Category: crypto

XRP price increased by 2% in the past 24 hours after a sharp sell-off, but indicators show little follow-through. Resistance is seen between $2.05 and $2.30, with RSI below neutral and volume indicators favoring sellers. The bounce may be temporary relief rather than a sustained recovery, caution is advised.

South Korean crypto exchange Bithumb has recovered almost all of the Bitcoin mistakenly distributed during a promotional error that disrupted prices on its platform. Bithumb used its own funds to reconcile the remaining amount after some BTC was sold. The incident was due to an internal mistake during a reward event.

A Dubai-based crypto investor sold all her XRP holdings to buy more Shiba Inu, sparking debate between utility-driven tokens and meme coins. She previously predicted SHIB reaching $1 in 2026, showing confidence in the meme token. The move drew criticism, with XRP supporters questioning the decision to exit amid contrasting price performance.

South Korea’s Financial Supervisory Service will investigate high-risk areas of the virtual asset market, including whale-driven manipulation and API-based spoofing. The FSS plans to use AI tools to detect abnormal trading patterns and voice phishing scams. They will also introduce fines for IT-related incidents and tighten on-site inspections.

United States Treasury Secretary Scott Bessent is urging the Senate Banking Committee to proceed with confirmation hearings for Kevin Warsh as the Federal Reserve chair nominee. Republican Senator Thom Tillis is threatening to block all nominations until an investigation into current Fed chair Jerome Powell is resolved. Bitcoin has dropped over 20% since Warsh’s nomination.

Last week, digital asset investment products showed signs of stabilization as crypto outflows slowed to $187 million. While Bitcoin saw outflows, altcoins like XRP, Solana, and Ethereum attracted fresh inflows. There were selective regional inflows in Europe. Despite a decline in assets under management, trading activity surged, indicating possible market stabilization.

French police arrested six suspects, including a minor, over the kidnapping of a magistrate and her mother in a cryptocurrency ransom plot. The victims were found alive without a ransom being paid after a police operation in southeastern France. The kidnappers demanded payment in cryptocurrency due to the victims’ family connection to a crypto startup.

Polymarket predicts a 27% chance that Donald Trump will launch a new cryptocurrency by the end of the year, based on his company’s Digital Token Initiative. Trump’s family has reportedly earned over $802 million from crypto in the first half of 2025, leading to concerns about potential conflicts of interest.

Finestel’s monthly report reveals that January’s Bitcoin rally ended with the loss of the $84k floor. Retail investors chased the ETF hype while smart money sold off, causing Bitcoin to crash. As smart money accumulated stablecoins and shifted focus, the market faced losses, with support at $75k-$77k and $84k as the trigger for risk-taking. Regulatory…

Two copy-and-paste mistakes led to the loss of $62 million in cryptocurrency in December and January, highlighting the growing security risks associated with basic wallet habits on Ethereum. Scams involving fake wallet addresses and signature phishing have become more prevalent due to low transaction fees, making it easier for scammers to target unsuspecting users.