Former Federal governors, Kevin Warsh’s rising odds as the next Federal Reserve Chair are making crypto investors nervous. As the White House prepares to announce its choice, Warsh has emerged as the leading pick. His history of supporting tight monetary policy is why markets see him as bearish for Bitcoin. Fed chair To Be Announced …
A final court order transfers the legal title of seized cryptocurrency and assets to the US government, closing a case tied to Helix’s operations from 2014 to 2017.
Binance acquired Gopax in 2023 amid its liquidity crisis, opening a pathway for a re-entry into the South Korean market.
Ex-Ripple CTO David “JoelKatz” Schwartz pushed back on viral XRP price calls, arguing that today’s market price is already a referendum on how much credible capital actually believes in a near-term path to $100. His comments also spilled into a broader discussion about XRPL economics and scaling tradeoffs that, in his view, get lost in the hype cycle. Can XRP Reach $100? Schwartz was responding to an X user urging him to tell “xrp supporters” that XRP “can’t and won’t go to 50-100$,” warning that “So many people get poor with investing in xrp.” Schwartz declined to make an absolute claim, but framed the debate in probabilistic terms, pointing to his own history of being surprised by crypto’s upside. Related Reading: 21Shares Drops 3 XRP Price Predictions For 2026: What’s The Upside? “I don’t feel comfortable saying something like that,” Schwartz wrote. “While I don’t think it’s likely, I didn’t think it was likely that XRP would ever hit $0.25. I started selling XRP at $0.10 because it seemed insane. I remember when bitcoin hitting $100 seemed like an impossible dream.” Rather than debating narratives, Schwartz offered a market-math thought experiment: if rational investors truly believed there was a meaningful chance of XRP reaching $100 within a few years, the current price would not sit far below double digits for long. “If many rational people believed that there was a 10% chance that XRP hit $100 within a few years, they definitely wouldn’t sell very much today at much less than $10,” he said. “Those with that belief would quickly buy up most of the XRP, because they’d value it more highly than those without that belief, and soon the supply of XRP well below $10 would dry up.” Schwartz then drew his conclusion from the gap between the hypothetical and the tape. “That the current trading price is well below $10 shows that there aren’t very many people who really think it has a 10% chance of hitting $100 within a few years with enough confidence to put their money where their mouth is,” he wrote, adding: “So anyone who says otherwise is not telling the truth.” He emphasized that readers can “do that same math” with different odds, time frames, and target prices. In a final note, Schwartz argued his baseline assumption is that crypto markets are “rational most of the time,” with major bull runs typically catalyzed by “unpredictable external changes,” rather than widely telegraphed certainties. Related Reading: XRP Risk-Adjusted Returns Signal Consolidation Rather Than Trend Formation – Details In a separate reply, Schwartz revisited an older famous X post by himself where he said that XRP “can’t be cheap.” Asked what he meant by this, he answered: “It means that a low price for XRP actually makes it more expensive to use for payments and exchanges.” The implication is mechanical: if XRP’s price is lower, more units are required to represent the same value in flight, potentially impacting how the asset is used across payment and exchange flows. Scaling The XRP Ledger Schwartz also addressed concerns about XRPL throughput after a user questioned whether “1500 per second (theoretical) is sufficient,” asking about ways to increase on-chain transactions per second. Schwartz said higher TPS is possible, but warned that most approaches shift costs onto node operators. “There are ways, but I don’t think you really want to,” he wrote. “Almost any way you do it imposes costs on everyone who runs a node. They have to receive more transactions, process and store more transactions, and relay