The hackers behind Radiant Capital’s $58 million October 2024 exploit now hold over $102 million in Ether after the asset’s price more than doubled.

BitcoinWorld Bitcoin Price Drop: Unpacking the Surprising Fall Below $121,000 The cryptocurrency market is experiencing a significant shift, and a truly surprising Bitcoin price drop has seized the attention of investors worldwide. According to Bitcoin World market monitoring, BTC has indeed fallen below the crucial $121,000 mark, trading specifically at $120,995.82 on the Binance USDT market. This sudden movement sparks urgent questions for investors and enthusiasts alike, prompting a deeper look into the current BTC market update . This article provides essential crypto trading insights to help you understand the current landscape. Understanding the Recent Bitcoin Price Drop : What Triggered It? Bitcoin, the world’s leading cryptocurrency, recently saw its value dip significantly. This particular price point, $120,995.82, is a notable threshold, and its breach often indicates underlying shifts in market sentiment or external factors. Understanding these triggers is crucial for anyone involved in Bitcoin trading . Several elements can contribute to such a sharp decline. These often include: Macroeconomic Headwinds: Broader economic uncertainties, such as inflation concerns or interest rate hikes, frequently push investors away from riskier assets like cryptocurrencies. Regulatory Speculation: News or rumors about potential new regulations in major markets can create FUD (Fear, Uncertainty, and Doubt) among traders, leading to sell-offs. Large Liquidations: Significant sell orders from whales or cascading liquidations in derivatives markets can quickly drive prices down, accelerating a Bitcoin price drop . Technical Resistance: BTC might have encountered strong selling pressure at a particular resistance level, leading to a reversal. Navigating the Current BTC Market Update : Opportunities Amidst Volatility? For many, a Bitcoin price drop can be unsettling, but it also presents opportunities for those with a long-term perspective. The cryptocurrency market is known for its volatility, and price fluctuations are a standard part of its journey. It is essential to differentiate between a temporary correction and a more prolonged bearish trend. Current data suggests a period of consolidation might follow this drop. Investors are closely watching key support levels to see if Bitcoin can find stability. This immediate reaction is part of the dynamic nature of cryptocurrency news , which always keeps participants on their toes. By staying abreast of cryptocurrency news and market trends, investors can make more informed decisions. What Does This Mean for Bitcoin Analysis and Your Strategy? This recent movement highlights the importance of thorough Bitcoin analysis . Before making any decisions, consider the broader market context. Is this a temporary dip, or are there deeper systemic issues at play? Active traders might look for short-term opportunities, while long-term holders may view this as a chance to accumulate more at a lower price. Here are some actionable insights for navigating such market conditions: Stay Informed: Keep up with reliable sources for the latest crypto trading insights and market news. Diversify Your Portfolio: Do not put all your eggs in one basket. A diversified portfolio can mitigate risks during volatile periods. Set Clear Goals: Define your investment strategy, whether it is for short-term gains or long-term growth, and stick to it. This applies whether you are new to Bitcoin trading or an experienced investor. Practice Risk Management: Only invest what you can afford to lose. Use stop-loss orders to protect your capital and manage your exposure to potential downturns. The recent Bitcoin price drop below $121,000 is a significant event that underscores the inherent volatility of the crypto market. While such movements can cause concern, they also serve as a reminder of the need for diligent research, sound strategy, and emotional resilience. Staying informed about the latest BTC market update and applying prudent risk management are key to navigating these exciting yet unpredictable waters successfully. As the market evolves, adaptability and knowledge remain your most valuable assets. Frequently Asked Questions (FAQs) Q1: What caused the recent Bitcoin price drop? A1: The recent drop can be attributed to a combination of factors including macroeconomic headwinds, regulatory speculation, large-scale liquidations, and encountering technical resistance levels in the market. Q2: Is this a good time to buy Bitcoin? A2: A price drop can present an opportunity for long-term investors to accumulate Bitcoin at a lower price. However, it’s crucial to conduct your own Bitcoin analysis and consider your personal risk tolerance and investment goals before making any decisions. Q3: How does market volatility affect long-term Bitcoin holders? A3: For long-term holders, market volatility, including a Bitcoin price drop , is often viewed as a normal part of the asset’s growth cycle. While short-term fluctuations can be significant, the focus remains on Bitcoin’s long-term potential and adoption. Q4: Where can I find reliable cryptocurrency news and insights? A4: For reliable cryptocurrency news and crypto trading insights , it’s best to follow reputable financial news outlets, established crypto analysis platforms, and official project announcements. Always cross-reference information from multiple sources. Q5: What are key strategies for Bitcoin trading during a price drop? A5: Key strategies for Bitcoin trading during a price drop include setting clear investment goals, practicing robust risk management (e.g., stop-loss orders), diversifying your portfolio, and staying informed about market trends and news. Did you find this analysis helpful? Share this article with your friends and fellow crypto enthusiasts on social media to keep them informed about the latest Bitcoin price drop and market developments! To learn more about the latest Bitcoin market trends, explore our article on key developments shaping Bitcoin price action. This post Bitcoin Price Drop: Unpacking the Surprising Fall Below $121,000 first appeared on BitcoinWorld and is written by Editorial Team

