XRP (CRYPTO: XRP) has fallen roughly 29% over the past month, but some traders say the correction may be nearing exhaustion, setting up a potential relief rally.

CryptocurrencyTickerPriceMarket Cap7-Day TrendXRP(CRYPTO: XRP)$1.45$88.7 billion+3.4%Bitcoin(CRYPTO: BTC)$67,895.71$1.35 trillion-0.8%Ethereum(CRYPTO: ETH)$1,969.15$237.7 billion-1.8%

Trader Notes: Crypto trader Columbus said XRP appears to have completed a clear five-wave impulsive decline, often signaling the final phase of a broader corrective structure.

Price is stabilizing near $1.05–$1.10, a key demand zone

Area aligns with prior structural support

Also matches a projected Elliott Wave completion region

If the…

Read more on Benzinga

Bitcoin continues to struggle around $68,000, weighed down by persistent extreme fear sentiment and the absence of a clear catalyst for the next leg higher.        

Bitcoin ETFs saw $15.2 million in net inflows on Friday, while Ethereum ETFs reported $10.3 million in net inflows.

The meme coin sector declined 1.6% over the past 24 hours, bringing total market capitalization to approximately $35.4 billion.

Trader Commentary:

Degen Hardy said Bitcoin was rejected at the 2021 all-time high zone between $69,000 and $74,000 and is now trading below that area, making $74,000 the critical pivot level.

Below $74,000: Rallies likely get sold, keeping the market corrective

Major support:… Read more on Benzinga

Cryptocurrency lending platform Nexo said Monday it is returning to the U.S. market in 2026, three years after settling an SEC lawsuit over its offerings.

Nexo Promises Compliance This Time

Nexo announced in a statement that it is reentering with a “U.S.-compliant framework” for its investment and credit product offerings, in partnership with regulated players. 

Bakkt Inc. (NYSE:BKKT), a U.S.-based publicly listed firm, will provide the digital asset trading infrastructure, the company said.

Nexo is launching a comprehensive suite of digital asset services in the U.S., including flexible and fixed-term yield programs, an integrated exchange for cryptocurrency trading,…

Read more on Benzinga

Biglari Holdings (NYSE:BH)-owned fast food chain Steak ‘n Shake disclosed Monday that its same-store sales rose dramatically after launching Bitcoin (CRYPTO: BTC) payments.

‘Transformative Power’ Of Bitcoin Boosts Sales

In an X post, the popular burger chain said that it has fused its cash-producing business with the “transformative power” of Bitcoin.

“Nine months ago today, Steak n Shake launched its burger-to-Bitcoin transformation when we started accepting bitcoin payments. Our same-store sales have risen dramatically ever since,” Steak ‘n Shake added.

Steak ‘n Shake‘s Burger-To-Bitcoin Strategy

The company stated that all its Bitcoin sales go into a Strategic…

Read more on Benzinga

Renowned investor Kevin O’Leary said Monday that fears over quantum computing would deter institutional investors from increasing exposure to Bitcoin (CRYPTO: BTC).

Will Quantum Computing Slow Down Institutional Investment?

O’Leary took to X, adding a clip from his recent interview with Fox Business, where he revealed he’s still long on Bitcoin but that quantum computing risks have started to rattle some investors.

“The idea that a quantum computer could eventually break the chain is making institutions hesitate, and until that gets resolved, don’t expect them to go beyond a 3% allocation,” the “Shark Tank” star said.

Notably, BlackRock, the world’s largest asset management…

Read more on Benzinga

Strategy Inc. (NASDAQ:MSTR) Chair Michael Saylor touted on Monday Bitcoin’s (CRYPTO: BTC) ability to enable fast and cheap global transfers even on bank holidays like Presidents’ Day.

Saylor Champions Bitcoin’S 24/7 Operation

Saylor highlighted Bitcoin’s fee estimator on X, with a fee rate of 1 satoshi per virtual byte for instant settlements during periods of low congestion. One satoshi is the smallest unit of Bitcoin, equal to 0.00000001 BTC. At the time of writing, its value was about $0.00068.

Lightning transactions also include a variable fee component applied to the payment amount. In the given scenario, it was shown to be 0.0003%.

The screenshot posted by Saylor didn’t show…

Read more on Benzinga

Leading cryptocurrencies traded flat on Monday amid thin liquidity due to the holiday, while gold and silver declined.

Bitcoin Moves Sideways

Bitcoin pushed to an intraday high of $70,060 but met strong resistance, sending it back to the $68,000 range. The apex cryptocurrency’s trading volume fell 17% from the previous day.

Ethereum crept up to $2,000 overnight, even though trading volume plunged 40% over the last 24 hours. XRP and Solana moved sideways.

Bitcoin’s market dominance shrank to 58.3%, while Ethereum’s share contracted 2.16% to 10.2%.

Over $215 million was liquidated from the market in the last 24 hours, according to Coinglass, with long liquidations accounting for the majority…

Read more on Benzinga

Bitcoin is hovering near the $68,000 level, with no clear macro or structural catalyst driving the broader crypto market.

Notable Statistics:

Coinglass data shows 93,334 traders were liquidated in the past 24 hours for $249.32 million.

SoSoValue data shows net inflows of $15.2 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $10.3 million.

In the past 24 hours, top gainers include Stable, MemeCore, and Nexo.

Notable Developments:

Trader Notes: CryptoQuant analyst Maartunn noted that major Bitcoin bottoms do not form instantly due to significant overhead supply.

Approximately 9.31 million BTC, about 46% of total supply, is currently held above the market…

Read more on Benzinga