There was a massive 1,455% gap between liquidated long and short positions on the XRP perpetual futures market in just one hour. Data from CoinGlass puts the total liquidation in that short period at $920,000.

Some traders panic when prices fall. Others see an opportunity.

Some analysts are eyeing a potential drop to $1.60, yet Korean traders' accumulation and bullish wave projections suggest a long-term target as high as $18.

XRP has recently flashed a "death cross" on its four-hour chart, sparking concerns among traders as uncertainty looms over the broader cryptocurrency market. The death cross, a bearish technical indicator, occurs when the short-term moving average drops below a longer-term moving average, indicating that an asset may face downward pressure.

The recent sharp decline has made market sentiment more sensitive, with some seizing the opportunity while others offloaded their holdings. Amid this, whales have been accumulating Dogecoin (DOGE), the popular meme coin.

"This is a strong sign of confidence in the market," Ali Martinez maintained.

A market expert has boldly proclaimed that all XRP holders might ultimately become millionaires. Related Reading: XRP Price Struggles to Keep Pace: What's Holding It Back?

XRP recently attempted to form a new all-time high but faced resistance due to market top pressure. The failure led to significant losses for investors as selling pressure increased.

Despite a 21.6% decline over the past seven days, Dogecoin (CRYPTO: DOGE) whales and traders remain bullish, expecting a strong recovery. What Happened: Crypto trader Master Kenobi compared Dogecoin's current price action to 2017 rather than 2021, suggesting a similar pattern is unfolding.

In the final two months of 2024, XRP (XRP -4.69%) was one of the best-performing cryptocurrencies in the world. In that period, XRP skyrocketed from a price of $0.50 to $2 for a mind-boggling gain of 300%.

The price of Dogecoin has dipped by 2% in the past 24 hours, yet renewed accumulation suggests that the meme token may recover very soon. The post Can Dogecoin Rally Soon? Big Money Flows In, and a Bullish Reversal Might Be Next appeared first on Cryptonews.

Jorge Tenreiro was reportedly transferred to the IT department.

Ripple CEO Brad Garlinghouse is anticipated to be selected for an advisory position on the White House Crypto Council.

Dogecoin, a cryptocurrency that first gained attention for its playful nature, has remained a key player in the digital asset world. Despite recent market setbacks—particularly a 30% drop in value over the past month—many remain optimistic about its long-term potential.

Donald Trump's latest trade policies have sent shockwaves through the financial markets, with Dogecoin (DOGE) traders among the hardest hit. As key trading partners retaliated, investor uncertainty spiked, leading to a sharp downturn across the crypto sector, with Dogecoin (DOGE) registering over 38% in losses.

XRP currently trades at $2.40, boasting a market valuation of $138 billion alongside a 24-hour trade volume flow of $6.41 billion. Its price fluctuated between $2.36 and $2.55 during the session, lingering 29% below its historic peak price. XRP On XRP's hourly chart, the digital asset oscillates within a constricted corridor of $2.35 to $2.

XRP rebounded from $1.980 after a sharp selloff triggered by network issues. A breakout could confirm recovery, while failure risks further downside toward $1.80.

TL;DR Ripple CEO Brad Garlinghouse has been shortlisted for President Donald Trump's U.S. Crypto Advisory Council, aiming to shape the future of U.S. cryptocurrency policies. The council, formed by executive order, includes prominent crypto leaders from companies like Kraken, Coinbase, and Circle.

Ripple whales are spending millions of dollars as they look to position themselves in this bull run. Surprisingly, these Ripple whales aren't investing in XRP but the AI altcoin WallitIQ (WLTQ). This move is more surprising considering that the XRP price currently boasts a bullish outlook, having surged above $3.

Despite a strong surge of around 300% in November, XRP has traded weakly this month, giving back nearly all of its December gains.

The XRP Ledger is now operational again after suffering an hour-long outage on Tuesday, according to David Schwartz, Ripple's chief technology officer. Schwartz says it's not entirely clear what caused the network problem. “Super-preliminary observation: It looked like consensus was running but validations were not being published, causing the network to drift apart.

Dogecoin (DOGE) price has witnessed sharp volatility, recently dropping 20% before rebounding to over $0.26. The cryptocurrency stabilized despite broader market turbulence, mirroring patterns from 2017.

Ripple's XRP has been left out of Hong Kong's list of approved cryptocurrencies for trading, raising fresh concerns about its regulatory standing in global markets. The Securities and Futures Commission (SFC) released a list of digital assets that can be legally traded on licensed platforms, but XRP was notably absent.

