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Iranian Crypto Outflows Jump 700% After US-Israeli Airstrikes

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Crypto Breaking News

Crypto Breaking News is a fast-growing digital media platform focused on the latest developments in cryptocurrency, blockchain, and Web3 technologies. Our goal is to provide fast, reliable, and insightful content that helps our readers stay ahead in the ever-evolving digital asset space.

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Crypto World

XRP price outlook as Ripple Prime connects XRPL to NSCC for post-trade settlement

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XRP price outlook as Ripple Prime connects XRPL to NSCC for post-trade settlement - 1

XRP is back in focus after new infrastructure developments tied to Ripple’s institutional push. Hidden Road ($HRFI) officially went live on the NSCC directory on March 2, 2026, per a DTCC notice.

Summary

  • Hidden Road’s NSCC listing strengthens Ripple’s institutional positioning, potentially positive for long-term XRPL adoption.
  • XRP remains below its 50-day SMA, signaling ongoing bearish structure.
  • Support sits near $1.30 and $1.20; resistance stands at $1.45 and $1.62.

The development deepens the integration between Ripple and Hidden Road and strengthens Ripple Prime’s role in bridging traditional finance (TradFi) with decentralized finance (DeFi).

The NSCC (National Securities Clearing Corporation), a subsidiary of DTCC, handles post-trade clearing and settlement for U.S. equities.

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If Ripple Prime infrastructure facilitates post-trade flows that eventually settle or interact with the XRP Ledger (XRPL), it could represent meaningful real-world volume moving onto blockchain rails.

While the integration does not automatically translate into direct Ripple token (XRP) demand, market participants often interpret institutional connectivity as a long-term bullish signal. The key question remains whether XRPL usage scales in a way that structurally increases XRP utility rather than simply expanding enterprise tooling.

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XRP price analysis

From a technical standpoint, XRP is currently trading around $1.36 on the daily chart, consolidating after a prolonged downtrend from the $2.40 region earlier this year. Price remains below the 50-day simple moving average near $1.62, indicating the broader trend is still bearish.

XRP price outlook as Ripple Prime connects XRPL to NSCC for post-trade settlement - 1
XRP price analysis | Source: Crypto.News

Immediate support sits near $1.30–$1.32, with a stronger demand zone around $1.20, where buyers previously stepped in aggressively.

On the upside, resistance is clustered at $1.45, followed by the 50-day SMA at $1.62. A decisive break above that level would be needed to shift medium-term momentum.

The RSI (14) is hovering near 40, suggesting weak momentum but not yet oversold conditions. This reflects consolidation rather than strong accumulation. Unless XRP reclaims $1.45–$1.62, rallies may face selling pressure.

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Core Scientific Q4 Earnings Miss Moves Shares Lower

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Core Scientific Q4 Earnings Miss Moves Shares Lower

Shares in Core Scientific moved lower on Monday after the Bitcoin miner and artificial intelligence compute provider’s fourth-quarter earnings missed analyst expectations amid a late-year drop in crypto markets.

Core Scientific reported Q4 revenues of $79.8 million, down 16% from the year-ago quarter and missing Wall Street expectations of $90.4 million. Its crypto mining revenue fell nearly in half from Q4 2024 to $42.2 million.

The company posted net income of $216 million for the quarter, largely boosted by a $330.3 million fair value gain on its non-cash holdings. Its adjusted EBITDA showed a loss of $42.7 million.

Shares in Core Scientific ended slightly lower on Monday after its Q4 earnings miss. Source: Google Finance

The earnings come as Bitcoin (BTC) is trading nearly 50% below its peak in early October at around $68,000. The cryptocurrency fell sharply late last year after hitting a peak of over $126,000, ending 2025 at just under $88,500.

The drop has hurt Bitcoin miners’ profits, which are also facing headwinds from higher energy and computing costs, as many, including Core Scientific, spend big on pivoting to AI by offering colocation services for high-performance computers.

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Core Scientific CEO Adam Sullivan said the company was “now past the halfway point on our existing builds and scaling our colocation platform into a 1.5-gigawatt pipeline of leasable capacity.” 

The company added that it is expanding one of its sites in Texas to support 430 megawatts of gross power capacity and has increased power capacity at other sites in Georgia and Texas by 300 megawatts.

Shares in Core Scientific (CORZ) ended trading on Monday down 2.8% to $16.49. Its stock fell to a low of $14.69 after the bell, but recovered to end the after-hours session flat. Core Scientific’s stock is up over 13% so far this year.

Related: Nasdaq files for prediction market-style options on Nasdaq-100

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Riot Platforms trades flat on Q4 revenue miss

Rival Bitcoin miner and AI compute hoster Riot Platforms also posted its Q4 results on Monday, reporting revenue of $152.8 million, up 7% from a year ago but missing analyst expectations of $157 million.