XRP Price Trend Weakens as Bearish Structure Tightens At 12:09 p.m. on April 2, XRP is trading at $1.29, extending its downward trajectory after failing to sustain a recovery above the $1.33–$1.34 region. The asset remains under pressure near the lower boundary of its recent range, with price action continuing to form lower highs and lower lows. Over the past 24 hours, XRP has declined 4.58%, reflecting persistent selling activity and limited bullish conviction as it hovers just above the $1.28 area. From a four-hour chart perspective, XRP’s structure remains…
Tag: Market
Crypto VC Paradigm to Launch Prediction Market Terminal
Crypto-focused venture capital firm Paradigm is reportedly building a prediction markets terminal, joining a wave of Wall Street companies looking for a way to serve the fast-growing sector. Led by Paradigm partner Arjun Balaji, the prediction market offering will cater to professional traders and market makers, Fortune said in a report on Wednesday, citing sources that said they started working on the project in late 2025. Paradigm is also considering rolling out an internal market-making desk — an in-house team that provides liquidity by placing buy and sell orders —…
Bitcoin Price Recovery Slips, Sellers Tighten Grip on Market
Bitcoin price started a recovery wave above $68,000. BTC is now struggling to surpass $68,800 and showing signs of a fresh decline. Bitcoin failed to settle above $68,800 and trimmed most gains. The price is trading below $67,200 and the 100 hourly simple moving average. There was a break below a rising channel with support at $67,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,000 and $67,800 levels. Bitcoin Price Faces Rejection Bitcoin price…
Blackrock’s Bitcoin Premium Income ETF Edges Closer to Market as SEC Amendment Reveals BITA Ticker – Featured Bitcoin News
Blackrock Files Amendment for Bitcoin Income ETF Strategy Blackrock advanced its crypto product lineup by filing an amended registration for a bitcoin-focused income exchange-traded fund (ETF). The world’s largest asset manager filed Amendment No. 1 to Form S-1 on March 31 with the U.S. Securities and Exchange Commission (SEC), outlining the Ishares Bitcoin Premium Income ETF strategy and structure. The filing presents a hybrid model that combines bitcoin exposure with options-based income generation. The filing states: “The shares are listed and traded on Nasdaq under the ticker symbol ‘BITA.’” The…
Bitcoin Reclaims $69,000 as US-Iran De-escalation Hopes Spark Global Market Rally – Markets and Prices Bitcoin News
Intraday Volatility On Wednesday, April 1, bitcoin twice breached the $69,000 threshold as global markets rallied on the strongest signals yet of a potential diplomatic resolution to the conflict between the United States and Iran. After an early session characterized by choppy consolidation between $67,500 and $68,200, bitcoin ignited a mid-morning rally, hitting an intraday peak of $69,268. The momentum proved fleeting, however, as a wave of profit-taking dragged the asset back below $68,000 by 10 a.m. EST. By 1 p.m. EST, the top cryptocurrency mounted a second offensive, momentarily…
Bitcoin Must Clear $69K For Altcoins and BTC To Resume Bull Market
Key points: Buyers will have to sustain Bitcoin above $69,000 to gain the upper hand in the short term. Select major altcoins may break above their near-term resistance, signaling buying at lower levels. Bitcoin (BTC) is facing resistance at $69,000, but the bulls continue to exert pressure. A minor positive in favor of the bulls is that the US spot BTC exchange-traded funds have recorded $186.9 million in inflows this week, according to Farside Investors data. Is this a good level to buy BTC, or could it fall further? That’s…
CFTC Chair Says Agency is Ready to Oversee Entire Crypto Market
Michael Selig, US President Donald Trump’s nominee leading the Commodity Futures Trading Commission (CFTC), said the agency was prepared to oversee the entire $3 trillion crypto industry, with no timeline for Congress to pass a crucial market structure bill. In a Wednesday statement about his first 100 days as CFTC chair, Selig said that the commission was “ready to take responsibility” for the crypto market and reiterated his claim that it was the sole regulator to oversee prediction markets. His comments come as the US Senate considers the CLARITY Act,…
XRP Closes Q1 2026 Down 27%, Market Capitalization Plummets $29 Billion – Markets and Prices Bitcoin News
From Peak to Plunge XRP concluded the first quarter of 2026 with a staggering 27% retraction from its year-end 2025 valuation, cementing its position as one of the most significant laggards in the current crypto landscape. While the year opened with a flicker of optimism, the subsequent price action has been a definitive study in sustained selling pressure. The asset started the year trading at $1.85, quickly gaining momentum to reach a year-to-date zenith of $2.40 on Jan. 6. However, this rally proved to be a bull trap. The gains…
Crypto Pump‑And‑Dump Era Ends Here? Why DOJ’s New Indictments Should Scare Market Makers
The U.S. Department of Justice (DOJ) charged ten senior staff and employees at four crypto “market‑making” firms with running fraudulent campaigns designed to pump up both the trading volume and the price of certain digital assets. An FBI Crypto-Trap The charges, announced by the DOJ on a Monday press release, include employees from the firms Gotbit, Vortex, Antier and Contrarian. Three of the defendants were taken into custody in Singapore and extradited to the United States. They appeared before a federal judge in Oakland for the first time on Monday.…
DOJ Brings 10 Alleged Crypto Market Manipulators to Oakland Court
Three crypto executives extradited from Singapore appeared in federal court in Oakland on Monday as US prosecutors expanded a wash-trading case that has now charged 10 foreign nationals tied to four crypto market-maker companies. The court appearances mark the latest step in a US crackdown on alleged wash trading in digital asset markets that began with an undercover operation unsealed in October 2024, according to a Tuesday press release from the US Justice Department (DOJ). The DOJ said the cases, which center on Gotbit, Vortex, Antier and Contrarian over conduct…