Galaxy Digital raised $175 million to invest in crypto startups, mostly focusing on stablecoins and DeFi.

Galaxy Digital raises $175m for stablecoin and DeFi venture fund

XRP is showing all the signs of a move brewing, and the chart doesn&#8217;t lie. 
After a period of consolidation, price action is tightening, and technical 
indicators are flashing signals of an impending move. Whether it&#8217;s a surge to 
the upside or a sharp reversal, the setup is in place, and momentum is 
building. XRP looks loaded and ready to make its next move. Volume Remains 
Subdued — Calm Before The Storm? XRP price remains trapped inside a long- 
standing triangle, a pattern known for building pressure before sharp 
directional moves. The chart shows that sellers continue to push lower highs, 
compressing price action toward a support level. Related Reading: XRP Price 
Trades Sideways — Bulls Preparing for Next Push? Parshwa Turakhiya pointed out 
on X that the Exponential Moving Average (EMA) cluster between $2.17 and $2.23 
is the key breakout zone capping any upward momentum. A clean break above this 
range could trigger a bullish reversal. On the other hand, $2.09 is the last 
line of defense for the bulls. If this level fails, the structure breaks down, 
and XRP could swiftly drop to $1.85. Despite the building tension, the 
Relative Strength Index (RSI) remains neutral, which Parshwa Turakhiya 
describes as &#8220;the calm before the volatility storm.&#8221; The chart structure 
suggests that a move is imminent. With early July just ahead, Parshwa 
Turakhiya warns that a breakout or breakdown is coming, and it won&#8217;t be 
subtle. XRP is on the edge of eruption. Fabio Zuccara stated that Dr. Profit, 
known for his sharp and historically accurate calls on XRP at $0.15, $0.38, 
and $0.50, has now projected a new mid-term target of $4.00. In a weekly chart 
shared via social media, XRP is forming a bullish structure, with a green 
arrow projecting a continuation move to the upside. Zuccara outlined a crucial 
level for maintaining the bullish trajectory. This rebound adds strength to 
the outlook, suggesting that momentum is building in favor of the bulls. In 
the same vein, SquirtleCharts revealed that XRP&#8217;s 4-hour chart has mapped out 
a precise path toward $3.00 target, with several resistance levels standing in 
the way, and each level varies in difficulty. The first is $2.22, the easy 
one, a weak resistance point that XRP could clear without much effort. Next is 
$2.33, which SquirtleCharts labels as &#8220;a lot harder,&#8221; signaling a barrier that 
may require volume and conviction to break. The $2.48 level is &#8220;not too bad,&#8221; 
a moderate resistance area that might slow the rally but not be a roadblock. 
Finally, the $2.65 is the &#8220;pretty hard,&#8221; a zone where bulls may face 
challenges. Perfect Technical Structure Sets Stage For Explosive Breakout 
Massive move incoming for XRP. After a clean bounce off the $2.00 support 
level, the setup is aligning perfectly on the daily chart. Related Reading: 
XRP Pullback Nearly Complete—Next Stop: $8 To $12, Says Analyst Sara 
emphasizes that the chart structure looks flawless, with price action 
respecting critical zones and now coiling for an explosive breakout, with 
momentum building and bulls defending the support zone. The next target is 
$3.50; a breakout might happen fast. Featured image from Istock images, chart 
from tradingview.com

XRP Gears Up For Major Move — Chart Signals Are Clear

Created jointly with Flashblocks, World’s Priority Blockspace for Humans aims 
to ensure the best transaction speed for real humans.

World Chain launches tool to prioritize real humans over bots

Kraken’s decade of payment rails, licenses, and liquidity is now being 
repurposed into a consumer app that could challenge PayPal, Wise, and Cash App 
at their own game. According to an announcement on June 26, crypto exchange 
Kraken has rolled…

Kraken’s Krak aims for the pain points of PayPal, Venmo, and Cash App

Stocks are up as weak labor market may force the Fed to cut rates.

Dow Jones up 300 points as weak labor market fuels rate cuts bets

According to a report from Fortune, Galaxy Digital has raised $175 million for 
its first venture capital fund, exceeding its initial $150 million target. The 
final close was revealed Thursday, marking a significant expansion of the 
crypto firm’s startup investment strategy. Galaxy Venture Fund Raises $175M, 
Exceeding Target The fund, Galaxy’s first to accept outside […]