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Crypto Trends

Sec Delays Franklin Solana Etf Decision To November 2025
Crypto Trends

SEC Delays Franklin Solana ETF Decision to November 2025

by admin September 10, 2025



The U.S. Securities and Exchange Commission has again delayed its decision on the Franklin Solana (SOL) exchange-traded fund, and set a new deadline of November 14, 2025.

This is after earlier delays in April, when the deadline was pushed to June, and then again in mid-June when the agency opened formal proceedings. That move started a 180-day countdown, which was set to expire on September 15, but with the latest change the final decision date has now been pushed further. 

In its release, the regulator said to carefully study the filing and its possible impact on investors. Once the November 14 deadline arrives, the Commission will have no option to delay further and must either approve or reject the ETF.

Meanwhile, Franklin’s proposal is one of several Solana-based ETFs currently being reviewed. Other companies, including Grayscale, VanEck, and 21Shares, have also submitted applications. 

Bloomberg Intelligence reported that many of these firms have updated their filings to improve their chances. Most of the applications are facing similar delays, with several final deadlines set in October. The first big date is October 10, when the SEC must decide on Grayscale’s Solana Trust. Analysts say that ruling could influence how the regulator handles the other pending applications.

Meanwhile, Solana price is up 2% today, and currently trades for $221, according to CoinMarketCap.

Optimism around the ETF filings is seen as one reason for the rally. Bloomberg ETF analyst James Seyffart has said on X that the “odds haven’t really changed much if at all” and maintained his prediction of a 95% chance that a Solana ETF will be approved by the end of 2025.

Also Read: SEC Delays Decision on BlackRock Ethereum ETF Staking



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September 10, 2025 0 comments
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Crypto Trends

SEC Chair: Crypto’s Time Has Come

by admin September 10, 2025


Earlier today, Paul Atkins, the chairman of the U.S. Securities and Exchange Commission, resoundingly reaffirmed his support for the cryptocurrency industry.

“And today, ladies and gentlemen, we must admit that: crypto’s time has come,” Arkins told the audience of the inaugural OECD Roundtable on Global Financial Markets. 

Atkins recalled that he was working near the Place de la Concorde in Paris in the 1980s, and, back then, he says that “he could hardly have imagined” speaking of new technologies that are now revolutionizing global finance. 

To make this point, Atkins used the famous quote of French author and politician Victor Hugo about the idea whose time has come.

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In his keynote speech, Atkins spoke about the “Project Crypto” initiative, which was announced in July. He has stressed that the agency aims to modernize the securities laws and provide regulatory certainty. 

Moving away from regulation by enforcement 

Gary Gensler, the former chairman of the SEC, emerged as the armenemy of the cryptocurrency industry due to his aggressive “regulation by enforcement” approach. 

Ankins has made it clear that the SEC is moving away from Gensler’s approach, accusing his predecessor of trying to “subvert” the cryptocurrency industry. He has stated that Gensler’s policies were both “injurious” and “ineffective,” accusing him of trying to subvert the crypto industry. 

House Majority Whip Tom Emmer, a strong ally of the cryptocurrency industry, recently stated that Gensler will go down as “the worst SEC chair in history.”



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September 10, 2025 0 comments
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Winklevoss' Gemini Offering ETH and SOL Staking in U.K.
Crypto Trends

Crypto Exchange Gemini Boosts IPO Price Range to $24-$26 Per Share

by admin September 10, 2025



Gemini, the crypto exchange run by Tyler and Cameron Winklevoss, has boosted the price range for its planned Friday IPO, the company said in an updated S1 filing on Tuesday.

The firm now expects to sell 16.67 million shares between $24 and $26 each in the public offering versus the previous range of $17-$19. At the high end of the new range, Gemini would raise more than $430 million at about a $3.1 billion valuation.

Goldman Sachs, Citigroup, Morgan Stanley and Cantor are the lead underwriters on the IPO.

Crypto native companies are increasingly looking to go public under President Trump’s more benign regulatory regime. Gemini’s public listing follows that of rival exchange Bullish (BLSH), CoinDesk’s owner, and stablecoin issuer Circle (CRCL).

