ReportWire

Tag: crypto

  • Reasons Why XRP’s Technical Structure Favors Upside Than Down Over Next 6 Months

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    XRP’s recent pullback to $2 has not changed the broader technical picture, according to a new analysis shared on X by crypto analyst Egrag Crypto. Despite the lack of bullish price action in recent weeks, the technical analysis proposes that the market structure continues to favor an upside continuation rather than the trend ending. 

    This outlook places the next three to six months in a constructive zone for XRP’s price action, where the probability of further upside is higher than the risk of a downward move.

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    XRP Currently In Consolidation, Not Distribution

    The assessment of Egrag’s technical analysis is based on XRP’s price action currently ticking a list of boxes that points to the next move being up. The first of these boxes is what the analyst referred to as a regime shift, which occurred after the XRP price made a decisive breakout from a multi-year base around $0.5 last year.

    This decisive breakout shifted the market from accumulation to expansion. Pullbacks in this phase are usually corrective, not trend-ending. In that context, the current price action can be viewed as part of a natural pause rather than a signal that the larger bullish move has failed.

    Another central argument in the analysis is that the current price behavior represents consolidation rather than distribution. Egrag Crypto describes the market as being in a compression phase following an impulse, and this is a pause, not a top. Although XRP has spent about 13 months ranging within this structure, the analyst interpreted this as extended consolidation instead of a distribution process.

    Chart Image From X. Source: @egragcrypto On X

    EMA Structure Keeps Bullish Bias Intact

    Another reason as to why the trend is more likely bullish is because XRP is still trading in alignment with its long-term exponential moving average, which remains above the 21 EMA. That relationship preserves the bullish bias, even though price currently sits below the faster 9 EMA, but this only reflects short-term weakness rather than a structural breakdown.

    XRPUSD currently trading at $2.013. Chart: TradingView

    Beyond pure chart structure, fundamental developments have added weight to the case for longer-term appreciation. XRP is currently holding $2 as an important support zone, and recent developments have emerged that could increase bullish sentiment.

    An example is Ripple’s conditional approval alongside other crypto firms for a national trust bank charter from the US Office of the Comptroller of the Currency.

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    Although the outlook is much more bullish, there is always the possibility of turning bearish within the next six months. According to Egrag, this outlook can only turn bearish if XRP records a sustained monthly close below the $1.80 to $1.60 region. 

    Taken together, the analysis concludes that XRP is more likely to resolve higher than lower over the next three to six months, even if there is price volatility along the way.

    Featured image from Unsplash, chart from TradingView

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    Scott Matherson

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  • Crypto Entrepreneur Receives 15-Year Fraud Sentence

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    Crypto entrepreneur Do Kwon received a 15-year prison sentence on December 11 after he pleaded guilty to fraud relating to the $40 billion crash of his TerraUSD and Luna coins in 2022.

    South Korean-born Do Kwon founded blockchain company Terraform Labs in 2018. The company was worth $50 billion at its height, but Kwon’s misrepresentation of its instability cost billions in market value for investors around the world.

    In August Kwon pleaded guilty to one count of wire fraud and another on conspiracy to commit wire, securities, and commodities fraud. Prosecutors said the founder was “driven by greed and arrogance” and “had lied repeatedly about the efficacy and safety of his products.” On the other side, the defense tried to claim he simply wanted to “build useful technology” but “succumbed to the ‘fake it until you make it’ mentality,” as reported by the Wall Street Journal

    Kwon was “among the loudest and most influential cheerleaders for digital currencies” during the crypto boom in 2021 and 2022 and hailed his cryptocurrency “the future of money” according to the WSJ. His reign plummeted when his cryptocurrencies TerraUSD—which was meant to remain at a value of $1—and Luna both crashed catastrophically. TerraUSD slipped below $1, which caused overproduction of Luna and the decline in its price to nearly $0. 

    Kwon maintained his system’s algorithm was keeping UST at a stable $1, but in reality Jump Trading bought a significant amount of the stablecoin to prop it up in 2021. The deception enabled a continued flow of money from investors.

    But the fix was temporary and UST slipped again, revealing its underlying fragility. 

    Over 300 letters from victims were read in court, detailing the consequences of the fraud. One said in a letter to the judge that he contemplated suicide when the scam cost his father his retirement money. Another said he lost so much of his family’s savings that his kids couldn’t attend college and his wife filed for divorce.

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    Ava Levinson

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  • American Bitcoin Makes Big Buy, Adds 416 BTC To Its Stack

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    They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

    Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

    Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!

    So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

    Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

    Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

    Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

    Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.

    So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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    Christian Encila

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  • Bitcoin’s November Slump Could Trigger A 2026 Revival, Analysts Say

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    Bitcoin dropped sharply this month and is set to post one of its worst Novembers in years, leaving traders and fund managers weighing whether to buy or hold fire.

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    Based on reports, the token is down about 18% for November and was trading below $91,000 as markets quieted heading into the weekend.

    Market Cleansing Opens The Door For Buyers

    According to CoinGlass, this decline approaches the scale of losses seen in November 2019, when Bitcoin fell roughly 17%, and is far from the harsh 35% crash of November 2018.

    Reports have disclosed that some analysts view the drop as a market reset. Nick Ruck, research director at LVRG, said overleveraged positions and weak projects have been mostly cleared out, which could let longer-term holders add exposure at lower prices.

    Source: Coinglass

    Technical Levels Take Center Stage

    Traders are watching a pair of monthly-close levels closely. An analyst using the handle CrediBull Crypto identified $93,400 and $102,400 as the two most relevant thresholds.

    A close above $93,000 would be interpreted as a modest positive sign, the analyst said, while any monthly finish above $102,000 would be read as very bullish — though that may not happen until another month.

    Bitcoin changed hands around $91,450 in midweek trade, failing to break a resistance just under $92,000.

