Divine Research has issued 30,000 unbacked USDC loans using Sam Altman’s World ID to verify borrowers, targeting underserved users.
According to Matt Hougan, chief investment officer at Bitwise, what used to be a near‑perfect four‑year Bitcoin pattern now looks less reliable. Supply cuts, rate moves and crash risks once drove big swings. Now, fresh forces are taking over. Related Reading: Wall Street’s Bold Bet: Bitcoin Could Hit $200K By December, Banking Giant Says Halving’s Impact Shrinks Every Cycle Hougan points out that each Bitcoin halving still cuts new coins by 50% but matters less over time. In early cycles, that shock fueled parabolic runs. Today, with a market cap in the hundreds of billions, the same supply cut is half as important every four years. Back in 2016 and 2020, prices jumped more than 150% around halving events. Now, moves hover under 50% in similar windows. Based on analysis from the Bitwise CIO, interest rates have been friendlier this time around. In 2018 and 2022, tightening by the US Federal Reserve coincided with brutal crypto drops that sent Bitcoin down 72% and 69% from peak to trough. Now, rates are easing or on pause, so crypto often trades up rather than down. Why is the four-year cycle dead? 1) The forces that have created prior four-year cycles are weaker: i) The halving is half as important every four years; ii) The interest rate cycle is positive for crypto, not negative (as it was in 2018 and 2022); iii) Blow-up risk is… https://t.co/F9ybjHEeB5 — Matt Hougan (@Matt_Hougan) July 25, 2025 Institutional Trends Outrun Old Rhythms Hougan highlights that ETFs are the new growth engine—and they run on a 5–10 year timeline. Spot Bitcoin ETFs launched in January 2024 and have since taken in over $10 billion in net inflows. That steady stream can’t be pinned to a single four‑year blip. Pensions and endowments are getting ready too. Many big investors only started talking crypto last year, and it takes quarters or years for them to clear internal hurdles. When they finally jump in, their billions could reshape markets far beyond retail waves. ????DID I HEAR SUPER CYCLE??? The four-year cycle is dead and adoption killed it.@Matt_Hougan says we’re going higher in 2026. Early profit takers will be left behind!!! Full break down with @JSeyff and @Matt_Hougan in comments???? pic.twitter.com/Ffn9penapN — Kyle Chassé / DD???? (@kyle_chasse) July 25, 2025 Regulation Gains Traction This Year According to Hougan, regulatory clarity began in January 2025 with new custody rules, tax guidelines and licensing regimes. Those steps cut systemic risk and pave the way for banks and asset managers to roll out crypto services on their platforms. Based on his analysis, the recent Genius Act—passed this month—opened doors on prime‑broker platforms. That means trading desks, clearing houses and research teams can invest billions in weeks and months. This kind of build‑out takes time, but it lasts. Related Reading: Crypto’s Golden Rule Just Got Broken, According To Analyst Treasury Firms Emerge As A Wild Card One fresh cyclical‑style risk Hougan flags is the rise of Treasury companies offering short‑term lending and yield products. If they grow too fast without proper checks, a blow‑up could still trigger a market sell‑off. It’s a new kind of hazard that didn’t exist in past cycles. Featured image from Unsplash, chart from TradingView
As the August 1 deadline for a U.S.–Europe tariff deal approaches, talks between the Trump Administration and the European Union have reached a critical stage, and investors are hopeful that a deal will be reached in time to calm global markets. Investors hold their breath for a U.S.–Europe tariff deal The U.S. and EU are […]
The post Increased market volatility as the U.S.–Europe tariff deadline looms appeared first on CryptoSlate.
