The crypto market bounced back on Sunday after U.S. President Donald Trump said Americans could receive direct cash payments funded by tariff revenue. The announcement came through Trump’s Truth Social post, where he claimed the U.S. is bringing in “trillions of dollars” from tariffs. According to him, this money will be used to reduce the …
Canary Capital, Bitwise, Franklin Templeton, and 21Shares filed amended S-1 registration statements for spot XRP exchange-traded funds, introducing standardized listing language designed to streamline SEC review under existing 8(a) procedures.
XRP price started a decent increase above $2.350. The price is now consolidating and might aim for more gains above the $2.50 level. XRP price stayed above $2.120 and started a recovery wave. The price is now trading above $2.35 and the 100-hourly Simple Moving Average. There was a break above a key contracting triangle with resistance at $2.33 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it clears $2.50. XRP Price Starts Recovery XRP price started a recovery wave above $2.20 and $2.250, like Bitcoin and Ethereum. The price gained pace for a clear move above the $2.35 resistance. There was a break above a key contracting triangle with resistance at $2.33 on the hourly chart of the XRP/USD pair. The pair even surpassed the $2.420 barrier. A high was formed at $2.478 and the price started a consolidation phase above the 23.6% Fib retracement level of the upward move from the $2.240 swing low to the $2.478 high. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. The bulls are now active near $2.450. If there is a fresh upward move, the price might face resistance near the $2.480 level. The first major resistance is near the $2.50 level, above which the price could rise and test $2.550. A clear move above the $2.550 resistance might send the price toward the $2.650 resistance. Any more gains might send the price toward the $2.720 resistance. The next major hurdle for the bulls might be near $2.750. Another Decline? If XRP fails to clear the $2.50 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.420 level. The next major support is near the $2.3550 level or the 50% Fib retracement level of the upward move from the $2.240 swing low to the $2.478 high. If there is a downside break and a close below the $2.3550 level, the price might continue to decline toward $2.30. The next major support sits near the $2.250 zone, below which the price could continue lower toward $2.120. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.420 and $2.3550. Major Resistance Levels – $2.480 and $2.50.
The US Senate passed a key funding bill on Sunday night, marking the first step toward reopening the government.
Bitcoin treasury stocks may have seen the worst of their declines, with an investment firm ending its short position on Strategy after its mNAV decline “played out.”
XRP is one step closer to getting its own exchange-traded funds. Reports show that several XRP spot ETFs are now listed on the Depository Trust and Clearing Corporation (DTCC), which handles most stock trades in the United States. This listing means the funds are ready for trading once they get final approval from the U.S. …
Bitwise Asset Management CEO Hunter Horsley predicts an XRP exchange-traded fund (ETF) would be a big success if approved, given the strong global interest in the token. Horsley said there is “a ton of energy and enthusiasm” around XRP that sets it apart from many other crypto assets. In an interview with CoinDesk, Horsley explained …
Trump Media’s first earnings report after starting its Bitcoin buys shows it scooped up $1.3 billion, with the company saying it plans to buy more.
Ethereum price started a recovery wave above $3,350. ETH is showing positive signs but faces hurdles near the $3,720 resistance. Ethereum started a decent upward move above $3,350 and $3,400. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,720 zone. Ethereum Price Attempts Recovery Ethereum price managed to stay above $3,200 and started a recovery wave, like Bitcoin. ETH price was able to climb above the $3,350 and $3,400 resistance levels. There was a break above a bearish trend line with resistance at $3,350 on the hourly chart of ETH/USD. The pair surpassed the 50% Fib retracement level of the downward move from the $3,920 swing high to the $3,058 low. The upward move was such that the price spiked above $3,620. Ethereum price is now trading above $3,550 and the 100-hourly Simple Moving Average. If there is another recovery wave, the price could face resistance near the $3,650 level. The next key resistance is near the $3,720 level and the 76.4% Fib retracement level of the downward move from the $3,920 swing high to the $3,058 low. The first major resistance is near the $3,750 level. A clear move above the $3,750 resistance might send the price toward the $3,820 resistance. An upside break above the $3,820 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,880 resistance zone or even $3,925 in the near term. Another Decline In ETH? If Ethereum fails to clear the $3,650 resistance, it could start a fresh decline. Initial support on the downside is near the $3,580 level. The first major support sits near the $3,500 zone. A clear move below the $3,500 support might push the price toward the $3,450 support. Any more losses might send the price toward the $3,350 region in the near term. The next key support sits at $3,250 and $3,220. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,500 Major Resistance Level – $3,650
Federal Reserve Governor Stephen Miran argued that stablecoins’ potential multi-trillion dollar growth over the next five years will help push down interest rates.
