Stellar (XLM) is showing signs of resilience after weeks of consolidation, with the cryptocurrency defending the crucial $0.37 horizontal support level. At the time of writing, XLM trades around $0.36, down 0.56% on the daily charts and 4.2% weekly. Related Reading: XRP Gets A Retirement Twist: Expert Calls It A 401(k) Despite the short-term weakness, analysts suggest that the altcoin’s recent bounce could set the stage for a move toward $0.50 and beyond. The $0.37 level has historically acted as both resistance and support, making it a decisive zone for future price action. A reclaim above this mark could push XLM toward the long-standing descending resistance near $0.48, with a breakout potentially triggering a stronger rally. Technical Indicators Signal Mixed Outlook Market data highlights both caution and opportunity for Stellar traders. Momentum indicators remain balanced, with the Relative Strength Index (RSI) close to neutral at 50 and the Moving Average Convergence Divergence (MACD) slightly above zero. While these readings suggest indecision, the broader technical setup indicates a potential bullish reversal. Analysts also observe a developing wedge pattern on the daily chart, which often signals a possible upside breakout. If bulls can sustain momentum and push the price above $0.41, the next targets are between $0.58 and $0.80. Conversely, failing to hold above $0.35 could expose the token to declines toward $0.30 or even $0.21. XLM's price moving sideways on the daily chart. Source: XLMUSD on Tradingview Stellar (XLM) Institutional Adoption Fuels Long-Term Optimism Beyond technical analysis, Stellar’s ecosystem developments are increasing confidence in the project’s long-term outlook. The Stellar Development Foundation (SDF) recently announced access to over $3 billion in real-world assets (RWA) on its network, with issuers like PayPal, Ondo Finance, and Mercado Bitcoin actively involved. The launch of PayPal USD (PYUSD) on Stellar has been a key factor in driving adoption, strengthening the network’s role in cross-border payments and asset tokenization. Additionally, expanding partnerships with companies such as Mastercard and MoneyGram demonstrate XLM’s growing institutional presence. Related Reading: Bitcoin LTH Selling Pressure Builds: 6–12M Coins Keep Flowing Onto The Market With Bitcoin remaining strong above $112,000 and market sentiment gradually improving after recent volatility, analysts view Stellar as a strong candidate for near-term recovery. If the bullish scenario unfolds, XLM’s next key milestone could be a breakout above $0.50, paving the way for a broader rally. Cover image from ChatGPT, XLMUSD chart from Tradingview
Naver's acquisition of Upbit could significantly boost its influence in South Korea's digital finance sector and shape future crypto policies.
The post Naver Financial expected to gain control of Upbit through share-swap deal appeared first on Crypto Briefing.
The deal would bring Upbit's parent Dunamu under the umbrella of Naver Financial.
The draft legislation seeks to amend the Corporations Act 2001 to bring crypto service providers under the financial services licensing regime.
XRP price attempted a recovery wave above the $2.850 zone. The price is now struggling to clear $3.00 and might decline again below the $2.80 zone. XRP price is moving lower below the $2.920 support zone. The price is now trading near $2.90 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it dips below $2.850. XRP Price Faces Hurdles XRP price found support near $2.680 and recently started a recovery wave, beating Bitcoin and Ethereum. The price was able to surpass the $2.80 and $2.85 resistance levels. The bulls pushed the price above the 50% Fib retracement level of the main decline from the $3.138 swing high to the $2.678 low. However, the bears are active near the $3.00 resistance. The price faced rejection near $3.00 and reacted to the downside. The price is now trading near $2.90 and the 100-hourly Simple Moving Average. Besides, there is a connecting bullish trend line forming with support at $2.850 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.95 level. The first major resistance is near the $2.9620 level and the 61.8% Fib retracement level of the main decline from the $3.138 swing high to the $2.678 low. A clear move above the $2.9620 resistance might send the price toward the $3.00 resistance. Any more gains might send the price toward the $3.050 resistance. The next major hurdle for the bulls might be near $3.120. Another Decline? If XRP fails to clear the $2.9620 resistance zone, it could continue to move down. Initial support on the downside is near the $2.880 level. The next major support is near the $2.850 level and the trend line. If there is a downside break and a close below the $2.850 level, the price might continue to decline toward $2.780. The next major support sits near the $2.70 zone, below which the price could gain bearish momentum. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.880 and $2.850. Major Resistance Levels – $2.9620 and $3.00.
