XRP’s price action in recent days has taken a softer turn, with the token now trading below $2 after failing to hold recent recovery attempts. That move has changed the near-term momentum back in favor of sellers, especially as price action is printing closes beneath short-term dynamic support on the higher timeframes. A technical analysis shared by CoinsKid on X looks at a broader corrective structure developing on the 5-day chart, one that could place XRP on a more pronounced bearish path if important price levels are not reclaimed. 3-Wave…
Category: Other Crypto News
Bridges Are Crypto’s Next FTX Waiting To Happen
Opinion by: Kadan Stadelmann, chief technology officer of Komodo Platform Crypto didn’t get wrecked by regulators or some shadowy conspiracy. The industry did this to itself. It handed control of cross-chain liquidity to a handful of intermediaries, who it called “bridges,” wrapped assets in slick tickers, and pretended that was decentralization. Every time one of these house-of-cards systems collapses, billions vanish, and the rest of the industry shrugs, as if these were isolated accidents instead of warning sirens blaring across the ecosystem. Multichain’s collapse was a mess. The Ronin hack…
XRP Price Could Surge Another 30% If This Trend Is Confirmed
Crypto analyst ChartNerd has raised the possibility of the XRP price recording another 30% surge from its current level. This comes even as the altcoin risks erasing its year-to-date (YTD) gains due to the recent crypto market crash. How The XRP Price Could Rally To $2.70 In an X post, ChartNerd stated that a potential XRP price rally to $2.70 is a possibility in the near term if the altcoin can hold the Fib support targets and mark a higher low. He highlighted three Fib support levels, including the 0.5…
CertiK Traces $63M in Tornado Cash Funds to $282M Crypto Hack
Roughly $63 million in Tornado Cash deposits has been linked to the $282 million cryptocurrency wallet compromise of Jan. 10. Blockchain security firm CertiK said in a Monday X post that its monitoring systems identified Tornado Cash interactions tied to the exploit. The update expands on the post-theft money laundering mechanics of the Jan. 10 incident, which is being tracked by multiple crypto investigators due to the amount lost and the speed at which funds were moved. Source: CertiK CertiK diagram maps the laundering path According to CertiK’s analysis, a…
Kazakhstan President Signs Laws Regulating Digital Assets
Kazakhstan’s President Kassym-Jomart Tokayev has signed legislation establishing a framework to regulate digital assets, including cryptocurrencies like Bitcoin (BTC). Tokayev signed the laws “On Banks and Banking Activities” and “On Amendments and Supplements to Certain Legislative Acts on the Regulation and Development of the Financial Market, Communications, and Bankruptcy,” according to a government statement. The rules introduce a classification for digital assets, including stablecoins, assets backed by financial instruments and property, and financial instruments issued in electronic digital form. The National Bank of Kazakhstan (NBK) will act as a key…
Bitcoin Bulls Fired Up As Saylor Teases ‘Bigger Orange’
Michael Saylor’s hint about a “Bigger Orange” has sent fresh energy through parts of the Bitcoin market. It came after Strategy executed a very large buy, and traders took the message as a sign there may be more accumulation ahead. Short bursts of buying have a way of changing tone on trading floors. Related Reading Saylor Signals New Buying Spree According to reports, Strategy purchased more than $1.25 billion in Bitcoin in its latest move, adding thousands of coins to its holdings. That stack has pushed the company closer to…
XRP Is Doing Something It Hasn’t Done Since 2021: Why It Matters
XRP is flashing a rare relative-strength signal against ETH, according to crypto analyst Matt Hughes (“The Great Mattsby”), who points to a 2-week Ichimoku cloud flip that he says hasn’t meaningfully held as support since 2021. With XRP also boxed inside a defined USD range on lower timeframes, Hughes frames the next phase as a conditional “prove it” moment: reclaim one level, and the market has room to work; fail it, and the breakout narrative stays premature. XRP Poised To Outperform ETH? Hughes’ primary claim is anchored to the XRP/ETH…
Why Wrench Attacks Are Becoming Crypto’s Most Violent Crime
In January 2025, French authorities freed Ledger co-founder David Balland after kidnappers demanded a large ransom in cryptocurrency. The case illustrated what crypto crime can look like when it leaves the screen and becomes a physical hostage situation. In fact, crypto-related disputes and theft are increasingly linked to real-world violence, including abduction attempts and ransom schemes designed to force victims to hand over access. That is the logic of a wrench attack. Instead of hacking a wallet, criminals use threats or force to make the holder unlock it or send…
Ethereum’s “Walkaway Test”: Why Quantum Readiness Matters
What is the “walkaway test?” Vitalik Buterin’s “walkaway test” is a way to assess Ethereum’s long-term credibility. The network is intended to remain secure and functional even if its core developers were to stop actively upgrading it. In a recent analogy, Buterin suggested that a protocol should resemble a tool you own, such as a hammer, rather than a service that gradually degrades if the “vendor” loses interest or becomes constrained by external pressures. The end state he points to is an Ethereum that could “ossify if we want to,”…
Binance Australia Restores Direct Bank and PayID Transfers for User
Crypto exchange Binance has reintroduced direct bank transfers in Australia two years after the exchange was abruptly “cut off” from the Australian banking system. As of last Friday, Binance Australia has relaunched direct fiat bank and PayID deposits and withdrawals to its Australian users. The rollout began with a small group of users last year, according to a statement on Monday shared with Cointelegraph. Binance Australia and New Zealand general manager Matt Poblocki said limited fiat access has created friction for local users trying to participate in the digital asset…