XRP is trading at $2.27, up nearly 2% in the last 24 hours and more than 3% over the past week. The recent momentum follows heightened speculation from technical analyst Crypto Michael, who highlighted XRP’s long-term consolidation phase. His chart, shared on X (formerly Twitter), shows XRP compressing for seven years inside a symmetrical triangle before breaking out in late 2024—a move that sparked a 700% surge from roughly $0.60 to over $2.00. XRP has been consolidating for 7 months since it pumped 700% after breaking out of the 7-year pennant, which I predicted. It has now reached the end of its healthy consolidation period. The next major move will begin soon and should align with Bitcoin breaking the 8-year line. https://t.co/D4dWE6powa pic.twitter.com/GSnXsghfbW — Crypto Michael (@MichaelXBT) June 15, 2025 Since then, XRP has been range-bound for seven months in what Michael describes as “healthy consolidation.” The chart identifies this post-rally phase as critical, with a white-circled zone indicating that prices are stabilising just above key resistance levels. Michael argues this consolidation phase is nearing completion. Importantly, XRP’s technical stability is unfolding while Bitcoin hovers near its own historic resistance—an 8-year trendline. Michael suggests that Bitcoin’s move above this line could serve as the macro trigger that lifts altcoins, such as XRP, into a fresh leg higher. XRP Technical Signals Hint at Bullish Breakout On the 4-hour chart, the XRP price prediction appears bullish, as XRP has reclaimed the $2.2175 level, now acting as short-term support. Price is also riding along a well-defined ascending trendline from late June, creating a pattern of higher lows. This bullish structure is reinforced by a recent bullish engulfing candle and rising Relative Strength Index (RSI), which now approaches the 60 mark but remains below overbought levels. XRP Price Chart – Source: Tradingview The 50-SMA currently sits at $2.2175 and has been reclaimed, a positive signal for trend continuation. XRP is also reclaiming the mid-range of its prior swing, positioning it well for a breakout above $2.285. Key technical takeaways: XRP/USD trades bullish above 50-SMA and ascending trendline RSI is rising, indicating growing bullish momentum Resistance at $2.285, followed by $2.337 and $2.406 Support levels: $2.2175, $2.146, and $2.080 If XRP holds above $2.2175 and gains traction beyond $2.285, traders could see a push toward the $2.40–$2.47 range. XRP Trade Setup: Breakout Retest in Focus This setup favours breakout traders looking for confirmation and continuation. As XRP approaches $2.285 resistance, volume and candle structure will be key. Entry (Long): $2.27–$2.29 on strong breakout close Targets: $2.337 to $2.406 Stop-Loss: Below $2.21 to manage downside With RSI rising, price above trendline support, and consolidation nearing its end, XRP appears well-positioned for a decisive move—especially if Bitcoin breaks its own resistance in tandem. Bitcoin Hyper Presale Nears $2M as Price Rise Nears Bitcoin Hyper ($HYPER) , the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), has raised nearly $2 million in its public presale, with $1,980,292 out of a $2,452,414 target. The token is priced at $0.01215, with the next price tier expected to be announced soon. Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity. The golden cross of meme appeal and real utility has made Bitcoin Hyper a Layer 2 contender to watch in 2025. With staking, a streamlined presale, and a full rollout expected by Q1, $HYPER is gaining serious traction. The post XRP Price Prediction: Is Consolidation Over? Crypto Michael’s Chart Hints at Explosive Move appeared first on Cryptonews .
