Is this Ripple alternative a better bet?
XRP price performance in June-July, source: CoinMarketCap
Academy
Empower your mind, elevate your skills
Spotlight Wire
XRP technical analysis, source: CoinMarketCap
Spotlight Wire
Spotlight Wire
Fuelled by the broader market rally and friendly regulatory shifts, the XRP price had a strong comeback in July, pumping by over 60%. But this is crypto. Here, charts flip in hours.So, can XRP continue to climb, or does it need a breather amid growing competition from new players like Bitcoin Hyper?After years of legal battle, Ripple is finally on the path to resolving its differences with the SEC. The Trump government is boldly in favour of crypto, rapidly clearing regulatory clouds. However, regulations are not a cakewalk for XRP yet.The XRP price owes its recent surge to the broader market rally. But why XRP? Investors have been stocking up on XRP in renewed hopes for institutional adoption through ETFs.But soon came the twist: the SEC halted the approval of Bitwise's 10 Crypto Index ETF, which includes XRP. Interestingly, it was just hours after the staff greenlit it, and this is the second time this month the commission hit pause under Rule 431. Grayscale's XRP-inclusive GDLC fund was also put on ice recently.Inevitably, the move has spooked investors and raised short-term doubts for the Ripple price. But the altcoin giant's fundamentals are solid, as RippleNet and cross-border payments give it utility beyond the speculative crowd.XRP's technical indicators are screaming bullish. The monthly time frame shows 14 buy signals out of 23, while moving averages flash 11 buys.With bullish momentum intact, $6.00 is not a long shot for XRP in the short term, and it could even climb to $6.80 by year-end if market conditions hold. An optimistic, yet realistic XRP price prediction for the end of Q3 2025 is in the $5.80–$6.20 range.Crypto analysts such as Vincent highlight more trends to establish the bullish narrative, especially with institutions such as JP Morgan recognising XRP as valid collateral. As capital floods back into crypto, XRP is showing textbook consolidation-and-breakout patterns.Crypto influencer and analyst Austin Hilton points out that the liquidity surge across the market is a good sign, as capital is rotating from Bitcoin into major altcoins like XRP and Ethereum.According to him, XRP could hit $5 by the end of July, contingent on continued inflows and macro strength. For Q4 2025, the projections are more varied, ranging from $12 to $30. The long-term view is that $100 per XRP is doable for XRP, although it is likely years away.The forecast is tied to broader crypto expansion, especially if Bitcoin touches $200K and Ethereum cracks $10K.Let's forget about XRP for a second and talk about a new crypto for our watchlists. Bitcoin Hyper ($HYPER) is racing through its presale. It has already clocked in $5.5 million.What is behind Bitcoin Hyper's growing momentum? The project is building a Layer-2 on the Solana Virtual Machine (SVM) for Bitcoin decentralised apps (dApps) and transactions.Using $HYPER tokens, users can bridge BTC into Hyper L2, transact near-instantly, then bridge out securely. That means decentralised finance (DeFi), gaming, and even meme coins on Bitcoin's base security, but with Solana-like speed. With this move, Bitcoin Hyper is positioning itself as Bitcoin's missing execution layer.The $HYPER presale offers a short window to grab the upcoming altcoin before it hits crypto exchanges. As one of the few projects that efficiently taps into Bitcoin branding and utility at the same time, investors are piling in on the presale.XRP is clearly the blue-chip star this season, but Bitcoin Hyper offers something XRP doesn't: low market cap and early-mover advantage in the Bitcoin L2 narrative.If the market taps into pro-crypto regulations and ETF approvals, new utility projects could dominate the hot charts with multifold gains. But investors don't have time till then to grab $HYPER for fixed, discounted prices.The presale is rapidly selling out. In addition, it follows a tiered structure, with each new phase slightly more expensive than the previous. The dynamic passive rewards, on the other hand, decline for latecomers.Name: Bitcoin HyperEmail: support@Bitcoinhyper.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
28 minutes ago
- Hindustan Times
Businesses Continue to Face Uncertainty After Latest U.S. Tariff Blitz, ICC Says
