Coinbase is set to launch the Coinbase One Card this fall, offering up to 4% back in Bitcoin on every purchase. Developed in partnership with American Express, the Coinbase One Card is designed to reward users in Bitcoin (BTC), starting…

Coinbase to launch Bitcoin rewards card powered by American Express

The acknowledgment officially starts the clock for the US securities regulator 
to decide on the proposed Bitcoin and Ether combined ETF.

SEC acknowledges Trump’s Truth Social Bitcoin and Ethereum ETF

This past week, 80,000 long-dormant bitcoins—often dubbed “sleeping 
bitcoins”—were suddenly on the move, shifting to fresh addresses for the first 
time since 2011. The dramatic relocation caught plenty of eyes, sparking 
curiosity and chatter across the crypto space. Here’s a deep dive into what 
sleeping bitcoins are all about—and why they matter so much. Bitcoin […]

Lost or Just Waiting to be Spent? The Curious World of Sleeping Bitcoins Explained

XRP price started a strong upward move above the $2.250 zone and tested $2.35. 
The price is now correcting gains below the $2.30 level. XRP price started a 
fresh increase above the $2.250 zone. The price is now trading above $2.250 
and the 100-hourly Simple Moving Average. There was a break below a bullish 
trend line with support at $2.2650 on the hourly chart of the XRP/USD pair 
(data source from Kraken). The pair could start another increase if it stays 
above the $2.240 zone. XRP Price Fails To Retains Gains XRP price started a 
fresh increase after it settled above the $2.250 level, beating Bitcoin and 
Ethereum. The price was able to climb above the $2.2850 resistance level. The 
bulls were able to push the price above the $2.30 level. However, the bears 
remained active near the $2.350 zone. The price faced rejection and started a 
fresh decline. It declined below the 50% Fib retracement level of the upward 
move from the $2.205 swing low to the $2.353 high. Besides, there was a break 
below a bullish trend line with support at $2.2650 on the hourly chart of the 
XRP/USD pair. The price is now trading above $2.250 and the 100-hourly Simple 
Moving Average. On the upside, the price might face resistance near the $2.280 
level. The first major resistance is near the $2.2880 level. A clear move 
above the $2.2880 resistance might send the price toward the $2.320 
resistance. Any more gains might send the price toward the $2.350 resistance 
or even $2.3650 in the near term. The next major hurdle for the bulls might be 
$2.40. More Losses? If XRP fails to clear the $2.2880 resistance zone, it 
could start another decline. Initial support on the downside is near the 
$2.250 level. The next major support is near the $2.240 level and the 76.4% 
Fib retracement level of the upward move from the $2.205 swing low to the 
$2.353 high. If there is a downside break and a close below the $2.240 level, 
the price might continue to decline toward the $2.220 support. The next major 
support sits near the $2.20 zone. Technical Indicators Hourly MACD – The MACD 
for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative 
Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support 
Levels – $2.250 and $2.240. Major Resistance Levels – $2.2880 and $2.320.

XRP Price Pops and Drops — Can Bulls Regain Control?

Bitcoin has continued to trade within a tight range just below its previous 
all-time high, showing recent signs of upward movement but falling short of 
reclaiming its peak price. The asset recorded a seven-day high of $110,307, 
but it has since cooled, with current trading levels around $108,311, 
representing a slight 0.3% drop over the last 24 hours. While the broader 
market maintains cautious optimism, several indicators suggest that market 
participants remain split on where Bitcoin is headed next. Related Reading: 
Are Bitcoin Retail Traders Back In The Market? On-Chain Data Suggests So 
Bitcoin Shorts Increase on Binance Despite Price Climb Despite the price 
strength seen in recent days, certain signals hint at increasing friction 
between bullish price action and bearish positioning from traders. According 
to a recent analysis by CryptoQuant contributor BorisVest, Bitcoin’s rise is 
being met with a counterintuitive decline in funding rates on Binance, the 
largest crypto exchange by volume. This trend could play a crucial role in 
shaping short-term market behavior. BorisVest noted that as Bitcoin 
consolidates within the $100,000 to $110,000 range, funding rates on Binance 
have gradually declined. This suggests that a significant number of traders 
are taking short positions—essentially betting that Bitcoin’s rally will soon 
reverse. The analyst explained that this behavior indicates skepticism about 
the sustainability of the recent price gains, particularly among retail and 
leverage-focused traders. “The declining funding rates show that users on 
Binance are increasingly shorting Bitcoin,” he explained. “This dynamic often 
creates forced exits as short positions come under pressure, leading to 
liquidations or forced margin increases. These events can further propel 
upward price movement as positions get closed out automatically.” Given 
Binance’s dominance in trading volume, BorisVest emphasized that its funding 
rate trend serves as a strong proxy for overall market sentiment. If current 
positioning continues, the market may see a short squeeze, which could 
accelerate Bitcoin’s momentum toward new highs. On-Chain Metric Flags Caution 
as NVT Golden Cross Edges Higher While futures market dynamics are drawing 
attention, on-chain data is also showing signs worth monitoring. Another 
CryptoQuant analyst, Burak Kesmeci, highlighted the movement of Bitcoin’s NVT 
Golden Cross metric, a tool used to assess market value in relation to on- 
chain transaction volume. This metric has historically signaled local tops 
when it moves above specific thresholds. In his analysis, Kesmeci pointed out 
that the NVT Golden Cross successfully identified three prior short-term peaks 
in 2025, each followed by corrections ranging from 9% to over 20%. Related 
Reading: Bitcoin Exchange Outflows Continue To Rise: Investor Confidence At An 
All-Time High? The metric currently sits at 1.98, below the 2.2 threshold that 
has often indicated overheated market conditions, but is trending upward. 
“While the current level isn’t yet in the danger zone,” Kesmeci wrote, “its 
upward trajectory could be an early warning that price momentum is beginning 
to overextend.” However, the analyst cautioned against interpreting the signal 
as immediately bearish. In previous cases, the NVT Golden Cross remained 
elevated for several days before a correction followed. This behavior may 
instead point to continued strength among bulls, at least in the medium term, 
even if a near-term pullback remains possible. Featured image created with 
DALL-E, Chart form TradingView

Bitcoin Traders Are Betting Against the Rally, Will It Backfire?

US House lawmakers have been urged by 65 crypto organizations to pass the 
CLARITY Act, which would hand most policing of crypto to the CFTC.