Cryptocurrency analysts often make bold predictions, but few are as ambitious as the recent forecast by market expert Moonshilla. According to his latest analysis, Ripple's native token, XRP, could experience a dramatic rise in value, potentially reaching the $100 mark.
The XRP price is trading at $0.52, showing an intraday gain of 0.9%. This resilience amid the broader market correction may be attributed to Ripple's recent developments to enhance programmability on the XRP Ledger (XRPL), expanding smart contract capabilities.
The cryptocurrency market has been under intense bearish pressure in recent weeks, with several large-cap assets including Bitcoin (BTC) and Ethereum (ETH) struggling to put in a positive shift. The past week was particularly drab for the two largest cryptocurrencies, as they posted double-digit losses in the last seven-day period.
Solana (SOL), one of the leading cryptocurrencies by market capitalization, is witnessing a noteworthy rebound. After facing a challenging end to August, the asset has shown signs of recovery, with analysts forecasting a remarkable 62% price increase ahead of the highly anticipated Breakpoint event.
Eighty-eight business leaders, including Ripple co-founder Chris Larsen, have endorsed Vice President Kamala Harris for president, in a new letter shared by CNBC on Friday. Some crypto investors are puzzled by Larsen's move, given the Biden administration's stringent regulatory stance on cryptocurrency and its ongoing lawsuit against Ripple. The U.S.
In a recent court filing with the U.S. District Court for the Southern District of New York, Ripple Labs has asked for a stay on the payment of $125 million to the SEC. The company's legal team proposed that the payment be postponed until 30 days after the end of the appeal period or until a potential appeal is resolved.
Ethereum (ETH) experienced a slight downturn on Wednesday, in tandem with a broader cryptocurrency market decline led by Bitcoin (BTC), which fell 7.59% over the past 24 hours to trade at $54,354 at the time of writing.
TLDR Price forecasts suggest a Solana climb above $180 before the month's end. BNB targets $1,000 by Q4. IntelMarkets, the latest investor favorite, is tipped for a 5,000% gain after its launch. While often undesired, market dips provide the best entries.
Monochrome launched a new Spot Ethereum ETF in Australia, while VanEck shut down its Futures-based ETH ETF.
American investment company WisdomTree has requested to withdraw its Ethereum Trust registration statement three years after submission to the US Securities and Exchange Commission (SEC). This development comes a few hours after fellow asset manager VanEck closed down its Ethereum futures ETF citing a lack of demand.
In a notable development for the XRP community, Ripple has officially requested “a pause” on paying the $125 million settlement to the U.S. Securities and Exchange Commission (SEC) as directed by a court on August 7, 2024. This comes even as the legal battle with the agency continues to unfold.
Ripple's XRP, once a shining star in the crypto world, is now caught in the crossfire of Bitcoin's recent plunge.
Solana (SOL) is currently trading around $127, a critical level that could either support a recovery or lead to further declines. Throughout the year, this price point has frequently served as an important support for the altcoin.
Coinbase added the new native asset of an Ethereum (ETH) layer-2 scaling protocol to its listing roadmap on Friday, putting the token on the potential path to trading on the top US crypto exchange. Zksync (ZK), the newest addition to the listing roadmap, bills itself as “an ever-expanding verifiable blockchain network, secured by math.
XRP is holding above a key support level despite significant selling pressure and fear in the crypto market. After experiencing a 20% retrace since August 24, the price remains stable above the $0.50 mark, sparking hope among investors and analysts.
The total assets held by Bitcoin funds has fallen to a multi-month low, while Ethereum ETFs log their lowest asset levels yet seen.
ETH's price action has underwhelmed lately. What are institutions upto now?
Bulls have failed to seize the initiative on the first day of the weekend, according to CoinStats.
Ripple Labs, the company behind XRP, has been embroiled in a legal battle with the SEC since late 2020. The SEC alleged that Ripple conducted an unregistered securities offering through the sale of XRP, which has led to significant uncertainty and volatility for XRP holders.
The price of Ethereum (ETH) has broken through the current support level of $2,300, continuing its range-bound movement.
The first atomic SVM chain on Solana, Sonic SVM, has announced the launch of Hyperfuse Nodes, marking the first node sale in the Solana ecosystem. The sale offers participants access to Sonic's Solana Virtual Machine (SVM) technology and a potential opportunity to earn tokens.
Alongside many other altcoins, ETH's price continues to struggle, and its future now hinges on some critical support levels. If these key levels fail to hold, ETH could face a prolonged bearish period.
An inverse-head-and-shoulder pattern is developing on the XRP weekly chart, awaiting a breakout toward $1.
