BTC has dumped to a two-week low of its own.
The U.S. Securities and Exchange Commission acknowledged Bitwise's spot XRP ETF filing earlier this Tuesday.
Cboe sought permission to list four spot XRP ETFs on Feb. 6, including 21Shares Core XRP Trust.
Collins served as Tether's first chief executive officer from 2013 to 2015, after creating the stablecoin with Brock Pierce and Craig Sellars.
Bitcoin has fallen to its lowest price in weeks as Solana continues to bleed amid the LIBRA controversy, plus other top coins dip.
Stellar Lumens (XLM) is witnessing a notable price correction as it struggles to reclaim the $0.35 resistance amid broader bearish market sentiment.
Another crypto market crash is occurring, with the Bitcoin price dropping below the crucial $95,000 support level, dragging altcoins like Ethereum, Solana, and the XRP price along with it. This price crash has occurred mainly due to the bearish sentiment in the market, thanks to several factors.
Ripple-linked crypto XRP could be on the precipice of another parabolic rise. According to a widely-followed crypto analyst, XRP is forming a convincing pattern on the price chart, signaling a potential surge of up to 28% in the foreseeable future.
The crypto market is going through a new period of turbulence, and Solana (SOL) is directly suffering the consequences. In 24 hours, the cryptocurrency has dropped by 6.2%, reaching $166.42, its lowest level since mid-December.
Cryptocurrencies are some of the most volatile assets you could invest in. But those willing to hang on for the ride can experience some staggering returns.
Solana price crash is a buying opportunity because the FTX unlock and Libra fallout are temporary dips for the quantum-resistant chain The post After Libra and FTX, Solana Price Crash is Best Time to Buy a Quantum-Resistant Future appeared first on Cryptonews.
The crypto market is showing mixed signals, causing some altcoins to climb while others experience declines. However, certain altcoins are catching investors' attention due to recent developments surrounding the tokens.
Elon Musk's DOGE has announced an audit against the SEC, targeting fraud and mismanagement. This could be the catalyst XRP investors have been waiting for.
The overall cryptocurrency landscape seems to be getting poorer day by day due to the continuous price drop. Amid this, XRP, the native token of Ripple Labs, has been hit hard by the current sentiment, witnessing a notable price drop of 6% in the past 24 hours and reaching a crucial level.
Solana (SOL) has struggled to maintain its bullish momentum, shedding 9.3% in the last 24 hours to a low of $166, marking its lowest level since mid-December.
Crypto-focused asset manager Grayscale has announced the creation and launch of the Grayscale Pyth Trust. Pyth Trust is a single-asset crypto investment fund designed to offer exposure to Pyth Network (PYTH), the native governance token of the oracle network's ecosystem.
The sentiment has begun to turn bearish for SOL.
This is a segment from the Empire newsletter. To read full editions, subscribe.
The exposure of this network highlights the urgent need for increased transparency and regulation in the cryptocurrency market to protect investors. The post DefiTuna founder uncovers network exploiting $200 million from meme coin launch on Solana appeared first on Crypto Briefing.
TL;DR Solana has dropped nearly 38% since January, affected by memecoin speculation and a decline in trading volume. The collapse of the LIBRA token and market manipulation have weakened confidence in the network, with insider traders extracting over $200 million. On March 1, 11.
In a recent report, on-chain data research provider Kaiko evaluated the liquidity ranking of several crypto assets, including major cryptocurrencies XRP, SOL, BTC and ETH. This is necessitated amid increasing odds of altcoin spot ETFs and as market depth returns to pre-FTX levels.
The native asset of the Ripple network, XRP, has climbed 3.8% over the past week, demonstrating resilience amid broader market weakness.Notably, XRP leads the top five cryptocurrencies with nearly 24% year-to-date gains, outperforming major altcoins like Ethereum (ETH) and Solana (SOL), which are down 19.3% and 11%, respectively, over the same period.
XRP, the native token associated with Ripple Labs, has recorded significant activities in the last 24 hours. XRP, worth $4.84 billion, has hit different cryptocurrency exchanges within this time frame.
Bitcoin (BTC) registered a drop late on Monday, falling from $97,000 to $95,243 before rebounding and settling just above $96,000. The flagship cryptocurrency registered another slump during the current session, falling to a low of $95,189 before recovering and moving to its current level.