Businesses around the world are still seeking clarity on the barriers they will face as exporters to the U.S., with many pausing big decisions on investment and hiring, according to the deputy head of the International Chamber of Commerce. President Trump raised tariffs on scores of countries late Thursday, but delayed their implementation until Aug. 7. That came after his trade-deal deadline for many countries to clinch agreements or face tariff hikes expired. However, the tariff announcements lacked detail, adding to uncertainties that include decisions that have yet to be taken on key sectors, as well as continuing talks with China and others, and the legal status of the new duties. 'Last night's announcement provides confirmation that the administration is set on applying generally higher tariff rates,' said Andrew Wilson, deputy secretary-general of the ICC. 'But at a more practical level, we still see companies struggling to understand how the country specific rates will apply in practice.' Wilson said a particular issue is whether the new tariffs outlined in Trump's executive order will be added to existing duties—stack in trade jargon—or replace them. 'The Executive Order only states the headline tariff rate, with no specifics as regards their implementation aside from the E.U. deal,' he said. Uncertainty about the tariff framework dates back to Trump's victory in the November election, although it ratcheted up when he announced a series of huge increases on April 2 and then suspended those rises pending negotiations. The deadline for those talks was then extended, but, despite Thursday's announcements, questions remain. Still, figures released earlier this week showed the eurozone's economy avoided a forecast contraction during the second quarter, while the U.S. returned to expansion after a first-quarter contraction. Data published last month pointed to continued strong growth in China during the second quarter. 'We've certainly avoided the biggest risk that we saw several months ago, which was widespread tit-for-tat retaliation and a global rise in protectionism,' Wilson said in an interview with The Wall Street Journal. But Wilson said it is likely too early to draw any firm conclusions about the impact of tariff rises on the global economy. 'There are still so many uncertainties, so many delays in decision making that it may be too early to tell,' he said. The uncertainty relates not just to the level at which tariffs will settle, but also whether they are legal. Federal appeals judges on Thursday pushed back against the president's claims that a 1977 law addressing economic emergencies gives him the ability to rewrite the tariff schedule. 'What we have heard major executives say is that, if you don't know what the tariff rate is going to be next week, let alone next month, let alone in three years' time, how on earth can you make an investment that will take eight to ten years, possibly even more, to pay off,' Wilson said. For the ICC, which represents 45 million businesses in 170 countries, it is at least clear that the Trump administration is determined to push tariffs sharply higher, and that the TACO jibe—which asserts that Trump Always Chickens Out—has little truth. 'The conclusion we've come to is that essentially this administration is looking at how far it can push the effective rate, in the first instance without freaking out the financial markets,' Wilson said. Equity markets fell back Friday in response to the new announcement of higher tariffs, but to a much smaller degree than after the April 2 surprise. Write to Paul Hannon at
&w=3840&q=100)
First Post
28 minutes ago
- First Post
World economies reel as Trump delivers blow with new modified reciprocal tariff
Trump announced late Thursday that dozens of economies, including the European Union, will face new tariff rates of between 10 and 41 percent. read more Global markets reeled Friday after President Donald Trump's tariffs barrage against nearly all US trading partners as governments looked down the barrel of a seven-day deadline before higher duties take effect. Trump announced late Thursday that dozens of economies, including the European Union, will face new tariff rates of between 10 and 41 percent. However, implementation will be on August 7 rather than Friday as previously announced, the White House said. This gives governments a window to rush to strike deals with Washington setting more favorable conditions. STORY CONTINUES BELOW THIS AD Neighboring Canada, one of the biggest US trade partners, was hit with 35 percent levies, up from 25 percent, effective Friday – but with wide-ranging, current exemptions remaining in place. The tariffs are a demonstration of raw economic power that Trump sees putting US exporters in a stronger position, while encouraging domestic manufacturing by keeping out foreign imports. But the muscular approach has raised fears of inflation and other economic fallout in the world's biggest economy. Stock markets in Hong Kong, London and New York slumped as they digested the turmoil, while weak US employment data added to worries. Trump's actions come as debate rages over how best to steer the US economy, with the Federal Reserve this week deciding to keep interest rates unchanged, despite massive political pressure from the White House to cut. Data Friday showed US job growth missing expectations for July, while unemployment ticked up to 4.2 percent from 4.1 percent. On Wall Street, the S&P 500 dropped 1.6 percent, while the Nasdaq tumbled 2.2 percent. Political goals Trump raised duties on around 70 economies, from a current 10 percent level imposed in April when he unleashed 'reciprocal' tariffs citing unfair trade practices. The new, steeper levels listed in an executive order vary by trading partner. Any goods 'transshipped' through other jurisdictions to avoid US duties would be hit with an additional 