Ripple price remains in a deep bear market as the softness in the crypto industry continued this week. Ripple (XRP) has dropped by 30% from its January high, erasing most of the gains made earlier this year.
Bitcoin ETFs saw a net inflow of $171 million to close out the week positively while ether ETFs experienced no net inflows or outflows, ending a six-day streak of positive inflows. Bitcoin ETFs Close the Week With $171 Million Inflow Bitcoin ETFs experienced a net inflow of $171 million on Friday, Feb.
Analyst and trader Jason Pizzino is saying that the crypto market is possibly at the tail end of the cycle. In a new video, Pizzino tells his 348,000 YouTube subscribers that for the current cycle, most of the gains “have been had already.
John Deaton, XRP holders' lawyer in the legal battle between Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC), has called out Bill Hinman, the agency's former Director of the Division of Corporation Finance. The callout hinges on how he has continued to gaslight the XRP ruling that states that the retail trading of the coin on secondary platforms is not a security.
Even if you factor in the recent wobble, Bitcoin (BTC -2.11%) has been on a tear recently. It's gained almost 55% in the past six months, setting new all-time highs as quickly as Michael Phelps in an Olympic swimming pool.
Major asset managers are now vying to introduce the first spot XRP exchange-traded funds (ETFs) in the U.S. in the wake of Bitcoin and Ether's approvals in 2024.
The Hong Kong government has approved the use of BTC and Ethereum for immigration applications. Travelers can use these coins as proof of assets required by authorities.
XRP Depository Receipts (DRs) will soon launch, allowing accredited investors to access XRP through regulated financial products. Anchorage Digital will custody XRP DRs, ensuring compliance under the U.S. Office of the Comptroller of the Currency (OCC).
Bitcoin, the world's largest cryptocurrency, has undergone a significant transformation. Once known for its extreme price swings, BTC has now reached an unprecedented level of stability.
A crypto trader has predicted Bitcoin price to break $150,000 this cycle despite present conditions. Several analysts have called for a higher Bitcoin price this year, citing institutional inflows as adoption hits the roof.
The difference is actually quite smaller between the two now, compared to December, 2024.
The price of Bitcoin (BTC) has rebounded after falling to $95,678. BTC price analysis on February 8, 2025 by Coinidol.com.
Bitcoin (BTC) surged above $100,000 before a flash correction as low sentiments grip traders. This came on the heels of a slowing job report in the United States, setting the tone for cooler Fed policies.
XRP has faced a sharp decline, tumbling 26% in just four days and landing at a critical support level of $2.17. The sudden drop has left traders questioning whether this is a temporary correction or the start of a deeper downtrend.
And if the disappointing figures of American employment were hiding a backdoor to an unprecedented opportunity for Bitcoin? While the media is mired in economic forecasts, another story is quietly weaving itself: that of a cryptocurrency ready to defy the gravity of traditional markets.
BTC's RC-Deviation metric hitting 3X means the market may be nearing its peak right now. Or does it?
Bitcoin (BTC -1.84%) continues to prove its skeptics wrong. As of this writing on the afternoon of Feb. 7, it trades at $97,300 per coin.
Bitcoin price has continued to stay in the red today, hovering around the $96K mark following a short-term pump after the US job data gave some relief yesterday. Notably, the latest US job data indicates a cooling labor market, which could give more space to the Federal Reserve to move with their rate cut plans.
XRP has faced increasing selling pressure as bearish market conditions have pushed the altcoin to a monthly low. Investors looking for a recovery may be disappointed, as the altcoin remains vulnerable to further declines.
In a recent X post, Robert Kiyosaki, the author of Rich Dad Poor Dad and a well-known venture investor and entrepreneur, recently shared his views on Bitcoin with his followers. He tweeted a brief Q&A, addressing a common question he receives about Bitcoin and sharing his thoughts on it.
The world of traditional finance is increasingly intertwined with that of Bitcoin, and BlackRock's recent moves only confirm this dynamic. Indeed, the asset management giant, with its $11.6 trillion under management, has just increased its stake in MicroStrategy, now rebranded as Strategy, to 5%.
Florida proposes a bill to invest state funds in Bitcoin, capped at 10%. Bitcoin continues to gain adoption from institutional giants and the State government.
Bitcoin is currently trading below the $100K mark, with no clear trend in sight. After an intense period of volatility, bulls lost control last weekend, failing to sustain momentum for a breakout above all-time highs.
Global trade war concerns may pressure Bitcoin below the key $93,000 support in the short term, analysts told Cointelegraph.
