News & Insights

Stay updated with the latest developments from the XRP Echo validator, token governance, and the broader XRPL ecosystem.

Bitcoin 02:30, 09 May 2025

Bitcoin bulls rebound after brief pullback to $94K – Is $107K ATH next?

Bitcoin has exhibited a bullish structure with its swift recovery from a dip to $93.4k, indicating a temporary setback rather than a trend reversal. Technical metrics and liquidation heatmaps corroborate the cryptocurrency's strong upward momentum, implying that Bitcoin's price could be propelled towards higher levels.

ambcrypto.com
MVRV ratio 02:00, 09 May 2025

Can Ethereum outperform Bitcoin like in 2019? – THIS ratio says yes, but…

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is currently experiencing a significant undervaluation relative to Bitcoin (BTC), a situation reminiscent of what was last observed in 2019. Historical trends suggest that when ETH has been undervalued against BTC as per the ETH/BTC MVRV ratio, it has often led to robust Ethereum rallies with ETH outperforming BTC for extended periods, fueled by speculative inflows and altcoin market rotations.

ambcrypto.com
Blockchain 01:30, 09 May 2025

Ripple Vs. SEC Battle Update: Crypto Firm Seeks Final End To Legal Turmoil

In what could be a defining moment for the regulation of cryptocurrencies in the United States, Ripple, a notable blockchain company, has made a significant update on its legal proceedings with the U.S. Securities and Exchange Commission (SEC), possibly signaling the endgame of a contentious lawsuit.

bitcoinist.com

70% dogwifhat traders go long – Is $0.78 in sight for WIF?

Dogwifhat (WIF), a popular Solana-based memecoin, has extended its bullish run for a consecutive third day, in sync with a broader recovery across the cryptocurrency market. The memecoin experienced a notable increase in trading volume and price, with a 9% gain over 24 hours, bringing its trading level close to $0.62 at the time of the report.

ambcrypto.com

U.S. Senate split on GENIUS Act – Stablecoin rules by August?

The GENIUS Act, officially titled the Guiding and Establishing National Innovation for U.S. Stablecoins, has become a polarizing subject in U.S. politics, particularly within the framework of regulating stablecoins—a type of cryptocurrency designed to maintain a constant value, typically pegged to a fiat currency like the US dollar. Intended to advance U.S. stablecoin regulation by August, the legislation is now central to a fierce debate that has split both the Senate and the broader political landscape.

ambcrypto.com

Crypto market hits $3 trillion as Trump teases massive trade deal

The cryptocurrency market has experienced a monumental breakthrough, surpassing the $3 trillion valuation as geopolitical movements and trade talks, particularly those involving the United States, have become pivotal catalysts. With former President Donald Trump at the helm, the United States has seen a resurgence of his foreign trade policy, specifically with the re-implementation of tariffs against numerous countries that have historically been both allies and competitors on the global stage.

ambcrypto.com
cryptocurrency 23:00, 08 May 2025

OCC greenlights banks to trade crypto on behalf of clients

The U.S. Office of the Comptroller of the Currency (OCC) has issued a progressive clarification regarding the association between traditional banks and cryptocurrencies, delineating that banks are now officially allowed to engage in activities involving crypto assets like Bitcoin for their clients. This move has further expanded the regulatory support for cryptocurrencies within the banking sector, building upon previous guidelines which had already set a positive tone for banks engaging in crypto-related services.

ambcrypto.com
Realized Cap 22:00, 08 May 2025

Bitcoin realized cap hits $890B: A stepping stone to $100K?

The Bitcoin market has observed a significant rise in investor activity, with Realized Cap reaching a new all-time high of $890.74 billion amid active whale accumulation. Realized Cap, which measures the value of coins at the time they last moved, suggests growing investor confidence as it climbs for the third consecutive week.

ambcrypto.com

Ripple Price Forecast: XRP Battles Resistance as Risk-On Sentiment Grows

XRP, Ripple's prominent digital asset, is closing in on a significant juncture in its market price, with a marked resistance level at $2.21. This key resistance is characterized by the convergence of the 50-day and the 100-day Exponential Moving Averages (EMAs), coupled with a downward trendline that has been ongoing since January. This resistance is crucial as it represents the intersection of different technical indicators that could dictate XRP’s future price direction.

www.crypto-news-flash.com

Why are Democrats quietly backing Trump’s controversial crypto plan?

