News
16 Apr 2026, 07:07
Bitcoin is testing a level that capped its rally in January, CryptoQuant says

Macro-driven ETF inflows have lifted prices, but CryptoQuant data signals large holders are positioning to sell near a key breakeven zone
16 Apr 2026, 07:03
XRP surges past $1.40 as Ripple deal sparks fresh investor demand

Ripple (XRP) is the best performer among the top 10 cryptocurrencies by market cap, up nearly 4% in the last 24 hours. The rally over the last few hours has allowed XRP to top the $1.40 resistance level. The positive performance comes as persistent inflows into XRP spot ETFs reflect renewed investor confidence, supporting the remittance token’s current consolidation. Ripple partners with Kyobo Life Insurance The primary catalyst behind XRP’s bullish performance is the partnership between Ripple and Kyobo Life Insurance, bringing Korea’s bond settlement on-chain. According to Ripple, the partnership will enable tokenized government bond transactions within a regulated institutional environment. The partnership leverages Ripple Custody, the core pillar for holding, transferring, and settling tokenized assets, as the country seeks to replace the fragmented, manual bond settlement process with a trustless on-chain infrastructure. Ripple noted that its blockchain solutions could serve as a foundational layer for Korea to build broader capabilities across payments, liquidity, and treasury management. The new system will shorten bond settlement cycles from the current two-day timeline to near-real-time execution. As a result, the new process could reduce counterparty risk and improve efficiency. In addition to this, XRP is also experiencing renewed institutional interest as US-listed spot Exchange-Traded Funds (ETFs) attract inflows. CoinGlass ETF data show that XRP spot ETFs attracted roughly $17.6 million in inflows on Wednesday, up from the $11.20 million recorded the previous day, and $1.46 million on Monday. Thanks to this latest data, cumulative inflows now stand at $1.25 billion, with net assets under management averaging $992 million. If the risk-on sentiment holds and continues to draw investor interest, XRP could gain momentum, driving the price towards the $1.50 psychological level. Technical outlook: XRP eyes further gains The XRP/USD 4-hour chart remains bearish as XRP is hovering above the $1.40 resistance level. However, it is still trading below the 100-day and 200-day Exponential Moving Averages (EMAs). The momentum indicators suggest that the bulls are now regaining control of the market. The Relative Strength Index (RSI) hovers at 68 on the 4-hour chart, and the Moving Average Convergence Divergence (MACD) indicator is marginally positive, hinting at a potential rally rather than a mild stabilization in momentum. If the bullish trend persists and the daily candle closes above the 50-day EMA at $1.40, it could pave the way for further upward movement. A sustained break above this confluence would allow XRP to rally towards the 4-hour Fibonacci retracement at $1.46 and then the 100-day EMA near $1.55. The next major resistance will be the 200-day EMA at $1.80, marking a distant hurdle for any larger recovery attempt. However, if the market undergoes a correction and the bears regain control, initial support would be encountered at the 38.2% Fibonacci retracement near $1.33, ahead of the trendline support area around $1.30. The post XRP surges past $1.40 as Ripple deal sparks fresh investor demand appeared first on Invezz
16 Apr 2026, 07:00
XRP, Solana Holders Deeper In The Red Compared To Bitcoin, Data shows

On-chain data shows altcoins like XRP and Solana are observing a higher amount of investor loss relative to their market caps than Bitcoin. XRP & Solana Are Observing A High Value On The Relative Unrealized Loss In a new post on X, on-chain analytics firm Glassnode has talked about how the Relative Unrealized Loss compares between the various top coins in the cryptocurrency sector. The “ Unrealized Loss ” is an indicator that keeps track of the total amount of loss that’s held by investors as a whole on a given digital asset network. The metric works by going through the transaction history of each coin on the blockchain to determine the last price at which it was involved in a move. If this previous transfer value was more than the current spot price for any token, then that particular token is considered to be held at an unrealized loss right now. The exact amount of loss held by the coin is naturally equal to the difference between the two prices. The Relative Unrealized Loss, which is the version of the metric that’s of relevance here, sums up this difference for all loss tokens and finds what percentage of the market cap that it makes up for. A counterpart metric called the Relative Unrealized Profit finds the same for the profit portion of the supply. That is, the tokens that have a cost basis lower than the current spot price. Now, here is the chart shared by Glassnode that shows the trend in the Relative Unrealized Loss for the four top cryptocurrencies: Bitcoin, Ethereum, XRP, and Solana. As is visible in the above graph, the Relative Unrealized Loss has witnessed a rise across the sector during the last few months. This increase is a natural consequence of the bearish price action that the various assets have seen in this window. While the trend has been more-or-less uniform, the indicator’s value has differed in scale for the coins. Bitcoin and Ethereum, the two cryptocurrencies largest by market cap, have the metric sitting at relatively modest levels of 11.9% and 16.6%, respectively. Meanwhile, XRP and Solana have faced much heavier losses, with the Relative Unrealized Loss at 31.8% and 54.8%, respectively. “The elevated loss levels in altcoins reflect how heavy the top is in these markets, where supply is more concentrated among buyers who entered near cycle highs,” explained the analytics firm. While the altcoins are facing high levels of losses, they are still lower than those observed at the lows of the 2022 bear market. XRP isn’t too far off, but Solana’s losses remain magnitudes lower. XRP Price At the time of writing, XRP is floating around $1.35, down 2% in the last seven days.