    Cycle Changes And Institutional Flows

    Based on reports from industry sources, some market watchers think the rhythm of rallies has shifted since the arrival of spot Bitcoin ETFs in early 2024.

    According to some analysts, institutional participation has altered the timing and breadth of moves. That has meant gains that once clustered at year-end can show up earlier.

    BTCUSD trading at $90,641 on the 24-hour chart: TradingView

    Market experts pointed out that November is usually a strong month for Bitcoin, and that a red November has often been followed by a red December in past years.

    A Stalemate Between Bulls And Bears

    Matrixport described the market as a rare zone of impasse where sentiment, positioning and macro cues are all converging. Reports noted that Bitcoin rebounded above $91.8K during Thanksgiving, but the move did little to resolve the split between bullish and bearish expectations.

    Liquidity has thinned, volatility has dropped, and requests for crash protection have faded. Glassnode added that realized losses have risen and futures markets are deleveraging, signs that short-term conviction is weak. That mix leaves the market stuck between a push toward $100K and a slide down to $80K.

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    Signs Point To A Big Move, Direction Unknown

    A bullish hammer reversal emerged when Bitcoin briefly touched the $80K area, giving some traders hope of a rally into the holiday season.

    Others say weak demand and thin liquidity could push prices lower before confidence returns. In either case, markets have been quietly positioning for a larger directional move, even if nobody can say for sure which way that move will go.

    For now, Bitcoin sits in a cautious in-between. Investors and traders will be watching the monthly close, liquidity measures and options flows for clues.

    The next clear signal could decide whether late buyers get rewarded — or whether sellers set a new range.

    Featured image from Gemini, chart from TradingView

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    Christian Encila

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  • Crypto Wins Big: Thailand Moves To A 0% Tax On Local Exchange Gains

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    They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

    Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

    Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!

    So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

    Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

    Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

    Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

    Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.

    So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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    Christian Encila

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  • Selling Storm: Bitcoin Whales Could Drive Prices Down Further, Experts Warn

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    According to exchange data, inflows to trading venues topped 9,000 Bitcoin on Nov. 21 as prices slid to $80,600 on Coinbase — the weakest showing in seven months.

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    Reports show that about 45% of those deposits came in chunks of 100 BTC or more, and on one day large transfers reached 7,000 BTC.

    The average deposit size in November rose to 1.23 BTC, the largest monthly figure in a year. Those numbers point to more than casual rebalancing; they point to coins being moved where they can be sold.

    Binance Stablecoins Hit Record

    According to market coverage, Binance’s stablecoin holdings climbed to a record $51 billion. At the same time, BTC and Ether inflows to exchanges swelled to roughly $40 billion this week, with Binance and Coinbase leading the move.

    Traders often park funds in dollar-pegged tokens when they want to wait on the sidelines. That build-up means cash is available, but it is sitting idle until sellers either step back or buyers turn up again.

    Analysts Eye Further Pullback

    Some market watchers warn the recent recovery could be only a pause, flagging remaining margin positions and suggested a test of lower levels.

    They said a wick into the $70k–$80k zone would be one way to clear out the last pockets of exposure.

    10x Research put resistance levels at $92,000 and $101,000 as the key ranges to watch during any rebound.

    For context, Bitcoin had clawed back above $90,000 and was trading slightly higher at the time of reporting, but it remains down about 28% from the all-time high north of $126,000 reached in October.

    BTCUSD currently trading at $91,681. Chart: TradingView

    Short-Term Bounce, Not A Full Recovery

    Meanwhile, market moves in stocks and crypto have shown mixed signals. The S&P 500 and the Nasdaq were pushing gains as investors bet on a US Fed rate cut, and that helped risk assets.

    Yet reports from strategists show the usual close link between Bitcoin and the Nasdaq has weakened, with Bitcoin’s decline steeper in recent weeks.

    Ether and many altcoins also faced higher exchange inflows, and several tokens returned to bear-market lows as selling pressure widened.

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    What This Means Next

    Liquidity is present but it is parked in stablecoins, and big holders are still moving assets toward exchanges. A meaningful rally will likely need either heavy buying demand or a clear catalyst that draws those stablecoins back into risk assets.

    For now, the market sits in a waiting mode: a short rally could continue, but a deeper dip remains possible as positions get cleared and sellers complete their rotations.

    Featured image from Unsplash, chart from TradingView

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    Christian Encila

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  • Fear Surges, But Real XRP Holders Aren’t Shaken—Analyst

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    According to Versan Aljarrah, founder of Black Swan Capitalist, fear has crept back into the XRP market as the token trades under pressure. Prices slipped below the $2 mark and recently hit about $1.83 before a small rebound. Volatility has been sharp, and many traders are being pushed into quick exits.

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    Volatility Tests Investors

    Based on reports, XRP’s slide accelerated after a broad market crash in early October tied to tariff tensions between the US and China.

    That turmoil forced billions of dollars of liquidations across exchanges. Different platforms briefly showed very different lows — Kraken recorded $1.40 while Binance charts on TradingView showed a flash low at $0.76.

    Those swings left behind gaps in liquidity, including a zone around $1.98 to $1.99 that traders are watching closely.

    Price action has been messy but not one-directional. XRP was trading around $2.22, up about 1.8% in the last 24 hours, and in another snapshot it was reported changing hands close to $2.24 amid a rebound. Over the most recent 72 hours, the token posted a rally of more than 18%, showing how fast sentiment can flip.

    According to Aljarrah, fear has returned, and “it always hits those who don’t understand what it means to hold XRP.” The analyst pointed out that a good number of people will fall before they could even make it and “survive the engineered volatility ahead.” The system, he said, “shakes out the weak” long before actual market valuation takes its course.

    History And Psychology At Work

    Analysts and market observers point to XRP’s stop-and-go history as part of the problem. In 2017, the coin lingered for months before surging roughly 70,000% and then dropping by as much as 95% at certain stretches.

