Riot Platforms' Bitcoin sale highlights the strategic shift towards funding growth and operational efficiency, impacting future market dynamics.
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XRP has surged past recent resistance with impressive momentum, signaling strength in the current rally. However, the real challenge now lies at the $2.41 cost-basis zone, a key area where a significant amount of XRP was previously accumulated. How price reacts here will likely dictate whether bulls can maintain control and push toward higher targets, or if selling pressure creates a temporary pause or pullback. XRP Approaches A Critical Cost-Basis Resistance At $2.41 According to a recent update from Steph Is Crypto, XRP is now at a pivotal crossroads, with price action increasingly centered around the $2.41 level. This zone stands out as a major cost-basis wall where several technical and on-chain signals align, making it a decisive area in determining whether the current rally can extend or begin to stall. Related Reading: XRP Enters A Make-or-Break Zone As This Long-Term Support Cracks The cost-basis distribution heatmap highlights the $2.41 region as a dense supply cluster. Cost basis represents the price levels at which tokens were previously acquired. When the price returns to these areas, they often attract heightened trading activity. On-chain data shows that between $2.39 and $2.41, roughly 1.56 billion XRP were accumulated. Many holders who bought in this range may look to exit positions to break even as the price revisits the zone, introducing selling pressure and reinforcing the area as resistance. This dynamic is also reflected in the XRP price chart, which shows repeated hesitation and multiple rejections around the same level. The alignment between on-chain supply data and technical price action suggests that $2.41 is an important level that XRP must overcome decisively to unlock the next leg higher. Wave 3 Breaks Out Above The 2.618 Extension With Strong Momentum Tara revealed that XRP’s Wave 3 has delivered a powerful breakout, pushing beyond the 2.618 Fibonacci extension and clearing the macro resistance at $2.30. This move was accompanied by a strong RSI reading, signaling strength behind the advance. Related Reading: XRP Price May Be Bearish Below $2, But On-Chain Data Tells A Different Story With Wave 3 extending higher, Tara identified $2.49 as the next key upside target, which aligns with the 0.618 Fibonacci extension of the fifth wave. Despite the strength of the move, Tara advised preparing for a short-term pullback. A brief retracement could allow the RSI to cool off, creating healthier conditions for the next leg higher and potentially setting up a clearer divergence on a renewed push. As long as XRP remains above the macro 0.236 Fibonacci level, the broader bullish structure stays intact. Tara is closely monitoring lower-timeframe support zones, marked in green, while continuing to track the move as a developing Wave 1/3 impulse. Featured image from Adobe Stock, chart from Tradingview.com
The Senate is approaching a potential markup that may advance crypto legislation to a vote, and industry insiders are amassing for a lobbying push this week.
MSCI will keep crypto-heavy firms in its indexes through February, deferring changes after investor feedback raised classification concerns.
XRP has shown a notable uptick in price action in the past 48 hours as XRP’s price pushed higher from below $2 at the beginning of the year, but it now finds itself trading near the $2.40 region. Interestingly, this recent push is more than just a bounce, especially as a longer-term chart structure shows comparisons with XRP’s behavior ahead of its 2017 breakout. How The 2017 Structure Unfolded Before The Surge Technical analysis of XRP’s current price action on the weekly candlestick timeframe chart shows that the cryptocurrency is currently tracing out a similar price action to what it went through back in 2017 on the 3-day chart. In that earlier period, price action unfolded through a well-defined five-wave sequence, characterized by alternating phases of decline and recovery. Waves one, three, and five each pushed the price lower with corrective pressure, while waves two and four produced temporary rebounds that relieved selling pressure but failed to establish a lasting trend reversal. Related Reading: Bitcoin Price Parabola: What’s Different Between The Last Bull Cycle And This One? The final stage of that sequence was particularly important. During the fifth wave, XRP’s decline slowed and compressed into a falling wedge formation. XRP’s price slipped below the $0.005 level and eventually stabilized around $0.00485, where downside follow-through became increasingly limited. From here, the downside pressure gradually weakened, volatility contracted, and selling momentum faded. When XRP finally broke out of that compression, it quickly reclaimed the $0.008 zone and broke through $0.02, resulting in the start of a rally that ultimately delivered gains well in excess of 1,000%. XRP Price Chart. Source: @Steph_iscrypto According to Steph’s analysis, XRP’s recent price action is following a remarkably similar rhythm. After topping out around $3.40 in mid-2025, the cryptocurrency entered a corrective phase that pushed the price steadily lower to create a falling wedge structure. That decline found support at $1.74, where selling pressure slowed and price action stopped making aggressive new lows. Now, it seems XRP is breaking out of the falling wedge and back to solidifying its price action above $2. XRP Price Action In Focus Now that XRP is back to trading above $2 and above the falling wedge, the next course of action is to look at how the price behaves from here. Of course, the most bullish course of action is for XRP to repeat a 1,000% rally, which would place it at a price target around $22. Related Reading: Popular Crypto Founder Dumps Millions In Ethereum, Here’s What He’s Buying In terms of how this plays out, there are resistance levels to watch out for. The $2.30 area is an early test, followed by $2.50 and $2.80, which are prior consolidation levels where XRP slowed down during its push to all-time highs in 2025. After that, the $3.10 price level and the previous 2018 high at $3.40 are the major resistances that would need to be reclaimed. On the downside, sustained weakness below $1.90, and especially a move back toward $1.74, would challenge the idea that the corrective phase has fully played out. Featured image created with Dall.E, chart from Tradingview.com
MSCI Inc., a global provider of stock market indexes, has made its decision on digital assets treasury (DATs) companies. The $18 trillion stock index will allow companies such as Strategy Inc. (NASDAQ: MSTR) to remain in MSCI-related global indexes. MSCI Bends to Public Demand for Bitcoin and Crypto According to the announcement. DAT companies MSCI …
The Senate Banking Committee will vote on its crypto market structure bill next week, even as Democrats and Republicans still appear far apart on major sticking points.