As the world of cryptocurrency continues to grow and intertwine with the broader economy, it finds itself at the center of a controversial political debate in the United States. Former President Donald Trump has been heavily criticized by Democrats for his involvement with cryptocurrency projects and is being accused of promoting a pay-to-play presidency. However, beneath the public displays of condemnation, there appears to be a complex and somewhat contradictory stance within the Democratic Party itself.

ambcrypto.com

Trump crypto surges 13%, but THESE 3 signs warn of a possible dip

The cryptocurrency associated with former U.S. President Donald Trump, known as "TRUMP," has seen significant gains in the past 24 hours, with a notable 13% increase, placing it among the highest gainers in the market. Despite this increase, market analysis indicates a lack of confidence among traders for the asset’s future growth.

ambcrypto.com
Bitcoin reserve 19:00, 08 May 2025

Texas one step away from creating official Bitcoin Reserve

In a significant development for Bitcoin adoption at the state level in the United States, Texas is advancing a bill to create what could become the nation's first state-managed Bitcoin reserve. The proposed legislation, Senate Bill 21, which aims to establish a "Texas Strategic Bitcoin Reserve," has successfully progressed through the Texas House Committee on Government Efficiency. Having already been cleared by the Senate, the bill requires only a full House vote and the governor's signature to become law.

ambcrypto.com

XRP whale activity spikes: Is a breakout finally coming?

Recently, Ripple has stirred the cryptocurrency market by moving a sizeable amount of XRP, amounting to 370 million tokens. This transfer has been a talking point because it involves a staggering sum of roughly $782 million. During these developments, the XRP token experienced a modest price surge of 2.98% within a span of 24 hours, reaching a trading price of $2.20.

ambcrypto.com
BTC reserve 17:00, 08 May 2025

Arizona follows New Hampshire: Bitcoin reserve bill ‘signed into law’ 

Arizona took significant steps toward embracing cryptocurrency by enacting legislation to establish a strategic Bitcoin (BTC) reserve. Arizona's move follows New Hampshire, making it the second US state to pass such legislation. Interestingly, this comes on the heels of Arizona initially rejecting a related bill.

ambcrypto.com
Ripple 16:05, 08 May 2025

XRP News: Morgan Stanley Labels Ripple a Top Contender in Global Payment Systems

Ripple, a digital payment protocol, has garnered attention from top financial institutions like Morgan Stanley and JPMorgan for its potential to revolutionize cross-border payments. Ripple (XRP) offers an alternative to the traditional SWIFT system in international money transfers. An examination of banking and financial academics, as well as a document from Morgan Stanley, has revealed that by adopting Ripple's technology, banks could experience a significant reduction in settlement times and processing costs, with potential savings around 60% on a $500 payment, while also mitigating the risk of fraud and enhancing transaction speed.

www.crypto-news-flash.com
Bitcoin 16:00, 08 May 2025

As Bitcoin nears $100K, profit-taking causes concern: What’s ahead for BTC?

Bitcoin has been experiencing a surge in value, with its price hitting a two-month high. The continued increase in Bitcoin's value has led to many investors taking profits, instigating concerns amongst analysts about the possibility of a local price peak forming. Bitcoin's aggressive profit-taking is particularly noticeable, as it recently climbed by 2.47% in 24 hours, placing it around the $99,287 mark and leaving most holders in profit.

ambcrypto.com

Game-changer: Asian stock brokers start accepting USDT and USDC for trading

Futu Securities, a prominent name in Hong Kong's online brokerage scene, has made a significant move toward integrating the world of traditional finance with cryptocurrencies. This integration, which is taking place on the NiuNiu platform, allows qualified investors to trade popular digital currencies such as Bitcoin (BTC), Ethereum (ETH), and USDT (Tether) alongside stocks and other conventional assets. This service provides users the convenience of switching effortlessly between digital and traditional marketplaces, which is a significant stride in bridging the two financial worlds.

ambcrypto.com

TRON holds steady as whale activity soars: Will $0.26 resistance break?

