SEC's closed meeting sparks speculation on Ripple's case. Will a leadership shift end the legal battle and drive XRP to new highs?
Scott Bessent, a billionaire hedge fund manager, is now the 79th U.S. Treasury Secretary under Trump. Crypto leaders, including Ripple's Brad Garlinghouse, celebrate his pro-innovation stance, anticipating major policy shifts. Scott Bessent Confirmed as Treasury Secretary, Signaling Pro-Crypto Shift Scott Bessent has been confirmed as the 79th U.S.
Cardano (ADA) is showing signs of resilience. Currently priced at $0.9424, ADA has dropped by 1.56% over the past 24 hours, but it has seen an overall gain of 5.47% in the past week.
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.
Cardano's ADA has experienced significant volatility over the past week, with broader market turbulence playing a role in its price action. A notable factor contributing to the downturn was China's DeepSeek, which triggered a risk-off sentiment across the crypto market.
Plomin comes just four months after Cardano's Chang hard fork, which put many of the mechanisms in place for Wednesday's upgrade.
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%.
A heated debate has flared within the cryptosphere in recent days regarding the possible inclusion of other crypto assets apart from Bitcoin (BTC) in a proposed United States digital asset stockpile.
Cardano is set to activate the Plomin hard fork later Wednesday, ushering in a new era of decentralization for the blockchain network.
Cardano's Plomin hard fork is set to go live late Wednesday, letting ADA token holders participate in network governance.
XRP has been riding a volatile wave, with the price experiencing a sharp 17% decline before a notable rebound. While this dip caught the attention of investors, the token's long-term outlook remains bullish, driven by accumulation and growing confidence in Ripple's network.
XRP's price has experienced a volatile roller-coaster in recent days, testing both bulls and bears alike. Yesterday, the cryptocurrency saw a significant 5% surge, reaching an intraday high of $3.2137.
An XRP price drop below $2.95 could be a bull trap to collect downside liquidity, but the same scenario could be followed by a 45% rally to new highs.
Cardano is fully entering the Voltaire era of decentralized governance, and it released a roadmap to explain the rollout of these changes. It identifies three categories that require meaningful upgrades: scalability, usability, and utility.
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.
Cardano Foundation CTO Giorgio Zinetti joins CoinDesk with the latest update on the Plomin hard fork deployment, which has switched the blockchain to decentralized governance. Plus, insights into the voting system and Cardano's global influence.
Bitcoin's volatility is likely to pick up following Fed Chair Jerome Powell's comments, but the potential direction of the price move remains elusive to most traders.
The Fed is expected to announce its rate cut decision later this Wednesday.
Crypto analyst Egrag Crypto has provided an ultra-bullish outlook for the XRP price. The analyst revealed how XRP could flip the Ethereum price to become the second-largest crypto by market cap, behind Bitcoin.
Monetary tensions are intensifying as the BRICS accelerate their quest for independence from the US dollar. This dynamic is upending global economic strategies and prompting major powers to rethink their financial reserves.
Cardano is set to activate the Plomin hard fork by 21:44 UTC on Jan. 29, ushering in a new era of decentralization for the network. This upgrade, confirmed in a Jan. 29 statement shared with CryptoSlate, grants ADA holders direct voting power over critical network decisions, including parameter adjustments, treasury withdrawals, and hard forks.
TL;DR Cardano activates the Plomin hard fork, granting ADA holders voting power on important decisions within the network. The update met the requirements for stake pool participation and the Interim Constitutional Committee. ADA fell by more than 3.4% in the last 24 hours, as the market continues to evaluate the impact of the update.
The Cardano blockchain is set to undergo an upgrade with the launch of the Plomin hard fork on January 29, 2025, at 21:45 UTC. The hard fork is meant to steer Cardano's transition toward a fully decentralized governance, as confirmed in a recent post by the Cardano Foundation on X.
