On February 5, 2025, the XRP Ledger (XRPL), stopped functioning and was down for about an hour. During…
On February 5th, COINOTAG News reported that Hong Kong Legislative Councilor Wu Chi-wai highlighted recent developments in the U.S. regarding cryptocurrency legislation. David Sacks, an influential American figure in the
The post PEPE 60% Below ATH; Time For PEPETO? appeared first on Coinpedia Fintech News The nature of the cryptocurrency market is volatile, with different cryptocurrencies facing different volatility, just as #PEPE memecoin is going 60% below its all-time high, putting investors in the spot of looking for the next big meme coins that have profitable potential to invest in. On the other hand, PEPETO, a new emerging memecoin, is experiencing the favour of the volatility market, aiming to become the next big memecoin with profitable potential for investors. PEPETO, The Next Big Memecoins PEPETO, commonly known as the God of Frogs, is seen as the next major memecoin that aims to be profitable for its investors, as it has many unique features that set it apart from other projects. The primary goal of the project is to provide real value by combining the fundamental principles of technology and optimization to guarantee long-term growth and stability. #PEPETO has been able to create a strong community that supports its project, and it has also delegated all power and decision-making to it. A New Year’s Message from the God of Frogs As the New Year begins, the God of Frogs, Pepeto Himself, shares a message of triumph and faith for the loyal Pepeto Army: The Plan Unfolds: The roadmap progresses flawlessly, as foretold. Every milestone has been achieved, and the… pic.twitter.com/zCmy1bTRQY — Pepeto (@Pepetocoin) January 1, 2025 #PEPETO has gained recognition in crypto, particularly during its presale, as it has raised over $4,220,927.29, which is expected to increase even more before the end of this month. PEPETO offers numerous features, including staking, which allows investors to stake their coins and earn rewards for maintaining the stability of the ecosystem. It also contains a bridge, allowing seamless interoperability between memecoins and other cryptocurrencies. The memecoin also intends to launch a dedicated exchange for meme tokens, offering a secure and well-optimized platform for trading memecoins. This, among other factors, makes #PEPETO the next big memecoin in the cryptocurrency market. PEPE 60% Below All-Time High Pepe meme coin, also from the frog family, is still losing value after falling 60% below its all-time high. The cryptocurrency market is highly volatile, with a bearish trend dominating the area. #PEPE has consistently decreased after reaching an all-time high of $0.00002803 in December 2024, leaving most investors concerned about the coins’ viability. Most investors have already lost faith in it and are looking for other investments, such as PEPETO. PEPETO Potential As The Next Big Coin Although the cryptocurrency market experiences changes that may impact the flow of the market, such changes can sometimes add value to a coin, such as PEPETO, and at other times devalue it, such as PEPE. However, each coin has something unique to offer, and PEPETO’s value differs significantly from other traditional memecoins. Currently trading at $0.000000108 per 1 $Pepeto, now is the best time to invest in #PEPETO, as tomorrow may be too late. To discover more about #Pepeto, visit the official website at https://pepeto.io/. About PEPETO PEPETO is a next-generation meme coin with a blend of humor, tangible value, and community-driven growth. It aims to do better by introducing innovative features that give it value and make investors feel included. Media Links X (Twitter): https://x.com/Pepetocoin Telegram: https://t.me/pepeto_channel Instagram: https://www.instagram.com/pepetocoin/ YouTube: https://www.youtube.com/@Pepetocoin/ Contact Details: Contact: TokenWire Team Email: contact@tokenwire.io
TL;DR SHIB’s price surged by 8% on a 24-hour scale as the meme coin partnered with the UAE’s Ministry of Energy and Infrastructure. Shibarium blasted through another major milestone, which could also be interpreted as a bullish element. The Main Factor The cryptocurrency market experienced severe turbulence in the past few days, largely caused by Donald Trump’s trade war with China, Mexico, and Canada. In the last 24 hours, most leading digital assets consolidated or charted minor losses, but this was not the case with Shiba Inu (SHIB). The price of the popular meme coin increased by 8% during that timeframe, currently trading at around $0.0000164 (per CoinGecko’s data). Its market capitalization jumped above $9.5 billion, and thus, SHIB re-entered crypto’s top 20 club . SHIB Price, Source: CoinGecko Perhaps the most apparent reason fueling the rally is Shiba Inu’s partnership with the Ministry of Energy and Infrastructure of the United Arab Emirates. The team behind the meme coin explained that the collaboration