Ripple’s RLUSD stablecoin will support the Dubai Land Department’s blockchain initiative to tokenize real estate title deeds on the XRP Ledger.

Dubai regulator greenlights Ripple’s RLUSD stablecoin

Cardano price started a fresh decline below the $0.70 zone. ADA is now 
consolidating and might aim decline further below the $0.650 zone. ADA price 
started a fresh decline below $0.720 and $0.700. The price is trading below 
$0.70 and the 100-hourly simple moving average. There was a break below a 
bullish trend line with support at $0.6840 on the hourly chart of the ADA/USD 
pair (data source from Kraken). The pair could start a fresh decline if it 
dips below the $0.650 support zone. Cardano Price Dips Further In the past few 
days, Cardano saw a fresh decline below the $0.750, unlike Bitcoin and 
Ethereum. ADA even declined below the $0.70 level to enter a bearish zone. 
Besides, there was a break below a bullish trend line with support at $0.6840 
on the hourly chart of the ADA/USD pair. The bears even pushed the price below 
the $0.70 level. A low was formed at $0.6626 and the price is now 
consolidating losses. Cardano price is now trading below $0.70 and the 
100-hourly simple moving average. On the upside, the price might face 
resistance near the $0.6720 zone. It is near the 23.6% Fib retracement level 
of the recent decline from the $0.7026 swing high to the $0.6626 low. The 
first resistance is near $0.6825 or the 50% Fib retracement level of the 
recent decline from the $0.7026 swing high to the $0.6626 low. The next key 
resistance might be $0.6920. If there is a close above the $0.6920 resistance, 
the price could start a strong rally. In the stated case, the price could rise 
toward the $0.7350 region. Any more gains might call for a move toward $0.750 
in the near term. Another Decline In ADA? If Cardano’s price fails to climb 
above the $0.6825 resistance level, it could start another decline. Immediate 
support on the downside is near the $0.6625 level. The next major support is 
near the $0.650 level. A downside break below the $0.650 level could open the 
doors for a test of $0.620. The next major support is near the $0.60 level 
where the bulls might emerge. Technical Indicators Hourly MACD – The MACD for 
ADA/USD is gaining momentum in the bearish zone. Hourly RSI (Relative Strength 
Index) – The RSI for ADA/USD is now below the 50 level. Major Support Levels – 
$0.650 and $0.620. Major Resistance Levels – $0.6825 and $0.700.

Cardano (ADA) Struggles Deepen: Price Slips Further, Investors on Edge

Mounting evidence is fueling bitcoiners’ belief that Elon Musk could be 
turning full-blown maximalist, as his moves increasingly align with BTC’s 
hard-money ethos. Bitcoin Narrative Strengthens: Elon Musk Backs Brian 
Armstrong in Warning on US Dollar Decline Tesla and Spacex chief executive 
Elon Musk gave fresh weight to speculation about a pro-bitcoin shift through 
two […]

Elon Musk Inches Closer to Bitcoin Maximalism Amid US Debt Alarm

Bitcoin is experiencing a short-term price decline. In the past 24 hours, the 
asset has fallen by approximately 9.3% to a trading value of $105,062. This 
pullback places Bitcoin roughly 8% below its all-time high recorded last 
month. The dip comes amid broader market volatility, but on-chain indicators 
and exchange data suggest deeper structural trends that may influence the next 
phase of Bitcoin&#8217;s price trajectory. Recent market analysis points to renewed 
accumulation among long-term holders, a spike in exchange withdrawals, and 
rising spot trading activity on Binance. These developments are being 
interpreted as signals of underlying strength despite recent price weakness. 
CryptoQuant contributor Amr Taha has provided a detailed breakdown of these 
emerging patterns, offering a perspective on how long-term dynamics may be 
shaping Bitcoin’s current market behavior. Related Reading: Bitcoin 3–5 Year 
Holders Slow Selloff—Waiting for Higher Prices? Binance Trading Volume Rises, 
Long-Term Holders Accumulate Since early June, Binance has seen its share of 
Bitcoin spot trading volume increase from 26% to 35%, positioning it more 
firmly as the dominant platform in the market. This increase in trading 
activity has occurred as Bitcoin approaches and tests key price levels. 
According to Taha, this surge may indicate renewed interest from retail and 
institutional traders alike, particularly as volatility draws more short-term 
market participants to major exchanges. In addition to exchange volume shifts, 
on-chain data reveals growing confidence among long-term Bitcoin holders. The 
Long-Term Holder (LTH) Net Position Realized Cap, a metric that reflects the 
value of coins held by entities with a holding period of over 155 days, has 
returned above $20 billion. Historically, this type of accumulation pattern 
has preceded periods of price expansion, as long-term investors tend to hold 
through corrections and avoid frequent selling. The rise in LTH realized cap 
suggests these entities are not exiting positions during this market dip, 
which may reduce available supply and support future upward movement. Bitcoin 
Large Exchange Withdrawals Signal Tightening Supply Beyond trading activity 
and holder behavior, Taha pointed out that another notable trend is emerging 
on centralized exchanges. Over a two-day period, Kraken and Bitfinex recorded 
net Bitcoin outflows exceeding 20,000 BTC, among the largest short-term 
withdrawals in recent months. Such movements are often interpreted as signals 
of investors shifting assets into self-custody, possibly in anticipation of 
long-term holding or strategic redeployment. Related Reading: Bitcoin Could Go 
‘Bananas’ If Price Closes Above This Level, Top Analyst Says Combined, the 
rise in Binance’s market share, increased LTH accumulation, and exchange 
outflows present a picture of a market undergoing structural positioning 
rather than widespread exit activity. While the short-term price trend 
reflects a pullback from recent highs, the simultaneous withdrawal of supply 
and steady long-term holder confidence could act as foundational elements for 
potential future growth. Featured image created with DALL-E, Chart from 
TradingView

Bitcoin Pullback or Setup? On-Chain Metrics Hint at What’s Coming Next

Bitfinex analysts tell Cointelegraph that Bitcoin could surge next month if US 
job data turns out to be weaker than expected.

Bitcoin eyes $115K by July, but strong US job data to threaten rally: Analysts

Ukrainian police claimed the man’s actions caused a server hosting company to 
suffer losses estimated at over $4.4 million.