XRP’s price registered a significant 5% drop this Tuesday. The cryptocurrency pulled back to $2.47. This move occurred after institutional selling pressure caused XRP breaks $2.50 support, a key psychological level. Market data, analyzed by CD Analytics, confirms a decisive shift in the asset’s structure. The sell-off unfolded in structured phases during Tuesday’s session. The initial drop began at 13:00 UTC. High sales volume pushed the price below support, triggering a cascade of sell orders. This drove the asset to intraday lows near $2.38. Total trading volume reached 169 million tokens. Subsequently, the price achieved a slight stabilization. A temporary…
Author: luis
Read More
The fintech Revolut has announced an aggressive new policy for its 65 million global users. The platform has eliminated all fees and spreads on conversions between USD and the leading stablecoins, USDT and USDC. According to Leonid Bashlykov, Head of Product Crypto at Revolut, this move allows for the Revolut swap stablecoins at no cost, offering an exact 1:1 parity. The new functionality allows customers to exchange up to €500,000 every 30 days without any additional cost. Users will receive exactly $1.00 in stablecoin for every $1.00 in fiat, and vice versa. Furthermore, the service offers considerable flexibility. It supports…
‘s artificial intelligence model, Grok AI, has issued a bold forecast for the crypto market. According to its models, Bitcoin (BTC) could reach $200,000 by the end of 2025. This Grok AI Bitcoin price prediction is not based on human beliefs. The model claims it is a result derived from pure data analysis. The AI’s forecast is based on several key market pillars. Grok emphasizes the growing institutional adoption of Bitcoin. This is seen through flows into ETFs and corporate treasury allocations. Furthermore, the analysis considers the cryptocurrency’s limited supply. With a cap of 21 million coins, nearly 19.9 million…
Bitcoin (BTC) experienced a notable increase of almost $2,000 in the last 24 hours, reaching levels near $112,892. This upward movement occurs as investors await the monetary policy decision from the Federal Reserve (Fed) this Wednesday. The widespread expectation is centered on a possible rate cut that would impact the global economy and the Bitcoin price FOMC meeting. Markets are pricing in a high probability of a 25 basis point interest rate cut. This measure would bring the target interest rate to 4.00%, marking a shift in U.S. monetary policy. According to the CME FedWatch tool, traders assign a 99.9%…
The crypto derivatives market is observing a milestone this October 29th. The XRP and SOL futures open interest on CME has reached an unprecedented all-time high. This event underscores robust and growing institutional participation in select altcoins. The data was confirmed by official reports issued by CME Group. The hard data from the day is revealing. The combined open interest (OI) volume for both assets surpassed $1.2 billion, a significant milestone for the ecosystem. Breaking down the figures, XRP, the asset linked to Ripple, accounts for the largest share with approximately $700 million. This demonstrates renewed interest in the asset…
Financial services firm Cantor Fitzgerald has raised its price target for Bitcoin miner Iris Energy (IREN) to $100, citing the successful Iren’s pivot to AI. This new target represents a significant increase and reflects strong confidence in the company’s new strategic direction, while also maintaining an “Overweight” rating on its shares. The company’s strategy has been positively reassessed by analysts. Cantor Fitzgerald, the primary source of this analysis, bases its optimism on the growth of Iren’s data center business, which is focused on artificial intelligence. The company has demonstrated a remarkable ability to convert its infrastructure, originally designed for Bitcoin…
The cryptocurrency market experienced a massive sell-off exceeding $500 million in a matter of hours. This drop was a direct reaction to the announcement from China’s Ministry of Commerce, which reported a tightening of export controls on rare earth magnets, a retaliatory measure against tariffs imposed by the United States. Trade tension has negatively impacted global markets. The figures from the crash reflect the severity of the market’s reaction. The total cryptocurrency market capitalization fell by 3.2%, while leading assets like Bitcoin and Ethereum recorded losses of 3.1% and 5.1% respectively. Furthermore, more than 1.66 million traders were liquidated, underscoring…
The cryptocurrency exchange BTCC, the world’s oldest, announced it has surpassed the 10.16 million registered users mark globally. This significant achievement, communicated on October 9th, highlights the trajectory and trust the platform has built over its 14 years of uninterrupted operation. According to Alex Hung, Head of Operations at BTCC, this milestone represents a significant achievement for the company. The news confirms that BTCC reaches 10 million users and solidifies its position in a highly competitive sector. Growth and Figures That Make a Difference The data from the third quarter of 2025 clearly reflects the momentum the platform is experiencing.…
The crypto market has witnessed a key strategic move that reinforces confidence in the second-largest cryptocurrency. The recent massive acquisition by BitMine Immersion Technologies underscores the growing institutional investment in Ethereum, solidifying the digital asset as a fundamental pillar in the portfolios of large companies. This move was initially identified by the blockchain analysis firm Lookonchain. The operation involved the purchase of 23,823 ETH, valued at approximately $103.7 million at the time of the transaction. With this addition, BitMine increased its total holdings to 2.83 million ETH, translating to an estimated value of $12.4 billion. This significant increase positions the…
Bitcoin’s price experienced significant volatility after reaching a new all-time high. The leading cryptocurrency now faces the possibility of a pullback toward key support levels. According to analyst Ted Pillows, the digital asset could retest the $118,000 to $120,000 zone in the short term. This Bitcoin price correction follows a 3.7% drop from its latest record. Data from the futures market reinforces this outlook of a reset. A $4.1 billion decrease in Bitcoin futures open interest has been recorded. This phenomenon is interpreted by experts as a healthy and necessary liquidation for market stability. Furthermore, reducing excessive leverage sets the…
