Digital asset firm Tok-Edge has emerged from stealth with a confirmed 
valuation of $15 million. Following a $1.5 million seed round led by veteran 
investor Marcus Meijer, the firm is now aiming for a $100 million first close 
for its flagship fund later in 2026. Key Takeaways: Tok-Edge secured a $15 
million valuation and a […]

Digital Asset Firm Tok-Edge Hits $15 Million Valuation, Eyes $100 Million Target

Coinbase CEO Brian Armstrong backed the CLARITY Act after delays, aligning 
with Treasury Secretary Scott Bessent’s call.

Coinbase CEO backs CLARITY Act after months of delays in Senate

US CPI rose 3.3% in March as energy prices jumped, while Bitcoin climbed above 
$72,000 after the inflation data release Friday.

US inflation hits 3.3% as Bitcoin jumps above $72K after CPI

XRP has been moving with the broader crypto market, pushing up to important 
support levels and climbing to the top of its recent consolidation range near 
$1.36. That rebound has reignited bullish speculation around the altcoin, and 
now one analyst is laying out a much more ambitious scenario—one that, if it 
unfolds, could translate into a roughly 1,100% rally from current levels. New 
XRP Price Target At $16.39 In a report published by 24/7 Wall St., market 
analyst Javon Marks said he has a fresh chart-based target for XRP that sits 
just under $17. Marks is also the analyst credited with calling XRP’s move 
from $0.56 to $2.47 in January 2024, months before that rally actually 
happened. The new thesis, according to the report, is built around a long- 
running technical structure: a pennant pattern that began forming in 2017 and 
later broke out in late 2024. Related Reading: WLFI Crashes 13% To All-Time 
Lows Amid Growing Liquidation Fears For World Liberty Financial Marks’ 
framework starts with the earlier 2017 phase. The report notes that XRP rose 
from $0.006 to $3.31 in 2017 in one of the largest rallies in its history. 
After that burst, the token fell sharply and then spent about seven years 
consolidating inside the pennant structure described by the analyst. The long 
wait appears to have ended during the post-election crypto rally: in late 
2024, XRP broke out of the pennant, jumping from $0.49 to above $3.60 by 
mid-2025. From there, Marks says he uses a “measured move” method. This 
approach takes the size of the original rally that created the pennant setup 
and projects that distance forward from the later breakout point. Under that 
method, the analysis points to $16.39—just under the nearly $17 level that 
Marks posted on April 8. The report also emphasizes that the measured move is 
not expected to be a straight line, as pullbacks are part of the pattern. What 
Would It Take For The Altcoin To Rally 1,000%? XRP, the report says, already 
moved about 647% from the breakout before retracing back toward the area where 
it currently trades, around $1.36. Marks argues that this pullback looks more 
like the “normal” behavior of the pattern rather than evidence that the 
breakout failed. The report draws a comparison to what happened in 2017: the 
altcoin pulled back sharply after the early move, yet still went on to 
complete the full measured move. If history rhymes again, Marks suggests XRP 
could complete another leg that delivers roughly 1,100% upside from current 
pricing. Related Reading: Expert Forecasts Bitcoin Surge To $80,000 Amid US- 
Iran Ceasefire And Oil Price Drop However, the report makes clear that 
reaching that kind of price would require major real-world changes, not just 
chart follow-through. It says that for XRP to reach such a valuation, several 
things would need to fall into place. Banks on Ripple’s network would need to 
start settling using XRP instead of the company’s RLUSD stablecoin and fiat. 
That shift is described as depending on the long-awaited CLARITY Act passing 
to provide legal cover for the transition. On top of that, XRP ETF inflows 
would need to grow substantially; the report notes that XRP has already 
attracted about $1.2 billion so far, but reaching $17 would likely require 
sustained inflows in the “tens of billions” over multiple years, alongside 
institutional adoption at a scale not yet seen. Featured image from OpenArt, 
chart from TradingView.com

XRP Could Rally Near $20 After Breakout Signal Originating In 2017, Analyst Says

Bitcoin treasury firm Nakamoto is seeking shareholder approval for a reverse 
stock split to meet Nasdaq listing requirements. The move follows a steep 
share price decline and mounting pressure on its business model. Key Takeaways 
Nakamoto stock currently trades at $0.21, as the company seeks a reverse stock 
split before June 8 to meet the […]

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