The bounce from $0.5 was a sign that sellers were likely exhausted, but it is unclear if the buyers have the strength right now to reverse the momentum.

The U.S. elections are set to make a significant impact not only on politics but also on the cryptocurrency market, particularly on XRP. Currently, XRP is trading around $0.5072, showing a modest increase of 0.1% in the past day.

Shiba Inu (SHIB) faced downward pressure on Monday, slipping 1.71% over the past 24 hours to $0.00001678 amid broader market consolidation.

President of The ETF Institute, Nate Geraci, says the upcoming election will profoundly impact the future of crypto ETFs. The approval of new spot ETFs for assets such as Solana, XRP, and Litecoin is of particular interest.

SHIB's detailed proposal to Kamala Harris & Donald Trump on election day accelerates a 8% rally for the canine crypto.

The cryptocurrency market is always in motion, but recent developments in popular coins like Tron (TRX), Solana (SOL), and XRP are catching the eyes of traders and investors. While some coins are struggling, others are showing signs of hope.

XRP price has recovered above the $0.50 support amid massive whale transfers from South Korea's Bithumb exchange. In the past hour, over 1.6 billion XRP tokens, valued at approximately $814 million, were moved from the exchange to unknown wallets.

As cryptocurrency trends point to a bullish year in 2025, investors are paying close attention to the XRP price and another fast-rising altcoin, ETFSwap (ETFS). Predictions for the XRP price show a projected increase of up to 450%, while ETFSwap (ETFS) could potentially rally 14,000% to reach new all-time highs.

Shiba Inu (SHIB) price is showing signs of potential growth, with multiple indicators suggesting room for an upward trend. After 5% gains in the last 24 hours, the 7-day MVRV metric highlights that SHIB holders are near break-even, reducing immediate selling pressure and allowing space for further gains.

Pseudonymous crypto trader Nachi has voiced strong confidence in Donald Trump winning the presidential election, resulting in a bullish outlook for AI-driven meme coins, particularly Goatseus Maximus (CRYPTO: GOAT). What Happened: The trader highlighted on X that Solana (CRYPTO: SOL) meme tokens like Popcat (CRYPTO: POPCAT) and Dogwifhat (CRYPTO: WIF) have recently corrected to attractive buy levels.

Here's the latest threat for SHIB users.

Bitcoin's resilience may keep crypto unaffected by the 2024 US election. Economic trends, and not political shifts, drive crypto growth and long-term value.

While XRP has remained with no major price surges recently, it seems like it is going through a substantial recovery, with the amount of burned coins getting closer to a serious level. A remarkable milestone is likely to be approaching in the lifecycle of XRP.

Bears are not going to give up so easily, according to CoinStats.

Unusual activity on the crypto market continues today, with the sudden withdrawal of 1.586 billion XRP from the floor of one of Korea's largest exchanges, Bithumb. According to reports from Whale Alert, 586.09 million XRP, equivalent to $296.95 million, first left Bithumb in an unknown direction.

Today, the SHIB price appears to breathe new life with a reversal of its recent downtrend, reigniting anticipations of a bullish golden cross. The post Shiba Inu's Golden Cross Faces Resistance – What SHIB Traders Need to Know Now appeared first on Cryptonews.

TL;DR The creation of a strategic hub for blockchain innovation in the US, called SHIB, is proposed The plan includes economic incentives, talent development, advanced infrastructure and sustainable practices. The initiative seeks to position the US as a global leader in blockchain technology and sustainable development.

Shiba Inu (SHIB) has seen its fair share of ups and downs in recent weeks, but one technical indicator that traders have been eagerly anticipating—the golden cross—has faced a significant setback. A golden cross, a widely-followed bullish signal in technical analysis, occurs when a short-term moving average (like the 50-day) crosses above a longer-term moving average (such as the 200-day), signaling potential for price momentum to the upside.

XRP's price rose for two consecutive days as traders awaited the closely watched U.S. election, which could have significant implications for Ripple. Ripple (XRP) rose to an intraday high of $0.52 on Nov.

The popular meme-inspired cryptocurrency Shiba Inu (SHIB) saw more than 40% growth in trading volume today, according to data from CoinMarketCap. Currently, Shiba Inu tokens have a combined turnover of nearly $400 million on the spot markets.

XRP's price recently slipped below the critical support level of $0.51. This decline signals short-term bearish momentum but leaves room for recovery as XRP's market conditions improve.

The cryptocurrency market is currently navigating through a complex regulatory landscape, with the U.S. Securities and Exchange Commission (SEC) playing a pivotal role in shaping the future of digital assets. Among the ongoing challenges facing the market are the legal battles involving Ripple's XRP, as well as the broader conversation about Exchange-Traded Funds (ETFs) for altcoins like Solana and XRP.

Ripple's price is experiencing low volatility, stuck between the $0.5 support and resistance near the 200-day moving average at $0.54. This range-bound movement suggests indecision, with a potential breakout likely determining the next trend.

