President Trump has ordered the Department of Government Efficiency (DOGE) to review federal subsidies awarded to Elon Musk’s companies, notably impacting Tesla and SpaceX. This unprecedented scrutiny introduces financial uncertainty
BitcoinWorld Bitcoin’s Momentum Challenge: Why the Epic BTC Rally Faces Profit-Taking Pressures The cryptocurrency world has been buzzing with excitement as Bitcoin (BTC) embarked on a remarkable three-month rally, captivating investors and analysts alike. After a challenging period, the king of cryptocurrencies surged an impressive 41% from its April low, pushing its Bitcoin price well above the $107,000 mark. This incredible ascent fueled optimism, leading many to anticipate a continued parabolic rise. However, as with any dynamic market, the tides can turn, and recent signals suggest a potential shift in momentum. Is this merely a pause, or are we witnessing a more significant change in Bitcoin’s trajectory? Understanding the Current Bitcoin Price Action: A Shift in Dynamics? For weeks, the narrative surrounding Bitcoin was one of relentless ascent. Every dip was met with strong buying interest, propelling the Bitcoin price higher and higher. This robust performance cemented its position as a leading indicator for the broader crypto market. Yet, recent observations from prominent analysts, including those at Bitfinex, indicate a subtle but crucial change in market dynamics. The once-unwavering buying pressure appears to be weakening, giving way to an increase in selling activity, particularly from a specific segment of holders. This isn’t necessarily a cause for panic, but rather an invitation for careful consideration. Markets rarely move in a straight line forever. Periods of rapid appreciation are often followed by phases of consolidation or even correction. The current sentiment suggests we might be entering one such phase, where the market digests its recent gains and re-evaluates its direction. Why is the BTC Rally Losing Steam? The Role of Profit-Taking One of the primary drivers behind the perceived loss of momentum in the BTC rally is the noticeable increase in profit-taking . While a healthy part of any market cycle, its intensity and source can offer valuable insights. Analysts point to short-term holders, those who entered the market when Bitcoin was trading below the $80,000 level, as key contributors to this selling pressure. Having witnessed substantial gains, these investors are now cashing out, securing their profits. Consider the following dynamics contributing to this trend: Short-Term Holder Behavior: These investors are typically more reactive to price movements, aiming to capitalize on quick gains. Once their target profit margins are met, they are more likely to sell. Market Psychology: After a significant run-up, there’s a natural inclination for some participants to lock in gains, especially if they anticipate a potential pullback or simply wish to de-risk. Lack of New Catalysts: While the rally was strong, a lack of immediate, powerful new catalysts might lead existing holders to believe the immediate upside is limited, prompting them to sell. This behavior, while understandable from an individual investment perspective, collectively creates selling pressure that can slow or even reverse a rally. The Critical Role of Crypto Market Analysis in Spotting Trends How do experts like those at Bitfinex identify these shifts? It boils down to meticulous crypto market analysis , which involves scrutinizing various on-chain and off-chain metrics. It’s not just about looking at the price chart; it’s about understanding the underlying forces of supply and demand, investor sentiment, and liquidity. Key indicators that signal a potential shift include: Spot Trading Volume: A decline in spot trading volume often suggests reduced conviction among buyers and sellers. When volume drops during an uptrend, it can indicate that fewer new participants are entering the market to sustain the rally. Conversely, a high volume during a price drop can signal strong selling pressure. Taker Buy Pressure: This metric reflects the aggressive buying activity in the market. Taker buys are market orders that immediately execute against existing limit orders. A diminishing taker buy pressure indicates that buyers are becoming less aggressive in their purchases, or there simply aren’t enough new buyers willing to ‘take’ the available sell orders at current prices. Funding Rates and Open Interest: While not explicitly mentioned in the original snippet, these derivatives market metrics are also crucial. Negative or declining funding rates in perpetual futures, coupled with decreasing open interest, can signal a bearish sentiment or reduced speculative interest. By observing these and other metrics, analysts can paint a clearer picture of the market’s health and anticipate potential turning points, helping investors make more informed decisions. Navigating Increased Profit-Taking: What Does it Mean for Investors? The rise in profit-taking , particularly from short-term holders, is a natural part of the market cycle. It suggests that a significant portion of the recent gains has been realized. For investors, this means the market might be entering a phase of consolidation. What does consolidation entail? Consolidation is a period where the asset’s price trades within a relatively narrow range, often after a significant upward or downward move. It’s a time for the market to ‘catch its breath,’ absorb new information, and for supply and demand to find a new equilibrium. This can be a healthy development for long-term sustainability, as it helps to shake out weaker