Risk assets would take a significant hit if Iran closes the Strait of Hormuz, a narrow waterway supplying 20% of the global oil trade.

Closing Strait of Hormuz is biggest risk to BTC price this weekend — Analyst

Dual Governance, a major update that will give stETH holders more control over 
important protocol decisions, has been formally approved by Lido DAO. The 
decision was confirmed on June 30 post on X by Lido, following a successful 
vote by…

Lido DAO approves proposal to introduce dual governance model

Eric Trump-backed cryptocurrency company American Bitcoin has raised $220 
million from private investors to purchase Bitcoin and expand its digital 
mining business. The news was disclosed in a June 30 filing reviewed by 
Bloomberg, which revealed that part of the…

Trump-linked American Bitcoin raises $220M to purchase Bitcoin and mining rigs

Crypto venture capital firm Pantera has launched what it calls a “Digital 
Asset Treasury” (DAT) fund to provide investors with exposure to the new and 
rapidly expanding sector of crypto treasury companies that hold large amounts 
of digital assets on their balance sheets. A curious phenomenon has arisen, 
whereby public companies that purchase crypto for […]

Pantera Launches First Digital Asset Treasury Fund

Bitcoin closed June at a record monthly high of $107,100 despite forming a 
spinning top candlestick pattern that suggests market indecision.

Bitcoin sets record monthly close at $107K as analyst tips 9% rally

Cardano price started a fresh decline from the $0.590 zone. ADA is now 
consolidating and might attempt a fresh increase above the $0.5820 zone. ADA 
price started a fresh decline below $0.5820 and $0.5750. The price is trading 
above $0.560 and the 100-hourly simple moving average. There is a key bullish 
trend line forming with support at $0.5640 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 $0.5560 support zone. Cardano Price Fails To Extend Gains In 
the past few sessions, Cardano saw a fresh decline from the $0.590 zone, 
unlike Bitcoin and Ethereum. ADA declined below the $0.580 level and trimmed 
most gains. The bears pushed the price below the 50% Fib retracement level of 
the upward move from the $0.5567 swing low to the $0.5902 high. The price even 
spiked below the $0.570 support but stayed above $0.5650. There is also a key 
bullish trend line forming with support at $0.5640 on the hourly chart of the 
ADA/USD pair. The trend line is close to the 76.4% Fib retracement level of 
the upward move from the $0.5567 swing low to the $0.5902 high. Cardano price 
is now trading above $0.5650 and the 100-hourly simple moving average. On the 
upside, the price might face resistance near the $0.5735 zone. The first 
resistance is near $0.5820. The next key resistance might be $0.590. If there 
is a close above the $0.590 resistance, the price could start a strong rally. 
In the stated case, the price could rise toward the $0.620 region. Any more 
gains might call for a move toward $0.6350 in the near term. More Losses In 
ADA? If Cardano’s price fails to climb above the $0.5820 resistance level, it 
could start another decline. Immediate support on the downside is near the 
$0.5640 level and the trend line. The next major support is near the $0.5460 
level. A downside break below the $0.5460 level could open the doors for a 
test of $0.5250. The next major support is near the $0.510 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 – $0.5640 
and $0.5460. Major Resistance Levels – $0.5735 and $0.5820.