The reported move comes amid efforts in South Korea to establish clear regulations around crypto, especially for won-pegged stablecoins.
Kadan Stadelmann, chief technology officer at Komodo Platform, told Cointelegraph treasury companies are competing to see who can create the most enticing structure.
As Bitcoin (BTC) continues to remain range-bound between $110,000 – $115,000, data from crypto exchanges seems divided toward the leading cryptocurrency. While Binance traders are exhibiting a bullish stance, traders from other exchanges are still showing a degree of hesitation. Binance Traders Expecting Bitcoin Price Surge According to a CryptoQuant Quicktake post by contributor Crazzyblockk, fresh derivatives data from Binance is signaling shifting market dynamics – specifically, the recent BTC funding rate on Binance points toward traders taking a bullish stance. Related Reading: Bitcoin Breaks Above Mid-Term Holder Breakeven – Is A Fresh Rally Brewing? On the contrary, the BTC funding rate from other exchanges, such as OKX, Bybit, and Deribit, suggests that traders on these platforms are still uncertain about taking any directional bet. As of September 23, the BTC perpetual funding rate on Binance climbed to +0.0084%, suggesting that the long positions are dominant and traders are willing to pay a premium to maintain their bullish bets. It is worth highlighting that the increase in funding rate is not an isolated event, as it suggests a positive seven-day change, indicating strengthening conviction among Binance traders. For comparison, the BTC funding rate on OKX is currently hovering at -0.0001%, while on Bybit it sits at 0.0015%. Finally, Deribit shows a funding rate of 0.0019%. The analyst added: This isn’t just a difference in numbers; it’s a difference in narrative. While funding rates on OKX and Bybit have actually decreased over the last seven days, Binance’s rate has climbed. For the uninitiated, funding rates can be viewed as a real-time gauge of trader sentiment in the perpetual swaps market. A strong positive rate like that of Binance, which diverges from the rest of the market, points toward aggressive bullish speculation. Is BTC About To Make A Move? In a separate CryptoQuant post, contributor XWIN Research Japan noted that Bitcoin’s implied volatility has dropped to its lowest level since 2023. Back then, the lull in the market was followed by an explosive rally of 325%, which propelled BTC from $29,000 to $124,000. Related Reading: Bitcoin Faces Bearish Pressure As Exchange Inflows Stay Elevated – Will BTC Lose $112,000 Support? The analyst added that the total Bitcoin exchange reserves continue to deplete at a rapid pace, hitting new multi-year lows. Historically, such a fall in BTC exchange reserves has preceded supply squeezes, leading to a dramatic rise in demand. That said, the overall sentiment toward BTC appears to be cold at present. The Bitcoin Fear & Greed Index suggests that investors are fearful of entering the market, which may offer a good opportunity to accumulate BTC at current market prices. However, fresh data from BTC wallets confirms that new wallets – those that are less than a month old – are starting to buy the top digital asset. At press time, BTC trades at $113,796, up 1% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
The Philippines has launched a blockchain system to track public works spending following protests over corruption.
Ethereum exchange balances dropped to a nine-year low of 14.8 million ETH as digital asset treasury firms and exchange-traded funds accelerate buying.
Gate's strategic move could enhance scalability and user engagement, potentially strengthening its market position in the competitive crypto space.
The post Gate unveils layer 2 network and GT tokenomics upgrade appeared first on Crypto Briefing.
