On August 11, cryptocurrency markets displayed mixed performance. XRP remains bearish, trading near $1.03 with resistance at $1.07-$1.18 and risk of further decline if it falls below $1.00. Zcash holds a stronger technical position above key moving averages around $505, but needs to break $520 to gain upward momentum. Ethereum is attempting recovery near $1,900 but faces resistance at $1,923; a break above $1,950 could lead to a test of $2,000 and higher. Bitcoin consolidates around $64,800, supported by short-term averages, but must surpass $66,800 to challenge $72,000. Overall, the market lacks a clear trend, signaling cautious investor sentiment and potential volatility ahead.
Crypto analyst Egrag Crypto highlights that XRP must close daily above $1.30 to confirm a breakout from its descending trendline, marking $1.27 as nearby support. The chart shows XRP has tested this trendline multiple times, with the latest move pote...
The SEC v. Ripple lawsuit concluded in August 2025 after both parties withdrew their appeals, leaving a 2024 ruling intact. The court ruled XRP sales on exchanges to anonymous buyers are not securities, but Ripple must pay a $125 million penalty for ...
XRP experienced $9.57 million in liquidations over the past 24 hours, with long positions accounting for $9.27 million of this total, signaling heavy selling pressure. The crypto market has stalled, with XRP's price dropping 1.81% to $1.16 and its ma...
Ripple CEO Bradley Garlinghouse clarified that the RLUSD stablecoin is designed to complement XRP by targeting different use cases, aiming to boost activity on the XRP Ledger rather than compete with XRP. This approach could attract more businesses a...
Hackers behind the Binance October 29 breach converted $175 million in stolen altcoins into roughly 2,300 Bitcoin, according to blockchain analytics firm Elliptic. The laundering involved over 20,000 wallets across 16 blockchains, using at least 36 s...
