Whale selling and bearish technicals suggest ETH could plummet to $1,752—here’s when the drop may accelerate. Ethereum (ETH) price faces immense selling pressure after the $2,700 local top as blockchain data reveals investors cashed out nearly $1 billion in profits this week. Today ETH trades at $2,500, but whale transaction count spike shows that large investors are distributing their holdings. Technicals solidify this potential crash by flashing a bearish divergence sell signal. According to Santiment’s Network Realized Profit/Loss (NPL) metric, shows $835 million worth of ETH tokens were moved on May 15. This indicator tracks daily coin movements, this represents the most significant profit realization since Ethereum price plummeted to $1,385 in April. ETH Network Realized Profit/Loss The selling aligns with a spike in whale transactions exceeding $1 million. Historical patterns show similar activity preceded April’s 35% crash, suggesting large holders who bought the dip are now exiting positions. This… Read More at Coingape.com
XRP price is experiencing choppy movements that could continue for most of this week after the SEC delayed its decision on Franklin Templeton’s Ripple ETF filing. However, Bloomberg believes there is an 85% odd of approval by the final deadline in October. With the increased chances, traders are speculating whether to buy XRP now and await gains.
XRP Remains Flat As Bloomberg Eyes ETF Approval in Q4
XRP value today is experiencing sideways moves with no clear breakout despite a bullish outlook in the broader market as Bitcoin defends $95,000. Its lack of meaningful gains comes after the SEC delayed the decision on Franklin Templeton’s XRP ETF filing until June 17.
XRP/USDT: 4-Hour Chart
Despite this development, Bloomberg has increased XRP ETF approval odds to 85% while analyst James Seyffart has opined that the commission may give its nod on the pending applications during the last quarter of 2025. While responding to Crypto in America host Eleanor Terrett, Seyffart added that the SEC approve the filings before the final decision date.
Eleanor Terrett
Seyffart is likely basing his projection for approval on the SEC vs. Ripple lawsuit coming to an end. The new chair, Paul Atkins, took office last week, and he may be the key to this case finally being closed.
Should You Buy XRP Before ETF Approval Deadline?
Approval will mean gains for the XRP price, considering that institutions have shown interest in the Ripple ETFs that are already trading. The first US leverage Ripple ETF by Teucrium has amassed $55M in net assets one month into launch, while Brazil also debuted a spot ETF.
According to analyst Chad on X, approval will fuel a price rally by opening up a new revenue stream for most investors. Meanwhile, investment banking giant Standard Chartered has predicted that XRP might skyrocket to $5.50 by the end of the year while attributing this rally to ETF products.
Therefore, a trader looking to front-run a potential rally should consider buying now despite the ETF approval delay. However, caution is still advised as the SEC might still reject the applications if the lawsuit fails to be officially closed by year-end.
XRP Price Analysis as Bulls Retain Control
XRP bulls show resilience despite the rally halting after hitting resistance at $2.30, suggesting that an uptrend may be on the horizon. The token is trending within the upper Bollinger band, implying a strong bullish momentum and the likelihood of the rally continuing.
Meanwhile, the RSI continues to rise and has reached 56, which points to sustained buying pressure and a likelihood that the XRP price will continue to trend upwards.
If the bullish scenario holds and Ripple maintains support at the middle Bollinger band, it faces the next resistance at $2.61, and if it can flip this level, it could continue the toward trend towards $3.
XRP/USDT: 1-day Chart
Hence, XRP price is facing a bullish recovery as traders await the approval of spot ETF filings after Bloomberg raised their odds of the product debuting in the US to 85%. Traders might frontrun this approval and fuel gains for Ripple in the near term.
President Donald Trump’s latest executive order (EO) introduces new rules for how the U.S. government will handle digital assets like Bitcoin (BTC), XRP, and other cryptocurrencies. The order focuses on two key components: a strategic reserve for Bitcoin and a broader digital asset stockpile that includes XRP and other altcoins.
What is the Strategic Reserve for Bitcoin?
