As a researcher, I’m currently observing XRP trading at $1.3357. Interestingly, the price is right at a key Fibonacci level – specifically, the 0.786 retracement at $1.336. We saw a recent dip on May 28th, where the price fell to $1.278 before buyers managed to push it back up. Now, the big question is whether this $1.336 level will hold as support, or if it will act as resistance and send the price back down towards that previous low.
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Despite fluctuating prices in the crypto market, analyst Ali Martinez points out that ADA is currently trading around $0.232, which is below a key support level it’s held for several years.
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Such volatility paints a vivid tableau: a bill the crypto cabal had hoped would politely perch upon the Congressional floor before winter’s hush, now teeters on the precipice of oblivion.
On-chain analyst Specter was the first to shout, “Something’s fishy!” claiming the bridge’s signing keys might’ve been compromised – not the smart contract code, thank goodness. PeckShield chimed in with a similar “Yep, that’s a mess” and shared a breakdown of the stolen goodies.
Remember that brief moment of joy when Bitcoin flirted with $90K in May? Yeah, that was cute. Like a puppy chasing its tail, it was fun while it lasted. But then, as if on cue, the coin decided to take a nosedive back to the mid-$70Ks, dragging the adjusted Net Unrealized Profit/Loss (aNUPL) metric into the red like a toddler pulling a tablecloth. Spoiler alert: the china didn’t survive.
Out in the wild west of DeFi, a Circle compliance freeze rode into town, lassoing a Zama-linked confidential USDC wrapper contract. Seems the varmint behind the Overnight Finance hack had stashed his loot there, and the law didn’t take kindly to it.
A lawsuit filed in Texas federal court claims that Fuller ran their business using Privvy Investments LLC, also known as Privvy Investments and Gateway Digital Investments.