Jake Claver, CEO of Digital Ascension Group, says ultra-wealthy families are rapidly accumulating XRP, and he believes most XRP holders still don’t realize how rare their position is. In a video posted on X, Claver revealed that his firm has been in recent conversations with large family offices that are now making significant allocations into XRP. His comments arrive at a moment when XRP’s long-term narrative is witnessing increased interest due to ETFs, and they highlight a shift happening among investors who have always avoided cryptocurrencies altogether. Related Reading: Bitcoin Adoption Is Just Getting Started — 200x Growth Possible, Tom Lee Says Wealthy Families Quietly Accumulating XRP Claver explained that XRP ownership is currently extremely limited relative to the global population, noting that only around 8 million wallets exist on the XRPL. Half of those wallets contain fewer than 100 XRP, which makes existing holders far more uncommon than they may think. He contrasted this with Bitcoin’s widespread ownership, arguing that XRP is still early in its adoption curve. He said the wealthy families showing interest are not looking for quick profits. According to him, they have already built their fortunes and instead see XRP as a form of insurance. According to his post, these families are buying crypto, not to get richer, but to protect the wealth they already have. He described their interest in cryptocurrencies as a hedge. These investors want something uncorrelated in their portfolios ahead of any potential shock in traditional markets. Claver’s $10K Price Target And The Conditions He Outlined When asked where he sees the price of XRP going, Claver stated that he believes the cryptocurrency could be trading at $10,000 by late 2026 or early 2027. He tied this prediction to how much ecosystem infrastructure becomes active on the XRPL over the next two years. He said the network would need substantial institutional-grade utilities, including XRP treasury systems, Evernorth’s launch, on-chain borrowing mechanisms, and new amendments to the XRP Ledger that will bring in additional compliance layers and smart-contract features. His projection assumes that rising network volume will require higher liquidity levels and that price stability at four- and five-figure ranges will only be achievable if the ledger is handling large-scale financial flows. He also pointed to ETFs as a major factor in shaping supply and demand, noting that as ETF adoption grows, more XRP will be locked away in long-term institutional products. Speaking of ETFs, Spot XRP ETFs are now approaching $1 billion in total net assets and could cross that threshold within the next few days. Since their debut, these funds have taken in about $897.35 million worth of XRP from exchanges and OTC desks, and they have yet to record a single day of outflows. Related Reading: A New Era Begins: CFTC Approves Spot Bitcoin On Regulated US Markets This growing demand ties directly into a quiet change happening among institutions, a trend Ripple’s CEO Brad Garlinghouse recently highlighted. He explained that Ripple is seeing notable activity through Ripple Prime, where long-watching institutions that once stayed out due to regulatory uncertainty or simple risk aversion are finally beginning to step in. Featured image from Unsplash, chart from TradingView
Two long-dormant Casascius coins, each loaded with 1,000 Bitcoin, were activated on Friday, unlocking more than $179 million that had sat untouched for over 13 years. Related Reading: Bitcoin Adoption Is Just Getting Started — 200x Growth Possible, Tom Lee Says According to onchain data, one of the coins was minted in October 2012 when Bitcoin traded at $11.69. The other dates back to December 2011, when BTC was worth $3.88, giving that piece a theoretical gain near 2.3 million% since minting. Historic Physical Coins Activated Based on reports, Casascius coins (metal coins) were produced between 2011 and 2013 by Utah entrepreneur Mike Caldwell as physical representations of Bitcoin. Each coin or bar concealed a paper with a private key, and a tamper-resistant hologram covered that key. ???????????? Two Casascius coins, each containing 1,000 BTC, have just moved after being dormant for more than 13 years. pic.twitter.com/nlFUy39MkD — Sani | TimechainIndex.com (@SaniExp) December 5, 2025 Records show only 16 of the 1,000 BTC bars and 6 of the 1,000 BTC coins were ever made, making these items both rare and historically important. Caldwell shut down the operation after receiving a letter from FinCEN that raised questions about whether his business qualified as an unlicensed money transmitter. How The Coins Worked The mechanism was simple in practice but strict in outcome: whoever removed the hologram and revealed the private key could claim the full Bitcoin value stored beneath it. Once that sticker was lifted and the private key used, the coin no longer carried any Bitcoin value. Based on reports, collectors treat that moment as irreversible. Some owners chose to move funds off the physical coins without cashing out. Rarity And Returns Numbers here show why collectors and investors watch these events closely. Two coins at 1,000 BTC each represent a huge hoard when prices are high. Even leaving aside the cost of minting, the December 2011 coin’s rise from $3.88 to current market valuations yields a headline-grabbing multiple. But experts warn that turning the private key into spendable Bitcoin is only the first step; what happens next depends on the holder’s choices. Some will hold. Others may move funds into cold storage. Selling is not guaranteed. Related Reading: A New Era Begins: CFTC Approves Spot Bitcoin On Regulated US Markets Derivatives Market Shock Meanwhile, the spot and derivatives markets are experiencing high volatility. Based on CoinGlass data, today’s derivatives activity showed an 11,588% liquidation imbalance that overwhelmingly wiped out long positions. Bitcoin, at the time of writing, was trading below $90,000, and more than $20 million in BTC long liquidations occurred in minutes while short positions barely budged. That kind of one-sided pressure happens when many traders are crowded in the same direction and conditions change quickly. Featured image from Unsplash, chart from TradingView
A crypto analyst has made an unexpected declaration, predicting that XRP investors could become extremely rich in just a few months. This bold claim comes with a new technical analysis, suggesting that XRP is now entering a pivotal price area that previously triggered explosive rallies. Despite the cryptocurrency’s low price and recent downtrend, the analyst remains confident that XRP could mirror past trends and skyrocket to new highs. Related Reading: Bitcoin Adoption Is Just Getting Started — 200x Growth Possible, Tom Lee Says XRP To Make Holders Wealthy In 3 Months? In a recent X post, popular market analyst ‘Steph Is Crypto’ issued a dramatic warning to XRP holders, announcing that investors will become extremely rich within the next three months. The analyst’s bold prediction elicited mixed reactions from the XRP community, with some expressing optimism and others skepticism. Steph Is Crypto shared a price chart with colored bands to support his ambitious claims, tracking XRP’s performance through multiple past bull cycles. The chart highlights a recurring pattern in which XRP enters a higher-colored zone during periods often associated with altcoin strength. In previous cycles, those moments were followed by unexpected, explosive upward price moves. During the bull cycle in 2018, XRP skyrocketed by 100x, pushing its price up towards its current all-time high of $3.84. A similar uptrend occurred again during the 2020 to 2022 cycle, with XRP entering a prolonged bull phase that saw its price rally by 20x. According to Steph Is Crypto, the current chart setup appears similar to these past bullish phases. His chart analysis suggests that XRP is once again approaching the same colored region that previously marked the start of strong price rallies. While the scale of the projected acceleration this time may differ from the peaks seen in the last two cycles, Steph Is Crypto remains confident that it will still be substantial enough to make holders significantly wealthy by March 2026. XRP Maintains Bullish Monthly SuperTrend Crypto market analyst ChartNerd has released a fresh technical analysis of XRP, suggesting that the cryptocurrency continues to show strong positive signals. According to him, XRP’s monthly SuperTrend remains firmly bullish. He emphasized that maintaining a price above the green SuperTrend line near $1.30 signals a long-term upward trajectory, with no red trends currently indicating the onset of a bear market. ChartNerd shared a chart with a SuperTrend overlay where green lines represent bullish conditions and red lines highlight previous bear markets. The current monthly candles for XRP remain well above the green zone, reinforcing the belief that broader market conditions favor an upside. The analyst interprets this as confirmation that XRP’s long-term price trend is still predominantly bullish. Related Reading: A New Era Begins: CFTC Approves Spot Bitcoin On Regulated US Markets Historical data on the chart also indicate that past declines in XRP coincided with prolonged red SuperTrend phases. This happened before the big 2017 and 2020 breakout, with each recovery triggered once the price moved back above the green SuperTrend line. Featured image from Unsplash, chart from TradingView
VTB, Russia’s second-largest bank, has told clients it plans to let them buy and sell real cryptocurrencies through its brokerage service, with a target rollout in 2026 pending regulator approval. Related Reading: Bitcoin Crash Fails To Shake Ripple CEO — He Still Calls For $180K According to the bank, the move would go beyond the derivative products that most Russian banks have offered so far. It is a clear shift toward opening traditional finance to digital assets, at least for now among wealthy clients. Client Eligibility And Timetable Reports have disclosed that VTB intends to begin with high-net-worth customers only. The bank set thresholds for its initial offering: clients with assets above $1.3 million or annual income over $649,000 would be eligible at first. Andrey Yatskov, who heads VTB’s brokerage arm, said there is “sharp demand” from clients for access to actual crypto, not just paper products tied to token prices. The bank has picked 2026 as the planned start year, but it made that clear the launch depends on regulators signing off. Real Crypto, Not Just Contracts Based on reports, the service would allow ownership of the underlying coins — not merely derivative contracts or token-linked notes. That is a significant distinction in Russia, where until recently banks were limited to offering exposure through derivative instruments. Allowing customers to hold coins directly would require legal and compliance work, from custody arrangements to anti-money-laundering controls. Those steps are on the critical path before any retail expansion can happen. Potential Market Signals VTB has also given investors a sense of how it views crypto as an asset class. The bank recommended a 7% allocation to crypto for some investor profiles, and its internal forecasts have mentioned medium-term Bitcoin price targets in the $200,000–$250,000 range under favorable conditions. If VTB moves forward, it could be the first major Russian bank to operate in this way — a signal that some parts of the financial sector see token ownership as something to be offered through mainstream channels. Related Reading: A New Era Begins: CFTC Approves Spot Bitcoin On Regulated US Markets Regulatory Hurdles And Geopolitics The plan is not risk free. Russian regulation of crypto is still evolving, and any permit to offer direct trading will require approval from the relevant authorities. Sanctions and other geopolitical pressures could alter timelines or force changes to how the service is structured. Compliance teams will need to reconcile domestic rules with international restrictions that affect many big banks operating in or dealing with Russia. For now, the rollout remains conditional. VTB’s timeline, client criteria, and product design all hinge on legal clarifications and regulator consent. Market participants and clients will likely follow announcements from the Bank of Russia and other agencies to judge how soon broader access might come. Featured image from Pexels, chart from TradingView
