Bitcoin price absorbed a huge body blow and bearish prediction, and stayed on its feet. BTC forced to fall under $60,000 after a 3% daily drop while Ethereum slid harder, down by more than 5% to around $1,510, and neither coin is anywhere close to where options market makers wanted them.

Friday’s Deribit expiry ranked as the quarter’s largest options event, with $10.63 billion in combined BTC and ETH notional contracts settling in a single session. Bitcoin’s slice came in at $9.06 billion across 92,154 calls and 57,652 puts, against Ethereum’s $1.57 billion.

Our analysts flagged that puts continue to command a meaningful premium over calls across all major tenors, with Bitcoin’s 25-delta skew printing -10.7% at one day and -11.3% at seven days. That skew confirms traders were paying for downside protection heading into settlement, instead of chasing upside.

Now that the expiry has cleared and positioning resets, where will Bitcoin go next?

Discover: The Best Crypto to Diversify Your Portfolio

Bitcoin Price Prediction: $70,000?

Bitcoin trades at $60,000, or about 14% below the $70,000 max-pain level. However, the gap is not only about options positioning, but selling pressure also stayed firm after the recent expiry, while buyers failed to trigger a meaningful rebound.

For now, the key area sits between $58,000 and $60,000. Holding that range would keep the recent pullback under control. On the upside, Bitcoin faces resistance near $63,000 to $65,000, with a stronger ceiling around $67,000 and $68,000.

If support remains intact, price could gradually work its way back toward $65,000. That would suggest sellers are losing momentum. A stronger move higher would likely require fresh demand and improving market sentiment.

Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit

The most likely outcome remains consolidation. Bitcoin may continue moving between $58,000 and $63,000 as traders wait for the next catalyst. Until then, price action could stay uneven and directionless.

A drop below $58,000 would weaken the near-term outlook. In that case, the next major support sits near $54,000. Meanwhile, Ethereum has fallen faster than Bitcoin recently, showing that risk appetite across crypto remains fragile. 21% below its $2,000 max pain level suggests its options positioning was even more out of whack, and it may lag any BTC recovery attempt.

Discover: The Best Token Presales

Bitcoin Hyper Draws Early-Stage Interest as BTC Tests Critical Support

Bitcoin at $60,200 with a negative skew and macro headwinds is a tough spot for spot holders. The upside to max pain is real but not guaranteed on any near-term timeline. That gap between where BTC needs to go and where it actually trades is exactly the kind of environment where early-stage infrastructure plays start attracting rotational capital looking for asymmetric exposure.

Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin Layer 2 with full Solana Virtual Machine (SVM) integration, targeting the core limitations that have historically kept BTC sidelined. It addresses BTC from the smart contract ecosystem: slow transactions, high fees, and limited programmability.

The presale has raised closer to $33 million at a current price of $0.0136, with staking available at high APY for early participants. The architecture pairs a decentralized canonical bridge for BTC transfers with extremely low-latency execution. The pitch is faster smart contract performance than Solana’s, while inheriting Bitcoin’s security layer.

Research Bitcoin Hyper’s presale details here.

The post Bitcoin Price Prediction: Post Deribit Settlement, BTC Survived the Selling Wave appeared first on Cryptonews.

Source link

The post Bitcoin Price Prediction: Post Deribit Settlement, BTC Survived the Selling Wave appeared first on CryptoPlanetNews.

In the latest Cardano news, Cardano (ADA) price is trading at approximately $0.1480, down 1% in the last 24 hours, and sitting roughly 95% below its September 2021 all-time high of $3.09. That’s not a typo.

The Leios Musashi Dojotestnet went live on June 23, a genuine scaling milestone, and the chain barely blinked. Daily transactions held near 25,000, in line with a three-month average, with active staking addresses hitting a 120-day low of around 5,000 on June 21 against a prior norm of 7,000–8,000.

The one transaction spike worth flagging came June 4–5, when daily volume jumped above 60,000, but that aligned directly with a sharp sell-off, pointing to liquidation activity rather than fresh adoption.

Charles Hoskinson’s public comments about potential “ecosystem failures” and a temporary project pause compounded the negative sentiment, helping push ADA below $0.20 for the first time since 2020.

Governance friction, including backlash over a Discord migration proposal and calls for leadership changes, has added another layer of uncertainty that pure technical analysis can’t price away.

The broader altcoin market context makes the setup even more precarious: BTC has softened, macro headwinds persist, and capital rotation out of mid-cap alts has been aggressive. Whether ADA’s current tight range resolves as capitulation or continuation is the question every ADA holder is sitting with right now.

Cardano News: Can ADA Price Recover From $0.14 Support or Is a Fresh Low Ahead?

ADA’s technical picture is compressed. Price is consolidating between $0.148 support and $0.172 resistance, a tight band after a steep breakdown from the $0.20 to $0.25 range.

Market cap sits near $5.58 billion against a circulating supply of roughly 37.24 billion ADA. Even modest buying pressure can move ADA price right now, but sustained volume is absent.

