AVAX Loses 5.8% After Rejection at Critical $20 Short-Term Resistance

After reaching a high of $19.99, Avalanche’s token AVAX was sharply rejected at the $20 psychological barrier, triggering accelerated selling that drove prices down to $18.61, according to CoinDesk research’s technical analysis model. The rejection coincided with peak trading volume of 1.9 million, suggesting large-scale profit-taking and position liquidations. The token is down 5.8% in…

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XRP Must Complete Right Shoulder Before Takeoffβ€”But How Low First?

XRP bulls appear to be facing one last test of conviction before the market’s next explosive phase, according to CryptoInsightUK’s video analysis released on 16 June. The British analyst argues that the token is sculpting an inverse head-and-shoulders formation whose right shoulder β€œstill needs to form around the high-$1.80s” before any sustained rally can commence….

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Thailand Approves Five Year Bitcoin And Crypto Tax BreakΒ 

Bitcoin Magazine Thailand Approves Five Year Bitcoin And Crypto Tax BreakΒ  Thailand has approved a five year tax exemption on capital gains from cryptocurrency trading made through licensed digital asset platforms. The exemption will be in effect from January 1, 2025, through December 31, 2029. JUST IN: Thailand’s cabinet approved personal tax waiver on profits…

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ATOM Plunges 6% as North Korea Links Trigger Security Concerns

The discovery of a North Korea-linked developer who contributed to Cosmos code between 2022-2024 has triggered enhanced security measures, while major exchanges expand staking options for ATOM holders despite market pressure. ATOM is currently trading at $4.086 after losing 5.52% of its value over the past 24 hours. Technical analysis A sharp sell-off occurred during…

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XRP Gets Another DeFi Boost Through Flare’s FAssets and FXRP, Messari Says

Flare Network is helping push XRP deeper into decentralized finance (DeFi) with FXRP β€” a fully collateralized, non-custodial representation of XRP on Songbird β€” and a growing suite of infrastructure now drawing interest from retail and institutional players alike, according to a Messari report. Flare validates off-chain data without external middleware. The framework secures FAssets,…

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