Crypto News
Fed Dovish Turn Lifts XRP Toward $3.10, Analysts Eye $5–$8 Targets
News BackgroundXRP extended its rally on August 23 as institutional trading volumes spiked above averages, reinforcing bullish sentiment after weeks of consolidation. The move coincided with dovish remarks from Fed Chair Jerome Powell at Jackson Hole, which strengthened expectations of September rate cuts and triggered rotation into risk assets, including cryptocurrencies. Regulatory clarity following Ripple’s litigation outcome continues to support institutional flows, while analysts now point to ambitious $5–$8 targets should XRP break decisively above near-term resistance.Price Action Summary• XRP climbed 3% during the 24-hour period from August 23 at 15:00 to August 24 at 14:00, rising from $3.02 to $3.09 before consolidating back at $3.02.• The token traded in a $0.09 band, peaking at $3.09 on elevated 58.8 million...
Hong Kong Reports Results from PBoC’s RMB Bills Tender
The Hong Kong Monetary Authority disclosed the results of the People's Bank of China's RMB Bills tender held on August 25, 2025, highlighting the issuance of three-month RMB Bills. (Read More)Source link
Bitcoin Reverses Powell Spike With a Flash Crash as Options Market Signals Jitters Ahead
Bitcoin (BTC) fell below $111,000 during the overnight trade, reversing Friday's spike caused by Fed Chair Powell's dovish speech, as a whale sold into illiquid market conditions.The cryptocurrency's price fell by over 2% from $114,666 to $112,546 in under ten minutes to 07:40 UTC. The so-called flash crash occurred when a single whale sold 24,000 BTC, worth over $300 million, according to blockchain data firm Timechainindex.com."This entity liquidated their entire 24,000 balance, sending all of it to Hyperunite. They transferred 12,000 just today and are still actively selling, which is likely contributing to the ongoing price drop," the firm's researcher Sani said on X, adding that the whale still holds a total of 152,874 BTC across all associated addresses, including...
Telegram CEO Pavel Durov Criticizes France Over ‘Absurd’ 2024 Arrest
Telegram CEO Pavel Durov, who was arrested last year, says he must return to France every 14 days with no appeal date in sight.Source link
XLM Price Prediction: $0.47 Target Within 2 Weeks as Technical Setup Improves
Stellar technical analysis points to $0.47 XLM price target over 2 weeks, with potential breakout above $0.42 resistance triggering bullish momentum toward 52-week highs. (Read More)Source link