The end of the Powell investigation accelerates Warsh&#8217;s confirmation process, 
impacting market expectations and trading dynamics.
The post Trump administration ends Powell investigation, clearing path for 
Warsh confirmation appeared first on Crypto Briefing.

Trump administration ends Powell investigation, clearing path for Warsh confirmation

XRP has been consolidating since early February, building a base that has 
tested the patience of bulls who have been waiting for a decisive move to 
higher levels. The market has reached a pivotal moment — and a CryptoQuant 
report identifies a structural split in the data that changes how we should 
interpret the current consolidation. Related Reading: Retail Is Cashing Out On 
Ethereum, But The Selloff Is Being Absorbed. Discover Who Is Buying The report 
reveals a divergence that cuts through the surface noise. XRP&#8217;s spot market 
and futures market are currently telling contradictory stories. Across 
centralized exchanges, spot buying has been strengthening continuously — the 
All CEX Estimated Spot CVD has risen from $1.08 billion on April 2 to $1.39 
billion by April 24, a $310 million increase in real, underlying demand over 
three weeks. Actual coins are changing hands, and the buyers are winning the 
order flow. The futures market on Binance is pointing in the opposite 
direction. Perpetual traders have remained on the bearish side throughout this 
period. Maintaining net short positioning that creates the appearance of a 
market lacking conviction. The analysis argues that appearance is misleading. 
The futures weakness does not reflect an absence of real demand — it reflects 
a derivatives reset, a clearing of leveraged long excess that was accumulated 
during previous rallies. Beneath that reset, spot buyers have been quietly 
absorbing supply the entire time. The divergence is the signal. Which side of 
it proves correct is the question the next directional move will answer. The 
Futures Market Is Not Bearish. It Is Being Cleaned. The scale of the futures 
divergence gives the current setup its structural definition. While spot CVD 
has climbed $310 million to the positive side, Binance Perpetual CVD has moved 
in the opposite direction with almost identical force — dropping from -$65 
million on March 19 to approximately -$392 million by April 24, a deepening of 
net selling pressure by roughly $327 million. Two forces of nearly equal 
magnitude are pulling in opposite directions simultaneously. The perpetual 
data requires careful interpretation. Futures net selling of this scale can 
mean one of two things: genuine bearish conviction from informed participants, 
or a mechanical clearing of excess leverage from a market that had accumulated 
too many crowded longs. The liquidation data since April 18 clarifies which is 
happening. Long liquidations have dominated XRP&#8217;s derivatives activity — 
forced exits from overleveraged positions rather than deliberate short-side 
bets against the asset. That distinction changes everything. Each long 
liquidation removes a fragile position from the market and replaces it with a 
more stable price structure. The fresh short positioning that followed is 
contributing to funding rates normalizing toward neutral, which is precisely 
what a healthy derivatives reset looks like before a market attempts to move 
higher. What the CryptoQuant report describes is not a market under sustained 
bearish assault. It is a market conducting the internal cleanup that typically 
precedes the next directional leg. Spot buyers are absorbing supply on one 
side. Derivatives are flushing excess leverage on the other. When both 
processes complete, the structure that remains tends to be considerably more 
durable than the one that existed before the reset began. Related Reading: 
DeFi Just Lost $15 Billion in Three Days. Something Deeper Than a Hack Is 
Behind It XRP Holds Range Support as Market Compresses Toward Decision Point 
XRP continues to consolidate around the $1.40 level, with price action 
reflecting a prolonged equilibrium following the sharp February breakdown. The 
chart shows a clear shift from trending behavior to range-bound structure, 
with XRP holding between roughly $1.30 support and $1.50 resistance for 
several weeks. This compression phase suggests that both buyers and sellers 
are absorbing liquidity without establishing directional control. The recent 
bounce from the $1.30–$1.35 zone is technically relevant. That area has acted 
as a consistent demand region, with multiple tests holding despite broader 
market volatility. The formation of slightly higher lows since mid-March 
indicates early accumulation, though not yet strong enough to break the 
broader downtrend. Related Reading: Another $142M Staked – Bitmine Tightens 
Its Grip on Ethereum Supply Overhead, resistance remains well-defined. The 
50-day and 100-day moving averages are both trending downward and converging 
near the $1.50–$1.60 region, creating a dynamic ceiling that has rejected 
recent upside attempts. Until XRP reclaims this zone, the structure remains 
neutral-to-bearish on higher timeframes. Volume has declined throughout the 
consolidation, reinforcing the idea of a market waiting for a catalyst. A 
breakout above $1.50 would likely trigger expansion toward $1.70. Failure to 
hold $1.30, however, would expose XRP to a deeper retrace toward the $1.10 
region. Featured image from ChatGPT, chart from TradingView.com

XRP Spot Buyers Are Getting Stronger While Futures Traders Are Selling – Learn What That $700M Split Means

Trump&#8217;s criticism highlights potential diplomatic tensions, impacting market 
confidence and signaling possible shifts in US-China relations.
The post Trump criticizes Supreme Court tariff ruling, China visit odds dip 
appeared first on Crypto Briefing.

Trump criticizes Supreme Court tariff ruling, China visit odds dip

The stalled US-Iran talks highlight ongoing diplomatic challenges, impacting 
market speculation and delaying potential resolutions.
The post Iran denies planned meeting with US, talks stalled appeared first on 
Crypto Briefing.

Iran denies planned meeting with US, talks stalled

The quantum breakthrough highlights the urgent need for blockchain networks to 
adopt quantum-resistant cryptography to ensure future security.
The post Quantum computer breaks 15-bit key in Bitcoin test, raises future 
security concerns appeared first on Crypto Briefing.

Cryptocurrency price in GBP