The following article is adapted from The Block’s newsletter, The Daily, which comes out on every weekday.
Crypto analyst ChartNerd has raised the possibility of the XRP price recording another 30% surge from its current level. This comes even as the altcoin risks erasing its year-to-date (YTD) gains due to the recent crypto market crash. How The XRP Price Could Rally To $2.70 In an X post, ChartNerd stated that a potential XRP price rally to $2.70 is a possibility in the near term if the altcoin can hold the Fib support targets and mark a higher low. He highlighted three Fib support levels, including the 0.5 at $2, 0.618 at $1.99, and 0.786 at $1.89. He noted that the $2.70 was the base of the descending triangle, around the area where XRP broke down from following the October 10 crypto crash last year. Related Reading: XRP Wave C Push On The Way: What Could Send Price Below $2? ChartNerd also explained that the XRP price was currently in a falling wedge breakout pattern and that this typically leads to rallies as high as where the coin had broken down. As such, in this case, XRP could reach the descending triangle resistance at $2.70. The crypto analyst had also highlighted bullish fundamentals that could drive the rally toward this target. This includes Ripple’s alleged ties to South Korea’s tokenized infrastructure and projected major expansion for XRP. However, it is worth mentioning that the XRP price is also at risk of a further decline amid the latest crypto market crash, led by Bitcoin. BTC has dropped to as low as $92,000 in the last 24 hours, forcing XRP to crash below the psychological $2 level. This crash has occurred on the back of the latest Trump tariffs on some European nations over the U.S. proposed takeover of Greenland. The EU is weighing retaliatory tariffs, which could escalate this into another full-blown trade war. The Crash Could Be A “Blessing In Disguise” In another X post, ChartNerd suggested that the recent XRP price crash could be a blessing in disguise. This came as the analyst alluded to the $1.80 liquidity pocket on the monthly heatmap. He noted that this latest drawdown has swept the altcoin into that exact sell-side liquidity, a move which ChartNerd described as a clarity response. ChartNerd also suggested that the XRP price is likely a minor setback rather than a major retracement. He noted that although altcoins are taking hefty hits, Bitcoin hasn’t lost any key structure and that all he sees is “opportunity” until the trendline is invalidated. As such, XRP could see a bounce if BTC successfully defends this trendline. Related Reading: Analyst Says XRP Price Just Entered Neutral State – What This Means At the time of writing, the XRP price is trading at around $1.96, down over 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Bitcoin price succumbed to a violent selloff on Monday while gold and silver surged to all-time highs following President Donald Trump‘s threat of sweeping new tariffs on European allies. According to CryptoSlate's data, BTC slipped below $93,000 within minutes during early Asian trading hours, after trading comfortably in the mid-$95,000s just moments earlier. This price […]
The post Bitcoin just failed its biggest ‘digital gold’ test, and the reason why should have every investor deeply worried appeared first on CryptoSlate.
Crypto analyst TARA has predicted that the Bitcoin price will still rally despite bearish signals that have surfaced. She highlighted why the flagship crypto could reach this level and what could happen once it touches the price target. Analyst Predicts Bitcoin Price Surge To $99,000 In an X post, TARA opined that the Bitcoin price will reach $99,300, even though the flagship crypto is printing a bearish candlestick. She stated that BTC wants to touch this price target before it retraces deeper so that the correction does not break the critical support at $90,000. The analyst added that retracement levels for BTC will continue to be adjusted, with the new 2026 high above $97,000, while revealing subwaves on the way to the full target at $103,000. Related Reading: Analyst Outlines The Bulllish And Bearish Scenarios For Bitcoin – Here’s What To Know Notably, crypto traders are currently betting on the Bitcoin price rallying past the $99,000 level and reaching the psychological $100,000 level. Polymarket data shows a 48% chance that BTC will rally to $100,000 this month. This follows the flagship crypto’s recent rally from around $92,000 to above $97,000 following the release of the soft CPI inflation data earlier this week. The spot Bitcoin ETFs have also contributed to the Bitcoin price surge to start the year. In an X post, Bloomberg analyst Eric Balchunas highlighted that ETFs recorded net inflows of $843 million on January 14 and now boast 1-week net inflows of $1 billion and $1.5 billion year-to-date (YTD). With BTC rallying to $97,000 after trading sideways towards the end of last year, Balchunas opined that the buyers may have exhausted the sellers. Arthur Hayes Predicts Bitcoin Rally On Rising Liquidity In his latest blog post, BitMEX co-founder Arthur Hayes predicted that the Bitcoin price could sustain this rally as dollar liquidity rapidly increases. Hayes expects dollar liquidity to increase as U.S. President Donald Trump finds more ways to inject liquidity into the economy. The BitMEX co-founder highlighted how Trump plans to lower mortgage rates, which could cause Americans to borrow more. Related Reading: What’s Going On With Bitcoin And The Stock Market? Analyst Breaks It Down Hayes also mentioned that the liquidity in 2025 didn’t support crypto portfolios, which is why the Bitcoin price underperformed. He urged market participants not to draw wrong conclusions from the 2025 underperformance, as it was always a liquidity story rather than a cyclical bear market, as some analysts suggested. More liquidity could also flow into the market as Trump nominates a rate-cut advocate to replace Fed Chair Jerome Powell. This could lead to larger rate cuts, which would be bullish for the Bitcoin price and the broader crypto market. At the time of writing, the Bitcoin price is trading at around $95,300, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
Three House Democrats are urging the SEC to explain its crypto enforcement retreat and the pause in the Justin Sun case.
