Ripple’s successful $500 million strategic funding round that valued the 
company at $40 billion reportedly included rare and stringent protections for 
investors. Guaranteed Returns and Put Options According to a Bloomberg report, 
Ripple’s successful $500 million strategic funding round, which valued the 
company at $40 billion, included unusual protections for investors. These 
concessions reportedly gave […]

Report: Ripple Funding Round Offered Investors Protection Against XRP Volatility

Are investors jilting Hedera (HBAR) for other tokens like Solana (SOL), Ripple 
(XRP), and Chainlink (LINK)?

HBAR price forms a risky pattern as ETF inflows stagnate

Luke Judges highlights how XRP Ledger’s tech and developer tools could take 
cues from Solana to stay competitive among layer-1 networks.

XRP needs a Solana-style strategy to keep up: Ripple executive

After breaking below $90,000 again, the next direction of the Bitcoin price is 
being hotly debated once again. This comes with the added burden of a number 
of major events coming around this week, as well as investor sentiment being 
stuck in the negative territory for an extended period of time. Crypto 
analyst, MarcPMarkets, shares his thoughts on the current state of the market 
and what investors should be looking out for as the next direction is 
determined. The Bearish And Bullish Scenarios In the analysis shared on the 
TradingView website, MarcPMarkets highlights the different scenarios that 
could determine where the Bitcoin price could be headed next. Cautioning 
investors to watch out for confirmation, the first level that the analyst 
highlights is the $93,500 area, where the Bitcoin price had failed to reclaim 
a high. Related Reading: Analyst Says Dogecoin Price Is Ready To Fly, Here’s 
Why Since the price fell below $90,000 over the weekend, the next major level 
now lies at $88,000, and it is where bulls must protect their support. In the 
event that bulls lose this support and the price breaks decisively below this 
point, the crypto analyst warns investors to expect the Bitcoin price to crash 
another $10,000. Next would be the $78,000 area, where the cryptocurrency is 
likely to secure its next support. On the flip side, where the Bitcoin price 
could turn bullish once again, the crypto analyst points to the $95,000 
resistance. Investors are to pay attention to this resistance, because if 
broken, then it would mean that strength is building back up, completely 
canceling out the bearish scenario highlighted above. The major targets in the 
case of a bullish takeover would first be $105,581. Above this lies the next 
major level of $113,213, and then finally, the $120,850 target that would be 
the final hit before momentum fizzles out. Developments That Could Affect The 
Bitcoin Price Beyond the price action, some events that could affect Bitcoin&#8217;s 
trajectory are expected to unfold this week. The FOMC meeting is drawing 
closer, with the Fed expected to announce its stance on the financial markets 
going forward. Related Reading: Industry Leader Shares Why Ethereum Price Will 
Reach $12,000 If, at the completion of the press conference, the Fed takes on 
a dovish stance, then the crypto analyst expects that prices will begin to 
move upward again. Additionally, quantitative tightening ended at the start of 
December, ushering the markets into an era of quantitative easing, which has 
always been bullish for risk assets as new liquidity is pumped into the 
market. Featured image from Dall.E, chart from TradingView.com

Confirming The Bitcoin Price Direction: Analyst Reveals What You Should Look Out For

The discussions could shape the US&#8217;s global leadership in crypto, impacting 
regulatory clarity and market stability for digital assets.
The post Citi, BofA, and Wells Fargo CEOs to discuss crypto market rules with 
senators: Report appeared first on Crypto Briefing.

Cryptocurrency price in MMK