XRP experienced a dramatic price fluctuation, recovering from a significant dip that saw its value plummet to a nine-week low of $1.771 on Binance. This drop marked a challenging moment for XRP, which led to substantial losses in the market, especially in the derivatives space.
Ripple's ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) has drawn attention within the crypto industry. The case, which began in 2020, centers around allegations that Ripple Labs failed to register its XRP token as a security with the SEC.
XRP, the third largest crypto by market cap, has gained tremendous attention lately for numerous reasons, including the possibility of the launch of XRP Spot ETFs in 2025. Notably, in the last one year, the XRP market has showcased an impressive growth of 395%.
The XRP Ledger (XRPL), the blockchain network that powers XRP (CRYPTO: XRP), experienced an unprecedented hour-long interruption in block production on Tuesday before spontaneously recovering, according to Ripple‘s Chief Technology Officer David Schwartz. What Happened: “The network is now recovering.
The Ripple blockchain appears to have run into problems, which have now been resolved, according to the fintech firm.
XRP price is once again facing strong selling pressure, crashing more than 8% and moving back to $2.50. The Ripple token fall comes as the XRP Ledger halted blockchain production for nearly an hour on Tuesday.
Barstool Sports founder and social media personality Dave Portnoy has doubled down on his crypto investments, revealing during a livestream on February 3 that he purchased an additional $1 million worth of XRP. Why XRP? Portnoy, known for his unapologetic approach to trading and gambling, made the announcement as he discussed Monday's market's downturn.
The XRP Ledger paused block production for about an hour on Tuesday before recovering independently, marking a rare disruption for one of the oldest networks in crypto.
The XRP Ledger recently experienced a significant technical failure, halting block production for roughly an hour.
The cryptocurrency market has witnessed a sharp decline today, with the global market cap falling by 2.84% to $3.22 trillion. Trading volume also took a significant hit, dropping by 24.46% to $193.73 billion. The Fear & Greed Index currently stands at 38, reflecting a neutral sentiment among investors.
Ripple's legal uncertainty weighs on XRP as traders await SEC appeal plans. Could a reversal in stance unlock new highs, or is volatility ahead?
XRP price recovered most losses and rallied toward $2.75. The price is now facing hurdles near the $2.70 zone and might start another decline.
Ripple's technology chief, David Schwartz, said the firm is investigating after its XRP Ledger stopped for just over an hour on Feb. 4.
XRP rebounds 20% in 24 hours despite whale sell-offs and trade tariff uncertainties. Will $3 hold?
The incident highlights the resilience and self-correcting capabilities of blockchain networks, emphasizing the importance of robust safeguards. The post XRP Ledger resumes operation after brief network halt, no loss of user assets appeared first on Crypto Briefing.
XRPs price action has caught traders attention, surging 367% against Bitcoin since November at its peak. Now, a major technical indicator has emergeda golden cross on the weekly chart.
The cause of Monday's halt is under investigation, but early analysis points to a consensus issue where validations weren't published.
After an impressive price reversal, the crypto market once again seems to be facing a dip across various cryptocurrencies. Amid this, XRP, the native token of Ripple Labs, is gaining significant attention from crypto enthusiasts despite the continuous price decline, as reported by the on-chain analytics firm Coinglass.
The outlook for altcoins appears grim relative to Bitcoin as a fresh trade war potentially exploding between the U.S. and its major trading partners risks destabilizing the world economy. Still, some coins are flashing bullish hints.
Cryptocurrency markets are trading lower on reduced volatility on Tuesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,858.48 -2.9% Ethereum (CRYPTO: ETH) $2,747.65 +0.8% Solana (CRYPTO: SOL) $207.51 -2.2% XRP (CRYPTO: XRP) $2.58 -3.1% Dogecoin (CRYPTO: DOGE) $0.2646 -4.6% Shiba Inu (CRYPTO: SHIB) $0.00001571 -2.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 60.8% and daily active addresses rise by 14.3%.
Ryan Rasmussen, head of research at Bitwise Invest, has revealed that a "multi-billion dollar wealth management team" is interested in allocating XRP in their clients' portfolios alongside some other cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has now spanned over four years, drawing sharp criticism from Ripple's CEO, Brad Garlinghouse, and other crypto industry leaders.
XRP experienced one of the most dramatic price swings in its history, enduring a significant crash before swiftly recovering 42% in a matter of hours. This massive price movement caught the attention of traders, some of whom were able to capitalize on the steep drop, securing nearly 50% gains by buying the dip.
The cryptocurrency market has entered a high-volatility phase, with SUI, XRP, and Bitcoin all experiencing significant price swings. SUI is teetering on a key support zone, raising concerns of a potential 40% crash.