more transactions to others.” He argued that decentralization pressure shows up when node costs rise without a matching benefit, and suggested a different optimization target: “This is why I think it makes more sense to try to increase the value of each transaction rather than trying to increase the number of transactions you can support.” With XRPL fees “so low,” he added, many transactions are “very low in value,” leaving room to “get more useful transactions on XRPL, even crowding out the worthless ones,” before throughput becomes the binding constraint. At press time, XRP traded at $1.76. Featured image created with DALL.E, chart from TradingView.com
SEC Chair Paul Atkins has indicated that broad crypto innovation exemptions, covering areas like tokenized securities and DeFi, are unlikely to be finalized this month or next. Initially expected in January, the agency is taking a cautious approach and reviewing details carefully. Wall Street firms, including JPMorgan, Citadel, and SIFMA, recently met with the SEC …
With a 5% to 6% increase over the past 24 hours, the Canton price surged to a new ATH at $0.1812, being the top performer. The volume has also increased reasonably by 45%, reaching close to $45 million, which has backed the rally. This move came as most cryptos, including Bitcoin and Ethereum, were experiencing …
With a 5% to 6% increase over the past 24 hours, the Canton price surged to a new ATH at $0.1812, being the top performer. The volume has also increased reasonably by 45%, reaching close to $45 million, which has backed the rally. This move came as most cryptos, including Bitcoin and Ethereum, were experiencing …
The idea of XRP hitting $50 or even $100 has been spreading fast across social media, exciting many long-term holders. But recently, David Schwartz, Ripple’s Chief Technology Officer, stepped in with a calm and honest take that has sparked fresh debate in the crypto community. Schwartz was asked directly to tell XRP supporters that such …
Crypto markets faced a sharp leverage-driven reset as crypto liquidations accelerated across futures markets, wiping out more than $1.1 billion in leveraged positions. The liquidation wave swept through Bitcoin, Ethereum, and the broader altcoin market, exposing how fragile positioning had become after weeks of compressed volatility. Crucially, this move was defined by derivatives liquidations rather …
Binance announced that it will turn its $1 billion SAFU fund into bitcoin over the next 30 days to support the industry through uncertainty.
The surge in Warsh's prediction market odds followed Thursday reports that Trump is preparing to nominate him as the next Fed chair.
Binance, the world’s largest cryptocurrency exchange, has announced major plans to convert its entire $1 billion to the Secure Asset Fund for Users (SAFU) reserve from stablecoins into Bitcoin. This move highlights the exchange’s long-term confidence in Bitcoin and comes at a time when crypto markets remain highly volatile. Binance Converts $1B SAFU Fund to …
Binance will convert the stablecoin holdings in its $1 billion Secure Asset Fund for Users to bitcoin over the next 30 days, with plans for regular audits.
Today, gold and silver prices crashed nearly 10%, wiping out over $3 trillion in value, an amount equal to the entire crypto market cap. The sudden fall quickly spread to crypto, pulling Bitcoin down nearly 7% as leveraged positions were wiped out. What began as a sharp sell-off in metals soon turned into a broader …
The U.S. Department of Justice has seized over 400 million dollars in cryptocurrency, real estate, and other assets tied to the darknet mixing service Helix. The forfeiture was finalized on January 21, officially giving the government legal ownership. Helix, operated by Larry Dean Harmon from 2014 to 2017, handled around 354,468 Bitcoin, worth roughly 300 …
Metals remain a leading theme for the year while bitcoin trades independently, suggestive of its growing role as a standalone risk asset.
Circle has flagged scaling its payments network and institution-focused blockchain as a 2026 priority as companies look to examine how to use stablecoins.