Regulators in Washington on Thursday cleared a major step that lets Americans trade spot Bitcoin and other cryptocurrencies on federally registered exchanges for the first time. Related Reading: Bitcoin Crash Fails To Shake Ripple CEO — He Still Calls For $180K According to the Commodity Futures Trading Commission, listed spot crypto products may now be offered on exchanges registered with the agency, a move announced on December 4, 2025. Regulated Spot Trading Begins The action comes from a CFTC press release labeled Release No. 9145-25 and that the change allows spot crypto contracts to be listed on futures exchanges that are registered with the CFTC. The regulator said its rules now permit such listings to trade under the oversight and surveillance standards those exchanges already follow. .@CFTCpham Announces First-Ever Listed Spot Crypto Trading on U.S. Regulated Exchanges: https://t.co/89Mx6f0ss4 — CFTC (@CFTC) December 4, 2025 Bitnomial Leads The Way Bitnomial, a Chicago-based derivatives exchange, is set to be the first exchange to list such products, with plans to offer both leveraged and non-leveraged spot trading on its platform. Market notices and statements show Bitnomial moved quickly to use the new framework, announcing a launch and filings that position it as the first US venue to trade listed spot crypto under CFTC rules. What This Means For Investors According to market commentators and reporting, the shift brings spot trades under long-standing market protections like clearing, surveillance and execution rules that apply to other listed products. That can make some institutional players and big funds more willing to trade onshore. At the same time, regulators say this is meant to pull activity away from unregulated offshore venues and improve market oversight. Acting Chairman Caroline Pham said the move is meant to strengthen the US position in the crypto market while giving traders access to safer and more transparent trading venues. Risks Remain Reports have disclosed that the change does not remove the underlying risks of crypto: prices can swing widely, and no regulatory move can stop market volatility. Also, only exchanges that seek and obtain the proper CFTC registration will be able to use this route, so most offshore platforms remain outside US oversight for now. Related Reading: Eric Trump Says Bitcoin Could Hit $500,000, Stands By ABTC Strategy Next Steps Observers will be watching whether other US exchanges follow Bitnomial, how many retail investors gain access, and how the SEC responds on parallel issues such as token classification and custody rules. The CFTC had flagged this pathway in August as part of a broader initiative to allow listed spot crypto trading, and agencies have since coordinated on guidance and public engagement. The CFTC’s Acting Chairman said this brings spot crypto trading into a regulated setting Americans can trust, and that exchanges with the right protections can now list these products. This development is part of a months-long policy push by the administration to create clearer rules for digital assets. Featured image from Barron’s, chart from TradingView
A sharp rise in crypto liquidations is sending a louder message of how some traders are using more leverage in recent months. Related Reading: Bitcoin Trail Ends: $29M Seized After European Authorities Shut Down Cryptomixer Average daily wipeouts have jumped from roughly $28 million in long bets and $15 million in shorts during the last cycle to about $68 million long and $45 million short in the current cycle, according to a new Glassnode and Fasanara report. That shift has made single sell-offs much more violent. Early Black Friday Shock Reports have disclosed that Oct. 10 was the clearest sign of the change. On that day, more than $640 million per hour in long positions were liquidated as Bitcoin plunged from $121,000 to $102,000. Open interest fell about 22% in less than 12 hours, sliding from close to $50 billion to $39 billion. Traders felt the move fast. Positions were closed out on a scale Glassnode called one of the sharpest deleveraging events in Bitcoin’s history. Futures Activity Hits Records Futures markets have swelled. Open interest climbed to a record $68 billion and daily futures turnover topped $69 billion in mid-October. Perpetual contracts now account for more than 90% of that activity, which concentrates risk in instruments that reset continuously. Average daily futures wipeouts rising to $68 million long and $45 million short shows the costs when big swings occur. Spot Trading Doubles Based on reports, spot trading has also become more active. Bitcoin’s spot volume has climbed into an $8 billion to $22 billion daily range, roughly double what was seen in the prior cycle. During the Oct. 10 crash, hourly spot volume spiked to $7.3 billion, with many traders stepping in to buy the dip rather than run for the exits. That flow has helped shift where price discovery happens. Capital Flows And Market Share Monthly inflows into Bitcoin have varied from $40 billion to $190 billion, pushing realized market capitalization to a record $1.1 trillion. Roughly $730 billion has flowed into the network since the November 2022 low — more than all previous cycles combined. As a result, Bitcoin’s share of overall crypto market cap rose from 38% in late 2022 to 58% today, based on the report’s figures. Related Reading: $93K And Climbing: Analysts Say Bitcoin’s Push To $100K Has Begun Bitcoin As Settlement Rail Meanwhile, there’s another striking stat: over the past 90 days the Bitcoin network processed nearly $7 trillion in transfers. That throughput exceeded what major card networks handled in the same window. This has been cited as a reason some participants view Bitcoin not just as a store of value, but as an increasingly important settlement rail. Bitcoin Price Action At the time of writing, Bitcoin was trading at $93,165, up 6.5% and nearly 7% in the daily and weekly timeframes. Featured image from Unsplash, chart from TradingView
Authorities in Europe have shut down a large crypto mixing service and seized a major amount of Bitcoin, according to law enforcement statements and media reports. The operation took down a key domain, seized servers, and captured $29 million in Bitcoin that investigators say was tied to illicit flows. Related Reading: XRP Is About To Hit A Major Turning Point This Week, Analyst Says Europol And Swiss Authorities Act Based on reports, a joint action by Europol, Swiss, and German authorities took place between November 24 and November 28, 2025. During the operation, three servers located in Switzerland were seized, the domain Cryptomixer.io was disabled, and investigators recovered about 12 terabytes of data. According to officials, the service had been used since 2016 and is linked to roughly €1.3 billion in laundered Bitcoin over that time. The cash figure seized in the takedown was reported at close to $30 million in Bitcoin. How The Service Worked Reports have disclosed that the site operated as a hybrid mixer. That means it accepted funds on the regular web and used techniques to pool, jumble, and redistribute coins so the origin of funds became hard to trace. Criminals allegedly used the service to hide proceeds from activities such as drug sales, ransomware attacks, and fraud, according to investigators. By randomizing amounts and delaying payouts, mixers like this make the usual tracking tools much less effective. What The Seized Data Could Reveal Law enforcement officers say the 12 terabytes of material may hold leads that point to other illegal transfers and the people behind them. The data is now being examined, and it could make it easier to trace how money moved through the service. It is not yet clear whether arrests have been made. Experts warn that even with seized material, tracing every tainted coin will be difficult because of how mixing services scramble transaction records. Related Reading: ‘Saylor Is Finished’ – Peter Schiff Slams Bitcoin Tycoon Over $1.44B Reserve Build-Up Wider Impact On Crypto Crime Investigators argue the takedown is a major blow against online money laundering in Europe. Based on reports, crypto mixers of this size helped mask hundreds of millions, and in some cases billions, of dollars over years. The removal of one large service may slow some criminal flows, but analysts caution that operators and users can migrate to other services or new tools. Criminals often adapt quickly, which means the broader problem may continue unless follow-up actions and legal steps are taken. Featured image from Unsplash, chart from TradingView
Kazakhstan’s central bank has signaled plans to place up to $300 million into crypto and crypto-linked assets, a move that would mark one of the clearest examples yet of a sovereign institution putting reserve money into this market. Based on reports, the funds would come from the country’s gold and foreign-exchange reserves rather than its social or oil wealth funds. Related Reading: Bitcoin Miners Face A Harsh December: Rising BTC Difficulty, Falling Hashprice Central Bank Moves Cautiously According to central bank briefings and market reporting, the investment will not be made all at once. Initial tranches could be modest — figures discussed publicly include amounts like $50 million and $100 million as possible early steps, with larger allocations of $250 million also on the table if conditions allow. The plan appears to be phased, with the bank watching price swings and market signals before committing major sums. The assets under consideration may include direct holdings of crypto tokens or instruments linked to the crypto sector, such as exchange-traded products and equity stakes in companies that serve the industry. Based on reports, the central bank’s alternative investments arm, which already holds high-tech and financial assets, would manage the placement. Investment Targets And Broader Plans Reports have disclosed that this move sits alongside a wider push to create a national digital-asset reserve fund. Officials and informed sources have mentioned target sizes in the range of $500 million to $1 billion for that reserve. That proposed fund would focus more on ETFs and corporate equity than on simply holding tokens in wallets. An existing state initiative, the Alem Crypto Fund, has already taken public steps into the market. In September 2025 the fund made an investment in the cryptocurrency BNB, signaling that parts of the state apparatus are experimenting with exposure to digital assets. That action is being watched closely by both domestic policymakers and foreign observers. Related Reading: Bitcoin Sentiment Sparks CZ Comment: Sell Greed, Buy Fear Risks And Safeguards The central bank has stressed caution. Large price swings in major tokens have been noted as a reason to phase investments slowly. The proposed $300 million allocation, according to briefings, would be drawn from non-essential reserves — explicitly kept separate from Kazakhstan’s National Fund that pays for public programs — which is meant to protect social spending from market losses. Some of the purchases, reports suggest, could be executed through regulated financial products rather than raw token buys, lowering custody and liquidity risks. The decision to structure the program in stages is intended to reduce the chance of a sudden, large loss if markets move against the holdings. Featured image from kursiv.media, chart from TradingView
