2026-02-17 Tuesday

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Will XRP Price Fall Below $1? Analysts Warn of ‘Continued Decline’ as Fed Proposes New Risk Category

XRP's price continues to decline, with analysts warning it could fall below the key psychological threshold of $1 as investors shift toward safer assets amid a broader crypto pullback. This downturn occurs despite a Federal Reserve staff proposal to create a dedicated "crypto" risk class for derivatives models, which includes XRP. While some view this as a long-term bullish development, analysts caution it will have little short-term impact on price. Market sentiment remains low, and real-world utility may not be enough to sustain XRP's valuation during macroeconomic uncertainty. Analysts suggest XRP could normalize toward $1 or lower if current trends continue. Meanwhile, AI tool Grok generated attention by predicting XRP could reach $15.57 by 2026, though such forecasts are speculative and not based on fundamental analysis. Ripple's CTO has also expressed skepticism about extremely bullish price predictions, noting that while crypto prices can be unpredictable, such high targets appear unrealistic under current conditions.

ccn.com15h ago

Will XRP Price Fall Below $1? Analysts Warn of ‘Continued Decline’ as Fed Proposes New Risk Category

ccn.com15h ago

SBI CEO Calls Ripple Stake A ‘Hidden Asset,’ Hints It Could Be Much Bigger

SBI Holdings CEO Yoshitaka Kitao refuted a viral claim that the company holds $10 billion in XRP, clarifying that its true "hidden asset" is its 9% equity stake in Ripple Labs. He emphasized that Ripple's overall valuation—including its ecosystem—could be enormous, making SBI's stake significantly more valuable than its XRP holdings. Community estimates suggest Ripple's valuation could exceed $50 billion, valuing SBI's stake at over $4.5 billion with substantial future upside. SBI's long-term strategic partnership with Ripple, including investments dating back to 2016, underpins this position. At the time of reporting, XRP traded at $1.46.

bitcoinist15h ago

SBI CEO Calls Ripple Stake A ‘Hidden Asset,’ Hints It Could Be Much Bigger

bitcoinist15h ago

Oldest Satoshi-era Bitcoin wallet buys $2B in BTC – What does it know?

A Satoshi-era Bitcoin wallet, renowned for its historically accurate market timing, has purchased 26,000 BTC (worth over $2 billion) following a failed attempt by Bitcoin to break the $70,000 resistance level. This move, occurring during a 3% price dip, is interpreted as a strong signal of long-term confidence rather than a reaction to short-term volatility. Analysts note this wallet has profited over $800 million since 2015 by consistently buying during market downturns. The purchase is strategically significant for two reasons: it reduces available supply on exchanges, creating a supply shock, and it reinforces a "buy the dip" mentality among large institutional investors. This activity is part of a broader trend of early Bitcoin holders reorganizing their holdings during periods of weakness, often marking important market turning points and establishing strong price support levels. The overarching message is that experienced long-term investors view current conditions as an accumulation opportunity, not a reason for panic.

ambcrypto15h ago

Oldest Satoshi-era Bitcoin wallet buys $2B in BTC – What does it know?

ambcrypto15h ago

OKX Receives Stablecoin Related PI License for European Advancement

OKX, a cryptocurrency exchange, has obtained a Payment Institution (PI) License in Malta, significantly expanding its access to the European market. This license ensures compliance with the EU's MiCA and PSD2 regulations, specifically authorizing stablecoin-related payment services. The approval supports OKX's existing products, including the OKX Card launched with Mastercard, which allows users to pay with stablecoins at any merchant accepting Mastercard across the European Economic Area. According to OKX Europe CEO Erald Ghoos, this regulatory milestone enables compliant operations and supports the growing adoption of stablecoins in the EU. The development occurs amid global regulatory discussions, including U.S. efforts to pass federal digital asset rules.

TheNewsCrypto15h ago

OKX Receives Stablecoin Related PI License for European Advancement

TheNewsCrypto15h ago

Analyzing Hyperliquid’s slip below $30: What’s next for HYPE?