Canary Capital CEO Steven McClurg said this week that the firm is expecting to launch its XRP ETF next week.
Bitcoin price is attempting to recover above $103,500. BTC could continue to move up if it clears the $106,500 resistance zone. Bitcoin started a decent recovery wave above the $103,500 support. The price is trading above $104,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $102,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it clears the $106,500 zone. Bitcoin Price Recovers 3% Bitcoin price managed to stay above the $101,000 support level and started a recovery wave. BTC recovered above the $102,500 and $103,500 resistance levels. There was a break above a key bearish trend line with resistance at $102,000 on the hourly chart of the BTC/USD pair. The pair even climbed above $105,000. Finally, it tested the $106,500 resistance zone. A high was formed at $106,593 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $99,222 swing low to the $106,593 high. Bitcoin is now trading above $104,000 and the 100 hourly Simple moving average. If the bulls attempt another recovery wave, the price could face resistance near the $106,000 level. The first key resistance is near the $106,500 level. The next resistance could be $107,500. A close above the $107,500 resistance might send the price further higher. In the stated case, the price could rise and test the $108,000 resistance. Any more gains might send the price toward the $109,200 level. The next barrier for the bulls could be $109,800 and $110,500. Another Decline In BTC? If Bitcoin fails to rise above the $106,500 resistance zone, it could start another decline. Immediate support is near the $104,850 level. The first major support is near the $104,200 level. The next support is now near the $103,500 zone. Any more losses might send the price toward the $102,900 support in the near term. The main support sits at $102,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $104,850, followed by $104,200. Major Resistance Levels – $106,000 and $106,500.
Prediction markets flipped overnight after Senate negotiators reached a bipartisan funding deal, sending crypto and risk assets higher on expectations that Washington will reopen before Veterans Day.
Crypto markets could get a lift as Politico reports the US Senate has reached a deal on a multi-part budget bill to end the government shutdown.
The cheap network fees are a boon for traders but could signal long-term fundamental issues with Ethereum's revenue generation model.
The hardware wallet manufacturer is having its best year yet, its CEO told the Financial Times, even ahead of an expected holiday season boost in sales.
Large, long-term crypto and Bitcoin investors continue to sell into the market, keeping asset prices from hitting a blow-off top.
XRP has spent the past week on the continuation of a downtrend from the previous week, slipping from above $2.50 before rebounding around $2.12 and now hovering around $2.30. The price action reflects a market struggling to find direction, caught between bullish optimism and lingering selling pressure. Despite the broader slowdown in its price action, technical analysis shows that XRP is still displaying a resilient structure on the charts that maintains its critical support levels. According to Egrag Crypto, a popular analyst known for his long-term technical outlooks on XRP, the token may soon enter what will become the most explosive fifth wave yet. Related Reading: XRP’s Price Doesn’t Match Its Growing Real-World Use, Study Finds XRP Elliott Wave Analysis: ‘The Power Of 5’ Egrag Crypto’s latest technical analysis on the social media platform X points to the fact that XRP is in the final stages of its fourth impulse wave, which is a corrective wave based on the popular Elliott Wave Theory. Notably, this movement is now setting up for the beginning of the fifth wave, which is a bullish impulse under the same theory. Looking at previous cycles on the 5-day candlestick timeframe chart, particularly during 2017 and 2021, showed that similar setups came before massive upward surges in XRP’s price. The analyst’s chart displays a repeating structure of five-wave patterns, each representing major bullish impulses in the token’s history. The chart also reflects the distinct cyclical rhythm of XRP’s price behavior over the years. Each major impulsive phase (waves 1, 3, and 5) has always been followed by smaller corrective waves (2 and 4), a structure that continues to repeat with precision. The overlapping bands in cyan and pink, representing exponential moving averages, now point to XRP consolidating within a strong support region around $2.20, which indicates that the fourth impulse wave is coming to an end. XRP Technical Analysis: Source @egragcrypto on X Analyst Says Don’t