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news-imageJanuary 31, 2025

Ethereum (ETH) Breaks Out: Will Ripple (XRP) Follow Suit? - Market Analysis

Ethereum (ETH) is making its bid to break the shackles of the last six weeks of downtrend. Ripple (XRP) is in prime position to follow.
Publisher: Crypto Daily
Sentiment: Positive
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Positive
cover-imageCrypto Economy
January 31, 2025

Ethereum (ETH) Soars 4% After Schwarzschild Update: Here are the Details

TL;DR Geth released the “Schwarzschild” update (v1.14.13) to fix a critical vulnerability in Ethereum's p2p layer, exposing nodes to DoS attacks. The bug, identified as CVE-2025-24883, affects versions 1.14.0 and later, putting both ETH and Layer 2 solutions at risk. The update was well-received in the market, with a 3.88% increase in ETH's value.

Positive
cover-imageThe Currency Analytics
January 31, 2025

Ethereum Eyes $4,361 as It Battles $3,200 Resistance

Ethereum (ETH) is gearing up for a potential breakout, with buyers pushing it toward the critical $3,200 resistance. Currently sitting at a market capitalization of $385 billion, Ethereum has witnessed a steady rise in price, increasing by 1.89% in the last 24 hours.

Positive
cover-imageUToday
January 31, 2025

XRP ETF: $23 Billion Canada's Asset Manager Joins Race

Purpose Investments, a veteran Canadian asset management firm with $23 billion in assets under management (AUM) becomes the latest participant in the XRP ETF race. By sending its preliminary filing to the local securities watchdog, the team demonstrates its ambitions to issue world's pioneering exchange-traded fund on spot XRP.

Positive
cover-imageBitcoin
January 31, 2025

Everstake Achieves Vital Staking Certification With Ethereum Staking Growing by 74%

The SOC 2 certification ensures enterprise-level protection for every staked crypto against rising cyber threats during the crypto market's bullish cycle. Everstake Strengthens Web3 Security With SOC 2 Certification Everstake, a blockchain staking provider has successfully obtained the SOC 2 Type 1 certification, reinforcing its commitment to top-tier security and privacy standards.

Positive
cover-imageTrustnodes
January 31, 2025

Ethereum Jumps on a New ETF

Ethereum spiked earlier today, rising by about 3% in an hour as the market digested news of the Securities and Exchanges Commission (SEC) approving a new combined bitcoin and ethereum ETF by Bitwise.

Positive
cover-imageThe Currency Analytics
January 31, 2025

XRP's ISO 20022 Compliance Boosts Record Transactions

Austin King, co-founder of Omni Network (OMNI), recently shared insights into XRP's strategic positioning and its ability to process over $434 billion in transactions daily, highlighting its early commitment to the ISO 20022 messaging standard. King believes this commitment was instrumental in Ripple's ability to align XRP with traditional financial systems, offering a competitive edge in the evolving financial landscape.

Negative
cover-imageCryptopolitan
January 31, 2025

Pro-XRP lawyer Deaton is seeking an indictment of SBF parents

Pro-XRP advocate John Deaton is calling for the indictment of Sam Bankman-Fried's parents following reports that they are lobbying for a pardon for their son from former President Donald Trump. Deaton insists that Joseph Bankman and Barbara Fried, the parents of the disgraced FTX co-founder, took customer funds swindled from the crypto exchange.

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