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Ripple moves toward $1.35 support amid growth of new crypto utility protocols

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Ripple Prime adds Hyperliquid for institutional DeFi trading

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Ripple is testing key support near $1.35 as market attention increasingly shifts toward utility-driven DeFi platforms such as Mutuum Finance.

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Summary

  • About 66% of XRP supply is in unrealized loss as the token trades near critical support around $1.35.
  • Investors are exploring projects with functional DeFi services rather than sentiment-driven tokens.
  • Mutuum Finance has raised $20.7M+ and is testing a lending protocol featuring mtTokens, Debt Tokens, and dual lending markets.

Ripple (XRP), a long-standing leader in the cross-border payment sector, is currently testing the resolve of its holder base as it slides toward a critical psychological floor. This movement comes at a time when the broader market is shifting its focus toward productive digital assets, protocols that offer automated financial services and verifiable on-chain utility.

Ripple

Ripple is trading at approximately $1.35, maintaining a market capitalization of roughly $82.9 billion. The token is currently locked in a tight range following a period of high-volume selling that characterized the earlier trading sessions. 

While XRP saw a brief recovery toward $1.47 last week, it has since entered a broader corrective phase. Technical data indicates that roughly 66% of the circulating XRP supply is currently in an “unrealized loss” position, which has increased the pressure on weak hands to sell into any minor rallies.

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Traders are now closely watching whether the $1.35 support zone can hold. Buyers have stepped in to defend this level multiple times over the last 48 hours, but the lack of strong institutional follow-through has kept the price action subdued. If a rebound occurs, the immediate resistance targets are set near $1.36 and $1.37, with a more significant “ceiling” appearing at $1.40.

On the downside, a decisive break below $1.34 could open the door to a deeper retracement toward the $1.30 to $1.32 range, which served as a foundation earlier in the year. Participation in the derivatives market remains mixed, while futures Open Interest has shown a slight uptick to $2.35 billion, it remains well below the record highs seen in 2025. 

The trend of new crypto utility protocols

The stagnation of many altcoins has coincided with increased interest in new crypto utility protocols. These projects aim to address specific operational needs, such as automated financial processes or non-custodial yield mechanisms. Unlike tokens that primarily respond to market sentiment, utility protocols are often evaluated based on their functionality and the volume of transactions they support.

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This trend is reflected in Mutuum Finance (MUTM). As some investors seek alternatives to the sideways trading of assets like XRP, they are exploring Mutuum Finance’s audited lending platform. The project has reported raising over $20.7 million and has a user base of more than 19,000 individual investors. The MUTM token is currently priced at $0.04. 

V1 Protocol: Lending, borrowing and mtTokens

Mutuum Finance has already demonstrated its technical capabilities through its V1 Protocol. This version introduces the mtToken system, which manages how liquidity providers earn returns. When a user deposits an asset like ETH, they receive mtTokens (such as mtETH) as a digital receipt. 

These tokens are yield-bearing, meaning they grow in value as the protocol collects interest. For example, a deposit earning a 5% Annual Percentage Yield (APY) allows the user’s mtETH to eventually be redeemable for more than the original deposit, providing a passive income stream.

On the borrowing side, the system uses a strict Loan-to-Value (LTV) ratio to ensure the safety of the protocol. If a user provides collateral with a 75% LTV, they can safely borrow a portion of that value in stablecoins. To track this, the system issues Debt Tokens to the user’s account. These tokens provide a transparent record of the outstanding loan and stay linked to the collateral until the debt is settled. This automated approach is currently being stress-tested by the project’s 19,000 investors to ensure it can handle the complexities of the live market.

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Mutuum Finance and Ripple roadmap plans

The long-term outlook for both projects is defined by their upcoming technical milestones. Ripple is focusing on the expansion of its RLUSD stablecoin, which recently reached a market cap of $1.56 billion. 

Mutuum Finance is advancing a dual-market system to give users more choices for borrowing and lending. The Peer-to-Contract (P2C) market uses automated pools to offer instant loans, while the Peer-to-Peer (P2P) market lets people negotiate their own custom interest rates and timelines directly. 

To keep these markets safe and accurate, the protocol uses decentralized oracles that provide real-time price data for all collateral. The team is also planning a native stablecoin to provide a steady unit of account for large liquidity lines. 

To support the economy, a buy-and-distribute mechanism uses a share of platform fees to buy MUTM tokens and give them to users who stake their assets in the Safety Module to protect the network. This ensures the protocol stays secure while rewarding the community for its support.

