CCN - Crypto Citizens Network
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Where crypto meets real life: culture, investing, your portfolio, and everyday living. For Citizens, by Citizens. https://zaap.bio/ccn
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#Solana just cleared a descending trendline that had capped price since January. πŸ“ˆ

SOL is up ~9% over the past week, trading near $122, with the breakout confirmed by rising volume. Next resistance sits at $140, and a clean move above that could open the door toward $160-$170.

The setup is also tied to Bitcoin: SOL's breakout came alongside BTC reclaiming $108K.

https://www.ccn.com/analysis/crypto/solana-price-prediction-sol-140-bitcoin-breakout/
Ripple just put XRP on a Division I jersey for the first time ever, a sponsorship deal with the University of Kansas Jayhawks.

Traders weren't celebrating. Many called it a distraction from price performance. Price opinions split too: some still see $21.50 as achievable, others warn of $0.29 if $1 breaks.

Read more πŸ‘‡
https://www.ccn.com/news/crypto/xrp-price-traders-slam-new-partnership/
$1.4 billion in #Bitcoin options just expired. Some analysts warn it could add short-term volatility.

But the long game looks different: Standard Chartered holds its $500K target, Tom Lee says $2M is possible. CCN asked ChatGPT, Claude, and Grok too, all three came back bullish, with Claude even floating "mega growth" language.

Not everyone agrees on timing, but nobody in this piece is calling the top.

https://www.ccn.com/news/crypto/bitcoin-price-500k-2m-ai-mega-growth-warning/
Per Wu Blockchain, Polymarket has applied for a US Futures Commission Merchant license, its first real step toward offering margin trading on prediction markets.

The filing puts it on similar regulatory footing to rival Kalshi, which secured its own FCM license earlier this year. But margin trading itself still needs separate CFTC approval before it can launch.

Read more πŸ‘‡
https://www.ccn.com/news/crypto/polymarket-us-approval-margin-trading-prediction-markets/
SWIFT just went live with a blockchain-based ledger, and it's aimed squarely at Tether and Circle.

17 banks across six continents, including Citi, HSBC, UBS and BNY, are piloting 24/7 tokenized settlement. It's a defensive move: traditional transfers take 3-5 days and cost 2-7% in fees, while stablecoins settle in minutes for a fraction of a percent.

The bigger question is BRICS. The bloc now represents 39% of global GDP, and SWIFT's speed upgrade doesn't solve the sanctions-exposure problem driving nations away from Western rails in the first place.

https://www.ccn.com/news/crypto/swifts-blockchain-ledger-fires-tether-circle-impact-brics-bloc/
Jeremy Allaire just published a full treatise arguing AI and blockchain aren't separate trends, they're merging into one economy. πŸ€–

His framing: AI is the "operating system for intelligence," blockchain is the "operating system for the economy." Together, he sees autonomous agents holding wallets, signing contracts, and paying each other in stablecoins, no human required for the transaction itself.

Could one-person companies powered by AI agents become the norm?

https://www.ccn.com/news/crypto/circle-jeremy-allaire-ai-agents-blockchain-global-economy/
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Coinbase VC Ryan VanGrack says the #CLARITY Act is "on the one-yard line." 🏈

House just confirmed a hearing for Friday. Senator Lummis warns this momentum "will not come around again this decade."

Three fights still block it: Trump's $1.4B disclosure, a developer-liability clause law enforcement opposes, and stablecoin yield rules.

https://www.ccn.com/news/crypto/clarity-act-nears-passage-coinbase-ryan-vangrack-momentum/
#Aave just launched Stable Vaults, letting businesses offer fixed-rate stablecoin yield without building DeFi infrastructure from scratch. 🏦

Price has reclaimed $90, with $97.75 the next resistance before the psychological $100 level. RSI sits near 60, MACD stays positive.

Derivatives activity remains cautious though, open interest is still below late-June levels.

Read more πŸ‘‡
https://www.ccn.com/analysis/crypto/aave-price-100-stable-vaults-fixed-stablecoin-yield/
Fidelity's Jurrien Timmer says #Bitcoin is nearing a key support level around $56,500 on his power law model. πŸ“Š

But the same chart cuts both ways: some traders argue it leaves room for a drop to $29,000, a 54% fall from current levels, in line with past bear-market drawdowns.

CryptoQuant flagged a similar bottom near $53,600 back in June, though demand remains "deeply unfavorable."

https://www.ccn.com/news/crypto/bitcoin-price-56k-29k-fidelity-model-final-drop-deeper-warnings/
#XRP's weekly RSI just entered oversold territory for only the second time in its 12-year history. πŸ“‰βž‘οΈπŸ“ˆ

Analyst Lark Davis says the first time preceded a ~1,100% rally. Repeat that from today's $1.07, and you get $12.84.

Forbes separately ranked XRP the 4th-best crypto investment, behind only Bitcoin, ETH, and BNB. Santiment says holders are sitting on the worst returns in XRP's history though.

https://www.ccn.com/news/crypto/xrp-price-12-rare-growth-forbes-ranks-xrp-4th-investable/
Eight straight weeks of outflows, over. #Bitcoin and #Ethereum ETFs just posted their first positive week since May. πŸ“ˆ

$281.8M in net inflows: $197.4M into Bitcoin (mostly BlackRock's IBIT), $84.4M into Ethereum. Per The Kobeissi Letter, this follows $7B+ in outflows over the prior 8 weeks.

