Dogecoin shows strong signs of a breakout, but network activity holds the key.
SHIB price has been on the move recently, with a sharp rise in its 7-day MVRV ratio indicating that many holders are in profit. Whale activity has been cautious, with only modest accumulation, which could limit further price gains.
Shiba Inu (SHIB) could be on the verge of massive growth amid the team's efforts to expand utility. SHIB is currently the second-largest meme coin, with more than $10 billion in market capitalization.
In a Thursday interview with CNBC's Squawk Box, Securities and Exchange Commission (SEC) boss Gary Gensler reiterated that Bitcoin does not qualify as a security under his agency's regulatory purview.
On September 27, 2024, the overall cryptocurrency market experienced a price reversal amid this Shiba Inu (SHIB) outperformed major cryptocurrencies with its impressive performance. According to the coinmarketcap data, SHIB has experienced a significant price surge of over 20% in the last 24 hours and is currently trading near the $0.0000187 level.
Shiba Inu ecosystem is gearing up for another significant milestone as the project's team hints at the potential launch of a new stablecoin, sparking a wave of excitement within the entire SHIB community.
Cryptocurrency markets are spiking, with Bitcoin reaching its highest level since early August. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $65,048 +3% Ethereum (CRYPTO: ETH) $2,653 +2.8% Solana (CRYPTO: SOL) $156.58 +4% Dogecoin (CRYPTO: DOGE) $0.1183 +7.8% Shiba Inu (CRYPTO: SHIB) $0.00001841 +18.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 2.1% and daily active addresses falling by 4%.
Ripple (XRP), one of the most prominent cryptocurrencies, has garnered attention due to a series of significant market and on-chain events that have left the XRP community uneasy. With developments around large token transfers and increasing exchange reserves, questions have arisen about the future direction of XRP's price.
The co-founder of the original memecoin is calling out Gary Gensler after the U.S. Securities and Exchange Commission (SEC) chair said Bitcoin (BTC) is not a security. In a new interview with CNBC, SEC chair Gensler states clearly that BTC is not a security.
Some eagle-eyed members of the XRP community recently spotted a bewildering transaction on the XRP Ledger.
Dogwifhat (CRYPTO: WIF) is up 8% on the day and 26% on the week, closely following its rival Shiba Inu (CRYPTO: SHIB) as traders see more upside playing out shortly. What Happened: On-chain data provider Lookonchain shows a major WIF holder borrowing 2 million (CRYPTO: USDC) from the Solana (CRYPTO: SOL) DeFi protocol Kamino to buy an additional 894,854 WIF at $2.24 each.
Bitcoin, Shiba Inu and Cardano are 3 of the cryptocurrencies with the highest demand in the market today. Although they are very different from each other, they are all going through a moment of great growth and development that have allowed massive adoption.
Many stocks and digital assets rose today on China stimulus news and a positive outlook for the economy.
The zkVM scaling solution will make the dog-themed memecoin network “STRONKer than all the others,” QED and Nexus said.
Ripple's (XRP) price is showing signs of a potential retracement. Despite recent bullish momentum, weakening market signals suggest that the altcoin may struggle to maintain its upward trajectory in the short term.
What does Shiba Eternity's new Play 2 Earn version bring to the table that got fans so excited?
As the cryptocurrency market continues to experience rapid change, investors are on high alert to identify the next breakout star. Among the contenders in the current bull cycle, ETFSwap (ETFS) is gaining momentum with its distinctive DeFi platform above Dogecoin (DOGE) and Shiba Inu (SHIB), regardless of their established status in the crypto market.
XRP's exchange reserves continue to rise, suggesting higher selling pressure and further price decline.
The XRP community spent the last week closely monitoring the wallet of Chris Larsen, one of Ripple's co-founders. The wallet which was dormant for 11 years since 2013, suddenly became active. It transferred 50 million to an anonymous new wallet. The XRP community began closely following these $29.
Check out the latest scam warning issued by the SHIB team.
Shiba Inu made a strong comeback on Sept. 26, soaring to its highest level since July 27, as Shibarium's fees surged.
Dogecoin (DOGE) recently broke above a falling wedge pattern, which it had been trading within for several months. This type of breakout typically signals a potential upside reversal, hinting at a continued rally.
This week on the crypto market was marked by hearings in the U.S. Congress on the regulation of cryptocurrencies, where the head of the SEC, Gary Gensler, came under particular pressure. Among other things, the current chairman was called "the most destructive and lawless SEC chairman in history" due to his well-known policy of regulation by coercion and enforcement.
