Today: 28 June 2026
XRP price nudges higher after Ripple custody move — next catalyst hits Friday
9 February 2026
1 min read

XRP price nudges higher after Ripple custody move — next catalyst hits Friday

New York, Feb 9, 2026, 17:03 EST — After-hours

XRP climbed 1.1% on Monday, hitting $1.4466 after moving in a range from $1.3735 to $1.4629. According to CoinGecko, the token posted a 1.2% gain over 24 hours and saw around $3.8 billion in volume. XRP remains down 10.7% for the week.

The modest rebound is playing out in a market still edgy about liquidity—a factor that can send prices swinging sharply, news or no news. Bitcoin’s average 1% market depth, which tracks how much the coin can handle in trades near its going rate, has dropped to roughly $5 million, down from over $8 million in 2025, according to Thomas Probst at crypto data firm Kaiko. “We see few bullish indicators that suggest we may be approaching the bottom,” said Andrew Moss, who leads digital assets research at Jefferies. Reuters

Ripple is pushing its Ripple Custody platform further, announcing fresh partnerships with Securosys and Figment to bolster security and enable staking on blockchains like Ethereum and Solana. Hardware security modules come into the mix for key management. “Institutions need cohesive systems,” said Aaron Slettehaugh, Ripple’s SVP of product. Figment’s Ben Spiegelman described the collaboration as a step toward “secure, institutional staking” aimed at big banks and corporate clients. This move comes on the heels of Ripple’s integration with Chainalysis and the acquisition of Palisade, the custody provider. Business Wire

Staking means locking tokens to support a blockchain’s security, with rewards as an incentive. Banks get to offer yield-like products by combining custody and staking, sidestepping the need to run validator infrastructure themselves.

Bitcoin climbed 1.1% over the last 24 hours, trading just under $69,994, according to CoinGecko. Ether tacked on around 0.8% to land at $2,108. XRP, meanwhile, typically moves in sync with the wider crypto group during periods of macro anxiety—its correlation with the rest tightens as stress mounts in the market.

Crypto companies are fighting over the nuts and bolts now—compliance checks, keeping keys safe, all of it. Unlike token swings, these behind-the-scenes moves crawl. Still, they end up deciding who’s actually willing to put big money on the line.

The risk is simple enough—if risk assets stumble, those shallow order books have a way of turning an ordinary move lower into something nastier. XRP’s latest whiplash serves as a reminder: unwind the leverage, and sentiment can reverse in a hurry.

Regulatory pressure on Ripple relaxed after the U.S. Securities and Exchange Commission wrapped up its lawsuit last August, though the company still faces a $125 million fine. The deal didn’t lift the court order limiting XRP sales to institutional buyers—a sign that legal uncertainty still lingers.

Focus shifts to U.S. macro numbers this week. The jobs report for January hits Wednesday, Feb. 11, with January CPI on tap Friday, Feb. 13—both landing at 8:30 a.m. Eastern. Markets are bracing; a surprise could shake up rate forecasts and sway crypto appetite heading into the weekend.

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors.

Stock Market Today

  • Historical Insights on Potential 2026 Stock Market Crash
    June 28, 2026, 3:08 PM EDT. The S&P 500's strong gains and elevated valuations, highlighted by the Shiller P/E CAPE ratio, raise concerns over a possible market correction in 2026. The CAPE ratio, measuring price against 10-year inflation-adjusted earnings, remains above historical averages but does not guarantee an immediate crash. Market concentration in tech giants like Nvidia, Microsoft, Apple, Amazon, Alphabet, Meta, and Broadcom mirrors past eras of dominance, such as the 1970s' 'Nifty Fifty' and the late 1990s internet boom, both followed by market declines. However, unlike previous bubbles, today's leading firms are profitable with robust cash flows and balance sheets. A stable economy with low unemployment and steady consumer spending persists, yet historical trends underscore the inevitability of periodic market corrections averaging 10% annually.

Latest articles

Opendoor volume surpasses short interest after Russell 3000 addition

Opendoor shares face Russell 3000 test after 4.5x volume spike

28 June 2026
Opendoor Technologies (NASDAQ:OPEN) surged 448% above average trading volume Friday as its Russell 3000 inclusion took effect, with 171.65 million shares traded—exceeding total short interest and equaling 21% of public float—while the stock closed up 1.63% at $4.37; analysts maintain a Hold consensus and see limited rally potential near current prices.
Coeur Mining shares eye index-driven moves after 8.5% weekly slide

Coeur Mining shares eye index-driven moves after 8.5% weekly slide

28 June 2026
Coeur Mining (NYSE:CDE) ended its first week in the S&P MidCap 400 down 8.5% from June 18, despite Friday’s massive $2.7 billion volume—about 16% of its market cap—highlighting investor caution after recent acquisitions and index changes, as the stock lagged silver-miner peers even with a record quarter expected.
US Economic Calendar Today: Stock Futures Hold Steady as Traders Eye Fed Speeches, Treasury Buyback and Delayed Jobs Data
Previous Story

US Economic Calendar Today: Stock Futures Hold Steady as Traders Eye Fed Speeches, Treasury Buyback and Delayed Jobs Data

Uber stock: Tuesday test looms after Uber Eats targets $1 billion boost in Europe
Next Story

Uber stock: Tuesday test looms after Uber Eats targets $1 billion boost in Europe

Go toTop