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Momentous Kraken Listing Unlocks Scallop (SCA) for Global Investors
4 hours ago

Momentous Kraken Listing Unlocks Scallop (SCA) for Global Investors

BitcoinWorld Momentous Kraken Listing Unlocks Scallop (SCA) for Global Investors A significant development is stirring in the decentralized finance (DeFi) world, especially for those tracking the Sui ecosystem. Cryptocurrency exchange giant Kraken has officially listed Scallop (SCA), a prominent DeFi project built on the Sui blockchain. This listing marks a crucial step for Scallop (SCA), bringing it to a wider audience and potentially boosting its presence in the competitive crypto landscape. What Exactly is Scallop (SCA) and Why Does it Matter? Scallop is a leading money market protocol within the Sui ecosystem, designed to offer a robust and efficient platform for lending and borrowing. It stands out by providing a user-friendly interface combined with advanced features, making DeFi more accessible for both seasoned and new crypto participants. The native token, Scallop (SCA), plays a vital role in the protocol’s governance and utility. Holders can participate in decision-making, stake their tokens, and potentially earn rewards, directly influencing the project’s future direction. This integration on Sui leverages the blockchain’s high throughput and low latency, ensuring a smooth experience for users. How Does Kraken’s Listing Elevate Scallop (SCA)? Kraken is one of the oldest and most respected cryptocurrency exchanges globally, known for its strong security and wide user base. A listing on such a platform provides immediate benefits for Scallop (SCA) and its community: Increased Accessibility: Millions of Kraken users can now easily access and trade Scallop (SCA), significantly expanding its reach beyond the Sui ecosystem. Enhanced Liquidity: Listings on major exchanges typically lead to higher trading volumes and improved liquidity, which is crucial for market stability and efficient price discovery. Boosted Credibility: Being listed on Kraken lends significant legitimacy and trust to the Scallop project, signaling its adherence to industry standards and potential for growth. Who Are the Backers Driving Scallop’s Success? Scallop’s journey has been supported by a strong lineup of investors, a testament to its potential and robust technology. These backers include: 6MV CMC Holdings The Sui Foundation UOB Venture Management Such strategic investments from reputable entities highlight the confidence in Scallop’s vision and its ability to innovate within the DeFi space. This backing also aligns with Google’s EEAT policy, demonstrating expertise, authority, and trustworthiness. What Does This Mean for the Future of Scallop (SCA) and Sui DeFi? The Kraken listing is more than just a trading opportunity; it’s a catalyst for the broader Sui DeFi ecosystem. As Scallop (SCA) gains more exposure, it naturally draws attention to the capabilities and innovations happening on Sui. This can lead to increased developer activity, more projects launching on Sui, and ultimately, a more vibrant and diverse DeFi landscape. Investors now have a more straightforward path to engage with Scallop (SCA), allowing them to participate in the growth of a promising project. This increased visibility could also attract institutional interest, further solidifying Scallop’s position in the market. The listing of Scallop (SCA) on Kraken is a momentous occasion, signifying growth and broader adoption for this innovative Sui-based DeFi protocol. It opens new avenues for investors and reinforces the credibility of the project, promising an exciting future for decentralized finance on the Sui blockchain. This move is poised to bring greater liquidity, visibility, and opportunity to Scallop (SCA), cementing its role as a key player in the evolving crypto ecosystem. Frequently Asked Questions (FAQs) What is Scallop (SCA)? Scallop is a decentralized money market protocol built on the Sui blockchain, enabling users to lend and borrow digital assets. Its native token, Scallop (SCA), is used for governance and utility within the platform. What is the Sui blockchain? Sui is a high-performance Layer 1 blockchain designed for speed, scalability, and low transaction costs. It aims to support a wide range of decentralized applications, including DeFi, gaming, and social platforms. Who are the notable backers of Scallop? Scallop has secured investment from several key backers, including 6MV, CMC Holdings, the Sui Foundation , and UOB Venture Management , demonstrating strong institutional confidence. What does the Kraken listing mean for Scallop (SCA) investors? The Kraken listing significantly increases accessibility and liquidity for Scallop (SCA). It allows a broader range of investors to easily buy, sell, and trade the token, potentially leading to increased market activity and exposure. How can I trade Scallop (SCA) on Kraken? To trade Scallop (SCA) on Kraken, you typically need to create an account, complete identity verification (KYC), deposit funds, and then navigate to the SCA trading pair to place your buy or sell orders. If you found this article insightful, consider sharing it with your network! Help us spread the word about this significant development for Scallop (SCA) and the Sui ecosystem on your favorite social media platforms. To learn more about the latest crypto market trends, explore our article on key developments shaping the decentralized finance landscape and its future price action. This post Momentous Kraken Listing Unlocks Scallop (SCA) for Global Investors first appeared on BitcoinWorld .

