XRP Price Eyes Breakout To New ATH As Whales Move $76M

XRP price appears to be on the verge of a bullish breakout following key whale activity and positive legal developments.

A transfer of 30 million XRP (approximately $76.1 million) from Upbit to an unknown wallet has captured market attention, indicating heightened activity among large holders.

This comes as analysts and the crypto community closely monitor ongoing developments in Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC), along with the imminent January 15 deadline for the agency’s appeal-related filing.

XRP Price Eyes New ATH As Whales Move $76.1M
In a recent report from Whale Alert, 30 million XRP worth $76.1 million was moved from Upbit, a South Korea exchange, to an unknown wallet.

Such large transactions are often viewed as potential precursors to price volatility.

Some of the analysts have noted that whales are known to make large movements that can be interpreted as either accumulation or preparation for large transactions.

In the past, such transactions have been linked with the changes in the XRP price trend some analysts have forecasted that the currency may rise by double digits.

EGRAG Crypto, a renowned market analyst, in a recent move pointed out that XRP is displaying a rare “Megaphone Bottom” formation that may indicate an upward trend.

At the moment, this technical formation has a win rate of above 70%, and the analyst is predicting an ATH of $8 if it happens.

XRP Breaks Out of Symmetrical Triangle

The XRP price recently emerged from a symmetrical triangle pattern, which is a bullish signal, meaning that the price may rise to $4.

The symmetrical triangles are formed when price action converges and forms a triangle where the tops and bottoms converge to form the triangle.

A breakout above the upper trendline is generally taken as a positive sign by the traders aligning a recent XRP price predition.

According to market analyst World of Charts, XRP price could increase by 60% in the coming days if it breaks out. Using the maximum height of the triangle on the breakout point sets the first target at $4.

This surge is inline with the legal fight of Ripple which has still been on the rise, thus positively influencing the market.

Some of the latest developments such as a ruling that certain documents submitted in connection with Ripple’s summary judgment motion should be sealed have also boosted investors’ confidence.

SEC Deadline Approaches Amid Legal Uncertainty
The SEC has until January 15 to submit its brief on the merits of the appeal regarding Judge Analisa Torres’s decision in the Ripple case.

This comes after the agency filed its Notice of Appeal in October 2023 regarding the ruling that the normal sales of XRP are not securities under the Howey Test.

Lawyers have noted that this is not unusual for filings to be submitted on the last day. According to Marc Fagel, a retired securities lawyer,

“In thirty years of litigation, I would estimate that I have seen a lawyer file a brief before it was due once or twice.”

However, it is still unclear if the SEC will continue the appeal to the next administration.

SEC Chair Gary Gensler and Commissioner Caroline Crenshaw are to resign on January 20, and former Commissioner Paul Atkins, who is known to be pro-crypto, could join the commission which may change the agency’s stance on the Ripple case.

Market Analysts Remain Optimistic

Analysts remain optimistic about XRP price potential, citing legal developments and bullish chart patterns.

Crypto trader “Dark Defender” pointed out that XRP price is now in the final stages of its “throwback” after breaking a triangle pattern.

He predicted that there is high possibility through which the cryptocurrency may hit a new ATH of $4.4 within the next few days.

Concurrently, the XRP community is also focused on Ripple’s leadership, including the recent meetings between Ripple CEO Brad Garlinghouse and U.S. President-elect Donald Trump.

Although specific information has not been provided, many in the community see these contacts as a positive sign which which may set ground for an XRP price breakout.

#XRP #Ripple #Altcoin #cryptocurrencies #CryptoNews

A U.S. court has ordered the SEC to explain why it blocked Coinbase's petition to regulate cryptocurrencies.