Windtree Therapeutics (WINT), a biotech firm listed on Nasdaq, has recently made headlines by venturing into the cryptocurrency space, particularly focusing on Binance Coin (BNB). Just over a week after raising $60 million, the company announced a substantial partnership with Build and Build Corporation, unveiling a $200 million securities purchase agreement aimed at establishing a dedicated BNB treasury. In a surprising turn of events just six days later, the firm disclosed a strategic partnership with Kraken, which will reportedly provide services such as custody, trading, and over-the-counter (OTC) solutions for Windtree’s newly formed BNB treasury strategy. Windtree Therapeutics Partners With Kraken According to the announcement, the biotech firm and the US-based cryptocurrency exchange have signed a term sheet that will be formalized into a definitive agreement pending shareholder approval of Windtree’s securities purchase agreement. This partnership is said to open the door for potential future subscriptions of up to $140 million, led by Build and Build Corporation, further solidifying Windtree’s dive into the cryptocurrency ecosystem. Related Reading: Is $1 Dogecoin ‚Inevitable‘? Analyst Cites Perfect Storm Of Factors By aligning with Kraken, Windtree aims to leverage the exchange’s security, liquidity, and expertise in digital asset management. Notably, Windtree distinguishes itself as the first Nasdaq-listed company to offer direct exposure to the BNB token, which ranks as the fifth-largest digital asset by market capitalization, exceeding $100 billion. Kraken’s infrastructure is expected to play a vital role in ensuring the secure custody and efficient trading of BNB assets. The exchange’s over-the-counter desk will facilitate transactions related to Windtree’s Binance Coin treasury strategy. The Key To Windtree’s BNB Strategy Success Jed Latkin, Chief Executive Officer of Windtree, expressed enthusiasm about the partnership, stating: We are excited to partner with Kraken, a trusted leader in the cryptocurrency industry, to support our groundbreaking BNB strategy. Kraken’s expertise and secure platform will strengthen our ability to deliver unparalleled exposure to the Binance ecosystem, creating significant value for our shareholders. Related Reading: Crypto Founder Reveals What Will Drive Ethereum Price To $10,000 David Olsson, Global Head of Institutional Client Solutions at Kraken, echoed this sentiment, emphasizing the exchange’s commitment to expanding access to BNB and the Binance Smart Chain. “Our deep liquidity and industry-leading security infrastructure allow us to deliver bespoke solutions tailored to the needs of corporate treasury teams,” he added. “With qualified custody, a leading staking platform, and seamless OTC execution, we’re well-positioned to support Windtree as they execute their digital asset strategy with confidence and precision.” As of this writing, Binance Coin is trading at $782, marking a 20% surge over the past month. This makes it one of the top performers among the ten largest cryptocurrencies in the market over this period. Yet, the token has a 3% gap from its record high of $809. Featured image from DALL-E, chart from TradingView.com
BCH jumped more than 5% Sunday to surpass $580, with analysts citing breakout patterns and calling for a possible push toward the $620–$680 range.
Bitcoin experienced heightened volatility on Friday, briefly dipping to a local low of around $114,700 before stabilizing within a tight consolidation range. The price remains capped below the psychological $120,000 mark, with bulls and bears locked in a tug-of-war that has intensified speculation across the market. Despite the pullback, Bitcoin is holding key support, suggesting resilience in the current bullish structure. Related Reading: TRON Drops Q2 Report: Revenue, USDT Dominance Lead Multi-Quarter Highs According to CryptoQuant analyst Axel Adler, this week stands out as one of the most aggressive selling periods of the current bull cycle. Adler notes that only 12 weeks—about 7.3% of the entire cycle—have shown equal or greater selling pressure. This context highlights just how intense the recent market activity has been, with significant profit-taking from investors but no full breakdown in price. The combination of strong selling and price stability has introduced a high level of uncertainty. Market participants are watching closely for confirmation of either a deeper correction or a renewed push to break the $120K barrier. As the week closes, Bitcoin’s ability to maintain its consolidation range could determine the pace and direction of the next major move in this cycle. Bitcoin Holds Strong Amid Heavy Selling Adler highlighted that this week ranks among the top 7% of the most extreme in terms of selling volume during the current Bitcoin bull cycle. Despite the intense selling pressure, Bitcoin has shown notable resilience, recovering to $117,000 by week’s end. This rebound is seen as a positive signal, reflecting bullish strength in the face of aggressive distribution. While Bitcoin remains in a tight consolidation range, its dominance is starting to weaken relative to Ethereum and other major altcoins. This shift has caught the attention of analysts who now view this week as a pivotal moment. A continued decrease in Bitcoin dominance paired with growing strength in altcoins could mark the beginning of the long-anticipated altseason—a period where capital rotates from Bitcoin into alternative cryptocurrencies, driving strong gains across the sector. Still, Bitcoin’s recent recovery and consolidation above key support suggest that its bullish momentum may not be over. If buyers continue to defend the current range, BTC could be gearing up for another leg higher, putting pressure on shorts and reigniting market confidence. Related Reading: $4B Increase In Bitcoin Open Interest Fueled By Whale Transfers To Exchanges – Details BTC Retests Resistance After Strong Recovery Bitcoin (BTC) is currently trading around $117,867 on the 4-hour chart after recovering sharply from the $115,724 support level. This area has proven to be a critical short-term demand zone, with bulls stepping in aggressively to defend it following a recent dip. The price is now pressing against the 100-period SMA ($117,822), attempting to reclaim this level as support. The structure of the chart shows BTC remains locked in a well-defined consolidation range between $115,724 and $122,077. This week’s retest of the lower boundary and subsequent bounce signals continued interest from buyers, despite strong selling pressure earlier in the week. Volume remains elevated, suggesting active market participation during the recent recovery. Related Reading: Ethereum Whales Accumulate Over $4.1B In ETH In Two Weeks – Details The key to watch now is whether BTC can flip the 100 SMA and hold above $118,000. If confirmed, the next major test will be the upper range resistance at $122,077. A clean breakout above this level could set the stage for new all-time highs. Featured image from Dall-E, chart from TradingView
Galaxy’s $9 billion BTC sale for a Satoshi-era investor prompted Scott Melker to suggest some early whales are losing faith, sparking intense debate on X.
