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Paul Atkins Says Most Crypto ICOs Are Beyond SEC Oversight

Zabi
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Paul Atkins Says Most Crypto ICOs Are Beyond SEC Oversight

SEC Chair Paul Atkins stated Tuesday that most initial coin offerings (ICOs) should not be classified as securities.

His comments indicate a potential regulatory shift that could reinvigorate a fundraising method long constrained by federal oversight.

Speaking at the Blockchain Association’s policy summit, Atkins noted that many ICOs fail to meet the legal criteria defining a security. Consequently, they fall outside the jurisdiction of the Securities and Exchange Commission.

He explained that these offerings involve token types that “do not fit” the agency’s definition of an investment product, placing them beyond the SEC’s reach.

Framework Behind the SEC Chair’s Position

Atkins based his remarks on a token taxonomy he introduced last month. The framework divides digital assets into four categories, distinguishing between those that function like investments and those that do not.

According to Atkins, three categories — network tokens, digital collectibles, and digital tools — do not exhibit the characteristics traditionally associated with securities. Consequently, they merit distinct regulatory treatment.

Only the fourth category, tokenized securities, falls squarely under existing SEC rules.

Atkins further suggested that oversight of the remaining categories fall under the Commodity Futures Trading Commission (CFTC). The commission has historically employed a lighter-touch regulatory approach.

Shift From Prior Enforcement Era

The chair’s remarks contrast with the SEC’s posture during the 2017 ICO boom. At that time, the agency pursued enforcement actions against several token issuers, alleging they conducted unregistered securities sales. Those cases pushed many firms away from ICO-based fundraising and reshaped the market.

Atkins’ latest comments suggest the agency may be open to revisiting that stance. His view also comes as lawmakers continue to debate a broader bill on crypto market structure that could formalize rules for token issuance.

Implications for Token Issuers

If adopted, the approach outlined by Atkins could give companies more flexibility when launching token-based fundraising campaigns.

Under his taxonomy, many tokens tied to decentralized networks, internet trends, or practical functions, such as memberships or access tools, would not trigger securities requirements. That distinction could reduce compliance burdens and encourage the introduction of new offerings.

Atkins also highlighted the SEC’s “Project Crypto” initiative, which he discussed in July. He said the program could introduce exemptions and safe harbors that support compliant token launches, offering firms a clearer path toward raising capital.

Industry Moves Ahead of Regulation

Meanwhile, several companies are advancing their own ICO strategies even without new legislation. 

Last month, Coinbase launched a platform for U.S. token offerings following its October acquisition of fundraising firm Echo for $375 million. Tokens issued through the service are available to U.S. retail users, reflecting renewed interest in ICO activity across the sector.

Bitwise Says XRP to Reshape How Money Moves Worldwide

Abdulkarim Abdulwahab
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Bitwise Says XRP to Reshape How Money Moves Worldwide

Bitwise Asset Management has spotlighted XRP as a transformational force in global payments.

In a Tuesday tweet, the firm reinforced the token’s rise in institutional portfolios and its growing presence across U.S. crypto ETFs. “XRP is a crypto asset with the potential to reshape how money moves worldwide,” Bitwise noted.

Notably, the comments come as XRP emerges as to the third-largest position in the Bitwise 10 Crypto Index ETF (NYSE: BITW). This marks another milestone in its accelerating adoption cycle.

XRP in Bitwise 10 Crypto Index ETF

In the announcement, the firm confirmed that XRP is now a core component of its flagship product, the Bitwise 10 Crypto Index ETF. This index fund holds the top assets in the market, weighted by market cap.

As of December 9, 2025, BITW reported $1.25 billion AUM, with XRP representing 5.17% of the fund. Bitcoin leads at 74.3%, followed by Ethereum at 15.54%, while Solana comes in at 3.06%. Other assets, including Cardano, Chainlink, Litecoin, Sui, Avalanche, and Polkadot, each hold less than 1%.

Bitwise describes BITW as a way for investors to gain broad, diversified exposure without needing to predict which crypto assets will dominate next. The fund tracks the 10 largest crypto assets and applies technical, liquidity, custody, and regulatory screens to reduce risk.

The index is monitored daily and rebalanced monthly. Its inclusion of XRP reflects what Bitwise says is the asset’s renewed momentum and industry relevance.

