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news-imageDecember 11, 2024

Crypto Market Dip: XRP, ADA, and DOGE Face Double-Digit Losses

The cryptocurrency market has experienced a notable decline recently, with Bitcoin's price dipping below the $96K mark and altcoins like XRP, ADA, DOGE, and TRON facing double-digit losses. While this might seem alarming at first glance, many market experts view this correction as part of a normal cycle within the ongoing bull run.
Publisher: The Currency Analytics
Sentiment: Negative
ADA
DOGE

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cover-imageThe Daily Hodl
December 11, 2024

Ripple CEO Brad Garlinghouse Says Stablecoin RLUSD Has Received Final Approval From New York Regulators

Ripple Labs' newest stablecoin product has received final approval from a prominent New York regulator. In a post on the social media platform X, Ripple chief executive Brad Garlinghouse says that Ripple USD (RLUSD) – the firm's new dollar-pegged crypto asset – has been approved by the New York Department of Financial Services (NYDFS).

Negative
cover-imageThe Currency Analytics
December 11, 2024

Atomic Wallet's Bold Stance on XRP: Predicts $3 Is Out of Reach

Atomic Wallet, a well-known non-custodial decentralized wallet, recently made waves with its bold predictions about XRP's future. After previously expressing a sarcastic bullish stance on the cryptocurrency, the wallet platform raised concerns within the XRP community by suggesting that the digital asset might never reach the $3 mark again.

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cover-imageBitcoin
December 11, 2024

XRP Uptrend Intact—Is XRP Setting Up for Another Moonshot?

XRP has displayed a strong recovery over recent days, with prices climbing to $2.37 to $2.42 over the past hour, reflecting a 17% gain in 24 hours. Consolidation Phase or End of Rally? XRP at a Critical Crossroads XRP's upward momentum has brought the crypto asset close to a pivotal resistance zone at $2.

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cover-imageBenzinga
December 11, 2024

XRP Price Explodes 20% To $2.43 After Ripple Receives RLUSD Stablecoin Approval

Ripple‘s native token (CRYPTO: XRP) has skyrocketed 20% over the last 24 hours, trading at $2.43, significantly outpacing Bitcoin's (CRYPTO: BTC) 5% rise to $100,500. The rally comes after Ripple Labs secured approval from the New York Department of Financial Services (NYDFS) for its RLUSD stablecoin on Tuesday, marking a pivotal step in Ripple's expansion into the burgeoning stablecoin market.

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cover-imageBitcoinist
December 11, 2024

Cardano Founder Reveals Bitcoin DeFi Roadmap For 2025

In a series of statements on X, Charles Hoskinson, the founder of Cardano and CEO of Input Output Global (IOG), outlined his plans to integrate Bitcoin into a decentralized finance (DeFi) ecosystem by 2025. The plan involves leveraging Bitcoin's liquidity and making the project a layer-2 like network.

Positive
cover-imageBenzinga
December 11, 2024

Peanut The Squirrel, Popcat, GOAT Eclipse Dogecoin, Shiba Inu In Single-Day Gains On Exchange Listing Frenzy

Meme coins Peanut The Squirrel (CRYPTO: PNUT), Popcat (CRYPTO: POPCAT), and Goatseus Maximus (CRYPTO: GOAT) surged on Wednesday amid significant exchange listing announcements, surpassing the performance of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Peanut The Squirrel $1.30 $1.29 billion +30% +4.3% Popcat $1.26 $1.23 billion +14.7% -8.9% Goatseaus Maximus $0.6855 $685.4 million +29.2% -11.8% Dogecoin $0.4123 $60.5 billion +7.3% +0.0% Shiba Inu $0.00002917 $17.1 billion +13.8% -2.5% Trader Notes: Crypto trader Dami-Defi predicts PNUT could bring life-changing opportunities.

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cover-imageCoinPedia
December 11, 2024

$46 Million in XRP Leaves Binance, Buy Signal or What?

XRP, the native token of Ripple Labs, is poised for upside momentum as on-chain metrics, technical analysis, and recent whale activity hint at bullish signals. Recently, a whale transaction tracker, Whale Alert made a post on X (previously Twitter) that 22.08 million XRP tokens worth $46.13 million were transferred from Binance to an unknown wallet.

Positive
cover-imageCrypto Economy
December 11, 2024

XRP Skyrockets 18.8% in Just One Day! How Far Can It Climb?

TL;DR XRP has reached $2.39 per unit, marking an 18.8% increase in the last 24 hours and an accumulated rise of 303% over the past 30 days. The cryptocurrency has shown impulsive movements since November, with experts highlighting its clear upward trend and potential for further growth.

Positive
cover-imageInvezz
December 11, 2024

Cardano reclaims $1 after a 21% surge; time to buy ADA?

Cryptocurrencies traded in the green on Wednesday as the bulls staged recoveries after early this week's flash crash. The improving sentiments have triggered notable price surges in ADA, rescuing the altcoin from yesterday's plunge. Cardano's native token jumped from a daily low of $0.9182 to the $1.1049 peak. That translated to an impressive 20.

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cover-imageCoinPedia
December 11, 2024

Here's When XRP Price And Other Altcoins Will Pump Again

XRP has been experiencing interesting price movements lately, with an unexpected surge in retail interest. Google Trends data shows a rise in mentions of XRP and this surge has sparked a lot of retail hype. According to Brian from Santiment, it's fascinating how a strong 30-day performance can drive this kind of excitement.

Positive
cover-imageCoingape
December 11, 2024

Here's Why Dogecoin Price Is Ready For Next Leg To $1

Dogecoin price, a major meme-based altcoin, has seen a significant surge recently, becoming one of the top-performing cryptocurrencies. The digital asset has defied prevailing market trends, steadily gaining traction and drawing widespread attention for its remarkable rally.

Positive
cover-imageThe Currency Analytics
December 11, 2024

Ali Martinez Stays Bullish on Cardano, Eyes $4-$6 Target Despite Dip

Popular cryptocurrency analyst and chartist Ali Martinez is showing continued confidence in Cardano (ADA), even after the recent market downturn that has affected the altcoin. Despite a significant drop in ADA's price, Martinez plans to buy more of the digital asset, setting his sights on a future profit range between $4 and $6.

Positive
cover-imageCoinPedia
December 11, 2024

Trader Turns $2.5K Into $200K: A High-Stakes XRP Bet Pays Off

A trader recently turned a modest $2,500 into an astonishing $200,000 by leveraging XRP futures at 500x on the cryptocurrency exchange Rollbit. While the risk was immense, the strategy paid off as XRP's price surged drastically, after the announcement of approval of RLSUD stablecoin.

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cover-imageUToday
December 11, 2024

Dogecoin (DOGE) Shows 'Destructive' Chart, Top Trader Claims

Well-known analyst DonAlt recently called Dogecoin's chart destructive, asserting that traders' net worth has been greatly impacted by its sideways movement over the last month. The analyst claims that attempts to ride the speculative wave to $1 have resulted in the liquidation of numerous leveraged positions.

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