Exchange giant Nasdaq (NDAQ) has entered into an agreement to buy $50 million of shares in a private placement at a per share price equal to the IPO price.

The stock will list on the Nasdaq Global Select Market under the ticker symbol GEMI.

Read more: Crypto Exchange Gemini Aims for $2.22B Valuation in U.S. IPO, Seeking to Raise $317M



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September 10, 2025 0 comments
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Ripple XRP price
Crypto Trends

Chainalysis Extends XRP Ledger Support In Latest Move – What’s New?

by admin September 10, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Chainalysis is extending its support for the XRP Ledger and the new coverage goes beyond the native token. Customers now get more ways to follow token activity and check transactions. With Chainalysis adding this extended support, users now have stronger ways to interact with one of the most active blockchains in the market.

Chainalysis Expands Coverage For XRP Ledger

In its announcement, Chainalysis explained that automatic token support now includes fungible tokens such as IOUs, non-fungible tokens under the XLS-20 standard, and multi-purpose tokens, also known as MPTs. MPTs operate like Ethereum’s well-known ERC-1155 tokens. The update means many different kinds of assets on the XRP Ledger are now covered.

The company also shared that more than 260,000 tokens are already supported. As developers create more tokens on the blockchain, the total number increases daily, showing the steady activity and expansion of the XRP Ledger.

Chainalysis added that customers can now use its KYT (Know Your Transaction) service to monitor these tokens. KYT gives real-time alerts, continuous tracking, and compliance checks. Chainalysis KYT now keeps a close eye on a wide range of XRP Ledger assets, making activity on the network easier to monitor and safer to engage with.

Stronger Tools For Compliance And Investigations

Chainalysis also highlights that its expansion links directly to the company’s main investigative products. The extended coverage is now available through Reactor, the platform designed for in-depth transaction reviews and its entity screening services. 

Customers can now use the Chainalysis Reactor tool and entity screening products with XRPL tokens. They can visualize transactions in detail and act quickly if they notice risks. Customers can now track token flows, see how money moves, and identify signs of suspicious activity. 

Chainalysis noted that the XRP Ledger is well-known for facilitating fast and low-cost cross-border transactions, making it one of the most trusted blockchains today. The network has handled more than 3.3 billion transactions across over 90 million blocks. 

Its native token remains among the top digital assets by market value and is supported by a large global community. The Ledger itself continues to show strong performance. Nearly 200 validators worldwide support it, which are independent nodes that confirm transactions, with Ripple named as a key contributor. 

The Chainalysis update will make oversight on the XRP Ledger easier at a time when the number of tokens is skyrocketing. Customers can now use its Reactor tool to check XRPL tokens, follow how funds move, and help keep the network secure.

With the latest support from Chainalysis, the ledger becomes even more transparent, and customers now have safer and stronger ways to follow the growing number of tokens that developers are adding to the blockchain. 

Bulls push for another test for $3 | Source: XRPUSDT on Tradingview.com

Featured image from DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 10, 2025 0 comments
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Crypto Trends

Solana Hits 7-Month High Price as Bitwise Exec Foresees ‘Epic End-of-Year Run’

by admin September 10, 2025



In brief

  • Solana is up 4% on Wednesday and hit a seven-month high price of nearly $225.
  • The asset might be primed for a year-end run, according to Bitwise CIO Matt Hougan.
  • Hougan cited demand from pending spot ETFs and digital asset treasuries as potential catalysts.

Solana is getting hot again—and may be primed for an “epic end-of-year run,” according to Bitwise Chief Investment Officer Matt Hougan. 

The sixth-largest crypto asset by market cap is up more than 4% in the last 24 hours to $223, and earlier Wednesday hit $224.95—a mark it hasn’t held since February 1. Solana has risen 25% over the last 30 days, making it the largest gainer among the top 10 assets by market cap.

“For the last 18 months, the recipe for strong returns in crypto has been clear: Take one part exchange traded products (ETP) inflows, add strong corporate treasury purchases, and voilà—you get big returns,” Hougan wrote in his weekly memo. “Solana has the conditions to follow this path.”

“All the ingredients are there for an epic end-of-year run for Solana,” he added.



At least one part of that equation is already underway for Solana. 

