The cryptocurrency market, in large-scale transactions by whales can significantly impact asset prices. Recent activities involving a prominent Solana (SOL) whale have raised alarms among investors, suggesting a potential price crash could be on the horizon.
Following the Solana 1,000% run-up in 2023 and its re-entry into the crypto top 10 by market cap, it has been pitched against Ethereum once again. This was further propelled by the fact that Solana saw its blockchain activity surpass Ethereum's, and even bringing in more revenue at a time.
XRP has struggled to keep pace with the broader crypto market rally that began last week following the Federal Reserve's interest rate cut. While other cryptocurrencies have seen impressive gains, XRP has only managed a modest 2% increase.
Solana's price rises due to increased memecoin activity and whale investments.
With an October deadline approaching, the SEC may challenge a court ruling that could reshape cryptocurrency regulation and Ripple's future.
Here are some of the top DOGE price forecasts coming from popular analysts.
Real Vision analyst Jamie Coutts believes that the crypto market could finish out the year with strong rallies. Coutts says that the TOTAL3 chart on the weekly timeframe appears to be breaking out of a descending trend line and printing a bull reversal pattern.
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In a splendid move, the Bitcoin price soared above $64,000, suggesting the bullish action may have begun. While the other altcoins have already broken their respective resistances, including Cardano (ADA), the XRP price is failing to surpass the levels at $0.6.
A skilled cryptocurrency trader has reportedly made a substantial profit of $392,200 by investing early in MOODENG (CRYPTO: MOODENG), a meme coin inspired by Moo Deng, the adorable baby hippo that has recently taken social media by storm. What Happened: According to data from Lookonchain, the trader entered the MOODENG market when its capitalization was a mere $70,000.
The Ripple-SEC legal saga took the cryptosphere by storm, with the court ruling last month sparking further speculations and debate. Ripple was ordered to shell out $125 million for breaking securities laws in institutional sale transactions.
Bybit, the second-largest cryptocurrency exchange by trading volume, currently has more open interest on its XRP futures market than Binance, the largest exchange by trading volume. This development comes amid the crypto exchange's recent expansion to the Kazakhstan market, having gained full license to provide crypto trading services in the country.
Ripple CEO Brad Garlinghouse and cofounder Chris Larsen are set to appear at the eighth annual fintech conference hosted by the Federal Reserve Bank of Philadelphia. It will take place on Oct. 22 and Oct. 23.
XRP whales have intensified their market activities with a massive transfer of 40 million XRP tokens, valued at around $23.3 million, from Bybit to a private wallet. This significant movement, reported by the crypto tracking service Whale Alert, highlights a growing trend among XRP whales.
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Solana's rapid growth and technological advancements position it as a competitor to Ethereum. Could it eventually surpass Ethereum in market cap?
XRP, the digital asset associated with the Ripple network, is currently making waves in the cryptocurrency market, particularly after market analyst EGRAG identified a potential “Nike Swoosh” pattern on its monthly chart. This analysis has renewed interest among investors, as it suggests that XRP could surge to an astonishing price of $13.
XRP formed a golden cross on its short-term charts about a week ago. This technical indicator usually signals the potential for a price rally.
The current crypto market has turned out to be a green light for the majority of cryptocurrencies. Dogecoin (DOGE), Near Protocol (NEAR), and DTX Exchange (DTX) are among the many that have scored high amid the bullish market sentiment.
In the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), a new perspective has emerged regarding the SEC's stance on XRP. A former SEC attorney has predicted the SEC will likely appeal the July 2023 court ruling, which declared XRP's secondary sales as non-securities.
The Solana price has given a major breakout above its downward trendline thereby opening the gates for a rally to $205, and further beyond to new all-time highs.
Over the past 24 hours, the XRP price has held steady after some slight fluctuations, up 0.08%.