16 Apr 2026, 07:00
Yuan Stablecoin: Circle’s Groundbreaking Vision for Global Digital Currency Domination

BitcoinWorld Yuan Stablecoin: Circle’s Groundbreaking Vision for Global Digital Currency Domination In a significant development for global digital finance, Circle Internet Financial, the prominent issuer of the USDC stablecoin, has identified a massive opportunity for a stablecoin pegged to the Chinese yuan. This strategic insight, reported by Watcher.Guru in early 2025, signals a potential transformation in cross-border payments and digital asset markets. The move highlights the evolving landscape of global currency competition within the blockchain ecosystem. Circle’s Strategic Focus on a Yuan Stablecoin Circle’s leadership has consistently monitored global currency trends. Consequently, their recent statement about the yuan stablecoin opportunity carries substantial weight. The company currently manages one of the world’s largest dollar-pegged stablecoins, USDC. Therefore, their expertise provides a unique perspective on digital currency adoption. The Chinese yuan represents the world’s fifth most-traded currency. Moreover, China’s central bank digital currency, the digital yuan (e-CNY), has undergone extensive pilot testing. This existing digital infrastructure potentially creates a fertile ground for a privately issued, yuan-pegged stablecoin. Analysts point to several key drivers for this opportunity. First, international trade settlements increasingly demand efficient digital solutions. Second, the global remittance market seeks lower-cost alternatives. Finally, institutional investors require regulated digital access to yuan-denominated assets. A credible yuan stablecoin could address all these needs simultaneously. For instance, it could facilitate seamless transactions across different blockchain networks. The Global Stablecoin Landscape and Market Dynamics The stablecoin sector has matured significantly since its inception. Currently, the total market capitalization exceeds $150 billion. However, dollar-pegged variants like USDT and USDC dominate this space overwhelmingly. This creates a notable asymmetry in the digital representation of global currencies. The introduction of a major fiat currency like the yuan could rebalance this dynamic. It would provide a digital asset that mirrors the economic influence of China’s economy. Several technical and regulatory considerations will shape this development. The stablecoin would likely operate on permissionless blockchains like Ethereum or Solana. It would require robust reserve management, similar to USDC’s model of holding cash and short-term U.S. Treasuries. For a yuan version, reserves would presumably consist of Chinese currency and sovereign debt instruments. This structure must navigate complex international finance and compliance frameworks. Regulatory Pathways and Cross-Border Implications Any yuan-based stablecoin initiative faces a multifaceted regulatory environment. Chinese authorities maintain strict capital controls and cryptocurrency policies. Conversely, Western regulators like the U.S. SEC and EU’s MiCA focus on consumer protection and financial stability. Therefore, a viable project would need to engage with regulators across multiple jurisdictions. This diplomatic and legal effort would be substantial but not unprecedented. The potential impacts are far-reaching. A successful yuan stablecoin could: Diversify Digital Reserves: Offer corporations and DAOs an alternative to dollar-denominated digital holdings. Streamline Asia-Pacific Commerce: Reduce friction for regional trade invoices settled in yuan. Influence DeFi: Provide a new base currency for lending protocols and decentralized exchanges outside the dollar ecosystem. Historical precedent supports this vision. The rise of euro-denominated bonds created deep capital markets in Europe. Similarly, a digital yuan stablecoin could cultivate a parallel digital financial market. This development would not happen overnight. It would require gradual adoption and trust-building within the crypto community and traditional finance. Technical Architecture and Reserve Assurance Building trust in a new stablecoin demands transparent technical and financial architecture. Circle’s experience with USDC provides a proven blueprint. The company employs regular attestation reports from independent accounting firms. These reports verify that the circulating USDC tokens