Internet celebrity Tristan Tate has questioned the basis of why pro-XRP enthusiasts believe the crypto will surge past $100 this year.
XRP price faces a double bearish divergence which could trigger a 25% correction.
As chronicled by blockchain forensic expert Zachxbt in a recent investigative report, operatives linked to North Korea attempted to transfer 46,300 XRP to a digital asset platform but committed a critical misstep by omitting a mandatory destination identifier.
Hackers associated with the Democratic People's Republic of Korea (DPRK) have reportedly lost 46,300 XRP, worth approximately $121,000, after making a doltish error during a cryptocurrency transaction. The incident, which occurred on February 4, 2025, at around 14:04 UTC, was identified by crypto security sleuth ZachXBT on his Telegram channel.
The XRP price held steady on Tuesday and remained about 52% above its lowest level this week. This rebound was because trade tensions between the US, Mexico, and Canada eased.
XRP, the third largest cryptocurrency by market capitalization, is seeing a spike in open interest, with traders making significant moves in the last 24 hours.
The launch of a potential XRP Exchange-Traded Fund (ETF) has sparked discussions about whether Ripple (XRP) could finally break past the $10 mark. While XRP faces increased volatility, its growing adoption and institutional interest suggest that a long-term rally may be in sight.
Over the past 90 days, the following 10 altcoins have led the market, with XCN and FARTCOIN emerging as frontrunners with 4-digit gains.
Ripple, the company behind XRPL (XRP) core development and its largest token holder, is preparing its treasury for February sales. Onchain data reveals Ripple has reserved 300 million XRP from the 1 billion unlocked on February 1.
The U.S. Securities and Exchange Commission (SEC) has recently implemented a significant change in its approach to crypto-related investigations. Under the new policy, SEC lawyers must now obtain approval from politically appointed leadership before they can initiate formal probes into cryptocurrency projects.
XRP is trading at $2.614 to $2.645 per coin over the last sixty minutes with a market capitalization of $152 billion, a 24-hour trade volume of $16.82 billion, an intraday price range between $2.25 and $2.78, and a gain of over 12% against the U.S. dollar in the past day.
With the price of BTC once again falling below $100,000, the crypto XRP seems to be ready for a pump.
Charles Hoskinson has intensified chatter that Cardano might add Ripple's stablecoin, RLUSD, to its platform. He mentioned that Cardano's team regularly talks with Ripple's leaders about using RLUSD.
Bitcoin (CRYPTO: BTC) is trading around $99,200 on Tuesday, following China's announcement of retaliatory tariffs on certain U.S. goods. What Happened: On Tuesday, China announced new tariffs on certain U.S. imports, marking a retaliatory response to recent U.S. trade measures.
XRP is up by almost 5.8% in the last 24 hours, trading at $2.52. Nevertheless, the token is still down since last week, with a drop of almost 19% impacted by the broader cryptocurrency market sell-off in recent days.
Ripple's XRP has experienced an impressive rally, rising 20% over the past 24 hours. After bouncing back from key support levels, XRP is now trading above $2.50 and is eyeing a return to the $3 mark.
With more than 11.8 billion XRP shifting between accounts in the last day, the XRP market has seen a significant uptick. Important questions concerning the inner workings of the XRP ecosystem are brought up by this abrupt increase in payment volume.
Explore XRP ETF rumors, DOGE's 18% price drop, and why AI crypto INTL surged 90% as Ripple faces SEC scrutiny—insights on meme coins vs. AI trading innovation.
Something interesting is happening on XRP's price chart, but whether it is the start of something bigger or just another moment in crypto's unpredictable cycle remains to be seen. The token's performance against Bitcoin (BTC) has been hard to ignore, with a 367% surge since November at its peak.
The SEC is scaling back its aggressive approach to crypto enforcement, potentially reshaping the regulatory landscape. With key litigators losing power and major decisions looming, the crypto community is watching closely.
Ripple has faced significant selling pressure amid escalating trade tensions between the U.S., China, Mexico, and Canada, leading to a breakdown below the critical lower boundary of its ascending wedge pattern. This development has introduced heightened volatility, creating uncertainty among market participants as they await a clearer directional move.
The crypto market has been experiencing significant volatility, with XRP taking a massive hit earlier this month. Due to market-wide bearish pressure, the token dropped nearly 25% in a single day. However, XRP has since regained most of its losses, showing resistance despite uncertain conditions.
XRP is staging a comeback after a sharp selloff, despite ongoing market uncertainty. The cryptocurrency has struggled following a broader crypto downturn, triggered by the rollout of tariffs by the Donald Trump White House.