The Trump v. Musk war has sent the crypto market into a tailspin, but bullish sentiment prevails for the best presales like Solaxy ($SOLX) and Snorter Token ($SNORT). A swift look at Coinglass shows a catastrophe we wouldn’t even wish for Ethereum: $308M eradicated overnight for Bitcoin, making for a total of $621M for the crypto market as a whole. But it wasn’t only the crypto market that witnessed the destruction, as Tesla’s stocks also took a tumble, recording a staggering 14% loss in the blink of an eye. What Just Happened? The feud started when Musk criticized Trump’s Big, Beautiful Bill , which impacted Musk’s $38B deals pool with the government . Everything unfolded quite fast after that, with Musk calling the bill a ‘disgusting abomination’ and Trump firing back, threatening to terminate Musk’s government subsidies. Musk then did the only normal thing he could do, which was to accuse Trump of being on the Epstein list. The impact rocked the crypto world, with some suggesting the blow may throw us into a bear market. Fortunately, that doesn’t seem to be the case, except perhaps for Tesla. The crypto market, though, is more resilient than ever, and Trump’s recent S-3 announcement confirms the show must go on The S-3 Form filed with the SEC aims to raise $2.3B from over 50 investors, funds which ‘will be used for the Company’s creation of a Bitcoin treasury and for general corporate purposes.’ Trump Media CEO, Devin Nunes, understandably applauded the move, declaring that: These activities will provide the Company with the capital, assets, independence, flexibility, and security we need to fulfill our goals of rapid expansion, guaranteeing a wide array of ways to access the capital markets when it’s most advantageous to do so. — Devin Nunes, Trump Media Files S-3 Registration Statement for Previously Announced Bitcoin Treasury Deal This means that we should expect the market to self-correct soon enough, bringing fresh eyes to some of the best presales of 2025. Solaxy ($SOLX) — Solana’s Layer 2 Upgrade Bringing Higher Speeds and Lower Fees Solaxy ($SOLX) is the Layer 2 upgrade that Solana sorely needs. The project aims to correct Solana’s core problem, network congestion, which would increase transaction speeds, reduce costs, and eliminate failed transactions. This is possible thanks to Solaxy’s off-chain execution and parallel processing, which would result in ultra-low latency. The Testnet Bridge is already live, which means you can test the network’s improved speed, scale, and overall simplicity right now. $SOLX is currently one of the most successful presales of 2025, with over $44M raised since its start and a token price of $0.001746. If you want to join in, you only have 10 days left until the presale ends and the project goes public. Not taking the FOMO train could be mistake, given the project’s long-term potential. Our analysts envision an end-of-the-year price for $SOLX of $0.032 . This would represent a growth of 1732% based on today’s price. 2026 could see an even bigger surge, as we expect $SOLX to go up to $0.2, for an ROI of 11,354%. You can secure your $SOLX right now to join the presale and diversify your portfolio. Snorter Token ($SNORT) — A Telegram-Based Trading Bot Ready to Sniff Out Market Opportunities Snorter Token ($SNORT) is a Telegram trading bot that sniffs market opportunities for investors, allowing you direct access to the best Solana meme coins based on their chart performance and potential. The Snorter Bot is the response to the risky and demanding process of manual chart scanning, which can result in missed opportunities and issues like sandwich attacks and hidden sell blockers. The Snorter Bot fixes that problem thanks to its trading workflow embedded directly into Telegram. This eliminates the need for manual scanning, as well as for multiple wallets, Remote Procedure Call (RPC) settings, and unreliable browser extensions. $SNORT is currently a hot new presale that you can join right now, at a low token price of $0.0943. The presale has accumulated over $472K so far, but could continue to rake it in thanks to the project’s long-term utility, as explained in the whitepaper . Get your $SNORT today and optimize your ROI in case the project goes boom after launch. Gasspass ($GASS) – Meme Coin with Matt Furie Potential, Promising Massive Market Run Gasspass ($GASS) is on fire, with a massive 131% growth over the past 7 days The project is based on Matt Furie’s universe, the creator of Pepe the Frog itself, which became one of the most beloved memes in history. Gasspass, the cat, is the mascot and an original Matt Furie character, part of ZOGZ, a compendium comprising 111 NFT character illustrations, released in May 2023. With a token supply of 420B and 0% buy and sell taxes, Gasspass has the market’s attention The community sentiment is currently 94% positive on CoinMarketCap , undoubtedly linked to $GASS’s 449% growth since its release. How Will the Trump v. Musk War Conclude, and Could Bullish Sentiment Prevail for the Best Presales? It’s almost impossible to predict how this will end, especially with two explosive and unpredictable figures like Trump and Musk. But the crypto market will inevitably bounce back once everything has cooled off. When that happens, presales like Solaxy ($SOLX) and Snorter Token ($SNORT) could catch serious steam. Don’t forget, this isn’t financial advice. Always DYOR (Do Your Own Research) and invest wisely.