Bitwise XRP ETF Nears $200M With Daily Inflows

Alongside BITW, Bitwise’s standalone spot XRP ETF has emerged as one of the most consistent performers among new crypto ETFs. The product launched on November 20 and has recorded inflows every single trading day since inception. As of the latest update:

  • Cumulative inflow: $192.76 million
  • Total assets: $199.86 million
  • Estimated XRP holdings: ~100 million XRP

The persistence of inflows confirms institutional interest and supports Bitwise’s view that XRP is entering a new phase of adoption.

Institutional Demand Pushes XRP ETFs Toward $1B

XRP’s ETF expansion is now accelerating at historic speed. As of today, XRP ETFs are less than $60 million away from crossing the $1 billion milestone in cumulative inflows. The outcome makes them the fastest spot crypto ETFs to approach this level since Ethereum’s products launched in 2024.

Canary Capital CEO Steven McClurg described the surge as a clear sign of institutional conviction. He said his firm recognized the demand early and consequently launched the first pure XRP spot ETF.

Meanwhile, McClurg ties XRP’s ETF momentum to the parallel rise of Ripple’s new stablecoin, RLUSD, which he believes will surpass existing stablecoins under Ripple’s leadership. To him, the performance of XRP ETFs and RLUSD reflects deeper institutional engagement with the Ripple ecosystem.

Ripple CEO Brad Garlinghouse added that XRP’s rapid ascent shows two things: investors have long awaited regulated crypto exposure, and community enthusiasm remains a core driver for new capital entering through traditional platforms.

Ultimately, with a top-three placement in BITW, consistent ETF inflows, and heightened institutional interest, XRP is cementing itself as one of the fastest-growing regulated crypto investment products in the U.S. market.

Solana Says Time To Flip the Switch, References Two XRP Symbolisms

Mark Brennan
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Solana Says Time To Flip the Switch, References Two XRP Symbolisms

The official Solana account recently referenced two historical symbolisms from the XRP community, leading to reactions from community members.

While the Solana and XRP communities have long viewed each other as rivals, both sides have largely avoided direct acknowledgments. This changed when the official Solana account, in a series of posts on X, made an unexpected nod to XRP community symbolism.

Solana References XRP Castle Illustration

The account shared a castle illustration originally created and circulated in 2018 by XRP community figure Bearableguy123. The original artwork showed three castles: two at the same height representing BTC and USD, and a taller one representing XRP rising above them.

Original XRP Castle Illustration from Bearableguy
Original XRP Castle Illustration from Bearableguy

Bearableguy intentionally left the imagery open to interpretation. Notably, one XRP community member said the illustration indicated the pundit’s personal view of a coming “new order,” and suggested that the three towers were its primary message. 

Possible Interpretation

According to this interpretation, the towers share the same structure to show that Bitcoin, XRP, and the U.S. dollar all function as stores of value at their foundation. 

However, he noted that the suited arm in the dollar tower signified government and banking control, while the empty windows in the Bitcoin and XRP towers suggested independence from those institutions.

The commenter also suggested that the phoenix on the Bitcoin tower symbolized its boom-and-bust cycle, and the ouroboros on the dollar tower referenced the recurring rise and fall of financial empires shaped by banks and governments. 

In contrast, he pointed out that XRP’s tower carried no Greek symbol and featured a larger, sturdier flag. According to him, this indicated a move away from the traditional banking model toward something stronger and more stable.

Interestingly, Solana’s version of the image replaced XRP with Solana as the tallest tower and moved XRP to the position associated with USD, symbolizing a system under corporate control. “Time to flip the switch,” Solana said, also referencing comments within the XRP community. These changes did not sit well with community figures.

Solana's Version
Solana’s Version

Solana References the “XRP to 589” Symbol

The recent castle imagery came after an initial nod to another XRP community symbolism. Notably, the first reference came up when Solana’s official account posted a simple “589.” 

Within the XRP community, this number carries a long history connected to Bearableguy, who gained popularity in 2018. He built a large following by sharing mysterious illustrations and riddles across social media and online forums. Many of his posts pointed toward the idea that XRP could one day reach a price of $589. 