The talk about Ripple's (XRP) to be involved in the U.S. digital reserve is getting everyone excited! Pro-XRP lawyer Fred Rispoli made an interesting statement about the inclusion of XRP. He outlined the target for XRP to reach if it needs to qualify for the race of US reserve.
Chris Burniske, a former crypto lead at Cathie Wood's Ark Invest fund, has taken to his account on the X social media platform to respond to a question from an X user about the current pullback in the middle of the bull market.
Did you know that Bitcoin can now store digital art and collectibles, just like Ethereum NFTs? That's right! Enter Bitcoin Ordinals—a game-changing innovation that lets people inscribe data directly onto the Bitcoin blockchain.
If you don't already hold some Bitcoin (BTC -1.14%), there's a very good chance that buying it could help to round out your portfolio. Even a relatively small position, like perhaps $2,500, is enough to give investors exposure to this critical asset.
Bitcoin's recent dip in February has left many puzzled, but analysts believe it's more than just market noise. After a terrific start in January of hitting an ATH of $109K, February gave the most shocking chills to the traders. Bitcoin's price dipped 1.11% in the last 24 hours, now at around $96,148.
Bitcoin's price remains under pressure, struggling to maintain momentum as investors await a critical US employment report. The cryptocurrency has been trading near $97,000, with concerns growing that a strong job market report could create downward pressure on risk assets, including Bitcoin.
This week, the crypto market recorded several important developments, from US trade policies and token listings to blockchain and regulatory advancements. The highlights display how the global cryptocurrency ecosystem continues to advance.
Florida Republican Senator Joe Gruters has introduced a bill proposing that the state allocate a portion of its funds to Bitcoin and other digital assets as a hedge against inflation. The post Florida Senator Proposes State Investment in Bitcoin to Hedge Against Inflation appeared first on Cryptonews.
LINK and SUI are among the poorest performers from the larger-cap alts.
Bitcoin (BTC) frenzy is sweeping across the US following Donald Trump's victory in the November presidential election, with Kentucky becoming the latest state to introduce legislation aimed at establishing a Bitcoin reserve. Kentucky Joins The Bitcoin Reserve Club Kentucky has become the 16th US state to introduce legislation seeking to create a Bitcoin reserve.
John Deaton accuses Bill Hinman of favoring Ethereum due to conflicts of interest and ties to Ethereum-related entities during his SEC tenure.
Bitcoin's price remains in a phase of indecision, bouncing between key support and resistance levels. The world's largest cryptocurrency has been unable to break past $98,000, leaving traders and investors wondering whether the next move will be up or down.
Bitcoin price has declined by six percent in the last week amid FUD sentiment caused by tariff wars. Here's why a reversal is imminent.
Will the institutional craze on CME ETH yield boost ETH's recovery odds?
Bitcoin sellers are grappling with a decisive support zone at the 100-day moving average, with a potential breakdown paving the way for a retest of the critical $90K region. However, heightened volatility is anticipated, as price action will dictate the market's next direction.
Sławomir Mentzen has committed to establishing a Bitcoin reserve for Poland if elected, like U.S. President Donald Trump. Poland's National Bank (NBP), led by Adam Glapiński, firmly rejected Bitcoin for national reserves concerning over security and stability.
DeepSeek is the new open-source large language model (LLM) AI chatbot that made headlines in January after Apple store downloads flipped ChatGPT. So, we asked it about BTC prices in 2025.
Onchain RWAs are gaining traction as Bitcoin's price struggles, with market commentators predicting TVL could hit $50 billion in 2025 as demand grows.
Bitcoin price remained under pressure this week as trade concerns remained, but two rare patterns point to an eventual rebound. Bitcoin (BTC) wavered, while the crypto fear and greed index slipped to the fear zone of 35 this week.
PNC Bitcoin Exposure reaches $67M, with major investments in Bitwise ETF, reflecting increased institutional involvement in crypto assets.
Russia's main federal investigating authority is proposing new legislation for Bitcoin that could potentially criminalize its transfer through third parties. Russia's Investigative Committee has put forward a proposal that could potentially affect the country's cryptocurrency market.
The cryptocurrency market is currently experiencing heightened volatility, with many top tokens losing crucial support levels. XRP, one of the largest altcoins by market capitalization, has not been spared from this bearish trend.
XRP price has recorded some recovery and stayed in the green today amid a flurry of positive developments in the market. Notably, the ongoing discussions over the crypto being added to the US national reserve asset list have intensified with recent reports of Ripple CEO joining Trump's Crypto Council board.