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Cardano Eyes 100-Day Moving Average After Defying Lower MAs

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Nick Valdez (Deezy), a stake pool operator and prominent market analyst, expects Cardano to target the 100-day moving average next.

Notably, he shared in his recent X post that the critical price level is the next in Cardano’s radar after showing strength against other key moving averages. He highlighted that ADA bounced from the 20-day MA and has “tentatively” broken above the 50-day MA, making the 100-day MA its next major target.

Key Points

  • Deezy, a stake pool operator and prominent market analyst, sees Cardano targeting the 100-day moving average next, which currently sits at $0.489.
  • He pointed out that ADA bounced from the 20-day MA and has “tentatively” broken above the 50-day MA, making the 100-day MA its next key target.
  • Cardano retested the 20-day moving average after its early January recovery run and regained bullish momentum, surging 9% the next day to reach $0.425.
  • The run saw it break above the 50-day moving average.
  • Deezy suggested the correctional phase for Cardano might be nearing its end, citing a higher-low formation on the daily chart.

Cardano and the 20D and 50D Moving Averages

For perspective, Cardano retested the 20-day moving average after its early January recovery run. The coin jumped to a high of $0.435 on January 6 but lost steam there, leading to a retracement that found support at the 20D MA around $0.380 on January 12.

From the area, Cardano regained bullish momentum, surging 9% the next day to reach $0.425. Notably, the run saw it break above the 50-day moving average, with Deezy suggesting it may have also defied this key indicator.

At the time of writing, ADA has retraced to $0.403, with current consolidation pushing it towards the 50-day at $0.395. Notably, if the indicator provides support, as the 20-day MA did a few days ago, Cardano may recover to a higher price level.

ADA Now Eyes the 100-day MA

Meanwhile, Deezy’s analysis highlighted the 100-day moving average as the next possible target. At the time of writing, this indicator stands at $0.489.

However, ADA has the $0.43 resistance level to overcome first. The cryptocurrency has faced selling pressure around the area twice this month, falling from the zone on January 6 and again on January 14, when its bullish momentum stalled at $0.426.

End of Cardano Downtrend? Caveats to Note

Further, Deezy suggested that the correctional phase for Cardano might be nearing its end, citing a higher low formation on the daily chart. An accompanying chart shows that the SPO views the consolidation from the January 6 high to a low of $0.38 to retest the 20D MA as a swing low before the next leg up.

Cardano Analysis/Deezy
Cardano Analysis/Deezy

If this proves true, the analyst highlights $0.49 as the possible short-term target. However, this hinges on several factors, including sustained strength amid the current mild consolidation.

ADA needs to hold the 50-day MA if there is any chance of a further price increase, which is not guaranteed. Even if this level holds, reaching the 100-day MA also remains speculative, as market trends are unpredictable.

Cardano Biggest Achievements in 2025: Hoskinson Highlights Governance, $150M Budget, Scalability, Privacy

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Cardano founder Charles Hoskinson says the network’s defining achievements in 2025 involved the successful rollout of large-scale on-chain governance and other notable milestones. 

In his view, that achievement is now shaping how Cardano plans to move faster, scale responsibly, and compete more effectively in 2026.

Key Takeaways:

  • Governance, not hype, was Cardano’s biggest win in 2025, with a functioning on-chain system that enables community-led upgrades and budgeting.
  • Cardano has already exercised governance at scale, passing a $150 million community budget and launching a formal constitution.
  • Hoskinson also highlighted other notable achievements last year, including the launches of Hydra, Midnight, and the upcoming rollout of Leios.
  • Privacy will not dominate crypto narratives alone in 2026, but will become embedded in intent-based, abstracted user experiences.
  • Midnight is set to be an infrastructure for executing private intent, routing transactions across multiple blockchains without exposing user strategies.

Governance as Cardano’s Defining Achievement

Reflecting on the past year in a recent interview, Hoskinson criticized what he described as superficial claims of decentralization across the crypto industry.

According to him, many projects claim to have a functioning governance structure, yet in reality, a small group of insiders or large token holders still control key decisions.

