Shibarium, the layer-2 blockchain of the Shiba Inu ecosystem, has seen a staggering increase in transaction fees over the past 24 hours as, according to data from Shibariumscan, the total number of BONE spent on gas fees has jumped from 15.67 to 317 tokens, a staggering 2,024% increase.
Shiba Inu (SHIB) made waves in the crypto market, earning the title of Millionaire-Maker in 2021. However, its recent struggles have left investors looking for alternatives. In 2024, experts suggest that three cryptocurrencies—Rexas Finance (RXS), Ripple (XRP), and Chainlink (LINK)—could offer more promising millionaire-making potential.
Vet, the cofounder of xrpcafe and an XRPL dUNL validator, shared in a recent X post Ripple CTO David Schwartz's perspective on the introduction of smart contracts on the XRP Ledger (XRPL).
Grayscale's XRP Trust achieves 11.44% NAV growth amid rising institutional interest.
A Ripple-associated wallet has recently moved 100 million XRP as it transferred 19.7 million tokens to the Bitso exchange. This transaction valued at around $57.9 million was noticed by tracking platform Whale Alert. The transfer coinciding with Ripple's ongoing regulatory challenges has ignited concerns among the community. After the initial transfer of the wallet, rhWt..
In recent months, investor confidence and market traction for Shiba Inu have significantly declined. Even though the asset has transacted over 604 billion SHIB in the past day, its trading volume is still below $1 trillion, underscoring its difficulty in staying on the market.
Investors are always in a hurry to discover unnoticeable yet profitable altcoins in the ever-changing world of cryptocurrencies. Coins such as Cardano (ADA) and Polygon (MATIC) frequently capture headlines. However, according to experts, a new player, Rexas Finance (RXS), is on the verge of making news in the crypto marketplace.
A recent conversation within the XRP community has ignited new speculation about the token's potential future price. The discussion was a bold prediction from Crypto Tank, a prominent cryptocurrency analyst, who suggested that XRP could hit an astounding $100 if it captures just 10% of the daily transaction volume processed by SWIFT, the Society for Worldwide Interbank Financial Telecommunication.
TL;DR Cardano Launches Kinka Gold: Cardano, in collaboration with EMURGO and Kinka Gold, has introduced a gold-backed token called XNK, aiming to bridge traditional assets and digital currencies.
Cardano (ADA) has seen a 5% increase in price over the past 24 hours. This reflects the general cryptocurrency market's positive trajectory since the US Federal Reserve cut interest rates on Wednesday.
Shiba Inu has caught the market's attention once again with a nearly 6% price rebound, signaling renewed bullish momentum for the popular meme coin. After a period of consolidation, this jump has raised speculation that the bulls might be returning to drive the price higher.
Chinese authorities' recent actions to define crypto as a money laundering tool could influence the performance of its billion-dollar gaming industry. SCMP's Hugh Harsono argues that these measures may affect games like Metacene, which has introduced cryptocurrencies as in-game currency.
Cardano founder Charles Hoskinson is set to meet with Argentina's President Javier Milei in October to discuss the role of cryptocurrency in shaping the country's economy.
Meme coin leaders Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have rallied 4.5% and 8% after the announcement of a 50-basis points rate cut in interest rates. What Happened: Interest rate cuts have prompted crypto traders to predict bullish momentum for the cryptocurrency markets.
XRP News: Ripple-partner SBI Holdings has confirmed participation in Project Agora, a joint initiative led by the Bank for International Settlements (BIS) and seven central banks. XRP community reacted to the development due to speculation of potential integration or alignment for the cross-border payments over a unified ledger initiative.
On Wednesday, the Fed announced its decision to lower interest rates by an aggressive 50 basis points, or half a percentage point, its first cut since March 2020, marking a shift in its monetary policy approach.
XRP price has been trading within an ascending triangle pattern, a technical setup that suggests a significant breakout is on the horizon. This pattern could send the altcoin's price up by as much as 28.9%.
XRP's price could skyrocket to $5 if Ripple captures 50% of the global remittance market, a scenario now within sight. The XRP price action shows a bullish continuation pattern, indicating a potential 40% breakout in the near term.
PEPE price reclaimed the $0.00008 level on Sept 19, up 7% in 24-hours, amid rising market liquidity triggered by the US Fed Rate Cut announced on Wednesday.
Cardano shows mixed signals on the technical indicators, not to mention the on-chain data. Despite bullish trends in the metrics, ADA has been unable to gain significant price momentum.
A wave of speculation swept through the cryptocurrency community, ignited by a provocative post on social media that hinted at XRP potentially hitting $1,000. While this bold claim generated excitement among investors, a leading crypto analyst has stepped in to dispel the hype, calling the prediction unrealistic and unsustainable.