are fully backed by reserves. Applying this model to a yuan stablecoin would be a logical step. However, it introduces new complexities regarding the custody and auditing of yuan-denominated assets. Potential reserve assets might include: Asset Type Potential Role Consideration Offshore Yuan (CNH) Deposits Primary liquid reserve Held in regulated commercial banks Chinese Government Bonds Yield-generating portion Subject to sovereign credit risk High-Quality Commercial Paper Short-term liquidity Limited to highly-rated Chinese issuers Smart contract security remains another critical pillar. The code governing the stablecoin’s issuance and redemption must undergo rigorous audits. Furthermore, it should include upgrade mechanisms to address future vulnerabilities. This technical diligence is non-negotiable for maintaining user confidence in a potentially volatile market. Expert Analysis on Adoption Timelines Financial technology experts caution that adoption will follow a specific trajectory. Initially, a yuan stablecoin would likely serve institutional and professional traders. These users need efficient tools for arbitrage and hedging between traditional and digital markets. Subsequently, adoption could expand to fintech applications for cross-border B2B payments. Finally, retail usage might emerge in jurisdictions with high yuan remittance flows. The success of this project hinges on more than just technology. It requires building a robust ecosystem of wallets, exchanges, and payment processors. These partners must integrate support for the new asset. Circle’s existing partnerships with companies like Coinbase and Visa could provide a significant launchpad. Leveraging these networks would accelerate distribution and utility from day one. Conclusion Circle’s identification of a huge opportunity for a yuan-based stablecoin marks a pivotal moment in digital currency evolution. It reflects the growing intersection of traditional finance and blockchain innovation. The potential creation of such an asset would diversify the stablecoin landscape. It could also enhance the efficiency of global commerce tied to the world’s second-largest economy. While significant regulatory and technical hurdles remain, the strategic vision is clear. The move toward a multi-currency digital asset system appears increasingly inevitable. The yuan stablecoin concept represents a bold step in that direction, promising to reshape global digital finance in the years ahead. FAQs Q1: What is a yuan stablecoin? A yuan stablecoin is a type of cryptocurrency designed to maintain a stable value by being pegged, one-to-one, to the Chinese yuan. It would combine the programmability and borderless nature of digital assets with the price stability of a major fiat currency. Q2: Why would Circle, a USDC issuer, be interested in a yuan stablecoin? Circle aims to build a global digital currency platform. Diversifying beyond dollar-pegged assets allows the company to capture a broader market, especially in Asia-Pacific regions where yuan-denominated trade is significant. It’s a strategic expansion of their product suite. Q3: How would a yuan stablecoin be different from China’s digital yuan (e-CNY)? The digital yuan (e-CNY) is a central bank digital currency (CBDC) issued and controlled directly by the People’s Bank of China. A yuan stablecoin would likely be a privately issued asset on public blockchains, potentially accessible to a global user base without requiring direct interaction with China’s domestic financial system. Q4: What are the biggest challenges facing a yuan stablecoin? The primary challenges are regulatory compliance across multiple countries, establishing transparent and secure reserve management for yuan assets, navigating China’s capital control policies, and building sufficient liquidity and trust within the global cryptocurrency ecosystem. Q5: Who would be the main users of a yuan stablecoin? Initial users would likely include institutional traders, cryptocurrency exchanges, and businesses engaged in international trade with China. Over time, use could expand to remittance service providers and decentralized finance (DeFi) applications seeking exposure to non-dollar assets. This post Yuan Stablecoin: Circle’s Groundbreaking Vision for Global Digital Currency Domination first appeared on BitcoinWorld .
16 Apr 2026, 07:00
Bitcoin Double Bottom Formation Eyes $82,500 Rally – Breakout Or Rejection Next?

