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#bitcoin

The shift to neutral market sentiment may stabilize Bitcoin prices, potentially attracting cautious investors and reducing volatility.
The post Bitcoin sees a pause in sell dominance as taker flow turns neutral appeared first on Crypto Briefing.

Global inflation has slowed down, but in many countries, crypto is still providing an attractive and viable alternative to the local monetary system.

#bitcoin #mining #technology #ai #market #hashrate #featured #hashprice

Bitcoin’s hashrate is near record levels, yet miner revenue per unit of compute has fallen to record lows, pushing the network into a ‘high-security, low-profitability’ phase. While the network’s hashrate has pinned itself above the one-zettahash watermark, which is a record for aggregate computing power, the revenue underpinning that security has disintegrated to historic lows. […]
The post How long can miners hold out as revenue hits record lows while Bitcoin’s security is at record highs? appeared first on CryptoSlate.

Houdini Swap launched Houdini Pay, a payment service that breaks onchain links between counterparties, offering surface-level privacy.

#markets

CalPERS' loss highlights the volatility and risks associated with cryptocurrency-linked investments, impacting broader pension fund strategies.
The post Largest US pension faces losses as Strategy buy falls from $144M to $80M appeared first on Crypto Briefing.

#news

Tether has taken plenty of hits over the years, but this one could be different. On November 26, S&P Global Ratings dropped an update that could end up being one of the most important stablecoin calls in a decade. And as author and analyst Shanaka Anslem Perera explains, the numbers behind it should make the …

#price analysis #altcoins #crypto news

The KAS price recorded an impressive 66% rise this week, moving from $0.037 to $0.061 as Bitcoin’s sharp rebound lifted market sentiment. With BTC climbing from its weekly low of $80,600 to $91,134 at the time of writing, since the major market is correlated with the king of cryptos, altcoins like Kaspa have benefited strongly. …

A malicious Chrome extension called Crypto Copilot lets users trade Solana directly from X but secretly skims a small portion of the transaction.

#the block

Infinex founder Kain Warwick joined The Big Brain Podcast to discuss tackling crypto's UX problems, fundraising, Crypto Twitter dynamics, and building a "superapp."

#defi #exclusive #web3 #infinex #synthetix #kain warwick #crypto ecosystems #token-sale

Infinex has unveiled its Sonar token sale ahead of a January Token Generation Event, expanding access to INX beyond its $67.7 million Patron NFT sale.

#ripple #xrp #xrp price #ripple news #xrp news #xrpusd #xrpusdt

A crypto analyst has made a bold statement about XRP’s current price behavior, arguing that the cryptocurrency’s slow movements are necessary to build strong support levels. The analyst highlights the importance of consolidation and long-term accumulation, suggesting that XRP’s support levels are laying the groundwork for a market reset and a significant price surge.  The Mind-Blowing Truth About XRP On Wednesday, crypto market expert Diep Sanh took to X, announcing that he had a mind-blowing message to share with the crypto community. The analyst explained that XRP’s current price action is far more important than many investors realize. According to him, extended periods of consolidation, as XRP is currently experiencing, lay the foundation for major rallies. Related Reading: Bitcoin Dead Cat Bounce: Analyst Reveals What To Expect As Price Recovers Sanh emphasized that when XRP spends a significant time near the $2 mark, it gives investors the chance to accumulate at that price. He explained that this accumulation builds a powerful layer of support, which can help stabilize the market during future corrections. He also noted that once XRP climbs to a higher region and stays there long enough to form a higher low, a new wave of investors usually enters. This creates the next support base and sets the stage for a major upward move.   Sanh hinted that XRP could reach dramatic price targets, such as $10 or even $100. However, it would require several of these strong support layers to form over time. Each layer represents greater confidence in the asset and more liquidity to sustain a stronger market. The analyst noted that investors or traders who are frustrated by XRP’s low price and recent downturn are missing the bigger picture. He highlighted that they do not understand how these gradual accumulation phases work or how they can contribute to long-term gains.  XRP Remains One Of The Best Crypto Plays After Price Dip In a subsequent analysis, Sanh reaffirmed his confidence in XRP’s future outlook following the recent market downturn. He noted that XRP remains one of the strongest crypto plays despite its recent price crash. The analyst emphasized that the cryptocurrency continues to stand out due to the utility of the XRP Ledger (XRPL), a blockchain network engineered for fast and efficient global payments.   Related Reading: XRP 100x Rally To $225: Why The Only Place To Go Is Up Sanh noted that this unique design of XRPL gives it an advantage over many large-cap competitors. Moreover, with regulatory uncertainty largely resolved after the US Securities and Exchange Commission (SEC) dispute, the analyst highlights that XRP has already outperformed most top assets.  Currently, XRP is trading at $2.2, experiencing a slight recovery despite recording weeks of choppy price action. Sanh disclosed that investors and traders tend to treat such corrections as strategic accumulation periods rather than signs of weakness. He argued that if XRP continues to expand in areas such as cross-border payments, tokenized asset markets, and stablecoin development, it would benefit its underlying structure. He added that these expanding sectors will also provide long-term support for the cryptocurrency’s growth potential.   Featured image created with Dall.E, chart from Tradingview.com