XRP is showing signs of a potential breakout, as it recently pushed past the median of its Bollinger Bands on the daily time frame, now sitting at $3.067. This development is an interesting signal.
TL;DR Brad Garlinghouse discussed with Trump the possible inclusion of Ripple (XRP) in the U.S. strategic reserve. Despite the announcement, XRP dropped 3.4% in the last 24 hours, with a 40% decline in trading volume. The market has yet to react to these discussions, waiting for concrete actions instead of statements.
Cardano is taking a major step toward decentralized governance with the activation of the Plomin hard fork. This upgrade gives Cardano (ADA) holders direct voting power over key blockchain decisions, including protocol changes, treasury management, and governance proposals.
Chinese AI company DeepSeek faces privacy concerns, prompting reactions from XRP lawyers, US officials, and tech industry leaders.
Stuart Alderoty, Ripple's Chief Legal Officer, has expressed optimism that the future leadership of the U.S. Securities and Exchange Commission (SEC) could shift the trajectory of the company's ongoing legal battle.
On-chain analytics provider Santiment data published its January report, looking back at the performance of major cryptocurrencies like Bitcoin (CRYPTO: BTC), Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP). What Happened: January brought extreme volatility to crypto, largely fueled by the inauguration of Donald Trump as the 47th U.S. president.
The Plomin hard fork, set to go live on Wednesday, marks a significant milestone for Cardano by enabling decentralized governance.
Ripple's price has been rallying higher over the past few months, and this is true against both USDT and BTC. Yet, as the technical charts suggest, XRP could rise even higher in the near future.
In a key development that has caught the attention of XRP fans, the Ripple suit seemingly vanished from the U.S. Securities and Exchange Commission's website.
SEC's removal of the Ripple lawsuit info sparks speculation that it may be dismissed, fueling optimism in the crypto community.
Right now, the spot exchange needs to handle the buying activity well to prevent a price collapse.
Cardano is set for a major milestone as the blockchain network looks to evolve with fully decentralized governance. On January 29, the Cardano Foundation announced the Plomin hard fork, a blockchain upgrade that introduces key governance changes to Cardano (ADA), takes effect “tonight”.
Ripple is aiming for broader adoption of RLUSD by targeting major exchanges like Coinbase, Binance, and Bybit, despite facing technical and regulatory challenges.
The latest Cardano hard fork introduces new governance actions such as protocol upgrades and treasury withdrawals.
Today is a big day for Cardano, as the much anticipated Plomin Hard Fork is set to be enacted tonight. According to Intersect, the mainnet hard fork governance action has been successfully ratified on-chain.
A new Ripple USD (RLUSD) reserves report has been revealed by BPM. The report focuses on Ripple's subsidiary, Standard Custody & Trust Company, which is responsible for the completeness, accuracy and validity of RLUSD reserves until Dec. 31, 2024.
Cardano's Plomin hard fork brings full decentralized governance, giving ADA holders voting power over key blockchain decisions.
Cardano price has consolidated this year, but numerous technical patterns point to a potential rebound. ADA is now in the fourth Elliot wave phase, has formed a triple-bottom and a bullish pennant.
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.
Jacob Canfield, seasoned trader and analyst, shares his thoughts on XRP's price performance in the short term. The Ripple-linked cryptocurrency is “unironically” among his altcoin picks right now.
The downward momentum on Cardano price seems to be weakening amid broader market recovery. Is ADA about to reverse from consolidation?
Analysts in the cryptocurrency market project 2025 industry predictions will ride on Bitcoin alongside Ethereum, XRP and Ozak AI.
This update represents a significant evolution for the entire ecosystem.
This upgrade marks a pivotal moment, giving ADA holders more control over the network's future. With the official draft of the Cardano constitution signed in December 2024, the next step is an on-chain vote by the community and Delegated Representatives (DReps).
Eric Balchunas, a senior Bloomberg ETF analyst, has suggested that the potential for a Bonk 2x ETF remains strong.