The post Ripple News: Bitwise CIO Hints at Progress for XRP ETF Approval appeared first on Coinpedia Fintech News The conversation around cryptocurrency Exchange-Traded Funds (ETFs) continues to surprise the crypto markets everyday, and this time, XRP seems to be at the center of attention. At the recent XRP Las Vegas event, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, shared his opinion on how close the market might be to seeing an XRP ETF. Investors Eager for More Than Just Bitcoin Speaking at the event, Hougan explained how ETFs have become the go-to option for crypto-friendly investors looking for easy, regulated access to digital assets. So far, Bitcoin ETFs have led the way, but attention is now turning to other popular tokens like XRP and Solana. When asked how soon these new ETFs could arrive, Hougan said he couldn’t comment on specific filings but quietly hinted the industry is making steady progress. Signs of Progress at the SEC Hougan said that several signs indicate things are moving in the right direction. Regulated futures trading is expanding, and the U.S. Securities and Exchange Commission (SEC) is beginning to consider more innovative crypto products. “We’re reaching the point in the timeline where the SEC will have to say yes or no,” Hougan explained, adding that he remains hopeful about big announcements this year. Growing Institutional Demand for XRP Another reason for his positive attitude is the rising interest from institutional investors. According to Hougan, many large investors already have exposure to Bitcoin as a hedge against inflation and financial risks. Now, they’re looking to broaden their portfolios and explore what other blockchain networks like XRP can offer — from stablecoins to tokenized assets. “The demand for non-Bitcoin crypto investments is growing fast,” Hougan said. According to him, people are eager to see what else blockchain technology can do. Final Word While there’s no official approval yet, industry insiders like Matt Hougan believe it’s only a matter of time before XRP ETFs and other crypto investment products start gaining the green light. And if that happens, it could open the door for a new splash of institutional money flowing into the XRP market.
XRP’s price volatility continues to capture market attention as it navigates a challenging environment marked by a 35% decline from its 2025 peak. Technical analysis highlights the $2.30 resistance level
The long-running legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC) may finally be nearing its conclusion, according to fresh rumors circulating within the cryptocurrency community. Speculation is mounting that June 16, 2025, could mark the end of one of the most consequential cases in crypto history, a claim that prominent voices across the digital asset landscape have amplified. Community Speculation Heats Up The catalyst for the latest buzz comes from the popular X user and XRP advocate, Levi of Crypto Crusaders, and amplified by JackTheRippler , who declared, “RUMORS: The SEC v. RIPPLE case will end on June 16!” While such posts often come with a grain of salt, this particular rumor coincides with critical procedural deadlines that could shape the next chapter of the case. Notably, legal experts have begun weighing in with their interpretations, offering a more grounded perspective on what the June 16 date could actually signify. RUMORS: The RIPPLE vs. SEC case will end on 16th JUNE! What’s your take on this? #XRP pic.twitter.com/PA0hlpyjQU — Levi | Crypto Crusaders (@LeviRietveld) June 5, 2025 Legal Insights from Fred Rispoli Adding legal heft to the conversation, attorney Fred Rispoli provided a detailed analysis of the current posture of the case . Shedding light on the procedural dynamics surrounding the June 16 deadline, Fred emphasized that both Ripple and the SEC are expected to refile a revised settlement agreement before Judge Analisa Torres. The earlier version, jointly submitted by the parties, was denied, prompting the need for a new filing. In his words, “20 days later, no refile yet by SEC and Ripple in district court and the June 16 deadline for the status update in the 2nd Circuit looms large. Expect the refile before Judge Torres to happen by then. If there is nothing pending before Torres when the parties file the status report, the 2nd Circuit only has Torres’ denial of the first request and will restart the briefing. If a motion is pending before Torres at the time of the 6/16 status report, the 2nd Circuit will likely push it out another 60 days.” As explained by Rispoli, if no settlement motion is pending before Judge Torres by the time the parties submit their status update to the Second Circuit, the appellate court will likely restart the briefing process. However, if a new motion is filed, the Second Circuit is expected to delay proceedings by another 60 days, giving the district court time to address the matter. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 While no official confirmation exists that the case will definitively conclude on June 16, the date carries procedural significance. It marks the deadline for Ripple and the SEC to update the Second Circuit Court on the status of the case. This status update could either be routine or pivotal, depending on whether new motions are filed or outstanding. A Resolution Within Reach? While speculation is often premature, this particular rumor is grounded in real legal deadlines and observable procedural behavior. The absence of a refiled motion from the SEC, coupled with the importance of the June 16 status update, makes the date a credible focal point for significant developments, if not the outright conclusion of the case. Still, caution remains warranted. The legal system moves methodically, and outcomes are rarely as abrupt as rumors suggest. That said, the mounting anticipation speaks volumes about the case’s influence. Whether June 16 brings a final order or simply another extension, it will undoubtedly be a date of great interest for all stakeholders involved, from legal analysts to XRP holders and the broader crypto community. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post Rumor: Ripple vs. SEC Case Will End on June 16, 2025 appeared first on Times Tabloid .
As XRP experiences renewed selling pressure and investor anxiety rises, Ripple is proceeding with a major technical upgrade to the XRP Ledger (XRPL) that could redefine its role in the global financial ecosystem. While price speculation continues to dominate headlines, underlying infrastructure developments are positioning XRP for a broader institutional and decentralized finance (DeFi) role. The upcoming changes include token escrows, flexible token standards, and more, and were highlighted in a visual breakdown shared by XRP advocate X Finance Bull (@Xfinancebull). Speaking about XRP’s recent muted performance, stated, “This isn’t a dip. It’s a setup.” XRP has fallen over 5% in the past week, but X Finance Bull and many others see this dip as a minor bump in the road because big things are coming. Everyone’s panicking over the $XRP dump. I’m doing the opposite. While they sell, Ripple is upgrading the #XRP Ledger for global financial takeover, token escrows, DeFi rails, real-world assets, batch swaps. This isn’t a dip. It’s a setup. Miss this and regret it forever. pic.twitter.com/k2YBRcoq5j — X Finance Bull (@Xfinancebull) June 5, 2025 Token Escrows and Asset Control Ripple CEO Brad Garlinghouse recently confirmed major upgrades coming to the XRPL, and a notable addition is XLS-85d, which introduces support for token escrows. This feature enables the secure holding of issued tokens such as RLUSD, tokenized assets, and even meme coins until specific conditions are met. Escrowed tokens expand the range of financial use cases and smart contract capabilities on the ledger, making it more competitive with Ethereum-based DeFi platforms. This update supports Ripple’s broader goals in real-world asset (RWA) tokenization and digital finance rails. Multi-Purpose Tokens for Interoperability Another major improvement is the introduction of Multi-Purpose Tokens (MPTs), designed to offer a more compact and flexible standard for token creation. This feature was highlighted in Ripple’s 2025 institutional DeFi roadmap . These tokens are designed for easy integration, encouraging developers to adopt XRPL for projects requiring high interoperability. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 MPTs are semi-fungible and store extra data while remaining tradeable like regular tokens. The compact structure of MPTs will reduce complexity while streamlining asset issuance across multiple sectors, aiding the ecosystem’s tokenization efforts. Batch Transactions for Efficiency and Scale Transaction efficiency is also being addressed through XLS-56 , which brings batch transaction support to the ledger. This change allows up to eight transactions to be processed atomically in a single operation. The benefits include reduced costs, greater throughput, and new options for implementing atomic swaps, which are important in both cross-chain and on-ledger financial systems. Improved scalability is a direct outcome of this enhancement, particularly relevant as Ripple pursues enterprise and institutional adoption. An Exciting Month for XRP These changes are scheduled for release in June 2025 with the rollout of Rippled version 2.5.0. The upgrade is being positioned as a foundational leap in the ledger’s technical architecture, aimed at attracting developers, financial institutions, and big projects. 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 June Set to Be A Big Month for XRP. Here’s What Is Coming appeared first on Times Tabloid .