Ethereum price started a fresh decline below $4,120. ETH is now struggling and might decline further if it breaks the $4,050 support zone. Ethereum failed to extend gains and declined below the $4,150 zone. The price is trading below $4,150 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,360 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below $4,050 and $4,000. Ethereum Price Dips Again Ethereum price remained in a bearish zone after it settled below $4,450, like Bitcoin. ETH price declined below the $4,320 and $4,300 support levels. The bears even pushed the price below $4,120. A low was formed at $4,000 and the price recently started a minor recovery wave. There was a move above the 23.6% Fib retracement level of the downward wave from the $4,635 swing high to the $4,000 low. However, the bears remained active near the $4,250 resistance zone and pushed the price lower again. Ethereum price is now trading below $4,150 and the 100-hourly Simple Moving Average. Besides, there is a key bearish trend line forming with resistance at $4,360 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $4,150 level. The next key resistance is near the $4,220 level. The first major resistance is near the $4,250 level. A clear move above the $4,250 resistance might send the price toward the $4,350 resistance and the trend line. An upside break above the $4,360 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,450 resistance zone or even $4,550 in the near term. Downside Extension In ETH? If Ethereum fails to clear the $4,220 resistance, it could start a fresh decline. Initial support on the downside is near the $4,050 level. The first major support sits near the $4,000 zone. A clear move below the $4,000 support might push the price toward the $3,880 support. Any more losses might send the price toward the $3,820 region in the near term. The next key support sits at $3,750. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $4,050 Major Resistance Level – $4,220
A closely watched crypto commentator known as plur daddy (@plur_daddy) has resurfaced with a macro thesis that places Bitcoin and gold at the center of an approaching policy inflection—arguing that President Donald Trump’s push to assert greater control over US monetary policy could catalyze a liquidity wave that undermines the dollar and forces institutional participation in alternative stores of value. The remarks arrive as global policymakers debate the use of Russia’s immobilized reserves to backstop new loans to Ukraine and as gold trades near record highs, sharpening the contours of a market regime in which Bitcoin increasingly trades as a function of liquidity and institutional credibility rather than a halving-linked “four-year cycle.” Trump’s Fed Takeover Could Supercharge Bitcoin “It’s been great being off Twitter… I continue to be long BTC and also significantly sized up my gold position in August. This is driven by my belief that Trump’s efforts to take control of the Fed represent a momentous catalyst, the kind that happens once a decade,” he wrote, adding: “Once he takes control, it is logical that he will not only cut rates, but engage in some form of yield curve control… The USD will get destroyed as a result.” Related Reading: Bitcoin Will Soak Up Trillions From China And Russia, Billionaire Predicts The post frames Bitcoin and gold as “more pure beneficiaries of an environment where liquidity is increasing and institutional credibility is undermined,” and contends that lingering fears about a halving-style market top are misplaced now that “BTC… has been captured by tradfi and is a more pure expression of liquidity conditions.” The policy backdrop he sketches has moved from hypothetical to contested reality in recent weeks. Federal Reserve Chair Jerome Powell publicly rejected claims that the central bank is acting politically, even as investors parse appointments and public pressure from the White House. “Cheap shots,” he said of accusations about the Fed’s motives, defending the data-dependence of recent decisions. In parallel, global policymakers and market strategists have openly debated whether ongoing political intervention could force the Fed toward explicit yield-curve control to contain long-term borrowing costs—an approach not used in the US since the 1940s. In a follow-up thread, “plur daddy” outlined a pathway to lower mortgage rates via government-sponsored enterprises (Fannie Mae and Freddie Mac) buying more mortgage bonds, with capital requirement tweaks and derivatives used to manage duration. That proposal distinguishes itself from QE by shifting spreads through asset mix rather than expanding central-bank balance sheets directly. The argument aligns with the broader political incentives ahead of US midterms: “Markets are forward looking… They have a strong incentive to juice the economy and markets,” he wrote, while cautioning that direct stimulus would carry inflation risks. The liquidity lens extends to the Treasury General Account (TGA), which has been rebuilt rapidly into late Q3. Research desks had warned that an aggressive TGA refill into September could briefly drain market liquidity before easing, a pattern that crypto traders have long monitored given Bitcoin’s outsized sensitivity to changes in dollar system reserves and bills-versus-reserves mix. “BTC is hypersensitive to any shift in liquidity conditions, much more so than equities,” the post asserts, echoing analysis that mapped TGA dynamics to risk-asset performance. Another pillar of the thesis is Europe’s evolving stance on Russia’s frozen sovereign assets—roughly $300 billion immobilized after the 2022 invasion. Brussels is weighing a structure in which new loans to Kyiv are backed by those assets and only repaid if Russia pays reparations—an outcome the author argues “will never happen,” calling the mechanism a de facto seizure that “massively bolsters the raison d’être for crypto.” Related Reading: Bitcoin Dip-Buy Calls Spike: Why This Could Actually Be Bearish Market context has been sympathetic to the store-of-value leg of the argument. Gold has pierced new highs this month, with multiple banks projecting scenarios toward $3,700–$4,000 over the next several quarters if central-bank buying remains strong—and potentially higher if private investors accelerate hedging flows away from US dollar assets amid policy and geopolitical uncertainty. “It makes sense that BTC start moving [when] gold’s momentum slows down,” “plur daddy” added, positing a rotation once bullion’s advance stalls. The post has drawn quick agreement from notable traders. “Agree, I am trying to time this, I think < 6 months & > 90k,” wrote Ansem (blknoiz06), sketching a timeline that implies a Q1 2026 window for a new Bitcoin leg higher. Macro strategist Alex Krüger called it a “great post.” Forward Guidance podcast host Felix Jauvin added: “So very well said. Good to see you man.” The policy backdrop the expert sketches now features a Fed Board with a freshly confirmed Governor, Stephen I. Miran, who immediately dissented at the September FOMC for a larger cut and has been publicly arguing for materially faster easing in the dot plot. In parallel, the administration’s attempt to remove Governor Lisa Cook via lawsuit has put an unprecedented spotlight on the legal protections around Federal Reserve independence. Those developments—together with Europe’s evolving plan to leverage frozen Russian assets—are the concrete signposts of the “once-a-decade” moment described above. At press time, BTC traded at $113,121. Featured image created with DALL.E, chart from TradingView.com
Stablecoin issuer Circle has partnered with crypto infrastructure and self-custody platform Crossmint to offer USDC across more chains for both humans and AI agents.
