18 Jul 2025, 14:50

Dave Portnoy’s XRP Exit: A Shocking Missed Opportunity in Crypto’s Wild Ride

BitcoinWorld Dave Portnoy’s XRP Exit: A Shocking Missed Opportunity in Crypto’s Wild Ride In the unpredictable world of digital assets, timing is everything. For many, the allure of quick gains and the fear of missing out (FOMO) drive investment decisions. But what happens when a high-profile figure, known for their bold takes and sometimes impulsive moves, makes a call that goes spectacularly awry? Enter Dave Portnoy , the charismatic founder of Barstool Sports, whose recent disclosure regarding his XRP holdings has sent ripples through the crypto community, serving as a potent reminder of the inherent crypto market volatility . Dave Portnoy’s Crypto Journey: A Tale of Hindsight Dave Portnoy has never shied away from the spotlight, nor from sharing his unfiltered opinions on everything from sports to stocks, and increasingly, cryptocurrencies. His foray into the digital asset space gained significant attention, often marked by a candid, sometimes tumultuous, approach. He famously declared himself ‘Davestradamus’ during previous crypto surges, only to later express frustration or exit positions when markets turned. This recent revelation about his XRP sale is another chapter in his evolving narrative within the crypto world. Watcher Guru reported via X that Portnoy confirmed he had offloaded his entire XRP stash just two weeks prior to a significant price explosion. Imagine the feeling: watching a token you just sold skyrocket by 18% in a single day, reaching a new all-time high of $3.66. For many investors, this scenario is a nightmare. For Portnoy, it’s a public, and undoubtedly painful, lesson in the often-unforgiving nature of the crypto markets. XRP’s Stunning Surge: What Fueled the Fire? The immediate question on everyone’s mind is: what triggered XRP’s impressive 18% rally, especially right after a notable figure like Portnoy exited? While specific catalysts can be complex and multi-faceted, several factors often contribute to such sudden price movements in the crypto space: Market Sentiment: Positive news or rumors surrounding a cryptocurrency, even if unconfirmed, can quickly shift market sentiment, leading to increased buying pressure. Technical Breakouts: For traders, hitting specific price levels or breaking through resistance points can trigger automated buying orders, accelerating upward momentum. Whale Activity: Large institutional or individual investors (often called ‘whales’) making significant purchases can dramatically impact a token’s price due to their sheer volume. Broader Market Trends: Sometimes, a token’s surge is part of a larger bullish trend across the entire cryptocurrency market, where capital flows into various altcoins. Project-Specific Developments: Updates on partnerships, technological advancements, or regulatory clarity (especially pertinent for XRP) can act as strong price drivers. In XRP’s case, its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) has long cast a shadow over its price. Any perceived positive development or hint of resolution in this lawsuit can lead to significant price pumps as investors anticipate regulatory clarity and wider adoption. While the specific trigger for this particular 18% surge isn’t detailed in the original snippet, it’s a testament to the token’s potential for explosive movements, often tied to external factors or shifting investor confidence. The Psychology of Cryptocurrency Investment: Learning from Portnoy Portnoy’s experience offers a valuable case study in the psychology of cryptocurrency investment . His public persona, often characterized by a ‘live by the sword, die by the sword’ mentality when it comes to trading, highlights several common pitfalls investors face: 1. The Temptation of Short-Term Gains: Many, like Portnoy in this instance, enter the market hoping for quick profits. However, chasing pumps and selling during dips can lead to significant losses or, as seen here, missed opportunities. True wealth in crypto is often built through conviction and patience. 2. Emotional Decision-Making: Fear and greed are powerful emotions that can cloud judgment. Selling out of frustration when a token underperforms, only to see it surge shortly after, is a classic example of allowing emotions to dictate investment choices rather than a well-thought-out strategy. 3. Lack of Conviction: While Portnoy is known for his conviction in other areas, his crypto investments have often seemed more speculative. A strong belief in a project’s long-term vision and technology can help investors weather short-term volatility. 