Mining difficulty fell 2% from the previous month, which is relatively uncommon, the report said.
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.
Ripple's ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) has drawn attention within the crypto industry. The case, which began in 2020, centers around allegations that Ripple Labs failed to register its XRP token as a security with the SEC.
XRP, the third largest crypto by market cap, has gained tremendous attention lately for numerous reasons, including the possibility of the launch of XRP Spot ETFs in 2025. Notably, in the last one year, the XRP market has showcased an impressive growth of 395%.
Spot Bitcoin exchange-traded funds in the United States have returned to net inflows after President Donald Trump agreed to pause the imposition of tariffs on Canada and Mexico for a month following negotiations with their leaders.
Bitcoin Spot ETF inflows hit $341M, with BlackRock's IBIT contributing $249M.
BTC looks heavy as critical sources of fiat liquidity begin to tighten, Trump administration goes slow on creation on strategic BTC reserve and charts point to weakening upward momentum.
The Nasdaq-listed firm said it plans to build 99 MW of data center capacity for bitcoin mining with the acquisition.
The XRP Ledger (XRPL), the blockchain network that powers XRP (CRYPTO: XRP), experienced an unprecedented hour-long interruption in block production on Tuesday before spontaneously recovering, according to Ripple‘s Chief Technology Officer David Schwartz. What Happened: “The network is now recovering.
El Salvador's total Bitcoin stockpile has grown again and now stands at 6,068 Bitcoin, currently worth over $554 million.
The Ripple blockchain appears to have run into problems, which have now been resolved, according to the fintech firm.
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.
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.
Bitcoin's block size could grow to 4MB due to increased adoption of inscriptions, according to Mempool Research.
The cryptocurrency market witnessed renewed volatility on Wednesday, following a recent recovery phase. Cryptocurrency prices slid across the board, with the global crypto market cap going down 1.52% to $3.21 trillion. Bitcoin (BTC) retraced to the $98,000 level, while popular altcoins like Solana (SOL) and XRP experienced downward momentum.
Ohio is making bold moves in the crypto world, as a new bill aims to create a state Bitcoin reserve. Senator Sandra O'Brien has introduced a proposal that would allow the state's treasurer to invest in Bitcoin, making Ohio one of the growing number of U.S. states embracing digital assets.
Semler now has 3,192 Bitcoin following a recent buying spree, placing it as the 10th-largest corporate holder of the cryptocurrency.
The XRP Ledger paused block production for about an hour on Tuesday before recovering independently, marking a rare disruption for one of the oldest networks in crypto.
Bitcoin price drops 6% post-David Sacks' press conference as traders shift to stablecoins. Will BTC break above $108K or slide below $92K?
Bitcoin's climb past $100,000 was short-lived as U.S.-China trade tensions resurfaced, triggering market uncertainty. While prices briefly rebounded after President Donald Trump announced a 30-day delay on new tariffs, some analysts warn that Bitcoin could still face a correction below $90,000 if geopolitical risks intensify.
The XRP Ledger recently experienced a significant technical failure, halting block production for roughly an hour.
Financial analyst Rajat Soni has emphasized the value of owning even a fraction of Bitcoin, such as 0.1 BTC, as a potential means of securing long-term financial stability and generational wealth. Given Bitcoin's limited supply of just 21 million coins, owning a portion of this scarce asset could provide significant future value as the digital currency continues to rise in importance and value.
The crypto market on Wednesday again illustrated a volatile movement after showing signs of recovery recently. Bitcoin (BTC) price slipped back to the $98K level over the past day, whereas altcoins like Ethereum (ETH), Solana (SOL), and XRP have mainly mimicked a waning movement.
The cryptocurrency market has witnessed a sharp decline today, with the global market cap falling by 2.84% to $3.22 trillion. Trading volume also took a significant hit, dropping by 24.46% to $193.73 billion. The Fear & Greed Index currently stands at 38, reflecting a neutral sentiment among investors.
As one of the largest Bitcoin ATM operators in North America, Bitcoin Depot has added 51 BTC to its treasury holdings, bringing its total to 71.5 BTC.