aims to transform how nations embrace Web3. “For the first time, a world government is integrating blockchain at a federal level. This isn’t just another crypto partnership – it’s a nationwide movement unifying Shiba Inu’s Operating System across all Emirates,” the disclosure reads. Speaking on the matter was H.E. Eng Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at MoEI. He said the deal “represents a pivotal moment in our journey toward redefining government services.” “By embracing emerging technologies, we aim to set a global benchmark for innovation, delivering transformative solutions that benefit both our citizens and the wider community. Together, we are shaping a future built on sustainability, connectivity, and digital excellence,” he added. Additional Reasons Other elements that may have boosted SHIB’s price are Shibarium’s advancement and Shiba Inu’s burn rate. The layer-2 blockchain solution recently hit another major milestone as total transactions processed on the network surpassed 900 million. Shibarium is specifically designed to foster the development of the Shiba Inu ecosystem, and according to some industry participants, its progress could be viewed as a bullish factor. For its part, SHIB’s burn rate exploded by almost 600% in the last 24 hours, resulting in nearly 18.7 million tokens sent to a null address. Continuous efforts in that field will reduce the meme coin’s circulating supply and potentially create upward pressure on the price (should demand remain constant or head north). The post Massive Shiba Inu (SHIB) Announcement appeared first on CryptoPotato .
Ripple CEO Brad Garlinghouse has thrown his weight behind the latest developments in the US crypto space, calling them a “big deal.” His comments follow a press conference by US Crypto Czar David Sacks, which sparked debates over the country’s approach to Bitcoin reserves and broader digital asset policies. While uncertainty lingers over a potential Bitcoin Strategic Reserve, Garlinghouse sees the legislative push for crypto clarity as a breakthrough moment for the US. Ripple CEO Brad Garlinghouse Lauds Legislative Support For Crypto Ripple CEO Brad Garlinghouse dismissed criticism of the recent policy discussions from US crypto czar David Sacks, emphasizing their long-term significance. He pointed out that the involvement of major financial committee leaders marks a pivotal shift in Washington’s stance on crypto regulation. In a recent X post, the Ripple CEO stated: “Any criticism of today’s press conference is absolutely missing the forest for the trees. Having the Chair of Senate Banking, the Chair of House Financial Services, the Chair of Senate Ag, and the Chair of House Ag join the Crypto Czar to commit to passing legislation for crypto clarity is 100% a big deal (and something we haven’t seen before).” Sacks acknowledged Ripple CEO’s support , further fueling speculation about Ripple’s potential role in upcoming regulatory frameworks. Notably, this comes amid recent market rumors suggesting that XRP could be considered for a national reserve list, though no official confirmation has been given. Why David Sacks’ Remark Receives Criticism? David Sacks, head of the US digital assets working group, recently addressed the Senate Banking Committee alongside key lawmakers. Sacks revealed that the administration is evaluating the possibility of a Bitcoin Strategic Reserve , following President Donald Trump’s directive. While the market initially saw this as a positive step, concerns arose when Sacks mentioned “digital assets” more frequently than Bitcoin itself. This fueled speculation that the US government might be shifting focus from a Bitcoin-centric reserve to a broader digital asset framework. Stablecoin In Focus Sacks also highlighted the role of stablecoins in strengthening the US dollar’s global position. He argued that stablecoins could drive digital dollar adoption and create significant demand for US treasuries, potentially lowering long-term interest rates. This comment might also have caught the Brad Garlinghouse’s attention. Notably, Sacks’ remarks align with Senator Bill Hagerty’s recent introduction of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act . Brad Garlinghouse Remains Bullish On US Crypto Advancements The comment from the Ripple CEO has given some relief to the investors. It appears that Brad Garlinghouse is looking at the broader crypto regulatory trend and clarity in the US rather than focusing on a specific area. With growing momentum in legislative discussions, the US crypto market is entering a crucial phase. While the feasibility of a Bitcoin reserve remains uncertain , broader regulatory clarity is gaining bipartisan support. As lawmakers refine stablecoin policies and digital asset frameworks, industry leaders like the Ripple CEO see this as a defining moment for crypto’s future in the US. The post Ripple CEO Brad Garlinghouse Hails ‘Big Deal’ For US Crypto Market appeared first on CoinGape .