4. The Influence of News and Social Media: In an age of instant information, reacting to every headline or tweet can be detrimental. Portnoy’s own platform, Barstool Sports , is a testament to the power of social media, and ironically, he himself fell victim to the quick reaction cycle that often characterizes crypto trading. Understanding these psychological biases is crucial for anyone navigating the volatile crypto landscape. It’s not just about what to buy, but when to buy, when to sell, and perhaps most importantly, when to do nothing at all. Navigating Crypto Market Volatility: Actionable Insights for Investors So, what can the average investor learn from Dave Portnoy’s XRP misstep and the broader phenomenon of crypto market volatility ? Here are some actionable insights: 1. Do Your Own Research (DYOR) Understand the Project: Don’t just buy because someone famous endorsed it. Research the token’s whitepaper, team, technology, use case, and community. Assess Risk: Understand the risks associated with the specific cryptocurrency, including regulatory challenges (like XRP’s SEC case) and market competition. 2. Develop a Strategy and Stick to It Set Clear Goals: Are you looking for short-term gains or long-term growth? Your goals should dictate your strategy. Risk Management: Never invest more than you can afford to lose. Consider dollar-cost averaging (DCA) to mitigate the impact of volatility. Entry and Exit Points: Have a plan for when you’ll buy and when you’ll sell, and try to stick to it, even when emotions run high. 3. Diversify Your Portfolio Don’t put all your eggs in one basket. Diversifying across different cryptocurrencies, and even traditional assets, can help reduce overall risk. 4. Embrace Patience Crypto markets can be incredibly unpredictable in the short term. Often, the greatest rewards go to those who can hold through the dips and resist the urge to panic sell. 5. Learn from Mistakes (Others’ and Your Own) Portnoy’s public misstep is a powerful reminder that even seasoned investors can make errors. Analyze such events, understand the underlying reasons, and incorporate those lessons into your own investment philosophy. The crypto market is a continuous learning curve. The Broader Implications: Celebrity Influence and Market Perception The story of Dave Portnoy and XRP also highlights the significant, albeit often fleeting, impact of celebrity influence on the crypto market. When figures with large followings, whether from Barstool Sports or other media platforms, discuss their investments, it can create buzz, attract new investors, and even move prices. However, this influence comes with a caveat: Lack of Due Diligence: Followers might invest based purely on endorsement, bypassing critical research. Pump and Dump Risks: While not the case here, some influencers are involved in schemes that artificially inflate prices for personal gain. Volatile Advice: Celebrities are not financial advisors, and their personal investment decisions, often made for their own risk tolerance and capital, may not be suitable for everyone. This incident underscores the need for individual investors to remain skeptical and base their decisions on fundamental analysis and personal financial goals, rather than following the crowd or the latest celebrity endorsement. Conclusion: A Stark Reminder of Crypto’s Double-Edged Sword Dave Portnoy’s recent experience with XRP is a powerful, albeit painful, illustration of the exhilarating highs and crushing lows inherent in the cryptocurrency investment landscape. It serves as a stark reminder that even well-known personalities are not immune to the market’s unpredictable swings. While XRP soared to new heights, Portnoy was left on the sidelines, having exited his position just before the surge. This incident is not just about one man’s trading decision; it’s a microcosm of the broader challenges and opportunities presented by crypto market volatility . For every story of a sudden windfall, there are countless tales of missed opportunities or significant losses. The key takeaway for investors is clear: understanding market dynamics, managing emotions, and adhering to a disciplined investment strategy are paramount. In a world where fortunes can be made or lost in the blink of an eye, patience, research, and a strong conviction in your chosen assets remain your most valuable tools. As the crypto market continues its exhilarating evolution, stories like Portnoy’s serve as enduring lessons for us all. To learn more about the latest crypto market trends, explore our article on key developments shaping cryptocurrency investment price action. This post Dave Portnoy’s XRP Exit: A Shocking Missed Opportunity in Crypto’s Wild Ride first appeared on BitcoinWorld and is written by Editorial Team

