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XRP Price to Make Major Move in Next 10 Days: Details
GameFi Guides

XRP Price to Make Major Move in Next 10 Days: Details

by admin August 25, 2025


  • Indecisive market
  • Important price zone

The next 10 days may determine the short-term trajectory of XRP, which is nearing a pivotal point on the chart. A symmetrical triangle pattern, which is known to build pressure prior to a significant breakout or breakdown, has been the asset’s pattern of consolidation. Since the price of XRP is now just a few steps away from the peak, a spike in volatility is anticipated soon.

Indecisive market

The symmetrical triangle illustrates the market’s indecisiveness: although buyers and sellers are engaged in combat, neither side has been able to seize control. In the past, depending on overall momentum and market movements, assets that reach the apex of such a triangle frequently experience a sharp move, either upward or downward.

XRP/USDT Chart by TradingView

Right now, XRP is trading at about $2.95. Support is located close to $2.80, and the triangle’s upper resistance line limits rallies around $3.10. While a breakdown could force the price back to the $2.70 zone, or even the 200-day EMA if sentiment deteriorates, a breakout above resistance could swiftly move XRP back to the $3.30-$3.50 range.

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At 49, the Relative Strength Index (RSI) is in a neutral position, nearly in the middle. This supports the notion that XRP is in a waiting period before making a meaningful move, by indicating that the market is neither overbought nor oversold. However, volume has been steadily dropping, which is consistent with triangle consolidations, but also suggests that sustained breakouts will need high participation.

Important price zone

The 200-day EMA is still much lower, while the 50-day and 100-day EMAs are currently functioning as close dynamic supports. This emphasizes how crucial the $2.75-$2.80 zone is for bulls to defend.

Ten days remain until price action most likely hits the triangle’s apex, so investors should prepare for higher volatility. The state of the market as a whole will determine whether XRP breaks higher or lower, but the setup is obvious: a significant move is ahead.

Everyone’s attention is currently focused on the $3.10 resistance and the $2.80 support. XRP will finally start its next leg up once one of these levels breaks.



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August 25, 2025 0 comments
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Crypto
NFT Gaming

IRS Loses Top Crypto Enforcer After Only 90 Days on the Job

by admin August 24, 2025


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

Trish Turner’s sudden exit from the IRS digital assets unit has sharpened attention on how the US will handle crypto tax enforcement going forward.

Based on reports, Turner stepped down roughly three months after taking the post, closing out a career that spanned more than 20 years at the agency.

What The Resignation Signals

According To LinkedIn posts and media reports, Turner said she looks forward to “continuing this mission from a new vantage point” and to building ties between industry and regulators.

Reports have disclosed she will join the crypto tax firm Crypto Tax Girl as tax director, a move confirmed by founder Laura Walter.

Bloomberg Tax first reported the hire. For industry players, the move is a reminder that public-sector know-how is in high demand in the private market.

Turnover At The Top

Turner follows two prior leaders who left the IRS crypto unit after roughly a year. Sulolit “Raj” Mukherjee and Seth Wilks both exited before Turner’s appointment in May.

That pattern raises questions about leadership continuity as Congress and oversight bodies push for clearer policy and improved enforcement.

On July 11, House committee leaders scheduled hearings aimed at creating a formal tax policy framework for digital assets. These hearings will test the IRS’s ability to keep up while staff and senior leaders change.

BTCUSD currently trading at $114,654. Chart: TradingView

Political And Oversight Pressure

Several recent developments have fed the urgency around crypto tax work. On July 4, US President Donald Trump signed a joint resolution that rolled back a Biden-era rule requiring some DeFi protocols to report transactions to the IRS.

On April 11, the US Treasury Inspector General for Tax Administration urged reforms after finding failures in how IRS criminal investigators handled digital-asset cases.

And in March, the Department of Government Efficiency, or D.O.G.E. proposed cutting the IRS workforce by 20%, a plan that would reshape capacity across the agency.

Industry Reaction And Next Steps

Economist Timothy Peterson greeted Turner’s move with levity, saying, “Trish Turner left the Dark Side to become a Crypto Jedi Knight.”

