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news-imageNovember 6, 2024
Publisher: The Cryptonomist
Sentiment: Neutral
ADA
XRP

More News Articles

Positive
cover-imageThe Currency Analytics
November 6, 2024

Cardano (ADA) Set for Double-Bottom Reversal to $0.41

Cardano (ADA) has emerged as one of the assets showing intriguing signs of a potential bullish reversal. After enduring a brief three-day bearish stretch, the price of Cardano is now testing crucial support zones, leaving analysts to speculate whether the asset is primed for a double-bottom reversal that could push the price higher, potentially reaching $0.41.

Positive
cover-imageThe Currency Analytics
November 6, 2024

XRP Hits 7-Month High as Whales Accumulate 390M XRP

XRP, the cryptocurrency known for its role in facilitating fast and low-cost cross-border payments, has been experiencing some significant developments recently. On-chain data reveals a sharp rise in active accounts on the XRP Ledger (XRPL), reaching a 7-month peak.

Negative
cover-imageInvezz
November 6, 2024

Pro-XRP lawyer John Deaton loses Massachusetts Senate race: crypto fans urge Trump to appoint him as SEC chair

The Massachusetts Senate race has concluded with Senator Elizabeth Warren winning re-election over her pro-crypto opponent, John Deaton, marking a significant moment for the cryptocurrency industry. Warren, a prominent advocate for financial regulation, has remained a vocal critic of cryptocurrencies, which she often describes as a potential threat to financial stability and consumer security.

Positive
cover-imageCoinPedia
November 6, 2024

1.38 Billion XRP Tokens Move From Exchange, Election Fever or What?

The current market sentiment across the cryptocurrency landscape appears bullish as pro-crypto presidential candidate Donald Trump leads in U.S. election polls. 1.38 Billion XRP Transfer Amid this bullish sentiment, whales and investors have transferred a significant 1.38 billion XRP tokens worth $702.38 million from Bithumb to an unknown wallet.

Neutral
cover-imageTokenpost
November 6, 2024

FxWirePro-Token unlock Tomorrow (ADA)

Unlock date - Nov 6th 2024 Number of tokens unlocked- 18.53 million ADA (0.05% of its circulating supply) Current Circulating Supply - 35.74 billion ADA Previous token unlock - Oct 2nd, 2024 Cardano is a blockchain platform for change-makers, innovators, and visionaries, with the tools and technologies required to create possibility for the many, as well as the few, and bring about positive global change. Token Distribution Staking and Treasury fund reserve - 18.

Negative
cover-imageThe Currency Analytics
November 6, 2024

Cardano (ADA) Faces Struggles: Will It Break Out or Stay Stagnant Through 2024

The cryptocurrency market continues to feel the pressure of uncertainty, with the price of many altcoins, including Cardano (ADA), facing continued consolidation. Despite the fluctuations seen in the broader market, Cardano's performance has been especially lackluster, leaving many traders wondering whether it will ever see a breakout or remain stuck in a prolonged downturn throughout 2024.

Positive
cover-imageThe Currency Analytics
November 5, 2024

XRP's 7-Year Unbroken Support Signals Potential Bullish Trend

XRP, the digital asset linked to the Ripple network, has been a subject of much debate among cryptocurrency traders and analysts. A recent chart analysis by crypto analyst Egrag has drawn attention to an interesting feature in XRP's price history: a seven-year unbroken support level.

Neutral
cover-imageCoingape
November 5, 2024

XRP Whales Move $814 Million, What Is Going On?

XRP price has recovered above the $0.50 support amid massive whale transfers from South Korea's Bithumb exchange. In the past hour, over 1.6 billion XRP tokens, valued at approximately $814 million, were moved from the exchange to unknown wallets.

Positive
cover-imageThe Currency Analytics
November 5, 2024

XRP Lawsuit: Mark Yusko Says New SEC Leadership Could End Ongoing Legal Battles and Unlock Crypto ETFs

The cryptocurrency market is currently navigating through a complex regulatory landscape, with the U.S. Securities and Exchange Commission (SEC) playing a pivotal role in shaping the future of digital assets. Among the ongoing challenges facing the market are the legal battles involving Ripple's XRP, as well as the broader conversation about Exchange-Traded Funds (ETFs) for altcoins like Solana and XRP.

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