Despite the bullish factors, XRP's price is down by over 20% in the last week.

Cboe BZX Exchange filed four applications for spot XRP ETFs with the SEC. SEC has 45 days to review, with possible extensions up to 90 days.

XRP (XRP -2.33%) and Solana (SOL -1.51%) are two major cryptocurrencies that have been generating a lot of wealth for their investors during the past few years, including those who only invested a modest sum of money. However, it takes more than just buying and holding these coins to make a relatively formidable bag of cash, like $10,000.

After four days of losses, XRP has retreated to a crucial resistance-turned-support level at $2.17. Even though the downward trend has persisted, there are indications that it might be abating, indicating that a big change in the mood of the market may be imminent.

XRP whales seized the recent market dip to accumulate 520 million tokens. The question now is whether this is part of a larger accumulation trend or just an isolated event.

Ripple (XRP) remains above the crucial $2 support level as market participants speculate on its potential surge. Despite recent fluctuations, the Ripple has retained investor interest.

The XRP whale investors accumulated over 520 million coins in the recent correction, as US fund managers prepare to offer spot XRP ETFs in the near future.

The Cboe BZX Exchange has submitted form 19b-4 filings to the US Securities and Exchange Commission (SEC) to list and trade spot XRP exchange-traded funds (ETFs) for several asset managers.

Is this just a temporary dip, or is XRP gearing up for a parabolic rally?

The crypto market has always been marked by periods of extreme volatility, where panic and opportunities intersect in an instant. Indeed, the recent crash on February 3rd once again illustrated this reality.

The Ripple whales are making headlines in the latest XRP news with their continuing buying trend. According to data, the whales have bagged more than 500 million tokens amid the recent price dip, indicating the still bullish momentum hovering in the market.

The crypto market continues displaying mixed price action, highlighting increasing uncertainty. Moreover, top crypto tokens have plunged below their important support levels. With this, the Ripple token recorded a similar price action, resulting in increased bearish sentiment.

This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) The Monday crash took crypto by surprise during a historic liquidation event.

XRP's price continued to remain under severe pressure on Friday. At the time of writing, XRP price was down over 6%, trading at $2.30 after hitting an intraday low of $2.29 and a high of $2.46. The coin has seen a weekly decline of around 25%.

Bitcoin's price has dropped almost 9% over the last week, leading to a broader downturn across the crypto market.

The cryptocurrency market is experiencing a strong downturn today, with the global market capitalization shrinking to $3.26 trillion after a 3.76% drop in the past 24 hours. Trading volume, however, has increased by 3.72%, reflecting growing market activity amid selling pressure.

Eric Balchunas defines the move as a small step in the change of leadership.

At the ONDO Finance Summit 2025, Ripple's Chief Technology Officer (CTO), David Schwartz, shared his thoughts on the future of Ripple, the broader cryptocurrency space, and the company's ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).

On Thursday, the Chicago Board Options Exchange (Cboe) initiated a pivotal regulatory step by submitting 19b-4 filings to the U.S. Securities and Exchange Commission (SEC) on behalf of four prominent asset management entities—Bitwise, Wisdomtree, 21shares, and Canary Funds—to advance proposals for spot XRP exchange-traded funds (ETFs).

XRP is eyeing a potential golden cross against Bitcoin, with a Fibonacci extension price target that could push its value to a new all-time high of $5. While the market for altcoins, including XRP, has been challenging, the cryptocurrency is showing signs of strength.

Ripple's XRP is currently down by more than 23% in the last seven days and is now trading below the $2.40 mark. The altcoin last traded above the $3 mark on February 1. XRP is now trading within a broader sideways range.

Spot-based XRP exchange-traded funds (ETFs) are gaining significant traction in the U.S., with Chicago-based CBOE filing 19b-4 forms on behalf of Bitwise and Canary Capital.

A prominent Bitcoin maximalist, known as “Bitcoin Dad,” has fueled controversy with a bold prediction for XRP's future, suggesting that by 2035, the digital asset's price will plummet to nearly zero. The prediction comes as a part of the ongoing rivalry between Bitcoin proponents, often called “maximalists” or “maxis,” and XRP holders.

SEC faces legal pressure over crypto conflicts probe. If the agency withdraws its appeal, XRP could skyrocket past its all-time high.

Crypto analyst ProjectSyndicate has made a bullish case for the XRP price, which he predicts could record 40% gains soon enough. The analyst also revealed the price level, which he believes is ideal for market participants to buy and hold XRP.