40 percent tariff, the order said. STORY CONTINUES BELOW THIS AD But Trump's duties also have a distinctly political flavor, with the president using separate tariffs to pressure Brazil to drop the trial of his far-right ally, former president Jair Bolsonaro. He also warned of trade consequences for Canada, which faces a different set of duties, after Prime Minister Mark Carney announced plans to recognize a Palestinian state at the UN General Assembly in September. In targeting Canada, the White House cited its failure to 'cooperate in curbing the ongoing flood of fentanyl and other illicit drugs' – although Canada is not a major source of illegal narcotics. By contrast, Trump gave more time to Mexico, delaying for 90 days a threat to increase its tariffs from 25 percent to 30 percent. But exemptions remain for a wide range of Canadian and Mexican goods entering the United States under an existing North American trade pact. Carney said his government was 'disappointed' with the latest rates hike but noted that with exclusions the US average tariff on Canadian goods remains one of the lowest among US trading partners. STORY CONTINUES BELOW THIS AD 'Tears up' rule book With questions hanging over the effectiveness of bilateral trade deals struck – including with the EU and Japan – the outcome of Trump's overall plan remains uncertain. 'No doubt about it – the executive order and related agreements concluded over the past few months tears up the trade rule book that has governed international trade since World War II,' said Wendy Cutler, senior vice president of the Asia Society Policy Institute. On Friday, Trump said he would consider distributing a tariff 'dividend' to Americans. Notably excluded from Friday's drama was China, which is in the midst of negotiations with the United States. Washington and Beijing at one point brought tit-for-tat tariffs to triple-digit levels, but have agreed to temporarily lower these duties and are working to extend their truce. Those who managed to strike deals with Washington to avert steeper threatened levies included Vietnam, Japan, Indonesia, the Philippines, South Korea and the European Union. Among other tariff levels adjusted in Trump's latest order, Switzerland now faces a higher 39 percent duty.
&w=3840&q=100)
First Post
28 minutes ago
- First Post
Trump says he heard India halted Russian oil purchases after tariff threat, calls it 'good step'
US President Donald Trump said that he had heard India had halted the purchase of Russian oil after his administration introduced a 25% tariff on Indian goods. Trump went on to call it a 'good step' read more Days after introducing high tariffs against India, US President Donald Trump said on Friday that he heard that India is no longer purchasing oil from Russia. While speaking to the reporters, Trump went on to describe the halting of oil purchases as a 'good step'. 'I understand India no longer is going to be buying oil from Russia,' Trump told reporters as he departed the White House for his weekend trip to his Bedminster Golf Club in New Jersey. 'That's what I heard. I don't know if that's right or not, but that's a good step. We'll see what happens,' he said. STORY CONTINUES BELOW THIS AD Earlier this week, Trump accused New Delhi of committing unfair trade practices by extensively purchasing oil and military equipment from Russia. 'INDIA WILL THEREFORE BE PAYING A TARIFF OF 25%, PLUS A PENALTY FOR THE ABOVE, STARTING ON AUGUST FIRST,' he wrote on Wednesday on Truth Social. #WATCH | "I understand that India is no longer going to be buying oil from Russia. That's what I heard, I don't know if that's right or not. That is a good step. We will see what happens..." says, US President Donald Trump on a question by ANI, if he had a number in mind for the… — ANI (@ANI) August 1, 2025 However, he is yet to reveal the specifics of the 'penalty'. While Trump admitted that India is a 'friend'. He slammed India's trade barriers and Russia connections. 'India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World,' he wrote. STORY CONTINUES BELOW THIS AD The trade between the US and India has remained substantial for decades, with goods reaching $129 billion in 2024, and Washington running a $45.7 billion trade deficit, according to the Office of the United States Trade Representative. India looks for options Trump's remarks on the matter came days after multiple media reports suggested that Indian state refiners have temporarily paused Russian oil purchases due to narrowing discounts and shipping challenges. However, the Indian government has yet to confirm the move officially. Meanwhile, the Ministry of External Affairs Spokesperson Randhir Jaiswal on Friday responded to the criticisms hurled by the Trump administration and defended India's longstanding partnership with Russia. 'India and Russia share a steady and time-tested partnership,' he said. Jaiswal also reaffirmed the strength of the India-US relationship, noting it is based on 'shared interests, democratic values, and robust people-to-people ties,' and expressed confidence that bilateral relations would continue to move forward despite current tensions.
