Top altcoins like Solana and XRP are down ahead of the Federal Reserve's policy decision, an event that could shape rate cut expectations.
On March 2, President Donald Trump mentioned Cardano's ADA (ADA) token among the cryptocurrencies to be included in the US strategic crypto reserve. Trump's March 6 executive order clarified that altcoins would be part of the Digital Asset Stockpile (DAS) under the “responsible stewardship” of the Treasury.ADA's potential inclusion in a government-managed portfolio sparked industry-wide surprise and, at times, harsh criticism.
Asset managers have filed applications for exchange-traded funds tracking both assets as interest in altcoins has risen.
Crypto analyst Amonyx has predicted that the XRP price could reach as high as $20. The analyst alluded to the XRP ETFs, which could launch soon as the fundamentals that will spark such a parabolic rally for XRP.
The Cardano price is showing bullish signals as analysts identify a potential double-bottom pattern on its weekly chart. After a prolonged downtrend, the cryptocurrency has entered an accumulation phase, suggesting that selling pressure is easing while buyers begin stepping in.
Cryptocurrency markets are trending lower on Tuesday as investors brace for tomorrow's FOMC meeting. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,037.14 -3.1% Ethereum (CRYPTO: ETH) $1,903.81 -2.1% Solana (CRYPTO: SOL) $123.88 -5% XRP (CRYPTO: XRP) $2.25 -4.8% Dogecoin (CRYPTO: DOGE) $0.1657 -5.7% Shiba Inu (CRYPTO: SHIB) $0.00001242 -5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 32.6% and daily active addresses growing by 16.1%.
Weiss Crypto, the cryptocurrency-centered subsidiary of Weiss Ratings, has commented on XRP's resilience during the broader cryptocurrency market downturn.
XRP remains in a holding pattern, according to the latest chart analysis shared by crypto analyst @CasiTrades. Despite a relatively subdued weekend, XRP continues to trade above critical support levels, indicating that the current bullish structure has not been invalidated.
Despite the rampant speculation of an upcoming outcome, the case remains ongoing and continues to cast uncertainty.
The entire crypto industry has had a recent few weeks of ugly price action and downtrend, a trend which has been reflected in crypto investment funds. Notably, digital asset funds have witnessed their worst outflow streak on record, as noted by the latest CoinShares weekly report on digital asset invesment funds.
XRP has recently experienced a brief recovery, but the cryptocurrency is facing significant challenges.
TL;DR Nasdaq filed with the SEC to list a Polkadot ETF in the U.S. on behalf of 21Shares, tracking the spot price of DOT in the market. 21Shares already offers a Polkadot ETP in Europe and seeks approval for new crypto funds, including XRP and Solana.
XRP remains one of the most interesting and eye-catching options on the alternative cryptocurrency market. Not even a 500% increase in USD valuation in recent months or rumors of an XRP ETF make it one of the main market attractions, but rather how the altcoin continues to behave against the crypto market leader, Bitcoin (BTC).
Cardano (ADA) has experienced significant market activity, with $728 million in open interest within the past 24 hours, according to data from CoinGlass.
Swiss-based Zuger Kantonalbank has expanded its crypto portfolio to include Cardano and Avalanche, alongside Bitcoin and Ethereum. This expansion, powered by Sygnum, aligns with MiCA regulations and rising global adoption, allowing customers to securely trade and invest in digital assets through the bank's e-banking platform. The post Swiss Zuger Kantonalbank Adds Cardano and Avalanche to its Crypto Offering appeared first on Cryptonews.
XRP price has formed a highly bearish chart pattern and is at risk of having a strong bearish breakdown, which could see it hit $1 in the near term. On top of this, a popular crypto analyst has warned that the Bitcoin bull cycle has ended, which could hurt altcoins like Ripple.
XRP, the fourth largest cryptocurrency by market capitalization, is trading in the red amid mixed trading action on the broader crypto market.
The battle for crypto custody is intensifying. Ripple Labs, a key player in cross-border payments with XRP, takes a new step by filing the trademark "Ripple Custody.
Crypto analyst MadWhale has raised the possibility of the XRP price experiencing a breakdown below the crucial $2 support level. The analyst also revealed the next major support if XRP drops below this support level.
XRP has plunged from a high of $2.33 to find support at $2.25 as the altcoin experienced volatility in line with the broader cryptocurrency market. This cooling down has triggered a massive liquidation among traders that bet long on XRP.
Cardano has fallen by 3% in the past 24 hours, yet major crypto analysts are predicting that it's close to staging a huge breakout. The post Is Cardano About to Shoot Up? Analyst Says a Major ADA Surge Is Near appeared first on Cryptonews.