Pizzino warns of potential deeper corrections for SUI if it drops below $2. Investors should monitor critical support levels around $1.60 closely. Continue Reading: Jason Pizzino Analyzes SUI’s Price Trends and Risks The post Jason Pizzino Analyzes SUI’s Price Trends and Risks appeared first on COINTURK NEWS .
Leading crypto-native travel platform partners with trivago, a top global travel metasearch engine. The partnership aims to bring 2.2 million hotels and accommodations to trivago customers. Customers can earn loyalty points and get rewards in crypto. Travala , the leading crypto-native travel booking service with 2,200,000+ properties in 230 countries, announced its partnership with trivago , a top global search and booking service for travellers, this Tuesday. The partnership will see trivago integrate Travala’s complete inventory of over 2,200,000 properties on its platform, allowing millions of customers to access crypto payment services. According to Travala’s team statement , the integration will enable millions of trivago users to discover, compare, and book Travala’s properties globally. Timo Itterbeck, Head of Account Management APAC / LATAM / Spain at trivago, believes the strategic partnership will enhance the hotel and accommodation options for travellers on its platform while providing a “comprehensive overview” of Travala. “At trivago, we aim to provide travellers with the most comprehensive overview of all available accommodation options,” said Timo Itterbeck. “By integrating Travala, we’re expanding the choice for our customers while also broadening their ability to book with emerging payment options like cryptocurrencies.” Starting today, users on trivago will have 2.2 million extra options on properties available on Travala, which, once selected, will redirect the customers to the crypto-native travel app. Travala is a travel booking service with 2,200,000+ properties in 230 countries, 400,000+ activities, and 600+ airlines globally. The company champions cryptocurrency adoption, accepting over 100 leading cryptocurrencies alongside traditional payment methods. Trivago users will now have the option to search, compare and pay for their favourite hotels and accommodations using some of the popular cryptocurrencies, including Bitcoin, Ethereum, Solana, Dogecoin and the platform’s native travel loyalty token, AVA. Apart from offering a gateway to crypto payments, Travala also offers users competitive prices and a best-price guarantee, as well as a Smart members program that allows users to gain loyalty points for their purchases on the platform. Smart Basic members can receive Bitcoin or AVA rewards as part of the program, while higher-level members can also enjoy additional discounts and loyalty rewards for eligible bookings made on the platform. The rewards are distributed to all users regardless of whether they opt to book with traditional payments or cryptocurrencies. On the partnership with trivago, Juan Otero, CEO of Travala, stated the integration is a “key step in advancing crypto adoption globally”, as millions of users get an opportunity to use these digital currencies in their daily lives. “There are hundreds of billions of daily searches performed across travel metasearch engines, and adding Travala to trivago isn’t just beneficial for us—it helps amplify and further legitimise the entire crypto ecosystem by expanding the prevalence of crypto transactions for real-world services,” Otero added. The latest move is a step forward for the crypto travel service following recent integrations with traditionally huge travel companies and travel metasearch engines such as KAYAK and Skyscanner . Such integrations have seen the company transform into a multi-million dollar company, with reports from its 2024 financials showing the company recorded $100 million in gross yearly revenue in 2024 , almost doubling its revenue from the previous year. On average, 78% of all bookings on Travala in 2024 were paid for using cryptocurrency, highlighting the increasing demand for crypto travel. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. Sponsor
Ripple boss has slammed those criticizing the recent press conference of the “crypto czar” about crypto regulation