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Ripple (XRP) is navigating key technical support levels around $1.35 while exploring developments such as stablecoin initiatives aimed at maintaining institutional engagement. At the same time, newer crypto protocols reflect a broader interest in automated, non-custodial liquidity systems within decentralized finance. By incorporating features such as dual-market structures, decentralized oracles, and incentive mechanisms, Mutuum Finance (MUTM) aims to build infrastructure for more transparent financial services.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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Why RWA Regulation Is the True Foundation of Tokenized Asset Infrastructure

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • The tokenized US Treasury market hit $12B, far below the $6T traditional money market fund sector.
  • Regulatory obligations follow the entities managing assets, not the tokens representing them onchain.
  • Embedded compliance built into RWA protocols removes costly intermediary layers found in traditional markets.
  • Major jurisdictions including the EU, Singapore, Hong Kong, and Japan are actively building RWA frameworks.

RWA regulation is no longer a side conversation in crypto — it has become the central pillar of tokenized asset infrastructure. As real-world assets move onchain, they carry existing legal obligations with them.

The technology to tokenize bonds, private credit, and equities already works well. However, the legal and compliance layer determines whether those assets carry real, enforceable value for investors.

Without regulatory infrastructure, a tokenized bond is simply a token referencing a bond — nothing more.

The Trust Gap Holding Back Institutional Capital in RWA

The tokenized US Treasury market reached roughly $12 billion as of March 2026. By contrast, the traditional US money market fund industry manages over $6 trillion.

That gap is not a technology problem. The blockchain settles transactions faster, and onchain access is broader than in legacy markets.

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The barrier is trust, not capability. A pension fund evaluating a tokenized product needs far more than a working smart contract.

Its compliance team, legal counsel, and board must each confirm that the obligations governing the underlying asset are fully met. That confirmation cannot be approximated — it must be complete.

That standard reflects fiduciary responsibility. These allocators manage other people’s money and carry strict legal accountability for each product they hold.

Every tokenized instrument must meet the same legal standards as traditional market instruments alongside it. That is not a preference — it is a legal requirement.

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Plume Network addressed this issue through its RWA Academy series. The team noted that regulatory clarity is “the precondition for institutional capital” in the RWA space.

Regulatory obligations do not sit with the asset itself — they sit with the entities that issue, transfer, and facilitate trading in it. RWA infrastructure must allow those entities to discharge their responsibilities clearly.

Embedded Compliance Is Transforming How RWA Infrastructure Is Built

One key shift in RWA is the transition from bolt-on compliance to embedded compliance. In traditional markets, intermediaries handle compliance at every step of a transaction. Each additional layer adds cost, introduces delay, and reduces transparency for all parties.

Onchain systems can instead build compliance directly into the protocol itself. Transaction screening, transfer restrictions, and KYC/AML verification can all operate within the system. That design eliminates the need for separate compliance layers added after the fact.

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The result is a network where compliance is an intrinsic property rather than an add-on feature. That distinction matters enormously for regulated institutions evaluating RWA markets. Institutional adoption of RWA depends on this structural credibility, not just smart contract functionality.

Regulators across major jurisdictions are aligning around the same direction. Europe’s MiCA framework took effect in 2024 and covers all 27 member states.

Hong Kong’s Project Ensemble and Singapore’s Project Guardian are both testing tokenized financial markets with regulatory involvement.

South Korea and Japan are each updating their digital asset laws to accommodate onchain flows. Cross-border fragmentation remains a challenge, but shared principles across frameworks are becoming clearer each month.

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What does ‘cracking’ bitcoin in 9 minutes by quantum computers actually mean

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(CoinDesk)

Google’s Quantum AI team said earlier this week that a future quantum computer could derive a bitcoin private key from a public key in roughly nine minutes. The number ricocheted across social media and spooked markets.

But, what does it actually mean in practice?

Let’s start with how bitcoin transactions work. When you send bitcoin, your wallet signs the transaction with a private key, a secret number that proves you own the coins.

That signature also reveals your public key, a shareable address, which gets broadcast to the network and sits in a waiting area called the mempool until a miner includes it in a block. On average, that confirmation takes about 10 minutes.

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Your private key and public key are linked by a math problem called the elliptic curve discrete logarithm problem. Classical computers can’t reverse that math in any useful timeframe, while a sufficiently powerful future quantum computer running an algorithm called Shor’s could.

Here’s where the nine minutes part comes in. Google’s paper found that a quantum computer could be “primed” in advance by pre-computing the parts of the attack that don’t depend on any specific public key.