the court called the SEC's decision arbitrary and capricious.
#Coinbase is fighting another SEC case about whether tokens such as #Solana are securities.
The U. S. Securities and Exchange Commission (SEC) has been criticized by a federal appeals court for its decision to block Coinbase's 2022 petition for clear regulation of #cryptocurrencies . The Third Circuit U. S. Court of Appeals called the SEC's decision "arbitrary". The U. S. Circuit Court of Appeals called the SEC's actions "arbitrary and capricious" and suggested that the regulator may have bitten off more than it could chew by taking an aggressive stance against the crypto industry.
Coinbase Chief Legal Officer Paul Grewal (Paul Grewal) shared He noted that the court rejected the SEC's "insufficient reasoning" in rejecting Coinbase's petition, and Judge Stephanos Bibas rejected the SEC's enforcement tactics. He added that the court highlighted constitutional concerns.
Paul said the decision makes it clear that regulators cannot enforce the law without providing clear rules in advance.
The court's decision did not force the SEC to provide specific rules on cryptocurrencies. It did not force the SEC to provide an explanation, but made it clear that the SEC should provide an explanation. Coinbase's original motion sought clarification on the key issue of when digital assets are considered securities.
Lack of clear guidance
Judge Bibas, known for his tough rulings, noted that new technologies such as cryptocurrencies have unique risks and require active regulation, not just retroactive fines.
This isn't the first time the SEC has been criticized for its treatment of the crypto industry, but the Coinbase case could be a turning point.
While Coinbase is celebrating this partial victory, the company is still in another legal battle with the SEC, this time deep in the trenches.

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#InvestSmart #news

In this article: microStrategy's Michael Saylor believes companies should invest in bitcoin and calls for the asset to replace bonds.

Sailor recently announced his willingness to advise President-elect Donald Trump on #cryptocurrencies . He stated that he understands cryptocurrencies and continues to support the industry.
Michael Saylor, co-founder and chairman of
#MicroStrategy , urged companies to invest in cryptocurrencies. Michael Saylor called bonds toxic and urged companies to invest in #bitcoin . He said this while speaking at the ICR conference in Orlando on Monday, where he compared BTC yields to bonds from 2020 and beyond.
Speaking to a full room of managers and investors, Mr. Saylor said: It works for every company. Every company has to choose between 'clinging to the past' by buying bonds, buying back shares and paying dividends, or 'going forward into the future' by using bitcoin as digital capital.
Mr. Saylor's comments followed MicroStrategy's recent announcement to buy bitcoin. MicroStrategy announced a $243 million bitcoin purchase last week, marking the tenth consecutive purchase of the crypto asset. He accused companies like Microsoft and NVIDIA of not following suit, saying, We build with steel and they build with wood.
His presentation slides showed that there are currently 70 companies holding bitcoin. What are the downsides? Well, you'll get rich, he added.
MicroStrategy's share price has risen about 9.71% YTD to $317.75 per share in New York at 1:43 p. m. on Monday. The Virginia-based company now owns more than 2% of all bitcoins that have ever existed (about US$41 billion).
Finally, Saylor urged CEOs to make the right decision for their families, country and investors: Embrace bitcoin.
BREAK After Trump's re-election, several prominent #cryptocurrency executives visited Mar-a-Lago. Recently, Trump invited Michael Saylor to his Mar-a-Lago residence to further discuss bitcoin. This is not the first such occasion.

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#CryptoNews

In this article:Analysts say it's not unusual for bitcoin to experience a January correction after its half-life.

BTC has recovered to around $94,000 after falling 10% in recent days.
According to Stockmoney Lizards, #BTC has not yet reached a hype/pump phase.
Many market analysts say it is not unusual for #bitcoin to experience a correction in January during its half-life.
BTC price has fallen 10% in the past few days. However, after peaking at $102,300 on January 7, it recovered slightly to reach around $BTC Over the past half-decade, bitcoin has experienced stronger market corrections: after falling more than 25% in 2021, the #cryptocurrency rose 130% to reach a high of around $1,000. Prior to that, bitcoin experienced a 30 percent drop in January 2017, followed by a 2,400 percent surge the following month to reach the US$20,000 mark.
According to crypto analyst and trader Axel Bitblase, Bitcoin's January drop has historically been half as frequent in subsequent years.
He added: We all know what happened after the collapses of 2017 and 2021.
The recent 10% drop in bitcoin from historic highs is nothing compared to previous price pullbacks in major #cryptocurrencies .
Stockmoney Lizards also takes a positive view on BTC. According to the analyst, bitcoin has not yet reached the hype/pump stage.
Stockmoney Lizards also cites the introduction of a broader market, the Cryptocurrency Act and the spot introduction of bitcoin-ETFs as key factors that could boost the price of BTC.
Given the market's behavior so far, history repeats itself, and bit If bitcoin repeats the 130 percent growth seen in 2021, its new price could reach $200,000 in the fourth quarter of 2025. However, if the January pullback of previous years is repeated in this cycle, the price of major cryptocurrencies could fall to US$BTC Several important factors are expected to influence the cryptocurrency market in 2025.

