Despite the massive sale, ARK remains the eighth largest Circle holder.

Cathie Wood's ARK dumps $146M in Circle amid share surge

XRP’s on-chain metrics are reportedly painting a foreboding picture for its 
price outlook, as data shows a steep 80% decline in new wallet creation over 
the past five months. This drop in network activity has sparked divided 
opinions between two expert analysts, with one casting doubts on XRP’s ability 
to reclaim the $3 mark, and the other rejecting such bearish predictions. XRP 
Price Surge To $3 Stalled In a recent X (formerly Twitter) post, crypto 
analyst the ‘Coin Bureau’ highlights that XRP’s momentum appears to be fading 
fast as new on-chain data from Glassnode reveals a staggering 80% drop in 
wallet creation since January 2025. This sharp decline in network activity and 
growth has led the analyst to claim that the XRP price is unlikely to revisit 
the $3 level anytime soon. Related Reading: Bitcoin Nears Climax, But A Twist 
Awaits—Analyst Reveals Key Insight At the height of XRP’s 2024 rally, both its 
price and user activity surged in tandem. During that time, new wallet 
addresses soared to nearly 30,000 per day in November, coinciding with a sharp 
rally that sent the token’s price surging close to $3. However, the explosive 
rally proved short-lived, as momentum faded and prices have since reversed. As 
of mid-June 2025, Glassnode chart shows that new wallet creation has fallen 
drastically to around 2,000-5,000 per day, while daily active addresses 
plunged from 577,000 to just 34,000. XRP’s price, meanwhile, has settled just 
above $2 and has remained largely range-bound, failing to show signs of a 
sustained breakout. According to Coin Bureau, this significant drop in on- 
chain engagement indicates that interest in XRP may have dried up, removing 
one of the key drivers behind its previous rally. Without new users entering 
the ecosystem or existing ones increasing XRP’s on-chain activity, the analyst 
warns that the conditions necessary for an immediate $3 price reclaim aren’t 
present. Analyst Debunks Bearish Forecast While Coin Bureau’s data paints a 
picture of declining interest and slow price growth, one crypto expert, known 
as Moon Lambo on X, has pushed back against the bearish narrative. He argues 
that XRP’s network activity actually reflects growing strength and long-term 
confidence. The chart presented by the analyst, covering wallet creation data 
from June 2024 to June 2025, shows an undeniable spike in network activity 
between November and early January—a surge that peaked during a period of 
heightened market enthusiasm following the US elections. As the post-election 
euphoria faded and investor sentiment cooled off, XRP’s on-chain metrics, like 
daily new account creations, naturally returned to lower levels. Moon Lambo 
indicates that this drop does not reflect weakness in the XRP ecosystem, as 
Coin Bureau claimed. The analyst argues that the decline in activity was a 
healthy correction that occurred right after an abnormal spike in activity 
driven by macro excitement, and not a reflection of any breakdown in XRP’s 
fundamentals. To further support the bullish thesis, Moon Lambo pointed out 
that Google Trends shows that search interest in Bitcoin has declined 
significantly, confirming that the lull in on-chain activity is not exclusive 
to just XRP but reflective of a broader market cool-off. Related Reading: 
Dogecoin Breaks Free—Could Soar 60%, Analyst Says Rather than declining 
interest, as Coin Bureau suggests, Moon Lambo indicates that XRP is 
maintaining relevance and attracting steady new engagement even during quieter 
market conditions. Featured image from Unsplash, chart from TradingView

XRP On-Chain Activity Down 80% In 5 Months, Experts Argue Bullish/Bearish Implications

Bitcoin is projected to hit $1 million per coin as Robert Kiyosaki warns of 
looming economic collapse, positioning the cryptocurrency as the ultimate 
defense against financial disaster. With Crisis Looming, Robert Kiyosaki Views 
Bitcoin Holdings as Defense Against Currency Collapse Robert Kiyosaki, author 
of the best-selling book Rich Dad Poor Dad, has once again shared […]

Robert Kiyosaki Doubles Down on $1M Bitcoin, Advises What Truly Matters About Owning BTC

Since hitting a new all-time high almost a month ago, Bitcoin has done little 
to assure investors of intent to explore new price territories. Amid 
announcement of new US trade tariffs and rising geopolitical tensions between 
Israel and Iran, the premier cryptocurrency has come under bearish influences 
to trade as low as 101,000. At press time, Bitcoin is hovering near $104,000 
following a 2.03% % decline in the past day. However, popular analytics 
company Glassnode has highlighted a crucial price range worth monitoring 
especially in the advent of a further price decline. Related Reading: Bitcoin 
Sees Modest Gains, But Demand Weakness Limits Breakout Potential 
$95,500–$97,000: Bitcoin’s Line In The Sand In a recent X post, Glassnode 
shares an insight into the Bitcoin market based on data from Cost Basis 
Distribution (CBD) heatmap. The CBD is a common on-chain metric that tracks 
the price levels at which tokens were last purchased or sold. When a 
substantial amount of coins are traded within a specific price range, it forms 
a supply cluster capable of acting as a support or resistance level. According 
to Glassnode’s report, the Bitcoin’s CBD heatmap shows the first dense supply 
cluster below the current market price lies at $95,500 &#8211; $97,000 price zone. 
Interestingly, this range rests just below the short-term holders (STH) cost 
basis suggesting a confluence of technical and on-chain metric to present a 
high-stake battleground. Therefore, Glassnode analysts explain that holding 
the market price above this threshold reinforces bullish momentum and boosts 
Bitcoin chances of re-entering a price discovery mode. However, a breakdown 
below the $95,500 price level could trigger panic selling supporting bearish 
projections for the mid-term to short-term. Interestingly, prominent market 
analysts including anonymous X expert with username Mr. Wall Street has backed 
the latter scenario stating Bitcoin is due for a further price drops. Mr. Wall 
Street strictly warns Bitcoin would not hold above the $100,000 psychological 
support zone forecasting a price fall to around the $93,000 &#8211; $95,000 which 
Glassnode predicts should induce widescale market liquidations. Related 
Reading: BNB Price Breakout Could Trigger ATH Rally Repeat – Is $730 The Next 
Stop? Bitcoin Market Overview At the time of writing, Bitcoin is trading at 
$103,753 with a cumulative 1.27% decline in the past week. During this period, 
the flagship cryptocurrency remained largely under $106,000 barring a weak 
price breakout between June 16 and June 17. On a monthly scale, Bitcoin has 
now recorded a 6.10% loss, signaling a gradual shift in momentum with bearish 
forces regaining control of the market. Meanwhile, with a market cap of $2.05 
trillion, the &#8220;digital gold&#8221; continues to rank as the largest cryptocurrency 
with a reported market dominance of 64.3%. Featured image from Pexels, chart 
from Tradingview

Bitcoin CBD Heatmap Marks $95,500–$97,000 As Make-Or-Break Zone – Details

The airstrikes heighten geopolitical tensions, potentially destabilizing the 
region and impacting global markets and cryptocurrency volatility.
The post Trump announces US airstrikes on Iranian nuclear sites, Bitcoin 
dumps, then pumps appeared first on Crypto Briefing.

Trump announces US airstrikes on Iranian nuclear sites, Bitcoin dumps, then pumps

After U.S. President Donald Trump announced that the United States had carried 
out a successful airstrike in Iran, bitcoin’s value recoiled, dipping to 
$100,945 per coin. $40B Gone in Hours: Bitcoin Falters After U.S. Airstrike on 
Iran At the time of writing, BTC is trading higher following Trump’s latest 
remarks on the escalating conflict between […]