Once your public key appears in the mempool, the machine only needs about nine minutes to finish the job and derive your private key. Bitcoin’s average confirmation time is 10 minutes. That gives the attacker a roughly 41% chance of deriving your key and redirecting your funds before the original transaction confirms.

Think of it like a thief spending hours building a universal safe-cracking machine (pre-computation). The machine works for any safe, but each time a new safe appears, it only needs a few final adjustments — and that last step is what takes about nine minutes.

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(CoinDesk)

That’s the mempool attack. It’s alarming but requires a quantum computer that doesn’t exist yet. Google’s paper estimates such a machine would need fewer than 500,000 physical qubits. Today’s largest quantum processors have around 1,000.

The bigger and more immediate concern is the 6.9 million bitcoin, roughly one-third of total supply, that already sit in wallets where the public key has been permanently exposed.

This includes early bitcoin addresses from the network’s first years that used a format called pay-to-public-key, where the public key is visible on the blockchain by default. It also includes any wallet that has reused an address, since spending from an address reveals the public key for all remaining funds.

These coins don’t need the nine-minute race. An attacker with a sufficiently powerful quantum computer could crack them at leisure, working through exposed keys one by one without any time pressure.

Bitcoin’s 2021 Taproot upgrade made this worse, as CoinDesk reported earlier Tuesday. Taproot changed how addresses work so that public keys are visible on-chain by default, inadvertently expanding the pool of wallets that would be vulnerable to a future quantum attack.

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The bitcoin network itself would keep running. Mining uses a different algorithm called SHA-256 that quantum computers can’t meaningfully speed up with current approaches. Blocks would still be produced.

The ledger would still exist. But if private keys can be derived from public keys, the ownership guarantees that make bitcoin valuable break down. Anyone with exposed keys is at risk of theft, and institutional trust in the network’s security model collapses.

The fix is post-quantum cryptography, which replaces the vulnerable math with algorithms that quantum computers can’t crack. Ethereum has spent eight years building toward that migration. Bitcoin hasn’t even started.

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US Community Banks Fight OCC Approval of Coinbase Trust Charter

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Crypto Breaking News

Coinbase’s bid to build a federally supervised custody and market infrastructure business took a significant step forward when the Office of the Comptroller of the Currency (OCC) granted conditional approval for a national trust bank charter after a six-month review. The decision, however, drew swift pushback from banking groups and reform advocates who argue that the application reveals gaps in risk management, profitability planning, and resolution strategies and that expanding trust powers for crypto activities may exceed the OCC’s statutory remit.

The Independent Community Bankers of America (ICBA) argued that the OCC’s move reflects a broader trend: nonbank entities seeking the benefits of a bank charter without meeting the full regulatory framework that governs traditional lenders. In a statement accompanying its critique, the ICBA warned that the approval could create new safety and soundness risks for consumers and the broader financial system.

The sudden influx of applications demonstrates nonbank entities are seeking the benefits of a US bank charter without satisfying the full scope of US bank regulations.

Key takeaways

  • OCC grants conditional approval for Coinbase to pursue a national trust bank charter after a six-month review, signaling a potential federal framework for crypto custody and related services.
  • Industry and reform groups counter that the application highlights regulatory gaps and could shift risk toward consumers and the financial system if not fully aligned with traditional banking standards.
  • Separately, a broad debate over stablecoins and yield-bearing products intensifies scrutiny of how crypto yields fit within or outside existing banking rules, including concerns about potential asset leakage from banks.
  • Policy discussions in Washington continue around the US Digital Asset Market Clarity Act, with progress claimed by some lawmakers but key sticking points, such as yield, delaying formal committee action.

Regulatory pushback surrounds Coinbase bank-charter approval

Stablecoins and yield debate intensifies regulatory scrutiny

Policy momentum, investor implications, and what comes next

What to watch next: a clearer alignment on the Digital Asset Market Clarity Act’s key provisions, updates on whether yield-bearing products will be reconciled within traditional banking restrictions, and any further OCC or federal guidance that could define the contours of crypto custody and market infrastructure under a national bank charter.

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Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Chainlink’s $42M LINK Transfer to Binance Sparks Caution as Whale Wallets Hit a One-Year High

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • Around 4.9 million LINK tokens worth roughly $42M were transferred to Binance during a low-volume weekend session.
  • A single wallet address was responsible for moving 2.5 million LINK directly to Binance in one concentrated transfer.
  • Chainlink whale wallets holding 1M or more LINK grew from 100 to 125 between April 2025 and April 2026.
  • Analysts remain cautious as large exchange inflows can signal selling pressure, especially during low-liquidity trading periods.

