XRP price held above $2.80 on Thursday, increasing the altcoin’s chances of rallying toward the cup-and-handle pattern’s target above $6. Key takeaways: XRP traded at $2.82 on Thursday, with a potential cup-and-handle breakout projecting a 120% rally to $6.20. The XRP/USD pair needs to flip $3-$3.10 into support, as $2.80 remains a key level of interest for traders. Read more
The Bank of France’s governor called for crypto oversight to be given to the European Securities and Markets Authority, and for tightening MiCA’s rules on stablecoin issuance. The Bank of France called on the EU to give its markets regulator direct supervision over major crypto firms, warning that fragmented oversight could threaten the bloc’s financial sovereignty. Speaking at the ACPR-AMF Fintech Forum in Paris on Thursday, Bank of France Governor François Villeroy de Galhau said the European Securities and Markets Authority (ESMA) should be given the mandate to directly oversee crypto-asset issuers under the EU's Markets in Crypto-Assets (MiCA) framework. “I also advocate, along with the president of the AMF, for European supervision of crypto-asset issuers, carried out by ESMA,” he said, adding that it may guarantee the consistent application of rules and reduce risks. Read more
Takaichi’s election may have a “material impact” on the governance and regulatory perception of crypto assets in Japan, experts told Cointelegraph. Japan’s newly elected prime minister, Sanae Takaichi, may open the door for more “refined” regulations to boost the country’s cryptocurrency economy, which could be set to emerge as the next global hub for crypto companies. Takaichi was elected leader of the Liberal Democratic Party (LDP) on Saturday and is set to become Japan’s first female prime minister when she takes office on Oct. 15. Experts say her leadership may introduce a more open stance toward technological experimentation, including blockchain innovation, while maintaining Japan’s rigorous regulatory standards. Read more
Romanian retail sales fell 4.0% month-on-month in August 2025 and, excluding the pandemic lockdown period, this is the largest monthly drop since the 2009-10 crisis, according to a survey by ING Bank.