18 Jul 2025, 13:00

Historic Bitcoin Realized Cap Soars Past $1 Trillion: A Deep Dive into True Bitcoin Valuation

BitcoinWorld Historic Bitcoin Realized Cap Soars Past $1 Trillion: A Deep Dive into True Bitcoin Valuation A monumental shift is underway in the world of digital assets. For the first time ever, Glassnode , a leading on-chain analytics firm, has reported that Bitcoin’s realized capitalization has officially surpassed the staggering $1 trillion mark. This isn’t just a number; it’s a profound indicator of the growing conviction and capital flowing into the Bitcoin network, signaling a new era of maturity for the world’s premier cryptocurrency. What does this historic milestone truly signify for investors and the broader crypto market analysis ? Understanding Bitcoin’s Realized Cap: A Trillion-Dollar Foundation To fully grasp the significance of this achievement, it’s crucial to understand what Bitcoin’s realized cap actually represents. Unlike traditional market capitalization, which simply multiplies the current price by the total circulating supply, the realized cap offers a much more nuanced and arguably more accurate picture of the capital invested in Bitcoin. It works by valuing each Bitcoin at the price it was last moved on-chain. This means: It Filters Out Lost Coins: Bitcoins that haven’t moved in years (and are potentially lost) are valued at their last transaction price, which is often much lower than current market prices, preventing them from artificially inflating the market cap. It Reflects Investor Cost Basis: Essentially, it approximates the aggregate cost basis of all Bitcoin investors. When the realized cap goes up, it means more capital is flowing into the network at higher prices, or long-term holders who acquired Bitcoin at lower prices are now selling, and new investors are buying at higher prices. It Measures True Inflow: It provides a clearer measure of the actual capital that has entered the Bitcoin ecosystem, rather than being swayed by speculative price fluctuations that don’t necessarily reflect new money. This metric is a powerful tool for crypto market analysis because it cuts through the noise of short-term volatility. It tells us about the underlying conviction of the investor base and the aggregate value at which Bitcoins were acquired. The fact that it has crossed $1 trillion indicates an enormous amount of capital has been committed to Bitcoin at various price points, culminating in this significant aggregate value. The $1 Trillion Milestone: What Does it Mean for Bitcoin Valuation? The journey to a $1 trillion realized cap is a testament to Bitcoin’s resilience and growing adoption. Glassnode highlighted that approximately a quarter of this total was added in 2025 alone, underscoring a period of rapid and substantial capital inflow. This accelerated growth in realized capitalization has several profound implications for Bitcoin valuation and its future trajectory: Increased Investor Conviction: The higher the realized cap, the more capital has been locked into Bitcoin at higher price levels. This suggests a strong belief among investors in Bitcoin’s long-term value proposition, as they are willing to acquire and hold it even after significant price appreciation. Maturity as an Asset Class: Reaching such a high realized value solidifies Bitcoin’s position as a mature, trillion-dollar asset class. It moves beyond being a speculative novelty and enters the realm of established investment vehicles, attracting more institutional interest and broader mainstream acceptance. Foundation for Stability: While Bitcoin is known for its volatility, a rising realized cap can, over time, contribute to greater price stability. As more capital is invested at higher cost bases, the incentive for large-scale, panic-selling by early investors diminishes, creating a more robust foundation. Network Security and Health: A higher realized cap also indirectly reflects the health and security of the Bitcoin network. More invested capital means more participants, more miners, and a stronger, more resilient decentralized system. This milestone isn’t just about price; it’s about the collective belief and investment in the fundamental technology and