Bitcoin (BTC) is marginally down over the past 24 hours, hovering around the $108,000 mark. The flagship cryptocurrency reached an intraday high of $110,498 but quickly lost momentum after sellers overwhelmed buyers at higher levels. As a result, the price briefly fell below $108,000 before consolidating around current levels. Analysts believe bullish sentiment could return next week and BTC could retest the $110,000-$111,000 levels. Taxing Bitcoin Does Not Make Sense: Miller Value Partners Miller Value Partners' Chief Investment Officer, Bill Miller IV, believes the government has no right to tax Bitcoin because managing ownership rights does not require administrative efforts. Miller, known for his early advocacy of Bitcoin , stated that the flagship cryptocurrency does not require government infrastructure to verify or enforce property rights, unlike traditional assets such as real estate. Miller stated during a podcast, “For them to reach their hand in there doesn’t make a ton of sense. When you buy or sell a house, all that recordation tax, all those taxes go toward keeping track of who owns what. The reality is that if you think about why you pay taxes in society, it is to enforce property rights.” He added, “The government didn’t create Bitcoin, so that is an important point to keep in mind. The blockchain does that property automation for itself, right?” Miller also believes traditional asset managers face hurdles when buying Bitcoin due to the uncertainty around taxation. “Even as fund managers, we still have huge impediments to actually buying it because taxation rules around bad income if we buy ETFs and sell them at the wrong time, so that all needs to be worked out.” New Bitcoin Treasury Firms Could Struggle A crypto analyst has sounded an alarm over the Bitcoin treasury strategy, stating that newer firms could face significant challenges. The analysts stated that the strategy may not have the longevity many expect, warning that easy upside may already be behind new companies that have recently pivoted towards a Bitcoin treasury. The analyst stated, “My instinct is that the Bitcoin treasury strategy has a far shorter lifespan than most expect. For many new entrants, it could already be over.” According to the analyst, it's already an uphill battle for new Bitcoin treasury companies who are struggling to establish themselves as investors prefer early adopters. “Nobody wants the 50th Treasury company. I think we’re already close to the ‘show me’ phase, where it will be increasingly difficult for random company X to sustain a premium and get off the ground without a serious niche.” Analysts believe that some companies are employing a Bitcoin treasury strategy to generate a quick profit without fully understanding its long-term implications or the purpose behind it. “Many of the folks raising just see easy money and have no idea what they’re doing. I think it’ll take them some time to figure out. The weak ones might be acquired at a discount by the strong ones, and the trend could still have a few more legs in it.” Bitcoin (BTC) Price Analysis Bitcoin (BTC) price action has remained subdued over the holiday weekend. The flagship cryptocurrency encountered considerable volatility over the week, dropping to a low of $105,328 on Tuesday. The price recovered on Wednesday to reclaim $108,000 and briefly crossed $110,000 on Thursday before losing momentum. BTC’s current range extends from $98,000 to $110,000. Analysts believe bullish sentiment could return once markets open, potentially pushing the price to a new all-time high. BTC started the previous week on a bullish note, rising over 4% to reclaim $105,000 and settle at $105,443. The price continued to push higher on Tuesday, crossing $106,000 and settling at $106,137. Buyers retained control on Wednesday as BTC crossed $107,000 and settled at $107,397. Despite the positive sentiment, it lost momentum on Thursday, registering a marginal decline below $107,000 to settle at $106,980. BTC recovered over the weekend, registering marginal increases on Friday and Saturday to reclaim $107,000 and settle at $107,339. Bullish sentiment intensified on Sunday as the price rose almost 1% to cross $108,000 and settle at $108,350. Source: TradingView Despite the positive momentum, BTC dropped over 1% on Monday, slipping below $108,000 and settling at $107,167. Sellers retained control on Tuesday as the price fell 1.33% to $105,742. Bullish sentiment returned on Wednesday as BTC rallied, rising nearly 3% to cross $108,000 and settle at $108,845. Buyers retained control on Thursday as the flagship cryptocurrency reached an intraday high of $110,583 before settling at $109,650, ultimately registering a 0.74% rise. BTC lost momentum on Friday as sellers overwhelmed buyers. As a result, the price fell 1.42% to $108,097. BTC registered a marginal increase on Saturday but is back in the red during the ongoing session, trading around $108,145 as sellers look to drive the price below $108,000. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bitcoin advocate and author Jason Williams has sparked conversation within the XRP community after making a provocative statement on social media. On Thursday, Williams tweeted that XRP is “going to 20,000 per coin,” a comment that, at first glance, appeared to endorse the notion of an extraordinary price surge. However, his follow-up responses made it clear that the post was intended to be sarcastic. XRP is going to 20k a coin. — Jason Ai. Williams (@GoingParabolic) July 3, 2025 The tweet was a direct commentary on recent claims by some XRP supporters suggesting that the token could experience exponential growth, with projections reaching as high as $20,000 . While the claim might seem bullish, Williams used it to criticize what he sees as speculative and exaggerated price predictions. Clarifying the “20,000” Comment Following his initial post, Williams responded to