He stressed that true governance goes far beyond voting mechanics. It requires systems that can consistently build consensus across a large and diverse community. Hoskinson stressed that governance directly determines how well a blockchain can evolve.

As networks grow more complex, disagreements tend to multiply, slowing upgrades and making them more contentious. To illustrate this point, he cited Ethereum’s multi-year path to rolling out staking and Bitcoin’s infrequent upgrades as clear examples of how limited governance can slow innovation.

Conversely, Cardano’s governance model aims to help the network converge on decisions more efficiently as it scales to millions of users.

Notably, Hoskinson emphasized that this approach is already delivering results. Cardano has launched one of the largest on-chain governance systems in the industry, adopted a formal constitution, and conducted multiple governance events.

Moreover, in 2025 alone, the community approved a roughly $150 million budget and actively debated constitutional amendments and governance changes.

According to him, the most significant shift is that strategic decisions, including roadmaps, KPIs, and funding priorities, are no longer dictated by him or the Cardano Foundation. Instead, the broader community now drives those outcomes.

Difficult but Transformative Process

Notably, Hoskinson underscored that achieving this level of governance was neither quick nor easy. The process took nearly two years of preparation and culminated in a global constitutional convention that brought together participants from more than 50 countries.

Despite the challenges, he described the effort as a “wake-up moment” for the ecosystem. Ultimately, it demonstrated that Cardano could coordinate at scale without compromising decentralization.

Other Notable Achievements of 2025

Moreover, Hoskinson disclosed that Cardano reached several major infrastructure milestones in 2025. These included foundational work on Ouroboros Leios, progress toward Bitcoin DeFi integrations, and the establishment of governance frameworks to support commercial bridges and stablecoins.

Additionally, the network announced new integrations, such as Pyth, with Hoskinson signaling that more announcements are on the way.

From a scalability perspective, Cardano also launched Hydra last year and is now preparing to roll out Ouroboros Leios in 2026. Hoskinson further highlighted Midnight, Cardano’s partner chain focused on privacy and compliance, which he believes could rank among the top blockchain networks.

Rethinking Privacy’s Role in 2026

When asked about the future of privacy in crypto, Hoskinson took a contrarian view, arguing that privacy will not remain a standalone headline trend. Instead, it must become part of industry shifts that address real user needs.

He identified two major forces shaping the next phase of crypto adoption. First is the expansion of real-world assets. Second, and more fundamentally, is the transition toward “intents”—a model in which users specify desired outcomes while underlying systems handle execution across chains and applications.

In this framework, users no longer need to understand how wallets, blockchains, or decentralized exchanges operate behind the scenes.

Looking Ahead

Hoskinson expects chain abstraction and intent-based transactions to dominate the ecosystem, potentially accounting for the majority of value transfers and DEX activity. However, he warned that this model introduces new risks. If user intentions remain visible, sophisticated actors could exploit that information to trade against them.

He explained that this is where Midnight plays a critical role. Midnight seeks to introduce programmable privacy into intent-based systems, allowing users to conceal their intentions while ensuring accurate execution.

As a result, the network could support billions of transactions, onboard millions of users, and facilitate trillions of dollars in value flows while mitigating vulnerabilities such as extractive value attacks.

Bitcoin Price Forecast for Jan 15: Support Holds Firm as BTC Sees $655.36M in Futures Inflows

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Bitcoin continues its bullish momentum with strong futures inflows, as support holds firm and traders eye further upside potential.

Notably, Bitcoin (BTC) extended its recent recovery on Thursday, climbing 1.9% over the past 24 hours, and is now trading at $96,517. The price fluctuated between $94,620 and $97,704 but is now trading near the mid-range.

Bitcoin’s surge aligns with broader market sentiment, which has been influenced by developments like the proposed U.S. bill aiming to create a regulatory framework for crypto. This bill has bolstered confidence among investors, contributing to Bitcoin’s price action.

In terms of market metrics, Bitcoin’s market cap stands at a staggering $1.93 trillion, up 1.76% today. The 24-hour performance shows consistent growth, with 6.4% gained in the last week and 10.2% in the past 14 days, indicating an ongoing bullish trend. Amid this performance, traders are looking for whether the momentum can hold, potentially leading to new all-time highs.