Pudgy Penguins shut down rumors of an OpenSea buyout, calling the speculation unnecessary and pointing instead to growing brand partnerships.
In a turbulent second quarter (Q2) for the cryptocurrency market, Avalanche (AVAX), a layer-1 blockchain platform frequently considered a competitor to Ethereum (ETH), reported a mixed bag of financial metrics. Avalanche Price Declines But User Engagement Soars A recent analysis from data firm Messari revealed that AVAX’s price fell 4.2% quarter-over-quarter, dropping from $18.77 to $17.99. This decline came alongside a 2.6% decrease in its circulating market cap, which fell from $7.8 billion to $7.6 billion. The impact of this price drop was also reflected in AVAX’s market ranking, which fell from 15th to 16th among all cryptocurrencies. However, not all metrics were negative. Transaction fees for AVAX surged by nearly 29% during the quarter, increasing from 58,300 to 75,170. In terms of revenue, transaction fees in USD also rose slightly, going from $1.50 million to $1.54 million, indicating a growing user base and increased activity on the platform. Related Reading: Is $1 Dogecoin ‚Inevitable‘? Analyst Cites Perfect Storm Of Factors A particularly bright spot for Avalanche in Q2 2025 was the significant growth in daily transactions across its C-Chain and other layer-1s. Average daily transactions skyrocketed by 169.91%, reaching 10.1 million compared to 3.7 million in the previous quarter. This was complemented by a dramatic increase in daily active addresses, which surged by 210.45% to 519,954, suggesting a robust uptick in user engagement. In line with this growth, Avalanche also reduced its average transaction fees by 42.7%, from $0.05 to $0.03. This reduction is largely attributed to the Octane upgrade, which introduced a dynamic fee mechanism on Avalanche’s C-Chain, allowing for real-time fee adjustments to enhance user experience and reduce costs. C-Chain Transactions And DeFi TVL Soar The C-Chain in particular saw impressive usage growth, with average daily transactions jumping 493.4% from 244,995 at the end of Q1 to 1.4 million by the end of Q2. Daily active addresses also experienced a healthy increase of 57% quarter-over-quarter, rising from 29,554 to 46,397. Notably, there was a spike to 419,619 daily active addresses on May 11. As seen in the chart above, Avalanche’s total value locked (TVL) in decentralized finance (DeFi) rose 37.1%, climbing from $1.1 billion to $1.5 billion. However, the stablecoin market cap on Avalanche saw a significant decline of 23.8%, dropping from $1.9 billion to $1.5 billion. Related Reading: Crypto Founder Reveals What Will Drive Ethereum Price To $10,000 The rise in daily active addresses across Avalanche’s layer-1 platforms was particularly noteworthy. The average daily active addresses surged by 444.8% quarter-over-quarter, from 68,723 to 374,402. As of this writing, AVAX’s price has recovered from Q2 lows toward the $23 zone, rising 35% in the past thirty days due to the recent bullish sentiment that led Bitcoin (BTC), the market’s leading crypto, to reach a new all-time high above $123,000. Featured image from DALL-E, chart from TradingView.com
A crypto analyst disagreed with the statement, saying, “Everyone dies. At some point, investment returns become irrelevant.”
