The price of XRP has picked up again after a seemingly troubled start to the month. The price of the digital currency, per data from CoinMarketCap, is up 2.4% in 24 hours to $0.5397.
Despite the ongoing Ripple vs SEC case and market uncertainty, XRP is witnessing a remarkable 266% surge in buying from institutional investors. Last week, institutional purchases jumped to $1.1 million, up significantly from just $0.3 million the previous week.
In a concerning development for the Cardano ecosystem, the community has issued an urgent scam alert following a hack of the Cardano stablecoin USDM official X handle.
Solana has seen a surge in bullish sentiment and trading volume, driving its price closer to breaking key resistance at $151.
XRP is back in the news after CoinShares released its latest weekly report on investments in exchange-traded products focused on digital assets. The report once again put the spotlight on the popular cryptocurrency.
The cryptocurrency market is slightly recovering, with Bitcoin above $64,000 and Ethereum over $2,500. Several Solana Rivals are gaining momentum, potentially offering significant returns.
As of Oct. 14, 2024, ethereum's price is $2,541, with a total market cap reaching $305 billion. In the last 24 hours, ETH has swung between $2,436 and $2,555, supported by a trading volume of $14.31 billion. Despite this activity, technical indicators hint at continued bearish momentum, with key support levels under pressure.
Amid ongoing regulatory battles and market uncertainty, investors are questioning the future of the XRP price. The SEC's efforts to overturn the non-security ruling have heightened fear, uncertainty, and doubt (FUD), raising concerns about whether XRP could face a catastrophic drop to zero.
Ethereum is in a crucial phase, with an inverted head and shoulders pattern forming on the daily chart and a double-bottom pattern on the 4-hour chart, both pointing toward the possibility of a slight bullish reversal. The $2.7K neckline and $2.
XRP has been one of the underperformers in the current crypto market cycle, remaining approximately 86% below its all-time high of $3.84 reached on January 4, 2018. Remarkably, despite significant fluctuations in the meantime, XRP is trading at a price similar to where it was one two years ago in October 2022.
As markets kick off the week positively, Ethereum (ETH), the second-largest cryptocurrency by market cap, has also shown strength, rising nearly 3% and crossing the critical $2,500 level. Meanwhile, Popular crypto analyst Ali Martinez highlights a historical trend that could lead to a 130% surge, potentially pushing ETH toward $6,000.
But interestingly, as of press time, searching for “DOGE” still shows Dogecoin's price chart.
As major financial institutions continue to take an interest in Ripple for its cross-border payment solutions, its token XRP faces a technical barrier that hinders its rise. However, a renewed interest from whales in XRP has been observed in recent days, suggesting bullish long-term expectations.
The movements of whales – entities that are fast-moving in the cryptocurrency market because of their large punctuation – are some of the specific instances to consider in making sense of cryptocurrencies. In particular, Solana (SOL) Whales, have started buying some very promising new altcoin going for less than $0.
As the cryptocurrency defines changing landscapes, one of the inhabitants of the Ripple (XRP) ecosystem, an XRP whale remains bullish on a $6 price target.
In a significant development for the cryptocurrency market, Ripple has minted a staggering 4.5 million RLUSD stablecoins within 24 hours.
XRP saw massive buying by institutional investors as the U.S. Securities and Exchange Commission and Ripple agreed to continue the legal fight in the Second Circuit Court of Appeals. With Ripple's recent SEC lawsuit win in a district court and an upper hand in the circuit court, investors seemed more upbeat about a huge upcoming
With Bitcoin (BTC) making its own breakout, Solana (SOL) has been quick to follow suit. Already closing in on Ethereum as the premier layer 1 blockchain network, the $SOL price is likely to continue sucking value out of $ETH going forward.
Solana (SOL), XRP, and Shiba Inu (SHIB) are crypto's top contenders for the next potential breakout. These coins have distinct support and resistance levels, setting the stage for possible rallies.
Today marks a positive day for most cryptocurrencies, with Solana, Bitcoin, and Ethereum leading the top 10 with impressive surges. But what to expect from each?
The cryptocurrency market has witnessed significant fluctuations and developments over the past few weeks, impacting the prices and sentiments surrounding various assets, including Uniswap (UNI) token, XRP, and FTX's FTT token, XRP. FTX's FTT token navigating a caution market sentiment FTX's FTT token is currently priced at $2.02, reflecting a 3.
Vitalik Buterin sold various meme coins for $2.24 million amidst a surge in the meme coin market, emphasizing his support for charitable donations within the crypto space.
Bitcoin (BTC) registered a weekend bounce after briefly dropping below $60,000. The world's largest cryptocurrency has been up by almost 3% over the past 24 hours and is currently trading around the $64,500 mark, with buyers eying the $65,000 price level.