Chainlink has attracted renewed attention following a large on-chain transfer over the weekend. Around $42 million worth of LINK tokens moved to Binance during a period of typically low trading activity.

The movement came alongside fresh data showing a rise in whale wallet accumulation over the past year. Both developments have placed the asset under closer watch from market participants tracking its near-term direction.

The timing has added to growing interest surrounding Chainlink’s current on-chain behavior.

Large LINK Transfers Raise Questions About Exchange Inflows

On-chain analyst Darkfost flagged the transfer on social media this weekend. According to the post, roughly 4.9 million LINK tokens were sent to Binance.

Within that total, 2.5 million LINK came from a single wallet address. The concentration of funds from one source drew added attention to the movement.

The transfers occurred during a weekend, when trading volumes tend to stay lower than usual. Low-liquidity windows can strengthen the price effect of large exchange inflows.

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Some participants move large sums during these periods to avoid immediate market disruption. Others may use the timing to position ahead of the regular trading week.

Darkfost outlined two possible explanations for the movement. One is that the Chainlink team relocated funds for custody or under a Binance arrangement.

The other is that a whale or large entity chose Binance for access to its deep order book. The actual reason behind the transfer has not been confirmed.

Large exchange inflows call for a measure of caution from market observers. Funds sent to a trading platform can, under the right conditions, translate into sell-side activity.

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Chainlink’s order book is now being watched for any follow-through from these transfers. No major sell event had been reported at the time of publication.

Whale Accumulation in Chainlink Points to Long-Term Confidence

Santiment published data on April 3 showing a notable shift in Chainlink’s whale count. The number of wallets holding one million or more LINK tokens grew from 100 to 125.

That change occurred between April 2025 and April 2026, a period marked by a broader crypto bear market. The data points to quiet accumulation by large holders throughout that time.

Accumulation of this scale often goes unnoticed when price action is flat. On-chain whale metrics, however, offer a longer view of how an asset is being positioned.

Chainlink’s rising whale count reflects steady demand from the top tier of holders. That trend continued even as market conditions remained difficult.

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The contrast between exchange inflows and long-term wallet growth presents a layered picture. Near-term transfers to Binance suggest possible selling pressure, while whale accumulation signals continued holding behavior.

These two trends carry different weight depending on one’s investment horizon. Both are expected to remain in focus in the weeks ahead.

Chainlink’s price was recorded at $8.69 at the time of the on-chain activity. Analysts and traders continue to monitor both flows and wallet data for further developments.

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Tokenized Real-World Assets Hit $27.65B as Ondo Finance Dominates Equities With 60% Market Share

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • The tokenized RWA market reached $27.65B in April 2026, growing 4.07% while most crypto sectors contracted.
  • U.S. Treasury debt leads the RWA market at $12.78B, nearly half the total, followed by commodities at $5.4B.
  • Tokenized equities hit $941M with a $2.94B monthly transfer volume, marking an 85.78% jump in 30 days.
  • Ondo Finance controls 60.07% of the tokenized equity market at $557M, spanning 230 products across 8 asset classes.

Tokenized real-world assets have reached $27.65 billion in total distributed value as of April 2026. The sector grew 4.07% over the past 30 days, standing apart from most crypto verticals.

Capital inflows into RWA remain structurally positive while other segments contract. U.S. Treasuries lead at $12.78 billion, followed by commodities at $5.4 billion and asset-backed credit at $3.19 billion. Tokenized equities are now approaching the $1 billion threshold.

RWA Market Holds Steady as Capital Flows Into Tokenized Instruments

The tokenized RWA market is drawing consistent institutional interest in blockchain-based financial instruments. Investors are moving capital into on-chain versions of Treasuries, commodities, and credit products.

These assets offer dollar-denominated yield without traditional brokerage accounts or wire transfer requirements. Global access without timezone or geographic barriers is a key draw for institutional allocators.

U.S. Treasury debt at $12.78 billion accounts for nearly half the total market value. Commodities follow at $5.4 billion, while asset-backed credit holds $3.19 billion.

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Together, these three categories make up the bulk of the $27.65 billion total. The composition reflects a market led by yield-generating and capital-preservation instruments.

The 4.07% monthly growth rate is notable given the current crypto environment. Most sectors are recording outflows, yet RWA continues to attract fresh capital.

