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news-imageJanuary 7, 2025

XRP News Today: Deaton Weighs In – Is SEC's Appeal a ‘Fool's Errand'? BTC Hits $102k

SEC vs. Ripple heats up: XRP's price hinges on appeal developments, with potential highs or deep losses ahead. Discover the latest insights.
Publisher: FXEmpire
Sentiment: Positive
BTC
XRP

More News Articles

Positive
cover-imageCoinPedia
January 8, 2025

When Will XRP ETF Launch? Ripple's Bold Predictions for 2025

The market is manifesting for new crypto ETFs in 2025 which can help the market to recover the December losses. The top focus right now is XRP, Ripple President Monica Long has sparked fresh excitement in the crypto world, predicting that XRP could be next in line for spot ETF approval in the U.S.

Negative
cover-imageCoinPedia
January 8, 2025

Crypto Market Crash (Jan 8th, 2025): Bitcoin Price Drops to $96k | Millions Wiped Out from Market!

The cryptocurrency market experienced a sharp downturn today, with the global market cap shedding 6.12%, plunging to $3.36 trillion. A steep increase in trading volume, up 35.28% to $172.39 billion, reflects growing market activity despite volatility. The Fear & Greed Index dropped to 54, signaling a neutral sentiment as traders navigate uncertainty.

Positive
cover-imageBitcoin
January 8, 2025

Inside Bitcoin Mining's 2024 Revolution: Report Reveals Triumphs and Trials

The 2024 bitcoin mining industry reached historic milestones while grappling with significant obstacles, according to an extensive report sponsored by Nicehash and authored by Digital Mining Solutions and Bitcoinminingstock.io. The comprehensive study sheds light on unprecedented network expansion, advancements in hardware efficiency, and major economic transitions.

Positive
cover-imageCoinPedia
January 8, 2025

Ripple CEO Meets Donald Trump: A Major Announcement Looming for XRP?

Ripple CEO Brad Garlinghouse has confirmed a significant meeting with former U.S. President Donald Trump, held at Trump's Mar-a-Lago resort. Accompanied by Ripple's Chief Legal Officer Stuart Alderoty, the dinner highlights Ripple's expanding influence amidst the changing regulatory environment in the US, sparking optimism for the crypto market in 2025.

Positive
cover-imageNewsBTC
January 8, 2025

Bitcoin Outflows On Binance Suggest Growing Accumulation–Bullish Momentum Ahead?

After weeks of fluctuating performance, Bitcoin is once again in the spotlight as on-chain data highlights critical trends emerging from Binance, the world's largest cryptocurrency exchange. The latest insight reveals that there has been an interesting move in Binance's Netflow Simple Moving Average (SMA14), a key indicator often associated with shifts in Bitcoin's short-term price direction.

Negative
cover-imageCoinPedia
January 8, 2025

Why Is Bitcoin (BTC) Price Dropping Today?

The cryptocurrency market faced a sharp sell-off on January 7, losing $250 billion in value within 24 hours. Bitcoin (BTC), the leading cryptocurrency, dropped to $96,000 from $102,000, marking a significant fall. Here are the key reasons why Bitcoin's (BTC) price drops.

Positive
cover-imageTokenpost
January 8, 2025

Ripple President Monica Long Highlights Complementary Role of XRP and RLUSD

Ripple President Monica Long emphasized the complementary roles of the blockchain-native asset XRP and Ripples newly launched stablecoin RippleUSD (RLUSD) during an interview with Bloomberg on January 7. Addressing concerns about potential competition between RLUSD and XRP, Long clarified, XRP serves as the foundational asset of the blockchain, while stablecoins like RLUSD play a supportive role.

Positive
cover-imageThe Currency Analytics
January 8, 2025

Bitcoin ETFs See Nearly $1B in Inflows as BTC Surpasses $102K

Bitcoin exchange-traded funds (ETFs) in the United States saw a massive surge in inflows as Bitcoin's price surged past the $102,000 mark. According to data from So Value, spot Bitcoin ETFs recorded an impressive $987.06 million in inflows, marking their second consecutive day of strong demand.

Positive
cover-imageBitcoin
January 8, 2025

US Bitcoin Reserve Could Trigger Bull Run of Epic Proportions

The U.S. could accumulate up to 400,000 bitcoins in 2025, a move Devere Group predicts could trigger a massive bull run and reshape global markets. Bitcoin Bull Run of Epic Size Incoming? How US Accumulation Could Spark It Nigel Green, CEO of Devere Group, an independent financial advisory firm, is forecasting that the U.S.

Positive
cover-imageThe Currency Analytics
January 8, 2025

XRP SuperTrend Signals Buy Again, Potential 470% Surge

XRP is once again flashing a buy signal from the Super Trend indicator, which previously led to a staggering 470% price surge. Market analyst Ali Martinez highlighted this development, signaling an imminent recovery for XRP after a strong start to 2025.

Negative
cover-imageCoinPedia
January 8, 2025

XRP Price Prediction For January 8

Ripple's XRP has slipped back to fourth position after erasing almost three percent of the gains made in the last 24 hours. The price is now battling to stay above the $2.30 mark and if the price breaks below key support levels, particularly $2.24, it may hint at a change in market structure.

Positive
cover-imageThe Currency Analytics
January 8, 2025

Strive Asset Management Proposes Bitcoin Bond ETF to SEC: A New Path for Institutional Investors

Strive Asset Management, co-founded by Vivek Ramaswamy, has taken a bold step in the cryptocurrency space by filing for a Bitcoin Bond Exchange-Traded Fund (ETF) with the U.S. Securities and Exchange Commission (SEC). This new financial product aims to provide indirect exposure to Bitcoin by investing in convertible bonds issued by companies like MicroStrategy, which use the proceeds to purchase Bitcoin.

Positive
cover-imageNewsBTC
January 8, 2025

Bitcoin Signal That Took Price From $69,000 To $108,000 Appears Again

Data shows that a Bitcoin indicator has recently formed a pattern that has proved to be quite bullish regarding the cryptocurrency's price. Bitcoin Coinbase Premium Index Has Crossed Above Its 14-Day SMA In a new post on X, the on-chain analytics firm CryptoQuant has discussed a pattern that has recently formed in the Bitcoin Coinbase Premium Index.

Positive
cover-imageThe Currency Analytics
January 8, 2025

Grayscale and Artemis Label XRP as a Store of Value

XRP, the native cryptocurrency of the XRP Ledger, has recently earned recognition as a “store of value” from two major digital asset firms—Grayscale and Artemis. This significant classification places XRP alongside other high-caliber cryptocurrencies, cementing its place in the digital asset landscape.

Positive
cover-imageTokenpost
January 8, 2025

Ripple CEO Meets Trump Over Dinner: "Strong Start to 2025"

Ripple CEO Brad Garlinghouse has revealed that he dined with U.S. President-elect Donald Trump and Ripples Chief Legal Officer Stuart Alderoty, signaling optimism for 2025. Taking to X (formerly Twitter) on January 8, Garlinghouse shared, Had a fantastic dinner with Donald Trump and Stuart Alderoty.

Negative
cover-imageCoinPedia
January 8, 2025

Time to Buy XRP? $60.7M in XRP Outflow from Exchanges Amid Crash

XRP, the native token of Ripple Labs, is poised for a massive price decline as it fails to hold a crucial support level. Despite this bearish outlook, long-term holders appear to be accumulating the tokens and seem to be taking advantage of the recent price decline, as reported by the on-chain analytics firm Coinglass.

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