Monochrome, a leading Australian crypto investment firm, is poised to launch the country's first spot ether (ETH) exchange-traded fund (ETF) on Tuesday. The Monochrome Ethereum ETF (IETH) will debut at 10:00 local time, marking a major milestone for the Australian crypto investment landscape. This follows the successful launch of Monochrome's spot bitcoin ETF in August.
TL;DR Speedier Transactions: Vitalik Buterin proposes the introduction of “Single-Slot Finality” to reduce transaction finalization time from up to 15 minutes to just 12 seconds, improving user experience and competitiveness.
Australia-based asset management firm Monochrome is preparing to launch an Ethereum exchange-traded fund (ETF) on the Chicago Board Options Exchange (Cboe). The ETF is expected to begin trading on Monday, October 14.
It would offer in-kind Ethereum subscriptions and redemptions—a feature absent in U.S. crypto ETFs.
With the Bitcoin price on the verge of achieving the $65,000 mark, the cryptocurrency market has recorded a strong bullish recovery over the past few hours. Moreover, top altcoins are on the verge of breaking their important levels, highlighting increased bullish sentiment.
Monochrome launches the world's first Ethereum ETF on Cboe Australia. IETH offers in-kind redemption for Ethereum, enhancing flexibility for investors.
Australia-based asset management firm Monochrome is set to launch the nation's first spot Ethereum exchange-traded fund on the global listing exchange Cboe following Ether's much-awaited arrival on American exchanges.
Solana's price jumped 3% on Monday, marking its fourth straight day of growth. This steady rise shows strong momentum.
What will be the evolution of the Proof-of-Stake blockchain?
Ethereum co-founder Vitalik Buterin recently outlined ways to improve the blockchain's proof-of-stake (PoS) system despite its existing strengths in decentralization and stability. In a post on Oct. 14, Buterin discussed potential upgrades that could enhance transaction speeds, boost security, and make staking more accessible for solo participants.
In a recent blog post, Buterin shared his thoughts on how Ethereum can improve in a world where it uses a system called proof-of-stake (PoS) instead of the old proof-of-work model. This transition took place in 2022 and was a highly anticipated event for the crypto community.
There is no expectation, however, that the thing will have effects on the price of ETH.
Ethereum co-founder Vitalik Buterin has noted that while the shift from Proof of Work (PoW) to Proof of Stake (PoS) was a major event, there are areas that still need improvement. In a recent blog post, he underlined the importance of making staking more accessible and speeding up block finalization.
Vitalik Buterin, Ethereum co-founder, sold a large amount of meme coins, receiving over $600,000 in ETH, continuing his practice of using unsolicited tokens for charitable donations.
Ethereum co-founder Vitalik Buterin has converted meme coins worth $1.6 million into Ether (ETH) set to be donated to various charitable causes.
According to recent data provided by Whale Alert, a popular service that tracks large cryptocurrency transactions, $10.3 million worth of XRP was recently transferred from an unknown wallet to the Bitstamp exchange.
Ethereum (ETH), in line with its transition from proof of work (PoW) to proof of stake (PoS), still has a long way to go in its tech goals. In a recent post, Vitalik Buterin shared insights into the next major phase of the transition, dubbed The Merge.
The cryptocurrency market is gaining momentum, with Bitcoin surpassing $64,000, triggering enthusiasm among investors. Several Cardano rivals have shown impressive expansions, potentially transforming small investments into considerable profits by end of year 2024.
This donation follows his public support for her back in September. According to CNBC, Larsen has contributed more than $1.9 million to Harris's campaign for president of the United States.
Mike Novogratz's Galaxy Digital once again caused a stir across the crypto market on Monday, moving massive amounts of Bitcoin and Ethereum. On-chain data suggests that the digital assets financial services firm moved over 500 BTC and 7000 ETH between crypto exchanges, sparking investor speculations.
The much awaited political trigger for SOL is around the corner - Which direction will SOL take?
Monochrome has broken new ground with the planned launch of world's first Ethereum ETF featuring in-kind redemptions, offering unique tax advantages for long-term holders.
Solana (SOL) has surged past $150, marking the first time since October 1 that it has reached this level, signaling a potential turnaround after a challenging start to the month.
Ethereum co-founder Vitalik Buterin recently provided an update on the ongoing improvements to Ethereum's proof of stake mechanism. In a detailed discussion, Buterin emphasized the need to enhance the technical design of proof of stake to achieve faster finality and greater accessibility for individual validators.
Ethereum's Buterin has unveiled plans to enhance the network's consensus model, focusing on single-slot finality, staking accessibility, and increased validator participation.