That contrast points to a structural shift in how institutional money views on-chain assets. Investors appear to be treating tokenized instruments as a long-term allocation category.

The broader data from rwa.xyz reinforces this trend with consistent upward movement. Monthly figures have held positive across multiple reporting periods.

The market is not being driven by short-term speculation, but by allocation patterns familiar in traditional finance. That behavioral shift separates RWA from most other crypto verticals.

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Ondo Finance and xStocks Lead a Concentrated Tokenized Equity Sector

Tokenized equities now sit at $941 million, closing in on the $1 billion mark. Monthly transfer volume reached $2.94 billion, a jump of 85.78% over 30 days.

That creates a 3:1 ratio between transfer volume and total asset value. The ratio points to active trading rather than passive holding behavior among participants.

According to data shared on X, OndoFinance holds 60.07% of the tokenized equity market at $557 million. The platform operates across 230 products and grew 8.28% over the past month.

@xStocksFi holds 26.24% at $243.3 million, making it the second-largest platform. Together, the two platforms control 86% of the entire tokenized equity market.

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Securitize, the next closest competitor, holds only $60 million across a single product. That platform declined 38.32% over the same 30-day period.

Every other platform in the space holds under $25 million. The drop-off from the two leaders to the rest of the market is sharp.

Ondo’s growth reflects a portfolio that has evolved well beyond its original design. The platform started with OUSG and USDY as Treasury yield products. It now covers eight asset classes, with U.S. Treasury debt at $2.4 billion making up 76.9% of its total value.

The equity vertical at $557 million has become its second-largest and fastest-growing segment, with top products including S&P 500 ETFs and NVIDIA shares.

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Best Crypto to Buy Now as the Search Leads to Pepeto With $8M Raised and 100x Before Binance Listing

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Best Crypto to Buy Now as the Search Leads to Pepeto With $8M Raised and 100x Before Binance Listing

The search led right here. The best crypto to buy now is not SOL at $80.49 grinding toward 36% or ADA at $0.24 waiting for a hard fork. It is a presale at millionths of a cent that raised more than $8 million during extreme fear because wallets found it before the crowd had reason to look.

This entry has a higher ceiling because a working exchange stands behind the token, and analysts project 100x before the confirmed Binance listing opens. The search for the best crypto to buy now was leading to Pepeto all along, and the wallets inside acted on that signal first.

Kentucky House Bill 380 mandated hardware wallet backdoors, forcing manufacturers to assist with seed phrase resets per CoinDesk. The provision destroys the foundation of self custody.

CoinGecko showed the market dropping as fears spread across positions. The best crypto to buy now benefits from this shift because capital seeking safety flows toward audited presales with verified contracts, confirmed listings, and tools that protect every wallet before any transaction clears.

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Custody Shift and the Presale the Keyword Search Was Leading To

Pepeto: Risk Scorer and Bridge Live With 100x Before Listing

Protecting capital from threats requires action, not another search. Pepeto, considered the best crypto to buy now, delivers contract checking through the risk scorer, keeping wallets safe from malicious tokens before any position opens, the kind of protection that makes a presale entry worth committing to before listing. This is why searching for another update is the wrong approach when the presale fills and the listing draws closer.

The math proves the conviction. More than $8 million entered at $0.000000186 during extreme fear, and analysts project 100x before the Binance listing. That means presale capital converts into returns that SOL at 36% and ADA at 2x cannot come close to matching from current levels.

This setup is why wallets leave large cap targets for the Pepeto entry. The cross chain bridge moves assets at zero cost keeping capital whole, and PepetoSwap processes zero fee trades. The platform condenses research into seconds through a clean interface where every tool runs and the layout makes finding what matters simple.

The cofounder who created the original Pepe coin turned zero products into $11 billion, SolidProof audited every contract, and a former Binance expert drives the listing. Staking at 189% APY compounds returns while listing approaches, and every round filling means fewer entries remain for the wallets that have not moved yet.

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Solana (SOL): $80.49 Recovering From $285M Drift Protocol Exploit

SOL sits at $80.49, down 2.77% on the week after the $285 million Drift exploit per CoinMarketCap. Support at $75, resistance at $88.

Even $120 delivers 52%, modest next to the presale entry where 100x projections carry a working exchange.

Cardano (ADA): $0.24 Awaits Protocol 11 Governance Overhaul

ADA trades at $0.24 per CoinGecko. Protocol 11 adds on chain governance with the Midnight sidechain.