If $0.14 holds, exchange outflows sustain accumulation pressure, and a macro risk-on shift lifts altcoins broadly, ADA retests $0.172 and potentially $0.20 on momentum.

If neither side takes control, price grinds sideways through the summer in this corridor, with the 2026 mainnet target for Leios providing a longer-term catalyst that keeps capitulation buyers engaged but limits near-term upside.

A breakdown through $0.148 on volume opens a much weaker technical picture, with the next meaningful reference sitting well below current levels and a structural break from multi-year support shifting the chart narrative decisively negative.

The real tension is the divergence between exchange outflows and on-chain engagement. Buyers appear present at current levels. They are just not building anything on the network yet. That gap needs to close before any recovery gains real credibility.

Watch $0.148 closely. It is doing a lot of structural work right now.

Maxi Doge Dosen’t Promise You Anything: But It Could 1000X

ADA’s risk-reward at current levels is a genuine debate. Even in the bull case, recovering from $0.15 to prior cycle highs requires the kind of capital inflow that broad altcoin markets haven’t delivered in months.

That calculus is pushing a segment of active traders toward earlier-stage positions where entry price asymmetry is still intact, before a project reaches the liquidity constraints of a $5 billion market cap.

Maxi Doge ($MAXI) is one presale drawing that is drawing attention. Built on Ethereum (ERC-20), it positions itself around a meme-first trading culture, 1000x leverage mentality, gym-bro viral marketing, holder-only trading competitions with leaderboard rewards, and a Maxi Fund treasury allocated to liquidity and partnerships (the tagline is “never skip leg-day, never skip a pump,” which is either ridiculous or perfectly calibrated for its target audience, probably both).

The project has raised $4,811,876.93 at a current presale price of $0.0002825, with dynamic staking APY available for participants. For context on how meme coin dynamics play out post-launch, the Dogecoin cycle offers a reference point this category continues to benchmark against.

Presales carry real risk, liquidity post-launch is never guaranteed, and meme token markets are unforgiving if momentum stalls. DYOR before committing capital.

Research Maxi Doge

The post ADA Just Launched a Major Scaling Testnet And the Network Barely Noticed at $0.148 appeared first on Cryptonews.

Source link

The post ADA Just Launched a Major Scaling Testnet And the Network Barely Noticed at $0.148 appeared first on CryptoPlanetNews.

Australian lawyer and prominent XRP community commentator Bill Morgan has been in the news headlines as he called on Ripple to relock less of its monthly 1 billion XRP escrow release. According to Morgan, accelerating the path to full circulating supply would establish XRP as a credible hard money asset and eliminate the supply overhang that continues to weigh on sentiment.

The argument is not new in outline, but the specifics of Morgan’s framing push it into sharper territory, and Ripple’s own CTO Emeritus has already drawn a clear line on how far the company is willing to go.

With 32.74 billion XRP still locked in escrow and the current release pace stretching the full-circulation timeline to roughly nine years, the structural math gives Morgan’s argument its weight. The question the XRP community is now openly debating is not whether the overhang is real, but whether Ripple has both the incentive and the flexibility to compress that timeline.

Discover: The Best Crypto to Diversify Your Portfolio

Ripple Supply Overhang

Ripple established its escrow system in 2017, placing 55 billion XRP into 55 separate on-ledger contracts, each releasing 1 billion XRP on the first of every month. The mechanism was designed to create a predictable, auditable supply and avoid an unannounced dump from a centralized treasury.

However, what it also created, by design, was an indefinitely extendable schedule: Ripple takes what it needs for operations and institutional distribution, then relocks the remainder into new contracts, effectively rolling the timeline forward month after month.

Morgan’s position, stated publicly on X, is direct:

The logic is three-layered. First, relocking less shortens the nine-year horizon. Second, full circulation removes the psychological shadow supply that suppresses valuation. Third, a fixed, fully-circulating crypto supply is structurally more credible for institutional participants who price assets on known fundamentals rather than unknowable future release schedules.

It is worth noting that Morgan is looking for an argument. He has previously defended the escrow mechanism itself against claims that it is a deliberate price-suppression tool. He also pointed out that XRP ran from roughly $0.50 to above $3.00 between November 2024 and January 2025 while monthly releases continued uninterrupted. His current call is for faster completion of a process he considers legitimate.

Discover: The Best Token Presales

David Schwartz Draws the Line

Ripple CTO Emeritus David Schwartz has not endorsed acceleration, and he has flatly rejected the most radical version of the proposal circulating in the XRP community: burning the escrowed supply outright.

Schwartz cited Stellar’s token burn as his primary cautionary reference. He argues that supply destruction produced a short-lived market reaction rather than a durable valuation re-rating. His broader defense of the current model is that Ripple voluntarily relocks whatever XRP it does not immediately need.

On the timeline question specifically, Schwartz acknowledged the inherent uncertainty:

“It’s hard to predict because you have to make assumptions about how much XRP Ripple uses and how much gets put back into subsequent escrow months.”

