XRP price dived to its lowest point in 12 days as the cryptocurrency sell-off accelerated amid fears surrounding DeepSeek. Ripple (XRP) dropped to $2.
In a latest development, Ripple has obtained Money Transmitter Licenses (MTLs) in New York and Texas, further expanding its presence in the U.S. These licenses enable Ripple to offer compliant cross-border payment services, enhancing its ability to provide financial institutions and crypto businesses with faster, more efficient payment solutions.
San Francisco-based enterprise blockchain company Ripple has received Money Transmitter Licenses (MTLs) in New York and Texas, according to a Monday announcement.
Ripple was awarded financial licenses in New York and Texas, which allow the firm to extend its payment services to more U.S. users.
What's really behind the crypto community's divide?
The price action of XRP against leading cryptocurrency Bitcoin (BTC) has long been one of the main topics of crypto market discussion, and as it seems from recent developments that it will not go away in the near future.
Ripple has secured Money Transmitter Licenses (MTLs) in New York and Texas, marking another step in its U.S. expansion. These licenses, crucial for offering compliant cross-border payment services, strengthen Ripple's ability to provide financial institutions and crypto businesses with faster and more efficient payment solutions.
A new XRP price prediction has surfaced, with a crypto analyst forecasting that the popular altcoin will experience a dynamic surge to $5.85 in the new week. Based on the Elliott Wave Theory and key technical indicators, the analysis outlines how XRP could see a significant upside after breaking out a symmetrical triangle pattern.
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) remains one of the most pivotal cases in the cryptocurrency world. Ripple has recently requested a deadline of April 16, 2025, to respond to the SEC's appeal, adding a new twist to this high-profile dispute.
The world of cryptocurrencies has experienced a major upheaval, marked by the spectacular rise of XRP, the token of Ripple. Usually dominated by Bitcoin and Ethereum, market attention has shifted at the end of 2024 towards this cryptocurrency, which has seen its market capitalization soar by 246% in just three months.
Ripple's expanded regulatory approvals in key US states enhance its competitive edge in the evolving cross-border payments landscape. The post Ripple obtains Money Transmitter Licenses in Texas, New York appeared first on Crypto Briefing.
Industry players across the U.S. are enthusiastic about what the next four years have in store, the firm said.
The company now holds over 55 Money Transmitter Licenses in the US. Its domestic hiring in the country has also doubled since 2023.
Ripple-promoted cryptocurrency XRP, Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) nosedived by double-digits on Monday morning, a casualty of a badly bleeding crypto market as Bitcoin, the world's largest cryptocurrency by market cap, fell under the psychologically important $100,000 level.
Last week XRP replaced tether (USDT) as the third largest cryptocurrency by market cap. As Trump's inauguration approaches, anticipation of a crypto-friendly agenda—including regulatory reforms and a potential Bitcoin reserve— reached a fever pitch. This editorial is from last week's edition of the Week in Review newsletter.
Different coins are bleeding red on the broader cryptocurrency market as most have crashed below critical support levels. XRP has followed the same trajectory, losing about $0.43 within the last 24 hours of trading activities.
Cryptos are once again captivating attention as 2025 promises to be rich in upheavals. Thus, Bitcoin, Solana, and XRP, close to their historical peaks, could enter a phase of accelerated growth thanks to three major engines.
Popular cryptocurrencies like Stellar (XLM) and Shiba Inu (SHIB) just got a new leg up in their adoption, with listings against Circle's major stablecoin USDC on Bitget's platform. The exchange is considered one of the big players in the crypto space, with daily trading volume of $2.68 billion and total assets of $5.9 billion, according to CoinMarketCap.
Samson Mow, vocal Bitcoin supporter and the chief executive officer at the JAN3 Bitcoin adoption-focused company, has issued a tweet about the third largest cryptocurrency XRP and its recent price drop.
With XRP losing the $3 support amid a broader cryptocurrency market sell-off, an analyst is projecting the asset is poised for a notable price move based on technical indicators.
Bitcoin receives the lion's share of attention from crypto investors. Fair enough.
The crypto market buzzes with speculation about XRP's chance to reach $10, which represents a remarkable achievement for Ripple's native token. However several market experts now focus on a different asset called Yeti Ouro (YETIO) which many think could hit this target first.
Price action in the past 24 hours has seen XRP break below the $3 mark again. XRP initially managed to cross above the $3 mark on January 15, a move that marked a notable milestone in trading above this level for the first time in seven years.
The cryptocurrency market is once again at a crossroads, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) showing signs of potential downward corrections. After months of bullish rallies driven by institutional interest and favourable macroeconomic conditions, market indicators now suggest a weakening momentum.
