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The post XRP Price Prediction For February 4 appeared first on Coinpedia Fintech News After a sharp decline across the crypto market, all eyes are on XRP due to its impressive recovery in the last few hours. XRP’s 55% Rally Recovers Recent Fall According to available data, XRP, which had witnessed a massive price drop of 35% in the past 48 hours, has experienced a notable gain of over 55% and has formed one of the biggest bullish candles in the past two years. Looking at the price reversal, XRP appears bullish. Additionally, this rally doesn’t seem to be stopping easily, as pro-crypto United States President Donald Trump paused the tariff on Mexico, which he had earlier announced on his X handle. Following the update, the overall cryptocurrency market has begun recovering, including Bitcoin (BTC), which has witnessed an over 12% price reversal in the past 12 hours, along with other cryptocurrencies. $80 Million Worth of XRP Inflow Amid this record price reversal, long-term holders, investors, and whales who recently bought the dip have been dumping their tokens on exchanges, as reported by the on-chain analytics firm Coinglass . Data from spot inflow/outflow reveals that exchanges have witnessed an inflow of over $80 million worth of XRP in the past 24 hours. This substantial inflow amid this record reversal seems to be a potential sell-off for profit booking and has the potential to cause selling pressure and further price decline. Source: Coinglass XRP Technical Analysis and Key Levels According to expert technical analysis, XRP appears bullish and seems to be forming a large bullish hammer candle. For the rally to continue, XRP needs to close above $2.70 or $2.65. If that happens, a new all-time high may be on the horizon. Source: Trading View If this happens, there is a strong possibility that we could see a new all-time high for XRP. On the positive side, with the Relative Strength Index (RSI) at 44, it appears that XRP has significant room to witness an upside rally.
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Coinbase Purchases On-Chain Ads Platform Spindl in Move To Send Builders Viral
Top US-based crypto exchange Coinbase is purchasing on-chain advertisement platform Spindl in line with its mission to onboard one billion users. According to a new blog post , Coinbase says it has acquired Spindl to blow up the popularity of crypto developers. “As we talk with builders every day, a consistent theme stands out: builders want to go viral and we want to help them do that. As we’ve said before, there’s a natural flywheel here: we support developers who build on-chain apps, those apps attract users on-chain, and having more users incentivizes more developers to build on-chain. And the faster we spin this flywheel, the easier it will be to bring more and more people on-chain. Builder virality is the thing that spins that flywheel faster.” Coinbase says that Spindl – which was founded three years ago by an ex-Facebook advertising employee – will help improve the problem of on-chain discovery for builders and will operate directly on Base, the firm’s proprietary blockchain. According to Coinbase, builders currently have issues finding quality users and distribution, a problem that can be solved by going viral via targeted advertising. “The Spindl team brings unmatched expertise in on-chain advertising, helping builders accelerate their reach while bringing more users on-chain by connecting builders with both Coinbase users and users across the on-chain economy. Their work will be crucial to expanding the ways we elevate and support builders, and we’re excited for them to hit the ground running.” Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Coinbase Purchases On-Chain Ads Platform Spindl in Move To Send Builders Viral appeared first on The Daily Hodl . coinpedia
Bryan Johnson of ‘Don’t Die’ Fame Wants to Launch a Token
The millionaire founder of Braintree who spent $2 million to reverse his biological age by more than five years now wants to try his hand at crypto. Longevity Extraordinaire Ponders Token Launch Bryan Johnson, star of the new Netflix documentary “Don’t Die: The Man Who Wants to Live Forever,” hasn’t just been contemplating the impact coinpedia
