Chainlink (LINK) and Uniswap (UNI) are showing strikingly similar price structures, with both tokens attempting to recover within ascending channels after prolonged downtrends. As the broader market stabilises, these altcoins are beginning to build momentum near key resistance zones. With both tokens holding above crucial support levels and forming higher lows, traders are now watching …
Crypto's reaction to geopolitical news highlights its growing role in global finance, but extreme market fear suggests volatility persists.
The post Trump’s Iran diplomacy post jolts crypto markets higher as equities wobble appeared first on Crypto Briefing.
XRP is approaching what market commentator Will Taylor describes as a critical technical inflection point, with a tightening descending wedge, oversold weekly momentum and a lopsided liquidation profile all pointing to a market that may be close to exhausting the downside. That is the core XRP takeaway in The Weekly Insight – Week 188, where Taylor argued that while crypto may still face one final flush lower, XRP is already trading in a zone that has historically aligned with major lows. XRP May Be Close To A Bottom Taylor framed the XRP setup against a broader macro backdrop that remains fragile but, in his view, not broken. In the same note, he argued the S&P 500 may still need to complete a deeper correction, volatility could rise further, and crypto altcoins may have “one more small dip” left before a more durable bottom forms. Even so, he suggested the market is already close enough to prior cyclical lows that downside from here may be limited relative to the potential upside. Related Reading: 3 Reasons XRP Rallies Stall — What Must Change For A Sustained Recovery For XRP specifically, the focus was on structure. Taylor said he has been tracking “a potential descending wedge or parallel channel” on the weekly chart, with the key question now being whether XRP still needs “one more pullback into the bottom of that channel” into the $1.10 region or whether it can begin breaking higher from current levels and reclaim support on the way up. He tied that pattern to momentum signals that, in his reading, are starting to look familiar. “This is on the weekly timeframe, and the weekly RSI has been touching the oversold area, just as it did at the absolute lows in 2022 during the bear market,” Taylor wrote. “So there are a few indicators here that are suggesting we are very close to the lows, if not already there.” That matters because Taylor is not presenting XRP as an isolated chart. In the newsletter, he argued the broader crypto market is already trading near levels that, on weekly RSI measures, have historically marked either outright bottoms or zones within roughly 10% to 15% of them. In that context, XRP’s wedge is being read less as a standalone pattern and more as part of a market-wide compression phase that could be nearing resolution. Related Reading: XRP Needs Higher Prices To Handle Bank-Scale Flows, Jake Claver Argues The more distinctive part of the XRP thesis came from liquidation data. Taylor wrote that if XRP were pushed higher toward $3.60, more than $320 million in short positions would be liquidated. By contrast, a move down toward $0.39 would liquidate roughly $130 million in longs. That imbalance, in his view, creates a cleaner incentive to run price upward rather than lower. “And if we pair this up with the amount of liquidity that we can see for XRP, cumulatively, if price is pushed up towards $3.60, we would liquidate over $320 million worth of shorts,” he wrote. “But if price is pushed down towards $0.39, it would only liquidate around $130 million worth of longs. So from a liquidity perspective, the opportunity for market makers and exchanges is clearly to the upside.” That argument leans on the idea that once the current period of macro stress passes, XRP’s positioning could amplify any recovery. Taylor added that open interest is “reinforcing that view,” suggesting leveraged participation has not yet undermined the bullish setup. The caveat is timing. Elsewhere in the newsletter, Taylor said he still expects one more modest dip across crypto before the market fully turns, and he linked the broader bottoming process to macro developments that could play out over the next four to six weeks. For XRP, that leaves two plausible paths: a final sweep toward the lower boundary of the wedge, or an earlier breakout that confirms the pattern without a deeper retest. At press time, XRP traded at $1.35. Featured image created with DALL.E, chart from TradingView.com
Pi Network is making rounds again on crypto Twitter, and this time, it’s not about mining, controversy, or adoption; it’s about price. Amid weak liquidity and fading altcoin demand, concerns are rising over whether Pi can sustain growth without a meaningful rise in value. Dr. Pi went deep into the analysis, arguing that price is …
The JUP price just got a shot of adrenaline and no, it’s not just another random pump. This time, there’s an actual product behind it. Jupiter Lend’s latest announcement around its JUICED token has injected fresh energy into a chart that’s been dragging itself through most of Q1. An 8% intraday move pushed JUP to …
Blockchain's integration into private credit could revolutionize lending efficiency, transparency, and accessibility, impacting global finance.
The post Ex-Blackstone duo raise $25M to bring private credit onto blockchain appeared first on Crypto Briefing.
The first-quarter decline breaks a long-standing growth trend, but could ultimately support decentralization as public U.S. miners face losing dominance.
ABTC's Satoshis-per-share metric has more than doubled since its debut, even as the stock has continued to move in the opposite direction.
The regulatory agency’s reset is real, but the new details stop short of the full course correction the industry needs, say Gibson Dunn attorneys.
The XRP price is caught in a strange tug-of-war right now and honestly, it’s the kind of setup that rarely ends quietly. Funding rates tell the first part of the story. They’ve been negative for a while now, and not just mildly. We’re talking deep dips to -0.01 and even -0.02. Shorts are firmly in …
The T-Strive Digital Credit ETF would invest in bitcoin treasury firms' yield-bearing preferred stock equities, including Strategy's Stretch.
Tom Lee's Ethereum treasury bought more than 71,000 ETH over the past week, remaining the sole large corporate crypto buyer as Strategy broke its 13-week bitcoin purchase streak.