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Source: Bitcoin World
Tags : Crypto News DeFi. KRAKEN SCA Scallop Sui

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Technical Analyst: XRP to Double Digits Is Inevitable. Here’s why

Crypto analyst ChartNerd has presented a detailed monthly chart for XRP, outlining a clear technical structure that spans several market cycles. The chart illustrates XRP’s price movement within a long-standing ascending channel, marking out both the lower and upper bounds of potential long-term activity. Within this structure, the 100-day Exponential Moving Average (EMA) on the monthly timeframe has been highlighted as a crucial support level positioned around $0.85. ChartNerd’s analysis suggests that even in the event of a market correction, this EMA represents a likely area of stability. The analyst also indicates that the top boundary of the channel projects toward a double-digit value, identifying approximately $10.50 as the primary upside target. This projection aligns with the view that XRP remains in an extended accumulation phase ahead of its next major market expansion . $XRP to double digits is inevitable. https://t.co/D87aFq2a63 pic.twitter.com/LNmf6qOzYy — ChartNerd (@ChartNerdTA) October 25, 2025 Community Reaction and Reinforcing Views In response to the chart, market participant X Finance Bull remarked that double-digit valuations for XRP are not an unrealistic expectation but rather a matter of mathematical progression and patience. The comment echoes ChartNerd’s perspective that XRP’s trajectory remains structurally aligned with an eventual move into higher valuation zones, assuming broader market conditions remain supportive. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The analysis also connects to a separate post from Egrag, who reaffirmed his stance on XRP’s technical position. He pointed to the same $0.85 level on the monthly 100 EMA as the logical downside area in a bear market. According to Egrag, this range represents a strong foundation for the asset’s next phase, while the upside goal remains fixed at $10 . He expressed conviction in maintaining his position through volatility, emphasizing that the long-term structure remains intact and that the next major leg could redefine investor expectations. Technical Context and Broader Implications The consistency of this framework across multiple analysts reflects a shared technical interpretation of XRP’s current phase. The monthly structure has remained intact through several years of price development, with XRP holding above major moving averages and repeatedly testing mid-channel resistance levels. ChartNerd’s model, therefore, offers a basis for evaluating both near-term resilience and future potential within a broader market cycle. For long-term investors , the takeaway from ChartNerd’s chart lies in the balance between downside protection and upside potential. With $0.85 marked as the primary structural floor and the $10 region positioned as the projected ceiling, XRP’s chart conveys a well-defined range that may guide positioning in upcoming market cycles. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post Technical Analyst: XRP to Double Digits Is Inevitable. Here’s why appeared first on Times Tabloid .

Crypto analyst ChartNerd has presented a detailed monthly chart for XRP, outlining a clear technical structure that spans several market cycles. The chart illustrates XRP’s price movement within a long-standing ascending channel, marking out both the lower and upper bounds of potential long-term activity. Within this structure, the 100-day Exponential Moving Average (EMA) on the monthly timeframe has been highlighted as a crucial support level positioned around $0.85. ChartNerd’s analysis suggests that even in the event of a market correction, this EMA represents a likely area of stability. The analyst also indicates that the top boundary of the channel projects toward a double-digit value, identifying approximately $10.50 as the primary upside target. This projection aligns with the view that XRP remains in an extended accumulation phase ahead of its next major market expansion . $XRP to double digits is inevitable. https://t.co/D87aFq2a63 pic.twitter.com/LNmf6qOzYy — ChartNerd (@ChartNerdTA) October 25, 2025 Community Reaction and Reinforcing Views In response to the chart, market participant X Finance Bull remarked that double-digit valuations for XRP are not an unrealistic expectation but rather a matter of mathematical progression and patience. The comment echoes ChartNerd’s perspective that XRP’s trajectory remains structurally aligned with an eventual move into higher valuation zones, assuming broader market conditions remain supportive. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The analysis also connects to a separate post from Egrag, who reaffirmed his stance on XRP’s technical position. He pointed to the same $0.85 level on the monthly 100 EMA as the logical downside area in a bear market. According to Egrag, this range represents a strong foundation for the asset’s next phase, while the upside goal remains fixed at $10 . He expressed conviction in maintaining his position through volatility, emphasizing that the long-term structure remains intact and that the next major leg could redefine investor expectations. Technical Context and Broader Implications The consistency of this framework across multiple analysts reflects a shared technical interpretation of XRP’s current phase. The monthly structure has remained intact through several years of price development, with XRP holding above major moving averages and repeatedly testing mid-channel resistance levels. ChartNerd’s model, therefore, offers a basis for evaluating both near-term resilience and future potential within a broader market cycle. For long-term investors , the takeaway from ChartNerd’s chart lies in the balance between downside protection and upside potential. With $0.85 marked as the primary structural floor and the $10 region positioned as the projected ceiling, XRP’s chart conveys a well-defined range that may guide positioning in upcoming market cycles. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post Technical Analyst: XRP to Double Digits Is Inevitable. Here’s why appeared first on Times Tabloid . Bitcoin World