Ripple is making strides in the lawsuit brought by the U.S. Securities and Exchange Commission, the RLUSD stablecoin has noted adoption and the firm’s partnerships are driving utility for XRP through the XRPLedger in 2025. XRP’s latest boost comes from two institutional giants’ interest in buying XRP and holding it as a treasury asset. Table of Contents XRP bullish catalysts XRP price forecast and analysis SEC vs. Ripple lawsuit updates Will XRP lead the altcoin rally this cycle? Exclusive commentary on XRP XRP bullish catalysts While XRP -based investment products recorded over $28 million in outflows last week, year-to-date flows stand at $198 million, the third-highest level among tops cryptos. Bitcoin and Ethereum rank in the top two. Relatively high year-to-date flows could act as a catalyst for XRP and its demand among traders in the second half of 2025. Capital flows by asset | Source: CoinShares weekly digital asset flows Two key institutions, a Nasdaq-listed firm VivoPower International and Chinese mobility startup Webus revealed plans to buy $121 million and $300 million worth of XRP for their corporate treasury, in the past week. The $421 million institutional boost could fuel gains in XRP as it catalyzes a positive sentiment among traders and drives confidence among institutional players looking for alternatives to Bitcoin ( BTC ) and Ethereum ( ETH ) for their treasury. You might also like: SEC allegedly sabotaged Democrats’ request on the eve of the Clarity Act hearings, while providing analysis to GOP XRP price forecast and analysis XRP daily price chart shows mixed signals. There is scope for double-digit gains and nearly 7% correction, both in the coming week. If the altcoin gains strength from higher demand, buy pressure and institutional interest, it could rally towards $2.5067, the 50% Fibonacci retracement of the drop from the 2025 peak of $3.4000 to the April low of $1.6134. XRP faces another key resistance at $2.8000, a level that held steady as resistance throughout 2025. The $3 level is a psychologically important price level, and a break above this level could precede a re-test of the 2025 peak at $3.4000. XRP/USDT daily price chart | Source: Crypto.news Conversely, a drop to support at $2.0350 is likely. The support coincides with the 23.6% Fibonacci retracement of the drop from the 2025 peak to the low. A liquidity sweep at this level represents a 7% decline from the current level. The weekly price chart shows mixed signals, similar to the daily one. RSI supports a thesis of further gains in XRP, sloping upwards and above the neutral level and MACD flashes red histogram bars under the neutral line, signaling an underlying negative momentum in XRP price trend. You might also like: Dow, S&P 500, Nasdaq open higher after Trump-Xi call SEC vs. Ripple lawsuit updates The SEC vs. Ripple lawsuit continues to drag in the settlement phase, even as the two parties are willing to end litigation with a $50 million fine. New filings from May 28 indicate that there are interested parties, ready to submit what they refer to as “decisive evidence” and challenge the application of Howey’s test to determining whether XRP is a security. The lawsuit therefore continues to drag with new developments every few weeks, keeping XRP traders and holders on their toes. The re-listing of XRP across exchanges and higher speculation, rising Open Interest (OI) across derivatives platforms shows there is a scope for gains in the medium to long term. The next key lawsuit update could arrive on June 16, according to pro-crypto attorney Bill Morgan’s recent tweets on X. Will XRP lead the altcoin rally this cycle? Comparing the total crypto market capitalization excluding Bitcoin and XRP price chart in 2025, it is evident that XRP price trend is similar to the altcoin market cap. It is important to note that total crypto market cap includes stablecoins as well, however XRP follows the trend closely. If XRP continues its consolidation and rallies alongside Bitcoin in its re-test, it could set the stage for gains in altcoins, ranked in the top 50 assets by market capitalization. XRP price and total crypto market cap excluding BTC | Source: TradingView Exclusive commentary on XRP Vivien Wong, partner at HashKey Capital, a digital asset investment manager spoke to Crypto.news in an exclusive interview. Wong shared her insights on institutional appetite for XRP in Asia and Hong Kong and how the firm is helping bridge the gap between traditional finance and Decentralized Finance, tapping into demand for XRP and offering