The launch of spot exchange-traded funds (ETFs) tracking Dogecoin in the United States was met with muted enthusiasm. Inflows into Grayscale and Bitwise’s ETFs were limited in their first week of trading, despite the hype around the first-ever Dogecoin ETFs. But even as ETF inflows sputter, some technical analysts argue that DOGE might still undergo a strong price rally, possibly all the way to $1, if important support levels hold. Related Reading: Bitcoin’s November Slump Could Trigger A 2026 Revival, Analysts Say Spot DOGE ETFs Off To A Slow Start When Grayscale rolled out its Spot DOGE fund (GDOG) on November 24, inflow volume clocked in at just about $1.8 million on the first day, far below the estimates some market participants had forecasted. For example, Eric Balchunas, senior ETF analyst at Bloomberg, predicted that the ETF will witness a $12 million volume on the first day of trading. According to data from SoSoValue, net inflows across the DOGE ETFs by Grayscale and Bitwise added up to just over $2.16 million over the course of the initial trading week. This shows that institutional and retail investors are somewhat cautious when it comes to investing in the meme cryptocurrency. This is in contrast to the strong opening inflows seen by other altcoin ETFs, such as those for Solana (SOL) and XRP which were launched in the past few weeks. Furthermore, the lackluster uptake has raised doubts about whether the ETFs will ignite the kind of renewed interest in DOGE that some backers hoped for. Technical Outlook Suggests Bullish Potential To $1 Even though ETF demand is currently tepid, multiple technical outlooks point to a potentially more optimistic outcome for Dogecoin. One technical outlook from crypto analyst Ali Martinez identifies key support at roughly $0.08, with resistance around $0.20. This support level harkens back to a time when DOGE dipped below $0.10, before launching into a multi-month rally to $0.50 after the US elections. Dogecoin Key Price Levels. Source: @ali_charts On X More bullishly, a multi-week technical breakdown done by crypto analyst XForceGlobal suggests that DOGE might be wrapping up a long-term corrective phase and positioning for a fifth wave, which is a powerful upward impulse according to the Elliott Wave Theory. That wave could push prices well beyond current levels, with intermediate targets potentially between $0.33 and $0.50, and a longer-term stretch to $1. Similarly, crypto analyst Trader Tardigrade believes Dogecoin has dropped back onto the same long-term support zone that previously led to major rallies, calling it the launch pad for the next big move. His weekly chart highlights how Dogecoin’s price action has repeatedly bounced from this ascending trendline, producing gains of more than 80%, 210%, and even over 440% since October 2023. Dogecoin Technical Analysis. Source: @TATrader_Alan On X The analyst says the pattern is intact once again, and if the support at $0.15 holds, Dogecoin could follow the same structure into a larger expansion phase. Based on his projection, that continuation would give Dogecoin enough momentum to make a gradual 610% climb to $1 by 2026. Related Reading: 320 Ether On The Move: Bhutan Ramps Up Its Staking Game At the time of writing, Dogecoin is trading at $0.15 and is close to either rebounding or breaking below the support. Featured image from Unsplash, chart from TradingView
The monthly XRP chart has entered one of its most decisive phases in years, and one of the asset’s most vocal analysts is laying out a blunt roadmap. Egrag Crypto, known for his long-standing bullish stance on XRP, released a new technical update that breaks down the future outlook for the cryptocurrency into three straightforward outcomes. The chart accompanying his analysis shows XRP trading around the $2.20 region, sitting just above an important Fib support level but still wrestling with momentum, with the monthly candle about to close. Related Reading: 320 Ether On The Move: Bhutan Ramps Up Its Staking Game XRP Must Close Above $2.60 To Keep Bullish Momentum Intact Egrag’s first decisive level is at $2.60, which matches with the 0.5 Fibonacci retracement level on the monthly chart. The analyst described a close above this region as bullish but the asset would not yet be fully clear of danger. The chart shows XRP repeatedly testing this price level in the first half of the year before breaking above it in July. However, the most recent breakdown in Q2 2025 has now put the price level in focus again. The analysis becomes more aggressive once price action breaks above $3.40. EGRAG identified this as the 0.888 Fibonacci level, one of the final retracement zones. According to him, a close above this level confirms a super-bullish macro breakout, which he summarized with the phrase “we are so back.” The chart reinforces this idea by showing a tight compression beneath this upper 0.888 Fib cluster, and that a decisive breakout could lead to a rapid move into new all-time high prices if there’s enough buying pressure. XRP Price Chart. Source: @egragcrypto On X A Close Below 21 EMA Would Break Bullish Structure The downside scenario in Egrag’s breakdown is equally straightforward. He warned that a close below the 21-month EMA would mean a severe failure of the bullish trend structure. His wording was intentionally harsh, noting that such a breakdown would mean “we are f**ked, no sugar-coating it.” The chart shows the 21 EMA currently sitting around the $1.83-$1.90 price zone, forming the final major support on the monthly timeframe. Losing this level would drag XRP back into a deeper corrective zone and finally undo most of the price advancement made this year. A significant development showed up towards the end of the week that aligns with the bullish continuation Egrag outlined. 21Shares confirmed that its US Spot XRP ETF, which is listed under the ticker TOXR, has received SEC approval and will officially launch on Monday. Related Reading: Bitcoin’s November Slump Could Trigger A 2026 Revival, Analysts Say The upcoming launch adds a perspective that institutional participation in XRP is only beginning. If inflows follow the early strength seen from other issuers, the ETFs could reinforce the bullish case Egrag mapped on the chart, especially if the XRP price is able to cross above $2.60 in December. Featured image from Pixabay, chart from TradingView
Conversations around XRP have grown louder in recent weeks as the cryptocurrency continues to trade around the $2.2 region while new Spot XRP ETFs continue to attract inflows across multiple issuers. One voice in the community has attempted to explain why the market is unusually calm despite rising institutional demand. An XRP enthusiast known as Pumpius shared a detailed thread on X that breaks down the mechanics behind the new ETFs and why the real impact may still be ahead. His argument is that the current XRP price action does not yet reflect what is going on behind the scenes. Related Reading: Bitcoin Maxi Says ATH Back On The Table After 40x Derivatives Surge Why ETF Rules Create A Special Market Dynamic Pumpius explained that the foundation of the entire setup is in one legal detail with fund managers. ETF fund managers are restricted from purchasing XRP directly from Ripple or from the escrow accounts that hold large reserves of the token. Every ETF must source XRP through open-market purchases, without private deals or wholesale arrangements. The absence of direct acquisition forces institutional buyers into the same liquidity pool as retail and whales. With the new launch of XRP ETFs, and as demand continues to rise, the circulating supply is now the battleground, and this mechanical pressure is already visible in recent weeks as XRP trading volumes climbed while exchange supply began trending downward. According to market trackers, XRP supply on major exchanges has declined steadily since the approval of the first Spot XRP ETFs, showing that the stress on available liquidity is not theoretical but active. Particularly, data from CryptoQuant shows that Binance’s XRP reserves are now at their lowest point in months, having dropped to 2.7 billion tokens this week. Incoming Supply Squeeze For XRP Another part of the explanation focuses on Ripple’s behavior regarding escrow releases. Although one billion XRP is unlocked each month, Ripple has repeatedly returned about 700 million to 800 million of these unlocked tokens back into escrow. Ripple releases only what it considers necessary to maintain healthy liquidity in the ecosystem, and the company has avoided significant selling pressure since the ETF approvals. According to Pumpius, this means the ecosystem is operating in a controlled balance where ETF issuers are absorbing a growing share of the circulating float, while Ripple keeps escrow output extremely conservative. The result is a slow tightening of supply that’s happening behind the scenes and may not yet be visible in price action but can eventually cause what he called a structural supply shock. When this happens, XRP will not move slowly, but it will break price levels with impact. Related Reading: Crypto Wins Big: Thailand Moves To A 0% Tax On Local Exchange Gains Still speaking of what is happening behind the scenes, Ripple has been advancing several developments that could strengthen XRP’s long-term position. A recent example is Abu Dhabi’s financial regulator formally recognizing RLUSD as a fiat-referenced token. Featured image from Unsplash, chart from TradingView
Texas has moved public money into Bitcoin exposure, buying $5 million worth of shares in a regulated Bitcoin exchange-traded fund. Related Reading: Bitcoin Creator Somehow Becomes ‘Poor’ By Losing $41 Billion Without Saying A Word According to reports, the state’s purchase was made on November 20, 2025, and it used the BlackRock iShares Bitcoin Trust (IBIT) to gain price exposure without immediately holding the cryptocurrency itself. The state set aside a total allocation of $10 million for its new Strategic Bitcoin Reserve. Lee Bratcher, who leads the Texas Blockchain Council, confirmed the state’s crypto purchase on X. State Uses ETF As Interim Step Reports have disclosed that officials chose the ETF route as a temporary measure while the state puts custody plans in place. The IBIT shares give Texas a stake that tracks Bitcoin’s market moves. Based on reports, the entry price equated to roughly $87,000 per BTC at the time of the buy. The buy represents half of the total allocation, leaving $5 million still available for future moves. TEXAS BOUGHT THE DIP! Texas becomes the FIRST state to purchase Bitcoin with a $10M investment on Nov. 20th at an approximately $87k basis! Congratulations to Comptroller @KHancock4TX and the dedicated investments team at Texas Treasury who have been watching this market… pic.twitter.com/wsMqI9HrPD — Lee ₿ratcher (@lee_bratcher) November 25, 2025 The move follows legislation passed earlier in the year. According to public records, the reserve program was created by Senate Bill 21, signed in June 2025. The law authorizes a capped budget for the reserve and sets conditions for what assets qualify. Reports have disclosed that Bitcoin met the criteria laid out in the measure, prompting the initial allocation. What Officials Say And What Comes Next According to state officials, the purchase is meant as a hedge and a way to diversify long-term holdings. An RFP process is expected to pick a custodian, with officials planning to transfer from ETF positions to direct custody once systems are ready. The request for proposals is slated for early 2026, based on public statements. Analysts noted the distinction between ETF shares and direct ownership. ETF holdings provide price exposure; they do not give the state direct control over on-chain Bitcoin wallets. That control would come only after the state completes its custody procurement and shifts assets into cold storage or similar solutions. Possible Broader Effects Market observers say the purchase is notable because it marks one of the first instances of a US state formally placing public funds into Bitcoin exposure. The amount is small relative to broader markets, yet symbolic. It may prompt other states to consider similar reserve strategies, especially where lawmakers favor diversification. Related Reading: Hamas Victims Sue Binance And CZ — Accusations Of Terror Financing Rock Crypto World Transparency And Oversight According to public filings, the state will publish details of the holdings and any custody plan updates. Oversight mechanisms built into the law require regular reporting, and the remaining $5 million allocation must follow the same rules before it is used. That reporting will be watched closely by lawmakers, taxpayers, and market watchers. The buying decision was made amid wide debate over how government bodies should handle crypto assets. Texas plans to move carefully, using regulated products first and then moving toward self-custody when the proper safeguards and vendors are chosen. Featured image from Pexels, chart from TradingView
