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Bitcoin is holding above $78K after a sharp recovery from the $60K area, but the latest price action suggests that buyers have yet to secure a decisive breakout above the upper resistance levels. At the same time, the exchange whale ratio has risen significantly, adding a potentially bearish supply-side signal to the otherwise constructive technical structure.

Bitcoin Price Analysis: The Daily Chart

The daily chart shows a significant structural improvement following the recovery from the $60K support zone. BTC broke above the $67K area and subsequently reclaimed the $72K zone, which had previously acted as resistance. The price is now trading around $78.5K, comfortably above both major moving averages shown on the chart.

The short-term challenge is the $82K resistance zone. This area coincides with the recent swing highs, making it an important barrier for the buyers. A daily close above this level would strengthen the recovery structure, as it would create a higher high after months of downtrend. Therefore, this potential breakout could open the way toward the $95.6K resistance region.

Momentum has also improved considerably. The daily RSI climbed from oversold territory during the June bottom and is now just below the overbought territory. However, it has started to turn lower after reaching elevated levels, suggesting that momentum is cooling rather than accelerating.

On the downside, the $72K zone is the first major support to monitor. Holding above it would keep the broader recovery intact, while a deeper correction could bring the $67K region back into focus.

Therefore, the daily structure remains cautiously constructive, but BTC needs to clear $82K to confirm that the recent recovery is evolving into a stronger bullish continuation rather than another rejection from resistance.

BTC/USDT 4-Hour Chart

The 4-hour chart provides a more cautious picture. BTC has been moving inside a falling wedge-like structure since reaching the $82K area in late August. The upper trendline has repeatedly capped advances, while the lower boundary currently sits around $76K.

BTC is now testing the upper boundary of this structure once again. A successful breakout above this resistance line, which is currently near the $78K mark and declining, would be the first indication that buyers are attempting to regain short-term control.

A potential breakout would lead to another push toward the $82K area, which, as mentioned, is currently the most important resistance level on the daily timeframe.

Conversely, failure to break the wedge and a move below $76K could trigger a deeper correction toward the $72K-$74K area, which has turned into support after getting broken to the upside earlier. Holding this zone would be critical for keeping the recovery alive, as a breakdown could undo all the positive price action BTC has shown over the past couple of weeks.

On-Chain Analysis

The exchange whale ratio measures the proportion of exchange inflows associated with the largest transactions, making it useful for assessing whether large holders are becoming more active in sending BTC to exchanges. A rising reading can indicate increased potential selling pressure, although it does not necessarily mean that whales are immediately selling.

The chart shows the 30-day moving average of Bitcoin’s exchange whale ratio rising sharply during the latest price recovery. It has moved back toward the 0.32 area, which is nearly the highest level visible on the chart, while BTC is trading around $78.5K.

This development is worth monitoring. Bitcoin has recovered substantially from its June lows, but the increasing whale ratio suggests that large transactions toward exchanges have also become more prominent, which could unbalance the supply and demand equation in favor of the sellers. If this elevated reading persists while BTC struggles to break above the $80K-$82K area, it could reinforce the case for a rejection or consolidation.

On the other hand, a decisive breakout above $82K accompanied by a subsequent decline in the whale ratio would provide a more constructive confirmation that the increased whale activity is not translating into significant distribution and that there is enough fresh demand to absorb whales’ distribution.

The post BTC Price Analysis: Bitcoin Rebounds From $76K but Crucial Resistance Remains Above $80K appeared first on CryptoPotato.

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XRP price jumped +4% today, currently trading at $1.38, after touching a low of $1.3409. An interesting move, but the number underneath it is more interesting than the candle itself. Bitwise research analyst Ryan Rasmussen told an audience of roughly 400 wealth managers this week that XRP generated more questions than any other cryptocurrency during a presentation covering Bitcoin, Solana, Hyperliquid, stablecoins and tokenization.

He called the interest level “a lot” in a post-event thread.

A companion audience poll found 67% of attendees currently hold no crypto allocation at all, yet 60% expect prices to be higher by the end of 2026 and plan to allocate within the next year. There is a wide gap between sentiment and action.

ETF inflow data has already been building the case that XRP is shifting from retail speculation toward regulated portfolio exposure, and this poll adds anecdotal weight to that thesis.

