XRP is currently in a capitulation zone as active wallets over the past 30 days show an average loss of 47%, indicating heavy selling pressure and declining investor sentiment. Despite this, the Ripple ecosystem remains resilient, with over one million daily payments on the XRP Ledger and strong inflows into U.S. XRP spot ETFs totaling more than $1.4 billion. Ripple is also advancing its institutional payment infrastructure, which may reduce its reliance on XRP's price performance. The coming weeks will be crucial to see if XRP's price can recover or if the divergence between Ripple's ecosystem growth and XRP's market value will widen.
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...
