Currency Forecast

This coup d’état is a headline fit for modern society and an even bigger moment for Ripple, not to mention the stablecoin industry, which until now had all the gravitas of Monopoly money with slightly less fun.

The new wallet now has a balance of 708 million XRP, making it one of the biggest holders out there. And the sending address? Still has over a billion XRP, because who doesn’t need a little extra cash on hand 💸? At first, both wallets looked like they belonged to some mysterious, anonymous XRP mogul, but it turns out they’re linked to Uphold, a centralized platform with a lot of XRP in reserve 🤝.

Earlier this week, the Trump administration sent out letters to 14 countries, warning of higher tariffs on their export of goods to the U.S. starting on Aug. 1. The original 90-day pause on tariffs was set to expire on July 9. On Tuesday, Trump stated on Truth Social that the Aug. 1 deadline won’t be extended and new tariffs will go into effect on that day. But, let’s be real, has anyone ever seen Trump stick to a deadline? 🤔

The convergence of the 26 EMA and the 50 EMA, a scene of such significance, is akin to the moment when the plot thickens and the characters are forced to choose their paths. This convergence, a harbinger of declining volatility, often precedes a stronger directional move, much like the climax of a play. SHIB, with its current push into the resistance area, is like a hero finally overcoming the obstacles set by the antagonist, validating the change in momentum that traders have been observing with bated breath. 🎭

The market cap—like a foppish dandy—swelled prodigiously to $3.1 billion, an increase worthy of applause (or at least some arched eyebrows) at 14.2%.

The newly listed assets—Subsquid (SQD), Celestia (TIA), XYO (XYO), and Bittensor (TAO)—are now gracing the screens of New York users, both on the Coinbase app and web platform. Should these tokens not immediately appear, fear not, my dear crypto enthusiasts, a simple refresh of the app should do the trick. How delightfully convenient!

No big deal, they just want to snag 210,000 BTC by the end of 2027. (That’s right, 210,000. Not 209,999 because that would just look lazy.) If this happens, Metaplanet will become the second most overachieving Bitcoin hoarder in the corporate world, only trailing Strategy—which sounds more like a self-help seminar than a Bitcoin rival. Metaplanet’s already got 15,555 BTC sitting comfortably on its balance sheet, flexing so hard it just leapfrogged over Coinbase. Coinbase, consider yourself Coinbase’d. 💪💸

In stark contrast, several of the more sprightly altcoins have boasted rather impressive gains in the same interval. Notably, CRO, resembling a peacock in full plumage, soared by over 17% at one point, while LINK managed a respectable rise of 5%. It would appear that some are determined to bask in the limelight while others cling to the wall.

Traders everywhere looked a little less gloomy after the news. Seems Donald Trump’s Media & Technology Group wants to bundle up a whole basket of cryptocurrencies in a glittering new ETF. We’re talking BTC, ETH, SOL, XRP, and—wait for it—yep, CRO. Turns out, CRO isn’t just attending the party, it’s seated up front and nodding along like it planned this whole shindig.