Price Analysis
Technical charts show Bitcoin and altcoins consolidating as part of establishing a new price floor after last week’s sharp sell-off. As a range is set, will bulls or bears establish dominance?
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XRP Crypto News
Founded in 2012 as OpenCoin, Ripple Labs is the software company developing the XRP (XRP) cryptocurrency and distributed ledger technology alongside a suite of payment protocols for streamlined cross-border settlement for financial institutions.
On the Ripple Network, any currency or asset can be used for transactions without relying on XRP, though XRP acts as a bridge between currencies when needed. Ripple’s On-Demand Liquidity service utilizes XRP for cross-border transactions, eliminating the need for pre-funded accounts. This approach facilitated partnerships with major entities like Santander, Bank of America and American Express. However, XRP’s role led to legal issues with the United States Securities and Exchange Commission (SEC), which filed a lawsuit in December 2020, accusing Ripple and its executives of illegally selling XRP to investors without proper security registration.
On July 13, 2023, a court ruled that Ripple’s $728.9 million XRP sales to institutional clients constituted unregistered securities sales, giving the SEC a partial victory. Ripple targeted institutional investors, endorsing a speculative value thesis for XRP contingent on blockchain improvements. Further legal proceedings are likely, with Ripple possibly appealing or presenting new arguments against the court’s decision.
- Altcoin Watch
XRP looked increasingly bearish at $1.40, with a key indicator suggesting that a downward move below $1 was possible in the coming weeks.
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Spot Bitcoin ETFs have posted $311 million inflows this week, almost offsetting last week’s $318 million outflows, even as BTC fell 13%.
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The Bitcoin ETF rebound comes as analysts flag slowing outflows. Early BTC holders trim positions rather than exit as BTC hovers near $70,000, according to Bitwise.
1919 - Price Analysis
Bitcoin and several major altcoins are not out of the woods yet, especially since they face significant selling near their range highs. Do charts show BTC and altcoins forming a bottom?
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Crypto ETP outflows slowed to $187 million after weeks of losses, with a record $63 billion in trading volume, suggesting a “potential market nadir,” CoinShares said.
3199 - Price Analysis
Bitcoin and altcoins saw strong double-digit price rebounds after this week’s brutal sell-off, but do technical charts forecast a longer-term recovery, or is today’s rally just a dead cat bounce?
5147 - News
Social media sentiment has turned “extremely bearish” toward Bitcoin and Ethereum this week, according to analytics platform Santiment.
3820 - Price Analysis
Bitcoin price hit a 15-month low of $72,169, leading one analyst to say a revisit of BTC’s realized price near $56,000 may occur in a few months. Do charts hint at a rebound rally before the weekend?
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The listing follows Bitnomial’s January launch of Aptos futures, as the exchange continues expanding US-regulated derivatives beyond Bitcoin and Ether.
10341 - Altcoin Watch
XRP’s bearish chart pattern signaled a possible price correction toward $1.22, fueled by declining demand and open interest.
3373 - News
ING Germany expands crypto access with Bitwise ETPs and VanEck ETNs covering Bitcoin, Ether, Solana and other major digital assets.
2747 - Price Analysis
Bullish traders finally showed up to buy the dip in Bitcoin and altcoins as they fell to new 2026 lows, but selling at the intraday range highs may prove that the market correction is far from over.
4449 - Altcoin Watch
XRP is below the average buy price of the past year, putting many holders in the red and increasing downside risk in the near term.
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Crypto ETPs posted two consecutive weeks of outflows, totaling $3.43 billion and driving $1 billion in year-to-date losses, according to CoinShares.
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