XRP is trading around $1.13 after recovering above its 50-day simple moving average at $1.117. The rebound has brought the price back toward $1.16, a resistance level that has repeatedly capped recovery attempts since late June.
Alexander Stefanov
Editor-in-Chief
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
Latest articles by Alexander Stefanov
Telegram founder Pavel Durov announced on his official Telegram channel on Tuesday that the messenger is rolling out a native, non-custodial Gram wallet to its entire user base this summer, putting self-custody crypto in front of more than 1 billion people through the app they already open daily.
Solana ended the second quarter with two very different stories. Trading in tokenized assets on the network more than doubled to a record $5.8 billion in quarterly volume, but overall decentralized exchange activity, lending and revenue generated from network use all declined.
Ethereum is approaching a technically important area after recovering to approximately $1,885 on July 20. The price has moved back above 0.382 Fibonacci resistance level while continuing to trade within the rising channel formed during its rebound from the late-June lows.
Swedish fund manager Alfakraft Fonder AB has added Bitwise Asset Management as a strategic partner, combining Alfakraft’s European fund infrastructure with Bitwise’s experience in crypto investment products.
Cardano’s Pogun initiative targets Bitcoin liquidity through a credit market, yield layer and trust-minimized bridge, but the project remains unfinished after its treasury request expired and its first deadline passed.
Hyperliquid has generated more than $1.2 billion in fees, while Grayscale’s HYPG ETF expands institutional exposure. Yet token burns, decentralization concerns and regulatory competition still shape HYPE’s long-term outlook ahead.
The European Securities and Markets Authority added 14 firms to its central register of authorised crypto-asset service providers in the update published on July 16, bringing the listed total to 294.
ONDO rose from around $0.31 on July 14 to nearly $0.39 on July 16 as the DTCC and SBI announcements accelerated buying. The token had pulled back to approximately $0.36 at the time of writing on July 17, but it remained roughly 16% above its pre-rally level.
E*TRADE from Morgan Stanley completed the rollout of spot cryptocurrency trading on July 16, allowing eligible US clients to buy, sell, and hold Bitcoin, Ethereum, and Solana through its website and mobile application.
Ethereum is retesting key Fibonacci level after a breakout attempt, with bullish momentum and whale profitability supporting continuation while overhead moving averages keep nearby reversal risk elevated.
J.P. Morgan’s two tokenized money market funds held a combined $871.2 million on Ethereum as of July 15. JLTXX accounted for approximately $769.1 million, or 88.3% of the total, while the earlier MONY fund held roughly $102.1 million.
