Bitcoinist·
XRP may be heavily bearish right now, as its price steadily falls toward the $1.30 mark due to the highly unfavorable market environment. However, several predictions suggest that this phase is simply temporary and the broader outlook is extremely bullish, with the potential of reaching unprecedented levels such as $11. XRP’s Probability To Hit Unprecedented […]
Read full articleKalshi files to list XRP, SOL, ETH, and DOGE perpetual futures as its regulated US crypto derivatives push expands beyond Bitcoin. The post Kalshi moves beyond Bitcoin with XRP, SOL, ETH, and DOGE perps filing appeared first on Crypto Briefing.
Kalshi moved swiftly to lock down an emerging market for perpetual futures in the U.S., filing to certify a slate of altcoin offerings
Bitcoin is still trading above $60,000, but there are questions as to whether that area has already become the macro bottom for this correction or whether another crash could still drag the price back into that zone. Technical analysis using Bitcoin’s weekly RSI, prior cycle support, and the 21-week and 50-week EMA trend presents the bullish side of that trend, but bears can still argue that confirmation has not arrived until Bitcoin breaks above the weekly EMA structure. Bitcoin Might Have Bottomed Already The strongest argument that Bitcoin may have already bottomed is from the weekly RSI indicator. According to the thesis shared by Cryptoposeidon on X, Bitcoin’s weekly RSI has fallen below 30 only four times in history. The first three came around the January 2015, December 2018, and June 2022 lows, all of which later became macro bottom zones. Related Reading: XRP Analyst Flags Biggest Institutional Unlock That The Market Has Ever Seen Back in January 2015, Bitcoin’s RSI fell to ab
Bitcoin and ether exchange-traded funds (ETFs) closed the final week of May under sustained redemption pressure, with combined outflows of more than $1.6 billion as investors continued to trim exposure to the market’s largest crypto funds. XRP and HYPE Funds Attract Over $40 Million in Weekly Inflows The holiday-shortened week did not give crypto ETF […]
XRP, Hyperliquid, and Near attracted fresh investor money despite massive outflows across the broader crypto fund market.
A crypto analyst has shared the reason he believes many people will miss the XRP bull run. Despite the recent poor performance in XRP’s price action, the analyst has shown strong confidence in the cryptocurrency’s ability not only to bounce back to the upside but also to reach significantly higher price levels that could match its global settlement goals. In an X post on May 31, crypto market expert BarriC boldly stated that a significant number of investors are likely to miss the highly anticipated XRP bull rally once it eventually unfolds. Currently, several analysts in the XRP community share the view that the cryptocurrency’s current price does not reflect its true value. They believe that XRP’s value should not be measured by normal price action but by its utility and long-term potential to serve as a global settlement layer. The Reason Many People Will Miss XRP’s Rally BarriC noted that a significant percentage of investors may miss XRP’s run, not because they have never heard o
Another sudden drop took place in the crypto markets, causing over $130 million in liquidations in less than an hour.
A directory in Ripple’s Payments documentation has drawn attention from XRP supporters after a user highlighted that it contains more than 500 financial institution identifiers across multiple regions. While these IDs are mainly used for routing payments and operational processes, the size of the directory has renewed interest in Ripple’s global payments network and the potential role XRP could play within it. Ripple’s Expanding Banking Network At the center of the discussion is Ripple’s Payments documentation, which contains extensive bank-ID directories used within its payment ecosystem. The directory includes financial institutions from multiple countries and regions, with entries ranging from major banks such as ANZ, Commonwealth Bank, HSBC Australia, ING, Macquarie Bank, Westpac, and National Australia Bank to smaller regional institutions and many others. Each organization is assigned a unique identifier that helps facilitate payment routing within Ripple’s network. Related Readi
