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news-imageOctober 23, 2024

Cryptocurrency Market Update: XRP Struggles, Bitcoin Breaks Out, and Solana Soars

The cryptocurrency landscape evolves, recent developments highlight a stark contrast among the top ten digital assets. While Bitcoin is experiencing a significant breakout, XRP is struggling to maintain its momentum.
Publisher: The Currency Analytics
Sentiment: Positive
BTC
SOL

More News Articles

Positive
cover-imageCryptoSlate
October 23, 2024

Ripple's Brad Garlinghouse joins crypto leaders in backing John Deaton over Elizabeth Warren

Ripple CEO Brad Garlinghouse has publicly endorsed pro-crypto lawyer John Deaton‘s campaign to unseat Senator Elizabeth Warren and become the next senator from Massachusetts. On Oct. 22, Garlinghouse stated that he supports Deaton “enthusiastically and wholeheartedly ” and praised the attorney for being a tireless advocate for XRP and the broader cryptocurrency industry.

Negative
cover-imageNewsBTC
October 23, 2024

XRP Price Could Face Last Major Crash, Warns Crypto Analyst

In a new technical analysis of the XRP price in the weekly chart (XRP/USD), crypto analyst Dark Defender warns of a potential last major crash. The analysis uses the Elliott Wave theory and dives into the historical and projected paths for XRP, marked by critical price levels and wave patterns.

Positive
cover-imageCoinPedia
October 23, 2024

Bitcoin Price Prediction: Bernstein Analyst Predict BTC To Hit $200K BY 2025

The largest cryptocurrency by market cap Bitcoin has the struggle to gain momentum despite growing institutional and retail demand. Meanwhile, Bernstein, a well-known research and brokerage firm predicted that the cryptocurrency could reach $200,000 by the end of 2025 on the back of the surge in institutional interest, particularly through ETFs.

Negative
cover-imageUToday
October 23, 2024

Bitcoin Loses Ground to Gold This 'Uptober': Mike McGlone

Chief commodity strategist of Bloomberg Intelligence Mike McGlone has taken to his account on the X platform (widely famous as Twitter in the past) to share with the investment community his take on what is happening to Bitcoin and gold and what similarities BTC has with copper.

Negative
cover-imageCoinPedia
October 23, 2024

Bitcoin Crash Imminent? BTC Breaches Crucial Level

Bitcoin (BTC), the world's largest cryptocurrency by market cap appears bearish and is poised for a notable price decline in the coming days. The bearish outlook is driven by overall market sentiment and the recent breakdown of a crucial support level at $66,500.

Negative
cover-imageBenzinga
October 23, 2024

Bitcoin Spot ETF Nets $79M Outflow After 7-Day Inflow Streak

Bitcoin spot ETFs recorded a net outflow of $79.09 million on Tuesday, marking the first outflow after a consistent inflow streak over the past seven days. What Happened: BlackRock‘s (NASDAQ:IBIT) ETF, showed a gain of $42.9 million on Oct. 22, while ARK Invest‘s (CBOE: ARKB) ETF saw a substantial outflow of $134.7 million.

Negative
cover-imageUToday
October 23, 2024

Ripple CTO Mocks SEC With Recent Tesla-Themed Tweet: Details

In a recently published tweet, Ripple CTO David Schwartz, known on the X social media network as @JoelKatz commented on an X post by another user and added his comment which most likely refers to the legal overreach of the US Securities and Exchange Commission regarding crypto and “unregistered securities.”

Positive
cover-imageThe Currency Analytics
October 23, 2024

Bitcoin Accumulation Soars to 2.9 Million BTC: Are Investors Bracing for a Major Rally

Bitcoin continues to be a hot topic in the cryptocurrency world, particularly with recent reports revealing that the total amount held in accumulation addresses has surged to a remarkable 2.9 million BTC. This development signifies a growing confidence among both individual and institutional investors in Bitcoin's long-term prospects, even amid ongoing market uncertainties.

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