Japan is edging closer to approving spot cryptocurrency exchange-traded funds, 
with regulators signaling that the first products could be cleared for listing 
as early as 2028. A report published by Nikkei Asia on Jan. 26 said the 
Financial Services Agency…

Japan regulators expected to approve spot crypto ETFs by 2028

Bitcoin has fallen nearly 30% since a major market crash in October, while 
traditional safe havens like gold and silver have soared.

Majority of institutional investors say Bitcoin is undervalued: Coinbase

Tokenization and U.S. crypto rules moved to the center of global finance as 
Coinbase CEO Brian Armstrong said Davos talks showed regulators, banks, and 
corporations aligning around digital assets and the CLARITY Act. Tokenization, 
Crypto Regulation Take Center Stage at Davos Coinbase CEO Brian Armstrong 
shared on social media platform X on Jan. 24 reflections […]

Coinbase Spotlights Davos Momentum Toward Tokenization and CLARITY Act

XRP price extended losses and traded below $1.880. The price is now 
consolidating and might decline further if it remains below $1.920. XRP price 
started a fresh decline below the $1.90 zone. The price is now trading below 
$1.90 and the 100-hourly Simple Moving Average. There is a key bearish trend 
line forming with resistance at $1.885 on the hourly chart of the XRP/USD pair 
(data source from Kraken). The pair could continue to move down if it stays 
below $1.90. XRP Price Dips Further XRP price failed to stay above $1.950 and 
started a fresh decline, like Bitcoin and Ethereum. The price declined below 
$1.920 and $1.90 to enter a short-term bearish zone. The price even spiked 
below $1.850. A low was formed at $1.810, and the price is now consolidating 
losses. There was a recovery wave above $1.850. The price cleared the 23.6% 
Fib retracement level of the downward move from the $1.963 swing high to the 
$1.810 low, but the bears remained active. The price is now trading below 
$1.90 and the 100-hourly Simple Moving Average. If there is a fresh upward 
move, the price might face resistance near the $1.8850 level and the 50% Fib 
retracement level of the downward move from the $1.963 swing high to the 
$1.810 low. There is also a key bearish trend line forming with resistance at 
$1.885 on the hourly chart of the XRP/USD pair. The first major resistance is 
near the $1.90 level. A close above $1.90 could send the price to $1.950. The 
next hurdle sits at $2.00. A clear move above the $2.00 resistance might send 
the price toward the $2.050 resistance. Any more gains might send the price 
toward the $2.120 resistance. The next major hurdle for the bulls might be 
near $2.20. Downside Break? If XRP fails to clear the $1.90 resistance zone, 
it could start a fresh decline. Initial support on the downside is near the 
$1.840 level. The next major support is near the $1.820 level. If there is a 
downside break and a close below the $1.820 level, the price might continue to 
decline toward $1.780. The next major support sits near the $1.750 zone, below 
which the price could continue lower toward $1.70. Technical Indicators Hourly 
MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly 
RSI (Relative Strength Index) – The RSI for XRP/USD is now near the 50 level. 
Major Support Levels – $1.840 and $1.820. Major Resistance Levels – $1.8850 
and $1.90.

XRP Price Bearish Continuation Confirmed As Downside Pressure Builds

Bitcoin price began the week under pressure after CME futures reopened well 
below Friday’s close, drawing attention to a large pricing gap. CME Bitcoin 
futures opened near $86,560 after closing the previous session around $89,500, 
leaving a downside gap of…

Cryptocurrency price in MYR