XRP hits $0.7491 as Robinhood adds XRP; BTC climbs on Fed rate cut bets. Market eyes SEC decisions and economic data for next moves.
The nonprofit foundation supporting the Cardano ecosystem, the Cardano Foundation, has revealed in a recent report that as of Dec.31, 2023, it held $478.24 million in assets, with 82.5% of those being held in ADA, 10.1% in BTC, and the rest in cash and cash equivalents. According to the report, the foundation allocated $19.
Cardano (ADA) price has surged 52% in the last seven days, but has seen a pullback of over 5% in the past 24 hours. Despite the recent rally, there are signs that the current uptrend might be losing momentum.
Solana (SOL), the fourth-largest cryptocurrency has gained notable attention from the cryptocurrency community as it breaks out of bullish price action patterns. Following the breakout, SOL is currently consolidating near the support level of $204, indicating potential accumulation before a major rally begins.
Ripple's native token, XRP, has been making headlines recently as it experiences significant price action, fueled by favorable developments in its ongoing legal battle and increased market activity. After a remarkable 13.5% surge in the past 24 hours, XRP is now eyeing a potential 75% rally.
Given that its price recently hit the $0.00003 mark, Shiba Inu has been showing encouraging growth potential. As the market expects more gains, this increase demonstrates the SHIB community's renewed interest and momentum.
Solana's recent price decline appears to be a retest of the breakout level, which is a bullish signal.
The makers of Solana NFT marketplace Tensor are teasing a new SocialFi app called Vector.fun, which could be poised to take on Pump.fun.
Robinhood expanded its crypto offerings for US investors, adding Solana (SOL), Cardano (ADA), XRP, and Pepe (PEPE) to its lineup. This brings Robinhood's total crypto offerings to 19 assets.
Ripple whales are pushing to cross the XRP price past the $1 mark, but all eyes are turning to an altcoin rival, WallitIQ (WLTQ). With the potential for 5,200% gains, WallitIQ (WLTQ) is breaking ground with its secure, AI-powered, and innovative decentralised wallet technology and is poised to become a leading altcoin rival.
Binance introduces Earn Wednesday, offering limited-time rewards across Simple Earn, ETH Staking, SOL Staking, and more. Discover flexible and locked products available on a first-come, first-served basis.
Payment financing (PayFi) network Huma Finance launched its protocol on Solana. The expansion to this blockchain network expands Huma's ability to provide instant liquidity solutions for global businesses and meet the demand for affordable, accessible and secure on-chain payment financing, Huma said in a Wednesday (Nov. 13) press release.
The crypto-friendly trading app Robinhood has considerably expanded its altcoin offering for its United States customers just a week after Donald Trump's reelection as the next U.S. president, which is expected to usher in a more favorable regulatory environment for crypto.
A top market expert believes the Dogecoin price is long overdue for a rally to $1.5. Amid the brewing bullish momentum in the crypto market, investors also target XRP price for a run towards $10 and the new presale token ETFSwap (ETFS) to reach $5.
Solana price has been in a bullish rally over the last week, fueled by a recent surge in the crypto market, with Bitcoin price reaching new all-time highs above $93,000. Despite a slight pullback today, analysts suggest that Solana's price momentum could continue upward, potentially reaching $300.
The Arkham Exchange is finally live with an initial trading of Bitcoin (BTC), Ethereum (ETH) and some top altcoins. After weeks of preparation, the trading platform which many believe might challenge Coinbase Exchange is finally launched.
Widely followed analyst Benjamin Cowen is issuing a warning on Cardano (ADA) as the Ethereum (ETH) rival rallies. In a new video, Cowen tells his 822,000 YouTube subscribers that ADA could suddenly turn bearish against Bitcoin (ADA/BTC) on the weekly timeframe, similar to what happened in December 2020.
Retail trading giant Robinhood is announcing the addition of new crypto assets to its burgeoning suite of products. In a new press release, Robinhood says its adding smart contract platforms Solana (SOL) and Cardano (ADA), memecoin Pepe (PEPE), and XRP.
Renowned for its emphasis on sustainability and scalability, the blockchain platform Cardano has seen a notable increase recently. ADA, its native token, is surging nearly 80% in the last week, to the delight of investors.
Solana has become a preferred option for many venture capitalists and hedge funds, with belief that its price could reach new ATH during this bull market cycle. As Bitcoin aims for new all-time highs above $90K, potentially reaching $100K by year-end, there is significant buying interest in the altcoin market.
Solana (CRYPTO: SOL) is gaining traction as a strong contender for the next major altcoin rally, with one crypto trader marking a critical level to watch. What Happened: Crypto analyst DonAlt shared mixed views on Solana's recent breakout, describing it on X as "not the strongest" but noting that a breakout is still a positive sign.
The recovery momentum in the crypto market continues to accelerate as Bitcoin hits another high of $92,500 during Wednesday's U.S. market session. The U.S. Consumer Price Index (CPI) report fueled this surge in buying pressure, which revealed a year-over-year increase of 2.6%.
The PayPal USD (PYUSD) stablecoin now uses LayerZero's Omnichain Fungible Token (OFT) Standard to enable transfers between the blockchain networks Ethereum and Solana. This integration enables fast, secure and cost-effective transactions for both users and businesses, the companies said in a Tuesday (Nov. 12) press release.