Even $0.50 delivers 2x from $0.24, a ceiling presale math multiplies past before listing day arrives.

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Conclusion: Why the Best Crypto to Buy Now Already Answered the Search

The presale fills right now, making this the best time to enter before the price moves. Another search will not change the outcome for wallets still outside. Early wallets acted before the crowd had reason to look, and the best crypto to buy now has a higher ceiling because a working exchange stands behind the token instead of a whitepaper.

The Pepeto official website shows capital arriving while SOL and ADA debate their next percentage, and entering now means joining the wallets that found the answer before the listing confirms what the capital already proved.

Find the answer at Pepeto before the listing closes the entry the search was leading to.

FAQs

What is the best crypto to buy now in April 2026?

Pepeto leads the best crypto to buy now with a working exchange, risk scorer, and 100x projections before a confirmed Binance listing.

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How does the Kentucky bill affect the best crypto to buy now?

The bill threatens custody, making audited presales with verified contracts the safer choice through the Pepeto official website where tools protect positions.

How does the best crypto to buy now compare to SOL and ADA?

SOL and ADA cap returns modestly, while Pepeto offers 100x with working tools, making it the answer the search was leading to.

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Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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Will XRP price break from its descending wedge

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Will XRP price break from its descending wedge at $1.31 as bearish momentum approaches exhaustion? - 1

XRP is compressing into the apex of a descending wedge at $1.3157 after months of lower highs and lower lows, with the 4H MACD signal line just crossing into positive territory for the first time since February — a sign that bearish momentum may be approaching exhaustion ahead of what could be the pattern’s most consequential candle close.

Summary

  • XRP is trading at $1.3157, pressing against the apex of a descending wedge pattern visible on both the daily and 4H charts, with the daily Supertrend bearish at $1.4894.
  • The daily MACD histogram stands at -0.0222, while on the 4H chart the signal line has just crossed marginally into positive territory, signalling that bearish momentum is approaching exhaustion ahead of the wedge resolution.
  • A confirmed daily close above $1.47 targets $1.50 and a potential challenge of $1.60, while a break below $1.27 risks an acceleration toward $1.14.

XRP (XRP) is trading at $1.3157 on April 3, 2026, down 0.33% on the day and compressing near the apex of a descending wedge pattern that has formed across both the daily and 4H timeframes since February. The Supertrend indicator on the daily chart sits at $1.4894, in red above price, confirming the prevailing bearish regime. Yet the formation itself is a structure that technical analysts typically associate with bullish reversal potential when it emerges at the end of a prolonged downtrend, provided the lower trendline holds.

On the daily chart, two converging trendlines are clearly visible: a descending upper resistance line and a slightly rising lower support line. Price at $1.3157 is nearing the apex, with the most recent daily low printed at $1.3033. The daily MACD shows a histogram of -0.0222, with the MACD line at -0.0287 below the signal at -0.0065. The reading remains bearish, but the histogram has been contracting, a sign that selling pressure is gradually fading.

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Will XRP price break from its descending wedge at $1.31 as bearish momentum approaches exhaustion? - 1

On the 4H chart, the same wedge structure is intact. The upper descending trendline aligns with the 4H Supertrend at $1.3586, and the lower rising trendline has provided support on each test since early February. Critically, the 4H signal line has crossed marginally into positive territory at 0.0002, while the MACD line at -0.0069 is approaching zero from below. A full bullish MACD crossover has not yet occurred, but the convergence at near-zero is an early signal of bearish exhaustion.

Key Levels, Price Targets, and Invalidation

Bull case: a daily close above the descending wedge resistance near $1.47 would confirm the breakout, initially targeting $1.4894, the Supertrend level, then $1.50. Above that, $1.60 is the key structural zone where the broader descending channel from July 2025 would be meaningfully challenged. Technical analyst Ali Martinez noted on X (formerly Twitter) that XRP “could offer a short-term buying opportunity” within its multi-year ascending triangle structure at current levels, though he also identified a potential further decline of approximately 30% before a sustained long-term recovery becomes likely.

Bear case: a daily close below $1.27 would break the wedge support and expose XRP to $1.14, the conservative channel breakdown target. A dense supply cluster of approximately 19.6 million XRP is concentrated between $1.27 and $1.28, per Coinglass cost-basis data, making this the most critical demand zone to defend.

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Invalidation of the bull case: a daily close below $1.27. Invalidation of the bear case: a daily close above $1.47.