    XRPUSD now trading at $2.21. Chart: TradingView

    In 2024, it traded quietly for much of the year before jumping over 600% near year end. That pattern makes holding the token psychologically hard for many. People sell too soon, often right before big moves.

    Support levels are being watched closely. Reports list key buffers at $1.95, $1.75, and $1.60. On the upside, some analysts are projecting a rebound to $4 by 2026, with longer-range targets of $13 and $27. Those are forecasts, not promises, and they assume steady market conditions and continued interest.

    Whales Take Profit Amid Rally And ETF Flows

    Meanwhile, analyst Ali Martinez said larger holders have been taking profits during the rebound. Whales holding between 1 million and 10 million XRP reportedly sold over 180 million tokens, trimming their balances to about 4.74 billion XRP. That kind of selling can add pressure even while the price is trying to recover.

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    Institutional flows appear to be a counterweight. Based on reports, the Franklin Templeton and Grayscale XRP ETFs launched in the US yesterday and drew combined positive flows of $130 million on their first day.

    Net inflows into US XRP ETFs on Monday were placed at $164 million, a figure that helped absorb some of the selling and supported a more than 7% gain over 24 hours in some trading windows.

    Featured image from Pexels, chart from TradingView

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    Christian Encila

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  • Bitcoin Veterans Cashing Out Could Trigger Deeper Losses, Schiff Claims

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    Bitcoin has tumbled more than 30% from its all-time high of $126k and is trading around $85,500 after briefly falling to $82K, according to market reports. Traders warn that recent moves by long-term holders are changing how the market reacts to stress. Liquidity has thinned, and that makes price swings larger than usual.

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    Schiff Issues A Stark Warning

    According to gold investor Peter Schiff, Bitcoin is “finally having its IPO moment.” He said that when veteran holders turn into sellers, supply at the top of the market rises and future selloffs can become deeper.

    “This much Bitcoin moving from strong to weak hands not only increases the float, but also means future selloffs will be bigger,” Schiff said on Saturday.

    His view has been repeated by bearish voices for years, but this time the comment lands against clear on-chain moves and big ETF outflows.

    Traders note that when confident, long-term holders prune positions near local peaks; when many do it at once, price action often becomes more violent.

    Whale Moves And Major Sales

    Based on reports, whales and early wallets moved over 400,000 BTC in October, activity linked with large selling pressure. One early investor, Owen Gunden, reportedly liquidated his entire 11,000 BTC stake across October and November.

    High-profile retail figures also sold: Robert Kiyosaki announced a sale worth roughly $2.25 million, saying he bought when BTC was about $6,000 and sold near $90,000, and that he plans to redeploy proceeds into income businesses.

    Analysts at Bitfinex point to two key drivers of the recent drop: long-term holder sales and leveraged liquidations in derivatives markets. When margin positions unwind, prices can cascade lower before the market finds support.

    BTCUSD trading at $86,550 on the 24-hour chart: TradingView

    ETF Flows And Retail Sentiment

    According to Bloomberg and fund filings, investors pulled nearly $1 billion from Bitcoin ETFs in a single session, the second-largest daily outflow among the group of 12 funds.

    BlackRock’s IBIT led with $355 million, while Grayscale’s GBTC and Fidelity’s FBTC each saw about $200 million leave.

    Over the past month, ETF products have recorded roughly $4 billion in net outflows. Citi Research figures cited by market watchers place every $1 billion withdrawn at roughly a 3.4% negative swing in Bitcoin’s price.

    Still, there was a counter-move: reports show ETFs posted $238 million of inflows yesterday, underlining how flows can reverse quickly.

    Related Reading

    Schiff’s warning shows that Bitcoin can still be shaken when big holders sell. Even with some institutions buying, moving coins from long-term owners to casual investors could make future price drops bigger and faster.

    People watching the market will likely pay close attention to what these veteran holders do, because their actions could decide how steep the next crash might be.

    Featured image from Born Free Foundation, chart from TradingView

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    Christian Encila

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  • Homeland Security Is Reportedly Probing Bitcoin Mining Giant Bitmain for National Security Reasons

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    According to a new report from Bloomberg, federal authorities have quietly been digging into Bitmain, the Beijing-based bitcoin mining hardware manufacturing giant, over fears that its devices could serve as a backdoor for Chinese espionage or even deliberate blackouts on the U.S. electrical grid. The Department of Homeland Security is said to have been running a secretive probe dubbed “Operation Red Sunset” for months, with agents tearing apart imported machines at ports in search of hidden kill switches or remote-access tricks.

    The worry is these application-specific integrated circuit (ASIC) bitcoin mining computers, which are often deployed in massive data centers near energy hot spots that double as sites for military bases, could theoretically be flipped from afar to spy on sensitive areas or trigger chaos in critical infrastructure.

    The investigation builds on years of red flags, from a 2024 Biden-era block on a Bitmain-powered mining site too close to a Wyoming nuclear missile base, to a bipartisan Senate Intelligence Committee warning this summer about “disturbing vulnerabilities” in gear that might let Beijing pull strings remotely. Bitmain, for its part, is calling the whole thing nonsense, insisting there’s zero way to control its Antminer rigs from China, and that it’s never heard of any “Operation Red Sunset.”

    Of course, fears of Beijing slipping backdoors into hardware have been prevalent for over a decade, with claims ranging from People’s Liberation Army operatives forcing subcontractors to solder rice-grain-sized spy chips onto Supermicro server motherboards to Vodafone admitting it found hidden backdoors in Huawei telecom gear deployed across Italy. Just this year, reports surfaced of undocumented cellular modems lurking inside Chinese solar inverters sold across Europe and the U.S., quietly pinging home even when powered off, prompting frantic teardowns and emergency firmware nukes.

