Author: dfmines

submitted by /u/KIG45 [link] [comments]

This week Ark Invest CEO Cathie Wood CEO explained she believes the U.S. economy is emerging from what she describes as a three-year “rolling recession” triggered by the Federal Reserve’s rate hikes. Wood also noted that Ark has a 2030 bull prediction price target for bitcoin at $1.5 million. Wood Maps Out a New Bull […]

Key Takeaways: Charles Schwab intends to roll out spot crypto trading within 12 months. The prices of Bitcoin and Ethereum soared after the announcement. Institutional investors are expected to drive U.S. crypto market growth. Charles Schwab Launches Crypto Trading amid Race for Retail Investors Charles Schwab, one of the world’s biggest asset managers, with $7.13…
Read more

XRP is now trading above the $2.35 mark, gaining momentum as bulls aim to break through critical resistance on the way to a potential all-time high. This move comes as the broader crypto market enters a new bullish phase, with Bitcoin soaring past $100K and Ethereum reclaiming the $2,200 zone in a sharp rally. XRP, long viewed as lagging behind majors, now shows notable relative strength compared to other altcoins. Related Reading: Bitcoin Whale Entry Prices Diverge Sharply – Confidence Builds At Higher Levels Analysts are turning their focus to XRP as it attempts to sustain this breakout, with some calling for a rally that could finally close the gap toward previous cycle highs. Supporting the bullish case is new on-chain data from Santiment, revealing that XRP whales have returned aggressively, accumulating over 880 million tokens in the past month alone. This surge in accumulation by large holders suggests growing confidence in XRP’s trajectory and is often a signal that smart money is positioning early ahead of a major move. If current momentum holds and XRP clears its immediate resistance levels, it could be set for a powerful continuation. All eyes are now on the $2.50–$2.80 range, where market dynamics could accelerate rapidly. XRP Builds Strength As Whales Accumulate And Momentum Rises XRP is now standing out as one of the most resilient assets in the crypto market, showing notable strength during recent uptrends and consistent support through broader market corrections. Currently trading above the $2.00 level, XRP is positioned at a critical point where bullish and bearish forces are clashing. The broader market is also heating up, with Bitcoin trading above $100K and Ethereum holding the $2,200 zone after a breakout. XRP’s relative strength, however, is what’s catching the attention of analysts and traders. According to top analyst Ali Martinez, on-chain data reveals that whales have accumulated over 880 million XRP tokens in the past month. This level of accumulation is typically a bullish signal and suggests that large players are positioning themselves ahead of a possible rally. Still, macroeconomic uncertainty lingers in the background. With ongoing trade tensions between the US and China and an increasingly sensitive global financial environment, investor sentiment remains fragile. If Bitcoin holds its ground and altcoin momentum persists, XRP could be one of the top beneficiaries. As XRP continues to trade near a pivotal range, the coming days will be essential in determining the next phase. A decisive move above $2.35 could open the door to a strong upward expansion, while holding support above $2.00 will be crucial to prevent a retracement. Backed by whale activity and growing interest from traders, XRP is once again on the radar as a potential leader in the next leg of the crypto bull cycle. Related Reading: Ethereum Breaks Key Resistance In One Massive Move – Higher High Confirms Momentum Price Tests Breakout Zone As It Pushes Above Resistance XRP is showing promising momentum after breaking above the $2.35 level and now trades at $2.36, signaling renewed bullish strength. This move comes as XRP tests the upper range of a consolidation structure that has been forming since late March. The price action is supported by a consistent uptrend of higher lows, which is now pressing against long-standing resistance. The 200-day SMA ($2.10) and EMA ($2.00) both remain below the current price, reinforcing the strength of the ongoing trend. Volume has increased notably over the past few sessions, a sign that buyers are stepping in with confidence. A decisive daily close above $2.38–$2.40 would confirm a breakout and open the path toward retesting the previous highs around $3.00 and potentially new all-time highs. Conversely, a rejection here could lead to another retest of the ascending trendline around $2.15. Related Reading: Ethereum ‘Extremely Undervalued Against BTC’ – Supply Pressure May Delay Recovery The confluence of price structure, moving average support, and whale accumulation adds conviction to the breakout scenario. If current levels hold, XRP could become one of the strongest performers in the market’s next leg higher. Featured image from Dall-E, chart from TradingView