The recent price decline of XRP has sparked a discussion among market experts regarding whether the decrease to $1.76 was a natural market reaction or a more deliberate event. Within three hours on February 3, 2025, XRP experienced a rapid decline from $2.57 to $1.76, a staggering 31% decrease. Nevertheless, the rapid recovery above $2 that occurred shortly after the decline was a cause for concern. Related Reading: Crypto Traders Wrecked As Trump’s Tariffs Spark $2 Billion Liquidation The price movement has been the subject of speculation, with some positing that external factors, rather than organic selling pressure, were responsible. “The move yesterday was manipulated” Let me explain my thoughts and why I was somewhat confident to call a low within 3 minutes last night (read until end) Using $XRP for example I think yesterday was a cohort effort of market makers to simultaneously let altcoins fall into… https://t.co/WOW4EB3QAE pic.twitter.com/y6ngsHrxl8 — Dom (@traderview2) February 3, 2025 Market Professionals Express Apprehension Regarding Manipulation Among the first to spot anomalies in XRP’s price behavior was crypto analyst Dom. He noted that the price drop followed an odd trend whereby liquidity seemed to disappear during the last leg of the collapse. He thinks it is possible that market players purposefully delayed buy-side liquidity, allowing the price to collapse and then tactically running purchase orders at reduced levels to profit on the comeback. “I don’t want to resort to conspiracy but if you think that move was “natural”, think again. It simply looks to me like a cohort effort to crash altcoins WHILE filling their own bids,” Dom said on X. Furthermore notable was the fact that the drop in XRP did not seem to be isolated. Another market guru, Vincent Van Code, noted over the same period that Bitcoin, HBAR, and several other cryptocurrencies had quite comparable price swings. This spurred questions about coordinated market behavior or automated trading. The Mysteries Are Further Complicated By Synchronized Market Movements Unless there are outside factors actively impacting price behavior, there is a statistically little chance that several cryptocurrencies would see the same sharp collapse and recovery in the same time periods. Although algorithmic trading sometimes creates correlation across assets, experts argue that the accuracy of these movements suggests a deeper degree of coordination. Dom emphasized that although panic selling and abrupt liquidations may be factors in these declines, the event’s structure and pace make it unlikely that natural market forces were the only factor. It is possible, Dom said, that market makers are manipulating XRP to accumulate it at discounted prices, if they do indeed remove liquidity to facilitate a price decline. “Whether that was the low or not, these players are UP BIG!,” the analyst said. Related Reading: Trump Meme Coin Faces Criticism, But Cathie Wood Sees A Bold Future What This Means For XRP Investors This incident reminds XRP holders of the volatility of cryptocurrency markets. Whales or institutional players may be abusing their power when there are abrupt price drops and recoveries. Investors should employ prudence when dealing with unpredictable markets and consider using tools like stop-loss orders to lower their risks. XRP has subsequently returned beyond $2, but the question of whether this was a planned move or a normal market correction is still up for debate. Featured image from Gemini Imagen, chart from TradingView
January was a month of ups and downs for Bitcoin. At this point, BTC broke a new record by exceeding $ 108,000 in January, but on the contrary, it fell to the level of $ 89,000, last seen in November 2024. While BTC paints a mixed picture, the Bitcoin network hash rate, which represents the competition and difficulty in the mining sector, increased in January. JPMorgan analysts, discussing the change in Bitcoin hashrate, stated that January was a quiet month in terms of hashrate growth. JPMorgan analysts said the Bitcoin network hash rate increased slightly in January, Coindesk reported. At this point, analysts stated that the monthly average hash rate increased by 1% to 785 exahashes per second (EH/s), while mining difficulty decreased by 2% on a monthly basis. Analysts Reginald Smith and Charles Pearce said: “A drop in Bitcoin mining difficulty is relatively rare. “Although there was a decrease in network difficulty in January, the current network difficulty is 25% higher than before the halving event last April.” The bank recently reported that mining profitability also increased slightly in January, with miners earning an average of $57,200 per EH/s in daily block rewards. This figure represents a less than 1% increase compared to December. *This is not investment advice. Continue Reading: Bitcoin (BTC) Report from JPMorgan! "A Rare Situation!"