On-Chain and Derivatives Context

U.S. spot XRP ETF monthly inflows turned negative in March 2026 for the first time since the products launched in November 2025, according to SoSoValue data, removing a structural buy-side catalyst that had underpinned price through Q1. XRP open interest across all exchanges now sits near $2.45 billion, down approximately 73% from the September 2025 peak, as detailed in prior crypto.news coverage.

Funding rates have shifted to a positive 0.008%, suggesting fresh long positions are entering near current levels. However, the six-to-twelve month holder cohort has begun trimming positions since March 27, reducing a layer of structural support precisely as the wedge reaches its apex.

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As crypto.news has covered, recovery attempts have repeatedly stalled below descending resistance, and the pattern remains intact until buyers produce a decisive daily close above the wedge’s upper trendline. With the 4H signal line at zero and the apex approaching, the next directional candle carries outsized weight.

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Will Ethereum price clear $2,163 resistance

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Will Ethereum price clear $2,163 resistance or confirm a double top as the 4H MACD turns bullish? - 1

Ethereum is pressing against a double-top resistance zone at $2,163 after two consecutive rejections from the upper boundary of its rising parallel channel, while a marginal bullish MACD crossover on the 4H chart raises the question of whether buyers can finally break through or whether the pattern will resolve to the downside toward $1,980.

Summary

  • Ethereum is trading at $2,051.80, holding inside a rising parallel channel on both the daily and 4H timeframes after twice rejecting from the $2,163-$2,166 resistance zone.
  • The 4H MACD histogram has just turned positive to 1.19, signalling a bullish crossover, while the daily Supertrend at $1,980.92 remains green, indicating the broader trend structure has not yet broken.
  • A confirmed daily close above $2,166 targets $2,250-$2,300, while a loss of $2,024 Supertrend support opens the door to $1,980 and potentially $1,900.

Ethereum (ETH) is trading at $2,051.80 on April 3, 2026, holding inside a rising parallel channel that has been intact since the February lows. Two consecutive rejection candles at the $2,163-$2,166 zone, marked clearly on both the 4H and daily charts, have created a double-top structure at the channel’s upper boundary. With $6.3 billion in Ethereum options having expired today and CME futures offline for Good Friday, traders face a thin-liquidity weekend that could amplify any directional move.

On the 4H chart, Ethereum is trading between the channel’s lower support near $2,024 and the upper resistance at $2,163. The 4H Supertrend at $2,024.73 is still green, confirming the short-term trend has not flipped bearish. More notably, the 4H MACD histogram has just crossed into positive territory at 1.19, with the MACD line at -3.39 crossing above the signal line at -4.58. This is a marginal but technically meaningful bullish crossover, the first since mid-March.

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Will Ethereum price clear $2,163 resistance or confirm a double top as the 4H MACD turns bullish? - 1

On the daily chart, the picture is more cautious. The MACD histogram sits at -7.33, with the MACD line at -11.11 still below the signal at -3.78. The daily Supertrend at $1,980.92 remains green, meaning the daily trend has not broken bearish. Two orange markers on the chart precisely identify the double-top rejection zone at $2,163-$2,166. A daily close above $2,166 would invalidate the double-top and confirm the rising channel’s upper trendline as the next target.

Key Levels, Price Targets, and Invalidation

Support is layered at $2,024 (4H Supertrend) and $1,980 (daily Supertrend). A daily close below $1,980 would flip the daily Supertrend bearish and break the rising channel structure that has defined price since February, opening a move toward $1,900 as the next major floor.

Resistance: the $2,069 area (the 4H Supertrend upper band visible on the chart) acts as a near-term ceiling, then the double-top zone at $2,163-$2,166. A clean daily close above $2,166 targets $2,250 initially, with $2,300-$2,400 as the broader bull case if the channel’s upper trendline is the objective.

Invalidation for the bullish channel thesis: a 4H close below $2,024 Supertrend support. Invalidation for the bearish double-top thesis: a daily close above $2,200.

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Options Expiry and Macro Context

Approximately $6.3 billion in Ethereum options expired on April 3, according to data from Deribit, with spot price trading near the max pain zone for the expiry. Analysts at AnalyticsInsight noted the event is “more like a routine settlement than a major turning point,” given price proximity to max pain, limiting the probability of an expiry-driven spike in either direction.

As crypto.news reported, Ethereum fell 3.4% toward the $2,000 support on April 2 during the broader market selloff tied to U.S.-Iran escalation and the $285 million Drift Protocol exploit on Solana. The fact that the 4H Supertrend held at $2,024 through that sell event is a meaningful signal of buyer resilience at that level.

