Ripple CEO Brad Garinghouse is celebrating his 54th birthday on Feb. 6 after securing some key wins on the regulatory front.
With Ethereum and Solana already expanding their AI strategies, NEAR Foundation has entered the competition with a $20 million fund aimed at AI agent token development.
XRP's price action has taken a sharp downturn in the past 24 hours to extend its seven-day losses. Notably, this downturn has seen the asset slipping below a critical support level at $2.50 after weeks of intense work to break above it.
XRP (CRYPTO: XRP) has dropped 26% in the past seven days, mirroring broader market weakness that has pushed Bitcoin (CRYPTO: BTC) below $100,000. Despite the pullback, strong fundamentals could help XRP recover.
Ripple's native token, XRP, has encountered some challenges recently, facing a more than 3% decline in its value and revisiting levels below the $2.50 mark. The coin dropped to a low of $2.36 within the last 24 hours, triggering some concerns in the market.
After a year of explosive price growth, the Solana based meme coin, BONK, has wiped out all of its 2024 gains, retracing approximately 76% from its peak. Despite this dramatic decline, a crypto analyst has suggested that this dip could be a strategic buying opportunity for investors rather than a cause for concern.
Another crypto market crash has occurred, with Bitcoin, XRP, Solana, and Dogecoin prices experiencing significant declines. This development comes amid economic uncertainty and the bearish sentiment among investors.
Asset manager VanEck says Solana could surge to $520 per token by the end of 2025, according to their latest market report released today. Right now, Solana holds 15% of the smart contract platform (SCP) market.
The price of Solana could more than double to hit $520 by the end of the year, asset manager VanEck has said in its latest forecast for the altcoin.
Ripple, a prominent player in the blockchain-based payment industry, is experiencing significant operational shifts as a result of recent changes in U.S. crypto regulations. Stuart Alderoty, Ripple's Chief Legal Officer, recently shared his thoughts on the evolving landscape in the U.S. during an interview with CNBC.
XRP has emerged as one of the standout performers in the crypto market this year, fueled by a series of legal victories and renewed optimism following President Trump's return to power. Amid this unexpected rally, Tristan Tate took to X to question why XRP commands such unwavering support from its most dedicated holders.
Data suggests traders in Korea played a big role in buying the XRP dip below $2.
Three of the top coins have shed a quarter of their respective value in the last week as Bitcoin struggles amid Trump's trade war.
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.
TL;DR ZetaChain now supports Solana, enabling dApps that natively integrate Solana, Bitcoin, and Ethereum. Developers can create decentralized applications that operate with native SOL and SPL assets alongside tokens from other chains, without requiring bridges. This integration ensures a seamless experience across these three blockchains, enhancing interoperability without unnecessary complexity.
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.
Solana has completed an entire calendar year without a block production failure. This marks a notable improvement in network stability, especially given its past performance issues.
As the market struggles to gain momentum, the Solana price also appears to have lost ground as the bears are constantly suppressing the levels below $200. This could appear a bearish signal for many as the momentum is weak, accompanied by a significant drop in the trading volume.
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.
A whole year. That is how long Solana (SOL) has gone without a single outage.
Solana price has pulled back after soaring to $295 in January as its ecosystem and the broader crypto industry lost momentum.
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TL;DR Solana dominates the retail market: It has surpassed Bitcoin and Ethereum in active addresses and transaction volume, with a 477% surge in memecoins. ETFs drive liquidity shifts: Bitcoin ETFs hold over 515,000 BTC, impacting prices and volatility. Ethereum is gaining institutional traction.
Dogecoin (DOGE) has captured the attention of investors with its long wick formation on the daily chart. Tardigrade forecasts this wick could trigger an upsurge to $1. Meanwhile, IntelMarkets (INTL) has emerged as the best crypto to buy now.
Solana has fallen by 2.5% today, yet one new Solana-based token promises to deliver massive gains when it lists in the next few weeks. The post Solana Revenues Skyrocket to $840 Million – Could SOL Price Hit $1,000? appeared first on Cryptonews.
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%.
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.
Solana's price action hangs on critical resistance levels, with traders watching closely for direction.
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.
Ethereum‘s (CRYPTO: ETH) dominance in the cryptocurrency space is facing a significant challenge, with analysts at JPMorgan suggesting that increased competition from rival blockchains is eroding its market share and threatening its long-term prospects. What Happened: According to a report led by JPMorgan's managing director Nikolaos Panigirtzoglou, ETH has underperformed both Bitcoin (CRYPTO: BTC) and a range of alternative cryptocurrencies since the recent U.S. election, signaling a worrying trend for investors, The Block reported on Thursday.
Solana (SOL) has not suffered a consensus failure since February 2024, though the network has encountered other sources of transaction delays.
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.
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.
“Everyone and their mother is begging to be on this council," the source reads.
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.
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.
Burwick Law accuses Pump.fun of creating tokens to intimidate clients, interfering with legal proceedings and disrupting justice.
The crypto market is marginally down, with price action remaining mixed. Bitcoin (BTC) has slipped below $98,000 over the past 24 hours.
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.