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Fidelity website sparks XRP bullish frenzy; outsiders see surge to $8

A bullish view that XRP could rise to $8 posted on Fidelity Investments\' website has drawn attention from the XRP community. The item was not Fidelity\'s own investment research but content from an external cryptocurrency news feed carried on its platform. The content cited spot XRP ETF inflows and a favourable U.S. regulatory environment as key conditions. Analysts and supporters also referenced technical analysis and on-chain data from Santiment, while noting the figures were not from Fidelity.

Crypto

Flare co-founder welcomes Charles Hoskinson return after XRP-BTC clash

Flare co-founder Hugo Philion publicly supported Cardano founder Charles Hoskinson\'s return to activity on X, after the two clashed over XRP and bitcoin interoperability and bitcoin-based DeFi strategy. Philion said the crypto industry would be worse off without Hoskinson, Cardano and Midnight, while maintaining Cardano was duplicating work that could be done using FXRP and Flare Bitcoin via LayerZero. Hoskinson had briefly reduced public activity before returning.