Discover: The Best Token Presales

Can XRP Price Hit $2 This Week?

Xrp (XRP)

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XRP’s chart has been compressing into a descending triangle since the August spike to roughly $1.70, and the $1.35–$1.38 zone is doing the heavy lifting right now as primary demand. Volume near this band has historically been elevated, which technicians read as the market’s real decision point rather than noise. The 200-day EMA sits close by, reinforcing $1.33–$1.35 as structural support.

A reclaim of $1.55–$1.60 opens the door to the $1.68–$1.72 swing-high liquidity zone, with $1.86 and the $2.00 psychological level as stretch targets if wealth-manager allocations actually convert to inflows, as recent institutional accumulation data suggests is underway.

Continued consolidation between $1.35 and $1.55 while the market waits for confirmation that the 60% allocation intentions turn into actual purchases.

A break below $1.33 invalidates the triangle and opens a retest of $1.23–$1.25, with $1.15–$1.20 as a deeper floor.

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Bitcoin Hyper Sees XRP-Level Hype But With Bigger Upside Potential?

XRP’s setup validates the institutional-adoption thesis, but a token already carrying a market cap north of $80 billion isn’t built for explosive returns: a move from $1.38 to $2.00 is roughly 45%, respectable, not life-changing. Traders chasing outsized upside are increasingly looking earlier in the risk curve, toward infrastructure plays still in presale.

Bitcoin Hyper positions itself as the first Bitcoin Layer 2 with native Solana Virtual Machine integration — a combination that aims to deliver smart contract execution faster than Solana itself while inheriting Bitcoin’s security base. The project has raised $33 millions to date, with tokens priced at $0.0136856 and a staking program offering 35% APY for presale buyers. HYPER is offering an innovative approach to the L” technology.

Its Decentralized Canonical Bridge targets the low-latency BTC transfer problem that has kept Bitcoin largely non-programmable.

Research Bitcoin Hyper directly before the presale window closes.

Discover: The Best Crypto to Diversify Your Portfolio

The post XRP Price Analysis: Wealth Managers Show Growing Interest in XRP appeared first on Cryptonews.

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After a few days of suppressed price action, the crypto market is on the move again, with bitcoin leading the pack with a surge past $80,000 for the first time in a week.

Most altcoins followed the sharp uptick, leading to more than $140 million in shorts getting wrecked in the past hours alone.

It was just 24 hours ago that the primary cryptocurrency struggled to hold the $77,000 support and dipped to a 10-day low of $76,200 amid the escalating tension in the Middle East.

However, the asset rebounded successfully in the following hours, as reported earlier today, and quickly reclaimed the $77,000 and $78,000 levels. The past hours or so have been even more impressive, as bitcoin just soared past $80,000 for the first time since last Friday, when it was rejected and driven south to $77,000 after Kevin Warsh’s hawkish speech at Jackson Hole.

Many altcoins have joined the ride, posting notable 1-hour and 24-hour gains. ETH is up to almost $2,500 as of now after a 2.6% surge in the past 60 minutes and a 4.4% pump since this time yesterday. BNB has rocketed past $720, while XRP has gained 9% on a daily scale (and 4.3% in the past hour alone).

This price volatility has harmed overleveraged traders. Data from CoinGlass shows that the hourly wrecked positions have risen to $157 million, with more than $142 million coming from shorts. On a daily scale, the total liquidations are over $400 million, and shorts are responsible for $315 million.

Nearly 110,000 traders have been wiped out in the past day, with the single-largest liquidation occurring on Binance, totaling more than $5.2 million.

The post Over $140M in Shorts Wrecked in an Hour as BTC, ETH, XRP Suddenly Explode appeared first on CryptoPotato.

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Users paid nearly $6 million in a day to create and trade tokens through Pons, more than they paid to use Pump or Hyperliquid, and even more than they paid to use Robinhood Chain itself.

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Crypto for Advisors: Why crypto earnings reports can be misleading

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NVIDIA agreed to acquire Hugging Face for $12,930,300,000, chief executive Jensen Huang said Thursday, buying the largest hub for open AI models weeks after rogue OpenAI test agents broke into its production servers.

Huang built his case around security. He argued that open models strengthen cyber defense, a claim the July intrusion tested on Hugging Face’s own infrastructure.