skepticism in the comments by sharing an image that showed 20,000 Lebanese pounds converting to approximately $0.22. His caption read, “It will happen,” indicating that his earlier statement was not a price prediction in USD. Rather, he was suggesting that XRP’s value could drop dramatically, drawing a comparison to a currency that has undergone significant devaluation. This sarcastic tone was a clear attempt to highlight what he considers the unrealistic nature of recent bullish projections made by certain XRP proponents. Instead of predicting a price surge, Williams implied the opposite, that XRP might lose value, not gain it. The tweet appeared to respond directly to a theory that has recently resurfaced within the XRP community. Originally proposed in 2022 by game developer Chad Steingraber, the theory suggests that XRP could reach $20,000 per unit under a scenario of massive institutional adoption. According to Steingraber, if major financial institutions begin to use XRP for global transactions, and if private ledgers absorb much of the token’s supply, a supply shock could occur. This, combined with increased demand from wealthy investors and hedge funds, could, in theory, cause the token’s price to rise dramatically. He also claims that public access to XRP would decline to below 100 million tokens, leading to panic buying. Steingraber frames today’s retail market as only the early stage of XRP’s future use as the core of a new global financial infrastructure. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Skepticism Around the Valuation Critics, including Williams, challenge the plausibility of such projections. A $20,000 price point would require an XRP market capitalization that exceeds the total value of the current global financial system. With XRP’s circulating supply of over 50 billion tokens, a price of $20,000 would translate into a market cap in the hundreds of trillions or more, a figure that is widely regarded as economically unfeasible. While some XRP advocates argue that market capitalization is not the best indicator of value and may not apply to XRP’s unique use case, there remains no widely accepted financial model that supports such extreme valuations. Jason Williams’s tweet serves as a direct critique of what he views as unrealistic optimism regarding XRP’s future value. While some supporters continue to speculate about massive institutional adoption and future price spikes, Williams’s sarcastic commentary underscores the importance of grounding such discussions in economic reality. The debate reveals the growing divide between XRP’s most enthusiastic supporters and those who urge caution and critical analysis. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Stern Critic Predicts 900,800% XRP Price Rally appeared first on Times Tabloid .
TL;DR Ripple’s price actions are a big prediction topic within the cryptocurrency community, with analysts and believers rushing to offer their insights and forecasts. However, we decided to take a different approach this time and asked four of the biggest AI chatbots (ChatGPT, Perplexity, Grok, and Gemini) about their take on the matter. 2025 Price Targets All four AI solutions seemed very coherent about XRP’s price potential this year, as Perplexity explained it: “Ripple’s (XRP) price in 2025 is broadly expected to rise significantly from current levels, with expert forecasts varying but generally bullish.” Although Ripple’s cross-border token has stalled in the past few months and is actually slightly in the red since the start of the year, all AIs had similar conclusions about its price moves until the end of the year. ChatGPT laid out three potential scenarios, with the conservative one being at $3.4, which would match the asset’s all-time (and yearly) high. The optimistic is set at $5-$6, and the “aggressive forecasts” put the token at $10-$15 by the end of the year. Google’s Gemini had similar ideas in mind, saying that “a realistic high could be in the $5-$10 range.” Perplexity also joined the $5-$10 club, which could be reached under “favorable conditions” (more on that later). Grok was slightly more specific and was the only one that said XRP can finish the year lower than its current price tag. It noted that a “realistic price range” for the asset this year is somewhere between $1.8 and $5.81. Although that’s a pretty wide range, it concluded that the most likely peak will come somewhere between $3 and $4.5. The Favorable Conditions When it came down to outlining the factors that could impact XRP’s price moves this year, the AIs were once again aligned in their answers. First, they mentioned regulatory clarity and the official conclusion of the lawsuit against the SEC. Although Ripple CEO Brad Garlinghouse stated in March that the case had been resolved and there had been several developments on the matter, the judge overseeing the case has yet to agree fully . Second, the AIs brought up institutional adoption and bullish partnerships, such as those with Santander, SBI Holdings, and others. A spot XRP ETF will also play a significant role in the asset’s price trajectory this year, if approved, said the chatbots. According to ETF experts, the current odds stand at nearly 100%. Lastly, the AI solutions highlighted the overall crypto market trends: “Bitcoin’s post-halving performance and a pro-crypto U.S. administration under President Trump could fuel bullish sentiment across the crypto market, benefiting XRP,” – answered Grok, which was similar to what the others had to say. Despite these bullish predictions for 2025, all four chatbots clarified that these are just that – speculative forecasts that might or might not come to fruition. Investors should do their own research before allocating funds to any cryptocurrency (or other asset, for that matter). The post We Asked 4 AIs How High Ripple (XRP) Will Go in 2025: The Answers Might Shock You appeared first on CryptoPotato .