Amid a broader crypto market downturn, Hyperliquid (HYPE) fell below the key $30 support level, trading at $29 with a 4.9% daily decline. The drop reflects weakened demand, as indicated by a negative Demand Index and a break below short-term moving averages, signaling continued bearish pressure. Despite this, whale activity and futures market data show increased long positions, with $1.31 million allocated to longs and a Long/Short Ratio above 1 on major exchanges, suggesting some traders anticipate a rebound. If selling pressure persists, HYPE could fall further toward $28; however, a shift in sentiment may allow it to reclaim $30 and target $33.6.

ambcrypto15h ago

Analyzing Hyperliquid’s slip below $30: What’s next for HYPE?

ambcrypto15h ago

IMF Warns Dollar-Linked Stablecoins Could Undermine Central Bank Control

The International Monetary Fund (IMF) warns that the widespread adoption of dollar-linked stablecoins could undermine central banks' control over monetary policy. In a recent report, the IMF states that most major stablecoins are not truly independent and are essentially extensions of the U.S. dollar system, as they are backed by short-term dollar instruments like U.S. Treasury bills. This could lead to the creation of a "private dollar warehouse" system that operates outside the traditional banking sector. The growth of stablecoins, which now represent hundreds of billions of dollars, may complicate central banks' ability to manage money supply and conduct monetary policy. In countries with weak currencies, stablecoins could even replace local money. The IMF also highlights that cross-border stablecoin transactions pose risks to capital controls and foreign exchange stability, as they often operate without deposit insurance or a lender of last resort. The report calls for international regulatory cooperation to establish common rules and closer supervision to ensure financial stability.

TheNewsCrypto16h ago

IMF Warns Dollar-Linked Stablecoins Could Undermine Central Bank Control

TheNewsCrypto16h ago

Bitcoin: Fatigue selling rises, but market panic stalls – What’s next?

Bitcoin is trading near $68,700 after a 30% retracement, driven by profit-taking and ETF outflows, but the market shows controlled deleveraging rather than structural failure. The price remains well above the aggregate realized price of $54,900, preserving a profitability buffer. Long-term holders, with a cost basis near $40,600, continue to absorb sell pressure and tighten supply, preventing full capitulation. Recent entrants, however, remain underwater. Whale activity has intensified, with large holders repositioning strategically, contributing to sell-side pressure. Yet, residual demand has absorbed some supply, slowing downside momentum. The market is experiencing a mid-cycle compression phase with orderly redistribution, as forced selling meets passive absorption, building a base within the $55,000–$72,000 range.

ambcrypto16h ago

Bitcoin: Fatigue selling rises, but market panic stalls – What’s next?

ambcrypto16h ago

XRP Slides to $1.4 After 50M Sell-Off on Upbit

XRP's price dropped to approximately $1.4 following a significant sell-off on the South Korean exchange Upbit. A total of 50 million XRP was sold within a 15-hour period, with analysis indicating that less than 0.07% of the activity was wash trading, suggesting the selling pressure was largely genuine. The heavy selling, which occurred between 8:00 AM and 12:00 PM KST, contributed to a broader crypto market downturn and pushed XRP to a two-day low. Despite this, the token had shown signs of recovery earlier, briefly reaching $1.6 amid market optimism, even as it faced volatility and external factors such as the US government shutdown.

TheNewsCrypto16h ago

XRP Slides to $1.4 After 50M Sell-Off on Upbit

TheNewsCrypto16h ago

Blockchain Lending Platform Figure Hit By Data Breach – Details

Figure Technology, a blockchain lending platform, suffered a data breach after an employee fell victim to a social engineering attack. The breach resulted in the theft of approximately 2.5GB of customer data, including full names, home addresses, dates of birth, and phone numbers. The hacker group ShinyHunters claimed responsibility and publicly released the data after alleged failed ransom negotiations. The company confirmed that its core blockchain systems and financial services remained secure, emphasizing the incident was due to human error, not a technical flaw. Figure is offering free credit monitoring to affected customers and has launched an internal review. The exact number of impacted individuals has not been disclosed.

bitcoinist16h ago

Blockchain Lending Platform Figure Hit By Data Breach – Details

bitcoinist16h ago

Animoca Brands Receives Virtual Asset Service Provider License from Dubai VARA

Animoca Brands has obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), enabling the company to legally offer virtual asset brokerage, management, and investment services in Dubai, excluding the Dubai International Financial Center. The license allows Animoca to operate within a regulated framework and engage with institutional and qualified investors. This milestone supports the company’s expansion in the Middle East and reflects its commitment to compliant operations in the growing digital asset market. The approval aligns with recent regulatory updates from the Dubai Financial Services Authority. Additionally, Animoca recently acquired Web3 gaming and NFT startup SOMO, further strengthening its presence in the NFT and digital collectibles sector.

TheNewsCrypto17h ago

Animoca Brands Receives Virtual Asset Service Provider License from Dubai VARA

TheNewsCrypto17h ago

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