Stablecoin-linked stocks in Hong Kong plunged by double digits amid the city’s new regulatory transition, but experts say it's a healthy correction.
Adriana Kugler steps down from the Federal Reserve Board amid mounting political pressure and renewed uncertainty over Jerome Powell’s leadership.
Polkadot (DOT) is building momentum and pressing against key resistance, with bullish signals flashing on the 4-hour chart. Rising volume and a tightening range hint at an imminent breakout, with a $4.75 target in sight. DOT isn’t done yet—bigger gains could be just ahead. Breakout Confirmation Hinges on Key Closing Level Polkadot could be gearing up for a significant breakout, according to a recent post from crypto analyst GodstarPL on the X (formerly Twitter) platform. The analyst emphasized that key bullish signals are now emerging on the 4-hour Heikin Ashi chart, hinting at a potential shift in momentum that could favor the bulls in the near term. Related Reading: Polkadot (DOT) Nears Critical Zone: A Reversal Could Trigger 180% Surge One of the most compelling signals comes from the price action itself, as DOT is currently pressing up against a major resistance level. This resistance is being tested alongside a noticeable uptick in trading volume, suggesting that market participants are increasingly interested and possibly positioning for a larger move. The combination of volume growth and price compression typically indicates that a breakout could be imminent. GodstarPL highlighted that the breakout target lies at $4.75, which would represent a 25% increase from current levels. For this move to gain traction, the analyst noted that confirmation is crucial. Specifically, DOT needs to secure a close above the $3.80 mark to validate the bullish breakout scenario and invite further buying pressure. On the downside, strong support has been identified around $3.55. This level is acting as a safety net for bulls, and a failure to hold above it could temporarily delay any upward movement. However, as long as this support holds, the setup remains favorable for an upside breakout. In summary, Polkadot is in a tight squeeze between support and resistance, with bullish reversal signals flashing on key timeframes. A breakout above $3.80 could pave the way for a strong rally toward $4.75, while the $3.55 level will be critical in maintaining bullish momentum. Thriving Not Surviving: Polkadot’s Breakout Potential Unfolds GodstarPL concluded that if current support levels continue to hold, the price of Polkadot could be poised for a powerful move into the $5 zone in the near future. The technical setup suggests that DOT isn’t merely consolidating, it’s building strength for what could be a substantial breakout. Related Reading: Polkadot Price Caught In A 5-Year Channel – Can It Finally Break Free? In the analyst’s view, DOT is not just weathering market conditions; it’s positioning itself for significant upside. With bullish signals aligning and momentum improving, DOT appears ready to shift from survival mode to a phase of growth and potential outperformance. As of the time of writing, DOT is trading at around $3.62, with a market capitalization exceeding $5.8 billion and a 24-hour trading volume of over $382 million. Featured image from Getty Images, chart from Tradingview.com
As physical gold hits record highs, Tether Gold’s (XAUt) market cap surges past $800 million, while Bitcoin treasury firm Twenty One Capital expands holdings.
OpenAI’s latest funding round, which values the company at $300 billion, was five times oversubscribed amid surging investor demand for AI, according to The New York Times.
The merger could significantly boost U.S. Bitcoin mining capacity, impacting market dynamics and regulatory landscapes in the crypto industry.
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Kugler's departure allows Trump to influence Fed policy direction amid ongoing tensions over interest rate strategies and leadership dynamics.
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HIVE Digital co-founder Frank Holmes stated this week that several sanctioned nations are actively mining Bitcoin (BTC) in secret, turning to the crypto as an alternative revenue stream in the face of U.S. financial restrictions. Holmes made the claims during a recent interview with the Roundtable. He tied a recent drop in global mining difficulty […]
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Gemini looks smart, but can it actually trade? We put it to the test with sample trades and break down where it helps and where it doesn’t.
The value of Bitcoin has grown substantially since the BTC community asserted independence from miner domination on Aug. 1, 2017.
It is essential to secure your BTC, altcoins and NFTs with a crypto inheritance plan that safeguards keys and simplifies wealth transfer for heirs.
