🌅 Crypto Faces Legal Heat, Network Shifts, and Summer Bull Hopes
⚡ CryptoTrendz - 📌 What’s Buzzing?:
Ethereum’s health impresses as rivals steal social buzz. TRX eyes a summer run, while BONK slips past support. Chainlink dips near $12.50, and ARK exits $146M in Circle. Bitcoin eyes $95.5K–$97K as key zone, with ETF hopes rising and supply trends turning historic. ✨Let’s explore a little:
🔖 XRP & Ripple Updates:
🔹XRP daily new addresses have plunged 80% in 2025, raising concerns over bearish on-chain metrics (Source).
🔹Experts debate whether this drop signals bullish or bearish times ahead (Source).
🔹The network’s activity downturn over five months adds to the uncertainty (Source).
🔹Market watchers are closely monitoring for signs of recovery or further decline (Source).
🔖 Bitcoin Insights:
🔹Bitcoin’s CBD heatmap highlights $95,500-$97,000 as a crucial zone for price action (Source).
🔹Sell-offs are triggered by price breakdowns, with analysts eyeing $92,800 as a key support (Source).
🔹Samson Mow is advocating for Bitcoin adoption across Europe, recently receiving an invite to France (Source).
🔹Meanwhile, Norway is intensifying its crackdown on Bitcoin mining operations (Source).
🔖 Altcoin & DeFi Trends:
🔹Chainlink faces bearish pressure as volatility looms, with prices nearing $12.50 (Source).
🔹TRON (TRX) is building a bullish case as Fibonacci levels align for a summer rally (Source).
🔹Cardano’s golden cross flip isn’t imminent, with technical indicators suggesting more patience is needed (Source).
🔹Bonk breaks a key support, raising concerns about deeper corrections ahead (Source).
🔖 Ethereum & Layer-1s:
🔹Ethereum’s network health is robust, even as rival layer-1s grab social media buzz (Source).
🔹Despite this, $312M in ETH moved on Coinbase as Ethereum’s price trends red (Source).
🔹Shiba Inu continues its deflationary streak, with over 589 trillion SHIB still in circulation (Source).
🔹The ecosystem is closely watched for upcoming shifts in sentiment (Source).
🔖 Regulatory, Institutional & Platform News:
🔹Pump.fun’s major launch faces delays due to legal issues (Source).
🔹Cathie Wood’s ARK divested $146M in Circle after a surge in share prices (Source).
🔹The CLARITY Act’s inclusion in the GENIUS Act is being questioned by Senator Hagerty and analysts (Source).
🔹South Korea is moving closer to approving spot Bitcoin ETFs, boosting regulatory optimism (Source).
🔖 Market Sentiment & Macro Trends:
🔹Stablecoin wars heat up as Peter Schiff promotes gold-backed digital assets (Source).
🔹Bitcoin’s ancient supply now surpasses new issuance, a historic first per Fidelity Digital Assets (Source).
🔹The crypto space sees red flags as Bollinger Bands warn of a potential bull trap (Source).
🔹Former SpaceX manager secures $4.2M for Stackup, focusing on user safety in crypto platforms (Source).