Binance has announced Berachain (BERA) to be the latest addition to the HODLer Airdrops program. This news was…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Binance coin drops 17% in a month as investors turn to 1Fuel, a rising crypto gaining attention for cross-chain transactions. Table of Contents Bearish signals flashing: Is BNB headed for $485? XRP drops 14%: What’s driving the sell-off? 1Fuel’s presale soars past $1.8M: Why investors are taking notice Final thoughts The crypto market is no stranger to turbulence, but few expected Binance coin (BNB) to take a hit after what was shaping up to be a “bullet-proof” year. With a staggering 17% monthly loss, investors are getting restless. Meanwhile, Ripple’s XRP isn’t faring much better, dragged down by legal uncertainties and ongoing market volatility. As major players stumble, a rising star is capturing attention, 1Fuel (OFT) . With seamless cross-chain transactions and over 100x returns, 1Fuel is quickly becoming the go-to alternative for investors looking for stability and growth. Let’s take a closer look! Bearish signals flashing: Is BNB headed for $485? BNB’s price is in a complicated phase, with recent data reflecting mixed signals over different timeframes. In addition to the 12% losses over the last week and the 17% losses over the past month, the coin’s price fell 2.3% over the last 24 hours after showing some signs of rebound. BNB currently trades at $585, pointing to the continuous market volatility. As the downturn continues, major Fibonacci retracement levels are in focus, with the 0.618 retracement level at $550 serving as a vital support zone. If selling momentum picks up speed and bears become stronger, an additional decline toward $485 may occur. Due to these technical signs, a lot of BNB investors are diversifying their holdings and looking for potential outside of the conventional large-cap market. 1Fuel has become a strong substitute that has drawn interest from many disappointed BNB investors. You might also like: How 1Fuel reflects the key strengths of Solana and Ethereum XRP drops 14%: What’s driving the sell-off? Ripple’s XRP has been the victim of the market’s volatility lately, as its price has dipped over 14% in the last seven days. The drop coincided with an increase in investor fear as financial market geopolitics heightened. XRP showed some signs of rebound in the past 24 hours, but the bears soon took over, as evidenced by an additional 2% decline over the past 24 hours. This variation has been linked to regime changes and regulatory concerns, as would be expected in certain locations. Legal ambiguities still have an impact on Ripple’s performance. Its unsettled situation hinders Ripple’s ability to secure fresh partnerships and stabilize the XRP price. This caused several investors to shift their capital from this crypto veteran to an emerging player, 1Fuel, which has more potential for growth owing to its strong technology. 1Fuel’s presale soars past $1.8M: Why investors are taking notice While BNB takes a dip and XRP sees capital outflows, 1Fuel is gaining attention, collecting over $1.8 million in its ongoing presale with tokens priced around $0.017, offering early investors a 70% return and over 100x returns on listing. 1Fuel stands out with its advanced one-click cross-chain transaction system, allowing users to transfer assets seamlessly across networks without any complexities. Its decentralized P2P exchange has also gained attention for offering secure and private trading without any middlemen, solving the hassle of dealing with intermediaries. Combined with AI-powered tools for portfolio management and tax optimization, 1Fuel promises a modern yet user-friendly platform for novice and expert traders and investors. Security and privacy remain the main focus, with a military-grade cold storage solution, the wallet safeguards digital assets from internet threats by storing them offline. This feature, along with its privacy mixer and disposable wallets, appeals to investors prioritizing safety. The introduction of staking rewards, offering up to 30% APR, adds another layer of appeal for those looking to earn passive income. Final thoughts 1Fuel is emerging as a stronghold for investors seeking security, unique solutions, and high returns. With its cutting-edge cross-chain technology, decentralized exchange, and AI-driven portfolio tools, 1Fuel is redefining the way traders interact with digital assets. Don’t wait until it’s too late; join 1Fuel and be part of the next big DeFi movement! To learn more about 1Fuel, visit the presale website, Telegram , and Twitter. Read more: PEPE drops 17% after US tariffs while 1Fuel gains traction Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
According to COINOTAG News on February 5th, Coindesk analyst James Van Straten has indicated that the projected average Bitcoin (BTC) withdrawal price from exchanges in 2025 is set at $100,356.