#bitcoin

CalPERS' investment in Strategy shares highlights a growing trend of institutional interest in crypto, signaling a shift in traditional asset management.
The post California’s $500B pension fund holds $80M in Strategy shares for indirect Bitcoin exposure appeared first on Crypto Briefing.

CTDG Dev Hub’s upgrade pipeline turns raw ideas into tested code, formal proposals and transparent governance across networks.

The reversal was driven by the 21Shares Solana ETF (TSOL), which saw over $34 million in withdrawals in a single day.

Visa has partnered with crypto infrastructure company Aquanow to expand stablecoin settlement across the CEMEA region, cutting cross-border costs and friction.

#news

Cathie Wood, the Founder and CEO of ARK Invest, has shocked the market once again, predicting Bitcoin will hit $1.5 million and saying the biggest BTC rally is still ahead. Even as volatility wipes out $1 trillion and drives billions in outflows, she’s moving in the opposite direction.So, what’s behind her bold prediction? Cathie Wook …

BlackRock Bitcoin ETF investors are back in profit, in a promising sign of a December market recovery from the cohort that drove much of Bitcoin’s rise to all-time highs in 2025.

#markets #bnb #technical analysis #ai market insights

Price action remains stable, consolidating below $900, amid tension between weak fundamentals and upcoming upgrades.

#grayscale #zcash #cryptocurrency market news #zec #zcash news #zcash price #zec news #zec price