Interestingly, his puzzles often included details that felt unusually informed, leading to some community members suggesting that Ripple’s CTO, David Schwartz, might actually run the account. They believed the hints aligned too closely with XRPL updates and development timelines to be random.

Meanwhile, the “589” idea took on a life of its own after a fake Simpsons screenshot started circulating online. The image showed Bart writing “XRP to hit $589+ by EOY” on a chalkboard. Despite reports confirming the screenshot was fabricated, the meme spread and helped turn “589” into a lasting inside joke and symbol within the XRP community.

As a result, Solana’s nod drew reactions from several XRP community figures. For instance, Vet, an XRPL dUNL validator, replied to the post and humorously described the remark as “cultural appropriation,” implying that Solana had borrowed a symbol that belongs to the XRP community.

Notably, Solana’s posts come on the heels of the forthcoming Solana Breakpoint conference scheduled for Dec. 11 to 13 in Abu Dhabi. With the XRP community regarded as one of the most active in the crypto space, these hints may merely represent an effort from the Solana account to take advantage of the publicity that comes with XRP references.

US Regulator Clears Path for Banks to Offer Riskless Crypto Trades

Zabi
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0
US Regulator Clears Path for Banks to Offer Riskless Crypto Trades

The U.S. Office of the Comptroller of the Currency (OCC) has issued guidance permitting national banks to engage in cryptocurrency transactions as intermediaries without assuming market risk.

Under the clarification, banks may facilitate trades between clients without holding digital assets on their own balance sheets.

The decision represents a significant step toward integrating regulated cryptocurrency brokerage services into the mainstream banking system.

OCC Outlines How Banks Can Intermediate Crypto Trades

The interpretive letter, released Tuesday, explains that banks may execute a cryptocurrency transaction on behalf of one client while concurrently entering a corresponding trade with another. In effect, this approach mirrors the long-standing model used for riskless principal transactions in traditional markets.

Building on this explanation, the OCC notes that several applicants believe the framework could expand client access to digital assets. By enabling customers to transact through regulated institutions, the agency states that banks can offer an alternative to less-regulated cryptocurrency platforms.

Conditions and Risk Controls Required by Regulators

Additionally, the agency emphasizes that banks must ensure any crypto activity is legally permissible and consistent with their chartered authority. Institutions must also maintain systems to monitor compliance, operational pressures, and market exposure.

The letter highlights counterparty credit risk, especially during settlement, as the primary concern in these transactions. However, the OCC points out that banks routinely manage such risks and have established processes to handle them effectively.

Legal Basis for the Guidance

To support its interpretation, the OCC cites 12 U.S.C. § 24, which authorizes national banks to conduct riskless principal transactions as part of their core business activities.

Moreover, this foundation helps distinguish between digital assets that qualify as securities and those that do not. Indeed, riskless trades involving securities were already recognized as lawful under existing rules.

The agency emphasizes that the letter provides non-binding guidance intended to clarify the scope of activities permitted under current law rather than impose new regulatory obligations.

Comments From OCC Leadership

The guidance closely follows remarks by OCC head Jonathan Gould, delivered one day earlier. His comments reinforce the agency’s view that crypto firms seeking a federal charter should be evaluated on the same terms as traditional financial institutions.

Gould argued that the banking system is capable of adapting to emerging technologies. He added that this capacity is reinforced by the decades of experience banks have in providing electronic custody services.

Shift in Federal Approach to Digital Assets

The guidance comes amid a broader change in Washington’s approach to the sector. Industry groups had previously accused regulators under the Biden administration of subjecting banks that served crypto clients to heightened scrutiny. This approach has been widely referred to as “Operation Choke Point 2.0.”

By contrast, since President Donald Trump took office in January, the federal government has shown a more permissive stance toward digital assets, aligning with his pledge to support the industry.

Bitcoin Advisor Says Shiba Inu Is Dead Unless This Happens

Lele Jima
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0
Bitcoin Advisor Says Shiba Inu Is Dead Unless This Happens

A prominent Bitcoin advisor has warned the Shiba Inu community that SHIB is dead unless it rebounds to a crucial support zone. 

As the broader crypto market anticipates a significant recovery, BingX Bitcoin advisor Nebraskan Gooner argues that Shiba Inu’s long-term outlook hinges on reclaiming a key price region.