partnerships and opportunities for corporates to utilize XRP through their plans for ETF product offerings in the future. Wong discussed the launch of HashKey’s XRP tracker fund and its importance in Asia. The partner said, “I would say it’s a landmark in crypto in Asia because it’s the very first fund in the region designated for tracking XRP’s price performance. So it actually gives a regulatory approved straightforward way to invest into this major crypto for traditional financial people. The fund let investors subscribe and redeem shares monthly in cash or kind. So it’s pretty much a golden standard for crypto ETF right now. And then what we are doing right now is that because there’s a lot of investors saying to us that I don’t want to have a direct ownership of crypto, it is kind of a simplified version for a traditional financial firm right now. So looking forward, I guess there will be potential for us to evolve into an ETF product in the next couple of months. We’re pending regulatory approval right now.” Discussing HashKey’s plans for XRP-investment products, Wong explained the firm’s strong presence in Asia and plans to work with giants like SBI Ripple that have a strong presence in the region. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
According to a post by X user X Finance Bull, Ripple is now positioning XRP and its stablecoin RLUSD as the foundational rails for global financial inclusion efforts. The initiative highlights the company’s growing commitment to leveraging blockchain technology for measurable humanitarian purposes, with 2024 serving as a proof-of-concept phase and 2025 anticipated to be a period of broader implementation. Partnerships Supporting Emerging Market Innovation Ripple’s updated strategy, detailed in the company’s Impact Finance annual report, emphasizes partnerships with Mercy Corps Ventures, the International Rescue Committee, and the Lab for Inclusive Fintech at UC Berkeley. Through these collaborations, Ripple is deploying its blockchain infrastructure—specifically the XRP Ledger (XRPL) and RLUSD—to scale financial services that are accessible, affordable, and equitable across underserved regions. These efforts aim to demonstrate how decentralized technologies can enable financial resilience and expand economic opportunities in emerging markets. BREAKING: Ripple just quietly positioned $XRP + $RLUSD as the rails for global impact finance. $30M deployed. 15 pilots launched. 2024 was the test. 2025 is the takeover. #XRP isn’t just innovation. It’s domination. You still have time. For now. pic.twitter.com/JEo3x5XO9d — X Finance Bull (@Xfinancebull) June 4, 2025 Capital Deployed and Pilot Programs Initiated According to the information included in Ripple’s publication , the company has granted $30 million to NGOs focused on impactful finance since 2018. In partnership with Mercy Corps Ventures, 15 startup investments and pilot programs have already been launched in various emerging markets. In addition, Ripple has committed $1 million specifically to the International Rescue Committee to support humanitarian use cases involving blockchain solutions. Finance Bull’s tweet, referencing this development, frames the current moment as a pivotal one for the adoption of XRP and RLUSD in real-world financial applications. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Positioning Blockchain at the Center of Global Development Ripple’s move comes as blockchain-based financial tools gain increasing relevance in humanitarian and development sectors, especially in regions where traditional banking infrastructure remains limited or unreliable. By deploying RLUSD and XRP within impact finance initiatives, Ripple is attempting to offer scalable, low-cost settlement infrastructure to organizations working in volatile or underserved environments. While 2024 was largely a pilot year to assess the efficacy of Ripple’s technology stack in humanitarian settings, the infrastructure now in place suggests a more aggressive rollout in 2025. The company’s continued collaboration with academic and non-profit partners adds a layer of credibility and expertise to its operations in this space. X Finance Bull’s remarks highlight the potential magnitude of this transition and suggest that the strategic use of blockchain in humanitarian finance may soon move from the periphery to the center of global development efforts. 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 Ripple Just Quietly Positioned XRP and RLUSD as Rails for Global Impact Finance appeared first on Times Tabloid .
