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news-imageFebruary 17, 2025

Bitcoin, XRP and Cardano in Focus, Hit With $415 Million Outflows in Crypto ETPs

The crypto market continues to break one bottom after another. Scam token launches from presidents, the failure of Bitcoin (BTC) as an asset with a six-digit price figure and now the first major outflows from cryptocurrency-oriented investment products.
Publisher: UToday
Sentiment: Negative
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Positive
cover-imageThe Motley Fool
February 20, 2025

Is XRP the New Bitcoin?

XRP (XRP 4.93%) and Bitcoin (BTC 1.32%) remain two of the most-watched cryptocurrencies even after years of being in circulation, and they've earned that distinction by providing value to investors all the while. But with Bitcoin's protocol largely unchanged, and XRP's rapid ascent showing no signs of slowing, it makes sense to question whether the relative position of these two giants might switch, with Bitcoin falling out of favor compared to the newer competitor.

Neutral
cover-imageThe Motley Fool
February 20, 2025

Should You Buy XRP (Ripple) Right Now While It's Under $3?

XRP (XRP 5.89%) is the native digital asset on the XRP Ledger, the blockchain created by financial technology company Ripple to simplify cross-border transactions. XRP peaked around $3.30 in January after advancing more than 550% following the presidential election in November.

Neutral
cover-imageTokenpost
February 20, 2025

Bitcoin Holds at $96.8K Amid Fed Uncertainty and Tariff Concerns

Bitcoin remained range-bound on Thursday as investors hesitated amid U.S. tariff concerns and uncertainty over the Federal Reserves rate outlook. The cryptocurrency inched up 0.2% to $96,811.1 by 6:15 GMT, struggling to gain momentum despite Wednesdays 1% uptick following renewed U.S.-Russia diplomatic talks.

Negative
cover-imageTokenpost
February 20, 2025

Sygnum Bank Criticizes Crypto ETFs for Weakening Bitcoin's Core Benefits

Wall Streets embrace of crypto exchange-traded funds (ETFs) has funneled billions into Bitcoin and Ethereum, yet Swiss digital asset bank Sygnum argues these products dilute cryptos core advantages. Speaking at Consensus Hong Kong, Sygnums head of strategic digital asset solutions, Max Stuedlein, emphasized that ETFs impose regular market hours and restrict 24/7 accessibilityone of cryptos key benefits.

Negative
cover-imageThe Currency Analytics
February 20, 2025

Bitcoin Price Nears $99K as Bears Dominate

Bitcoin (BTC) has been on a rollercoaster ride over the past few weeks, with its price hovering near significant milestones. As of February 20, 2025, the cryptocurrency's price is showing signs of a potential move toward $99K, but with bears still firmly in control, investors face tough decisions.

Positive
cover-imageCryptoSlate
February 20, 2025

Report shows uptick in startups using Bitcoin in their balance sheet

According to their latest report on the Bitcoin ecosystem, venture capital firm Epoch noted an increasing number of startups incorporating Bitcoin (BTC) into their balance sheets. According to the report, as inflation concerns and fundraising challenges persist, Bitcoin is emerging as a strategic asset for startups seeking capital efficiency, dilution protection, and global market positioning.

Positive
cover-imageCoingape
February 20, 2025

Here's Why XRP Price Is Up 6% Today

XRP price has recorded gains of over 6% today amid a flurry of positive market trends that have boosted the market sentiment. Notably, the surge in Ripple's native asset comes amid a broader crypto market recovery, indicating renewed confidence of the investors towards digital assets.

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