Solana price crashed on Monday, mirroring the performance of other cryptocurrencies. The drop is also because of the stock market sell-off after the DeepSeek success and the potential for a hawkish Fed.
Sellers continue their pressure from the beginning of the week, according to CoinMarketCap.
XRP failed to hold above $3 and the price action is now turning bearish. Key Support levels: $2.6, $2, $1.6 Key Resistance levels: $3, $3.3 1.
BNB experienced remarkable growth in 2024, climbing 134% year-to-date and reaching a $100 billion market cap for the first time in three years. Yet, 2025 has started on a more challenging note, with a 12% drop in price, leaving many investors questioning whether BNB can recover and maintain its upward trajectory.
There is a notable decline in institutional interest in Bitcoin, Ethereum, and XRP. The same sentiment is reflected in their prices, leaving the community wondering what's next now that US President Donald Trump has reaffirmed his intention of making the US a crypto capital of the world.
After spending years in the relatively narrow range with a center of gravity near $0.50, XRP went on a remarkable rally after Donald Trump was re-elected in November 2024. Indeed, the token is up 433.17% in the last 12 months, to its press time price of $2.83.
XRP, ADA, and BNB crash as crypto markets tumble amid tech stock turmoil linked to China's DeepSeek AI. Key levels and bearish setups analyzed.
An online confrontation broke out between the Bitcoin and XRP communities over the weekend, fueled by former President Donald Trump's last weeks' announcement of a “Digital Asset Stockpile” under his administration's newly unveiled crypto executive order.
Speculation intensified after rumors about a now-deleted post by Elon Musk. The Twitter/X owner allegedly commented that “XRP is looking quite promising” before removing the post within 20 seconds.
XRP price dropped more than 10% today, slipping below the brief $3 amid a broader crypto market crash. Amid this, a flurry of market watchers predicts a potential slip to $2 for Ripple's native crypto, especially with soaring tensions between the XRP community and Bitcoin maxis.
Since reaching an all-time high of $3.41, XRP has faced significant downward pressure, causing it to fall below the $3 threshold.
XRP has entered a correction phase after failing to break above $3.20, testing support at $2.940 before showing signs of potential recovery amid technical consolidation.
XRP has seen an impressive rally, but recent price drops have raised questions about its next move. Will it bounce back stronger or face a deeper correction?
The crypto market started the yearly trade with a massive bullish push that helped the XRP price reclaim its levels not visited in the past 7 years, surpassing $3.3. However, the crypto markets are facing major turbulence, due to which the XRP price is plunging hard after losing the key support at $3.
The fact that XRP has dropped below the crucial $3 threshold indicates a change in its recent upward trend. If this breakdown does not happen right away, it might lead to more declines.
Over the last 24 hours, the majority of the top 10 cryptocurrencies have experienced notable price declines, with some seeing drops as high as 12%. Bitcoin (BTC) fell by 5.84%, dipping to $98,809, while Ethereum (ETH) saw a 7.85% drop, reaching $3,077. XRP also experienced a 10% decline, falling to $2.82.
In a fiery statement, Mallers accused Ripple of “undermining American prosperity and freedom.” He claims Ripple is spending millions to block a U.S. Bitcoin reserve.
The cryptocurrency market has experienced a strong bearish pullback today dropping 6.73%. Reportedly, the market has experienced liquidations of over $28 billion, making this the highest fall since the U.S. election in 2024. Following this, the Bitcoin price has plunged below the $100k mark, indicating a bearish outlook.
XRP has recently been showing signs of a shifting market dynamic, with both aggressive sell-offs and increased buy orders. This combination of whale activity and retail investor participation signals that XRP could be on the brink of either a breakout or a correction, with the key resistance level set at $3.20.
The cryptocurrency business has entered a corrective phase, mirroring the U.S. stock market hit by DeepSeek Chinese AI startup. Successively, the market cap has slipped 5.11% to $3.43 trillion in the past 24 hours. Meanwhile, trading volumes surged by 38.17% to $112.29 billion, indicating active participation amid volatility.
Traders of BTC-tracked products lost $238 million in the past 24 hours, majorly in early European and Asian afternoon hours.
Meanwhile, most crypto analysts remain highly bullish for XRP.
The cryptocurrency market records a liquidation of over $613 million in 24 hours with Bitcoin price struggling to hold its value above the $100k mark. Further, the XRP price has dropped below $3 by dropping over 6% in 24 hours.
XRP price has currently dipped below the crucial $3 mark and is now trading at $2.90 levels. The price is down by more than seven percent in the last 24 hours. XRP's price action suggests the completion of a triangle pattern, which has now broken to the downside.