Bitcoin fell sharply in recent days, and veteran holders barely blinked while many newer investors showed clear signs of panic. Related Reading: Bitcoin Creator Somehow Becomes ‘Poor’ By Losing $41 Billion Without Saying A Word According to crypto commentator Anthony Pompliano, drops of 30% or more are part of Bitcoin’s history — they have happened 21 times over the last decade and tend to occur about once every one and a half years. Reports have disclosed that recent selling has pushed the token to lows around $82,000 during US trading. “So Bitcoiners are used to this,” Pompliano said. “Now, who’s not used to this are the people who are coming from Wall Street. They’re not used to this type of volatility.” Veterans Expect The Swings Pompliano said people who have owned Bitcoin for years treat big swings as normal. He argued that volatility helped create the huge gains seen so far: Bitcoin has risen about 240x over the past decade. He added that a 70% compound annual growth rate over that period is not likely to continue, but that even lower long-term returns — in the 20–35% range — would still beat stocks. “I would be worried if Bitcoin’s volatility drops to zero,” he said, explaining why price swings can be a sign of an active market rather than a flaw. US Markets And Liquidity Strains Played A Role Matthew Sigel, head of digital assets research at VanEck, said the sell-off was mainly a US-session event. He linked the fall to tighter US liquidity and wider credit spreads, which made traders less willing to hold risky positions. Sigel also noted that big spending plans tied to artificial intelligence were colliding with a fragile funding market, creating extra pressure. Around year-end, other market participants face bonus decisions and portfolio reviews, which may add to selling pressure. Volatility Is Climbing Again Analysts at Bitwise and other firms reported that Bitcoin’s volatility has risen in the past two months and was creeping back up to about 60 as of Monday. Jeff Park of Bitwise pointed out that higher volatility can move prices sharply in either direction. Based on reports, Pompliano and others said that volatility is needed for the asset to make large gains over time, and that calm markets would actually be a warning sign for some investors. ETFs Brought More Money — And More Flows Out The arrival of Bitcoin ETFs has made it easier for big brokers’ clients to get exposure without holding coins directly. Still, data from Morningstar’s Bryan Armour shows roughly $4.7 billion left crypto-related ETFs in November. Armour added that while some funds saw outflows, ETFs tied to smaller tokens such as Solana and XRP drew investments during the same period. Related Reading: Kiyosaki Dumps Bitcoin At $90K After Predicting A $250K Moonshot – Here’s Why What Comes Next Is Unclear Experts said predicting the next move is almost impossible because crypto markets remain highly volatile. Based on current signs, more swings are likely. For now, Bitcoin’s history of deep pullbacks, the fresh presence of institutional players, and changing liquidity in US markets are all factors traders will watch closely as the year closes. Featured image from Gemini, chart from TradingView
Bitcoin’s recent price swings have picked up pace, and market watchers say that option markets may again be calling the shots. Over the past two months volatility has climbed, shifting how traders and investors respond to big moves in BTC. Related Reading: $2 Billion Gone In Minutes: Bitcoin Slide Shakes Crypto World Volatility Numbers Reignite Focus According to Jeff Park, implied volatility had stayed below 80% since US Bitcoin ETFs were approved, But it is now creeping back toward about 60%. That rise matters because option flows can amplify moves — both up and down — when traders reposition quickly. Park pointed to January 2021 as a clear example, when an options-driven surge helped push Bitcoin to a cycle high of $69,000 in November of that year. In other words, swings driven by derivatives are capable of producing outsized trends. Price Drops And Clearing Of Positions Bitcoin tumbled below $85,000 on Thursday, a move that helped trigger liquidations and heightened selling pressure. Reports have disclosed that some losses are tied to highly leveraged positions being forced closed, while other activity appears to come from long-term holders taking profits. Analysts at Bitfinex called much of the action “actical rebalancing,” saying it does not break long-term adoption or fundamentals. Binance CEO Richard Teng is reported to have noted that volatility levels are similar across many asset types right now. Derivatives And Short-Term Shocks Options positioning can make price action sharper because large contracts push traders to hedge or cover quickly, and hedging activity often shows up as rapid moves in the spot market. This mechanism was important in the 2021 run and may be at work again as implied volatility climbs. Traders who watch the volatility surface say early signs of option-driven behavior are visible, even if the current readings are nowhere near the extremes seen in prior cycles. Fed Betting Adds A Macro Twist Meanwhile, according to the CME FedWatch tool, the market now sees a 71% chance of a 25-basis point cut in December, up from about 30–40% earlier this week. Comments from New York Fed President John Williams helped shift those odds by suggesting policy could move toward neutral, while other Fed officials were quoted by Reuters as taking more cautious stances. A rate cut, if it happens, could give risk assets some lift; a no-show might keep volatility elevated. Related Reading: Kiyosaki Dumps Bitcoin At $90K After Predicting A $250K Moonshot – Here’s Why Markets Watch December For Clues Traders are watching December closely for signals that could either calm markets or add fuel to them. Short-Term swings will likely persist until traders see clearer direction from both macro policy and option desks. Some players will wait for volatility to settle; others will trade around it. Featured image from Unsplash, chart from TradingView
According to NYDIG research, the same money that pushed Bitcoin up into October’s peak is now pulling it down, and the pull looks structural rather than just emotional selling. Related Reading: Dogecoin Goes Wall Street: Grayscale Confirms Nov. 24 ETF Launch The firm’s head of research says a large liquidation in early October flipped spot ETF flows, pushed digital asset treasury (DAT) premiums lower, and coincided with a drop in stablecoin supply — a mix that points to liquidity leaving the system. ETF And Treasury Reversals Reports have disclosed that spot Bitcoin ETFs, once steady buyers, shifted from steady inflows into a meaningful headwind, while DAT premiums compressed across the market and stablecoin balances ticked down. That combination reduced the steady pool of buy-side demand that had been supporting prices. The change is what NYDIG and other market watchers call a break in the feedback loop that previously amplified gains. Bitcoin Dominance Creeps Higher As Risk Assets Unwind According to crypto market data, Bitcoin’s share of the total crypto market climbed back above 60% in early November before settling around 58% as of Monday, a sign that traders are moving out of smaller, more speculative coins and into the largest, most liquid asset. That shift often happens when money tightens: capital consolidates into the biggest name as smaller positions are cut. DATs Show Cooling Demand, But No Broken Balance Sheets Based on NYDIG’s note, the DAT sector has not shown signs of insolvency. Issuers still face modest obligations and many structures allow payments to be suspended if needed. In short: demand has cooled significantly, but the frameworks that underpin many of these funds haven’t collapsed. That means the current stress is on flows and liquidity rather than on solvency. CME Gap Targeted Then A Possible Bounce Crypto analysts are watching technical levels for short-term direction. Michael van de Poppe flagged a CME gap at $85,200 as a likely downside magnet after a recent roughly 10% rise from lows, and suggested Bitcoin could then retest between $90,000 and $96,000 to form a new base. Traders watch these gaps because futures markets close over weekends while spot markets do not, creating price gaps that often get revisited. Related Reading: Kiyosaki Dumps Bitcoin At $90K After Predicting A $250K Moonshot – Here’s Why Good bounce of #Bitcoin. Nearly up 10% since the lows. CME gap at $85.2K, so probably we’ll have a casual red Monday towards that level, before we go back up to $90-96K and find a new base. — Michaël van de Poppe (@CryptoMichNL) November 23, 2025 Prepare For Choppy Markets Ahead Investors should note two separate ideas at once. Based on reports, the long-term story for Bitcoin — growing institutional interest and broader adoption — remains on the table. At the same time, the short-term cycle driven by flows, concentrated ETF activity, and reflexive buying has shifted. That points to an uneven path forward, with more volatile moves likely until buy-side engines reappear or fresh liquidity returns. Featured image from Gemini, chart from TradingView