Digital asset treasuries centered on Solana have been snatching up SOL all year, with publicly traded firms like Upexi and DeFi Development Corp. having accumulated more than $400 million worth of the asset apiece since the year began. 

An even bigger treasury may be established soon. On Monday, Forward Industries announced a $1.65 billion private investment in public equity (PIPE) raise, with the proceeds planned to build its Solana treasury, enabling it to create the largest publicly traded SOL treasury on the books if it uses just more than 25% of the proceeds. The firm will be led by early Solana investor and Multicoin Capital co-founder, Kyle Samani. 

Solana ETFs might be just around the corner, too. 

Approval decisions are looming from the SEC regarding previously filed spot ETFs from multiple issuers, including Bitwise, Canary Funds, and 21Shares. While approvals are not guaranteed, analysts previously told Decrypt that Solana, XRP, and Dogecoin ETF approvals are “near locks” in 2025. 

While Hougan said that an approved spot ETF and treasury firm accumulation is not a guarantee of success for SOL, the relative size of the asset when compared to Bitcoin and Ethereum means that inflows will have a bigger impact on the price. 

“Scaled for the size of the blockchain, a relatively small amount of flows into Solana could significantly impact prices,” he said. “For instance, Forward Industries’ $1.6 billion purchase of Solana shares would be the equivalent of $33 billion in Bitcoin purchases.”

Predictors on Myriad Markets are coming around on Solana as well, with odds of a new all-time high in 2025 shifting around 23% in favor in the last 2 weeks. Users now give it a 57% chance by the end of the year. (Disclaimer: Myriad is a product of Decrypt’s parent company, DASTAN.)

SOL currently sits around 24% off its January all-time high of $293.31, per CoinGecko.

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KuCoin enlists golf champion Adam Scott in rare crypto-sports crossover
Crypto Trends

KuCoin enlists golf champion Adam Scott in rare crypto-sports crossover

by admin September 10, 2025



KuCoin has brought golf icon Adam Scott on as its first global brand ambassador. The deal marks the exchange’s inaugural step into professional sports sponsorships, signaling a clear ambition to connect with a new audience.

Summary

  • KuCoin names golf champion Adam Scott as its first global brand ambassador, marking its entry into professional sports sponsorships.
  • The deal was announced September 10, with Scott set to front global campaigns highlighting trust and precision.
  • Meanwhile, crypto sports sponsorship spending surged 20% YoY to $565 million, led by Crypto.com, Coinbase, and OKX.

A September 10 announcement confirmed the partnership with Scott, the 2013 Masters champion and a former world number one. KuCoin said the collaboration is built on a shared ethos of trust and precision.

According to the release, Scott, celebrated for his remarkable consistency and enduring career on the PGA Tour, is slated to lead a number of the platform’s global campaigns.

“It is an honour to partner with KuCoin as their first Global Brand Ambassador. I firmly believe that cryptocurrency will play an important role in the future of finance, and I am personally interested in how it empowers people worldwide. I am looking forward to working closely with KuCoin as we build something special together,” Scott said.

KuCoin’s move reflects a broader surge in crypto-sports engagement

The deal arrives as crypto’s love affair with professional sports intensifies, though KuCoin’s choice of sport and ambassador stands in stark contrast to the industry’s established playbook.

According to a recent report from sports marketing agency SportQuake, total crypto sports sponsorship expenditure rocketed 20 percent year-on-year to $565 million.

The landscape is dominated by big-ticket deals in soccer and Formula One, with Crypto.com leading the pack as the category’s biggest spender at $213 million, followed by Coinbase and OKX. Soccer remains the most targeted sport, claiming 20 of the 34 new crypto sponsorship deals this period.

This spending spree marks a vigorous comeback from the crypto winter of 2022/23, which saw high-profile collapses like FTX void hundreds of millions in deals with properties like Major League Baseball and Mercedes-AMG Petronas F1.

The subsequent rebound has been characterized by aggressive entrants like Gate.io, which went from zero to $53 million in sports sponsorships in just 12 months. As SportQuake forecasts, this momentum is expected to push total crypto sports sponsorship spending in the 2025/26 season back toward its all-time peak of $685 million, signaling a full recovery and a new wave of market entrants.



