MoonPay could not access the capital needed to provide liquidity for TRUMP transactions on its platform because the boom happened over a weekend.
XRP has been attempting to recover from a significant 25% decline, which saw its price drop from $3.00 to $2.33. While investors are hopeful for a rebound soon, the path to recovery may take some time.
Amid the rising speculation of the SEC acknowledging Grayscale's 19b-4 filing for an “XRP ETF”, the XRP price has experienced a jump of over 2% overnight. Notably, with a potential XRP ETF approval, the Ripple price may head toward a new ATH shortly.
According to analytics platform Santiment, XRP continues to see its network grow with more wallets. The same applies to Ethereum, the second most popular blockchain network.
The SEC's changing stance on digital assets is now at a critical juncture. Recently, both the SEC and Binance requested a Washington, D.C. federal judge to pause the ongoing enforcement action for two months.
The cryptocurrency business has resumed its trade today on a positive note, despite the latest CPI numbers being a pain point. Talking about numbers, the total market cap has shot up by 3.10% in the past 24 hours to $3.22 trillion. The trading volume has risen by 22.27% to $129.
Ripple's XRP has drifted to the green zone and has posted decent gains in the last 24 hours. The price is now eyeing to break the $2.50 mark and is now bouncing from an important support zone.
The cryptocurrency market is on edge as the US Securities and Exchange Commission (SEC) prepares for a crucial closed-door meeting today, February 13, 2025. While the session falls under the Sunshine Act, meaning discussions remain private, speculation is rife about its potential implications for Ripple and the wider digital asset sector.
XRP price is moving higher from the $2.320 support zone. The price must clear the $2.50 and $2.52 levels to start a fresh increase in the near term.
The ripple effect in the XRP community is palpable as the SEC gears up for another closed-door meeting, scheduled for February 13, 2025. This marks the third consecutive weekly closed session under the Sunshine Act, and the excitement is building.
The cryptocurrency market has been unusually quiet, leading to rare patterns forming on price charts. One such anomaly has emerged in the XRP vs.
Will the SEC halt its Ripple appeal? The closed-door meeting may impact XRP's legal battle, ETF prospects, and crypto market sentiment.
The crypto market continues on a rough patch, with altcoin posting lower volumes compared to last month. This comes after the sharp price drop wiped out gains recorded in January as market confidence declined.
Ripple CEO Brad Garlinghouse has acknowledged the nomination of Brian Quintenz for the role of Chairman of the Commodity Futures Trading Commission (CFTC). In a social media post, Garlinghouse emphasized the importance of the CFTC in maintaining the strength of U.S. capital markets and congratulated Quintenz on his nomination.
There were two liquidation clusters close to the price at $2.26 and $2.54, just beyond the extremes of the range.
As of Tuesday morning last week, Bitcoin has popped about 45% since the election, while altcoins like Hedera are up more than 400% over that same time frame.
Ripple CEO Brad Garlinghouse has congratulated American financial manager Brian Quintenz on his nomination for the chair of the Commodity Futures Trading Commission (CFTC).
Crypto markets are stabilizing and trending upward after an initial drop following the higher-than-expected COnsumer Price Inflation report. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,166.74 +2.2% Ethereum (CRYPTO: ETH) $2,679.72 +3.4% Solana (CRYPTO: SOL) $193.42 -1% XRP (CRYPTO: XRP) $2.44 +2.7% Dogecoin (CRYPTO: DOGE) $0.2612 +4.6% Shiba Inu (CRYPTO: SHIB) $0.00001680 +8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 3.2% and daily active addresses grew by 2.6%.
Bitcoin bears are finding it difficult to pin the price below $95,000, indicating solid demand at lower levels.
XRP, one of the leading cryptocurrencies, has recently experienced a significant downturn in its value. Over the past seven days, it has dropped by 4%, and in just 24 hours, it has fallen by nearly 2.9%.
Inflation-wary consumers are still worried about rising prices — for good reason. And, the ripple effect could mean Corporate America spending less money on digital advertising this year.