XRP has entered a new phase in its growth as Spot XRP ETFs begin trading across the United States. The excitement surrounding institutional access to XRP has grown quickly in recent weeks, especially as filings and inflow reports hint at rising interest from funds preparing to scale their exposure. A market commentator known as Chad Steingraber presented a projection showing just how intense ETF accumulation could become if issuers adopt an acquisition strategy similar to what was seen in Bitcoin ETFs. The estimates outline an aggressive period of accumulation that could reduce XRP’s available supply far faster than many expect, and here are the numbers. Related Reading: Trump’s WLFI Moves To Contain Wallet Breach While Federal Inquiry Looms A Breakdown Of Steingraber’s Projection Steingraber’s first scenario examines a modest but steady accumulation model where 12 Spot XRP ETF issuers acquire an average of 3million XRP per day. His projection is based on focusing on the average rather than trying to predict which fund accumulates the most, because the combined impact is what ultimately matters for XRP’s market price. Under this setup, daily inflows would reach up to 36 million XRP. Over a standard five-day trading week, that accumulation would climb to 160 million XRP. Over the course of a month, the amount absorbed by ETFs would increase to 720 million XRP. By the end of a full year, this single projection implies that as much as 8.64 billion XRP could be removed from public circulation and locked into ETFs. Of course, these numbers only take into account the possibility of consecutive net inflow days and no net outflow days. Although these figures are hypothetical, the pace aligns with the early patterns seen in Bitcoin ETFs, where strong averages across issuers created a sustained demand for Bitcoin. A More Aggressive Scenario Based On Recent Activity In another post, Steingraber offered a more forceful accumulation model using the activity of Bitwise’s Spot XRP ETF as a benchmark. Data shows that the Bitwise XRP ETF received inflows of about 5.82 million XRP in its first trading day. In this second scenario, the projected daily acquisition rate is doubled to about 6 million XRP per issuer. If 12 funds follow this pattern, the combined accumulation could hit 72 million XRP every day. Extending the same five-day cycle, the weekly total would rise toward 360 million XRP, while monthly totals would reach approximately 1.44 billion XRP. Over a full year, this more aggressive model ends with 17.28 billion XRP absorbed into ETF products. “The entire XRP public supply will be gone UNLESS THE PRICE GOES ASTRONOMICALLY HIGH,” Steingraber said. Related Reading: $2 Billion Gone In Minutes: Bitcoin Slide Shakes Crypto World The projections serve as a wake-up call on how quickly XRP’s supply ecosystem might change once ETF inflows stabilize and larger issuers like Grayscale, Bitwise, Canary, CoinShares, Franklin, 21Shares and WisdomTree get in on the action. However, BlackRock, which oversees the largest Spot Bitcoin and Ethereum ETFs, is yet to make any move on a Spot XRP ETF. The company had confirmed in August that it has no immediate plans to file for one. Featured image from Pexels, chart from TradingView
Robert Kiyosaki has moved a chunk of his Bitcoin into businesses that pay him now. Reports have disclosed he sold roughly $2.25 million worth of Bitcoin, cashing out after years of saying he was bullish on the cryptocurrency. Related Reading: $2 Billion Gone In Minutes: Bitcoin Slide Shakes Crypto World He did not say he was exiting crypto; instead, he described the shift as turning paper gains into steady income. Taking Profits For Cash Flow According to his post on X, Kiyosaki said he first bought the coins when Bitcoin traded around $6,000. He sold the recent batch at about $90,000 per coin. He recently predicted that Bitcoin will hit a $250k price tag. He told followers the proceeds will be used to buy two surgery centers and a billboard advertising business. The ‘Rich Dad Poor Dad’ author says he expects those businesses to produce about $27,500/month in tax-free income by early next year. That income, he said, will be used to buy more crypto over time. PRACTICING WHAT I TEACH: I sold $2.25 million in Bitcoin for approximately $90,000. I purchased the Bitcoin for $6,000 a coin years ago. With the cash from Bitcoin I am purchasing two surgery centers and investing in a Bill Board business. I estimate my $2.25 million… — Robert Kiyosaki (@theRealKiyosaki) November 21, 2025 Market Context And Timing Bitcoin’s price has been volatile. The coin briefly fell into the low $80,000 range during the same period Kiyosaki made the sale public. Traders have been watching big names for clues about sentiment. Kiyosaki’s move came as some investors were taking profits and others were buying dips. His message was simple: turn gains into income now, then use that income to accumulate later. Why This Matters To Investors Reports have disclosed Kiyosaki still expects higher prices over the long run. He has made bullish targets in the past, and he has said he still believes in crypto’s upside. Yet selling part of a holding while keeping the rest sends two signals at once: confidence in future gains and a preference for predictable cash flow today. For some investors, that dual message will seem cautious. For others, it looks like smart money management. Business Details And Tax Notes Kiyosaki described the new purchases as income vehicles. The claim that the monthly return will be tax-free depends on how those businesses are structured and where they are held. Tax rules vary by country and by the legal form of the business. That means the “tax-free” outcome he mentioned may not be the same for every buyer or investor. Related Reading: Trump’s WLFI Moves To Contain Wallet Breach While Federal Inquiry Looms A Measured Reaction Some market watchers saw the move as a routine rebalancing. Others took it as a headline that could influence sentiment in the short run. Whether a sale of this size by a public figure will change the price permanently is unclear. Prices are driven by many factors: macro data, regulatory signals, whale moves, and investor mood. Kiyosaki did not abandon his bullish stance. He turned a part of his crypto gains into assets that, he says, will pay him regularly and help him buy more crypto later. Featured image from Getty Images, chart from TradingView
According to CryptoQuant data, Bitcoin has moved into what analysts are calling the most bearish phase of the last two years, sending prices down sharply and weighing on the broader crypto market. Related Reading: XRP Supply Shock Ahead? ETFs Could Consume It All, Analyst Predicts The coin slid from a peak above $126,000 on Oct. 6 to $83,790, a drop of around 34% that erased roughly $715 billion in market value. Bull Conditions Have Weakened Rapidly Reports have disclosed that CryptoQuant’s Bull Score Index fell to 20 out of 100 last week, driven by weak spot buying, negative price momentum, and a slowdown in stablecoin liquidity. Bitcoin also closed below its 365-day moving average, a long-run trendline that had held during earlier pullbacks in the current cycle that began in January 2023. Based on these signs, CryptoQuant views the market as clearly more bearish than it was in prior corrections. Trading desks and corporate treasuries have shifted behavior. Treasury companies that once supported prices have seen market values drop by 70% to more than 90% in recent months, limiting their ability to issue shares and buy more Bitcoin. Reports show Michael Saylor’s Strategy bought 8,178 BTC earlier this week but has slowed purchases as its stock market cap fell closer to the value of its holdings. ETF flows have also turned negative, with outflows totaling close to $3 billion so far this month, a dynamic that can force some institutions to sell spot holdings if spread trades are unwound. Technical Levels And Short-Term Signals Based on on-chain indicators, there are mixed signals for buyers. Glassnode reported the Mayer Multiple moving toward the bottom of its long-term range, which often signals a value-driven phase where buyers re-enter. Bitcoin’s Mayer Multiple has retraced toward the lower bound of its long-term range, signalling a slowdown in momentum. Historically, such compressions have aligned with value-driven phases where price consolidates and demand begins to step in. ????https://t.co/QWQCUxgUoA pic.twitter.com/qufyp0opnr — glassnode (@glassnode) November 20, 2025 Some technical traders see oversold readings on daily and weekly RSI, a setup that could allow a bounce. Some analysts expect at least a short-term recovery, with price tests above $100,000 possible if buying returns. Still, the breakdown under the 365-day average changes the picture. CryptoQuant suggested resistance near $102,600 could prove heavy, and the support band between $90,000 and $92,000 will be closely watched. Historically, Bitcoin has produced rallies of 40% to 50% inside broader downtrends, so rapid reversals are not out of the question even in a bearish phase. Market Shock And Macro Factors Based on reports, the sharp sell-off that triggered the recent crash began on October 10 when a large leverage flush-out forced many positions to close. Market makers reduced liquidity and selling pressure intensified. A software fault tied to the Athena USDE stablecoin on Binance briefly pushed its peg to $0.65, triggering automated liquidations across platforms and accelerating losses. Related Reading: Trump’s WLFI Moves To Contain Wallet Breach While Federal Inquiry Looms Macro worries, including tighter liquidity and political uncertainty, added pressure and sent more traders to the exits. Some observers have linked parts of the 2024 and 2025 rallies to specific events. In 2024, US President Donald Trump’s election was one factor cited for pushing BTC above $100,000, and in 2025, a wave of corporate treasuries bought Bitcoin, helping lift prices above $120,000 in summer months. According to CryptoQuant, those catalysts have largely played out, and any new triggers may be priced in already. Featured image from Unsplash, chart from TradingView
A recent comment from crypto analyst CryptoTank has brought attention to a long-standing misconception about the size of the XRP community. His post focused on the widely quoted figure of seven million XRP wallets and explained why this number does not represent the number of real holders. The clarification arrives at a time when XRP is now positioned to start to receive institutional inflows from the recently launched Canary Spot XRP ETF. Related Reading: Dogecoin Alert! Price Could Explode Over 2,800%, Analyst Says Why Wallet Count Does Not Equal Holder Count CryptoTank noted that nearly 7 million wallets holding XRP does not translate to millions of people owning the asset. He pointed out that he personally maintains roughly 30 wallets, and most committed XRP investors tend to operate between four and six on average. This means a single individual can appear multiple times in on-chain statistics, making the total wallet count an unreliable indicator of how many real participants exist. The view is simple: the actual number of distinct XRP holders is far lower than many assume, and he believes the true figure sits comfortably below 1 million worldwide. This paints a picture of a community that is still at an early stage compared to other major digital assets. If only a fraction of those seven million addresses belong to unique individuals, then the people who hold XRP today represent a much smaller, far earlier group than estimates imply. CryptoTank described this group as being “way ahead” of the world, meaning that current holders occupy a position that could become far more valuable once broader participation finally arrives. A small holder base means that any meaningful expansion in demand, whether retail or institutional, could have an outsized effect on price because the XRP price has not yet experienced the type of mass inflow seen in previous cycles for Bitcoin and Ethereum. Institutional Expansion With Spot XRP ETF This discussion arrives at a significant moment for XRP, particularly with the introduction of the newly launched Spot XRP ETF in the United States. The product widens XRP’s reach beyond its early holder group, allowing institutions and retail traders in regulated markets to also invest in the cryptocurrency. If the true population of XRP holders is small, the arrival of ETF demand could become a major turning point. As inflows grow, this new access point may mark the beginning of a shift from an early-holder community to a broader institutional and retail audience. Speaking of inflows, Canary’s Spot XRP ETF started its first full trading day with $243.05 million in inflows on November 14, according to data from SoSoValue. Related Reading: XRP Earns Academic Praise: University Study Calls It ‘Gold In Your Hands’ This wasn’t reflected in the price of XRP though, as the cryptocurrency is down alongside the rest of the market. At the time of writing, XRP is trading at $2.26, down by 1.4% in the past 24 hours. Featured image from Unsplash, chart from TradingView
