XRP Rockets, But Is Volatility Lurking?

In partnership with

Experience the all-new Decentraland

Explore the future of Decentraland with the new Desktop client, now available on Mac and Windows. Enjoy smoother performance, more immersive environments, upgraded avatars, new social features, daily quests with mini-games, and more. Dive in to unlock new badges and experience Decentraland like never before.

Download Decentraland to start exploring.

Here's what we've got for you today:

• XRP Rally Faces Volatility Risks as Analysts Warn of Leverage Impact

• Michael Saylor Tells Microsoft Its Value Could Soar $5T with Bitcoin

• Robert Kiyosaki Sees Bitcoin Crash to $60K as a Chance to Buy More

• US Was Losing Crypto Leadership Before Trump Win: Cathie Wood

⚠️ XRP Rally Faces Volatility Risks as Analysts Warn of Leverage Impact

Some analysts warn that XRP’s sharp rally to 2021 highs may signal impending volatility.

• Ripple's XRP has surged to levels last seen in 2021 after experiencing a 68% gain over the past month and a 370% year-to-date increase.

• Despite its success, analysts warn that XRP’s rally may be "leverage-driven," as open interest in XRP derivatives spiked by 37% in 24 hours.

• CryptoQuant analyst Maarten Regterschot pointed out the potential for serious volatility in XRP’s price, and specifically referred to a similar event that happened in the past which resulted in a 17% price drop.

💰️ Michael Saylor Tells Microsoft Its Value Could Soar $5T with Bitcoin

MicroStrategy chair Michael Saylor told Microsoft’s board of directors that the firm could add close to $5 trillion to its market cap if it went all-in on Bitcoin.

• Michael Saylor urged Microsoft to embrace Bitcoin, and even described it as the next major technological wave during his Dec. 1 pitch.

• Saylor claimed Bitcoin could increase Microsoft’s share price by $584 and add about $4.9 trillion to its market value by 2034, assuming Bitcoin reaches $1.7 million per coin.

• He suggested that Microsoft redirect its treasury, debt, cashflows, dividends, and buyback funds to invest in Bitcoin.

🛒 Robert Kiyosaki Sees Bitcoin Crash to $60K as a Chance to Buy More

Robert Kiyosaki predicted that Bitcoin could "crash" to $60,000, but urged investors to see it as a buying opportunity.

• Kiyosaki anticipates Bitcoin could "crash" to $60,000, but stated that he will not sell but instead buy more Bitcoin during the dip.

• He places a lot more emphasis on the importance of actually holding Bitcoin over its short-term price movements.

• Despite his bearish prediction, Kiyosaki also aligns with ultra-bullish forecasts, including Michael Saylor’s prediction that Bitcoin could reach $13 million.

‼️ US Was Losing Crypto Leadership Before Trump Win: Cathie Wood

Ark Invest founder Cathie Wood believes the U.S. almost lost its crypto edge before Donald Trump’s reelection.

• Cathie Wood is convinced that overregulation is the key challenge for the U.S., and suggested it drove crypto and AI talent abroad.

• Wood sees Trump’s economic policies and support for cryptocurrencies as the start of a friendlier climate for digital assets, especially with changes in SEC leadership.

• Under Trump, the SEC's influence over digital assets might be reduced, with expanded authority given to the CFTC to oversee the digital asset market.

👀 QUICK NEWS

• Ether’s Price Chart Now Mirrors a Pattern That Foretold Bitcoin’s Record Rally

• Former Facebook Exec Claims Political Barriers Led to Libra’s Collapse

• Clipper DEX Says Recent $450K Hack Wasn’t Caused by Private Key Leak

• Hyperliquid’s HYPE Surpasses Aave in Market Cap, Claims Nearly Half of Decentralized Perpetual Swaps Volume

• South Korean Lawmakers Agree to Postpone Crypto Tax Launch Until 2027

MEME OF THE DAY

That’s it for today. Don’t forget to share Coinpaper Digest with your friends!