Here’s everything most interesting surrounding XRP, ZEC, and ICP. The past week has been very eventful for Ripple, but despite the numerous developments, its cross-border token remains in red territory. Crypto X now seems divided, with some envisioning a strong rebound in the short term, while others predict a further crash. Contrary to the overall market pullback, Zcash (ZEC) and Internet Computer (ICP) continue to post new impressive gains. We will touch upon their performance and outline some extremely bullish forecasts. XRP at a Crossroads Over the past several…
Day: November 9, 2025
XRP Profit-Taking Divergence Signals More Pain Ahead for Ripple’s Price
XRP is down by almost 10% weekly. Ripple’s XRP experienced a modest revival last week, but its momentum was halted at $2.40, and the asset now struggles below $2.30. What’s more worrying about its potential in the following weeks is the behavior of whales and long-term holders, as the latter cohort of investors has been showing a rather different approach than in previous cycles. Unlike previous profit realization waves that aligned with rallies, since late September, as XRP fell from $3.09 (~25%) to $2.30, profit realization volume (7D-SMA) surged…
Italian Banks Back Digital Euro, Urge ECB to Stagger Implementation Costs
Italian banks have expressed their support for the European Central Bank’s (ECB) digital euro initiative, but are calling for the implementation costs to be spread out over several years due to the financial burden it places on the sector. “We’re in favour of the digital euro because it embodies a concept of digital sovereignty,” said Marco Elio Rottigni, General Manager of the Italian Banking Association (ABI), during a press seminar in Florence, Reuters reported on Friday. “Costs for the project, however, are very high in the context of the capital…
Analysts Expect One More Painful Drop
The RSI’s bearish divergence supports the analyst’s call for XRP to return to $2.05. The market may have gotten ahead of itself after the Ripple and Mastercard partnership headlines. Experts have now warned that XRP’s correction remains incomplete despite the brief spike nearing $2.45. In fact, data points to one more flush lower before any proper relief rally. XRP’s Double-Bottom Setup According to crypto market analyst CasiTrades, the brief upside move only pushed the asset into the extreme boundary of where subwave 4 could extend, and the immediate rejection…
US Treasury and IRS quietly expand tax breaks for the ultrawealthy and crypto giants: NYT
Key Takeaways The US Treasury and IRS have issued new rules providing significant tax relief to large companies and wealthy investors. These measures are reducing the projected revenue from the corporate alternative minimum tax enacted in 2022. Share this article The Trump administration is quietly rolling out hundreds of billions in new tax breaks benefiting large corporations and wealthy investors, according to The New York Times. Through recent Treasury and IRS actions, firms, including private equity, crypto companies, and multinationals, will see major relief from the 2022 corporate minimum tax…
ZCash Rally Could Be Over – Here Are Potential Support Targets: Analyst
Following an impressive parabolic rally, ZCash (ZEC) has experienced a strong price correction in the last 24 hours, marked by a price loss of 14.54%. As the darkhouse tries to find price stability, renowned market analyst Ali Martinez has postulated on a potential market peak and the following implications. $325 Or $125 – How Low Can ZCash Go? In no equivocal terms, ZCash has been one of the best performers of the present crypto market cycle, boasting a price gain of 1136.45% in the last year. Notably, the altcoin and…
Bitcoin ‘Hottest Trade’ Status Will Return, Says Crypto Analyst
Optimism around Bitcoin was far stronger at the start of the year, but it may not be long before the cryptocurrency regains that same level of hype, according to Galaxy Digital’s head of research, Alex Thorn. “Attention will come back to Bitcoin, it always does,” Thorn said during an interview with CNBC on Friday, emphasizing that “Bitcoin was the hottest trade of the year at the start of the year” after Donald Trump’s win in the US presidential election. “For everyone worldwide and all sorts of asset classes…That’s just not…
BTC Slides Below $100K, Balancer Exploited for $128M, Ripple’s Big Announcements: Weekly Crypto Recap
The total crypto market cap has plunged by $350 billion since last Friday. For the first time since June this year, the primary cryptocurrency dipped below $100,000 (on a couple of occasions, in fact) this week, which is quite surprising given the overall positive developments on a macro and industry front. For instance, just last week, the US Federal Reserve cut the interest rates by another 25 bps, which is typically regarded as a bullish move for risk-on assets. A day later, Washington and Beijing made significant progress in…
Major Binance Alert to WhatsApp Users: Details Here
“Binance will never contact you on WhatsApp to offer investment opportunities, request payments, or ask for your personal information,” the team said. Binance is the world’s largest crypto exchange, boasting a user base of over 280 million people. That popularity, though, has made it an attractive target for scammers who often impersonate the exchange’s support services to lure victims. Clients are advised always to verify information through official channels and remain skeptical of unsolicited messages. French and Italian Users are in Greater Danger Earlier this week, Binance’s CEO, Richard…
Bybit PWM Posts 16.9% Fund Return as Crypto Markets Weather ‘Uptober’ Shock
[PRESS RELEASE – Dubai, UAE, November 7th, 2025] Bybit, the world’s second-largest cryptocurrency exchange by trading volume, disclosed the October performance of its Private Wealth Management (PWM), highlighting continued stability and strong returns amid a month marked by volatility and global market tension. Performance Highlights In the latest Bybit PWM newsletter for October 2025, Bybit PWM demonstrated consistent strength across its portfolio, underscoring the division’s disciplined approach to managing wealth in dynamic markets. October, often referred to as “Uptober” for its traditionally strong crypto performance, diverged from its usual trajectory…