Kraken partners with Deutsche Brse Group to expand institutional crypto access 
through 360T and with plans for Eurex-linked derivatives.
The post Kraken partners with Deutsche Börse Group to boost tradfi-crypto 
integration appeared first on Crypto Briefing.

Kraken partners with Deutsche Börse Group to boost tradfi-crypto integration

Bitcoin price action fell back toward $90,000 on strong US jobs data as BTC 
ignored Fed rate-cut optimism, failing to flip the yearly open to support.

Bitcoin rejects at key $93.5K as Fed rate-cut bets meet ‘strong’ bear case

SEC clears the first leveraged Sui ETF giving 21Shares the green light to 
launch a 2x product on Nasdaq as demand for crypto ETFs expands.
The post SEC approves first leveraged Sui ETF as 21Shares prepares launch on 
Nasdaq appeared first on Crypto Briefing.

SEC approves first leveraged Sui ETF as 21Shares prepares launch on Nasdaq

Exclusive data shows that MEV attacks hit hundreds of traders on Ethereum each 
month and continue to result in millions in losses.

Exclusive data from EigenPhi reveals that sandwich attacks on Ethereum have waned

Crypto analyst Dom has provided an update on what could spark the next XRP 
price surge. He highlighted an important level that the altcoin needs to 
reclaim for it to rally to $2.50, which would mark a new high since the 
October 10 liquidation event. XRP Price Must Reclaim This Level To Trigger 
Another Surge In an X post, Dom stated that the XRP price needs to regain the 
monthly rVWAP around $2.22, as that would be the shift for a rally towards 
$2.50. This came as the analyst revealed that an inverse of the XRP chart over 
the last six weeks shows a perfect 3-drive pattern, which is a very accurate 
reversal setup in crypto. Related Reading: Analyst Says This Needs To Happen 
For The XRP Price To Rally Again Dom also stated a higher low has finally 
formed, which can hint at the first sign of a trend change developing. He 
added that the order books are clear and that there was no better time for 
this trend to shift for the XRP price. If the setup fails, the analyst 
remarked that acceptance below $2 is next and that the end-of-year price 
action could turn ugly. Crypto analyst Egrag Crypto also recently highlighted 
key levels to watch for the XRP price. He stated that a close above $2.60, 
which is above the Fib 0.5, is bullish, but doesn’t mean that the altcoin is 
fully out of the woods. Furthermore, he claimed that a close above $3.40, 
which is above Fib 0.888, is super bullish and would mean that the altcoin is 
back in a bull market. On the other hand, a close below the 21 EMA could spell 
trouble for XRP, according to the analyst. A Breakout To $2.75 Could Be In 
Play In an X post, crypto analyst Ali Martinez stated that a breakout toward 
$2.75 could happen if the XRP price breaks above $2.28. His accompanying chart 
suggested a rally to this $2.75 level could open the door to a sustained rally 
to the psychological $3 level. Meanwhile, Martinez warned that XRP could drop 
to as low as $1.2 if it falls below the key support level at $2. Related 
Reading: Analyst Predicts 10x Rally For XRP Price If THis Trend Repeats Crypto 
analyst CasiTrades has predicted one final drop for the XRP price before it 
reaches new highs. She outlined two scenarios for the altcoin after a backtest 
of the $2.04 level. The analyst stated that a double bottom could form around 
$1.80, or the altcoin could see a deeper sweep to the $1.64, .618 macro 
support. However, it is worth mentioning that XRP has successfully broken 
above the $2.04 level, which could invalidate this setup. At the time of 
writing, the XRP price is trading at around $2.18, down in the last 24 hours, 
according to data from CoinMarketCap. Featured image from Freepik, chart from 
Tradingview.com

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