Can Bitcoin Momentum Hold?

On the technical side, Bitcoin continues its bullish momentum, with key indicators supporting further upside potential. The Parabolic SAR indicator sits below the price action at around $90,221, suggesting that Bitcoin remains firmly in an uptrend. 

Bitcoin 1-Day Chart
Bitcoin 1-Day Chart

The dots beneath the price confirm that the trend structure is intact, with no immediate signs of reversal. As Bitcoin approaches resistance near $97,800, the Parabolic SAR continues to signal trend support, with a breakout above this level potentially opening room for further upside.

Additionally, the Standard Deviation rests at 2,807.06, reflecting surging market volatility. This elevated reading highlights increased price fluctuations and rising market uncertainty. As a result, Bitcoin could either extend its rally if momentum holds or face sharp corrective moves if volatility triggers liquidations.

BTC Futures Flows

Meanwhile, the futures flow data shows active positioning with mixed short-term signals but a positive broader bias. The 30-minute window remained positive, posting $202.82M in inflows versus $180.33M in outflows, for a net inflow of $22.49M.

Bitcoin Futures Flows
Bitcoin Futures Flows

However, the 1-hour timeframe saw a reversal, with $380.98M in inflows and $433.74M in outflows, producing a net outflow of $52.76M.

On higher timeframes, flows stabilize again. The 4-hour window recorded $2.15B in inflows and $2.14B in outflows, leaving a net inflow of $5.49M, while the 8-hour period showed a $26.75M net inflow. 

Over the past 12 hours, flows turned negative with a $37.44M net outflow, but the 24-hour data remains firmly positive, showing $20.68B in inflows versus $20.03B in outflows, resulting in a net inflow of $655.36M. 

Long Positions Account for 85% of XRP Liquidations in 24H as Price Rebound Stalls

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While total XRP liquidations have declined in line with easing volatility, long positions now represent 85% of all closed trades as the XRP price recovery loses momentum.

Data from Coinglass, a crypto market resource, confirms this new reality amid resistance to the broader market recovery push that began this week. Specifically, liquidations in the XRP futures market over the past 24 hours currently stand at $7.76 million, a drop from previous readings of around $22 million a week ago.

Of the latest figure, long liquidations account for 84.6%, indicating that bullish traders have experienced the biggest setback. This development, which comes as XRP drops from the Wednesday peak of $2.2, could negatively impact bullish sentiments, leading to reduced trading activity or predominantly bearish pressure in the market.

Key Data Points

  • According to Coinglass, $7.76 million worth of XRP positions have faced liquidations over the last 24 hours.
  • Of this figure, long positions account for $6.57 million, representing 84.6% of the total. 
  • Short liquidations total $1.19 million, indicating that bearish traders have not felt as much impact as bullish ones.
  • The latest liquidations come on the back of the roadblock to XRP’s recovery effort, which has led to a 5% drop from the $2.2 high.

XRP Price Action Impacts Bullish Traders

After a disastrous close to 2025, marked by a 35% drop in the fourth quarter of the year, XRP and the rest of the crypto market engineered a recovery campaign on Jan. 1, with the XRP price rising from $1.84 to a two-month high of $2.41 by Jan. 6. 

However, XRP witnessed a roadblock at this peak as the broader market lost momentum. While the market began another rebound push on Sunday, Jan. 11, XRP jumped on the trend late, only seeing a 5.43% rise on Tuesday, and motivating bullish traders to open long positions, as they bet on a sustained rise.

Nonetheless, the uptrend was short-lived, leading to the $6.57 million worth of liquidations in the last 24 hours. Notably, most of these long liquidations, about $4.08 million or 62%, emerged in the last 24 hours, indicating that the latest price pullback occurred recently. For context, XRP has dropped 3.2% in the last 12 hours.

XRP Liquidations Coinglass
XRP Liquidations | Coinglass

Short Positions Now Dominate

Following these liquidations, most traders have flipped bearish on XRP, leading to a drop in the long/short ratio over the last 24 hours. Coinglass data confirms that this ratio has dropped to 0.9554, indicating that there are more short positions than long ones.

