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news-imageJanuary 28, 2025

US-Based Cryptos Could Be Exempt From Taxes: Can This Trigger 40% Rally for XRP, HBAR, and DTX?

Cryptocurrencies created in the USA could be exempt from profit taxes. This means good news and possible ATH for Ripple, Hedera (HBAR), and the new altcoin DTX Exchange.
Publisher: Crypto Daily
Sentiment: Positive
HBAR
XRP

More News Articles

Positive
cover-imageThe Currency Analytics
January 30, 2025

XRP Price Jumps 10% as Golden Cross Hints at More Gains

XRP has experienced a significant 10% surge over the past 24 hours, with its market capitalization reaching $181 billion and daily trading volume exceeding $10 billion. This positive momentum comes as XRP continues to show resilience, especially after its record-breaking performance in mid-January.

Positive
cover-imageBenzinga
January 29, 2025

Bitcoin, Ethereum, XRP, Dogecoin Grind Up After As-Expected Fed Rate Cut Decision

Cryptocurrency markets are trading slightly up as the Federal Reserve continue to hold interest rates steady. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $103,822 +2.6% Ethereum (CRYPTO: ETH) $3,119 +0.6% Solana (CRYPTO: SOL) $233.27 +2.1% XRP (CRYPTO: XRP) $3.00 +0.2% Dogecoin (CRYPTO: DOGE) $0.3288 +2.3% Shiba Inu (CRYPTO: SHIB) $0.00001853 +1.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 21.4% and daily active addresses falling by 7.8%.

Neutral
cover-imageThe Currency Analytics
January 29, 2025

XRP Price Outlook: Key Levels to Watch for Bullish Momentum

XRP's price action has been a rollercoaster lately, with the asset showing impressive gains followed by sharp pullbacks. After surging over 5% to an intraday high of $3.2137 on the back of Ripple's latest licensing developments, the altcoin struggled to maintain its bullish momentum, giving up most of the gains by the end of the day.

Negative
cover-imageCoinPedia
January 29, 2025

HBAR at Risk, Will It Rally 25% or Drop 35%?

Amid this massive price decline, Hedera's native token, HBAR, has reached a crucial support level, creating a make-or-break situation for the asset. In the past two weeks, the token has witnessed a notable price drop of over 25% and has reached a level where it has historically experienced price reversals.

Positive
cover-imageThe Currency Analytics
January 29, 2025

Hedera (HBAR) Rally Stalls Despite $2.46 Million Spot Inflows

Hedera's native cryptocurrency, HBAR, recently experienced its first major spot inflows in over ten days. The $2.46 million influx into the market has managed to boost the price of HBAR by 2% in the last 24 hours, aligning with broader positive trends across the crypto market.

Positive
cover-imageNewsBTC
January 29, 2025

XRP Is The Best Looking Altcoin Chart Right Now, Says Crypto Analyst

Renowned trader and market commentator Jacob Canfield (@JacobCanfield) has identified XRP as the standout performer among altcoins, sharing a price chart on X that underscores the token's recent momentum. While most altcoins have suffered double-digit losses in recent days, the XRP price has held up exceptionally well.

Positive
cover-imageCoinPedia
January 29, 2025

Margex Exchange Adds Ripple's RLUSD Stablecoin for Crypto Trading

Margex, a well-known crypto trading platform, has announced its support for Ripple's RLUSD stablecoin. This addition allows traders to use RLUSD as collateral when trading various crypto pairs. The move aims to provide users with more secure and efficient trading options, reinforcing Margex's commitment to innovation and accessibility in the crypto market.

Positive
cover-imageThe Motley Fool
January 29, 2025

Should You Buy XRP in 2025?

Amid all the pro-crypto optimism surrounding the Trump administration, the price of XRP (XRP -3.03%) has absolutely skyrocketed. It's now up 450% since the election.

Positive
cover-imageUToday
January 29, 2025

1,050,000 RLUSD Minted as Ripple Stablecoin Marks New Milestone

In a significant development, Ripple has minted 1,050,000 RLUSD tokens at the RLUSD Treasury, according to the X Community account Ripple Stablecoin Tracker. The minting of 1,050,000 RLUSD tokens remains significant as the Ripple stablecoin continues to expand its presence in the stablecoin market.

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