BitcoinEthereumNews·
The post XRP Is Set for a 16% Breakout, but Only if the Market Leader Behaves appeared on BitcoinEthereumNews.com. The XRP price is trading near $1.09, and its chart is quietly turning bullish. A classic reversal pattern is taking shape just as selling volume fades and Bitcoin, the coin XRP still tracks, holds firm. That mix hints at a possible double-digit breakout. The catch is that XRP’s fate stays tied to the market leader. XRP Draws a Bullish Pattern as Bitcoin Holds Firm On the daily chart, XRP is shaping a cup and handle, a rounded base followed by a small dip that often leads to a breakout. That said, the cup formed between June 22 and July 4, and the handle is taking shape now. If it completes, the pattern points to a move of roughly 16%. XRP Cup and Handle Setup: TradingView The volume supports it. Selling volume has faded since July 6, a sign the pullback is losing steam rather than building. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypt
Read full articleXRP has moved back into a zone traders are watching closely, with the $0.50 area acting as the line that decides whether the latest rebound has real structure behind it. The more interesting detail is that derivatives in
The post Nigerian Naira (NGN) and Vietnamese Dong: Why You Should Not Underrate The Fiat Currencies That Are Becoming Promising Markets for USDT and Bitcoin appeared on BitcoinEthereumNews.com. Crypto exchange has long expanded beyond simple dollar and euro trading pairs. In many cases, users need to solve a specific task: buy USDT with local currency, exchange Bitcoin for fiat, receive money from abroad, or quickly convert funds for payments. As a result, local fiat currencies are becoming increasingly important within the exchange market. For these use cases, the exchange route itself becomes the deciding factor. NGN (the Nigerian naira) and VND (the Vietnamese dong) clearly illustrate this shift. Demand in these markets is driven by routine transactions involving local currencies, stablecoins, and Bitcoin. Most often, users are buying USDT, entering Bitcoin positions, or cashing out into local currency through a straightforward and efficient exchange route. If you already know what
The post Zcash price rejected at $500 resistance, yet charts point to another rebound appeared on BitcoinEthereumNews.com. Zcash price has pulled back from the $500 resistance zone after a sharp rally driven by renewed optimism around the upcoming Ironwood upgrade, although technical indicators still favor another attempt higher if key support levels continue to hold. Summary Zcash price has retreated from the $500 resistance after profit-taking, but continues to hold above the key $440 support zone. Technical indicators and liquidation data suggest a break above $480 could trigger another move toward the $500-$540 region. Rising geopolitical tensions, weaker institutional crypto demand, and regulatory pressure remain the biggest risks to the bullish outlook. According to data from crypto.news, Zcash (ZEC) price climbed to an intraday high of around $505 before retreating to about $466 on July 8 as traders locked in profits after a nearly 28% advance. The rejection came as leveraged lo
The post Bitcoin Hasn’t Fully Capitulated Yet: Analysts Warn of Lower Levels Ahead appeared on BitcoinEthereumNews.com. What does BTC’s latest rejection mean for the asset’s upcoming price moves? There’s a lot that’s not going bitcoin’s way at the moment, but we will delve into that in a moment. For this intro, we will just suggest that BTC might actually be performing better than expected, at least for now. However, the latest rejection at $64,000 could spell more trouble ahead, and here are the new bearish targets set by Ali Martinez and Ted Pillows. No Bottom Yet Just think about it – the war was essentially just restarted today as Iran and the US launched new strikes against each other, Strategy sold more than 3,500 BTC, recent reports suggested a major miner capitulation, AI continues to extract capital out of crypto markets, the BTC ETFs bled over $8 billion in two months, the Fed doesn’t seem inclined to lower the rates soon, and yet, the cryptocurrency still trades above $60,
The post One Bitcoin treasury’s paper loss just made Strategy’s stress everyone’s problem appeared on BitcoinEthereumNews.com. Bitcoin treasury preferred stocks are moving from a simple income story into a credit test on Bitcoin balance sheets. Strategy remains the center of gravity, but Strive, the 7th largest public Bitcoin holder, has now put the spillover in public numbers: another Bitcoin treasury company held a Strategy preferred stock and watched that position become a market signal of stress. In its June 29 update, Strive disclosed that it held the same 505,000 STRC shares on June 18 and June 26, while the fair value of that position fell from $44.738 million to $37.658 million. That $7.08 million change happened without a disclosed change in the STRC share count. On a simple division of the filed fair-value figures, Strive’s implied mark moved from roughly $88.59 per share to $74.57 per share in eight days. The disclosure stops short of proving insolvency, forced selling, or a
The post XRP Price Analysis Shows Consolidation Amid Reduced Supply appeared on BitcoinEthereumNews.com. XRP exchange reserves are decreasing, reducing available supply for trading. Inflows and outflows remain uneven, creating a gradual supply reduction trend, while short positions are active but face resistance from buying activity. Momentum indicators show tentative bullish signals amid consolidation near $1.10. XRP is showing a shifting market structure as exchange reserves decline and trading activity moves away from centralized platforms. CryptoQuant data highlights a steady reduction in XRP held on exchanges, while inflow and outflow trends show changing supply conditions. Meanwhile, analyst CW highlighted rising activity around XRP short positions, noting that short whales attempted to pressure the market while buying interest absorbed the selling activity. XRP Exchange Flows Signal Reduced Market Supply XRP continues to show reduced supply on exchanges, with CryptoQuant ledge
XRP's logo will appear on countless jerseys in the US.
The post Strategy Bitcoin Sale Leaves $1.25B Plan Intact. appeared on BitcoinEthereumNews.com. Strategy’s $135M BTC sale was separate from its $1.25B monetization framework. The company sold 3,588 BTC to support preferred stock dividend obligations. VanEck says Strategy may retain more Bitcoin selling capacity than expected. VanEck says Strategy’s recent $135 million Bitcoin sale did not reduce its $1.25 billion BTC Monetization Program, keeping the full capacity available. Strategy’s latest Bitcoin transaction has drawn attention after VanEck’s digital asset research head clarified that the sale occurred outside the company’s authorized monetization framework. The distinction could affect how investors assess Strategy’s future Bitcoin selling capacity and treasury strategy. Strategy’s Bitcoin Sale Left Monetization Capacity Unchanged According to VanEck digital assets research head Matthew Sigel, Strategy’s approximately $135 million Bitcoin sale did not reduce its $1.25 billion BTC
