Michael Saylor Defends Strategy Amid Potential Index Exclusion

The post Bitcoin becomes a macroeconomic asset as countries race to ramp up adoption appeared on BitcoinEthereumNews.com. Bitcoin (BTC) adoption is growing among countries, with 32 nations actively pursuing exposure through legislation, representing roughly one in six nations worldwide, according to a Bitcoin Policy Institute report published Sept. 22. The study documents a rapid acceleration in government adoption following President Donald Trump’s election and subsequent executive order establishing a US Strategic Bitcoin Reserve. The report identified active Bitcoin exposure in 27 countries, while 13 have proposed legislation to gain such exposure. The numbers reflect overlapping categories, as some nations pursue multiple approaches simultaneously. Argentina operates government-backed mining using flared gas while proposing legislation for a strategic reserve. The United Arab Emirates (UAE) employs three active exposure methods: government-backed mining, sovereign wealth fund investments in Bitcoin ETFs, and tax payment acceptance. Strategic Bitcoin Reserve is the go-to strategy Strategic Bitcoin Reserves (SBR) represent the most common approach, with 16 countries having proposed or enacted such policies. Trump’s executive order established federal policy of retaining rather than selling seized Bitcoin holdings, citing $17 billion in potential gains that would have been missed from previous liquidations. Arizona, New Hampshire, and Texas have codified state-level reserves into law, with dozens more states considering similar measures. Strategic Bitcoin reserves lead among 56 total exposure instances across 32 nations (Source: Bitcoin Policy Institute) Besides the idea of an SBR, government-backed Bitcoin mining ranks as the second most prevalent method, with 14 countries actively or proposing such operations. Government-backed exploration Ten nations currently mine through electricity provision arrangements that generate profit-sharing Bitcoin accumulation. Argentina, Bhutan, El Salvador, Ethiopia, Iran, North Korea, Oman, Russia, the UAE, and Venezuela all maintain or previously operated government mining programs. Seven countries hold Bitcoin through passive holdings, comprising seized cryptocurrency that governments have chosen not to sell. Bulgaria, China, Finland, Georgia, India, the United Kingdom, and Venezuela maintain such…

Analysts note that the XRP price is showing unusual resilience, as a key metric previously seen before short-term rebounds reappears on its chart. In a new technical analysis, crypto market expert Dom points out that the latest market setup mirrors conditions that have led to at least a 10% surge each time this pattern emerges.    Recurring Metric Signals 10% XRP Price Surge In an X post released while XRP was still trading around $2.19, Dom highlighted a familiar technical signal, noting that past appearances of a bid-skew metric on the chart have consistently led to sharp price recoveries. As a reflection of its previous stability, the analyst stated the XRP had displayed incredible strength over the last several days, trading above the $2 level.  Related Reading: Analyst Claims XRP Price Will Surge To $220 Due To ETFs, But Is This Possible? Even as the Bitcoin price plummeted by more than $15,000 in the past few days, the analyst pointed out that XRP had maintained its local low from November 5. The accompanying chart highlights this divergence between XRP and BTC, where the altcoin’s structure holds its range despite the widespread market downturn.  Historically, when XRP has shown such strength during periods of Bitcoin weakness, Dom notes that it has signaled countless price reversals. The analyst further highlighted that over the past three months, every time the recurring bid-skew pattern appeared, XRP followed with an upswing of at least 10%.  If the historical metric holds, Dom’s analysis suggests there could be a continuation of XRP’s recent resilience, potentially driving its price up by 10% to at least $2.09. At the time of the analyst’s post, this target may have been higher, since XRP was still trading above $2. However, the cryptocurrency has since fallen below that threshold, reaching $1.9 at the time of writing.  XRP CVD Data Reveals Controlled Selling Pressure In a subsequent update, Dom shared a second chart, showing that XRP’s price had declined from its previous level of $2.19 to $2.01. He highlighted that this negative price action serves as a reminder that market dynamics don’t always follow textbook patterns. The recent decline in XRP also falls into roughly 15% of cases where typical orderbook signals fail to predict short-term moves.  Related Reading: Here’s How High The XRP Price Needs To Be To Flip Bitcoin In the Binance spot market, Dom points out evidence of “controlled” selling rather than forced liquidations. Unlike earlier periods where strong bids consistently led to upward price momentum, XRP’s Spot Cumulative Volume Delta (CVD) curves on Binance, Coinbase, Bybit, and other exchanges are sloping downwards. Moreover, among all the crypto exchanges, Binance has recorded the most decline.  Dom notes that controlled selling can be seen clearly in the smoothed cumulative volume lines on the chart. He warns that these developments are tricky to time. Moreover, without a sudden climax or sharp liquidation, bottoming could form slowly, making entries based on traditional reversal signals more challenging. Featured image from Getty Images, chart from Tradingview.com

The post Spain National Team Top FIFA World Rankings In Men’s And Women’s Soccer appeared on BitcoinEthereumNews.com. SYDNEY, AUSTRALIA – 2023/08/20: (L-R) Alexia Putellas, Jennifer Hermoso and Irene Paredes of Spain celebrate after winning the Women’s World Cup 2023 Final game between Spain and England at Accor Stadium. Final scores, Spain 1:0 England. (Photo by Julieta Ferrario/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images The Spanish National Team has today become the first in a decade to top the FIFA World Rankings in both the men’s and women’s game. Not since 2015 has one country held the number one position in the senior men’s and women’s game. The respective Spanish national teams have both assumed pole position in the charts following the release of the latest charts. The women’s national team are the current world champions and holders of the UEFA Women’s Nations League. This summer, they also reached the final of the UEFA Women’s Euro but lost out to reigning European champions England in a dramatic penalty shoot-out. BASEL, SWITZERLAND – JULY 27: England players applaud Aitana Bonmati of Spain as she makes her way forward to collect her player of the tournament award following during the UEFA Women’s EURO 2025 Final match between England and Spain at St. Jakob-Park on July 27, 2025 in Basel, Switzerland. (Photo by Jonathan Moscrop/Getty Images) Getty Images Nonetheless, they remained unbeaten throughout the tournament in regulation time and these results, coupled with them finishing above England in the latest edition of the Nations League group stage, were sufficient for them to overhaul the reigning Olympic champions, the United States, at the top of the women’s world rankings. The Spanish men’s team are the reigning European champions. Last summer, they became the first team in the competition’s history to win seven successive matches at a single tournament as they swept aside three former world champions – Germany, France…