Momentum builds for an XRP-spot ETF as the SEC acknowledges filings. Could this be the catalyst XRP investors have been waiting for?
The crypto market on Saturday again garnered investor attention across the globe, with coins mainly illustrating rising price trajectories. Bitcoin (BTC) price traded near the $98K level on February 15, whereas Ethereum (ETH), Solana (SOL), and XRP prices pumped 1%-10%.
Crypto analyst Dark Defender has predicted that the XRP price could soon rally to a new all-time high (ATH) of $5. The analyst revealed a bullish pattern that had formed for XRP, which showed that the crypto could reach this price target and rally higher.
After Dogecoin has fallen below $0.30, DOGE has continuously seen static big player movements.
Ripple CEO Brad Garlinghouse recently endorsed Brian Quintenz for CFTC chair, emphasizing the CFTCs vital role in maintaining strong U.S. markets. Garlinghouse also supported the Financial Innovation and Technology for the 21st Century Act (FIT21), which seeks to make the CFTC the primary crypto industry regulator.
XRP has experienced a strong price rebound over the past 48 hours, resulting in $1.07 million in liquidations, according to CoinGlass data. Of this, $596,580 was from long traders, while short traders accounted for $476,140.
Crypto pundit Andrei Jikh has reignited the $100 XRP price target, sparking a bullish sentiment in the XRP community. The analyst outlined several factors that could contribute to the parabolic rally to the ambitious $100 target.
Dogecoin (DOGE) has faced a significant market downturn recently, with its market cap dropping to $38.9 billion, a sharp 45% decline from its peak of $71 billion in December 2024. Despite this decline, the cryptocurrency still holds considerable growth potential, and analysts continue to explore what might happen if Dogecoin's market cap achieves key milestones.
Solana is currently recovering a sizable portion of its lost value which suggests a possible reversal. On the chart a hidden head and shoulders pattern is developing though and it might be a significant indication of an approaching retracement.
Ripple's (XRP) February stagnation has caused concerns among altcoin investors who are now looking for ways to undo recent losses. RCO Finance has presented itself as a cheap altcoin alternative that uses an AI-based approach to streamlining participation in the finance sector.
XRP has seen a significant price surge today, outperforming top cryptocurrencies like Bitcoin and Ethereum. After several days of sideways movement, XRP's price has surged from $2.42 to an intraday high of $2.76, marking a 14% gain.
A known crypto investor made a bold claim that Dogecoin is the king of all cryptocurrencies, stirring a debate and discussion among members of the cryptocurrency community. Global Macro Investor founder and CEO Raoul Pal believes that the popular meme coin is capable of becoming “the hardest money ever created,” citing how Dogecoin has outperformed Bitcoin historically.
Ripple (XRP) price surged 7% on Friday amid bullish sentiment fueled by the SEC's acknowledgment of Grayscale's XRP and Dogecoin ETF filings. With open interest lurking below $4 billion, bull traders are eyeing a potential retest of the $3 territory.
Betting markets show a higher probability of approval of a spot Dogecoin (DOGE) ETF. According to Polymarket data, there is currently a 74% chance of approval till the end of 2025, which is 37% higher since Donald Trump's inauguration.
XRP's price action within the past seven days has been limited to a trading range as investors look to recover the losses they incurred at the beginning of February. This range is a consequence of the current indecisiveness on the XRP price.
Crypto markets are experiencing strong momentum on Friday, with key assets posting gains. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,205.44 +2.7% Ethereum (CRYPTO: ETH) $2,744.60 +3.9% Solana (CRYPTO: SOL) $202.28 +5.2% XRP (CRYPTO: XRP) $2.79 +13.5% Dogecoin (CRYPTO: DOGE) $0.2775 +8% Shiba Inu (CRYPTO: SHIB) $0.00001688 +4.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.8% and daily active addresses growing by 5.3%.
XRP has become a major focus in the cryptocurrency market as its price has surged over 70% since the start of the year, reaching a seven-year high. The growing optimism around a potential approval for a spot XRP ETF by the U.S. Securities and Exchange Commission (SEC) has further fueled the bullish sentiment.
Weiss Crypto, a branch of financial rating agency Weiss Crypto, has poured cold water on the surrounding the Ripple-affiliated XRP cryptocurrency.
After dropping below the psychological price of $2.5, XRP is back in full swing since bullish momentum is building up.
Cardano's founder, Charles Hoskinson, is confident that ADA, Ethereum, and XRP will be the best performers in the current cryptocurrency space. In an episode of the Gokhstein Media podcast on February 13, he provided his view on the market's strength, the role of institutions, and the factors driving its growth.
While XRP (CRYPTO: XRP) surged 12% over the past seven days, Bitcoin (CRYPTO: BTC) has been struggling with sideways movement, weighed down by macro uncertainty, according to a prominent trader What Happened: Crypto trader CrediBULL Crypto highlighted in a post on X on Friday that XRP is reaching key resistance levels earlier than expected, while Bitcoin has yet to break above $100,000. Initially, traders expected XRP's move to align with a BTC breakout, but now there's uncertainty about whether this signals XRP's relative strength or Bitcoin's weakness.
