XRP Hovers on the Edge — Key Levels Define Next Direction XRP traded in a tight range, hitting a $3.02 intraday high before settling at $3 with a 24-hour jump of 2.2% being driven by surging demand and high-volume trading on Korean exchanges. This price action places XRP squarely within the range articulated by market analyst Adex crypt. The analyst noted , “XRP remains bearish below $3.02. A dip beneath $2.91 may lead to further declines toward $2.78, with extended targets at $2.60 and $2.45. However, a breakout above $3.09 could trigger bullish momentum, eyeing $3.40, $3.70, and $3.85.” Navigating this scenario, traders are watching key thresholds. Holding above $2.91 may stave off downside pressure, but should the price slip below that mark, a slide toward $2.78 and potentially a further drop toward $2.60 and $2.45 could unfold. Conversely, pushing firmly above $3.09 would unlock bullish potential, opening the door toward $3.40 and possibly stretching to $3.65 or even $3.85. Technically speaking, XRP has remained rangebound for now. Recent reports highlight resistance near $3.10 to $3.20, and a descending channel that’s muted upside. Meanwhile, on the fundamentals front, XRP’s flirtation with the $3 mark comes amid renewed regulatory developments. For instance, the United States Securities and Exchange Commission (SEC) is scheduled to deliberate Ripple’s appeal withdrawal, while market participants show rising institutional interest, including ETF filings in Japan by SBI Holdings. BDACS Rolls Out Institutional-Grade Support for XRP South Korea just hit a major milestone in regulated crypto infrastructure as BDACS, a licensed cryptocurrency custodian, officially launches institutional-grade custody services for XRP. Born from its strategic partnership with Ripple, the rollout bridges the gap between regulatory compliance and institutional access to digital assets. Reliable Custody Meets Regulatory Compliance Through integration with Ripple Custody, Ripple’s enterprise-grade custody platform, BDACS now offers secure, compliant storage, management, and deployment of XRP for Korean banks, funds, and asset managers. Crucially, this system is tightly aligned with South Korea’s Financial Services Commission regulatory roadmap, addressing key institutional concerns around compliance and risk. Seamless Exchange Integration The service extends beyond custody. BDACS has connected with top domestic exchanges, such as Upbit, Coinone, and Korbit, enabling institutional clients to move XRP across Korea’s most liquid trading platforms with ease and full regulatory transparency. Why It Matters XRP is already among the most actively traded digital assets in Korea. Previously, institutions were hindered by fragmented options and insufficient custodial frameworks. With BDACS now offering regulated, onshore custody, institutional adoption barriers are being dismantled, paving the way for greater liquidity, stability, and long-term growth. Moreover, this initiative aligns with broader projections that crypto custody could manage trillions in assets by 2030, while digital asset tokenization could represent up to 10% of global GDP, signaling a shift toward token-based financial infrastructure. Broader Strategic Context This development marks the first tangible outcome of the BDACS–Ripple collaboration, building upon Ripple’s regional strategy to deepen institutional adoption across Asia. In addition to XRP, BDACS also supports RLUSD, Ripple’s U.S. dollar-backed stablecoin. The impact is already evident: South Korea is one of the world’s most crypto-engaged markets, with over 25% of individuals aged 20–50 holding digital assets with 4 in 10 expressing willingness to invest more if supported by regulated institutions. Conclusion BDACS’s institutional-grade support for XRP represents a significant leap forward for South Korea’s digital asset ecosystem. By offering compliant custody and seamless exchange access, the collaboration with Ripple sets new standards for institutional crypto participation, positioning XRP to play an increasingly central role in Asia’s evolving financial infrastructure. Meanwhile, XRP’s next move hinges on whether it can break and stay above the $3.09 barrier or if it falls back below $2.91.
Bitcoin price analysis looks to last November for clues as to how high BTC might go if recent bull market history repeats.
A VARA spokesperson told Cointelegraph that while mutual license recognition is a feature, it does not mean automatic passporting to different emirates.
