TD Cowen says U.S. crypto market structure reform likely slips to 2027–2029 as 
Democrats push Trump-focused conflict rules and CLARITY Act talks become the 
fallback. The Clarity Act structure legislation is unlikely to pass in 2025, 
with meaningful progress now…

Crypto bill faces years-long delay as Trump-era conflict rules stall progress

Telegram’s H1 2025 revenue climbed 65% to $870 million, while Toncoin write- 
downs and $500 million in frozen bonds have added pressure.

Telegram revenue jumps to $870M in H1 2025, $2B full-year target: FT

The investment banking giant’s filings for Bitcoin and Solana ETFs follow an 
uptick in investor demand for regulated crypto investment vehicles, driven by 
the new year’s “clean-slate” effect.

Morgan Stanley files S-1s for Bitcoin and Solana ETFs in latest crypto push

Grayscale’s ETHE ETF pays $0.083178 per share, marking the first U.S. crypto 
product to pass staking earnings to investors. Grayscale announced that its 
Ethereum Staking Exchange-Traded Fund (ticker ETHE) will make a distribution 
of $0.083178 per share to shareholders, reflecting proceeds from staking 
rewards earned between October 6, 2025 and December 31, 2025. The payout is 
scheduled for […]

Grayscale’s Ethereum Staking ETF Distributes First US Staking Rewards

XRP is compressing on the weekly chart into a clearly defined post-breakout 
range, and analyst Maelius (@MaeliusCrypto)argues the next directional clue 
will come from the RSI, with a breakout “sometime in Q1” that he expects to 
coincide with higher prices and a push toward $10. Maelius’ chart is a 1W 
XRP/USD view (Bitstamp) with a 50-week EMA overlaid. The market’s most recent 
regime shift is clear: a sharp vertical expansion carried XRP from a long base 
into a higher trading band, followed by a multi-week consolidation inside a 
shaded range. Is XRP Set To Explode Within 1 Week? That range is anchored by 
two levels the chart emphasizes. The upper boundary aligns with the prior 
spike high near $3.33 (the 2018 peak), while the lower boundary sits just 
above $1.60. At the time of the screenshot, XRP is around $2.124 on the weekly 
close, placing price just below the 50-week EMA, the most immediate, high- 
visibility pivot in Maelius’ framing. The Elliott labeling casts the current 
chop as a corrective wave 4 after the impulsive advance. The message is less 
“trend is broken” and more “trend is pausing.” Maelius added that his 
“conservative count assumes there is only 1W left,” implying a relatively 
tight window for the market to resolve the consolidation and transition into 
wave 5 if momentum confirms. Related Reading: XRP Is Setting Up For Its ‘Next 
Explosive Move,’ Analysts Say: Here’s The Target The broader layout of the 
chart also invites a comparison to 2017: XRP’s first major run off a base, a 
long mid-cycle breather, and then a second, sharper leg into the ultimate 
high. In the comparison within the chart, XRP rallied roughly 7,400% in about 
three months in early 2017, consolidated from May through December, then 
surged again by roughly 1,500%. Today’s sequencing is presented as similar in 
shape, if not necessarily in magnitude: a strong first leg from roughly 
November 2024 through January 2025 (roughly +500%), followed by a year-long 
consolidation into January 2026. In that read, the next major leg higher could 
be approaching, potentially shallower than the first, with wave 5 serving as 
the “second push” analogue. Related Reading: Analyst Updates XRP Price 
Prediction: Why $16 Is Still On The Table The lower panel is a weekly RSI with 
a descending trendline capping recent peaks. That red down-sloping line is 
Maelius’ timing trigger: “RSI breaks out sometime in Q1. Price goes higher.” 
The implication is straightforward. In his framework, momentum needs to break 
its own compression before price can sustain the next expansion phase. 
Crucially, the chart also carries a higher-degree label that places the 
current wave 4 within a larger wave III, rather than portraying the next wave 
5 as a terminal, cycle-ending move. That aligns with his response when asked 
whether $10 would be a quarterly “max”: “Sometime in Q1 we should get a 
breakout, not necessarily a top. Next wave should be towards 10$.” If the 
thesis is working, XRP would be expected to reclaim the 50-week EMA and 
reassert acceptance back toward the range highs near $3.33, with the RSI 
trendline break acting as the confirmation event Maelius is watching. If it 
fails, continued rejection at the EMA and a breakdown through the range floor 
above $1.60 would keep the wave-4 corrective phase in play and delay the 
wave-5 path he’s mapped. At press time, XRP traded at $2.37. Featured image 
created with DALL.E, chart from TradingView.com

Cryptocurrency price in THB