Mike Novogratz, the CEO of Galaxy Investment Partners, has one thing to say about the XRP Army: they've proven that community is an economic force. Mike admitted that crypto's most rabid fanbases, like XRP's, have completely changed how investors view value.

Despite positive catalysts like institutional adoption and discussions around Bitcoin's potential inclusion in sovereign wealth funds, the cryptocurrency market is trading lower on Thursday, with traders closely watching Bitcoin's $95,500 support level. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,588.31 -1% Ethereum (CRYPTO: ETH) $2,710.63 -2% Solana (CRYPTO: SOL) $191.80 -3.7% XRP (CRYPTO: XRP) $2.33 -4.4% Dogecoin (CRYPTO: DOGE) $0.2481 -4% Shiba Inu (CRYPTO: SHIB) $0.00001505 -5.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 4.9% and daily active addresses falling by 3.4%.

Ripple CEO Brad Garinghouse is celebrating his 54th birthday on Feb. 6 after securing some key wins on the regulatory front.

XRP price recently faced a sharp pullback after a strong rally pushed it from $0.50 to a multi-year high of $3.40. The Ripple has since dropped nearly 25%, showing increased volatility, and is currently hovering around $2.5.

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.

For what it seems, considering that these two tokens account for over half the market cap of all meme coins, the odds of a short-term reversal are high.

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.

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.

The Cardano (ADA) price bubble could be in the process of popping, with the ADA bears in control of the market on Thursday and the crypto currently down 11% on the week and down nearly 50% from recent highs. The post Cardano Price Analysis: Is February Going to be “Crazy Month” of ADA Gains? appeared first on Cryptonews.

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.

A new analysis by crypto strategist Ali Martinez suggests that Cardano (ADA) might be on the cusp of a significant upward move—potentially reaching the $15 price mark, which would represent a staggering 1,850% rally from current levels near $0.76. “If historical data is any guide, Cardano could be at the very beginning of a monster parabolic rally!

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.

Cryptocurrencies remain volatile on Thursday, with tokens displaying mixed performances. Bears have dominated since the US declared the partially-delayed tariffs on China, Canada, and Mexico. Meme coins traded downward, with the meme market capitalization plunging by over 7% to $74.1 billion. Moreover, the declined 24-hour trading volume indicates fading investor interest in meme assets.

Sentiment around Cardano's ADA cryptocurrency is waning, with the token falling by nearly 22% over the last week, according to CoinGecko data. The outlook seems even grimmer when looking at ADA's monthly chart, which shows a 35.9% loss for investors who purchased the crypto above $1.1.

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.

The price of popular cryptocurrency Cardano (ADA) may see explosive price performance against the leading coin, Bitcoin (BTC), in the near future. At least that is what the ADA/BTC chart suggests.

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.

The Virtune Staked Cardano ETP (VIRADAE) has been formally introduced on Nasdaq Helsinki by Virtune, a regulated digital asset manager with headquarters in Sweden. For Cardano (ADA), this is a major turning point as it gives institutional and individual investors a new avenue to invest in ADA and earn staking rewards.

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.

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.

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.

Cardano is expanding as Swedish asset manager Virtune AB has launched a new exchange-traded product (ETP) that tracks the coin. The product, launched alongside Avalanche ETP, now trades on Nasdaq Helsinki, giving institutional investors a new way to gain exposure to the coin.

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.