“SHIB Is Dead”

In an analysis posted on X yesterday, Gooner stated that Shiba Inu is effectively dead unless the token climbs back into the zone highlighted in red on his chart. The chart shows this key region as a horizontal band between $0.000014 and $0.00001, marked in red.

Notably, this zone previously served as a multi-year support area where SHIB repeatedly consolidated and bounced.

Image

Notably, Shiba Inu recorded one of its strongest surges after tapping this region in early March 2024, when the asset rallied to $0.000045. Since then, SHIB has dropped sharply from that high, revisiting the support band between $0.000014 and $0.00001 earlier this year.

However, the token has traded below this zone for most of Q4 2025. Losing such a major support level often signals trend exhaustion or the beginning of a deeper bearish phase. Once a key support area, such as the one highlighted by Gooner, is broken, it often flips into strong resistance, making any upward recovery significantly more difficult.

Consequently, Gooner argues that if Shiba Inu fails to rebound into this crucial area, the token is effectively “dead,” as any potential rally may struggle to gain momentum.

Major Recovery Still Possible for Shiba Inu

At press time, Shiba Inu traded at $0.000008618, sitting 33–38% below the $0.000013–$0.000014 support range. Although SHIB is up 1.78% in the past 24 hours, it remains down 0.63% over the past week.

Meanwhile, crypto market participants commenting on Gooner’s post noted that SHIB is not alone in this trend, arguing that most altcoins appear stalled or “dead” during the current market phase. One user suggested that SHIB’s chances of recovering may remain limited until altcoin season begins.

Still, several community members believe SHIB could replicate its remarkable 2021 run if the project’s team executes key changes.

According to Zach Humphries, the Shiba Inu team must refocus every ecosystem initiative around SHIB, position the token to capture the next wave of retail interest, and develop a clear, actionable roadmap to revive the momentum that fueled its 2021 surge.

Can Bitcoin Help SHIB?

Although Shiba Inu has traded below $0.00001 for several weeks, the token could still recover if Bitcoin rallies above $100,000. Recently, analysts such as Captain Faibik predicted that Bitcoin might rebound to $125,000 from the $90,000 region later this week.

Bernstein analysts have also projected that Bitcoin could reach a new peak of $150,000 in 2026. Historically, sharp BTC surges often trigger broader market momentum, typically lifting assets like SHIB.

However, uncertainty remains, as the market could turn fully bearish next year, according to analysts like Peter Brandt.

Expert Says XRP Has Already Made It — No Longer Any Need to Question Whether XRP Will Succeed

Lele Jima
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0
Expert Says XRP Has Already Made It — No Longer Any Need to Question Whether XRP Will Succeed

XRP YouTuber Moon Lambo emphasizes that XRP has already established itself as a long-term, legitimate player in the crypto sector. 

Taking to X yesterday, Moon Lambo reaffirmed his longstanding conviction about XRP, stating that the token is an obvious early winner in crypto. In his view, XRP has already demonstrated long-term survival and success, especially compared to many newer, unproven assets.

Debate Over XRP Survival Now Irrelevant

Accordingly, Moon Lambo argued that the debate over whether XRP will survive in the long term is now irrelevant. His conviction stems from the fact that XRP has survived for more than 13 years, from 2012 to 2025.

With the token still in existence, actively traded on major exchanges, and now part of the U.S. spot ETF market, he stressed that XRP’s fundamentals have never been stronger.

Notably, his remarks came in response to Ripple CEO Brad Garlinghouse’s celebration of XRP’s milestone as the fastest U.S. crypto spot ETF, since Ethereum, to reach $1 billion in AUM.

According to Garlinghouse, the spot XRP ETF reached the $1 billion AUM milestone in under four weeks. For context, Canary Capital launched the first full spot XRP ETF on November 13. Days later, three additional U.S. launches from Franklin, Bitwise, and Grayscale went live.

While Garlinghouse reported that these ETFs have collectively hit $1 billion, data from SoSoValue indicates that the net assets of XRP ETFs currently stand at $938 million.

World Now Recognizes XRP’s Value

In his commentary, Garlinghouse emphasized rising demand for regulated crypto products in the U.S., citing Vanguard’s recent support as a key example. He also highlighted that community, stability, and longevity remain underrated yet critical factors for this new wave of crypto holders.