MSCI won’t drop firms like Strategy from indexes yet, but a broader rule change may still be on the table
XRP surged 12% to reach $2.42 on January 6, marking its highest price since mid-November 2025, before hovering around the current $2.35 mark. Related Reading: Here’s Why The Shiba Inu Price Jumped Over 13% The jump coincided with a strong influx of capital into XRP-focused exchange-traded funds (ETFs), technical breakout patterns, and a sharp reduction in short positions. These aspects combined to drive one of the most notable rallies in the crypto market’s early 2026 recovery phase. XRP's price trends to the upside on the daily chart. Source: XRPUSD on Tradingview XRP ETF Inflows and Institutional Interest Fuel Gains Spot XRP ETFs recorded $48 million in net inflows on January 5 and 6, marking the largest daily inflows since their launch in November 2024. Over the past eight weeks, these ETFs have experienced a consistent inflow of approximately $1.23 billion, reflecting a growing institutional appetite for XRP exposure. The increased buying pressure from these funds is helping absorb selling pressure and reduce the available supply on exchanges. Vincent Liu, Chief Investment Officer at Kronos Research, noted that ETF inflows combined with XRP breaking key resistance levels on strong volume have heightened traders’ risk appetite. This institutional interest is supported by regulatory clarity following 2025’s Ripple’s settlement with the U.S. Securities and Exchange Commission (SEC), which removed a major obstacle to adoption. Technical Breakout and Short Squeeze Accelerate Price Movement Technical analysts point to a breakout from a falling wedge pattern, with XRP maintaining levels above its 50-day moving average, a positive indicator for momentum traders. During the price surge, over $250 million in short positions were liquidated within a single hour, adding fuel to the rally by forcing short sellers to cover their bets. Renowned trader John Bollinger, inventor of the Bollinger Bands, commented that XRP is following a similar bullish pattern to Bitcoin and Ethereum but with slightly weaker momentum. Nonetheless, he suggested that XRP’s price could track Bitcoin’s upward trend, with analysts projecting a potential target near $3.50 if current support levels hold. Broader Market Context and Future Outlook XRP’s rally comes amid a broader crypto market recovery, with Bitcoin and Ethereum rising 7.4% and 9.3% respectively over the past week. On-chain data indicate a decline in XRP balances on centralized exchanges, suggesting reduced selling pressure. Institutional backing continues to grow, with PwC recently endorsing Ripple as a core player in blockchain-based financial services. Major banks such as Standard Chartered have projected XRP prices as high as $8 by the end of 2026, based on Ripple’s increasing integration in cross-border payments and settlement solutions. Related Reading: John Bollinger: Bitcoin BB Squeeze Breakout Targets $107,000 As market sentiment improves and regulatory uncertainties ease, XRP appears positioned to benefit from both technical momentum and growing institutional demand. Traders will be watching closely to see if XRP can sustain gains above key resistance zones around $2.30 and potentially push toward higher price targets. Cover image from ChatGPT, XRPUSD chart on Tradingview
EVA AI is launching a pop-up Café where users can dine with their AI companion, even as experts caution against substituting human connection.
MSCI said it will continue to speak with market participants and evaluate whether it needs to create new “assessment criteria."
Tether moved to establish a new unit of account for gold, arguing that transactions denominated in "Scudo" could simplify digital payments.
On paper, the U.S. national debt is a number so big it stops feeling real. Trillions do that to your brain. So let’s bring it back down to human size for a second. If you spread today’s federal debt across U.S. households, you land at roughly $285,000 per household, depending on the day you do […]
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A protocol-level flaw allowed assets to be duplicated rather than minted, prompting a network halt and a governance-led recovery process.