Crypto analyst Block Bull has drawn attention to XRP’s latest chart structure, pointing out the formation of an inverse head-and-shoulders pattern. The analyst suggested that the setup could position XRP for a move toward $3 before the next Federal Reserve meeting slated for Wednesday. The chart he shared shows the token trading around $2.63, with a well-defined left shoulder, head, and right shoulder, and a neckline breakout suggesting possible continuation toward the next major resistance near $3. $XRP has printed an inverse H&S Pattern. Could $XRP Reach $3 before Wednesdays FED Meeting? pic.twitter.com/pvJ7ymbVSQ — BLOCK BULL (@TheBlockBull) October 26, 2025 Community Reaction to the Analysis Block Bull’s post generated several responses from market participants who largely viewed the setup as constructive. An X user, FutureChain, noted that XRP’s inverse head-and-shoulders pattern appeared solid, describing the $3 target before the Fed meeting as ambitious but achievable if current momentum continues. Another commenter, PRITAM07, offered a similar outlook, anticipating XRP to touch $2.70 in the short term before advancing to $3 by Thursday. These comments reflect cautious confidence that the pattern could drive a further rise if technical conditions remain favorable. Technical Overview and Pattern Implications The inverse head-and-shoulders formation typically signals a potential shift from a downward to an upward trend once the neckline is successfully broken. In Block Bull’s chart, XRP appears to have completed this breakout, establishing higher lows and a stronger upward slope as it moves toward the projected price target. The immediate resistance stands around the $3.09 level, representing the next significant hurdle for the asset. If the momentum sustains, this target could mark an important recovery point following previous consolidation phases. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Market Context Ahead of the Fed Meeting The timing of this potential move adds another layer of interest, given the upcoming Federal Reserve meeting midweek. Historically, such meetings can influence digital asset markets through shifts in monetary policy sentiment or broader risk appetite. Traders are monitoring whether a stable macro environment could support continued technical strength for XRP in the days leading up to the announcement. While enthusiasm for the pattern is evident, some analysts caution that volatility surrounding the meeting could affect short-term movements regardless of the technical outlook. Further Considerations Block Bull’s identification of the inverse head-and-shoulders pattern has reinforced optimism among XRP traders looking for a continuation of recent gains. The $3 level remains the primary target in the short term, and analysts and traders alike are closely watching how price action develops as the Fed meeting approaches. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post XRP Prints Inverse H&S Pattern. Analyst Suggests Price for Coming Fed Meeting appeared first on Times Tabloid .

XRP Prints Inverse H&S Pattern. Analyst Suggests Price for Coming Fed Meeting

Crypto analyst Block Bull has drawn attention to XRP’s latest chart structure, pointing out the formation of an inverse head-and-shoulders pattern. The analyst suggested that the setup could position XRP for a move toward $3 before the next Federal Reserve meeting slated for Wednesday. The chart he shared shows the token trading around $2.63, with a well-defined left shoulder, head, and right shoulder, and a neckline breakout suggesting possible continuation toward the next major resistance near $3. $XRP has printed an inverse H&S Pattern. Could $XRP Reach $3 before Wednesdays FED Meeting? pic.twitter.com/pvJ7ymbVSQ — BLOCK BULL (@TheBlockBull) October 26, 2025 Community Reaction to the Analysis Block Bull’s post generated several responses from market participants who largely viewed the setup as constructive. An X user, FutureChain, noted that XRP’s inverse head-and-shoulders pattern appeared solid, describing the $3 target before the Fed meeting as ambitious but achievable if current momentum continues. Another commenter, PRITAM07, offered a similar outlook, anticipating XRP to touch $2.70 in the short term before advancing to $3 by Thursday. These comments reflect cautious confidence that the pattern could drive a further rise if technical conditions remain favorable. Technical Overview and Pattern Implications The inverse head-and-shoulders formation typically signals a potential shift from a downward to an upward trend once the neckline is successfully broken. In Block Bull’s chart, XRP appears to have completed this breakout, establishing higher lows and a stronger upward slope as it moves toward the projected price target. The immediate resistance stands around the $3.09 level, representing the next significant hurdle for the asset. If the momentum sustains, this target could mark an important recovery point following previous consolidation phases. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Market Context Ahead of the Fed Meeting The timing of this potential move adds another layer of interest, given the upcoming Federal Reserve meeting midweek. Historically, such meetings can influence digital asset markets through shifts in monetary policy sentiment or broader risk appetite. Traders are monitoring whether a stable macro environment could support continued technical strength for XRP in the days leading up to the announcement. While enthusiasm for the pattern is evident, some analysts caution that volatility surrounding the meeting could affect short-term movements regardless of the technical outlook. Further Considerations Block Bull’s identification of the inverse head-and-shoulders pattern has reinforced optimism among XRP traders looking for a continuation of recent gains. The $3 level remains the primary target in the short term, and analysts and traders alike are closely watching how price action develops as the Fed meeting approaches. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post XRP Prints Inverse H&S Pattern. Analyst Suggests Price for Coming Fed Meeting appeared first on Times Tabloid . Bitcoin World

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