XRP's liquidations are off charts, with staggering imbalance favoring bearish traders over bulls. There's been a big shift in the market recently as XRP has seen a lot of bullish liquidations, while bearish activity has been much lower. The latest data from CoinGlass shows that $2.04 million was liquidated from long positions over the past 24 hours, compared to just $264,310 from short positions.

XRP Skyrockets 757% in 24 Hours in Abnormal Liquidation Imbalance

BONK momentum was barely bullish and buying pressure was indecisive. The liquidation levels showed that prices could be pulled lower in the coming weeks. Bonk [BONK] endured a rough week, losing 22% from the high on the 22nd of July, but might be turning a corner. It followed Bitcoin’s [BTC] momentum, but the memecoin has maintained its bullish structure since.

How long will BONK struggle? Watch out for these key levels

Despite memecoins’ continued dominance in investment appeal, BONK and PEPE have taken a back seat. As a result, PEPE traders have begun to look to Ethereum tokens in DeFi for maximum gains. In their search, they have identified RCO Finance for a potential 300x rally. Can RCOF live up...

PEPE Traders Jump to this $0.0127 Ethereum Token with 300x Potential to Rise Higher than BONK’s 2024 Rally

Bitcoin is down close to 3% after climbing to a local high at $69.4k. The Bitcoin dominance and liquidity charts hold clues about the next price move. Bitcoin [BTC] reached the $69k resistance zone. In an earlier report, it was highlighted that the liquidity pool at this level would likely attract prices to it before a potential bearish reversal.

Bitcoin’s drop from $69.4k – Key levels and trends to watch this week!

Bitcoin has had a bearish structure on the weekly and 3-day price charts. Technical indicators were mixed, but overall, prices are more likely to fall than trend higher. Bitcoin [BTC] roared back to life after visiting the liquidity pool at the $64k zone. The price slump reversed within a few hours, and the $69k liquidity zone was the next short-term target.

A test for Bitcoin bulls at $69K – What should you watch out for?

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

NewsByJoshua

Here’s a story that’s making waves in the retail world: Conn's HomePlus, a well-known discount furniture chain, has just filed for Chapter 11 bankruptcy. And the news isn’t just about numbers—it’s about real people and places, so let’s dive into what’s happening.

Another retail giant has just filed for Chapter 11 bankruptcy and is shutting down several stores.

New York Post

There may be trouble looming on the horizon for the U.S. stock market, according to BCA Research.

In a note to clients last week, BCA Research chief global strategist Peter Berezin warned that, contrary to popular belief, the economy will fall into a recession either this year or in early 2025. 

Should that happen, the S&P 500 could tumble to 3,750, which marks a 30% drop from current levels.

Stock market could drop 5% or more before end of 2024: Wall Street analyst warns

Berezin’s prediction hinges on the belief that the labor market will slow notably in coming months, which will weigh heavily on consumer spending...

US headed for a deep recession in near future as stocks could fall 30%, analyst warns

Chicago, IL

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

The biggest news of the morning? Seeing the June CPI print with a negative sign. You can be pretty sure now that Fed rate cuts are coming. The overall June consumer price index dropped 0.1 points from May. Year-on-year, it almost printed with a 2-handle (it came in at a flat 3.0%). The core was only up one-tenth on the month, and 3.3% on the year. And yes, the yearly numbers are still high. But the recent trend has been incredibly soft. Core CPI for the past three months annualized is now running just 1.1%.

Kelly Evans: The cuts are coming

Cathie Wood's Ark Investment Management issued a new forecast for Tesla stock last month. Wood thinks Tesla is the biggest artificial intelligence (AI) opportunity in the world, thanks to its full self-driving technology. Wood thinks Tesla stock will soar to $2,600 by 2029, but I think investors should pump the...

1 Unstoppable Stock That Could Soar 1,110% by 2029, According to Cathie Wood

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

The Current GA

Since 2020, the condition known as long COVID-19 has become a widespread disability affecting the health and quality of life of millions of people across the globe and costing economies billions of dollars in reduced productivity of employees and an overall drop in the work force .

Expert: Long COVID puzzle pieces are falling into place – picture is unsettling

The Motley Fool

Stocks with big run-ups behind them can still be smart buys.

2 Soaring Stocks I'd Buy Now With No Hesitation

XRP experienced a commendable resurgence over the weekend, following a tumultuous period for major crypto assets. As of Sunday evening, XRP was trading at $0.592, reflecting a 2.155% increase over the past 24 hours and a 24% surge over the past week. This resurgence has captivated investors, with many speculating that XRP might be preparing for a massive bullish run.

Ripple Lawsuit: Pundit Predicts Historic 60,000% Surge For XRP Price as Settlement Looms

Goldman Sachs issued a warning that an S&P 500 correction is imminent and advised investors against buying the dip. In a note to clients, an analyst at the investment bank highlights several indicators pointing towards a downturn in the market. He points out that July 17 typically marks the end...

Goldman Sachs says S&P 500 correction is coming, urges investors not to buy dip

J. Souza

Royal Caribbean’s Utopia of the Seas, a $1.35 billion behemoth of the sea, has recently been introduced to the world since its maiden voyage on July 19th. The ship, boasting nearly 5,700 passengers and a crew of over 2,200, offers an array of amenities designed to cater to multi-generational families on shorter 3- and 4-day itineraries.

Cruise Passengers Not Happy About Feature on World's Newest Mega Ship

You'll want to hold onto these stocks for the long term...

2 No-Brainer Stocks I'd Buy Right Now Without Hesitation

A new CoinGecko survey reveals that about four in 10 crypto market participants are expecting Bitcoin (BTC) to shatter the $100,000 price level. CoinGecko polled 2,558 people associated with the digital asset industry, of whom 69% identified as crypto investors with primarily long-term holdings. Around 18% of the respondents considered...

More Than 40% of Crypto Industry Participants Expect Bitcoin To Surpass $100,000 This Cycle: CoinGecko Survey

Reuters

NEW YORK (Reuters) -A hefty U.S. stocks sell-off sent Wall Street's most watched gauge of market volatility to a three-month high and boosted options trading volume on Wednesday, though strategists saw little evidence of panic.

'Fear gauge' hits three-month high as US stocks sell off

Shares in fast casual restaurant Chipotle Mexican Grill jumped in extended trading Wednesday after the burrito maker reported second-quarter results that came in above Wall Street’s expectations. Following a correction of around 24%, Chipotle shares appear to have found support near a trendline linking prior price action and the...

Watch These Chipotle Price Levels as Stock Jumps After Strong Earnings Report

Crypto analyst Common Sense Crypto has predicted that XRP could rise by 16,500% and reach $100. He suggested when that could happen and gave reasons why the crypto token can reach such heights despite the reservations some other market participants might have. When XRP Will Hit $100. Common Sense Crypto...

Pundit Says XRP Price Will See 16,500% Rally To $100 – Here’s The Timeline

NewsBreak

BONK on the brink: Will it skyrocket this week? What you need to know!

BONK price surged by 8% in 48 hours after retesting a key support level. Short-term momentum is bullish but wedge pattern suggests caution. BONK was consolidating...

BONK on the brink: Will it skyrocket this week? What you need to know!

Comments / 0