Schwartz’s position is structurally consistent with how Ripple has managed the escrow since inception. The company has positioned measured, predictable distribution as a feature, not a constraint. Changing that calculus would require Ripple to decide that the reputational and institutional benefits of acceleration outweigh the risks of increased near-term sell pressure. Basically, a trade-off that the company has not yet indicated it is willing to make.

Ripple’s recent MiCA regulatory approvals in Europe reinforce the pattern: the company is building compliant infrastructure, and supply stability is part of that institutional pitch.

Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit

What the Community Debate Actually Reveals About XRP Beyond the News Headlines

Beyond the news headlines, the split inside the XRP community maps cleanly onto two different theories of what XRP is supposed to be. The pro-acceleration camp, aligned with Morgan, treats the hard money narrative as the primary long-term value proposition. A fixed, fully-circulating supply that can be evaluated on demand fundamentals alone. The pro-current-pace camp treats Ripple’s controlled distribution as an asset for institutional credibility, not a liability.

A third concern runs underneath both camps: if Ripple releases more net XRP per month without a corresponding increase in demand, the additional supply hits the market as sell pressure. XRP’s current price action does not obviously signal that the market is capacity-constrained on the demand side in a way that would absorb larger monthly net releases cleanly.

Xrp (XRP)

24h7d30d1yAll time

The token burn option, meanwhile, is effectively closed. Schwartz’s Stellar reference reflects a settled internal view that destroying escrow reserves would produce noise and would permanently eliminate the optionality Ripple currently holds.

Discover: The Best Crypto to Diversify Your Portfolio

The post XRP News: Why Ripple’s 9-Year Clock Divides the Community appeared first on Cryptonews.

Source link

The post XRP News: Why Ripple’s 9-Year Clock Divides the Community appeared first on CryptoPlanetNews.

The House Financial Services Committee has scheduled back-to-back hearings on July 14 and July 17, one covering Federal Reserve monetary policy, the other focused directly on the CLARITY Act. This is giving supporters of comprehensive crypto regulation their highest-profile platform yet as the pre-recess window narrows.

As of today, the bill has cleared the Senate Banking Committee, been placed on the Senate legislative calendar, and attracted a House fast-track commitment if the Senate moves first. None of that changes the core arithmetic: the CLARITY Act needs 60 votes on the Senate floor, and Republicans currently hold 53 seats.

Senator Cynthia Lummis, the Wyoming Republican leading the Senate push, has set the end of July as a hard deadline. She also warns explicitly that missing the pre-recess window could delay enforceable digital asset market structure rules until 2030.

Discover: The Best Crypto to Diversify Your Portfolio

The 60-Vote Clarity Act Problem

The gap between “placed on the Senate legislative calendar” and “signed into law” runs through a specific procedural bottleneck. Invoking cloture to cut off debate requires 60 votes; with a 53-seat Republican majority, the CLARITY Act needs at least seven Democratic crossovers. The Senate Banking Committee vote on May 14 produced only two Democratic votes from Ruben Gallego and Angela Alsobrooks, and it is leaving five or more additional Democratic senators to be secured before a floor vote can succeed.

A bipartisan ethics provision in the bill has been fracturing Democratic support further, and Fox Business reporter Eleanor Terrett described the original White House target of July 4 as “logistically impossible” before the date even arrived. Galaxy Research has pegged passage odds at roughly 60% and notes that the window “effectively closes” once the August recess begins.

Even if the Senate floor vote clears 60, the bill would then require reconciliation with the version the House passed in July 2025 by 294–134. Rep. Dusty Johnson pledged on June 18 that the House would act “swiftly” on any Senate text, compressing that step, but reconciliation differences still have to be resolved before the bill reaches the president’s desk.

If this misses the pre-recess window, the next viable legislative opening is 2027 at the earliest, with some analysts pointing further out. The same credible basis for Lummis’s 2030 warning.

Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit

July 14 and July 17: What To Expect?

The July 14 session before the House Financial Services Committee is formally structured around the Federal Reserve’s semi-annual Monetary Policy Report. However, its market significance extends further. It is reported that Kevin Warsh will deliver his first congressional testimony as Fed Chair, making it the first opportunity for lawmakers to publicly interrogate the new leadership’s posture on rate policy, dollar strength, and the regulatory perimeter around financial innovation.

For crypto markets, Warsh’s framing of digital assets, whether he treats them as a monetary policy variable or a separate regulatory question, will carry weight heading into the CLARITY Act hearing three days later.

The July 17 hearing moves the focus explicitly to the CLARITY Act and digital-asset innovation, with the notable detail that it is being held in New York rather than Washington. That venue choice is deliberate: New York is the largest U.S. financial center, and holding the hearing there anchors the bill’s stakes to institutional finance rather than abstract legislative process. Exchanges, custody providers, and capital markets participants concentrated in the city represent the economic constituency that regulatory uncertainty is actively costing.