TRON [TRX], the blockchain platform known for enabling high-volume transactions with minimal infrastructure, has experienced contrasting growth dynamics. While user growth has seen a downturn, robust transaction volumes point to a maturing ecosystem.

ambcrypto.com
ETH supply barrier 13:00, 08 May 2025

Ethereum tests $1,860 resistance zone, but first, ETH must overcome…

Ethereum (ETH) is currently nearing a critical resistance level with a notable congregation of 4.54 million wallets holding approximately 5.58 million ETH between the price range of $1,850 and $1,880. This concentration of supply signifies a significant barrier as many of these holders may potentially sell to break even, potentially applying strong sell pressure on the cryptocurrency. Adding to the challenge, this price level has psychological significance due to Ethereum’s recent price increase, with ETH trading at $1,914.85, marking a 4.44% rise in the last 24 hours.

ambcrypto.com
BNB 12:00, 08 May 2025

Binance Coin’s $749 target: Decoding odds of a 23% BNB rally

In 2024, Binance Coin (BNB) experienced a substantial increase in network growth, marking its second-highest level in the year. This surge indicated significant on-chain user engagement and suggested a potential for heightened activity on the BNB Smart Chain. Within a 24-hour period, the bullish momentum for BNB grew, with the altcoin experiencing a 1.36% rise and nearing double-digit monthly returns. Market data and on-chain activities pointed towards this growth trajectory, painting a promising picture for a potential rally.

ambcrypto.com
Bitcoin 11:00, 08 May 2025

Bitcoin Fed outlook – Will lower rates take BTC to $200K by December 2025?

During the early hours of the Asian trading session on May 8th, Bitcoin experienced a significant increase in value, reaching $99,000 for the first time since February and marking a 32% recovery from the lows seen in April. This bullish momentum occurred shortly after the Federal Reserve's decision to maintain interest rates at their current levels, despite observing solid labor market conditions and persistently high inflation.

ambcrypto.com

Popcat hits 4-month high: Is $0.50 next? – Analysis reveals…

Popcat, a cryptocurrency memecoin, has experienced an impressive performance recently. It witnessed a significant daily surge of 14.86%, catapulting its value to a four-month high of $0.47. This remarkable increase has propelled it from a local low of $0.39. Despite a slight pullback after reaching the high, Popcat has continued to trade strongly, showing an 18.44% rise on its weekly chart and an astounding 229.31% jump on its monthly chart.

ambcrypto.com
Bitcoin 09:00, 08 May 2025

Bitcoin defies doubts at $98K, so why are investors still cautious?

Bitcoin has been experiencing a rally, with its value holding strong above the $98,000 mark. However, this surge in price comes with a contrasting backdrop of negative investor sentiment. A notable divergence has been observed between Bitcoin's rising valuations and the continued bearish mood among investors, with many expressing skepticism about the sustainability of the current bull market.

ambcrypto.com
Cardano 08:45, 08 May 2025

Cardano under scrutiny: Was ADA worth $619M misused? – Hoskinson responds…

Charles Hoskinson, co-founder of the cryptocurrency platform Cardano [ADA], has publicly dismissed allegations that he manipulated the Cardano ledger in 2021 to seize 318 million ADA, which was valued at approximately $619 million at the time. Hoskinson addressed the controversy on social media, refuting the claims of fund misappropriation as baseless and warning of potential legal action against those perpetuating what he deems to be misinformation.

ambcrypto.com

Litecoin holds key support – Mapping LTC’s road to $94 and beyond

Litecoin (LTC) recently experienced a surge, surpassing a significant resistance level at $89.3, which hints at a potential for further gains. Despite the recent momentum, the cryptocurrency market did not exhibit strong demand for Litecoin, and thus a more explosive rally is considered unlikely at this stage. Nevertheless, the digital currency managed to close a daily trading session above the 78.6% Fibonacci retracement level, which is commonly viewed as a bullish signal, indicating that a rise toward $96 could be on the horizon.

ambcrypto.com