NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Japanese Bank Head Endorse Ripple (XRP) says Bitcoin (BTC) Has no Value

Dalmas Ngetich
Dalmas Ngetich
1 year ago
2 mins read
Altcoins Technical Analysis

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

 

  • Ripple price trajectory is up
  • Yoshitaka Kitao endorses Ripple (XRP)
  • Transactional volumes on the rise

 

SBI Holdings and Yoshitaka Kitao are Ripple (XRP) proponents and believe the coin will somehow revolutionize cryptocurrency. Anyhow, with the launch of SBIVC expected in weeks, our previous XRP/USD trade plans will be validated.

Ripple (XRP) Price Analysis

Fundamentals

Sometimes, the head of SBI Holdings Yoshitaka Kitao may appear over-optimistic about Ripple and XRP abilities to revolutionize crypto. SBI Holdings anchors and is the nucleus of Ripple activities in Asia. As the majority holder of SBI-Ripple Asia alliance, they have been promoting adoption in the crypto-active region.

March is when the SBIVC exchange will launch and with XRP paired against the Japanese Yen, we expect an immediate effect on price. However, the real impact is projected to be in August when adoption will be center stage, and there will be regulatory clarity on the status of XRP as a token.

Add this to SBI Holdings plans of supporting Ripple Inc and aid in their ambition of driving the coin to new heights. Bullish signals are flashing. Here is what Yoshitaka Kitao said:

“Under these circumstances, we will promote efforts to expand the practical use of virtual currency like XRP more and more. Also, on the other side, we will provide investment instruments incorporating virtual currency into institutional investors.”

He continues, adding that BTC is expensive and XRP is designed for global cross border payments because it is cheap and settlement is almost instantaneous:

“There is basically no value for Bitcoin. The current price of Bitcoin makes it harder and harder to use in practical ways. So I think that XRP will probably become the number one crypto asset. We are aiming to make that happen.”

Candlestick Arrangements

Ripple

The path to a possible BTC–XRP flip is long if not next to impossible. At current valuations, XRP is more than 4.5 times more valuable than BTC, and if Kitao comments are valid, then XRP is grossly undervalued.

The third most valuable coin is now changing hands at 33 cents and up 7.1 percent in the last week. While BTC and ETH are posting huge gains from last week’s close, XRP is struggling against bears and consolidating in lower time frames.

Because of this, our XRP/USD trade conditions are not yet true and risk-off traders ought to hold off from executing longs despite high-volume bull bars trending below 34 cents. It is only after a full bar close above 34 cents is when traders can load up on dips with first targets at 40 cents and later 60 cents.

Technical Indicators

Encouragingly, transactional volumes are increasing, and XRP is expanding as a result. In the last few days, averages have risen from 15 million of Jan 29 to 22 million posted yesterday. However, as aforementioned, we need strong market participation driving prices above 34 cents with volumes above 52 million or 83 million of those of Jan 10.

Tweet123Share196ShareSend
Dalmas Ngetich
Dalmas Ngetich

Dalmas Ngetich

Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape.

Read more

His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke key news, including the Ripple and MoneyGram partnership, cementing his position as a thought leader in crypto.
The news exploded. Over 100,000 people devoured this meticulously crafted report, from seasoned investors to curious newcomers. His analysis wasn't just dry facts and figures; it crackled with insight, dissecting the implications of the partnership and its potential impact on the future of finance.

His deep understanding of the financial markets, technological advancements, and blockchain developments has made him a respected voice in the industry.

Dalmas is also the founder of BTC-Pulse, a crypto news site, further demonstrating his commitment to the field. He firmly believes that DeFi and NFTs are here to stay and will continue to drive financial inclusion.

Coming from Nairobi, Kenya, it is easy to see the source of his inspiration: Across Africa, millions lack access to traditional banks. Remote villages, limited documentation, and high minimum balances create insurmountable barriers.

DeFi, not just Maker or Aave, for example, but think of Bitcoin and USDT, cuts out the middleman. Forget banks with their limitations.
Even so, DeFi isn't a magic solution. The continent still struggles with reliable internet access, and educational campaigns highlighting the benefits of this wonderful solution are insufficient. Moreover, even for those interested, understanding DeFi can look like learning a new language.

Dalmas is here to help make the tech easy to understand and digestible, even for beginners.
The story of DeFi in Africa is still being written. Challenges abound, but the promise of a more inclusive financial future is a powerful motivator. With innovation and collaboration, Dalmas firmly believes that DeFi could become the key to unlocking Africa's full economic potential.
This possibility and its immense value motivate Dalmas to continue breaking key DeFi innovations and more across the globe. His engineering background further enhances his ability to deliver well-thought-out pieces that blend technical insight with clear, impactful reporting.

Beyond his professional achievements, Dalmas is deeply passionate about technology and politics. Policies drive adoption, and being at the forefront and keeping up with how they evolve is crucial for the sphere to mature.

When Dalmas is not closely monitoring the latest crypto events, he can be found in nature, exploring the picturesque countryside, and traveling with his family and friends. His love for adventure and discovery perfectly complements his investigative and reporting skills.
You can connect with Dalmas on X: @Dalmas_Ngetich, or contact him on Telegram @Dalmas_Ngetich.

Close

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

SHIBA INU

Shiba Inu burn rate stijgt met 2080% – de beste meme coin om nu te kopen?

De koers van Shiba Inu wist in de afgelopen drie weken met ruim 40% toe te nemen. Crypto-analisten verwachten dat...

Lars Diederiksen 2 hours ago
krypto więzienie

Dwa lub więcej lat więzienia za nieautoryzowany handel krypto w tym europejskim kraju

W dzisiejszym świecie handel kryptowalutami to coraz bardziej aktualny temat. Nic więc dziwnego, że kraje na całym świecie wprowadzają coraz...

newsbtc 2 hours ago
Dogecoin price news

Dogecoin Poised For A Monster Rally Amid Brewing Altcoin Season

In livestream that stretched beyond the hour‑mark, technical analyst Kevin (Kev Capital TA) laid out the most compelling bullish case for Dogecoin...

Jake Simmons 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum

Ethereum Shines Bright As Bank Of America Begins Digital Asset Tracking

Christian Encila 30 minutes ago
Snorter

Kateri Telegram bot bi lahko bil naslednja kriptovaluta s 100x donosom?

tanjapotocnik 37 minutes ago
meme coins

Meme coins καταγράφουν νέα κέρδη καθώς το Bitcoin ξεπερνά τα 122.000 δολάρια

Ιωάννης Ριζόπουλος 1 hour ago

Premium Sponsors

Press Releases

  • ミームコインの価格急騰が続く中、注目の仮想通貨プレセールが50万ドルを突破し、次の100倍コインになる可能性がある。

    ...

    32 minutes ago
  • 仮想通貨おすすめ|ビットコイン強気派の一休み中に買うべき銘柄

    ...

    44 minutes ago
  • 2025年注目の新しい仮想通貨|Solana発 次世代ミームコインが投資家の期待を集める

    2025年注目の新しい仮想通貨|Solana発...

    1 hour ago
  • 2025年7月第2週にクジラが購入した注目のアルトコイン

    ...

    1 hour ago
  • 仮想通貨おすすめ|1ドル以下の3銘柄が2027年までに200ドルの投資を200万円に変える可能性

    ...

    2 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.