XRP Risks Further Drop if Bulls Fail to Clear This Resistance

XRP struggles below $2.80 resistance as bearish signals grow; analysts watch key levels amid downside momentum. XRP is trading under pressure as the price holds below key resistance. Analysts are watching the $2.8 level as the asset struggles well below that. Without a breakout soon, traders say the risk of further losses grows. Technical signals also show momentum turning lower. Key Resistance Zones in Focus XRP is priced at $2.27 at press time, down 6% in the past 24 hours and over 19% in the last week. The current…

Ripple Labs Reportedly Leading $1B Fundraise for XRP Treasury 

The fintech firm wants to start a digital asset treasury for its own native cross-border payments token, XRP.  Ripple Labs is reportedly leading an effort to raise at least $1 billion through a special purpose acquisition company (SPAC) to create a digital asset treasury (DAT) focused on accumulating XRP tokens. It is a sign that the recent market chaos has not deterred crypto giants from pursuing their business plans to the fullest, according to a report by Bloomberg on Thursday. Ripple will contribute some of its own XRP to the…

4 Reasons Why Bitcoin (BTC) Dumped by $23K in 10 Days

BTC slumped below $104,000 on Friday. Remember the ‘Uptober’ narrative? October, the month that kicks off Q4, is promised to be a bullish one. There were high hopes for the 2025 edition as well. And it all started on the right foot as BTC exploded out of the gate and peaked above $126,000 to chart a new all-time high. Thus, it had added over $16,000 of value in the span of just 10 days. However, things reversed just as quickly, and it lost even more ground against the greenback…

Over $1B in Liquidations as Bitcoin, Altcoins Collapse

Almost 290,000 traders have been liquidated in the past day. The bears are back in the crypto town, which is evident by yet another substantial price correction from essentially every digital asset. Bitcoin led the adverse charge, with a nosedive toward $105,000 as of press time, which is a multi-month low on multiple exchanges. The altcoins follow suit in an even more painful manner. BTCUSD. Source: TradingView Recall that bitcoin had recovered a lot of ground following last week’s calamity and even challenged $116,000 earlier this week. However, it…

UK Tax Authority Ups Crypto Warning Letters in Crackdown on Unpaid Gains

The UK tax authority has ramped up its scrutiny of crypto investors, doubling the number of warning letters sent to those suspected of underreporting or evading taxes on digital asset gains. HM Revenue & Customs (HMRC) issued nearly 65,000 letters in the 2024–25 tax year, up from 27,700 the year before, the Financial Times reported on Friday, citing data obtained under the Freedom of Information Act. The letters, known as “nudge letters,” are designed to prompt investors to voluntarily correct their tax filings before formal investigations are launched. The sharp…

ASTER, HYPE Continue to Drop as Bitcoin Price Stabilizes at $107K: Weekend Watch.

The total crypto market cap is above $3.7 trillion again, but it’s down by roughly $500 billion in just over a week. It was another bloody Friday in the cryptocurrency markets, as bitcoin dumped to a multi-month low (on most exchanges) at under $104,000. The altcoins were smashed even harder, with massive price declines from the likes of ETH, BNB, XRP, SOL, DOGE, and many others. BTC Calms at $107K The overall market-wide calamity began last Friday when BTC dumped from $122,000 to $110,000 or down to $101,000 on…

XRP Stalls Below Key Resistance, But Setup Aligns For An Elliott Wave Finish

XRP is showing signs of hesitation after a strong rebound, struggling to push past key resistance levels. The recent price action fits neatly within an Elliott Wave pattern, suggesting the market may be entering its final consolidation phase before the next major move unfolds. Market Pauses After The Storm CasiTrades, in a recent market update, explained that following last Friday’s sharp wipeout, prices managed to rebound impressively, but that momentum now appears to be losing steam. According to the analyst, such pauses are natural after strong moves. In Elliott Wave…

Where Is XRP’s Low After 22% Weekly Drop?

Ripple’s token has extended its correction following last week’s market-wide liquidation event, now trying to stabilize at a major and decisive price zone. While short-term structure remains fragile, the asset is approaching a short-term support level. Whether buyers defend this zone or the breakdown deepens will define the next major move. Ripple Analysis By Shayan The Daily Chart On the daily timeframe, XRP has decisively broken below both the 100-day and 200-day moving averages, signaling a structural loss of bullish momentum. The drop from the $3.1K–$3.2K resistance zone accelerated once…

Schwab Reports High Crypto Engagement Despite ETF Outflows

Spot Bitcoin exchange-traded funds in the United States have seen more than $1.2 billion in outflows this week, but Charles Schwab is seeing more interest in the products.  The eleven spot Bitcoin ETFs in the US saw an aggregate outflow of $366.6 million on Friday, which rounded off a red week for the asset and Bitcoin-associated institutional investment products.  BlackRock’s iShares Bitcoin Trust saw the largest outflow as the product lost $268.6 million, according to SoSoValue. Fidelity’s fund shed $67.2 million, Grayscale’s GBTC outflowed $25 million, and there was a…

Pi Network (PI) News Today: October 18th

PI’s price continues to sink, but the project behind the token remains in the spotlight with a series of notable developments. Here’s a breakdown of everything new you should know. The Latest Endeavors As CryptoPotato reported, Pi Network’s team unveiled new updates to the Pi App Studio “to make app creation more accessible and customizable, and integrated within the Pi ecosystem.” Specifically, the new features improve the user experience, provide further AI-assisted capabilities, and strengthen the connection between creators and the community. Pi App Studio is an AI-powered platform launched…