Regulatory Clarity and Institutional Demand Reshape XRP’s Long-Term Outlook XRP is once again at the center of bullish long-term projections, with renewed forecasts pointing to a potential move toward $8 by the end of 2026. While short-term price action remains constrained, broader structural developments are reshaping expectations around the token’s future trajectory. XRP has been trading steadily near the $1.85–$1.87 range, showing resilience even as broader crypto markets remain mixed. Stable pricing alongside rising trading volume suggests strategic positioning rather than panic selling, as participants adjust exposure ahead of key catalysts. The $1.85 level has emerged as critical support, with…
Author: Bitxjournal Team
Labor Market Shows Continued Resilience Amid Strong Hiring Trends The U.S. labor market continues to demonstrate strength as weekly unemployment claims dropped to 199,000, well below the forecast of 219,000 and lower than the previous week’s 214,000 claims. The data highlights ongoing resilience in the job market despitee broader economic uncertainty. Analysis of Unemployment Claims The decline in claims indicates thaat layoffs remain subdued and companies are largely maintaining staff levels. At 199,000 claims, the figure suggests robust demand for labor and points to a stable employment environment. This also marks a consistent trend of claims remaining below the 220,000…
LIT Distribution Enters Top 10 Airdrops as Majority of Recipients Hold Tokens Decentralized exchange Lighter has completed one of the most significant token distributions in the crypto sector, with a $675 million airdrop of Lighter Infrastructure Tokens (LIT). The event places Lighter among the top 10 largest crypto airdrops by dollar value, drawing both attention and debate around its token structure. Details of the Lighter Airdrop Blockchain analytics data shows that early participants received approximately $675 million worth of LIT, while only a small portion of tokens were immediately withdrawn from the platform. This distribution surpasses several historic airdrops and…
Low Ethereum Gas Fees Signal Renewed Mainnet Activity Ethereum’s layer-1 network has reached a new milestone, processing 2.2 million transactions in a single day while maintaining an average transaction fee of just $0.17. This marks a significant shift from previous years, highlighting how network upgrades and validator support are reshaping Ethereum’s cost and scalability dynamics. Data from blockchain explorers shows that Ethereum’s transaction count continues to rise even as fees fall. Historically, Ethereum fees peaked in May 2022 at over $200 per transaction, driven by congestion and intense market activity. Since then, fees have steadily declined, including a notable drop…
GENIUS Act Debate Raises Concerns Over US Dollar Competitiveness in Digital Payments A senior executive at Coinbase has cautioned that potential changes to the US stablecoin regulatory framework could weaken the global standing of US dollar–backed stablecoins, at a time when China is accelerating the rollout of its digital yuan with new features designed to attract users and institutions. The warning centers on ongoing debate around the GENIUS Act, a law passed earlier this year that set compliance and reserve standards for stablecoin issuers. While the act prohibits issuers from paying direct interest, it allows platforms and third parties to…
Weak Year-End Crypto Performance Raises Questions About Market Reset Bitcoin and ether closed December without the traditional year-end “Santa rally”, ending the fourth quarter with sharp losses and highlighting ongoing fragility in the crypto market. As liquidity thinned and investor risk appetite weakened, the expected seasonal bounce failed to materialize, shifting attention to whether key support levels can hold into the new year. Market data shows bitcoin declined roughly 22% in December, marking its weakest December performance since 2018. Ether fared worse on a quarterly basis, finishing Q4 down more than 28%. Multiple attempts by bitcoin to reclaim critical price…
Rising NFT Minting Collides With Falling Buyer Spending The global NFT market moved in opposite directions in 2025, with total NFT supply expanding rapidly while sales volumes and prices declined sharply. Market data shows that creators continued to mint at scale, even as buyer demand weakened, reshaping NFTs into a high-volume, lower-value marketplace. NFT Supply Growth Outpaces Demand Total NFTs in circulation climbed to approximately 1.34 billion in 2025, up from one billion in 2024, representing a 25% year-over-year increase. This expansion is part of a longer trend. NFT supply grew from 38 million in 2021 to over 106 million…
Rising Demand for Decentralized Messaging as Uganda Prepares for 2026 Vote Uganda’s political landscape is seeing renewed concern over digital access as opposition leader Bobi Wine urges citizens to adopt Bitchat, a decentralized peer-to-peer messaging app, amid fears of a potential internet and social media blackout ahead of the January 15, 2026 presidential election. Wine has warned that the government may again restrict online communication, referencing past actions during the 2016 and 2021 elections, when nationwide internet shutdowns were enforced under claims of maintaining security. According to human rights groups, such measures disproportionately impact the political opposition by limiting their…
New Crypto Strategy ETFs Signal Expanding Institutional Product Demand Crypto asset manager Bitwise has filed applications for 11 new cryptocurrency exchange-traded funds, signaling an aggressive expansion of its product lineup as institutional interest in digital assets continues to grow. The filings reflect increasing demand for diversified crypto exposure beyond Bitcoin and Ethereum. Details of the New Crypto ETF Filings The proposed funds are structured as crypto strategy ETFs, designed to gain exposure both directly and indirectly to digital assets. According to regulatory filings, each ETF may allocate up to 60% of assets directly into a specific token, with the remaining…
Institutional Demand Rebounds as Crypto ETFs Close 2025 on Strong Note U.S. spot Bitcoin exchange-traded funds returned to positive territory, recording net inflows of $355 million in a single day, effectively ending a seven-day streak of outflows. The shift signals renewed confidence from institutional investors despite thinner liquidity during the year-end holiday period. Bitcoin ETF Inflows Signal Market Resilience Market data shows the inflows were spread across six major spot Bitcoin ETFs. The largest contribution came from BlackRock’s IBIT with $143.8 million, followed by Ark & 21Shares’ ARKB at $109.6 million. Fidelity’s FBTC added $78.6 million, while other funds also…