hands and build a stronger foundation for future growth. During consolidation, investors might observe: Reduced volatility compared to the preceding rally. Price bouncing between clear support and resistance levels. A period of uncertainty, as the market awaits new catalysts or a clear breakout direction. For those looking to enter the market or add to their positions, a consolidation phase can present opportunities to buy at more stable price points, rather than chasing a rapidly rising asset. What Declining Trading Volume Tells Us About Market Health The decline in trading volume is a significant indicator that should not be overlooked. Volume is often considered the ‘fuel’ of price movements. A strong rally typically sees increasing volume, indicating broad participation and conviction. When volume starts to wane during an uptrend, it suggests that fewer participants are willing to buy at higher prices, and the existing rally is being sustained by a smaller pool of committed buyers. Here’s a simple analogy: Imagine a car climbing a hill. If the engine starts to sputter and consume less fuel, it’s a sign that the ascent might be slowing down or even reversing. Similarly, declining volume in an uptrend can signal that the underlying buying power is diminishing. This makes the price action less reliable and more susceptible to sudden reversals or corrections. Conversely, if a price drop occurs on high volume, it signals strong selling conviction. If a price drop occurs on low volume, it might indicate a temporary pullback rather than a strong bearish reversal. In the current scenario, the declining volume accompanying the weakening rally suggests a decrease in overall market participation and enthusiasm at these higher price levels. Actionable Insights for Investors in a Shifting Market So, what should investors do when the BTC rally shows signs of fatigue and profit-taking becomes prevalent? Here are some actionable insights: Re-evaluate Your Strategy: If you’re a short-term trader, this might be a time to consider securing some profits or adjusting stop-loss orders. For long-term holders (HODLers), consolidation can be a test of conviction, but also an opportunity to accumulate more Bitcoin if you believe in its long-term potential. Focus on Key Support Levels: Identify crucial price levels where strong buying interest has historically emerged. These can act as potential floors if the price continues to decline. For example, the $80,000 level, where many short-term holders bought in, could become a significant psychological and technical support level if the market pulls back further. Diversify (Carefully): While Bitcoin remains dominant, consider if your portfolio is overly concentrated. However, avoid panic-selling into other assets without thorough research. Stay Informed: Continue to follow reliable crypto market analysis from reputable sources. Understanding macro-economic trends, regulatory news, and on-chain data will be crucial. Practice Risk Management: Never invest more than you can afford to lose. Use stop-loss orders, manage your position sizes, and have a clear exit strategy. Patience is Key: Markets move in cycles. A consolidation phase can be frustrating, but it’s a natural part of healthy growth. Impulsive decisions often lead to losses. The Road Ahead: Consolidation or Correction? The current signals suggest that Bitcoin is likely entering a consolidation phase rather than immediately resuming its sharp upward trajectory. This period of sideways movement can be beneficial, allowing the market to build a stronger base before its next significant move. However, there’s always the possibility that increased profit-taking and sustained low trading volume could lead to a deeper correction. The key will be to watch how demand responds at critical support levels. If buying interest returns strongly at these levels, it could confirm a healthy consolidation. If these levels break, it might signal a more pronounced pullback. Ultimately, the market is a complex interplay of human psychology, economic factors, and technological developments. Conclusion: Navigating Bitcoin’s Evolving Landscape Bitcoin’s recent rally has been nothing short of spectacular, but the emerging signs of weakening momentum and rising profit-taking warrant attention. As trading volume declines and buyer enthusiasm wanes, the market appears to be transitioning into a consolidation phase. This shift, highlighted by astute crypto market analysis , is a natural part of market cycles, offering a chance for the Bitcoin price to stabilize and gather strength for its next move. For investors, understanding these dynamics and adopting a patient, informed approach will be crucial to navigating the evolving landscape of the BTC rally . While the immediate future might involve less dramatic upward movements, the long-term narrative for Bitcoin remains compelling for many, predicated on its fundamental strengths and growing adoption. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Bitcoin’s Momentum Challenge: Why the Epic BTC Rally Faces Profit-Taking Pressures first appeared on BitcoinWorld and is written by Editorial Team
