XRP Profit-Taking From 300% Green Whales Has Paused—But For How Long?

The US Treasury Secretary is betting big on stablecoins, predicting they could grow 15 times their current size—and hinting that Bitcoin might ride the wave next. This comes hot on the heels of the Senate passing the GENIUS Act, which sets the first-ever federal rules for stablecoins, a huge step for crypto regulation. The government’s sudden embrace of digital assets could signal a turning point, especially for Bitcoin, which might be gearing up for a "super cycle" if the momentum holds.

Editor’s Note: Stablecoins—those crypto tokens pegged to stable assets like the dollar—are about to get a lot more legit, thanks to new federal rules. And if the Treasury Secretary’s optimism pans out, this could be the start of a much bigger crypto boom. For everyday investors, it’s a sign that Washington is finally taking digital assets seriously, which might mean fewer wild swings and more mainstream adoption. But keep an eye on Bitcoin—if stablecoins take off, it could be next in line for a major rally.

Bitcoin took a nosedive from $106,000 to $102,000 in a single day, triggering panic selling. Analyst Colin warns things could get worse—if BTC drops to $92,800, it might signal deeper trouble or a buying opportunity, depending on how the market reacts. He’s eyeing $100,800 as the next critical support level to watch.

Editor’s Note: Bitcoin’s wild swings aren’t just trader drama—they’re a pulse check for the entire crypto market. A drop below $100K could spook investors further or lure bargain hunters, shaping the next big move. For anyone with skin in the game (or just watching from the sidelines), this volatility is a reminder that crypto’s rollercoaster isn’t slowing down.

The NFT market took a hit this week, with sales plummeting nearly 18% to just under $117 million—a stark contrast to last week's stronger numbers. Interestingly, Polygon outpaced Ethereum in this cooling market, while Bitcoin's price also took a dip, falling to $103,000.

Editor’s Note: This drop signals more turbulence in the crypto and NFT space, which has been on a rollercoaster lately. While Polygon's outperformance is a bright spot, the overall decline suggests investors might be pulling back or shifting strategies. If you're into digital collectibles or crypto, this is a heads-up that the market's still shaky.

Bitcoin's price took a dip after failing to break past a key resistance level, but what's really catching attention is the growing concentration of ownership—just 216 big players now hold nearly a third of all Bitcoin. While the market battles over price swings, this shift hints at a deeper trend: institutions and whales are tightening their grip on the crypto.

Editor’s Note: Forget the daily ups and downs for a second—this story matters because it shows Bitcoin isn’t just a wild west of retail traders anymore. With a handful of entities controlling so much supply, the market’s future could hinge on decisions made by a few powerful hands. Whether that’s good (stability?) or bad (centralization?) depends on who you ask, but it’s undeniably a new chapter for crypto.

XRP's price is stuck in a holding pattern, neither making big moves up nor down, while trading activity slows down. Think of it like a car idling at a stoplight with the engine barely running—no real momentum in either direction.

Editor’s Note: For XRP traders, this isn’t necessarily bad news, but it’s not exciting either. Low volume and consolidation often mean the market is waiting for a catalyst—maybe a regulatory decision or a broader crypto trend—to shake things loose. If you're holding XRP, you’re probably just watching and waiting for now.