Bitcoin is holding steady above $118,000 despite the recent ups and downs in the market. As of now, Bitcoin is trading at $118,274 and showing signs of strength after brushing off selling pressure and minor pullbacks earlier this week. This comes at a time when investors have been watching closely to see whether the crypto …
Could XRP really reach $1,000? While this may sound far-fetched to many, Jake Claver, director at Digital Ascension Group, said it is possible. He said that if XRP becomes the global standard for cross-border payments and financial settlements, such a price wouldn’t just be a dream, but a requirement. Why a Higher Price is Necessary …
Changpeng Zhao (CZ), the co-founder of Binance and former CEO of the world’s largest cryptocurrency exchange, is reportedly aligning himself with President Donald Trump’s policy initiatives following his recent release from a four-month jail sentence. This shift comes as Zhao seeks to navigate the complexities of his situation in the US in light of his legal challenges, including a formal application for a presidential pardon after serving time for violations related to anti-money laundering laws (AML). Will CZ’s Strategy Result? As reported by Crypto in America, Zhao’s foundation, Giggle Academy, has partnered with American Legion Charities to donate $2 million to create a permanent scholarship for the children of fallen and disabled US service members. Per the report, this initiative is particularly timely, coinciding with Trump’s renewed focus on artificial intelligence (AI) and blockchain technology. Related Reading: Is $1 Dogecoin ‚Inevitable‘? Analyst Cites Perfect Storm Of Factors Zhaos’ scholarship program aims to empower students by providing grants of up to $20,000 and features an annual competition that encourages participants to address pressing societal issues with innovative solutions. This aligns with the Trump administration’s broader objectives, which include bolstering America’s position as a global leader in technology and cryptocurrency while supporting veterans and their families. Recently, the president’s administration approved an $832 billion defense funding bill that includes pay raises and enhanced benefits for service members, further underscoring this commitment. Former Binance CEO’s Pardon Application Gains Traction Industry insiders view Zhao’s “philanthropic initiative” as potentially strategic, suggesting that it could be an attempt to gain favor with the president. “CZ knows what he’s doing,” remarked a crypto executive familiar with the landscape. The executive, who chose to remain anonymous when responding to Crypto in America’s inquiries, further stated: For the US to maintain its status as the crypto capital of the world, it needs strong leadership from its top exchanges and entrepreneurs. Moreover, we need a skilled workforce to drive the future economy. Related Reading: Crypto Founder Reveals What Will Drive Ethereum Price To $10,000 Adding to Binance’s former CEO complex situation in the country, recent speculation has emerged regarding his chances of receiving a presidential pardon. CZ has topped crypto-betting platform Polymarket’s leaderboard as the individual most likely to be pardoned by President Donald Trump in 2025, according to recent polls. This narrative gained momentum after Zhao confirmed on a podcast that he had formally applied for a pardon. This came after a tumultuous year in which he faced significant legal hurdles, leading him to leave Binance and relinquish any role in its operations. When writing, the exchange’s native token Binance Coin (BNB) trades at $782, a gap of over 3% from its current record high of $809 reached two days ago. Featured image from CNBC, chart from TradingView.com
The Bitwise Invest executive admits he “could be wrong” but doesn’t see 2025 as the end of the upside for Bitcoin.