Solana could be reaching new heights soon, driven by a potential breakthrough. The anticipated ETF launch might unlock opportunities within the DeFi space. Explore how this development could accelerate Solana and other cryptocurrencies. Delve into the coming surge and discover which digital coins are poised for growth. Solana Price Range Dynamics: Bulls and Bears in a Tight Battle Solana experienced a 1.72% drop in the past month and a more significant 20.71% decline over the last six months. The weekly change of 6.40% indicates some short-term recovery amid a longer-term downtrend. Price action has been volatile, with periods of consolidation following sharp moves. Recent performance highlights the coin’s mixed dynamics, showing resilience during brief rallies while facing consistent bearish pressure over a prolonged period. The current price is trading between $131 and $173. Immediate resistance is noted at $191.77, with a second barrier around $233.73, while support is identified at approximately $107.87 and a lower level near $65.93. The market shows a struggle between bulls and bears. The RSI of 53.99 indicates a balance, but the Awesome Oscillator reading of -0.60 reveals bearish sentiment. The Momentum Indicator at 18.41 suggests some upward energy. Traders may consider buying at support levels or watching for a breakout above $191.77 for further buying interest. A dip below support could prompt short-term selling, creating a range-bound setup that requires careful positioning until trends clarify. Jupiter: Price Dynamics Amid Altcoin Season Prospects Jupiter prices saw a mixed journey over the last month and half-year. Over one week, prices spiked 12.07% before pulling back with a 13.68% drop in the past month. The half-year trend shows a more challenging picture with a 46.77% decline. The coin hovered within a price range of $0.34 to $0.57, reflecting substantial fluctuations. This behavior underscores the volatile nature of emerging altcoins, with rapid movements in both directions over short periods and extended intervals. Current price observations reveal distinct support and resistance levels that shape trading opportunities. The coin finds support near $0.21 and encounters resistance at $0.69, with a second resistance level around $0.92. The price range between $0.34 and $0.57 offers a tactical window for short-term trades, where buying near support and selling within the resistance zone remains viable. Indicator readings show slightly negative momentum and a modest RSI at 53. Market sentiment leans toward caution, as bears have influenced recent trends, though a clear direction is not yet established. Traders could consider accumulating during dips and testing resistance levels. Conclusion The upcoming ETF could be a game-changer for SOL and JUP . It might drive significant interest and investment. SOL has shown strong upward momentum, and the ETF launch could push it to new highs. JUP also stands to benefit from increased exposure. Both coins could see significant growth, opening up new opportunities in the crypto sphere. The future looks promising for these assets. 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.
The U.S. Senate’s recent passage of President Trump’s massive reconciliation bill marked a pivotal moment, yet crucial crypto tax amendments aimed at benefiting miners, stakers, and retail users were ultimately
XRP remains confined within a narrow trading range between $2 and $2.35, with market participants closely watching for a breakout potentially fueled by ETF approval speculation. The increasing likelihood of
Crypto asset manager Bitwise believes Bitcoin ( BTC ) remains on track to hit its price target in 2025. In a new report, Bitwise executives Matt Hougan and Ryan Rasmussen double down on their prediction that Bitcoin will hit $200,000 within six months, a more than 88% increase from its current value. “It’s been a mixed year for crypto asset prices… We’re optimistic, however, that things are setting up for a very strong H2 (second half of the year). Progress in D.C. around crypto legislation, rising demand from institutional investors for crypto exposure and extreme bullishness around stablecoins are combining to create a strong environment for gains. The bottom line: we’re holding firm to our BTC $200,000 prediction, as there is simply too much institutional demand for BTC to keep prices flat for long.” The investors also say that there are bullish catalysts that may spark explosive rallies for Ethereum ( ETH ) and Solana ( SOL ) in the second half of 2025. However, they are unsure if ETH and SOL can hit fresh all-time highs. “We’re less confident on ETH and SOL, but hope that rising interest in stablecoins, ETF (exchange-traded fund) approvals and the emergence of ETH and SOL treasury companies can drive prices substantially higher.” Bitcoin is trading for $105,996 at time of writing, down 1.5% in the last 24 hours. Meanwhile, ETH is trading for $2,423 at time of writing, down 2% on the day, and SOL is trading $147 at time of writing, down 6.8% in the last 24 hours. The analysts also believe that top US crypto exchange Coinbase will eventually trade for $700 per share and surpass Charles Schwab’s total value, but that it’s unlikely to occur this year. “COIN’s stock has done well, doubling Schwab’s market return (44% against 22% for the old-school brokerage)… Schwab’s stock has done a bit better than we expected. As a result, the gap between Coinbase’s value ($90 billion) and Schwab’s value ($164 billion) is probably too wide to cross by year-end.” COIN is trading for $337 at time of writing. Lastly, the executives are also staying committed to their prediction that the market cap of tokenized real-world assets (RWAs) will surpass $50 billion this year. “Tokenized RWAs were a $13 billion market at the start of 2025. Today, they’re at roughly $25 billion. We think adoption here will accelerate in H2.” 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: DALLE3 The post Bitwise Doubles Down on $200,000 Bitcoin Price Target, Reveals Predictions for Ethereum Solana, Coinbase and More appeared first on The Daily Hodl .