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#CryptoNews

Bitcoin Price: Is Correction Over? Netflow, Long-term Holders Suggest This
The analysis of exchange netflow on Binance revealed a significant shift for Bitcoin price, marking a potential turning point.
Historically, when the Simple Moving Average over 14 days (SMA14) for netflow turned positive, it often signaled upcoming selling pressure, leading to short-term price corrections.
Notably, this pattern reversed as the SMA14 transitioned into negative territory on January 6, 2025. This suggested a decrease in selling pressure and an increase in buying activity.
This change was quantified by the Binance netflow reaching -5,407, with the SMA14 also dipping to -483.
These figures indicated that there is a stronger buying sentiment among investors on the platform. Potentially heralding a positive trend for Bitcoin price in the near term.
These transitions in netflow metrics were crucial indicators of market sentiment and can precede significant price movements.
Given the recent negative cross in the SMA14, the outlook for Bitcoin could be optimistic. The recent market correction might be concluding and a bullish phase could be emerging.
The scenario was supported by a noticeable increase in investor interest. The same was reflected in the net buying trend on Binance, suggesting an upbeat market sentiment moving forward.
Bitcoin Price: Profitability of BTC AddressesBitcoin price started the year strong. It reclaimed the $100,000 mark in the first week of January which is anticipated to be a bullish year.
The in/out of the money indicator showed a substantial green cluster up to the $101,710.79 price point. Which meant that many addresses are in profit up to this level.
Beyond this, the market exhibited increasing pressure with addresses that bought at higher prices still out of the money, highlighted by the red zones extending up to $106,839.06.
This distribution suggested that while Bitcoin price had performed well, though significant resistance lay ahead.
The dense cluster of profitable addresses could act as a strong support base if prices were to dip.
However, the presence of significant numbers still at a loss at higher levels could curb upward movement for Bitcoin price.
This would make it challenging to sustain rallies without additional positive triggers. Approximately 380,000 addresses are still at a loss, representing less than 1% of all Bitcoin holders.
This small percentage indicated that the market correction might be nearing its end. Most holders were positioned for potential gains if Bitcoin can maintain its upward trajectory and break through existing resistance levels.
Long-Term Holder SupplyThe dynamic between Bitcoin‘s Short-Term Holders (STH) and Long-Term Holders (LTH), displayed notable transition in the supply patterns.
Initially, as Bitcoin price soared towards $100,000, there was a marked increase in the selling activity, primarily among STH.
This selling peak was reflected in the significant movement of coins from the STH to the LTH cohort, a typical behavior when traders capitalize on high prices.
In the subsequent period, the LTH supply saw a gradual increase. This trend suggested that coins held by STHs for less than 155 days began aging into the LTH category, which traditionally holds for much longer periods.
The shift towards a larger LTH supply indicated a potential decrease in selling pressure at high price levels, as more holders moved into a long-term investment mindset.
This transition could suggest a stabilization of prices at higher levels if the trend of coins moving to LTH continues.
Historically, an increase in LTH supply correlates with reduced market volatility and a more robust price support, implying that significant sell-offs might have subsided for the time being.
Thus, if this growth in LTH supply is confirmed in the coming days, it would likely signal a concluded phase of LTH selling, setting a more bullish tone for Bitcoin’s near future.
#Binance #Bitcoin2025 #Bitcoin #Cryptocurrencies #Cryptonews

In this article: Trump's day one plans include creating a bitcoin reserve fund in the US and forcing banks to cooperate with cryptocurrency companies.