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September 10, 2025 0 comments
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Crypto Trends

The Multibillion-Dollar Security Problem Holding Crypto Back

by admin September 10, 2025



Crypto is superior to traditional finance. Unlike SWIFT, which can take days to process payments, newer blockchain networks achieve finality in mere seconds and have throughput sufficient for real-world mass adoption. U.S. Treasury Secretary Bessent projects stablecoins alone will hit $3.7 trillion by 2030. That’s the equivalent of Germany’s GDP.

Despite its technological edge, crypto has a major security problem. We’re on track to lose around 4% of total value locked to hacks in 2025. In H1 alone, the industry lost over $2 billion. When annualized, that points to over $4 billion flowing into hackers’ wallets this year.

If these losses were mirrored in traditional finance, the entire system would collapse. Yet crypto normalizes catastrophic loss rates while wondering why JPMorgan isn’t moving their balance sheet on-chain.

Hacks cost more than you think

The real damage goes far beyond immediate theft. It’s a burden on the whole ecosystem and it gets priced in. Hacked protocols suffer a median 52% token price decline over six months, with the majority still showing price suppression half a year later.

For an industry aspiring to manage the world’s wealth, this is an existential problem. No traditional financial market could survive with annual theft rates approaching 4%. To unlock the institutional flood gates and bring the next trillion on-chain, we must drive hack rates below 1% – now.

The North Koreans are stalking your development team

The moment a crypto project announces funding, North Korean hackers begin social engineering attacks on development teams. They’ve gotten scary good at it. Look at the Radiant Capital hack – $50 million gone because attackers compromised devices through malware that infected transaction signing.

The most painful part of all of this is that we have the tools to stop this, and they keep getting better. AI-driven monitoring systems can spot and resolve critical security issues before code is deployed, catching vulnerabilities that humans miss. Auditing services connect projects with elite Web3 security researchers to deliver tailored security reports. We have the tools, yet projects still ship with single pre-launch audits and pray. Protocols set rewards to identify vulnerabilities at 1% of funds at risk when they should be at 10%. Moreover, they skip monitoring because it seems expensive until they’re explaining to users why $50 million vanished.

How to make crypto ready for primetime

Reducing hack rates below 1% is an engineering challenge we already know how to solve. Protocols must embrace comprehensive security stacks: continuous monitoring, meaningfully priced security rewards to encourage security researchers, formal verification for critical components and AI-powered threat detection. The cost is trivial compared to the potential losses.

Banks and institutions see these hack rates. They run the math. And they conclude – correctly – that crypto isn’t ready for prime time.

DeFi survived every market crash with no systemic bad debt. We solved the technical problems. Security can’t be an afterthought. Either we adopt the security tools we’ve already built, or we watch institutional capital deploy elsewhere while hackers fund their operations with our losses.



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September 10, 2025 0 comments
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EU Chat Control Depends On Germany’s Decision
Crypto Trends

EU Chat Control Depends On Germany’s Decision

by admin September 10, 2025



As the EU Council heads to vote on the so-called “Chat Control” law, Germany could prove the deciding factor.

Put forward by Denmark, the law would essentially eliminate encrypted messaging, requiring services such as Telegram, WhatsApp and Signal to allow regulators to screen messages before they are encrypted and sent.

Legislators from 15 member states of the EU have indicated support for the bill, but those countries do not constitute at least 65% of the EU population, meaning they need additional support.

Germany has been on the fence about supporting the law, and it could deal a major blow to privacy in Europe if it decides to support it.

EU Chat Control bill aims to fight child abuse

The Regulation to Prevent and Combat Child Sexual Abuse (CSA), or “Chat Control” regulation, was first introduced by then-European Commissioner for Home Affairs Ylva Johansson in 2022. It aims to fight the spread of online child sexual abuse material (CSAM) through, among other things, screening messages before they are encrypted. The law has previously failed to achieve the support necessary to move forward.

On July 1, the first day of Denmark’s presidency of the Council of the European Union (EU Council), the country said the directive would receive “high priority.”

Since the beginning of Denmark’s six-month presidency of the council, member states have been solidifying their positions, which they are expected to finalize before a meeting on Sept. 12 and an eventual vote on Oct. 14.