However, on Binance, the long/short ratio on accounts stands at 2.8226, showing that more accounts have long positions than short ones. The same trend appears on OKX, with the long/short ratio on accounts holding a value of 2.12.

XRP Futures Market Data Coinglass
XRP Futures Market Data | Coinglass

Meanwhile, traders have chosen to take a step back from the market, as they gauge the overall trend, leading to a drop in futures volume, open interest, and options volume. Specifically, the XRP futures volume has slumped 11.73% to $6.46 billion in the last 24 hours. Open Interest has also dropped 3.87% to $4.02 billion, with options volume crashing 21.14% to $4.31 million.

Top 100 Public Companies Holding Bitcoin Accumulate 5.2% of Supply

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The top 100 public companies that have adopted Bitcoin as a strategic reserve have accumulated over a million BTC tokens.

Specifically, BitcoinTreasuries data shows that these top Bitcoin treasury companies have bought 1,105,236 BTC, accounting for 5.26% of the cryptocurrency’s total supply. Notably, this also translates to 5.5% of the current Bitcoin circulating supply of 19.97 million.

Key Points

  • The top 100 public companies that have adopted Bitcoin as a strategic reserve have accumulated 1.105 million BTC, accounting for 5.26% of its total supply.
  • Strategy pioneered this trend among public companies and continues to lead the way, holding 687,410 BTC.
  • Marathon Digital, Twenty One Capital, Metaplanet, and the Bitcoin Standard Treasury Company made up the top five BTC-holding public companies, with a cumulative total of 161,887 BTC.
  • BitcoinTreasuries shows that public companies holding Bitcoin as treasury strategy has a total of 1,107,841 BTC.
  • Statistics show that public companies bought more Bitcoin than US ETFs in the first half of 2025.
  • The more companies adopt the treasury strategy, and the more existing public treasury companies accumulate, the scarcer Bitcoin becomes.

Stats for Public Companies on the Bitcoin HODL Strategy

Notably, Strategy pioneered this trend among public companies when it bought its first Bitcoin in 2020, led by executive chairman Michael Saylor’s die-hard belief in the premier asset. Since then, the firm has led the way and currently holds 687,410 BTC, worth over $66 billion at today’s market price.

Marathon Digital, Twenty One Capital, Metaplanet, and the Bitcoin Standard Treasury Company make up the top five public companies with Bitcoin in their balance sheets. Cumulatively, they hold 161,887 BTC, which contributes immensely to the category’s large Bitcoin balance.

Notably, the 1.105 million BTC reflects the holdings of the top 100 companies alone. BitcoinTreasuries shows that the total number of public companies holding Bitcoin as a treasury asset holds a total of 1,107,841 BTC.

Public Companies Holding Bitcoin/BitcoinTreasuries
Public Companies Holding Bitcoin/BitcoinTreasuries

Why This Matters for Bitcoin and Its Supply

Remarkably, statistics show that public companies bought more Bitcoin than US ETFs in the first half of 2025, accumulating $47.3 billion in the asset, compared with $31.7 billion in ETF net inflows.

While ETFs eventually overtook them on a full-year basis following the second-half inflow resurgence, this shows the impact that corporate institutional adoption has on Bitcoin’s supply. The more companies adopt this strategy, and the more existing public treasury companies accumulate, the scarcer Bitcoin becomes.

Remarkably, most of these companies are on a long-term Bitcoin hold strategy, meaning that over 5.5% of the asset’s supply will be locked up for a while. With several indicators pointing to an early institutional adoption phase, new supply tightening, and ETFs holding an even larger BTC stash (1,496,957 BTC), the BTC supply will naturally deplete in the future.

Possible Price Impact

Interestingly, basic economics shows that as supply tightens and demand rises, an asset’s price goes up with it. This applies to Bitcoin and has been the principle behind its growth over the years.

More acquisitions by public companies and other sources of buying pressure would eventually lead Bitcoin to reprice to higher valuations. Notably, there is no certainty that entities will sustain their current thirst for buying more Bitcoin.

There is also no guarantee that the pioneering cryptocurrency would claim higher prices, as it has proven volatile and somewhat unpredictable over the years.

