Data trackers everywhere cried into their spreadsheets when Ripple fired off 200 million XRP (that’s a lot of zeroes, folks! 💸) to—let’s be honest—probably someone’s second cousin’s nephew’s turtle. XRP holders, meanwhile, are sweating like it’s July in Miami, wondering: “Why now?”
And get this, the X platform didn’t even bother to give a solid reason for the suspension. Just a big ol’ shrug. But according to Coinpedia, it was probably because someone decided to play fast and loose with the rules. Shocking, right? In the world of crypto, who would’ve thought? 🙄
Alas! Bitcoin has dropped by $103,500, as traders prudently cut risk ahead of tomorrow’s FOMC decision. How very cautious of them!
Storm was put on trial on July 2, 2025, on charges related to Tornado Cash, a software protocol that allows transactions on the Ethereum blockchain to be conducted privately. Prosecutors are accusing him of enabling more than a billion dollars in illegal funds. According to Paradigm’s brief, the jury must understand that to find Storm guilty, they need evidence that he charged fees, controlled funds, and knowingly dealt with criminal proceeds. Because, you know, being a software developer is just like being a bank robber, right? 🤷♂️
Bitcoin (BTC) is currently sitting pretty at $103,430, down 3.8% today and almost 5% for the week. That’s a lot of red for something that was just flexing above $107,000. What happened, Bitcoin? You were doing so well! Looks like it’s lost some of its charm, and its short-term support levels are like that friend who says they’re going to the gym but never actually shows up.
Other strong performers included:
Historically, this zone has been the cozy home of Bitcoin [BTC] cycle tops. In the glorious past of three all-time highs, this peak of sentiment danced hand in hand with tightening liquidity and supply consolidation, pushing BTC into a delightful state of overheating. 🔥
According to Naveen Mallela, an executive at Kinexys (JPMorgan’s clandestine blockchain lair where people say things like “sovereign liquidity” without giggling), a fixed amount of the imaginatively titled JPMD deposit tokens will soon be flung across cyberspace like digital bread rolls—directly onto Coinbase, the crypto exchange that wishes it ran the world, but settles for running a really big spreadsheet.
With a cornucopia of over 270 cryptocurrencies—think Bitcoin, Ethereum, and Tether—trading has never been more tantalizing. And let’s not forget the 60+ crypto-to-euro trading pairs, all served on a platter of deep liquidity and low fees. Depositing and withdrawing Euros? A breeze, thanks to the Single Euro Payments Area (SEPA) and other local payment options. Who knew finance could be this easy? 💸
For three days, Bitcoin had been compressed like a soda can under pressure around $105k. Traders were bracing for another crash, like early June’s disaster where BTC fell to $100,424.