Key Takeaways: Zhongtai Financial International Chief Economist Li Xunlei argues China should pursue a yuan-pegged stablecoin strategy to counter U.S. dollar dominance. Li recommends pilot programs in free trade zones and Belt and Road countries, with legal and regulatory frameworks in place. He urges the People’s Bank of China to apply unified regulatory principles and consider broader capital market reforms. A stablecoin strategy is necessary for the Chinese yuan to increase its international influence and counter the dollar’s overrepresentation in global finance, according to an article published by Zhongtai Financial International Chief Economist Li Xunlei on July 1. Li writes that the dollar’s dominance is partly sustained by its extensive role in stablecoin issuance. Over 80% of the world’s stablecoins are pegged to the U.S. dollar, which he says contributes to excessive dollar liquidity. By contrast, the yuan remains underrepresented in cross-border payments, trade finance, and reserves. Li Calls for CNY Stablecoin Strategy The Chinese yuan’s market exchange rate is undervalued compared to the country’s purchasing power parity (PPP), Li states in the piece. “This undervaluation is mainly due to the renminbi’s insufficient global liquidity, which results in an elevated liquidity premium,” said Li. He notes that while other jurisdictions are advancing regulatory frameworks for stablecoins, citing recent developments in the U.S. and Hong Kong , China has yet to introduce formal legislation. The U.S. Senate has passed the GENIUS Act in a 68–30 vote, marking the first major digital asset legislation and drawing praise from industry leaders. #regulation #stablecoins https://t.co/OSjotzTnUa — Cryptonews.com (@cryptonews) June 18, 2025 He recommends pilot programs in free trade zones and Belt and Road markets, backed by clear rules on reserve management and legal definitions. According to Li, the People’s Bank of China (PBOC) should explore issuing yuan-pegged stablecoins under a regulatory framework aligned with the principle of “same activity, same risk, same regulation.” He says such a move would expand the yuan’s cross-border use in settlements, financing, and digital payments without undermining monetary control. “The core function of stablecoins is not to replace fiat, but to provide a digital, efficient cross-border form of fiat circulation, enhancing the liquidity of the pegged currency and its global status,” he writes. Yuan’s Path to Internationalization Li also recommends broader steps to support the yuan’s internationalization, including increasing capital account openness and adjusting China’s foreign reserve structure. He concludes that without such measures, the gap between the yuan’s economic weight and its international usage will persist, leaving China at a disadvantage in shaping the future of global currency systems. The yuan’s absence in stablecoin markets limits its role in digital finance. Without a compliant, widely used digital form, the currency cannot easily scale in cross-border payments or compete with dollar-backed tokens. Regulation will determine how stablecoins evolve. If China delays action, others will set the standards. A clear framework for yuan-denominated stablecoins would let China shape digital payment flows and reduce reliance on dollar-based systems. The post Dollar-Pegged Tokens Beat Yuan 80:1 – Can China’s Stablecoin Strategy Close Gap? appeared first on Cryptonews .