The Federal Reserve cut interest rates this month, but the reaction from the crypto market has been far more muted than many expected. Investors were hoping for an immediate rally, especially in altcoins, yet Bitcoin continues to move sideways. Bitcoin slipped to around $112,761, down more than 3% over the past week, while Ethereum fell …
Metaplanet is differentiated by the ability to utilize its bitcoin to create recurring income from derivative strategies, Benchmark said.
Bitcoin price extended losses after it traded below $113,800. BTC is now consolidating losses and might decline again to test the $110,500 support zone. Bitcoin started a fresh decline below the $113,500 zone. The price is trading below $113,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $114,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $114,000 zone. Bitcoin Price Stuck Below Resistance Bitcoin price failed to start a recovery wave and stayed below $115,000. BTC declined below the $113,500 and $113,000 support levels to move further into a bearish zone. The decline gained pace below the $112,500 level. A low was formed at $111,111 and the price is now consolidating losses. There was a minor move above the 23.6% Fib retracement level of the recent decline from the $117,920 swing high to the $111,111 low. Bitcoin is now trading below $113,500 and the 100 hourly Simple moving average. Besides, there is a bearish trend line forming with resistance at $114,000 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $113,500 level. The first key resistance is near the $114,000 level and the trend line. The next resistance could be $114,500 or the 50% Fib retracement level of the recent decline from the $117,920 swing high to the $111,111 low. A close above the $114,500 resistance might send the price further higher. In the stated case, the price could rise and test the $115,500 resistance. Any more gains might send the price toward the $116,500 level. The next barrier for the bulls could be $117,250. Another Decline In BTC? If Bitcoin fails to rise above the $114,000 resistance zone, it could start a fresh decline. Immediate support is near the $112,000 level. The first major support is near the $111,250 level. The next support is now near the $110,500 zone. Any more losses might send the price toward the $108,800 support in the near term. The main support sits at $107,500, below which BTC might gain bearish momentum. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $112,000, followed by $111,250. Major Resistance Levels – $113,500 and $114,000.
XRP has lagged in past cycles compared to Bitcoin. Analyst Virtual Bacon says the important measure is XRP’s ratio to Bitcoin. In the 2020 cycle, XRP was heavily suppressed and did not reach the highs seen in 2017. A return to its 2020 ratio top of 0.000403 BTC could reset its path this cycle. The …
The exchange introduces Gate Layer, a high-performance rollup built on OP Stack, while expanding GT’s role as a gas token and deflationary asset.
