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Why Has Ripple CEO Not Announced XRP Lawsuit Dismissal? Ex-SEC Lawyer Responds to ‘Fake News’ Claims

Monicah W

Ripple vs SEC Here’s Why the Court Isn’t Done With XRP Yet

The post Why Has Ripple CEO Not Announced XRP Lawsuit Dismissal? Ex-SEC Lawyer Responds to ‘Fake News’ Claims appeared first on Coinpedia Fintech News

On August 8, the XRP community was on cloud nine after a big update appeared in the long-running Ripple vs SEC case. It was announced that both sides, Ripple Labs and the U.S. Securities and Exchange Commission, had filed a Joint Dismissal of Appeals, effectively meaning the case was over.

This news marked the end of more than five years of legal battles, with many expecting strong reactions from Ripple’s leadership. However, some found it unusual that Ripple CEO Brad Garlinghouse remained silent for over 24 hours after the news broke.

Confusion and Doubts Among XRP Holders

While some celebrated the announcement, others in the XRP community questioned whether the case had truly ended. A few social media users even called it “fake news”, pointing to the SEC website and claiming nothing had been officially confirmed.

Others said this could be a “diversion”, saying that both parties had not yet issued formal public statements. This uncertainty fueled confusion and even FUD (fear, uncertainty, and doubt) among investors.

However, Ripple CLO Stuart Alderoty commented and said, “Following the Commission’s vote today, the SEC and Ripple formally filed directly with the Second Circuit to dismiss their appeals. The end…and now back to business.”

Former SEC Lawyer Clears the Air

Former SEC attorney Marc Fagel stepped in to clarify the situation. “The joint stipulation of dismissal is public, so not sure what you think needs to be announced,” he said.

Fagel explained that Judge Analisa Torres, who oversaw the case, does not need to sign off on anything at this stage. Once the Court of Appeals completes the administrative process of dismissing the appeals, her original ruling against the SEC will automatically take effect.

“No judges need to weigh in on anything at this point,” Fagel stated, stressing that the case is effectively over.

What’s Next for Ripple and XRP?

With the appeals dismissed, Ripple is free from the “Bad Actor” label, possibly opening doors for fundraising and further business expansion. Still, until an official statement comes directly from Ripple or the SEC, parts of the community may remain skeptical.

The post Why Has Ripple CEO Not Announced XRP Lawsuit Dismissal? Ex-SEC Lawyer Responds to ‘Fake News’ Claims appeared first on Coinpedia Fintech News
On August 8, the XRP community was on cloud nine after a big update appeared in the long-running Ripple vs SEC case. It was announced that both sides, Ripple Labs and the U.S. Securities and Exchange Commission, had filed a Joint Dismissal of Appeals, effectively meaning the case was over. This news marked the end …

XRP’s $11 Price Target Explained Amid 1 Billion Token Unlock and Market Dip

Monicah W

Ripple News

The post XRP’s $11 Price Target Explained Amid 1 Billion Token Unlock and Market Dip appeared first on Coinpedia Fintech News

XRP’s price has fallen more than 4% in the past 24 hours, slipping into the red even after Ripple’s legal win against the U.S. Securities and Exchange Commission (SEC). This drop surprised many investors, but market analyst Ali Martinez says there’s still strong upside ahead.

According to Martinez, XRP has broken out of a bullish flag pattern on the weekly chart — a setup that often signals a big move higher. Based on this breakout, he predicts XRP could climb all the way to $11 in the coming months.

The short-term decline seems to be linked to Ripple unlocking 1 billion XRP tokens worth about $3.28 billion on August 9. The move happened through three quick transactions, which was unusual compared to Ripple’s regular monthly schedule. 

While Ripple’s CTO David Schwartz explained that the unlock was a routine process, the sudden visible increase in supply appeared to push prices down temporarily.

What’s Next For XRP Price? (Short-Term)

XRP has been moving exactly as expected, according to analysts, with a recent dip after hitting strong resistance at the $3.35–$3.40 range. This level also coincided with a large “fair value gap” left from late July’s bearish pressure, which has now been filled.

After the rejection at that resistance, XRP lost momentum and started dropping, pulled toward a lower support area between $3.15 and $3.08. This zone has both technical support and price imbalances that often act like a magnet for the market.

Fundamentals could also be influencing the drop. Next week is packed with market-moving events, including U.S. CPI inflation data on Tuesday and geopolitical developments like Russia–Ukraine peace talks. Investors may be de-risking ahead of this news.

