Can $0.39 survive the clash between bullish bets and bearish flows?
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the U.S. Senate is weaponizing bitcoin against El Salvador in a politicized attempt to sanction Bukele’s administration on alleged human rights violations. Latam Insights Encore: U.S. Senate Weaponizes Bitcoin Against
Bitcoin’s market dominance has shown signs of potential decline as Ethereum gains traction, according to insights shared by crypto analyst Matthew Hyland on July 16. Hyland emphasized on the X
XRP buyers returned in force and took the price to $3 earlier this week, but the asset slipped below it in the following days. What’s next? Key Support levels: $2.6 Key Resistance levels: $3, $3.4 1. Buyers Rush to XRP In the past week, the buy volume has exploded, and with it, the price. XRP went from $2.3 to $3 in less than a week, which represents a 30% rally. This is the first time this cryptocurrency is challenging the $3 resistance since March. Chart by TradingView 2. Critical Resistance Under Pressure With the price just under $3, XRP is found at a junction. If it breaks this resistance, then it will have a real chance to escape much higher and even make a new all-time high. If it fails, then sellers are likely to return since that will be a sign of weakness. The next few days are critical. Chart by TradingView 3. Weekly MACD Turns Bullish In a major development, the weekly MACD turned bullish this week. This hints at a sustained rally in the future despite any pullback at the current resistance. Based on this momentum indicator, the $3 level may eventually fall to allow this cryptocurrency to expand much higher, with key targets at $3.4 and a new all-time high of $3.6. Chart by TradingView The post Ripple (XRP) Price Predictions for This Week appeared first on CryptoPotato .
U.S. spot bitcoin exchange-traded funds (ETFs) extended their winning streak to nine consecutive days on Tuesday, attracting a total of $403 million in net inflows, according to data from SoSoValue . Key Takeaways: U.S. spot Bitcoin ETFs extended their inflow streak to nine days, adding $403 million on Tuesday. Despite gains, outflows hit Grayscale’s GBTC, Fidelity’s FBTC, and Ark & 21Shares’ ARKB. Ethereum spot ETFs also recorded eight straight days of inflows, adding $192 million. Leading the charge was BlackRock’s IBIT, which alone saw $416.35 million in new money, followed by VanEck’s HODL with $19 million. Other funds such as Grayscale’s Mini Bitcoin Trust and Bitwise’s BITB also reported positive inflows for the day. Notable Outflows Hit Grayscale, Fidelity, and Ark Bitcoin Funds However, the gains were partially offset by outflows from three funds: Grayscale’s GBTC lost $41.22 million, Fidelity’s FBTC saw $23 million exit, and Ark & 21Shares’ ARKB dropped by $6.21 million. Spot bitcoin ETFs have now amassed a cumulative total of $53.07 billion in net inflows, with $4.4 billion added over the past nine trading days alone. The surge builds on a strong run that began in April, during which these funds have drawn nearly $17 billion. Ethereum spot ETFs have followed suit, marking their eighth straight day of net inflows, with $192.33 million added on Tuesday. Bitcoin currently trades at $117,373, holding steady near a key support level despite pulling back from a recent all-time high of $123,000 set earlier this week. “Bitcoin has been able to maintain a solid position at around $118K after core CPI data was lower than expected, prompting speculation that the Fed will be more likely to cut interest rates in September, potentially leading to a surge of demand for bitcoin,” said Nick Ruck, director of LVRG Research. #BTC we’re back at $116K as planned. CPI drops in an hour. IMO we’ll either see a quick liquidity grab below or hold this level and push higher. pic.twitter.com/lSkgGcB2au — Mind Over Market | by Llamito (@LlamitoCharts) July 15, 2025 Last week, US-based spot Bitcoin ETFs recorded over $1 billion in inflows for two straight days. On Friday, 11 spot Bitcoin ETF products reported combined inflows totaling $1.03 billion, following $1.17 billion the previous day. Recently, BlackRock reported earning more revenue from IBIT than from its flagship iShares Core S&P 500 ETF. 95% Approval Chance for Spot Solana, XRP ETFS As reported, Bloomberg’s senior ETF analysts have assigned a 95% chance that the SEC will approve spot ETFs for Solana, XRP, and Litecoin this year, raising their previous odds from 90% amid growing optimism for institutional crypto products. They also expect a crypto index ETF tracking multiple assets could gain approval as early as this week, signaling broader access to altcoins for traditional investors. Beyond ETFs, institutional Bitcoin demand is spreading into corporate treasuries. Japan’s Metaplanet recently bought $93 million worth of BTC , becoming the fifth-largest corporate holder with a stack exceeding 16,300 BTC. France’s The Blockchain Group and the UK’s Smarter Web Company also made new BTC treasury allocations this week, purchasing $12.5 million and $24.3 million worth of Bitcoin respectively. The post U.S. Spot Bitcoin ETFs See Ninth Straight Day of Inflows, $403M Added appeared first on Cryptonews .