XRP rapidly losing its place among top assets in terms of activity, which is worrying tendency

Is XRP Gearing up for a Third Wave Rally or Classic Bull Trap? According to crypto commentator Sasha why NOT, the question looming over XRP right now isn’t just technical, it’s existential: “third wave or bull trap?” The market analyst pointed out , “The crypto community is split – is XRP gearing up for the next leg up, or are bears setting a trap?” XRP’s mid-July surge to a record $3.65 reignited mainstream buzz, fueling both FOMO and profit-taking. Presently, the frenzy had cooled, with prices consolidating at the $3.25 zone with volatility easing but liquidity still running high. Sasha’s read blends on-chain and macro signals. On one hand she points to structural positives, such as rising institutional interest, spot-ETF flows into crypto that buoy the market broadly, and whales scooping 900 million coins in a span of 48 hours, developments that increase utility and on-ramps for XRP. Those are the fuel for a legitimate third wave. Sasha cautions that bull traps often stem from parabolic spikes fueled by short-term leverage, whale concentration, and headline-driven trades, setups that can unravel once momentum fades. Recent analyst calls range from bullish Elliott Wave targets to more cautious forecasts, highlighting the wide gap in outcome probabilities. Sasha why NOT acknowledged, “The balance is mixed. Whale accumulation and a legal win favor the bulls, but the technical setup and Bitcoin dominance at 58.87% keep a deep correction in play.” The analyst pinpointed $3.30–$3.40 as the critical price zone to watch. XRP Should Hold $3.15 Taking on X, formerly Twitter, market commentator Crypto Eagles noted that XRP had cleanly reclaimed the $3.15 support, signaling a pivotal price-level shift and a more constructive market structure, an inflection that could set the tone for the next rally leg. Crypto Eagles’ signal went beyond a single candle close. Following a pullback, XRP filled a Fair Value Gap (FVG), a market-structure cue often preceding retests and continuations, then reclaimed and held the $3.15 level, flipping resistance into support. This FVG fill → reclaim → hold sequence reflects the constructive structure whereby higher lows and confirmed support reinforce a short- to mid-term bullish bias. The market commentator pointed out, “Price has filled FVG and is now testing the descending trend line. A confirmed breakout above this level would likely take it toward the $3.3 region, with $3.4 as the next key upside target. Maintaining $3.15 as a support base will be critical for sustaining bullish setup.” Conclusion Crypto Eagles’ call that XRP’s reclaim of $3.15 is constructive is a concise way of saying price structure has shifted in favor of buyers. On the other hand, the market is no longer asking whether XRP can rally, it already did. The real question, the one Sasha why NOT keeps returning to, is whether today’s momentum is the start of a durable next leg or a headline peak that lures late buyers into a correction.