Fight It By Egrag Crypto’s measure, the ongoing consolidation might be setting the stage for a similar move to double-digit prices if the fifth wave unfolds as projected. The visual projection marks potential Fibonacci extensions of 1.272, 1.414, 1.618, and 2.618 at $4.789, $5.515, $6.755, and $18.259 as possible long-term targets once the fifth wave takes hold. These levels may act as resistance points in the impending bull phase because they resemble the wave geometry that drove XRP’s earlier rallies in 2017 and 2021. Interestingly, the analyst also referenced how skepticism often peaks before major rallies. He reminded followers of a trader who lost $30 million shorting XRP during its last major uptrend in 2024. As such, the analyst concluded by urging traders not to “fight the fifth wave” but to “ride it.” Related Reading: Get Ready — The End Of November Will Be Massive For XRP, CEO Says At the time of writing, XRP is trading at $2.27, down by 1.6% and 9.2% in the past 24 hours and seven days, respectively. Featured image from Unsplash, chart from TradingView
Spot crypto trading products involving margin, leverage, and financing could launch on regulated exchanges as soon as next month, according to the report.
Transak co-founder and CEO Sami Start said stablecoin adoption will feel increasingly invisible as they are folded into consumer applications.
Renowned short seller James Chanos has officially closed his $MSTR/Bitcoin hedged trade after 11 months, marking an end to his high-profile bet against Bitcoin-linked equities and Strategy stock. The unwinding of institutional short positions is a trend reversal indicator that could mean the worst for Bitcoin treasury companies is behind them. The bitcoin treasury ecosystem […]
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After a disappointing performance during the week, the price of Bitcoin has continued its sluggish action over the weekend. According to data from CoinGecko, the premier cryptocurrency has been hovering around the $102,000 level over the past 24 hours. While this current choppy price action seems like an improvement from the severe downturn witnessed in recent days, it doesn’t particularly bring calm to the world’s largest cryptocurrency. Interestingly, the latest on-chain data suggests that the Bitcoin price might still be at risk of further correction in the coming days. Why BTC Price Might Find Bottom Around $95,000 In a November 8 post on the social media platform X, on-chain analyst Burak Kesmeci predicted the local bottom for the price of Bitcoin. According to the crypto pundit, the flagship cryptocurrency could fall to as low as $95,000 before seeing relief and perhaps rebounding to new price highs. Related Reading: Ethereum Price Surge To $5,500: What To Watch Out For To Mark The Bottom The relevant metric here is the Realized Price of Unspent Transaction Output (UTXO) age bands, which evaluate the holding pattern of different investor classes through their different realized prices. The UTXO age bands metric tracks the average price at which Bitcoin holders purchased their coins compared to how long they’ve held the assets. The age bands under focus in Kesmeci’s analysis are the 1-week to 1-month group (green line) and the 1-month to 3-month cohort (purple line), which offer insight into short-term holders’ behavior and overall market sentiment. According to the on-chain analyst, the green line has crossed below the purple line three times in 2025. Kesmeci noted that this cross often preceded short-term corrections, including the ones seen on February 24 ($99,000 to $76,000) and September 8 ($117,000 to $109,000). Similarly, this cross occurred on November 1, with the Bitcoin price falling from $110,000 to $99,000. Furthermore, the average dip suffered by the Bitcoin price on these three occasions stands at around 13.3%, with a 45-day consolidation period. Based on this historical pattern, Kesmeci expects the Bitcoin price bottom to form around the $95,000 and $96,000 region after the most recent crossing of the 1-week to 1-month band below the 1-month to 3-month band. Kesmeci concluded: In short, long-term investors are in the red, and this is an undesirable situation for a bull cycle. However, if history repeats itself, Bitcoin may “catch its breath” once more in this region and prepare the ground for a new rise. Bitcoin Price At A Glance As of this writing, the price of BTC stands around $102,440, reflecting a nearly 1% decline in the past day. Related Reading: Bitcoin May Launch Recovery To $120,000 If This Condition Holds – Details Featured image from iStock, chart from TradingView
Álvaro Romillo, also known as CryptoSpain, has also reportedly admitted to funding the campaign of a far-right MEP with a €100,000 euro cash donation.