XRP has slipped below the $1.90 level as selling pressure continues to weigh on the market, reinforcing a cautious tone across recent price action. Attempts at short-term stabilization have so far lacked follow-through, and momentum remains fragile as traders respond to weakening structure rather than clear directional signals. The move below $1.90 places XRP back into a zone where downside risk is being reassessed, particularly in the absence of strong demand on rebounds. Related Reading: Ethereum Leverage Remains At Record High: What Happens Next? A recent report from CryptoQuant provides context for this behavior, pointing to a market stuck in what it describes as a state of cautious equilibrium. According to Binance data, XRP is currently trading around $1.89, while the 200-day moving average sits near $2.54. This leaves price roughly 25% below its long-term trend reference, a gap that clearly signals ongoing structural weakness rather than a confirmed recovery. Historically, sustained bullish phases tend to develop only after price reclaims and holds above the 200-day average. XRP’s continued distance from that level suggests the market is still operating within a corrective range, where rallies are more likely to be sold than extended. While short-term recovery attempts are visible, they remain limited in scope and conviction. Risk-Adjusted Metrics Point to Consolidation The report explains that XRP’s current price action is best understood through a risk-adjusted lens rather than raw price movement. From this perspective, the 30-day Sharpe Ratio sits at just 0.034, a level close to zero. This indicates that over the past month, returns have provided minimal compensation for the risk assumed, a hallmark of markets lacking clear directional conviction. These conditions typically signal a consolidation phase, where volatility compresses, and traders become more selective, making price increasingly sensitive to shifts in liquidity rather than momentum. At the same time, the Sharpe Z-Score has turned positive at approximately 0.70, suggesting a relative improvement in return quality compared with XRP’s recent historical average. However, this reading remains well below the threshold generally associated with statistically significant trend formation. In practical terms, this implies that while selling pressure has eased from prior extremes, the market has not yet transitioned into a regime of strong risk-adjusted performance. Short-term dynamics reinforce this cautious view. The 7-day Sharpe Momentum stands near 0.03, reflecting weak but positive momentum. Although this keeps the indicator marginally above zero, the low magnitude points to gradual base-building rather than impulsive buying. Taken together, these metrics describe a market in balance—no longer under aggressive pressure, but still lacking the conviction and return profile typically seen at the start of sustained uptrends. Related Reading: OKX Launches Crypto Payment Card Across the European Economic Area XRP Remains Below Key Moving Averages XRP price action continues to reflect a market stuck in a corrective and defensive phase. On the daily chart, XRP is trading near $1.87–$1.90, failing to hold recent rebound attempts and remaining firmly below all major moving averages. The 50-day moving average (blue) is trending downward and acting as dynamic resistance, while the 100-day (green) and 200-day (red) averages remain well above price, reinforcing the broader bearish structure. With XRP trading roughly 25% below the 200-day MA, the long-term trend has not yet reset into a bullish regime. Related Reading: XRP Derivatives Reset: Open Interest Drops Nearly 60% From July Peak Structurally, the chart shows a clear sequence of lower highs and lower lows since the October breakdown, confirming sustained selling pressure. The sharp vertical drop in early October marked a decisive trend shift, after which the price has consolidated in a descending range rather than forming a reversal base. Recent attempts to reclaim the $2.10–$2.20 failed quickly. Suggesting weak follow-through from buyers. Selling spikes during downside moves remains more pronounced than buying volume during rebounds, pointing to defensive positioning rather than accumulation. As long as XRP holds below the 50-day and fails to reclaim the $2.20–$2.30 zone, price behavior is more consistent with distribution and consolidation, not trend recovery. Featured image from ChatGPT, chart from TradingView.com
Binance has unveiled a new plan to reshape its $1 billion Secure Asset Fund for Users (SAFU) by converting all of its stablecoin reserves into Bitcoin over the next 30 days. This move underscores its long-term confidence in BTC’s value. During this transition, Binance will continuously monitor the fund’s worth and add more Bitcoin if …
A group of Democratic senators is pressing the Justice Department over ethics questions tied to a rollback in crypto enforcement.
BTC fell deeper to nearly $81,000 late Thursday as Warsh's odds surged in betting markets.
Bitcoiners hoping for a big rotation from gold and silver might be chasing the wrong signal, says Benjamin Cowen.
Binance's shift to Bitcoin reserves may enhance user trust but also increases exposure to crypto market volatility, impacting fund stability.
The post Binance to convert $1B SAFU fund into Bitcoin reserves appeared first on Crypto Briefing.
Traders are watching $1.74 as near-term support, with $1.79–$1.82 now the key resistance zone.
Kevin Warsh, seen as a more hawkish Federal Reserve chair pick, previously said Bitcoin could serve as a check on fiscal policy decisions.
Bitcoin plunged to a nine-month low as geopolitical tensions, tariff threats, and tech earnings concerned traders, triggering billions of dollars worth of long liquidations.
