Author: Digicoinvision
The XRP price has been holding on pretty tightly to its support level above $2.2 and continues to be a major level of pushback for the bears. This has shown that buyers are beginning to make a comeback at this level amid predictions that it will be the bounce point for the next rally. Regardless of this, a crypto analyst still believes that this support remains at risk as bears continue to push down on the price, and the result could be a major price crash from here. XRP Price Could Stage A Classic Bear Trap While there has been…
Russia’s energy ministry has launched a national registry of crypto mining rigs to weed out miners that dodge tax payments and illegal setups that steal power from the grid. State-run newspaper RIA Novosti said in a report on Friday that the Russian Ministry of Energy, the Federal Tax Service and the Ministry of Digital Development of Russia have “compiled a register” and sent it to “regions with increased miner activity.”In June, Russian Finance Ministry official Ivan Chebeskov said that despite introducing crypto mining laws, only 30% of miners had entered the Federal Tax Service Register since late 2024. He also said…
Tesla CEO and tech entrepreneur Elon Musk has confirmed that his newly formed political party — the America Party — will accept Bitcoin.“Fiat is hopeless, so yes,” Musk replied to an X user who asked if his new party would embrace Bitcoin.Source: Elon MuskMusk’s crypto tiesElon Musk is no stranger to Bitcoin as Tesla was an early adopter, holding BTC in its treasury.Under his leadership as Tesla CEO, Tesla bought $1.5 billion worth of BTC in early 2021, making it one of the first publicly traded companies to hold Bitcoin in its treasury reserves.Currently, Tesla holds 11,509 BTC, worth approximately…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is sending a fresh jolt through the crypto market after a sudden upward move on Thursday, with its price finally reclaiming the key $2,500 mark once again. Bullish signals are presently aligning with this renewed strength, which points to a possible continuation of the notable rally. Golden Cross Lights Up Ethereum Chart Examining recent price performance, it is observed that the Ethereum technical landscape just came alive, reviving market optimism with a typical bullish signal. Melijn The Trader, a seasoned crypto expert and investor, reported this…
The native cryptocurrency of The Open Network has retraced 6% from its 24-hour high after United Arab Emirates regulators refuted claims that staking Toncoin (TON) could create a pathway to UAE residency.Toncoin initially shot up 10% to $3.03 on Sunday after The Open Network claimed that applicants staking $100,000 worth of Toncoin for three years make applicants eligible for the UAE’s golden visa program.However, the cryptocurrency partially retraced after the Emirates News Agency shared a joint statement from several regulators denying that claim. TON is now trading at $2.84, a 6% decrease from its recently posted 24-hour high. UAE disputes golden visa…
Today, Riot Platforms, Inc. (NASDAQ: RIOT) reported the production of 450 Bitcoin in June 2025, a 12% decrease from May but a 76% increase year-over-year. The company also saw a surge in power credits, totalling $5.6 million, more than double from the previous month. Riot Announces June 2025 Production and Operations Updates. Riot mined 450 #bitcoin in June, increasing total bitcoin holdings to 19,273. The Company had a deployed hash rate of 35.5 EH/s and an all-in power cost of 3.4¢/kWh.Read the full press release here:… pic.twitter.com/V6Y0D1A1pQ— Riot Platforms, Inc. (@RiotPlatforms) July 3, 2025 Riot sold 397 Bitcoin for $41.7…
Join Our Telegram channel to stay up to date on breaking news coverage Standard Chartered predicts that crypto market leader Bitcoin (BTC) will soar to $135K by the end of Q3 2025, and go on to hit $200K by the end of the year after breaking out of its halving cycle. “Thanks to increased investor flows, we believe BTC has moved beyond the previous dynamic whereby prices fell 18 months after a ‘halving’ cycle,” wrote Standard Chartered’s head of digital asset research, Geoff Kendrick, in a report today. New Market Drivers Could Push The Bitcoin Price Higher Kendrick went on…
BRICS is accelerating plans to ditch the dollar in favor of national currencies, as Brazil’s Ambassador to India clarifies direction on a unified currency and signals sweeping financial shifts. Senior Brazilian Diplomat Addresses BRICS Currency Outlook Ahead of 2025 Summit Growing momentum among emerging economies to reduce reliance on the U.S. dollar has led to […]
The Ethereum price is currently locked in a narrow trading range of around $2,500, with momentum stalling despite the market’s bullish expectations. In light of this, a leading crypto analyst warns that current price action lacks the strength needed for a powerful upward move, urging traders to remain cautious. The analyst notes that without a clear breakout signal, entering the market now could expose investors to potential downside risks. $2,800 Breakout Key For Ethereum Price Bull Rally A new analysis released on the X social media platform by market expert Daan Crypto Trades reveals that the Ethereum price has continued…
A widely followed cryptocurrency analyst is issuing an alert, warning traders that altcoins appear poised to continue declining against Bitcoin (BTC). In a new thread, crypto trader Benjamin Cowen tells his 1 million followers on the social media platform X that US monetary policy will remain tight, suggesting that altcoin pairs versus the top crypto asset by market cap are heading to their range lows. “With the economy holding strong, it delays rate cuts and likely delays the end to QT [quantitative tightening]. This suggests that monetary policy will remain restrictive, continuing to support the idea that altcoin/BTC pairs are…