Investors saw the announcement as a positive catalyst for crypto markets, but the proposed stimulus hinges on a Supreme Court ruling.
Bitcoin’s recent struggle to hold the $100,000 level has revived familiar doubts about whether institutional demand is durable. However, in a new filing with the US Securities and Exchange Commission, BlackRock signals the opposite conclusion, saying its conviction in Bitcoin’s long-term relevance remains intact despite short-term market weakness. The firm frames Bitcoin as a decades-long […]
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American Bitcoin, the Nasdaq-listed mining and treasury firm backed by Eric Trump and Donald Trump Jr., has raised its Bitcoin stash to 4,000 BTC, worth about $415 million, according to a company announcement released Friday. Related Reading: XRP On Fire: Over 21,000 New Wallets Appear In 48 Hours The firm purchased nearly 170 BTC between October 24 and November 5, a haul valued at more than $14 million at current market rates. American Bitcoin Boosts Holdings Eric Trump, listed as co-founder and Chief Strategy Officer, said the company is growing its stock of Bitcoin through a mix of scaled mining operations and market purchases. Reports have disclosed that this size of accumulation puts American Bitcoin at about the 25th spot among corporate Bitcoin holders, based on data from Bitcointreasuries.net. The Michael Saylor-led Strategy (formerly MicroStrategy) remains far ahead as the largest corporate holder with more than 641,000 BTC on its books, worth around $66 billion. Trump-Linked Ventures Report Large Crypto Gains Based on reports, members of the Trump family have collected roughly $1 billion in pre-tax gains over the last year from a range of crypto projects. Those projects include memecoins such as TRUMP and MELANIA, which together reportedly brought in about $427 million, plus the WLFI token with about $550 million in gains. Reports also point to big outside backers. Chinese entrepreneur Justin Sun is reported to have invested $75 million in WLFI, while Abu Dhabi’s MGX fund is said to have provided $2 billion to Binance using the USD1 stablecoin. The family’s various ventures have pushed their combined crypto exposure into the multi-billion dollar range. Mining Margins Squeeze Firms After Halving Miners across the sector are feeling pressure after the 2024 Bitcoin halving cut block rewards from 6.25 BTC to 3.125 BTC. That change tightened profit margins, forcing some operators to seek new revenue streams, including AI-focused computing services. American Bitcoin’s model ties mining and treasury accumulation together, but the economics for smaller miners are getting tougher. TRUMP MEDIA AND TECHNOLOGY GROUP HOLDS OVER $1 BILLION OF BITCOIN Trump Media and Technology Group ($DJT) has disclosed holdings of over $1.3 Billion of BTC as of September 30th 2025.$DJT holds $BTC. pic.twitter.com/WzAIOnN29y — Arkham (@arkham) November 8, 2025 Trump Media’s Holdings And The Broader Picture Regulatory filings show that Trump Media and Technology Group now holds more than 11,500 BTC, worth over $1.3 billion, even as the company records heavy operating losses. Related Reading: XRP’s Price Doesn’t Match Its Growing Real-World Use, Study Finds The concentration of Bitcoin across several Trump-linked businesses points to a deliberate strategy: treat Bitcoin as a reserve asset and a core part of several commercial efforts. Bitcoin was trading at $102,175 at press time, up a meager 0.3% over 24 hours. That price sits about 15% below the all-time high of $126,000 reached in early October. Featured image from Unsplash, chart from TradingView
Bitcoin has rebounded above $103,000, lifting altcoins.
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The rally comes after a broader weekly slump, with the CoinDesk 20 (CD20) index recovering from a near 15% drawdown over the week.