Providing support to the AI industry has widely become more attractive for bitcoin miners as mining has become less profitable.
The broker said crypto equities trading at steep discounts are approaching a floor into weak first-quarter results, revising price targets on Coinbase, Robinhood and Figure.
The idea has been building quietly inside the XRP community for years. Ripple and its native digital asset XRP, the argument goes, are not just another crypto project. They are positioning to replace the US dollar as the world’s reserve currency settlement mechanism, allowing governments and financial institutions to settle transactions with full sovereignty while …
The crypto asset manager argued rising surveillance and AI could elevate demand for private digital money, positioning Zcash as a mispriced bet on confidentiality.
The next crypto crash may not start in crypto at all. That is the argument crypto strategist Ted put forward in an interesting post today, pointing to a silent liquidity crisis unfolding in Japan’s bond market as a potential trigger for the next major sell-off in digital assets. The timing is not hypothetical. Japan’s 30-year …
Below is a summarized version of The Block Research’s Strategic Selection: A Practical Guide to Choosing the Right Market Maker report. The full PDF version of this report is accessible here. In crypto markets, where liquidity drives both perception and performance, market makers play a critical but often poorly understood role. While professional market makers are essential […]
Ripple CEO Brad Garlinghouse has revealed a $13 trillion opportunity, which cryptos like XRP and stablecoins could tap into. This came as he highlighted how blockchain technology is disrupting global finance with payments being made on-chain. Ripple CEO Reveals $13 Trillion Opportunity For XRP and Stablecoins In a FOX Business interview, the Ripple CEO revealed that GTreasury, the company they bought last year, processed $13 trillion in payments, and none of these payments were done through a stablecoin or crypto asset such as XRP. He declared that there is an opportunity to integrate crypto and stablecoins as blockchain technology becomes the go-to for payment rails. Related Reading: Expert Says Ripple’s XRP Is Designed For More, Here’s What He Means Garlinghouse also described stablecoins as an entry point to crypto adoption, calling it the “ChatGPT moment” for crypto. Notably, $33 trillion total stablecoin trades happened globally last year. The Ripple CEO also noted that cross-border payments have become faster thanks to blockchain technology. The Ripple CEO recently revealed that they launched the RLUSD stablecoin because their payment operations were contributing up to 20% of USDC flows. As such, they saw it fit to launch their own product. The RLUSD has seen significant adoption as Ripple continues to expand its payment services, boasting a market cap of $1.41 billion. XRP plays a key role in these payment services, as Ripple primarily uses the XRP Ledger to process them. Crypto analyst ChartNerd noted that this is also a big opportunity for XRP, given that the SEC has declared the crypto asset is not a security. As such, institutions could move to adopt the crypto asset for payments. It could also enable Ripple to further integrate the altcoin into its payment services, seeing as it currently serves as the bridge currency. It is worth noting that during the recent interview, Garlinghouse again reiterated that XRP is the “North Star” for Ripple. Crypto Is Now Rewiring The Financial System In an X post, the Ripple CEO said that market participants are now seeing a shift in the perception of the crypto industry from “rat poison” to “pet rock” and then to rewiring the financial system. He added that now, some of the biggest companies worldwide are asking if they are using stablecoins and crypto assets such as XRP. Related Reading: Teucrium Founder Predicts What Will Happen To Ripple If XRP Price Goes To $3 Garlinghouse stated that Ripple has strategically focused their deal-making outside the echo chamber to bridge the gap between traditional finance (TradFi) and the crypto ecosystem and that those bets are paying off. The crypto firm notably acquired Hidden Road and GTreasury, which it is now using to integrate XRP and RLUSD into the TradFi ecosystem. At the time of writing, the XRP price is trading at around $1.34, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Pxfuel, chart from Tradingview.com
Yields for five-year US Treasury bonds are up 4%, putting a damper on Bitcoin price, which has ended the month much where it started.
BitMine's growing Ethereum stake could influence market dynamics, potentially impacting liquidity, price stability, and investor sentiment.
The post Tom Lee’s Bitmine approaches 80% of goal to hold 5% Ethereum supply appeared first on Crypto Briefing.
Nearly half of all bitcoin is now trading at a loss, with the Bitcoin Impact Index surging to 57.4, indicating high stress levels.
The Cardano founder argues crypto is too public, complex and risky for mainstream use and is backing a privacy-focused network to change that.
Midas raised a $50 million Series A led by RRE and Creandum, and launched a $40 million liquidity facility for tokenized assets.
A Coinbase and CoinTracker survey found fewer than half of crypto users correctly understand when digital assets become taxable.
Analysts warn that bitcoin conviction remains thin ahead of key U.S. economic releases despite Trump's latest remarks on Iran.
A proposed treasury buyback of up to 10,000 stETH for LDO highlights how thin DeFi governance token liquidity has become, forcing the DAO to route through centralized exchanges.
Strategy, the company formerly known as MicroStrategy, appears to have paused its weekly Bitcoin purchases after stacking BTC for 13 straight weeks. During that run, it accumulated about 90,831 BTC. Holdings now stand at 762,099 Bitcoin, roughly 3.6% of total supply. Executive chair Michael Saylor skipped his usual weekly buy signal on social media and …
Bitmine's total crypto and cash holdings stand at $10.7 billion, and the company owns around 3.92% of Ethereum's circulating supply.
Chainlink (LINK) joined Ethereum (ETH) as a top performer, up 4.1% since Friday.