Together, the two hearings give the bill’s backers a sequenced argument: monetary policy context on the 14th, market-structure specifics on the 17th. The CFTC’s expanded role under the bill, and the digital asset market structure framework it would codify, will be front and center at the New York session. The hearing is a narrative event. The execution event is the floor vote that has to follow it.

Discover: The Best Token Presales

The post Senate’s 60-Vote Gap Looms Over CLARITY Act Before August Recess appeared first on Cryptonews.

Source link

The post Senate’s 60-Vote Gap Looms Over CLARITY Act Before August Recess appeared first on CryptoPlanetNews.

Charles Hoskinson is repositioning AI agents as core infrastructure for Cardano, not a side experiment. ADA is trading around $0.160, down 1% over 24 hours, a modest downtrend that tracks the broader market rather than any Cardano-specific catalyst.

The question traders are actually asking: does Midnight City development translate into price, or does it stay a roadmap story while ADA grinds sideways?

Hoskinson recently defended Cardano’s use of a synthetic AI influencer on the Input Output account after community pushback, framing it as deliberate public experimentation rather than a misstep.

He also pointed to OpenClaw, an open-source agent project gaining traction at speed, as evidence of where this is heading.

“We’re going to need agents and AI to be able to organize and sort all that out and broadcast on a regular basis what’s going on in Midnight City,” he said directly.

That’s not vision-casting, that’s an infrastructure call. The van Rossem hard fork sits in the background as a secondary technical catalyst, and Hoskinson’s broader governance positioning has been building toward this moment for months.

Can Cardano Price Break $0.17 Before the Next Hard Fork?

ADA is sitting at $0.1602 on the daily chart, and this is one of the most punishing downtrends in the large-cap space, with price collapsing from over $1.00 at the August peak to current levels, a loss of roughly 84% over 10 straight months with barely any meaningful relief along the way.

The recent breakdown below $0.20 in early June was the latest leg lower, taking ADA to fresh lows around $0.155 before a small bounce to current levels, and that $0.155 area is now the only reference point for support on this entire chart.

RSI sitting at 31 shows the selling pressure has been persistent without ever reaching the kind of extreme oversold capitulation readings that typically mark a durable bottom, which suggests this slide has been controlled distribution rather than panic selling, and that kind of grind can continue longer than expected.

The immediate resistance is $0.20, which was the floor that just broke and would need to reclaim to suggest any stabilization, and above that $0.25 to $0.27 is the next level from the May consolidation range.

There is no real structural support below the current ADA price until much lower levels from 2023, so a continued breakdown has very little to slow it down.

Ten months of lower highs and lower lows with no sign of base building yet make this one of the weaker charts in the space right now, and a bounce here would need real volume and a multi-week hold above $0.20 before it means anything more than a dead cat bounce in a still-active downtrend.

Smart Money Rotating Out Of Old Dying Chains to New Shiny Memecoins Like Maxi Doge

ADA’s upside from here is mathematically compressed in the near term; even the bull case scenario requires a hard fork execution and a broader altcoin cycle to materialize.

Traders watching established layer-1s grind through resistance sometimes rotate into early-stage assets where the risk-reward math looks different. That’s the structural logic behind presale positioning, for those who allocate that way.

Maxi Doge (MAXI) is a meme token on Ethereum built around a trading-community identity — the “240-lb canine juggernaut” framing is intentional, targeting the high-conviction leverage-trading crowd with holder-only competitions, leaderboard rewards, and a Maxi Fund treasury structured for liquidity and partnerships.

The numbers: presale price sits at $0.0002825, with $4,809,039.80 raised to date. Dynamic staking APY is live for participants. (Capital rotation into this stage has been the consistent pattern as larger meme coins consolidate post-listing.) Meme tokens carry substantial risk, low liquidity, sentiment-driven volatility, and no fundamental floor.

Research Maxi Doge before any allocation decision.

The post Charles Hoskinson Says Cardano Needs AI Agents to Run “Midnight City”: Will Roadmap Move ADA’s Price? appeared first on Cryptonews.

Source link

The post Charles Hoskinson Says Cardano Needs AI Agents to Run “Midnight City”: Will Roadmap Move ADA’s Price? appeared first on CryptoPlanetNews.

Franklin Templeton just filed for two ETFs that reroute corporate stock dividends directly into Bitcoin. This just sends Bitcoin price prediction into bullish territory, even as BTC trades in a bearish band.

The structure is genuinely novel, and it could move Bitcoin’s price, especially given that macro conditions and institutional positioning point to a bullish setup heading into the US-Iran-Israel peace deal.

The two funds, the Franklin U.S. Equity Bitcoin DRIP Index ETF and the Franklin U.S. Innovation Bitcoin DRIP Index ETF, each hold a basket of U.S. equities and systematically redirect dividend payments into Bitcoin exposure rather than back into shares.

Both indices start with a 5% Bitcoin weighting, with exposure capped at 20% and trimmed at quarterly rebalances. The filing is preliminary, and no fees are listed yet, but it will potentially have an effective date as early as September 1, 2026, 75 days out under the rule Franklin used.

