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Crypto

Cardano market cap recovers to $6 billion, on-chain metrics sound warning

Cardano\'s market value has recovered to the $6 billion level as the broader crypto market ticked up after a U.S. inflation reading. But bearish sentiment is rising in derivatives markets, with more short bets and a potential dead cross on the weekly chart. On-chain data tracked by Santiment show unusual moves, including rising age-consumed metrics and dormant wallets starting to move, while trading volumes have fallen to a two-year low.

Crypto

Shiba Inu daily burn value just $4 as burn rate drops 72 percent

Shiba Inu\'s daily token burn rate fell 72.04 percent, with 936,689 SHIB burned in the past 24 hours worth about $4. Weekly burns also dropped, reflecting weaker trading across the broader crypto market. Santiment said trading volumes in major non-stablecoin and stablecoin assets were near multi-quarter lows. Derivatives indicators pointed to rising bearish sentiment. The token price remained weak but rose 1.87 percent after U.S. CPI data.

Crypto

XRP enters \'fair buy\' zone as bill push and tokenisation growth highlight accumulation phase

XRP has entered a so-called “fair buy” range on short-term indicators, an analysis showed. On-chain analytics platform Santiment said XRP’s 30-day MVRV fell to minus 8 percent, leaving most investors who bought in the past month in the red. It said selling pressure has eased after heavy loss-taking. More than 200 crypto organisations are urging passage of a “Clarity” bill by July 4, 2026, while XRPL real-world asset tokenisation rose to $3.67 billion.