The Solana price has dived by 8% in the past 24 hours, dropping to $169 as the cryptocurrency market falls by 3% today.SOL is now down by 16.
This is a segment from the Empire newsletter. To read full editions, subscribe.
Ripple (XRP) price has seen signs of consolidation over the past week. Recent fluctuations suggest concern in the market direction.
The Grayscale Pyth Trust offers accredited investors exposure to PYTH, the governance token behind Solana's leading oracle network.
MEMX has filed with the SEC to list an XRP ETF as a "Commodity-Based Trust," marking a significant step toward expanding cryptocurrency ETFs beyond Bitcoin and Ethereum.
Technical indicators are suggesting that XRP might wait longer before reclaiming the $3 resistance, a level that has remained elusive recently.
Solana's price has plunged 9% in the last 24 hours as selling pressure mounts. Solana (SOL) has been among the worst performers in the last 24 hours, down by approximately 9%, according to crypto.news.
As Solana's momentum slows, investors are shifting to Remittix, a rising altcoin with real-world crypto-to-fiat payment solutions. #partnercontent
Solana has lost almost 45% of its value in the last month due to severe downward pressure as the larger cryptocurrency market battles liquidity issues. Due to the precipitous drop, SOL has reached a pivotal point, and traders are keeping a careful eye on important price levels that could determine the asset's future course.
Solana has dropped to its lowest level since mid-December, amid meme coin controversies and a looming token unlock event.
Ripple's RLUSD stablecoin surpasses 120M tokens with XRP Ledger adoption outpacing Ethereum, driving liquidity shifts and potential XRP price implications.
After what felt like forever stuck in a sideways grind, XRP finally made its move in November. You know how it is - when an asset breaks out like that, even the pro traders can get thrown off.
Ripple CTO David Schwartz has sparked fresh discussions on the evolving role of Bitcoin and XRP in the crypto space. In a recent exchange on X, Schwartz shared insights on XRP Ledger (XRPL) and highlighted the need for scalable and trustless bridging solutions.
A total of $279 million in liquidations has hit the broader cryptocurrency market. Data from CoinGlass shows that top altcoins suffered more liquidation in the last 24 hours from long-position traders.
Check out why the case against Ripple may be fully withdrawn soon.
Stellar (XLM) price dipped by more than 9% recently before a panic rally pushed its value up again. Currently down by more than 4.5% in the last 24 hours, XLM is trading around the $0.325 levels and has a market capitalization of more than $9.9 billion.
Solana (SOL) served as something of a herald for the latest cryptocurrency bull market as it enjoyed a particularly sharp rally in late 2023 and early 2024, taking it from about $20 to above $200 – 900% increase in just six months.
XRP has seen a significant surge in open interest, climbing to $4.7 billion amid a price rally that pushed the token above $2.55. The increase signals renewed investor confidence following a sharp decline earlier this year.
Solana has been among the worst-performing cryptocurrencies in the past 24 hours, plunging 10% to $162. The decline continues as the network experiences lower activity and increasing bearish sentiment. Here are the four key reasons behind Solana's sharp price drop today.
Cryptocurrencies traded with mixed performances on Tuesday, with Bitcoin still hovering beneath $97K. Meanwhile, Solana dominated trends as its meme token ecosystem faced a backlash amidst the LIBRA scam fallout. While that has dampened interest in memes and altcoins, Pi Network saw amplified enthusiasm, potentially due to its forthcoming mainnet launch, now 48 hours away.
XRP is currently trading at $2.58, registering a 3.56% increase over the past week. In technical analysis, the RSI rebounded from 30, indicating a possible recovery, while the MACD shows a positive divergence, signaling a potential bullish move. Additionally, the SEC acknowledged an ETF application for XRP, boosting market optimism.
Solana (SOL) price declined by more than 18% in the last 7 days as chaos in the memecoin category triggered a selloff. On-chain data suggests that SOL might be losing its shine and things could get worse.
A widely watched coin like XRP (XRP -3.75%) is bound to be immersed in a constant discussion about every single one of its aspects and its relevant metrics.
Solana price slides 10% in 24 hours, continuing a downward trend—what's behind the recent decline?