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On July 6, Sony Group announced that it will stop producing physical game discs for the PlayStation 5, meaning that after January 2028, all newly released games will only be available for purchase thr

Sony to Cease Production of PlayStation 5 Physical Game Discs, Ending Era of Physical Game Ownership

Building the Future of Web3 Why WINkLink Matters More Than Ever Every great innovation is supported by infrastructure that quietly makes everything else possible. Throughout this series, we've explore

On July 6, Reuters reported, citing a senior U.S. official, that President Trump plans to meet with Ukrainian President Zelensky on July 8 during the NATO summit to discuss solutions to the Ukraine co

Trump Plans to Speak with Putin After Meeting Zelensky in Turkey

BlockBeats News, July 6, according to EmberCN's monitoring, Garrett Jin, who established a ZEC short position 9 days ago, increased his position again 1 hour ago. He currently holds a ZEC short positi

Garrett Jin has increased his short position on ZEC, with the current position valued at approxim...

BTC Prophet: 20-Day 380 Million HTX ChallengeHTX Invites You to Share 600K USDT in Gift PacksWorld Cup Predictions: 100,000 USDT DailyTalk of a new altcoin cycle is starting to pick up again. Based on

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HTX Invites You to Share 600K USDT in Gift Packs

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Talk of a new altcoin cycle is starting to pick up again.

Based on how this week has played out, that narrative is beginning to gain traction. On the weekly timeframe, while Bitcoin [BTC] is up more than 5%, Ethereum [ETH] has attracted 2x the capital inflows, pushing the ETH/BTC ratio up nearly 7%. More importantly, this marks the ratio’s strongest weekly gain since August 2025, reinforcing the idea that “altcoin-led” momentum is starting to build across the market.

Ripple hasn’t been left behind. As the chart below shows, the token is up nearly 9% this week, with its highest wick reaching $1.18, a level it hadn’t reclaimed since losing it in mid-June. That move points to strong buying interest as capital continues rotating into higher-beta altcoins.



Source: TradingView (XRP/USDT)
Backing this up, the XRP/USDT ratio has also climbed more than 3% this week.

Against this backdrop, leaning long on XRP isn’t a stretch. In fact, an analyst recently flagged a whale opening a $16 million XRP long at an average entry of $1.10. At the time of writing, the position was already sitting on roughly $477,000 in unrealized profit.

With altcoin momentum continuing to build, this doesn’t look like a random high-leverage bet. If anything, it signals growing conviction that XRP still has room to move higher as capital continues rotating into altcoins. That naturally raises the question: Is XRP’s current setup quietly turning into a textbook bear trap?

XRP’s leverage spike puts the $1 level under the spotlight
Long positioning in XRP is starting to go parabolic.

Normally, when leverage gets this crowded on the long side, the risk of a volatility event increases. Even a modest shift in sentiment can trigger a wave of long liquidations, especially with XRP still trading around the $1 supply zone. In that scenario, the ongoing altcoin rally 

Talk of a new altcoin cycle is starting to pick up

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Ethereum is still waiting for the market to give it a cleaner story. ETH is holding near the $1

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TRON (TRX) has shown notable price action, highlighted by its candlestick data. The cryptocurrency opened at $0.325813, reaching a high of $0.32985 and closing at $0.328131, which reflects a change ra

I’ve been thinking a lot about where AI is heading, and one thing keeps standing out to me. AI is getting smarter at an incredible pace, but the infrastructure supporting it still feels like it belong

Elon Musk’s SpaceX will be officially added to the Nasdaq-100 index before the U.S. market opens on July 7, just 15 days after its June 12 Nasdaq debut, setting the fastest inclusion record since the 

SpaceX to Join Nasdaq-100 on July 7 After Rule Change; JPMorgan Sees $4.3B Passive Inflows

RONIN talk is cautiously optimistic despite low engagement. On Jun 16, Ronin rebranded Waypoint to Ronin Stash and urged token/NFT migration (deadline Sep 16). On Jun 11, PoD S2 teased; on Jun 18, Cra

$AUDIO is ready to hit 0.02$ Very SOon. . The momentum is so strong💪 Entry 0.01 TP 0.02 SL 0.009 #BOKWarnsSingleStockLeveragedETFRisks #VitalikOutlinesLeanEthereumRoadmap EthicalHackersFindAptosFlawRisking$70B #BrazilCentralBankSaysStablecoinsElectronicMoney StablecoinMarketCapFalls$10BTo$300B #UKFCAPublishesCryptoRegFramework

$AUDIO is ready to hit 0.02$ Very SOon. . The momentum is so strong💪 Entry 0.01 TP 0.02 SL 0.009 #BOKWarnsSingleStockLeveragedETFRisks #VitalikOutlinesLeanEthereumRoadmap EthicalHackersFindAptosFlawRisking$70B #BrazilCentralBankSaysStablecoinsElectronicMoney StablecoinMarketCapFalls$10BTo$300B #UKFCAPublishesCryptoRegFramework

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