    That said, hard proof of intentional state-level sabotage oftentimes remains murky (or potentially classified).

    Trump Family’s Business Connection to Bitmain

    The Bitmain investigation is also interesting from the perspective of the Trump family’s seemingly-endless involvement in the crypto industry. Eric and Don Jr. are knee-deep in a mining outfit called American Bitcoin, and In August, the company snapped up 16,000 Bitmain devices in a $314 million deal.

    Of all the Trumpworld crypto plays, this one at least looks like straightforward mining rather than the pump-and-dump grifting or decentralization theater that is common in the industry more generally. Other controversial crypto operations involving the Trump family include alleged corruption around the pardon of a former crypto exchange CEO, a dubious memecoin, and the tokenization of a Trump-branded real estate development.

    Despite the potentially-cleaner optics of operating a business that simply mines bitcoin, one has to wonder: How deep will a national security review of Bitmain go when the president’s kids are literally powering their operation with hardware from the company?

    This is Not the First Time Bitmain Has Been Accused of Hidden Capabilities

    It’s also notable that Bitmain has already been accused of having backdoors in their hardware during Bitcoin’s “block size wars” around 2017, when the community was tearing itself apart over how to scale the network. Pretty much the entire developer ecosystem and most users were rallying behind the Segregated Witness (SegWit) proposal; however, activation of this upgrade required 95% of miners to signal support.

    Bitmain, whose AntPool controlled a massive chunk of hashrate, was a major holdout in SegWit’s activation, as co-founder Jihan Wu pushed hard for a controversial hard fork to just jack up the block size instead, a move that risked splitting the chain and that the broader ecosystem largely rejected.

    Supporting evidence that Bitmain wasn’t just ideologically opposed to SegWit eventually came out, as they were allegedly protecting a secret sauce called covert ASICBOOST, a sneaky optimization baked into their Antminer hardware that exploited a quirk in Bitcoin’s proof-of-work to shave up to 30% off mining costs. It turned out that SegWit would kill that potential advantage.

    Bitmain claimed this was a smear campaign, but the damage was done: it looked like the world’s dominant miner was willing to hold the network progress hostage for a competitive edge. SegWit would eventually find its way into Bitcoin without an attached hard-forking increase of the block size limit.

    Some months later, Bitmain faced another controversy in the form of Antbleed, which was a “feature” (critics called it a straight-up backdoor) in Antminer firmware that let the company remotely shut down mining rigs. Bitmain claimed this backdoor was not added maliciously and eventually removed it.

    These ghosts from Bitcoin’s past keep haunting the present, because mining centralization remains a serious concern. Ideas like MIT’s old ChainAnchor proposal (a wild “bribe miners to only include verified transactions” scheme that got slammed as a permissioned takeover attempt and never happened) are still out there in the ether, and the recent controversy over the use of transaction filters by nodes shows some Bitcoin users are willing to adopt software that potentially opens the door to concepts that aren’t completely dissimilar.

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    Kyle Torpey

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  • Dogecoin Goes Wall Street: Grayscale Confirms Nov. 24 ETF Launch

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    Grayscale Investments will list spot ETFs for Dogecoin and XRP on the NYSE Arca on November 24, 2025, offering a new way for everyday investors to buy those coins through regular brokerages.

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    According to exchange notices and regulatory filings, the funds will trade under the tickers GDOG for Dogecoin and GXRP for XRP. The listings convert Grayscale’s existing private-placement trusts into publicly traded products.

    Grayscale Moves To List Dogecoin And XRP

    Reports have disclosed that both ETFs received approval to be listed, and the paperwork was filed with the US Securities and Exchange Commission.

    The move brings spot exposure to two smaller, but widely followed, cryptocurrencies into a mainstream vehicle. For many investors, that means access without directly managing wallets or private keys.

    Market Activity Up Ahead Of Launch

    Trading activity in related derivatives climbed in the lead up to the announcement. Dogecoin derivatives volume increased by more than 30% to roughly $7.22 billion, based on exchange data.

    XRP derivatives surged as well, jumping about 51% to around $12.74 billion. Based on reports, these spikes reflect traders positioning for potential price swings around the ETF debut.

    Spot ETFs do not promise higher prices, but they do change who can buy the assets. Brokers, retirement plans, and funds that avoid direct crypto custody may now step in.

    That could affect liquidity in both the tokens and their markets. At the same time, the overall crypto market has seen pressure; reports say the launches come during a roughly six-week downturn.

    DOGE market cap currently at $21.4 billion. Chart: TradingView

    Questions Remain Over Demand And Flows

    Product fees, custody details, and how the trusts convert into ETF shares will shape investor appetite. Past launches of crypto ETFs showed brisk early flows for some products, while others saw muted interest. What matters for prices is not only listings, but inflows and outflows once trading begins.

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    Investors and analysts are likely to watch the first days of trading for clues. High volume and tight spreads would suggest strong demand. Low turnover or wide spreads could signal tepid interest.

    Based on reports, market participants will also monitor whether the ETFs draw the same sort of speculative trading that has driven derivatives volume in recent days.

    The listing of both GDOG and GXRP on the same date marks a notable step for mainstream crypto products. According to exchange filings, the funds are structured as spot ETFs that hold the underlying tokens via custodians. While that does not remove price risk, it does make buying these assets simpler for a broad group of investors.

    Featured image from Gemini, chart from TradingView

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    Christian Encila

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  • $2 Billion Gone In Minutes: Bitcoin Slide Shakes Crypto World

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    According to exchange and on-chain data, global crypto markets plunged Friday as prices slid and forced a widespread sell-off. Bitcoin fell under $83,000, while Ethereum traded below $2,800. The breakdown sent roughly $2 billion of positions into liquidation, knocking confidence and prompting quick losses across major tokens.

