Category: Crypto market

OPEC+ Delegates Expect to Ratify Q1 Output Pause Through March

Posted on by Olumide Adesina

Delegates stated that OPEC+ is nearing approval of plans to halt production increases in March. Key members led by Saudi Arabia and Russia decided in November to halt a rapid revival of output during the first quarter.

OPEC+ continues to put arbitrary Oil prices

Three delegates stated on Sunday that they anticipate the alliance will confirm the pause for March, reiterating their opinions from last week. The alliance has reiterated the policy at monthly meetings. They also stated that they don’t anticipate plans after the first quarter. Even though the possibility of US action against OPEC member Iran is driving up oil prices, the Organization of the Petroleum Exporting Countries and its allies are continuing on their current course.

Brent futures reached a four-month high of $71.89 per barrel last week following US President Donald Trump’s warning to Tehran to reach a nuclear agreement or risk military action

OPEC+ and its allies often respond cautiously when geopolitical risks rise, typically waiting for changes in actual supplies before acting. Eight OPEC+ nations swiftly boosted production last year in what appeared to be an effort to reclaim their market share worldwide.

They made the decision to stop making more increases in the first quarter. The decision was partially validated by events. Even though many analysts still anticipate a large supply glut, prices have been supported by unrest in Iran and disruptions in Kazakhstan, another alliance member.

Gold Plunges Most in 40+ Years, Silver Records Historic Intraday Crash in Brutal Reversal

Posted on by Olumide Adesina

Silver recorded a record intraday decline, and gold experienced its largest decline in forty years in a sharp reversal of the surge that drove prices to all-time highs. Gold experienced its largest intraday decline since the early 1980s, falling more than 12 percent to fall below $5,000 per ounce.

 

Silver fell as much as 36% as the selloff swept through the larger metals markets, a record intraday decline. In London, copper dropped 3.4 percent from its all-time high on Thursday.

A sell-off of commodity currencies, such as the Swedish krona and the Australian dollar, helped the dollar soar. Over the past year, investor demand for precious metals has reached record highs, shocking seasoned traders and causing extraordinary price volatility.

This picked up speed in January as investors flocked to the traditional safe havens amid worries about currency depreciation, the Federal Reserve’s independence, trade disputes, and geopolitical unrest.

The selloff on Friday, which surpassed the October decline, is the biggest shock to the rally. The dollar’s recovery following reports that the Trump administration was getting ready to nominate Kevin Warsh for Fed chair—a move that was subsequently confirmed—was what set it off.

Investors who had been hoarding metals after the US president indicated it would allow the currency weaken earlier were disheartened by the greenback’s surge.

Warsh is seen as the most formidable opponent of inflation among the finalists, which raises expectations of a monetary policy that would support the dollar and devalue bullion priced in US dollars. According to Aakash Doshi, global head of gold and metals strategy at State Street Investment Management, “Trump’s announcement of Warsh as his choice for the next Fed Chair has been a US dollar positive and precious metals negative.

 

Ripple: XRP Slides Below $1.55 Amid Market Pressure: More Losses on the Horizon?

Posted on by Olumide Adesina

XRP is currently trading below $1.66 after a notable decline.   XRP is between $1.60 and $1.65, down about 11% over the past day.

Details on the Recent Movement. 24-hour range: Low ~$1.55, high ~$1.75 after a wider decline from recent highs around $1.90–$2.00 earlier in the month.

Recent performance: Much of January’s earlier gains have been erased, down about 6% in the last 24 hours and about 8% over the last week. Market context: This aligns with wider crypto market pressure (e.g.). g. macro factors like tariff tensions and geopolitical risks (e.g., Bitcoin declining toward $87K in some reports).

Trump-Iran mentions in sentiment, and risk-off selling. Additionally, XRP open interest has plummeted to multi-month lows, indicating less leverage and trader caution.

Technical notes: $1.8 had been repeatedly tested as a crucial support zone. Bearish signals have resulted, with some analysts cautioning that if momentum doesn’t reverse, there may be more declines towards $1.60–$1.72. Others, however, believe that this is a shakeout, with bullish divergence for a bounce and spot volume spikes close to support.

BTC Falls Below $76K in Weekend Selloff, Revisits Post-“Liberation Day” Levels

Posted on by Olumide Adesina

Bitcoin fell below $76,000, falling roughly 40% from its 2025 peak and returning to levels last observed following the “Liberation Day” tariff fallout.

Bitcoin is trapped by the bears this week.
Bitcoin is trapped by the bears this week.

What started as a severe crash in October has turned into something more destructive: a selloff shaped by a lack of buyers, momentum, and confidence rather than panic.

There hasn’t been a clear spark, cascading liquidations, or systemic shock like there was during the October drawdown; instead, there has only been declining demand, thinning liquidity, and a token that isn’t connected to larger markets.

Risk rallies, dollar weakness, and geopolitical strain have not affected Bitcoin.

There was no rotation in cryptocurrency even during the recent sharp fluctuations in gold and silver.

Bitcoin experienced its fourth consecutive monthly decline of almost 11%. This is the longest losing streak since 2018, during the crash that followed the 2017 surge in initial coin offerings.