economic principles that Bitcoin represents. Who is Driving This Unprecedented Bitcoin Network Growth? The surge past the $1 trillion mark in realized capitalization isn’t just a random occurrence; it’s the culmination of various forces driving Bitcoin network growth . Several key investor groups and trends have contributed significantly to this monumental achievement: Long-Term Holders (HODLers): These are the bedrock of Bitcoin’s stability. Investors who acquire Bitcoin and hold it for extended periods, often through multiple market cycles, contribute significantly to the realized cap. Their reluctance to sell at lower prices means their coins retain their higher ‘realized’ value, accumulating capital within the network. Institutional Adoption: The entry of major financial institutions, corporations, and even sovereign wealth funds has injected substantial capital into Bitcoin. These entities often acquire large sums and hold them for strategic reasons, adding significant weight to the realized cap. Their participation legitimizes Bitcoin further and encourages more traditional investors to consider it. Retail Investor Re-engagement: Periods of price appreciation and positive news often re-ignite interest among retail investors. While individual investments might be smaller, their collective impact is immense, especially when new participants enter the market at higher price points, increasing the aggregate realized value. Spot Bitcoin ETFs: The approval and launch of spot Bitcoin Exchange-Traded Funds (ETFs) in major markets have provided an accessible and regulated avenue for a vast pool of traditional capital to flow into Bitcoin. These ETFs buy actual Bitcoin to back their shares, directly contributing to the realized cap as new capital enters the market via these vehicles. This diverse influx of capital from various segments of the financial world underscores Bitcoin’s broadening appeal and its transition from a niche asset to a global financial phenomenon. The rapid accumulation of value, as highlighted by Glassnode, demonstrates the accelerating pace of this adoption. How Does Glassnode Data Illuminate Bitcoin’s Future? Glassnode data provides an invaluable lens through which to observe the underlying health and trends of the Bitcoin network. The realized cap is just one of many powerful on-chain metrics that analysts use to gain deeper insights than traditional market indicators can offer. For instance, alongside realized cap, Glassnode offers metrics like: MVRV Ratio (Market Value to Realized Value): This ratio compares Bitcoin’s market price to its realized price, helping identify periods where Bitcoin is overvalued or undervalued relative to its ‘true’ investor cost basis. SOPR (Spent Output Profit Ratio): This metric indicates whether coins being spent on-chain are, on average, being sold at a profit or a loss, offering insights into market sentiment and capitulation events. Long-Term Holder (LTH) and Short-Term Holder (STH) Supply: These metrics track the behavior of different investor cohorts, showing how much supply is held by conviction-driven long-term holders versus speculative short-term traders. By analyzing the realized cap in conjunction with these other on-chain indicators, investors can develop a more comprehensive understanding of market cycles, potential turning points, and the overall sentiment of the Bitcoin holder base. The $1 trillion realized cap, viewed through this analytical framework, suggests a robust foundation for future growth, provided broader market conditions remain favorable. Actionable Insights for Investors: Navigating the New Era of Bitcoin Valuation With Bitcoin’s realized cap now firmly in trillion-dollar territory, what does this mean for your investment strategy? Here are some actionable insights: Focus on Long-Term Trends: The realized cap emphasizes the importance of a long-term perspective. Short-term price swings might be volatile, but the steady increase in realized value points to a growing fundamental strength. Consider dollar-cost averaging to build your position over time. Utilize On-Chain Metrics: Don’t rely solely on price charts. Incorporate metrics like realized cap, MVRV, and SOPR into your