XRP Overtakes Bitcoin to Become Most Traded Asset on Australia’s Biggest Crypto Exchange

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XRP has overtaken Bitcoin to become the most traded digital asset on BTC Markets, Australia’s largest local crypto exchange.

This was revealed in the platform’s newly released 2025 Investor Study Report. The development marks a notable shift in how Australian investors are engaging with the crypto market.

Key Facts

  • XRP surpassed Bitcoin to become the most traded asset on Australia’s largest crypto exchange, BTC Markets.
  • Strong community support and Ripple ODL ties helped drive XRP’s trading dominance in 2025.
  • Bitcoin remains the most widely held asset, even as traders focus more on utility-driven tokens.
  • Rising trade sizes and broader participation confirm a maturing Australian crypto investor base.

XRP Takes the Lead on Australia’s Largest Exchange

For the first time in four years, XRP surpassed Bitcoin in trading activity on BTC Markets. The exchange attributes this development to its role as an On-Demand Liquidity (ODL) partner with Ripple, alongside strong and sustained engagement from the Australian XRP community.

XRP community figure WrathofKahneman drew attention to the report in a post on X.

Notably, the report highlighted that Bitcoin posted an impressive 70% surge to a new all-time high in 2025, outperforming equities and gold. Yet trading data shows that investor attention on BTC Markets increasingly gravitated toward XRP during the financial year.

In 2025, XRP also delivered a strong performance at the start of the year, first soaring to $3.34 in January for the first time in eight years. By July 2025, it reached $3.66. Meanwhile, its price later dipped by roughly 50% to $1.80 by year-end.

Utility and Strategy Over Familiar Names

XRP’s rise reflects more than short-term momentum. Designed for fast, low-cost international payments, the asset continues to attract users focused on real-world utility.

Improved regulatory clarity and strong community momentum reinforced confidence, translating into higher trading activity.

Behind XRP and Bitcoin, Ethereum, Tether, and Solana rounded out the top five most traded assets on BTC Markets for FY24–25.

Notably, USDC dropped off the leaderboard, suggesting a gradual rotation away from capital-preservation assets toward tokens perceived to offer stronger upside or network activity.

BTC Market's 2025 Investor report showing XRP leading Bitcoin
BTC Market’s 2025 Investor report showing XRP leading Bitcoin

What Investors Hold vs. What They Trade

Despite XRP leading in trading volume, Bitcoin remains the most widely held crypto asset. BTC Markets’ national consumer study found that 68% of respondents own Bitcoin, underscoring its role as a long-term portfolio anchor.

This gap between holdings and trading activity suggests investors are comfortable trading utility-driven narratives while maintaining longer-term positions in BTC.

Ultimately, XRP’s emergence as the most traded asset on BTC Markets signals growing confidence in diversification and use-case-driven investments among Australian crypto participants.

The data suggests a market in transition in which investors are not abandoning Bitcoin, but are willing to look beyond it in search of utility, opportunity, and long-term value.

Maturing Investor Base Driving the Shift

Meanwhile, the report highlights a broader evolution in investor behavior across Australia. Over the 2024–2025 financial year, BTC Markets supported 374,000 Australians, with total trading volume reaching $4 billion.

Average trade sizes rose by 25%, while daily trade volumes increased by 17%, pointing to more deliberate and confident capital deployment.

Participation has also broadened, with older Australians, women, SMSFs, and sole traders entering the market in greater numbers and integrating crypto into structured portfolios rather than treating it as purely speculative exposure.

Senate Cancels Crypto Bill Markup After Coinbase Withdraws Support

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Momentum behind a major U.S. crypto regulation effort slowed this week after the Senate Banking Committee postponed action on its market structure bill.

The delay followed Coinbase’s public withdrawal of support and underscored disagreements that lawmakers were unable to resolve ahead of a scheduled committee vote.

Key Facts

  • The Senate Banking Committee canceled its planned markup on Thursday. 
  • The postponement was announced late Wednesday, with no new date set.
  • Coinbase withdrew its support for the bill on Wednesday after reviewing draft language. 
  • The legislation seeks to clarify federal oversight of U.S. crypto markets.
  • Disputes over stablecoin rewards and ethics provisions remain unresolved.