Robinhood, the prominent crypto trading platform has relisted Solana (SOL), Cardano (ADA), and Ripple (XRP) on its platform. It also added PEPE to its offerings. Coins Rally Post Listing News This move follows significant customer dissatisfaction after the removal of SOL when the SEC classified it as a security.
Charles Hoskinson and Brad Garlinghouse let bygones be bygones, stirring speculation of a Cardano-Ripple tie-in.
XRP has struggled to breach the $1 mark for years, predominantly consolidating below $0.60. However, recent momentum in the crypto market has propelled XRP into the spotlight, with the token showcasing a powerful rally over the past 24 hours.
U.S. DOJ wants to seize $16 million in crypto from an FTX account, allegedly related to bribes.
Bitcoin is showing no signs of stopping its advance toward $100,000, and several altcoins look poised to follow.
Donald Trump has emerged in a historic comeback after winning the 2024 U.S. presidential contest, which has rocked financial markets and given fresh life to the cryptocurrency area. Major swing states pointing in Trump's favor, his triumph is seen by investors as a sign of market optimism and stability.
Cardano's native token ADA has performed exceptionally well in the past few days despite struggling as one of 2024's worst-performing cryptocurrencies.
Ripple's Jasmine Cooper and Axelar's Sergey Gorbunov discuss advancements in real-world assets (RWAs), tokenization and interoperability.
XRP price could imitate and "pull like Dogecoin" if a bullish chart pattern is confirmed.
The price of Ripple has risen by 4% in the past 24 hours, with analysts predicting that it could reach new all-time highs as part of the current bull cycle. The post 13 Million XRP Burned, Analyst Predicts $6.4 Target as Scarcity Rises appeared first on Cryptonews.
Two Solana memecoins, ACT I: The AI Prophecy (ACT) and Peanut the Squirrel (PNUT), recently listed on Binance for spot trading, witnessing monumental gains. Amid the Solana memecoin surge, Dogecoin (DOGE) continues to rocket following a series of bullish events.
On Wednesday, the Cardano Foundation- a not-for-profit entity responsible for developing and maintaining the Cardano network- released its first-ever Financial Insights Report. It detailed how it spent funds in 2023, totaling $19.22 million across operations, education, and adoption.
Robinhood Crypto has expanded its U.S. platform with the addition of Solana, Pepe, Cardano, and XRP.
PayPal USD (PYUSD) will now facilitate cross-chain transfers between Ethereum and Solana through Wormhole, enhancing stablecoin transactions and interoperability.
Recently, Robinhood announced that it will list PEPE, Solana (SOL), Cardano (ADA), and XRP, a strategic move that could have a significant impact on the market and the spread of cryptocurrencies.
The Cardano Foundation has released its first Financial Insights Report, disclosing that its assets totaled $478.24 million as of Dec. 31, 2023, according to a Nov. 13 statement shared with CryptoSlate. Of the reported assets, the Foundation holds 82.7% in ADA, 10.1% in Bitcoin, and the remainder in USD liquidity.
Robinhood pared back its crypto listings amid an industry-wide crackdown last year, but it's brought a couple back—along with newcomers.
TL;DR The Cardano Foundation presented its first financial report, detailing the allocation of resources and achievements in key areas for 2023. The organization allocated $19.22 million to operational resilience, education, and adoption, in addition to $4.55 million for central operating expenses.
For the first time in history, the Cardano Foundation has published a Financial Insights Report, showing it holds $478.24 million in assets, mainly in ADA, with a bit of Bitcoin sprinkled in. CEO Frederik Gregaard, who's driving this “open-book” approach, says the report goes hand-in-hand with Cardano's 2023 Activity Report.
XRP, Ripple Lab's flagship crypto asset, is well-acquainted with rigorous price swings, and recent trends in its chart make the next price action more consequential.
A well-known crypto trader, who goes by the nickname "DonAlt," shared his views on the popular cryptocurrency XRP and its price performance. The trader's attention to XRP is likely due to the fact that the price of XRP has risen 14% since the beginning of this week and 47% since the beginning of last week, reaching its highest level since July 2023.
The Cardano community is buzzing with expectation as the much-awaited Chang 2 hardfork brings two significant updates this week.
Solana could soar to $600, say analysts, amid growing institutional confidence and potential regulatory tailwinds. Learn why SOL is favored over Bitcoin and Ethereum. The post Solana Outperforms Bitcoin and Ethereum – Market Analysts Predict $600 Milestone in This Bull Run appeared first on Cryptonews.
Robinhood has reinstated Solana (SOL), Cardano (ADA), and Ripple (XRP) on its platform, while also adding PEPE to its listings. This follows the earlier removal of SOL, prompted by the SEC's classification of the token as a security.
Coinbase Inc. (NASDAQ:COIN) has introduced the Coinbase 50 Index (COIN50), a new benchmark tracking the performance of the top 50 digital assets listed on the exchange. What Happened: Leading the index, Bitcoin (CRYPTO: BTC) holds a weight of 50.3%, followed by Ethereum (CRYPTO: ETH) at 27.5%, collectively making up a substantial portion.