While top altcoins like Dogecoin (DOGE) and Ripple (XRP) are popular, the ROI is limited, making them less appealing to savvy investors. In contrast, DTX Exchange (DTX) is set for almost a 100% gain after its debut, scheduled to go live on Tier-1 exchanges in the coming weeks.
Even though the price of Bitcoin has retreated lately from its all-time high of $108K, XRP continues to deliver gains to investors. Analysts believe that the contrasting performance of these two digital assets could be an early indication that the so-called alt-season is getting started.
The native token of the Sui blockchain experienced a significant surge ahead of Christmas Eve despite the overall weakness that the crypto market has displayed as investors believe that this network could easily compete and beat Solana at its own game. On December 23, the $SUI token experienced a 9% increase that pushed to $4.
Solana (SOL), also dubbed the "Ethereum killer," appears to be nearing its limit in the ongoing bullish cycle. Within the past seven days, the sixth asset by market capitalization, worth about $95.25 billion, has struggled to stay above the $200 support level.
Q4 2024 marked the start of a new crypto bull market cycle, with most projects rallying to impressive gains. However, some cryptocurrencies outperformed others, led by strong momentum and favorable narratives, which could happen again in Q1 2025.
XRP's recent rally has come to a halt after achieving highs near $3, leaving the market wondering what happens next. Amid the current uncertainty on the crypto market, XRP appears to be consolidating, particularly in its Bitcoin trading pair.
The market is neither bullish nor bearish on Christmas, according to CoinMarketCap.
The orders imbalance could see Hedera bounce between key short-term levels and hunt liquidity pockets instead of trending northward at a steady pace.
The ongoing bull cycle has seen XRP take center stage, rising above competitors like Solana and Binance coin to become the fourth-highest-ranked crypto. The 350% surge has reignited interest in the once SEC-doomed coin, with the price reaching a six-year high of $2.74 before consolidating around $2.40.
XRP price is currently the fourth largest cryptocurrency by market cap, with a valuation of $130 billion. Despite its strong position, XRP has faced a 10.4% decline over the past seven days, reflecting a period of consolidation following its historic rally in November and December.
XRP price has recorded a slight decline today, following its massive rally over the past few months. Notably, the crypto has crossed the brief $2 mark for the first time since 2018 recently, with recent market trends indicating a further rally ahead.
The XRP Ledger (XRPL) has achieved a significant milestone, surpassing 93 million ledgers successfully closed. This milestone highlights the XRP Ledger network's resilience, efficiency and expanding use over the years.
On-chain data shows an XRP whale has moved a large amount of the asset to Coinbase following a 4% Christmas rally in its price. XRP Is Up More Than 4% On Christmas Day After a period of struggle in cryptocurrencies across the board, Christmas has brought back some bullish winds as Bitcoin and company have made some recovery.
The price of BNB and HBAR gained traction while the general market moved sideways, but the price action is still giving mixed signals over whether or not this is the start of a new uptrend.
Despite Christmas Day and the festive mood it brings, the cryptocurrency market is still active and has participants on their toes as never before. This time around, it was the turn of XRP enthusiasts to pay attention, as Whale Alert reported a mysterious large-scale transfer of the tokens to leading U.S. cryptocurrency exchange Coinbase.
Ripple's stablecoin, RLUSD, has seen significant activity in the last 24 hours. According to the Ripple stablecoin tracker, an X account tracking the minting, redemption and transfer of Ripple's RLUSD, a total of 3,000,000 RLUSD were transferred from one unknown wallet to another.
Solana has staged an impressive recovery, surging over 14% from its recent local lows, showcasing resilience after a period of correction. This renewed momentum has reignited investor optimism, positioning Solana as a standout in the crypto market.
Bitcoin recently surged close to $100K, undergoing over 6% rise ahead of Christmas. This move circulated bullish waves across the markets as most of the altcoins surged back within a bullish pattern.
The cryptocurrency market is buzzing with activity as Solana (SOL) teases a potential breakout, and memecoins like Dogwifhat (WIF) aim for recovery. Amidst this excitement, a new player, DTX Exchange (DTX), is set to redefine trading by offering a unified platform for managing diverse assets. Let's explore these developing trends from a closer lens.
Bitcoin and Ethereum form bullish patterns after the short correction, while XRP remains in a favourable price trend, awaiting its next breakout.
The scheme used fake copyright infringement notices to trick users into visiting phishing websites and resetting their 2FA or passwords.
Ripple RLUSD stablecoin is now available on Independent Reserve in Singapore. Users can trade RLUSD against SGD and USD on the platform.
As Bitcoin (BTC) continues to dominate headlines with its record-breaking surge, up 46% since November's election and 133% year-to-date, attention is shifting to altcoins that offer high potential at a lower price point.