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    Heavy Liquidations Rock Traders

    Reports show more than 390,000 accounts were wiped out during the move. One single BTCUSD order on Hyperliquid stood out at $37 million, a sign of how fierce the selling became. Bitcoin bore the brunt: about $962 million of BTC positions were erased within 24 hours, with long bets making up nearly $931 million of that total. These figures underline how concentrated the damage was among those betting on higher prices.

    Source: Coinglass

    Long Positions Versus Shorts

    Long liquidations across the market approached $1.78 billion, while short liquidations were much smaller at close to $130 million. A rapid shift followed a strong US jobs report, which removed odds of a December rate cut and triggered roughly $450 million in liquidations in just two hours. That macro surprise appears to have fed directly into traders’ risk management systems.

    Options Expiry Raises Stakes

    Derivatives activity added pressure as more than $4.2 billion of crypto options were due to expire that day. Over 39,000 BTC options, valued near $3.4 billion, were on the docket. The longer-term put-call ratio sat at 0.52, but heavy recent put buying pushed the 24-hour ratio up to 1.36, signaling a burst of hedging.

    BTCUSD currently trading at $85,543. Chart: TradingView

    The so-called max pain level for Bitcoin was around $98,000, well above where spot trades were happening. Ether options also featured prominently, with more than 185,000 contracts worth close to $525 million set to lapse. ETH’s 24-hour put-call moved to 1.01 from 0.72, and the options market’s max pain rested near $3,200, above spot prices near $2,800.

    Altcoins Felt The Impact

    The rout spread fast. Solana dropped 11% to about $126, while XRP slid more than 8% to roughly $1.91. Other tokens that fell in the wave included ASTER, HYPE, TNSR, DOGE, and ZEC. Selling was broad, showing that the move was not limited to one market or sector.

    Whale Losses Highlight Risk

    On-chain monitors flagged big losses among sizable holders. PeckShieldAlert reported individual ETH liquidations in the range of almost $3 million to $6.50 million.

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    Lookonchain tracked a high-profile account, Machi, whose total paper losses topped $20 million and whose balance was reported at just $15,530 after the hits. Another large account, labeled the “Anti-CZ Whale,” also saw profits plunge on Hyperliquid.

    Featured image from Unsplash, chart from TradingView

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    Christian Encila

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  • CEO Cuts Cardano Founder’s Bitcoin Price Forecast, Warns Bear Market Just Starting

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    Cardano (ADA) founder Charles Hoskinson previously projected that the Bitcoin price could reach an impressive price of $250,000 as early as this year. This bold forecast, made in April, came at a time when Bitcoin was trading at $77,000 after achieving a record high of $109,000 in January. 

    Hoskinson’s Optimistic Bitcoin Price Forecast

    Hoskinson’s optimism was based on his belief that international negotiations, particularly between the US and China, would favor Bitcoin’s growth. 

    The Cardano founder suggested that easing tariffs would lead to a positive market reaction and bolster adoption, particularly with the anticipated passage of the GENIUS Act, which was signed into law by President Trump a few months later.

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    However, the current market realities have raised doubts about Hoskinson’s prediction. Since then, Bitcoin has experienced significant fluctuations, briefly regaining momentum to reach $126,000 mid-October, only to see the broader crypto market subsequently shed over $1 trillion in total market cap. 

    This downturn has largely been attributed to persistent selling pressure by concerned investors, and substantial outflows from the Bitcoin exchange-traded fund (ETF) sector, with nearly $2 billion sold over since October.

    As it stands, Bitcoin is trading at approximately $89,300, marking a nearly 30% decline from its recently achieved all-time highs. In light of this, Jacob King, CEO of Swandesk, publicly dismissed Hoskinson’s $250,000 price target, characterizing it as unrealistic. 

    The daily chart shows BTC’s retrace below the key $90,000 mark. Source: BTCUSDT on TradingView.com

    Is Bitcoin In A New Bear Market Cycle?

    In a post on social media platform X (formerly Twitter), King stated that such lofty price predictions are “pulled out of thin air” and reflect a market still grappling with “delusions.” King elaborated on his viewpoint, suggesting that the industry is in the early stages of a new bear market cycle. 

    He is not alone in this assessment. Market expert Lark Davis recently noted that, based on the classic four-year Bitcoin price cycle, the cryptocurrency has officially entered bear market territory. 

    Bitcoin price
    BTC entering bear territory based on past cycle performances. Source: Lark Davis on X

    Davis commented that this scenario leaves two possibilities: either the established four-year cycle is no longer relevant, or the market has indeed shifted into a bearish phase. Given the current macroeconomic backdrop, he leans toward the latter interpretation.

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    Additionally, others in the market have echoed these bearish sentiments. An analyst known as Mr. Wall Street has recently speculated that the Bitcoin price peaked at $126,000. 

    The analyst believes that this may mark the zenith for this cycle, predicting that the Bitcoin price could next face significant downward pressure, potentially slipping to a range between $74,000 and $82,000. He further forecasts a possible decline to levels between $54,000 and $60,000 by the fourth quarter of 2026.

    Featured image from DALL-E, chart from TradingView.com 

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    Ronaldo Marquez

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  • XRP Price Keeps Falling as Digital Tokens Struggle to Regain Ground. What’s Happening With Crypto?

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    The cryptocurrency market is continuing to tumble as investors worry about risky assets, an AI and tech bubble, and a roughly 50% likelihood of the Federal Reserve cutting interest rates. 

    Closely watched digital asset XRP (XRP-USD) has fallen to $2.13 per token, a 26.55% drop from three months ago.

    It previously hit a high of $3.65 in July, but the cryptocurrency has been trending significantly downwards since early October. This fall keeps XRP below the critical support/resistance level of $2.20.  