In the short term, expect XRP to remain bearish, likely testing support around $3.10. 

The post XRP’s $11 Price Target Explained Amid 1 Billion Token Unlock and Market Dip appeared first on Coinpedia Fintech News
XRP’s price has fallen more than 4% in the past 24 hours, slipping into the red even after Ripple’s legal win against the U.S. Securities and Exchange Commission (SEC). This drop surprised many investors, but market analyst Ali Martinez says there’s still strong upside ahead. According to Martinez, XRP has broken out of a bullish …

Crypto Analysts Predict Ozak AI Will Hit $1.75 in the Next Bull Cycle—Flipping a $250 Investment Into Over $87,000

Monicah W

Ozak AI

The post Crypto Analysts Predict Ozak AI Will Hit $1.75 in the Next Bull Cycle—Flipping a $250 Investment Into Over $87,000 appeared first on Coinpedia Fintech News

Ozak AI is rapidly becoming the main focus of speculative forecasts for the next crypto bull cycle. With top analysts now predicting a price target of $1.75, the project has moved from being just another presale to a potential game-changer in the artificial intelligence blockchain space. 

Currently priced at under $0.01 during its presale, even a $250 investment could yield over $87,000 if the bullish projections materialize. The numbers speak for themselves: at a current presale price of $0.005, a $250 buy-in fetches 50,000 tokens. At $1.75 per token, that holding would increase into $87,500—providing a 35,000% gain.

AI Project Is Driving the Next Altcoin: Ozak AI

The last bull market was dominated by Layer 1 chains, meme coins, and metaverse tokens. But 2025 is shaping up differently. Crypto investors are now chasing utility-driven narratives that align with broader tech trends—and artificial intelligence is at the top of that list. The global AI market is projected to surpass $1.8 trillion by 2030, and many believe the crypto market will ride that wave, rewarding tokens that incorporate meaningful AI use cases.

Ozak AI

Ozak AI is positioned ahead of the curve. Its AI-powered smart contracts, real-time data interpretation, and machine-learning decision models give it a utility that few low-cap tokens can match. While most AI-themed tokens remain conceptual or too complex for mass adoption, Ozak AI is building tools and platforms that cater to both developers and retail users, offering plug-and-play AI tools within a secure blockchain environment.

As this narrative strengthens and retail enthusiasm returns, Ozak AI could see exponential inflows—especially given its low market cap and highly favorable tokenomics. Scarcity meets demand at the perfect time.

Youtube embed:

Next 500X AI Altcoin

Presale Momentum and Community Strength Are Critical

With over $1.6 million already raised in its ongoing presale, Ozak AI has demonstrated significant early momentum. Each stage has sold out rapidly, and the token price has already increased by 200% from its initial launch. Early investors include both whale investors and crypto holders who recognize the upside potential of investing before major exchange listings occur.

Ozak AI

The strong community behind Ozak AI has also helped it gain viral traction on platforms like Twitter, Telegram, and other social channels. Influencers are beginning to spotlight the token not as a “maybe,” but as a “must-watch.” If listings on major exchanges follow soon after the presale, the price could experience a parabolic move, especially as it enters the public spotlight.

Is the $1.75 Prediction Realistic?

While no forecast is guaranteed, the $1.75 price prediction isn’t just fantasy. If Ozak AI were to reach that target, it would likely require a market cap in the mid-to-high billions—well within the range of top-performing altcoins from previous cycles. 

Given Ozak AI’s current positioning, low supply, and early-stage pricing, the upside potential appears massive. If the broader market enters a bull phase, as many expect in 2025, Ozak AI could be one of the top-performing assets of the year.

Crypto analysts are spotlighting Ozak AI as a low-cap gem with high-value capability. With a realistic route to $1.75 based on technological relevance and market timing, the token ought to transform modest investments into life-changing returns. 

About Ozak AI 

Ozak AI is a blockchain-based crypto project that provides an innovative platform that focuses on predictive AI and advanced data analytics for financial markets. Through machine learning algorithms and decentralized community technologies, Ozak AI enables real-time, accurate, and actionable insights to help crypto lovers and corporations make the perfect choices.