Franklin’s existing spot Bitcoin ETF, EZBC, already holds $358.9 million in net assets with $329.6 million in cumulative net inflows, signaling the firm’s ability to attract meaningful crypto capital.

This lands inside a broader stampede: Bloomberg Intelligence’s James Seyffart counted well over 100 ETF filings in the pipeline at the end of last year, with Bitwise predicting more than 100 crypto ETFs could launch in 2026.

Discover: The Best Token Presales

Bitcoin Price Prediction: Needs to Hold $61,500, or a Deeper Flush Could Come?

BTC is trading in a wide $62,500-$64,000 range, still down 50% from its all-time high, and the technical picture is not clean. Analyst identified $61,500 as the key breakdown level, a confirmed settlement below that opens the door to the $59,000–$60,000 major support zone.

Liquidity conditions are a real factor: the Juneteenth U.S. market holiday thins order books and historically amplifies intraday swings on low-conviction days. That’s not a reason to panic, but it’s a reason to size carefully.

Bitcoin (BTC)

24h7d30d1yAll time

If BTC reclaims $65,000 on above-average volume, it would confirm the DRIP filing news as a demand signal. Institutional follow-through could push toward prior swing highs.

However, a daily close below $61,500 shifts the structure bearish in the near term, with $59,000–$60,000 the next meaningful demand zone. Franklin Templeton executive Tony Pecore thinks that BTC should surpass its prior all-time high in 2026 on institutional adoption, but it does not change the short-term technical risk.

Longer-horizon price models remain bullish on BTC through year-end, but the near-term setup is a support retest, not a confirmed breakout. Watch the $61,500 level with discipline.

Discover: The Best Crypto to Diversify Your Portfolio

Bitcoin Hyper Positions for Upside as BTC Tests Its Range Floor

Spot BTC at current levels offers asymmetric upside if institutional flows compound, but the risk/reward is a different conversation than it was at $10,000.

Traders who already hold BTC exposure are essentially waiting on macro resolution and ETF approval timelines. Those looking for earlier-stage leverage on the Bitcoin ecosystem are eyeing infrastructure plays that aren’t yet priced by the market.

Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin Layer 2 with SVM (Solana Virtual Machine) integration. It offers a combination that targets Bitcoin’s core bottlenecks: slow throughput, high fees, and limited programmability.

The pitch is sub-second finality and low-cost smart contract execution built on Bitcoin’s security layer, something the base chain structurally cannot offer on its own. The presale has raised more than $32 million at a current price of $0.0136, with staking available for early participants. A decentralized canonical bridge for BTC transfers rounds out the infrastructure stack.

Franklin Templeton’s move is a signal of institutional appetite for Bitcoin-adjacent infrastructure.

Research Bitcoin Hyper here before the presale window closes.

The post Bitcoin Price Prediction: BTC Eyes Upside as Franklin Templeton Pushes Stock Dividends appeared first on Cryptonews.

Source link

The post Bitcoin Price Prediction: BTC Eyes Upside as Franklin Templeton Pushes Stock Dividends appeared first on CryptoPlanetNews.

Cardano News: Charles Hoskinson spent three videos in mid-June 2026 laying out what he frames as a structural rescue plan for Cardano, a governance overhaul, a DRep voting bloc, a revised constitution, and a commercial growth push anchored by Leios and Midnight.

The market has not treated it as a turning point. ADA is trading near $0.16, down roughly 32% over the past 30 days, and sits at levels last seen in 2020. The gap between narrative activity and price signal is the central question Hoskinson’s plan has to answer.

The plan has four distinct layers: migrate governance discussion off X and onto a moderated Discord, form a DRep voting bloc with an automatic rejection rule for non-participants, draft a new Cardano constitution with clearer executive authority and defined growth targets, and push a commercial pipeline that includes Leios scaling, Midnight, cross-chain DeFi via the Pogan protocol, and a treasury investment model that takes equity-like stakes in ecosystem projects.

That is a broad scope. Whether the parts are mutually reinforcing or individually underpowered is the structural question the next 90 days will answer.

While Cardano wrestles with governance gridlock, Solana is achieving institutional credibility milestones that are reshaping Layer 1 competitive positioning – a dynamic that gives ADA’s current stagnation additional strategic weight beyond the immediate price chart.

Cardano News: Hoskinson’s Cardano Plan, What the Governance Overhaul Actually Proposes

The governance Discord is the foundation piece. Hoskinson argues that X functions as a broadcast channel that structurally rewards conflict and buries compromise – not a platform failure, but an incentive design problem.

His proposed alternative is a moderated server modeled on the Midnight community Discord, which reached approximately 49,000 members after bad-faith actors were removed.

The Cardano version would apply zero-knowledge technology so participants can speak and vote without public attribution, insulating early governance proposals from coordinated harassment.