Establish clear rules on how #cryptocurrencies should be handled by agencies such as the SEC.
Experts According to experts, if these plans come true, #bitcoin could break the $150000 mark in 2025.
Donald Trump will announce a series of executive orders on cryptocurrencies on January 20. Trump, known as the crypto-president, is expected to first issue an executive order on bitcoin's strategic reserves. He will then set clear regulations on cryptocurrencies and force banks to shut down their #cryptocurrency businesses. Analysts believe these decisions could turn the market upside down.
The plan to create a strategic bitcoin reserve is Trump's boldest crypto policy to date. The idea is that the US government will start buying bitcoin. Agencies will be tasked with buying #BTC and turning it into a strategic asset like gold or oil. No country has ever attempted this before, and the implications are significant.
However, not everyone is convinced. Macroeconomic analyst Luke Gromen believes the timing could be bad. If President Trump announces this plan on day one, Gromen says, investors will get ahead of the government. In other words, they will buy up bitcoin before the U. S. builds up its reserves, causing the price to skyrocket. As a result, the U. S. will pay top dollar for its bitcoin reserves.
Gromen suggests a more secretive approach. They quietly accumulate bitcoin reserves while publicizing its potential. Then, when the U. S. has a large position, they can loudly proclaim. It is wiser to control the market scenario and enrich the government coffers, Gromen added.
We can only speculate whether Trump will heed this advice, but either way, the plan will shake up the cryptocurrency market.

That's not all. President Trump wants banks to stop freezing cryptocurrency businesses.

But there is one catch. If the U.

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#CryptoAdoption

Donald Trump to Issue Executive Crypto Policy Orders on First Day in Office

President-elect Donald Trump is expected to issue executive orders related to crypto policies on his first day in office, according to a Washington Post report.

The incoming president has been a strong supporter of the crypto industry since his campaign, and experts in the industry expect that to continue upon his inauguration.

According to The Washington Post, members of the Trump transition team have been working closely with crypto leaders to finalize a legislative strategy.

These members expect Trump to issue executive orders on the first day of his presidency that may address issues relating to cryptocurrency.

Among these issues include de-banking and the repeal of a controversial crypto accounting policy requiring banks holding digital assets to count them as liabilities on the bank’s own balance sheet, according to the report.

Revised Crypto Policy a “Priority” for Donald Trump’s First Day in Charge

“The Trump team has made it very clear that this is a priority,” a source told The Washington Post.

These incoming executive actions target crypto regulations and aim to shield cryptocurrency investors from what Trump labels the “Washington bureaucratic swamp.”

Several of his picks for cabinet and other roles are also crypto supporters, including the newest Chair of the SEC Paul Atkins.

The crypto and tech-friendly picks — who will operate at the White House, Pentagon, Health and Human Services, and other agencies — could provide direct points of contact for venture capitalists and tech executives.

“I wouldn’t be surprised if you get something like an executive order early on that directs the agencies to re-examine their rules in this space,” says Jonah Krane, partner at Klaros Group.

These shifts address market volatility crypto issues while creating a supportive framework. The US crypto industry expects growth under these new rules, with cryptocurrency investors gaining stronger institutional backing.

One of Trump’s most anticipated crypto orders expected to come is a national Bitcoin reserve. The Bitcoin Policy Institute has drafted an order to make Bitcoin a strategic reserve asset.

It would require $21 billion in investment over one year. “President Trump will deliver on his promise to encourage American leadership in crypto,” stated Trump transition team spokesperson Brian Hughes.

Despite a recent dip, there is a possibility that the cryptocurrency market will recover after Trump assumes office. Donald Trump’s pro-crypto stance and policy may lead to a market-wide resurgence.

