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Crypto

Bitcoin capitulation stretch lengthens, Glassnode says coldest since FTX

Bitcoin has entered its longest capitulation phase since the collapse of FTX in 2022, an analysis showed. Glassnode’s composite price-cycle indicator pointed to capitulation throughout 2026. The heatmap combines 45 metrics, including market capitalisation, to gauge the market’s cycle position. Glassnode said the market is late in a bear phase but has not reached the deep-blue conditions seen at past bottoms. On-chain activity has strengthened, while small transfers rose after a Coldcard wallet bug.

AI & Enterprise

Cursor acquires open source coding assistant Continue

AI coding tool Cursor has acquired the open source coding assistant Continue. TheNewsStack reported on June 22 that the deal was signed alongside the timing of SpaceX\'s acquisition of Cursor for $60 billion, meaning Continue also moved under SpaceX. The terms were not disclosed. Existing Continue users can export data until July 15, after which it will be deleted. Continue is a Y Combinator alum and was offered as a VS Code extension, JetBrains plugin and CLI.

Crypto

XRP 27-dollar scenario hinges on clearing $1.66 then reclaiming $2

XRP has entered a zone where major technical signals overlap, raising the possibility of a move toward the $27 range over the medium to long term, an analysis showed. The scenario requires XRP to break above $1.66, the upper boundary of a falling wedge, and then reclaim $2. Analysts also cited Fibonacci-based targets of $8.48, $13.70, $18.06 and $27.68, while warning a failed breakout could reopen downside levels at $1.21, $0.90 and $0.60.