World Liberty Financial, backed by the Trump family, is preparing to launch a publicly listed company to hold its WLFI tokens, aiming to raise around $1.5 billion. Eric Trump and Donald Trump Jr. are set to join the board, with the family holding a 60% equity stake. The deal structure is still being finalized, and the company is in talks with leading tech and crypto investors. This marks a bold move into digital assets amid growing market and regulatory attention.
Hedera (HBAR) is down 10.5% over the last seven days, as technical and derivative indicators point to growing weakness. Futures volume has fallen below $100 million for five straight days, signaling a sharp decline in speculative interest compared to March’s $1.3 billion peak.
Despite historically tracking Bitcoin’s moves closely, HBAR has underperformed during BTC’s recent rally, gaining just 0.75% in the past 30 days. With EMA lines still bearish and price nearing critical support at $0.18, HBAR faces a key test that could define its direction heading into June.
HBAR Futures Volume Falls Below $100 Million – What Does it Mean?
HBAR futures volume has dropped to $96.5 million and has remained under the $100 million mark for the past five consecutive days, marking a sharp contrast to the elevated levels seen earlier this year.
Back on March 1, futures volume peaked at $1.3 billion, but since then, both volume and open interest have steadily declined.
HBAR futures allow traders to speculate on the token’s future price, and their activity often reflects broader sentiment and risk appetite from both retail and institutional participants.
The recent drop points to waning speculative interest, potentially signaling caution or lack of conviction in Hedera’s short-term price direction.
With the 7-day EMA of HBAR futures volume now at its lowest in three months, the data suggests current price action may be increasingly driven by spot demand rather than leveraged positioning.
This shift in market structure could mean reduced volatility and a more organic price trend in the near term. However, without a rebound in derivatives activity, any upward moves may lack the momentum typically provided by aggressive speculative inflows.
Hedera Lags Behind BTC Rally—Will It Catch Up in June?
Historically, HBAR price has shown a strong positive correlation with Bitcoin (BTC), often amplifying the broader market’s moves.
However, over the past 30 days, that relationship appears to have weakened—BTC is up 14.3%, while HBAR has gained just 0.75% over the same period.
BTC and HBAR Performance in the last 30 Days. Source: Messari.
This divergence suggests that HBAR has not yet responded to the recent bullish momentum in the crypto market, despite typically being a higher-beta asset.
In previous cycles, HBAR has often outperformed BTC during rallies but also faced steeper declines during broader market corrections, reflecting its sensitivity to shifts in sentiment.
If Bitcoin reaches new highs in June, HBAR could be well-positioned for a sharper move upward, as it did during past surges.
HBAR Approaches $0.18 Support as Bearish EMA Setup Persists
HBAR’s EMA structure remains bearish, with short-term exponential moving averages still positioned below long-term ones—a classic sign of ongoing downward momentum.
The token has been trading below the $0.20 mark for the past six days, reflecting sustained pressure and a lack of bullish follow-through.
This setup reinforces the cautious sentiment surrounding HBAR as it hovers near key technical levels.
Currently, HBAR is approaching the critical support at $0.18, and losing this level would mark its first break below that threshold since May 8.
However, if the market turns and momentum improves in June, HBAR could break back above $0.20, with room to rally toward $0.25—an area it hasn’t touched since early March.
XRP’s price is having trouble finding a clear direction as the overall market shows mixed signs of volatility. Recently, short-term holders started taking profits during price increases, which led to a drop in buying interest. However, some key indicators for XRP are still rising, suggesting that a strong rebound could be on the way soon.
XRP’s Open Interest Gained Over $1.5 Billion in a Week
XRP is currently seeing strong activity from both buyers and sellers. According to data from Coinglass, around $21 million worth of XRP positions were liquidated in the last 24 hours — with buyers accounting for $17.4 million and sellers for $3.66 million.
Meanwhile, interest in XRP futures has been climbing for over the last seven days. Open interest has jumped to $5.47 billion, up over 3.9% in the past day. Over the past week, it surged from $2.13 billion to $5.38 billion, a massive 152% increase. This rise in futures activity, along with a price increase from $2 to $2.60, suggests that traders are becoming more confident in a bullish trend.
Additionally, large investors (whales) have been slowing their outflows, turning the 90-day average of net flows positive. Historically, this kind of shift has often signaled the end of a downtrend or the start of a new upward move.
However, not all signs are positive. XRP reserves on exchanges are at a one-month high, which could mean more selling pressure. Some whales have also moved large amounts of XRP to exchanges, possibly to sell.
