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Strategy (formerly MicroStrategy) is tying its bootlaces to acquire more Bitcoin after company founder Michael Saylor flashed the tell-tale buy signal. As fears of a Bitcoin crash intensify, renewed institutional purchases after the weekend may prop up prices for the largest cryptocurrency. Michael Saylor Hints At Fresh Strategy Bitcoin Purchase Michael Saylor has shared the
The post Strategy To Purchase More Bitcoin As Michael Saylor Posts Portfolio Tracker 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.
The post Ripple (XRP) Price Predicted to hit $3.10 if Trump Sacks Jerome Powell in 2025 appeared first on CoinGape.
The post FTX Founder Sam Bankman-Fried May Get Out Of Prison Early – Here’s How appeared first on Coinpedia Fintech News
Once celebrated as a crypto genius, Sam Bankman-Fried – better known as SBF – is now serving time for one of the biggest frauds in crypto history. His $11 billion FTX collapse sent shockwaves through the digital asset space.
Now sentenced to 25 years, some legal twists could see him walking free earlier than expected. Let’s break it down.
In March 2024, a jury found SBF guilty on seven counts of fraud and conspiracy. Prosecutors revealed how he and his close team funneled customer funds from FTX into his trading firm, Alameda Research.
The result? A collapse that destroyed trust in crypto markets and left investors in disbelief. It was one of the most damaging events the industry has ever seen.
SBF began his prison sentence at Brooklyn’s Metropolitan Detention Center. The conditions were rough – frequent power outages, staffing shortages, and inadequate vegan meals.
His lawyers called the conditions “inhumane.” He was moved to FCI Terminal Island in California – a lower-security prison. The new facility houses around 850 male inmates.
The Bureau of Prisons has now listed SBF’s expected release as December 14, 2044 – more than four years earlier than his full sentence.
Why? Federal inmates can earn up to 54 days off per year for good behavior. Additional credits come from taking part in educational and rehab programs. Plus, time spent in jail before sentencing counts too. Altogether, these could cut his 25-year term down to under 21 years.
SBF’s former girlfriend and Alameda CEO, Caroline Ellison, also faced charges. She cooperated with authorities and received just a two-year sentence. With reductions, she could be released by May 2026.
It’s worth noting that SBF’s own bail was revoked during trial for leaking Ellison’s personal writings to a journalist – hurting his chances for leniency.
SBF reportedly seeking a pardon from President Donald Trump, with his parents lobbying Trump’s circle. Trump has pardoned crypto figures like BitMEX co-founders for violating anti-money laundering laws and Silk Road’s Ross Ulbricht, suggesting a pro-crypto stance.
Bankman-Fried lacks the crypto community’s support. His pardon bid is a long shot due to his Democratic ties and limited backing.
Good conduct and credits from welfare programs may cut SBF’s jail time from 25 to 21 years. However, Trump’s pardon bid can be a tough sell.
As his legal team struggles, and scant crypto support and Democratic ties, his 25-year sentence is likely to stick, despite Trump’s crypto-friendly pardons.
The post FTX Founder Sam Bankman-Fried May Get Out Of Prison Early – Here’s How appeared first on Coinpedia Fintech News
Once celebrated as a crypto genius, Sam Bankman-Fried – better known as SBF – is now serving time for one of the biggest frauds in crypto history. His $11 billion FTX collapse sent shockwaves through the digital asset space. Now sentenced to 25 years, some legal twists could see him walking free earlier than expected. …
The post Ripple & SEC Jointly File for Dismissal, Fueling XRP Price Today appeared first on Coinpedia Fintech News
The XRP price today is experiencing a powerful surge, propelled by a much-awaited monumental news event and strong on-chain metrics.
The most recent breaking news, reveals Ripple’s joint filing with the SEC to dismiss all appeals. This news is confirmed by Ripple’s CLO, Stuart Alderoty.
This has ignited a market-wide rally, restoring investor confidence and triggering a cascade of bullish activity. This powerful combination of legal clarity and market momentum is what driving XRP price today.
The positive XRP news today has been a massive catalyst, which helped ignite a flurry of activity in both the derivatives and spot markets, as revealed by Santiment’s data.
The XRP’s total Open Interest (OI) has surged to a staggering $2.77 billion. The rise in massive influx of capital into the market and build-up of leveraged positions is a very clear sign of traders betting big on continued upside.
Supporting this, the total funding rates have also spiked from 0.004% to 0.01% in the last 24 hours. This is a definitive sign of strong market confidence. Because a rise means bullish traders are paying a premium to maintain their long positions.
Moreover, the accumulation this week highlighted by Santiment’s data shows an uptick, too. It shows that the wallet addresses that are holding between 1 million and 100 million XRPs have been significantly increasing their holdings since early August.
That said, this whale accumulation, combined with a “retail FOMO” trend, shows that both large and small investors are buying into the post-lawsuit optimism.
In Addition, the number of active addresses on the network has skyrocketed, jumping to 90.4K in just 24 hours, which is a significant increase from the week’s low of 42.8K.
This revival of on-chain activity suggests growing utility and user engagement, which are crucial for sustaining the XRP price rally.
With the five-year legal battle’s end, the XRP price USD has rebounded to early 2025’s level at $3.31, at the time of writing.
This surge came after a decisive bounce off the 50-day EMA support at $2.75 in early August, marking a nearly 20% rise in a week’s time, and a 12% gain in intraday trading alone.
Per the Ripple price prediction for August, the optimism for higher targets has surged. Where experts are betting on $5.00 most likely to hit first.
This powerful rally is part of an ongoing falling wedge breakout, which is currently in the process of completing its pullback phase.
Once this pullback phase is complete by jumping beyond the $3.66 all-time high, a new chapter will begin for the XRP/USD pair that could see a significant new leg up.
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The post Ripple & SEC Jointly File for Dismissal, Fueling XRP Price Today appeared first on Coinpedia Fintech News
The XRP price today is experiencing a powerful surge, propelled by a much-awaited monumental news event and strong on-chain metrics. The most recent breaking news, reveals Ripple’s joint filing with the SEC to dismiss all appeals. This news is confirmed by Ripple’s CLO, Stuart Alderoty. This has ignited a market-wide rally, restoring investor confidence and …