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Coinjournal

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Bitcoin Pepe readies for a crypto revolution amidst a risk-off mood

  • Bitcoin Pepe, the first meme ICO on Bitcoin's network, is positioned for a crypto revolution.
  • Bitcoin price is back above the crucial support zone of $85,000 amidst a risk-off mood.
  • Bitcoin Pepe has raised over $3.8 million and sold out its first 5 stages.
  • Ripple price remains under pressure as investors maintain a risk-off mood and talks of a US crypto reserve weaken market optimism.

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Bitcoinist

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XRP Active Addresses Soar 620% As Price Volatility Continues

  • The number of active XRP addresses has skyrocketed by 620% in the past week, climbing from 74,589 to 462,650.
  • High volatility in XRP has led to increased trading interest and activity on the network.
  • The Transfer Volume, measuring the amount of XRP being moved on the blockchain, has also spiked recently.
  • XRP is currently trading around $2.47, showing a 9% increase over the last seven days.

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Pymnts

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This Week in Crypto: A Flock of Black Swan Events

  • The cryptocurrency sector is in turmoil after a dramatic week with ongoing government intervention.
  • The US President announced the creation of a US strategic cryptocurrency reserve and specified the digital assets it would include.
  • Mixed reactions were seen from the crypto space, with some questioning the selection of digital assets for the strategic reserve.
  • In addition to the presidential announcement, regulatory developments and advancements in the mainstream adoption of cryptocurrencies were observed.

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Bitcoinist

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Ripple CTO: Company Acts In Its ‘Own Interest,’ Not for XRP Holders

  • Ripple's CTO, David Schwartz, clarified that the company has no obligation to act in the interests of XRP holders.
  • Bitcoin advocate Pierre Rochard argued that Ripple can prioritize its own interests over XRP investors.
  • Schwartz endorsed Rochard's stance, stating that Ripple should act in its own interest and its shareholders' interest.
  • The ongoing debate within the XRP community revolves around the company's responsibility to drive XRP's value.

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Crypto-News-Flash

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Ripple News: XRP Community Awaits SEC’s March 6 Meeting – Could It End the Lawsuit?

  • The four-year lawsuit between Ripple Labs and the SEC may soon come to an end with a closed meeting scheduled for March 6.
  • The SEC's recent moves to drop investigations into companies like Coinbase and Uniswap have raised hopes that the XRP lawsuit may also be resolved.
  • Speculation is growing that the long-running XRP vs. SEC lawsuit may finally be heading towards a settlement or dismissal.
  • If the SEC withdraws its case before the crucial deadline of April 16, 2025, XRP could experience a significant rally.

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Crypto-News-Flash

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Ripple CTO Addresses XRP Holdings – No Obligation for Ripple to HODL!

  • Ripple's CTO, David Schwartz, clarifies the firm's role in holding XRP reserves.
  • Schwartz states that Ripple is not obligated to hold its XRP reserves and compares it to art investment.
  • Schwartz's comments are in response to the ongoing debate on Ripple's influence over XRP's value.
  • The discussion arises amidst the legal battle between Ripple and the SEC over XRP's classification.

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Bitcoinist

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Trump-Powered Rally Triggers Heavy Dumping From XRP Whales, Here’s How Much

  • XRP experienced sharp fluctuations over the past two weeks, dropping below $2 and then reaching as high as $2.8.
  • The bounce back in the crypto market was influenced by Donald Trump hinting about a crypto reserve in the US.
  • However, on-chain data indicates that XRP whales have been selling off the token heavily after the Trump-fueled rally.
  • The distribution phase is observed as early investors cash out, and exchange data shows a concurrent jump in XRP supply on trading platforms.

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Insider

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Crypto insiders say Trump's love for bitcoin is more than a fling — even though he may be making an 'unforced error'

  • Industry insiders believe that President Donald Trump is serious about his support for cryptocurrencies like bitcoin.
  • Despite facing criticism, Trump's announcement regarding a strategic crypto reserve has generated enthusiasm within the crypto community.
  • The inclusion of alternative coins like ripple, solana, and cardano in the US crypto reserve announcement caused a surge in the market initially.
  • However, some experts fear that Trump's decision might have been a misstep, especially in including altcoins alongside bitcoin.
  • Prominent figures in the crypto space, such as Anthony Pompliano and Tyler Winklevoss, have expressed concerns about the composition of the strategic reserve.
  • While opinions vary on the potential impact of the strategic reserve, many are cautiously optimistic about its implications for the industry.
  • The crypto community remains hopeful about the positive momentum in the industry under the Trump administration's pro-crypto stance.
  • Participants at the Bitcoin Investor Week conference praised the shift from the previous administration's anti-crypto stance to Trump's more supportive position.
  • Despite some uncertainties surrounding the strategic reserve, the overall sentiment is positive towards increased government support for cryptocurrencies.
  • The crypto industry anticipates further progress on the policy front under the new regime, aiming to overcome obstacles and foster growth.