Delphi Digital researcher Simon Shockey is arguing that the real story in Zcash is no longer just its price – despite ZEC having one of the most eye-popping rallies of this cycle in recent months. “The most interesting thing about ZEC today is not the price,” he wrote on X. “It’s the fact that a GBTC-style discount dislocation just appeared around ZCSH.” For Shockey, the Zcash trust setup only makes sense when viewed through the lens of what happened with Grayscale’s Bitcoin product. He reminds readers that “funds were built, and later blown up, on two different GBTC trades.” The first was the premium arbitrage, where Grayscale allowed accredited investors to subscribe at NAV with a six-month lock while GBTC traded at a “~30–40%” premium in public markets. Will Zcash Follow The GBTC Playbook? The playbook, he writes, became almost mechanical: “subscribe at NAV, lock for six months, hedge BTC exposure with CME shorts, sell GBTC at a premium, pocket the spread and lever it.” It was so widely adopted that “every TradFi family office, hedge fund tourist, and crypto-native desk was running it. It became the trade. Until, well, it didn’t…” Related Reading: Why is Zcash Surging? Analysts Break Down the ZEC Rally and What Comes Next In February 2021, after years of trading rich to NAV, GBTC flipped to a discount. Anyone mid-lockup was now long an over-priced wrapper, paying to maintain a hedge and watching the discount widen to “-30%, -40%, even -45%.” Shockey calls that dislocation “career/cycle-ending almost overnight,” and notes that it helped detonate players like 3AC, BlockFi, Genesis and DCG. But he stresses that GBTC’s story had a second act: once the discount was entrenched, “a different trade emerged: buy GBTC at a discount, wait for regulatory clarity or ETF approval, redeem at NAV, capture the collapse in the discount.” Value-oriented funds “were early and underwater for a while. But they were ultimately right. The discount evaporated as ETF approval became inevitable.” Shockey’s contention is that a structurally similar phase may now be opening around Grayscale’s Zcash trust. “This morning Grayscale filed to convert ZCSH, their Zcash trust, into an ETP,” he writes. “That filing immediately creates the early outline of a GBTC-style discount trade.” He highlights that ZCSH recently traded around 33.50 dollars per share, even though “yesterday’s trust data, with a lower ZEC price, showed NAV around forty-one dollars per share.” By his math that is “still close to a 20 percent discount. Every ZCSH share is priced materially below the ZEC it represents.” With an implied 0.0817 ZEC per share, “you are effectively getting ZEC exposure at ~$410 per ZEC when spot is well above that.” Related Reading: Why Is Zcash Thriving? Paid Promotion Or Real Momentum? The key structural shift is the proposed move from a closed trust to an exchange-traded product with redemptions. “The current trust structure does not allow redemptions,” Shockey notes. “The proposed ETP would, with one-to-one withdrawals of the actual ZEC held.” If regulators sign off, “the discount should tighten and ZCSH should move toward NAV. This is exactly what happened with GBTC as ETF approval became more realistic.” He is careful to add: “Not guaranteed. Not the same trade. But structurally very similar.” On the money-making angle, Shockey is explicit. “The discount closing is the cleanest angle. Buying ZCSH at a 20 percent discount and selling after convergence is the purest version of the trade.” Beyond that, “there is optionality if ZEC rerates during the approval window. If the privacy-oriented store-of-value narrative strengthens, ZEC can rise while the discount closes. That creates a second leg of upside that GBTC did not offer until very late.” He argues that a ZEC ETP “could unlock new demand,” since “most funds/investors cannot hold ZEC directly due to custody and mandate issues. An ETP solves that. New pools of capital often tighten discounts by themselves.” Narrative and political tailwinds, in his view, are real. “Bitcoin’s lack of privacy is back in focus. The quantum-risk discussion is getting louder.” He points to mainstream airtime, including comments from VanEck’s CEO about Bitcoin’s shortcomings and ZEC as a potential hedge, as a signal that the story has escaped pure crypto-Twitter. His closing summary captures the asymmetric, time-bounded nature of the bet: “If markets keep leaning toward the idea that ZEC is absorbing the role Bitcoin stepped away from, then ZCSH becomes the cleanest vehicle to express that view. You get ZEC exposure in public markets, which could become a major driver of rerating as flows pick up, plus a built-in twenty percent discount that only exists until the ETP is approved. ZODL?” At press time, Zcash traded at $509.84. Featured image created with DALL.E, chart from TradingView.com

