The “hard data” signals that Ether is not due for a correction anytime soon, according to Felix Xu, a partner at crypto hedge fund ZX Squared Capital.

Ether rockets 47% in a month as hedge fund says ‘rapid reversal’ unlikely

Tether’s flagship stablecoin USDT is expanding at a record pace, even as new 
U.S. legislation threatens to complicate its future in the world’s largest 
financial market. Its market cap recently reached an all-time high of $160 
billion, driven largely by…

Tether in tight spot after U.S. stablecoin bill passes, but USDT growth defies odds

Australian fintech startup Block Earner has launched what it calls the first 
bitcoin-backed home loan, allowing Australians to use their bitcoin ( BTC) as 
collateral for a home deposit without selling it. The firm offers up to 50% of 
a property’s value as a deposit loan, secured by the borrower’s bitcoin, which 
is held in […]

Aussies Can Now Use BTC as Collateral for Home Deposits

Backpack, the crypto exchange founded by former FTX insiders, has launched a 
new portal to help FTX creditors sell their debt claims directly to interested 
third-party buyers. The announcement was made on July 18 via a post on 
Backpack&#8217;s Chinese…

Backpack launches FTX debt marketplace for claim holders

An analyst has pointed out that the XRP Market Value to Realized Value (MVRV) 
Ratio has just formed a crossover that proved to be highly bullish the last 
time it appeared. XRP MVRV Ratio Has Broken Above Its 200-Day MA In a new post 
on X, analyst Ali Martinez has talked about a crossover that has recently 
occurred in the MVRV Ratio of XRP. The &#8220;MVRV Ratio&#8221; is a popular on-chain 
indicator that keeps track of the ratio between the asset&#8217;s Market Cap and 
Realized Cap. The Realized Cap here refers to a capitalization model that 
calculates the cryptocurrency&#8217;s total value by assuming that the value of each 
coin in circulation is equal to the price at which it was last transacted on 
the blockchain. This is unlike the Market Cap, which simply takes the current 
spot price as the same one value for all coins. Related Reading: Bitcoin Sees 
Influx Of New Capital: First-Time Buyers Add 140,000 BTC The last transfer of 
any token is likely to represent the last time it changed hands, so the price 
at its time can be denoted as its current cost basis. As such, the Realized 
Cap represents the sum of the cost basis of the entire circulating supply. One 
way to interpret the model is as a measure of the amount of capital that the 
investors as a whole have stored in the cryptocurrency. The Market Cap, on the 
other hand, signifies the value that the holders are carrying in the present. 
When the value of the MVRV Ratio is more than 1, it means the Market Cap is 
greater than the Realized Cap. In other words, the investors are holding more 
than they put in. On the other hand, the metric being under this threshold 
suggests the overall network is underwater. Now, here is the chart shared by 
Martinez that shows the trend in the XRP MVRV Ratio, as well as its 200-day 
moving average (MA), over the past year: As displayed in the above graph, the 
XRP MVRV Ratio has seen a sharp surge recently as the asset&#8217;s breakout has 
occurred. With this uptrend, the indicator has managed to break past its 
200-day MA. In the chart, the analyst has highlighted the last time that the 
cryptocurrency&#8217;s MVRV Ratio and its 200-day MA showed this type of crossover. 
What followed back then was a significant bull run in which the coin managed 
to rise by around 630%. Related Reading: XRP Close Above This Level Could Send 
Price To $4.80, Analyst Says Given this precedence, it now remains to be seen 
whether the latest crossover will also prove to be a golden one for XRP. XRP 
Price At the time of writing, XRP is floating around $3.32, up 33% in the last 
seven days. Featured image from Dall-E, Santiment.net, chart from 
TradingView.com

XRP MVRV Ratio Flashes Signal That Last Led To 630% Surge

The crypto market is still climbing, and Ethereum is not relinquishing its 
spot as a top gainer. According to crypto.news data on July 18, 2025, Ethereum 
(ETH) has pushed back into the $3,600 zone for the first time since dropping…