Crypto strategist Pentoshi put the market on notice in a late‑Tuesday post. “With XRP it held up for the past 7 months while most of the market nuked and kept this structure. It arguably has little resistance from here because it never spent time trading here on the verge of price discovery,” he wrote, adding that a cluster of regulatory and corporate tailwinds “is a pretty good setup into decent tailwinds and so far has traded very cleanly.” By Wednesday afternoon XRP was changing hands at $3.08, up roughly 27 percent on the week and hovering just below its highest close since the 2021 cycle high. Daily volumes have topped US $8.5 billion and momentum indicators on major venues show relative‑strength indexes back in “buy” territory, underscoring Pentoshi’s contention that overhead supply is thin. Upcoming XRP Price Catalysts The first fundamental catalyst is Washington’s sudden enthusiasm for federal stablecoin rules. The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act sailed through the Senate in June and secured the votes it needs in the House this week after an eleventh‑hour whip by President Donald Trump. House Majority Leader Steve Scalise told reporters, “We’re back on track … all three bills will be encompassed in the work we do today,” referring also to the CLARITY and Anti‑CBDC acts. Related Reading: XRP Becomes Top 3 Crypto After ProShares ETF Approval, Can It Flip ETH? Ripple, which launched its dollar‑backed RLUSD last December, is already positioning for that environment. On 2 July the company filed for a US national bank charter and a Federal Reserve master account that would let it custody RLUSD reserves directly at the Fed. Two weeks later it confirmed plans to secure an EU electronic‑money‑institution licence under MiCA; a company spokesperson said Ripple aims “to become MiCA‑compliant” because it sees “significant opportunity in the European market.” The second driver is the near‑resolution of Ripple’s grinding courtroom saga. On 26 June, when US District Judge Analisa Torres rebuffed a joint motion by Ripple and the SEC that would have vacated her permanent injunction and sliced the civil penalty from $125 million to $50 million, ruling the parties had “not come close” to establishing the “exceptional circumstances” required to alter a final judgment. The next day CEO Brad Garlinghouse announced on X that Ripple will drop its own cross‑appeal and “close this chapter once and for all,” adding that he expects the SEC to withdraw its appeal as well. For now, however, Torres’s injunction and the full $125 million penalty remain in force, leaving any definitive resolution, however, the end has never been closer. Related Reading: XRP Countdown Begins—Analyst Predicts Explosive Run To $11 With the litigation roadblock largely cleared, exchange‑traded‑fund issuers have accelerated filings. ProShares on 15 July rolled out 2× leveraged futures funds tied to Solana and XRP, noting that spot‑based products remain in the SEC queue. Only a week earlier, the agency issued new disclosure guidance meant to streamline crypto‑ETF approvals. Trump Media & Technology Group has even asked the SEC to sign off on a “blue‑chip” basket ETF that would hold bitcoin, ether, solana and xrp, signalling bipartisan pressure to open the ETF spigot further. Ripple is also arming itself for a buying spree. “Our M&A people are very busy,” chief technology officer David Schwartz told DL News in late June, revealing “multiple potential acquisitions in various different stages.” The firm has already paid $1.25 billion for prime broker Hidden Road this year and is building an on‑ledger lending protocol slated for Q3, moves that could deepen XRP liquidity and justify higher valuations. Each strand—the GENIUS Act, the bank charter and MiCA licences, the SEC’s retreat, the ETF pipeline, and Ripple’s war‑chest for acquisitions—converges on the same conclusion: regulatory opacity is fading just as institutional distribution channels open. Whether that is enough to propel XRP through the previous all-time high at $3.84 from January 2018 remains to be seen, but the technical setup is also looking quite strong, as Pentoshi concludes. At press time, XRP traded at $3.14. Featured image created with DALL.E, chart from TradingView.com
Curve DAO has stunned the crypto market with a meteoric 79.32% price rally, over the past week and climbing 28.39% in the last 24 hours alone. With trading volume soaring by 72.78% to $727.58 million and the price reaching an intraday high of $0.993, CRV has officially broken free from months of consolidation. That being …
BitMine Immersion’s holdings has doubled to 300,657 ETH as investors like Peter Thiel’s Founders Fund bet on Ethereum treasuries.