A 72-year-old man is pushing for reimbursement from Wells Fargo after falling for a scam hitting bank account holders across the country. According to ABC 7 News, Tracy Jeffords received a text supposedly from the toll fees payment platform FasTrak after a journey to San Francisco. Convinced the text was genuine, the Lake County, California resident entered his debit card details to complete the payment. But a day later, Jeffords received an actual letter from FasTrak saying he owed the toll fees payment platform money. It was then that Jeffords checked his bank account only to find that more than $3,300 was missing after a purchase on eBay was made using his debit card information, according to the report. ABC 7 News cites Jeffords saying, “It made me feel terrible. And the thing is, it’s going to happen to somebody else.” The Lake County resident disputed the charge with Wells Fargo but the trillion-dollar bank has so far refused to reimburse. His attempt to dispute the charge with eBay has also proven unsuccessful. According to an expert contacted by ABC 7 News, getting reimbursed for fraudulent debit card purchases is harder than for those made using a credit card. Jeffords has nonetheless vowed to fight on to get his money back, according to the report. He tells ABC 7 News, “It’d be everything to get it back, because it’s a lot for me. You know, I don’t work.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post $3,300 Drained From Wells Fargo Account After 72-Year-Old Falls for Notorious Scam – Why the Lender Is Refusing To Reimburse appeared first on The Daily Hodl .
The CEO of one of the biggest Bitcoin mining companies in the world says that the market for turning companies into BTC treasuries is probably getting saturated. In a new interview with Bloomberg Television, Marathon Digital CEO Fred Thiel says that a slowdown is approaching for the Bitcoin treasury business model as the market becomes too crowded and competitive. “The problem is what happens if the Bitcoin price stays flat or starts to go down? You said his stock was up over a five-year basis by a huge amount, which is true, but if you look at year-to-date at its performance compared to Bitcoin miners, you’re starting to see that that performance is running into headwinds. In theory, a Bitcoin treasury company’s price should increase by upwards of two times whatever the Bitcoin price is increasing on a daily basis because of the leverage that they’re driving. And that’s not the case anymore. I think what we’re starting to see is a saturation of the Bitcoin treasury business market because to your point, they’re not in any other business, they’re taking over a company with a marginally profitable business and they’re turning it into an accumulator for Bitcoin. At the end of the day, you have a bunch of people competing for capital, and that capital is going to the highest return, which means the lowest multiple to NAV (net asset value), and over time, that multiple to NAV is eventually going to go to zero…” Some of the recently launched BTC treasuries include Anthony Pompliano’s ProCap BTC , Grant Cardone’s Cardone Capital , Gamestop and Japanese hotel company MetaPlanet . Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Marathon Digital CEO Fred Thiel Warns Bitcoin Treasury Companies Becoming ‘Saturated’ – Here’s His Forecast appeared first on The Daily Hodl .
