Bitcoin is hovering around $117,826 on Wednesday as open interest in futures and options markets pushes into record territory, signaling intense institutional and speculative activity. The Data Behind Bitcoin’s Quiet Power Shift on Derivatives Exchanges Open interest (OI) in bitcoin derivatives continues its climb as traders allocate capital toward both futures and options amid heightened […]

Why Options Traders Are Suddenly Targeting $200K Bitcoin Strikes

Analysts project a 4.8% growth rate in S&amp;P 500 earnings per share (EPS) for 
Q2, which would be the slowest since Q4 2023. Still, historically, 75% to 77% 
of S&amp;P 500 companies exceed EPS estimates. Major banks like JPMorgan Chase, 
Citigroup and Bank of America have already reported better-than-expected 
results for Q2 2025. S&amp;P 500 […]

AI Stocks Expected to Drive Future Growth Amidst Mixed Earnings Season

After nearly eight years of being trapped under a long-term resistance line, 
XRP is set to make headlines again as it inches closer to a historic breakout 
against Bitcoin (BTC). With XRP Spot ETF approvals still pending, this 
breakout could signal the start of a significant shift in momentum and price 
trajectory. XRP To Break Major Resistance Against Bitcoin The XRP/BTC trading 
pair is rapidly approaching a critical technical breakout that could reshape 
its long-term value outlook. Crypto market expert Gordon noted in his chart 
analysis on X social media that XRP/BTC is close to breaching an 8-year 
descending resistance line—a move that could spark a major structural change 
in the market. Related Reading: XRP Open Interest Explodes To January ATH 
Levels, Will Price Follow Above $3? A breakout from this resistance could not 
only signal the end of nearly a decade of underperformance against Bitcoin but 
also serve as a potential precursor to a broader revaluation of XRP. Gordon’s 
biweekly chart illustrates XRP&#8217;s historical struggle to gain ground against 
Bitcoin, with repeated rejections from a strong descending line that has acted 
as a barrier since 2017. However, after experiencing long years of 
consolidation and accumulation, XRP/BTC now appears to be forming a large 
Symmetrical Triangle, with the current price hovering just below the upper 
boundary of the formation. Based on Gordon’s analysis, this technical 
compression suggests an imminent breakout, especially as price action builds 
momentum. What makes this potential breakout even more intriguing is that 
XRP’s rising value and current momentum have occurred without any significant 
bullish catalysts. The upward movement in XRP/BTC comes even before any 
official news concerning a potential XRP Spot ETF approval. The anticipation 
surrounding this ETF is already palpable, and a favorable decision could act 
as a powerful catalyst for continued upside. This scenario aligns with 
Gordon’s assessment that a breakout from the 8-year trendline could be a 
gateway to a generational wealth opportunity. 2025 XRP Spot ETF Approval Odds 
Hit 95% According to new data shared by market expert Steph is Crypto, XRP has 
emerged as one of the front-runners in the race for Spot ETF approval in the 
United States (US). The analyst has stated that the probability of an XRP ETF 
approval by the US SEC in 2025 has increased to a whopping 95%. Related 
Reading: XRP Wave 3 Could Repeat 600% Surge From Nov 2025, Target Set For $15 
XRP currently shares the highest projected odds of approval alongside Litecoin 
and Solana, signaling a major shift in sentiment toward altcoin-based ETFs. 
Already, a growing number of institutional asset managers are investing in 
this ETF, including Grayscale, Bitwise, 21Shares, WisdomTree, Canary, and 
others. Just a few days ago, reports also revealed that the SEC has officially 
approved the conversion of the Bitwise 10 Crypto Index Fund into an ETF, which 
will include assets such as XRP, BTC, ETH, and others. Featured image from 
Getty Images, chart from Tradingview.com

XRP Is About To Break 8-Year Resistance Against Bitcoin Ahead Of Spot ETF Approval

FTX will begin its next creditor payout on September 30, 2025, following a 
$1.9B reserve reduction and August 15 record date.
The post FTX prepares third round of distributions as court frees up $1.9B in 
claim reserves appeared first on Crypto Briefing.

FTX prepares third round of distributions as court frees up $1.9B in claim reserves

With the trial of the Tornado Cash co-founder ending its eighth day, a witness 
testified Roman Storm had control over some of the funds connected to the 
mixing service.

Crypto 'control' takes center stage at Roman Storm trial

A pro-crypto US government, near-insatiable institutional investor demand, and 
the chance for ETH staking ETFs made ETH a top performer last week.