The post XRP Shows Bullish Signs Amid Market Pressure, Breakout Soon? appeared first on Coinpedia Fintech News XRP is under pressure today as the market struggles. With Bitcoin nearing $100K and Ethereum falling, XRP has also slipped over 4% as traders react to political tensions and a wider market sell-off. XRP Nears Key $2.40 Resistance Despite the recent drop, XRP appears to be gaining momentum. Analyst Dark Defender shared recently that XRP is nearing a major resistance level on the weekly chart. If it breaks this key level along with the RSI barrier, it could trigger a strong upward move. He shared that XRP has a strong price support at $2.22. If it holds above this support and breaks key resistance levels like $2.40, it could shoot up to as high as $5.85, an increase of about 144%. The market seems to be ticking toward a breakout, and excitement is building across the XRP community. Analysts Point to Crucial Resistance at $2.36 for Breakout Analyst Egrag Crypto also shared that for a short-term bullish breakout, XRP needs to first close above $2.30 to show buying interest, then surpass $2.35 to build momentum. The crucial level is $2.36, where XRP would break out of a major falling wedge pattern, which is a classic technical signal hinting at an upward trend. If it further closes above $2.45, then it shows strong bullish control, and crossing $2.65 is the key for a big upward move. XRP Could Follow 2017 Pattern, Rally Soon? If XRP follows its 2017 pattern , a final breakout could start in 2-4 weeks. It has already been consolidating for 190 days, close to the 210-day mark back then. So, a big move might be around the corner. But, it may first dip to $2 to grab liquidity before pumping. XRP is trading around $2.12, down 4% in 24 hours. It is now testing key support near $2.07. If it breaks lower, more losses could follow. Almost all of the moving averages are negative except the 200-day EMA at $2.08, which might act as support. Indicators like MACD remain bearish, and traders seem to be waiting for a clear move. All eyes are on June 16 next, as a major Ripple v. SEC update is expected, which could decide XRP’s course. Institutional interest in XRP is also growing as VivoPower, Webus, and ACG are making major investments. Several XRP ETF applications await approval, including Franklin Templeton’s decision on June 17.
XRP XRP climbed 7% over the past 24 hours, rebounding from a steep sell-off to trade at $2.20 after finding support at $2.07. News Background XRP’s week-long price action was influenced by a mix of fundamental developments and market speculation. Ripple recently received approval from Dubai regulators for its RLUSD stablecoin, underscoring the company’s ambition to integrate digital assets into cross-border payment systems. Meanwhile, the market is closely watching for a decision on Franklin Templeton’s proposed spot XRP ETF, expected by June 17. Approval could attract substantial institutional inflows, potentially transforming XRP’s liquidity profile. On the technical front, XRP’s consolidation above its 200-day moving average signals resilience despite broader market volatility. Ripple’s broader strategy — bridging crypto and traditional finance — continues to define XRP’s role as both a settlement asset and a risk-on hedge against traditional assets. Price Action The rebound followed a sharp sell-off that saw XRP tumble to $2.07 during the 19:00-20:00 hour, with volume spiking to 228.6 million units — nearly double the daily average — suggesting capitulation selling rather than steady distribution. XRP’s price has since formed a higher-low pattern with bullish momentum returning as buying interest surged in the $2.10-$2.15 range. While XRP’s price action has regained ground, the $2.50-$2.60 resistance zone remains formidable. The market remains cautious, with traders eyeing the potential ETF decision as a catalyst for a sustained breakout. Technical Analysis Recap XRP climbed from $2.07 to $2.20, a 7% gain. The most significant selling occurred between 19:00-20:00, with volume hitting 228.6 million units — nearly double the daily average. Resistance formed at $2.50-$2.60, with price struggling to sustain gains beyond these levels. Support established at $2.07-$2.10, with high-volume buying interest stabilizing the price action. Price action has formed a higher-low pattern with bullish momentum, though market caution persists. XRP remains technically within a symmetrical triangle formation, hinting at potential breakout scenarios if volume increases and resistance is breached. Disclaimer: Portions of this article were generated with the assistance of AI tools and reviewed by CoinDesk’s editorial team for accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