For more, visit

Website: https://ozak.ai/

Telegram: https://t.me/OzakAGI

Twitter: https://x.com/ozakagi

The post Crypto Analysts Predict Ozak AI Will Hit $1.75 in the Next Bull Cycle—Flipping a $250 Investment Into Over $87,000 appeared first on Coinpedia Fintech News
Ozak AI is rapidly becoming the main focus of speculative forecasts for the next crypto bull cycle. With top analysts now predicting a price target of $1.75, the project has moved from being just another presale to a potential game-changer in the artificial intelligence blockchain space.  Currently priced at under $0.01 during its presale, even …

Solana (SOL) Eyes $250 But This Low-Cap Rival Is Expected to Pass 50x Before 2025 Ends

Monicah W

Remittix

The post Solana (SOL) Eyes $250 But This Low-Cap Rival Is Expected to Pass 50x Before 2025 Ends appeared first on Coinpedia Fintech News

As the cryptocurrency market continues to evolve, Solana (SOL) is gaining traction as one of the leading blockchain platforms, with analysts projecting a rise to $250 by 2025. Known for its high throughput and scalable infrastructure, Solana has managed to capture the interest of both retail and institutional investors. However, while Solana’s growth potential remains strong, a new player, Remittix (RTX), is rapidly emerging as a serious contender. 

Solana (SOL) Price Prediction: SOL Eyes $250

Solana (SOL) is currently trading around $181.77 and has begun showing promising signs of recovery. Known for its high throughput and scalable infrastructure, Solana is trading above key moving averages, with its price climbing above the 50-day and 20-day SMAs at $163 and $178, respectively. A breakout above the $178 level could signal further upward movement, reinforcing the bullish outlook.

The Relative Strength Index (RSI) is currently at 60, indicating strong buying pressure without signs of overbought conditions. Meanwhile, the Moving Average Convergence Divergence (MACD) shows positive divergence, supporting the potential continuation of the uptrend. Analysts are predicting a rise to the $190–$200 region, with some projecting Solana could reach $211. With broader market sentiment shifting in Solana’s favor, analysts are forecasting a potential rise to $250 by August 2025, marking a 51% increase from its current value.

Why Remittix (RTX) Could Outperform Solana in the Long Run

While Solana continues to regain momentum, Remittix (RTX) is rapidly capturing investor attention as a top contender in the crypto space. Remittix offers real-world utility by enabling secure crypto-to-fiat conversions with next-day settlement across 30 countries. Here’s why Remittix could be the next breakout crypto project:

  • Global Settlement: Remittix facilitates seamless and secure crypto-to-fiat conversions with next-day settlement across 30 countries, offering a practical solution for cross-border payments.
  • Transparent Fees: With flat pricing and no hidden fees, Remittix ensures transparent transactions for all investors.
  • Security & Stability: Remittix’s CertiK-audited smart contracts offer a secure and reliable platform for all users.
  • Enterprise Adoption: With its growing mobile wallet beta and merchant tools, Remittix is driving mainstream adoption and use cases across multiple industries.

As Solana continues to push higher, Remittix presents a stable, utility-driven growth opportunity with long-term potential. While Solana is still focused on scalability and institutional interest, Remittix is rapidly becoming the go-to solution for real-world cross-border crypto payments. Its growing institutional support and increasing adoption make it a promising alternative for investors looking for less volatility and solid growth potential in the crypto space.

Conclusion: Solana’s Bullish Outlook vs Remittix’s Real-World Utility

While Solana shows signs of bullish momentum with the potential to hit $250 by August 2025, Remittix’s steady growth and real-world use cases in crypto-to-fiat payments present a compelling case for diversification. Solana’s price rally may continue, but Remittix offers a stable alternative with greater utility, making it a strong contender for investors seeking both speculative and utility-driven growth in their portfolios. With Remittix’s increasing adoption and growing institutional interest, it’s shaping up to be one of the top players for 2025.

Discover the future of PayFi with Remittix by checking out their project here

Website: https://remittix.io/  

Socials: https://linktr.ee/remittix

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

The post Solana (SOL) Eyes $250 But This Low-Cap Rival Is Expected to Pass 50x Before 2025 Ends appeared first on Coinpedia Fintech News
As the cryptocurrency market continues to evolve, Solana (SOL) is gaining traction as one of the leading blockchain platforms, with analysts projecting a rise to $250 by 2025. Known for its high throughput and scalable infrastructure, Solana has managed to capture the interest of both retail and institutional investors. However, while Solana’s growth potential remains …

XRP Price Prediction: XRP 2.0 Rally Sets Stage for $7! Could Remittix’s Upcoming PayFi Token Flip the Script?

