Ripple has minted another batch of its RLUSD stablecoin as XRP records a sharp price rally, climbing nearly 19% over the past 24 hours and briefly reaching $1.24. According to XRP Ledger transaction data from XRPScan, Ripple minted 900,000 RLUSD on Aug. 20. The transaction follows a series of significantly larger RLUSD issuances and burns, highlighting increased activity surrounding Ripples U.S. dollar-backed stablecoin. Data reported by the Ripple Stablecoin Tracker showed that 20 million RLUSD was minted at the treasury several hours earlier. Two separate transactions involving 10 million...

Legendary futures trader and Factor LLC CEO Peter Brandt has reversed his bearish Bitcoin outlook and opened a long position after BTC confirmed a significant technical breakout. Brandt had previously expected Bitcoin to remain under pressure as the cryptocurrency struggled through a prolonged downtrend. He said there was good reason to anticipate another move lower, particularly as a developing chart formation appeared more likely to break bearish. According to Brandt, the extended formation of the patterns right shoulder suggested roughly a 60/40 probability of a downside resolution. The...

XRP price surged more than 25% early Thursday, reaching an intraday high of $1.245 as the broader cryptocurrency market rallied and Bitcoin climbed above $72,000. The sharp move follows months of steady XRP whale accumulation and renewed activity across spot and derivatives markets. Onchain data from CryptoQuant indicates that average XRP spot order sizes have remained within its big-whale range throughout 2026. The trend suggests that large holders have been quietly accumulating XRP despite periods of relatively subdued price action. Crypto analyst Ali recently highlighted another...

The U.S. Treasurys plan to regularly buy back long-term government debt could provide a significant tailwind for Bitcoin (BTC) by easing pressure from elevated bond yields, according to macro strategist Mark Connors. Treasury Secretary Scott Bessent said the government expects to conduct recurring purchases of long-dated Treasury bonds, with buybacks potentially exceeding the previously announced $4 billion. His comments came as the 10-year Treasury yield hovered near 4.68%, while Bitcoin climbed toward $73,000. Connors, chief investment officer at Risk Dimensions, believes the Treasurys...

Bitcoin (BTC) could be approaching a closely watched golden cross, a technical indicator often associated with strengthening long-term bullish momentum in the cryptocurrency market. The potential Bitcoin golden cross would occur if BTCs 50-day simple moving average (SMA), currently around $63,976, continues climbing and crosses above the 200-day SMA at approximately $69,005. For the technical pattern to develop, both moving averages generally need to be trending in the same direction. Bitcoin is currently trading above $71,000 after gaining more than 12% over the past week. The rally has also...

TokenPost’s "Crypto Horoscope” is provided for entertainment and psychological refreshment purposes only, and should not be considered as investment reference material. It is not related to actual market conditions or technical analysis, and does not constitute any form of investment advice. We wish you success in your investments. [Editor’s Note] Aries — “Impulse With a Risk Budget” Index 78: Greed conditions can make a full buy-in feel tempting, but your edge improves when you separate conviction from adrenaline and keep leverage from doing the thinking. Taurus — “HODL, But Read the...

A crypto trader known as pension-usdt.eth lost nearly $24 million after a massive Ethereum short position was liquidated on Hyperliquid, wiping out roughly half of the wallets previous short-selling profits. The trader had maintained a 50,000 ETH short position for more than two months before a sharp crypto market rally forced the trade to close. Hyperliquid records show the liquidation unfolded in just 12 seconds through five separate orders as Ethereums price rapidly climbed. The forced unwind began with 9,989 ETH closed near $2,193, followed by 20,698 ETH around $2,209 and 15,830 ETH near...

Bitcoins surge toward $70,000 triggered nearly $2.7 billion in short liquidations within 24 hours, marking the largest forced closure of bearish crypto positions in CoinGlass records dating back to 2021. Total crypto liquidations approached $3 billion across 172,108 traders. Short positions represented roughly 92% of the losses, while long liquidations totaled about $257 million. That put the short-to-long liquidation ratio at more than 10 to 1, highlighting the intensity of the Bitcoin short squeeze. The scale even surpassed short liquidations recorded during cryptos historic Oct. 10, 2025...

Ether led a broad cryptocurrency market rally Thursday, surging 18% over 24 hours to above $2,250 during Asian trading. The sharp ETH price increase pushed its weekly gain to roughly 20%, making it the strongest performer among major cryptocurrencies. Bitcoin also climbed significantly, trading above $69,100 after gaining nearly 8% in 24 hours and 9% over the past week. BTC briefly approached $69,900 overnight, marking a rebound of more than $5,700 from Wednesdays low near $64,100. Hyperliquids HYPE recorded the biggest individual gain, jumping more than 19% to nearly $70 and extending its...

The Commodity Futures Trading Commission (CFTC) has finalized sanctions against former FTX executives Caroline Ellison and Gary Wang, giving both reduced penalties after their extensive cooperation with regulators investigating the collapsed crypto exchange. A New York federal court entered supplemental consent orders imposing five-year trading bans on both former executives. Ellison, who led Alameda Research, also received a 10-year CFTC registration ban, while FTX co-founder Wang received an eight-year registration ban. Because the restrictions date back to December 2022, Ellisons trading...