The Blockstream CEO subscribed to 10 million warrants as Capital B pushes 
ahead with its Bitcoin treasury strategy.

Capital B raises $1.3M from Adam Back for Bitcoin strategy

XRP is entering what analyst Will Taylor (@CryptoinsightUK) describes as a 
rare momentum reset, with technical conditions now lining up around a 
potential sharp move higher. In the latest edition of The Weekly Insight, 
Taylor argues that XRP’s recent downturn may have compressed momentum to an 
unusual degree just as regulatory and ecosystem narratives begin to reappear. 
XRP Momentum Hits Rare Extreme The core of the setup is XRP’s relative 
strength index. According to the analyst, previous instances where XRP’s RSI 
reached oversold territory, or touched the 32 level or lower, have 
historically marked major lows. This time, the reading fell to around 30, 
described as the “second lowest RSI reading ever for XRP,” though not quite a 
full oversold break. Taylor’s main point is not only the level of the RSI, but 
the speed of the decline. XRP’s RSI reportedly fell from roughly 91 to 30 in a 
historically short period, a move the analyst frames as evidence that momentum 
may have swung too far, too quickly. “The market became too bearish too 
quickly,” Taylor wrote, adding that this is why he sees a likely case for 
another leg higher. Related Reading: XRP Compression Peaks: Symmetrical 
Triangle Signals Explosive Move Ahead That view is tied directly to XRP’s 
current base. The analyst says XRP is now building from around $1.38, compared 
with roughly $0.38 before its prior explosive move. If XRP were to repeat a 
similar percentage expansion to the November 2024 rally, when the asset 
allegedly moved about 500% within weeks, Taylor says that would imply a move 
toward roughly $6.50. The MACD, in Taylor’s reading, strengthens the same 
argument. The report describes XRP’s MACD as sitting at its lowest reading on 
record, suggesting that downside momentum has stretched further than in 
previous cycles. For Taylor, that creates the conditions for a forceful 
reversal if momentum turns, especially while price continues to hold above the 
$1.38 area. The analysis becomes more speculative when Elliott wave theory 
enters the discussion. The analyst says there is an argument that XRP may be 
entering wave three of a broader five-wave structure, with a possible target 
zone between $8 and $12. Taylor cautions that such a scenario is difficult to 
present without sounding speculative, but argues that major crypto expansions 
often occur in compressed time windows. Related Reading: David Schwartz 
Challenges $10,000 XRP Theory With Simple Question The market setup is also 
being framed against a possible regulatory catalyst. Taylor cites Coinbase 
chief legal officer Paul Grewal as saying the Clarity Act appears to be moving 
forward after an agreement with banks, while also pointing to commentary from 
Eleanor Terrett that market attention has shifted toward the week starting May 
11 as a potential markup window. For XRP specifically, that timing matters 
because Ripple has been vocal about the importance of crypto market structure 
legislation. The analyst also notes recent criticism from Cardano founder 
Charles Hoskinson, who has suggested that the Clarity Act is being advanced in 
a way that could primarily benefit XRP rather than the broader market. Taylor 
does not fully endorse that view, but says the dispute highlights how 
significant the bill could become if it advances. At press time, XRP traded at 
$1.4155. Featured image created with DALL.E, chart from TradingView.com

XRP Setup Nobody’s Watching Points To Fast Move Higher, Crypto Analyst Says

Iran&#8217;s review of the US peace proposal may lead to regional stability, 
reducing regime fall risks and shifting focus from military to diplomatic 
solutions.
The post Iran reviews US peace proposal aiming to halt ongoing conflict 
appeared first on Crypto Briefing.

Iran reviews US peace proposal aiming to halt ongoing conflict

The Iran conflict&#8217;s impact on oil supply could lead to global economic strain, 
highlighting vulnerabilities in energy security and market stability.
The post Iran conflict disrupts oil supply, Endeavour warns of higher costs 
appeared first on Crypto Briefing.

Iran conflict disrupts oil supply, Endeavour warns of higher costs

The ECB&#8217;s stance may lead to sustained inflationary pressures, impacting 
economic stability and influencing future monetary policy decisions.
The post ECB unlikely to cut rates in April 2026 amid inflation, supply chain 
pressures appeared first on Crypto Briefing.

ECB unlikely to cut rates in April 2026 amid inflation, supply chain pressures

Tokenomist data shows over $229m in token unlocks this week, led by RAIN, SOL, 
HYPE, ENA and RED as traders watch fresh supply risks now.

Cryptocurrency price in INR

Market Overview