XRP price has been rallying in the aftermath of Ripple&#8217;s stablecoin approval from Dubai Financial Services Authority, integrating it into the region&#8217;s payment platform. At press time, XRP (XRP) price has been on the rise since the announcement first aired.…

XRP price rallies after getting Dubai approval for RLUSD stablecoin

US authorities seized 145 domains and crypto linked to BidenCash, a dark web 
market accused of selling millions of stolen credit cards.

US seizes 145 domains, crypto linked to BidenCash dark web market

California lawmakers recently passed a bill that would allow the state to 
&#8216;seize&#8217; cryptocurrency in traders&#8217; exchange accounts that have remained idle 
for three years. The new law has sparked debate among worried traders. On June 
4, the California House…

Here’s why California House’s approved bill that ‘seizes’ dormant crypto is sparking debate

ZORA, the native token of the Zora network, may be headed for a short-term 
correction, with technical indicators flashing bearish signals. According to 
data from crypto.news, Zora (ZORA) surged by 28% to hit an intraday high of 
$0.0128 on June…

ZORA could drop 15% as bearish technicals emerge

Cointelegraph, the world’s largest cryptocurrency and blockchain news outlet, 
has announced a strategic media partnership with FINTECH.TV, a global media 
platform, to amplify industry coverage through streaming and television 
broadcast channels.

Cointelegraph and FINTECH.TV  partner to amplify global cryptocurrency industry coverage

On-chain data shows the large Bitcoin investors have added to their holdings 
in the past week, a sign that could be bullish for BTC&#8217;s price. Bitcoin 
Investors With 10 To 10,000 BTC Have Added To Their Holdings In a new post on 
X, the on-chain analytics firm Santiment has talked about the latest trend in 
the Bitcoin supply held by the 10 to 10,000 BTC investors. The on-chain 
indicator of relevance here is the &#8220;Supply Distribution,&#8221; which tells us about 
the total number of tokens that a particular wallet group is carrying right 
now. Related Reading: Bitcoin ATH Fails To Hype Retail—Demand Is Actually Down 
Addresses or investors are placed into these cohorts based on the size of 
their balance. For example, the 1 to 10 coins group includes all holders 
owning between 1 and 10 tokens of the cryptocurrency. In the context of the 
current discussion, the groups lying inside the 10 to 10,000 BTC range are of 
interest. This wide range includes some of the key holders of the sector like 
the sharks and whales. These investors own significant holdings, so their 
behavior can often be worth keeping an eye on. Now, here is the chart shared 
by the analytics firm that shows the trend in the Bitcoin Supply Distribution 
of the 10 to 10,000 BTC holders over the last few months: As is visible in the 
above graph, the Bitcoin supply held by the 10 to 10,000 BTC investors has 
registered a significant jump over the past week, implying this group has 
purchased a net number of coins. More specifically, the members of the cohort 
have collectively added 79,244 BTC to their wallets in this period. At the 
current exchange rate, this amount converts to a whopping $8.3 billion. 
Related Reading: Bitcoin 3–5 Year Holders Slow Selloff—Waiting for Higher 
Prices? From the chart, it&#8217;s visible that this accumulation from the key 
investors has arrived while BTC has been going down after forming a new all- 
time high (ATH). This could be a potential indication that these holders still 
believe in the rally and see this drawdown as just a dip opportunity. That 
said, the 10 to 10,000 range is a bit wide, so while it does include the big- 
money investors, it also mixes up their behavior with some of the less- 
significant hands. Fortunately for Bitcoin, it would appear that the whales 
(1,000 to 10,000 BTC) agree with this trend of buying, as the chart shared by 
analyst Ali Martinez implies. As displayed in the graph, the whales of the 
cryptocurrency have added around 30,000 tokens to their holdings during the 
past few days, meaning that it&#8217;s not just the mid-sized hands buying this dip. 
BTC Price At the time of writing, Bitcoin is floating around $105,200, down 
over 2% in the last seven days. Featured image from Dall-E, Santiment.net, 
chart from TradingView.com