#cryptocurrency market news

What to Know: Bitcoin trading in a tight range below resistance often pushes traders toward higher‑beta assets that still track the underlying BTC macro trend. Infrastructure that makes Bitcoin more usable for payments, DeFi, and smart contracts is increasingly seen as a leveraged way to express long‑term BTC conviction. Bitcoin Hyper integrates an SVM‑powered Layer 2 with Bitcoin settlement, targeting low‑latency smart contracts to tackle BTC’s speed and programmability limits. Range-bound markets with upside potential toward levels like $93,000 can create strong narratives for BTC-aligned scaling plays and yield-bearing ecosystems. Bitcoin has spent weeks moving sideways, with bulls still eyeing a breakout toward the $93K zone even as heavy resistance sits just overhead. In this kind of late-cycle chop, tactical traders often look for higher-beta ways to express the same bullish thesis without simply adding more spot BTC. Rather than chasing marginal upside on a trillion-dollar asset, many rotate into narratives that closely track Bitcoin but offer structurally higher torque if the next leg higher begins. Bitcoin Layer 2s and yield-bearing BTC ecosystems are at the center of that shift, especially with fees elevated and block space still constrained. That’s where Bitcoin Hyper ($HYPER) enters the conversation. It’s pitching itself as a Bitcoin-aligned execution layer that feels closer to Solana in speed and throughput while still ultimately settling on Bitcoin. For traders, the appeal is twofold: exposure to BTC’s macro trend plus additional upside from payments, DeFi, and staking activity built on top of it. If Bitcoin does grind toward $93K in the months ahead, infrastructure that makes BTC faster, programmable, and yield-generating could attract outsized flows. Early access via the Bitcoin Hyper presale offers a way to stay positioned for Bitcoin’s broader move while taking on a more aggressive risk-reward profile than holding spot alone. Independent explainers are already unpacking where Bitcoin Hyper sits in the emerging Layer-2 race. Why Range‑Bound Bitcoin Pushes Flows Toward Higher‑Beta BTC Plays When Bitcoin spends weeks consolidating just beneath resistance, every new dollar of capital starts asking the same question: where does the risk pay off best? Historically, these conditions have pushed flows toward higher-beta expressions of the same macro view, leveraged derivatives, volatile altcoins, or infrastructure tokens that sit one layer out from BTC but still move in tandem with it. Layer-2 infrastructure has increasingly been the standout beneficiary. On Ethereum, rollup tokens and staking derivatives often outperform during consolidation because they enhance usability and unlock new yield on the base asset. A similar pattern is now emerging around Bitcoin as traders weigh Lightning, scaling-oriented sidechains, and next-generation programmable environments built on BTC collateral. Multiple architectures are competing to solve Bitcoin’s long-standing trade-offs between security, throughput, and programmability, from payment-channel networks to EVM-compatible sidechains to full smart-contract environments that settle back to Bitcoin. Within that mix, Bitcoin Hyper is positioning itself as a high-beta way to express the same core BTC thesis rather than a detached speculation play. A recent Bitcoin Hyper price-prediction breakdown has already started framing it in exactly that context. How Bitcoin Hyper Turns BTC Into a High‑Speed, Yield‑Bearing Asset Zooming in, Bitcoin Hyper positions itself as the first Bitcoin Layer 2 to integrate the Solana Virtual Machine (SVM), aiming to deliver execution speeds that rival, and in some cases surpass, Solana’s own environment. In practical terms, that means sub-second finality and ultra-low-latency processing for payments, DeFi, NFTs, and gaming, all while anchoring settlement and security back to Bitcoin. Its architecture is fully modular: Bitcoin L1 provides settlement, the real-time SVM Layer 2 handles smart-contract execution and high-throughput workloads, and a decentralized canonical bridge moves BTC in and out. Wrapped BTC becomes the base asset powering swaps, lending, and yield strategies. For developers, SPL-compatible tokens and a Rust-based SDK make it relatively easy to port Solana-style applications into a Bitcoin-aligned environment. That combination of throughput and Bitcoin-native alignment is already drawing interest. The presale has raised over $28.5M so far at a token price of $0.013335, signaling that investors are positioning for an ecosystem build-out rather than a short-lived meme rotation. In our deeper coverage of what is $HYPER, we’ve already noted how the architecture sets it apart from typical Bitcoin-adjacent plays. Our latest Bitcoin Hyper price prediction models point to meaningful upside if transaction volume, staking participation, and developer migration land even modestly in line with expectations. Smart money is accumulating as well: two high-net-worth wallets added $396K in recent weeks, with the largest buy at $53K. After TGE, high-APY staking (40%), a seven-day vesting period for presale stakers, and rewards tied to governance and community engagement are slated to keep capital sticky as the network comes online. For those who believe Bitcoin eventually breaks out while congestion and programmability constraints persist, a scalable Layer 2 like Bitcoin Hyper offers a direct, higher-beta way to express that thesis. Join the $HYPER presale. This article is for informational purposes only and does not constitute financial, investment, or trading advice; always do your own research. Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/bitcoin-hyper-presale-as-bitcoin-eyes-93k-range-break

