XRP Price Bounces off From Crucial Support, Analyst Predicts Upside to $5.85

Key Notes Analyst Dark Defender shows the completion of Wave 4 in XRP’s Elliott Wave structure, setting the stage for a potential move toward $5.85. According to the analysis, XRP’s corrective phase aligned with a key Fibonacci retracement level, thereby reviving a bullish outlook. Institutional demand for XRP remains strong, with the token ranking second only to Bitcoin in recent crypto inflows. . Ripple’s native cryptocurrency XRP XRP $1.92 24h volatility: 2.0% Market cap: $116.31 B Vol. 24h: $4.62 B has lost the crucial support at $2.0 amid the broader crypto…

Visa Launches Stablecoin Settlement in US

Key Notes Visa now permits payment settlement with Circle’s USDC stablecoin in the US. As a result, issuers may enjoy faster funds movement over public blockchains. The Visa move comes barely 24 hours after the firm launched a Stablecoins Advisory Practice. Visa Inc has taken its recent stablecoin push a step further by launching a USDC settlement in the United States. This means that US issuer and acquirer partners are now authorized to settle with Visa in Circle’s USDC, a US dollar-pegged stablecoin. It announced this development on Dec. 16.…

Gemini Launches Predictions Market Across 50 US States

Key Notes Gemini rolls out predictions market platform in the United States. The launch follows recent approval from the CFTC. The exchange has waived the trading fees for a limited time. Gemini has launched its prediction market platform, called Gemini Predictions. The new service is now available across all 50 US states through its iOS app and website. According to the company’s recent statement, Gemini Predictions enables users to take positions on events such as election outcomes, economic data releases, and broader market trends. Introducing Gemini Predictions, now live across…

ETH Falls Toward $2,800 Amid Whale Selling and ETF Outflows

Key Notes ETH price needs to defend $2,800 as immediate support or face further crash to $2,600 and even below. Bearish sentiment has been reinforced by heavy selling from large holders, with two Ethereum whales dumping more than $41 million worth of ETH. Spot Ethereum ETF outflows surged to $234 million on Dec 15, with BlackRock’s ETHA seeing the most outflows. Ethereum ETH $2 954 24h volatility: 5.8% Market cap: $356.43 B Vol. 24h: $31.22 B price has come under strong selling pressure amid the broader crypto market sell-off on…

Crypto.com Partners With DMCC to Boost Tokenization

Key Notes Crypto.com, in collaboration with DMCC, is ready to explore new blockchain-enabled applications in Dubai. The duo plans to reduce settlement friction and improve price transparency across major RWA listings. Crypto.com recently launched its prediction markets as a sign of expanding market reach. Crypto.com has inked a strategic partnership with Dubai Multi-Commodities Centre in a bid to explore new blockchain-enabled applications that will support the global commodities trade. The goal of their agreement is to push tokenization deeper into the global commodities market, laying the groundwork for next-generation trade…

Strategy (MSTR) Stock Falls as Bitcoin Hovers Around $87K

Key Notes MSTR stock was down 8.4% as crypto-linked equities slid with BTC. Strategy added 10,645 BTC (~$980.3M), taking holdings to 671,268 BTC. BTC price has been near $87K after a brief dip under $86K, weighing on proxies. Strategy (MSTR) shares fell sharply on Dec. 16 as BTC $87 075 24h volatility: 3.0% Market cap: $1.74 T Vol. 24h: $53.32 B hovered around the $87,000 mark. It is a rough stretch for crypto-exposed equities. The drop came even as Michael Saylor’s company disclosed a fresh, billion-dollar allocation to BTC. Earlier…

Solana Weathers Massive 6 Tbps DDoS Attack

Key Notes Network metrics showed median transaction confirmations at 450 milliseconds and slot latency at 0-1 slots throughout the attack. Solana suffered three DDoS-related outages in 2021-2022, including a 17-hour shutdown in September 2021. The attack scale falls below the largest 2025 DDoS incidents, with Cloudflare reporting mitigated attacks exceeding 29 Tbps. Solana SOL $128.6 24h volatility: 3.0% Market cap: $72.26 B Vol. 24h: $5.92 B absorbed a sustained distributed denial-of-service (DDoS) attack peaking at approximately 6 terabits per second over multiple weeks without any network degradation, according to co-founder…

FCA Launches Major Consultation on Crypto Rules with February 12 Deadline

Key Notes The FCA has opened a wide consultation on new crypto rules. UK crypto ownership has dropped from 12% to 8% in just one year. The proposals cover listings, trading platforms, brokers, staking, lending, and more. The UK’s financial watchdog has opened a major public consultation on how crypto assets should be regulated. This follows the government’s recent confirmation that crypto firms will fall under formal regulation from October 2027. The Financial Conduct Authority (FCA) said the consultation is wide in scope and covers almost every part of the…

AXL Price Crashes 18% as Circle Abandons Token after Acquiring Axelar Network Developer

Key Notes The AXL token has come under strong selling pressure, correcting 18% since the development. With Circle’s acquisition, AXL holders will have no direct economic benefit, such as buybacks, revenue sharing, or governance rights. Common Prefix will assume a larger role in Axelar’s ongoing development, with plans to focus on institutional adoption. AXL, the native cryptocurrency of the Axelar Network, has come under strong selling pressure, dropping 18% in the last 24 hours. This comes after the Circle Internet Group announced the acquisition of Interop Labs, the developer team…

Gold Is Overvalued, Rotation into Bitcoin Is Due: Will 80% BTC Crash Theory Hold?

Key Notes Bitcoin’s RSI against gold has dropped below 30 for only the fourth time. The other 3 times, this scenario has been noticed near major BTC market bottoms. Analyst Michael van de Poppe said that gold appears overvalued relative to BTC. Market analyst Michael van de Poppe said Bitcoin is reaching a rare valuation level when compared with gold. According to his analysis, the relative strength index (RSI) of Bitcoin against gold has dropped below 30 for only the fourth time in Bitcoin’s history. For the fourth time in…