Government-ethics questions still hang over the U.S. Senate's plans to vote on the crypto market structure bill, and Warren is raising a related argument.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Cardano founder says Trump’s actions have politicized crypto and alienated half the country.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The launch deepens scrutiny around World Liberty as it seeks a U.S. bank charter, with critics pointing to Trump family financial conflicts.
Bernstein said the window to pass the bill is rapidly narrowing amid a dispute between banks and the crypto industry over stablecoin rewards.
The rally came shortly after Powell said that the DOJ had threatened him with criminal charges over his June 2025 congressional testimony.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Cathie Wood, ARK Invest’s founder and CEO, said she expects the Trump administration could move beyond simply holding seized bitcoin and begin purchasing BTC to build a US strategic reserve, a shift she argued could become a catalytic signal for markets and other governments. Speaking on ARK’s “Bitcoin Brainstorm” podcast in an episode dated Jan. 08, Wood framed government buying as a potential inflection point at a time when she believes institutional participation remains “just beginning” and bitcoin’s supply dynamics are getting harder to ignore. “We have seen very little institutional buy-in, it is just beginning,” Wood said. “And I think if we get the US, for example, not adding just confiscated bitcoin to a strategic reserve but, you know, out there buying, and we don’t know if that’s going to be the case. But if they were to do so, I have a feeling that would set off what we’re all waiting for, which is, you know, the scarcity value to reassert itself again now that we’re near 20 million bitcoin outstanding and we only have one more million to go.” Related Reading: Bitcoin Emerges As A Hedge Amid Rising Global Geopolitical Tensions In the discussion, Wood suggested the administration’s posture so far has effectively been limited to confiscated holdings. She contrasted that with what she described as an earlier ambition for scale, noting “the original intent was to own a million bitcoin,” before adding her view that a pivot toward purchases is plausible. Midterms Could Drive US Bitcoin Reserve Buys Wood linked that possibility to political incentives heading into the 2026 US midterm elections, describing Trump as motivated to keep momentum and avoid being politically sidelined. “President Trump does not want to be a lame duck,” she said. “So I have a feeling that he is going to work with his crypto and AI czar to do a few things… [and] it seems as though there’s been reticence about actually buying bitcoin for the strategic reserve. So far, so far it’s confiscated… So I actually think they will start buying.” Related Reading: Bitcoin Indicator With 84% Hit Rate Flashes Again: Is A Price Rally Next? Wood also pointed to what she sees as aligned constituencies around the president, arguing he has “all kinds of reasons” to lean into crypto while emphasizing that the political calculus matters because of the midterm timeline. When the conversation turned to how such purchases could be executed, Wood echoed the idea that any reserve strategy would need to be budget-neutral. She didn’t outline a mechanism, but treated the constraint as a key gating factor for feasibility. Wood argued that explicit US buying would not just be a domestic market event. Iit could force other capitals to revisit reserve policy. “Something that’s really important… we thought that countries would adopt it much earlier than they have,” she said. “I think if the US actually says, ‘Okay, now we’re going to buy,’ that’s going to spur a lot of other governments to think this thing through. Do they want to be hostage to the dollar…? And you know, no, they don’t. So put some bitcoin in your reserves.” If that dynamic accelerates, Wood warned emerging-market currencies could face renewed pressure, describing a scenario where reserve diversification toward bitcoin reshapes volatility across weaker fiat regimes, a downstream effect, she suggested, of Washington making the first overt move from holding seized BTC to competing in the open market. At press time, BTC traded at $90,578. Featured image from YouTube, chart from TradingView.com
The founder of ARK Invest said crypto was 'part of the reason [Trump] won the presidency,' and could be a politically salient midterm topic.
The president told the New York Times he won't pardon ex-FTX CEO SBF, nor will he be granting help to Sean Combs or Venezuela's Nicolás Maduro.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
On Jan. 7, Donald Trump’s World Liberty Financial (WLFI) formally applied for a national banking charter to establish the “World Liberty Trust Company.” This is a proposed national trust bank specifically designed to handle USD1 stablecoin issuance, custody, redemption, and reserve management. USD1 is WLFI's flagship product, with more than $3.3 billion in supply across […]
The post Why is Donald Trump’s World Liberty Financial (WLFI) is applying for a banking license right now? appeared first on CryptoSlate.
World Liberty Financial is trying to launch the World Liberty Trust Company, a stablecoin-focused national trust bank, it said Wednesday.
The Senate is approaching a potential markup that may advance crypto legislation to a vote, and industry insiders are amassing for a lobbying push this week.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The U.S. hacker pleaded guilty to stealing and laundering nearly 120,000 bitcoin from cryptocurrency exchange Bitfinex in 2016.
The Truth Social parent said it will issue a new digital token on Crypto.com’s Cronos blockchain, with shares and crypto prices rising following the announcement.
The move represents Trump Media's latest partnership with Crypto.com, including a series of crypto-related ETFs and a predictions market.
There's always something going on in the crypto space, and this year was no exception. We take a look back at 2025's highlights.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin is trading near $86,600 after a volatile trading day, with analysts expecting continued volatility amid macroeconomic uncertainty.
Potential 2028 presidential candidate Gavin Newsom again goaded the president with a website highlighting ties to those with criminal records, including some in crypto.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.