The global custody market is booming, projected to exceed $100 billion by 2033, with crypto driving demand for secure, compliant, and scalable custody solutions, Ripple says. Crypto Custody Is Booming: Ripple Unveils the Blueprint for Custodian Success Ripple published insights on Feb.

The CBOE BZX exchange has officially filed with the SEC to list and trade spot XRP ETFs, signaling major progress in the crypto ETF landscape.

XRP price struggled to continue higher above the $2.75 zone and recently corrected gains. The price is moving lower and might struggle to stay above $2.250.

Ripple's XRP has once again found itself in the spotlight, but this time for a more negative reason. Recently, the Hong Kong Securities and Futures Commission (SFC) released its highly anticipated list of approved cryptocurrencies for trading, but XRP was noticeably absent.

Ripple's XRP continues to capture attention within the cryptocurrency market. Despite some recent setbacks, the cryptocurrency shows potential for a significant price surge, according to Elliott Wave analyst Dark Defender.

To address regulatory concerns, asset managers are proposing safeguards where they will source XRP from secondary markets.

XRP is likely to trade lower based on recent developments.

Today, the Chicago Board Options Exchange (CBOE) has filed 19b-4 forms for Bitwise Investment, WisdomTree, 21Shares, and Canary Funds, making their proposals to list and trade XRP ETFs one step closer to approval.

The Commission acknowledged several applications for crypto exchange-traded funds on Thursday, a move that ties the regulator to a strict timeline for approval or denial.

Canary Capital, WisdomTree, 21Shares and Bitwise are the latest fund managers bidding to launch XRP exchange-traded funds.

Bitwise, 21Shares and Canary Capital filed Thursday for an XRP exchanged-traded fund with the Cboe BZX Exchange.

The XRP ETF filings could accelerate mainstream adoption and regulatory clarity, impacting the broader cryptocurrency market landscape. The post XRP ETF race begins as WisdomTree, Bitwise, 21Shares, and Canary submit 19b-4 filings appeared first on Crypto Briefing.

CBOE BZX Exchange has filed 19b-4 applications for top asset managers pushing for XRP ETF with the US Securities and Exchange Commission (SEC). Specifically, the 19b-4s belong to Bitwise, Canary Capital, 21Shares and WisdomTree.

Mike Novogratz, the CEO of Galaxy Investment Partners, has one thing to say about the XRP Army: they've proven that community is an economic force. Mike admitted that crypto's most rabid fanbases, like XRP's, have completely changed how investors view value.

Despite positive catalysts like institutional adoption and discussions around Bitcoin's potential inclusion in sovereign wealth funds, the cryptocurrency market is trading lower on Thursday, with traders closely watching Bitcoin's $95,500 support level. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,588.31 -1% Ethereum (CRYPTO: ETH) $2,710.63 -2% Solana (CRYPTO: SOL) $191.80 -3.7% XRP (CRYPTO: XRP) $2.33 -4.4% Dogecoin (CRYPTO: DOGE) $0.2481 -4% Shiba Inu (CRYPTO: SHIB) $0.00001505 -5.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 4.9% and daily active addresses falling by 3.4%.

Ripple CEO Brad Garinghouse is celebrating his 54th birthday on Feb. 6 after securing some key wins on the regulatory front.

XRP price recently faced a sharp pullback after a strong rally pushed it from $0.50 to a multi-year high of $3.40. The Ripple has since dropped nearly 25%, showing increased volatility, and is currently hovering around $2.5.

XRP's price action has taken a sharp downturn in the past 24 hours to extend its seven-day losses. Notably, this downturn has seen the asset slipping below a critical support level at $2.50 after weeks of intense work to break above it.

XRP (CRYPTO: XRP) has dropped 26% in the past seven days, mirroring broader market weakness that has pushed Bitcoin (CRYPTO: BTC) below $100,000. Despite the pullback, strong fundamentals could help XRP recover.

Ripple's native token, XRP, has encountered some challenges recently, facing a more than 3% decline in its value and revisiting levels below the $2.50 mark. The coin dropped to a low of $2.36 within the last 24 hours, triggering some concerns in the market.

Another crypto market crash has occurred, with Bitcoin, XRP, Solana, and Dogecoin prices experiencing significant declines. This development comes amid economic uncertainty and the bearish sentiment among investors.

Ripple, a prominent player in the blockchain-based payment industry, is experiencing significant operational shifts as a result of recent changes in U.S. crypto regulations. Stuart Alderoty, Ripple's Chief Legal Officer, recently shared his thoughts on the evolving landscape in the U.S. during an interview with CNBC.