The XRP price has been on the investors' radar lately, with many anticipating a strong rally in the coming days. Amid this, a top crypto market analyst said that the crypto is poised to hit $1.10, before a massive breakout to over $6 and beyond.

An amazing milestone in the life cycle of XRP is approaching: 13 million XRP burned. Nevertheless, the effect on the dynamics of XRP's price and scarcity is negligible in the absence of a significant burning mechanism.

The Shiba Inu (SHIB) ecosystem is seeing a positive change as Shibarium, its layer-2 scaling solution, is operating at near-full capacity again. This comeback comes after network struggles and SHIB price rebounds, showing that investors and the wider crypto community are regaining confidence.

Shiba Inu (CRYPTO: SHIB) is up 3.7% over the past 24 hours as positive news from its community bolster sentiment. What Happened: Pseudonymous lead developer Shytoshi Kusama suggested establishing a blockchain innovation hub in the U.S., inviting presidential candidates to endorse a "Silicon Valley" for the blockchain sector.

SHIB's bullish breakout shows promise, but resistance levels will determine its next move.

It is possible that Shiba Inu is about to surpass a six trillion SHIB transaction volume, which would indicate increased activity and interest from major holders. The number of large transactions and overall transaction volumes fluctuate according to on-chain data, reflecting periods of interest in SHIB trading activity as well as periods of stagnation.

Shytoshi Kusama, the lead developer of Shiba Inu, has unveiled an ambitious proposal to establish a “Strategic Hub for Innovation and Blockchain” (S.H.I.B.) in a United States city aka the “The Silicon Valley of Crypto.

Here's why a potential Trump win could benefit XRP's value.

At the world's largest Bitcoin conference, former President Donald Trump previously made a strong pledge to turn the U.S. into the “crypto capital of the planet” and a “Bitcoin superpower.” Speaking to a crowd of industry leaders and crypto advocates, Trump said that America must lead the way in cryptocurrency innovation.

Kusama stated that the project would give a very strong return, yielding $10 for every $1 invested over a decade.

As Americans gear up to cast their votes in the US presidential election, Shytoshi Kusama, the lead developer of Shiba Inu, has unveiled an ambitious initiative aimed at positioning the United States as a global leader in blockchain technology. This initiative titled the Strategic Hub for Innovation in Blockchain (S.H.I.B.

Shiba Inu's burn rate has skyrocketed, jumping 900% in the last week! On November 1, it saw a massive spike of 254,000%, with over 5.5 billion SHIB tokens burned.

At around 80%, the current dominance levels of Bitcoin (BTC) Ethereum (ETH) Tether (USDT) and USD Coin (USDC) on the cryptocurrency market suggest that the landscape may be changing. The market may see a reversal following one final push to this resistance level before the year ends, as the dominance of these core assets has historically peaked at about 82%.

DOGE's price surge came after the latest Musk interaction.

Check out which factors can trigger a SHIB price explosion.

As Americans prepare to vote for their next president, Shytoshi Kusama, the lead developer of Shiba Inu, has shared a big plan to make the U.S. a leader in blockchain technology. The initiative, known as the Strategic Hub for Innovation in Blockchain (S.H.I.B.

According to the data shared by the popular tracker Shibburn, over the last day the SHIB burn rate has fallen to zero. Still, curiously, there is a substantial amount of meme coins that were transferred to unspendable wallets.

Story Highlights The live price of the Ripple token is . The XRP price could reach a maximum of $1 in 2024. Ripple price with a potential surge, may reach a high of $4.89 by 2030. Ripple Labs native token “XRP” has lost momentum over the past few weeks.

Shiba Inu coin's team sparked a tidal wave of frenzy across the crypto landscape on Tuesday, revealing a proposal to introduce Strategic Hub for Innovation in Blockchain (S.H.I.B.) in the U.S. Notably, the meme coin's lead developer, Shytoshi Kusama, unveiled this proposal recently while also inviting “presidential candidates or interested parties” nationwide to jack up

The crypto market is experiencing volatility amid the US elections. The BTC price is back to $68k as the FUD surges. Under such conditions, SHIB and MOG are rising against the bearish tide, with intraday gains teasing the continuation of the uptrend.

XRP price lies near a crucial level as the U.S elections polling day on November 5th approaches Investors and analysts are keenly observing the potential impact of this significant political event on the crypto market, particularly XRP (XRP). XRP Price Ahead of U.S Election Day The price of XRP has increased by 0.1% in the

The cryptocurrency market enters a transformative phase, one asset that has captured significant attention is XRP. Despite a prevailing bullish sentiment across many digital currencies, XRP has struggled to make substantial gains.

The legal conflict between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has reached a critical juncture, particularly with the imposition of a $125 million fine. This penalty arises from the court's determination that specific sales of XRP were executed as unregistered securities offerings.

The cryptocurrency market has recently endured a substantial correction, with rising uncertainties surrounding the upcoming U.S. Presidential elections. Among the many tokens affected, Ripple's XRP has been under significant pressure, fluctuating close to critical support levels.