Elon Musk's AI chatbot Grok analyzed Ripple's XRP potential if major banks replace SWIFT with the XRP Ledger for cross-border transactions. Grok estimates global cross-border payments could rise from $195 trillion in 2024 to $320 trillion by 2032, with XRP possibly handling $30 trillion to $150 trillion annually. Depending on adoption and token velocity, XRP's price could range from $5 to $243, highlighting significant valuation swings. These scenarios illustrate XRP's potential growth but are not firm forecasts.
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Ripple executives urged the U.S. Senate to pass the CLARITY Act, warning that rejecting the bill would maintain regulatory gaps exposing crypto users to risks similar to the FTX collapse. The Act aims to clarify oversight by sharing authority between...