The supporting block needs more support to comprise 65% of the EU population and obtain a qualified majority. Six countries remain undecided, according to Fight Chat Control, an activist group opposed to the regulation:

  1. Estonia

  2. Germany

  3. Greece

  4. Luxembourg 

  5. Romania

  6. Slovenia.

Among these countries, Germany is necessary to sway the outcome of the EU Council vote. Its 83 million citizens would bring the population of countries supporting Chat Control to some 322 million, or 71% of the EU. The other five countries combined, even if they voted in support, do not make up a large enough segment of the population.

Related: EU proposal to scan all private messages gains momentum

Per Fight Chat Control, many German members of the European Parliament (MEPs) oppose the draft law. Citing documents from a July 11 meeting leaked to German publication Netzpolitik.org, it found opposition to Chat Control across the political spectrum. MEPs from the Bündnis 90/Die Grünen and Alternative für Deutschland — respectively representing the center-left and far-right of German opposition politics — oppose Chat Control.

However, an equally large number of parliamentarians from the ruling Social Democrats, Christian Democrats and Social Democratic Union of Bavaria are reportedly uncommitted.

Some are concerned that these uncommitted lawmakers could be inclined to take existing German law and apply it to the entire EU.

Germany already has laws that allow police to circumvent encryption used by popular messaging platforms like WhatsApp and Signal. In 2021, the Bundestag amended laws to allow the police to intercept communications of “persons against whom no suspicion of a crime has yet been established and therefore no criminal procedure measure can yet be ordered.”

Software developer and privacy rights advocate Jikra Knesl said, “A form of ChatControl already exists in Germany. Companies like Meta are sharing their reports with the police.”

If expanded to the entire EU, it could affect “millions of innocent people whose homes might be searched even when they did nothing wrong,” he said.

Civil society mobilizes against Chat Control 

As the decision draws closer, civil rights groups, activists and even European parliamentarians have been speaking out against Chat Control.

Emmanouil Fragkos, an MEP for the right-wing Greek Solution party, submitted a parliamentary question about Chat Control in July. He said that a review of the law “raised new, grave concerns about the respect of fundamental rights in the EU.”

The law faces a reading and critical vote at the EU Council. Source: EU Council

Oliver Laas, a junior lecturer of philosophy at Tallinn University, wrote in an op-ed on Monday that laws like Chat Control “are laying the groundwork in the present for a potential democratic backslide.”

“In a world that is slowly but surely becoming more authoritarian, individuals are not protected by the state’s surveillance capabilities being reined in by law — they are protected by the absence of such capabilities altogether,” he said.

Another point of contention is the impact Chat Control could have on the efficacy of encryption technology. 

Fragkos said that creating mandatory gaps in encryption would “create security gaps open to exploitation by cybercriminals, rival states and terrorist organisations.”

The FZI Research Center for Information Technology, a nonprofit organization for IT research, released a position paper opposing Chat Control last year. It acknowledged that the goal of the law is undisputed, but Chat Control’s implementation would both weaken user rights to privacy and the efficacy of encryption technology itself.

Sascha Mann, policy shaper for digitalization and digital rights at Volt Europa — a federalist, pan-European political party in the European Parliament — also questioned the efficacy of Chat Control.

“Besides the issues of privacy and consent, chat control may even hinder law enforcement efforts to effectively fight sexual abuse,” he said. The sheer volume of content sent by messengers in the EU would “result in an abundance of false positives that would eat up law enforcement resources.”

Some 400 scientists from global research institutions confirmed this problem of false positives in an open letter signed this morning. 

“Existing research confirms that state-of-the-art detectors would yield unacceptably high false positive and false negative rates, making them unsuitable for large-scale detection campaigns at the scale of hundreds of millions of users as required by the proposed regulation,” the letter read.

Mann suggested it would be better for the EU to implement solutions suggested by organizations fighting CSA. These included deleting CSA materials online after an investigation and increasing law enforcement resources.

On Friday, Europe will see whether these concerns are enough to convince undecided MEPs and chart the future for digital privacy, or lack thereof, in the EU.

Magazine: Can Robinhood or Kraken’s tokenized stocks ever be truly decentralized?



