Bitcoin price has been ranging since June 18, but rumors of insolvency have been spreading on multiple popular platforms in the industry. KuCoin, the fifth-largest cryptocurrency exchange in the world is at the center of bankruptcy rumors.
Dogecoin price managed to slow down its bleeding in the second and third week of June but now sellers seem to have come back. As a result, DOGE is undergoing a minor retracement, but the recent adoption of certain DOGE payments by Door Dash and Uber Eats will be a value add to the fundamentals of the meme coin.
Tezos (XTZ) price is still very much stuck in an overall downtrend since November. A clearly defined trend channel can be derived from a daily chart, which spells roughly another 80% downturn. Once the current plateau breaks, another leg lower is likely to get underway, and $1.00 could be at risk of breaking.
