The political action committee Fairshake continues to report spending on 
political candidates from its $193 million war chest, largely funded by crypto 
interest groups.

Crypto-backed PAC spends $8.6M in Illinois races ahead of US midterms

British opposition leader Nigel Farage has established himself as a leading 
crypto advocate by investing $288,000 in Stack BTC Plc, a bitcoin treasury 
firm chaired by former Chancellor Kwasi Kwarteng. An Unusual Alliance Nigel 
Farage, leader of Reform UK, has solidified his position as Westminster’s most 
prominent crypto advocate by disclosing a $288,000 investment in […]

Nigel Farage Discloses $288,000 Stake in Former UK Chancellor’s Bitcoin Treasury Firm

Historical data shows that Bitcoin typically gains 20% within a month of major 
spikes in oil prices. Should traders prepare for a rally to $79,000?

Will Bitcoin follow oil’s historic surge and rally to $79K before the end of March?

XRP has entered the new week with a technical setup that is beginning to tilt 
in favor of bulls, even though the price action is stuck inside a range. A 
bullish divergence has appeared on the daily chart, hinting that downside 
momentum may be fading and that a rebound could be close. However, XRP&#8217;s price 
structure is fragile, and technical analysis has revealed a level that could 
either support a recovery attempt or lead to another round of selling 
pressure. Bullish Divergence Shows Selling Pressure Is Losing Strength The 
foundation of the bullish case is the daily divergence now visible on the 
daily candlestick chart. XRP has been holding inside a narrow range near the 
$1.34 to $1.50 range, but momentum is no longer falling at the same pace as 
the price. Related Reading: XRP Bull Flag Breakout After 8-Month Consolidation 
To Send Price To $11 When price makes a lower low, but momentum refuses to 
follow, as the RSI is clearly showing on the XRP daily chart right now, it 
tells traders that the selling pressure behind each leg lower is weakening. 
The Bears are still in control on paper, but they&#8217;re running out of fuel. This 
is exactly what unfolded in the February lows. Price crashed to the $1.13 
range in a capitulation flush; the RSI fell into oversold territory below 25. 
However, the price action is now beginning to stabilize and consolidate 
between roughly $1.34 and $1.40, but this hasn&#8217;t led to the creation of higher 
highs. However, RSI shows momentum and is beginning to quietly recover to 
build a higher low. That divergence is now confirmed on the daily timeframe 
with the start of the new week. Why $1.34 Is The Level Bulls Cannot Afford To 
Lose Despite the improving short-term outlook, the bullish thesis has a very 
clear line in the sand. According to technical analysis from a crypto analyst 
known as &#8220;Guy on the Earth,&#8221; anything below $1.34 would invalidate the setup 
in the short term. That makes it the level traders are likely to watch most 
closely at the start of the week. At the time of writing, XRP is trading at 
$1.36, just a little higher than the important $1.34 level. This support 
matters because it has effectively become the price floor of the current 
range. XRP has already spent several sessions trading just above it, and this 
shows that buyers are still willing to defend that zone. According to the 
analyst, a clean break below $1.34 would open the door to another leg lower or 
see a capitulation wick closing back above $1.34. Related Reading: Pundit Says 
XRP Price Could Reach $1,000 By End Of 2026 If This Happens Signals are one 
thing; confirmation is another, and for XRP, confirmation only comes at $1.50. 
The chart above shows the upper boundary of the current range around $1.50, 
and that is the level bulls need to break if XRP is going to shift from 
recovery talk to a real trend reversal. Featured image from Getty Images, 
chart from Tradingview.com

XRP Starts New Week With Bullish Confirmation, But This Level Is A Problem

Oil-linked trading on the decentralized exchange Hyperliquid (HYPE) has 
recently surpassed $1 billion in volume within a 24-hour period, leading to a 
significant 10% rally in the platform’s native token, HYPE, allowing it to 
outperform the top 100 cryptocurrencies by market capitalization. In fact, 
oil-linked trading on Hyperliquid hit over $1.2 billion, making it the second- 
most traded market on the platform, just behind Bitcoin (BTC). Hyperliquid&#8217;s 
Oil Contract Trading Soars The driving force behind the recent HYPE 
performance has been the CL-USDC perpetual contract, which tracks West Texas 
Intermediate crude oil prices. This contract’s trading volume recently 
eclipsed Ethereum (ETH) trading on the platform. Related Reading: Bitcoin At 
The Bottom? The 23-Month Cycle That Has Never Failed The increase in activity 
coincides with a dramatic rise in oil futures, which jumped over 30% to nearly 
$120 a barrel on traditional exchanges. This spike followed escalating 
tensions in the Middle East that have disrupted global supply chains. Before 
these developments, daily volumes for the CL-USDC contract hovered around $21 
million. However, following the recent geopolitical events, that figure 
skyrocketed to more than $1.2 billion as of Monday. Additionally, open 
interest in this contract surged to $183 million. $150 Price Target For HYPE 
Further fueling the excitement surrounding the HYPE rally is a bullish outlook 
from Arthur Hayes, co-founder of cryptocurrency platform BitMEX. In a recent 
essay, Hayes set a price target of $150 for HYPE by August 2026, asserting 
that Hyperliquid can continue to expand its revenue streams even if broader 
cryptocurrency markets experience difficulties. Related Reading: Dogecoin 
Remains Inside Falling Channel, Bulls Target Surge Above $0.1 While HYPE has 
been on the rise, with the token retesting the $35 resistance wall, major 
cryptocurrencies like Bitcoin and Ethereum have shown modest recoveries during 
the same period. Bitcoin gained approximately 2.5%, while Ethereum saw a 
slightly higher increase of 3.4%. Analyzing HYPE’s daily trading chart reveals 
critical support levels that investors should watch. Key support zones are 
anticipated around $32, $29, and $28, with the latter acting as a significant 
accumulation point over the past two weeks. Featured image from OpenArt, chart 
from TradingView.com

Cryptocurrency price in GBP