In parallel, Moon Lambo noted that the Ripple CEO’s statement reflects a turning point in market perception. He argued that the rest of the world, including institutions, corporations, and Wall Street, is finally recognizing XRP’s value and potential.

Moon Lambo believes the fast success of XRP spot ETFs shows that mainstream interest matches the community’s long-held belief in the token’s utility, resilience, and long-term value.

Community Reacts

Meanwhile, Moon Lambo’s commentary sparked widespread reactions across the XRP community, with most users agreeing with his view.

Responding, pro-XRP lawyer Bill Morgan indicated that he partially agrees that XRP’s fundamentals have strengthened but emphasized that the ecosystem still needs more progress.

Another community member celebrated XRP’s ability to remain in the top 10 crypto rankings for 13 years. Meanwhile, another commented noted that despite persistent FUD, investor demand for XRP continues to show.

In addition, a long-term XRP supporter expressed excitement that spot ETFs linked to XRP are helping bring the asset to a broader audience. They insisted that XRP’s fundamentals have always been solid and argued that millions of new investors are now discovering the token.

However, some users challenged Moon Lambo’s claim. One directly countered the “XRP made it” statement, arguing that the current price does not support such a conclusion. Another pointed out that despite the optimism, major asset managers such as BlackRock and VanEck have yet to file for spot XRP ETFs.

Here’s Why XRP Targets of $7, $12, and $15 Don’t Look Crazy: Analyst

Mark Brennan
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Here’s Why XRP Targets of $7, $12, and $15 Don’t Look Crazy: Analyst

While XRP has faced bearish pressure, analyst EGRAG Crypto recently suggested that higher long-term targets look reasonable when considering XRP’s fractal structure.

Notably, XRP continues to struggle alongside the rest of the crypto market, having held a downward trend for several months. Since August 2025, the crypto token has fallen 34.53%, with three bearish monthly closes out of four. 

XRP Remains Bullish Despite Short-Term Noise

December also shows another 2.91% drop so far, with XRP on track to record a fourth bearish monthly close. However, despite this weakness, market analyst EGRAG Crypto still argues that XRP’s long-term setup points toward strength rather than exhaustion.

In his latest analysis, he called attention to a large fractal that has continued to develop on the weekly chart. The market pundit explained that XRP has spent a long stretch building a broad sideways base and that the market refused to break down until very recently. 

EGRAG believes this behavior is typical of an accumulation phase, not a topping structure. Currently, XRP changes hands around $2.08 and sits just above an important weekly support level of around $2. The analyst insists that XRP would maintain its bullish roadmap as long as it protects this level.

XRP Following a Long-Term Fractal

Data from his chart shows a large fractal box representing a past consolidation or accumulation phase and a subsequent breakout. Interestingly, he also presented a yellow outline that shows the projected path if the same structure repeats.

For context, the past consolidation (accumulation) began in November 2023, when XRP traded for $0.66 and lasted until November 2024. During this phase, XRP ranged between $0.4 and $0.6 until it broke out in November 2024, leading to the expansion that pushed its price above $2.

XRP 1W Chart EGRAG Crypto
XRP 1W Chart EGRAG Crypto

EGRAG believes XRP may be following the same fractal. According to him, XRP already completed the accumulation period, as it ranged between $2 and $3 from January to December 2025. The analyst noted that the next stage is the expansion phase. According to him, this timing aligns with what he considers the mid-2025 to 2026 extended crypto cycle. 

Data from his chart shows a projected rally that could drive XRP toward the $14.82 to $15.70 region. Based on this setup, he argues that targets at $7, $12, and $15 do not look “crazy” when traders zoom out and study how XRP behaves during its stronger moves. 

For context, XRP would need to surge between 236% and 621% to reach the $7 to $15 price range. EGRAG added that XRP often moves quickly once it snaps out of long sideways phases, which makes these levels achievable if momentum returns.

Risks to Consider

However, despite his bullish outlook, EGRAG asked traders to stay realistic about fractal analysis, mentioning five risks that come with the analysis. Specifically, he warned that markets never repeat perfectly and that traders can easily force patterns that do not belong. 

