Coinbase&#8217;s acquisition of Deribit signals intensified competition and consolidation in the crypto derivatives market, reshaping industry dynamics. The post Coinbase enters $2.9B deal to acquire top Bitcoin, Ether options platform Deribit appeared first on Crypto Briefing.

Coinbase enters $2.9B deal to acquire top Bitcoin, Ether options platform Deribit

Jupiter token was among the stronger performers during this rally, thanks to 
the growth of Solana&#8217;s ecosystem.

Jupiter crypto jumps 11% as Solana’s DeFi ecosystem grows

Ethereum has surged past the critical $2,000 psychological and technical level 
after an explosive move from $1,800 support. This breakout could mark the 
beginning of a major rally toward $2,820, a 40% upside potential if momentum 
holds. After weeks of…

Ethereum price reclaims $2000: is this the start of a major bull run?

Crypto analyst ArShevelev has raised the possibility of history repeating 
itself for the XRP price. If so, the analyst indicated that the altcoin could 
witness a 2017-like rally, which would send its price to double digits. XRP 
Price To Reach $10 If History Repeats Itself In a TradingView post, ArShevelev 
predicted that the XRP price could reach as high as $10 if history repeats 
itself. He remarked that the current XRP chart screams “déjà vu” with the 
altcoin’s price action mirroring the 2014 to 2018 cycle. The analyst noted 
that XRP broke out from its 2014 all-time high (ATH) in 2017, leading to a 
massive rally. Related Reading: XRP Price Is Eyeing Another Breakout To $4: 
Analyst Says Watch This Level A similar setup is playing out for the XRP 
price, but with a twist. ArShevelev stated that XRP is struggling to break 
through the 2018 ATH resistance zone around $3.31, which he claimed reminded 
him of the breakout consolidation phase in 2017. The analyst added that this 
consolidation has historically led to a breakout, and the chart hints at a 
potential repeat. He affirmed that the price could witness a parabolic move if 
it breaks out soon, potentially targeting much higher levels. However, the 
analyst warned that the current resistance is a tough hurdle, and XRP might 
pull back to lower supports if it fails. ArShevelev also provided key levels 
to watch out for. He highlighted $3.31 as the major resistance while $1.643 is 
the major support. The breakdown risk is $0.650, meaning the XRP price could 
still drop to last year’s lows. The analyst admitted that he isn’t fully 
convinced about the setup but considers it intriguing. He added that this 
could be XRP’s moment to shine. The Altcoin Needs To Break Out Of Its Current 
Range Crypto analyst Ali Martinez recently highlighted the need for the XRP 
price to break out of its current range. In an X post, he stated that the key 
levels to watch are $2 and $2.26. The analyst added that a decisive close 
outside this range could set the tone for the next major trend. Related 
Reading: XRP Price Breaks Above ‘Magic Line’ With Bullish Continuation Toward 
$3 Martinez looks to be favoring a downtrend for the altcoin&#8217;s price in the 
short term. In another post, he stated that XRP could be due for a 
retracement, with the TD Sequential flashing a sell signal on the 3-day chart. 
Crypto analyst CasiTrades also didn’t rule out a possible correction for the 
XRP price. However, she claimed the altcoin could bounce off key supports to 
new highs, noting that momentum was building. She revealed that the RSI is 
showing signs of selling exhaustion on the lower timeframes, and the price 
action is beginning to compress. This often signals a bigger move is on the 
horizon. At the time of writing, the XRP price is trading at around $2.17, up 
almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured 
image from Getty Images, chart from Tradingview.com

XRP Price Repeating History? 2017-Like Rally To Send Price To $10

On Thursday, U.S. President Donald Trump blasted the Federal Reserve and its 
Chair, Jerome Powell, after the central bank kept the federal funds rate 
unchanged the day prior. He hopped onto social media via Truth Social and 
branded Powell a “fool.” Trump Torches Fed Boss Over Inflation Moves President 
Trump has once again lobbed colorful […]

Trump Rips Fed Chief as ‘Fool’ After Rate Freeze, Declares ‘Golden Age’ Is Coming

Pepe Coin, a top Ethereum meme coin, soared and crossed a crucial resistance 
level as its spot volume and futures open interest jumped. Pepe (PEPE) token 
jumped to a high of $0.000010, its highest level since February 18, and 65%…