Crypto analyst Egrag Crypto has provided an ultra-bullish outlook for the XRP price, predicting it could rally to triple digits. The analyst revealed when the crypto would enjoy this parabolic rally to this price target.
Litecoin (LTC) has emerged as one of this year's strongest performers, climbing 14% year-to-date as speculation grows around a potential spot exchange-traded fund (ETF) approval in 2025. On prediction markets like Polymarket, traders have increased the odds of Litecoin's ETF approval from 50% at the start of the year to 84% today.
XRP price could drop to $1.60 if the bearish indicators seen on the altcoin's daily chart are confirmed.
Not much has been happening on the cryptocurrency market lately. So "not much" that speculation is becoming abnormal and creating patterns that rarely appear on the price charts of our beloved digital assets.
The Trump memecoin hit a high of approximately $79 one day after launching — causing widespread congestion issues across crypto platforms.
The cryptocurrency market is bracing for a potential breakthrough as speculation builds over the US Securities and Exchange Commission's approval of XRP ETFs. Though the SEC's next move is unclear, experts believe that a major announcement is imminent.
Ripple's chief technology officer and co-creator of XRPL David Schwartz has taken part in Ripple's series of educational videos called “Crypto in a minute.”
In this ongoing market uncertainty, XRP, the native token of Ripple Labs, appears to be consolidating within a tight range between $2.31 and $2.53 over the past few days. This consolidation serves as a crucial support level, reinforced by XRP's ascending trendline since late November 2024.
The SEC's decision on Grayscale's XRP ETF could significantly impact the regulatory landscape and future of crypto asset classifications. The post SEC may acknowledge Grayscale XRP ETF filing as early as tomorrow appeared first on Crypto Briefing.
With Bitcoin‘s (CRYPTO: BTC) price struggling and U.S. inflation data exceeding expectations, market analysts recommend that crypto investors holding long positions prioritize downside protection and closely monitor institutional flows. After hotter-than-expected inflation data was released, Bitcoin experienced a 2% decline to levels below $95,000, highlighting the ongoing volatility and uncertainty within the cryptocurrency market.
The crypto market was down in the early Wednesday session, apparently in response to recent remarks by Federal Reserve Chair Jerome Powell. The majority of crypto assets, including Bitcoin, XRP and Shiba Inu, are posting losses on the day as Fed Chair Jerome Powell sparked caution across the markets with his recent statement.
Despite its very impressive launch, the TRUMP token has since struggled in the crypto market. Prices have fallen over 79% from their January 19 peak.
Due to its unique characteristics, Rexas Finance (RXS) is emerging as a leading altcoin. Many experts and analysts believe it has the potential to challenge Cardano (ADA) and Ripple (XRP) in market traction. A disruptive force in asset tokenization, Rexas Finance has introduced innovative utility features and secured institutional interest.
After years of turmoil driven primarily by the pressure from the legal battle between Ripple Labs and the Securities and Exchange Commission (SEC), things started looking up once XRP gained legal clarity that it was not a security.
XRP Ledger hits 2,000+ transactions per ledger, driving adoption. Can XRP hit $5? Explore the latest price forecast and discover the best wallet for crypto staking. The post Will XRP Explode to $5? XRPL Sees Record Transaction Growth in Bullish Sign appeared first on Cryptonews.
The U.S. Securities and Exchange Commission is expected to acknowledge Grayscale Investments' application to convert its XRP Trust into a spot exchange-traded fund as early as Thursday, Feb. 13.
The lawsuit between Ripple Labs and the Securities and Exchange Commission (SEC) may be poised for a significant turning point under the agency's new leadership. With Donald Trump once again occupying the White House, Paul Atkins has been nominated as the new SEC Chairman, succeeding Gary Gensler.
XRP price has been accumulating in a tight range between $2.25 and $2.54 for the past five days, and a break outside it could be due.
The XRP Army didn't take recent comments from Eric Yakes, the author of The 7th Property: Bitcoin and the Monetary Revolution, very kindly.
XRP's short-term moving average just crossed the 50-day EMA, which could be an important signal of short-term downward volatility. Such crossover has implications for the asset's trajectory in the near term, even though it is not on a par with the 50-day EMA cross.
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.