Crypto exchange Bitrue made a bold claim Tuesday: XRP is trading at a fraction of where it belongs. With the coin sitting around $1.42, Bitrue put the fair value at $10 — more than seven times its current price and a market cap that would top $610 billion. Related Reading: Bernstein Sets $150,000 Bitcoin Target As ETF Inflows Surpass $1.6B In March Derivatives Data Tells A Different Story Than The Price Chart The numbers in the futures market are raising eyebrows. XRP’s open interest climbed to $2.60 billion, a 7% jump in a single day, according to data from CoinGlass. That kind of move during a price dip signals something specific: traders are opening new positions, and those positions are leaning long. Although the price of $XRP is falling, there is no increase in short positions. On the contrary, long positions are increasing slightly. There is no downside pressure in the $XRP futures market. In addition, an increase in OI indicates a desire to buy long positions at low… pic.twitter.com/F8wnhWKUsO — CW (@CW8900) March 24, 2026 Analysts flagged the pattern. Short positions have not been piling up the way they typically do when a market turns bearish. Instead, traders appear to be buying into the weakness, a sign that many expect a price recovery rather than a continued slide. XRP dropped nearly 4% over the past week. But the futures market is not behaving like one bracing for more pain. #XRP should be $10 https://t.co/YxP3OSiom0 — Bitrue (@BitrueOfficial) March 25, 2026 What The Charts Say About Possible Downside Not every analyst is calling a bottom. A separate technical analysis flagged XRP as potentially still inside a corrective pattern — what Elliott Wave traders call a Wave 2/5 retracement. Under that reading, the price could briefly push toward $1.51 before pulling back more sharply. Key downside levels being watched include $1.12, where a double-bottom formation could take shape, and $0.87, which many traders regard as a strong long-term accumulation zone. Reports indicate some see the current price action as a late-stage shakeout — a test of conviction before a larger move upward. That tension is sitting at the center of XRP’s current moment. The short-term and long-term pictures are not telling the same story. XRP: Long-Term Targets Remain In Play Despite Recent Weakness Longer-term forecasts for XRP have not shifted. Price targets of $5 and higher — including the $10 figure Bitrue cited — continue to circulate among analysts and community members. Those targets are tied to broader narratives: growing institutional interest, Ripple’s resolved legal standoff with the SEC, and expanding adoption of blockchain-based payment infrastructure. Related Reading: Iran Rejects Peace Talk Claims, Leaving Bitcoin Stuck At $70K Missouri recently moved to designate XRP as an official reserve asset — a step that adds a layer of institutional credibility the coin did not carry a few years ago. Reports note that skeptics remain. XRP has a history of slow upward movement punctuated by sharp pullbacks, and even believers in a $10 target acknowledge that significant volatility could accompany any rise toward that level. For now, XRP sits in a narrow range, down on the week but holding its footing. The derivatives market suggests traders are not walking away. They are waiting. Featured image from Gemini, chart from TradingView
This comes as X is developing X Money, a payments system that is set to integrate cryptocurrencies into the platform.
Strategy accounted for nearly all recent BTC digital-asset treasury purchases, with other firms’ share dropping from 95% to about 2%, CryptoQuant data show.
Gary Gensler spent years making sure this didn’t happen. Paul Atkins just said it’s weeks away. Speaking to Crypto America, SEC Chair Atkins confirmed that the long-awaited tokenization innovation exemption is nearly ready. A regulatory sandbox that would let firms experiment with on-chain securities without full SEC registration. His timeline: “soon, soon, soon. I think …
Geopolitical tensions and market skepticism are reshaping investor strategies amid rising inflation and volatile conditions.
The post Ozan Tarman: Geopolitical uncertainty drives market volatility, skepticism towards US headlines fuels investor caution, and potential equity market squeeze looms | Odd Lots appeared first on Crypto Briefing.