A sustained hold above $2,024 heading into next week, particularly with the 4H MACD histogram staying positive, would be the first concrete signal that bulls are retaking short-term control. If $2,024 fails, the double-top breakdown and a move toward $1,900 become the primary scenario to watch.

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Trump warns of more strikes after Iran bridge attack, Bitcoin retreats

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Trump token initiative begins: More pay for play?

United States President Donald Trump took credit for an unprecedented attack on the Ghadir Bridge, Iran’s largest bridge, as continued geopolitical tensions kept crypto markets suppressed.

Summary

  • Trump claimed responsibility for a strike on Iran’s Ghadir Bridge and warned of further attacks if negotiations fail.
  • Escalation fears weighed on crypto markets, with Bitcoin dropping from $67,376 to $66,345 following the announcement.

On April 2, Trump shared a video of part of the newly built 136-metre-high cable-stayed bridge between Tehran and Karaj collapsing.

“The biggest bridge in Iran comes tumbling down, never to be used again,” he wrote on Truth Social, and warned that there would be “much more to follow” if Iran doesn’t negotiate.

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“Our Military, the greatest and most powerful (by far!) anywhere in the World, hasn’t even started destroying what’s left in Iran. Bridges next, then Electric Power Plants! New Regime leadership knows what has to be done, and has to be done, FAST!” Trump said in a later post.

The latest attack comes just a day after Trump vowed to hit Iran “extremely hard” over the next two to three weeks. The president also reiterated his threat to destroy Iran’s power plants.

“We are going to hit each and every one of their electric generating plants very hard and probably simultaneously,” and has since doubled down after the latest strike.

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Trump also added that a new nuclear deal is “nearing completion,” but authorities in Iran have denied that official talks are underway and have vowed to launch a “devastating” retaliation.

Japan’s Nikkei 225 rose 1.28%, while South Korea’s Kospi climbed 2.91%, moving alongside the S&P 500, which erased its 1.1% intraday loss to close up 0.11% on reports that senior Iranian diplomat Kazem Gharibabadi was drafting a protocol with Oman to oversee transit in the Strait of Hormuz.

Bitcoin was also recovering from recent lows near $65,000, but the bullish euphoria was short-lived as news of attacks saw the flagship crypto falling from an intraday high of $67,376 to $66,345 within hours after the Truth Social post.

If no deal is reached between the two nations, the flagship crypto risks falling below the $65,000 mark, which has been acting as a major support level over the past months.

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Losing this level would likely confirm a bearish structural breakdown and could weigh heavily on the broader market.

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Riot Platforms sells 3,778 BTC in Q1 as Bitcon miners continue selling

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Riot Platforms sells 3,778 BTC in Q1 as Bitcon miners continue selling

Bitcoin miner Riot Platforms sold a sizeable portion of its holdings in the first quarter, offloading 3,778 BTC as crypto firms navigated a tough market environment.

Summary

  • Riot Platforms sold 3,778 BTC in Q1 for about $289.5 million at an average price of $76,626.
  • The company mined 1,473 BTC during the quarter and held 15,680 BTC on its balance sheet at the end of Q1.

According to its Thursday operational update, the company sold the Bitcoin at an average price of $76,626, generating about $289.5 million in proceeds. At the time of writing on April 3, Bitcoin was trading near $66,867, placing those sales above current levels.

Riot mined 1,473 BTC in the quarter and held 15,680 BTC at the end of Q1. Data from Arkham Intelligence also showed a 500 BTC outflow from a wallet linked to the miner earlier in the week.

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Riot’s latest sale adds to a growing list of crypto firms that have shed Bitcoin holdings in recent months. Over the past week, companies including MARA Holdings, Genius Group, and Nakamoto Holdings disclosed combined sales of 15,501 BTC.

Selling pressure has been building across the market. Data from CryptoQuant showed Bitcoin’s apparent demand falling to negative 63,000 BTC by late March, indicating that distribution has outweighed accumulation in recent weeks.

Institutional buying, however, has not fully stepped back. Strategy purchased 44,377 BTC in March, accounting for 94% of all acquisitions by public companies during the month.

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In Japan, Metaplanet added 5,075 BTC for about $398 million in Q1, bringing its total holdings to 40,177 BTC.

Ongoing tensions in the Middle East have kept risk appetite in check, weighing on both traditional and digital assets. Bitcoin continues to trade under pressure in that environment, with prices sitting more than 46% below their all-time high as of April 3.

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