The quip points to a wider trend: regulators are being recruited by private firms that need help navigating new tax rules and growing compliance demands.

IRS Director Trish Turner left the Dark Side to become a Crypto Jedi Knight. Also to make 10X what the IRS paid her. Bio listed within hours. Don’t hate on her. One less of them. One more of us. pic.twitter.com/AgzjXWn1I9

— Timothy Peterson (@nsquaredvalue) August 22, 2025

For taxpayers and companies, that means better access to specialist advice. For the IRS, it may mean a steeper challenge in keeping institutional knowledge inside the agency.

What Comes After Turner

Based on reports, Turner did not list a start date in her announcement. The IRS has not publicly detailed a replacement plan.

With hearings planned and inspector general recommendations on the table, the agency’s work on digital assets is unlikely to slow.

How quickly leadership is restored, and whether the IRS can retain senior talent, will matter to lawmakers and to the businesses that must follow evolving tax rules.

Featured image from Getty Images, chart from TradingView

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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August 24, 2025 0 comments
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Decrypt logo
Crypto Trends

Bitcoin ETFs Shed $1 Billion in Five Days Amid Ethereum Comeback

by admin August 24, 2025



In brief

  • Bitcoin ETFs are experiencing a significant sell-off, with over $1.1 billion in outflows over the past five days as investors de-risk ahead of the Jackson Hole symposium.
  • Ethereum ETF flows have bucked the bearish trend, with a strong inflow on August 21.
  • Crypto market remains highly volatile with significant liquidations and key price levels in play, as traders await clarity on the Fed’s interest decision.

Bitcoin ETFs continued their five-day streak of outflows, shedding over $1.1 billion in the past week as investors de-risk ahead of U.S. Federal Reserve Chairman Jerome Powell’s final address at Friday’s Jackson Hole symposium.

This widespread sell-off in risk-on assets has coincided with a 10% crash in Bitcoin’s price since its August 14 all-time high of $124,545.

U.S. equities have also suffered a similar fate, with the S&P 500 index down 1.72% since its own high on August 13.

The large-scale de-risking across ETFs and cryptocurrency markets can be attributed to a concerning inflation data released in August, leading to a significant shift in the market’s rate cut perspective.

The rate cut odds, as a result, have dropped from 90% to 75%, triggering an outflow spree in Bitcoin ETFs.

Ethereum ETF flows, however, have bucked the bearish trend, noting a $286.7 million inflow on August 21, ending the four-day outflow streak.

“Ethereum is going through one of the strangest weeks these days,” Arthur Azizov, Founder and Investor at B2 Ventures, told Decrypt.

The market is “stuck between adoption and stress,” Aziziv said, highlighting the buyers’ inability to move prices despite positive news like BTCS’s plan to pay dividends in Ethereum.

The recent $3.8 billion in staking validator exits have added selling pressure to Ethereum, said Azizov, but clarified that the long-term institutional trend is a “key tailwind” since these large investors control 5% of Ethereum’s supply, which helps “tightens the float.”

As investors speculate on what Powell might say, volatility is likely to remain elevated.

The sudden drop in Bitcoin’s price, which trades around $112,500, caused over $100 million in liquidations over the past hour alone, with $317 million worth of positions forced to close in the past 24 hours, according to CoinGlass data.

Options data on Deribit shows a high concentration of trading around the $120,000 and $110,000 strike prices, indicating a strong battle for control at those levels ahead of Powell’s highly anticipated speech.

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August 24, 2025 0 comments
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A slot machine showing winning reels
Gaming Gear

‘Silksong lol’: CloverPit devs delay the slot machine Balatro-like by 23 days to escape the blast radius of Silksong’s launch

by admin August 22, 2025



You know what they say: The best laid plans of mice and men sometimes get abruptly derailed by a surprise launch announcement. Thanks to yesterday’s reveal that Silksong’s release date is only two weeks away, CloverPit developer Panik Arcade has decided to push back the launch of the slot machine roguelite to dodge the all-consuming attention singularity that we can safely expect the Hollow Knight sequel to be.

Panik Arcade announced the change of plans in a Steam news post titled “We have to delay CloverPit a bit (Silksong lol)!” Rather than its original release date of September 3, CloverPit will now launch on September 26.

