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.
Bitcoin’s price action is caught in uncertainty as messy subwave structures clash with a critical resistance at $113,000. While the market shows attempts at recovery, the unclear wave patterns leave traders divided on whether the next move will be a breakout or a deeper correction. Messy Subwaves Keep Bitcoin’s Next Move Clouded TARA, a crypto analyst, recently shared fresh insights on X regarding Bitcoin’s ongoing price action. According to the analyst, Bitcoin is currently in the middle of forming another wave down, but the subwave structure is still messy and unclear. This uncertainty makes it harder to predict the exact short-term direction, though the broader trend signals that further movement is likely. Related Reading: Bitcoin Advanced Sentiment Signals Bullish Edge As Traders Eye Fed Pivot She noted that BTC has already tested the resistance zone around $113,500, but the market still seems drawn toward lower targets. The rejection from that resistance highlights the weakness in immediate bullish momentum, leaving room for bears to reassert control. TARA also emphasized that the $111,000 level remains a critical area to watch. This zone aligns closely with important Fibonacci retracement levels, particularly the .618 support fibs. As long as Bitcoin holds above this threshold, there’s still a chance for the bulls to regain momentum and avoid deeper downside pressure. However, if $111,000 is broken decisively, the analyst warned that Bitcoin would most likely extend its decline toward the next major Fibonacci level near $99,000. Such a move would shake out weak hands before the market establishes a more stable foundation for recovery. BTC Finds Support As Liquidity Grab Sparks Bounce Crypto VIP Signal, in a fresh update, noted that Bitcoin recently grabbed liquidity at a key support zone before bouncing higher. This liquidity sweep allowed the market to reset after testing lower levels, showing that buyers were quick to step in and defend the area. Such reactions often serve as early signs of strength, suggesting that Bitcoin still holds bullish potential as long as the support remains intact. Related Reading: Bitcoin Price Drops To $115K After Rate-Cut Rally — But BTC Far From Capitulation Attention now turns to the $113,000–$113,300 resistance zone, which stands as the next major hurdle for price action. This level has acted as a tough ceiling in previous attempts, making it a critical zone to watch. According to the analyst, a decisive close above $113,300 could pave the way for BTC to target the $115,000 level in the short term. Such a breakout would not only reinforce bullish momentum but also strengthen the case for a continuation of the broader upward trend. In the meantime, speculations are whether Bitcoin can hold onto its rebound or if resistance will once again prove too strong to overcome. Featured image from Pixabay, chart from Tradingview.com
The Cardano Foundation has proposed allocating 50 million ADA (worth about $40.5 million) to a new liquidity fund to expand stablecoin adoption and DeFi activity on the network. The Foundation argued that deeper liquidity remains one of the blockchain network ecosystem’s most urgent needs. It added that an expanded stablecoin supply could bolster Cardano adoption […]
The post Cardano’s roadmap reveals $50 million liquidity push for stablecoins, DeFi and RWA appeared first on CryptoSlate.
According to Former BitMEX CEO and Maelstrom Fund manager Arthur Hayes, Bitcoin could hit $3.4 million By 2028. That figure sits on a chain of big assumptions about credit growth, debt buying and policy shifts. Hayes pins his math to an estimated $15.3 trillion in combined Federal Reserve and commercial bank credit growth through 2028, with the Fed buying 50% of new Treasury debt and bank credit rising by $7.57 trillion. Related Reading: These Analysts Predicted The Bitcoin Price Crash And Their Forecasts Say It’s Not Over How The Fed Could Shift Hayes argues that control of the Fed matters more than usual. He says US President Donald Trump’s team, led by Treasury Secretary Scott Bessent, plans to reshape Federal Reserve policy through board picks and regulatory pressure. The plan would need four seats on the Board of Governors to swing votes on short-term rates by using Interest on Reserve Balances rules. Hayes points to Governors Bowman and Waller and the newly confirmed Stephen Miran as potential allies, which he says brings the Trump camp to three supporters. He also predicts pressure on Governor Lisa Cook, including a DOJ review of mortgage fraud claims that, Hayes says, could push her out by early 2026. Reports say the administration aims to replace some regional Fed presidents around the February 2026 elections. As promised “Four, Seven” discusses the Trump takeover of the Fed and is the corresponding essay to my KBW speech this morning.https://t.co/NV2XQei69d pic.twitter.com/9NKC8uq7An — Arthur Hayes (@CryptoHayes) September 23, 2025 Stablecoin Flows And Eurodollar Fallout According To Hayes, the broader funding shift would come from Eurodollars and foreign deposits. He estimates $10-13 trillion could be steered away from offshore dollar deposits by threats to withdraw US support during crises. That money, plus other overseas holdings, forms what Hayes calls a $34 trillion pool of non-dollar deposits that stablecoin firms could target. He expects compliant stablecoin issuers such as Tether—who park reserves in US bank deposits and Treasury bills—to absorb much of that flow. Hayes goes further, suggesting social media wallets could pull in $21 trillion in Global South retail deposits and that apps like WhatsApp might become a route for people to hold dollar-pegged stablecoins instead of local bank accounts. Related Reading: Central Banks May Stockpile Bitcoin In 5 Years, Deutsche Bank Predicts Stablecoins And Treasury Demand Hayes outlines a mechanics of demand. If depositors shift into stablecoins that hold Treasuries and bank deposits, demand for short-term US paper could become less price-sensitive. He says adding roughly $16.74 trillion in European bank deposits helps build a total addressable market of about $34 trillion for stablecoin conversion. In that scenario, the Treasury could offer yields below Fed Funds and still find buyers—weakening central banks’ hands abroad and giving Washington new influence over short-term rates. Featured image from Unsplash, chart from TradingView
South Park’s Sept. 24 episode tackles prediction markets, and the crypto community is speculating if it will mention platforms such as Polymarket, Kalshi, or Myriad Markets. The episode description said Kyle and Cartman will feud over a betting app that gains popularity among their classmates, sparking immediate reactions from major platforms in the space. John […]
The post South Park’s recent prediction markets feature causes speculation over Polymarket appearance appeared first on CryptoSlate.
