Another prominent crypto firm has secured a bank charter from the OCC, with Crypto.com joining Circle, Ripple, and others.
IQMM's historic first-day launch underscores how traditional cash funds are adapting to compete in a stablecoin-driven landscape following the passage of the GENIUS Act.
Crypto has been nearly perfectly correlated with a key software sector ETF, and that gauge has tumbled another 5% Monday to a new 52-week low.
Binance.US's pursuit of deeper banking ties post-lawsuit could reshape US crypto regulation, fostering innovation while ensuring compliance.
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USD1 briefly fell to about $0.99707 on Monday morning, a drop that typically would not be considered a stablecoin depeg.
Panic is rising at $1.39, but the bigger picture hasn’t broken. XRP remains within a broader bullish structure, with price testing key support after a sharp correction. Unless critical levels fail, the setup still favors a larger upside rotation rather than a trend reversal. 69% Drop Sparks Panic Across The Market XRP has plunged 69%, sparking widespread panic across the market, but history suggests this may not be the first time such fear has marked a major turning point. The last time XRP experienced a similar deep correction, it eventually followed up with an explosive 835% rally, leaving traders wondering whether a comparable setup is forming again. Related Reading: XRP Maintains Macro Bullish Structure Despite Deeper Correction According to Crypto Patel, XRP is trading around $1.39 after breaking down from the key $2 support zone. Price is now retesting a higher-timeframe demand level that previously acted as the upper boundary of a multi-year accumulation range, placing the asset at a technically significant area. The token has already corrected 69% from its recent $3.66 high, forming what some analysts view as a classic breakout-and-retest structure. After surging 835% from its prior accumulation phase, XRP is now testing a critical support zone. On-chain data adds another layer to the narrative. Ripple just recorded its largest realized loss spike since November 2022, attracting $1.93 billion in weekly losses as holders capitulate, according to Santiment. Historically, periods of extreme capitulation have often coincided with local bottoms, raising the question of whether this sharp correction could ultimately set the stage for the next major move. Key XRP Bullish Accumulation Zone: $0.86–$0.66 Crypto Patel further outlined XRP’s current technical structure, highlighting a key bullish support zone between $0.86 and $0.66. Maintaining a price above $0.66 is critical for preserving the broader bullish outlook. This area represents a confluence of a multi-year breakout retest and a historical accumulation range, reinforcing it as a strong demand zone. Related Reading: Analyst Predicts XRP Price Will Reach $13 In 3 Months As Accumulation Ends The analyst emphasized that the combination of a major capitulation event and price testing a key higher-timeframe support level creates a high-probability reversal area. However, he made it clear that a weekly close below $0.66 would invalidate the bullish thesis and signal a structural breakdown. Looking at upside projections, Patel outlined a series of potential targets at $2, $3, $5, and ultimately $10+, suggesting the possibility of a near 10x move from the accumulation zone if the structure holds and momentum returns. In his view, XRP is currently trading within what he describes as a generational re-accumulation zone following a breakout retest. He noted that the recent $1.93 billion capitulation event often marks market bottoms, arguing that while weaker hands exit during panic, larger players may be quietly accumulating at these levels. Featured image from Getty Images, chart from Tradingview.com
The company’s native token, WLFI, also fell 7% around the same time that its stablecoin, USD1, briefly fell below a dollar peg.
XRP has formed a classic bearish pattern on its two-day chart, and if confirmed, a price drop to $0.80 could be in the cards over the next few weeks.
Bitdeer, the largest Bitcoin mining company by hashrate, wiped its BTC ledger clean this week. Its corporate Bitcoin treasury now shows 0 BTC as the company sold 189.8 newly mined BTC and pulled 943.1 BTC from reserves. A mining business usually carries Bitcoin like pressure in a pipe, some flows out as revenue, some stays […]
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Trump officials explore a US dollar backed stablecoin to support Gazas economic recovery and digital payments shift.
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Ripple has always said it wants to fix one of banking’s biggest problems: slow and expensive international payments. Now, a growing group of analysts believe the company may be closer to the center of global financial reform than most people realize. A recent breakdown by Apex Crypto Insights argues that Ripple’s technology lines up almost …
While Coinbase and others await decision on their applications, the federal banks regulator has already signaled friendliness to crypto companies through several conditional approvals.
According to new research from Standard Chartered, the companies behind stablecoins are on track to become some of the biggest buyers of U.S. Treasury bills. Standard Chartered suggests that the U.S. government might start selling more short-term debt to keep up with this new demand. To make room for all those extra T-bills, the Treasury …
Pacific Backbone initiative will develop a high-speed, low-latency network connecting Seoul, Tokyo, Singapore, and Hong Kong.
