Data shows the Dogecoin Open Interest has seen a large drop recently. Here's how the trend has compared for Shiba Inu and other memecoins.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Dogecoin price is currently trading within a symmetrical triangle pattern, a chart formation often associated with potential breakout moves. The pattern forms as price action converges within narrowing trendlines, indicating a phase of consolidation.

Investors turned to Altcoins, which has the potential for positive returns. They began tracking the rise of coins like Dogecoin (DOGE) to identify the best-performing options. Rexas Finance (RXS) and Ondo, each priced below $5, along with Cardano (ADA), also showed growth.

The Pepe price has been navigating extreme volatility throughout February, but recent whale activity may be hinting toward a bottom. The post PEPE Trading Volume Explodes 164% – Are Whales Preparing for $1 PEPE? appeared first on Cryptonews.

The Pi coin finally launched on the mainnet today, which has already led to predictions on how high the crypto could rise following the launch. Now, crypto analyst Gem Hunter has provided a bullish outlook for the coin, suggesting that it could even surpass the XRP price after it gets listed on Binance.

XRP has been steadily recovering from recent price setbacks, showing strong bullish potential. The altcoin has been moving in an upward trajectory, backed by large wallet holders known as whales.

The same analyst who predicted the XRP price crash below $2.50 is now eyeing a surge as the altcoin navigates heightened volatility. The post Pundit Who Predicted XRP's Crash Now Says It's Ready to Soar – How High Can XRP Go? appeared first on Cryptonews.

Cryptocurrency mogul Mike Novogratz has weighed in on the staying power of the Ripple-affiliated XRP token during a recent appearance on "Galaxy Brain" alongside Pantera Capital founder Dan Morehead.

Amid market uncertainty, Ripple rival Stellar (XLM) has reached a critical make-or-break level, leaving investors and traders uncertain. The past few days have been unfavorable for the XLM token, with a 38% price drop. However, recent gains over the past two days appear to be shifting market sentiment.

With 200 million potential investors, will Brazil's XRP ETF reshape crypto adoption?

BBRL is slated for launch by the end of Q1 2025.

The US Securities and Exchange Commission (SEC) has taken a significant step by acknowledging XRP ETF applications from multiple asset managers, including CoinShares, Canary Capital, and WisdomTree. In response to the development, XRP lawyer John Deaton reflected on Ripple and XRP's evolution over the past four years.

XRP has defied market trends, posting a 297% gain against Bitcoin since November. Whale accumulation continues, reinforcing bullish sentiment.

Ripple and Brazilian financial heavyweight Braza Group have announced the launch of a new stablecoin on the XRP Ledger (XRPL). The stablecoin, called BBRL, is pegged to the Brazilian Real and is designed to offer secure, cost-effective solutions for both individuals and businesses.

Such a move would push DOGE to well above $0.3.

A crucial call to action has been issued to XRP Ledger nodes and validators as the UNL migration to the new XRPL Foundation begins.

The official X account of Dogecoin has published a tweet debating an article which states that Bitcoin is not a meme coin.

On-chain data shows the XRP whales have participated in a large amount of net buying recently, a sign that could be bullish for the asset's price.

XRP's (CRYPTO: XRP) latest surge follows the SEC acknowledging CoinShares' spot XRP ETF filing and Donald Trump's media post referencing Ripple's business—fueling speculation about XRP's role in future crypto adoption. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.69 $155.6 billion +3.5% +10.3% Bitcoin (CRYPTO: BTC) $97,546.59 $1.93 trillion +1.5% +1.7% Ethereum (CRYPTO: ETH) $2,747.97 $331.4 billion +1.2% +3.5% Trader Notes: Crypto chart analyst Ali Martinez highlights that XRP is forming an ascending triangle, positioning for a breakout that could lead to a 26% rally.

US Treasury Secretary Scott Bessent discusses attacks on Elon Musk's Department of Government Efficiency and whether or not the idea of returning a portion of money found by DOGE to American citizens would be inflationary. He speaks on “Bloomberg Surveillance.

In mid-February 2025, XRP experienced a strong resurgence in the cryptocurrency market. It enjoyed its first significant rally on February 13 and February 14, when it rose from about $2.40 to above $2.80.

XRP, the native token of the Ripple network, has experienced a period of downward movement, losing about 21.72% of its value in recent times. This decline was largely due to intensified selling pressure and broader market factors.

XRP's market activity has taken a noticeable downturn as whale transactions fall off. According to the latest on-chain data, only 240 million XRP moved in the last 24 hours, suggesting a significant drop in large-scale transactions.

XRP trades at $2.69 on Feb. 20, 2025, as bullish momentum contends with critical resistance levels amid mixed technical signals. XRP The 1-hour chart shows XRP stabilizing between $2.65 and $2.75, forming higher lows within a tentative ascending trend. Immediate resistance at $2.75–$2.80 remains pivotal; a breakout with volume could propel prices toward $2.85.