#DonaldTrump #trumpcryptopolicy #Bitcoin #cryptocurrencies #CryptoNews

🚨 Market Analysis (Based on Bitcoin's Movement): January 2025 – Are We on the Verge of a Major Shift?
The cryptocurrency market continues to test its resilience at the start of January 2025, and this month could be more than just a turning point for the market overall. Let’s dive into the details and analyze the situation from a deeper perspective.
1. The Notable Decline Since Early January 2025: 📉
As I mentioned earlier in some live streams, a decline was expected at the start of January, and now we’re clearly seeing the impact of this drop. The market has been under pressure since the first days of the year, and this trend may continue until the end of the month, raising many questions about whether this decline is just a correction or the beginning of a long period of downturn? 🤔
2. The $100,000 Barrier – Its Psychological Impact on the Market: 💥
The $100,000 barrier for Bitcoin goes beyond being just a psychological number. It represents a critical testing point, where the market experiences significant pressure when approaching this level. The rapid rise of Bitcoin to this price was unexpected for many, and following that, we saw a sharp pullback, further confirming the psychological role this level plays in determining market direction.
Psychologically: Traders often experience psychological pressure as prices near such levels, leading to swift actions like selling or freezing while awaiting clear signals. ⚡
Economically: These points become sensitive zones for large investments entering or exiting the market, amplifying volatility. 💰
3. The Drop to $90,000 – A Turning Point? 🔽
On January 10th, 2025, Bitcoin dropped to $90,199, its lowest point since November 2024. This level represents key support, which could dictate the price direction in the upcoming period. Some might consider this decline a sign of market collapse, but looking at the technical analysis, this dip might be seen as a buying opportunity before the next big move. These drops are not the end of the road; they could signal the beginning of a new phase. 🚀
4. Daily Fluctuations – Between $90,000 and $95,000: 🔄
Despite the ongoing decline, daily fluctuations between $90,000 and $95,000 reflect a state of indecision in the market. These ranges might see accumulation as traders hesitate to make quick decisions and enter a waiting mode. Technically, these fluctuations offer buying opportunities for those with patience and a long-term vision. 🕒
5. Future Outlook – February 2025: 🌟
Looking ahead, we see that the end of January may mark the start of new fluctuations, with the market likely stabilizing gradually.
Psychologically: Traders might struggle to make decisions due to ongoing volatility, creating an atmosphere of caution and anticipation. ⚖️
Technically: If Bitcoin successfully breaks the $95,000 level and establishes support above it, we could witness a new bullish move that could surprise everyone. 📈
6. Is This the Right Time to Invest? 💡
If you’re considering investing in Bitcoin right now, this could be the perfect moment. Despite the downturns, Bitcoin remains a promising long-term opportunity, and the next market movement is likely to be surprising. If you’re thinking of buying now, don’t fear the fluctuations; the upcoming period may be more exciting than ever. 🎯

🔮 Summary: The market is currently in a critical phase, but since we’re still at the beginning of January 2025, these declines may just be a correction. If you have the capacity to hold and invest for the long term, this could be the opportunity you've been waiting for. ⏳
🗣 What do you think of this analysis? Do you expect Bitcoin to rise again in February?
Share your thoughts in the comments! 💬
#bitcoin #MarketAnalysis #cryptocurrencies #InvestmentOpportunities #FutureOfCryptos
$BTC
$ETH
$BNB

Analyst says XRP is 'excellent' and predicts a new rise for major altcoins - The Daily Hodl

An analyst who was quick to catch the crypto bull market of 2023 believes the altcoin #XRP is poised for a new rise.
BREAK He also believes that XRP has had plenty of time to consolidate after spiking to a high of $2.90 in December.
"At this point I believe, and I've been watching this chart for some time now, that XRP is ready for another bull market. Looking at this chart, I think both the #bitcoin pair and the US dollar pair are strong. Both pairs are great.
Very similar to what I wanted to see. A week ago I was predicting a small pullback. So far I don't see anything to stop it.
Zooming in, DonAlt believes that XRP may be poised for a sharp rise to continue the bull run that began in November.
"Whether or not we're going to see an explosive top in #cryptocurrencies . Every time I start to doubt, the XRP chart removes my doubts. ...... ... XRP is about to go for a second round.
Read us at: Compass Investments
#transscreen.ru

The number of Bitcoin ATMs worldwide grew by 6% in 2024, reflecting how cryptocurrencies are becoming more mainstream and accessible to the public.
Bitcoin ATMs: Easy Access to Cryptocurrencies
Bitcoin ATMs operate similarly to traditional ATMs but allow users to buy and sell cryptocurrencies such as Bitcoin using cash or payment cards. Some machines even enable selling cryptocurrencies for cash, although transaction fees are typically higher.
The first Bitcoin ATM was installed in 2013 in Vancouver, Canada, marking a milestone in making cryptocurrencies accessible to the public. Today, there are over 37,500 Bitcoin ATMs across more than 70 countries, showcasing their growing popularity.

