BITPRISMIA
The Bitcoin Deribit Index is nearing historic lows, indicating potential caution for BTC price, but there are signs of possible volatility and key resistance levels to watch.
A large transfer of XRP worth $51.8 million to Coinbase from an unknown address has deepened the mystery surrounding the exchange's wallet activity, following earlier observations of significant XRP holdings linked to Coinbase.
Jack Dorsey reiterates his vision for Bitcoin to be used as everyday money for peer-to-peer transactions, emphasizing its original purpose beyond speculative trading.
The Bitcoin (BTC) price is experiencing a slight decline, with potential for further correction to the $116,000 range if bullish momentum does not recover.
The XRP price is currently trading within a narrow range, with potential for a decline to $2.90 if it breaks below the $3 support level, while sideways trading between $3 and $3.30 remains a likely scenario.
Shiba Inu (SHIB) has shown a rare negative correlation with Ethereum (ETH) over the past 30 days, while maintaining a strong positive correlation with Dogecoin (DOGE).
Legendary trader Peter Brandt criticizes cryptocurrency for negatively impacting social media and predicts a potential Bitcoin price peak, referred to as the 'Brandt top.'
A large transfer of 202,489,814,762 SHIB (worth approximately $2.64 million) was made to a Coinbase Prime hot wallet, potentially indicating increased whale activity.
Litecoin (LTC) price may potentially rise by 100% if it follows a similar breakout pattern to Ethereum (ETH), with a key resistance level at $140.
Ripple CTO David Schwartz discusses the potential for institutional adoption of XRP Ledger and highlights the benefits of the Interledger Protocol (ILP) for facilitating payments.