A recent Fox Business interview clip shared by Riz on X has captured attention across the crypto space after Eric Trump and World Liberty Financial co-founder Zach Witkoff sidestepped a pointed question about XRP while heavily promoting their fast-growing stablecoin, USD-1. Eric Trump Highlights “Fastest Growing Stablecoin” The segment opened with the interviewer setting the stage: “When I say you’re at the dial-up phase of crypto…” Eric Trump seized the opportunity to frame USD-1 as a leader in the digital asset revolution. “When I say you’re at the dial-up phase of crypto, we have the fastest growing stable coin on earth and World Liberty Financial,” Trump declared. “Everything is becoming digitized. Everything is becoming tokenised. We are making big banks irrelevant. It’s a fascinating time.” they won't answer the question about #XRP .. she didn't ask about #RLUSD pic.twitter.com/AnNBqQlKTR — RIZ.. (@RizXRP) August 14, 2025 He further argued that the rise of “crypto digital money” is something investors are eager to participate in, attributing its growth to “better regulation, clearer under this administration.” Zach Witkoff Steers the Conversation Toward USD-1 The interviewer then shifted focus, asking Witkoff directly: “But Zach, other than the fact that people feel it’s a way to support The Trump Family in getting one of these tokens, what are the reasons it would gain value relative to other crypto, say for example XRP?” Witkoff began by acknowledging XRP’s functionality: “Because XRP has a function. It is the token of the Ripple blockchain. Ethereum is the Ether Network’s token.” However, rather than giving a detailed side-by-side comparison, he pivoted to describing USD-1’s role and market performance: “So what does this do? Beyond just being Oh, hey, it’s the Trump Family coin. So this is the governance token behind USD one.” He then touted its scale: “USD1 is our flagship product, like Eric said, it’s the fastest-growing stablecoin in the world. We have way more market cap today than RLUSD. You just mentioned Ripple — right now we’re blowing their stable coin out of the water, frankly. We have a little over two point two billion dollars in market cap. We have over 500 million dollars in volume a day, and right now, we’re the second biggest genius compliance stable coin.” We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Why XRP Is Often Avoided in Direct Comparisons This exchange highlighted a pattern familiar to many in the crypto community: executives often avoid lengthy public commentary on XRP . Several factors explain this caution. First, XRP commands one of the most dedicated and vocal user bases in crypto. Direct criticism or even perceived undervaluation can provoke intense community pushback. XRP’s history with U.S. regulators still reflects on its public narrative. Ripple’s legal battles with the SEC, despite the recent developments , remain a talking point. Many executives prefer not to entangle their projects in those debates. Additionally, XRP’s established position in cross-border payments gives it a competitive edge in a specific niche. Acknowledging its potential or adoption could inadvertently lend credibility to a rival’s technology — a move competitors naturally try to avoid. For projects like USD-1, which aim to dominate the stablecoin market under the U.S. GENIUS Act’s compliance framework, the safer strategy is to refocus the conversation on their own growth metrics and regulatory credentials. Framing the Narrative Around USD-1 As shared by Riz on X, the Fox Business appearance showed how World Liberty Financial positions itself: confident, regulation-friendly, and market-leading. Eric Trump and Zach Witkoff concentrated on painting USD-1 as both an investment opportunity and a symbol of financial modernization, while sidestepping detailed debates about competitors like XRP. This decision to shift away from direct comparisons highlights a key strategy in crypto communications: focus on your strengths, own your narrative, and avoid amplifying competitors. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Eric Trump Talking Crypto On Fox Business: They Won’t Answer the Question about XRP appeared first on Times Tabloid .

Now that Bitcoin has hit new all-time high, Ethereum is expected to follow suit

Ethereum (ETH) has undoubtedly been the most notable crypto asset in recent days, as its rally has pushed it past $4,700, approaching its highest level since 2021. Analysts say that the reason behind Ethereum's recent rise is the growing expectation that the Fed will make its first interest rate cut of the year in September. However, one analyst warned investors about the ETH rally. Swyftx chief analyst Pav Hundal warned that Ethereum investors are overly optimistic about US interest rate cuts, but that this optimism may already be priced in and could result in a decline. “The current Ethereum price surge is based on the assumption that the Fed will cut interest rates in September. If the Fed makes a decision contrary to market expectations, a significant correction could occur.” Capriole Investments founder Charles Edwards stated that he is quite optimistic about Ethereum. At this point, the analyst claimed that if Bitcoin reaches $150,000-200,000, the price of Ethereum could double in a few months. However, the analyst noted that if the FED turns the corner and does not cut interest rates contrary to expectations, liquidity could tighten, capital flows could stop and prices would be negatively affected. However, the analyst added that he expects the bull market to continue as long as institutional demand for Ethereum exceeds supply, and he sees no other option for ETH than a bullish rally. *This is not investment advice. Continue Reading: Ethereum (ETH) Is Close to Breaking a New Record, But Analysts Warn: "Don't Believe Too Much!"

