The crypto winter seems to have advanced this year, with popular tokens losing their grip on the rally. External factors, like tariff impositions, have adversely impacted the crypto markets, which has caused massive sell-offs, including billions of outflows in the spot ETFs.
XRP fell 10.01% to $2.0015 by 01:15 (06:15 GMT) on the Investing.com Index, marking its steepest one-day decline since February 24. The drop reduced XRPs market cap to $116.14 billion, accounting for 4.41% of the total crypto market.
As institutional giants like Grayscale Investments and CoinShares seek regulatory permission for exchange-traded funds (ETFs) linked to Cardano and XRP, the cryptocurrency market is humming with activity. Many investors wonder whether committing $5,000 to ADA or XRP would produce a $50,000 return, given the possibility of significant increases upon approval.
Data released by the Ripple Stablecoin Tracker account on X shows that blockchain behemoth Ripple has resumed minting Ripple USD (RLUSD) stablecoins.
Here's why Ripple lawsuit could take awhile before SEC made a decision per policy analyst.
XRP faces crucial test at $2.00 support level while forming a bearish trend line with resistance at $2.20, as technical indicators suggest continued market uncertainty.
The U.S. Securities and Exchange Commission (SEC) held a closed-door meeting on February 27, 2025, sparking speculation about the future of the Ripple lawsuit. With the SEC recently dropping cases against major crypto firms like Coinbase, Uniswap, and Robinhood, many wonder if Ripple could be next.
XRP is currently facing a major shift in market sentiment, with Futures Open Interest (OI) experiencing a significant decline. After peaking at $7.62 billion on January 18, 2025, XRP's OI has dropped to just $3.02 billion, nearing its lowest level of the year.
The overall cryptocurrency market has climbed 24% since the presidential election in November. Donald Trump embraced digital assets during his campaign and, while upward momentum has stalled in recent weeks, some Wall Street experts still anticipate big gains in XRP (XRP -10.29%) and Bitcoin (BTC -9.57%).
XRP price has continued its fall today, losing more than 10% during writing. The current retreat in Ripple's coin comes amid a downturn momentum noted in the broader crypto market.
The Securities and Exchange Commission's increasingly favorable stance on crypto lawsuits has fueled speculation about an imminent XRP lawsuit settlement. However, experts like Jeremy Hogan believe the Ripple vs SEC case's complexity will lead to delays, predicting a conclusion no earlier than March 14.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) The market turned bearish and Ethereum has lost its support at $2,400, falling by 21% in the past seven days.
According to data provided by CoinGecko, the price of Bitcoin, the largest cryptocurrency, has crashed to $79,276, the lowest level since November.
February 28, 2025 05:46:55 UTC What Happened To Crypto Today? Bitcoin (BTC) fell below its 200-day simple moving average (SMA) on Friday, marking a 16% weekly loss and briefly dipping below $80,000 for the first time since November 10. The decline was fueled by renewed concerns over U.S. tariffs, which boosted demand for the U.S.
The ongoing trade and tariff wars, particularly with China, are causing bearish sentiment in the market. Both the stock market and crypto assets like Bitcoin are showing significant declines. This week, Bitcoin ETFs saw massive outflows. On Monday, over $500 million left, followed by a staggering $11 billion outflow on Tuesday, the largest in history.
XRP price started a fresh decline below the $2.250 and $2.20 support levels. The price is now consolidating losses and remains at risk of more losses.
Ripple has announced a strategic partnership with BDACS, a prominent digital asset custody firm in South Korea, on Thursday. The collaboration aims to advance institutional-grade custody services and expand the digital asset ecosystem, particularly for XRP and RLUSD, within the country's evolving regulatory landscape.
XRP edges higher amid SEC uncertainty. Could a dropped appeal or an XRP-spot ETF approval drive prices beyond $5?
The SEC dropped its case against Consensys today, no longer claiming that the Metamask wallet violates securities regulations. Consensys' CEO Joseph Lubin extended an olive branch to the Commission.
Ripple's XRP has managed to hold onto its critical $2 support level, but the market's current volatility and weak retail participation have raised concerns. While bullish signals are emerging, XRP's price action faces a crucial test as market sentiment remains cautious.
XRP is correcting by almost 30% in the last 30 days, with its price trading below $3 for nearly a month. The Directional Movement Index (DMI) shows a strong downtrend, with the Average Directional Index (ADX) surging above 35, indicating increased bearish momentum.
Cryptocurrency markets are struggling on Thursday as the market-wide downturn continues. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $83,057.97 -0.2% Ethereum (CRYPTO: ETH) $2,268.27 -1.2% Solana (CRYPTO: SOL) $134.86 +2.7% XRP (CRYPTO: XRP) $2.15 -1.3% Dogecoin (CRYPTO: DOGE) $0.2030 +2.3% Shiba Inu (CRYPTO: SHIB) $0.00001430 +2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 6.6% and daily active addresses falling by 0.7%.