Monicah W

Remittix

The post XRP Price Prediction: XRP 2.0 Rally Sets Stage for $7! Could Remittix’s Upcoming PayFi Token Flip the Script? appeared first on Coinpedia Fintech News

Following the broader market condition XRP has regained momentum. Different XRP price predictions are eyeing the possibility of a run toward $7 in the coming months.

A newly launched PayFi project, Remittix, is set to rewrite the payment-token narrative. With its utility-focused offering, RTX is positioned to challenge and unseat XRP’s dominance.

XRP Price Prediction: Path to $7 Gains Traction

The current rally in XRP price is fueled by the broader bullish market momentum, renewed institutional interest and optimism surrounding global payment adoption.

Trading just above $3, XRP has seen a sharp increase in daily volume ($4 billion) and a breakout from key technical resistance levels.

XRP price opened today at $3.28. It rallied to the $3.34 level but was rejected, and momentum could not be maintained to move higher. Many analysts’ XRP price prediction points toward $1.20 in the short term, potentially extending toward $7 over the next year if broader market momentum holds.

A few hours ago, Ali Martinez revealed that 50 million $XRP were purchased by whales in the last 48 hours, a signal that whales are positioning for the next leg up.

XRP’s strength lies in its ability to facilitate cross-border cryptocurrency transactions, which are faster and cheaper than traditional banking methods. However, the recipients are still paid in cryptocurrency, a gap Remittix aims to bridge.

With the regulatory uncertainties and increasing competition, XRP seems to have passed its prime. The smart money knows this and they are already diverting to Remittix (RTX).

Remittix: The PayFi Contender With Global Reach

While XRP focuses on institutional-level transactions, Remittix is solving a $19 trillion global payment problem across 30 countries.

Remittix is built to enable instant crypto-to-bank transfers in 30+ countries, and supports over 40 cryptocurrencies. Its app has features like real-time FX conversion, staking, low gas fees and a mobile-first user interface.

Remittix highlights:

  • A full CertiK audit has been completed; liquidity and team tokens have been locked for three years.
  • 40% bonus and $250,000 giveaway live now.
  • Remittix is built for real-world utility and adoption, not speculation like meme coins.
  • Users can earn up to 20% referral rewards by sharing the project 
  • Built for borderless payments with global reach.
  • Designed for both crypto natives and non-crypto users, it can be used by business owners, freelancers and remitters.

Join the RTX presale now!

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix   

$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

The post XRP Price Prediction: XRP 2.0 Rally Sets Stage for $7! Could Remittix’s Upcoming PayFi Token Flip the Script? appeared first on Coinpedia Fintech News
Following the broader market condition XRP has regained momentum. Different XRP price predictions are eyeing the possibility of a run toward $7 in the coming months. A newly launched PayFi project, Remittix, is set to rewrite the payment-token narrative. With its utility-focused offering, RTX is positioned to challenge and unseat XRP’s dominance. XRP Price Prediction: …

News

PUMP Underperforms Despite Pump.fun’s Buyback and Liquidity Program 

Monicah W

PUMP, the native token of meme coin launchpad Pump.fun, has slipped another 6% in the past 24 hours, effectively underperforming relative to other meme coins.

With Solana meme coins enjoying periodic hype cycles, sustained attention and capital injection could give Pump.fun an edge.

Pump.fun To Back Organic and Active Communities

Pump.fun introduced the Glass Full Foundation (GFF), a liquidity support program designed to inject significant capital into meme coin projects within its orbit.

According to the team, the move is part of a broader mission to expand the Solana ecosystem and nurture its most diehard cults.

With GFF presenting as a vehicle to accelerate the platform’s most organic, active, and promising communities, the launchpad will allocate funds directly to ecosystem tokens. This means providing liquidity to ensure healthier market activity and greater investor confidence.

“The Foundation has already begun with several projects receiving initial support and will continue deploying capital,” Pump.fun said in its post on X (formerly Twitter).

Liquidity remains critical to the survival and growth of smaller-cap meme coins. GFF aims to reduce volatility for such tokens by directly injecting funds into ecosystem tokens.

The move could also reduce narrow spreads and give projects more runway to grow their communities.

While Glass Full Foundation represents a bold commitment to nurturing the Pump.fun ecosystem, PUMP token registered a muted market response.

