Researchers said Kalshi’s “rich intraday dynamics” enable it to measure 
expectations in real-time when major financial events and announcements are 
made.

Kalshi data could inform Federal Reserve policy: Fed researchers

New Yorkers face escalating “pig butchering” investment scams draining life 
savings through fake crypto platforms, prompting Attorney General Letitia 
James to issue a stark warning and prevention guide as fraudsters deploy 
increasingly sophisticated digital tactics. ‘Pig Butchering’ Scams Cost 
Victims Thousands to Millions, NY AG Says Consumer protection efforts continue 
to target evolving financial fraud […]

NY Attorney General Warns of ‘Pig Butchering’ Scams as Crypto Fraud Losses Surge

XRP price extended losses and traded below $1.4320. The price is now 
consolidating losses but faces hurdles near $1.4750 and $1.50. XRP price 
started another decline and traded below the $1.450 zone. The price is now 
trading below $1.450 and the 100-hourly Simple Moving Average. There is a 
declining channel forming with resistance at $1.480 on the hourly chart of the 
XRP/USD pair (data source from Kraken). The pair could continue to move down 
if it stays below $1.50. XRP Price Extends Decline XRP price failed to stay 
above $1.480 and extended its decline, like Bitcoin and Ethereum. The price 
declined below $1.4650 and $1.450 to enter a short-term bearish zone. The 
price even extended losses below $1.4320. A low was formed at $1.4102, and the 
price is now consolidating losses. There was a minor upward move toward the 
23.6% Fib retracement level of the downward move from the $1.5119 swing high 
to the $1.4102 low. The price is now trading below $1.450 and the 100-hourly 
Simple Moving Average. If there is a fresh recovery move, the price might face 
resistance near the $1.450 level. The first major resistance is near the 
$1.4620 level or the 50% Fib retracement level of the downward move from the 
$1.5119 swing high to the $1.4102 low. The main resistance could be $1.480. 
There is also a declining channel forming with resistance at $1.480 on the 
hourly chart of the XRP/USD pair. A close above $1.480 could send the price to 
$1.50. The next hurdle sits at $1.5250. A clear move above the $1.5250 
resistance might send the price toward the $1.550 resistance. Any more gains 
might send the price toward the $1.5880 resistance. The next major hurdle for 
the bulls might be near $1.60. More Losses? If XRP fails to clear the $1.480 
resistance zone, it could start a fresh decline. Initial support on the 
downside is near the $1.4165 level. The next major support is near the $1.410 
level. If there is a downside break and a close below the $1.410 level, the 
price might continue to decline toward $1.40. The next major support sits near 
the $1.3850 zone, below which the price could continue lower toward $1.350. 
Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in 
the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD 
is now below the 50 level. Major Support Levels – $1.4165 and $1.4100. Major 
Resistance Levels – $1.4500 and $1.4800.

XRP Price Downtrend Deepens With Limited Signs Of Relief

Ethereum is attempting to push back above the $2,000 level as the broader 
crypto market navigates persistent uncertainty and ongoing selling pressure. 
Recent price action reflects a fragile recovery effort rather than a confirmed 
trend reversal, with volatility remaining elevated and traders cautious after 
months of corrective momentum. The $2,000 threshold has become a key 
psychological and technical battleground, shaping short-term sentiment as 
investors evaluate liquidity conditions, macro signals, and derivatives 
positioning. Related Reading: Is Bitcoin Supply Moving To Strong Hands? Whale 
Data Suggest Structural Shift A recent CryptoQuant analysis offers additional 
insight into evolving market dynamics, particularly within Ethereum’s 
derivatives landscape. Data tracking the Estimated Leverage Ratio on Binance 
shows a clear shift in trader behavior. The indicator recently dropped to 
around 0.557, marking its lowest reading since last December. This decline 
follows a period of heightened leverage, when the ratio peaked near 0.675, 
reflecting a more aggressive risk environment earlier in the cycle. The 
reduction in leverage suggests traders are scaling back risk exposure, closing 
highly leveraged positions, or moving toward more conservative strategies. 
Such transitions often occur during consolidation phases, when markets attempt 
to stabilize after volatility spikes. Declining Leverage Points To Potential 
Market Stabilization The analyst further notes that the recent decline in 
Ethereum’s estimated leverage ratio reflects a broader reduction in 
speculative risk across the derivatives market. Lower leverage typically 
indicates that traders are trimming highly leveraged positions or closing them 
altogether, shifting toward more conservative exposure. Historically, such 
deleveraging phases have often preceded the formation of new price bases, as 
market participants prioritize capital preservation over short-term 
speculative gains. The drop from roughly 0.675 to around 0.557 is therefore 
not simply a minor technical fluctuation. Instead, it signals a meaningful 
shift in market sentiment. Periods characterized by elevated leverage tend to 
amplify volatility and increase the probability of abrupt liquidations. 
Conversely, declining leverage generally corresponds with calmer market 
conditions, where price movements are less driven by forced liquidations and 
more by underlying demand dynamics. From a medium-term perspective, this 
transition may be constructive. Reduced leverage can create a healthier 
foundation for price discovery, particularly if accompanied by strengthening 
spot demand. In this context, the combination of lower leverage readings and 
relatively stable price action suggests the market could be undergoing a 
consolidation or repositioning phase. Such environments often precede more 
decisive directional moves once liquidity and sentiment conditions align. 
Related Reading: Bitcoin Miners Pull 36K BTC From Exchanges In Weeks: What 
Comes Next? Ethereum Price Remains Under Pressure Below Key Averages Ethereum 
continues to trade near the $2,000 level after a sharp corrective move that 
followed its late-2025 highs. The chart shows a clear bearish structure, with 
price consistently printing lower highs since the October peak while failing 
to sustain recoveries above key moving averages. Recent attempts to stabilize 
have produced only shallow rebounds, indicating persistent selling pressure 
and cautious market positioning. Notably, ETH remains below its short-, 
medium-, and long-term moving averages, which are all trending downward. This 
alignment typically reflects sustained bearish momentum and suggests that 
rallies may continue to face resistance unless the price can reclaim these 
levels decisively. The 200-day moving average, currently well above spot 
price, stands out as a major structural resistance zone. Related Reading: 
Ethereum Whale Losses Mirror Past Bottoms: Accumulation Continues Despite 
Pressure Volume data also provides context. The most recent sell-off was 
accompanied by a noticeable spike in trading activity, often associated with 
liquidation events or accelerated distribution. Since then, volume has 
moderated, consistent with a consolidation phase rather than an immediate 
reversal. From a technical perspective, the $1,900–$2,000 range now acts as a 
short-term stabilization zone. However, failure to hold this area could expose 
lower support levels, while a sustained break above nearby resistance would be 
needed to signal improving momentum. Featured image from ChatGPT, chart from 
TradingView.com

Ethereum’s Leverage Reset Clears The Path For A Healthy Rebound – Analyst

Senator Elizabeth Warren said it was “deeply unclear” if the US government has 
plans to intervene in the current Bitcoin selloff.

Cryptocurrency price in CLP