South Korea’s newly elected president Lee Jae-myung reportedly promised to reduce crypto trading transactions as part of his presidential campaign.

South Korea to investigate fees by local crypto exchanges

X, formerly Twitter, is looking to enhance its “super app” credentials with 
the rollout of in-app investment and trading features. According to a report 
by the Financial Times, the social media platform, which has gained 
significant traction since Elon Musk…

Musk’s X to offer investment and trading in ‘super app’: report

For wealthy clients tired of letting Bitcoin sit dormant, Arab Bank 
Switzerland has a solution: an actively managed yield product built on XBTO’s 
institutional-grade strategy. According to a press release shared with 
crypto.news on June 19, XBTO has partnered with…

XBTO targets Swiss crypto elite with Bitcoin yield strategy

The cyberattack on Iranian crypto exchange Nobitex has gone from bad to worse, 
as hackers deliver yet another major blow. Gonjeshke Darande, the hacker group 
behind the breach on the Nobitex exchange, took to Twitter on Thursday to leak 
what…

Nobitex hackers leak full source code after $100m crypto heist

Bitcoin may be boring this Juneteenth holiday, but market commentators are 
already preparing for BTC price conditions to get volatile again.

Here's when Bitcoin analysts expect new BTC price volatility

Crypto analyst XForce has again alluded to the 5-Wave count to show when the 
XRP Price is likely to hit a new all-time high (ATH) above $5. As part of his 
analysis, the analyst also declared that there is no reason to be bearish on 
the altcoin at the moment. XRP To Rally Above $5 Based On 5-Wave Count In an X 
post, XForce shared an accompanying chart that showed that XRP could rally 
above $5 on the Wave 3 impulsive move to the upside. The altcoin could even 
rally to double digits and touch $13 on this move. The chart also showed that 
XRP will reach this target by year-end or early next year. Related Reading: 
XRP To End 7-Month Consolidation After 700% Surge – Is A Major Move Coming? 
Based on the 5-Wave count, XRP will then witness a price correction to around 
$5 on Wave 4 before it then rallies to around $25 on Wave 5, an impulsive move 
to the upside. XForce is confident that the current price action is going 
according to plan. He noted that the macro direction was met with very little 
margin of error. Furthermore, the crypto analyst remarked that everything from 
the Wave 4 triangle breakout to the anticipated 1 to 2 pullback following the 
5-wave impulse followed the blueprint. In line with this, he declared that 
there is no valid reason to adopt a bearish stance unless the market 
invalidates the bullish case for XRP. XForce also affirmed that XRP is within 
the bounds of the same two scenarios but that the ultra-bullish scenario of a 
rally to double digits is gaining more credibility by the day. The more 
conservative scenario for the altcoin is a rally to $4, which could still mark 
a new all-time high for XRP. The analyst earlier declared that all scenarios 
on the medium timeframe still show the altcoin reaching a new ATH in this 
market cycle. XRP Consolidation Has Reached Its Peak In an X post, crypto 
analyst CasiTrades stated that the XRP consolidation has finally reached its 
apex and that something big is coming next. She remarked that the altcoin 
could either record an explosive breakout or see one final sharp drop to 
support that ignites a breakout. Either way, XRP looks likely to rally to the 
upside soon. Related Reading: XRP Price At $27: Guardian Arch Formation 
Predictions 1,000% Move CasiTrades stated that the XRP price continues to 
struggle with the $2.25 level. As long as this level remains resistance, she 
claimed that it increases the likelihood of the altcoin dropping to support 
levels at $2.01, $1.90, and even $1.55. However, the analyst declared that 
these aren’t bearish targets but momentum zones, where the market grabs the 
liquidity it needs to build momentum for Wave 3. At the time of writing, the 
XRP price is trading at around $2.16, down in the last 24 hours, according to 
data from CoinMarketCap. Featured image from Getty Images, chart from 
Tradingview.com