Ethereum and XRP have long dominated headlines—but in today’s shifting market landscape, capital is beginning to flow differently. As traders seek fresh opportunities beyond the familiar blue-chip names, one project is catching smart investors’ attention beneath the surface: MAGACOIN FINANCE. Why MAGACOIN FINANCE Is Gaining Traction Beneath the Surface In contrast to the stalemate among major altcoins, MAGACOIN FINANCE is quietly building what some analysts are calling one of the sharpest setups of the year. Without relying on speculative hype, the project has engineered a presale phase that’s drawing attention for its structured rollout, strong smart contract audit, and scarcity-based tokenomics. This isn’t about trends or timing—it’s about positioning. Each step of MAGACOIN FINANCE’s release has created tighter entry windows. Prior phases filled rapidly, and the current bonus offer is generating urgency among those who understand the rare combination of early access and future upside. While others wait for headlines to shift in Ethereum or XRP’s favor, capital is already rotating. MAGACOIN FINANCE is being treated less like a speculative flyer and more like a calculated move by those who’ve seen how early-stage positioning can lead to exponential returns. Ethereum ETF Inflows Don’t Guarantee Near-Term Growth Ethereum remains a pillar of institutional crypto interest. With spot ETF inflows climbing and staking participation reducing circulating supply, many believe a long-term price breakout is inevitable. On-chain data also shows a steady rise in wallet creation and whale accumulation—clear signals that confidence is building. However, near-term performance remains muted. Rejections from key resistance zones and outflows related to major options expiries have introduced a neutral-to-bearish tone in the short term. This tug-of-war between bullish fundamentals and cautious technicals is leaving many Ethereum holders on the sidelines, waiting for momentum to return. XRP Holds Ground, But Breakout Still Pending XRP is showing signs of technical stability, holding firm above its critical support range. Futures volume has surged, and sentiment among derivatives traders is leaning bullish as funding rates rise and open interest climbs. The asset has also gained credibility following regulatory developments, including a major ETF approval in Canada and continued settlement progress with the SEC. But while institutional attention is growing, the asset remains range-bound—building pressure without yet releasing it. For traders seeking clear directional conviction and immediate upside, XRP may feel like a waiting game. Conclusion Ethereum and XRP continue to hold long-term potential, but for traders chasing near-term ROI and first-mover advantage, the rotation is already happening. MAGACOIN FINANCE isn’t asking for attention—it’s earning it. With a disciplined launch structure, growing market traction, and a promo code that could double early allocations, this project is quietly turning heads while others stagnate. Investors looking for asymmetric opportunity in a market full of noise may find that MAGACOIN FINANCE offers the clearest signal yet. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Exclusive Access: https://magacoinfinance.com/entry Continue Reading: Is MAGACOIN FINANCE Quietly Gaining Strength While XRP and Ethereum Traders Look Elsewhere for ROI?
FRISCO, TX, United States of America, July 1st, 2025, Chainwire In a significant move towards advancing its cryptocurrency engagements, GameSquare Holdings, Inc. has unveiled a new partnership with Dialectic to develop an Ethereum-native treasury strategy. This collaboration aims to leverage Dialectic's sophisticated risk-controlled compounding infrastructure to maximize returns. Introduction of a Robust Ethereum Yield Strategy The newly launched Ethereum-centric yield strategy by GameSquare is designed to achieve high-yield returns surpassing current staking benchmarks significantly. This strategy employs advanced machine learning models and automated enhancements to optimize performance while adhering to stringent multi-layered risk controls. The initiative is expected to enable further investment into the Ethereum ecosystem, potentially broadening the company's asset base to include stablecoins and non-fungible tokens (NFTs). Strategic Enhancements to the Advisory Committee Furthering its strategic development, GameSquare has welcomed Ryan Zurrer, founder of Dialectic AG, and Rhydon Lee from Goff Capital to its advisory committee. Zurrer, a renowned figure in the crypto space, brings a wealth of experience from his tenure at entities like Polychain Capital and the Web3 Foundation. Lee contributes deep insights from his extensive background in capital markets and strategic investments, particularly in digital assets. "The addition of Ryan and Rhydon to our team not only enriches our expertise but distinctly positions us to realize innovative crypto-native