Still modest, but a real shift in tone.

https://www.ccn.com/news/crypto/crypto-etfs-end-8-week-outflow-streak-282m-inflows-bitcoin-ethereum/
Ripple just landed in the same room as BlackRock, JPMorgan, and Goldman Sachs. πŸ›οΈ

The UK Treasury named Ripple to a 54-firm taskforce targeting live tokenized repo trials by spring 2027. Full adoption could add Β£33B to annual UK output by 2035.

Tokenized RWAs on the XRP Ledger have grown from $150M to $4B in one year, 500+ products now live.

Read more πŸ‘‡
https://www.ccn.com/news/crypto/ripple-uk-treasury-tokenization-taskforce-xrpl-rwas-4b/
SBI just partnered with Solana to build Japan's on-chain finance market, and #XRP holders aren't thrilled. πŸ‘€

Motley Fool's Johnny Rice thinks the bearish read is right anyway, he sees another 50% drop to $0.54, arguing Ripple's growth doesn't necessarily mean XRP demand.

Counterpoint: XRP's weekly RSI just hit oversold for only the 2nd time in 12 years. Last time, it preceded a 1,100% rally.

https://www.ccn.com/news/crypto/xrp-price-bearish-predictions-sbi-solana-venture-japan/
Brian Armstrong asked his followers: "Is the bottom in?" 55.8% said no. πŸ“Š

The poll landed as #Bitcoin slipped toward $62,000 amid fresh US-Iran tensions and $58M in liquidated long positions. Fidelity's power-law support sits near $56,500, some traders read the same chart as leaving room for $29,000.

Armstrong himself remains bullish long-term, still calling for $1M by 2030.

https://www.ccn.com/news/crypto/bitcoin-price-drop-coinbase-ceo-bottom-iran-tensions-60k/
Mizuho just downgraded Circle to Underperform, slashing its price target from $85 to $50. πŸ“‰

Per Wu Blockchain, the bank's worried OpenUSD's revenue-sharing model could force Circle into less favorable partner deals to stay competitive. Mizuho cut its 2027 EBITDA estimate for Circle by $391M, about 25% below consensus.

USDC circulation sits at ~$73B, down from ~$77B in Q1.

Read more πŸ‘‡
https://www.ccn.com/news/crypto/mizuho-downgrades-circle-underperform-price-target/
Top traders on Hyperliquid are holding their largest sustained Bitcoin long positions on record, per Glassnode data. πŸ“Š

The exposure now exceeds levels seen during BTC's run to $83K. One wallet alone holds ~$445M in crypto, including ~2,500 BTC. Total whale exposure on the platform sits around $3.5B.

Meanwhile HYPE itself is down over 2% even as the platform's open interest climbs toward $11B, RWA perps have overtaken Bitcoin as the largest category traded.

https://www.ccn.com/news/crypto/hyperliquid-bitcoin-long-positions-record-whales-bullish/
The #CLARITY Act is ready for "prime time," says Senator Lummis, with a Senate floor vote expected the week of July 20. πŸ›οΈ

XRP bulls are running with it, one X post claimed "new XRP millionaires in 24 days." The math doesn't hold up though: XRP would need to hit $110, a 9,900% gain, for a $10K investment to become $1M. That implies a $6.9T market cap, 5x Bitcoin's current size.

πŸ”Ž https://www.ccn.com/news/crypto/xrp-price-110-lummis-clarity-act-pass-july-20-millionaire/
Ripple just joined the x402 Foundation as a Premier Member, alongside Google, Visa, Mastercard, Stripe, AWS, and Coinbase. πŸ€–

The protocol lets AI agents pay for things autonomously, no human approval, no bank account. XRPL has processed 1M+ agentic transactions at a fixed $0.0002 each.

Still early though: Coinbase's Base has handled 119M x402 payments already, Solana ~35M.

Read more πŸ‘‡
https://www.ccn.com/news/crypto/xrp-price-ai-payments-x402-foundation-xrpl-1m-transactions/
Stripe and Advent just offered $53 billion for PayPal, $60.50/share, 28% above its last close. πŸ’³

Experts told CCN a merger could unite PayPal's 400M+ users with Stripe's stablecoin infrastructure (via its Bridge acquisition), pushing crypto payments toward the mainstream default.

Separately, analyst MichaΓ«l van de Poppe sees #Bitcoin holding $61K support and rallying to $75K-$80K in August.

https://www.ccn.com/news/crypto/stripes-53b-paypal-takeover-bid-bitcoin-adoption-80k-august/
Japan's Diet just passed a law reclassifying crypto as financial assets, on par with stocks and bonds. πŸ‡―πŸ‡΅

A companion tax reform would cut Japan's crypto tax rate from 55% to a flat 20.315% by 2028. Against Β₯2,000 trillion in household savings, even a 1% shift into crypto ETFs would be ~$130B, comparable to the entire US spot Bitcoin ETF market.

CryptoQuant's Darkfost flags a separate signal: BTC supply-in-loss is nearing levels last seen at prior cycle bottoms.

Read more ⬇️
https://www.ccn.com/news/crypto/bitcoin-250k-xrp-5-japan-crypto-financial-assets-law/
Senate math just got messy for the #CLARITY Act.

Republicans hold 52 seats after Senator Lindsey Graham's death this weekend, and Democrats Chris Murphy, Jeff Merkley, and Chris Van Hollen are refusing to supply the needed votes unless the bill addresses Trump's $1.4B in 2025 crypto income.

Ripple's Lauren Belive pushed back hard: "Voting no on the Clarity Act isn't being against the crypto industry, it's anti-consumer."

Polymarket odds on 2026 passage: down to 36%, from 82% in February.

https://www.ccn.com/news/crypto/democrats-clarity-act-corrupt-senate-vote-risk/