More than 31 million XRP were transferred to Binance in a single day, according to data from CryptoQuant. The scale and composition of the inflow have raised concerns about potential short-term selling pressure. Binance remains the preferred venue for large transactions due to its deep liquidity, making it a common destination when holders reposition assets. …
Crypto.com secures conditional OCC approval for a US national trust bank license to offer custody and staking under federal oversight.
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The USD1 token briefly fell to $0.994, some 0.6% below its $1 peg, CoinGecko data shows.
The nationwide RateFi product allows borrowers to count crypto holdings toward mortgage underwriting requirements without selling their assets.
The MYX Finance price has dropped nearly 25% to $0.64, sharply underperforming a broader crypto market that slipped just 1.82%. The fall isn’t just a one-day move; the token is down more than 66% over the past week and almost 88% in the last 30 days. The speed and scale of the decline suggest a …
The XRP price may be approaching a decisive turning point after fresh on-chain data revealed one of the most extreme capitulation events in years. According to Santiment analysis, XRP has just recorded its largest realized loss spike since 2022, a development that has previously preceded a major price recovery. The data is now fueling expectations that a bottom could be in, with a move back above $2 increasingly within reach if history repeats. XRP Price Bottom Signals Emerge After Historic Loss Spike Santiment’s weekly Network Realized Profit/Loss chart, which tracks five years of XRP alongside price action, has revealed a dramatic spike in on-chain realized losses. The latest readings came in at roughly -908 million XRP, marking the largest capitulation event since November 2022, when weekly realized losses hit nearly -1.93 billion. Related Reading: Cup And Handle Pattern Puts XRP Price At $60 After Hitting Resistance Notably, the 2022 capitulation event occurred after a period of compression and decline. At the time, XRP’s price had been trending downward for months before the -1.93 billion reading printed. This showed that investors were selling at heavy losses near what later proved to be a price bottom. After that point, the trend reversed, and over the next eight months, the XRP price rose more than 114%. Based on Santiment’s analysis, XRP’s current structure is mirroring this 2022 setup. The cryptocurrency recently fell from above $3 to the mid-$1 range, with the chart showing price hovering around $1.45 to $1.65 as the realized loss spike emerged. This sharp increase in losses suggests widespread capitulation, as many holders appear to have sold at a loss out of fear and panic rather than waiting for a potential rebound. Historically, this type of extreme loss spike tends to appear near price floors, suggesting that the recent -908 million reading in the current cycle could be a major bottom signal for XRP. The chart shows that the most negative readings cluster around key inflection points, where selling pressure peaks and then begins to fade. In both 2022 and the current setup, the realized loss spike came after a prolonged downtrend, reinforcing the idea that an XRP price bottom could be in. A Possible Recovery Toward $2 While the comparison to the 2022 capitulation event suggests a potential bottom for XRP, it also points to a potential bullish recovery. After the -1.93 billion realized loss spike in 2022, XRP did not rebound immediately. Instead, it gradually shifted structure and produced a 114% rally over the next eight months. Related Reading: XRP Funding Levels Drop To Extreme Negative Levels, What This Means For Price From the current price range near $1.35, a similar gain would push XRP well above the $2 threshold. The chart shows that past capitulation phases were followed by expanding candles and stronger upward momentum once selling pressure eased. If the recent -908 million realized loss spike represents a similar emotional extreme to the one observed in 2022, it could indicate that downside pressure is diminishing and a recovery may be approaching. Featured image from Adobe Stock, chart from Tradingview.com
Bitcoin gained both upside and downside targets as the Wall Street open brought fresh BTC selling pressure and tariff reactions began.
The Solana price isn’t exactly screaming strength right now. Volume bubble maps across both spot and futures markets show a clear cooling trend after what can only be described as overheating phases. And right now? Sell pressure is dominating. If you zoom out on the Solana price chart, the pattern since 2021 is pretty consistent. …
The national trust charter institution would consolidate custody services under a single framework under federal oversight.
The company, which has raised more than $750 million from investors, repurchased about $350,000 worth of its stock.
The expos could lead to increased scrutiny and regulatory pressure on crypto firms, potentially impacting industry practices and trust.
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How many people really pay with Bitcoin? Survey data, payment processors and country case studies reveal where BTC is used for real-world payments.
Bitcoin price more than doubled the last time Tether's crypto market capitalization dropped by $3 billion in two months, a signal that is flashing again in 2026.
Bitwise CIO Matt Hougan says we're in a classic crypto winter but fundamentals are racing ahead of price, and expects recovery by 2027.
Bitmine increased holdings to 4.42 million ETH, controlling 3.66% of supply and generating $171 million staking revenue.
Bitpapa, Garantex and ABCeX were among the cryptocurrency exchanges linked to Russian-tied transactions circumventing Western evasions.