The number of individuals with $1M+ in crypto wealth has jumped to 241,700 over a year, a new report shows.
Bitcoin’s $22.6 billion monthly options expiry is led by the bulls but macroeconomic headwinds could give the bears a last minute advantage.
Dogecoin (DOGE) price has possibly reached its correction bottom. The leading memecoin, with a market cap of about $36.8 billion, gained 2% during the last 24 hours to reach its daily peak of about $0.2497 before retracting to trade around $0.2429 at press time. Why Is the DOGE Price Up Today? Technical Tailwinds Dogecoin price …
No scheduled consideration of a market structure bill appeared on Senate calendars as of Wednesday, and pushback from Democrats could challenge what is expected to be a tight vote.
The Senate Finance Committee said Sept. 24 that it will hold a hearing next week on how digital assets should be taxed as industry leaders continue to push for clear federal rules. Committee Chairman Mike Crapo announced that the session, titled “Examining the Taxation of Digital Assets,” will be held on Oct. 1. According to […]
The post Senate Finance Committee to scrutinize digital asset taxation in Oct. 1 hearing appeared first on CryptoSlate.
Shiba Inu has spent the past several days trading in a downward path after a failed breakout attempt above $0.000015 earlier this month. Despite the cautious sentiment among investors, Shiba Inu’s chart structure on the 2-day candlestick timeframe is pointing to an interesting structure. Related Reading: Shiba Inu Completes Bullish Setup: Why A 138% Climb Could Be In The Works A technical analysis by crypto analyst Jonathan Carter highlights a descending triangle formation that could set the stage for a strong bullish move. The setup suggests that if support holds, SHIB could be preparing for a sharp rally in the coming weeks. Shiba Inu’s Descending Triangle Formation Technical analysis of the Shiba Inu price chart on the 2-day candlestick timeframe shows the meme coin locked inside a descending triangle pattern with lower highs pressed against a descending resistance line and repeated retests of a support zone around $0.00001080 support. This level has acted as the most important Shiba Inu price floor since the beginning of the year, although buyers have been stepping in more around $0.000012 since August to defend it. The descending triangle formation is starting to tighten, creating a pressure that often precedes an explosive breakout. This has led to a tilt toward the bullish scenario of Shiba Inu breaking above the upper trendline of the triangle. However, this depends on whether it can bounce at the support convincingly. If the support continues to hold, this pattern could be the springboard for a push to a bullish run. SHIB Price Could Explode 100% As it stands, the Shiba Inu price is currently on a steady upward push, having rebounded at $0.000012 in the past 24 hours. It is now trading just below the 50-day moving average that it must overcome for bullish confirmation. Related Reading: Shiba Inu Bulls Are Back: Here’s The 512 Billion SHIB Accumulation That Triggered A Spark Jonathan Carter’s analysis outlined several upside targets that could be unlocked once SHIB confirms a breakout from the pattern. The chart above shows a path that would take the meme coin directly into higher prices if it breaks above the upper trendline of the descending triangle. The first resistance is at $0.00001420, followed by $0.00001600, then $0.00001850, and finally $0.00002050. A successful rally through these levels would mark an increase of almost 100% from current prices. This bullish momentum might even be enough to position Shiba Inu for a return to the resistance zone around $0.00002460, an area last contested at the beginning of 2025. For this scenario to play out, SHIB must continue to defend its established support zone between $0.00001200 and $0.00001224. A breakdown below this base would invalidate the bullish outlook, leaving the meme coin vulnerable to another fall to the deeper support levels around $0.00001080. At the time of writing, Shiba Inu is trading at $0.00001219. As long as buyers are able to maintain this support zone, the descending triangle pattern offers Shiba Inu a credible opportunity for a breakout rally. Featured image from Adobe Stock, chart from Tradingview.com
Institutional demand for Ethereum contrasts with weak retail flows, while ETH must reclaim $4,580 to trigger a potential breakout, according to an analyst.