Coach JV, a well-known voice in the cryptocurrency space, has presented a detailed case for why Bitcoin and XRP remain two of the most promising assets for future millionaires. Although both digital assets have been available for over a decade, the crypto commentator insists that their most significant gains could still lie ahead. His analysis is centered on the long-term fundamentals of these cryptocurrencies, including supply constraints, increasing institutional demand, and geopolitical shifts that favor broader crypto adoption. Why Bitcoin’s Supply Dynamics Point to Massive Upside According to Coach JV, Bitcoin’s scarcity remains one of its strongest value drivers. He notes that 95% of all Bitcoin has already been mined and distributed, leaving only 5% of the supply available for future circulation. This limited supply, coupled with rising demand from both retail and institutional buyers, creates a high probability of price escalation. Eric Trump, son of President Donald Trump, recently remarked that Bitcoin is in high demand and few are willing to sell, reinforcing the argument that growing interest is colliding with limited supply. Trump, who backs conservative financial policies, placed his baseline price prediction for Bitcoin at $170,000 but acknowledged that the $1 million figure is within reason. Coach JV highlighted that global leaders and political figures are now aligning with pro-Bitcoin policies. He referenced President Donald Trump’s executive order directing the United States to retain its Bitcoin holdings and not liquidate them. This move aligns with several pro-crypto legislative proposals now circulating in Washington, signaling a shift in official sentiment toward digital assets. Institutional Interest and Global Policy Add Momentum Momentum is also building internationally. Zia Yusuf, chairman of Reform UK, warned in a Bloomberg interview that the UK could fall behind economically if it excludes Bitcoin from its sovereign wealth fund. Such warnings underscore the asset’s increasing relevance at a governmental level, a trend that Coach JV argues could support prolonged upward movement in Bitcoin’s price. Supporters of the bullish outlook claim that this global policy trend may move Bitcoin out of its traditional four-year bull-bear cycle into a longer-term growth phase. This new environment, they argue, could be the catalyst for a significant number of new millionaires who accumulate the asset early enough. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Bitcoin Compared to Early Tech Stocks Cedric Youngelman, host of the Bitcoin Matrix podcast, provided further historical perspective by comparing Bitcoin’s current market position to Apple’s in the mid-1990s. He stated that investing in Bitcoin at $105,000 in 2025 would be similar to buying Apple stock in 1995. Youngelman emphasized that a $1,000 investment in Apple in 1995 would now be worth $63 million, implying that Bitcoin may offer a comparable trajectory over the coming decades. XRP’s Millionaire Potential Coach JV also underscored XRP’s potential as a wealth-building asset. He believes XRP is positioned to benefit from the same wave of financial transformation that is propelling Bitcoin. The analyst argued that as Bitcoin rises, XRP could follow, especially as regulatory clarity around XRP continues to improve. Support for this view comes from other notable voices in the crypto space. Edo Farina predicted that XRP could increase by over 4,000% to reach $100 if Bitcoin reaches the $500,000 mark. Under this scenario, an investment of 10,000 XRP tokens, valued around $20,000 today, could grow into a $1 million portfolio. In addition, BarriC, another market analyst, suggested that XRP could trade between $500 and $1,000 by the 2030s, depending on the broader crypto market’s growth. While these figures are speculative, they reflect the growing optimism about XRP’s potential to create substantial wealth for long-term holders. Coach JV’s analysis, supported by numerous voices in the financial and political space, presents a compelling case that Bitcoin and XRP could generate significant wealth in the years ahead. His perspective emphasizes that, despite their past gains, both assets may still be in the early stages of global adoption. As institutional interest, supply dynamics, and regulatory policies align in favor of crypto, the road to millionaire status may remain open to those who position themselves accordingly. 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 Making of Millionaires: Expert Reveals Why Bitcoin and XRP Are Just Getting Started appeared first on Times Tabloid .