Brave New Coin

XRP Warning: Whale Activity Collapses as Bears Target Critical $1 Support

July 13, 202603:26 PM
XRP Warning: Whale Activity Collapses as Bears Target Critical $1 Support

The XRP market is facing a significant downturn as on-chain activity experiences a sudden collapse, stripping the asset of its recent momentum. Bearish technical indicators are mounting pressure, leaving the $1 support level as the primary line of defense against further devaluation.

This sudden withdrawal of whale activity suggests a lack of institutional conviction, potentially leading to increased volatility. As market sentiment shifts toward the bearish side, investors are closely watching whether the XRP price can hold its ground or if a breakdown is imminent.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

Read Full Article at Brave New Coin
QR Code Lightning

Support Jornal Bitcoin

Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.

Wallet of Satoshi
jonata@walletofsatoshi.com

Daily Crypto Brief 📬

Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.

Join more than 10,000 smart readers.

Related News

CoinDesk

Bitcoin Slips: Traders Ramp Up July Fed Rate Hike Bets Ahead of Inflation Data

The cryptocurrency market is experiencing a sharp downturn, with Bitcoin dropping by more than 2% within a 24-hour window. This sudden volatility is driven by traders aggressively boosting bets on a potential Federal Reserve rate hike scheduled for July, signaling a shift in market sentiment.

Investors are bracing for the upcoming inflation report, which remains the most critical macro catalyst for digital assets. As the Fed's stance on monetary policy becomes the central focus, the interplay between inflation data and interest rate expectations continues to dictate the immediate price action for major cryptocurrencies.
China's Economic Powerhouse: June Trade Surplus Rockets to $126B, Defying Forecasts
Crypto Briefing

China's Economic Powerhouse: June Trade Surplus Rockets to $126B, Defying Forecasts

China has delivered a massive economic signal as its June trade surplus surged to $126 billion, decisively beating market forecasts. This robust trade performance is acting as a vital catalyst for economic confidence, providing a much-needed buffer against global volatility and strengthening the nation's macroeconomic standing.

This unexpected strength is crucial in reshaping long-term outlooks, potentially neutralizing fears that China's GDP growth could plummet below 1.0% by 2026. As the world watches for signs of a slowdown, this surge in trade surplus suggests a more resilient economic trajectory that could influence global liquidity and investor sentiment across all asset classes.
Massive Move: US-Linked Wallets Shift Nearly $297M in Seized BTC and ETH to Coinbase Prime
Crypto Briefing★ Featured

Massive Move: US-Linked Wallets Shift Nearly $297M in Seized BTC and ETH to Coinbase Prime

A major movement of digital assets has been identified as US-linked wallets transferred approximately $297 million in seized Bitcoin and Ether to Coinbase Prime. This strategic shift in the custody of large-scale crypto assets under government control marks a significant event for institutional liquidity monitoring.

The implications of this transfer extend to market stability and investor sentiment, as the market closely watches for potential sell pressure. How the US government handles these seized assets could serve as a precedent for future regulations and impact the broader volatility of the cryptocurrency landscape.
Asia Crypto Alert: $122M Scam Wallet Uncovered as Japan Leads in Bitcoin Mortgages
CoinTelegraph★ Featured

Asia Crypto Alert: $122M Scam Wallet Uncovered as Japan Leads in Bitcoin Mortgages

Interpol has exposed a massive money-laundering operation in Thailand, where a single crypto wallet linked to romance scams processed over $122.5 million in just 10 months. As part of Operation First Light 2026, authorities dismantled a network using sophisticated cross-chain token swaps to obscure the flow of illicit proceeds.

Amidst these security crackdowns, the Asian market is showing immense institutional growth, particularly in Japan, where Bitcoin-backed mortgages and stablecoin yields are becoming mainstream topics. Furthermore, Hyundai is exploring the Avalanche network for global stablecoin transfers, highlighting the rapid integration of blockchain technology into global finance.
Former Deputy Sentenced to 18 Months for Lying to Feds in Adam Iza 'Crypto Godfather' Probe
Crypto Briefing★ Featured

Former Deputy Sentenced to 18 Months for Lying to Feds in Adam Iza 'Crypto Godfather' Probe

A former deputy has been sentenced to 18 months in prison for lying to federal investigators involved in the probe of Adam Iza, the notorious 'Crypto Godfather.' This legal development underscores the aggressive stance federal authorities are taking against high-profile figures in the digital asset space.

The case highlights significant vulnerabilities in law enforcement regarding corruption, particularly within emerging sectors like cryptocurrency. As investigations intensify, the fallout from such legal battles continues to impact public trust and the overall regulatory landscape for the crypto industry.
Market Alert: US Dollar Holds Steady as Yen Plummets to 40-Year Low
Crypto Briefing

Market Alert: US Dollar Holds Steady as Yen Plummets to 40-Year Low

Global markets are bracing for impact as the US dollar maintains its position ahead of critical upcoming inflation data. The yen's dramatic decline to a 40-year low is creating significant pressure, signaling a potential shift in global liquidity that could reshape how institutional players approach risk.

This macroeconomic tension poses a direct threat to global risk markets, potentially forcing a massive realignment of investment strategies. As investors await inflation updates, the interplay between a steady dollar and a sinking yen could trigger widespread volatility across both traditional finance and the crypto ecosystem.
Jornal Bitcoin Logo