The launch of the EVM-compatible sidechain on the XRP Ledger could significantly enhance cross-chain DeFi, fostering broader blockchain interoperability. The post XRP Ledger launches EVM-compatible sidechain to unlock cross-chain DeFi appeared first on Crypto Briefing.

XRP Ledger launches EVM-compatible sidechain to unlock cross-chain DeFi

Bitcoin briefly pushed into the $108,800 level a few hours ago but was once 
again unable to reclaim higher prices, reinforcing the key resistance just 
below its all-time high. This rejection has left the market in a state of 
caution, with investors expecting increased volatility in the coming sessions. 
As BTC continues to hover below the $109,300 mark, traders are watching 
closely for signs of either a confirmed breakout or a potential pullback. 
Related Reading: Bitcoin Struggles Below ATH After Weeks Of Failed Attempts – 
$109K Level In Focus Adding a new layer to the current setup, top analyst Ted 
Pillows shared a notable development in Bitcoin dominance. According to 
Pillows, the Bitcoin Dominance chart is now showing a daily bearish 
divergence—a classic signal that often precedes a shift in momentum from 
Bitcoin to altcoins. This divergence occurs when BTC dominance trends higher 
while momentum indicators begin to weaken, suggesting that Bitcoin’s relative 
strength may be peaking. For altcoin investors, this could be an early signal 
of a shift. Historically, bearish divergences in dominance have lead to strong 
altcoin rallies, as capital begins flowing from BTC into higher-beta assets. 
While Bitcoin consolidates near resistance, attention may soon shift toward 
altcoins, setting the stage for a possible altseason. Bitcoin Consolidates As 
Charts Signal Altcoin Rotation Following the resolution of global tensions 
between the US, Israel, and Iran, Bitcoin surged above the $105,000 level, 
signaling renewed confidence across global risk markets. The move marked a key 
recovery from previous uncertainty, with BTC taking back critical support and 
shifting focus back toward the $110,000 resistance zone. However, despite the 
initial breakout, Bitcoin has struggled to push into uncharted territory. 
Price action remains choppy and directionless, with the market hesitating 
ahead of what many believe could be a decisive move. Analysts continue to call 
for a breakout, citing strong accumulation trends, improving macroeconomic 
conditions, and a bullish long-term structure. Yet the inability to break 
above the $109,300–$110,000 range raises concerns about weakening momentum. 
The longer Bitcoin remains capped below resistance, the more likely it is that 
capital may begin to rotate into other parts of the market. Top analyst Ted 
Pillows recently shared key insights supporting that thesis. According to 
Pillows, Bitcoin dominance is showing a daily bearish divergence—a classic 
sign of impending trend reversal. As BTC dominance climbs but momentum 
weakens, it suggests that Bitcoin’s recent strength may be fading, and a shift 
toward altcoins could be underway. Historically, bearish divergences in BTC 
dominance have often preceded sharp corrections in Bitcoin and explosive 
rallies across the altcoin market. As Bitcoin consolidates and its dominance 
loses strength, conditions may be forming for the next big altseason. While 
nothing is guaranteed, the combination of geopolitical relief, market 
indecision, and technical signals suggests that a sharp rotation could be 
close. Traders are now watching both BTC price and dominance levels closely, 
knowing that once momentum shifts, the move could be swift and powerful. 
Related Reading: Ethereum Sees $269M In Net Inflows In 24H – Bullish Momentum 
Accelerates ETH/BTC Chart Shows Signs Of Reversal The ETH/BTC weekly chart 
reveals a prolonged downtrend that has persisted since late 2022, with 
Ethereum consistently underperforming against Bitcoin. Since peaking above 
0.085 BTC in late 2022, the pair has steadily declined, now trading around 
0.0228 BTC—a level not seen since 2020. This confirms that Bitcoin has been 
the clear market leader for nearly two years, adding most of the capital 
inflow during bullish phases while altcoins, including Ethereum, lagged 
behind. However, current price action shows early signs that this trend may be 
nearing its end. ETH/BTC appears to have found a local bottom, just above the 
0.02 BTC zone, after a steep drop. Although the pair remains well below the 50 
(weekly), 100, and 200 moving averages, the selling momentum has clearly 
slowed, and volume has begun to stabilize. Related Reading: Ethereum Holds 
Critical Long-Term Channel – Next Move Could Be Parabolic This phase suggests 
that a swing could be forming. If Ethereum can reclaim higher support levels 
and Bitcoin dominance continues to show bearish divergence—as noted in recent 
market analyses—the ETH/BTC ratio could start trending higher once again. A 
rotation from Bitcoin into Ethereum and other altcoins may soon follow, 
potentially marking the beginning of a new phase in the crypto cycle where 
altcoins start to outperform. Featured image from Dall-E, chart from 
TradingView

Bitcoin Dominance Shows Bearish Divergence – Altseason Could Be Near

ZBCN is pulling back after a strong breakout and is now entering a major 
technical support zone. With the Golden Pocket, VWAP, and liquidity confluence 
aligning, a bullish reversal may be near. After establishing a new swing high 
through a…

ZBCN price nears bullish reversal zone after losing value area low

Avery Ching isn’t just shipping code anymore. The Aptos co-founder and CEO has 
been appointed to the CFTC’s digital asset panel, signaling a new era where 
those who build the infrastructure help shape its regulation. On June 30, 
Aptos Labs…

Aptos founder joins BlackRock, Goldman Sachs in shaping CFTC crypto’s rulebook

Bitcoin exchange-traded funds (ETFs) tallied their 14th consecutive day of net 
inflows, pulling in a massive $501 million. Ether ETFs also rebounded with a 
solid $77.45 million gain, led by Blackrock and Fidelity. ETF Inflows Power 
On: Bitcoin Rakes in $501 Million, Ether Adds $77 Million The floodgates 
remain wide open for U.S. spot bitcoin […]

Bitcoin ETFs Stay Hot With Half-Billion Dollar Inflow

Cardano’s price remained unchanged on Monday, capping a difficult month in 
which it dropped nearly 18%. Cardano (ADA) was trading at $0.565 on June 30, 
down 34% from its May high and 57% from its peak in November. The decline…