PUMP price has increased by a modest 0.8% in the last 24 hours and was trading for $0.003364 as of this writing. CoinGecko data shows the meme coin is underperforming relative to its peers in the sector.

Top Meme Coins. Source: CoinGecko

The tepid reaction highlights investor caution in a volatile meme coin sector. It follows days of anticipation in the Pump.fun community after Alon Cohen, the launchpad’s founder, promised a big announcement.

Following the announcement, whale interactions with PUMP fueled a 15% surge in the token’s price.

Pump.fun Fires $12 Million Token Buyback Cannon

Many investors expected the reveal to trigger another leg up in the token’s price, given the initiative’s aim to support liquidity and buying power.

While the initiative may have long-term benefits, short-term traders seek a more direct price catalyst, such as a major exchange listing, token burn, or airdrops.

“Is this an airdrop?” wrote Abhi, a popular user on X.

Pump.fun gives them one better by resorting to a token buyback, a bullish catalyst that often bolsters demand by reducing supply.

Arkham Intelligence says Pump.fun is buying over $5 million worth of PUMP. According to the blockchain analytics firm, this marks a subsequent purchase after a previous one of almost $7 million, with partial holdings stored on Squads Vault.

“That is not just buying pressure, it is a full-on feedback loop, Pump buying Pump fuels the fire,” one user remarked.

Some users see these initiatives as the network’s push to secure its market share in the meme coin sector against players like BONK.

The post PUMP Underperforms Despite Pump.fun’s Buyback and Liquidity Program  appeared first on BeInCrypto.

News

How Crypto Whales are Reacting to Ethereum’s Rally and All-Time High Optimism

Monicah W

Ethereum (ETH) has surged to its highest level in nearly four years, sitting just 13.5% below its all-time high. 

The renewed momentum has sparked mixed activity among crypto whales, with some accumulating in anticipation of further gains while others lock in profits as the market edges toward record territory.

Crypto Whales Flip Bullish as Ethereum Closes in on Record Price 

Yesterday, BeInCrypto reported that ETH broke past $4,000 after 8 months. Since this milestone, the uptrend has continued to accelerate. 

The second-largest cryptocurrency reached $4,331 during early Asian trading hours today, a level last seen in December 2021. At press time, the price had adjusted to $4,229.45, representing an appreciation of 1.45% over the past day.

Ethereum Price Performance
Ethereum Price Performance. Source: BeInCrypto Markets

With the price only $648 shy of the November 2021 record peak of $4,878, Ethereum whales are adjusting their positions. On-chain data indicates a mixed response among whales.

In an X (formerly Twitter) post, Lookonchain highlighted that some big players are moving large amounts of capital into Ethereum.

A whale with wallet address 0xF436 withdrew 17,655 ETH worth $72.7 million from exchanges. The blockchain analytics firm added that the whale might be acting on behalf of SharpLink Gaming.

Another whale, wallet 0x3684, spent 34 million Tether (USDT) to buy 8,109 ETH at $4,193 each. What’s noteworthy is that Ethereum’s latest rally has drawn back players who had previously sold their holdings, prompting them to switch sides. 

Lookonchain noted that in early August, Arthur Hayes, Maelstrom’s Chief Investment Officer (CIO), sold 2,373 ETH worth $8.32 million. At the time, ETH was priced around  $3,507.

Yesterday, he transferred 10.5 million USDC (USDC) to repurchase ETH, this time at a higher price.

“Had to buy it all back, do you forgive me @fundstrat? I pinky swear, I’ll never take profit again,” Hayes said.

Hayes isn’t alone. An unidentified whale sold 38,582 ETH during the price dip to $3,548, only to buy back at $4,010. 

“That’s a loss of over $17 million just from selling low and buying higher. Market swings can trigger fear, but history shows that strong hands often win in Crypto,” a crypto market watcher wrote.

Key ETH Whales Trim Holdings Despite Positive Momentum

Nonetheless, the whale’s behavior has not been uniformly optimistic. According to Lookonchain, Erik Voorhees, an early Bitcoin advocate and founder of ShapeShift, sold 6,581 ETH worth $27.38 million at a price of $4,161.

Despite the recent transaction, he still retains 556.68 ETH, worth approximately $2.3 million.

“We were founded before Ethereum existed. Still bullish ETH,”  ShapeShift posted.

Another notable move came from Ethereum co-founder Jeffrey Wilcke. He recently deposited 9,840 ETH (about $9.22 million) into Kraken.

