Peter Brandt Reveals Shocking Bitcoin Price Target, Ripple CTO Doubles Down on XRP Ledger, Shiba Inu Faces Extreme On-Chain Anomaly – Crypto News Digest

Peter Brandt flags two major BTC downside targets

Bitcoin just picked up a warning from trading legend Peter Brandt, whose latest chart calls for a drop to $81,852 or even $59,403 per BTC.

• BTC to $59,000. Peter Brandt’s newest Bitcoin chart outlines a weekly five-leg climb followed by a curve break.

Peter Brandt's new Bitcoin (BTC) chart gives a straight message that bulls will not like. His weekly setup shows a clear five-leg climb, a broken curve and two landing zones that are far below today's price. The first one sits near $81,852, and the deeper one is around $59,403 per BTC.

The trader with 50-year experience in markets does not see them as panic markers, but as the natural clean-up after a run that stretched too far while traders priced in an endless policy pivot.

• Bigger picture. Brandt compares late 2025 to late 2021 in reverse: prices falling while traditional indexes like the S&P 500 remain stable.

The bigger picture helps explain why Brandt's targets do not look extreme. It is like late 2025 is the same as late 2021, just the opposite. Prices are dropping, but the major indexes like S&P 500 are still doing okay. Four years ago, the market was getting ready for quantitative tightening, now it is the easing narrative.

The main issue is that a lot of assets already trade as if rates are going to drop quickly. Crypto followed the same logic, ignoring that future cuts may already be in the chart.

Ripple CTO explains purpose of new XRPL hub

David Schwartz explains his XRP Ledger push.

• XRPL matters. When asked what the hub is for, Schwartz outlined three reasons for running it.

In a recent tweet, Ripple CTO David Schwartz indicated that his hub had been running on rippled v2.6.2 with no issues reported. This information from the Ripple CTO prompted a question from an X user who asked what the hub was for.

Responding to this question, Schwartz outlined three reasons why he chose to run a hub on XRP Ledger. First, he hadn't been running any XRPL infrastructure for a few years and thought it would be cool to start again.

Second, there had been some instances of increased latency between some validators, and he believes that one good megahub could meaningfully reduce network latency and network diameter and increase reliability.

Third, there were some localized issues with XRPL not performing as well as expected in some cases, and he needed a hub to test his theories for what might be causing these issues.

• No disruptive tests. The hub is designed as a single high-reliability server aimed at maximum uptime.

In August, Ripple CTO David Schwartz unveiled plans for a hub dedicated to UNL validators, other hubs and servers running XRPL applications. This, as a single server, would operate as a production service aiming for maximum uptime and reliability, relying on a single hub.

Data gathered from it to understand network behavior and performance, and no disruptive testing would be done unless there were very unusual circumstances justifying it.

23.5 trillion SHIB outflow raises eyebrows

Shiba Inu is seeing an enormous exchange outflow that can change things around drastically.

• Suspicious activity. Over 23.56 trillion SHIB moved in a single day. 

More than 23.56 trillion SHIB reportedly moved in a single day, according to Shiba Inu’s on-chain data from CryptoQuant at the time of writing, which is so out of the ordinary that it practically begs for suspicion. 

If true, this would suggest significant internal reorganization by big holders or unheard-of selling pressure. However, the more logical explanation, a tracking error or data anomaly, is much simpler given the behavior of the chart and the rest of the market.

• Nothing happened. Normally, if trillions of tokens hit exchanges, the market would show widened spreads, high-volume flushes or visible price dislocation.

With no indications of unusual volatility or liquidity shocks, SHIB’s price action appears routine. It is still trapped below all major moving averages. 

Expanded spreads, violent candles or, at the very least, a discernible liquidity reaction occur when trillions of tokens actually hit exchanges. That does not appear. Volume continues to be unremarkable. Price does not even react. Clearly, trillions of new sell-side supply are not being priced in by the market.