The Bitcoin price topped slightly above $126,000 back in October 2026 and is now down by over 40% since then. This move that has sent the cryptocurrency’s price below the $70,000 level multiple times since then, marking a possible entrance into the bear market. What is interesting about this move, though, is the fact that none of the 30 indicators that have previously been used to possibly predict the Bitcoin market peak has been hit. Bitcoin Bull Market Peak Indicators Remain Untriggered On the Coinglass website, there is an aggregation of 30 Bitcoin Bull Market Peak Indicators that track how far along the cryptocurrency is in the cycle. The process of these indicators are then used to map the probability of whether the Bitcoin price has hit its peak yet or not. Related Reading: XRP Price Will Not Move The Way People Think, Here’s A Better Pattern According to the website, not despite the Bitcoin price falling, not even one of these indicators have actually been hit so far. Some of the Indicators are farther along than others, where the likes the Bitcoin Long Term Holder Supply is over 91% along to hit its peak. However, the indicator has still not been triggered. Long-term holders have trimmed their supply, but there is still enough BTC held by them to show that they expect higher prices. Another interesting one is that the Bitcoin Dominance is yet to hit a peak. The indicator shows it is 89.8% alone, but with the dominance above 65%, it still puts Bitcoin well in charge of the market. This bleeds into the Altcoin Season Index, as the market is yet to have a proper altcoin season, which often happens toward the end of a bull market. All of the 30 indicators have progressed by varying degrees, but with none of them being hit yet, the Buy-Sell indicator continue to points to this being a time to hold instead of sell. Why Is The BTC Price Crashing? So far, Bitcoin seems to have deviated from the traditional indicators and has begun responding to macroeconomic factors more and more. This is no surprise given the entrance of companies into the digital asset through not only direct buying, but massive exposure for institutional players through Spot Exchange-Traded Products. Related Reading: Ethereum Whales Are Making Money Again, But Will They Hold Or Sell? The most recent development that has adversely affected the Bitcoin price has been the budding US-Iran war, as the scuffle over oil continues. Bitcoin has managed to bounce back from the previous crashes. But with sentiment still firmly in the Extreme Fear territory, it might take a while before the market sees another major rally compared to 2024-2025. Featured image from Dall.E, chart from TradingView.com
Chainlink price is stuck within a tight consolidation, failing to secure the threshold at $10. The price has dropped by 2.5% in the past 24 hours, trading around $9.09, while the trading volume has also dropped significantly. In the meantime, it has also been displaying signs of quiet accumulation. Recent on-chain data suggests that Chainlink’s …
The UK government will ban cryptocurrency donations to political parties until a clear regulatory framework is in place, following recommendations from the Rycroft Review. It will also cap donations from overseas electors at £100,000 per year, including loans and similar transactions. These measures will be added as amendments to the Representation of the People Bill …
U.S. Representatives Adrian Smith and Nikki Budzinski have introduced the PREDICT Act, a bipartisan bill to prohibit the president, vice president, members of Congress, political appointees, and their spouses and dependents from participating in prediction markets tied to political events, policy decisions, or government actions. The legislation would impose a 10% fine on the value …
A U.S. court in Texas has dismissed a lawsuit filed by crypto developer Michael Lewellen, who was seeking legal clarity for his blockchain-based software. The case was thrown out by Reed O’Connor, who ruled that Lewellen failed to show a credible and imminent threat of prosecution. Lewellen had asked the court to confirm that his …
Coin Center noted that this reflects significant legal uncertainty that persists for developers of non-custodial blockchain software.
Investigators have frozen about $1.2 million as efforts continue to trace funds lost in a wallet breach linked to a seed phrase compromise.
A sudden $23 million on-chain transfer has put the Official TRUMP memecoin ($TRUMP) back under the spotlight, but this time, for the wrong reasons. The move, traced to wallets linked with internal allocations, comes at a moment when price is already struggling below critical resistance. Historically, such transfers have often preceded exchange inflows and sharp …
AI's unchecked growth threatens societal stability as companies prioritize profits over ethical considerations.
The post Karen Hao: Profit motives drive AI development, current technologies harm society, and labor exploitation is rampant in the industry | The Diary of a CEO appeared first on Crypto Briefing.