XRP price has surged 10% in the last 24 hours, with its trading volume skyrocketing nearly 50% to $8 billion. This strong momentum has pushed XRP's Relative Strength Index (RSI) back into overbought territory for the first time in almost a month.
The U.S. Securities and Exchange Commission (SEC) has officially acknowledged an application for an XRP exchange-traded fund (ETF) filed by 21Shares. This marks another step in the growing interest in XRP-based investment products.
President Donald Trump's Solana meme coin has skyrocketed again, while major coins like Dogecoin and XRP show their own sizable increases.
Dogecoin's 2025 price predictions spark debate, while WallitIQ gains attention with explosive potential and 0% swap fees. #partnercontent
Betting markets indicate increasing confidence that a spot Dogecoin (CRYPTO: DOGE) ETF could receive regulatory approval, with Polymarket data showing a 74 percent chance of approval by the end of 2025. This represents a 37 percent increase since the inauguration of Donald Trump, suggesting rising optimism among speculators.
The SEC's acknowledgment of Grayscale's XRP ETF sparked optimism among traders, with Polymarket odds projecting an 81% possibility of approval in 2025.
XRP is upbeat once again on another promising ETF filing. However, there are much more supportive fundamentals arond the coin.
The U.S. Securities and Exchange Commission has officially acknowledged the XRP ETF application that was filed by 21Shares
The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Grayscale's application to list a spot XRP exchange-traded fund (ETF). The post Is a $10 XRP Possible? SEC Advances Grayscale's ETF Proposal appeared first on Cryptonews.
Dogecoin is trading at critical supply levels as the broader crypto market begins to show signs of life. Over the past few weeks, DOGE has faced significant volatility and uncertainty, with the price dropping to lower demand zones.
Dogecoin (DOGE) price has recently shown signs of recovery, bouncing off a two-month-old downtrend line and attempting to secure a key support level at $0.26.
Bitcoin is trading in a tight range, pointing to a possible breakout in the near future.
Based on Solana, Jupiter is the most popular DEX aggregator by trading volume.
Ripple CEO Brad Garlinghouse met with several senators and state representatives to discuss crypto policies, and he left the meeting hopeful.
XRP price jumps after SEC acknowledges Grayscale's XRP ETF filing, marking a shift in the regulator's stance.
The cryptocurrency market remains active today, with multiple assets recording high trading volumes.
The SEC has acknowledged Grayscale's proposals for Dogecoin and XRP spot ETFs and is seeking public input before making a decision on their approval.
Dogecoin (DOGE) has rallied by 6.1% in the past 24 hours and currently stands at $0.2738 as the U.S. Securities and Exchange Commission (SEC) acknowledged applications for spot exchange-traded funds (ETFs) for both DOGE and XRP.Now, the SEC has 240 days to review and issue a response for these applications.
XRP and Dogecoin surge after the U.S. SEC acknowledged Graycale's applications for XRP and DOGE spot ETFs. Plus, GameStop considers buying bitcoin and South Korea lifts a ban on crypto trading in a sign of greater global acceptance of digital assets.
As more and more experts are certain that spot ETFs on major altcoins will be approved in the U.S., cryptocurrency educator, investor and speaker Dan Gambardello says we are about to enter a brand-new territory. New developments unlock previously unseen opportunties for large institutional investors.
Ripple CEO Brad Garlinghouse is optimistic about the progress of crypto regulations in the United States after engaging with lawmakers in Washington, D.C. In a Feb. 13 post on X, Garlinghouse shared that he met with several policymakers in Washington, D.C.
Dogecoin (DOGE) has long been a favorite among meme coin enthusiasts, but its recent performance has raised concerns among investors. While DOGE still enjoys support from a loyal community, its lack of fundamental innovation has left it vulnerable to more technologically advanced competitors.
Prominent trader Unipcs believes meme coins have a history of explosive comebacks when least expected, suggesting a meme coin comeback could be around the corner. What Happened: The trader argued in a post on X on Friday that the risk/reward (R/R) ratio favors longs, as the biggest meme coins have already corrected 70-90% from their peaks just months ago.
US President Donald Trump's administration may be shelving plans for a formal “Crypto Council” in favor of a series of informal summits featuring a rotating cast of industry leaders.
Ripple's native crypto, XRP, decoupled from the heavy selling pressure emerging in the market due to the failure of Bitcoin to regain $100K. XRP turned out to be one of the biggest gainers of the day, while other major cryptos printed red indexes or gained marginally.
XRP rose 6.57% to $2.72. A significant increase in on-chain activity coincides with this price increase as the volume of XRP payments soars to 845 million.
XRP continues to hold firm above the $2 support level, maintaining investor interest despite broader market uncertainty.