Solana price has moved into a technical bear market as the crypto sell-off intensifies after the hawkish Federal Reserve decision. Solana (SOL), the fifth-biggest cryptocurrency, dropped to the psychologically important support at $200.
Sonic and Injective partner for the cross-chain AI Agent platform, integrating Solana and Injective ecosystems via a Smart Agent Hub.
XRP eyes a $168 surge after breaking key Fibonacci levels, signaling a historic rally amid bullish momentum.
XRP price is down nearly 6% in the last 24 hours, following a historic surge earlier this December that solidified its position as the 4th largest cryptocurrency by market cap. Momentum indicators like RSI and CMF show a mixed outlook, with RSI at 45 indicating neutral conditions and CMF at 0.01 signaling slight positive capital flow.
The Federal Reserve's hawkish tone for 2025 pressures crypto markets, cooling Bitcoin's rally while raising concerns over tighter liquidity and macroeconomic risks.
Though most discussed in the context of the staggering post-election rally, XRP's most recent trend has been one of stagnation, and the latest even turned into a substantial price drop.
Analyst and trader Ali Martinez is leaning bullish on the third-largest crypto asset by market cap, XRP. Martinez tells his 100,500 followers on the social media platform X that XRP is flashing a bullish signal on the four-hour time frame and could soar by around 57% from the current level.
Solana's decentralized app (DApp) ecosystem exploded in November 2024, reaching a record $365 million in revenue. The post Solana DApp Revenue Soars 15x in 2024, Led by Meme Coins and DeFi appeared first on Cryptonews.
XRP and ETH are neck and neck in a race to pull capital away from Bitcoin as market sentiment grows risk-averse. But only one will seize the moment.
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XRP recent crash has left investors on edge as the crypto faces significant market turbulence. But what are the reasons behind the drop?
Because it is still stuck in a descending channel, Solana is still showing bearish momentum, which suggests that the asset is under more pressure. SOL is now trading at about $210 after gradually declining, failing to maintain its prior highs of about $280.
Fartcoin, a popular Solana-based token, is up 500% in just 11 days and shows no signs of stopping. Despite the recent crash in Bitcoin price below $100,000 that caused altcoins to drop double-digits, FARTCOIN continues to trend higher.
It's been under a week since the launch of the $SOLX presale, but Solaxy's native token is taking no prisoners. After raising $350K in its first 24 hours, just five days later, that tally has skyrocketed to $2.85M.
After the FOMC sell-off, BTC, ETH and XRP eased at key levels. Is a pre-Christmas recovery on the cards?
SEC Chair Gary Gensler has been quietly reshaping the SEC Enforcement Division by promoting five senior officers, many of whom have been key players in crypto-related enforcement. These promotions, which typically occur over a span of years, were made discreetly and without fanfare, raising questions about their timing and purpose.
A former SEC enforcement official and vocal critic of cryptocurrency, has raised significant concerns about the recent ruling by Judge Torres in the Ripple case. Stark, speaking on the Docket Media LLC podcast, expressed his belief that the decision made by Judge Torres was fundamentally flawed and could lead to confusion for the wider cryptocurrency industry.
The price of XRP has fallen by 6% today, but recent whale accumulation suggests that it won't be down for long. The post XRP's Path to $100, $300, or Even $500 – Are Whales Signalling a Massive Rally? appeared first on Cryptonews.
Over the past 24 hours, the cryptocurrency market was hit by a tsunami of liquidations, which took away almost $800 million in traders' positions. Diving deeper into the data from CoinGlass, it is apparent that most of them, namely, almost 84% of them, came from long positions.
Solana price has experienced a notable decrease in the past 24 hours, reflecting the broader crypto market cues. This drop comes after SOL hit a three-month high.
Solana's decentralized applications (DApps) revenue hits a new milestone, contributed by the surge in meme coin-related activity and other factors. During November 2024, the network clocked a staggering $365 million in revenue, as per the latest report.
The crypto market took a battering after Fed Chair Powell's speech at the FOMC meeting on Wednesday. However, Thursday has dawned brightly for the crypto market and a bounce is under way.