Billionaire investor Peter Thiel has acquired a significant 9.1% stake in BitMine Immersion Technologies, a leading crypto mining service provider, sparking a sharp rise in the company’s stock price. This
The post XRP Price at the Cusp of a Major Run: Is $2.62 to $2.7 the Sweet Spot Before a Run to $5? appeared first on Coinpedia Fintech News XRP is currently hovering near a key inflection point after an extended consolidation phase, with price action tightening into a decisive structure. Recent moves suggest growing pressure from both bulls and bears, as the asset trades just below a major resistance zone. With volatility compressing and momentum building, it appears primed for its next big move. The market is watching closely—will the XRP price break above the current range and push toward fresh highs, or is a deeper retracement on the horizon? Short-Term Setup: Squeezed Between Support and Resistance Over the past several sessions, XRP has been locked in a consolidation zone, reflecting indecision across the broader crypto market. The price continues to oscillate within a clearly defined band, repeatedly testing both upper and lower bounds without a breakout. This narrowing price behavior reflects a classic “build-up” phase, where momentum is being stored before release. Such setups often result in sharp price moves, depending on whether bulls or bears seize control first. The structure forming on the chart shows a tightening triangle, typically viewed as a precursor to volatility. Current price levels are crucial, as a confirmed move beyond this range could ignite a much stronger trend, either to the upside or downside. While the Bollinger bands are squeezing, the MACD displays a drop in selling pressure. Hence, a strong upward move is approaching. Long-Term Setup: Eyes on Expansion Beyond the Range While XRP’s short-term setup suggests a breakout is near, the longer-term structure presents an even more compelling picture. After years of ranging below its all-time high, XRP is slowly building the foundation for a major macro move. The multi-year resistance zone—previously a ceiling during past rallies—is now being approached with a stronger base structure and renewed investor interest. This prolonged consolidation, combined with strengthening market participation, hints at a potential shift in trend dynamics. If XRP decisively breaks above its current high-timeframe range, the next major move could mark the beginning of a sustained uptrend, not just a short-term spike. The price history suggests that once XRP clears these long-standing resistances, the asset tends to move rapidly toward new territory. This phase may mirror previous cycles, where long periods of consolidation are followed by aggressive price discovery. What’s Next for XRP: Potential Scenarios Bullish Scenario: If buyers reclaim control and push XRP above the overhead resistance with conviction, momentum could quickly build. This would pave the way toward targets near $3.60 and potentially $4.00 in the coming weeks, depending on broader market strength. Bearish Scenario: Failure to hold the $2.60–$2.70 region may expose XRP to deeper retracements. A drop into the $2.30–$2.20 zone remains possible before bulls regroup for another upward attempt. Neutral/Sideways Bias: XRP could also continue to consolidate within its current structure if volume remains thin and no catalyst appears. However, this scenario is unlikely to last much longer given the tightening price range.
Billionaire Peter Thiel has bought a 9.1% stake in the crypto mining service company BitMine, which sent the company’s stock soaring in after-hour trading.
On July 16, CryptoQuant analyst AXEL highlighted on Twitter that the “Peak Signal”, a key indicator historically observed at significant market tops, has not been triggered. This absence suggests that
Bitcoin dominance appears to have peaked as Ether’s bullish momentum challenges its market share, signaling a potential shift in crypto investment trends. Analyst Matthew Hyland emphasizes that if Ether maintains