United States President Donald Trump late Wednesday signed legislation that ended the country’s 43-day government shutdown, reopening federal agencies and restarting paused services after what had become the longest shutdown in modern history. Reports have disclosed the measure passed both houses this week and moves quickly to restore pay and services. Related Reading: Dogecoin Alert! Price Could Explode Over 2,800%, Analyst Says Funding Push Restores Pay And Services According to official House materials, the measure passed the House by a 222–209 vote and carries continuing appropriations that fund agencies through January 30, 2026. The bill covers several full-year appropriations and aims to return back pay to hundreds of thousands of federal workers who were furloughed or forced to work without pay. President Trump signs bill to OFFICIALLY reopen the government, ending the Democrat Shutdown. Let’s get our country WORKING again. ???????? pic.twitter.com/QJqX90k9sC — The White House (@WhiteHouse) November 13, 2025 Markets Liked The Certainty Risk assets jumped as lawmakers moved to end the standoff. Reports have disclosed Bitcoin climbed back toward the $105,000 area after the breakthrough, while broader crypto tokens also showed gains as traders priced in the reduction of fiscal uncertainty. Short, sharp moves in the market reflected traders unwinding defensive positions. Crypto Reaction In Numbers Bitcoin rose from lows near $99,300 earlier in the week to above $105,000 on news of progress, a move that some outlets measured as a roughly 6.7% uptick over recent sessions. Ethereum recovered toward about $3,600 as investors rotated back into riskier assets. These moves came alongside rallies in stocks and other risk markets. Based on reports from market commentators, the end of the shutdown reduced one layer of macro uncertainty. That made it easier for large funds and ETFs to move money without the risk of sudden policy disruption. Some short-term flows into crypto appear tied to renewed confidence that key infrastructure — like air travel and federal programs — will run normally again. Political Fallout And Next Steps Lawmakers from both parties have already signaled new fights ahead, with pressure to address policy items that were left out of the funding package. The White House framed the outcome as a win for governance, while critics said parts of the deal leave important programs and protections unresolved. Related Reading: XRP Has Held Its Ground As Most Altcoins Fall, Market Observers Say Market Watchers Offer Caution While the immediate market reaction was positive, several analysts warned that gains tied to the shutdown’s end could be temporary. Volatility may return if political gridlock reemerges or if technical resistance levels hold for major tokens. The buying seen on the reopening was broad, but not unanimous, and many traders are watching whether flows remain steady into year-end. Featured image from ABC News, chart from TradingView
According to an analyst, Bitcoin sits in a liquidity set-up that has shown up before big rallies. Prices are not shooting higher yet. At press time Bitcoin trades around $104,500, down 0.5% over the past day. Related Reading: XRP’s Next ‘Face-Melting’ Rally Could Hit Within 6 Weeks—Analyst Traders watched a decline of about 1.8% earlier that pushed the price near $103,400 and it briefly touched $102,850 during the move. Stablecoin Signal Points Toward Accumulation CryptoQuant analyst Moreno points to the Stablecoin Supply Ratio, or SSR, as the first clear indicator. The SSR compares Bitcoin’s market cap to the total market cap of stablecoins. It has dropped back into the 13 range. Based on historical readings, that 13 area has lined up with market lows in mid-2021 and at several moments across 2024. Reports show that when SSR fell to similar levels, liquidity quietly built up and buying followed after a period of low volatility. Liquidity Pattern Has Appeared Before Every Bitcoin Surge — And It’s Back “We’re witnessing a liquidity configuration that has only appeared a handful of times since 2020, and each instance marked a pivotal moment for Bitcoin’s trajectory.” – By @MorenoDV_ pic.twitter.com/vWKcCkyn55 — CryptoQuant.com (@cryptoquant_com) November 11, 2025 Binance Reserve Trends Add A Second Layer The second metric Moreno highlights comes from Binance. On that exchange, stablecoin balances are rising while Bitcoin reserves are shrinking. In plain terms: more cash-like tokens sit on the exchange and fewer coins are being held there. That pattern has appeared only a handful of times since 2020, according to the data he referenced. Each time, the movement suggested capital waiting on the sidelines and holders moving coins off exchanges into longer-term storage. Market Calm Can Hide Big Moves The current trading backdrop is cautious. Many investors expected a lift after news that the US Congress approved short-term federal funding through January 30, yet crypto did not rally with other risk assets. Some capital rotated back to stocks. At the same time, large holders took profits after recent highs, and momentum cooled. That mix shows how macro events can shift flows without immediately turning into crypto buying. Risk Still Exists — Structure Could Break Moreno warns this liquidity zone acts like a final structural support. If the metrics break down decisively, it could signal a deeper reset before any sustained recovery. In that scenario, buying would likely be delayed and volatility would rise. This is not a guaranteed outcome, but it is a clear risk that traders watch closely. Outlook: Limited Downside, Growing Upside Based on reports and on-chain signals, Moreno believes the risk-to-reward favors buyers at these levels. He points to the built-up stablecoin supply and falling exchange BTC reserves as reasons for that view. Related Reading: Could Shiba Inu Triple? Analyst Sees 200% Move Coming Historical patterns suggest the last three months of the year often bring gains for Bitcoin, but past behavior does not promise future returns. For now, the indicators show capital parked in stablecoins and fewer coins available on major exchanges. That creates a setup where fresh buying could push the market higher quickly if sentiment turns. Yet the opposite is possible: a break below these levels would reshape the cycle and force many participants to rethink positions. Markets will decide which path comes next. Featured image from Gemini, chart from TradingView
XRP has shown far less movement than many other tokens during a recent sell-off in the altcoin market. According to Coingecko data, the token traded around $2.50 in the first days of November before pulling back to about $2.48. Reports have disclosed that its market capitalization sits near $148 billion. Related Reading: Trump’s Bitcoin Bet Grows: American Bitcoin Now Holds Over 4,000 BTC XRP Stands Its Ground Community voice 0xKOL pointed out that XRP’s calm performance stuck out while other alternative tokens were dropping. He described the period as an “alt bear market,” and his comment sparked wider talk among traders about what gives XRP a firmer price base than its peers. Based on reports, traders and analysts began examining both who owns XRP and how those holders behave. it’s a weird alt bear market XRP just chilling at 2.5$ honestly curious on what changed in market structure and holder base such that this is a thing? pic.twitter.com/J83FcO1UHn — @0xKOL__ (????, ????) (@0xKNL__) November 2, 2025 Other analysts explained that XRP’s steadiness comes from who holds it. They noted that, unlike many recent tokens driven by traders chasing fast gains, XRP is largely owned by seasoned investors who plan to keep their coins for the long haul. Price Moves And Recent Drops Put Numbers In View In terms or price action, the token has fallen about 6% over the past month and about 8% in the previous week. Its drop from the $2.50 region to roughly $2.47 shows some weakening, but market watchers note the decline is smaller than what many other altcoins experienced in the same stretch. Institutional Research Links Ripple Value To XRP Holdings Meanwhile, a February 2024 study by global investment bank Houlihan Lokey has reappeared in community conversations. Researcher SMQKE highlighted the paper, which carried the title “Digital Assets: How Can Valuation Differ From Traditional Assets?” The report argued that for some blockchain firms, the token itself holds much of the economic upside, and in Ripple’s case a large part of corporate value may be tied to its XRP reserves rather than to ordinary equity alone. Market Events May Have Helped Support The Token Those watching prices say several wider events likely gave XRP extra support. Banking sector stress, a favorable court outcome for Ripple, and broader moves such as the launch of spot Bitcoin ETFs are among the items that many traders point to. Related Reading: Could Shiba Inu Triple? Analyst Sees 200% Move Coming These developments, combined with a backing of long-term holders, have been cited as reasons XRP’s swings were smaller than the rest of the altcoin pack. For now, XRP remains one of the top four cryptocurrencies by market cap, and that status keeps it under close watch from both retail and institutional participants. Featured image from Unsplash, chart from TradingView
US President Donald Trump’s latest promise of a tariff-funded “dividend” sent shockwaves through markets Monday, and traders in digital assets moved quickly to price in the possibility of extra cash in American pockets. Related Reading: Trump’s Bitcoin Bet Grows: American Bitcoin Now Holds Over 4,000 BTC The plan would pay at least $2,000 to most adults and has been described as part of a broader push to use tariff receipts for direct payments. Tariff Dividend Sparks Market Moves According to reports, the proposal is being presented as a way to convert tariff revenue into direct payments to citizens, with proponents linking the move to stronger consumer spending and higher risk appetite among investors. Trump said the government could afford the new payout because tariffs had brought in massive revenue and because factories across the country were attracting record levels of investment. He mentioned that the money would go to most Americans, except those earning higher incomes. “People that are against tariffs are fools,” Trump wrote in his Truth Social post. “We are taking in trillions of dollars and will soon begin paying down our enormous debt, $37 trillion.” Trump also pointed to record highs in 401(k) savings and the stock market, saying tariffs helped the economy grow instead of slowing it down. The figure being cited publicly as backing for the program is about $400 billion, though analysts and budget experts say the math and legal pathway remain unclear. Crypto Prices Tick Higher The cryptocurrency market reacted within hours following news of the dividend. Bitcoin climbed above $106,000, while Ether moved into the mid-thousands, reflecting a short, sharp lift in sentiment among traders who expect fresh liquidity could flow into risk assets. These price moves followed a week when some crypto indexes had fallen sharply, so the announcement helped reverse part of that pullback. Market watchers said the reaction was driven more by sentiment than by a confirmed funding mechanism. Some commentators compared the potential effect to past stimulus checks, noting that when households get direct dividend payments they often boost spending and, in some cases, channel money into markets. Still, regulators and budget experts are asking how the plan would work under existing law and whether tariff receipts are a reliable source for recurring payouts. Related Reading: XRP’s Price Doesn’t Match Its Growing Real-World Use, Study Finds Exchange Activity Up Traders on exchanges showed increased activity, and a handful of altcoins recorded gains as momentum traders piled in. Volume spiked on some platforms as short-term buyers tried to ride the sentiment. Observers cautioned that rallies tied to political announcements can be volatile and may fade if the policy stalls in Congress or runs into legal challenges. Legal and political questions are front and center. Treasury officials have suggested parts of the payout could be handled through tax changes already on the books, while court challenges over the scope of tariff powers may complicate any quick roll-out. Featured image from Unsplash, chart from TradingView