As Bitcoin (BTC) attempts to hold the $74,000-$75,000 area, an analyst suggested that the flagship crypto could see another 10% rally toward a key area, but warned that this level could be the ceiling. Related Reading: BNB Chain’s RWA Value Tops $3.5 Billion As Global Ecosystem Grows Bitcoin Double Bottom Breakout Targets Key Level In a Wednesday analysis, crypto analyst Rekt Capital shared an outlook for Bitcoin’s potential rally, as it holds the $73,000-$74,000 area as support for the first time in a month. The analyst highlighted that BTC’s price continues to move between its 2021 and 2024 all-time highs (ATHs), which have been a major resistance area since the early February correction. After the recent market rally, the flagship crypto retested the 2021 ATH as a new support level on the weekly timeframe, but ultimately rejected from the 2024 ATH during last week’s close. According to the analyst, if Bitcoin can weekly close above the 2024 ATH, located around $74,000, then the price could move into the high $70,000. “Until that confirmation, however, price will continue to be sandwiched between 2021 and 2024 old All Time Highs,” he added. Rekt Capital also noted that BTC has formed a double bottom pattern in the weekly timeframe, and is “now pressing beyond the resistance” of the formation. As he explained, the cryptocurrency would need a weekly close and a post-breakout retest of the top of the double bottom, around $72,810, to confirm a breakout. If it confirms a breakout from this formation, the price could rally toward the $81,000-$82,500 area in a Measured Move. Nonetheless, the analyst warned that, given the phase of the market cycle we are currently in, the price will likely develop a macro market structure that “will appear sufficiently bullish only to ultimately fail over time.” “The failure could occur by virtue of rejecting from the Double Bottom resistance, by failed post-breakout retest to register a fake-breakout, or by falling short of a Measured Move once the breakout is confirmed.” BTC Resembles 2014 Breakdown Rekt Capital also analyzed BTC’s historical behavior to assess the ongoing rally’s potential failure. The analyst noted that whenever Bitcoin has broken down from its macro triangle formation, the price usually retraces until it forms a bear market bottom. However, the way the cryptocurrency does that has differed from cycle to cycle, he detailed. In 2018 and 2022, the breakdown led to a very quick bearish acceleration toward the bear market bottom accumulation period. On the contrary, Bitcoin consolidated below the triangle base in 2014, retested it, and saw another leg down. This time, BTC’s performance resembles its 2014 breakdown, as it has been consolidating behind the triangle base after losing it in January. To the analyst, if the cryptocurrency continues to mirror its 2014 performance, the price could consolidate a bit longer, potentially rally to the base at $82,500, before rejecting. “Furthermore, Bitcoin tends to build major consolidation periods on breakdowns from Macro Triangles. In 2018 and 2022, these major consolidation periods developed at Bear Market bottoms,” Rekt Capital explained. Related Reading: Bitmine’s Ethereum Holdings Hits 4% Supply Milestone After 71,524 ETH Buy “Whereas in 2014, Bitcoin built two such periods: just beneath the Macro Triangle it broke down from, and then later at its respective Bear Market Bottom,” he continued. The analyst concluded that if history repeats, BTC’s current consolidation could precede additional downside, and another major consolidation period could develop during the bear market bottom. Featured Image from Unsplash.com, Chart from TradingView.com
16 Apr 2026, 06:55
XRP Hits 3-Week High as Analyst Predicts New ATH Rally Has Begun

Ripple’s cross-border token has emerged as the top gainer from the larger-cap alts today, surging by 4% to a multi-week peak of over $1.40. Analysts have rushed to offer more promising perspectives for the asset, and one even believes the rally toward a new all-time high has begun. New ATH in the Making? A lot has changed in the cryptocurrency landscape since last July, when XRP surged to its fresh all-time high of $3.65. It had gained over 500% since its starting level before the US presidential elections in October 2024. However, the subsequent rejection and downward trend have been quite brutal, driving the token south by over 60%. XRP spent the past few weeks trading sideways between $1.30 and $1.35. However, the overall market uptick has driven it north in the past day to over $1.40 for the first time since late March. XRP has solidified its position as the fourth-largest cryptocurrency, surpassing BNB. Analyst CW weighed in on the cross-border token’s performance, saying that its upward momentum continues, and as long as it does, the “rise will not be broken.” In another, even more bullish post, CW added that XRP’s RSI has formed a golden cross. The analyst believes the rally that begins after this bullish signal will “break through the ATH and reach the peak of phase 4.” Their graph and most optimistic prediction reveal that the target is aligned with the Fibonacci 6.618 at over $16. A golden cross has occurred on the RSI for $XRP . A bullish signal has appeared. The rally that begins will break through the ATH and reach the peak of Phase 4. Based on previous patterns, it is the Fibonacci 6.618, but this may vary depending on the situation. pic.twitter.com/HvSesbqfU9 — CW (@CW8900) April 16, 2026 CRYPTOWZRD also spoke about XRP’s recent move, saying that the asset has closed “slightly bullish.” The analyst noted that a move above $1.43 would open more upside potential, but the token remains inches below that level now. Ripple’s Moves Aside from the aforementioned price-related developments, the company behind the popular altcoin has made several big moves in the past few weeks. Just yesterday, Ripple revealed partnering with Kyobo Life Insurance, one of the leading South Korean companies in its field. The main goal is to evaluate the technical and regulatory feasibility of introducing tokenized Treasury settlement into the country’s financial system. Brad Garlinghouse, on the other hand, celebrated 11 years at the company and praised the recent partnership between the US SEC and CFTC to improve the local regulatory landscape. The post XRP Hits 3-Week High as Analyst Predicts New ATH Rally Has Begun appeared first on CryptoPotato .














































