Prominent pseudonymous crypto trader Eugene Ng Sio is eyeing a measured approach to the current market conditions following President Trump's strategic cryptocurrency reserve announcement that sent Bitcoin (CRYPTO BTC) above $94,000 on Sunday. What Happened: Major cryptocurrencies have slightly retraced following the Sunday rally, with all proposed ‘reserve cryptocurrencies' trading above Friday's highs.
Story Highlights The live price of the Cardano token is . ADA coin price could reach a potential high of $2.62 in 2025. Cardano's price, with a potential surge, could go as high as $10.32 in 2030. The crypto market experienced a strong bullish price action during Q4 2024.
The ADA cryptocurrency posted an impressive 60% rise in just one day after six consecutive weeks of decline.
Last week, the crypto market witnessed its most significant weekly sell-off, with outflows hitting a record $2.9 billion, according to CoinShares‘ latest weekly report. This marked the third consecutive week of capital exiting digital asset investment products, bringing total outflows to $3.8 billion.
The crypto industry is experiencing a shift in regulatory approaches as the U.S. Securities and Exchange Commission (SEC) under new leadership is dropping lawsuits against several prominent crypto firms. Major players such as OpenSea, Robinhood, Uniswap, Gemini, MetaMask, and Coinbase are no longer facing the SEC's scrutiny.
The price of XRP jumped sharply after President Donald Trump announced that the cryptocurrency will become part of the US national crypto reserve. Amid the announcement, the altcoin rose by 30%.
The cryptocurrency market erupted after Donald Trump announced the formation of a U.S. Strategic Crypto Reserve, placing key assets like XRP, Cardano , and Solana in the spotlight. Posting on Truth Social, Trump declared his ambition to make the U.S. the “Crypto Capital of the World”, sending shockwaves through the digital asset space.
On-chain crypto sleuth ZachXBT just alerted the crypto community to the fact that XRP addresses activated by Chris Larsen still hold $7.18 billion worth of XRP.
Bitcoin (CRYPTO: BTC) and altcoins rallied sharply after President Trump's surprise announcement of a U.S. crypto strategic reserve. What Happened: In an X post on Monday, Eric Trump praised the timing of his father's announcement, calling it a shift in financial dynamics that finally gives retail investors a leg up.
Ripple, the company behind the XRPL development and XRP's largest token holder, is preparing its treasury for March sales. Onchain data reveals Ripple has reserved 300 million XRP from the 1 billion unlocked on March 1, as Finbold reported.
XRP missing 32,000 ledger blocks from 2012 continues to raise transparency concerns. Trump's crypto reserve announcement fueled debates over XRP's role and legitimacy.
"This is all pure speculation on my part," the lawyer outlined.
Cardano (ADA) has staged a remarkable recovery, surging 82% from its February 3 low of $0.6249 to $1.13 on March 3 before settling at $0.96 at press time.
TL;DR Massive Surge: Cardano (ADA) surged 60% over the weekend, fueled by Trump's Strategic Crypto Reserve announcement, and has now passed the $1 mark. Key Price Break: ADA's price jumped from $0.57 to $1.19, breaking important resistance levels and marking a 12-week high.
Cardano (ADA) shot up almost 50% in the past 24 hours after US President Donald Trump announced US crypto reserves.
Scottie Pippen, the NBA Hall of Famer known for his role in the Chicago Bulls' dynasty, has joined the growing list of high-profile figures expressing strong optimism about XRP. The legendary basketball player recently shared his positive outlook on the cryptocurrency market, particularly on XRP, via a tweet that read: “BULLish on XRP.
Ripple's XRP and ethereum rivals solana and cardano—all regarded as U.S.
Cardano (ADA), the eighth largest cryptocurrency by market cap, has seen a 1,595% surge in trading volume, coupled with a 73% price increase in just 24 hours. According to CoinMarketCap data, Cardano's trading volume reached $10.34 billion, marking a 1,702% surge in the last 24 hours.
A total of 2.6 million transactions have been recorded in the last 30 days, indicating a notable on-chain surge for XRP. There are concerns regarding the possible effects of this abrupt increase in activity in the trajectory of XRP's price.
The 2025 bull run is back on the map. In the mids of bearish sentiment, the tables have turned.
Following President Trump's announcement on the Crypto Strategic Reserve on this Truth Social account on Sunday, the entire crypto market has blown skywards. Has this announcement put $ETH, $XRP, and $SOL back on track?
Cardano (ADA) has outperformed the rest of the crypto market with an over 80% rally in 24 hours. However, at press time, Cardano price was erasing some of these gains after dropping from above $1 to trade at $0.97.
