Bitcoin whales sold $270 million in BTC on Sunday, but the steady absorption 
of supply by traders should help bulls maintain their hold on the market 
momentum.

Old Bitcoin whales sold $271M in BTC: Is the crypto rally at stake?

Bitcoin reclaimed the $72,000 level following a volatile session, influenced 
by the confusion regarding the ceasefire terms. Key Takeaways: Bitcoin rallied 
to $72,571 after U.S. officials clarified ceasefire terms, lifting the market 
cap to $1.45 trillion. Volatility triggered $115 million in liquidations on 
Coinglass, with shorts accounting for $95 million. Deribit data shows bullish 
sentiment […]

Bitcoin Defies Early Volatility to Reclaim $72,000 Support

The DOJ crypto conflict reached a formal accusation this week when six 
Democratic senators told Deputy Attorney General Todd Blanche he had a 
&#8220;glaring conflict of interest&#8221; after ProPublica reported he held between 
$158,000 and $470,000 in Bitcoin, Ethereum, and…

DOJ Crypto Enforcement: US Senators Say the Agency Shut Down Its Crime Unit While Officials Held Personal Crypto

XRP holders are currently sitting on major losses as the price continues to 
decline from the 2025 bull run highs. These holders risk larger losses on 
their investments, as crypto analyst CasiTrades has warned that XRP could 
still see new lows. XRP Holders Currently Seeing Major Negative Returns On 
Their Investments On-chain analytics platform Santiment revealed that the 
average wallets that have been active on the XRP Ledger (XRPL) over the past 
year are down an average of 41% on their investments. Santiment noted that 
this is the lowest Mean Value to Realized Value (MVRV) for XRP holders since 
the FTX crash in November 2022. Related Reading: Don’t Get Trapped In XRP: 
Analyst Sounds Warning That Price Will Still Crash To This Level Santiment 
noted that because crypto assets are zero-sum trading games, significantly 
negative average returns, not just a price drop, but actual trader returns, 
imply that there is much lower risk than average in buying or adding to one’s 
XRP positions. The platform explained that this is because competing traders 
are already in severe ‘blood in the streets’ territory. On-chain analytics 
platform Glassnode also highlighted how much XRP holders are currently 
underwater. In an X post, the platform noted that with price trading at $1.33, 
the percentage of XRP supply in profit has declined to 43.4%, the lowest level 
since July 2024. Glassnode had previously noted that a large portion of the 
XRP supply was sitting at a loss even when the price was trading around $2.15. 
This signaled that the XRP market was a “top-heavy and structurally fragile 
market,” dominated by late buyers. XRP Preparing For Another Leg Down Crypto 
analyst CasiTrades has indicated that XRP is preparing for another leg down, 
which could put XRP holders in further losses. She noted that the bounce from 
the U.S.-Iran ceasefire agreement is over now and that she is watching for a 
wave-3 down. The analyst also revealed that the ceasefire push over the last 
24 hours sent XRP perfectly into the .618 retracement, which gave the market a 
clean wave-2 relief rally. Related Reading: Forget XRP Price Weakness, 
Investors Are Still Pouring In, And Wallet Figures Just Hit An Impressive 
Target CasiTrades acknowledged that the wave-2 move for XRP knocked out one of 
the smaller subwave counts, but that the bigger structure hasn’t changed. She 
added that the real move hasn’t happened yet and that she is still expecting a 
wave-3 move down toward $1.09, which the analyst warned could accelerate fast. 
The analyst had previously warned that XRP could drop towards $1.08, which is 
the macro .786 support, and then see another relief bounce before breaking 
lower into $0.87, which is the macro .854 support, marking the fifth wave of 
this bearish move down. At the time of writing, the XRP price is trading at 
around $1.33, down over 3% in the last 24 hours, according to data from 
CoinMarketCap. Featured image from Freepik, chart from Tradingview.com

XRP Holders Are Seeing Major Losses Since The Bull Market, And The Numbers Are Rising

Buyers are eyeing Geminis UK and EU units for regulatory access after layoffs, 
overseas retrenchment, and a stock collapse.
The post Gemini may sell parts of Europe business as buyers seek licenses: 
CoinDesk appeared first on Crypto Briefing.

Cryptocurrency price in MXN