Ripple-backed blockchain infrastructure is pushing commodities onchain in the 
Gulf, with over $280 million in certified diamonds tokenized in the UAE, 
highlighting how institutional-grade asset tokenization is rapidly moving from 
concept to execution. Ripple Technology Powers Diamond Tokenization at 
Institutional Scale Tokenization of high-value physical assets is accelerating 
in the Gulf, with Ripple technology underpinning […]

XRPL Powers $280M Diamond Tokenization as Ripple Expands Gulf Infrastructure

Crypto companies have backed a Federal Reserve proposal to give them limited 
access to the central bank, while banking associations have urged caution.

Crypto and banks spar in comments on Fed’s ‘skinny master account’ idea

XRP price started a recovery wave above $1.50 but failed near $1.9250. The 
price is now consolidating and might aim for a fresh move above $1.50. XRP 
price started a recovery wave above the $1.420 zone. The price is now trading 
above $1.40 and the 100-hourly Simple Moving Average. There is a bearish trend 
line forming with resistance at $1.4550 on the hourly chart of the XRP/USD 
pair (data source from Kraken). The pair could continue to move up if it 
settles above $1.50. XRP Price Faces Key Hurdle XRP price remained supported 
above $1.20 and started a recovery wave, like Bitcoin and Ethereum. The price 
was able to climb above $1.250 and $1.320 to enter a short-term positive zone. 
There was also a move above the 50% Fib retracement level of the downward move 
from the $1.6320 swing high to the $1.1356 low. The bulls even pushed the 
price above $1.45 but they struggled to keep the price above $1.50. Besides, 
there is a bearish trend line forming with resistance at $1.4550 on the hourly 
chart of the XRP/USD pair. The price is now trading above $1.40 and the 
100-hourly Simple Moving Average. If there is a fresh upward move, the price 
might face resistance near the $1.4550 level. The first major resistance is 
near the $1.4660 level. A close above $1.4660 could send the price to $1.50. 
The next hurdle sits at $1.5150 or the 76.4% Fib retracement level of the 
downward move from the $1.6320 swing high to the $1.1356 low. A clear move 
above the $1.5150 resistance might send the price toward the $1.620 
resistance. Any more gains might send the price toward the $1.650 resistance. 
Another Drop? If XRP fails to clear the $1.50 resistance zone, it could start 
a fresh decline. Initial support on the downside is near the $1.40 level. The 
next major support is near the $1.3850 level. If there is a downside break and 
a close below the $1.3850 level, the price might continue to decline toward 
$1.330. The next major support sits near the $1.320 zone, below which the 
price could continue lower toward $1.250. Technical Indicators Hourly MACD – 
The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI 
(Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. 
Major Support Levels – $1.40 and $1.3850. Major Resistance Levels – $1.50 and 
$1.5150.

XRP Price Above $1.50 Could Flip Sentiment And Fuel Recovery

Analysts have warned that Ethereum’s Fusaka upgrade has made address poisoning 
cheaper, as malicious actors can carry out dust attacks for very little cost.

Address poisoning recently cost 2 victims over $62M alone: Scam Sniffer

Cardano price is under pressure near $0.27 as falling open interest and weak 
technical structure continue to limit recovery attempts. Cardano traded 
slightly lower on Feb. 9, changing hands at $0.2705 at the time of writing. 
The token has lost…

Cryptocurrency price in BHD