In an exciting move for XRP holders, Charles Hoskinson, the founder of Cardano, has once again highlighted the role of XRP holders in the upcoming distribution of tokens for Cardano's privacy-focused project, Midnight. This declaration comes amidst a shift in perceptions surrounding the XRP Ledger, largely influenced by growing regulatory clarity and notable backing, including from U.S. President Donald Trump.
While the idea of a reserve had been floated before, this marks the first time specific altcoins were highlighted, analysts told Cointelegraph.
Renowned U.S. economist Peter Schiff, sharply criticized the idea of including XRP in the United States Cryptocurrency Strategic Reserve, questioning its purpose amid broader discussions about digital assets in the American economy.
Prices have pulled back to the descending trendline from Jan. 16 highs.
The announcement led to a 60% increase for ADA and a 25% increase for XRP.
With a snap of the presidential fingers, XRP enters history. The SEC falters, Garlinghouse exults: a new era blows over crypto.
Schiff reluctantly accepted the idea of a U.S. Bitcoin reserve—but sees the inclusion of XRP as pointless.
Trump's crypto bombshell sent markets surging, with XRP, SOL, and ADA leading the charge before Bitcoin and Ethereum were added.
Lawyer James “MetaLawMan” Murphy of Ludlow Street Advisors, LLC has provided a detailed theory on why the SEC's dismissal of the Ripple case has been inexplicably delayed.
The revival on the digital currency ecosystem has triggered a new wave of buy-ups by XRP whales on the market. At the moment, data from Whale Alert shows that at least 25,000,000 XRP left the top South Korean exchange Upbit to an anonymous wallet.
Blockchain investigator ZachXBT questions the legitimacy of ADA and XRP in Trump's crypto reserve strategy, citing their lack of major stablecoin issuers, sparking debate over their role in the evolving crypto space. The post ZachXBT Questions ADA and XRP's Role in Trump's Crypto Reserve Strategy appeared first on Cryptonews.
The assets have been the best-performing top 20 cryptocurrencies in the last 24 hours.
XRP in the U.S. Strategic Reserve. Let that sink in.
President Donald Trump's move to add XRP to the US crypto reserve has fueled hopes for a swift resolution to the Ripple vs SEC case. However, legal expert Jeremy Hogan remains skeptical, believing the XRP lawsuit could still take until May to conclude.
A court injunction restricting Ripple's securities sales has become the primary obstacle in finalizing the SEC case settlement, with resolution expected around May 2024.
The US government's decision to establish a Strategic Crypto Reserve has ignited intense discussions, with industry leaders questioning its structure and asset selection. On March 2, US President Donald Trump revealed that his executive order had directed his administration to create a national crypto reserve.
It happened – Donald Trump named five cryptocurrencies that will form the US strategic reserve. Beyond Bitcoin ($BTC), the US government will buy Ethereum ($ETH), Solana ($SOL), Cardano ($ADA), and XRP ($XRP).
It happened – Donald Trump named five cryptocurrencies that will form the US strategic reserve. Beyond Bitcoin ($BTC), the US government will buy Ethereum ($ETH), Solana ($SOL), Cardano ($ADA), and XRP ($XRP).
David Schwartz, the chief technology officer at Ripple has reacted to the news about the US president's approval of the strategic cryptocurrency reserve, where aside from Bitcoin and Ethereum, also will be included ADA, XRP, and SOL so far.
XRP has surged over 30% to trade above $2.75, fueled by technical strength, significant whale accumulation, and speculation about its potential inclusion in a US Crypto Reserve mentioned by President Trump.
As part of the monthly release of 1 billion XRP tokens, Ripple unlocked another 1 billion XRP on 3rd March 3 before re-locking back the 700 million XRP tokens into an escrow wallet. This came after U.S. President Donald Trump announced on Truth Social that select cryptocurrencies, including XRP, were added to the new U.S.
Legal experts analyze Ripple's ongoing lawsuit with the SEC, highlighting settlement challenges, as XRP gains momentum following its inclusion in Trump's U.S. Crypto Reserve, sparking a 24% market rally. The post Legal Expert Reveals Potential Ripple Lawsuit Outcome as XRP Added To Trump's Crypto Reserve appeared first on Cryptonews.
IOTA is showing strong signs of a reversal after bouncing from key support levels. Is this the beginning of a major rally?
Cardano's ADA token surged 70% to $1.19 after being named in President Trump's Strategic Crypto Reserve initiative, accompanied by increased network activity and whale accumulation.
President Donald Trump has reaffirmed his commitment to cryptocurrency by announcing plans for a US government-held digital asset reserve.
XRP has surged 30% following a groundbreaking announcement by U.S. President Donald Trump regarding a “US Crypto Reserve.” The inclusion of XRP in this proposed reserve has triggered a wave of investor confidence, driving up both price and market participation.