• Selling pressure broke support near $1.0350 during the June 30 session before XRP tested $1.0249 and stabilized. • Buyers stepped in near the lows, with volume rising to 92.73 million XRP at 01:00 UTC, about 134% above the 24-hour average. • A late rebound pushed XRP from $1.024 to $1.038, with volume spiking to […]
Archives for June 30, 2026
Taiwan’s sweeping crypto law raises the bar with licensing, reserve mandates, and tough penalties
Taiwan has taken a major step forward in overseeing its digital asset sector by enacting comprehensive new regulations for cryptocurrency operations. On Tuesday, lawmakers in the Legislative Yuan approved the Virtual Asset Service Act during its third reading, forwarding it to President Lai Ching-te for formal signing, which is anticipated within the next ten days. […]
U.S. senators seek to block foreign adversaries from AI technology in new bill
The U.S. Commerce Department would have more authority to shield domestic artificial intelligence technology from the supply chains of foreign adversaries in a bill introduced Tuesday by two Republican senators who’ve been at the center of crypto legislation in this congressional session: Tim Scott and Bill Hagerty. The new bill would give Commerce the ability […]
Trump pocketed more than $1 billion from crypto ties as industry headed toward slump
The same section also noted Trump holding up to $250,000 in USD, up to $15,000 in the USDC stablecoin, more than $50 million in Ethereum’s ether (ETH), more than $50 million in bitcoin BTC$58,494.58 and a combined $6 million and change in various other cryptocurrencies under DT Marks Defi LLC, the Trump Organization-affiliated entity that […]
Phantom doubles down on perpetual futures with hire of Hyperliquid market builders
The race is also spreading beyond crypto. Last month, prediction market operator Kalshi launched its own perpetual futures business after regulatory approval, joining exchanges betting that always-on derivatives will become a larger part of financial markets. For Phantom, the hires are part of a broader push into trading. Best known as one of crypto’s largest […]
Companies spending the most on AI are growing jobs, Ramp study finds
The researchers caution that AI adopters are not representative of the broader economy. Companies adopting AI were already larger, faster-growing, more technical and more likely to be venture-backed before deploying the technology, making simple comparisons with non-adopters misleading. To account for that, the study compares early adopters with similar firms that had not yet adopted […]
Why OpenUSD’s ‘real threat’ that tanked Circle stock still faces a steep uphill battle for adoption
Still, he argued that the Circle’s 16% selloff on Tuesday went too far. “I think it is an overreaction,” he told CoinDesk. Circle selloff (TradingView) He pointed to Paxos’ Global Dollar Network (USDG), another consortium-backed stablecoin that shares reserve income with partners but has yet to gain significant market share. It has grown to a […]
XRP Holds $1 Support As Wallet Growth Hits Three-Month High
TL;DR Confirmed XRP network addresses grew at their fastest average pace since March 2026, helping defend the key $1.00 level during a leverage shakeout that flushed long open interest. The key caveat: Highlight that the $1.00 support is psychological and volatile; avoid implying a guaranteed rally from here. For traders, the story matters because it […]
SEC giving novel ETFs a rethink as it opens comment period on overhauling U.S. rules
The current process allows ETFs that meet certain conditions to jump into the markets without requiring a complicated request for exemption from the regulator, and that approach has seen an explosive growth from $4 trillion in 2019 to $12 trillion in 2025. “It is designed to build a record that could be used to justify […]
Whales Rotate Back To Bitcoin And Ethereum As Altcoin Risk Cools
TL;DR Large wallets and whales rotated capital out of high-risk altcoins into BTC and ETH, treating them as safe collateral during the altcoin leverage flush. The key caveat: Note that this is portfolio rotation rather than net new fiat buying; it indicates a risk-off rotation within the crypto asset class. For traders, the story matters […]
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