The Top 5 #Crypto News Stories for the last 24 hours, as of June 30th 2024:    

👉 #Bitcoin maximum pain point: Santana’s analysis revealed that the support range for Bitcoin’s upcoming drop termed the “maximum pain point,” lies between the Fibonacci retracement levels of 0.618 and 0.786. This range is calculated based on the latest bullish wave, indicating a broader view of the market movements.

👉 @Ripple Notches Massive Wins as CEO Brad Garlinghouse Clarifies XRP’s Security Status: The fiasco began following a ruling by Judge Phyllis Hamilton of the US District Court for the Northern District of California, which threw out a class action suit against the issuers of the XRP token. While considered a massive win for Ripple Labs, the judge allowed an individual state law claim to proceed to trial based on alleged “misleading statements” made by Garlinghouse in 2017.

👉 As @dogecoin large holders exit, THIS will be the effect on $DOGE future: Dogecoin’s [DOGE] large holders netflow has decreased by a staggering 311% in the last seven days, indicating that pressure could be on the price. For context, large holders are addresses holding about 0.1% of the total circulating supply. Because this group owns a substantial amount of funds, they significantly impact price.

👉 #Crypto Market Braces for $3 Billion Token Unlock Wave in July: As July nears, the crypto market anticipates a significant wave of token unlocks, with projects set to release around $3 billion worth of assets. Token unlocks involve gradually releasing coins to prevent early investors or team members from selling large amounts quickly.

👉 Mt.Gox Mulls Release of 140,000 BTC In July, Threatening To Sink The Bitcoin Price Even Further: Defunct cryptocurrency exchange Mt. Gox has confirmed that creditors will begin receiving their funds in July following years of horse trading with bankruptcy proceedings. According to available reports, 142  $BTC are expected to be returned to creditors as early as next week, with investors watching the horizon with bated breaths.
#Crypto #Bitcoin