    XRP ETFs fail to boost price

    There were moments of hope that the price would rebound with the recent launch of three XRP exchange-traded funds (ETFs). However, those hopes were soon dashed. 

    Take Canary XRP ETF, from Canary Capital, which launched on November 13. The fund (XRPC) opened at $26.63 that first day but has since fallen 10.85%. Binance News reports that “whales” sold 200 million XRP in the 48 hours following. 

    Blockchain company Ripple Labs is traditionally the largest owner of XRP, which is the native token of the XRP Ledger.

    ‘Profit-taking’ and the broader crypto slump

    XRP is following a similar downward pattern to other cryptocurrencies, such as Bitcoin, the world’s most popular cryptocurrency. 

    Its price (BTC) also began to fall in early October and has made a sharp decline since early November. This week, it experienced a so-called death cross, which is when an asset’s short-term price momentum falls below its long-term trends.

    As of publishing, Bitcoin sits at $91,577, a 13.26% drop from six months ago and an 18.12% drop from just one month ago.

    “The selloff is a confluence of profit-taking by LTHs [longtime holders], institutional outflows, macro uncertainty, and leveraged longs getting wiped out,” Jake Kennis, senior research analyst at Nansen, said in a statement to CoinDesk this week. Profit-taking occurs when investors cash out to ensure a higher price, rather than hold a potentially declining asset.

    While Bitcoin is still significantly up from a low of $74,436 in April, its gains for 2025 have been completely wiped out. It’s down roughly 2.14% year to date.

    By Sarah Fielding

    This article originally appeared in Inc.’s sister publication, Fast Company.

    Fast Company is the world’s leading business media brand, with an editorial focus on innovation in technology, leadership, world changing ideas, creativity, and design. Written for and about the most progressive business leaders, Fast Company inspires readers to think expansively, lead with purpose, embrace change, and shape the future of business.

    The final deadline for the 2026 Inc. Regionals Awards is Friday, December 12, at 11:59 p.m. PT. Apply now.

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  • Consumer-first finance: How USDC Rewards are changing the game – MoneySense

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    Users can make transactions, save, and earn rewards on their stablecoins without the volatility often associated with cryptocurrencies. Some experts even believe that stablecoins and other crypto technologies could compete with, and eventually even displace, today’s traditional payment systems. 

    Cryptocurrency exchanges allow users to make faster payments, pay low fees, and have better access to financial tools. For example, Coinbase has partnered with Shopify to accept USDC payments on select Shopify stores, giving users a convenient payment option that doesn’t rely on traditional banking networks.

    Inside Coinbase’s USDC Rewards (and why it could be a game changer)

    Coinbase’s USDC Rewards show how finance is shifting to put consumers first. The platform focuses on customer success, using technology to help Canadians grow and manage their money. 

    featured

    Coinbase

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    • Account minimum: $1
    • Trading fees: 0% – 2% per transaction. Varies by transaction amount and type (Simple, Advanced)
    • Welcome offer: None at this time

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    Here’s how it works: you earn 3.85% uncapped rewards* on your daily USDC balance, and the rewards you earn are deposited at the end of the week. Coinbase One members earn 4.25% automatically on their USDC holdings.

    With USDC Rewards, you can enjoy more control over your money while being rewarded for your participation.

    Higher potential returns come with risks. Stablecoins aren’t covered by CDIC insurance, which means your money isn’t protected like it is in a traditional bank account. The GENIUS Act provides a framework for U.S. financial regulation, and USDC already meets many existing crypto rules—but some risks remain.

    If you prefer to play it safe, spreading your money across different accounts or investments can reduce risk. For others, USDC Rewards offers the chance to earn more than a regular savings account and be rewarded for your loyalty. You’ll also have full access to your funds, so you can sell, send, or convert stablecoins anytime without lock-ups. 

    The bottom line

    For Canadians frustrated with low-yield savings accounts, Coinbase’s USDC Rewards program offers a compelling alternative. By paying rewards on USDC, it helps you earn competitive returns while keeping your money accessible—something that’s hard to find with traditional banks.

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    Jessica Gibson

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  • Crypto Carnage Continues — Tom Lee Exposes What’s Really Going On

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    The global crypto market pulled back to about $3.23 trillion on Monday, down close to a percent from recent levels, and signs of weakness were visible across most top tokens.

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    According to market trackers, investor mood is chilled — the Fear and Greed Index sits at 18, labeled extreme fear — and the average Relative Strength Index for major coins hovers near 41, a reading that leans toward oversold conditions.

    Bitcoin was trading around $95,400 while Ethereum hovered near $3,155, with many large-cap assets showing only small daily moves.

    Source: Alternative.me

    Tom Lee Issues Long-Term Take

    According to Tom Lee, BitMine chairman and an early Bitcoin bull at Fundstrat, the current pullback does not wipe out the potential for much larger gains down the road.

    Lee noted that Bitcoin rose roughly 100x from his first recommendation back in 2017, when the price was near $1,000, and he suggested Ethereum may be at the start of a similar long-term run.

    He cautioned that investors who benefited from past rallies had to endure extreme drops — some as deep as 75% — and said present volatility could be the market “discounting a massive future.”

    Short-Term Signals Point To Oversold Conditions

    Market technicians and on-chain analysts are pointing to clear short-term stress. The Fear and Greed Index at 18 is one headline figure. Average RSI readings near 41 imply more selling than buying momentum right now.

    Based on reports from CryptoQuant, Ether trading around $3,150 sits roughly $200 above the mean cost basis held by long-term accumulators — a level that could act as support if those holders remain patient.

    Bitcoin, by comparison, has pulled back about 20% from its recent peak, while Ethereum has fallen more than 30% from its high.

    Ether Holder Levels Close To Historic Peaks

    Ethereum’s path this year diverged from Bitcoin for a while: ETH topped out at $4,940 in August, while Bitcoin pushed to a peak above $126,000 in October.