Crypto exchange BTCC is stepping onto the sports stage, naming NBA All-Star and 2023 Defensive Player of the Year Jaren Jackson Jr. as its new global brand ambassador. Announced today, the deal marks BTCC’s first-ever sports sponsorship in its 14-year history and shows the company’s push to connect professional sports with the world of digital finance. The partnership will roll out through marketing campaigns, online events, and fan-focused initiatives designed to introduce cryptocurrency to a wider audience. Jaren Jackson Jr. isn’t just the Memphis Grizzlies’ defensive anchor, he’s also carved out a place in pop culture with his love for music and fashion. It’s that blend of on-court dominance and off-court personality that BTCC believes will help them reach people beyond the crypto crowd. “I’m very excited to join the BTCC family,” Jackson Jr. said in a statement. They’re not just another crypto brand, they’ve been in it for over a decade, and that kind of consistency means something to me. I’ve always believed in doing the work, staying disciplined, and thinking long-term, whether that’s on the basketball court or building your future. Partnering with a platform that shares that mindset is a natural step for me. Scoring big in Finance BTCC has been around since 2011, building a base of more than nine million users worldwide and earning a reputation for its spotless security record, regulatory compliance, and wide range of trading options from futures to copy trading. The company sees teaming up with a star like Jackson Jr. as a way to make cryptocurrency less intimidating for sports fans and spark more interest in the digital finance space. “Jaren brings authenticity, consistency, and a championship mindset, values that mirror what we’ve built at BTCC,” said Aaryn Ling, the company’s Head of Branding. “We’re not here for hype, we’re here for substance, and Jaren embodies that as both a sporting and cultural icon. We are excited for what lies ahead.” Where crypto meets courtside BTCC is kicking off the partnership with a global trading competition, where prizes will include signed gear from Jackson Jr. and a hefty prize pool. Fans will also get access to exclusive behind-the-scenes content and virtual events that bring them face-to-face with the NBA star. It’s part of a growing wave of crypto platforms leaning on sports sponsorships to boost recognition and trust. But instead of splashing its name on jerseys or stadiums, BTCC is taking a more personal route, tying its brand to the values and personality of one standout athlete. With the NBA season just weeks away, all eyes will be on how this partnership plays out, both in Jackson Jr.’s game and in BTCC’s push into the sports world. For the exchange, it’s less about hype and more about showing how the mindset that drives success on the court like discipline, strategy, and patience can also guide smart moves in the world of crypto. The post BTCC teams up with NBA all-star Jaren Jackson Jr. to bridge sports and crypto appeared first on Invezz

STHs hold steady, derivatives run hot - What’s next for Ethereum?

After an incredible rally that has put Ethereum on the path to possible new all-time highs, the altcoin is now facing something that could hinder its newfound path. This comes down to a CME gap that had formed on its way up, and historically, CME gaps tend to be filled before there is a bullish continuation. In this case, the CME gap is sitting almost 15% below its current price, and could mean that ETH is in for a crash. The CME Gap Waiting At $4,080 A crypto analyst has pointed out that the Ethereum price could be facing heavy resistance after rallying to levels not seen since 2021. There is also the formation of a CME gap that threatens to drag the price back down before the bullish rally can continue. Related Reading: Analyst Says What Happened With Bitcoin Is About To Happen With XRP The first of these is the resistance that is currently forming at around the $4,868 zone. This is the previous all-time high levels, so naturally, bears are beginning to mount pressure at this point that could ultimately lead to a price rejection. There is also a potential reversal zone skirting around the $4,680 area as well. The CME Gap is sitting very low at the $4,185-$4,080, suggesting that the price could retrace to this level to close the gap. If this happens, then late long positions could be trapped as the correction plays out, before reversing toward its all-time high levels once more. Interestingly, the analyst also points out the fact that the Ethereum price seems to be playing out the Elliot Wave Theory. According to the analysis, Ethereum is actually playing out a microwave 5 in the meantime. What this suggests is that the current uptrend is only the start, and that the main Wave 5 is yet to begin. Related Reading: 4-Year Cycle Says Dogecoin Price Will Reach $1, Here’s Why Using the Elliot Wave Theory, Wave 5 is expected to be the final wave before the bear market. However, it is a major wave that has historically led to new all-time highs. If the bullish momentum does continue, then Ethereum could end up crossing the $5,000 level in quick succession. There is also the possibility of a deeper correction if bulls fail to maintain control above $4,000. The analyst points out that another CME gap is left to be filled as low as $3,417-$3,461. But if the price is able to cross toward $4,800, this would be invalidated. Featured image from Dall.E, chart from TradingView.com