Two crypto courtroom sagas out of Manhattan delivered a pair of sharply 
different plot twists this week — one defendant walked away from the SEC’s 
fraud case for good, while another scheme’s legal fallout hit a wall when a 
federal judge tossed key racketeering claims tied to a church-linked 
investment disaster. SEC Dismisses Civil Fraud […]

Two Crypto Court Twists in New York: SEC Walks Away From Bitclout-Deso Case, Judge Rejects EminiFX RICO Claims

Banks seek to deploy capital in the most efficient way possible, but capital 
rules under the Basel III framework make crypto holdings costly.

Changing Basel rules could unlock ‘huge’ liquidity for BTC: Analyst

Authorities pulled the plug on the Socksescort proxy empire, freezing $3.5 
million in crypto and exposing a global router botnet. U.S. and European 
authorities have dismantled Socksescort, a residential proxy network powered 
by AVRecon malware that quietly hijacked more than 369,000 devices across 163 
countries. Operating since 2020, the service sold access to infected home […]

Proxy Network Crushed: 369,000 Hacked Routers Taken Offline in Crypto Fraud Bust

The XRP price has been trending downward for several months now, falling from 
a yearly high above $3 in 2025 to under $1.4 at the time of writing. With the 
crypto market facing strong bearish headwinds, XRP’s next move remains 
uncertain. While some hope for a recovery, others project further downside. 
For her bearish forecast, crypto analyst CasiTrades suggests that XRP’s 
consolidation phase may not be over. She projects that the cryptocurrency 
could still crash further to $0.87 before the current bear market ends. XRP 
Price Faces $0.87 Crash CasiTrades has presented a fresh technical update on 
XRP’s price action, outlining a short-term bearish scenario which could see 
the cryptocurrency decline significantly to $0.87 before any meaningful 
recovery begins. Posting on X, she notes that XRP has now spent 34 days inside 
Wave 4 of an Elliott Wave structure. During this period, price movement has 
been unusually slow, and overall volatility across the pair has dropped 
considerably. Related Reading: XRP Negative Funding Continues, Crashes To 
Levels Not Seen Since 2022 According to the chart, XRP is currently trading 
around $1.39 and remains trapped within a corrective structure that has been 
moving sideways since early February. CasiTrades noted that this pattern was 
typical of Wave 4 behavior, often accompanied by a prolonged, muted 
consolidation that slowly exhausts market participants and frustrates both 
bulls and bears. CasiTrades has highlighted two key price levels that will 
likely determine XRP’s next move. The first is the $0.87 level, which aligns 
with the 0.854 Fibonacci retracement shown on the chart. If XRP crashes to 
this level, the analyst expects it to act as a strong support area where the 
cryptocurrency’s ongoing correction could complete, and a recovery could 
begin. The second level is the resistance around $1.65, which closely 
corresponds to the 0.618 Fibonacci extension. CasiTrades suggests that if XRP 
moves higher and breaks above this level, then holds it as support, it would 
invalidate the cryptocurrency’s bearish outlook and signal a potential shift 
back to bullish momentum. XRP Recovery Expected After Wave 4 Bottom If XRP 
follows the bearish scenario, CasiTrades chart suggests that once Wave 4 
completes near the $0.87 support zone, the market could transition into Wave 
5, a projected strong recovery phase. The green line on the chart illustrates 
this expected rebound, pointing significantly higher after XRP’s corrective 
phase ends. Related Reading: First Bullish Wick Appears On XRP Weekly Chart, 
And This Analyst Says It Will Send Price To $21.5 Following the projected 
trajectory of the green line, XRP is expected to rebound sharply from $0.87 
and move toward the next intermediate zone near the 0.786 Fibonacci 
Retracement around $1.085. From there, the price is projected to revisit its 
previous resistance area near $1.65, before potentially climbing to a second 
resistance level around $1.78. If the cryptocurrency breaks above this level 
with bullish momentum, the chart suggests a further surge that could propel 
XRP beyond $1.9. Featured image from Freepik, chart from Tradingview.com

Why The XRP Price Might Crash To $0.87 Before The Bear Market Ends

Bonk.fun, the Solana-based meme coin launchpad learned the hard way this week 
that even decentralized dreams still rely on very centralized web doors — and 
someone briefly kicked one open. As of this weekend, the domain still remains 
compromised. Solana Platform Bonk.fun Compromised in Domain Hijack Bonk.fun, a 
community-driven token launch platform tied to the […]

Cryptocurrency price in ILS