#news #ripple (xrp)

XRP spot ETFs have officially launched, opening the door for institutional investors to access the cryptocurrency more easily. Early data shows that a significant portion of XRP supply is already being locked up behind these funds, a move that could influence the token’s price over the coming year. Following the ETF debut, XRP experienced a …

#bitcoin #tether #usdt #stablecoin #s&p 500 #stablecoins #tradfi #featured

Tether, the issuer of the USDT stablecoin, has spent the past year accumulating Bitcoin and gold at a pace that puts it on par with several sovereign treasuries. For context, the firm purchased more gold than every central bank combined over the last quarter alone, pushing its total holdings to 116 tons of physical bullion. […]
The post ‘We wear your loathing with pride:’ Why S&P downgraded Tether after it bought more gold than any country appeared first on CryptoSlate.

#bitcoin #price analysis

The crypto market today is roaring ahead of Thanksgiving, adding more than $130 billion in the last 24 hours and reclaiming the $3.2 trillion mark.  Bitcoin price led the move, jumping to around $91,500 early Thursday. This was largely expected, as holiday periods like Thanksgiving often lead to small, low-volume price boosts. As expected, we …

#ethereum

Bhutan's investment in Ethereum highlights its strategic embrace of blockchain, potentially boosting national digital infrastructure and innovation.
The post Bhutan allocates $970K in Ethereum for staking appeared first on Crypto Briefing.

