Author: Kryptonews

Ripple said it deepened its relationship with brokerage firm TJM Investments, buying a minority stake that takes it further into the behind-the-scenes infrastructure that institutions use to trade and settle assets.Ripple will support the trading and clearing operations of TJM, a U.S.-regulated broker-dealer, as part of the arrangement. The companies did not disclose financial terms.The relationship builds on Ripple’s institutional platform, Ripple Prime, which provides trading, financing and collateral tools to hedge funds, asset managers and family offices. TJM plans to use the connection to offer digital asset trading to clients in the coming months.Rather than running an exchange or…

As we move through 2025, “PolitiFi” (political finance) coins are facing significant pressure from the broader market. Trump Coin (TRUMP), a prominent asset in this sector, is trading at sensitive levels. Investors are currently debating: Is this a “buy the dip” opportunity or a signal of further sell-offs? The following technical analysis clarifies the potential scenarios. Trump Coin Technical Analysis TRUMP is moving within a strong downtrend. Selling pressure remains dominant, suggesting the asset may continue to decline to seek lower liquidity zones (creating a new bottom) before any sustainable recovery can occur.Currently, the price is likely to attempt a technical recovery…

Ethereum price dropped nearly 18% over the past week as U.S. Ether ETFs logged six straight days of outflows that seem to be weighing on investor sentiment. A bearish reversal pattern on the daily chart now flags the risk of more losses ahead. Summary ETH price dropped nearly 18% over the past week. U.S. Ether ETFs recorded $630 million in outflows over a six-day outflow streak. Multiple bearish patterns have formed on the daily chart. According to data from crypto.news, Ethereum (ETH) price dropped to an intraday low of $2,781 on Friday, Dec. 19, down 18% from last week’s high…

XRP is below a crucial support following a 13% monthly decline. Ripple’s cross-border token, alongside most of the cryptocurrency market, has fallen hard over the past several months, dropping by more than 40% since its July all-time high of $3.65. However, a popular analyst known for backing the token has outlined several reasons why investors should remain strong during this ongoing correction and refrain from selling XRP. #XRP – Why Selling Now Makes NO Sense: If you truly believe we’ve entered a bear market, then selling here is actually the worst possible timing. Bear markets do not move straight…

Metaplanet, a Japanese Bitcoin treasury company, is set to begin trading in the United States via American Depositary Receipts (ADRs).Trading in Metaplanet’s ADRs is expected to start on Friday, with its shares listed in US dollars on the over-the-counter (OTC) market under the ticker symbol MPJPY, according to an announcement.“This directly reflects feedback from US retail and institutional investors seeking easier access to our equity,” Metaplanet CEO Simon Gerovich said in an X post on Friday, adding that the launch marks another step to broader global access to the company.The launch comes months after Metaplanet established a US subsidiary in…

Fragmentation across blockchain networks is already imposing a measurable economic cost on the tokenized asset market, with inefficiencies translating into up to $1.3 billion in annual value drag. In a report sent to Cointelegraph, real-world asset (RWA) data provider RWA.io argued that while blockchains accelerated innovation, they also created walls that trap liquidity and prevent capital from moving freely across networks. As a result, tokenized RWAs have increasingly behaved like disconnected markets rather than a single, unified financial system. The research found that identical or economically equivalent assets routinely trade at different prices across chains, while moving capital between networks remained costly…

Key Takeaways Todd Snyder, who manages the liquidation of the Terra ecosystem, is suing Jump Trading for $4 billion. The crash of TerraUSD and LUNA tokens led to significant investor losses and cascading failures in the crypto sector. Share this article The administrator of Terraform Labs’ bankruptcy, Todd Snyder, has filed a lawsuit against Jump Trading, its executives William DiSomma and Kanav Kariya, accusing them of profiting unlawfully and contributing to the crash of Terraform in 2022, according to The Wall Street Journal.Jump Trading faced scrutiny for its role in the TerraUSD and FTX crises. The TerraUSD/LUNA collapse led to…

The recent surge in privacy-focused cryptocurrency Zcash may reflect short-term capital rotation rather than the start of a durable bull market, according to Real Vision founder and macro investor Raoul Pal. Key Takeaways: Raoul Pal says Zcash’s rally so far looks like capital rotation, not a confirmed long-term uptrend. Despite a 699% gain this year, ZEC has pulled back sharply, falling about 37% over the past month. Pal says Zcash must form a stable price base before its move can be considered structural. Speaking on the When Shift Happens podcast with Kevin Follonier on Thursday, Pal said Zcash’s rally has…

Bitcoin (BTC) aimed for $88,000 on Friday after Japan’s central bank raised interest rates to 30-year highs.Key points:Bitcoin joins US stocks futures heading higher in a curiously bullish reaction to Japan’s interest-rate hike.Commentators argue that no further hikes will happen due to economic forces.Bitcoin continues to hammer out a bottom on longer timeframes.Arthur Hayes eyes BTC price, yen surgeData from Cointelegraph Markets and TradingView showed 2.5% BTC price gains versus the daily open. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewIn line with expectations, the Bank of Japan (BoJ) hiked rates to around 0.75% on the day, marking their highest levels in three…

Phillips has closed 2025 with global sales of $927 million, marking a 10 percent increase against last year. The result follows impressive projected totals by Sotheby’s and Christie’s in 2025, with the houses registering a 17 percent and 7 percent increase, respectively. The narrative coming from the “big three” is quite rightly upbeat, with their balance sheets showing renewed confidence from collectors. At Phillips, auction sales this year accounted for $725 million, while private sales surged to $202 million—an impressive 66 percent rise against 2024. The house’s total is still a way off its two main competitors, though; Sotheby’s said…