AVAX price down 9.75% on geopolitical tensions, but technicals saw it coming

The long-running legal battle between Ripple and the SEC is finally winding down, with both sides dropping their appeals. A crypto analyst has flagged July 3rd as a key date to watch—likely signaling the official end of this high-stakes lawsuit. For XRP investors and the broader crypto world, this could bring much-needed clarity after years of uncertainty.

Editor’s Note: This isn’t just another court date—it’s potentially the finale of a lawsuit that’s hung over Ripple and XRP for years. If the case closes without further appeals, it could set a precedent for how crypto firms deal with regulators moving forward. For everyday investors, it might finally clear up whether XRP is a security or not, which could shake up its market value. Either way, July 3rd is a big deal for crypto’s legal landscape.

Tron (TRX) is making waves again as it hovers between $0.211 and $0.295—a price range it's been stuck in for months. If it breaks out above $0.295, we could see a big surge, but for now, it's still a waiting game. Meanwhile, most of the trading volume comes from large transfers, hinting at heavy institutional or whale activity rather than everyday investors.

Editor’s Note: Tron's price stability might sound boring, but it’s actually a big deal—if it breaks out of this range, it could signal a major shift in momentum. The dominance of big transfers also suggests that deep-pocketed players are keeping a close eye on TRX, which could mean they're betting on (or against) its next move. For crypto watchers, this is a classic "watch and wait" moment.

The SEC is reportedly working on a new standard that would streamline the approval process for crypto ETFs. Instead of requiring each issuer to file individual rule-change requests—a time-consuming step—this framework would let them use a generic listing process. Think of it like a fast-pass lane for crypto ETFs, potentially speeding up their arrival on the market.

Editor’s Note: If this happens, it could be a big deal for crypto investors and the industry. Right now, getting a crypto ETF approved is a slog, with each application reviewed separately. A standardized approach could open the floodgates for more products, giving everyday investors easier access to crypto without the hassle of direct ownership. It’s another sign regulators might be warming up to crypto—or at least finding ways to handle it more efficiently.

The Senate just approved Trump’s hefty budget bill—dubbed the "big, beautiful bill"—but crypto enthusiasts might be disappointed. Despite the 1,000-page document’s sweeping scope, there wasn’t a single reference to Bitcoin or cryptocurrency.

Editor’s Note: For the crypto world, silence can speak volumes. The absence of any mention suggests lawmakers aren’t prioritizing digital currencies in this budget cycle, leaving regulatory uncertainty hanging. It’s a non-decision that keeps the industry in limbo—no crackdown, but no support either.

A 33-year-old socialist named Zohran Mamdani has unexpectedly emerged as a frontrunner in New York City's mayoral race, drawing both enthusiasm and skepticism. While his progressive policies resonate with many voters, critics dismiss them as impractical. Meanwhile, crypto enthusiasts on X (formerly Twitter) are actively opposing him—likely due to his stance on financial regulation or wealth redistribution, though the article doesn't spell out their exact grievances.

Editor’s Note: Mamdani's rise signals a shift in NYC's political landscape, where bold progressive ideas are gaining traction despite pushback. The crypto community's resistance adds an intriguing layer—it hints at how digital-savvy interest groups are becoming vocal players in local elections, even when the stakes seem unrelated. Whether you love or hate his platform, this race could foreshadow bigger battles over economic policy and tech industry influence in urban governance.