Asset manager and ETF issuer BlackRock has been steadily stacking Bitcoin, pushing its holdings to new highs. BlackRock’s iShares Bitcoin Trust (IBIT) now holds over 700,000 BTC (BTC), accounting for roughly 55% of the total Bitcoin held across all US…

BlackRock hits 700K BTC milestone with latest purchase

Cardano&#8217;s blockchain tool could revolutionize audit compliance, boosting 
transparency and trust across various sectors and enhancing ESG efforts.
The post Cardano Foundation unveils blockchain-based tool to simplify audit 
compliance and enhance financial reporting appeared first on Crypto Briefing.

Cardano Foundation unveils blockchain-based tool to simplify audit compliance and enhance financial reporting

Falcon Finance’s Falcon USD (USDf) lost its dollar peg on Tuesday amid falling 
liquidity, collateral quality concerns and accusations of mismanagement.

Falcon USD stablecoin loses dollar peg amid liquidity, collateral concerns

Truth Social has filed to launch a crypto ETF tracking BTC, ETH, SOL, CRO and 
XRP, aiming to list on NYSE Arca after regulatory approval.

Truth Social files S-1 for ‘Crypto Blue Chip ETF,’ tracking top assets

XRP is showing mixed signals across timeframes, leaving traders on edge as the 
price approaches the key $2.35 level. While a recent breakout from a falling 
wedge on the 3-day chart suggests a bullish reversal, the 4-hour chart reveals 
signs of slowing momentum and a possible rising wedge. With buyers and sellers 
locked in a battle, $2.35 could be the tipping point that decides whether XRP 
surges higher or slips into a near-term correction. XRP Breaks Out Of Falling 
Wedge On 3-Day Chart In an X post, LSplayQ highlighted a key technical 
development on the XRP 3-day price chart, pointing to a breakout from a 
falling wedge pattern. This type of pattern is commonly associated with 
bullish reversals, signaling that market sentiment may be shifting in favor of 
the bulls. Related Reading: XRP Silent Accumulation: A Falling Wedge On The 
Verge Of Explosion Following the breakout, XRP is currently trading around 
$2.26, and according to LSplayQ, the move suggests that buyers are stepping 
back in to reclaim control. The price action marks a significant shift after 
an extended period of downward compression within the wedge. If the bullish 
momentum continues, LSplayQ notes that XRP could target a breakout level near 
$2.72, which represents an upside potential of roughly 20% from the current 
price. That said, LSplayQ also warns of the risk of a pullback if XRP fails to 
hold above the wedge breakout level. In such a scenario, the price could 
retest the $2.10 zone as a potential support. Overall, the technical outlook 
leans bullish, as long as XRP maintains its position above the breakout level. 
Rising Wedge Pattern Signals Caution Ahead In a post on X, The Crypto Bushman 
pointed out that XRP is pushing higher on the 4-hour chart, but warned that 
seasoned traders are keeping a close eye on what lies beneath the surface. 
Related Reading: XRP Price Pops and Drops — Can Bulls Regain Control? 
According to the analyst, the price is currently trading above both the 20- 
and 50-day EMAs, which typically signals short-term strength. However, the 
overall structure appears to be forming a rising wedge, a pattern often linked 
to potential reversals. At the same time, momentum is beginning to fade, with 
the MACD flattening and volume tapering off, which Bushman describes as 
classic signs of a potential trap move. The Crypto Bushman emphasized that a 
failure to break cleanly above $2.35 could lead to the setup rolling over. In 
that case, the $2.25 zone becomes a critical level to watch for a possible 
breakdown and shift in sentiment. On the flip side, a strong breakout backed 
by volume could fuel another leg up toward $2.50 if buying pressure returns 
decisively. Featured image from Getty Images, chart from Tradingview.com

Breakout or Breakdown? XRP $2.35 Test Could Decide Its Next Move

Ripple shareholder Linqto has filed for bankruptcy following months of 
controversy around securities laws violations, with the first hearing expected 
on Tuesday.