A crypto expert has addressed the arguments suggesting that the XRP price could never reach $10,000. He explained that XRP is in a different league from most cryptocurrencies, making traditional valuation methods less effective. The expert also asserts that XRP is designed to handle large-scale institutional flows and, as a result, a $10,000 valuation cannot be ruled out entirely in the long run. Why The XRP Price Could Reach $10,000 Stern Drew, the founder and CEO of Stageyo, the world’s first digital marketplace for stage performers, has weighed in on…
Category: Analysis
Bitmine’s $1B Ethereum Bet Ignites Supply Squeeze Fears
Key Notes BitMine Immersion Technologies staked 342,560 ETH (approximately $1 billion) over a 48-hour period. The company’s total Ethereum holdings now exceed 4.1 million ETH, or 3.41% of the total circulating supply. The Ethereum validator entry queue has grown to over 12 days, nearly double the size of the exit queue, for the first time in six months. BitMine Immersion Technologies (NYSE: BMNR), chaired by Tom Lee, staked approximately $1 billion worth of Ethereum ETH $2 931 24h volatility: 0.4% Market cap: $354.23 B Vol. 24h: $26.34 B , depositing…
Strategy Adds 1,229 BTC as Schiff Questions Funding Source
Key Notes On December 29, Michael Saylor announced the acquisition of an additional 1,229 Bitcoin units. Peter Schiff does not think that the company has enough capital to sustain this acquisition. Currently, Strategy holds a total of 672,497 BTC. Strategy Inc. has made a fresh Bitcoin BTC $87 698 24h volatility: 0.3% Market cap: $1.74 T Vol. 24h: $48.61 B purchase, even though Peter Schiff didn’t think that the business intelligence and software firm had enough capital to complete the purchase. The conversation all started after Michael Saylor, the Executive…
Crypto Funds Shed $446 Million
Key Notes CoinShares’ weekly report shows that crypto investments saw outflows to the tune of $446 million. Bitcoin and Ethereum dominated the outflows over the past week. XRP and SOL ETFs continue to see massive inflows. The “Digital Asset Fund Flows Weekly Report” published by CoinShares reveals that crypto investments experienced outflows of $446 million. The majority of the outflows were centered in the United States, while Germany maintained inflows. On the other hand, XRP XRP $1.86 24h volatility: 0.4% Market cap: $112.63 B Vol. 24h: $1.95 B and Solana…
Crypto Predictions for 2026: Top Analysts’ View
Key Notes The role of stablecoins is shifting from niche tools to essential payment and settlement infrastructure. Clearer policy frameworks and increasing institutional interest are expected to support rising crypto valuations. Market focus is moving from speculative narratives to real-world applications. 2025 has been a wild ride for everyone who expected BTC $87 178 24h volatility: 0.8% Market cap: $1.74 T Vol. 24h: $45.27 B and major altcoins to hit new highs. We’re 3 days away from the New Year, volatility is still insane, the Fear and Greed index has been…
Trend Research Borrows $1B in Stablecoins to Buy ETH
Key Notes Trend Research’s ETH position has a $3,265 dollar cost average, having borrowed $958 million in stablecoins on Aave to buy Ether. The firm has $1.8 billion in deposited ETH collateral, held in AETHWETH, Aave’s interest-bearing token. Recent activity on December 29 involved two 20 million USDT loans on Aave, both deposited to a Binance address, followed by one ETH withdrawal. Investment firm Trend Research has an open long spot position on Ethereum ETH $2 914 24h volatility: 0.8% Market cap: $356.52 B Vol. 24h: $23.41 B at a…
China Unveils Plan for Banks to Pay Interest Rate on Digital Yuan
Key Notes Commercial banks in China that offer digital yuan wallets are required to pay interest to users. A new action plan has been approved for China’s CBDC development. The authorities are hopeful that this will bring the much-needed change to the coin’s adoption. The People’s Bank of China (PBOC) recently announced a major update in the development of Digital Yuan, its Central Bank Digital Currency (CBDC). The details for its digital yuan overhaul is contained in a document titled, “Action Plan on Further Strengthening the Construction of Digital RMB Management…
$585M in Token Unlocks Loom
Key Notes The total value of the large tokens expected to be unlocked this week reached $585 million. The crypto community shares concerns over selling pressure. Most of the mentioned altcoins are still far from their all-time highs. Multiple cryptocurrencies will see incoming cliff and linear token unlocks within the next seven days, putting pressure on the investors’ sentiment. According to Wu Blockchain, Hyperliquid HYPE $25.61 24h volatility: 1.2% Market cap: $6.11 B Vol. 24h: $194.22 M , Sui SUI $1.46 24h volatility: 0.5% Market cap: $5.46 B Vol. 24h:…
Ethereum Price Targets Break Above $3K, Bulls Smell Opportunity
Ethereum price started a decent upward move above $2,900. ETH is now showing positive signs and might eye more gains above $3,000. Ethereum started a recovery wave above the $2,920 zone. The price is trading above $2,950 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2,930 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above the $3,000 zone. Ethereum Price Eyes More Gains Ethereum price managed to stay above the…
U.S., Russia, and Ukraine Clash Over Disputed Ukrainian Nuclear Plant
Key Notes The U.S. proposes joint management operations of the Zaporizhzhia Nuclear Power Plant for Bitcoin mining. The proposal is a part of the ongoing peace negotiations in the almost four-year-long Russia and Ukraine. The Bitcoin mining sector is gaining attention globally from countries like the U.S., France, and China. . The U.S. has expressed interest in using the disputed Zaporizhzhia Nuclear Power Plant (ZNPP) for BTC $88 888 24h volatility: 1.5% Market cap: $1.78 T Vol. 24h: $37.94 B mining. This proposed move by the U.S. is part of…