A recent analysis from crypto analyst Steph Is Crypto (@Steph_iscrypto) has refocused attention on XRP’s price structure, highlighting what he calls a “Golden Entry” point. Drawing comparisons to XRP’s price action in late 2017, the analyst points to a recurring pattern that preceded XRP’s historic surge to its previous all-time high. Using monthly candlestick charts, Steph identifies a triangular consolidation phase that, in 2017, led directly into a significant breakout. His post suggests that XRP is once again in a similar technical setup. The Repeating Pattern The side-by-side charts in the post depict two distinct timeframes. The left panel shows XRP’s price activity in 2017, where the token moved from sub-cent levels to over $3.3. At the time, the asset experienced a clear breakout from a symmetrical triangle , which was followed by exponential gains. Steph marks this breakout as the Golden Entry, emphasizing its role as a strategic point for accumulation before XRP’s rapid ascent. The asset’s climb to a new all-time high in July has put it in a similar position. The chart on the right shows that this bull run remains active. Steph advises investors to accumulate now, as this may be a once-in-a-lifetime opportunity. #XRP HAS FORMED THE GOLDEN ENTRY! This is your final chance to get rich. pic.twitter.com/4YH5Bqau7Q — STEPH IS CRYPTO (@Steph_iscrypto) August 6, 2025 Current Market Context and Analyst’s View Steph’s assertion implies XRP may be poised for a substantial price movement, provided the pattern plays out comparably. It’s worth noting that XRP has seen major events since 2017, including regulatory challenges and ongoing litigation with the U.S. Securities and Exchange Commission (SEC). We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 However, the lawsuit is nearing a resolution , and this would remove a key overhang on XRP’s price, freeing it up for growth. Steph’s analysis focuses solely on chart structure and historical precedent, and provides a strong case for a new price discovery phase for XRP. Potential Implications for XRP Holders The concept of a Golden Entry suggests a narrow window of opportunity for strategic accumulation . For market participants who accept technical analysis as a decision-making tool, this signal may prompt increased interest in XRP. Steph’s analysis offers a perspective that may resonate with those who view XRP’s past performance as a guide to its future. The recurring triangle breakout pattern is visually compelling, but whether XRP can replicate its previous surge remains uncertain. For now, Steph Is Crypto’s post has positioned XRP’s current chart pattern as pivotal, and market observers will be watching closely to see if the breakout leads to the kind of rally seen in 2017. 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 Has Formed the Golden Entry. Analyst Says This Is Final Chance to Get Rich appeared first on Times Tabloid .
TL;DR Tornado Cash developer Roman Storm was found guilty of operating an unlicensed money service business. TORN price dropped below $10 after the court decision, recording a 24% loss over seven days. Active addresses spiked to 173 on August 6, likely driven by wallet activity during market sell-off. Court Finds Tornado Cash Developer Guilty Roman Storm, a developer and co-founder of Tornado Cash, has been found guilty of running an unlicensed money transmittal business. The verdict came from a federal jury in Manhattan on August 6, following four days of deliberations. Meanwhile, the court reached a decision on one felony charge. The jury did not reach agreement on two other charges tied to money laundering and sanctions violations. Storm now faces a sentence that could reach up to five years in prison. TORN Price Falls After Court Ruling Notably, the price of Tornado Cash (TORN) dropped about 15% following the verdict. The token was trading at $10.3 at press time, with a 24-hour trading volume of roughly $1.7 million. It has lost nearly 18% in one day and around 24% over the past week. Before the decision, analyst Papa Wheelie suggested the token could dip if there was a guilty verdict. He noted that while downside was likely in that case, he expected the protocol itself to stay active and could recover in time. $TORN dumped 15.4% today after Tornado Cash developer Roman Storm was found guilty of running an unlicensed money transmitter. pic.twitter.com/CBs98yCAI7 — CoinGecko (@coingecko) August 7, 2025 Indicators Show Continued Downward Pressure Price charts for the TORN/USDT pair show strong selling. The Relative Strength Index (RSI) dropped to 32, approaching oversold conditions. It also moved below its signal line, which had been at 45. Source: TradingView Furthermore, the MACD indicator is also negative. Its line is under the signal line, and there are red bars in the histogram which are still increasing. Both indicators indicate active selling with no imminent indications of reversal. Activity on Network Increases The number of active addresses on the Tornado Cash network rose sharply on August 6, reaching 173. This marked the highest level in the past month. It came as the price dropped below $10. Source: Glassnode For most of July, the count stayed between 60 and 120 addresses. The spike in activity may be linked to users moving funds in response to the legal outcome. It likely reflects increased caution rather than new demand. The post Guilty Verdict Sends TORN Price Crashing 15% — What’s Next? appeared first on CryptoPotato .
