Price Analysis
Bitcoin and altcoins sold off as the Monday US market open reflected traders’ fear over oil prices, US employment data and the future of the US and Israel-Iran war.
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XRP Crypto News
Founded in 2012 as OpenCoin, Ripple Labs is the software company developing the XRP (XRP) cryptocurrency and distributed ledger technology alongside a suite of payment protocols for streamlined cross-border settlement for financial institutions.
On the Ripple Network, any currency or asset can be used for transactions without relying on XRP, though XRP acts as a bridge between currencies when needed. Ripple’s On-Demand Liquidity service utilizes XRP for cross-border transactions, eliminating the need for pre-funded accounts. This approach facilitated partnerships with major entities like Santander, Bank of America and American Express. However, XRP’s role led to legal issues with the United States Securities and Exchange Commission (SEC), which filed a lawsuit in December 2020, accusing Ripple and its executives of illegally selling XRP to investors without proper security registration.
On July 13, 2023, a court ruled that Ripple’s $728.9 million XRP sales to institutional clients constituted unregistered securities sales, giving the SEC a partial victory. Ripple targeted institutional investors, endorsing a speculative value thesis for XRP contingent on blockchain improvements. Further legal proceedings are likely, with Ripple possibly appealing or presenting new arguments against the court’s decision.
- Altcoin Watch
Technical indicators hinted at a possible reversal in XRP’s price, as traders watch whether key support levels can hold.
1375 - Altcoin Watch
XRP shows improving risk-adjusted returns alongside rising whale flows, but rising leverage use and repeat liquidations point to a fragile futures market.
2960 - Price Analysis
Bitcoin and select major altcoins have turned down sharply, indicating that the bears are trying to take charge of the market.
3338 - Altcoin Watch
Goldman Sachs revealed a $152 million exposure to spot XRP ETFs, while volatility contracted to levels seen ahead of strong price moves.
2022 - Price Analysis
Bitcoin bulls are attempting to seize control of the market, but they are expected to face strong resistance in the $72,000 to $74,500 zone.
2387 - Altcoin Watch
Korean traders are pulling XRP off exchanges at a rapid pace, while whale flows signal accumulation seen ahead of past rallies.
2105 - News
US Bitcoin and altcoin ETFs saw notable outflows on Wednesday as BTC dipped below $71,000 and investor sentiment returned to extreme fear.
2646 - News
Evernorth is moving closer to a public listing after filing a Form S-4 with the SEC, the final major regulatory hurdle of its SPAC merger plan.
2689 - News
US spot Bitcoin ETFs draw $1.2 billion over seven days, far short of October 2025’s nine-day $6 billion streak, as XRP ETFs turn green.
2791 - Market Analysis
XRP’s road to recovery will pick up momentum if network usage continues rising and bulls push the price above the $1.60 resistance.
2260 - Price Analysis
Bitcoin opened the week by rallying straight into a key resistance level. If it holds, BTC and altcoins could embark on the next leg of the crypto bull market.
5711 - News
Crypto ETPs recorded $1.06 billion in inflows last week, led by Bitcoin and Ethereum, marking three straight weeks of gains despite geopolitical stress.
2740 - Price Analysis
Bitcoin faced strong resistance at the $74,500 level, but the shallow price pullback could set the stage for a stronger breakout in BTC and altcoins.
5226 - Altcoin Watch
XRP’s technical and onchain signals hint at a significant breakout, with bulls eyeing an “explosive” rally toward $2.55.
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