research. Platforms like Glassnode offer detailed dashboards that can help you understand the underlying market dynamics and make more informed decisions. Understand Market Psychology: The realized cap can help gauge collective investor sentiment. A rapidly rising realized cap during a bull run indicates strong buying pressure and conviction. Conversely, a flat or declining realized cap during a price dip might suggest capitulation or a lack of new capital inflow. Diversify Wisely: While Bitcoin’s milestone is impressive, a balanced portfolio is always prudent. Consider how Bitcoin fits into your overall investment strategy alongside other assets, both traditional and digital. Stay Informed: The crypto space evolves rapidly. Keep abreast of macroeconomic factors, regulatory developments, and technological advancements that could impact Bitcoin’s trajectory. The $1 trillion realized cap isn’t just a historical footnote; it’s a living indicator of Bitcoin’s journey towards becoming a cornerstone of the global financial system. It underscores the importance of looking beyond mere price and delving into the fundamental capital flows that define its true market presence. Challenges and Nuances: A Balanced Perspective While the $1 trillion realized cap is a highly positive indicator, it’s important to approach any metric with a balanced perspective. No single data point tells the whole story, and there are nuances to consider: Lagging Indicator: Realized cap is, to some extent, a lagging indicator. It reflects past capital inflows and doesn’t necessarily predict immediate future price action. While it shows strong underlying support, it doesn’t prevent short-term corrections or volatility. Interpretation Complexity: While conceptually simple, the precise interpretation of realized cap requires understanding other market dynamics. For example, a significant portion of the realized cap might be held by very early investors whose cost basis is extremely low, meaning they could still take substantial profits even if the price drops significantly from current highs. Macroeconomic Headwinds: Bitcoin, despite its decentralized nature, is not immune to broader macroeconomic forces. Inflation, interest rate changes, geopolitical events, and global economic sentiment can all impact investor appetite for risk assets, including Bitcoin, regardless of its realized cap. Regulatory Uncertainty: The regulatory landscape for cryptocurrencies continues to evolve globally. Unfavorable regulations in major jurisdictions could impact investor confidence and capital flows, potentially affecting Bitcoin’s valuation and realized cap growth. Therefore, while the $1 trillion realized cap is a robust signal of Bitcoin’s growing strength and investor conviction, it should be considered within a broader analytical framework that includes both on-chain data and external market factors. A Compelling Summary: Bitcoin’s Ascendant Journey The crossing of the $1 trillion threshold for Bitcoin’s realized capitalization marks a truly historic moment in the digital asset landscape. It signifies far more than just a numerical achievement; it represents the collective conviction of millions of investors, the increasing maturity of Bitcoin as an asset class, and the undeniable flow of significant capital into its decentralized network. This milestone, meticulously tracked by Glassnode, offers a profound insight into the true capital foundation supporting Bitcoin, distinguishing it from fleeting speculative bubbles. It underscores Bitcoin’s robust Bitcoin valuation and its growing role as a formidable store of value and a beacon of Bitcoin network growth . As we move forward, this trillion-dollar foundation will undoubtedly serve as a critical benchmark, reinforcing Bitcoin’s position as a dominant force in the global financial ecosystem and providing valuable context for all future crypto market analysis . The journey continues, built on a foundation of increasing realized value and unwavering investor belief. To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Historic Bitcoin Realized Cap Soars Past $1 Trillion: A Deep Dive into True Bitcoin Valuation first appeared on BitcoinWorld and is written by Editorial Team