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Crypto-News-Flash

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XRP Metrics Flash Bullish – Active Addresses Up 620%, Exchange Holdings Decline

  • XRP has experienced a surge in active wallet addresses and a sharp drop in reserves on Binance.
  • The asset has recorded positive gains across various trading periods and its market cap has rebounded to $143 billion.
  • XRP active addresses have increased by 620% in a week, and the XRP Ledger has seen a 24% surge in the number of accounts since early 2024.
  • Various analysts hold different opinions on the future price of XRP, with some predicting a potential drop to $1 and others remaining optimistic for a bullish breakout.

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Crypto-News-Flash

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XRP Trading Booms in South Korea as Upbit Becomes Top Holder

  • South Korean exchange Upbit has become the largest holder of XRP reserves, surpassing Binance.
  • Upbit holds twice as much XRP as Binance and accounts for 14.37% of total XRP trading volume.
  • Search interest for XRP in South Korea has reached a 5-year high, driven by 30% crypto adoption.
  • Regulatory uncertainty surrounding the SEC lawsuit against Ripple casts a shadow over XRP's long-term future.

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Livebitcoinnews

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XRP Ledger Activity Surges Amid Adoption and Institutional Growth

  • Since January, the number of XRP Ledger accounts has increased by 1.2 million.
  • Lower account reserves and meme coins are driving network usage.
  • Institutional traction and positive market trends fuel growth.
  • XRP Ledger's expanding ecosystem positions it for further growth.

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Bravenewcoin

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XRP News – When Will The SEC Drop Its Ripple Case?

  • SEC under the Trump administration is shifting towards a different approach in the cryptocurrency industry.
  • SEC Commissioner Hester Peirce ended the 'regulation by enforcement' era.
  • Ripple and XRP are exceptions to the wave of case dismissals in the industry.
  • Ripple's legal battle with the SEC is a significant and prolonged case in crypto history.
  • The lawsuit against Ripple predates both Gensler and Biden administrations.
  • Judge Analisa Torres ruled in favor of Ripple regarding XRP sales not constituting securities transactions.
  • Despite the ruling, the case continued with a $125 million penalty against Ripple.
  • Possible reasons why the Ripple case hasn't been dropped include Ripple's potential interest in fighting the case and internal resistance within the SEC.
  • Ripple's alignment with the Trump administration and efforts to win favor are noted.
  • The outcome of the Ripple case is likely to be a quiet dismissal in the coming weeks.

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TheCryptoBasic

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Analysts Say XRP is Attempting to Break the Largest Resistance in History Against Ethereum

  • XRP is approaching a key resistance level against Ethereum, which has historically triggered parabolic rallies.
  • An analysis of past cycles reveals that every time XRP broke above 0.0012 ETH, it experienced significant gains.
  • XRP is currently battling the historic resistance level, with speculation about whether history will repeat itself.
  • If XRP breaks the resistance, it could outperform Ethereum and enter another multi-month streak of outperformance.

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Crypto-News-Flash

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ADA & XRP Get ‘Blue Chip’ Status from Cardano Founder – Solana Not So Much

  • Cardano founder Charles Hoskinson endorses ADA and XRP as safe, blue-chip cryptocurrencies.
  • Hoskinson praises Cardano's ability to withstand challenges and XRP's stability.
  • He dismisses Solana (SOL) as a mid-level cryptocurrency.
  • Hoskinson speculates on other altcoins that might be included in the national reserve.

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TronWeekly

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XRP’s Next Move: Soaring to $5 or Crashing Below $2?

  • XRP fell from $2.80 to $2.20 but rebounded above $2.40 after defending $2 support.
  • Jesse Colombo warns of a bearish head-and-shoulders pattern, with $2 as a critical level.
  • Captain Faibik sees a breakout toward $4-$5, as whales rapidly accumulate XRP.
  • XRP's next move is uncertain, with mixed signals indicating a potential bullish surge or a looming sell-off.

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