BitcoinWorld ETH Whale Accumulation: Massive $122.96M Buy Signals Smart Rebound Potential A significant event recently caught the eye of the cryptocurrency world: a massive ETH whale accumulation . An anonymous entity, strongly suspected to be an institutional investor, recently made waves by purchasing approximately $122.96 million worth of Ethereum (ETH) over just two days. This substantial move occurred amidst a noticeable Ethereum price dip , leading many to ponder the underlying strategy. On-chain analyst @TedPillows on X highlighted this impressive acquisition, suggesting that truly smart investors often utilize market downturns as opportune moments for a short-term ETH buying opportunity . This strategic move by a major player offers valuable insights into current market sentiment and potential future trends for Ethereum. Why Are Whales Buying During This Ethereum Price Dip? This recent ETH whale accumulation isn’t just a random act; it reflects a calculated strategy. Large-scale investors, often referred to as “whales,” possess the capital and analytical resources to identify market inefficiencies. When prices decline, they see it not as a loss, but as a chance to acquire assets at a discount. This particular whale’s timing suggests a strong conviction in Ethereum’s long-term value, even when the broader market sentiment might be cautious. They are essentially “buying the dip,” a common tactic among experienced traders. Strategic Positioning: Whales aim to build substantial positions when assets are perceived as undervalued during an Ethereum price dip . Market Rebound Anticipation: They anticipate a future recovery, positioning themselves for significant gains once the market stabilizes or reverses. Liquidity Absorption: Their large buys can help absorb selling pressure, potentially stabilizing the market and setting a floor. This behavior is characteristic of smart money crypto , where well-informed players make moves that often precede broader market shifts. It indicates a belief that the recent downturn is temporary and that Ethereum’s fundamentals remain robust, making it an attractive target for institutional crypto buying . Is This Ethereum Price Dip a Genuine Buying Opportunity? The actions of such a prominent investor often serve as a beacon for others. The idea that a recent Ethereum price dip could be a prime ETH buying opportunity resonates with the “buy the dip” philosophy prevalent in crypto. However, it is crucial for individual investors to conduct their own research and not solely rely on whale movements. While these large acquisitions can be indicative, they are not guarantees of future price action. This particular purchase points towards growing confidence in Ethereum’s ecosystem and its foundational role in decentralized finance (DeFi) and NFTs. Understanding the nuances of institutional crypto buying involves recognizing that these entities typically have a longer investment horizon. They are less swayed by daily volatility and more focused on fundamental growth and technological advancements. Their substantial capital allows them to execute large orders without significantly impacting the market price, a luxury often unavailable to smaller traders. This type of strategic accumulation during an an Ethereum price dip highlights a long-term bullish outlook, a hallmark of smart money crypto strategies. Understanding Institutional Crypto Buying Strategies What drives such significant institutional crypto buying ? It’s often a blend of factors that go beyond simple price charts: Fundamental Analysis: Deep dives into Ethereum’s technology, ongoing network upgrades (like Dencun, which enhanced scalability), and increasing adoption rates across various sectors. Macroeconomic Outlook: Assessing broader economic conditions, inflation trends, and interest rate policies, and their potential impact on digital assets as an alternative investment. Risk Management & Diversification: Allocating capital to high-potential assets like ETH as part of a diversified portfolio, aiming to mitigate overall market risk. This particular whale, suspected to be an institution, is likely leveraging sophisticated models to determine optimal entry points. Their actions underscore a belief that Ethereum, despite recent fluctuations, remains a cornerstone of the digital economy. This reinforces the narrative that the current market phase could indeed represent a strategic accumulation zone, especially for those looking for an ETH buying opportunity . Embracing Smart Money Crypto Tactics The concept of “ smart money crypto ” refers to investors who consistently make profitable decisions, often ahead of the general market. This recent large-scale ETH whale accumulation is a classic example. It highlights the importance of patience and contrarian thinking. While many retail investors might panic sell during a downturn, smart money sees value where others see risk. They look for signals like strong on-chain metrics, development activity, and significant buying by large entities. This strategic approach during an Ethereum price dip can lead to substantial long-term gains. For those looking to adopt a similar mindset, consider these actionable insights: Do Your Own Research (DYOR): Never blindly follow. Understand the underlying reasons why a whale might be buying. Long-Term Vision: Focus on the asset’s fundamentals and utility rather than short-term price swings. Risk Management: Invest only what you can afford to lose, and consider dollar-cost averaging to smooth out entry points. On-Chain Analysis: Learn to interpret data from blockchain explorers to spot trends and large transactions. This substantial investment by an anonymous whale offers a compelling narrative about the current state of the Ethereum market. It serves as a powerful reminder that significant opportunities can emerge during periods of market uncertainty. The conviction shown by this large buyer in Ethereum’s future potential suggests a strategic move, aligning with the perspective that the recent dip is, for some, an invaluable chance to accumulate. This ETH buying opportunity , as seen by the whale, underscores the resilience and long-term promise of Ethereum. Frequently Asked Questions (FAQs) Q1: Who is the anonymous whale mentioned in the article? A1: The anonymous whale is an unidentified entity, suspected by on-chain analysts like @TedPillows to be a large institutional investor due to the significant volume of their purchase. Q2: Why do whales typically buy during a price dip? A2: Whales often buy during price dips because they view these periods as opportunities to acquire assets at a discount. They strategically position themselves for potential future market rebounds, leveraging their capital to gain significant exposure to assets like Ethereum. Q3: Is this ETH buying opportunity suitable for all investors? A3: While a large ETH whale accumulation can signal potential value, it is crucial for all investors to conduct their own due diligence (DYOR). Market movements can be unpredictable, and what is a suitable opportunity for a large institution may not align with an individual investor’s risk tolerance or financial goals. Q4: What is “smart money crypto”? A4: “Smart money crypto” refers to investors, often institutional or highly experienced, who consistently make profitable decisions and anticipate market trends. Their actions are typically based on in-depth analysis and a long-term vision, distinguishing them from more reactive retail investors. Q5: How can I track institutional crypto buying? A5: You can track large-scale crypto movements, including potential institutional buying, through on-chain analysis platforms and tools that monitor significant transactions on blockchain networks. Following reputable on-chain analysts on social media can also provide insights. If you found this analysis on the significant ETH whale accumulation insightful, share it with your network! Help others understand the strategic moves happening in the crypto market during an Ethereum price dip . Your shares help us bring more valuable insights to the community. To learn more about the latest Ethereum price action trends, explore our article on key developments shaping Ethereum institutional adoption. This post ETH Whale Accumulation: Massive $122.96M Buy Signals Smart Rebound Potential first appeared on BitcoinWorld and is written by Editorial Team
Crypto founders Illia Polosukhin and Kain Warwick explain how they’re working together to reduce fragmentation and improve DeFi user journeys.