XRP’s recent performance has been relatively strong against Bitcoin in the past month. Over the past few weeks, the XRP/BTC pair has been quietly pushing up above the 0.00002100 level and challenging long-standing horizontal resistance levels. Amid this movement, a new technical analysis from crypto analyst JayDee has stirred controversy on social media, with the suggestion that XRP may soon go on an explosive rally against Bitcoin before suffering a catastrophic 90% crash. Final Biblical Move To Send XRP/BTC Surging According to JayDee, XRP is entering the final phase of its multi-year structure against Bitcoin, and a dramatic breakout could be imminent. “$XRP is on the verge of having its FINAL BIBLICAL MOVE against $BTC in the coming months,” he wrote. As shown in a monthly candlestick timeframe chart of the XRP/BTC pair, which the analyst shared on the social media platform X, XRP/BTC is currently sitting around a resistance zone after escaping a long-term descending triangle back in December 2024. Related Reading: XRP Price Set To Teleport As Major Financial Players Tap In — Opportunity Window Closing Fast A thick green box shown in the chart below suggests that the next move may be a rapid surge, which could see the XRP/BTC pair trade for as high as 0.00007. At the time of writing, XRP/BTC is trading at 0.00002649. Therefore, an increase to 0.00007 will represent a 164% increase from the current levels and put the pair trading at levels not seen since mid-2019. The green target zone will likely come into play once resistance at 0.00002700 is cleared with enough volume for XRP. A strong factor that could see XRP outperforming Bitcoin by such a massive amount is if Spot XRP ETFs are finally launched in the US. Supporting this view is a bullish crossover forming on the Stochastic RSI, which is circled on the chart. The momentum indicator is currently sitting just above the 60 line, which is another sign that the pair could be on the verge of a sharp move higher. Once this bullish cross is confirmed, the rally would be massive and go along the line of many traders expecting an intense upside in a short period of time. However, the expected price overperformance of XRP against Bitcoin comes with a twist; this euphoric phase won’t last long. The Predicted 90% XRP/BTC Crash Analyst JayDee warns that what comes after this final Biblical XRP/BTC move could be devastating for most XRP holders. “Right before HISTORICAL 90% crash that will wipe out most investors,” he added. Related Reading: XRP Price Showing Quiet Strength As Next Breakout Level Lies At $4.65 The predicted crash is shown in the chart image above with a massive blue arrow pointing downward into a pink zone located between $0.000009 and $0.000007. According to the structure, this drop would return XRP/BTC to retest its long-term ascending support trendline, which has held since 2017. A 90% crash in the XRP/BTC pair could happen if XRP experiences a severe price breakdown below $3 and $2. Alternatively, XRP could underperform and drive the ratio downward even without a sharp XRP price decline if Bitcoin regains dominance and begins setting multiple new all-time highs. Featured image from Getty Images, chart from Tradingview.com
Bitcoin derivatives data shows no evidence the 2025 bull run is over despite BTC price sliding to lower support levels below $115,000.
Solana (SOL) saw a massive jump in open interest during July, rising by over 370%, which shows a strong return of market interest. This sharp rise could signal a possible price comeback, especially after SOL triggered a drop toward $160. With more money flowing into SOL futures, many investors are now watching closely to see …
The US Securities and Exchange Commission (SEC) will expand its series of crypto roundtables and take its crypto policy outreach on the road beginning Aug. 4 in Berkeley, California. According to an Aug. 1 statement, the tour is meant to give founders and developers, especially teams with 10 or fewer employees and less than two […]
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Ethereum’s 10th anniversary celebration was marked by an uptick in institutional demand for Ether as an alternative treasury reserve asset, prompting Wall Street to look past Bitcoin.
Bitcoin and stocks are at session lows late in U.S. afternoon trade on Friday.
XRP’s $2.80–$2.95 support zone is emerging as a key battleground, with analysts calling it a critical “make-or-break” price level for the next month.
The crypto market, as tracked by the CoinDesk 20 Index, jumped over 21% in July.
Gate enters the US market with spot trading as regulatory landscape shows signs of progress.