The TRX price has shown remarkable resilience since April 2025, outperforming several major altcoins amid global market setbacks. Despite the stability, investors still missed the spike seen in December 2024, with Trump’s win being the strongest factor. Now in H2 2025, the factors have increased enormously, like bullish sentiment building around the major acquisition of …
Ondo is a real-world asset startup with backing from World Liberty Financial, the DeFi project led by President Donald Trump's friends and family.
Institutional demand for Ethereum is surging among Wall Street firms amid the refocusing and restructuring of the Ethereum Foundation.
Spot Ethereum ETFs recorded their highest single-day inflows to date on July 16, with investors injecting a combined $726.74 million into nine US-listed funds. Data from SoSo Value highlights renewed institutional interest in Ethereum, with BlackRock’s iShares Ethereum Trust (ETHA) capturing the largest share of capital. The fund took in nearly $500 million in a […]
The post Ethereum ETFs attract record $726 million, pushing ETH price above $3,400 appeared first on CryptoSlate.
Bilal Bin Saqib met El Salvador’s President Nayib Bukele to discuss Bitcoin adoption and signed a Letter of Intent for crypto collaboration.
Cysic, which offers a Layer 1 network for zero-knowledge proof generation and verification, will join Succinct as a multi-node prover.
After rising rapidly over the weekend to hit new all-time highs, the Bitcoin price seems to have hit a brick wall above $120,000, sparking a correction. While this is expected to be a short correction, a notable development involving an 8-year trendline that has marked the top of previous cycles has emerged. If this trendline resistance holds and Bitcoin fails to break it, then it could mean that the top is in, and what usually follows is a drawn-out bear market. 8-Year Trendline Suggests Bitcoin Top Is In Crypto analyst MartyBoots, in an analysis on TradingView, caught a test of a an 8-year trendline which began back in the 2017-2018 cycle, marking the top of multiple bull markets. This trendline continued into the next major bull market and in the 2020-2021 bull market, the trendline once again marked the cycle top, with Bitcoin peaking at $69,000. Related Reading: This Analyst Predicted Bitcoin’s Rally To $120,000 Months Ago, Here’s The Rest Of The Forecast Presently, the Bitcoin price has once again come in contact with this trendline, and the rejection from here does suggest that this trendline could be the real deal. After hitting above $123,000, Bitcoin was promptly pushed back downward from this level as sell-offs and profit-taking became the order of the day. For this trend to be complete, though, there are a number of things that would need to happen first. For example, the analyst explains that investors should watch for the weakly RSI divergence turning bullish. Additionally, a decline in volume and more rejection wicks for Bitcoin would be confirmation that the price has topped. Marty also explained that the price touching this trendline for a third time increases the odds of it actually playing out the same way it has in the past. If this trendline does mark the top once again, then it could signal the start of another bear market. As the analyst explains, a top marked by this trendline has in the past “triggered multi-month correction and Bear Markets.” Still A Chance For Bullish Continuation The test of this trendline does not necessarily mean that the Bitcoin price has to top at this level, because there is still a chance of bullish continuation. As the analyst explains, a decisive break above the trendline would turn this level into support and trigger further upside. Related Reading: Ethereum Forms ‘Pure Cup And Handle’ Pattern After Hitting $3,000, Analysts Set New Targets In addition to this, there is also a lot of buying pressure on the Bitcoin price despite the profit-taking. More importantly is the fact that very large orders await at the $114,000 level. This shows a lot of demand for BTC, something that could drive the price upward as the cost basis for investors remains on the rise. Nevertheless, the analyst advises caution at this level until there is a confirmation either way. “Risk-management alert: consider tightening stops, reducing leverage, or hedging until trendline fate is resolved,” Marty said in closing. Featured image from Dall.E, chart from TradingView.com
XMTP is relaunching inside Coinbase's new Base app, moving from an optional tool to native infrastructure.
The Securities and Exchange Commission (SEC) collaborated with the Bank of Thailand (BOT) to introduce a crypto sandbox, allowing foreign tourists to convert digital assets into baht (Thailand’s national currency). The Thai SEC is seeking public comments on this proposal via the SEC website before implementing it. Thailand SEC Proposes Public Feedback on Crypto Regulatory …
For months, token unlock speculations have been in the air. The community is anxiously waiting for this event and its impact on the coin. Since Pi Network is about to witness a highly volatile period as hundreds of millions of Pi tokens are set to unlock over the coming months. According to Pinetworkmember, around 139 …
U.S. Senator Elizabeth Warren is turning up the heat on crypto, yes, again! In a recent statement, Warren warned that a set of new crypto bills, including the controversial CLARITY Act, could “blow up our entire economy” if passed without stronger protections. Her comments come as the U.S. House of Representatives moves forward with several …
Tether CEO Paolo Ardoino described it as a "mind-blowing milestone" and a statement of USDT's utility for billions of people.