Solana failed to settle above $125 and extended losses. SOL price is now consolidating losses below $120 and might struggle to start a recovery wave. SOL price started a fresh decline below $120 and $115 against the US Dollar. The price is now trading below $120 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $116 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $112 or $105. Solana Price Dips Again Solana price failed to remain stable above $125 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $125 and $122 support levels. The price gained bearish momentum below $120. A low was formed at $112, and the price is now consolidating losses. The price recovered a few points and climbed toward the 23.6% Fib retracement level of the downward move from the $128 swing high to the $112 low. Solana is now trading below $120 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $116 level. There is also a key bearish trend line forming with resistance at $116 on the hourly chart of the SOL/USD pair. The next major resistance is near the $120 level or the 50% Fib retracement level of the downward move from the $128 swing high to the $112 low. The main resistance could be $122. A successful close above the $122 resistance zone could set the pace for another steady increase. The next key resistance is $125. Any more gains might send the price toward the $132 level. Another Drop In SOL? If SOL fails to rise above the $116 resistance, it could continue to move down. Initial support on the downside is near the $114 zone. The first major support is near the $112 level. A break below the $112 level might send the price toward the $105 support zone. If there is a close below the $105 support, the price could decline toward the $102 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $112 and $105. Major Resistance Levels – $116 and $120.
The spike shows traders rushing for protection, though implied volatility is not yet at extreme levels versus the past year.
Ethereum (ETH) has retested its crucial $2,800 support level for the second time this week, as the broader crypto market erases all its intraweek gains. Some market observers have weighed in on whether investors should worry about King of Altcoin’s performance. Related Reading: Analysts Say Dogecoin Consolidation Is About To End – Parabolic Run Or Crash Ahead? Ethereum Plunges Amid Broader Market Crash On Thursday, global markets experienced a sharp decline, with stocks, cryptocurrencies, and even precious metals erasing over $3 trillion in market value in just a few hours. Ethereum, the second-largest cryptocurrency by market capitalization, followed the market-wide correction, retracing 6.9% in the daily timeframe. The cryptocurrency has been hovering between $2,800 and $3,300 since the start of the year and attempted to reclaim the upper zone of this range this month. Nonetheless, the recent geopolitical tensions and macroeconomic uncertainty have weakened the appetite for risk assets and halted the crypto market’s early January momentum. According to Binance market data, Ethereum fell below $2,800 on Thursday morning, briefly bouncing before reaching a one-month low of $2,773. Meanwhile, the leading cryptocurrency by market capitalization, Bitcoin (BTC), saw a sharp 6.2% decline, reaching a two-month low of $83,934. Data from CoinGlass shows that crypto liquidations over the past 24 hours surged to nearly $1 billion, with $917.17 million in leveraged positions forcibly closed at the time of writing. During this period, 223,915 traders were liquidated, and the largest single liquidation order happened on Hyperliquid, valued at $31.64 million. Notably, more than half of the liquidations occurred in the past four hours, wiping out over $620 million since the morning. Around $422 million came from Bitcoin positions, while $160 million came from Ethereum positions. ETH Price In ‘Endless Range’ Amid the market correction, some analysts shared their perspective on ETH’s price action. Sjuul from AltCryptoGems highlighted Ethereum’s price range in the daily chart, where the altcoin has hovered over the past two months. According to the analyst, there isn’t a clear trend as Ethereum continues to trade within its “seemingly endless range” between $2,600 and $3,350. He suggested that investors should wait for a proper breakout above the upper boundary or a breakdown from the range lows before celebrating or worrying. Similarly, trader EliZ affirmed that ETH’s macro perspective doesn’t show either real strength or weakness, but “an enormous, forced equilibrium” on the longer timeframes. He pointed out that ETH “continues to move within well-defined boxes, above and below the same levels for months/years, without ever building a directionality that can be described as structural.” Related Reading: Prediction Markets On BNB Chain Explode As Trading Volume Crosses $20B Based on this, the trader asserted that without a successful move and confirmation from its key range, short-term efforts don’t signal a “change of regime. Only liquidity rotation.” “We are not in a bullish phase, nor are we in a bearish phase. We are in a macro stalemate, where the market decides not to decide. Until we see a clean and sustained breakout of the indicated boxes …or a net loss of the same …any strong narrative is just storytelling,” he concluded. As of this writing, Ethereum is trading at $2,798, a 5.3% decline on the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
More than $1.7 billion in leveraged positions were liquidated in 24 hours as bitcoin fell to $81,000, with long bets accounting for nearly all the damage amid macro jitters and Fed chair speculation.