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XRP and XLM are once again drawing attention as their long-standing price correlation fuels expectations of a potential recovery rally. If history repeats itself, the recent move in XLM could signal that XRP is preparing for a bullish breakout of its own, potentially reigniting confidence across the broader XRP ecosystem.  Could XLM’s Breakout Be The Catalyst For XRP’s Next Rally? Crypto analyst Bird highlighted a compelling structural possibility for XRP, suggesting that if it mirrors the powerful weekly candle recently delivered by XLM, a rapid ascent above the $2 threshold could be imminent. This move would serve as a vital marker, effectively invalidating the recent bearish trend and signaling a new phase of accelerated growth for the asset. Related Reading: XRP ...

The Senate Banking Committee voted to advance the CLARITY Act in May, but it must still pass both chambers of Congress before heading to the president's desk.

SpaceX's IPO could reshape market dynamics, highlighting its strategic role in U.S. space capabilities and boosting investor confidence.
The post SpaceX targets $1.8T valuation for 2026 IPO debut appeared first on Crypto Briefing.

The Bitcoin network received a fresh difficulty bump this week at block height 951552, with the protocol dialing things up by 1.72%. Meanwhile, the network’s hashrate kept flexing its muscles, climbing past the 1,000 exahash per second (EH/s), or 1 zettahash per second (ZH/s) threshold. Bitcoin Difficulty Nears 139 Trillion and Sees Industry Transformation Bitcoin’s […]

Stable job growth and unemployment may delay Fed rate cuts, but declining labor participation could signal underlying economic challenges.
The post US jobs report set to reveal solid growth and steady unemployment rate appeared first on Crypto Briefing.

Iran's control over the Hormuz Strait could escalate regional tensions, impacting global oil supply and maritime security dynamics.
The post Iran reasserts control over Hormuz Strait amid US tensions appeared first on Crypto Briefing.

The crypto market seems to be returning to its bearish structure as the year’s second quarter has worn on, with large-cap assets taking most of the hit in the past few weeks. With this grim market backdrop, the XRP token has lost nearly 10% of its value over the last two weeks. What’s interesting is, despite its disappointing recent form, the altcoin is being earmarked as one of the assets overvalued by the market in the moment. According to the latest on-chain data, the XRP token could witness a repricing over the coming weeks. NVT Ratio Climbs 20% In A Single Week In a Quicktake post on the CryptoQuant platform, CryptoOnchain hypothesized that XRP appears to have entered the “overvalued” territory. The market analyst said that the altcoin is exhibiting increasing d...