Galaxy and Ripple answered MoonPay's scramble for $160 million amid Trump memecoin frenzy
MoonPay, the exclusive onramp to Moonshot, said it onboarded 750,000 new customers following the memecoin launch.
Keep up with what's happening in the crypto world in real-time.
MoonPay, the exclusive onramp to Moonshot, said it onboarded 750,000 new customers following the memecoin launch.
XRP currently hovers at $2.42, boasting a $139 billion market valuation and $3.9 billion in daily trading activity, with its price oscillating between $2.38 and $2.50. This narrow band mirrors a phase of equilibrium as bearish undertones temper upward ambitions. XRP On the hourly chart, a tentative rebound emerges: XRP climbed from $2.31 to $2.
Ripple's XRP started February 2025 with a bearish outlook, following a significant crash fuelled by Donald Trump's imposed tariffs. Finbold then looked into XRP historical returns and price patterns to forecast a potential target for February 28, moving forward.
Bitcoin and Ripple are showing signs of a potential breakout. Discover how state-level crypto adoption, ETF developments, and new partnerships are shaping the future of these two giants.
The ETF on XRP by Grayscale could receive approval as early as Thursday this week.
The XRP price has suffered a harsh reversal this month, moving into a bear market after falling by almost 30% from its highest level in January. Ripple (XRP) token crashed to a low of $2.
The SEC's delay in decisions, combined with leadership shifts, has led to speculation about the agency's strategy and its impact on Ripple's case and XRP price.
XRP's expansion into Brazil and Portugal is fueling speculation about its price movement, as institutional backing and global adoption continue to grow. Ripple's partnership with Unicâmbio is set to enhance cross-border payments, reducing transaction costs and increasing speed.
XRP price has continued to retrace again, falling to $2.4 from its one-day high of $2.51. Notably, the recent recovery has fueled hopes among investors towards a potential surge to $3 but the recent retreat amid a broader crypto market downturn has dampened the market sentiment.
Financial markets have been soaring since November's elections. The S&P 500 stock market index is up by 5% from election day to February 10.
With the recent upsurge in the crypto market, a top analyst called Eilert says the ADA price could rise to $4. Meanwhile, smart investors are turning to a new AI coin called IntelMarkets. Soaring on the massive interest in AI technology, the price of IntelMarkets (INTL) has risen by 810% in the past few months.
If you can find an investment that you think can quadruple your money, it's a no-brainer to buy it, even if you need to wait a few years. In that vein, there's a real chance that investing a total of $2,500 in a major cryptocurrency like XRP (XRP -2.70%) could, over the long term, become worth as much as $10,000.
Ripple (XRP) is buzzing again, this time, it's all about the legal drama with the U.S. SEC. Investors are anxiously waiting to see if the SEC will finally drop its decade-long case against Ripple. There's even talk that other crypto lawsuits, like the ones against Coinbase and Binance, might be dismissed too.
In the last seven days, the XRP market has experienced a serious drop of 4%. In the last 24 hours alone, the market has declined by over 2.9%. The big question now is: Why XRP is Dropping Today.
XRP maintains a $2.435 price level with a $142 billion market cap, surpassing Tether, while trading within established support at $2.3650 and resistance at $2.50, with technical indicators suggesting potential for movement toward $2.60 pending a clear breakout.
The massive demand came on a Saturday, when MoonPay's fiat accounts were inaccessible due to the weekend with a public holiday on the following Monday for the swearing-in.
Crypto prices witness shakeups amid United States trade wars and evolving policy stances. The last headwind for the market is Donald Trump's new tariff on steel and aluminum in the United States.
Coldware (COLD) is rapidly emerging as one of the most promising blockchain projects in 2025. With its advanced Layer-1 ecosystem, decentralized finance (DeFi) solutions, and IoT integration, Coldware (COLD) is positioning itself as a serious competitor to Ripple (XRP). Priced at just $0.
The top lawyers, including pro-XRP attorneys and ex-SEC legal experts, are stealing the top spot in the XRP news thread now. Notably, the 60-day pause in the Binance case has sparked debates about the next moves of the agency in the crypto cases.
The buzz around an XRP ETF is gaining momentum as FOX Business journalist Eleanor Terrett suggests that the U.S. SEC might acknowledge Grayscale's 19b-4 filing for an XRP ETF as early as February 13, 2025.
Ripple's XRP is currently down by more than three percent and is trading at $2.40 levels. The altcoin has shown sideways action after an impressive recovery on February 3. At present, XRP is in a sideways range, and there's speculation it could form into a triangle or possibly a continuation pattern.
MoonPay stated it had to ask for loans from Galaxy Digital and Ripple, to facilitate TRUMP meme coin purchases.
XRP price is struggling to gain pace for a move above the $2.50 zone. The price is now moving lower and might decline below the $2.30 level.
In a major development, cryptocurrency exchange Binance and the U.S. Securities and Exchange Commission (SEC) have filed a joint motion to pause their ongoing legal battle for 60 days.