treasury management strategies," commented Justin Kenna, CEO of GameSquare. Broadening the Corporate Vision with Strategic Crypto Focus The expansion into crypto-related activities represents a natural progression for GameSquare, aligning with its foundational operations in tech, media, and IP growth. This strategic direction is well-supported by enhanced legislative frameworks surrounding stablecoins , DeFi protocols , and digital asset market structure . About GameSquare Holdings, Inc. At the heart of youth culture, GameSquare connects brands with Gen Z, Gen Alpha, and Millennials through its innovative media, entertainment, and technology solutions. The company leverages its extensive network to provide compelling digital experiences and optimize ROI for brands. Learn more about GameSquare at www.gamesquare.com . Forward-Looking Information This news release includes forward-looking statements intended to provide insights into future events or performance. Factors such as company growth, future profitability, and the successful implementation of business plans are subject to risks that may cause actual outcomes to differ materially. Corporate Contact Email: ir@gamesquare.com Investor Relations: Phone: (216) 464-6400Email: ir@gamesquare.com Contact for Media Relations Chelsey Northern / The UntoldGameSquare Holdings, Inc.Phone: (254) 855-4028Email: pr@gamesquare.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
A major ripple just hit the XRP market, and it’s coming from one of the most aggressive traders on Hyperliquid. According to a post by crypto analyst Xaif on X, a whale identified by wallet address 0x9d8c has opened a massive $1.10 million long position on XRP with 20x leverage for $2.2112. This bold bet has stirred renewed interest and speculation about XRP’s next big move. A Whale-Sized Bet at a Pivotal Moment The leveraged position, executed on Hyperliquid, a rising decentralized perpetuals exchange, shows remarkable conviction. At 20x leverage, even a 5% swing in XRP’s price could yield either outsized profits or painful losses. The trader’s decision to go long at $2.2112 signals a strong belief in XRP’s short-term upside potential, especially as the market remains highly sensitive to whale behavior and macro-level news. Notably, this is not the first time Hyperliquid whales have made headlines. In May, a similar high-profile trader exited XRP and Ethereum longs for a combined profit of around $7.5 million, while maintaining a position in Solana. This pattern, booking profits and re-entering on perceived dips, underscores a sophisticated trading strategy driven by both on-chain analytics and market sentiment. Whale Alert: Hyperliquid whale 0x9d8c just went LONG on $XRP with 20x leverage at $2.2112, stacking a massive $1.10M position! Big bets = Big confidence. Are you ready for the next XRP wave? pic.twitter.com/DAgyARdGj3 — 𝕏aif | (@Xaif_Crypto) July 1, 2025 Why XRP, and Why Now? The timing of this position suggests a calculated move. XRP recently showed resilience, trading between $2.10 and $2.30 while outperforming several large-cap cryptos. Just weeks ago, whales accumulated over $782 million worth of XRP , leading to a short-lived rally past $2.60. The latest long from wallet 0x9d8c may be a bid to front-run the next leg up. Technically, XRP has been testing critical resistance levels. The $2.20–$2.30 range has become a battleground zone, and a clean breakout could trigger a flood of momentum trades. The whale’s position size hints at an expectation that such a breakout is imminent. Risk and Market Watch Still, the risk can’t be ignored. With leverage comes liquidation risk. A drop below $2.10 could pressure this position, especially if the market turns risk-off. However, whales like 0x9d8c typically act on deep insight, tracking funding rates, order book depth, and institutional flows. These traders often anticipate market movements before retail catches on. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 This trade also comes at a time when institutional interest in XRP is growing. Rumors of a potential XRP spot ETF , combined with Ripple’s expanding regulatory clarity and global partnerships, have added fuel to the long-term bullish narrative. While speculative, this context strengthens the rationale behind the whale’s bold move. What to Expect Next If XRP pushes above $2.30 with volume, this whale could be vindicated quickly. On the other hand, weakness below $2.10 might trigger stop-loss cascades or forced liquidations, further increasing volatility. Either way, traders are watching closely because when whales move, markets listen. Xaif’s alert has effectively turned this single trade into a sentiment indicator for the entire XRP ecosystem. And if history is any guide, this may just be the spark before the next XRP wave. 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 Hyperliquid Whale Just Went Long on XRP. Here’s the Latest appeared first on Times Tabloid .