Analysis News

XRP traders are once again arguing about upside targets after popular chartist Charting Guy reposted a bullish long-term setup and doubled down on his call that XRP can still reach $8 this cycle. “XRP still going to $8, idc,” he wrote on X in the early hours of Nov. 25, alongside a weekly XRP/USD chart from Bitstamp. XRP Price Still Has Room To Run At the time of the screenshot, XRP was trading around $2.25, up roughly 9.8% on the week, with the chart plotting an Elliott Wave structure from early 2023 into a projected peak in 2026. The analysis is built on a dense Fibonacci framework spanning from about $0.25 to a 1.272 extension at $8.29661, which anchors his upside target. The green wave count shows a classic five-wave impulse. Wave 1 launches from the post-bear-ma...

Polymarket's CFTC approval could enhance the legitimacy and growth of prediction markets in the US, influencing financial innovation and regulation.
The post Polymarket gains CFTC approval to launch regulated US prediction markets appeared first on Crypto Briefing.

MoonPay's dual regulatory approval in NY could enhance trust and adoption of crypto services, influencing broader market dynamics.
The post MoonPay secures NYDFS trust charter to expand crypto services in NY appeared first on Crypto Briefing.

The XRP price is showing signs of recovery after crashing under $2 earlier last week due to broader market volatility and decline. With its renewed momentum, analysts are now sharing optimistic projections about its future trajectory. New reports from market expert, Egrag Crypto, highlight the reappearance of a crucial technical signal that could trigger a major trend reversal for XRP. Based on the formation of this signal, XRP may be positioning for an explosive price surge that contradicts the previous bearish developments. XRP Price Chart Forms Bullish EMA Cross Signal Egrag Crypto has described the cross between two key Exponential Moving Averages (EMA) as “the real signal.” In his X post shared on Monday, he presented an in-depth review of XRP’s 3-day chart, foc...

Paxos' acquisition of Fordefi strengthens its position in the blockchain sector, enhancing secure, compliant infrastructure for institutional clients.
The post Paxos acquires wallet provider Fordefi for over $100M appeared first on Crypto Briefing.

Tethers Hadron now integrates Crystal Intelligence to enhance RWA compliance infrastructure for secure and scalable tokenized assets.
The post Tether’s Hadron taps Crystal Intelligence for RWA compliance infrastructure appeared first on Crypto Briefing.

Russia's shift towards easing crypto investment rules may boost market participation, signaling a more open stance on digital assets.
The post Russia’s Finance Ministry considers simplifying crypto investor requirements appeared first on Crypto Briefing.

Nvidia slides over 6% after report reveals Google may supply AI chips to Meta, fueling concerns about competition and valuation.
The post Nvidia shares drop over 6% on threat of Google selling AI chips to Meta appeared first on Crypto Briefing.

On-chain analytics platform Lookonchain has provided insights into what may have contributed to the Solana price crash since October. The platform revealed that meme coin launchpad Pump.fun has sold a significant amount of SOL, cashing out almost $500 million since the start of October. Pump.fun Allegedly Dumps SOL Amid Solana Price Crash In an X post, Lookonchain suggested that Pump.fun has been selling SOL, as it appears that the meme coin launchpad has cashed out at least 436.5 million USDC since October 15. The on-chain analytics platform also stated that since October 15, the meme coin launchpad has deposited 436.5 million USDC into Kraken.  Related Reading: Forget XRP, DFDV Exec Predicts Solana Price Is Headed For $10,000 Furthermore, Lookonchain revealed that ...

KuCoin's AUSTRAC registration enhances regulatory compliance, expanding crypto accessibility and fostering trust in Australia's digital currency market.
The post KuCoin secures AUSTRAC registration to operate as crypto exchange in Australia appeared first on Crypto Briefing.