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XRP news update: Traders predict consolidation to $2.35 amid ETF speculation

Key points:
XRP struggles to break above the $2.35 resistance, pointing to a lack of demand at higher levels.
Rising odds of an XRP ETF approval could catalyze the next leg of a XRP rally.
Bloomberg’s exchange-traded fund specialists Eric Balchunas and James Seyffart project a 95% possibility of
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US Senate passes Trump’s budget bill without provision on crypto taxes

Republicans in the US Senate narrowly passed a budget reconciliation bill strongly pushed by President Donald Trump and heavily criticized by many members of both parties for concerns about healthcare cuts, artificial intelligence regulation and redistribution of wealth through tax cuts.
In a 50-50
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Strategy set to post $13B Bitcoin gains, but revenue stalls

Strategy, the world’s largest corporate holder of Bitcoin, is expected to post mixed financials for the second quarter of 2025.
According to a Bloomberg analysis on Tuesday, the company is projected to report more than $13 billion in unrealized gains for 2Q 2025, driven by its massive crypto
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Less than 15% Bitcoin left on crypto exchanges signals ‘supply problem’

Key takeaways:
Bitcoin’s percent supply on exchanges has dropped below 15% for the first time since 2018.
Depleting exchange supply and OTC balances, pointing to “supply shock” and long-term accumulation.
BTC price must remain above $100,000 to secure the upside.
Bitcoin exchange reserves
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Pi news update: Bulls aim to hold $0.47 support as bears reject breakout

Key points:
The recent announcement of two major features has failed to arrest the fall in PI price, but a bounce could start from $0.47.
Pi (PI) announced the release of two major features on Friday, but the news has failed to ignite the markets
Crypto market data daily view. Source:
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FATF’s crypto checklist hints at the next regulatory crackdown

Cryptocurrency regulations are increasingly aligning with global standards; 73% of eligible jurisdictions have now passed laws to implement the Financial Action Task Force’s (FATF) Travel Rule.
The Travel Rule mandates crypto service providers to collect and share users’ transaction data, similar t
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XRP price predictions above $3 in 2025 have one major flaw

Key takeaways:
XRP is forming a descending triangle, a pattern that’s historically bearish over half the time.
A breakdown below $1.80–$2.00 support could trigger a drop toward the $1 realized price level.
Despite bearish risks, fundamentals like an SEC resolution or XRP ETF approval could
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Bitcoin due to copy S&P 500 to hit new all-time high in July: Forecast

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Elon Musk’s xAI raises $10B as Trump threatens to unleash DOGE on him

Elon Musk’s artificial intelligence firm xAI has secured $10 billion in fresh capital, doubling down on its challenge to OpenAI as the race to dominate the AI landscape intensifies. The funds were evenly split between secured debt and strategic equity investments.
The influx gives xAI more
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Viking-themed project puts engaging gameplay at the heart of the metaverse

After three years of community-led development, Floki’s flagship metaverse game, Valhalla, is launching its mainnet, focusing on tactical gameplay and a sustainable token economy for a rich Web3 experience.
With market analysts projecting the metaverse to become a $1.1 trillion industry
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Malaysian regulator proposes easing crypto asset listing process

The Securities Commission Malaysia (SC) is seeking public feedback on a proposal that could allow cryptocurrency exchanges to list certain digital assets without first obtaining explicit approval from the regulator.
According to a Monday announcement, the regulator is considering liberalizing the f
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FATF warning on stablecoin crimes is not anti-crypto, intel firms say

A recent warning from the Financial Action Task Force (FATF) about the rise of stablecoin-related crimes does not pose a threat to the cryptocurrency industry, according to executives at blockchain intelligence firms.
The FATF’s call to address rising illicit stablecoin activity reflects the need f
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