(Image credit: Future Friends Games)

“Silksong is the most anticipated and wishlisted game on all of Steam and we think people will love this game and play it right at launch (including us) but that also means it will overshadow all games launching close to it,” Panik Arcade said. “So if we stick to our original date we would risk the launch of CloverPit a fair bit.”


Related articles

My sympathies go out to any devteam that’s had to reevaluate their launch plans after unknowingly choosing a release date within the Silksong gravity well, but CloverPit’s case is particularly tragic: Its original release date was announced just nine days ago. It had a delightful trailer to go along with it and everything. Luckily, Panik Arcade seems to be taking it in stride.

“We poured our hearts into our little game so of course we want to give it the best possible shot,” Panik Arcade said. “We hope you can understand—we’ll use the extra time of course to polish the game even further and we hope for your support at launch either way.”

(Image credit: Future Friends Games)

After playing the CloverPit demo, I’m eager to get my hands on the full version whether it launches in 12 days or 35. It’s got that Balatro-style multiplier-stacking juice, a magnificently grody aesthetic, and an understanding that gambling is the enterprise of hungry, uncaring devils. Plus, it makes fun lights when you win! If it means CloverPit gets a better shot at its time in the spotlight, I’m content with a slightly longer wait.

CloverPit launches on Steam on September 26. Hopefully we’ll all have recovered from the collective Silksong mania by then.

Keep up to date with the most important stories and the best deals, as picked by the PC Gamer team.



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August 22, 2025 0 comments
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Bitcoin
Crypto Trends

Is Bitcoin’s Four-Year Cycle Still Alive? Analyst Hints At An Eventful 100 Days Ahead

by admin August 17, 2025


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

The “Bitcoin cycle theory is dead” is one narrative that has gained increased traction as the year has gone on, especially with the premier cryptocurrency setting multiple all-time highs since April. This hypothesis is based on the shift in the market dynamics and the entry of a new group of investors.

Since the launch of Bitcoin exchange-traded funds (ETFs) in early 2024, the market has seen the entry of a new set of institutional players. This new trend or wave of investors is believed to have introduced some form of unpredictability to the market and price movements.

Nevertheless, a market analyst on X has asked an interesting question — what will happen if the traditional four-year cycle continues?

BTC Price Could Reach Cycle Top In 100 Days

In an August 16 post on social media platform X, a market analyst—bearing the name of renowned American economist Frank Fetter—shared an insight into how the Bitcoin price could move if the four-year cycle continued. According to the pundit, the next 100 days could be interesting for the flagship cryptocurrency.

This evaluation revolves around the Bitcoin Index Performance Since Cycle Low, which tracks the performance of the BTC price in various 4-year periods. This chart displays the cyclical nature of most financial markets, including the nascent cryptocurrency market.

Fetter highlighted a Bitcoin Index Performance chart in their post, showing the movement in the past two cycles (2015 – 2018 and 2018 – 2022) and the current cycle. As shown in the chart below, the price of BTC grew by 110x in the 2015 – 2018 cycle (green line) and took 1,068 days to reach its top.

Source: @FrankAFetter on X

Similarly, the price of Bitcoin reached the cyclical peak in 2022, 1,060 days after the cycle low in 2018. However, the premier cryptocurrency only did 21x in the 2018 – 2022 cycle (blue line), reflecting a more mature and stable market environment.

In the current cycle (black line), the price of BTC is up by 7.3x from its 2022 cycle low, which was 997 days. If the traditional four-year cycle theory is still in play, it means that the market leader could be about 100 days away from reaching its price top in this cycle. From an optimistic standpoint, this means that BTC might still have one leg up before peaking.

However, a continuous rally or sustained bullish momentum even after 100 days from now could spell the end of the cycle theory for the Bitcoin price. This shift in market structure could translate into longer bull runs and shorter bearish periods for the world’s largest cryptocurrency.

Bitcoin Price At A Glance

As of this writing, the price of Bitcoin stands at around $117,625, reflecting a mere 0.3% increase in the past 24 hours.

The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView

Featured image created by Dall-E, chart from TradingView

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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August 17, 2025 0 comments
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