Brazil's CVM has approved the world's first XRP-based ETF, managed by Hashdex, marking a significant step in institutional crypto adoption amid growing interest in XRP investment products.

Amid the bustling crypto market, Brazil marks a historic turning point by approving the world's first XRP spot ETF, while a local bank prepares to launch an innovative stablecoin on the XRP Ledger network.

Today, buyers are trying to keep the price of the Ripple (XRP) coin above the moving averages.

A jaw-dropping 100 million Dogecoin (DOGE), worth about $25.4 million, just landed on the world's largest exchange Binance. Not the usual pattern - lately, most big transactions have been withdrawals.

Cryptocurrencies traded slightly higher across the crypto market on February 20. As top coins Bitcoin, Ethereum and XRP flipped green, the total market cap rose 1.6% to $3.2 trillion. BTC dominance remained high, at 60.2% and ETH dominance stood at 10.

XRP (XRP 3.76%) and Bitcoin (BTC 1.18%) have plenty of catalysts to support their future growth, and it's common knowledge that financial institutions around the world are adopting both coins for various reasons. But there's one new trend in particular that's driving those same financial institutions to take more interest in these two coins.

It's a major win for Ripple ($XRP) as Brazil's securities regulator Comissão de Valores Mobiliários (CVM) approved the world's first $XRP spot exchange-traded fund (ETF). The news is yet another big step in the company's expansion, which already includes partnerships with central banks.

The U.S. Securities and Exchange Commission (SEC) has set a deadline for deciding whether to approve multiple exchange-traded funds (ETF) that track the price of Ripple-promoted XRP directly.

Brazils Comissão de Valores Mobiliários (CVM) has approved the countrys first spot XRP exchange-traded fund (ETF), the Hashdex Nasdaq XRP Index Fund, set to trade on the B3 exchange. The decision, announced on February 19, coincides with an 8% surge in XRP price over the past 24 hours, pushing it to $2.72, just 20% below its all-time high.

The U.S. Securities and Exchange Commission (SEC) has acknowledged a spot XRP ETF filing from Cboe BZX Exchange on behalf of Canary Capital, marking a key milestone in the crypto ETF sector. This acknowledgment initiates the SECs formal review process, which will determine whether the proposal secures regulatory approval.

Ten years is an incredibly long time -- especially in the volatile crypto world. Want an example?

In a video on Wednesday, the popular YouTube channel More Crypto Online offered an analysis of Dogecoin's price structure, suggesting that the meme-inspired cryptocurrency could be on the cusp of a breakout or breakdown—provided it falls below critical support levels. The analyst's outlook centers around Elliott Wave counts, potential consolidation patterns, and pivotal price thresholds that could define Dogecoin's short-term trajectory.

A Dogecoin whale's recent decision to offload a whopping 100 million coins has set off severe investor concerns on Thursday. The crypto whale or large-scale investor, reflected a loss of confidence in the meme-themed asset primarily attributed to the current broader market volatility.

Ranking 6th in BACEN's interbank market operations, Braza Group aims to strengthen the digital economy in Brazil. They also seek to enhance the digital economy in South America with this innovative digital asset.

In the past 24 hours, XRP's price has jumped by more than 5%. This bullish momentum has sparked renewed interest among traders and investors.

Sometimes, even the most bullish traders get surprised. That is exactly what happened with XRP.

XRP surged ahead of Bitcoin and Ethereum in the past 24 hours after securing its first spot exchange-traded fund (ETF) approval in Brazil. Data from CryptoSlate shows that the token's value jumped by 6% during this period, reaching $2.75, making it the best performer among the top 10 cryptocurrencies by market capitalization.

XRP (XRP 4.93%) and Bitcoin (BTC 1.32%) remain two of the most-watched cryptocurrencies even after years of being in circulation, and they've earned that distinction by providing value to investors all the while. But with Bitcoin's protocol largely unchanged, and XRP's rapid ascent showing no signs of slowing, it makes sense to question whether the relative position of these two giants might switch, with Bitcoin falling out of favor compared to the newer competitor.

TAO is the top performer from the larger-cap alts today.

Brazil is preparing to launch the world's first spot XRP ETF, marking a significant evolution in the digital asset sector.

The demand for XRPL products and services has increased in the recent past bolstered by Ripple Labs' strategic partnership, thus bolstering macro bullish sentiment for XRP.

XRP was among the top performers in the top ten market cap rankings of cryptocurrencies on Wednesday, surging by more than 7% before Wednesday's close.

XRP (XRP 5.89%) is the native digital asset on the XRP Ledger, the blockchain created by financial technology company Ripple to simplify cross-border transactions. XRP peaked around $3.30 in January after advancing more than 550% following the presidential election in November.