The $21.7 million cash deal would give BitDeer the ability to mine BTC at some of the lowest costs in the industry.
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.
Bitdeer plans to construct a natural gas power plant and a 99 MW Bitcoin mining data center in Alberta, Canada.
XRP price recovered most losses and rallied toward $2.75. The price is now facing hurdles near the $2.70 zone and might start another decline.
Bitcoin dominance surged to 60.6%, marking a 5.01% increase in 48 hours, per CoinMarketCap. This shift suggests growing investor confidence in Bitcoin, despite market volatility.
Bitcoin (BTC) enjoyed a brief sigh of relief yesterday as the US delayed its proposed 25% trade tariffs on Mexico and Canada by a month. However, the US proceeded with its 10% tariffs on China, prompting retaliatory measures from Beijing.
Ripple's technology chief, David Schwartz, said the firm is investigating after its XRP Ledger stopped for just over an hour on Feb. 4.
Ohio Senator Sandra O'Brien wants to allow the state's treasurer to invest in Bitcoin — but no other cryptocurrency — to create the “Ohio Bitcoin Reserve Fund.”
Sacks also said that evaluating potential bitcoin reserve is a top priority and that he wants stablecoin innovation in the US.
XRP rebounds 20% in 24 hours despite whale sell-offs and trade tariff uncertainties. Will $3 hold?
The revolution is dead in El Salvador. It's a lesson for developing nations who aim to seek out economic autonomy by making crypto legal tender.
Bitcoin price started another decline from the $102,500 zone. BTC is trimming gains and struggling to stay above the $96,500 support zone.
The incident highlights the resilience and self-correcting capabilities of blockchain networks, emphasizing the importance of robust safeguards. The post XRP Ledger resumes operation after brief network halt, no loss of user assets appeared first on Crypto Briefing.
Major cryptocurrencies declined sharply on Tuesday following the announcement of a new regulatory oversight committee, with total market liquidations reaching nearly $485 million in the past 24 hours. Cryptocurrency Gains +/- Price (Recorded at 8.15 p.m.
Bitcoin price performance over the past week has been marked by volatility and mixed signals for investors. After briefly rising above the $100,000 price mark on Tuesday, BTC has since fallen back and now hovers just above $99,000.
XRPs price action has caught traders attention, surging 367% against Bitcoin since November at its peak. Now, a major technical indicator has emergeda golden cross on the weekly chart.
Bitcoin Ordinals project Taproot Wizards has secured $30 million in a funding round led by Standard Crypto, with participation from Cyberfund, Collider Ventures, and others. This follows a previous $7.5 million investment and aims to enhance Bitcoins smart contract capabilities through OP_CAT, an opcode feature enabling automated and customizable Bitcoin transactions.
Semler Scientific (NASDAQ:SMLR) has expanded its Bitcoin holdings, acquiring 871 BTC for $88.5 million between Jan. 11 and Feb. 3. The company funded the purchase through proceeds from its January 2025 senior convertible notes and the sale of a portion of its Monarch Medical (TASE:PMCN) stake.
Bitcoin (BTC) continues to be the dominant cryptocurrency in the market, captivating the attention of investors, analysts, and the broader financial world. With its current price hovering around $99,110, Bitcoin is poised to experience significant price fluctuations and potential growth in the coming years.
Bitcoin and the entire crypto market faced a sharp decline as fears of a U.S. trade war rattled investors. The price plummeted amid uncertainty, only to stage a swift recovery after reports emerged that President Trump is in negotiations with Mexico and Canada to lift the tariffs.
Bitcoin (BTC) has absorbed approximately $450 billion in additional capital since November 2022, bringing the total Realized Cap to $850 billion, according to a recent report by Glassnode. The report noted that Bitcoin has maintained a price above $100,000 for several weeks, seven years after reaching $10,000 during the 2017 bull run.
Bitcoin and the entire crypto market experienced a rollercoaster of volatility yesterday, plunging on fears of a U.S. trade war before staging a rapid recovery. The price dropped over 9% in just a few hours, hitting a low of $91,530, only to bounce back by more than 12% following reports that President Trump is negotiating with Mexico and Canada to lift tariffs.