Just three months ago, Wilcke transferred 105,737 ETH to eight newly created wallets. He now holds 95,897 ETH, valued at around $401 million.

In a separate case, OnChain Lens observed that a long-dormant whale moved funds after five years of inactivity. The crypto whale deposited 5,000 ETH worth $21.14 million into Binance. The move netted a profit of roughly $45.38 million.

“The whale initially received 55,001 ETH worth $6.73 million from BitZ, 7 years ago. The whale still holds 5,001 ETH worth $21.07 million,” OnChain Lens added.

The contrasting moves, from large-scale accumulation to substantial profit-taking,  reveal a split in sentiment among major ETH holders.

The post How Crypto Whales are Reacting to Ethereum’s Rally and All-Time High Optimism appeared first on BeInCrypto.

News

How Bitcoin Miners Could Drive a New All-Time High For BTC

Monicah W

Bitcoin’s price has steadily risen, climbing approximately 4% over the past seven days. This trend reflects improving market sentiment and growing optimism among investors. 

As momentum builds, key on-chain indicators signal the possibility of a sustained rally in the coming trading sessions.

Bitcoin Miners Hold Tight

Bitcoin miners have resumed accumulation, with the coin’s miner reserve reaching a weekly high of 1.8 million BTC. 

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Bitcoin Miner Reserve.
Bitcoin Miner Reserve. Source: CryptoQuant

The Bitcoin miner reserve tracks the number of coins held in miners’ wallets. It represents the coin reserves miners have yet to sell. When it declines, miners are moving coins out of their wallets, usually to sell, confirming growing bearish sentiment against BTC. 

Converesly, when it climbs, miners are holding onto more of their mined coins, which usually reflects confidence in future price appreciation and a bullish outlook.

Furthermore, the decline in BTC’s Miner-to-Exchange Flow highlights the accumulation trend among miners on the network over the past seven days.

According to CryptoQuant, this metric, which measures the total amount of coins sent from miner wallets to exchanges, has plunged by 10% during that period.

Bitcoin Miner to Exchange Flow
Bitcoin Miner to Exchange Flow. Source: CryptoQuant

When BTC’s Miner-to-Exchange Flow falls, miners hold back from selling and keep their coins off exchanges. This reduced selling pressure signals growing confidence in BTC’s price and can help strengthen its rally.

Moreover, last week, weekly inflows into spot Bitcoin ETFs turned positive, reversing the negative outflows recorded in the previous week. Per SosoValue, between August 4 and 8, capital inflow into these funds totaled $247 million.

Total Bitcoin Spot ETF Net Inflow.
Total Bitcoin Spot ETF Net Inflow. Source: SosoValue

This shift signals renewed institutional buying interest and a change in market bias toward BTC. Institutional investors remain confident that the coin will extend its gains and are increasing their direct exposure through ETFs. 

Can BTC Push Past $118,851 to $120,000?

This combination of renewed institutional demand and miner confidence strengthens the case for BTC’s near-term return to above $120,000. However, for this to happen, the king coin must first break above the resistance at $118,851. 

Bitcoin Price Analysis
Bitcoin Price Analysis. Source: TradingView

On the other hand, if accumulation stalls, the coin could resume its decline and fall toward $115,892.  

The post How Bitcoin Miners Could Drive a New All-Time High For BTC appeared first on BeInCrypto.

News

XRP Volatility Might be Fading – Downside Break or Rally Ahead?

Monicah W

XRP’s market momentum has slowed since Friday, with trading activity cooling and price action moving sideways. 

The token, which had seen modest movement earlier in the week, now shows signs of reduced volatility and weakening demand, raising concerns about a potential bearish shift.

XRP Trading Flatlines, But Sellers Could Soon Take Control

Readings from the XRP/USD one-chart show that the altcoin has trended within a narrow range over the past three trading sessions. Since Friday, XRP has faced resistance at $3.30 and found support at $3.22. 

This follows a four-day rally between August 3 and 7, during which the token surged by 20%. The current sideways trend indicates reduced market volatility, reflecting a relative balance between buying and selling pressure. 

In such phases, the market is often in a “wait-and-see” mode, with traders anticipating a catalyst to determine the next price move.

The decline in volatility is evident in XRP’s Average True Range (ATR), which has dropped by 10% since August 7. The ATR measures the degree of price fluctuation over a set period, and a falling ATR signals calmer market conditions with less volatility.

