Ripple's XRP price has reached $2.88 for the first time since January 2018. Analysts believe that the main driver of growth was large-scale whale purchases.
Experts noted a "significant accumulation" of the asset by wallets storing from 1 million XRP to 10 million XRP. Since November 12, 2024, the number of coins in whale addresses has increased by 1.43 billion - 37.4% of the total amount of their balances.
Derive protocol head of research Sean Dawson explained that the positive price dynamics are likely due to expectations of the XRP ETF approval in 2025.
According to JPMorgan analysts, inflows into spot exchange-traded funds for SOL and XRP could surpass the figure for Ethereum instruments within six months of launch.
Dawson believes that as Bitcoin is “bought up,” investor interest could shift to altcoins like XRP, fueling further growth.
He also noted that this year, thanks to the new crypto policy of the US government, the legal conflict between Ripple and the SEC, which has been ongoing since late 2020, could finally end.
At the time of writing, XRP is trading at $2.88. The market cap is $165.92 billion. The coin has risen in price by 25% in a week.
The email addresses of over 7 million users of the NFT marketplace OpenSea, compromised in a leak several years ago, have leaked online. This was reported by the head of information security at SlowMist under the pseudonym 23pds.
“The leaked addresses have been published in full after multiple instances of distribution. Please consider the risks associated with phishing and other potential cyberattacks,” the specialist warned.
He emphasized that the list of affected users includes well-known companies and key opinion leaders (KOLs) in the cryptocurrency industry.
The data was initially compromised in June 2022. An employee of the email service Customer_io, which serviced OpenSea, transferred the addresses of the marketplace's clients to a third party.
The SlowMist specialist recommended that the users involved be vigilant and use multi-factor authentication via the app instead of SMS.
Recall that in early January, CertiK analysts warned about the growing threat of phishing, citing an increase in the number of such attacks and the amount of damage.
Tom Lee: $90,000 is a good entry point for Bitcoin.
In 2025, digital gold will be one of the most investment-attractive assets, believes Fundstrat co-founder Tom Lee. The analyst noted that the current 15% correction is normal for a volatile asset like Bitcoin. This situation is characteristic of the early stage of the halving cycle - historically, a noticeable downturn has followed each reduction in rewards for miners.
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