XRP Ledger has just reached a turning point in its history with the launch of its first native stablecoin. This milestone marks the beginning of a broader expansion for the XRP Ledger, positioning it as a serious player in the race to blend global liquidity with everyday usability. Why A Native Stablecoin Matters For XRP The recent launch of the first native stablecoin for XRP on the Flare Network marks a significant development for the XRP ecosystem. Onur, a trader and ambassador to NEARProtocol and Somnia_Network, has mentioned on X that the new stablecoin is designed to provide extra utility for XRP and create new liquidity rails for holders. It is worth noting that this initiative is part of Flare Network’s broader strategy to expand the utility of FAssets adoption. Related Reading: XRP Price Stability Signals Opportunity – Is a Fresh Breakout on the Horizon? Onur also drew attention to the stablecoin design, which is based on a battle-tested collateralized Debt position (CDP) and stability pool model. He also sees this as a first step toward a more self-sustaining DeFi layer on Flare, where liquidity is generated natively rather than depending solely on external assets. Onur concludes by expressing his curiosity about the level of demand from XRP holders for liquidity without selling for this new product. Based on a new report highlighted by a technical analyst, ALLINCRYPTO, Ripple is positioning the XRP Ledger as a top-tier platform for institutional DeFi. In addition, the report reveals significant milestones, including securing over $1 billion in monthly stablecoin volume and ranking among the top real-world asset tokenization activities. Meanwhile, the report also confirms that zero-knowledge proofs (ZKPs) are currently being developed for the XRPL to strike a balance between user privacy, regulatory compliance, and scalability. Major Analysts Are Now Targeting XRP An Italian crypto expert, Fabio Zuccara, has drawn attention to a shift in the market’s perception of XRP, referencing bold price predictions from major market voices on Wall Street. These forecasts, which place XRP’s potential value between $10,000 and $35,000, are not mere random speculation. Related Reading: $480 Million In 2 Weeks? XRP Whale Movements Could Reveal The Next Price Direction Zuccara’s core argument is that the adoption of XRPL for RWAs is poised for an explosion. He points to the $653.39 trillion global real estate market, which is preparing to migrate onto the XRPL through Real token. The token was launched with a phase one supply of just 100 million tokens, with a remarkable 80% already burned. Specifically, this extreme scarcity creates the foundation for a massive supply squeeze. Zuccara illustrates this with a compelling calculation that if a mere 1% of the $650 trillion market flows through the XRPL, the value of the Real token could surge from its current price of $0.023 to $64,500. However, this kind of supply shock could unfold overnight, positioning the REAL Token as the premier RWA and DeFi asset on the XRP Ledger. Featured image from Adobe Stock, chart from Tradingview.com
Kamino's robust security measures enhance trust in DeFi, potentially attracting more users and investments to Solana's ecosystem.
The post Kamino launches security page detailing $4B protections on Solana appeared first on Crypto Briefing.
FalconX has launched the first forwards market tied to Ethereum staking yields, giving institutions a way to hedge the network’s native rate.
Cardano (ADA) slipped 1.38% today, trading at $0.816, below its 20-day moving average ($0.871) and 50-day moving average ($0.86). However, it remains above the 200-day moving average at $0.735, signaling that while sellers dominate in the short and medium term, the longer trend is still supported. ADA's price moving sideways on the daily chart. Source: ADAUSD on Tradingview Daily charts show oversold signals with the Relative Strength Index (RSI) at 36.6, a negative Commodity Channel Index (CCI), and near-zero Stochastic RSI levels. Related Reading: Bitcoin Will Soak Up Trillions From China And Russia, Billionaire Predicts Despite this, downside pressure persists, with ADA likely consolidating between $0.768 and $0.790 in the coming sessions. Momentum indicators remain neutral, suggesting that any rebound could be limited unless buying volume strengthens. Cardano ETF Optimism and Roadmap Fuel Longer-Term Outlook While ADA struggles in the near term, longer-term fundamentals look stronger. Odds for a Cardano-based ETF approval have surged to 9%, a development that could lift market sentiment and drive institutional adoption. The Cardano Foundation’s new roadmap also supports a bullish case, with significant funding allocated to decentralized finance (DeFi), governance, and ecosystem growth. Whale transactions have increased, and major firms like Reliance Global have added ADA to their treasuries, signaling growing institutional confidence. These developments could help ADA break above critical resistance at $0.868, the Ichimoku Kijun level, which analysts view as the threshold for confirming a rebound. Until then, traders may see sideways consolidation or slight downside risk. Short-Term Consolidation, Long-Term Potential According to market expert Anton Kharitonov of Traders Union, ADA remains technically vulnerable. “As long as Cardano trades below major resistance, the upside case lacks credibility,” he noted, adding that reclaiming $0.868 is essential for any sustainable rebound. For now, ADA’s immediate price corridor remains narrow, with a low probability of a breakout in the next five days. However, the long-term picture is brighter, with forecasts suggesting a potential climb toward $1.20–$1.38 within the next 6–12 months, supported by ETF optimism and institutional demand. Related Reading: XRP Supply Shock Incoming As Axelar And Flare Target 8 Billion Tokens In the short term, ADA may stay within a range, but oversold conditions could attract bargain hunters looking for a rebound. For investors, the question isn’t whether Cardano will recover, but how soon its next major catalyst will come. Cover image from ChatGPT, ADAUSD chart from Tradingview
PeerDAS could revolutionize blockchain scalability, enhancing efficiency and decentralization, crucial for future Layer 1 and Layer 2 solutions.