The UK Financial Conduct Authority (FCA) has formally lifted its 2021 ban on crypto exchange-traded notes (cETNs) for retail investors. In an Aug. 1 announcement, the regulator confirmed that these products will now be available on UK-regulated markets, marking a significant policy shift to broaden access to digital asset investments. The original ban was introduced […]
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Ripple Labs Chief Technology Officer, David Schwartz, has offered rare and pointed clarity on what drives the XRP price value in the long term, despite the company’s recent spotlight on its new stablecoin, RLUSD. In a recent exchange with an XRP supporter on social media, Schwartz emphasized that the crypto continues to sit at the core of Ripple’s payment infrastructure, especially as the main bridge asset in cross-border transfers. XRP’s Role As A Bridge Asset Is Still Central While RLUSD plays a specific role, Schwartz reveals XRP’s utility in real financial use cases will ultimately boost its value. His comments reaffirm Ripple’s longstanding plan for the digital asset, relying on XRP for its proven liquidity and built-in role on the ledger as it explores other digital options. Related Reading: XRP Set To Explode? Analyst Sees $5 Surge Any Moment – Details In his response, Schwartz directly addressed growing speculation that the company may be shifting its attention away from XRP in favor of its new stablecoin, assuring that the digital asset remains Ripple’s cross-currency asset that allows for fast, low-cost currency exchanges. While Schwartz didn’t share exact data, he said he was confident that the token’s usage “dwarfs every other asset” in Ripple’s system. XRP links to how the XRP Ledger functions, so an increase in ledger activity is almost guaranteed to drive more demand for the crypto token, naturally lifting its price value as it becomes more essential in global financial workflows. Schwartz argued that as real-world adoption of the Ripple blockchain networks grows, so will demand for XRP. The embedded demand, as more businesses and developers build on XRPL, is what could be the core driver of XRP’s future price value. Ripple CTO: Stablecoins Support, XRP Sustains Some community members worried that Ripple’s new stablecoin RLUSD, launched in December 2024, could replace the crypto token, but Schwartz clarifies that the stablecoin and XRP serve different purposes. He said stablecoins like RLUSD are better suited for use cases that require a fixed value, such as when companies post collateral or need to enter and exit markets without dealing with large price swings. Related Reading: XRP Blows Cold: Price Crash To $2.15 Still Possible If Buyers Falter Volatility in crypto markets can be disruptive in these scenarios, and stablecoins avoid that issue by holding a steady price. However, Schwartz believes that for most other applications, especially those related to real finance and long-term holdings, digital assets like XRP are still the better choice. He noted that, unless highly risk-averse, most long-term users would likely prefer holding the top digital asset over cash because of their potential for upside and active role in blockchain ecosystems. The Ripple exec added that as more institutions turn to XRPL for financial use cases, XRP’s role in facilitating quick currency movement becomes more vital, particularly in volatile markets where stablecoins may not be ideal. Schwartz made a subtle but important distinction, saying XRP’s place on XRPL is privileged. With this, the crypto token is less likely to be replaced or worked around, providing a long-term advantage that many other tokens may not have. Featured image from Unsplash, chart from TradingView.com
Veteran financial adviser Ric Edelman explains why Bitcoin is no longer viewed as just a speculative asset, and how portfolio strategies are evolving in response.
Falling on-chain velocity doesn’t necessarily mean bitcoin usage is slowing. In fact, it might just mean we’re looking in the wrong place, says Stefania Barbaglio.
Bitcoin is politically neutral. But bitcoin treasury vehicles aren’t. Are we buying the coin, or the campaign?
Shares of Coinbase, Riot Platforms and CleanSpark plunged amid a broader market sell-off driven by weak jobs data, inflation concerns and renewed tariff threats.
A wallet has scooped up over 331 million Pi coins during a major price slump, raising questions about insider moves or a strategic bet on Pi’s future.
Bitcoin started August on a bearish note, but the downturn appears to have stemmed from spot market activity rather than a wave of forced liquidations in derivatives markets. Over the past 24 hours, the flagship digital asset dropped by more than 3% to under $115,000, resulting in over $200 million in market liquidation. Glassnode data reveals […]
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A police officer’s 50-BTC theft was unraveled by blockchain tracking. Investigators traced the funds and brought him to justice.
Support has now been established in the $3.55-$3.58 range, with resistance at the $3.68 level.