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Ripple Sparks XRP Surge—$7 Breakout Incoming? XRP’s long-term price outlook is mixed, with technical charts pointing to consolidation but fundamentals suggesting upside potential. Ripple’s bullish developments—including a $50M SEC settlement, stablecoin growth, and EVM sidechain plans—could fuel momentum toward a major rally. On the weekly chart, XRP faces resistance at $2.65 and support near $2. Indicators like RSI (neutral at 50) and MACD (bearish) suggest caution. A confirmed breakout could push XRP up by 25%. The daily chart reveals a short-term downtrend, with RSI at 40 and MACD flashing red. To reach $7, XRP would need to break into price discovery, targeting the 272.2% Fibonacci level from its previous cycle high. In derivatives markets, rising trade volume and a long/short ratio above 2 signal bullish expectations—despite $20M in long liquidations, hinting at near-term volatility. Ripple’s upcoming EVM sidechain, expected in Q2 2025, could drive adoption by bringing Ethereum smart contracts to XRPL. Meanwhile, talks of banking licenses and crypto-backed bonds add fuel to long-term optimism. Still, experts like VanEck’s Matthew Sigel caution that some corporate XRP buying plans may be hype-driven. As always, traders should stay alert amid both opportunity and risk. #Xrp🔥🔥 #XRPPredictions #xrp #Tradersleague $XRP

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Vietnam Passes Landmark Law to Regulate Crypto and Boost Digital Economy

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Bitcoin Boom Sparks Environmental Alarm: Scientists Call for Urgent Action Bitcoin mining — the process by which new bitcoins are created — consumes between 155 and 172 terawatt-hours of electricity each year, making up about 0.4% of global energy demand, according to Polytechnique Insights. This comes as Bitcoin recently surpassed the $100,000 mark for the first time. That energy use translates to around 96 million tonnes (105 million tons) of carbon dioxide annually — nearly a quarter of France’s yearly emissions. Mathematician Jean-Paul Delahaye describes Bitcoin’s blockchain protocol as inherently wasteful, requiring computers to perform the same calculations thousands of times to ensure security. However, bitcoin analyst and climate-tech investor Daniel Batten argues that mining’s high energy demands have spurred growth in renewable energy. While he acknowledges that energy used for mining could be redirected elsewhere, he points out that mining can help make new green energy projects financially viable by providing an immediate buyer. --- Why It Matters Bitcoin mining is also under scrutiny for its massive water use and land footprint. A 2024 study in Cell Reports Sustainability cited by Polytechnique Insights claims mining operations consume hundreds of billions of liters of water annually for cooling and occupy around 1,870 square kilometers of land. Batten disputes this study’s conclusions, arguing it doesn’t reflect the broader scientific consensus. The mining industry underwent a major shift in 2021, moving from China — which banned mining — to Kazakhstan and the U.S. Kazakhstan’s cheap coal power made it a temporary mining hub, but the strain on its electric grid led to miners being cut off by 2022. The move illustrated the industry's tendency to chase the cheapest, often dirtiest, power sources. As a result, the share of renewable energy powering Bitcoin mining dropped from 41.6% to 25.1%. #bitcoin #BitcoinDunyamiz #TrumpTariffs #MarketRebound #SaylorBTCPurchase $BTC

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