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Ripple Garlinghouse posted a word, "True," in response to Flare Philion's observation that the industry is now scrambling to become XRP.

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Cardano's market valuation returned to the $6 billion mark after dropping below it earlier. At the time of writing, Cardano's market cap was exactly $6 billion, according to CoinMarketCap data, while ADA price traded at $0.165.

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Glassnode's latest Week On-chain report says Bitcoin has entered a deep discount phase, with over 95% of short-term holders underwater and realized losses approaching levels associated with severe capitulation.

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Kevin O'Leary says Bitcoin's (CRYPTO: BTC) recent weakness has less to do with fading investor interest and more to do with regulatory uncertainty. BTC Going “Nowhere” Until CLARITY Act Appearing on Fox Business on June 10, the O'Leary Ventures chairman said Bitcoin's decline from its all-time high near $120,000 to around $60,000 has disappointed many investors who expected ETFs and institutional adoption to drive prices higher.