The debate over whether the XRP price could reach $10,000 has reignited in the crypto market. However, this time, one crypto analyst challenges the common argument that market capitalization could limit XRP’s growth. According to the analyst, this claim is flawed and does not take into context XRP’s liquidity and utility as a global settlement currency. Why Market Cap Does Not Limit Price Surge To $10,000 Some critics argue that XRP would never hit $10,000 because doing so would make its market capitalization exceed the global money supply. Market analyst…
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Virginia Advances Bill For State Bitcoin Fund Strengthening $HYPER Market Position
What to Know: Virginia’s legislative advance toward a state Bitcoin fund validates the asset class and increases the need for scalable Bitcoin infrastructure. Bitcoin Hyper ($HYPER) leverages the Solana Virtual Machine (SVM) to bring high-speed smart contracts and DeFi utility to the Bitcoin ecosystem. Institutional interest is reflected in on-chain data, with over $31.2 million raised in presale so far. The race for state-level crypto adoption just shifted gears. Virginia lawmakers are advancing legislation to establish a dedicated state Bitcoin fund, moving from mere regulatory curiosity to strategic accumulation. The…
Here Are The Next Major Levels To Watch For XRP As The Crypto Market Enters Red Season
Heavy capital outflows and large-scale liquidations have pushed the crypto market firmly into the red, with XRP recording a 26.5% decline over the past week. As prices slide and panic-driven selling accelerates, analysts are shifting focus away from rebound timing toward where support is most likely to form. One prominent market analyst, Casi, has now identified XRP’s next key macro levels, outlining where the asset could either stabilize or face deeper downside pressure. Panic-Driven Market Breakdown Keeps XRP Under Pressure According to Casi’s market assessment, the ongoing selloff reflects broad…
NFT Market Cap Returns to Pre-Hype Levels Near $1.5B
The global non-fungible token (NFT) sector fell below $1.5 billion in total market capitalization, returning to levels last seen before the sector’s rapid expansion in 2021. The retracement unfolded alongside a broader crypto market downturn over the past two weeks, CoinGecko data shows. On Jan. 23, total crypto market capitalization stood at about $3.1 trillion, before falling to $2.2 trillion on Friday. Major assets like Bitcoin (BTC) slid from around $89,000 to about $65,000, while Ether (ETH) fell from $3,000 to near $1,800 throughout the same time frame. Bitcoin and…
Metaplanet doubles down on Bitcoin buying amidst market crash
Japan’s Metaplanet will continue buying Bitcoin even as the crypto market downturn has weighed heavily on the company’s shares. Summary Metaplanet said it will continue accumulating Bitcoin despite a sharp market selloff that has pushed its shares down more than 63% over the past 6 months. The firm added roughly $451 million worth of Bitcoin in Q4 2025, lifting total holdings to 35,102 BTC. As Bitcoin price touched $60,000 around the Asia open, Metaplanet CEO Simon Gerovich took to X to reaffirm the company’s decision to continue stockpiling the flagship…
Bitcoin Price Dumps Hard To $60K, Triggering Market Shockwaves
Bitcoin price extended its decline to $60,000. BTC is down over 10% and might struggle to recover easily above the $70,000 resistance. Bitcoin is attempting to recover but struggling to clear hurdles. The price is trading below $70,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $70,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $62,500 and $61,200 levels. Bitcoin Price Dips Sharply Bitcoin price failed to…
Is the Bottom in? Bitcoin Tests $65,253 as Market Panic Takes Hold
On Feb. 5, bitcoin plunged 7% intraday, breaking below $66,000 and hitting $65,253 on Bitstamp, sparking fears of a retreat toward $60,000. The drop extended bitcoin’s weekly losses past 20% and marked a 30% correction from its mid‑January peak near $98,000. Market Impact and Liquidations The bitcoin rout intensified Feb. 5 as the flagship digital […] Original
Here’s Why Bitcoin Analysts Say BTC Market Has Entered “Full Capitulation”
Bitcoin (BTC) sellers resumed their activity on Thursday as the BTC price dropped below $69,000, the lowest since Nov. 6, 2024. Analysts said that Bitcoin showed signs of “full capitulation” and a potential bottom forming, due to extreme market fear, panic selling by short-term holders and the relative strength index (RSI). Key takeaways: Short-term Bitcoin holders have sold nearly 60,000 BTC in 24 hours. The Crypto Fear & Greed index shows “extreme fear,” signaling a potential bottom. Bitcoin’s “most oversold” RSI points to seller exhaustion. BTC/USD daily chart. Source: Cointelegraph/TradingView…
Polygon to Migrate Prediction Market Settlement to Circle-Issued USDC
Circle Internet Group has partnered with Polymarket to transition the prediction market’s settlement infrastructure to native USDC, replacing bridged stablecoin collateral used for trading on its platform. According to Thursday’s announcement, Polymarket currently uses bridged USDC (USDC.e) on Polygon as trading collateral and plans to migrate to Circle-issued native USDC (USDC) over the next few months. Native USDC is issued by Circle’s regulated entities and can be redeemed one-for-one for US dollars, offering a “capital-efficient” and scalable alternative without relying on cross-chain bridges. Cross-chain bridges are protocols that transfer tokens…
Market on Edge as Strategy Set to Report Earnings, BTC Drops Below $70,000
Key Notes Strategy stock is trading at a huge discount as sentiment remains bearish. Wall Street still maintains a Strong Buy consensus on MSTR despite short-term pressure and expected unrealized losses. Strategy outlook comes as Bitcoin price dropped to its lowest level since November 2024. Strategy Inc. stock is facing a selloff in pre-market as investors are anticipating its earnings report and Bitcoin price trading below $70,000. This outlook has raised fresh questions about the value of the company’s large BTC BTC $67 084 24h volatility: 10.2% Market cap: $1.34…