Satoshi-era Bitcoin wallets have moved a significant 20,000 BTC, reigniting interest in early Bitcoin holdings and their market implications. The funds, untouched for over 14 years, highlight the enduring presence
Bill Miller IV, chief investment officer at Miller Value Partners, believes governments have no right to tax Bitcoin since it does not require government services to maintain or verify ownership. Speaking on the Coin Stories podcast on Wednesday, Miller argued that Bitcoin’s structure challenges traditional assumptions about taxation. “For them to reach their hand in there doesn’t make a ton of sense,” Miller said, emphasizing that while traditional assets depend on government systems to enforce and record property rights, Bitcoin operates independently on its blockchain. Blockchain Enforces Ownership, Not Governments Miller, an early advocate for Bitcoin , explained that the digital asset eliminates the need for the administrative infrastructure typically required to manage ownership of assets like real estate. “When you buy or sell a house, all that recordation tax, all those taxes go toward keeping track of who owns what,” he said. He argued that taxes exist to enforce property rights within society, a function that Bitcoin’s blockchain already fulfills without government intervention. “The blockchain does that property automation for itself,” Miller noted. He also pointed out that since governments did not create Bitcoin, the idea of taxing it in the same way as physical property becomes questionable. Earlier this year, rumors circulated that Eric Trump, son of former President Donald Trump, had proposed eliminating capital gains taxes on certain cryptocurrencies in the U.S. While Miller acknowledged the discussion around exempting BTC from capital gains tax , he remarked, “Whether that ultimately happens or not, who knows, but it is very cool that there is no wash sale rule on Bitcoin.” When asked whether Bitcoin could ever face property taxes similar to those imposed on real estate, Miller noted there is a “good argument” for why it should not. Tax Uncertainty Shows It’s Still Early for Bitcoin Despite Bitcoin’s growing adoption, Miller highlighted that tax uncertainties continue to hinder institutional investors. “Even as fund managers, we still have huge impediments to actually buying it because taxation rules around bad income if we buy ETFs and sell them at the wrong time, so that all needs to be worked out,” he explained. “That’s why I continue to say it is still early because the taxation rules around it are really interesting,” he added, underscoring the evolving regulatory landscape surrounding BTC. Miller IV is the son of veteran investor Bill Miller III, who in January 2022 revealed he had allocated 50% of his net worth to BTC and investments in major industry players, including Michael Saylor’s Strategy and mining firm Stronghold Digital Mining. The post Bitcoin Shouldn’t Be Taxed, Says Miller Value Partners CIO appeared first on TheCoinrise.com .
Coinbase Institutional Research President David Duong said that the claims of “the largest Ethereum (ETH) short position in history”, which have been on the agenda in the cryptocurrency market in recent days, do not reflect the truth. According to Duong, these comments, based on data from the Chicago Mercantile Exchange (CME), actually point to arbitrage strategies by institutional investors. According to CFTC cash-secured fund data, leveraged funds’ ETH short positions on the CME rose from $466 million in early May to $1.6 billion as of June 24. This $1.14 billion increase is almost identical to the net $1.16 billion inflow into spot Ethereum ETFs in June. Related News: Is the Whale Behind the Movement of 8 Billion Dollars Worth of Bitcoin Hacked? It Could Be the Largest Cryptocurrency Theft in History - Coinbase Executive Speaks Out Duong said this parallel is no coincidence, arguing that the increasing institutional interest in ETH spot ETFs is triggered by the base yield difference on the CME. The yield difference between spot and futures prices, which was 6% on an annual basis in February, increased to 8%-9% in May and June. According to Duong, this situation presented an attractive opportunity for institutional investors looking to arbitrage: buying spot ETH and selling futures ETH at the same time. Ultimately, according to Duong’s analysis, the increase in short positions on CME is not a reflection of negative expectations for Ethereum, but rather institutional arbitrage activity. Therefore, the presentation of this situation as “the largest short position in history” does not reflect market reality, according to Duong. *This is not investment advice. Continue Reading: Coinbase Executive Responds to Claims That the Largest Ethereum Short Position in History Has Been Opened
Bitcoin dominance has fallen below the pivotal 25% threshold, signaling a significant shift in market dynamics and the potential onset of a robust altcoin season. During Bitcoin’s consolidation phase, altcoins