Billy Markus, who created the original meme cryptocurrency Dogecoin in collaboration with Jackson Palmer, has gained the attention of the crypto community with a recent tweet.

“Everyone and their mother is begging to be on this council," the source reads.

Dogecoin (DOGE) continued to trade sluggishly on Thursday, following a weak weekly close on Sunday. Notably, the leading meme coin has been moving sideways in recent days after a sharp pullback since December 9, during which it has lost around 32% of its value amid a broader market downturn led by Bitcoin.

Mick Mulvaney, Actum Strategic Advisors co-chair and former White House chief of staff, and CFPB & OMB director, joins 'Squawk Box' to discuss the role of DOGE on spending cuts, reducing the size of government, and more.

Cryptocurrency asset management giant Grayscale Investments has filed a significant interest with the U.S. Securities and Exchange Commission (SEC). Specifically, Grayscale has filed to convert its XRP Trust into an exchange-traded fund (ETF).

U.S securities and exchange commission (SEC) moves its top litigator to the IT department.

On-chain data shows Dogecoin whales, with a balance of between 10M and 100M coins, have accumulated over 750M DOGE coins during the recent crypto market correction.

XRP has made a notable move by forming its third-ever weekly hammer candlestick pattern, fueling optimism among traders and analysts. This formation comes at a time when the broader cryptocurrency market is experiencing significant downturns.

Because of XRP's sharp decline, there are worries that it might surpass the one billion payment volume threshold. The recent sell-off has put the asset in a position where further declines could occur.

Attorneys for the Justice Department have agreed to temporarily restrict staffers associated with Elon Musk's from accessing information in the.

Dogecoin shows signs of price recovery following a 40% decline, with technical analysis suggesting a potential market peak in April 2025 based on historical 1,442-day cycle patterns.

XRP price continues to dip today but it appears that the experts remained bullish on the long-term trajectory of the coin. For context, despite the recent dip, a top market expert hinted towards a potential rally for Ripple's native crypto to $8, sparking market discussions.

Dogecoin has undergone a 34% price correction to $0.259, with multiple analysts projecting a potential rally toward new all-time highs around April 2024 based on historical cycle patterns and technical analysis.

Ripple's XRP is once again making headlines, but this time for an unexpected reason. Hong Kong's Securities and Futures Commission (SFC) recently released its list of approved cryptocurrencies for trading, and XRP is nowhere to be found.

As XRP drops under $2.50, bulls are on overtime to regain trend control. Will the declining XRP exchange reserves and a recovering funding rate enough to propel XRP to $2.83?

Rep. Brandon Gill, R-Texas, lays out congressional Republicans' efforts to bolster the Trump administration's focus on government efficiency on ‘The Bottom Line.'

Ripple's RLUSD stablecoin has secured new listings on Revolut and Zero Hash, expanding its accessibility and reinforcing its role in the fintech ecosystem.

Dogecoin whales again echoed a market frenzy on Thursday, embarking upon a massive DOGE buying spree amid the recent volatile market trend. On-chain data revealed by a top crypto analyst highlighted that a staggering 750 million tokens were bought amid the meme coin's fall below the $0.3 price level.

Dogecoin (DOGE), Official Trump (TRUMP), and Official Melania Meme (MELANIA) signal potential bullish reversals after heavy losses. Can their recoveries continue in February?

XRP has gained renewed attention in the crypto space, with many enthusiasts, including internet celebrity Tristan Tate, wondering about the token's potential to surge from its current price of around $2.5 to $100. While this may seem a stretch to some, one trader, Steff, believes that multiple factors could contribute to such a dramatic rise in XRP's value.

XRP's perpetual funding rates remain negative, show a bias for bearish short positions.

Recent market turbulence has impacted Shiba Inu (SHIB) and Dogecoin (DOGE), with both memecoins experiencing significant price declines over the past few days. This setback comes amid a broader downturn in the crypto market, yet some analysts remain optimistic about the potential trajectories for these popular memecoins.

Ripple is refocusing its hiring strategy in the US after years of moving operations offshore due to regulatory uncertainty. The shift comes amid a more favourable regulatory landscape, with the company now directing its recruitment efforts back to the US.

Ripple CEO Brad Garlinghouse is reportedly shortlisted for a key position on President Donald Trump's U.S. Crypto Advisory Council. The council, formed by executive order in Trump's first week back in office, is expected to play a major role in shaping U.S. crypto policies and regulations. U.S.