news 
Ripple (XRP) Price Predictions, Recent Binance Changes, and More: Bits Recap July 4th
The cryptocurrency space is abuzz with the latest developments from Binance, and we’re here to bring you up to speed on all the essential bits. In this recap for July 4th, we’ll delve into some of the most significant updates, including XRP price predictions.
First off, let’s talk about Ripple (XRP). Despite experiencing a daily decline of around 2.5%, the XRP price has managed to surge by an impressive 6% on a weekly basis, keeping its overall sentiment bullish. As such, it’s no surprise that analysts are still flocking to their crystal balls to predict future movements.
In this regard, we can report that certain enthusiasts believe XRP could potentially skyrocket to $2.65 or even $3, while others have even more ambitious forecasts, envisioning a historic surge all the way to $30. It is worth noting that the former X user World of Charts has already argued that an XRP breakout and retest has been confirmed, anticipating a pump above $3 sometime in July.
On the other hand, some popular analysts have made more realistic predictions for the token’s near-term performance. For instance, Ali Martinez and Crypto Beast think the asset could form an inverse head and shoulders pattern, potentially setting the stage for a 15% breakout to $2.65. Alternatively, Crypto Beast anticipates XRP making a trifecta during the current bull run.
Meanwhile, Binance has been busy itself, having recently welcomed Newton Protocol (NEWT) and Sahara AI (SAHARA) as new loanable assets on its VIP Loan program. While this addition may have led to some price corrections for these tokens, it’s essential to note that they’re now more accessible than ever before.
In related news, Binance also made significant changes to its spot trading pairs. The exchange has removed the following: ACT/EUR, FIO/BTC, TNSR/FDUSD, and TST/FDUSD. It goes without saying that this move would typically have a negative impact on the affected coins due to reduced liquidity, lower visibility, and reputational harm.
The token taking the biggest hit from these changes is undoubtedly FIO, which plummeted by 8% following the news.
Lastly, we can report that Binance has launched new staking options for SOL-related tokens. This development allows users to stake their holdings of BNSOL, sBNSOL, or bzSOL and earn up to a whopping 6.5% APR, with boosted LAYER, ACE, and DYM airdrops distributed automatically.
In other news, Bitcoin (BTC) has made history in May by reaching almost $112,000 and closing Q2 at an impressive $107,500 – its highest quarterly close on record.
Source: cryptopotato.com
