Crypto jitters: Warren vs. Deaton showdown and US presidential election fuel XRP, BTC price volatility.
The Pipeline Flow Model, a unique market valuation approach, suggests that XRP's fair market value could reach as high as $3,541. This valuation is supported by several industry experts and XRP advocates who believe the cryptocurrency is currently trading well below its intrinsic worth.
XRP has been stuck in a downward trend since the end of October and is finding it difficult to pick up steam. The chart displays a distinct downward trendline that has served as a barrier that XRP has been unable to overcome.
The cryptocurrency market enters a new phase, analyst Steph has shared an optimistic outlook for XRP, highlighting its potential for significant price movement. Despite the current bull season lasting over a year, XRP has remained stagnant within a narrow price range.
The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs.
The Cardano (ADA) community rallied to support Charles Hoskinson, the blockchain's founder, following sharp criticisms on X (formerly Twitter). The debate began on Saturday when a user by the handle “Dclay” posted asking for Hoskinson's involvement in the project.
A gigantic XRP whale has emerged following a substantial transfer of 104 million XRP, valued at around $56 million. This transaction, highlighted by blockchain tracking tool Whale Alert, saw 104,035,551 XRP moved from an unidentified wallet to a newly created one.
XRP opened the week on a positive note, trading at $0.51 with a modest 1.68% gain in the last 24 hours, according to CoinMarketCap data.
The Cardano (ADA) community has rallied to defend the network's founder, Charles Hoskinson, following an online dispute ignited by harsh criticisms.
Trolling drives Cardano's Hoskinson to reconsider his social media use as he seeks a healthier way to engage with the ecosystem.
Can a memecoin endorsement really shake the foundations of Cardano?
As the crypto market potentially prepares for a new bull run, investors are closely examining projects that offer exceptional performance as well as solid and innovative use cases. In this volatile universe, cryptocurrencies like Solana (SOL), Cardano (ADA), and XRP could stand out, as they combine speed, scalability, and adoption in the financial sector.
Cardano (ADA) price, a proof-of-stake blockchain platform, has seen notable price swings over the past day following a market correction. The altcoin trades have heightened volatility, with cryptos reflecting the recent ups and downs.
Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC's consolidation?
John Deaton, Managing Partner at Deaton Law Firm and a candidate for the Massachusetts Senate, recently shared his thoughts on SEC Chair Gary Gensler's comments about cryptocurrency regulation. In a previous interview, Gensler had stated that enforcement actions against crypto leaders, including Sam Bankman-Fried, are necessary to build trust in the sector and protect investors.
TL;DR Charles Hoskinson, founder of Cardano, revealed details about his personal investment in the development of the blockchain, emphasizing his commitment to the project. Charles addressed the demands for transparency within the Cardano ecosystem and discussed the financial sacrifices he has made for the community.
Buyers are back in the game at the beginning of the week, according to CoinStats.
Today, the price of XRP rose more than 1.3%, once again trading above the 50-cent-per-token mark, which is considered an important psychological and analytical level. Interestingly, the rise in the price of the popular cryptocurrency, which ranks seventh in capitalization, was preceded by a bullish divergence in the RSI indicator.
Ripple's XRP has maintained a downward trend since early October. This decline began after the US Securities and Exchange Commission (SEC) announced it would appeal a federal judge's ruling in its case against the payments service provider.
The cryptocurrency market is reacting to the upcoming US Presidential election after more than $288M was liquidated within 24 hours per Coinglass. Out of these liquidations, $142M were long, while $86M were short.
XRP, the seventh largest cryptocurrency by market cap, has seen an increase in trading volumes, skyrocketing by 54% as the cryptocurrency market aims to recover after a $225 million sell-off.
The cryptocurrency market is experiencing a wave of uncertainty, and Cardano (ADA) is feeling the impact. Currently priced at approximately $0.33, ADA has seen a decline of 4.8%, which mirrors the downward trend observed in other cryptocurrencies, including Bitcoin, which has recently dipped below $68,000.
John Deaton, Managing Partner at Deaton Law Firm and a Senate candidate for Massachusetts, has been a vocal critic of the U.S. Securities and Exchange Commission (SEC).
Cardano Founder Charles Hoskinson has addressed calls for transparency within the blockchain's ecosystem. In a short video excerpt shared by Plutus Staking on X, Hoskinson clarified for users the sacrifices he has made for the community.
October saw a bullish surge in the crypto market, but the final week left investors disappointed as altcoins faced significant drawdowns. With November now underway, investors are eager to know if this trend will continue.
