Binance Founder CZ Joins X Space to Clarify Aster Ties and Advisory Role
Binance Founder CZ Joins X Space to Clarify Aster Ties and Advisory Role
This weekend, Binance founder Changpeng âCZâ Zhao popped into an X space with the Aster crewâa perpetual DEX projectâand dished on his advisory role, while disclosing Asterâs links to ex-Binance people and noting that YZi Labs has a minority stake in Aster. Binance Founder CZ Talks Aster, BNB Loyalty The perp DEX project Aster and [âŠ]
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Tetherâs Half-Trillion Valuation Goal Catches Ark Investâs Attention
Tether, the company behind the widely used USDT stablecoin, is said to be in talks for one of the biggest private fundraisings in crypto history. Related Reading: Bitcoin Miner TeraWulf Targets $3 Billion To Power Google-Tied Project According to multiple reports, the firm is exploring a $15 billion to $20 billion equity raise that could [âŠ]
Report: SWIFT Flirts With Ethereumâs Linea in Bold Onchain Experiment
SWIFT, the grand old gatekeeper of global bank messages, is reportedly testing its approach onchainâdabbling with Ethereum layer two (L2) Linea to see if its buttoned-up messaging system can handle life in cryptoâs fast lane. TradFi Meets DeFi: SWIFT Experiments With Ethereum L2 The SWIFT networkâaka the buttoned-up Society for Worldwide Interbank Financial Telecommunicationsâis the [âŠ]
Crypto Carnage: $6B Liquidated, BTC and ETH Plunge in Brutal Week
The crypto market lost $240 billion this week as bitcoin, ethereum, and XRP posted steep declines. Bitcoin Leads Downturn The crypto economy closed another turbulent week, with total market capitalization falling from $4.12 trillion to $3.88 trillion. Bitcoin (BTC) led the downturn, dropping from around $115,700 on Sept. 20 to $109,500 by Sept. 27 at [âŠ]
Solana ETF Amendments Roll In For The âFinal CountdownââApproval In 2 Weeks?
Since the Bitcoin and Ethereum products hit the exchanges in 2024, the crypto market has been looking to welcome additional spot exchange-traded funds (ETFs). Currently, the XRP and Solana ETFs appear to be next in line to hit the market, pending the approval of the United States Securities and Exchange Commission (SEC). On Thursday, September [âŠ]
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XRP Price Is âFiring On All Cylindersâ As Super Rare Bullish Setup Emerges
The cryptocurrency market remains in disarray following widespread declines, yet the XRP price continues to attract the attention of analysts who maintain an optimistic outlook. One expert noted that XRP has just printed a rare and bullish setup, with multiple chart indicators aligning in support of upward momentum. XRP Price Forms Rare Multi-Layered Bullish Setup According to crypto market expert Bobby A, XRP is in a rare market position, consolidating above key historical levels while preparing for a move that could lead to new all-time highs. He noted that different indicators are aligning in support of a possible uptrend. Related Reading: Dogecoin Bullish Again? $10 Million Stock Buyback Sparks Fresh Price Hopes In a chart shared on X social media, Bobby explained that XRPâs market capitalization has been holding above its 2018 peak for more than 300 days, an uncommon show of strength amid the recent downturn. This long consolidation above a major resistance-turned support level suggests a massive build-up of energy before the next leg higher. He argues that this base formation signals a potentially explosive move to the upside, with the next market cap targets identified at $173 billion and a peak around $727 billion. On the price front, Bobby reveals that XRP has been forming a multi-month bullish flag pattern on its charts. He labels the critical support zones as âBase Camp 1â around $1.9 and âBase Camp 2â at $2.89âboth of which have been successfully defended. He further highlighted that the monthly Relative Strength Index (RSI) is also positioning itself for one final push toward overbought territory, often a precursor to a sharp upward move. Based on his projections, XRPâs take profit zones sit between $5 and $13, levels that would mark fresh all-time highs. Bobbyâs analysis highlights that XRPâs indicators are âfiring on all cylinders,â with momentum across higher timeframes aligning for a potentially powerful surge. He further pointed out that Bitcoin Dominance (BTC.D), currently at 58.7%, is set to retrace toward the mid-to-low 40% zone soon. Such a move would enable altcoins like XRP to capture a larger market share, thereby reinforcing the likelihood of a bullish breakout. The analyst described this rare alignment as a generational setup that occurs only a few times in a decade. Bearish Divergence Sparks Short-Term XRP Sell-Off While XRP appears to be resisting the present market downturn, not all analysts share an immediate bullish sentiment. Crypto expert JD has warned about a Bearish Divergence forming on XRPâs weekly chartâa signal that has now played out as expected. As shown in the chart, while XRPâs price made higher highs, the RSI indicator printed lower highs, creating a textbook Bearish Divergence pattern. This divergence has already led to a sharp 27% correction from the $3.37 take profit level that JD had previously identified. According to him, many market participants are now questioning why XRP has been under pressure despite broader optimism. Related Reading: Hyperliquidâs Days Numbered? Expert Forecasts âPainful Deathâ JD argues that the Bearish Divergence was the clearest warning signal, and those who ignored it are now witnessing its full effect. He cautions that while XRP may still avoid a deeper breakdown into the âgrey boxâ supply zone, the short-term trajectory remains bearish until momentum resets. Featured image from Unsplash, chart from TradingView