The crypto market is starting to go more mainstream, especially after the new GENIUS Act was passed last week. That news has helped push Bitcoin to even higher levels of dominance, meaning most of the money right now is flowing into Bitcoin rather than altcoins. But as investors start buying during the altcoin dip, popular …
The Bitcoin price has been quite indecisive in its action over the past week, jumping between the $117,000 and $120,000 consolidation zone in that period. The flagship cryptocurrency, however, came tumbling toward the $115,000 mark following massive coin movements toward centralized exchanges in the past day. Interestingly, a prominent market expert has put forward an even more bearish outlook for the Bitcoin price over the next few weeks. With this latest projection, the price of BTC seems to only be at the beginning of a downward spiral, which could worsen over the coming days. How BTC Price Could Be At Risk Of Extended Decline In a July 25 post on social media platform X, Chartered Market Technician (CMT) Aksel Kibar painted a bearish picture for the Bitcoin price after falling to $115,000 on Friday. According to the analyst, the flagship cryptocurrency could be on its way to around $109,000 in the coming days. Related Reading: This Australian Investment Manager Just Added Bitcoin To Its Treasury, Here’s How Much BTC They’ve Bought Kibar’s bearish stance revolves around the inverse head-and-shoulder pattern on the Bitcoin price chart on the weekly timeframe. The inverse head-and-shoulders pattern is a technical analysis formation characterized by three distinct price troughs, including a lower “head” set between two higher “shoulders.” Typically, the inverse pattern signals a possible bullish breakout and is validated when the price breaches the neckline — a trendline connecting the crests (swing highs) between the head. As shown in the chart below, the Bitcoin price has already broken through the neckline to reach a new all-time high. However, Kibar explained that the price breakout witnessed by Bitcoin might not be the textbook breakout typically expected in most inverse head-and-shoulders pattern scenarios. According to the market expert, most head-and-shoulder breakouts are followed by pullbacks and retests rather than straight rallies. Chart data provided by the analyst shows that, since May 2017, the Bitcoin price has witnessed a retest or pullback (type 2 continuation) more times than a straight rally (type 1 continuation) after a head-and-shoulder pattern breakout. This trend explains the rationale behind Kibar’s bearish projection for BTC in the next few days. If the price of Bitcoin does suffer a deeper correction as in the type 2 continuation, it is likely to return to the neckline — and around the $109,000 mark. A move like this would represent an over 5% decline from the current price point. Bitcoin Price At A Glance After a horrendous start to the day, the market leader seems to be recovering nicely from its recent fall to $115,000. As of this writing, the price of BTC stands at around $117,323, reflecting a mere 0.6% decline in the past 24 hours. Related Reading: Bitcoin Pullback Remains Within Normal Volatility Range: Drawdown Analysis Shows No Signs Of Panic Featured image from iStock, chart from TradingView
Analysts call XRP’s dip on Thursday a healthy correction, while Galaxy Digital’s CEO says Ether could outperform Bitcoin within the next six months, and other news.
Avalanche (AVAX) prices are up 6.59% in the past 24 hours amidst a general crypto price rebound. The prominent altcoin presently trades around $24, keeping in line with a long-standing range-bound movement. Meanwhile, popular market analyst Ali Martinez has shared some insights on the present AVAX market, highlighting a potential bullish scenario. Incoming AVAX Breakout? Here Are The Levels To Watch In an X post on July 25, Martinez provides a technical analysis on the AVAX market tipping the altcoin for a major price surge; Using the daily AVAX/USDT chart, the renowned analyst identified a constant trading range that has remained active from February to date. Related Reading: TRON Drops Q2 Report: Revenue, USDT Dominance Lead Multi-Quarter Highs This price range shows that AVAX prices have consistently moved between $15 and $27, forming a pivotal support and resistance in these price regions, respectively. Most notably, AVAX made another surge towards $27 following the crypto rebound in early July. However, the altcoin soon experienced another solid rejection for the third time in six months at the rather effective price barrier. Following this most recent rejection, AVAX found quick support around $23, another important price level in this trading range, which has previously acted as support or resistance depending on the price trend. If the market bulls can sustain the current buying pressure at this price zone, AVAX is likely to return to retest the $27 region. Interestingly, Ali Martinez explains that a successful breakout beyond $27 would pave the way for a quick climb to an immediate price target of $36 based on the Fibonacci retracement levels. This prediction presents a potential 46% price gain from current market prices and 38% from the breakout zone. On the other hand, failure to hold above the $23 price level may result in a bearish return to $15, marking a potentially catastrophic 34.78% decline from the support zone. Therefore, AVAX market forces must view the $23 as a critical region, which could influence a decisive breakout or breakdown in the mid-term. Related Reading: Wall Street’s Bold Bet: Bitcoin Could Hit $200K By December, Banking Giant Says AVAX Price Overview At the time of writing, AVAX trades at $24.81 following a slight 3.71% gain in the last seven days. Meanwhile, the daily trading volume is down by 31,84% indicating a significant decline in market interest and transaction volume. With the altseason reportedly underway, AVAX also remains one of the many altcoins in investors’ consideration as a potential outperformer following an estimated 1,150% gain in the last bull run in 2021. With a market cap of $10.1 billion, AVAX continues to rank as the 17th largest cryptocurrency in the world. Featured image from DASE, chart from Tradingview
Solo miners successfully adding blocks to the Bitcoin blockchain network is a rare event, but still not impossible in 2025.