Still, despite these bearish signs, none have been strong enough so far to slow down XRP’s recent upward momentum. The hourly long/short ratio is hovering above the 1 level, currently at 1.1227. This suggests that buyers have the advantage as around 53% expect the XRP price to rise.
If the current rally continues or at least creates new support levels at higher prices, XRP could stay in an overall uptrend over the long term. This is especially likely with the SEC’s decision on spot XRP exchange-traded funds (ETFs) expected in June, a ruling that could trigger another price jump.
What’s Next for XRP Price?
XRP price is facing strong bearish pressure above $2.65 as sellers continue to defend a surge. As a result, XRP has been forming multiple higher highs, attempting to break through immediate resistance channels. As of writing, XRP price trades at $2.55, declining over 1.8% in the last 24 hours.
Analysing the 4-hour price chart, the bulls have gained more control by pushing the price above the $2.50 mark. There’s a small hurdle at $2.65, but if XRP can break through that, it could climb to $3, a move that may validate a clear upward trend.
On the other hand, if the price gets rejected at $2.65 and falls below the 100-day EMA (currently at $2.42), it could mean XRP will trade in a sideways range for a while, possibly hovering between $2 and $2.6.
The post XRP Eyes Strong Rebound as Open Interest Soars 150%: What’s Next for XRP Price? appeared first on Coinpedia Fintech News
XRP’s price is having trouble finding a clear direction as the overall market shows mixed signs of volatility. Recently, short-term holders started taking profits during price increases, which led to a drop in buying interest. However, some key indicators for XRP are still rising, suggesting that a strong rebound could be on the way soon. …
Block Inc., a leading fintech company, is expanding its Bitcoin treasury while launching new initiatives that could change how people use digital money.
Block Holds Over $1 Billion in BTC
In Q2, Jack Dorsey’s Block Inc. boosted its Bitcoin holdings by 108 BTC. The latest buy increases Block’s total Bitcoin stash to 8,692 BTC, now valued at over $1 billion.
Block now joins the ranks of major public companies holding Bitcoin, ranking as the 13th largest corporate Bitcoin holder and following MicroStrategy’s playbook on Bitcoin adoption.
Q2 Earnings Beat Market Expectations
Block recently posted a strong Q2 earnings report with $6.05 billion in total revenue, and gross profit rising 8.2% to $2.54 billion. Notably, out of Block’s total revenue, $2.14 billion came from Bitcoin sales through Cash App.
The company outperformed Wall Street’s estimates and raised its full-year profit forecast to $10.17 billion, underscoring its strong growth trajectory.
Making Bitcoin ‘Everyday Money’
The company has taken several steps to integrate Bitcoin more deeply into its ecosystem:
Increased Bitcoin withdrawal limits on Cash App
Enabled Square sellers to accept BTC payments
Set to launch a proto-mining initiative next week aimed at “democratizing the mining ecosystem.”
Introduced BitKey, a self-custody wallet product
While Block saw a revaluation loss of $212 million on its Bitcoin holdings due to recent price drops, its long-term focus remains on making BTC spendable in everyday life.
On July 23, Block joined the S&P 500 index, which led to a 7% rise in its share price. This milestone reflects the company’s growing influence in both the tech and financial sectors.
CFO’s Vision for Bitcoin’s Future
In a recent interview with CNBC, Block’s CFO, Amrita Ahuja, said, “We think Bitcoin can be the open protocol that powers the internet” and believes that it can “move at the speed of the internet.” While many see Bitcoin as just ‘digital gold’, she says that it has the opportunity to move to currency.
With 8 million Cash App users trading Bitcoin, a billion-dollar BTC treasury, and new initiatives aimed at accessibility, Block is positioning itself at the forefront of Bitcoin adoption.
Block is leading the way in making Bitcoin a practical part of everyday life through innovation and wider accessibility.
The post Jack Dorsey’s Block Adds $12.6M in Bitcoin, Hits $1B BTC Milestone appeared first on Coinpedia Fintech News
Block Inc., a leading fintech company, is expanding its Bitcoin treasury while launching new initiatives that could change how people use digital money. Block Holds Over $1 Billion in BTC In Q2, Jack Dorsey’s Block Inc. boosted its Bitcoin holdings by 108 BTC. The latest buy increases Block’s total Bitcoin stash to 8,692 BTC, now …
“Bitcoin can be the open protocol that powers the internet.” –