Dogecoin (DOGE) and Shiba Inu (SHIB) prices have surged by 10% and 22% in the last 24 hours, respectively. These price surges are thanks to developments on the macro side and these meme coins' fundamentals, which provide a bullish outlook for them.
Top lawyer says the SEC's potential appeal is a complete waste of taxpayer money.
The cryptocurrency market surged Thursday, extending the rise sparked by the Federal Reserve's first interest rate cut in more than four years. The rally was spearheaded by popular dog-themed memecoin Shiba Inu, which spiked more than 20% in the last 24 hours, touching levels not seen since mid-June.
The Solana price is finally getting traction in the market, where it has just created a month-high at $158.74 after surging 4.8% today. The altcoin slowly gained momentum over the last few days before finally jumping out of the week-long consolidation.
The cumulative liq levels delta was positive and could see a minor price dip like it did on Thursday.
The Cardano price has risen by 2.5% in the past 24 hours, moving to $0.4055 as the crypto market as a whole gains by 2% today.
Solana-based meme coins led the charge as the crypto fear and greed index approached the greed zone of 60. LandWolf (WOLF) and Moo Deng (MOODENG) were the best-performing tokens as they rose by over 112% and 56% on Sep. 27.
By Oct. 7, the chances of appealing the Ripple Labs lawsuit by the U.S. Securities and Exchange Commission (SEC) will go out the window. In line with these, many legal experts, including John Deaton, have shared hot takes on what to expect from the regulator.
In just one day, 9.4 billion DOGE were moved, setting a new record for whale activity in the last 30 days. Dogecoin has seen a sharp increase in activity.
The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) over XRP has been one of the most important cases in the cryptocurrency industry. As the case reached its conclusion in August 2023, attention has shifted to whether the SEC will appeal the decision before the October deadline.
The cryptocurrency market is abuzz with activity as three notable coins—Shiba Inu (SHIB), XRP, and Solana (SOL)—navigate distinct paths that could shape their futures. After a prolonged period of uncertainty, Shiba Inu is finally showing signs of a bullish trend.
The crypto market has surged this week, with signals of a potential rally in the coming days. The market's bellwether, Bitcoin is near two-month highs and the rest of the crypto assets have tagged along.
The crypto market has rallied this week, with big gains by SHIB and Solana Prices. XRP is a black sheep, but it fits in the top crypto too.
XRP could jump to as high as $0.75 in October if this prediction comes to fruition.
The crypto market has been rallying up since last week, and the XRP community is also awaiting major price gains. Consequently, XRP whales have started to stun the market with their epic moves and strategic market shifts.
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A widely followed trader is leaning bullish on a mid-cap Real World Asset (RWA) token while offering his insight on three other altcoins.
This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum closed another good week with a 4% price increase.
The crypto market has been booming lately, and investors are looking at XRP alternatives to ride and convert their $1 into $1000. The Ripple RLUSD stablecoin is expected to launch by the end of September, in line Ripple CEO Brad Garlinghouse's comments, “in weeks, not months” at the beginning of the month.
The meme coin market is experiencing a significant surge, with PEPE and Dogecoin leading the way amidst increased investor interest and bullish technical indicators.
As the crypto market gears up for its traditional “Uptober” surge, XRP's participation remains uncertain. The threat of an SEC appeal against the July 2023 ruling in favor of Ripple could result in a double-digit decline in XRP's price.
Solana (SOL) faces a potential 9-11% correction in October due to bearish divergence and a rising wedge pattern. However, VanEck predicts a long-term price target of $330, supported by Solana's superior throughput and favorable macroeconomic conditions.
USDT's anticipated integration into the Lightning Network has been a topic of discussion among crypto enthusiasts for years. Despite the evident advantages Lightning offers—such as instant, low-cost transactions—USDT's transition to this layer has been over and again stalled.
Dogecoin's price surges 10% as smart contract plans, whale accumulation, and continued support from Elon Musk fuel bullish sentiment and technical breakouts.