The crypto market update for September 19, 2024 Asian trading hours sees Bitcoin break above $62,000. BTC price rose as traders cheered the US Federal Reserve's 0.5% interest rate cut – the first one since 2020. Most altcoins also traded higher, with Ethereum gaining to above $2,450.
After a brief period of broader market volatility, the bulls are back in action, with Shiba Inu (SHIB) in the spotlight after the U.S. Federal Reserve interest rate cut. The Fed shocked the global market on Wednesday when it unveiled a 50 basis point interest rate cut, the first time in four years.
In 2024, the Cardano (ADA) ecosystem has seen remarkable growth in its smart contract capabilities, with Plutus V2 contracts taking center stage.
A wallet linked to Ripple recently moved 100 million XRP, transferring 19.7 million tokens to the Bitso exchange. This significant transaction, valued at approximately $57.92 million, was highlighted by Whale Alert, a leading crypto tracking service.
The new entry marks a significant milestone for the decentralized future.
Crypto analyst Levi Rietveld recently shared an exciting strategy for XRP investors, offering insights on how a $1,000 investment could evolve into $1 million. While his prediction relies on XRP's growth over the next few years, Rietveld also introduces advanced strategies to enhance returns significantly. XRP is currently priced at $0.
The XRP price action depicts a beautiful bullish continuation pattern on the daily chart that promises a 40% breakout if market conditions remain favorable. On September 18, the Federal Open Market Committee (FOMC) announced a 50 basis point cut on the interest rate, and XRP surged by 5%.
Following a prolonged period of correction and consolidation, Shiba Inu (SHIB) may be set for a bullish breakout. This development comes after the Federal Reserve interest rate cut, which has driven crypto prices up.
In a meeting planned with Argentina president Javier Milei, Charles Hoskinson wants to discuss how blockchain can rewrite global economic and political systems.
A serious warning has been issued to the Shiba Inu and Bitcoin communities as clipper malware, known for altering crypto wallet addresses, has resurfaced. This dangerous software threatens to redirect funds to attackers wallets, putting users at significant financial risk.
Shiba Inu (SHIB) experienced a 129% surge in large transactions, with $33 million in SHIB moved by whale holders. This comes amid growing anticipation for Shibariums upcoming liquid staking platform, which is expected to drive further engagement and SHIB burns.
As a technology provider, behind XNK there is Emurgo.
XRP whales activity surges, sparking bullish momentum and social buzz.
The Shiba Inu coin could see a breakout very soon. Recent developments in the Shib ecosystem are growing the bullish sentiments. Just last week, the Shibarium received a major Bor upgrade and Cancun hard fork to boost performance, security and scalability. Adding to these developments, Shiba inu launched the K9 mainnet just 12 hours ago.
Cardano price has picked up speed lately and has formed a bullish reversal pattern that could result in higher prices in the long run. Most of the gains are being attributed to renewed whale activity on the network.
XRP price is again moving higher above $0.580. The price could gain bullish momentum if it clears the $0.5920 and $0.600 resistance levels.
A recent discussion within the XRP community has reignited speculation surrounding the token's future price trajectory. The catalyst for this discussion was a bold prediction made by Crypto Tank, a prominent crypto analyst.
Ripple's Chief Legal Officer, Stuart Alderoty, outlined the company's ambitious strategy to expand its offerings within the rapidly evolving cryptocurrency market. While cross-border payments have always been the cornerstone of Ripple's operations, Alderoty emphasized that the company is now fully committing to three key pillars: cross-border payments, custody services, and stablecoins.
SEC Chair Gensler reaffirms aggressive stance on crypto regulation, adding uncertainty to XRP price trends as appeal deadline looms.
As it approaches the apex of a symmetrical triangle pattern, XRP is getting closer to a pivotal moment in its price movement. This pattern frequently signals substantial volatility, and XRP might be preparing for a significant move higher.
Cardano's Long/Short ratio, Futures Open Interest, and OI-Weighted Funding Rate are flashing bullish signals.
The 7.8 million SHIB burn strategy could boost the memecoin if a key condition is met.
It appears that XRP whales are frustrated due to the current bearish market sentiment. Today on September 19, 2024, the blockchain transaction tracker Whale Alert made a post on X (Previously Twitter) that an XRP whale has dumped a significant 18.03 million tokens, worth $10.39 million to the Bitstamp cryptocurrency exchange.
Whale activity hints at major growth for SHIB, supported by rising volume and accumulation trends.
Cardano (ADA) has made headlines by decisively winning a recent poll conducted by Weiss Crypto, a respected ratings agency in the cryptocurrency sector. The survey, which garnered over 7,000 votes, revealed that a staggering 76% of respondents believe Cardano boasts the best technology among altcoins.
Ripple's XRP is facing a challenging period as it struggles to recover from a significant market slump.
Shiba Inu (SHIB) had surged slightly by around 0.5% at the time of writing to trade at $0.0000133. The price upsurge comes amid uncertainty across the broader cryptocurrency market.