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Yesterday โ€” 24 July 2026The Crypto Basic

Current XRP Downtrend Resembles Triangle Setup That Led to 66,000% Surge in 2017

24 July 2026 at 09:40

Current XRP Downtrend Resembles Triangle Setup That Led to 66,000% Surge in 2017

XRP could be repeating the same price pattern that came before its massive rally in the 2017/2018 market cycle. Latest market data suggests the asset is again moving within a symmetrical triangle, similar to the structure that eventually led to a remarkable 66,000% gain and pushed XRP to $3.31 nine years ago.

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Cardano Emerges as Fifth Fastest-Growing Blockchain for Real-World Assets

By: Lele Jima
24 July 2026 at 09:40

Cardano Emerges as Fifth Fastest-Growing Blockchain for Real-World Assets

Cardano has emerged as one of the fastest-growing blockchains for real-world assets (RWAs), reinforcing its expanding role in the rapidly evolving tokenization sector. According to data shared by the RWA Foundation, citing Token Terminal, Cardano ranked as the fifth fastest-growing blockchain by RWA value over the past 30 days.

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Shiba Inu: Shibarium Activity Jump 78%, but SHIB Price Remains Under Pressure

By: Lele Jima
24 July 2026 at 09:23

Shiba Inu: Shibarium Activity Jump 78%, but SHIB Price Remains Under Pressure

Activity on Shibarium, Shiba Inu's official Layer-2 blockchain, surged sharply over the past day, but SHIB's price has yet to respond. According to the latest data from Shibariumscan, Shibarium processed 1,180 daily transactions yesterday.

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658,600 ETH Worth $1.24B Leaves Exchanges as Ethereum Supply Tightens and Bullish Sentiment Builds

24 July 2026 at 09:18

658,600 ETH Worth $1.24B Leaves Exchanges as Ethereum Supply Tightens and Bullish Sentiment Builds

Ethereum (ETH) reserves are moving in different directions across major cryptocurrency exchanges. Gemini and Bitfinex have recorded significant outflows, while Binance's holdings have remained mostly stable, according to CryptoQuant analyst Amr Taha.

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Bitcoin Recovery Strengthens as 57.5% of Supply Returns to Profit: Is the Bear Market Finally Over?

24 July 2026 at 07:17

Bitcoin Recovery Strengthens as 57.5% of Supply Returns to Profit: Is the Bear Market Finally Over?

Bitcoin has recovered sharply over the past three weeks, and the share of coins back in profit has risen significantly. Meanwhile, new CryptoQuant analysis suggests the market still has not reached the conditions that historically marked the end of bear markets.

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Cardano Founder Agrees With Elizabeth Warren, Says Trump Should Stay Out of Crypto

By: Lele Jima
24 July 2026 at 07:16

Cardano Founder Agrees With Elizabeth Warren, Says Trump Should Stay Out of Crypto

Cardano founder Charles Hoskinson has argued that President Donald Trump should not actively participate in the cryptocurrency market while serving in office. Hoskison's comments came after Senator Elizabeth Warren urged lawmakers to reject the latest version of the Clarity Act, claiming it does not adequately prevent President Trump from financially benefiting from his crypto-related activities.

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XRP CEX Spot Demand Hits 8-Week Peak of $388M

24 July 2026 at 06:45

XRP CEX Spot Demand Hits 8-Week Peak of $388M

While XRP has corrected from the recent $1.16 high, new market data shows that demand in the spot market has continued to improve. Specifically, buying activity across centralized exchanges has climbed to its highest level in eight weeks, suggesting that many investors are still accumulating XRP despite the latest price decline.

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Before yesterdayThe Crypto Basic

CLARITY Act Could Have Bigger Impact on XRP Than Many Expect, Developer Says

23 July 2026 at 09:52

CLARITY Act Could Have Bigger Impact on XRP Than Many Expect, Developer Says

Software developer Vincent Van Code believes the proposed CLARITY Act could have a bigger impact on XRP adoption than many people expect. He argues that, although XRP's legal status is clearer today, important regulatory uncertainty still remains.