How did Billy Markus defend himself against rumors linking him to the creator of Bitcoin?
Shiba Inu (SHIB) is displaying promising indicators that suggest it could soon become a profitable asset for many investors. Recent on-chain data reveals that approximately 49% of SHIB holders are currently experiencing profits, with the cryptocurrency trading around $0.00001499.
Dogecoin (DOGE) is currently in the midst of a significant spike in volume combined with very rapid price action to the upside.
Bullish momentum is set to push SHIB into eagerly awaited territories.
The past week in the XRP environment was spent closely monitoring the wallet of one of the cofounders of Ripple, Chris Larsen, after, on Sept. 20, the wallet, which had been dormant for 11 years since 2013, suddenly became active.
After being trapped in a horizontal consolidation between $0.000015 and $0.000012 since early August, Shiba Inu (SHIB), the second-largest meme coin by market cap, broke out of the liquidity zone.
Despite Ripple's selling spree, which has so far included offloading a total of 350 million XRP from its treasury reserves in September, XRP (XRP) has managed to resist the bearish pressure and has recovered from the brief negative reaction, and one cryptocurrency expert has made a bold prediction.
XRP has dipped by 0.2% in the past 24 hours, slipping to $0.5895 as the cryptocurrency market barely moves today.
Mark Cuban has joined the ranks of billionaires criticizing the SEC, following in the footsteps of Elon Musk. Previously, Cuban has been vocal about the SEC's stance on cryptocurrency, using the hashtag #SaveCryptoFromTheSEC. This time, he has offered actionable advice, urging the SEC to establish clear guidelines for crypto firms to follow.
Shiba Inu (SHIB) ecosystem explosive growth: 2,190% jump in Shibarium fees and a 203% surge in trading volumes. Why this renewed interest in SHIB?
After a long stretch of muted price action, Dogecoin has finally entered a position where it could be gearing up for a surge. With major developments such as an increase in participation from both small and large investors, as well as indicators turning bullish, the DOGE price looks primed for a major recovery.
Shiba Inu's Shibarium blockchain sees remarkable growth and community backing, positioning it for continued expansion in the decentralized finance space.
The crypto market has grabbed quite a momentum in the last few days, moving parallel with Michael Saylor's forecasts. However, today, the market had a break, where it faced a minor downtrend.
Shiba Inu (SHIB), a popular meme-based altcoin, has experienced a very notable price surge in the last 24 hours. The asset is in the middle of a rally that has driven prices up by 14.40% at press time.
Despite experiencing several positive events such as winning the Ripple vs SEC ruling, Grayscale adding the XRP trust, and a strong bullish reversal in the crypto market. Ripple's native token “XRP” continues recording a neutral price action for a brief period.
TL;DR Imminent Release: The Shiba Inu team has hinted at the upcoming release of the SHI stablecoin, which aims to provide stability and utility within the Shiba Inu ecosystem. Stable Value: SHI is designed to be pegged at $0.01, offering a reliable value for transactions and mitigating price manipulation risks.
A new day has brought a new twist to the popular meme-inspired Shiba Inu (SHIB) cryptocurrency. According to Shibariumscan, the total volume of BONE tokens collected as transaction fees on the Shibarium network has increased by 2,190% in the last 24 hours.
Fruition Productions' upcoming documentary XRP Unleashed explores Ripple's legal battles and the future of its controversial cryptocurrency, XRP.
Cryptocurrency Market Today: With 1.19% growth in the last day, the global cryptocurrency market has maintained its upward trajectory, with a total market capitalization of $2.26 trillion. However, trading volume decreased by 8.74% to $67.53 billion at this time.
XRP's global takeover has officially begun and according to analysts across the globe, XRP is about to go mainstream. And to top it all off, the SEC recently released a statement that could signify a pivotal moment for cryptocurrency regulations. For the first time, they acknowledged the need to provide clarity around cryptocurrencies.
DOGE whales have been on a shopping spree lately.
Crypto analyst and trader Ali Martinez shared a Dogecoin graph provided by analytics company Santiment.
According to recent movements, the crypto company Ripple may soon unveil its stablecoin RLUSD. Details in this article!
Meme coin leaders Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are picking up steam and could rise even further, according to predictions. What Happened: Shiba Inu's burn rate increased by 640.7%, as around 1 million SHIB coins were burned in a single transaction, according to Shibburn data.