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3Iq’s Solana And Xrp Etfs Mark New Records In Canada
Crypto Trends

3iQ’s Solana And XRP ETFs Mark New Records In Canada

by admin September 10, 2025



Investment firm 3iQ’s Solana Staking ETF (SOLQ) and XRP ETF (XRPQ) have set new records for assets under management (AUM), making them the largest ETFs in Canada.

According to the official announcement, the SOLQ ETF now has more than CAD 300 million in AUM, and the XRPQ ETF now has more than CAD 150 million, making them the largest in Canada under their categories. 

Solana Staking ETF (SOLQ) made news earlier this year when it raised an impressive C$90 million in just two days. It quickly became Canada’s largest Solana ETF in terms of AUM. After that, 3iQ started its XRP ETF, which was also a first. In only three days of trading, XRPQ had more than C$32 million in AUM, making it the largest XRP-focused ETF in Canada.

Pascal St-Jean, President and CEO of 3iQ, said that the success of SOLQ and XRPQ at the same time shows that more investors want regulated, easy-to-use crypto investment vehicles.

“The momentum behind SOLQ and XRPQ demonstrates that Canadian investors and global leaders in the digital asset space are embracing secure, transparent, and regulated access to digital assets,” he said.

3iQ Solana Staking ETF (TSX: SOLQ, SOLQ.U) and 3iQ XRP ETF (TSX: XRPQ, XRPQ.U) record largest AUMs in their respective categories!

We’re excited to share that investor demand sees $SOLQ surpass CAD 300 million and $XRPQ exceed CAD 150 million in AUM. Launched earlier this year,… pic.twitter.com/ABSPdnfqBZ

— 3iQ Digital Asset Management (@3iq_corp) September 9, 2025

XRPQ had a 0% management fee for the first six months, which made it one of the cheapest digital asset ETFs on the market. Ripple, one of the biggest enterprise blockchain companies, backed the fund early on, which also helped its credibility.

Canada is now at the forefront of crypto-linked ETF innovation thanks to these quick milestones. This makes it easy for investors to get into altcoins like Solana and XRP.

Also Read: Fidelity Launches FDIT, Backed by Ondo Finance’s OUSG Fund





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XRP Price Positively Skewed to Historical Trend, Is $3.50 High Possible?
Crypto Trends

XRP Price Positively Skewed to Historical Trend, Is $3.50 High Possible?

by admin September 10, 2025


The XRP price experienced a 9.12% dip in the last 30 days as the asset faces volatility, which pulled it away from the $3 level. Despite this setback, XRP’s historical data suggests that the altcoin could reclaim $3 and hit a new target of $3.50 this September.

Historical XRP data points to strong September gains

Cryptorank data shows that in the last four consecutive years, XRP has always closed the month in the green. Although it preceded that four-year streak with three years of straight losses, XRP has recorded more gains in September than losses.

XRP Monthly Returns Chart | Source: Cryptorank

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The highest growth figures were recorded in 2013 when the coin spiked by 94.4%, followed by 2018 with a 73.2% growth rate. Other notable years of growth were in 2016 and 2022, with 46.9% and 46.2% growth rates, respectively.

Overall, XRP has an average growth rate of 14.1% in the month of September. That figure suggests that a repeat of history could see XRP reach $3.50 in the cryptocurrency trading at $2.96, representing a 1.29% decrease over the market.

As of press time, the XRP price was changing hands at $2.96, representing a 1.29% decrease in the last 24 hours. The asset slipped from a peak of $3.03, exiting the $3 zone after traders moved in for profit.

If XRP registers 14.1% growth, the XRP price may trade around $3.38. Other market forces and events could make it climb as high as $3.50.

XRP’s RSI and technical indicators show mixed signals

Meanwhile, the asset’s Relative Strength Index (RSI) shows it has been overbought. This has triggered a significant pullback by investors. Notably, the coin’s trading volume has also declined by 32.45% and is currently at $4.42 billion.

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XRP investors will have to hope history will repeat itself for the asset to rally and reclaim the $3.50 target.

As reported by U.Today, XRP’s technical indicators suggest that the current sideways movement of the price is temporary. Notably, the Bollinger Bands indicate that bears might be caught in a trap as the price surges unexpectedly.



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