XRP’s on-chain metrics are reportedly painting a foreboding picture for its price outlook, as data shows a steep 80% decline in new wallet creation over the past five months. This drop in network activity has sparked divided opinions between two expert analysts, with one casting doubts on XRP’s ability to reclaim the $3 mark, and…
Since hitting a new all-time high almost a month ago, Bitcoin has done little to assure investors of intent to explore new price territories. Amid announcement of new US trade tariffs and rising geopolitical tensions between Israel and Iran, the premier cryptocurrency has come under bearish influences to trade as low as 101,000. At press…
According to an analysis posted on X by CRYPTOWZRD, Chainlink has closed the session with a bearish tone and is now testing the key $12.50 support level. With reduced weekend liquidity expected, price action is likely to remain choppy, making it essential to closely monitor intraday volatility. A clearer setup could take time to develop,…
Crypto education and media platform Coin Bureau has shared some puzzling developments on the XRP market that may hint at a prolonged bearish future. Notably, the altcoin has been a major headliner amidst a general crypto market correction in the past one month. During this period, XRP prices have dipped by over 10% with current…
Stablecoin backing is under fresh fire after outspoken economist and gold supporter Peter Schiff took aim at tokens tied to US dollar reserves. He argues that relying on a fiat currency he views as shaky makes little sense when a more stable asset exists. His comments have reignited a long‑running debate about what should sit behind…
After weeks of lower highs and higher lows, XRP’s daily candlestick price chart is now giving a signal that could dictate the next major move. Although the token is still holding above key horizontal levels near $2.13, technical data suggests momentum is starting to slip. A technical analysis of XRP’s daily RSI indicator offers a…
The Czech government has weathered a political storm this week, surviving a no-confidence vote triggered by a $45 million bitcoin payment from a convicted criminal. The scandal has rocked Prime Minister Petr Fiala’s administration months before national elections, Reuters reports. The payment of 468 bitcoin was made to the state by a man previously jailed…
The Bitcoin price action in June has displayed healthy swings from a low of about $100,500 to as high as $111,000. While it has lacked the impulsive momentum seen in past cycles for more bullish swings, the premier cryptocurrency has managed to maintain its valuation above $100,000. Over the past week, BTC has displayed relative…
Savvy bitcoin BTC and ether ETH traders are shoring up their defenses as the broader market continues to foresee bullish price action over the summer. That’s the message from an options-based strategy called 25-delta risk reversal, which involves the simultaneous purchase of a put option and sale of a call, or vice versa. At the…
Elon Musk is reportedly planning to launch a decentralized exchange (DEX) on X (formerly Twitter). Crypto researcher Atlas took to X to break the news, pointing out that this move could result in the introduction of hundreds of millions of users to crypto. Keep reading to learn more about Musk’s DEX plans, what it means…