Why the Committee Paused the Process

The decision to delay came as doubts grew over whether the bill could advance in its current form. Chairman Tim Scott said negotiations are ongoing, but acknowledged that divisions among lawmakers and stakeholders made immediate action impractical.

In a statement, Scott emphasized that bipartisan discussions continue with industry participants and financial regulators. However, he conceded that key issues could not be settled in time for the committee’s planned meeting, prompting the late postponement.

Coinbase’s Withdrawal Raises Stakes

Although talks were already strained, Coinbase’s announcement brought fresh scrutiny to the bill’s shortcomings. On Wednesday, CEO Brian Armstrong said the company could no longer support the legislation after reviewing its provisions.

Armstrong cited multiple concerns, including restrictions on tokenized equities and expanded government access to records of decentralized finance. He also criticized changes that would diminish the Commodity Futures Trading Commission’s role in favor of the Securities and Exchange Commission.

Additional objections focused on proposed amendments affecting stablecoin rewards and competitive dynamics between banks and crypto firms.

Stablecoin Rewards Emerge as a Central Fault Line

Those objections intersect with one of the bill’s most contentious elements: stablecoin rewards programs. Large Wall Street banks have lobbied heavily against crypto yield products, arguing they pose risks to traditional banking models.

According to people familiar with the negotiations, that lobbying effort resonated with lawmakers in both parties. Consequently, Scott was unable to secure unanimous support from Republicans on his own committee, complicating the bill’s path forward.

Ethics Disputes Add Another Layer of Tension

Meanwhile, Democrats pressed for stronger ethics provisions to prevent senior government officials from personally profiting from crypto-related activities.

Negotiators said the White House, under President Donald Trump, rejected the proposals because they could affect his family’s financial interests. Scott responded on Wednesday that such matters fall under the jurisdiction of the Senate Ethics Committee, not the Banking Committee.

Industry Signals the Process Is Not Over

Despite the setback, industry leaders stressed that the delay does not mark the end of the legislative effort. Blockchain Association CEO Summer Mersinger described the pause as an opportunity for reassessment rather than failure. 

She said complex policy areas, such as digital asset market structure, often require additional time for refinement. That view reflects a broader belief that negotiations will continue behind the scenes.

What Comes Next for Crypto Regulation

Looking ahead, the Senate Agriculture Committee has already postponed its markup of a related crypto bill until later this month. Because both committees must advance legislation before a final bill can be assembled, progress now depends on parallel negotiations. 

The Banking Committee’s work remains a cornerstone of the broader U.S. push to regulate crypto markets. After years of lobbying and political spending, the current pause marks a pivotal moment. Ultimately, whether lawmakers can bridge the remaining gaps will determine the future shape of federal crypto oversight.

Over 25K Wallets Have Entered the XRP Rich List Amid XRP Price Rebound

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The XRP Rich List, an index of the richest XRP addresses, has welcomed over 25,000 wallets since December 2025 amid the ongoing XRP price rebound.

This is according to data from a community-driven XRPL on-chain data resource. Notably, this positive trend cuts across every address tier on the XRP Rich List, as retail investors return to the market on the back of the recovery push.

Such positive development is particularly important for XRP’s price momentum, as it creates stronger demand pressure that could help the crypto asset hold above important support levels like the $2 psychological mark and maintain the rebound effort until greater buy pressure arrives.

Key Data Points

  • The XRP Rich List has recorded an addition of 25,617 wallets since Dec. 17, 2025, marking one of the largest spikes within a month.
  • This increase impacted all ten address tiers on the rich list, from the top 0.1% to the top 10%, corresponding to the overall rise in total wallet addresses.
  • Total wallets holding XRP increased from 7.414 million to 7.513 million during the period under consideration.
  • Of the ten address tiers, the top 10% witnessed the largest spike in wallets, with a contribution of up to 9,924 addresses.
  • Amid this positive wallet trend, the XRP price has increased 14% to $2.1 since Dec. 17, 2025.