According to Fox Business’ Eleanor Terrett and David Sacks, the EO establishes a strategic reserve for Bitcoin (BTC), which will be the U.S. government’s primary digital asset. This reserve will be funded using the approximately 200,000 BTC tokens already in the government’s possession. These Bitcoins were seized over the years through criminal and civil forfeitures—meaning they were taken from illegal activities. The government will not need to buy any additional Bitcoin with taxpayer money. In fact, officials are authorized to explore ways to acquire more Bitcoin, but only through methods that do not cost taxpayers.
What is the Digital Asset Stockpile?
Alongside the Bitcoin reserve, the EO also creates a digital asset stockpile, which will contain cryptocurrencies other than Bitcoin. The stockpile will likely include assets like XRP, ADA (Cardano), ETH (Ethereum), and SOL (Solana), as announced by the President. However, unlike Bitcoin, the government will not actively look to purchase more of these altcoins. Instead, it will explore ways to acquire them without spending taxpayer dollars, such as using cryptocurrencies already seized from illicit activities.
The Role of Seized Assets
A key point discussed by experts is how the government will build its stockpile of XRP, ADA, and other cryptos without purchasing them. According to a former Goldman Sachs employee and founder of EasyA, the government will use seized assets to fill the stockpile. Over the years, the government has confiscated a large amount of cryptocurrency as part of legal actions against criminal activity. This means no new taxpayer money will be used for the stockpile.
No Plans to Sell Crypto
The government also announced that it will not be selling any of its seized cryptocurrencies, including Bitcoin and others. This decision could reduce market volatility caused by government sales of crypto. Over the last decade, the government sold around 195,000 BTC, which some believe led to downward pressure on Bitcoin’s price. By holding onto these assets, the government is signaling a more stable approach to managing its digital holdings.
What Does This Mean for the Crypto Market?
The decision not to sell seized cryptocurrencies, along with the creation of a digital asset reserve and stockpile, is seen as a positive step for the crypto market. It reduces potential selling pressure and might help stabilize prices, especially for Bitcoin. Overall, these measures are viewed as bullish for the market, particularly for Bitcoin and other digital assets included in the government’s stockpile.
The post Explainer: What Trump’s Executive Order Means for Ripple’s XRP, and Other Altcoins appeared first on Coinpedia Fintech News
President Donald Trump’s latest executive order (EO) introduces new rules for how the U.S. government will handle digital assets like Bitcoin (BTC), XRP, and other cryptocurrencies. The order focuses on two key components: a strategic reserve for Bitcoin and a broader digital asset stockpile that includes XRP and other altcoins. What is the Strategic Reserve …
Solana (SOL), EOS, and Jupiter (JUP) are three Made in USA coins making headlines this week with sharply different trajectories. Solana has dropped below $100 amid market volatility and tariff-driven uncertainty.
EOS is up nearly 15% over the past seven days, standing out as one of the few large-cap gainers. Jupiter remains the top crypto aggregator by volume, even as its price hovers near all-time lows.
Solana (SOL)
Solana has dropped over 10% in the past 24 hours, briefly dipping below the $100 mark earlier today.
The sharp decline reflects broader weakness across the crypto market, with SOL struggling to maintain key psychological support levels amid volatility caused by Trump’s tariffs.
If bearish momentum continues, SOL could retest the $95 support level, with a break below opening the door to further downside toward $90.
However, if the trend reverses, the token could push toward resistance at $112, and a decisive breakout there might see it rally to $124 or even $136 on strong bullish momentum, making Solana recover its position as one of the most important made in USA coins.
If this upward momentum holds despite the broader market correction, EOS could push higher to test resistance around $0.88, with potential to break above $0.90 and even challenge the $1 mark.
However, if sentiment shifts and EOS follows the market downturn, it could fall back to support at $0.67. If that level fails, further declines toward $0.59 or even $0.54 may be in play.
Jupiter (JUP)
Jupiter, Solana’s top aggregator, has seen its market cap drop below $1 billion after falling more than 10% in the past 24 hours, now trading dangerously close to its all-time lows.
It also ranked as the fourth-largest protocol by fees in the last seven days, generating $14 million, trailing only Tether, Circle, and Pump.
If the downtrend continues, Jupiter could slip below the $0.30 mark, setting new lows; but if it regains bullish momentum, the token may climb to $0.35, $0.41, and potentially retest the $0.50 level.