The constitutional layer targets a structural gap that the Chang hard fork exposed. The shift to community-led governance under CIP-1694 – DReps, SPOs, and the Constitutional Committee – created accountability mechanisms but left executive function undefined.

Hoskinson wants a revised Cardano constitution that names elected roles, sets growth KPIs, and establishes a framework for reconciling competing budget proposals. Without agreed definitions of success, he argued, every treasury vote collapses into a proxy fight over roadmap philosophy.

The funding overhaul runs in parallel. Hoskinson’s broader 2026 model proposes a three-layer approach: infrastructure funding for core protocol work, utility investment where the Cardano treasury takes 10–30% token stakes in key ecosystem projects, and experience-layer support for wallets and on-ramps.

Funded projects would accept oversight, cut salaries, and commit 10% of protocol revenue to buying ADA and returning it to the treasury – a structural demand loop rather than a grant-and-exit model.

Discover: The Best Crypto to Diversify Your Portfolio

ADA Near 5-Year Lows: What the Market Is Signalling About Execution Risk

ADA broke below the $0.20 support level on June 2 and reached $0.157 by June 6, a price last printed in 2020. The heaviest volume came on the way down, suggesting capitulation rather than orderly rotation.

The governance videos landed during a brief bounce toward $0.18, after which ADA slipped back toward $0.16. The $0.20 level that was support is now resistance. Cardano’s market cap sits at approximately $5.8 billion.

Hoskinson acknowledged the price directly, “Of course, I care about the price of ADA. The price of ADA is directly connected to the security and the utility of Cardano,” he said.

That connection is precisely what the market is pricing: governance proposals do not improve network security or utility until they are implemented and adopted.

The announcement premium has already been absorbed, and it was thin. Ethereum’s own experience shows that strong development fundamentals don’t automatically translate into price recovery, the market requires visible execution, not roadmap density.

A re-rating of ADA price requires at least one of the following to materialize: the governance Discord launching with meaningful DRep participation, the Leios testnet hitting its June 23 date and generating developer traction, the Cardano treasury investment model producing its first equity-stake deals, or the voting bloc demonstrating it can resolve the 600 million ADA funding backlog without triggering a governance split.

None of those are narrative events. All of them are execution events. The market is waiting for evidence of the latter.

Discover: The Best Token Presales

The post Can Charles Hoskinson Really Rescue Cardano? appeared first on Cryptonews.

Source link

The post Can Charles Hoskinson Really Rescue Cardano? appeared first on CryptoPlanetNews.

Senator Bill Hagerty told FOX Business on June 18 that he still hopes the Digital Asset Market Clarity Act can clear the Senate before the July 4 recess, even while conceding the bill may slip past Independence Day.

His optimism lands against a wall of procedural reality: the CLARITY Act has not yet received a Senate floor vote, still needs to clear a 60-vote cloture threshold, and requires reconciliation between two competing Senate committee texts before any House-Senate alignment can even begin.

The gap between Hagerty’s stated hope and the legislative calendar is measurable. Congress has fewer than 9 working days before the July 4 recess.

Prediction markets on Kalshi currently price Senate passage by August 2026 at roughly 22%, which reflects the broader analyst read: passage this summer is possible, passage before July 4 is a different question entirely.

The House passed its version of the bill on July 17, 2025, by a 294–134 margin, a bipartisan result that gave the legislation genuine momentum.

The Senate Banking Committee followed with a 15–9 approval on May 14, 2026, advancing the bill to the Senate’s legislative calendar. That step made floor action procedurally possible. It did not make it imminent.

At its core, the crypto legislation would establish a CFTC-led regulatory regime for digital commodities – classifying assets like Bitcoin and Ethereum under CFTC oversight while assigning the SEC narrower jurisdiction over certain broker-dealer and exchange activity.

That division of authority is the bill’s central policy architecture, and it carries real market implications: Standard Chartered has estimated that passage could unlock $8 billion in XRP ETF inflows alone, based on the regulatory certainty the framework would provide.

Three Obstacles Between the Clarity ACT Bill and a Senate Vote

The 60-vote cloture threshold is the first hard constraint. The Senate Banking Committee’s 15–9 approval demonstrates committee-level support, but converting that into 60 floor votes requires bipartisan buy-in that has not yet been publicly secured.

That threshold does not move regardless of how aligned lawmakers and industry are on the bill’s substance.

The second obstacle is inter-committee reconciliation. The Senate Banking Committee text and a separate Senate Agriculture Committee text must be merged into a single floor-ready bill.

Those two committees share jurisdiction over the CFTC-SEC authority split at the heart of the legislation, and any manager’s amendment resolving their differences needs to be filed before a floor vote can be scheduled. That step alone typically takes weeks of staff-level negotiation.

The third, and currently most active, obstacle is the ethics provision dispute. David Nage, managing director and portfolio manager at Arca, said after meetings with Senate offices that lawmakers and industry participants are roughly 80–85% aligned on the bill’s substance, and that stablecoin yield provisions, despite continued criticism from JPMorgan CEO Jamie Dimon, are no longer the primary friction point.