    That gap left Ether lagging for months even as Bitcoin made fresh highs. Now, with ETH nearer to where long-term holders bought in, some analysts see a potential floor forming.

    BTCUSD now trading at $95,592. Chart: TradingView

    Reports have disclosed that these accumulators have been “patiently stacking,” and their cost positions matter for near-term price action.

    Altcoins Show Little Momentum

    Smaller large-cap coins are holding weaker ground. XRP was trading near $2.20, BNB around $932 and Solana close to $138, with most of last week’s gains fading.

    Other popular tokens — Tron, Dogecoin, Cardano, Chainlink, Hyperliquid and Zcash — are under light selling pressure and low net movement, suggesting market-wide caution rather than a single-asset sell-off.

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    Bigger Players, Liquidations And The Outlook

    Lee added that he expects signs of recovery and stability within six to eight weeks. He advised against using borrowed funds now, warning that forced sell-offs can accelerate losses.

    According to his remarks, aggressive positions designed to trigger liquidations by large firms can amplify price swings. He cautioned that some of the sharper moves may be tied to stress among big market makers.

    Featured image from Unsplash, chart from TradingView

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    Christian Encila

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  • From Dotcom To Crypto: Veteran Analyst Says The Bull Run Isn’t Over

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    According to market reports, Bitcoin fell sharply this week and pushed the Crypto Fear & Greed Index down to 10, a level tied to extreme fear.

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    Investors and traders are asking whether this marks the bottom of the cycle or just another step lower in a run that has already seen a 25% correction.

    Extreme Fear Hits Crypto Markets

    Retail panic has been clear. Funding rates on some derivatives desks have turned negative, and newer entrants to the market are showing signs of stress.

    Based on reports, large parts of the investor base are worried. That worry is visible in price action and in sentiment gauges that sit at the lower end of their historical ranges.

    Some traders are posting bearish calls for attention. Others are quietly adding to positions.

    Veteran Analysts Push Back

    Ran Neuner, known for his market commentary and social media presence, pushed back against the idea that the pullback signals the end of the bull run.

    He pointed to past market cycles — 2001, 2008, 2017 and 2021 — and argued that bull markets usually end only after a real system failure or a collapse of belief.

    He used a blunt line on social media: “BULL MARKETS DON’T END LIKE THIS!”

    Neuner stressed that in previous eras, people either stopped trusting the entire sector or the financial system itself broke down. He said neither has happened now.

    BTCUSD currently trading at $95,353. Chart: TradingView

    CZ Tells Investors Not To Panic

    Changpeng Zhao, CEO of Binance, told investors that heavy reactions to dips are part of the trading rhythm.

    “Every dip, some people think it’s the end of time. Time continues,” he said, trying to calm jittery holders and traders.

    That sentiment has been echoed by other market figures who argue that corrections can be steep but still sit inside a longer, upward trend.

    No Major Systemic Break Found

    Reports have disclosed that some signs commonly tied to market endings are absent. Governments are reported to be exploring or adopting Bitcoin in various ways, and blockchains are being integrated by institutions in pilot projects, industry observers say.

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    Global stock markets remain near record highs and liquidity conditions are described by some commentators as supportive.

    One analyst even claimed that central banks cannot tighten further right now. Those are strong claims and they are not universally accepted, but they form the backbone of the bullish counterargument.

    At the time of writing, Bitcoin was trading at $95,301, down 6% in the last seven days, data from Coingecko shows.

    Featured image from Unsplash, chart from TradingView

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    Christian Encila

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  • Bitcoin Eyes New All-Time High As Analyst Sets $170K Target

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    They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

    Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

    Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!

    So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

    Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

    Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

    Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

    Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.

    So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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    Christian Encila

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  • XRP’s Next ‘Face-Melting’ Rally Could Hit Within 6 Weeks—Analyst

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    Some analysts expect XRP to climb sharply from its current price of $2.39. According to posts on X by a popular analyst known as Egrag Crypto, the coin is trading at the bottom of a descending triangle and could stage a strong rally in the coming weeks.

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    Analysts Point To Historical Setups

    According to Egrag, two earlier runs give the pattern some weight. He compared the present chart to moves in 2017 and 2021. Back then, XRP went from $0.097 to $3.84 across a roughly three-month span around 2017–2018.

    In 2021, it rose from below $0.45 to above $1.90 in two monthly candles. Based on those moves, he expects a comeback within four to six weeks and projects gains of about 300% to 1,400% from today’s price.

    “Mark my words: XRP will usually melt faces within 4–6 weeks, and history backs it up with evidence,” Egrag, who put a target range of $10 to $37 for this cycle, said.

    “I see traders chickening out, scared to lose their 10x gains. And that’s fine , protecting profits is smart,” he added.

    Other market voices have echoed parts of that view, reposting Egrag’s chart and wrote that XRP is “busy testing bulls’ faith.”

    ETF Filing Moves Forward

    Meanwhile, according to filings and reporting, Canary Capital has taken a key step toward launching a spot XRP ETF in the US. The firm filed a Form 8-A, a move that, once Nasdaq signs off, would let the fund list its shares.

    XRP market cap currently at $146 billion. Chart: TradingView

    Crypto reporter Eleanor Terrett said the filing will become effective at 5:30 p.m. ET once Nasdaq certifies it, and trading is set to start when US markets open on Thursday, November 14, 2025.

    That development matters because an ETF can make an asset easier for many investors to buy. It does not mean prices will automatically skyrocket. It does mean more attention, and that can change market behavior in ways that are hard to predict.

    Short-Term Data And Market Tone

    At press time, XRP was trading around $2.39, down about 3% over the last 24 hours. Technical traders focus on where the price sits inside the triangle pattern and watch volume for confirmation of a breakout.

