Top Cryptos to Buy Before the Next Bitcoin Halving in 2024 | Cryptos Headlines on Binance Square

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BTC & Altcoins Recover After FOMC, XCN Up 30% The crypto prices today, January 30, have brewed significant optimism among investors despite unchanged interest rates in the latest U.S. FOMC meeting. Bitcoin (BTC) price recovered to trade near the $105K level, whereas top altcoins such as Ethereum (ETH), Solana (SOL), and XRP also pumped in sync. Besides, Onyxcoin (XCN) emerged as the leading gainer on Thursday, surging nearly 30% intraday. So, let’s take a closer look at some of the most buzzworthy coins for the day and how their prices are moving. Crypto Prices Today: Market Recovers Post-US FOMC Notably, the U.S. Federal Reserve has decided to keep the interest rates unchanged between the 4.25% and 4.5% range this FOMC meeting. Fed chair Jerome Powell has further conveyed that banks can serve the crypto sector if risks are managed properly. Simultaneously, risk assets such as crypto have witnessed a positive momentum. BTC price gained nearly 3%, whereas ETH and XRP prices jumped almost 1% intraday. The global crypto market cap was up by 2.5%, reaching $3.55 trillion. Also, the global market volume surged 9% to $125.99 billion. Here’s a brief report on cryptocurrency prices today: Bitcoin Price Crosses $105K Amid Crypto Market Recovery At the time of reporting, BTC price witnessed a 3% uptick in value and is currently trading at $105,176. The coin’s 24-hour low and high were $101,427.85 and $105,303.91, respectively. Notably, BTC price recovered after a drop despite the unchanged interest rates this FOMC, as mentioned above. Further, crypto analyst Ali Martinez revealed that around 70 entities holding more than 1,000 BTC have either left the network or redistributed their holdings since mid-December, sparking speculations surrounding large-scale investors’ trade maneuvers amid recent market trends. Ethereum Price Today ETH price witnessed a 2% gain over the past day and is currently trading at $3,194. The coin’s intraday low and high were $3,055.18 and $3,213.13, #fomc #altcoins #CryptoMarket #CryptoNews #cryptocurrency

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BTC & Altcoins Recover After FOMC, XCN Up 30%

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The SEC removes references to its Ripple lawsuit from its website The SEC’s recent actions have caused a stir in the crypto community. They have removed references to their lawsuit against Ripple from their website. This has led to speculation that the case might be dropped. However, legal experts confirm that the lawsuit is still active on PACER, the official court database. The legal dispute between Ripple and the SEC has been ongoing for four years. There have been rumors of a settlement, which have caused XRP’s price to rise significantly. Since Trump’s election win in November, XRP has increased by over 400%. Many investors hoped the lawsuit would be dismissed with the new administration. Despite the website changes, the SEC recently filed an appeal, indicating that the case is still in progress. Meanwhile, crypto enthusiasts have noticed the absence of the Ripple lawsuit on the SEC’s site, while cases against Kraken and Coinbase are still listed. This has led to questions about whether Ripple is free from the SEC. Crypto influencer John Squire expressed excitement on social media, wondering if this marks the end of the legal battle. Ripple CEO Brad Garlinghouse has been critical of the SEC’s approach, particularly under former Chair Gary Gensler. Some believe the removal of the lawsuit from the SEC’s website indicates a change in regulatory attitude with the new administration. However, not everyone agrees with this interpretation. An attorney pointed out that the SEC’s website is not a legal authority. They noted that the appeal remains open on PACER, with the last entry being Ripple’s request for an extension. The case is still active. Despite the uncertainty, analysts believe the lawsuit will eventually be resolved. They suggest that regulatory attitudes may be shifting, leading to a reduction in enforcement actions against the crypto industry. As of now, XRP’s price has not reacted significantly to these developments. #SEC #Ripple #bitcoin #altcoins #CryptoMarket

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