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With the BTC price attempting new highs this July, multiple dormant whales and wallets have turned active. Just today, a 12-year-old dormant Bitcoin wallet resurfaced in the market and made a bold move, sending $15 million worth of tokens to a prominent exchange. Notably, this is happening just a day before the FOMC meeting, which
The post 12-Year Old Dormant Bitcoin Wallet Sends $15M to Kraken Just Before FOMC- What’s Going On? appeared first on CoinGape.
XRP price holds at $2.08 as Trump eyes Powell’s removal; traders brace for volatility while Bitcoin eyes $110K breakout.
Ripple’s XRP is trading at $2.08, hovering just above key support, as crypto markets weigh the geopolitical fallout from a potential shake-up at the U.S. Federal Reserve.
According to Reuters, White House economic adviser Kevin Hassett has confirmed that President Donald Trump is actively considering the removal of Fed Chair Jerome Powell, a development that could destabilize traditional financial markets while sending Bitcoin surging past $110,000.
The political implications are profound. Firing the Fed chair would challenge the independence of the central bank, undermining global confidence in U.S. monetary policy and spurring volatility across risk assets.
Yet. this could ignite a bullish breakout for crypto. Bitcoin’s narrative as a non-sovereign hedge would gain momentum, propelling mega-cap altcoins like XRP into a breakout rally.
If Bitcoin does breach the $110,000 level in response to this political shock, XRP is likely to post a 30% to 40% rally, targeting:
$2.21–$2.22 (EMA confluence)
$2.30 (major liquidation zone)
$2.45 (next resistance level)
A confirmed BTC breakout above $110K would likely catalyze a Ripple price rally toward $2.75, with a final upside projection at $3.10, assuming elevated risk appetite and sustained altcoin rotation.
Despite the potentially bullish setup, XRP derivatives data paints a more cautious picture. While retail sentiment appears optimistic, strategic players are hedging or even scaling back exposure amid rising macro uncertainty.
Over the last 24 hours:
XRP derivatives volume dropped -23.42% to $2.97 billion, signaling that traders are stepping aside.
Open interest dipped -0.42%, hinting at reduced conviction.
Options volume collapsed -61.64%, suggesting institutions are retreating from volatility-heavy positions.
In contrast, options open interest climbed +31.16%, a sign that traders are buying protection, likely bracing for volatility rather than betting on upside.
The 24-hour long/short ratio stands at 0.9826, indicating a near-even split between bullish and bearish bets—an uncommon dynamic during genuine bull trends.
A closer look at major exchanges reveals the divergence between retail and institutional sentiment:
On Binance, the XRP/USDT long/short ratio currently trends at 2.076, while on OKX, the ratio stands at 1.66—both indicating that retail traders remain decisively net-long on XRP.
However, when analyzing top trader behavior on Binance, a more cautious tone emerges. The long/short ratio by accounts is 1.9334, while the ratio by positions drops to 1.2435, suggesting that larger investors p are taking a more defensive stance, potentially cutting down on leverage exposure in anticipation of volatility.
Meanwhile, liquidation metrics further highlight the weakening of bullish momentum. In the past 24 hours, long positions absorbed $432.340 in liquidations, compared to just $312,330 on the short side—a sign that optimistic bets are being unwound more aggressively.
Across all major timeframes—1h, 4h, 12h, and 24h—shorts have consistently endured less liquidation pain than longs, further reinforcing the narrative that bearish positions are either better timed or quietly building strength for a major price downswing
While the political drama around Powell’s potential removal could supercharge the crypto narrative—sending Bitcoin toward $110K and XRP to $3.10—institutional traders are not buying in blindly.
Derivatives markets reflect anxiety, risk hedging, and early positioning for volatility. The bullish path for XRP remains viable if prices remain above $2—but macro instability could make traders hesitant to enter new positions.
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The post Charles Hoskinson Slams Critics, Says Cardano’s Success Isn’t Just About Price appeared first on Coinpedia Fintech News
Cardano (ADA), currently the ninth-largest cryptocurrency by market cap, has seen a 58.4% surge over the past year. Yet, despite steady growth, some traders still label the project a failure — a view that Cardano founder Charles Hoskinson strongly rejects.
Speaking on a podcast with Gokhshtein Media, Hoskinson addressed the growing negativity in the crypto space and defended Cardano’s long-term vision.
Hoskinson emphasized that judging a project solely by its token’s price is a flawed approach. He pointed out that Cardano has grown from a $72 million startup into a $25 billion ecosystem, with over 3 million users worldwide.
He stressed that Cardano has consistently delivered on its development roadmap, achieving major milestones while maintaining a focus on security, scalability, and decentralization.
Mocking a recent trend where traders were encouraged to sell ADA for a now-collapsed project, Hoskinson criticized the “get rich quick” mentality. He warned against expecting 10x or 100x returns from fundamentally strong projects like Cardano, arguing that true success should be measured by technological innovation and real-world impact, not price speculation.
In the last 30 days, ADA’s price has climbed 4.1%, including an 11.9% rise over the past week. However, it saw a slight dip of 0.4% in the last 24 hours — a typical fluctuation in a volatile market.
Hoskinson urged the crypto community to shift focus from short-term price movements to genuine innovation. He also voiced his support for the Trump administration’s new efforts to bring regulatory clarity to the U.S. crypto sector, noting that clear regulations are essential for long-term industry growth.
Hoskinson’s message is clear: innovation, not hype, will determine the future leaders of the crypto industry. Despite criticism, Cardano’s consistent growth, robust technology, and regulatory-friendly approach position it as a project built for lasting success — not fleeting price pumps
The post Charles Hoskinson Slams Critics, Says Cardano’s Success Isn’t Just About Price appeared first on Coinpedia Fintech News
Cardano (ADA), currently the ninth-largest cryptocurrency by market cap, has seen a 58.4% surge over the past year. Yet, despite steady growth, some traders still label the project a failure — a view that Cardano founder Charles Hoskinson strongly rejects. Speaking on a podcast with Gokhshtein Media, Hoskinson addressed the growing negativity in the crypto …
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