Japan’s integration of XRP into regulated capital flow infrastructure marks a decisive shift in how digital assets are being positioned within modern finance. The move suggests that XRP is transitioning from a cross-border payments tool into a component of regulated capital flow infrastructure. It also reframes XRP as a settlement layer increasingly aligned with institutional standards, compliance frameworks, and real-world financial throughput. Why This Integration Marks A Structural Inflection Point For XRP The Japanese are embedding XRP and crypto into core capital flows. Crypto analyst Xfinancebull revealed that when the Japanese finance minister openly supports crypto integration within stock exchanges, it’s not just policy. Rather, it is a regulatory green light for integration into core capital markets. Related Reading: XRP Advances As A Recognized Digital Asset In Regulated Markets — Here’s How Furthermore, this move will open the door to a $7 trillion value in equity rails and provide the altcoin a direct path to be regulated into Exchange-Traded Products (ETPs), broker access, and structured products. With SBI corridors and RLUSD already live, this has become a demand engine, not a theory. XRP has been integrated into Japan’s financial system for years, backed by real-world infrastructure and regulated clarity. The alignment between rails and regulation is rare, but now the capital can meet the infrastructure. According to an analyst known as UnknowDLT, not enough has been said about GTreasury. Currently, Ripple is partnering with JPMorgan. This partnership is an infrastructure-level connection that has placed Ripple technology to directly access the corporate payment rails used by JPMorgan and other large banks. By integrating Ripple’s stack at this layer, it will allow XRP to be used as a settlement asset or a backend liquidity layer, without the end user explicitly using the altcoin. When inserted behind the scenes, the altcoin can reduce prefunding, optimize liquidity, and act as a neutral bridge asset between currencies and systems. How Demand Steps In At Key Structural Level For XRP Crypto trader known as ZiP on X has highlighted that the support zone at the end of November has now been clearly defended, and the market responded with two strong bullish candles on the weekly chart. This is the first clear sign that demand has stepped in exactly where it should be on the higher timeframe. Related Reading: Analyst Updates XRP Price Prediction: Why $16 Is Still On The Table Currently, the XRP price is approaching a key decision area around $2.30, a zone that stands out as the area where supply may become active and attempt to show or stop the move higher. The reaction from this zone will show the market’s next move. However, if demand manages to break through the $2.30 level and hold the price above it on a weekly closing basis, it would signal acceptance, as the next significant resistance sits around $3.20. Featured image from Adobe Stock, chart from Tradingview.com
MSCI announced it will keep digital asset treasury companies in its global indexes, citing investor feedback and the need for further study on non-operating firms.
Canaan‘s pilot program will use the miner‘s liquid cooling systems to supplement the power needed to heat intake water for the greenhouses, helping grow tomatoes.
Analysts broadly agree that U.S. crypto exchanges need to diversify beyond spot trading, but differ on whether newer products can meaningfully reduce earnings volatility.
Shares of the Michael Saylor-led firm had been under pressure not just from weak bitcoin prices, but also the chance that the indexing giant might exclude DATs from its indexes.
Solana saw $1.4 billion in REV, a controversial measure of user-generated value, while driving down average network fees.
The Solana-native token is backed by USDtb and USDC and is designed to serve as a settlement asset across Jupiter’s DeFi stack.
Dogecoin (DOGE) has extended its rally into early 2026, showing signs of sustained momentum as the memecoin space experiences renewed interest. Related Reading: Here’s Why The Shiba Inu Price Jumped Over 13% After a nearly 30% rise over four days, DOGE is consolidating above key technical levels, supported by rising trading volumes, derivatives data, and the growing popularity of leveraged Dogecoin ETFs. DOGE's price trends to the upside on the daily chart. Source: DOGEUSD on Tradingview Technical Momentum Supports Dogecoin Consolidation Dogecoin’s recent surge began after establishing a base around $0.132, breaking through resistance zones at $0.145 and $0.150. The rally peaked near $0.154 before entering a consolidation phase, a typical pattern in trending markets that suggests a healthy price structure rather than a sharp reversal. Currently trading near $0.151, DOGE remains above short-term moving averages, with immediate support levels at $0.150 and $0.145. Technical indicators, like the RSI, are above 50, signaling ongoing bullish momentum. However, some oscillators near overbought territory suggest that minor pullbacks could occur. On the upside, breaking through the $0.154 to $0.155 resistance range could pave the way for targets between $0.162 and $0.166, with potential extensions toward $0.175 and $0.180. Conversely, a drop below $0.142 may open the door to lower support levels near $0.135. DOGE ETF Activity and Whale Accumulation Fuel Rally The derivatives market reflects growing confidence in DOGE. Open interest in Dogecoin futures recently peaked at 13.47 billion contracts before a slight controlled decline, indicating leveraged positions are being managed cautiously rather than rapidly unwound. Adding to the momentum, a 2x leveraged Dogecoin ETF has become one of the top-performing ETFs in the first quarter of 2026, highlighting renewed institutional and retail interest. These ETFs amplify buying pressure by requiring fund managers to adjust their holdings to maintain leverage, effectively creating a feedback loop that can boost DOGE’s price during upswings. Large holders, or whales, have been active, purchasing hundreds of millions of DOGE tokens within a short span. This accumulation suggests confidence in further upside and can create a supply squeeze that reinforces price gains. Memecoin Revival Reflects Broader Market Trends Dogecoin’s rally is part of a larger revival in the memecoin sector. The overall market capitalization of memecoins has increased by more than 30% recently, reaching nearly $48 billion after months of underperformance. Historically, periods of low memecoin dominance often precede significant rallies, and DOGE, as the original and most liquid memecoin, frequently leads these cycles. Related Reading: John Bollinger: Bitcoin BB Squeeze Breakout Targets $107,000 The broader crypto market’s relative stability, particularly in Bitcoin and Ethereum, supports speculative flows into high-beta assets like DOGE. Additionally, social media engagement and mentions from influential figures can provide further catalysts, although these factors remain unpredictable. Cover image from ChatGPT, DOGEUSD chart from Tradingview
A sweeping bill to regulate the crypto industry in the Senate Banking Committee is moving forward, one way or another, in the new year.
