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Even Tom Lee has stated that the crypto treasury bubble may have already burst.
Bitcoin is consolidating around $107K, with key support at $106K and resistance near $112K. As momentum builds, traders expect volatility to return next week.
Quick Take Summary is AI generated, newsroom reviewed. XRP forms a large symmetrical triangle on the weekly chart. Price holds above the 100-week MA, showing bullish support. A breakout above $1.00 could target $2.75–$3.00. Ripple’s global partnerships boost real-world utility. Market cap could reach $168B at $3, placing XRP in top 5. Analysts advise confirmation through volume before entries. Bitcoin’s bull run strengthens the overall altcoin outlook.References X Post Reference
Quick Take 21Shares, Bitwise, and WisdomTree are making their UK Bitcoin and Ethereum ETPs available to retail investors. BlackRock also listed its Bitcoin ETP on the London Stock Exchange on Monday. The UK’s financial regulator officially lifted a four-year retail ban on crypto ETNs earlier this month.
Evernorth Holdings will merge with Armada Acquisition Corp II to build the world’s largest XRP treasury, backed by $1 billion in proceeds and strategic investors.