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    Some see the structure as a setup for a large move either way. Others point out that the market environment today is not the same as in 2017 or 2021, given bigger trading volumes and different regulatory factors.

    The ETF timing adds a new element to watch. If Nasdaq approves Canary Capital’s Form 8-A as reported, the first spot XRP shares could start trading on Thursday. Markets often react to such milestones, but how big that reaction will be is unknown.

    Featured image from Gemini, chart from TradingView

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    Christian Encila

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  • Get Ready — The End Of November Will Be Massive For XRP, CEO Says

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    Reports from the Ripple Swell 2025 conference show growing interest in XRP. Traders and fund managers are watching November closely.

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    According to speakers at the event, several timetabled moves could push more money into the token in the short term.

    Canary Capital ETF Timetable

    Canary Capital’s spot ETF is set to go live after an updated S-1 filing, with a possible automatic launch 20 days later on November 13.

    Reports from the stage cited Steven McClurg, CEO of Canary Capital, as confirming the update. That filing removed an amendment clause that would have given the SEC greater control over the product’s effective date.

    Based on reports, the timeline could still shift if the SEC returns questions or if government operations change, but for now November 13 stands out as a key date.

    Retail And Whale Activity Cool

    CryptoQuant charts show retail trading activity has cooled since the big sell-off on October 10, when about $19 billion was wiped out in a single day.

    Small investors have pulled back into a neutral zone, which some analysts read as cautious waiting rather than exit. At the same time, large on-chain moves to exchanges have dropped sharply — from roughly 49,000 on October 25 and 44,000 on October 11 to about 800 on a recent Friday.

    That fall in whale-to-exchange transactions suggests fewer big sellers are moving funds to exchanges right now.

    Institutional Signals

    Speakers at Swell pointed to increasing institutional interest. Teucrium CEO Sal Gilbertie told audiences that the last half of November could be very important for XRP, tying that view to broader trends in tokenization and institutional flows.

    Citibank projections cited at the event say tokenized assets could hit trillions within five years, and other panelists mentioned planned moves by traditional finance players.

    Based on reports, Circle also has plans to begin trading public equities in early December, which some see as another nudge toward more mainstream involvement.

    XRPUSD currently trading at $2.32. Chart: TradingView

    Advice From Market Players

    Gilbertie urged holders to focus on the long term. “Believe in it. Don’t worry about volatility. It will even out as adoption comes and more institutional money enters,” he said.

    That view was shared by other commentators who pointed out that ETF listings and institutional onboarding have historically changed how markets price assets.

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    What To Watch Next

    Market participants will track the SEC process, any additional filings, and whether the government calendar affects the ETF start date.

    On-chain signals — like whale transfers and exchange flows — will also be watched closely. For now, reports suggest a mix of wariness among retail traders and growing institution-level interest, with November 13 marked as a date many are watching.

    Featured image from Unsplash, chart from TradingView

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    Christian Encila

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  • ‘Sell Your House, Clothes And Buy XRP’ — Solana Exec’s Wild Advice Goes Viral

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    Solana Foundation manager Vibhu Norby jumped into a heated XRP discussion on X, adding a sharp dose of humor to an already intense online conversation. The debate began when Tradeship University founder Cameron Scrubs urged followers to sell all their other crypto assets and buy XRP.

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    XRP Proponents Urge Bold Bets

    Scrubs, known for extreme XRP optimism, previously predicted that XRP would surpass Bitcoin and Ethereum within five years. He reignited that vision this week, telling investors to sell Bitcoin, Ethereum, ZCash, and Dogecoin — essentially, “sell everything” — and move into XRP. The statement quickly went viral, drawing reactions from multiple crypto communities.

    X user Caspian responded, saying it wasn’t meant literally. He added that the point was to align belief with action — if investors truly see value in XRP, they should act with conviction. “Own your stack, protect it, and stay ready,” he wrote.

    ‘Sell Your House, Bed, Kids, And Buy XRP’

    Vibhu Norby joined the thread with satire. He joked, “Sell your house, bed, kids, cardboard box, clothes, and buy XRP,” making it clear he was mocking the hype rather than endorsing it.

    Another user, Slorg, claimed he had already gone all in and asked what step to take next. Norby replied that the next move was to wait for major firms like BlackRock and Mastercard to tokenize trillions in assets, potentially sending XRP to $1,000.

    Despite the humor, the exchange highlighted the community’s real optimism about institutional involvement and the possibility of massive price growth.

    XRPUSD now trading at $2.31. Chart: TradingView

    Ripple Funding And Institutional Moves

    Ripple added fuel to the discussion by announcing a $500 million funding round at its Swell 2025 event. Investors included Galaxy Digital, Fortress, Brevan Howard, and Pantera Capital. Ripple CEO Brad Garlinghouse said the investment confirmed faith in a business “built on the foundation of XRP.”

    Reports also showed Ripple partnered with Mastercard to use RLUSD on XRPL for fiat settlement, while Ripple Prime is integrating XRP for institutional transfers. These developments gave long-term holders more reason to stay confident in XRP.

    Holding XRP Challenges Investor Conviction

    Meanwhile, Versan Aljarrah, the founder of Black Swan Capitalist, acknowledges that it is a constant emotional struggle holding XRP.

    He explains how investor patience is tested in every market cycle, and the challenge of remaining dedicated to your investment when the price moves materially can be one of the hardest things to do as an XRP holder.

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    Engineer Vincent Van Code responded, saying that it requires “serious conviction – or mental illness” to not sell when the price moves.

    It comes as no surprise that the mixture of irony, crazy predictions and institutional news keeps XRP relevant.

    For some of them, the “sell your house” comments are simply an exaggeration, but it showcases the passion and belief of the XRP community, which has planned and endorsed their position, and has continued to show the strength of their will no matter how volatile XRP price action has remained.

    Featured image from Pexels, chart from TradingView

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    Christian Encila

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