BDACS, South Korea's first regulated custodian for institutional digital assets, unveiled a strategic alliance with blockchain firm Ripple on Feb. 26, 2025, designed to broaden safeguarded custody offerings for XRP, RLUSD, and related cryptocurrencies.
XRP stood firm as crypto markets took a beating on Tuesday. Most coins fell hard, but XRP avoided hitting new lows.
XRP traders seem to be losing confidence, resulting in futures open interest dropping from $7.62 billion to $3.02 billion.
XRP has found itself under significant selling pressure as the broader crypto market faces turbulent conditions. As of February 27, XRP has broken through a critical support zone around $2.25, a move that has heightened fears of further downside movement in the near term.
Litecoin (CRYPTO: LTC) has gained 12% over the past month, significantly outperforming Bitcoin, Ethereum and XRP, all of which are down. Traders are now eyeing further upside, especially with the ETF narrative gaining traction.
The ongoing legal battle between the SEC and Ripple has been a source of growing anxiety for the crypto community, with many eager for an end to the long-standing lawsuit. As rumors swirl around the future of the case, legal expert Fred Rispoli has voiced his opinion that the lawsuit could be resolved more quickly than many expect.
Crypto analyst Egrag Crypto has suggested that the XRP price can still reach as high as $320, providing a bullish outlook for the crypto amid the recent market downtrend. The analyst also hinted at a timeline for when XRP could reach this price target.
XRP is trading at $2.20 with a market capitalization of $127 billion, a 24-hour global trade volume of $5.43 billion, and an intraday price range between $2.16 and $2.27, indicating consolidation near key support levels as the cryptocurrency navigates a broader downtrend across multiple timeframes.
XRP, the native token of Ripple Labs, appears bearish and is poised for a significant price decline due to current market sentiment and bearish price action. As of today, February 27, 2025, XRP has dropped 4.10%, losing a crucial support level at $2.25 and shifting its sentiment toward the bearish side.
Cryptocurrencies traded in red on Thursday as Bitcoin hovered around the $85K mark. While the focus shifts to a ‘selective alt season,' top altcoins Litecoin, Solana, and XRP remained on investor and trader watch lists. Let's check what investors can expect from their price movements in the near future.
Crypto analyst Ali Martinez has published a Glassnode chart that shows a jaw-dropping decline in the amount of active whale addresses on the XRP network over the past three months.
SBI VC Trade, a popular Japanese cryptocurrency exchange that acts as a subsidiary of financial giant SBI Group, has announced the start of applications for its cryptocurrency lending service.
American blockchain payments firm Ripple Labs Inc. has placed its dollar-pegged stablecoin RLUSD in the spotlight with a new minting at the treasury. According to data from the Ripple Stablecoin Tracker on X, 3,100,000 RLUSD were added into circulation.
The Ripple lawsuit has kept everyone on edge, but with the SEC recently dropping cases against big players like Coinbase, Robinhood, and Uniswap, all eyes are now on Ripple.
Retail capital remains absent, with FOMO yet to materialize. Can XRP hold firm?
The Bollinger Bands, a popular technical tool for analyzing financial assets developed by John Bollinger, suggests that the third biggest cryptocurrency right now, XRP, may have hit its bottom.
On Feb. 25, 2025 XRP experienced a tremendous spike in network activity, with 2,054,526 transactions completed. It is unclear what is causing this surge in on-chain activity, but a likely reason is transition of funds.
Ripple Labs and South Korean crypto custody provider BDACS have formed a strategic partnership to deliver secure infrastructure for institutional players in the region, supporting assets like XRP and RLUSD.
XRP has fallen by 2% in the past 24 hours, yet Ripple's new institutional DeFi plan could boost its price massively in the long run. The post XRP Ledger Unveils Institutional DeFi Plan – Will This Send XRP to New Highs? appeared first on Cryptonews.
Ripple has introduced a roadmap to expand institutional DeFi on the XRP Ledger, featuring a permissioned DEX, a credit-based lending protocol, and a new token standard.
After days of trading sideways, XRP appears to be on the verge of a significant price move, even as broader market conditions remain uncertain.
Ripple (XRP) price has shown signs of recovery, but its potential remains uncertain compared to emerging altcoins like Pi Network and newer market entrants like Kaito token. The token's price movements have closely followed regulatory developments and overall market sentiment.
In a bold XRP price prediction, a crypto analyst claims that holding 20,000 XRP could become the holders' $190M retirement jackpot. The Ripple token has a history of struggles, with its price maintaining an average value of around $0.5 before recovering in recent months.
One of the many hopes for the new Trump administration, the end to the supposed war against the cryptocurrency industry, started bearing fruit in February 2025.
The collaboration aims to bolster Ripple's ecosystem, enhance RLUSD adoption, and tap into Korean port city Busan's blockchain-friendly economic zone.