Another crypto user sued the IRS in 2025 for allegedly violating his Fourth 
Amendment rights after the agency used a John Doe Summons to collect his data 
from a crypto exchange.

California court dismisses Coinbase user’s challenge to IRS summons

The bitcoin mining industry is undergoing a significant transformation as it 
matures into more institutional structures. Nima Beni of Bitlease argues 
against fears regarding the sustainability of transaction fees, emphasizing 
that current fee levels don’t reflect long-term dynamics. Challenging the 
Security Budget Deficit The transition of the bitcoin mining industry into a 
mature, institutional era […]

Differently Secured: Bitlease Founder Nima Beni on Why Falling Hashrates Aren’t a Threat

XRP is pressing up against what analyst EGRAG CRYPTO describes as a pivotal 
resistance band, with a new chart arguing that the token is entering a 
decisive technical phase. In the analyst’s framework, the immediate question 
is whether an ascending triangle forming beneath “Zone 1” can trigger the next 
leg higher and whether that move could eventually reopen the path toward prior 
cycle highs. In a post on X, EGRAG framed the setup as “Ascending Triangle vs 
Zone 1 (Decision Time)” and tied the structure to a potential policy catalyst: 
the Clarity Act. The five-day XRP/USD chart shows price compressing beneath a 
blue resistance area around $1.65 to $1.70, while a rising lower trendline 
suggests buyers have continued stepping in on dips. The core of the thesis is 
straightforward. According to EGRAG, “The Chart is Saying the following: 
Ascending Triangle forming under Zone 1 ($1.65–$1.70). Higher lows = buyers 
stepping in. Resistance flat = liquidity sitting above. This is classic 
breakout fuel.” XRP&#8217;s Possible Path To The ATH That interpretation hinges on a 
familiar dynamic in market structure. An ascending triangle typically reflects 
repeated buying interest at progressively higher levels, even as sellers 
continue defending a fixed ceiling. In EGRAG’s read, that ceiling is Zone 1, 
and the tightening range beneath it is creating the pressure. Related Reading: 
XRP Liquidity Builds on Binance – What The 2.78B Reserve Spike Means EGRAG 
does not present the pattern as a guaranteed breakout. Instead, the post 
assigns explicit probabilities to both paths. “Break Above Zone 1: ~65%. 
Structure supports continuation. Momentum building with compression,” the 
analyst wrote. “Rejection / Fakeout: ~35%. If no catalyst → liquidity sweep 
first. If the Clarity Act is postponed, rejection becomes the likely 
scenario.” Notably, the post repeatedly points to the Clarity Act as the 
narrative catalyst that could “unlock” a break above Zone 1. In other words, 
the triangle may be storing pressure, but the release still depends on a macro 
or policy trigger strong enough to force price through overhead supply. 
Related Reading: XRP Flashes Rare Bottom Signals As Analyst Eyes Breakout 
Toward $14–$18 Even then, EGRAG argues that clearing Zone 1 would only be the 
first step. The post asks what it would take for XRP to reach “Zone 2,” marked 
at roughly $2.60 and above on the chart. The answer is more demanding than a 
single breakout candle. “Breaking Zone 1 is NOT enough,” EGRAG wrote. “To 
breach Zone 2 ($2.60+), we need institutional flows / ETF-style exposure, BTC 
stability or dominance drop, [and] sustained weekly closes above $1.85–$2.00.” 
For now, the analyst’s summary is more measured than euphoric: “Triangle = 
Pressure. Zone 1 = Trigger. Zone 2 = Expansion. Catalyst starts the 
move…..Liquidity finishes it.” That leaves XRP at an inflection point. If 
buyers can convert the current compression into a clean move through Zone 1, 
the conversation quickly shifts from pattern recognition to expansion targets. 
If not, EGRAG’s own framework suggests the market could sweep liquidity lower 
first, especially if Clarity Act fails to arrive on time. At press time, XRP 
traded at $1.44. Featured image created with DALL.E, chart from 
TradingView.com

XRP Nears Breakout: Analyst Maps Path Back To All-Time High

Nasdaq has been given the regulatory green light to offer some tokenized 
stocks, which will trade alongside traditional securities on its exchange.

SEC gives go-ahead to Nasdaq for tokenized trading trial

The Algorand Foundation said it has a “more sustainable alignment” of 
resources with the protocol’s long-term business priorities.

Cryptocurrency price in PKR