In the fast-paced world of crypto, few things stir the pot like a sudden surge in trading volume. Story (IP), a token designed to revolutionize intellectual property on the blockchain, is currently grabbing headlines after its 24-hour trading volume spiked by over 200%, reaching $64.5 million. So what’s driving this unexpected action—and is it just noise or the start of something bigger?
Story Protocol’s volume increase isn’t subtle—it’s a dramatic move that has caught the attention of traders and analysts alike. Over the past 24 hours, trading activity has increased significantly after being relatively modest just a day ago. This kind of spike typically signals either a wave of new buyers entering the market, whale activity or large-scale transactions.
But why is IP Price Dropping?
Here’s the interesting part: despite the volume surge, Story’s price is actually dropping. This is often a red flag for distribution—a phase where big holders sell into increasing demand. It may also reflect a sell-off after a recent pump, profit-taking by early investors, token unlock events or upcoming milestones. Technically, high volume combined with a falling price suggests bearish pressure. So what’s next for the IP price rally?
The momentum of the price is still very bearish as the RSI has dropped and entered the oversold range. This confirms the bearish dominance, which could keep the price consolidated within the lower range of the descending parallel channel. This suggests the price is now heading towards the support of the channel around $2 and further triggering a rebound. If not, the Story price may discover new bottoms.
The recent surge in volume but drop in price is a mixed signal for traders. On one hand, it shows strong market interest, while on the other hand, it could mean smart money is exiting while retail interest spikes. Hence, the Story (IP) price is believed to squeeze off all the shorts and trigger a strong upswing.
The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) might finally be nearing its conclusion — but is it really wrapping up this Thursday? Let’s break down the facts behind the speculation and what’s actually happening.
The Viral Tweet — Outdated and Misleading
A tweet from Eleanor Terrett has been making the rounds again, suggesting that the SEC would likely address the Ripple case dismissal at a closed-door meeting scheduled for a Thursday. However, what many people may not realize is that tweet is from March. The date isn’t new, and it was relevant to the SEC’s internal scheduling at that time.
What’s Actually Happening with the Ripple vs SEC Case?
To recap, Ripple and the SEC reached a partial resolution some time ago, with Ripple agreeing to a civil penalty for earlier institutional sales of XRP, while the court ruled that XRP is not a security on secondary markets. However, the final paperwork, formal withdrawal, and an official SEC statement remain pending.
Stuart Alderoty, Ripple’s Chief Legal Officer, recently reiterated that the case is effectively over, pending final formalities. But there’s still no official sign-off from the SEC Commission.
Why This Matters for XRP and Crypto Markets
Many analysts believe that once the final paperwork drops and legal clarity is fully established for Ripple, it could bring new institutional adoption opportunities and potentially fuel XRP’s price rally. Some even speculate that XRP ETFs could be on the horizon.
But until the SEC officially publishes the dismissal, it’s premature to declare victory.
Verdict: False Alarm for Now
The claim that Ripple vs SEC will end this Thursday is based on an old tweet and ongoing speculation. As of now, there’s no confirmed date for the final case dismissal announcement.
The post Fact Check: Will Ripple Vs SEC End on Thursday? appeared first on Coinpedia Fintech News
The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) might finally be nearing its conclusion — but is it really wrapping up this Thursday? Let’s break down the facts behind the speculation and what’s actually happening. The Viral Tweet — Outdated and Misleading A tweet from Eleanor Terrett has been …
Hedera Hashgraph is set to implement a mainnet upgrade later today. However, despite the anticipated network improvement, its native token HBAR is already showing signs of fatigue.
HBAR’s price action has cooled off over the past three days, indicating a period of stagnation. With buying pressure starting to drop, the altcoin eyes a pullback over the next few trading sessions.
HBAR Rally Falters as Traders Lose Confidence
Readings from the HBAR/USD one-day chart show that the altcoin posted significant gains between July 9 and July 20. During that period, HBAR’s value rocketed by 59%.
However, over the past three days, this bullish momentum has stalled. While the token has recorded a modest 2% spike in price over the past 24 hours, it is accompanied by a 34% decline in trading volume.
For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
HBAR Price and Trading Volume. Source: TradingView
When an asset’s price climbs while trading volume falls, it suggests weakening conviction behind the move, as fewer participants are driving the price higher. This negative divergence signals that HBAR’s rally over the past day merely mirrors the broader market growth and may not be sustainable in the short term.