The U.S. crypto industry is at a turning point. The CLARITY Act is moving closer to a Senate vote, and the next six weeks could decide whether crypto finally gets a proper legal framework or gets pushed to the back of the queue until 2027. Congress recently held a four-hour hearing on tokenization, bringing together …
A U.S. federal court has allowed a class-action lawsuit against Nvidia and CEO Jensen Huang to move forward over claims the company hid crypto mining-related GPU sales. Investors say more than $1 billion in revenue tied to crypto miners was not clearly disclosed. Court Allows Nvidia Crypto Revenue Lawsuit to Proceed According to the court …
On-chain data shows the Bitcoin Whale Transaction Count has witnessed a drawdown recently, a sign that big-money investors have reduced their activity. Bitcoin Whale Transaction Count Has Dropped To Lows In a new post on X, analytics firm Santiment has talked about the latest trend in the Bitcoin Whale Transaction Count. This indicator measures the daily total number of transfers occurring on the BTC network that involve a sum of more than $100,000. Related Reading: Dogecoin Supply Barrier: This Level Holds Cost Basis Of 28 Billion DOGE Transactions with such a large value are usually considered to be coming from the whale entities, so this metric’s value basically reflects the activity that the large hands are participating in. When the value of the Whale Transaction Count goes up, it means the number of moves being made by the whales is rising. Such a trend suggests big-money interest in the cryptocurrency may be climbing. On the other hand, the indicator witnessing a decline could imply the large entities are shifting their attention away from the asset, as they are making a fewer number of transfers. Now, here is the chart shared by Santiment that shows the trend in the Bitcoin Whale Transaction Count and its 7-day moving average (MA) over the last few years: As displayed in the above graph, the Bitcoin Whale Transaction Count saw a notable spike during BTC’s price crash to start February, indicating whales became active. This isn’t anything unusual, as investors tend to make moves while the market is behaving in a volatile manner. As BTC has fallen into a phase of consolidation since this crash, however, the Whale Transaction Count has seen a rapid drop. The recent attempt at recovery also couldn’t ignite activity from the whales. Santiment noted: Bitcoin’s whale activity has become historically quiet as key stakeholders await clarity (literally) from the CLARITY Act, as well as long-term finality to the war. The Whale Transaction Count is currently sitting at 6,417, which is the lowest level for $100,000+ transfers since September 2023. In the same chart, the analytics firm has also attached the data for the transactions valued at more than $1 million. From this curve, it would appear that the massive transfers are down to 1,485, their lowest since October 2024. Related Reading: Ethereum Rebounds 6%, But Coinbase Demand Remains Weak Now, what could this trend mean for the market? Well, the answer to that question may not concretely lean in either the bullish or bearish direction. As Santiment explained: What it does signal is that smart money is in the same boat as smaller retail holders at the moment, and have been reluctant to make moves with so much policy and global uncertainty at play. BTC Price Bitcoin dropped back under $68,000 earlier, but the cryptocurrency has since seen a rebound as its price is now back at $70,800. Featured image from Dall-E, chart from TradingView.com
Tom Lee’s Bitmine has stepped up its Ethereum accumulation, buying another 50,000 ETH ($108.3 M) from FalconX as part of a broader buying trend. Over the past two days, three newly created wallets likely tied to Bitmine have picked up a total of 117,111 ETH worth about $253.3 M, according to on-chain analytics. This aggressive …
Key indicators such as ETF inflows cloud the bullish $70,000 holdout story
Authorities said customers sent crypto to wallets controlled by the defendants, with funds later moved to overseas financial institutions.
The government plans to implement the ban by amending the Representation of the People Bill, with changes taking "retrospective effect" from March 25.
The UK government has announced a ban on cryptocurrency donations to political parties while also introducing a £100,000 annual cap on overseas political contributions. The move aims to prevent foreign influence and improve transparency in election funding, as authorities tighten rules around political financing. UK Bans Crypto Donations to Political Parties According to the announcement, …
Coinbase is reportedly still pushing back against stablecoin yield provisions in the Senate’s crypto market structure bill, which has derailed past efforts to advance the legislation.
Securities and Exchange Commission (SEC) Chair Paul Atkins has said the agency could roll out a tokenization innovation exemption for crypto companies in just a few weeks. The move is part of a broader effort to ease regulatory hurdles and support experimentation with blockchain‑based tokenized assets. Industry participants expect the exemption to help expand markets …
The rise of AI-driven transactions could revolutionize digital economies, emphasizing automation and efficiency in financial systems.
The post Solana Foundation exec predicts AI agents set to drive 99% of onchain transactions in 2 years appeared first on Crypto Briefing.
Congress is moving to tighten oversight of prediction markets amid rising concerns over insider trading and misuse of sensitive information.
The bill adds to a wave of recent legislative and state-level actions targeting prediction markets as scrutiny over sports betting, war contracts and alleged insider trading builds.
The XRP Ledger has recently seen an increase in transaction fees as network activity climbed close to 200 transactions per ledger, a level rarely reached in its history. This surge in usage pushed the network closer to its limits, resulting in higher fees and increased load, which drew criticism from users. Addressing the concerns, Ripple …
Crypto entrepreneur Nic Carter claims that Bitcoin developers still have their "head in the sand" when it comes to making Bitcoin quantum-resistant, compared to Ethereum.
Pi Network has officially announced completion dates for its node protocol upgrades, marking a crucial phase in the project’s path toward greater stability, performance, and future functionality. According to a recent post by crypto user Woody Lightyear, the team revealed a clear schedule for key protocol versions, culminating in the long‑anticipated v23.0 upgrade. Upgrade Timeline …