The Ripple vs SEC lawsuit has taken another twist, and it’s raising new questions. Rumors have been flying that Ripple would pay the fine in XRP tokens. But according to former SEC lawyer Marc Fagel, that’s simply not true, and Ripple has already paid the $125 million fine in cash. So, what’s the truth, and …
Coinbase’s Base network rolls out Flashblocks, slashing block times to 200 milliseconds after debuting its new Base App.
Holders of the World Liberty Financial token, WLFI, have voted overwhelmingly to make these tokens tradable, a decision that could significantly impact their market value and the financial interests of the Trump family. WLFI Transition From Voting Rights To Tradable Assets World Liberty Financial, a venture associated with Donald Trump’s family, launched the WLFI tokens last autumn as part of its decentralized finance (DeFi) platform, which also includes a stablecoin called USD1. Initially, these tokens were not designed for trading; instead, they granted holders voting rights on certain business developments, including changes to the platform’s underlying code. Related Reading: Altcoin Season Index Spikes Above 30, But Bitcoin Dominance Remains High, What Next? Early investors were primarily drawn to WLFI due to its association with Trump, banking on the expectation that the tokens would appreciate in value thanks to his backing. The recent vote to allow trading of the tokens marks a crucial shift, enabling market forces to set their prices. This transition is likely to attract a wider array of investors, potentially generating trading fees for exchanges that list WLFI and fueling speculation about the tokens’ future value. Although it remains unclear how this will directly benefit the Trump family, the increased trading activity may enhance the overall value of their holdings, which are substantial. Trump’s Potential Conflicts Of Interest Critics, including several Democratic lawmakers, have raised concerns regarding the ethical implications of the Trump family’s financial involvement in World Liberty Financial. Senator Elizabeth Warren and Representative Maxine Waters have voiced their worries to the US Securities and Exchange Commission (SEC), arguing that the family’s financial stake constitutes a significant conflict of interest that could influence regulatory oversight of the cryptocurrency industry. They pointed out that the WLFI tokens have not been classified as securities by the SEC, which means they are not subject to the same level of regulatory scrutiny as traditional investments like stocks. The White House has maintained that Trump’s assets are managed by a trust overseen by his children, asserting that there are no conflicts of interest. However, the specifics of this trust arrangement remain undisclosed. World Liberty Financial Promises More Details Trump’s company, DT Marks DEFI LLC, was allocated 22.5 billion of the total 100 billion WLFI tokens, with Trump himself holding approximately 15.75 billion tokens as of the end of last year. Reports suggest that the Trump family has generated around $500 million from World Liberty since its inception. Related Reading: BNB Price Stalls: Struggles to Resume Gains While Altcoins Rally In light of the recent vote, the White House declined to comment to Reuters on how the tradability of WLFI might affect the family’s financial interests. A spokesperson for World Liberty Financial indicated that further details about the trading process would be provided soon. The proposal to initiate tradability received overwhelming support, with 99.94% of approximately 20,900 votes in favor. Many token holders expressed their motivations for voting, with some citing expectations of price increases and others aligning their investment with support for Trump. Featured image from DALL-E, chart from TradingView.com
The XRP price in the second half of July is experiencing one of its most explosive advances, rebounding post-ceasefire in the Middle East. As the calendar turned to a new month, it has gained over 62% in just 25 days from last week, June, to when writing XRP at $3.15. Now, with the debut of …
The crypto market is alive with early signs of an altcoin season. Ethereum surged 20% to $3,339, its highest level in five months, acting as a strong catalyst for altcoins across the board. XRP and Solana followed with 5% gains, signaling capital is starting to shift from Bitcoin into top Layer-1s. Other altcoins like Cardano, …
Strategy’s executive chairman Michael Saylor took to social media on Wednesday to share the news after recently disclosing another major Bitcoin buy.