He also stressed that liquidity changes from cycle to cycle, macro events can disrupt timing, and fixating on targets can distract traders from important structural signals. According to EGRAG, fractals only show what might happen, not what must happen, and they naturally carry heavy bias.

Despite those warnings, he maintains that XRP still holds a constructive setup on the higher-timeframe chart. As long as XRP keeps the weekly price above the $2 zone, EGRAG expects the long-term structure to stay intact.

Expert Predicts When XRP Big Move Will Be Confirmed

Abdulkarim Abdulwahab
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0
Expert Predicts When XRP Big Move Will Be Confirmed

Market commentator Zach Rector has doubled down on his view that the next major move for XRP will occur before the Clarity Act becomes law.

He asserts that markets move on expectations, not official documents. Rector argues that anyone waiting for XRP to take off only after President Trump signs the Act is ignoring a classic crypto pattern: “buy the rumor, sell the news.”

Accordingly, Rector suggests that by the time the bill reaches the President’s desk, XRP’s breakout will likely have already happened. Specifically, Rector claimed the market will “absolutely” see a run-up in XRP before the Clarity Act goes live.

Congress at Crucial Window for Clarity Act

The discussion comes as Washington enters a decisive stretch. According to a report from Crypto in America, the Senate Banking Committee is pushing to finalize its market structure bill before a possible review next week.

A recent bipartisan meeting reportedly went well, with the main remaining issues being ethics and the classification of digital assets.

The Senate Agriculture Committee, which oversees the CFTC, has not yet scheduled its own review. With Congress approaching its holiday break, both committees are racing to finalize rules that will guide crypto oversight.

This effort ties into the Clarity Act, which has passed the House and is now waiting in the Senate. But Rector says that even if the bill doesn’t move before year-end, the market will not stay idle.

History “Shows” XRP Doesn’t Wait for Laws

In a separate commentary, Rector argued that XRP has a history of staging extraordinary price moves before regulatory milestones. He cited a recent example in which XRP posted one of the largest rallies in recent memory before an official U.S. regulatory announcement on crypto assets.

Beginning in November 2024, shortly after Donald Trump won the U.S. election, XRP climbed from roughly $0.50 to $3.40 by mid-January 2025. This move was a 580% surge. XRP later reached $3.66 in July 2025, marking a roughly 650% increase from pre-election levels.

According to Rector, these remarkable gains happened “without any law,” suggesting the surge was independent of regulatory developments.

Meanwhile, during this time, the Ripple lawsuit concluded, former SEC Chairman Gary Gensler resigned, and President Trump signed the Genius Act into law the same month XRP reached $3.66.

While Rector sought to suggest otherwise, XRP’s price movement from November 2024 to July 2025 was indeed bolstered by several regulatory milestones. Notably, the Clarity Act had not yet entered serious Senate discussions during XRP’s rally.

How Much Does the Clarity Act Matter?

Many XRP community members argue that another explosive move cannot occur until the Clarity Act becomes law. Some believe ETFs and other market drivers will have a limited impact until the Act is finalized.

However, according to Rector, delays in the Clarity Act may have held XRP back this year, but the bill is a catalyst, not a requirement. He warns that waiting for full regulatory certainty before buying XRP could mean missing the start of a breakout.

He’s especially concerned about investors who “tune out” until the law passes, as they might end up with smaller positions or miss the move entirely.

For now, the Senate Committees are making efforts to achieve early passage of the Clarity Act by 2026.

Binance Founder CZ Says Bitcoin Could Be Entering a ‘Supercycle’

Zabi
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0
Binance Founder CZ Says Bitcoin Could Be Entering a ‘Supercycle’

Binance founder Changpeng Zhao (CZ) told attendees at BitcoinMENA 2025 that BTC may no longer follow its familiar four-year cycle.

He suggests the market could be moving into a supercycle driven by deeper institutional participation. CZ delivered his remarks at the ADNEC Centre in Abu Dhabi, where BitcoinMENA ran from 8 to 9 December.

The event, organised by ADNEC Group and BTC Inc, attracted developers, investors, and industry leaders.

Interest in CZ’s session was notably high. An X post from Pushpendra Singh, co-founder of Smart View AI, reported that the hall was fully booked, underscoring CZ’s continued influence in the crypto sector.

