Polymarket, the blockchain-powered prediction platform where traders wagered nearly $3.2 billion on the 2024 U.S. election, is reportedly courting investors in a $200 million round. The deal could push its valuation past $1 billion, propelling it into unicorn territory. On…

Polymarket nears unicorn status with $200m funding round: report

Only five US senators out of the 11 typically on the digital assets 
subcommittee were available to ask questions about a potential market 
structure bill.

Many senators absent from ‘bipartisan’ crypto market structure hearing

Rising institutional interest in crypto may include the settlement sector, 
especially stablecoins, which have seen a 55.5% growth in market cap in one 
year.

FalconX joins Crypto.com as partner for Lynq institutional settlement network

Meliuz, previously known for its cashback operations, has become the largest 
holder of bitcoin in Latam, surpassing Mercado Libre. Meliuz Chairman Israel 
Salmen stated that with the latest purchase, the company now holds nearly 600 
BTC and aims to acquire more. Meliuz Blazes Past Mercado Libre to Become 
Largest Public Bitcoin Company in Latin America […]

Meliuz Becomes the Largest Bitcoin Treasury Company in Latam With Latest Purchase

A crypto analyst has reaffirmed a bullish outlook for XRP, suggesting that the 
cryptocurrency’s price action is unfolding exactly as anticipated. The analyst 
points out that XRP is now approaching the critical support level at $1.90, 
which could signal a potential bullish reversal if the price manages to hold 
above it. XRP Eyes $1.90 As Key Reversal Zone Crypto market expert CasiTrades 
believes that the XRP price behavior is moving exactly as predicted following 
its recent price drop below $2. According to the chart and analysis published 
on X (formerly Twitter), XRP’s retracement toward the $1.90 region is not a 
sign of weakness but a textbook setup for a potential reversal. Related 
Reading: Daily Timeframe Says XRP Price Is On The Verge Of Breakout The $1.90 
level represents a major Fibonacci Retracement zone, specifically the 0.5 
retracement from the macro correction, which the analyst has been closely 
watching for a possible price reaction. According to CasiTrades, this zone is 
more than just a random support level—it aligns with a pattern that the 
analyst described in earlier updates. In these previous reports, CasiTrades 
was watching out for distinct price movements during XRP’s decline, including 
a bounce off a key Fibonacci level, a short-term fakeout upward to trap late 
buyers, and a final drop back into the support zone, where Bullish Divergence 
can develop. This distinct price pattern now appears to be playing out exactly 
as expected on the XRP price chart. If XRP holds above the $1.90 level while 
forming a Bullish Divergence on the Relative Strength Index (RSI), it could 
confirm a textbook bottom setup and potentially signal the start of a new 
impulsive rally. XRP And Bitcoin Display Synchronized Patterns CasiTrades&#8217; 
price chart shows XRP forming a Descending Triangle, with its latest move 
dipping just into a high-demand zone marked by previous price reactions. In 
line with the Elliott Wave Theory, this pattern suggests the upcoming 
completion of Wave 2 with a massive breakout in Wave 3 potentially taking 
shape if the $1.90 support level holds. Additional support from key Fibonacci 
levels, such as the 0.618 and 2.136 extensions at $2.0 and $2.1, respectively, 
reinforces strength in XRP’s potential for a rebound. Related Reading: XRP 
Price Enters Perfect Setup After Buy Retest – Next Stop $3.7 Interestingly, 
the analyst points to the Bitcoin price action mirroring this exact 
behavior—bouncing from just under its own 0.236 retracement near $97,000, and 
potentially setting up for a final dip into support. This synchronized 
structure across both XRP and BTC adds heavy confluence. CasiTrades notes that 
this current downturn is not a breakdown, but rather a final calculated 
shakeout before a broader rally. If both Bitcoin and XRP reach as expected 
while positioned at $0.19 and $97,000 respectively, the analyst believes it 
could trigger a new bullish leg in the crypto cycle. Featured image from Getty 
Images, chart from Tradingview.com

Analyst Says XRP Is Moving According To Plan, Here’s Why $1.90 Is Important

Ether gains bullish momentum as technical indicators, rising ETF inflows, and 
a potential capital rotation from Bitcoin signal a possible breakout above 
$2,500.