TL;DR XRP breaks out of multi-year triangle, mirroring 2017 pattern with strong price momentum. Whale transfers and surging volume add speculation amid XRP’s sustained move above key levels. Analyst Javon Marks sees a potential 251% rally with a target of $9.63 or beyond. XRP Shows Strong Momentum Above 2017 High Ripple (XRP) was trading at […]
ETH has gained 16.7% in the past seven days and over 8% in the past 24 hours alone. This comes amid a heated rally in the broader cryptocurrency market where BTC’s price just reached a new all-time high above $118,000. Ironically, some warning signs are starting to pop already. According to popular on-chain monitoring resource Lookonchain, a […]
Around 36,800 Bitcoin options contracts will expire on Friday, July 11, and they have a notional value of roughly $4 billion. This event is larger than last week’s expiry but unlikely to be enough to influence spot markets, which have performed better towards the end of the week. US President Trump’s tariff deadline came and […]
TL;DR The popular crypto whale going by the X handle James Wynn suffered another painful liquidation, at least for one of their visible wallets, tracked by Lookonchain. This came as bitcoin’s price surge kept going in the past 12 hours or so, hitting a fresh all-time high above $117,000. James Wynn’s $BTC short position got […]
TL;DR Whale sends 25.49M XRP to Coinbase, sparking speculation of a potential market move. XRP forms a bullish inverse head-and-shoulders pattern; traders target a breakout toward $2.60. The holder count rises to 6.61M as wallet data indicates increasing long-term investor confidence. XRP Price Climbs as It Nears Resistance Ripple’s XRP was trading around $2.40 after […]
Ethereum has made a rare move north today, adding 7% in under 24 hours to reach $2,787 during early trading in Asia on Thursday morning. The four-week high is the highest the asset has traded since June 12, when it reached $2,870. However, heavy resistance lies at this level, and Ether has not traded above $3,000 […]
“Bitcoin has effectively cornered the world’s central banks, and there is no way out,” said author Adam Livingston on July 9. He added that the banks face an “unprecedented challenge,” in that they cannot print Bitcoin to defend their currency, which creates a “policy trilemma.” Policymakers essentially have three choices: they can raise interest rates […]
We’re only halfway through the year, but Ripple’s stablecoin, RLUSD, has made a serious entrance into the ranks of industry leaders. While some of the company’s plans may have seemed speculative, its steps into the TradFi space are steadily being solidified. Decisively Climbing The Ranks RLUSD quickly made waves by being designed to be Markets […]
Japanese energy consulting firm, Remixpoint, has announced that it has raised approximately 31.5 billion yen, worth around $215 million, through financing. All funds are allocated for the acquisition of Bitcoin. The company aims to hold 3,000 BTC in the near term. However, it warned that fluctuations in the crypto asset’s prices and its own stock […]
“Stablecoins are spreading the dollar faster than any financial tech in history,” said Electric Capital General Partner Maria Shen on Tuesday. “Ethereum is becoming the financial backbone,” she added, referencing a newly published research report on stablecoin demand for Ethereum’s tenth birthday. For the first time, anyone across the globe can hold US dollars via […]