How Each Wallet Tier Contributed

For context, during a Dec. 17, 2025, report from The Crypto Basic on the prospect of investors retiring in 10 years after entering the XRP Rich List, the total number of addresses between the top 0.01% and the top 10% stood at 1,913,587, with the top 10% contributing 741,413 addresses.

Today, the total number of addresses has increased to 1,939,204, marking an increase of 25,617 within a month. Of this figure, the top 10%, which represents the lowest address tier, saw an increase of 9,924 wallets, the largest for any single percentile. Meanwhile, the top 5% and the top 4% respectively contributed 4,962 and 3,970 addresses.

XRP Rich List
XRP Rich List

Expectedly, the lowest contributions came from the most exclusive tiers, specifically the top 0.1% and 0.01%. While the top 0.01% added 100 wallets to its total, the top 0.1% only witnessed an addition of 11 wallets. This is natural, considering investors need to hold at least 296,836 XRP ($623,355) to enter the top 0.1%, and a whopping 3.834 million XRP ($8 million) to become a top 0.01% holder.

An Overall Increase in Total XRP Wallets Amid Price Rebound

The addition of over 25,000 addresses on the XRP Rich List comes amid an overall increase in the total addresses holding XRP. Notably, this metric has seen a steady upward trend since July 2024, during which the XRP Ledger has welcomed over 2.2 million wallets. 

Meanwhile, of these 2.2 million wallets, about 99,000 emerged over the past month alongside the addition of 25,000 wallets to the rich list. Specifically, as of Dec. 17, XRP boasted 7,414,131 wallets. Today, there are 7,513,364 wallets holding XRP, representing an increase of 99,233 addresses.

The rapid rise over the past month comes as the XRP price records an impressive rebound on the back of a broader market recovery. From the $1.84 low on Dec. 17, 2025, XRP has increased 14.1%, as it currently changes hands at $2.1 at press time. XRP is also up 14.23% this year, having added $15.97 billion to its market cap.

Dogecoin Prediction for Jan 14: Can DOGE Hold on Breakout Zones as Long Positions Dominate?

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Dogecoin has broken key resistance levels, but can it hold above support and sustain bullish momentum?

Notably, Dogecoin (DOGE) has recorded a strong bullish session over the past 24 hours, trading at $0.1483 after posting a 7.2% daily gain. The price action remained firmly bid throughout the session, with DOGE moving within a 24-hour range of $0.1384 to $0.1500, reflecting expanding volatility and renewed buying pressure.

The intraday chart shows a sharp upside impulse followed by consolidation above the mid-range. This suggests that buyers are defending recent gains rather than exiting aggressively.

From a performance perspective, DOGE has outperformed on multiple short-term timeframes. The asset is up 0.5% across seven days, and 20.7% over the past 14 days, confirming accelerating upside momentum in the near term. Over the past month, DOGE has gained 8.5%.

Whether this move extends further will likely depend on DOGE’s ability to hold above recent breakout zones. Can DOGE hold these zones?

Can Dogecoin Hold Breakout Zones

The 4-hour chart for Dogecoin shows a strong breakout above several key resistance zones. Dogecoin has surged past the 0.236, 0.382, and 0.5 Fibonacci levels, reaching and holding above the 0.618 retracement level around $0.1482.

Dogecoin Price Analysis
Dogecoin Price Analysis

This level now serves as crucial support, and the key question is whether DOGE can hold above it to sustain its bullish momentum for further upside.

Further, the RSI Divergence Indicator shown in the chart is highlighting a bearish divergence pattern, albeit being flat towards the end. Given that the RSI is currently at 67.41, it is near the overbought territory, which could signal that Dogecoin is at risk of a pullback if the bears prove stronger.

Ultimately, a sustained hold above the 0.618 support could lead to further breakouts, possibly targeting the next resistance at the 0.786 level near $0.15183. However, a failure to hold this support could result in a pullback towards lower Fibonacci levels like 0.5 or 0.382.

Dogecoin Longs Vs Shorts 

Elsewhere, the CoinGlass Long/Short ratio for Dogecoin shows a bullish sentiment in the market. On Binance, the DOGE/USDT ratio is 2.0211, indicating that more accounts on Binance are long DOGE.