Moreover, HBAR’s Balance of Power (BoP) indicator has flipped negative, confirming the waning demand and negative shift in trader sentiment. As of this writing, this momentum indicator stands at -0.57.
The BoP indicator measures the strength of buyers versus sellers in the market, helping to identify momentum shifts. When its value is negative, sellers dominate the market over buyers and put downward pressure on the price.
Can the Upgrade Save HBAR From Sliding Below $0.26?
As the market prepares for the mainnet upgrade, attention will turn to whether the network improvements can boost HBAR’s price action or if the market has already priced in the news. If this is the case and demand remains muted post-upgrade, HBAR’s price could break below $0.26 and fall to $0.22.
Ethereum price surged by 5% on Wednesday, reaching $2,050 for the first time in ten days. With mutiple news catalysts alligning with massive short liquidations, how high can ETH prices go?
Ethereum (ETH) retakes $2,000 after 10-days amid Fed rate pause and SEC news on Ripple
Ethereum’s price surged by 5% on Wednesday, reaching $2,050 for the first time in ten days. This uptick coincided with the U.S. Federal Reserve’s recent policy decision and the conclusion of Ripple’s legal battle with the Securities and Exchange Commission (SEC), events that have significantly impacted the cryptocurrency market.
The Federal Reserve announced a pause in interest rate hikes, maintaining the current rates amid stable economic indicators. This decision has been perceived positively by investors, leading to increased confidence in riskier assets, including cryptocurrencies like Ethereum.
Ethereum Price Action | CoinMarketCap
In a parallel development, Ripple’s CEO, Brad Garlinghouse, confirmed that the SEC has dropped its case against the company. The lawsuit, initiated in December 2020, alleged that Ripple’s XRP token was an unregistered security. The dismissal of this case has been viewed as a significant win for the broader cryptocurrency industry, alleviating regulatory uncertainties that have previously hindered market growth.
More Bullish Signals Appear as ETH Short Traders Emerge Biggest Losers
Aside from the latest Federal Reserve decision and Ripple’s SEC victory boosting altcoin market demand, Ethereum has formed internal bullish catalysts. Over the past week, the Ethereum network successfully implemented two key upgrades: the Pectra Upgrade and the Hoodi Update.
These technical improvements have strengthened investor confidence, helping ETH surpass the $2,000 resistance level on Wednesday.
Crypto market liquidation heatmap, March 19, 2025 | Source: Coinglass
According Coinglass’ latest derivatives crytpocurrency market data suggest further upside potential.
According to the liquidation heatmap, Ethereum saw $86.58 million in total liquidations over the past 24 hours, with short traders suffering the most at $72.62 million. This accounted for a significant 25% of total market-wide liquidations, indicating a short squeeze that fueled ETH’s breakout.
With ETH short traders emerging as the biggest losers, it signals that short sellers are closing their positions at a rapid pace. This has two key implications. First, it suggests that bears are conceding the $2,000 resistance level, reducing downward pressure on ETH.
Second, as ETH advances above $2,050 and stabilizes at $2,067 at press time, many traders who previously placed short positions around key resistance levels have exited. With weaker resistance ahead, ETH could rise rapidly if positive macro sentiment surrounding the Fed’s rate pause persists.
Ethereum Price Forecast: Bulls Need $2,100 Breakout to Confirm Next Move
ETH price surged past $2,036, gaining 5.43% as bullish momentum accelerated following positive macroeconomic swings and successful network updates. Ethereum price forecast indicators on the daily chart reveals that ETH is trading above the 20-day moving average, signaling a potential short-term bullish reversal. The recent price action also aligns with the VWAP level of $2,009, further validating the strength of this rebound. A decisive close above $2,100 could open the door for a continuation toward the next resistance level at $2,373, as indicated by the upper Keltner Channel boundary.
Ethereum Price Forecast
However, despite the bullish momentum, Ethereum remains under a looming “death cross” overhang, where the 50-day moving average trends below the 200-day moving average, signaling a long-term bearish risk. Additionally, while short-term resistance may have weakened due to the massive $72 million in ETH short liquidations recorded Wednesday, the broader trend remains uncertain. If ETH fails to break and hold above $2,100, a rejection could trigger a retest of lower support around $1,927, potentially extending losses toward $1,801.
For now, bulls need to establish control above $2,100 to confirm sustained upside potential. A breakout beyond this level could drive ETH into a new uptrend, while failure may see renewed selling pressure in the coming days.