Crypto Finance integrates Chainlink Proof of Reserve to verify Bitcoin and Ethereum ETP custody on-chain, boosting transparency.
The post Chainlink Proof of Reserve adopted by Crypto Finance for asset verification appeared first on Crypto Briefing.
Democratic Senators called for investigations into potential ethics violations by Trump administration officials related to World Liberty Financial and its $2 billion in funding from the UAE. In a Sept. 23 letter, Senators Elizabeth Warren and Elissa Slotkin requested that the inspectors general of the Commerce and State Departments examine whether officials violated ethics rules […]
The post Democratic Senators demand probe of Trump officials over WLFI UAE deal appeared first on CryptoSlate.
Stablecoins feature 24/7, near-instant cross-border settlement, but retail consumers are waiting for guarantees against fraud and disputes.
The Senate Finance Committee digital assets taxation hearing is set for October 1, addressing regulatory clarity and crypto oversight.
The post Senate Panel to hold hearing on digital assets taxation on October 1: BBG appeared first on Crypto Briefing.
The crypto market has long moved in the shadow of Bitcoin, because for years, its rallies and sharp drops have pulled nearly every other digital asset such as XRP with it. However, according to Versan Aljarrah, co-founder of Black Swan Capitalist, the XRP token could break away from this cycle. According to him, XRP is on a different mission, one that goes beyond speculation and closer to real-world use. That role is why he says it will not mirror Bitcoin’s path, and why a decoupling is now on the horizon. Versan Aljarrah Reveals XRP’s Institutional Role Sets It Apart From Bitcoin Aljarrah stresses that XRP does not follow Bitcoin’s “digital gold” story. While Bitcoin serves as a store of value, XRP serves a very different purpose. In the X post, the expert refers to the cryptocurrency as a bridge asset for banks and financial institutions. Related Reading: CEO Dismisses September Crash, Reveals Why The Bitcoin Price Is Headed For $150,000 In today’s financial world, cross-border payments can often be slow, expensive, and risky because of foreign-exchange issues. XRP addresses these problems by cutting out multiple intermediaries. According to Aljarrah, this practical utility places XRP closer to the daily operations of global finance, rather than the speculative trading behavior that defines Bitcoin. Rather than acting like a typical cryptocurrency, XRP is evolving into core financial infrastructure. That transformation, according to Aljarrah, could move XRP far beyond a purely speculative asset and position it as part of the underlying system that connects currencies and payment networks worldwide. Why Regulatory Clarity And Adoption Drive XRP Toward Decoupling For years, one of the biggest obstacles facing XRP was legal uncertainty. Ripple Labs, the company associated with XRP, was embroiled in a lawsuit with the SEC. But that cloud has now lifted. Court rulings have made it clear that XRP sales on public exchanges are not securities transactions, and with the appeals dropped, the case is now closed. With the court issue resolved, attention is shifting to growth, as developers are now adding new tools for institutions to the XRP ecosystem, including automated market making, stablecoin support, and updated token standards. Related Reading: Grayscale Files For New Dogecoin ETF Amid Approval Expectations, Is The Next Price Surge Coming? Banks, fintech companies, and payment providers are starting to test and integrate with XRP. At the same time, the XRP Ledger is growing stronger. Ripple has also launched RLUSD, a stablecoin, and is working on obtaining banking licenses worldwide. All these steps point toward a token that evolves into financial infrastructure rather than remaining a speculative play. Aljarrah notes that these changes mean XRP will no longer move like Bitcoin. Its price will not only depend on market speculation but also on its usage, the strength of regulations, and the growing demand for instant settlement. For these reasons, he believes decoupling is certain. Over time, XRP will carve its own path as adoption spreads and its role in finance becomes more central. Featured image from DALL.E, chart from TradingView.com
Bitcoin bulls are trying to seize control but are expected to face strong selling at $117,500. Will altcoins capitalize on BTC's potential range-bound price action?
The roundtable between the two US financial regulators announced earlier this month will come after several policy changes affecting digital assets.
Sens. Elizabeth Warren and Elissa Slotkin voiced concerns that ethics rules were broken in connection with World Liberty Financial.
Top 100 public Bitcoin treasury companies hold over 100 BTC, setting an $11 million floor as institutional adoption accelerates.
The post Top 100 public Bitcoin treasury companies each hold over 100 BTC as $11 million sets new floor appeared first on Crypto Briefing.
The USDH stablecoin is live, giving the derivatives exchange its first dollar-pegged asset after Native Markets secured issuance rights in a validator vote.
Spike in FTT activity coincides with a post from Bankman-Fried’s X account despite prison restrictions, drawing ire from the crypto community.
Despite holding similar properties, gold and bitcoin have been moving in opposite directions of late.
Hive Digital Technologies Bitcoin mining green energy operations now power 2% of the global network with hydroelectric sources in Paraguay.
The post Hive Digital Tech achieves 2% of global Bitcoin mining capacity with green energy appeared first on Crypto Briefing.
The digital ad firm currently holds about 19 BTC and approximately 7.5 million DOGE, according to Wednesday's release.