After long years of muted performance, the XRP price had rebounded in 2024, pushing close to its $3.8 all-time high, but not quite hitting the mark. This comes after the legal battle with the United States Securities and Exchange Commission (SEC) ended in 2024, triggering a wave of recovery. Since then, though, the XRP price seems to have hit a ceiling and has been on a downtrend for over a year. This has pushed the price toward $1, an over 60% decline from its 2024 peaks. Despite this, predictions continue to pour in that the price moving above $10 is only a matter of time as XRP continues to be one of the most popular cryptocurrencies in the space. The XRP Dream Has Changed From $1 Crypto analyst Crypto Patel took to the X (formerly Twitter) platform to explain where the investor mindset is sitting at now and how the dream seems to have changed. Pointing to historical performance, the analyst recalls how the dream was for XRP to actually reach $1 back when it was trading at around $0
Bitcoin price started a fresh decline below the $62,500 zone. BTC is showing bearish signs and might continue to move down if it dips below $61,200. Bitcoin failed to stay above $63,200 and extended losses. The price is trading below $62,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance near $62,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $62,500 and $63,500 levels. Bitcoin Price Dips Toward Support Bitcoin price failed to stay above the $63,500 support zone. BTC remained in a bearish zone and extended losses below the $63,200 level. There was a move below the $62,500 level. The price even dipped below $61,200. A low was formed at $60,746 and the price is still showing many bearish signs. There was a minor increase above the 23.6% Fib retracement level of the downward move from the $64,613 swing high to the $60,746 low. Bitcoin is now trading below $62,500 and t
XRP is struggling to hold the $1.10 mark as the market faces uncertainty that has left the price grinding in a range that offers little clarity on which direction the next significant move arrives from. The price action is uninspiring — but an Arab Chain analysis tracking Binance reserve dynamics has identified a structural development […]
Brad Garlinghouse has endorsed claims that Wall Street firms are increasingly pursuing the same institutional finance strategy that XRP was once criticized for supporting. According to comments shared on X, Ripple CEO Brad Garlinghouse responded with a one-word endorsement after…
Ethereum (ETH) is attempting to consolidate at price levels not seen since April of last year, following a 31% decline over the monthly time frame. Trading around $1,606, ETH sits nearly 70% below its all-time high of $4,945 — and according to one indicator, the drawdown may not be over. Another 56% Drop Ahead? Market […]
CME Group has launched Nasdaq CME Crypto Index futures, giving investors a regulated way to trade and hedge broad exposure to major digital assets. The contracts settle against a Nasdaq-CME benchmark covering some of the largest and most actively traded cryptocurrencies. Nasdaq and CME Launch Crypto Index Futures Tied to 8 Leading Tokens CME Group […]
Bitcoin fell to its lowest weekly close since the second half of 2024 last week, capping a stretch that has now stripped more than 8% of its value in seven days and pulled the broader crypto market to levels not seen since early in the year. Related Reading: Security Milestone: XRP Lending Protocol Completes Military-Grade Assessment A Pattern Worth Watching The weekly relative strength index is holding higher lows even as price prints lower ones — a divergence that last appeared in the lead-up to Bitcoin’s recovery from the 2022 bear market bottom. Whether that parallel plays out the same way remains to be seen, but it is the detail technical traders are watching most closely right now. On Monday, with Bitcoin trading below $62,000, Binance founder Changpeng Zhao, a.k.a. CZ, posted two lines on X. Bitcoin won’t be dead for too long, he wrote, signing off with a reference to the Douglas Adams line — don’t panic, in large friendly letters. The message was short, deliberate, and timed to
The proposed SEC reforms could streamline compliance, reduce costs for mid-cap firms, and broaden market access, impacting capital dynamics.
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