Crypto News

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 $2.50,Source link

Trump Crypto Agenda Could Speed Up Digital Euro: ECB Board Member

Donald Trump's dedication to "legitimate dollar-backed stablecoins" could speed up the ECB's progress on a digital euro, a board member said.Source link

DeFi to Enter ‘New Growth Phase’ Says BitMEX—Here’s Why

DeFi markets are facing a resurgence as the Trump administration embraces pro-crypto policies, derivatives exchange BitMEX says.Source link

Bitcoin ETFs Gain $66 Million While Ether ETFs Extend Five-Day Streak With $18 Million Inflows

Ether ETFs have now seen five consecutive days of inflows, adding $18.11 million, while bitcoin ETFs recorded a net inflow of $66.37 million. Bitcoin ETFs See Another Day of Gains While Ether ETFs Mark Five Days of Inflows Bitcoin and ether exchange-traded funds (ETFs) continued to draw investor interest on Wednesday, Feb. 5, with bitcoinSource link

Shiba Inu Partners With UAE Ministry of Energy, Boosting SHIB Appeal

Earlier this week, Shiba Inu partnered with the UAE's Ministry of Energy and Infrastructure (MoEI) to use its blockchain applications in various public sector services.Such partnerships bolster SHIB's appeal, which sits at a $9 billion market capitalization as of Thursday.MoEI is set to use Shiba Inu's Operating System (ShibOS) — on their layer-2 blockchain Shibarium — to integrate blockchain-based programs and applications into government services to streamline operations, increase transparency, and enhancing security.“Whether it’s reinforcing our net-zero roadmap or modernizing how we manage energy and infrastructure,” Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at MoEI said. “Shiba Inu’s decentralized solutions align perfectly with our mission to remain a global innovator.”The MoEI oversees energy, infrastructure, housing, water resources, and...