18 Jul 2025, 10:45

Exclusive: Binance Wallet Set to Host Pivotal ZKWASM TGE on July 22

BitcoinWorld Exclusive: Binance Wallet Set to Host Pivotal ZKWASM TGE on July 22 Are you ready for the next big leap in the crypto world? Mark your calendars! The highly anticipated Binance Wallet is gearing up to host its 31st exclusive Token Generation Event (TGE) for ZKWASM. This pivotal Crypto Event , announced via an X post by Binance, promises a unique opportunity for participants. It’s set to unfold on July 22, from 08:00 to 10:00 UTC, and participation hinges on possessing those coveted Binance Alpha Points . Understanding the Token Generation Event (TGE) Phenomenon For many in the cryptocurrency space, a Token Generation Event, or TGE, represents a critical moment in a project’s lifecycle. But what exactly is it, and why should you pay attention? What is a TGE? A TGE is essentially the official launch and distribution of a new cryptocurrency token to its initial holders. Unlike Initial Coin Offerings (ICOs) or Initial Exchange Offerings (IEOs), TGEs often signify a project reaching a mature stage, ready for public engagement and ecosystem participation. Why are TGEs Important? They are crucial for several reasons. For projects, it’s about decentralizing ownership, funding development, and building a community. For participants, it’s an early opportunity to acquire tokens that could potentially appreciate in value as the project grows and gains traction. Exclusivity Factor: Binance Wallet hosting an exclusive TGE means a curated selection process, often leading to higher quality projects and a more secure environment for participants. This exclusivity is a key differentiator. The Significance of ZKWASM TGE on Binance Wallet The choice of ZKWASM for Binance Wallet’s 31st exclusive TGE is a strong indicator of its perceived potential. While specific details about ZKWASM’s technology and use case are often unveiled closer to the event, its selection by Binance suggests it aligns with the exchange’s rigorous standards for innovation and utility within the blockchain ecosystem. Projects featured in such exclusive events often bring novel solutions, whether in scalability, privacy, or decentralized applications. Participants in the ZKWASM TGE are essentially getting an early look at a project that has passed Binance’s stringent vetting process. Historically, exclusive TGEs on major platforms like Binance have provided early access to tokens that later become significant players in the market. This creates an exciting prospect for those looking to diversify their portfolios with emerging, high-potential assets. Navigating Participation with Binance Alpha Points The requirement of Binance Alpha Points for participation adds an intriguing layer to this exclusive event. If you’re wondering how to get involved, understanding Alpha Points is your first step: Aspect Details What are Alpha Points? Alpha Points are a loyalty or engagement mechanism used by Binance, often tied to specific activities, platform usage, or participation in particular campaigns. They reward active users and can grant access to exclusive opportunities like this TGE. How to Earn Them? Earning Alpha Points typically involves engaging with various Binance products and services, participating in specific promotions, or fulfilling certain criteria outlined by the platform. Users should check their Binance account for details on current Alpha Point accumulation methods. Why are They Required? Requiring Alpha Points ensures that the TGE is accessible to dedicated and active members of the Binance community, rewarding their loyalty and engagement. It also helps manage demand and ensures a more controlled distribution process. Actionable Insight: If you’re keen to participate, verify your Alpha Point balance well in advance. If you’re short, explore any ongoing Binance campaigns that allow you to earn more before the July 22 deadline. Why This Crypto Event Matters to You For anyone deeply invested in the crypto ecosystem, this Crypto Event on Binance Wallet isn’t just another announcement; it’s a potential gateway to early adoption of a promising project. Here’s why it’s worth your attention: Early Access: Gain the opportunity to acquire ZKWASM tokens before they potentially become widely available, offering a chance for early price discovery. Binance’s Vetting: The fact that Binance is hosting this TGE lends significant credibility to the ZKWASM project, suggesting it meets high standards of security, innovation, and potential. Community Engagement: Participation strengthens your connection with the Binance ecosystem and opens doors to future exclusive opportunities tied to Alpha Points. Market Diversification: Adding a potentially high-growth asset like ZKWASM to your portfolio can be a strategic move for long-term growth and diversification. However, like all crypto ventures, it’s crucial to approach with due diligence. While Binance’s endorsement is significant, the crypto market remains volatile. Always conduct your own research into ZKWASM’s whitepaper, team, and technology to make an informed decision. Looking Ahead: The Impact of ZKWASM and Binance Wallet’s Role The success of the ZKWASM TGE on July 22 will not only be a milestone for the ZKWASM project but also further solidify Binance Wallet’s position as a premier platform for exclusive token launches. This ongoing commitment to fostering new projects through TGEs demonstrates Binance’s dedication to expanding the utility and reach of its ecosystem, providing its users with unique investment avenues. As the crypto landscape continues to evolve rapidly, events like these are vital. They introduce innovative technologies and protocols to a broader audience, fueling growth and adoption across the decentralized world. Keep an eye on official Binance channels for any last-minute updates or additional details regarding the event and ZKWASM’s roadmap. The upcoming ZKWASM Token Generation Event on July 22, hosted exclusively by Binance Wallet and accessible via Binance Alpha Points, represents a significant opportunity for active crypto participants. It underscores Binance’s role in bringing innovative projects to its community while rewarding user engagement. Ensure you have your Alpha Points ready and conduct your research to make the most of this pivotal moment in the crypto calendar. To learn more about the latest crypto market trends, explore our article on key developments shaping Binance ‘s role in institutional adoption. This post Exclusive: Binance Wallet Set to Host Pivotal ZKWASM TGE on July 22 first appeared on BitcoinWorld and is written by Editorial Team