Remarks Follow Earlier Bullish Forecast

CZ’s latest comments build on predictions he made in May during an interview with Farokh Radio.

At the time, he expected Bitcoin to surge to $500,000–$1 million during the current cycle. He also suggested the total crypto market value could reach $5 trillion by year-end.

He linked his forecast to rising interest from institutions and pointed to US Bitcoin ETFs as early signs of broader Wall Street engagement.

Bernstein Analysts Support the Cycle Shift

Earlier this week, analysts at Bernstein released a similar assessment on Bitcoin. They argued that BTC has likely moved beyond its traditional halving-driven pattern and has entered a longer bull phase. 

Their updated projections place Bitcoin at $150,000 in 2026, with a potential peak of $200,000 in 2027.

Bernstein said the market now relies more on institutional flows than retail speculation, a shift that has helped steady price action despite sharp swings.

To support this view, Bernstein pointed to behavior during the recent market pullback. Bitcoin fell from above $126,000 into the $80,000 range, yet spot Bitcoin ETFs recorded only about 5% in outflows. 

Analysts noted that this contrast highlighted a maturing asset base, with long-term holders remaining steady amid significant volatility.

As of press time, Bitcoin is trading at $90,536, up 1.3% over the past week.

Analyst Says XRP 3D RSI Looks “So Ready to Turn Up”

Mark Brennan
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0
Analyst Says XRP 3D RSI Looks “So Ready to Turn Up”

While XRP has struggled alongside the broader crypto market, an analyst suggests the 3-day RSI points to an imminent price upsurge.

Notably, the XRP price has failed to meet expectations over the last few weeks, as traders continue to wait for a solid rebound push that has failed to materialize. Since early October, each attempt at a recovery has faced a roadblock at lower resistance levels.

Specifically, when XRP staged a recovery in late September, it met a roadblock at the $3.09 resistance on Oct. 3. After a pullback, the next recovery met a roadblock at $2.69 on Oct. 27. From here, the next rebound effort faced a roadblock at $2.58 on Nov. 10. After this, the next roadblock stood at $2.28 on Nov. 24. Now, the latest roadblock came up at $2.21 on Dec. 4.

XRP seeing roadblocks at lower levels
XRP seeing roadblocks at lower levels

XRP 3D RSI Drops to November 2024 Lows

Despite this discouraging trend alongside a drop in bullish momentum, market analyst CryptoInsightUK remains confident that a full-blown XRP rebound may be imminent. He called attention to the signals from the 3-day timeframe, specifically pointing to the relative strength index (RSI). 

For the uninitiated, the RSI typically tracks how quickly and strongly the price of an asset moves. While extreme figures show whether the asset is oversold or overbought, the direction of the RSI, whether up or down, also indicates whether the bears or the bulls dominate the market.

Since July 2025, when XRP reached the $3.66 top, the 3-day RSI has continued to trend down, confirming that the bears have had control of the market within this period. Amid this downturn, the RSI has collapsed to a low of 39, marking its lowest level since November 2024.

An Imminent Upsurge?

Interestingly, when the 3-day RSI saw this low back then, what followed was an impressive price surge for XRP, which resulted in a 580% uptick from $0.5 in November 2024 to $3.4 in January 2025. Expectedly, the RSI also surged alongside this price rally, indicating that the bulls had dominated the overall trend.

XRP 3D RSI CryptoInsightUK
XRP 3D RSI | CryptoInsightUK

CryptoInsightUK’s analysis indicates that XRP may be gearing up for a similar upsurge. According to the market analyst, the 3-day RSI seems ready to “turn up” from the current position. While he failed to share any price targets for this imminent upsurge, if XRP replicated only half of the 580% rise last year, its price could rise from the current $2.06 to around $8.

Notably, CryptoInsightUK is not the only market commentator confident of a possible XRP rebound. Pundit Zach Rector also recently dismissed claims that XRP may not see any reasonable uptick before the U.S. Clarity Act becomes law, noting that the token has already demonstrated its penchant for growth “without a u laws.”

Meanwhile, crypto analyst Tara suggested in a recent market commentary that XRP must breach two resistance levels around $2.18 and $2.3 before soaring to higher levels around $2.73, which marked her Wave 3 high.

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