” he said. “Do we come up, sweep the highs, then take the lows and go?” He elaborated on the bullish divergence pattern he is watching, where price forms a lower low while the RSI (Relative Strength Index) prints a higher low—a setup he uses to identify bottoming structures. “That’s what I would like to see,” he explained. Broader Macro Conditions Still Supportive Despite the bearish tactical setup, the video struck an upbeat macro tone. Will cited four near-term catalysts: the Genius Act on stablecoin oversight, the imminent filing deadline in the SEC’s remedies phase against Ripple, the July decision window for a spot-XRP ETF proposal, and a renewed expectation of accommodative fiscal policy sparked by last week’s televised Trump-Musk dialogue. “What this really tells us is there’s going to be money printing,” he argued. “Assets all over are going to explode to the upside and, for the other specific reasons, XRP probably does even better.” Turning to Bitcoin, the analyst observed an ongoing decline in trading volume, suggesting indecision or exhaustion. “There’s been no volume. There’s been nothing,” he said of recent BTC price action. Related Reading: XRP Wave Structure Predicts Wild Fluctuations On Its Way To $4 ATH He highlighted a CME futures gap around $92,000–$93,000 and added that fixed range volume analysis points to a possible pullback zone at $96,000–$97,000. “It’s probably coming imminently, maybe this week,” he said of a potential correction, projecting a scenario where BTC dips into this range before resuming its upward trajectory. “Does this mean we squeeze to the upside or come down and take this low and put in that bullish divergence structure?” he asked, noting a similar divergence setup at $75,000 earlier this year. XRP Spot Activity Raises Red Flags In the final hour before the video, XRP had “squeezed up with some volume,” but the analyst urged caution. While open interest had risen sharply, funding remained green—suggesting net long positioning—and aggregate premium had turned red. “This indicates to me that even though there are still some shorts coming in, more longs than shorts have entered,” he said. He warned that this imbalance could cause a sharp move lower if the market fails to hold current levels. “If we do now come down and lose this low, expect a more aggressive, faster move to the downside,” he said, pointing to the risk of liquidating leveraged positions. XRP’s relative performance against ETH and BTC also came under review. While it had begun testing resistance zones, neither the XRP/ETH nor the XRP/BTC charts had decisively broken out. “We could still be in this range chopping about,” he cautioned. “Could lose strength until we start to see some confirmations to the upside.” At press time, XRP traded at $2.23. Featured image created with DALL.E, chart from TradingView.com
Lightchain AI Launches Community Forum for Final Presale Bonus Round
This content is provided by a sponsor. The countdown has begun, and the final stage of the Lightchain AI presale is heating up. But wait, there’s more! To make this phase even more exciting, Lightchain AI is thrilled to announce the launch of Lightchain Community Forum. This isn’t just another platform; it’s the hub for […]
President Milei Gets Absolved: No Infringement Found in Libra’s Promotion
The Anti-Corruption Office (AO) found that President Javier Milei did not violate any ethics laws with his involvement in the promotion of Libra, a meme coin launched in February. Investigation Finds President Milei Did Not Break Ethics Laws by Promoting Libra One of the first investigations into Argentina’s President Javier Milei’s involvement in the Libra […]