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news-imageFebruary 9, 2025

Crypto Market Today: Bitcoin Breaks $97k, XRP Gains 6% Amid Regulatory Changes

Bitcoin is currently bouncing back from a crucial support level, with increasing liquidity pushing its price upwards. BTC is currently trading at $97,125.77, Ethereum at $2,669.98, and XRP, has recently surged to $2.49, marking a 5.05% gain in the past 24 hours. Other top 10 coins include Solana (SOL) at $206.07, BNB at $616.
Publisher: CoinPedia
Sentiment: Positive
BTC
XRP

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Positive
cover-imageBitcoin
February 10, 2025

Texas Bitcoin Reserve Bill Moves Forward in Legislative Process

Texas is advancing plans for a strategic bitcoin reserve, aiming to strengthen its financial security, encourage community investment, and reinforce its role in digital asset innovation. Bitcoin Reserve Bill Progresses in Texas Legislature The Texas Strategic Bitcoin Reserve Act was read on Feb. 7 and referred to the Senate Finance Committee for review.

Positive
cover-imageThe Currency Analytics
February 9, 2025

Analyst Predicts XRP Could Surge 3,900% to $99

XRP has been on the radar of cryptocurrency investors for quite some time now, and the latest prediction by analyst Javon Marks has taken the crypto world by storm. Marks has suggested that XRP could surge by a staggering 3,900% in this cycle, potentially hitting $99.

Negative
cover-imageBitcoin
February 9, 2025

XRP Price Watch: XRP Market Cap Slips Below USDT—Can It Regain Momentum?

As of Feb. 9, 2025, XRP hovered at $2.41, commanding a market valuation of $138 billion—trailing behind USDT's $141 billion valuation in fourth spot—while posting a 24-hour turnover of $3.2 billion and an intraday dance between $2.39 and $2.50. XRP XRP's 1-hour chart reveals a phase of lateral equilibrium, with prices oscillating between $2.

Neutral
cover-imageThe Currency Analytics
February 9, 2025

XRP Surge Unlikely But HODLing Could Pay Off

Ripple (XRP) has been experiencing significant volatility recently, with its price dropping by 27% from its $3.40 peak in less than a month. Despite this downturn, some investors believe there might still be a reason to hold onto the token rather than sell in the face of these losses.

Positive
cover-imageThe Currency Analytics
February 9, 2025

Bitcoin's Mid-Bull Pullback: Key Indicators Suggest Further Upside

Bitcoin (BTC) has experienced a period of subdued price action, leaving many to question whether the cryptocurrency is nearing its cycle top. However, according to Chris Burniske, a former executive at Ark Invest and current venture capitalist at Placeholder, this dip is far from signaling the end of the bull market.

Neutral
cover-imageThe Currency Analytics
February 9, 2025

XRP Path to $10,000: Bold Predictions and Challenges

The future of XRP remains a hot topic within the crypto community, with some enthusiasts forecasting an astronomical price surge. A recent analysis from market pundit Gen A explores the possibility of XRP reaching an audacious $10,000 per token.

Positive
cover-imageThe Currency Analytics
February 9, 2025

Major Identity Update on XRP Ledger with New Credentials Feature

XRP Ledger (XRPL) is gearing up to introduce a significant new feature aimed at enhancing the network's identity verification processes while maintaining privacy and decentralization. This update, known as “Credentials,” is designed to enable institutions to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations without compromising on user privacy.

Negative
cover-imageCryptopolitan
February 9, 2025

XRP community criticizes Jed McCaleb after Stellar jab

The XRP community has descended on Stellar's CEO Jed McCaleb after a subtle jab at the predicament of XRP's parent company, Ripple. Both communities, which are always at loggerheads, were fired up this weekend after a post by the Build on Stellar (@BuildOnStellar) account.

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