On Dec. 4, Bitcoin (BTC 4.63%) crossed the $100,000 price level for the first time. That highlighted a post-election rally that saw Bitcoin soar by more than 40% within a remarkably short period of time.
Cryptocurrency investors are having a great year in 2024. The total value of all coins and tokens across the industry currently stands at $3.5 trillion, more than doubling from where it ended in 2023.
The long-running SEC v Ripple case is in focus again as crypto-friendly Paul Atkins prepares to take over SEC Chairman responsibilities from outgoing Gary Gensler. Moreover, the January 15 deadline for the US SEC to file an opening brief in the XRP lawsuit in the 2nd Circuit Court of Appeals is approaching.
As it turns out, Solana (SOL), probably the third most popular blockchain right now and definitely the second most popular alternative cryptocurrency on the market, just hit a new all-time high in daily transactions.
XRP consolidates near $2.30, forming a bullish pennant that indicates potential upward momentum.
2024 is officially the year of degens. CoinGecko traffic analysis revealed that meme coins captured 31% of investor interest.
Continues our analysis of the crypto world, in particular the assets we will analyze today are: XRP, IOTA, and XLM. Market statistics of the crypto XRP, IOTA, and XLM XRP, currently traded at 2.17 USD, ranks as the fourth most popular cryptocurrency, with a market capitalization of 124.7 billion dollars.
XRP, the native cryptocurrency of the Ripple network, has been experiencing rapid wallet growth in recent months, outpacing major players like Bitcoin and Ethereum. Data from on-chain analytics firm Santiment reveals a significant rise in the “Total Amount of Holders” for XRP, marking a notable trend in its adoption.
Solana remained stable above the $175 level. SOL price is now recovering losses and facing hurdles near the $200 and $205 levels.
XRP price corrected some losses and climbed above the $2.25 zone. The price is now struggling to clear the $2.350 resistance zone.
Crypto influencer Ben Armstrong, also known as BitBoy, recently shared his bold perspective that XRP could surpass Bitcoin in terms of market dominance in the upcoming bull cycle. While he doesn't foresee XRP overtaking Bitcoin's market capitalization in the immediate future, Armstrong strongly believes that XRP will challenge Bitcoin's dominance and possibly outperform it during this rally.
XRP Market Awaits SEC Decision: The SEC's next move could drive XRP toward $1.50 or its all-time high. Explore the legal and market implications.
The on-chain data by Santiment reveals that whales bought 40 million XRP in the last 24 hours after a week of price consolidation.
The XRP chart shows a descending flag pattern, indicating that the asset has entered a critical phase. A possible decline is frequently indicated by this bearish continuation pattern.
HBAR, the native token powering the Hedera Hashgraph distributed ledger, has seen an 11% price surge in the past 24 hours. This price rally comes amidst a noticeable rise in demand for the token in the past few days.
Solana (SOL) reached a new daily transaction record, handling 72M transfers, despite a 37% transaction failure rate. Solana gets a boost from meme token activity and the spike of Pengu (PENGU) trading.
On Dec. 10, 2024, the New York Department of Financial Services approved Ripple's new stablecoin, RLUSD, on the XRP Ledger and Ethereum blockchains.
Solana on-chain activity reached a new all-time high, coinciding with a 30% surge in Pudgy Penguins token Pengu.
XRP is currently trading at $2.34, up over 7% on the Christmas eve. Analysts predict that XRP could be eyeing a rally to its yearly high of $2.91 after its recent gains.
Hedera (HBAR) has emerged as a standout player in the cryptocurrency market, with growing attention focused on its technical setup and bullish prospects. Currently trading at $0.2715, a 4.98% increase at press time, HBAR's price action is signaling the potential for a major breakout.
TL;DR Hedera Hashgraph (HBAR) surged 21% from its weekly low, reaching $0.324, driven by the crypto market's Christmas rally. Optimism grows with the potential approval of an HBAR ETF by the SEC, as it is not classified as a security, unlike Solana or Ripple. Technically, HBAR shows bullish patterns and is expected to reach $0.
XRP has been range-bound in recent days, consolidating after successfully holding strong above the critical $2.10 support level. As one of the standout performers this cycle, XRP experienced a massive surge following the US election, capturing investor attention.
The XRP price is currently enjoying a nice recovery, having pumped over 7% on Christmas Eve. Based on several analyses, XRP could be eyeing a rally to its yearly high of $2.91.
In a latest X post, Ripple CTO David Schwartz has shared crucial insights into the nature of staking in the crypto market. These comments come at a time when there is a debate going on over whether crypto staking should be considered taxable.