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Crypto Pulse Daily: 🚨 Ripple Wins Full EU License, Unlocking Massive Expansion for XRP
Crypto Moves Faster. Stay Ahead With Bold Insights, Every Day.
CoinGape Newsletter
February 02, 2026
Ethereum, the second-largest cryptocurrency by market cap, has slipped below $2,200 amid a broader downturn in the crypto market. This decline comes amid heavy selling pressure across major digital assets, sending their prices to severe lows. If Ether continues its negative trend, experts believe that the altcoin may plummet to historic lows.
In major XRP news today, crypto payments firm Ripple on Monday said it has received full approval for an Electronic Money Institution (EMI) license from Luxembourg’s financial regulator. This milestone allows the firm to now operate regulated digital payment services across the European Union, strengthening real-world use cases for Ripple’s native assets like XRP, XRPL, and RLUSD.
 The crypto market has dropped by 2.66% in 24 hours, totaling $2.58 trillion in value. A $704 million leveraged position liquidation triggered intense selling pressure. The Bitcoin price fell under $80,000, and Ethereum is traded under $2,300. The leading altcoins, such as XRP, ADA, BNB, SOL, and DOGE, have also registered significant losses. This could still be considered as one of the largest crashes in the crypto market this year. |  The XRP and BTC prices remained under pressure on Monday as demand waned, liquidations jumped, and the Crypto Fear and Greed moved to the extreme fear zone of 18. This article explores what expect if Michael Saylor dumps Bitcoin as the crypto market crash continues and Strategy’s Bitcoin holdings get underwater. |