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The Ethereum Foundation officially reduced its staff by 54 employees (roughly 20% of its workforce) yesterday, June 22, 2026. The Foundation described the recent staff cuts as the final step in a restructuring process that began in June 2025 when the Foundation adopted a new set of objectives and a stricter treasury policy.

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Cardano is facing a combination of financial and governance headwinds. Monero is facing major regulatory headwinds, but it might not matter.

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XRP clung to $1.10 after a sharp drop, with bearish signals and broader market pressure weighing on sentiment as long liquidations amplified losses despite positive Ripple regulatory news. XRP Price Faces Pressure Near Key Support At 12:44 p.m. EDT on June 23, XRP is trading at $1.09976, down 3.

 

XRP is trading at $1.09, down 3.41% over the past 24 hours, as broader market weakness continues to weigh on the token. Despite the daily decline, the weekly chart is telling a more stable story, with the critical $1.13 support level holding for now and a previously flagged bearish pattern looking increasingly unlikely to confirm.