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XRP and Bitcoin Excluded as S&P Launches Institutional Crypto Index Focused on Revenue-Generating Protocols

23 July 2026 at 09:41

XRP and Bitcoin Excluded as S&P Launches Institutional Crypto Index Focused on Revenue-Generating Protocols

XRP and Bitcoin are left out as S&P Dow Jones Indices and Pantera Capital have launched the S&P Pantera Digital Asset Index, a new benchmark for institutional investors. The index focuses on blockchain protocols that generate revenue through network activity.

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XRP Has Added $1B Worth of Asset-Backed Credit in 2026

23 July 2026 at 09:34

XRP Has Added $1B Worth of Asset-Backed Credit in 2026

The XRP ecosystem has welcomed about $1 billion in tokenized asset-backed credit so far in 2026, already outpacing the total from the previous year. This trend comes as the XRP Ledger (XRPL) continues to witness an increase in tokenized asset value this year amid the growing attention that has enveloped the narrative.

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XRP Downtrend Nears Completion as Price Sits at Extreme Opportunity Buy Zone

23 July 2026 at 09:33

XRP Downtrend Nears Completion as Price Sits at Extreme Opportunity Buy Zone

XRP selling pressure is dwindling, suggesting bearish exhaustion, as prices sit at an extreme opportunity buy zone on the daily chart. XRP has spent nearly a year moving through a deep corrective phase after reaching its cycle high in mid-July 2025.

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Shiba Inu Stabilizes Near Historic Lows, but Bears Retain Control Below Key Level

By: Lele Jima
23 July 2026 at 05:41

Shiba Inu Stabilizes Near Historic Lows, but Bears Retain Control Below Key Level

Shiba Inu continues to trade under strong bearish pressure, with its broader market structure still pointing lower despite early signs that selling momentum may be easing. This assessment comes from market commentator Dukes Markets Analysis, who shared the outlook in a recent TradingView publication titled โ€œSHIB: From Meme Queen to New Historic Lows.โ€ Bearish Trend Remains Firmly Intact for Shiba Inu According to Dukes, Shiba Inu remains below both its 50-day and 100-day Exponential Moving Averages (EMAs), two widely used indicators for identifying the prevailing market trend.

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XRP Now Seeing Return of Leveraged Activity as OI Z-Score Shoots Up

23 July 2026 at 05:36

XRP Now Seeing Return of Leveraged Activity as OI Z-Score Shoots Up

XRP remains under pressure as its downtrend continues, but new derivatives data suggests that leveraged trading activity is picking up again. While bulls continue to wait for a relief rally, the latest figures show that traders are becoming more active in the futures market, and this change could influence XRP's next move.

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Coinbase Moves 1,163,213,299,134 Shiba Inu Tokens in Minutes

By: Lele Jima
23 July 2026 at 04:07

Coinbase Moves 1,163,213,299,134 Shiba Inu Tokens in Minutes

Coinbase has transferred more than 1.16 trillion Shiba Inu tokens through three large transactions, drawing attention from on-chain observers. According to blockchain data from Arkham Intelligence, the Shiba Inu transfers did not pass through the spot market order book.

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XRP Holds Ascending Triangle Support as Monthly Chart Points to $6.44 and $8.76 Targets

23 July 2026 at 04:03

XRP Holds Ascending Triangle Support as Monthly Chart Points to $6.44 and $8.76 Targets

XRP has continued to maintain support within an ascending triangle over the past eight years, with chart data pointing to new price targets. Currently, XRP changes hands at $1.13, up more than 9% this month after opening at $1.0385.

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Whales Accumulate 30 Million ADA as Cardano Flips Stellar to Reclaim Top 15 Position

By: Lele Jima
23 July 2026 at 02:17

Whales Accumulate 30 Million ADA as Cardano Flips Stellar to Reclaim Top 15 Position

Large Cardano investors significantly increased their holdings over the past week, signaling growing confidence in ADA's near-term outlook. According to on-chain data from Santiment, Cardano wallets controlled by large holders accumulated more than 30 million ADA over the past seven days.

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