#cryptocurrency market news

What to Know: Bitcoin Hyper utilizes a modular Bitcoin-settlement plus SVM-execution design to integrate high-speed, low-fee smart contracts directly into the Bitcoin ecosystem. $HYPER’s presale and whale activity signal growing conviction in Bitcoin Layer 2 narratives as traders rotate back into risk assets. SUBBD targets the $85B creator economy by merging AI tools, token‑gated content, and crypto payments with 20% first‑year staking. LiquidChain’s Layer-3 architecture aims to unify BTC, ETH, and SOL liquidity, positioning LIQUID as a longer-term cross-chain DeFi infrastructure bet. A top trader calling for a 25% Solana rebound is exactly the kind of spark that can flip the market from defensive to risk-on in a heartbeat. When majors like SOL, BTC, and ETH stop leaking and start grinding higher, traders suddenly remember that upside volatility hits just as hard as the downside. Historically, the script has never changed. Once the large caps stabilize and push up, liquidity rotates into higher-beta plays, the small caps, narrative tokens, and presales, where a 2x is considered the warm-up, not the victory lap. Majors lead the move, but the real fireworks usually happen lower down the risk curve. That’s why presales matter in this setup. You still get the tailwind of improving macro and stronger majors, but you’re positioning before CEX listings, before full marketing cycles, and before retail FOMO starts tripping over itself. Instead of hoping Solana delivers a clean 25%, you’re looking at projects building the next wave of DeFi, Bitcoin scaling, infra, and cross-chain liquidity. Below are three presale-stage projects aligned with exactly that rotation: Bitcoin Hyper ($HYPER) — bringing SVM-style speed and parallel execution to Bitcoin SUBBD ($SUBBD) — where AI creator tools and Web3 payments collide LiquidChain (LIQUID) — a unified liquidity layer spanning Bitcoin, Ethereum, and Solana 1. Bitcoin Hyper ($HYPER) — First Bitcoin Layer-2 With SVM Speed If Solana really does lead the next risk-on bounce, the obvious second-order trade is throughput pressure on the chains it competes with, and none feels that more than Bitcoin. Bitcoin Hyper positions itself as the first Bitcoin Layer-2 to integrate the Solana Virtual Machine, targeting execution speeds that can rival, and potentially surpass, Solana’s own performance. Instead of trying to contort Bitcoin into a full smart-contract environment at L1, Bitcoin Hyper takes the modular route: Bitcoin for settlement, SVM for real-time execution. The result is sub-second finality, ultra-low latency, and high-speed transactions for wrapped BTC — all without compromising the base layer’s security guarantees. On the application side, $HYPER unlocks everything Bitcoin can’t natively support today: Full DeFi rails including swaps, lending, and staking High-throughput NFT marketplaces Gaming dApps and on-chain assets All of this runs on an SVM environment with Rust-based SDKs and APIs. SPL-compatible tokens can be deployed directly to the L2, giving Solana builders a familiar toolchain while tapping into deep Bitcoin liquidity. Presale momentum reinforces the narrative. The Bitcoin Hyper presale has raised over $28.5M, with tokens priced at $0.013335, placing it in late-stage, high-conviction territory rather than the usual micro-cap experiment. Smart money has noticed too: two high-net-worth wallets accumulated $396K in recent weeks, including a single $53K buy, a move that lines up with our own Bitcoin Hyper price prediction, which forecasts a potential 2030 high of around $0.253, roughly a 22x jump from current presale levels. The token design leans into long-term alignment, with staking rewards currently sitting at 40%, a short seven-day vesting period for presale stakers, and a reward structure built to encourage real network participation rather than pure emissions farming. For traders rotating part of their BTC exposure into Bitcoin-secured yield and high-beta infrastructure plays, the $HYPER presale is a clean, asymmetric bet on the next phase of Bitcoin scaling. 2. SUBBD ($SUBBD) — AI + Web3 Rail for the Creator Economy While traders obsess over Solana’s order books, another macro trend has been ripping completely on its own timeline: AI-powered content creation. SUBBD is going straight after the $85 billion creator economy with a Web3 + AI stack built to give creators more control, fewer fees, and a native way to monetize without feeding Web2 intermediaries. At its core, SUBBD is an AI-driven content creation and distribution platform. Creators can launch AI Personal Assistants to handle fan interactions, generate AI voice clones, and even deploy fully AI-generated influencers. All of this ties into token-gated content, subscription layers, and crypto payments, so revenue flows directly to the creator rather than being skimmed by middlemen. The presale numbers show the story is landing. SUBBD has raised $1,366,940.49, with tokens priced at $0.05705, signaling early but meaningful conviction from investors who see AI + ownership as a long-term macro pair. A 20% first-year staking yield adds a clear incentive for holders who want to participate in the ecosystem rather than just rotate in and out. For traders, SUBBD offers something distinct from the typical L1/L2 infrastructure play, exposure to AI-powered creator tooling, where the upside depends on user adoption, rather than gas fees or TPS bragging rights. And in a risk-on environment, narratives at the intersection of AI, social, and crypto tend to move quickly. If you want a deeper dive into potential long-term upside, our SUBBD price prediction breaks down the full forecast. 3. LiquidChain (LIQUID) — A Layer-3 Unifying BTC, ETH, and SOL Liquidity If Bitcoin Hyper is the bet on scaling Bitcoin and SUBBD is the bet on creators, LiquidChain (LIQUID) is the bet on where cross-chain DeFi is heading next. It’s a Layer-3 blockchain built to unify Bitcoin, Ethereum, and Solana into a single execution environment so liquidity, collateral, and dApps can actually move together, not in three different silos. Instead of relying on wrapped assets, LiquidChain is built around unified liquidity pools across BTC, ETH, and SOL. That means capital can be deployed without the usual friction associated with wrapping/unwrapping. A high-performance virtual machine handles real-time cross-chain execution, while trust-minimized proof systems verify UTXOs and state across all three major chains. In practice, that could look like a trader opening a leveraged position using BTC collateral against an ETH-denominated yield strategy, or a protocol routing orders through SOL and ETH liquidity without the user touching a bridge at all. As risk-on rotations send capital bouncing between ecosystems, infra that smooths those jumps tends to gain relevance fast. LiquidChain is still in an early stage, with presale momentum reportedly surpassing $40,000 raised and more than 3.3 million tokens staked during initial participation. The team is targeting a 2026 mainnet launch, framing LIQUID as a longer-dated multichain bet rather than a quick, speculative flip. Recap: As a 25% Solana recovery call nudges sentiment back toward risk-on, presales like Bitcoin Hyper, SUBBD, and LiquidChain offer higher-beta exposure to core narratives, Bitcoin scaling, AI-driven creator tools, and unified cross-chain liquidity. Of the three, Bitcoin Hyper stands out as the cleanest asymmetric bet on Bitcoin’s next DeFi chapter. This article is for informational purposes only and does not constitute financial, investment, or trading advice; always do your own research. Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/best-crypto-presales-to-buy-solana-25-percent-recovery/