Bitcoin and ether are off to a strong start this year, and Bitwise says the path to new highs hinges on market stability, U.S. legislation and calm equities.
Bitcoin has stormed into 2026 by rising to its highest level in over a month after climbing above $94,000 on Jan. 5, signaling a potential end to the stagnation that plagued the crypto market in late 2025. This rally marks a decisive shift in sentiment, given that the flagship digital asset closed the previous year […]
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xAI closed a $20B Series E to expand Colossus compute and scale Grok products across , Tesla, and enterprise apps.
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The former CFTC commissioner and Donald Trump’s first pick to chair the agency will join investment company SUI Group's board and support the company’s treasury strategy.
A prominent crypto commentator known as Mason Versluis has issued a notable warning for XRP investors, pointing out that parts of the discussion around XRP to lofty price targets as high as $10,000 have drifted far away from reality and risk misleading investors. Pundit Pushes Back Against $10,000 XRP Predictions Bullish price predictions around XRP have been arriving at an unusually fast pace in recent months, especially as spot exchange-traded funds and institutional participation are now a major part of investor conversations. Related Reading: The Great XRP Exodus: Here’s How Much Is Left On Crypto Exchanges Social media platforms are now filled with increasingly high targets, ranging from triple-digit valuations to extreme calls for four-figure and even five-figure prices at $10,000. Just a few years ago, you would not have believed such XRP price predictions would be as rampant as this. In a recent video clip circulating across the crypto community, Mason Versluis delivered an unusually blunt assessment of the $10,000 predictions for the altcoin. He dismissed the figure outright, noting that such price targets should not even be part of current conversations. According to Versluis, anyone aggressively promoting those numbers is doing investors a disservice and misleading them. His argument is based on the fact that XRP has yet to demonstrate the ability to break above far lower price levels, making five-digit projections detached from present conditions. A closer look at XRP’s circulating supply explains why the $10,000 prediction raises doubts. XRP currently has a circulating supply of about 66 billion tokens with a market cap of $141.9 billion. Therefore, calculations based on the current circulating supply would imply a market cap of roughly $660 trillion if the altcoin reaches $10,000, which is far greater than the current top 100 assets by market cap combined. To put this in context, gold currently has a market cap of about $31 trillion. The most realistic way that the token might reach $10,000 is for the circulating supply to decrease significantly. Bullish Bias Exists, But Built Around Progression According to Versias, XRP reaching $10,000 is not outright impossible. However, the world has only seen roughly 2% of the changes that would be required for XRP to approach a $10,000 valuation. Related Reading: Here’s How Much The XRP Price Will Be If It Overtakes Ethereum In Market Cap XRP has not even reached $10, let alone maintained it. In order for any outstanding price levels to become a reality, XRP would first need to break above double digits $10, and hold above. From here, discussions about $50, $100, or higher only become meaningful after XRP proves strength at each preceding level. Despite the criticism, Versluis made it clear that his outlook on XRP is not bearish. He acknowledged that his stance has grown increasingly optimistic due to developments such as ETF momentum, DeFi activity, and institutional engagement surrounding XRP and the XRP ledger, continuing to improve. Featured image from Adobe Stock, chart from Tradingview.com
Bitcoin’s liquidation map is still heavily biased toward a downside liquidity sweet, but a swift rally to $100,000 could quickly turn the tables in the bulls’ favor.
Security researchers spoke to CoinDesk about how users can protect themselves after Monday’s breach.