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XRP has been on a consistent downtrend in recent days, with its price falling sharply and approaching the $2 mark. This has resulted in extended losses for the cryptocurrency, with a notable rise in selling pressure.
Despite the bearish momentum, key investors are trying to offset the negative impact.
Whale activity has been a major factor contributing to the recent decline in XRP’s price. Addresses holding between 100 million and 1 billion XRP have sold over 1.12 billion XRP, worth $2.34 billion, in the past seven days. This has brought their total holdings down to 8.98 billion XRP.
The selling activity from these whale addresses reflects a cautious outlook for XRP. While whale selling often indicates uncertainty in the market, it’s important to note that their behavior can also have significant short-term price movements. The recent heavy selling could signal that market participants are unsure about the short-term price action, and further bearish trends could follow if this continues.
On the broader market level, XRP’s macro momentum shows signs of divergence from the whale selling. The Liveliness metric, which tracks the behavior of long-term holders (LTHs), is currently declining.
A falling Liveliness typically signals that LTHs are accumulating more of the asset at lower prices rather than selling. This drop to a three-month low suggests that long-term holders are sticking to their conviction and accumulating XRP, even as whale selling intensifies.
The steady accumulation of LTHs might help cushion the bearish effects created by the whales. This behavior can counteract the selling pressure, potentially offering stability to XRP’s price and supporting a recovery if market conditions improve.
XRP’s price has fallen by 14.5% this week, bringing it to $2.09, which is dangerously close to losing the critical $2.02 support level. The ongoing bearish momentum has created mixed signals in the market, which are likely to keep the price stuck in a narrow range for the time being.
If XRP can bounce back from the $2.02 support, it could recover some of the recent losses. However, the altcoin may remain consolidated below the $2.27 resistance level unless more positive news or market conditions arise to push it higher.
If XRP breaks through the $2.27 barrier or falls below $2.02, it could invalidate the current consolidation outlook. A successful breach of $2.27 could pave the way for a price recovery, with $2.56 being the next significant target.
The post XRP Whales Sell $2.3 Billion Supply; Price Nearly Fell Below $2 appeared first on BeInCrypto.
Before anything was official, before there was a venue, a name, or a date, there was just a shared sense of “we need this”. The idea for ETH Belgrade didn’t come from a funding round or a flashy vision deck. It grew out of conversations, often in hallways of other Web3 events, between people who kept running into each other across the globe. Builders from the Balkans were everywhere.
That idea was brought to life by Tanja Mladenovic and Petar Popovic, who went on to co-found ETH Belgrade and build a team around a simple mission: create an Ethereum event grounded in builder needs and community values.
For Petar, the idea took root at LisCon 2021.
“The energy was unforgettable. I imagined bringing that same spark to Belgrade,” he says.
He and Tanja made it happen by June 2023. The vision was backed by data: Balkan builders were everywhere: Lisbon, Dubai, Paris.
“Serbians, Croatians, Macedonians… always present,” Petar adds. “It showed us we needed something of our own.”
Belgrade, with companies like Tenderly and DeFi Saver and over 50 startups, was the natural choice. It wasn’t just a location, but the center of regional innovation.
ETH Belgrade was never about the flash. It was about utility.
“There’s often a gap between infrastructure and real-world use cases,” says Petar.
The team set out to close it. Talks extended beyond code, covering product design, regulation, and GTM strategies. The ETH Belgrade Ventures track supported founders with pitch sessions and free booths.
And the commitment didn’t stop at the Balkans: the team flew in hackers from ETH Global Prague, launched “Road to Devcon” meetups in Africa and Southeast Asia, and seeded global community hubs.
ETH Belgrade has grown into an ecosystem: local at its roots, but global in its reach.
“This isn’t just a conference,” Tanja says. “We do coworking days, bootcamps, meetups. We’ve advised ETH event teams, sponsored ETH Safari and ETH Rwanda. It’s bigger than us.”
Ethereum’s technical roadmap is well-documented. Its cultural future is less clear.
“There’s no roadmap for culture,” says Petar. “We’re seeing shifts in leadership, tone, and community priorities. That’ll define the next 12–18 months more than code.”
ETH Belgrade is known for its hospitality, something deeply intentional.
“It’s not just us – it’s the whole community acting like hosts,” says Tanja.
Locals help guests, share tips, and make connections. Internally, small rituals keep the chaos in check.
