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%.
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.
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.
POL reclaiming $0.50 zone as support could lead to a rally, but failure to do so could trigger another sell-off.
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.
Recently, Cardano (ADA) experienced a notable sell-off by large holders, often referred to as whales, dumping 330 million ADA tokens on exchanges during a sharp market decline. Typically, such a massive sell-off could have triggered a significant decline in price.
The XRP Ledger recently experienced a significant technical failure, halting block production for roughly an hour.
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.
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.
Ripple's legal uncertainty weighs on XRP as traders await SEC appeal plans. Could a reversal in stance unlock new highs, or is volatility ahead?
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.
Ripple's technology chief, David Schwartz, said the firm is investigating after its XRP Ledger stopped for just over an hour on Feb. 4.
XRP rebounds 20% in 24 hours despite whale sell-offs and trade tariff uncertainties. Will $3 hold?
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.
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.
Cardano (ADA) fell 10.07% to $0.7364 by 17:57 (22:57 GMT) on the Investing.com Index, marking its biggest one-day loss since February 2. The decline pushed Cardanos market cap down to $25.82 billion, representing 0.81% of the total cryptocurrency market.
The cause of Monday's halt is under investigation, but early analysis points to a consensus issue where validations weren't published.
After an impressive price reversal, the crypto market once again seems to be facing a dip across various cryptocurrencies. Amid this, XRP, the native token of Ripple Labs, is gaining significant attention from crypto enthusiasts despite the continuous price decline, as reported by the on-chain analytics firm Coinglass.
A crypto analyst has confirmed a recent breakdown of the Cardano price from an Ascending Channel pattern. With key support and resistance levels now in focus, the analyst has outlined two scenarios for ADA, projecting where its price could move next.
The outlook for altcoins appears grim relative to Bitcoin as a fresh trade war potentially exploding between the U.S. and its major trading partners risks destabilizing the world economy. Still, some coins are flashing bullish hints.
Cryptocurrency markets are trading lower on reduced volatility on Tuesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,858.48 -2.9% Ethereum (CRYPTO: ETH) $2,747.65 +0.8% Solana (CRYPTO: SOL) $207.51 -2.2% XRP (CRYPTO: XRP) $2.58 -3.1% Dogecoin (CRYPTO: DOGE) $0.2646 -4.6% Shiba Inu (CRYPTO: SHIB) $0.00001571 -2.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 60.8% and daily active addresses rise by 14.3%.
Ryan Rasmussen, head of research at Bitwise Invest, has revealed that a "multi-billion dollar wealth management team" is interested in allocating XRP in their clients' portfolios alongside some other cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has now spanned over four years, drawing sharp criticism from Ripple's CEO, Brad Garlinghouse, and other crypto industry leaders.
XRP experienced one of the most dramatic price swings in its history, enduring a significant crash before swiftly recovering 42% in a matter of hours. This massive price movement caught the attention of traders, some of whom were able to capitalize on the steep drop, securing nearly 50% gains by buying the dip.
The cryptocurrency market has entered a high-volatility phase, with SUI, XRP, and Bitcoin all experiencing significant price swings. SUI is teetering on a key support zone, raising concerns of a potential 40% crash.
Internet celebrity Tristan Tate has questioned the basis of why pro-XRP enthusiasts believe the crypto will surge past $100 this year.
ADA briefly tanked to as low as $0.60 before rising to the current $0.75.
Cardano prices soar by 64% as ADA's prices recover from the recent market crash.
XRP price faces a double bearish divergence which could trigger a 25% correction.
As chronicled by blockchain forensic expert Zachxbt in a recent investigative report, operatives linked to North Korea attempted to transfer 46,300 XRP to a digital asset platform but committed a critical misstep by omitting a mandatory destination identifier.
The altcoin market has faced significant challenges following a steep drop in Bitcoin's price, falling below the $100,000 mark. This shift came after U.S. President Donald Trump introduced new tariffs, including a 25% tax on imports from Mexico and Canada, and a 10% tax on Chinese products.
Hackers associated with the Democratic People's Republic of Korea (DPRK) have reportedly lost 46,300 XRP, worth approximately $121,000, after making a doltish error during a cryptocurrency transaction. The incident, which occurred on February 4, 2025, at around 14:04 UTC, was identified by crypto security sleuth ZachXBT on his Telegram channel.
The price of Cardano (ADA) is showing recovery in line with the general cryptocurrency market, but whale activity is signaling possible volatility in the coming days.
Charles Hoskinson, Cardano (ADA) founder, has dropped a notable hint about what the ecosystem will work on soon. All indications point to integrating artificial intelligence (AI) into the ecosystem.
The XRP price held steady on Tuesday and remained about 52% above its lowest level this week. This rebound was because trade tensions between the US, Mexico, and Canada eased.
XRP, the third largest cryptocurrency by market capitalization, is seeing a spike in open interest, with traders making significant moves in the last 24 hours.
The launch of a potential XRP Exchange-Traded Fund (ETF) has sparked discussions about whether Ripple (XRP) could finally break past the $10 mark. While XRP faces increased volatility, its growing adoption and institutional interest suggest that a long-term rally may be in sight.
Cardano's decentralized governance has achieved a significant milestone, with over six billion ADA now delegated to Delegated Representatives (dReps), according to Intersect, a member-based organization for the Cardano ecosystem. This marks a significant step toward a more decentralized and community-driven decision-making process.
During the recent sharp market decline, where whales focused on accumulating assets, Cardano (ADA) remained untouched. Today, February 4, 2024, a prominent crypto expert posted on X (formerly Twitter) that whales have not purchased ADA during the dip. Instead, they have dumped millions of ADA tokens onto exchanges.
Over the past 90 days, the following 10 altcoins have led the market, with XCN and FARTCOIN emerging as frontrunners with 4-digit gains.
In the last 48 hours, Cardano whales have dumped 300 million ADA on the market, causing a stir in the broader cryptocurrency space. The sell-off has caused selling pressure on the market and has impacted the overall price of the coin amid expectations that ADA bulls can help hold up the fort.
Ripple, the company behind XRPL (XRP) core development and its largest token holder, is preparing its treasury for February sales. Onchain data reveals Ripple has reserved 300 million XRP from the 1 billion unlocked on February 1.
Although the crypto market is volatile, the market could see a massive uptrend in the coming months. Ali Martinez forecasts the price of Ethereum (ETH) could pump to $7k. Also, a top analyst called Lucky notes that Cardano (ADA) is among the best DeFi projects in the market.
The U.S. Securities and Exchange Commission (SEC) has recently implemented a significant change in its approach to crypto-related investigations. Under the new policy, SEC lawyers must now obtain approval from politically appointed leadership before they can initiate formal probes into cryptocurrency projects.