XRP has spent the past week on the continuation of a downtrend from the previous week, slipping from above $2.50 before rebounding around $2.12 and now hovering around $2.30. The price action reflects a market struggling to find direction, caught between bullish optimism and lingering selling pressure. Despite the broader slowdown in its price action, technical analysis shows that XRP is still displaying a resilient structure on the charts that maintains its critical support levels. According to Egrag Crypto, a popular analyst known for his long-term technical outlooks on XRP, the token may soon enter what will become the most explosive fifth wave yet. Related Reading: XRP’s Price Doesn’t Match Its Growing Real-World Use, Study Finds XRP Elliott Wave Analysis: ‘The Power Of 5’ Egrag Crypto’s latest technical analysis on the social media platform X points to the fact that XRP is in the final stages of its fourth impulse wave, which is a corrective wave based on the popular Elliott Wave Theory. Notably, this movement is now setting up for the beginning of the fifth wave, which is a bullish impulse under the same theory. Looking at previous cycles on the 5-day candlestick timeframe chart, particularly during 2017 and 2021, showed that similar setups came before massive upward surges in XRP’s price. The analyst’s chart displays a repeating structure of five-wave patterns, each representing major bullish impulses in the token’s history. The chart also reflects the distinct cyclical rhythm of XRP’s price behavior over the years. Each major impulsive phase (waves 1, 3, and 5) has always been followed by smaller corrective waves (2 and 4), a structure that continues to repeat with precision. The overlapping bands in cyan and pink, representing exponential moving averages, now point to XRP consolidating within a strong support region around $2.20, which indicates that the fourth impulse wave is coming to an end. XRP Technical Analysis: Source @egragcrypto on X Analyst Says Don’t Fight It By Egrag Crypto’s measure, the ongoing consolidation might be setting the stage for a similar move to double-digit prices if the fifth wave unfolds as projected. The visual projection marks potential Fibonacci extensions of 1.272, 1.414, 1.618, and 2.618 at $4.789, $5.515, $6.755, and $18.259 as possible long-term targets once the fifth wave takes hold. These levels may act as resistance points in the impending bull phase because they resemble the wave geometry that drove XRP’s earlier rallies in 2017 and 2021. Interestingly, the analyst also referenced how skepticism often peaks before major rallies. He reminded followers of a trader who lost $30 million shorting XRP during its last major uptrend in 2024. As such, the analyst concluded by urging traders not to “fight the fifth wave” but to “ride it.” Related Reading: Get Ready — The End Of November Will Be Massive For XRP, CEO Says At the time of writing, XRP is trading at $2.27, down by 1.6% and 9.2% in the past 24 hours and seven days, respectively. Featured image from Unsplash, chart from TradingView
Reports from the Ripple Swell 2025 conference show growing interest in XRP. Traders and fund managers are watching November closely. Related Reading: Bitcoin Near Breaking Point As It Tests Its Most Crucial Support Line—Analyst According to speakers at the event, several timetabled moves could push more money into the token in the short term. Canary Capital ETF Timetable Canary Capital’s spot ETF is set to go live after an updated S-1 filing, with a possible automatic launch 20 days later on November 13. Reports from the stage cited Steven McClurg, CEO of Canary Capital, as confirming the update. That filing removed an amendment clause that would have given the SEC greater control over the product’s effective date. Based on reports, the timeline could still shift if the SEC returns questions or if government operations change, but for now November 13 stands out as a key date. Retail And Whale Activity Cool CryptoQuant charts show retail trading activity has cooled since the big sell-off on October 10, when about $19 billion was wiped out in a single day. Small investors have pulled back into a neutral zone, which some analysts read as cautious waiting rather than exit. At the same time, large on-chain moves to exchanges have dropped sharply — from roughly 49,000 on October 25 and 44,000 on October 11 to about 800 on a recent Friday. That fall in whale-to-exchange transactions suggests fewer big sellers are moving funds to exchanges right now. “The last half of November is going to be big for $XRP and @Ripple,” said @TeucriumETFs CEO @GilbertieSal during a recap of #RippleSwell Day 1. Head on a swivel ladies and gentlemen… Believe! ✨ pic.twitter.com/mw9VLuRUCB — rayfuentes (@RayFuentesIO) November 5, 2025 Institutional Signals Speakers at Swell pointed to increasing institutional interest. Teucrium CEO Sal Gilbertie told audiences that the last half of November could be very important for XRP, tying that view to broader trends in tokenization and institutional flows. Citibank projections cited at the event say tokenized assets could hit trillions within five years, and other panelists mentioned planned moves by traditional finance players. Based on reports, Circle also has plans to begin trading public equities in early December, which some see as another nudge toward more mainstream involvement. Advice From Market Players Gilbertie urged holders to focus on the long term. “Believe in it. Don’t worry about volatility. It will even out as adoption comes and more institutional money enters,” he said. That view was shared by other commentators who pointed out that ETF listings and institutional onboarding have historically changed how markets price assets. Related Reading: XRP’s Price Doesn’t Match Its Growing Real-World Use, Study Finds What To Watch Next Market participants will track the SEC process, any additional filings, and whether the government calendar affects the ETF start date. On-chain signals — like whale transfers and exchange flows — will also be watched closely. For now, reports suggest a mix of wariness among retail traders and growing institution-level interest, with November 13 marked as a date many are watching. Featured image from Unsplash, chart from TradingView
The XRP market is experiencing a new wave of large transactions as long-term holders adjust their positions. Over $300 million worth of XRP has recently been moved from crypto exchanges, signaling a shift in investor sentiment. While such withdrawals often suggest accumulation, current on-chain data present a mixed picture, indicating both opportunity and caution. Related Reading: Bitcoin Near Breaking Point As It Tests Its Most Crucial Support Line—Analyst Over $300 Million XRP Exit Crypto Exchanges According to on-chain data from Glassnode, investors have withdrawn more than 140 million XRP, valued at approximately $309 million, from crypto exchanges. At the same time, XRP’s Long-Term Holder Net Unrealized Profit/Loss (LTH NUPL) chart has revealed a more complex backdrop. The recent exchange withdrawals indicate a potential accumulation trend, suggesting that investors have begun buying XRP and are likely moving it into their respective wallets. Given the earlier wave of selling by long and short-term holders, this renewed accumulation could serve as a brief respite from the downward pressure. Notably, the LTH NUPL indicator has declined and is now approaching critical levels around 0.5. This area has been identified as a historical threshold where market optimism tends to give way to weakness. In previous cycles, a drop below the 0.5 level has often led to XRP price corrections, as long-term holders began selling and securing profits. This cycle appears no different. The LTH NUPL decline indicates that many long-term investors may be entering a distribution phase. Despite the bullishness of large-scale withdrawals, the underlying market sentiment remains cautious. A major reason for this could be the widespread liquidation events that occurred in the crypto market over the past few weeks. Earlier, on October 10, the XRP price flash crashed below $1 but retraced back above $2 within 24 hours after $19 billion was wiped out from the market. On November 3, the crypto market experienced another bleed, with about $1.4 billion liquidated in a single day. As the market recovers slowly, so does XRP. Its price is currently up 4.78% after falling more than 16% over the past month, according to CoinMarketCap. XRP Price Eyes $8 Target If Key Support Holds In a separate analysis, pseudonymous crypto analyst ‘Cantonese Cat’ has shared a bullish outlook using Fibonacci Extensions to project XRP’s next move and long-term trajectory. On the monthly chart, XRP is testing the 0.886 Fib level near $2.25—a critical support area that has previously served as a foundation for major upward moves. Cantonese Cat argues that as long as this level remains intact, XRP’s next impulse could target the 1.272 Fibonacci Extension around $8.29, representing a 260% increase from current levels above $2.3. Related Reading: ‘Sell Your House, Clothes And Buy XRP’ — Solana Exec’s Wild Advice Goes Viral The chart also shows earlier resistance near $3.31, aligning with the 1.0 Fib level. If XRP successfully reclaims this zone, it could confirm its bullish structure. The subsequent extensions, highlighted by the analyst at $13.38 (1.414 Fib) and $26.63 (1.618 Fib), represent potential long-term target zones if momentum continues. Featured image from Storyblocks, chart from TradingView
