With a price tag of $87,867, bitcoin isn’t exactly shy about taking up space on the market cap leaderboard—still clocking in at a dominant $1.75 trillion. Meanwhile, its 24-hour trading volume surged to $40.97 billion, all while swinging in a tight intraday range between $87,180 and $88,763. But don’t let the narrow price band fool […] Original
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Key Notes Market expert EGRAG Crypto outlined long-term upside XRP price targets at $9.28 and $31.65 based on Fibonacci extensions. This marks a 5x-17x upside potential for XRP, with the timelines of 2026-2027. The XRP Ledger surpassed $1 billion in on-chain tokenization, driven by rising stablecoin balances. Ripple’s native cryptocurrency XRP XRP $1.88 24h volatility: 1.7% Market cap: $114.35 B Vol. 24h: $2.35 B continues to flirt with $1.90, in what seems to be a broader base formation for the altcoin. The XRP price has formed a triple bottom structure.…
Key Notes Senator Roger Marshall withdraws controversial credit card fee amendment. Lawmakers work to resolve remaining issues before the January 30 deadline. Analysts warn a U.S. shutdown could drain liquidity, impacting crypto markets first. The U.S. crypto market structure bill is back in the spotlight ahead of a possible U.S. government shutdown starting Jan. 31. Recent developments over the past weekend suggest the legislation has gained traction. During the upcoming markup sessions, scheduled for Jan. 29, Democrats have reportedly agreed not to raise any major objections, potentially smoothing the bill’s…
The Russian government has banned its citizens from interacting with the crypto exchange WhiteBIT due to the company’s contributions to the Ukrainian military. WhiteBIT, which was founded by Ukrainians and is headquartered in Lithuania, has donated $11 million to Ukraine’s armed forces since the Russian invasion began in 2022. The exchange has also facilitated more than $160 million in donations for Ukrainian defense and humanitarian aid purposes via its payments solution Whitepay, according to Alyona Gorbatko, a public relations and communications specialist at the company. The Prosecutor General’s Office of…
Key Notes Kalshi took its lobbying effort with the US government a step further by setting up an office in Washington. John Bivona will be the company’s first head of federal government relations. Kalshi is still facing legal hurdles in some US states. Top prediction markets platform Kalshi has expanded its presence by setting up a new office in Washington, D.C. The move is targeted at strengthening its policy efforts with the United States. Precisely, this move is aimed at boosting Kalshi’s strategic lobbying effort with the US government. Kalshi…
In a new interview with US media personality Tucker Carlson, gold advocate Peter Schiff has renewed his attack on Bitcoin and the broader crypto industry. Speaking on Carlson’s show, he argues that Bitcoin (BTC) is a speculative instrument with “no actual use” and warns that proposals for a US strategic reserve amount to a taxpayer‑funded bailout for early adopters. Schiff also spends much of the conversation attacking official inflation data and fiscal policy, telling Carlson that Americans are “being lied to” about inflation, and arguing that the government changed the…
Crypto analyst Cryptoinsight has drawn attention to an “extremely interesting” price action for XRP. He highlighted the altcoin’s funding rates and spot volume, which provided insights into XRP’s recent downtrend, with its drop below the psychological $2 level. How XRP’s Funding Rates And Spot Volume Explain The Price Action In an X post, Cryptoinsight noted that open interest is rising significantly as funding flips heavily negative and the premium also continues to get more negative. In line with this, he remarked that leveraged players artificially created the move down for…
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Valour gains UK Financial Conduct Authority approval and begins offering bitcoin and ethereum staking ETPs to UK retail investors. DeFi Technologies subsidiary Valour Inc. announces UK Financial Conduct Authority (FCA) and London Stock Exchange (LSE) approvals and begins offering 1Valour Bitcoin Physical Staking and 1Valour Ethereum Physical Staking to UK retail investors on Jan. 26, […] Source