ARK Invest increased exposure to Robinhood, Circle, BitMine, Bullish and other 
crypto-linked firms within several innovation and fintech-focused ETFs this 
week.

Cathie Wood’s ARK boosts crypto shares amid stock pullback

Galaxy’s Alex Thorn says Bitcoin’s realized price is currently $56,000, a 
level it is likely to fall to without clear drivers to spark a rally.

Bitcoin may fall to $56K as reasons for gains ‘remain hard to find’: Galaxy

XRP sits at a crossroads. Trading around the $1.6 area after a steep run 
higher and a later pullback, the token now rests on a weekly support band that 
traders are watching closely. According to crypto analyst Scott Melker, this 
is one of the cleaner risk/reward setups in crypto right now — a small stop 
can limit losses while a bounce could offer meaningful gains. Related Reading: 
Crypto Funds Bleed $1.80 Billion As Metals Rally Heats Up Support Zone Holds 
The Key Based on reports, the zone around $1.55 to $1.60 is important. It 
lines up with the midpoint of the breakout that began in November 2024 and has 
acted as resistance before flipping to support. When price briefly dipped 
toward $1.50 and then closed January above the $1.60 mark, some traders read 
that as a liquidity sweep that cleared short orders. That kind of action can 
presage either a bounce or a deeper move, depending on whether fresh buying 
shows up. What History Shows XRP moved sideways in 2023 and much of 2024 
before breaking out from roughly $0.50 to $0.60 in November 2024. A fast 
advance followed, carrying price toward the $2.00 area and then higher into 
the $3.66 peak in July 2025. $XRP Crazy chart. Trading exactly at the last 
meaningful support on the chart before a huge air pocket. For traders, this is 
about the best risk/reward you get on an asset. Easy to cut loose with a small 
loss if support fails. pic.twitter.com/wySapwsnT0 — The Wolf Of All Streets 
(@scottmelker) January 31, 2026 Those gains set a higher structure, but they 
also left large pockets of profit taking above current levels. Reports say 
that repeated failed attempts above $3.50 marked weakening demand, which 
helped trigger the current drop back to the $1.6 region. Tight Downside, Open 
Upside According to Scott Melker, a.k.a. &#8220;Wolf of All Streets&#8221;, traders can 
manage risk with a stop between $1.45 and $1.50. That makes the downside 
measured. On the flip side, a recovery would likely test $2.00 first, then run 
into supply around $2.50–$2.60, before facing heavier resistance near $3.00 
and the old highs. That path is straightforward on paper, but market context 
changes outcomes. Volume confirmation is absent from many of the bullish 
takes; a support hold without visible buying on the tape is fragile. Broader 
liquidity in US markets and risk appetite for crypto will also play a major 
role in whether the bounce can sustain itself. Related Reading: Crypto Hacks 
Explode: $370 Million Stolen In January Alone: Researchers XRP’s Sweet Spot: 
Small Risk, Big Upside For Melker, setups like XRP’s current level are rare in 
crypto right now — a defined support, a tight stop, and clear upside targets 
create a scenario where the potential reward outweighs the risk. He emphasizes 
that traders don’t need to predict every twist in the market; instead, 
focusing on trades with controlled losses and meaningful gains can be the 
difference between surviving and thriving in volatile conditions. In XRP’s 
case, the near-term risk is small relative to the possible rebound, making it 
a setup many are watching closely. Featured image from Unsplash, chart from 
TradingView

XRP Tops All Assets On Risk/Reward, Analyst Says

Bitcoin price edged higher on Feb. 3 after days of heavy selling, as pressure 
from forced liquidations faded and fresh capital returned to U.S. spot Bitcoin 
exchange-traded funds. Bitcoin was trading at $78,659 at the time of writing, 
up 3.8%…

Bitcoin price eyes rebound from oversold RSI as spot BTC ETFs see inflows for first time in 5 days

IG Group has finalized its acquisition of Independent Reserve, one of 
Australia’s leading regulated cryptocurrency exchanges, marking a major 
expansion into digital assets across the Asia-Pacific and Middle East. 
Regulatory Approval and Legacy IG Group has officially completed its 
acquisition of Independent Reserve, one of Australia’s leading cryptocurrency 
exchanges, marking a significant expansion into digital […]

Cryptocurrency price in DKK