Ripple: XRP Falls Below $1.80: Smart Money Accumulating or More Pain Ahead

Posted on by Olumide Adesina

XRP is currently trading below $1.80 after a notable decline.   XRP is between $1.75 and $1.76, down about 6% over the past day.

This represents a distinct break below the $1.80 mark. Key Details on the Recent Movement24-hour range: Low ~$1.73, high ~$1.89 (per CoinMarketCap and CoinGecko aggregates).

Recent performance: Much of January’s earlier gains have been erased, down about 6% in the last 24 hours and about 8% over the last week. Market context: This aligns with wider crypto market pressure (e.g.). g. macro factors like tariff tensions and geopolitical risks (e.g., Bitcoin declining toward $87K in some reports).

Trump-Iran mentions in sentiment, and risk-off selling. Additionally, XRP open interest has plummeted to multi-month lows, indicating less leverage and trader caution.

Technical notes: $1.8 had been repeatedly tested as a crucial support zone. Bearish signals have resulted, with some analysts cautioning that if momentum doesn’t reverse, there may be more declines towards $1.60–$1.72. Others, however, believe that this is a shakeout, with bullish divergence for a bounce and spot volume spikes close to support.

Forex Signals Jan 30: Exxon, Chevron, American Express, Verizon, SoFi Earnings Today

Posted on by Skerdian Meta

As Exxon, Chevron, American Express, Verizon, and SoFi Technologies release their Q4 2025 results, investors are taking today’s reports cautiously. Market reactions could indicate broader attitude for 2026.
Continue reading “Forex Signals Jan 30: Exxon, Chevron, American Express, Verizon, SoFi Earnings Today” →

XRP Burns Heating Up While Price Dips Below $1.80 – Deflationary Signal or Buying Opportunity

Posted on by Olumide Adesina

XRP is currently trading below $1.80 after a notable decline. According to live data from major trackers, the price of XRP is currently between $1.75 and $1.76, down about 6% over the past day.

This represents a distinct break below the $1.80 mark. Key Details on the Recent Movement24-hour range: Low ~$1.73, high ~$1.89 (per CoinMarketCap and CoinGecko aggregates). After a wider decline from recent highs around $1.90–$2.00 earlier in the month,

Recent performance: Much of January’s earlier gains have been erased, down about 6% in the last 24 hours and about 8% over the last week. Market context: This aligns with wider crypto market pressure (e.g.). g. macro factors like tariff tensions and geopolitical risks (e.g., Bitcoin declining toward $87K in some reports).

Trump-Iran mentions in sentiment, and risk-off selling. Additionally, XRP open interest has plummeted to multi-month lows, indicating less leverage and trader caution.

Technical notes: $1.8 had been repeatedly tested as a crucial support zone. Bearish signals have resulted, with some analysts cautioning that if momentum doesn’t reverse, there may be more declines towards $1.60–$1.72. Others, however, believe that this is a shakeout, with bullish divergence for a bounce and spot volume spikes close to support.

Bitmine Stock BMNR Tests Support as BTC and ETH Crash, Ethereum Holdings Soar

Posted on by Skerdian Meta

BitMine began 2026 with newfound optimism and soaring cryptocurrency prices, but the rally has proven to be fragile as Ethereum and Bitcoin go back into corrective territory. Continue reading “Bitmine Stock BMNR Tests Support as BTC and ETH Crash, Ethereum Holdings Soar” →

Forex Signals Jan 29: Apple AAPL, Visa V, Mastercard, Caterpillar, and SAP Earnings

Posted on by Skerdian Meta

Due to the anticipated reports from Apple, Visa, Mastercard, Caterpillar, and SAP, the focus of today’s earnings session will primarily be on consumer demand, payments activity, industrial strength, and business software investment. Continue reading “Forex Signals Jan 29: Apple AAPL, Visa V, Mastercard, Caterpillar, and SAP Earnings” →

Ripple Boosts Saudi Vision 2030: Partners with Riyad Bank on Blockchain Payments and Tokenization

Posted on by Olumide Adesina

Ripple has teamed up with Riyadh Bank amid increasing interest in blockchain-based infrastructure at the institutional level,, a Saudi financial institution, to investigate the application of blockchain technology within the nation’s financial system.

 

Reece Merrick, senior executive officer and managing director for the Middle East and Africa at Ripple, announced the partnership on Monday. According to Merrick, Ripple, and Jeel, the innovation division of Riyadh Bank has an agreement to research uses for blockchain technology.

The agreement will be in the form of a memorandum of understanding that addresses asset tokenization, digital asset custody, and cross-border payments.

Vision 2030, Saudi Arabia’s long-term plan to update its financial system and economy while reducing reliance on oil exports, is the goal of these initiatives. Given Riyad Bank’s size and position within the national financial system, the agreement is noteworthy.

Tokenization activity on public blockchains is growing worldwide in addition to regional developments. Institutional use of blockchain-based infrastructure is reflected in the XRP Ledger’s recent surpassing of $1 billion in on-chain tokenized assets. Tokenized US Treasury funds and products, as well as the expansion of RLUSD, which has started trading on significant platforms like Binance, have contributed to the rise.