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news-imageFebruary 6, 2025

XRP Price Projections: Ripple Whales Are Spending Millions Of Dollars, But It's Not on XRP

Ripple whales are spending millions of dollars as they look to position themselves in this bull run. Surprisingly, these Ripple whales aren't investing in XRP but the AI altcoin WallitIQ (WLTQ). This move is more surprising considering that the XRP price currently boasts a bullish outlook, having surged above $3.
Publisher: Crypto Reporter
Sentiment: Neutral
XRP

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Negative
cover-imageBitcoin
February 6, 2025

XRP Price Analysis: Bulls Struggle to Defend Critical Support at $2.40

XRP currently trades at $2.40, boasting a market valuation of $138 billion alongside a 24-hour trade volume flow of $6.41 billion. Its price fluctuated between $2.36 and $2.55 during the session, lingering 29% below its historic peak price. XRP On XRP's hourly chart, the digital asset oscillates within a constricted corridor of $2.35 to $2.

Negative
cover-imageThe Daily Hodl
February 6, 2025

Ripple CTO Says XRP Ledger's Hour-Long Outage Possibly Caused by Network Drifting Apart

The XRP Ledger is now operational again after suffering an hour-long outage on Tuesday, according to David Schwartz, Ripple's chief technology officer. Schwartz says it's not entirely clear what caused the network problem. “Super-preliminary observation: It looked like consensus was running but validations were not being published, causing the network to drift apart.

Negative
cover-imageInvezz
February 6, 2025

XRP tumbles 12% as Hong Kong excludes it from approved crypto list

Ripple's XRP has been left out of Hong Kong's list of approved cryptocurrencies for trading, raising fresh concerns about its regulatory standing in global markets. The Securities and Futures Commission (SFC) released a list of digital assets that can be legally traded on licensed platforms, but XRP was notably absent.

Positive
cover-imageThe Currency Analytics
February 6, 2025

XRP's Potential to Reach $100: Key Factors Explained

XRP has gained renewed attention in the crypto space, with many enthusiasts, including internet celebrity Tristan Tate, wondering about the token's potential to surge from its current price of around $2.5 to $100. While this may seem a stretch to some, one trader, Steff, believes that multiple factors could contribute to such a dramatic rise in XRP's value.

Negative
cover-imageCrypto Reporter
February 6, 2025

Ethereum and Ripple Bow To Bearish Pressures As This New DeFi Coin Soars 700%

Ethereum ignited a recovery wave after slipping below $2,500, underperforming Bitcoin. The large-cap altcoin tested the $2,120 region and swiftly began its recovery wave. Notably, ETH surpassed the $2,500 and $2,550 resistance levels and climbed above its 50% Fib retracement level of the downward move from the $3,402 swing high to the $2,127 swing low.

Neutral
cover-imageCoinPedia
February 6, 2025

Ripple vs. SEC Update: Will New Leadership End the Case?

The ongoing Ripple vs. SEC lawsuit is back in the spotlight as legal experts predict a potential shift in the agency's approach. With uncertainty surrounding SEC leadership and a notable change in its stance on crypto cases, speculation is rising on whether the lawsuit could be dismissed or settled soon.

Negative
cover-imageCoinPedia
February 6, 2025

XRP Price Prediction For February 6

Ripple's XRP is currently down by more than three percent and is retesting levels below the $2.50 mark. The price hit a low of $2.36 in the last 24 hours and is now eyeing to break above the $2.50 and $2.70 levels. These levels have provided strong support for XRP's price in the past.

Positive
cover-imageCoinPedia
February 6, 2025

Ripple Expands US Workforce by 75% After Elections: Is the SEC Lawsuit Ending Soon?

Ripple's CLO, Stuart Alderoty, recently shared his thoughts on the new U.S. administration's approach to cryptocurrency. In an interview with CNBC, Alderoty expressed his satisfaction with the changes brought about by the new administration. He explained that the previous administration had essentially waged a “war” on crypto, pushing the industry out of the U.S.

Negative
cover-imageThe Currency Analytics
February 5, 2025

Ripple Restores XRP Ledger After 64-Minute Outage

Ripple's XRP Ledger experienced a brief but significant outage on February 5, 2025, causing a 64-minute disruption in network operations. The temporary shutdown caused some concerns among users and impacted the price of XRP, leading to a slight dip in market sentiment.

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