After surging to a record high around $123,000 in the second week of July, the Bitcoin price action for the rest of the month has been largely choppy. However, the flagship cryptocurrency dropped to a level just above $115,000 on Friday, July 25. This abrupt decline came with the expected question in the market: Is the rally over? Here’s How $115,000 Could Be Critical To BTC’s Price In a recent post on the social media platform X, crypto pundit Burak Tamaç highlighted the relevance of the region below the $115,000 level for the price of BTC. This on-chain observation, which is based on the BTC Supply Distribution URPD, showed how the Bitcoin price could play out in the near future. Related Reading: Bitcoin Eyes Bounce off This Support Level In Reversal Campaign For $121,000 The Supply Distribution URPD metric tracks the amount of Bitcoin supply last moved or transferred at particular price levels. This metric is specifically useful in identifying potential support (demand) and resistance (supply) zones. Tamaç pointed out on X that there is a significant void in Bitcoin’s Unspent Transaction Output (UTXO) distribution just around the $110,000 and $115,000 bracket. What this means is that there have been relatively fewer significant transactions around this price region in the recent past. However, this UTXO gap sits above a price region ($90,000 to $110,000) thick with significant investor activity. Considering the level of activity within this zone, there is an increased likelihood of the premier cryptocurrency finding a support cushion just within the UTXO gap. In this context, the support is to be above the $110,000 price level. As mentioned earlier, after Bitcoin reached a new all-time-high price, the premier cryptocurrency entered a consolidatory phase, where it has moved mostly sideways in the second half of July. During this period of indecisive price action, it can be observed that the Bitcoin price has not gone below the $115,000 price. What this means is that the $110,000 and $115,000 zone is likely where a new UTXO support has been established. If Bitcoin prevails above this price level, we can expect to see continued bullish momentum. On the flip side, if the $110,000 — 115,000 support zone fails, the flagship cryptocurrency might experience a severe sell-off. Bitcoin Price At A Glance As of this writing, Bitcoin is valued at about $118,050, reflecting an almost 2% jump in the past 24 hours. Related Reading: Bitcoin Eyes Bounce off This Support Level In Reversal Campaign For $121,000 Featured image from iStock, chart from TradingView
Despite growing ownership rates, most Americans view cryptocurrency as a risky investment, with 64% of U.S. investors considering it "very risky."
Ripple’s Chief Executive Officer (CEO), Brad Garlinghouse, has issued a serious warning to XRP investors amid a surge in scam activity targeting investors across social media platforms like YouTube. The alert follows increasing reports of fraudulent accounts impersonating Ripple and its executives, with the aim of tricking users into sending their XRP. Ripple Warns Investors Of Rising XRP Scams On July 23, Garlinghouse took to X social media to raise the alarm on a sharp rise in XRP scams, urging investors and community members to stay alert. According to the Ripple CEO, scammers are capitalizing on market momentum and community excitement to ramp up impersonation schemes, particularly targeting unsuspecting XRP holders. Related Reading: How Ripple Is Taking On SWIFT To Grab 14% Market Share As XRP Price Surges One of the most notable developments flagged by Garlinghouse is a recent surge in fraudulent activity on YouTube, where scammers have taken over existing channels, rebranded them to resemble recognized Ripple accounts, and begun promoting misleading content that impersonates the crypto company and its executives. In its official X account, the Ripple team stressed that these YouTube accounts are legitimate and do not belong to the crypto firm, despite appearing convincing. In many cases, the usernames have been altered to mimic the company’s official handles, often making it difficult for unsuspecting users to identify the deception. These scam videos frequently promise giveaways, rewards, or investment multipliers, usually asking users and investors to send XRP in exchange for a larger return. Garlinghouse has emphasized that neither he nor Ripple will ever request XRP from anyone under any circumstances. To combat the growing threat of skyrocketing crypto scams, Ripple is actively and aggressively reporting these fraudulent accounts and encouraging its community to do the same. The company has reiterated that its official channels remain the only trusted sources of communication and provides a direct reminder to always verify account handles and links before engaging. Notably, Garlinghouse concluded his post with an important reminder to stay vigilant against avoidable losses. He warned that “if it sounds too good to be true, it probably is.” Ripple Alert Highlights Broader Threat Amid Market Recovery Beyond the immediate focus on the YouTube impersonation scams, Garlinghouse’s report touches on a broader trend of escalating crypto fraud that tends to spike during periods of market recovery or growing optimism. This pattern, described by the Ripple CEO as “like clockwork,” suggests that malicious actors closely monitor community sentiment and time their campaigns to exploit emotional and financial excitement. Related Reading: XRP Transactions Barrels Over $1 Billion To Monthly Highs, Are Whales Driving The Next Leg? In a broader context, the rise in XRP scams has coincided with the recent surge in the altcoin’s price to above $3.6. Additionally, they come after bullish news like Ripple’s growing regulatory clarity and legal win against the US SEC. As the XRP price inches closer to ATH levels and gains more momentum, bad actors are leveraging this wave of optimism to cast a wider net, targeting investors through sophisticated scams and fraudulent schemes. Featured image from Getty Images, chart from Tradingview.com
The decision to invest in bitcoin was driven by the depreciation of fiat currencies, rising global financial uncertainty, and a desire to diversify its asset portfolio.