Opinion by: Kevin Rusher, founder of RAACIt’s a volatile world out there. This year, we’ve seen stocks take a wild ride as gold has pumped and crypto has been caught somewhere in the middle. Investors have dumped risk assets and scrambled for safe havens. Gold is leading the charge.While gold is safe, it is not very hard-working. Unlike cash and treasuries, the yellow metal does not generate income. Now, more than ever, investors need to be able to earn yield on gold — particularly in the decentralized finance (DeFi) sector. The only way to make money from gold is to buy low and sell high. Most investors don’t tend to buy gold like this. That’s for good reason — over the long term, gold’s performance is typically consistent, if not without a few peaks and troughs here and there, as we have recently seen. For example, after the 2008 financial crisis, the price of gold soared 148% but stagnated for nearly a decade before the COVID-19 pandemic triggered another rally, and it’s likely we will see gold hold, if not fall from it’s new record high once markets revive. While it remains an excellent hedge, gold’s long-term track record is not a growth story.Investors prefer US Treasurys or high-yield savings accounts as part of a balanced portfolio. While gold may outperform these assets in uncertain times, it offers a better balance of security and predictable income over the long term. The DeFi solution This is where DeFi brings innovation to the world’s oldest asset. DeFi can significantly modernize gold investing, offering the speed and transparency of blockchain-based transactions and the ability to earn returns.Currently, though, most tokenized gold is much the same as holding it in an exchange-traded fund (ETF). Stablecoin giants like Tether and Paxos have launched gold-backed tokens, which they say are fully backed by physical, audited gold reserves, yet offer no yield.Recent: Bitcoin’s safe-haven appeal grows during trade war uncertaintyMost DeFi investors prefer liquid, tradable assets like cryptocurrencies and stablecoins, which can generate attractive returns. Many would rather, for example, buy Tether’s USDt (USDT) stablecoin and stake it, earning rewards while still maintaining ownership.Perhaps this is why the market capitalization of gold-backed tokens remains modest. Tether Gold, the world’s most significant gold token, has a market capitalization of just under $835 million, for example, while Paxos Gold sits at around $799 million. Combined, this is equivalent to just 1% of the market cap of USDT. Unlocking income from the world’s oldest asset To unlock gold’s full potential, we need to take tokenization a step further by creating a DeFi ecosystem where tokenized gold is actively put to work — borrowed, lent and integrated into yield-bearing strategies.One possibility is for companies such as gold miners is to issue tokenized versions of their reserves that can be turned into stablecoins that can then be staked to earn a yield. Leveraging protocols whose liquidity mechanisms enable the trading of stablecoins and real-world asset (RWA) tokens, holders could take advantage of further yield opportunities throughout the DeFi ecosystem.Beyond the benefits of yield opportunities, blockchain technology means investors in tokenized gold can benefit from the flexibility of 24-hour trading, near real-time price discovery and near-instant settlement without compromising the stability of the asset. The future of gold investingIt is, perhaps, ironic that — just as governments worldwide are starting to put their stamp of approval on digital finance — gold is becoming a highly desirable commodity again. The public’s interest in it will grow as governments essentially ratify digital finance. At the same time, the appetite for gold in these uncertain times will also increase. DeFi could bring these trends together and kickstart a natural evolution in gold ownership that provides a solid bridge between traditional and digital finance. While gold inside traditional markets attracts investors looking for stability, DeFi brings opportunities that don’t compromise that stability, as it presents new and unique yield opportunities. Gold has captivated humanity for thousands of years. It’s the foundation of myths, the standard of wealth and the ultimate hedge against uncertainty. But in today’s financial world, it needs an upgrade.Through integrating gold into the DeFi ecosystem, we could unlock its true potential — not just as a store of value but as an income-generating asset. The world’s oldest safe haven asset is finally on the brink of a digital evolution.Opinion by: Kevin Rusher, founder of RAAC.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

submitted by /u/Dongerated [link] [comments]

The exchange also announced the largest acquisition in crypto history, but even that failed to buoy Coinbase’s stock price. Coinbase Stock Tumbles Following Earnings Disappointment Coinbase (Nasdaq: COIN) saw its shares drop Thursday afternoon when it announced lower-than-expected revenue for the first quarter of the year. Even the firm’s historic acquisition of the world’s largest […]