18 Jul 2025, 10:00

Last Time this Indicator Flashed a Golden Cross, XRP Soared 630%

A notable chart pattern has reappeared for XRP, prompting renewed focus on a key technical indicator. Ali Martinez (@ali_charts), a widely followed analyst, recently posted a chart highlighting a significant development where the MVRV (Market Value to Realized Value) ratio for XRP has just crossed above its 200-day moving average. This crossover, known as a golden cross , previously led to a substantial price move in late 2024. According to Martinez, “the last time the MVRV ratio flashed a golden cross, XRP soared 630%.” The last time the MVRV ratio flashed a golden cross, $XRP soared 630%. That signal just appeared again. pic.twitter.com/hatA0Jfvt2 — Ali (@ali_charts) July 17, 2025 The historical breakout, as seen on the chart, coincided with a rapid price increase from around $0.55 in November to $3.39 in early January. With the same MVRV signal appearing again, speculation has intensified about the possibility of a similar rally. If XRP were to repeat the 630% gain from its current level, the price could climb toward $23.65 in the weeks ahead. MVRV Ratio and Market Psychology The MVRV ratio is often used to assess the profitability of holders and identify potential reversal points. When this ratio moves above its long-term moving average, it may signal a transition from undervaluation to overvaluation, especially in markets driven by strong sentiment. The chart posted by Martinez shows that the MVRV ratio has just broken above the 200-day moving average. While this does not guarantee a repeat of that performance, the technical setup is compelling. The previous golden cross marked the beginning of a steep ascent, and many traders now see this crossover as a potential early indicator of a new bullish phase for XRP. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Is XRP About to Go On a Historic Rally? The timing of this crossover is particularly notable. XRP has already shown signs of renewed momentum, breaking above key resistance levels over the past few days, and experts believe it has entered an ultra-bullish region . This recent breakout aligns with increased volume, bullish sentiment, and the broader rally in altcoins. The combination of a rising MVRV ratio and strong price action suggests there may be further upside ahead. XRP may be on the verge of a historic move, and if it hits $23.65, many XRP holders will be rich enough to retire . 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 Last Time this Indicator Flashed a Golden Cross, XRP Soared 630% appeared first on Times Tabloid .

18 Jul 2025, 08:49

Altcoin Strategic Reserve: How BNB and Other Altcoins Are Transforming Corporate Crypto Holdings

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18 Jul 2025, 08:33

Analyst Predicts 27% XRP Market Dominance if These Key Formations Confirm

The XRP community has long awaited a decisive shift in the token’s market presence, and new analysis from respected crypto chartist EGRAG CRYPTO (@egragcrypto) suggests the moment of truth may be approaching. In a detailed post shared on X, the analyst outlined a compelling technical case for XRP Dominance, pointing to two high-probability continuation patterns that have now come into play on the monthly timeframe. The chart, which overlays historical XRP Dominance data with key trendlines and Fibonacci levels, identifies a breakout from a large falling wedge pattern and the formation of a bullish rectangle. These patterns are known for their tendency to precede sharp upward moves, and both are now converging on a potential breakout scenario that could see XRP Dominance surge well above its current levels. XRP Dominance has shown notable strength in 2025, and EGRAG CRYPTO has high expectations. The analyst highlighted a 10% dominance threshold as a crucial level for XRP. Failure to close above this level would signify that XRP has underperformed in the current market cycle. #XRP Dominance – The 'Sky Dome' (27%) – Falling Wedge and Bullish Rectangle: Let me make this straightforward: If #XRP 's dominance does not close above 10%, I will consider that #XRP did not perform this cycle. This isn't just my opinion; it's based on the current formations.… https://t.co/iSQQXyIOlK pic.twitter.com/Qo9xf6FMbs — EGRAG CRYPTO (@egragcrypto) July 16, 2025 Measured Targets and Technical Projections The falling wedge pattern, which has already broken to the upside, carries a measured target of 18%. This breakout suggests that XRP is beginning to reclaim market share against other cryptocurrencies. However, it is the bullish rectangle formation that offers the more ambitious projection. Should this pattern confirm, XRP Dominance could rise as high as 27%, reaching levels not seen since earlier market peaks. With a total crypto market cap of approximately $3.8 trillion, if XRP reaches a market dominance of 27%, its total market cap would be about $1.026 trillion. Given the current circulating supply of approximately 59.13 billion XRP, this would translate to a $17.35 XRP price, a level the analyst recently predicted that XRP can surpass . We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP’s Path to 27% Dominance Historical support levels form the base of what EGRAG CRYPTO calls the “Sky Dome,” a range XRP must remain above to confirm long-term strength. This downward trendline capped XRP’s price throughout its history, but the breakout in late 2024 helped the asset rise above the resistance, and it is now building toward another major climb. Fibonacci levels highlight strong support between 4% and 6% dominance, which XRP is currently testing. Holding this zone could open the path toward 10% and potentially 27% dominance. While the chart signals potential, XRP must sustain momentum to confirm this bullish setup. 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 Analyst Predicts 27% XRP Market Dominance if These Key Formations Confirm appeared first on Times Tabloid .