XRP has struggled to move toward the $1 mark for years, with the token predominantly consolidating below $0.60. The asset has generally failed to keep up with peers such as Bitcoin (BTC).
In a surprise ‘ask me anything' (AMA) stream on YouTube on November 2, the Cardano (ADA) and Ethereum (ETH) co-founder Charles Hoskinson discussed the potentially ‘revolutionary' prospect of integrating ADA with Bitcoin (BTC).
The XRP price has risen by 0.5% in the past 24 hours, with its move to $0.5068 coming after Ripple announced a new oracle integration for XRP Ledger. The post XRP Ledger's New Feature Could Send XRP Price Soaring – How High Can It Go? appeared first on Cryptonews.
Cardano (ADA) is currently navigating a challenging market landscape, having faced significant pressure from bearish sentiment in the past week. As investors assess the situation, there are emerging indicators suggesting that a breakout could be on the horizon, potentially leading to substantial gains for ADA.
As cryptocurrency markets are losing steam after the bullish completion of "Uptober," some veteran cryptocurrencies are performing surprisingly well. By contrast, popular new meme coins like Popcat (POPCAT) are in red.
Cardano (ADA) has once more dropped below the crucial $0.3389 support level, sparking fears of an extended bearish phase. This level has previously held strong as a line of defense for ADA, but its recent breach suggests that sellers may be gaining the upper hand.
Crypto analyst known as “StephIsCrypto” has made a bold prediction regarding the future of XRP, suggesting that the cryptocurrency may be on the verge of a significant price surge. This optimism is rooted in the rising global liquidity and specific technical indicators that signal a potential breakout for XRP.
The cryptocurrency market has experienced a significant correction over the past few days as the uncertainty in the U.S. Presidential elections increases. Moreover, top projects are once again hovering close to their important levels.
Solana, Shiba Inu, and XRP are at key levels. Will they break out or face more selling pressure?
The cryptocurrency market is holding its breath: Ripple has just announced a sale of 470 million XRP, its largest liquidation in seven years. And to say the least, this decision has sent shivers through the crypto community.
XRP, the cryptocurrency associated with Ripple, is enjoying a bullish turn in the market after registering a significant technical signal. Following recent fluctuations, XRP has managed to bounce back and reclaim the critical $0.50 level, reflecting a promising trend as it moves in tandem with Bitcoin, which is approaching the $70,000 mark.
The ongoing legal conflict between Ripple Labs and the US Securities and Exchange Commission (SEC) continues to spark debate, with a $125 million fine levied against Ripple over alleged unregistered securities sales.
A few analysts say Ripple's XRP is preparing for an explosive price action. Steph, an analyst under the “StephIsCrypto” username, offers a bold, positive outlook for XRP, saying that a significant price rally is in the pipeline thanks to increased global liquidity.
The XRP Ledger (XRPL) is on the brink of a major governance transformation with the official confirmation of a Decentralized Autonomous Organization (DAO). This shift is poised to decentralize decision-making processes and significantly enhance community participation, marking a pivotal evolution in the ecosystem's governance framework.
The price of Cardano (ADA) fell below the moving average lines on October 25. The cryptocurrency fell to a low of $0.31 and continued its sideways trend.
According to the latest news from the crypto world, 21Shares has just asked the SEC to give the green light to spot ETFs on XRP.
According to on-chain data, a massive 104 million XRP transaction has birthed a new XRP whale, which refers to large holders of a specific cryptocurrency.
Cardano price action has been lackluster over the past few weeks. It has moved within a range, facing resistance at $0.40 and finding support at $0.31.
As the crypto market enters a new phase, influential crypto analyst Steph is making waves with his bold prediction for XRP. Despite an ongoing bull season, XRP has remained relatively stagnant, prompting Steph to project a significant price rally within the last weeks of 2024 and into 2025, driven by increased global liquidity.
The legal battle between Ripple and the SEC has been intensifying lately. Ripple has filed a Form C to appeal parts of Judge Torres's ruling that labeled certain XRP sales as unregistered securities offerings, resulting in a $125 million penalty.
Bitcoin (BTC) briefly fell below $68,000, plunging to a low of $67,574 on Sunday as buyers struggled to hold on to $68,000 following the emergence of mixed signals. The drop marks a significant pullback from above $73,500, with recent daily candles representing considerable selling pressure, indicating a bearish outlook.
XRP shows market momentum as Ripple reduces its escrow holdings below 39% while multiple firms file for ETF applications, though price remains stable around $0.50.