What remains is a conflict-of-interest fight over how to restrict senior government officials from participating in crypto-related business activities while in office.

Senator Kirsten Gillibrand has reportedly conditioned her support on explicit ethics language barring senior officials from profiting off crypto holdings, warning of withheld votes without the clause.

That is not a minor drafting issue, it is a named senator with leverage over the 60-vote math making a specific demand. Nage characterized the remaining disagreement as a political and implementation question rather than a dispute over market structure, but political questions are precisely the kind that stall floor scheduling.

A coalition of gaming associations, tribal governments, and labor unions has separately pressed the Senate to include language banning prediction markets from offering sports and casino-style event contracts under the CLARITY Act framework, another contentious provision that adds to the reconciliation load before any floor vote is viable.

The post Senate CLARITY Act Faces 3 Blockers With Under 9 Days Until July 4 Recess appeared first on Cryptonews.

Source link

The post Senate CLARITY Act Faces 3 Blockers With Under 9 Days Until July 4 Recess appeared first on CryptoPlanetNews.

There is a specific phrase in this prediction worth sitting with for a second, classic post-halving correction phase. Elon Musk’s Grok AI is not predicts the current chart as weakness or trend failure.

It is describing it as a known stage in a known cycle, one that has historically resolved into the most explosive part of the entire bull market. At $64,000, that framing is the difference between fear and patience, and Grok is firmly on the side of patience.

The base case is $150,000 to $200,000 by December 2026, with a strong bull scenario stretching past $250,000 if ETF inflows accelerate and macro conditions turn decisively risk-on.

That is a 2.3x to over 3.9x move from here, built on the same drivers that have shown up across nearly every major prediction in this series.

Surging institutional adoption through spot ETFs, growing sovereign and corporate treasury accumulation, improving global liquidity from potential rate cuts, and the hardest variable of all, a fixed 21 million coin supply that gets more scarce by the day.

What makes Grok’s case distinct is the historical anchor. Cycle patterns point to the parabolic peak landing 12 to 18 months after the April 2024 halving, which places the ignition point squarely in Q3 to Q4 2026, right where the prediction sets its target window.

The bear case is treated as a detour rather than a derailment. Extended macro headwinds or delayed liquidity could drag prices toward $45,000 to $55,000 support before rebounding, potentially capping the cycle top at $100,000 to $120,000 instead of six figures beyond that.

Bitcoin (BTC)

24h7d30d1yAll time

Even Grok’s pessimistic scenario keeps Bitcoin meaningfully higher than today, which tells you how asymmetric this setup looks from where price currently sits.

Bitcoin Price Prediction: The Floor That Keeps Refusing To Break

BTC is at $64,042 today, sitting almost exactly where it traded back in February after the post-ATH selloff first hit. That repetition matters.

This is now the third distinct test of the $60,000 to $64,000 zone since the all-time high near $128,000 last October, and each prior test produced a recovery rather than a breakdown.

Markets that keep finding buyers at the same level over many months are telling you something about where real demand sits, and this zone has earned that credibility through repetition rather than a single bounce.

The overhead picture is where the real test lives. Every recovery attempt since the October peak has stalled somewhere between $80,000 and $96,000, a wide band of resistance built from trapped buyers at multiple failed breakouts.

For Grok’s six figure thesis to gain real traction on the chart, Bitcoin needs to clear that entire zone decisively rather than just poke through it temporarily, the way it did briefly in October before reversing hard.

The RSI sits at 37.63 with the signal line at 31.33, a gap of just over 6 points, modest compared to some of the sharper divergences seen elsewhere in this series but still meaningfully positive.

Momentum dipped into the high 20s during the June low and has since climbed back above its average without yet reaching neutral, which is consistent with a market still digesting the correction phase Grok describes rather than one already accelerating into a new leg.

That is actually the more honest signal here. The chart is not yet shouting bull market. It is quietly suggesting the bleeding from this correction has slowed, which is precisely the stage that should come before the launch Grok is calling for in the back half of the year.

Discover: The Best Token Presales

You Might Like What Grok AI Predicts About LiquidChain

The rotation is happening now. Most people will only spot it in hindsight.

Large-cap crypto isn’t failing. It’s capped. Bitcoin, Ethereum, and XRP have pressed against the same resistance bands for weeks, and the macro tailwinds keep getting pushed back a quarter. Holding assets whose upside depends on someone else’s catalyst isn’t a strategy. It’s waiting.

Capital that has survived enough cycles moves before the destination becomes obvious, not after.

Early-stage infrastructure runs on different math. A market cap small enough turns a modest rotation into a sharp price move. The asymmetry exists because the market hasn’t priced in what’s being built yet, and the gap between current valuation and actual worth is where the return comes from.

Multi-chain fragmentation drains real money out of DeFi every day. Bitcoin, Ethereum, and Solana operate as isolated liquidity systems with no native connection between them. Anyone moving value across ecosystems pays for that isolation directly, in fees, slippage, and failed transactions.