The XRP Ledger has fully resumed operations after an unexpected disruption in transaction validation caused the network to halt for about an hour on Feb. 5, 2025. RippleX confirmed that XRP Ledger has resumed activity though the exact cause of the disruption is still unclear. Ripple’s Chief Technology Officer, David Schwartz, acknowledged the issue in his post on X , stating that validators had stopped publishing confirmations despite the consensus mechanism functioning normally. His preliminary observations suggest that servers may have deliberately withheld validations to prevent incorrect ledger acceptance. The network is now recovering. We don't know exactly what caused the issue yet. Super-preliminary observation: It looked like consensus was running but validations were not being published, causing the network to drift apart. Validator operators manually intervened to choose a… — David "JoelKatz" Schwartz (@JoelKatz) February 4, 2025 You might also like: How high can the Ripple XRP price get in February? Schwartz initially believed that multiple validator operators manually intervened to restore the network. However, he later clarified that only one operator took action, but it was “still not entirely clear if that solved the problem or the network self-healed.” He also assured that “no ledgers that received majority validation were lost or affected in any way.” Update: It looks like, as far as we can tell, only one validator operator manually intervened. It's still not entirely clear if that solved the problem or the network self-healed. — David "JoelKatz" Schwartz (@JoelKatz) February 5, 2025 In the XRP Ledger , consensus is vital for processing transactions. If validators fail to agree on which transactions to include, the network halts. Prior to this, on Nov. 25, the XRP Ledger faced a brief outage lasting about 10 minutes. Several nodes crashed and restarted simultaneously, leading to a temporary halt in transaction processing. Ripple addressed the issue by urging validators and node operators to upgrade to the latest version, Rippled 2.3.0, to enhance network stability and prevent similar incidents. Despite the disruption, Ripple ( XRP ) price remained relatively stable, trading at approximately $2.50, with a 4% change over the last 24 hours. Read more: XRP struggles to hold above $3; Investors eye new Ripple rival
Positive moves are expected for the cryptocurrency industry after Donald Trump takes office as president and makes changes to critical positions such as the SEC and CFTC chairmanships. Trump's nomination of Paul Atkins to head the SEC is awaiting confirmation by the Senate. While confirmation for Paul Atkins is eagerly awaited, Bitwise Chief Compliance Officer (CCO) Katherine Dowling said that the SEC is currently in a transition period and needs to approve the appointment of the new chairman, Paul Atkins. Stating that the SEC’s new crypto task force is incredibly realistic, Dowling said that he expects the task force to do good work. Speaking about the Ripple case and ongoing lawsuits, Dowling stated that the SEC is waiting for a “directive from above” regarding the outcome of the cases. “These things don't go away overnight, and they shouldn't. But when you have new leadership, there's a new perspective. It asks, are we looking at the right things in this particular case? Is there a compromise stance that can get us both what we want?” Dogecoin is in a More Advantageous Situation! Speaking about the possible outcomes of ETF applications, the Bitwise executive stated that the security nature of some altcoins such as Solana (SOL) and XRP is still debatable. Dowling, who likened these altcoins to “dolphins caught in fishing nets”, said that the situation regarding these altcoins should be clarified under the leadership of the new SEC chairman. However, the famous name added that if clarity is provided, ETF approval may come, and said that the process for the Dogecoin (DOGE) ETF is clearer and more open. Dowling added that the SEC has never and nowhere considered DOGE a security, and that a DOGE ETF could be easier to approve. The Bitwise COO finally added that a Bitcoin and Ethereum combination ETF could be approved quickly. *This is not investment advice. Continue Reading: Bitwise Says "Key to ETFs Will Be New SEC Chair", Says Surprise Altcoin Could Get Approval Easier Than Solana and XRP
Metaplanet’s move to a Bitcoin standard in April 2024 has propelled its stock into Japan’s top 50 by trading volume, CEO Simon Gerovich says. Japanese firm Metaplanet saw its market cap jump 7,000% after adopting the Bitcoin ( BTC ) Standard in April 2024. Metaplanet chief executive Simon Gerovich noted in an X post on Feb. 4 that the Tokyo-listed firm is now ranked “among the top 50 in terms of trading volume” among the approximately 4,000 listed companies in Japan. He also noted that “high liquidity” the company is currently facing represents a “sign of investor interest and also leads to more efficient fundraising.” 昨年4月にビットコイン標準を採用して以来、当社株式の取引高は急増しました。日本の約4,000社の上場企業の中で一貫して取引高トップ50に入っています。高い流動性は投資家の関心の表れであり、資金調達の効率化にもつながります。 pic.twitter.com/65n56VxoRu — Simon Gerovich (@gerovich) February 4, 2025 In another X post , Gerovich noted that Metaplanet’s daily trading volume is now up 4,600 times on year-over-year bases, with January’s monthly volume “exceeding $2 billion.” You might also like: Japan’s Metaplanet to reward shareholders with Bitcoin for holding stock Building on this momentum, Metaplanet plans to buy 21,000 BTC by 2026. To fund this, they’re issuing 21 million shares to raise about $745 million, marking Asia’s largest equity capital raise for Bitcoin, crypto.news reported earlier. Following the announcements, the company’s shares rose 5.6% in pre-market trading. In 2024, Metaplanet had a big year. It hit a record BTC Yield of 309.82% in Q4. By year-end, the firm had 1,761 Bitcoin, worth over ¥27.7 billion (around $178 million). As crypto.news reported earlier, following the acceptance of the Bitcoin plan, the number of Metaplanet’s shareholders jumped to more than 50,000. Read more: Japanese tech giant Metaplanet targets 10,000 Bitcoin holdings in 2025
Standard Chartered’s bold prediction places Bitcoin’s future price at $500,000, driven by a more favorable regulatory landscape under a Trump administration. The bank foresees that Bitcoin will experience significant growth,
Standard Chartered predicts Donald Trump’s administration will push Bitcoin to $500,000—closing in on gold’s market cap in the process.
A former Google employee has been charged with taking confidential AI-related information from the company and sharing it with entities in China.
Citi predicts a weakening relationship between stocks and cryptocurrency markets. The growing cryptocurrency market may change investor behavior and market dynamics. Continue Reading: Citi Predicts Shift in Relationship Between Stocks and Cryptocurrency The post Citi Predicts Shift in Relationship Between Stocks and Cryptocurrency appeared first on COINTURK NEWS .