More and more companies around the world are adding bitcoin to their balance sheets as a long-term strategy to increase value. The pioneer of this trend is U.S.-based MicroStrategy, which now holds over 628,000 BTC worth nearly $72 billion , far surpassing its annual software revenue of $463 million. MicroStrategy kicked off its bitcoin buying spree back in 2020 as a hedge against inflation, and many companies have followed. Japanese investment firm Metaplanet has acquired over 17,500 BTC , while Trump Media & Technology recently purchased 18,430 BTC for over $2.1 billion after raising capital through stock and bond issues. Other major holders include Coinbase, Riot Platforms, Tesla, and more. Inspired by this trend, two publicly listed Polish gaming companies, Ice Code Games and Immersion Games , have announced plans to shift their financial reserve strategy to bitcoin. Ice Code Games secured a €1 million investment to begin building its BTC reserves. The company, which has been operating at a loss for years, hopes to use bitcoin as a foundation for a new business direction. Immersion Games, which hasn’t turned a profit since its 2021 stock debut, also plans to abandon game development and pivot to blockchain. The company aims to invest €1–1.5 million in bitcoin in the initial phase and eventually grow its holdings to €50–100 million , funded by convertible bonds. It plans to hold the assets long-term, using cold storage solutions provided by trusted custodians like Coinbase Prime and Fidelity. There are risks. Buying bitcoin at high prices can lead to major losses if the market turns. And financing these purchases with debt or new shares increases the pressure if bitcoin's value drops. There are also concerns around security, such as losing private keys or facing cyberattacks, and changing crypto regulations in Poland and the EU. On the upside, this approach offers investors exposure to bitcoin without needing to hold the crypto themselves. It may also come with tax advantages, since capital gains from stock trading can be offset by losses, unlike with direct crypto holdings. That said, ETFs like the upcoming Polish BETA ETF or funds from PZU will offer similar exposure—but with management fees. The bitcoin treasury strategy only works when BTC is rising . When bitcoin fell by 30% earlier this year, MicroStrategy posted an unrealized loss of $5.9 billion. It rebounded with a $10 billion gain the following quarter, but these are paper profits and don’t affect cash flow unless the bitcoins are sold. If the market cools and capital becomes harder to raise, even large companies could be forced to sell at a loss. For small Polish firms, the strategy could either rescue their business or push them deeper into trouble. It's a bold experiment with high risk and potentially high reward , but only if the bull market continues. MicroStrategy says over 70 companies worldwide have now adopted this strategy or begun diversifying reserves into bitcoin. This includes firms from India, Brazil, China, France, Norway, Sweden, the UK—and soon, possibly Poland too.
According to data from blockchain analysis platforms, the Sign project transferred 150 million SIGN tokens, corresponding to 11% of the circulating supply, to Binance, one of the world's largest cryptocurrency exchanges. Sign Transfers 150 Million Tokens to Binance, Equaling 11% of Circulating Tokens The transfer was interpreted by investors and market observers as potential selling pressure. Concerns about price volatility following such a large-scale transfer have drawn attention within the community. While the reason for the transfer has not yet been officially announced, some analysts believe it may be for liquidity provision, preparation for a stock market listing, or for project-internal fund management. There has been no official statement from the Sign team or Binance yet on the matter. Token holders expect the project to inform the public in accordance with its transparency principles. In crypto markets, such large transfers can often intensify selling pressure and put downward pressure on the price. Investors continue to monitor the developments closely. *This is not investment advice. Continue Reading: Popular Altcoin Project Sends 11% of Circulating Supply to Binance! Is a Sale Coming? Here Are the Details
Bitcoin’s $200K ambition hinges on how September sets up Q4.