Ripple CTO David Schwartz dismissed predictions that XRP could reach $10,000, arguing that if even a small chance existed, rational investors would have already driven the price to $20. Currently trading around $1.37 with an $85 billion market cap, XRP faces resistance at key technical levels, indicating a bear trend. Schwartz's comments highlight the gap between optimistic community expectations and market realities, especially amid broader skepticism about cryptocurrencies. The next key price target to watch is the Bull Market Support Band around $1.60, which would signal a potential trend reversal if reclaimed.
Bitcoin briefly reached $67,000 but fell back below $66,000 amid cautious market reaction to the U.S.-Iran peace agreement. While traditional stocks surged, with the S&P 500 up 1.7% and Nasdaq 100 rising 3.1%, Bitcoin showed only a modest 0.3% gain. ...
On June 15, Bitcoin spot ETFs experienced $64.8 million in outflows, mainly due to Grayscale's GBTC losing $124 million in a single day. However, other Bitcoin funds gained about $59 million, partially offsetting the losses. Meanwhile, altcoin ETFs a...
XRP's price surged past the $1.18 resistance level to $1.22, supported by a 94% increase in daily trading volume, signaling stronger market participation. This move shifts focus from mere recovery to a potential trend reversal, though sustained buyin...
XRP surged about 13% in 24 hours, reclaiming the $1.28 level for the first time in weeks, driven by reduced geopolitical tensions between the US and Iran. Major holders now control 74.1% of circulating XRP, accumulating 1.53 billion tokens over six m...
Bitcoin surged past $67,000 driven by fresh inflows into U.S.-listed crypto ETFs like Solana and XRP, signaling growing institutional demand beyond just Bitcoin and Ethereum. Major miners like MARA are accumulating Bitcoin, reducing near-term supply ...
