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The SEC has reassigned Jorge Tenreiro, its top crypto litigator, to an unspecified position in its IT Department. Instead of more enforcement, the Commission's Crypto Task Force seeks to reorient its relationship with the industry.
In a recent development, Ripple announced that its RLUSD stablecoin is now available for trading on two crypto platforms. This adds to the growing list of trading platforms that have already added support for the stablecoin, which provides a bullish outlook for the XRP ecosystem.
XRP currently trades at $2.43 to $2.46 over the last sixty minutes, down 6.4% over the past day, with a market capitalization of $142 billion, a global trade volume of $7.93 billion, and a 24-hour intraday range of $2.44 to $2.70, reflecting persistent bearish pressure in the market.
XRP (Ripple) price has experienced a sharp correction, mirroring the broader crypto market decline. The token has fallen below a key resistance level, raising investor concerns.
The U.S. Securities and Exchange Commission (SEC) has reassigned one of its top crypto litigators, Jorge Tenreiro, to its IT department. This move follows recent changes in the agency's stance on cryptocurrency regulation under the leadership of Acting Chairman Mark Uyeda.
As XRP consolidates below the $3 mark, a cryptocurrency analyst has noted that the asset's technical structure hints at a possible rally toward the $8 level.
XRP bulls anticipate rapid price highs during the next cycle peak leading to increased bull activities. After the market dip, some traders flagged the possibility of a price jump to a new all-time high.
Solana (SOL) and XRP took nearly double-digit decline in their prices on the weekly timeframe, as U.S. President Donald Trump made key tariff announcements. Bitcoin's decline drags down most altcoins, as crypto traders digest developments in artificial intelligence and the ETF hype for Solana and XRP.
Dave Portnoy, the founder of Barstool Sports and a well-known figure in the trading and gambling world, has made another bold move in the crypto market.
XRP, the cryptocurrency associated with Ripple, has shown a strong 20% rebound in the past 24 hours, reaching $2.57 despite facing significant selling pressure. While this recovery is notable, XRP continues to battle volatility, driven by ongoing concerns surrounding market conditions and whale activity.
In a recent announcement, major crypto exchange Binance has unveiled a new update that affects the perpetual contracts of multiple crypto trading pairs.
The new leadership under Trump still needs to decide the securities attributes of assets such as SOL and XRP. This is key because it's making it difficult for exchanges to place crypto coins.
XRP's latest pullback could be part of a classic Elliott Wave structure, according to one market analyst, with a target above $18 if the bulls regain their footing.
The XRP Ledger (XRPL) experienced a network halt that lasted for just over an hour before successfully resuming operations, according to statements published by Ripple's Chief Technology Officer, David Schwartz.
The XRP Ledger has fully resumed operations after an unexpected disruption in transaction validation caused the network to halt for about an hour on Feb. 5, 2025.
Ripple's XRP Ledger (XRPL) temporarily halted block production for about an hour on Tuesday due to a possible network drift. The network has since fully recovered, with no loss of assets or transactions reported.
Over 95% of RLUSD stablecoin transactions have occurred on XRP Ledger.
In the latest XRP news, the US SEC's stance on crypto lawsuits is under the spotlight again, with legal experts weighing in on potential dismissals. Renowned crypto attorney James Murphy, aka MetaLawMan, has shed light on when the agency might start dropping cases.
Bitcoin (BTC) declined marginally to fall from $99,000 to its current level of $98,100. The flagship cryptocurrency is down over 2% in the past 24 hours as it struggles to build momentum.
XRP Ledger recovered after a 64-minute halt with potential self-recovery. Around 88,000 transactions were delayed; customer funds remained secure.
The global cryptocurrency market cap is down by over $200 billion in the last seven days, while the altcoin markets have shed more than $20 billion from their total valuations within the last 24 hours.
XRP attempt to break past the $2.7 resistance level has been met with strong selling pressure, forcing the price into a fresh decline. Its failure to sustain bullish momentum has shifted market sentiment, with bears seizing control and pushing the altcoin lower.
Ripple CTO David Schwartz confirmed the XRP Ledger network is now back up and running, with no loss of user funds.
Concerns have been raised that XRP's remarkable bull run may be coming to an end after it recently broke a crucial six-month support level. Following weeks of turbulence, XRP has fallen below $2.62, which served as a solid support level during its upward trajectory.