The post Fusaka to scale data availability with PeerDAS, says Vitalik Buterin appeared first on Crypto Briefing.
Australia has released draft legislation to create new crypto products, bringing the crypto companies under the same rules as financial services businesses.
A fresh technical analysis by market expert Egrag Crypto highlights two major scenarios that could shape the next potential XRP price rally. Drawing on historical price patterns and critical support levels, the analyst suggests that XRP could be on track for either a slightly conservative surge toward $9.6 or an explosive rally to $33. XRP Price Retest Signals Path Toward $9.6 In his post released on X social media, Egrag Crypto highlights XRP’s market behavior during the 2021 cycle, particularly the cryptocurrency’s interaction with the 21 Exponential Moving Average (EMA) and how it has played a role in fueling massive gains. At the time, XRP faced one of its most turbulent periods in its history. Related Reading: 8-Year Accumulation Phase Could Catapult XRP Price To $6 The US Securities and Exchange Commission (SEC) lawsuit against Ripple had triggered a sharp drop, pushing the XRP price below the 21 EMA. This move disrupted the bullish structure that had supported XRP in earlier rallies, spreading uncertainty and fear across the market. However, XRP eventually managed to reclaim the 21 EMA and hold it as a critical support level. The chart analysis shows that after the cryptocurrency executed a successful retest, it staged a powerful rebound, driving its price up by approximately 414%. Applying this same percentage gain to XRP’s current market structure, the analyst presents his first bull rally scenario, projecting targets that point to a peak around $ 9.60. His chart analysis reveals that the current market setup resembles the key conditions observed in 2021, particularly with XRP’s recent retest of the 21 EMA on June 9 this year. The Altcoin Faces Potential Moonshot To $33 Egrag Crypto’s second scenario for the XRP price outlook is modeled after its explosive rally during the 2017 cycle, when the 21 EMA acted as a powerful launchpad for growth. At the time, XRP bounced off this key support level twice, paving the way for a remarkable 1,610% rally. Related Reading: Analyst Sounds Major XRP Warning: Last Chance To Get In As Accumulation Balloons This breakout marked one of the most defining moments in XRP’s history, propelling the asset from sub-dollar levels to a fresh ATH around $3.84 at the peak of that bull cycle. If XRP repeats the 2021 cycle dynamics in 2025, Egrag Crypto forecasts that the measured move points to another 1,610% increase, potentially pushing the price to a more ambitious target of $33. Such a rally would represent one of the strongest performances in XRP’s history, firmly establishing it as a standout asset in the market. With the US SEC lawsuit finally concluded and XRP completing its third retest of the 21 EMA this year, the conditions are aligning for a potential surge toward $9.6 or $33. Currently, XRP is trading at $2.87, having declined in the past week by approximately 5%. While the cryptocurrency managed to reclaim the $3 resistance level briefly, it failed to sustain momentum and is now consolidating below this key threshold. Featured image from iStock, chart from Tradingview.com
A Coinbase executive and three other crypto tax and policy specialists will meet with the Senate Finance Committee next Wednesday to discuss digital asset tax matters.
The traditional four-year crypto cycle appears to be broken, as institutional adoption through exchange-traded funds, real-world asset tokenization, and stablecoin infrastructure reshapes market conditions. In a Sept. 24 report, the analyst identified as Ignas noted that the launch of Bitcoin (BTC) and Ethereum (ETH) ETFs in 2024 marked a watershed moment, with crypto ETFs leading […]
The post ETFs, RWAs, stablecoins ended traditional four-year cycle and alt seasons appeared first on CryptoSlate.
Google’s DORA survey found developers were hooked on AI coding tools yet treated their output like junk mail.
Australia’s draft bill extends financial services laws to crypto, aiming to boost safeguards and provide clearer rules.