The U.S. Leads in Bitcoin ATM Installations
The United States continues to dominate the Bitcoin ATM market, holding more than 81% of the global share. As of January 13, 2024, the U.S. had over 31,500 Bitcoin ATMs, representing an increase of more than 1,000 machines compared to the start of the year.
In Europe, the Bitcoin ATM market is smaller but steadily growing. In 2024, 116 new machines were added in the region, representing a 7.5% increase compared to 2023. This growth persisted despite downturns in the cryptocurrency market, highlighting the resilience of the European market.
Diverse Regulatory Approaches to Crypto ATMs
Bitcoin ATMs are legal in most countries, but regulations vary. In the U.S., operators must comply with AML (anti-money laundering) and KYC (know-your-customer) rules and register as financial services businesses.
In Europe, several high-profile crackdowns have targeted illegal crypto ATMs. In Germany, authorities seized 13 crypto ATMs and $28 million in cash in August 2024 due to suspected money laundering. Similarly, the U.K. saw its first conviction for operating an illegal Bitcoin ATM network.
Bitcoin ATM Fraud on the Rise
Despite their legitimate use, Bitcoin ATMs have become a target for scammers. The Federal Trade Commission (FTC) revealed that reported losses linked to Bitcoin ATM fraud increased tenfold since 2020, surpassing $110 million in 2023.
In the first half of 2024 alone, Bitcoin ATM-related fraud accounted for $65 million in losses. Older adults aged 60+ were more than three times as likely to fall victim to these scams compared to younger users, with a median loss of $10,000. Common scams included impersonating government officials, corporate representatives, and tech support.
Summary: Growing Popularity and Challenges for Bitcoin ATMs
Bitcoin ATMs are becoming increasingly popular due to their convenience and global expansion. The year 2024 witnessed significant growth despite regulatory challenges and the risk of fraud. These machines represent a critical step toward wider cryptocurrency adoption but also require enhanced security and regulatory oversight to address potential misuse.

#BTC , #ATM , #bitcoin , #cryptocurrencies , #CryptoNews

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Tether Relocates to El Salvador Following Regulatory Approval

Stablecoin issuer Tether has announced plans to relocate its company and subsidiaries to El Salvador after obtaining an operating license in the country.

In a Jan. 13 statement, Tether revealed that it had secured authorization to operate as a digital asset service provider and stablecoin issuer in El Salvador.

The company cited the nation’s “forward-thinking policies, favorable regulatory environment, and […] growing Bitcoin-savvy community” as key reasons for the move.

“This decision is a natural progression for Tether as it allows us to build a new home, foster collaboration, and strengthen our focus on emerging markets,” said Tether CEO Paolo Ardoino.

He added, “By rooting ourselves [in El Salvador], we are not only aligning with a country that shares our vision in terms of financial freedom, innovation, and resilience but is also reinforcing our commitment to empowering people worldwide through decentralized technologies.”

The relocation follows reports that Ardoino and Tether’s Chief Operating Officer, Claudia Lagorio, purchased property and became naturalized citizens of El Salvador in 2024.

Cointelegraph reached out to Tether for further comment but received no response at the time of publication.

El Salvador and Bitcoin Adoption

Since President Nayib Bukele announced plans to adopt Bitcoin as legal tender in 2021, El Salvador has become a hub for cryptocurrency initiatives.

In 2023, Tether pledged support for one of the country’s renewable energy projects, including geothermal energy facilities.

Ardoino has reportedly met with Bukele on several occasions, expressing support for the president’s efforts to attract businesses and new residents.

While Bukele has claimed Bitcoin adoption has been a “net positive” for the nation, some expected benefits have yet to materialize.

As of December, the Salvadoran government reported holding over 6,000 BTC, valued at more than $550 million.

Bukele’s administration has been praised for reducing crime rates but faced criticism over alleged human rights violations and the wrongful detention of critics.

No information published in Crypto Intelligence News constitutes financial advice; crypto investments are high-risk and speculative in nature.

#ElSalvador #Tether #cryptocurrencies #cryptomarket #CryptoNews