Crypto analyst Ali Martinez suggests XRP price must close above $1.13 to trigger a rally towards $1.35, indicating a potential bottom. XRP is forming a symmetrical triangle on the 1-hour chart, with a breakout expected if it breaches the descending resistance. However, if it falls below the ascending support, the rally could be delayed. Despite a 69% drop over the past year, renewed whale interest supports a bullish outlook, though AI forecasts remain bearish for July.
The launch of Kimi K3 by Chinese AI startup Moonshot AI triggered a selloff in semiconductor stocks and risk assets, causing Bitcoin to fall below $64,000. The new AI model raised concerns about US chipmaker valuations, impacting tech stocks and spre...
On July 16, Bitcoin ETFs attracted $79.15 million in inflows, led by Blackrock and Fidelity, extending their positive streak to three days. In contrast, Ether ETFs experienced $28.04 million in outflows, with major funds like Grayscale’s Ether Mini T...
Evernorth, a crypto treasury firm holding over 470 million XRP, aims to list on Nasdaq via a SPAC merger, potentially under ticker XRPN. The company’s sole purpose is to hold XRP on its balance sheet, giving shareholders indirect exposure to the cryp...
The anticipated altseason, where altcoins outperform Bitcoin, has not occurred for over 260 days, marking a record delay. Bitcoin dominance remains above 55%, indicating capital is still concentrated in Bitcoin rather than rotating into altcoins. Ins...
XRP is approaching a critical phase in its market cycle, with analyst ChartNerd predicting a possible 10x rally after confirming a macro bottom. Institutional interest is growing, evidenced by nearly $1.5 billion in ETF inflows and over 8 million acc...