Bitcoin exchange-traded funds (ETFs) have permanently reduced volatility and altered Bitcoin market dynamics, according to analysts.
Renowned market expert with X username CasiTrades has shared an interestingly bullish insight on the XRP market. Notably, this price forecast comes following a broader crypto market correction in the past week, during which XRP has registered a 6.74% price decline. XRP Bulls Eye Return To ATH After $3 Retest In an X post on July 25, CasiTrades shows that XRP is on the brink of a major price surge based on the indications of the Elliot Wave Theory – a technical framework that proposes that price movements occur in five repetitive waves. Amidst the price decline in the last week, XRP failed to hold above the critical $3.21 price level, forcing a retrace to retest the major $3.00 support zone, resulting in a slight price bounce. Despite this bearish event, the analyst notes encouragingly that the altcoin did not form a new price low, suggesting the larger bullish structure remains intact. Related Reading: XRP To $10? Basketball Legend’s Poll Puts Crypto On Center Court CasiTrades explains that XRP’s latest retracement reached a deep 0.854 Fibonacci level, a classic reversal zone for second waves in a bullish five-wave structure. This deep pullback, combined with the strong bounce off $3.00, signifies the potential bottom of Wave 2. If bulls can hold the price above this support, this sets the stage for the beginning of Wave 3, the strongest and most explosive leg in the Elliott Wave Theory. For context, the Elliot wave theory begins with an initial price rise, i.e, Wave 1, followed by Wave 2, a pullback that doesn’t breach the starting point. Wave 3 is usually the strongest and longest, driven by increased participation and bullish momentum. Meanwhile, Wave 4 brings another correction, often less severe than Wave 2, before Wave 5 pushes prices to a final high. For Wave 3 to commence in the present market, CasiTrades states the next price target lies at the $3.21 region, which represents a crucial resistance. If XRP produces a sustained breakout above this price barrier, it validates the proposed bullish scenario. In this case, the analyst identifies an immediate price target of $3.82, which aligns with the 2.618 Fibonacci extension of the prior move. Interestingly, this price zone also represents XRP’s all-time high on certain markets. This confluence strengthens confidence in the bullish scenario, especially considering that if the Elliott Wave structure plays out fully, a Wave 5 rally could propel the altcoin into uncharted price territory. Related Reading: Bitcoin Eyes Bounce off This Support Level In Reversal Campaign For $121,000 XRP Price Overview At the time of writing, XRP is valued at $3.20 following a price rebound of 5.52% in the past 24 hours. Featured image from Pexels, chart from Tradingview
Bitcoin remains above $118,000 after achieving a $1 trillion realized market cap, a key milestone reflecting its growing role in the global financial system.
Bitcoin delivers a classic liquidity grab with a correction below $115,000 only to bounce back, while traders eye a BTC price showdown with new all-time highs next.
The Senate Banking Committee introduced a discussion draft bill to address crypto market structure issues.
A young and tech-savvy population, combating inflationary pressures, is driving Bitcoin adoption and a new financial system in Pakistan.
The Base App's integration with Zora and Farcaster has made it easier for Web3 users to both discover and access these platforms.