Ripple's native cryptocurrency, XRP, has been a standout performer in the crypto market, surging nearly 500% from $0.50 to $2.60 in recent months. Despite this remarkable growth, XRP has come under fire in a video titled “Everything That's Wrong With XRP,” sparking debate within the crypto community.
XRP's price has sharply retraced following the announcement of its RLUSD stablecoin launch. After going as high as $2.73, the coin plummeted by more than 18% merely 24 hours after Ripple's stablecoin went live.
Bitcoin may be up 145% this year, but it's hardly alone. Many other top cryptocurrencies are also turning in triple-digit returns, setting up an interesting dilemma for investors as we head into 2025.
Pump.Fun, the flagship dApp of the Solana ecosystem, continues to record mind-blowing numbers, increasing its revenue in the month of November.
SOL is showing signs of a major recovery as the market skews bullish, though its next move remains uncertain.
In a recent tweet, Ripple shared a short clip featuring its president, Monica Long, who provided valuable insights into the newly launched RLUSD stablecoin. This new stablecoin aims to set a new benchmark in the stablecoin landscape.
The analyst claimed that only one of the seven elements has been checked so far.
In the last 30 days, XRP has witnessed a massive growth of over 116.1%. It has outperformed all the other top cryptocurrencies, including Bitcoin, Ethereum, Solana, and Dogecoin. Popular crypto analyst Velo Maxi advises holders to watch for a few key events before selling their tokens.
The XRP community recently erupted with a video dubbed, "What is wrong with XRP," where the author names three reasons why popular cryptocurrency is not a good investment.
XRP has surged to $2.54 in December 2024, marking a 124% monthly gain driven by institutional buying and whale accumulation, pushing its market cap to $145 billion and securing its position as the third-largest cryptocurrency.
Bitcoin (BTC) slumped below $100,000 after Federal Reserve Chairman Jerome Powell said the central bank is not allowed to own Bitcoin and is not looking for a law change.
If you had invested $6,000 in the world's largest cryptocurrency Bitcoin roughly a decade ago, you'd be a millionaire today. Bitcoin and the crypto sector have overcome all odds not just to survive, but to thrive.
ETFs are gaining traction in the financial world. These assets could soon take center stage in the race for crypto fund innovation.
Whale activity raises questions as Chainlink tests critical resistance levels near $25.
After a strong bullish trend, the crypto market reversed course following a significant market downturn. XRP price experienced a sharp 15% decline after the launch of RLUSD, marking a bearish shift after gaining over 110% in the past month.
Ripple's XRP has been moving within a tight range, bouncing between key support levels and resistance points. As of December 19, XRP's price sits around $2.36, struggling to break through the $3 resistance level that has kept the cryptocurrency from gaining significant momentum.
Despite the controversy faced by the platform, Pump.fun earned $106 million in DApp revenue in November.
Despite the controversy faced by the platform, Pump.fun earned $106 million in DApp revenue in November.
Binance's Solana liquid staking token, BNSOL, has achieved a significant milestone, surpassing $1 billion in Total Value Locked (TVL) just three months after its launch.
Solana's (SOL) remarkable growth in the last few months has led to comparisons to Cardano (ADA), once a dominant player in the blockchain space. As Solana continues to outpace Cardano in terms of transaction speed, low fees, and overall ecosystem development, many are questioning whether Cardano can regain its relevance in 2024.
Cassie Craddock, managing director for the United Kingdom and Europe at Ripple, shared some key predictions about XRP for 2025.
XRP News Now : Amid the ongoing crypto correction escalated by the monetary policy changes in the United States, Ripple Labs-backed XRP has retraced more than 5 percent in the past 24 hours to trade about $2.36 on Thursday, during the early European session.
XRP and DOGE futures recorded an unusually high $70 million in liquidations, indicative of rising speculative activity in majors.
After the US Federal Reserve announced a 25 bps rate cut on Wednesday, the Bitcoin price came crashing under the $100K level to trigger the broader crypto market crash. The selling pressure was a reaction to the Fed's future monetary policy guidance for 2025 and coming years.
Bitcoin, XRP and Dogecoin saw sharp declines following the Federal Reserve's announcement of a rate cut on Dec. 18, 2024.