Network activity on the Bitcoin (BTC) blockchain seems to have stalled while it is dwindling on Ethereum (ETH), a report by Citi says. Network Activity Lukewarm On Bitcoin And Ethereum One of the key metrics used to ascertain user interest in a blockchain project is the measurement of its network activity.
Ethereum has been notably bearish, marked by a sharp decline following a pullback to the lower boundary of a broken wedge, coupled with the formation of a death cross. Despite this, the price is nearing a crucial support level that could lead to a short-term sideways consolidation.
As the ongoing debate over XRP's potential breakout from its prolonged consolidation heats up, a prominent crypto pundit has offered a surprising perspective.
The rollercoaster ride for Ripple's XRP continues as the token hits a new low, following a massive $330 million liquidation by its holders. This major sell-off has sent shockwaves through the community, causing a sharp drop in XRP's value as it teeters on a critical support level.
Ripple (XRP), a heavyweight in the crypto industry, continues to face uncertainty as it navigates the murky waters of its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).
A widely followed cryptocurrency analyst and trader is leaning bearish on Bitcoin (BTC) while offering his opinion on two altcoins. Starting with Bitcoin, the analyst pseudonymously known as Sherpa tells his 222,600 followers on the social media platform X that Bitcoin is headed to a price of $45,000, around 20% below the current level.
Institutional investors are becoming more cautious yet opportunistic as they navigate the crypto markets, with Ripple's XRP and a fast-growing meme coin, Mpeppe (MPEPE), catching their attention. While XRP has faced turbulence in recent months, Mpeppe has been building momentum in its presale stages.
Bitcoin ETFs have recorded their smallest outflow in a six-day streak, while Ethereum ETFs continue to experience significant withdrawals. The latest data from Farside Investors reveals critical insights into the current trends affecting these digital asset funds.
ETH was slightly up YTD and 46% for the trailing 12-months Thursday. But it has some big prospects ahead when alt season kicks in on this Bitcoin super cycle.
XRP price has shown incredible resilience in the past few days, but the recent Bitcoin crash has knocked Ripple down. As a result, $3.58 million Ripple longs faced liquidations on September 6.
Solana (SOL), the fifth largest cryptocurrency by market capitalization, may be on the verge of a significant price correction, according to a recent market prediction. Ali Martinez, a crypto analyst, has highlighted a potential bearish scenario for SOL, which could trigger a substantial drop to as low as $90.
Ethereum (ETH) is facing significant selling pressure from whales and institutions, signaling a potential major price drop. On September 7, 2024, the overall cryptocurrency market experienced a notable price decline including Bitcoin (BTC) and Ethereum (ETH) resulting in continuous sell-offs by whales and institutions.
Solana (SOL) has recently captured the attention of crypto traders as a significant buy signal has emerged, signaling a potential price rebound. After enduring a challenging phase in the broader cryptocurrency market, where many coins struggled to find upward momentum, Solana is showing signs of a comeback.
Here's what could boost XRP's valuation to $1.
Despite recent updates and developments, time hasn't been kind to ETH's performance.
Chris Larsen, co-founder and executive chairman of Ripple, has joined a group of influential figures endorsing Vice President Kamala Harris for the presidency.
On Friday, the Bitcoin price breakdown below $55000 sparked concern about an extended correction in September. While the bearish momentum may shake out speculative traders, smart money may capitalize on this opportunity to accumulate top altcoins like XRP and Solana.
Despite the Chewy token's near 30% rally, Gill's cryptic post seems to suggest that he is dropping the Chewy company, not endorsing it.
Investment management firm VanEck announced plans to close its Ethereum futures ETF after a thorough evaluation. The Board of Trustees at VanEck ETF Trust made the decision on Thursday.
Solana, JasmyCoin, and other altcoins continued their strong sell-off this week as the crypto fear and greed index fell. Solana and Jasmy are in a bear market JasmyCoin (JASMY) dropped to a low of $0.
While Ethereum developers are working hard to develop on-chain scaling solutions, including Sharding, layer-2s is picking up steam. According to L2Beat, as of September 6, all these layer-2 scaling solutions managed nearly $34 billion.
Ethereum's weekly chart against Bitcoin showed that the downtrend has been in play since early 2023.
Ripple's CEO, Brad Garlinghouse, has provided new insights for the XRP community, offering a mix of both optimism and caution. In a recent interview, he shared promising developments around the launch of Ripple's RLUSD stablecoin, as well as regulatory hurdles the company continues to face, particularly in the United States.
Australian asset manager Monochrome Asset Management is optimistic about the prospects of its new spot, the Ether exchange-traded fund (ETF), and the first in the country to hold Ether directly.
Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One major concern for investors is the ongoing underperformance of ETH compared to Bitcoin, a trend that has persisted since September 2022.