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Bitcoin and other major altcoins, led by XRP, rebounded back on Monday night and into Tuesday morning, after being caught up in the stock market sell-off inspired by the emergence of China's DeepSeek artificial intelligence. Having tumbled below $97,000 in heavy selling at the start of the week, bitcoin remained mostly below $100K during until late evening in Europe, mid-afternoon in the US.
In the last 24 hours, with an impressive surge of 12.8%, XRP has outperformed almost all the other cryptos in the top ten by market cap list, including BTC and ETH. Reports indicate that Ripple whales have played a crucial role in this bullish momentum.
Brad Garlinghouse backs multichain U.S. asset reserve, calls Bitcoin maximalism “the enemy of crypto progress."
Bitcoin added 4% in the past 24 hours to trade around $103,000 in European morning hours, alleviating some of Monday's losses.
The crypto market has been a mess lately, with total liquidations nearing $1 billion and bulls taking most of the pain. XRP was not spared in the chaos, plunging below the $3 mark and finding a low at $2.655.
Ripple CEO Brad Garlinghouse has advocated for a US digital asset reserve incorporating multiple cryptocurrencies rather than focusing solely on Bitcoin. In a Jan. 28 post on X (formerly Twitter), Garlinghouse suggested that a future US digital asset reserve should reflect the diversity of the crypto ecosystem.
XRP maintained positive flows in comparison to Bitcoin and Ethereum amid the DeepSeek Saga. The collective weekly outflow of Bitcoin and Ethereum is $541 million, triggering speculation if XRP is the next safe option in the crypto market.
XRP has recently faced significant downward pressure, slipping over 10% in value and causing concern among traders. With the price dipping below $3, some market watchers have raised alarms about the possibility of XRP falling to $2.
Bloomberg analyst Eric Balchunas noted that the SEC had not withdrawn Tuttle's ETF filing yet, suggesting a potential approval.
XRP whales aren't backing down. To reach new highs, "HODLing" will be key in the months ahead.
The crypto market has weathered its latest bearish storm, with Bitcoin (BTC) and altcoins like XRP now above key resistance levels. At the time of writing, XRP has outgrown the combined crypto market.
Ripple CEO Brad Garlinghouse advocates for a diverse U.S. digital asset reserve including multiple cryptocurrencies
Ripple's Brad Garlinghouse pushes for a multichain digital asset reserve while Bitcoin proponents champion BTC's exclusive suitability as a reserve currency.
XRP has surged to $3.10 amid increased whale accumulation of 120 million tokens, growing trading volume, and intensifying discussions about its potential role in a national digital asset reserve.
Ripple, the crypto service provider, recently announced that it has obtained money transmission licenses (MTL) in the states of New York and Texas. This strategic expansion enhances Ripple's presence in the United States, bringing the total number of its MTL licenses to over 50 in the country.
XRP's sharp recovery to $3.12 following massive whale accumulation and regulatory wins signals potential for continued bullish momentum.
David Schwartz, the Ripple chief technology officer (CTO) and a co-founder of the XRP Ledger, has published a post to share his take on how the crypto movement has changed now compared to the earlier years of its existence.
Ripple CEO Brad Garlinghouse has come out against Bitcoin maximalism, which advocates BTC as the sole candidate for a potential national digital asset reserve.
The XRP has left its bullish price rally and entered a consolidation earlier. Although the Ripple token shows a bullish signal, the fundamental momentum has remained absent.
XRP has captured the attention of the cryptocurrency world as speculation grows over its potential for a major price surge. Despite a recent dip in its value, market analysts are predicting a breakout that could send XRP's price soaring to as high as $5.85, a potential 261% increase from its current value of around $2.81.
Ripple's XRP has surged by 11% in 24 hours as groundbreaking news unfolds, including zero capital gains tax, major regulatory wins, and hints of a resolved legal battle. Here's everything you need to know.
In the latest XRP news, the Ripple whales are making headlines with their latest buying spree. This comes amid a flurry of positive developments noted in the market, which appears to have boosted the market confidence while aiding in a strong recovery for XRP price.
Ripple's XRP cryptocurrency is under pressure along with the rest of the cryptocurrency market. The third largest cryptocurrency by market capitalization is struggling to hold on to the $3 valuation as criticism regarding the centralization of its ledger technology mounts.
Following the launch of Deepseek, the global market has experienced a significant pullback. Notably, the U.S. stock market and Crypto-verse experienced the highest losses, wiping out billions within hours. Despite the crypto market experiencing an overnight bounceback, marketers are concerned about another correction shortly.