LiquidChain folds all three networks into a single execution layer. One deployment reaches the full ecosystem. No tax on crossing between chains.

The market hasn’t found this yet. That’s the point.

The presale sits at $0.01454, with just over $840,000 raised. Ground floor isn’t marketing language here; it’s a literal description of where the project sits in its lifecycle.

Execution is unproven. Adoption is unknown. Those risks are real and worth stating plainly. Established assets offer a smoother climb toward a ceiling the market can already see. This is an earlier seat at a table nobody has built yet.

Explore the LiquidChain Presale

The post Elon Musk Grok AI Predicts Explosive Bitcoin Price by The End of 2026 appeared first on Cryptonews.

Source link

The post Elon Musk Grok AI Predicts Explosive Bitcoin Price by The End of 2026 appeared first on CryptoPlanetNews.

A coalition of more than 50 gaming associations, tribal governments, and labor unions submitted a letter to the Senate on June 16, demanding that the Digital Asset Market Clarity Act include explicit language banning prediction markets from offering sports and casino-style event contracts. This is a direct shot at platforms like Polymarket and Kalshi that have built substantial real-money event contract businesses under CFTC oversight.

Signatories include the American Gaming Association (AGA), the Indian Gaming Association (IGA), and UNITE HERE, which represents 300,000 hotel, gaming, and food-service workers across the U.S. and Canada.

The letter argues that prediction market platforms have engineered the largest expansion of gambling in U.S. history over the past 18 months without state authorization, legislative approval, or meaningful consumer protections.

Discover: The Best Token Presales

Coalition’s Core Argument: CFTC Was Never Built to Police Gambling

The coalition’s legal framing is specific and worth unpacking. The groups are not simply arguing that sports betting is a bad policy. According to the coalition, the CFTC structurally lacks the authority and institutional infrastructure to regulate it. “Sports betting falls outside the CFTC’s remit and cannot be offered through prediction market platforms,” the letter states.

The CFTC was established to oversee commodities and derivatives markets, not to police wagering integrity, underage access, or problem-gambling safeguards – none of which it has enforcement history on.

AGA President Bill Miller has previously stated that gaming integrity frameworks are “being undermined by so-called ‘prediction markets’ who are invading state, local, and tribal authorities.”

UNITE HERE’s president, Gwen Mills, framed it as an employment threat: workers’ livelihoods are “now threatened by prediction markets conducting illegal sports betting in violation of Tribal sovereignty and state laws.”

The IGA’s concern runs deeper still, that the Clarity Act, without explicit carve-outs, could functionally back-door legalize nationwide sports betting by routing it through CFTC-registered platforms, bypassing the tribal-state compact system that currently governs where and how wagering is offered.

The American Gaming Association has also claimed states have lost approximately $1 billion in tax revenue to prediction markets since the start of 2025, though prediction market operators dispute that figure.

Senator John Hickenlooper of Colorado put the jurisdictional argument plainly: “The CFTC has literally no experience in regulating sports betting. Even worse, CFTC has failed to use the authority it does have to protect sports bettors from insider trading, market manipulation, predatory advertising, and financial instability.”

Discover: The Best Crypto to Diversify Your Portfolio

Clarity Act Legislative Battlefield: Three Obstacles, Nine Days, One Threshold

The gaming coalition’s letter lands on a bill already under structural strain. The Digital Asset Market Clarity Act cleared the Senate Banking Committee 15–9 on May 18, a meaningful vote count but one that does not resolve the three distinct obstacles still blocking floor passage.

An unresolved ethics fight embedded in the bill’s language, two competing committee texts that must be merged, and a 60-vote cloture threshold that demands bipartisan buy-in well beyond what the committee vote demonstrated.

With just nine working days before the July 4 recess, Senate drafters face a compressed timeline to decide whether to fold the gaming coalition’s anti-sports-betting language directly into the Clarity Act text or leave it to the separate Schiff-Curtis bill. S

Senators Adam Schiff and John Curtis introduced the Prediction Markets Are Gambling Act (S.4160) in March 2026, which would amend the Commodity Exchange Act to explicitly bar CFTC-registered entities from listing contracts tied to any sporting event or athletic competition, or offering casino-style products like poker or blackjack. That bill preserves state and tribal gaming jurisdiction as the governing framework, exactly what the IGA and AGA want codified.

The immediate regulatory trigger for this lobbying push was the CFTC’s early June 2026 rulemaking, which advanced a framework formally permitting certain sports event contracts on prediction markets. Banning markets on injuries, officiating calls, high-school athletics, and pure-chance games, but leaving skill-influenced event contracts potentially open.

Discover: The Best Token Presales

The post Casinos, Tribes, and Unions Urge Senate to Ban Sports Betting From the Clarity Act appeared first on Cryptonews.

Source link

The post Casinos, Tribes, and Unions Urge Senate to Ban Sports Betting From the Clarity Act appeared first on CryptoPlanetNews.