The UK has jailed a former National Crime Agency officer who stole and spent Bitcoin seized from Silk Road 2.0 co-founder Thomas White.
The memecoin mania has returned in full swing, and FLOKI and BONK are leading the charge with explosive rallies. While the broader market strolls cautiously, these two assets have bucked the trend, delivering double-digit gains. The drive for their rallies comes from technical breakouts and strong fundamental catalysts. As trading volumes surge and momentum builds, …
The crypto market today is showing strong bullish momentum, with the Ethereum price emerging as the clear leader. On July 14, Bitcoin price briefly touched $123,000 before cooling off. While BTC posted a modest 0.7% gain in the past 24 hours, Ethereum surged by 7.3%, XRP by 7.7%, BNB by 3.4%, Solana by 5.2%, Dogecoin …
Ethereum price today is back in the spotlight after crossing $3,400 for the first time in five months, and traders are buzzing with predictions. This surge comes after Ethereum formed a key technical pattern, the inverse head and shoulders, a strong bullish signal often seen before major rallies. This breakout has sparked huge optimism, with …
A cryptocurrency analyst has explained how an XRP close above this level could trigger a run to $4.80, based on a technical analysis pattern. XRP Could See A Surge To New Highs If It Manages This Weekly Close In a new post on X, analyst Ali Martinez has cited a technical analysis (TA) pattern to talk about where XRP can go next. The pattern in question is a Parallel Channel. Parallel Channels form whenever an asset’s price observes consolidation between two parallel trendlines. The upper line of the pattern is likely to be a source of resistance, while the lower one that of support. A break out of either of these levels can imply a continuation of trend in that direction. There can be different types of Parallel Channels, depending on how the trendlines are oriented with respect to the axes. When they are slopped upwards, the pattern is known as an Ascending Channel. Similarly, them having a negative slope makes the formation a Descending Channel. Related Reading: Bitcoin Next Key Level Is $136,000 If Momentum Holds, Glassnode Says In the context of the current topic, the third and the most ordinary type is of relevance: a Parallel Channel with trendlines parallel to the time-axis. This pattern corresponds to true sideways consolidation in the cryptocurrency. Below is the chart shared by the analyst that shows the Parallel Channel that the 1-week price of XRP has seemingly been following during the last few months. As is visible in the graph, the weekly XRP price has observed a sharp surge recently and closed in on the upper level of the Parallel Channel. If the asset’s current trajectory maintains, it could end up making a retest of the upper line situated around $3. Earlier in the year, the cryptocurrency encountered resistance at the mark, so it’s possible that something similar could occur this time as well. In the event that it is able to surge past the line, however, a bullish breakout might take place. “A weekly close above $3 could send XRP to a new all-time high of $4.80!” says Martinez. From the current price of the coin, a rally to this target would imply a gain of about 56%. Related Reading: Bitcoin Falls Below $117,000 Amid $3.5 Billion Profit-Taking Frenzy It now remains to be seen whether the digital asset will manage to escape out of the Parallel Channel and if it does, whether a bull run of this magnitude would follow. In some other news, the 1-week price of Ethereum is also heading toward the resistance line of a Parallel Channel, as the analyst has pointed out in another X post. “A key resistance level ahead for Ethereum $ETH is $3,980,” notes Martinez. “Breaking above it could ignite a major bull rally!” XRP Price XRP has seen a fresh 7% surge in the last 24 hours that has taken its price to $3.08. Featured image from Dall-E, charts from TradingView.com
The platform aims to close the cash yield gap between Europe and the U.S., projecting to reach $1 billion in AUM by the end of the year.
Coinbase is fighting back against a lawsuit from the state of Oregon, arguing that the case should be handled in federal court and not at the state level. The crypto exchange says the case deals with national issues that could affect how digital assets are regulated across the U.S. Paul Grewal, Coinbase’s Chief Legal Officer, …
In a latest post on X, Ripple revealed that it is introducing a new metadata standard for XRP ledger’s (XRPL) multipurpose tokens to make it easier to discover, rank, and integrate. Ripple aims to expand its institutional decentralized finance (DeFi) on the XRPL by 2025. Ripple Introduces New Metadata Standard for XRP Ledger The new …
Solana-based DEX Raydium has cumulatively spent $190 million to repurchase 69 million RAY, the project noted.