#bitcoin

The whale's sale highlights the potential for significant profits in long-term Bitcoin holding, influencing market dynamics and investor strategies.
The post Dormant Bitcoin whale sells after nearly 3 years, realizes $12.5M profit appeared first on Crypto Briefing.

#ethereum #short news

The Ethereum whitepaper, authored by Vitalik Buterin in late 2013, marks its 12th anniversary as a groundbreaking concept that changed blockchain forever. Introducing smart contracts and decentralized applications, it laid the foundation for an ecosystem now worth over $400 billion, supporting DeFi, NFTs, and global innovation. Since launching its mainnet in 2015, Ethereum has driven a …

#crypto news #short news

Terraform Labs co-founder Do Kwon says he should receive no more than five years in prison in the US for his role in the multibillion-dollar TerraUSD collapse. Kwon pleaded guilty in August to conspiracy and wire fraud, avoiding trial after his extradition from Montenegro, where he was earlier arrested for using a fake passport while …

#news

Bitwise, a well-known crypto asset manager, has just updated its filing to launch a spot Avalanche ETF. In a new filing with the U.S. Securities and Exchange Commission (SEC), the company revealed key details like the ETF ticker and fees.  Shortly after the update, AVAX price jumped nearly 7%, trading close to $15, as excitement …

#crypto #ripple #xrp #xrp price #ripple news #xrp news #crypto news #xrpusd #xrpusdt #crypto analyst #analyst

Despite the XRP price struggling to stay afloat in the current market, it has not deterred the bulls from continuing to push for higher prices. This is amid the XRP ETF launches that have taken place over the last week, X triggering a significant amount of inflow into the cryptocurrency. The calls for new all-time high prices to surpass its 2018 $3.84 peak have only grown louder, with timelines getting shorter. This time around, one analyst has predicted a new all-time high, with what they call a “true Elliot Wave view.” Why XRP Price Could Still Gun Above $4 In an analysis shared on X with over 35,000 followers, crypto analyst XForce Global has put forward the idea that the Elliot Wave Theory has not completely played out for the XRP price. So far, the belief has been that the XRP price has completed the last and final wave and could be headed into a bear market. However, the crypto analyst doesn’t believe this is the case. Related Reading: XRP Price Will Climb Above $10 When This Happens: Analyst XForce Global points to the fact that analysts who use the Elliot Wave theory could struggle with the chart they shared. But this chart apparently removes all of the market inefficiencies, allowing the XRP price to be viewed through a clear lens. The analysis suggests that the altcoin could see a bullish continuation, running a flat route upward after hitting support above $1.87. Such a surge would put the XRP price on the path above $4, with the digital asset possibly topping above $5. In the event that the price does crash further than the current local lows, the analyst believes that an expanded flat route beginning above $1.6 would still trigger a similar outcome. Both rallies are expected to push the XRP price above $4 and then top toward $6. Major Factor To Drive Price Explosion One major factor that analysts have put forward to drive an XRP price explosion is the launch of XRP ETFs. With more than 3 XRP ETFs now trading in the US, analyst Chad Steingraber has outlined how their launch could affect the altcoin’s price. Related Reading: Financial Strategist Debunks Prediction That Bitcoin Price Will Reach $220,000 In 45 Days Steingraber explained that, so far, the XRP price had been seeing some uptick during ETF trading hours, and then declining during off-hours. This is building pressure and momentum, and is expected to accumulate over time. The result of this is supposed to be a major price explosion in the next few months, possibly pushing XRP to new peaks. Featured image from Dall.E, chart from TradingView.com