XRP Average True Range
XRP Average True Range. Source: TradingView

While periods of low volatility suggest market stability, it can also mean traders are becoming less active, often a precursor to a sharp breakout in either direction.

Furthermore, XRP’s Elder-Ray Index strengthens the case for a potential bearish breakout. This indicator measures the strength of buyers (bull power) and sellers (bear power) by comparing price movements against a moving average. 

On XRP’s daily chart, the Elder-Ray Index has been posting green histogram bars, representing bullish strength, that have steadily diminished in size over the past few days.

XRP Elder-Ray Index.
XRP Elder-Ray Index. Source: TradingView

This contraction points to a loss of buying momentum and creates an opening for sellers to assert control and drive XRP’s price lower.

XRP Faces Make-or-Break Moment Between $3.22 and $3.66

Strong sell-side pressure could trigger a break below support at $3.22. If this happens, XRP’s price could deepen its decline and fall to $2.99.

XRP Price Analysis
XRP Price Analysis. Source: TradingView

However, XRP could push above the price wall at $3.33 if new demand resurfaces. A successful breakout could open the door for a rally toward $3.66. 

The post XRP Volatility Might be Fading – Downside Break or Rally Ahead? appeared first on BeInCrypto.

News

MicroStrategy’s Saylor Says Altcoin Corporate Treasuries Will Help Bitcoin

Monicah W

Amid the rise of altcoin-focused treasury companies, Strategy (formerly MicroStrategy) co-founder Michael Saylor reaffirmed that he remains committed to Bitcoin.

Far from being concerned, Saylor views the growing adoption of altcoins as part of a broader ‘explosion of innovation’ in the digital asset space—one that he believes ultimately strengthens the entire sector, including Bitcoin.

Bitcoin Over Everything: Michael Saylor’s Focus Amid Altcoin Frenzy

In an interview with Bloomberg, Bitcoin maximalist Saylor stressed that despite growing interest in altcoins, most of the capital is still going into Bitcoin.  

“So I’m laser like focused on Bitcoin,” he said.

The Strategy co-founder revealed that the number of companies adding Bitcoin to their treasuries has more than doubled in just six months, jumping from roughly 60 to 160. Furthermore, Saylor labeled Bitcoin as ‘digital capital.’

He forecasted that it would surpass the S&P 500 in performance over the long term

“I think it’s the clear global monetary commodity in the world right now. So it’s the lowest risk, highest return, most straightforward strategy if you want to outperform the S&P and if you want to inject vitality and performance into your balance sheet,” Saylor added.

His latest remarks came after Strategy announced its third-largest Bitcoin purchase. Between July 28 and August 3, the company bought 21,021 BTC for $2.46 billion. The firm, the largest public holder of BTC, has 628,791 BTC worth $74.33 billion.

Strategy’s Bitcoin bet has also proven lucrative. In Q2, the firm reported a net income of $10.02 billion, a shift from the losses posted in the first quarter.

The End of Bitcoin-Only Treasuries? How ETH is Stealing the Spotlight

While Saylor’s conviction in Bitcoin remains unshaken, Ethereum is becoming the next preferred choice for many institutional players. Moreover, their conviction is not without reason. 

Industry leaders point to its adaptability, evolving ecosystem, and diverse applications—from tokenization to enterprise solutions—as factors driving long-term confidence. In fact, Standard Chartered’s Geoff Kendrick argued that Ethereum-focused treasury companies “make more sense” than their Bitcoin counterparts. The reason, he explained, is

“Due to staking yield, DeFi leverage. And from a regulatory arbitrage perspective, they make more sense than their BTC equivalents, too.

In addition, Shawn Young, Chief Analyst at MEXC Research, recently told BeInCrypto that the industry has moved beyond the era of Bitcoin-only corporate treasuries.

“Companies are increasingly diversifying across ETH, SOL, BNB, and TON, treating them as strategic assets aligned with the evolving structure of digital finance. This marks a significant departure from the traditional institutional finance playbook. Firms are beginning to align their treasury portfolios with the operational logic of crypto-native ecosystems, prioritizing liquidity, programmability, and exposure to on-chain growth sectors, Young mentioned.

He explained that firms publicly disclosing their digital asset holdings are setting a new benchmark. According to Young, companies integrating cryptocurrencies into their treasuries today could help shape the new corporate standard in the coming years.

The post MicroStrategy’s Saylor Says Altcoin Corporate Treasuries Will Help Bitcoin appeared first on BeInCrypto.