Charles Hoskinson, mathematician and billionaire, and the creator of the Cardano blockchain, has published a tweet to respond to a recent claim about Cardano being heavily centralized and controlled by just a few entities.
Cardano (ADA) price has shown signs of a potential surge as whales have been actively accumulating large amounts of ADA. With a total of 40 million ADA purchased, many are watching closely for signs of a breakout.
Ripple has been trading within a tight range between the 100-day moving average and the crucial $1.9 support level. Further consolidation within this range is expected until a decisive breakout occurs, determining the next major price movement.
Banks and other global financial organizations are becoming more interested in XRP, the cryptocurrency and digital payment system. However, the price of the altcoin has not changed, leaving many investors and analysts perplexed.
Brazil-based asset manager Hashdex has amended its S-1 regulatory filing with the U.S. Securities and Exchange Commission to expand its crypto index ETF with seven additional altcoins, including XRP, Solana, and Cardano.
Significant price swings in XRP over the past few days have attracted a lot of attention from analysts and traders. On-chain data indicates that the volume of payments has soared even though the cryptocurrency has seen a sharp increase in transactions despite remaining in a downward channel.
Analysts from QCP Capital suggest that while a rate cut is unlikely, any dovish signal could ignite upside momentum for bitcoin, potentially lifting altcoins in its wake.
Pro-XRP lawyer John E. Deaton delivered a scathing critique of the Securities and Exchange Commission's (SEC's) legal team on March 17, alleging a pattern of unethical conduct and behavior that extends far beyond a single enforcement action.
XRP price has dropped significantly but a potential case withdrawal by the SEC is building a bullish undertone that could trigger an upsurge.
Ripple Labs introduced a trademark for “Ripple Custody”, suggesting a possible entry into the custody sector for the American fintech firm.
XRP has managed to carve out a dominant position in a high-demand niche for itself. In spite of that success, the longstanding lawsuit between Ripple and the Securities and Exchange Commission (SEC) has been a stone around the cryptocurrency's neck.
Cryptocurrency analysts predict XRP could reach between $13 and $333 in future market cycles despite current volatility and trading around $2.34.
Ripple expands RLUSD supply with a $25M token mint on Ethereum, doubling its market cap to $169.5M in under two months.
The SEC vs. Ripple lawsuit is nearing its end, sparking speculation about its potential impact on XRP price.
The Ripple vs. SEC case continues to create uncertainty for XRP. Many in the crypto community hope a settlement will push the price up, but lawyer Bill Morgan has raised concerns. He believes that the case's uncertain outcome is putting pressure on XRP.
Since the start of this year, speculations around the potential settlement of the lawsuit between the United States Securities and Exchange Commission (SEC) and Ripple Labs have remained volatile. As pro-crypto lawyer Bill Morgan projected on X, this uncertainty in the lawsuit's resolution might constantly negatively impact the XRP price.
Cardano (ADA) has been experiencing a period of fluctuating price action. Despite efforts to recover, ADA has faced challenges in maintaining its upward momentum.
Swiss bank Zuger Kantonalbank has broadened its cryptocurrency offerings, adding Cardano (ADA) and Avalanche (AVAX) to its digital asset portfolio through a collaboration with crypto-focused Swiss bank Sygnum. The move underscores the growing integration of traditional banking with digital assets, as regulatory clarity strengthens across major financial jurisdictions.
The crypto market is abuzz with anticipations of an imminent settlement of the Ripple SEC case, potentially impacting the XRP price. While many remain optimistic about a possible surge in the token's price following a favorable outcome, lawyer Bill Morgan sounded alarm.
XRP price has lost the momentum it had late last year. Ripple has remained in a wide range between the crucial support at $2 and the resistance point at $3.40 this year. It is not moving in a well-defined trend and has formed the risky head and shoulders chart pattern.
Ripple Labs has recently filed a trademark application for "Ripple Custody", continuing its expansion.
Cardano (ADA) risks a 45% drop as a double top pattern threatens a bearish reversal. Meanwhile, the Cardano Foundation confirms NASA collaboration, but whale selling persists.
Enterprise blockchain company Ripple has minted an additional 28.2 million Ripple USD (RLUSD) tokens over the past 24 hours.
Swiss bank Zuger Kantonalbank has added Cardano and Avalanche to its cryptocurrency offering through a partnership with crypto-focused bank Sygnum.
The altcoin's long-term holder NUPL underlined euphoria in the market - A classic sell signal.
The cryptocurrency market remained volatile on Tuesday, with most major tokens trading sluggishly as investors awaited the Federal Reserve's upcoming policy meeting. Bitcoin (BTC) held steady around the $83,000 mark, while XRP and Solana saw steeper declines. The global cryptocurrency market cap edged down 0.26% to $2.