Dogecoin Long/Short
Dogecoin Long/Short

This trend is confirmed by the Top Trader Long/Short ratio on Binance accounts, which stands at 2.5261, showing that top traders are also leaning towards long positions. Similarly, for OKX accounts, the ratio is 2.2, further supporting the overall bullish outlook for Dogecoin.

Data Shows Ethereum and Major Altcoins Repeating Last Cycle’s Trend

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Prominent market analyst Dan Gambardello shared several data points showing that Ethereum and other major altcoins are mirroring the trend of the last cycle.

Notably, the analyst compared the current market conditions to those of the previous cycle, highlighting structural, technical, and macroeconomic similarities. 

Interestingly, Gambardello’s analysis comes at a time when market enthusiasts are split on the next course of action for Bitcoin and altcoins. As a result, this straightens speculations and provides a clear context for the next market trajectory.

Key Points

  • Prominent market analyst Dan Gambardello shared several data points showing that Ethereum and major altcoins are mirroring the trend of the last cycle.
  • Gambardello’s analysis comes at a time when market enthusiasts are split on the next course of action for Bitcoin and altcoins.
  • The analyst stated that the current Ethereum structure closely resembles a shape from the 2019/2020 cycle.
  • Gambardello noted that the 2020 bull shared a similar storyline with the current market, including QE, black swan events, and PMI bottoming.
  • This correlation between the two cycles provides historical context for investors to watch. While history does not always repeat, it tends to rhyme.

Ethereum Structure Echoes 2020 Formation

The analyst started with the current Ethereum structure, which closely resembles a shape from 2019/2020. He noted that Ether is forming an inverse head-and-shoulders pattern on the weekly chart.

The left shoulder formed from September 2024’s dip to $2,150, the head from April 2025’s low of $1,385, and the right shoulder is still in work after a dip to $2,620 in November 2025. Meanwhile, the breakout neckline lies around the $5,300 price level.

The accompanying chart highlighted a similar formation between 2019 and 2020. While he noted it was not a H&S pattern, the structure looked much like the current market structure.

Ethereum Structure Mirrors Past Cycle/Dan Gambardello
Ethereum Structure Mirrors Past Cycle/Dan Gambardello

Similar Stories Behind Both Cycles

Further, Gambardello noted that the 2020 bull shared a similar storyline with the current market. For context, the US Federal Reserve began quantitative easing in March 2020, injecting liquidity into the US market. In response, Ethereum started an impulsive move, breaking out from around $530 in December 2020 to a high of $4,646 in May 2021.

This time, the US Fed announced the end of quantitative tightening (QT) in December 2025, marking the start of its balance sheet expansion. According to the analyst, this strengthens the narrative that Ethereum could mirror its rally from the previous cycle.

Moreover, both cycles have also had their own black swan events. In the previous cycle, it was the COVID-19 pandemic and tariff fears. In this cycle, it is the October 10, 2025, market wipeout and the persisting tariff drama. 

Additionally, the purchasing managers’ index (PMI) is bottoming out, as in the last cycle, adding to the analyst’s conviction. Gold and silver also topped around this time in the previous cycle, and analysts are suggesting that the end of the current bullish momentum would spark a rotation into cryptos.

Why Does This Matter for Ethereum and Altcoins

This correlation between the two cycles provides historical context for investors to make market predictions. While history does not always repeat, it tends to rhyme.

As a result, Ethereum may have more in the tank, with Gambardello suggesting an uptrend towards the $15,000 axis. It also clarifies the uncertainty around a possible extension of this bull market, a narrative that industry voices such as Bitwise CIO Matt Hougan and Binance co-founder Chanpeng “CZ” Zhao share.

For the mentioned assets, such as Cardano and Chainlink, it identifies the endless possibilities of holding them. Gambardello noted that these assets are like pre-bull levels, and a bullish wave would extensively benefit holders.

Risk Caveat

Notably, while Gambardello detailed these similarities, there is no guarantee that this cycle would mirror the 2020 bull run. The analysis is purely data-driven and, as such, investors should not confuse this as certainty as structures fail.

As a result, investors should conduct due diligence before taking any action, as this is not financial advice.