$XRP recently completed a powerful 3rd wave move, with bullish momentum pushing it toward key resistance zones. Now, analysts are observing signs that the asset has entered the 4th wave:
Decreased volume on upswings
Bearish divergence on RSI and MACD indicators
Sideways or slightly downward price action
This correction phase is expected to retest support levels, potentially offering buying opportunities for long-term investors.
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⚠️ Key Support Levels to Watch
During the 4th wave, traders should keep an eye on these crucial price zones:
$0.55 – $0.58: Previous resistance that may now act as support
$0.50 psychological level: A strong floor if correction deepens
Fib retracement levels (38.2% to 50%): Often respected in wave 4 pullbacks
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🧠 What Should Traders and Investors Do?
1. Don’t panic — Corrections are natural and often necessary for sustainable growth.
2. Watch for consolidation near key supports before any major breakout.
3. Use this phase to accumulate if you believe in XRP’s long-term potential.
In a shocking turn of events, the iconic statue of Satoshi Nakamoto, the mysterious creator of Bitcoin, has reportedly been stolen from its location in Lugano, Switzerland — a city known for its growing adoption of cryptocurrency and blockchain technology. Statue Missing Overnight The statue, part of Lugano’s public display celebrating digital innovation and decentralization, vanished sometime overnight. Authorities confirmed early this morning that the sculpture was no longer in its designated spot, sparking immediate investigations and speculation across the crypto community.
Symbol of Crypto Freedom
Installed as a tribute to the pseudonymous Bitcoin creator, the Satoshi Nakamoto statue had become a symbol of freedom, decentralization, and the spirit of financial sovereignty. Its theft is not just a loss of artwork but a symbolic blow to the global cryptocurrency movement.
Police Investigation Underway
Local police have launched a formal investigation and are currently reviewing surveillance footage and collecting witness testimonies. As of now, no suspects have been named, and no groups have claimed responsibility.
Indonesia to Raise Crypto Tax Rates: A Move to Strengthen Oversight and Increase Revenue
August 3, 2025
Indonesia is set to raise tax rates on cryptocurrency transactions in a significant regulatory shift aimed at tightening control over digital asset activities and increasing state revenue.
The move reflects the government’s growing concern over the rapid expansion of the crypto market, which has seen a surge in trading volume and investor participation over recent years. Officials stated that the tax hike is part of a broader effort to regulate the sector more effectively and ensure fair taxation on digital wealth.
Under the proposed changes, both buyers and sellers of cryptocurrencies may face higher value-added tax (VAT) and income tax on transactions. The exact figures and implementation date have yet to be confirmed, but the announcement has already drawn attention from both domestic and international investors.
While some industry participants fear that higher taxes may discourage innovation and drive trading underground, government officials argue that the changes will bring greater transparency and help integrate digital assets into the formal economy.
Experts believe that Indonesia’s move could influence other Southeast Asian countries to reconsider their own crypto tax policies, potentially leading to more harmonized regulation across t he region.
"Bitcoin as Encrypted Energy: Decoding Michael Saylor’s Cyber Hornet Analogy"
Michael Saylor's famous metaphor describing Bitcoin as a "swarm of cyber hornets" — a poetic yet powerful way to understand the decentralized strength and encrypted resilience of the Bitcoin network. Dive into how each mined block enhances the system’s intelligence and security, making it not just digital money, but a revolutionary encrypted energy movement.
#ETFs UK Retail Investors to Access Crypto ETNs Under New FCA Regulations
🔓 Big Shift in UK Crypto Policy The UK's Financial Conduct Authority (FCA) has lifted the ban on retail investors accessing crypto-based exchange-traded notes (ETNs) — a move signaling growing regulatory maturity and mainstream acceptance of crypto assets.
💼 What This Means:
Retail investors in the UK can now trade ETNs backed by cryptocurrencies like Bitcoin and Ethereum.
ETNs offer regulated exposure to crypto without the need to hold the assets directly.
Only ETNs listed on recognized exchanges like the London Stock Exchange (LSE) will be permitted.
FCA still emphasizes high-risk warnings and education for investors.
📈 Impact on Market:
Increased institutional and retail inflow into crypto.
May boost crypto legitimacy and price stability in the UK market.
Paves the way for crypto ETFs in the future.
🧠 Investor Takeaway: If you're in the UK, this opens a safer, regulated route to crypto exposure — ideal for long-term portfolios with managed risk.
$BTC #TrumpTariffs Crypto markets experienced a massive dump today, with major coins like Bitcoin and Ethereum seeing sharp declines. Panic selling, liquidations, and negative news triggered a widespread sell-off across the board."
Impact of Trump’s Tariff Policies on the Crypto Marke #TrumpTariffs $BTC $BNB
As Donald Trump signals a return to aggressive tariff policies in his potential second term, the global financial markets—especially cryptocurrencies—could face notable consequences. Here's how:Risk-Off Sentiment in Traditional Markets: Increased tariffs may spark economic uncertainty, prompting investors to pull money from stocks and fiat-based assets. Some may seek refuge in Bitcoin and stablecoins.
(1). US Dollar Volatility: Tariffs can weaken the USD in the global market, potentially increasing demand for decentralized assets like crypto as an alternative store of value.
(2) China & Emerging Markets' Reaction: If Trump targets Chinese goods again, China could retaliate with measures including boosting its digital yuan program, accelerating de-dollarization trends and indirectly pushing crypto adoption.
(3) Inflation Concerns: Tariffs often lead to higher consumer prices. Inflation fears might encourage people to consider deflationary assets like Bitcoin.
(4) Mining & Tech Impact: If tariffs affect semiconductor imports or energy markets, mining costs and hardware access could become volatile, influencing Bitcoin mining dynamics.
Between August 1st and 3rd, the crypto market witnessed a sudden and sharp crash, wiping billions of dollars from the global market cap. Several factors contributed to this decline
(1) Whale Dumping: On-chain data revealed that large holders (whales) sold significant amounts of BTC and ETH, possibly to take profits or reduce exposure due to rising uncertainty.
(2)U.S. Economic Data: The release of strong U.S. job data increased fears of another interest rate hike by the Federal Reserve. Higher interest rates typically hurt risk assets like cryptocurrencies.
(3) Liquidations Cascade: As prices fell, overleveraged positions across exchanges got liquidated in large numbers, causing a domino effect and accelerating the price crash.