Author: altcoinvest

TL;DR On June 29, 2026, the Supreme Court blocked President Trump’s immediate removal of Fed Governor Lisa Cook, ruling that Governors serve staggered 14-year terms and are protected by “for cause” removal provisions of the Federal Reserve Act. The key caveat: Clarify that in a separate ruling on the same day (*Trump v. Slaughter*), the Court allowed the President to fire the head of the FTC at will, signaling that the Fed remains a strict exception. For traders, the story matters because it affects how capital, liquidity or confidence is being priced across crypto right now. For more details, visit…

Aaron breaks down one of the most critical levels for Bitcoin right now: the $59,200 short-term support zone. A daily candle close below that line could confirm a breakdown and push price even lower, with a valid bear flag still in play on the chart. At the same time, Aaron pulls up the Better Crypto Calendar to show why July has historically been one of the greenest months for Bitcoin and what that data could mean heading into the new month. 🤑 Sign Up Now for Exclusive Deals & Start Trading Today 🚀 🥇 Toobit: Trade to Earn up to…

Evernorth, a Ripple-backed XRP treasury firm, has published a report on RLUSD stablecoin and XRP. It underscores the growing influence RLUSD has had on activity on the XRP Ledger. It stated that the stablecoin is not a rival to XRP, but is being built to support it. Evernorth Explains How Ripple’s RLUSD Supports XRP The report states that RLUSD has become a major player in on-chain trading, liquidity, and transaction volume. Evernorth said that blockchain data does not support concerns of Ripple’s RLUSD replacing XRP, it is running on it. During 2026, the firm said that the percentage of all trading…

In XRP news today, David Schwartz, Ripple CTO Emeritus and co-founder of the XRP Ledger, has proposed a transaction reservation mechanism to prevent front-running and sandwich attacks on the protocol’s decentralized exchange. The proposal arrives as community discussion around the XRP Ledger’s payment infrastructure intensifies, and coincides with active community voting on the XRPL 3.2.0 upgrade. Schwartz’s proposal came with XRP USD trading at $1.04, down -0.2% on the day and dangerously close to losing the key technical and psychological support at $1, a level that, if lost, could see $0.80 revisited. Concerns have been raised about the possibility of…

Almost 1,700 UK investors are reportedly suing Binance and its founder Changpeng Zhao for 150 million British pounds ($200 million), alleging the crypto exchange offered and sold crypto derivatives without regulatory approval.The law firm representing the investors, KP Law, said Binance’s leverage tokens, futures contracts and options offerings breached the Financial Services and Markets Act 2000 and that these products continued to be offered after the Financial Conduct Authority banned such products from being offered to retail customers in January 2021.“There appeared to be no effective barrier preventing UK customers from accessing them,” the law firm said.Binance told Cointelegraph it…

The same section also noted Trump holding up to $250,000 in USD, up to $15,000 in the USDC stablecoin, more than $50 million in Ethereum’s ether (ETH), more than $50 million in bitcoin BTC$58,902.59 and a combined $6 million and change in various other cryptocurrencies under DT Marks Defi LLC, the Trump Organization-affiliated entity that has the stake in World Liberty.The president also disclosed a number of other crypto crypto holdings through CIC Digital LLC, a Trump Organization affiliated entity that is one of the two main owners of the president’s memecoin business, including:more than $50 million in bitcoin BTC$58,902.59$25…

Prediction markets platform Kalshi’s legal battle against Massachusetts will continue after a judge ruled that state authorities could add allegations against the company over sports betting.In a Tuesday filing in Suffolk County Superior Court, associate justice Peter Krupp allowed state authorities to file a 71-page amended complaint, building on a filing alleging that Kalshi engaged in sports wagering in violation of state laws. The amended complaint included allegations that Kalshi “targets those under 21 years of age and does little to stop them from using its platform,” citing the company’s marketing to university campuses and presenting images in ads of people…

TL;DR Large wallets and whales rotated capital out of high-risk altcoins into BTC and ETH, treating them as safe collateral during the altcoin leverage flush. The key caveat: Note that this is portfolio rotation rather than net new fiat buying; it indicates a risk-off rotation within the crypto asset class. For traders, the story matters because it affects how capital, liquidity or confidence is being priced across crypto right now. What Happened Whales Rotate Back To Bitcoin And Ethereum As Altcoin Risk Cools. The update comes from Tokenpost, with the core claim checked against Glassnode exchange flows / IntoTheBlock address…

After failing to maintain the recovery rally that peaked close to the 200-day moving average, Bitcoin is still under a lot of pressure. The longer-term bearish structure was validated by the $82,000 rejection, which also set off another wave of selling that drove Bitcoin back toward $58,000. The situation is still weak technically. Bitcoin is currently trading below the 50, 100, and 200-day moving averages, all of which are still declining. This alignment usually indicates that sellers are in control over a number of time periods. While RSI is close to oversold territory and has not produced a strong bullish divergence,…

The U.S. Commerce Department would have more authority to shield domestic artificial intelligence technology from the supply chains of foreign adversaries in a bill introduced Tuesday by two Republican senators who’ve been at the center of crypto legislation in this congressional session: Tim Scott and Bill Hagerty.The new bill would give Commerce the ability to block “transactions involving technology designed, developed, manufactured, or supplied by persons owned, controlled, or directed by foreign adversary countries.” But it’s being pushed by the two Republicans as this session of Congress is winding toward the summer break and midterm elections, leaving it little opportunity…