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news-imageFebruary 5, 2025

XRP News: Lawyer Reveals When US SEC Can Start Dropping Crypto Cases

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.
Publisher: Coingape
Sentiment: Neutral
XRP

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Positive
cover-imageThe Currency Analytics
February 5, 2025

XRP Rebounds 20%, Faces Key Resistance at $2.62 to Target $3.03

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.

Negative
cover-imageUToday
February 5, 2025

XRP Dives Below Key Support First Time in 6 Months

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.

Positive
cover-imageCoinPedia
February 5, 2025

Ripple Leads the Charge in US Crypto Regulation Reform

Under Trump's leadership, Ripple's CEO, Brad Garlinghouse, is excited about the recent changes happening in the U.S. crypto market, calling them a “big deal.” His excitement follows David Sacks, the U.S. Crypto Czar, pushing for clearer rules and regulations for cryptocurrencies like Bitcoin and XRP.

Negative
cover-imageCrypto Economy
February 5, 2025

Ripple Investigates XRP Ledger Halt as Consensus Issues Arise

TL;DR Ripple's XRP Ledger experienced a 64-minute network halt on February 4, due to consensus issues, affecting approximately 88,000 transactions. Validator operators manually intervened to resume operations, but it remains unclear if the network self-healed or if the intervention directly resolved the issue.

Positive
cover-imageNewsBTC
February 5, 2025

XRP To Hit $8 In The ‘Upcoming Days,' Predicts Crypto Analyst

Crypto analyst Dark Defender (@DefendDark) has released an updated technical chart that indicates XRP could be on track to reach the long-anticipated $8 price level in the “upcoming days.” The chart, shared on X yesterday, depicts an Elliott Wave structure complete with clearly defined support and resistance levels, along with a noteworthy correction currently taking place below the $3 price zone.

Positive
cover-imageThe Currency Analytics
February 5, 2025

XRP Recovers $1 in 24 Hours, Analyst Predicts $5 Surge

XRP experienced a dramatic price fluctuation, recovering from a significant dip that saw its value plummet to a nine-week low of $1.771 on Binance. This drop marked a challenging moment for XRP, which led to substantial losses in the market, especially in the derivatives space.

Negative
cover-imageCoingape
February 5, 2025

Why Is XRP Price Down 8% Today?

XRP price is once again facing strong selling pressure, crashing more than 8% and moving back to $2.50. The Ripple token fall comes as the XRP Ledger halted blockchain production for nearly an hour on Tuesday.

Positive
cover-imageBitcoinist
February 5, 2025

Barstool's Dave Portnoy Buys The XRP Dip: Drops $1 Million Bet

Barstool Sports founder and social media personality Dave Portnoy has doubled down on his crypto investments, revealing during a livestream on February 3 that he purchased an additional $1 million worth of XRP. Why XRP? Portnoy, known for his unapologetic approach to trading and gambling, made the announcement as he discussed Monday's market's downturn.

Neutral
cover-imageCoinPedia
February 5, 2025

XRP Price Prediction For February 5

The XRP market continues to be trapped within an overall larger sideways range. Recently, the market experienced a sharp decline, but the price only dropped from the top of the range at $3.40 down to the $1.96 level, which has acted as a key structural support. The $1.

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