The price of Zcash is recording one of the most astonishing rallies in the crypto market despite the ongoing bearish conditions. Over the past few weeks, we have seen a resurgence in the privacy narrative. Zcash (ZEC), one of the oldest and best-known privacy coins, is up by about 700% since September. The pump in recent days is notable, as it comes at a time when the entire crypto industry is being dragged down due to Bitcoin’s decline towards $100,000. It raises the question of how Zcash is managing this performance, and there are different theories on social media as to why this is happening. Related Reading: XRP’s Price Doesn’t Match Its Growing Real-World Use, Study Finds What’s Going On With Zcash? Zcash (ZEC) has risen over 700% since September 2025, reaching as high as $728 on November 7, according to data from CoinGecko. This rally comes ahead of its mid-November halving, which will halve block rewards to 0.78125 ZEC, tightening supply like Bitcoin’s events. According to a recent report analysis by Galaxy Digital, Zcash’s extraordinary rally can also be attributed to a revived interest in privacy within the crypto space. The report noted that although Zcash’s underlying fundamentals have not drastically changed, perceptions of its zero-knowledge proof system have. More than 30% of the coin’s total supply is now locked within shielded pools, representing an all-time high for private usage on the network. This rally means that some users are increasingly seeking privacy-centric solutions as mainstream networks grow more transparent and subject to surveillance. Another factor contributing to Zcash’s rise is the recent tech upgrades to its network. The introduction of the new Zashi wallet, which makes private transactions far more user-friendly, has expanded Zcash’s accessibility to a wider audience. Prominent voices like Naval Ravikant and Arthur Hayes have championed Zcash’s role in the evolving privacy revolution, calling it “the missing piece for Bitcoin.” According to the BitMEX co-founder, Zcash has the potential to quickly achieve 10% to 20% of the value of Bitcoin, which would place its price between $10,000 and $20,000. Interestingly, Arthur Hayes’ Maelstrom fund now holds ZEC as its second-largest liquid asset. Can ZCASH Keep Pumping? Despite the euphoria, some analysts caution that Zcash’s dramatic rally may not be entirely rooted in long-term fundamentals. Economist Lyn Alden described the surge as a coordinated token pump, warning investors not to become exit liquidity. A crypto commentator known as Bit Paine on X suggested that the current Zcash rally may be a coordinated pump-and-dump, arguing that manipulators likely targeted the coin because privacy tokens had their big moment in 2017, meaning many new investors may be unaware of the pattern, and privacy-focused assets like Zcash make it easier for bad actors to conceal their activities from regulators. Related Reading: Bitcoin Near Breaking Point As It Tests Its Most Crucial Support Line—Analyst There is also looming regulatory pressure over privacy coins, especially after the European Parliament’s vote to restrict listings of tokens like Zcash and Monero on regional exchanges beginning in 2027. At the time of writing, Zcash is trading at $580.67, having retraced from its intraday high of $734.96. Featured image from Vecteezy, chart from TradingView
Solana Foundation manager Vibhu Norby jumped into a heated XRP discussion on X, adding a sharp dose of humor to an already intense online conversation. The debate began when Tradeship University founder Cameron Scrubs urged followers to sell all their other crypto assets and buy XRP. Related Reading: Bitcoin Near Breaking Point As It Tests Its Most Crucial Support Line—Analyst XRP Proponents Urge Bold Bets Scrubs, known for extreme XRP optimism, previously predicted that XRP would surpass Bitcoin and Ethereum within five years. He reignited that vision this week, telling investors to sell Bitcoin, Ethereum, ZCash, and Dogecoin — essentially, “sell everything” — and move into XRP. The statement quickly went viral, drawing reactions from multiple crypto communities. X user Caspian responded, saying it wasn’t meant literally. He added that the point was to align belief with action — if investors truly see value in XRP, they should act with conviction. “Own your stack, protect it, and stay ready,” he wrote. Sell your house. Sell your bed. Sell your kids. Sell your cardboard box. Sell your clothes. Buy XRP. — vibhu (@vibhu) November 7, 2025 ‘Sell Your House, Bed, Kids, And Buy XRP’ Vibhu Norby joined the thread with satire. He joked, “Sell your house, bed, kids, cardboard box, clothes, and buy XRP,” making it clear he was mocking the hype rather than endorsing it. Another user, Slorg, claimed he had already gone all in and asked what step to take next. Norby replied that the next move was to wait for major firms like BlackRock and Mastercard to tokenize trillions in assets, potentially sending XRP to $1,000. Despite the humor, the exchange highlighted the community’s real optimism about institutional involvement and the possibility of massive price growth. Ripple Funding And Institutional Moves Ripple added fuel to the discussion by announcing a $500 million funding round at its Swell 2025 event. Investors included Galaxy Digital, Fortress, Brevan Howard, and Pantera Capital. Ripple CEO Brad Garlinghouse said the investment confirmed faith in a business “built on the foundation of XRP.” Reports also showed Ripple partnered with Mastercard to use RLUSD on XRPL for fiat settlement, while Ripple Prime is integrating XRP for institutional transfers. These developments gave long-term holders more reason to stay confident in XRP. Holding XRP is the hardest part because conviction gets tested in every wave of volatility. But when you understand the fundamentals, the liquidity infrastructure @Ripple is building and how $XRP underpins the next phase of global settlement, patience becomes your leverage. — Black Swan Capitalist (@VersanAljarrah) November 5, 2025 Holding XRP Challenges Investor Conviction Meanwhile, Versan Aljarrah, the founder of Black Swan Capitalist, acknowledges that it is a constant emotional struggle holding XRP. He explains how investor patience is tested in every market cycle, and the challenge of remaining dedicated to your investment when the price moves materially can be one of the hardest things to do as an XRP holder. Related Reading: XRP’s Price Doesn’t Match Its Growing Real-World Use, Study Finds Engineer Vincent Van Code responded, saying that it requires “serious conviction – or mental illness” to not sell when the price moves. It comes as no surprise that the mixture of irony, crazy predictions and institutional news keeps XRP relevant. For some of them, the “sell your house” comments are simply an exaggeration, but it showcases the passion and belief of the XRP community, which has planned and endorsed their position, and has continued to show the strength of their will no matter how volatile XRP price action has remained. Featured image from Pexels, chart from TradingView
According to Bayberry Capital, XRP’s market price does not match its real-world role. The hedge fund firm argues the token is often judged like a speculative coin when it actually serves as plumbing for moving value between financial systems. Related Reading: Bitcoin Near Breaking Point As It Tests Its Most Crucial Support Line—Analyst The research compares the current stage of XRP to early internet infrastructure — quiet work laying the base while prices drift — and says many investors miss that deeper build-out. Ripple CEO Brad Garlinghouse has also stressed the token’s role across multiple settlement uses, reports show. Bayberry Capital Warns Mispricing Reports have disclosed that the investment house sees XRP as a liquidity tool, not just a tradable asset. It notes that institutional integrations, compliance work, and deep technical links take time to appear in prices. The firm believes the token’s recent price steadiness reflects growing backbone work, rather than lack of demand. Market observers are urged to look past headlines and volatility and weigh actual settlement activity. According To Onchain Data, Traders Are Shifting Based on CryptoQuant data, open interest in BTC and ETH positions fell within the last 72 hours while XRP accumulation rose. That pattern is being read as traders rotating toward assets with clearer utility. The shift does not prove a long-term trend, but it does show changing flows in the short term. Binance Traders Pile into XRP as BTC & ETH Positions Unwind “Traders are using these slight dips to add positions, showing conviction that contrasts sharply with the fear gripping BTC and ETH markets.” – By @Crazzyblockk pic.twitter.com/QdXlsJCV2L — CryptoQuant.com (@cryptoquant_com) November 6, 2025 Exchange Activity Shifts Lookonchain flagged a large move on Hyperliquid where a whale opened a short position worth over $20 million. The same actor moved $7 million in USDC into that DEX before placing the trade. At the same time, XRP’s price swung: after falling more than 13% to a low of $2.06 on Nov. 4, it climbed 6.27% the next day and reached $2.41. These opposing forces — fresh demand and a major short — are creating pressure around the current recovery attempt. Someone created a new wallet and deposited 7M $USDC to Hyperliquid, opening 20x short on both $BTC and $XRP. Positions: • 1,129 $BTC($116M) • 8,888,888 $XRP($20.35M) This guy seems to be a high-stakes gambler — he’s a Roobet and https://t.co/ZZPnpTmYqj user.… pic.twitter.com/GqWZaca4BC — Lookonchain (@lookonchain) November 6, 2025 Ripple Partnerships Add Practical Use Cases Reports show Ripple has expanded use of RLUSD after deals with Mastercard, WebBank, and Gemini. The company also raised $500 million at a $40 billion valuation, with backing that included Citadel Securities and affiliates of Fortress. Those moves are aimed at making it easier to settle credit-card transactions on the XRP Ledger using stablecoins, and they provide more pathways for real-world usage. Related Reading: XRP On Fire: Over 21,000 New Wallets Appear In 48 Hours Outlook And Market Tension Bayberry Capital believes that slow-moving institutional adoption means the market underestimates what’s being built. Adoption, compliance checks, and systems integration do not happen overnight; they creep forward as partners sign deals and test flows. Featured image from Unsplash, chart from TradingView
Bitcoin’s recent wobble has split analysts. Some warn of a deep pullback while onchain trackers point to a mild correction that could already be ending. Related Reading: XRP On Fire: Over 21,000 New Wallets Appear In 48 Hours Traditional Analysis Shows Risk According to Bloomberg analyst Mike McGlone’s post on X, the move under $100,000 may not be finished. He called a fall from recent highs a possible “Speed Bump Toward $56,000,” and said that past rallies often reverted toward the 48-month moving average, now near $56,000. That view implies the potential for a sharp drop — almost 50% from recent peaks — if the current downtrend keeps going. Short, stark statements from established market commentators have pushed concern among some investors. Onchain Signals Point To A Milder Decline Reports have disclosed data from Glassnode and XWIN Research Japan that paint a different picture. Bitcoin slipped to $99,000 on Nov. 4, the first time in over four months it fell below the $100,000 mark, but it later recovered to around $101,500, according to Coingecko. $100,000 Bitcoin – a Speed Bump Toward $56,000? “Look at the chart” has been a mantra from Bitcoin bulls, but the market gods can refresh humility when prices stretch too far. Synonymous with humility is mean reversion, and my look at the chart shows how normal it’s been for the… pic.twitter.com/ijzJ8L4SjT — Mike McGlone (@mikemcglone11) November 6, 2025 Onchain measures such as the Market Value to Realized Value, or MVRV, have dropped to ranges that in the past marked local lows. Glassnode highlighted the Relative Unrealized Loss metric, which currently sits at 3.1%. Readings at this level have historically matched mid-cycle corrections rather than full-blown bear markets. The firm noted losses under a 5% threshold have tended to be orderly revaluations, not panic-driven sell-offs. Bitcoin: Long-Term Forecasts Are Being Recalibrated Based on reports from ARK Invest, Cathie Wood trimmed her long-term Bitcoin projection by $300,000. She had earlier predicted a $1.5 million top by 2030; the cut implies a new peak target around $1.2 million. Wood said competition from stablecoins in emerging markets is reducing some demand for Bitcoin as a store of value. The move shows that even long-term bulls are adjusting assumptions as the market shifts. Related Reading: ‘Good News’ Finally Arrives For SHIB Army As Team Unveils New Update Market sentiment is being tested by numbers and by narrative. Short-term price swings have been large, but some key onchain indicators remain within ranges that have not signaled extreme stress. At the same time, notable analysts and venture leaders continue to warn of much deeper retracements. Investors are left to weigh technical patterns, blockchain metrics, and evolving views on demand drivers like stablecoins. Featured image from Gemini, chart from TradingView