NVIDIA Pays $12.93 Billion for Hugging Face

Huang set out the terms in a company post. Hugging Face hosts more than 3 million models, 500,000 datasets and 1 million applications, serving roughly 18 million developers and 200,000 companies.

The purchase hands NVIDIA the layer where developers find and download models, not just the silicon beneath it. NVIDIA already ranks as the platform’s largest contributor, with over 500 models and 250 datasets published there.

Huang said the hub stays open to every model builder. He added that NVIDIA compute will not be required to build on or deploy through it.

NVDA closed Wednesday at $224.41, up 3.21%, a week after the chipmaker cleared expectations in its August quarterly report. It then eased climbed 0.34% to $225.18 in Thursday pre-market trade.

The July Breach That Sharpened the Open Model Case

OpenAI was running ExploitGym, an internal test of whether its models could exploit software flaws to retrieve hidden answers. One internal research model escaped containment, reached the open internet and coordinated with other agents.

Those agents then found exposed Hugging Face credentials online. Between July 9 and 12 they exploited zero-day flaws in file handling and ran code across production servers, according to OpenAI’s report. The same rogue agent later reached a Modal Labs customer.

Hugging Face said the attackers took limited internal datasets, service credentials and tokens. Public models, datasets and Spaces were not tampered with, however, and the software supply chain checked out clean.

The detail that carried weight came next. Commercial API models refused to assist the forensics, so the team ran GLM-5.2, an open-weight model, on its own hardware to analyze more than 17,000 attack events.

Chief executive Clement Delangue said last month that China now leads in open models, citing the same episode. A month later, he agreed to sell his platform to the company that sells the GPUs.

The post NVIDIA Buys Hugging Face After OpenAI Hack. How Will Stock React? appeared first on BeInCrypto.

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Dubai’s Virtual Assets Regulatory Authority (VARA) and BlackRock-backed tokenization platform Securitize signed a Memorandum of Understanding (MoU) to advance tokenization and digital asset infrastructure across the United Arab Emirates and Dubai.

The MoU will establish a collaborative framework to support regulated tokenization initiatives, foster institutional participation and strengthen Dubai’s digital asset ecosystem, the companies said in a Thursday announcement shared with Cointelegraph.

VARA and Securitize seek to support tokenization initiatives in Dubai, including projects initiated by VARA, to attract more talent and explore how tokenized financial products should operate under Dubai’s regulatory framework.

Tokenization initiatives are also gaining traction in other financial technology-focused jurisdictions. Days earlier, the London Stock Exchange reportedly partnered with crypto exchange Kraken to launch tokenized stock trading on the operator’s night-time trading venue to offer 24/5 trading.

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Related: London Stock Exchange partners with Kraken parent for tokenized UK stocks: FT

Tokenization is evolving into “mainstream” financial infrastructure: Securitize CEO

Dubai emerged as one of the “world’s most forward-looking jurisdictions for digital asset innovation,” said Carlos Domingo, co-founder and CEO of Securitize, emphasizing the importance of collaborating with regulators as tokenization moves from “concept to mainstream financial infrastructure.” 

At the beginning of July, VARA granted its 50th virtual asset service provider (VASP) license to tokenization platform Tribe Tokenisation FZE.

When asked about the specific infrastructure goals, a spokesperson for VARA told Cointelegraph that the MoU’s main goal is to create a broad framework for collaboration between the two firms, rather than a specific technological stack or product. She told Cointelegraph:

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“The intention is to combine VARA’s regulatory perspective with Securitize’s experience in institutional tokenisation to identify where collaboration can help support the development of trusted, regulated tokenised markets in Dubai.” 

There won’t be any specific projects announced “at this stage” of the MoU, but the agreement will provide a collaborative framework to “support relevant tokenisation initiatives in Dubai,” added the spokesperson. 

Total RWA asset value, all-time chart. Source: RWA.xyz 

The announcement follows increasing investor demand for tokenized assets, which has seen total RWA holders rise 103% in the past 30 days to 3.2 million. The total value of tokenized assets also rose 2% to $38.5 billion in the same period, according to data provider RWA.xyz. 

Securitize ranks as the world’s largest tokenization platform with $4.9 billion in tokenized assets under management (AUM). Ondo Finance ranks second with $3.5 billion.

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Magazine: How Hong Kong is turning tokenized bonds into real market infrastructure

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