“I always have my essentials pouch, and take 15 minutes of quiet each day,” Tanja shares.
Applications go through a strict review process led by Nikola Vukovic (DeFi Saver) and Natasa Bujosevic. The focus is quality, not fame.
“No one can buy a speaking slot,” says Petar.
Side events, however, are open-source: anyone can host one. Even logistical setbacks have become learning moments.
“Once we ended up setting hackathon tables at 4 a.m. because of miscommunication,” Tanja laughs. “Now, we overcommunicate and document everything.”
Ilija Rilakovic, who oversees legal matters for ETH Belgrade, emphasizes one thing above all: start early.
“Most legal challenges can be avoided with clear contracts and proper planning,” he says.
That includes agreements with venues, sponsors, and service providers, covering everything from payment terms to cancellation policies.
Ilija also monitors regulatory frameworks, particularly in the EU.
“For certain markets, such as the EU, due to MiCA regulation, non-EU projects may face restrictions on promoting their services unless specifically invited; a concept known as reverse solicitation. This means that you, as a non-EU project, may not actively advertise or solicit EU customers if the services you’re offering fall under MiCA and require a license,” he explains.
While Serbia currently allows more flexibility, understanding these distinctions is critical when organizing an international event.
Hackathons add another layer of complexity. Ilija recommends clear terms for both participants and sponsors, especially to mitigate intellectual property risks.
“As an organizer, you want to avoid being liable for anything created during the hackathon, particularly the functionality and transferability of the product,” he notes.
From website policies to partnership contracts, the goal is to reduce ambiguity and protect all parties involved, ultimately creating a secure and professional environment for innovation.
The team’s advice is clear:
ETH Belgrade wasn’t built overnight. It grew from shared belief, trust, and relentless community focus. While the team is made up of many contributors, from Nikola’s strategic input to Aljosa’s operational coordination, it’s the synergy between them and the broader Balkan Web3 scene that powers ETH Belgrade.
It’s not just an event. It’s a reflection of what Ethereum can become when people, not hype, are at the core.
– Website: https://ethbelgrade.rs/
– X: https://x.com/ethbelgrade
– LinkedIn: https://www.linkedin.com/company/eth-belgrade
– Founders: Petar Popovic | Tanja Mladenovic
The post Behind the Scenes of ETH Belgrade: How the Most Welcoming Ethereum Event Was Built appeared first on BeInCrypto.
The post Ripple Price Prediction As SEC Approves And Pauses Bitwise ETF Holding XRP appeared first on Coinpedia Fintech News
The US Securities and Exchange Commission (SEC) recently made headlines by granting approval for Bitwise’s new spot crypto ETF, which includes XRP. However, just as the crypto community began celebrating, the SEC issued a stay order, putting the launch on hold. This means the ETF cannot officially go live yet. The reason? The SEC wants more time to review the decision at the Commission level.
This delay is similar to how the SEC has handled other altcoin-related ETFs in the past, such as the Grayscale Digital Large Cap ETF. So while there is some progress for XRP’s inclusion in major investment products, the final decision is still pending.
Amid this mixed news, XRP’s price took a hit. It dropped by 7% and is now trading around $3.26. On the lower timeframes, XRP is showing signs of stability. Despite failing to break out on Monday, the price has not collapsed. Instead, it’s consolidating within a narrow range, which shows that a breakout may be coming soon. However, whether it will be to the upside or downside is uncertain.
If XRP manages to break above $3.57 with strong trading volume, it could climb to $3.75, and potentially eye the $4 mark in the near future. On the flip side, if the price drops further, there’s a risk of a further decline, possibly down to $3.10.
XRP’s recent dip isn’t a surprise, says Casi Trades. The price drop is following a very specific pattern, and it’s moving just as predicted. Now, the next move looks like it will take XRP to around $3.21.
This level is important because both small and large technical indicators line up there. But if XRP struggles to hold above $3.40, another drop back to $3.20 could be in store before the pattern ends.
The post Ripple Price Prediction As SEC Approves And Pauses Bitwise ETF Holding XRP appeared first on Coinpedia Fintech News
The US Securities and Exchange Commission (SEC) recently made headlines by granting approval for Bitwise’s new spot crypto ETF, which includes XRP. However, just as the crypto community began celebrating, the SEC issued a stay order, putting the launch on hold. This means the ETF cannot officially go live yet. The reason? The SEC wants …