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.
Investigations reveal how hackers exploited Metawin Casino Ethereum and Solana hot wallets for $4M.
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 number of monthly active addresses on the Solana (SOL) network has reached 138 million this month, after seeing exponential growth throughout the year amid a wider cryptocurrency market recovery. According to data from Artemis, Solana had around 13.
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.
Can Solana's demand sustain its bullish trend? Whales may have their say.
Solana (SOL) has seen a laudable growth in its transaction volume metric. Per the experienced growth, this metric peaked at around $224 billion in a single day.
Top online poker site CoinPoker is launching the meme Millions Tournament Series on November 17, and as the name implies, there's $1,000,000 worth of prizes up for grabs. Whether you are new to meme coins or have already dabbled in this red-hot crypto sector, there's something in Meme Millions for everyone.
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.
SHIB has whipsawed over the past few days after a delayed golden cross - What's next?
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.
VanEck said the Solana (SOL) network's high user engagement and transaction volume largely reflect its low-cost, high-throughput design despite substantial revenues stemming from speculative memecoin activity. The firm's latest analysis comes in response to speculation that Solana's numbers are inflated by wash trading in memecoins.
The cryptocurrency market is gearing up for a potential bull run amid investors' bullish anticipation for the U.S. presidential election, and Bitcoin is inching closer to All-time-high. Amid the renewed uptrend, prominent crypto analysts have set an ambitious $1,000 target for SOL.
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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.
Solana whale recently sold nearly $44 million worth of SOL tokens, raising questions about the future trajectory of the asset. Despite the selloff, market sentiment towards Solana (SOL) remains surprisingly optimistic, indicating that this could be just the beginning for the cryptocurrency.
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.
Buyers are back in the game at the beginning of the week, according to CoinStats.
The metrics from the broader market regarding the recovery of meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) show an interesting twist. Data from the crypto analytics platform IntoTheBlock shows a significant divergence in the whale activities from SHIB and DOGE.
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.
The rates of most of the coins have come back to the green zone, according to CoinMarketCap.
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.
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).
Shiba Inu's ecosystem has been expanding rapidly in the past year, thanks in part to Shibarium, its layer-2 platform. Interestingly, recent data shows Shibarium has seen an impressive uptick in activity, with daily transactions reaching 4.68 million in the past 24 hours.
The latest crypto high-profile platform to be targeted by the bad guys is Metawin. According to reports, hackers broke into the withdrawal system of the crypto site and stole more than $4 million worth of digital assets.
TL;DR Last week, digital asset investment products saw inflows of US$2.2 billion, bringing the total to US$29.2 billion so far this year. Euphoria surrounding a possible Republican victory in the US elections drove these flows, although small outflows were seen on Friday as polls changed.
This year, 2024, will go down as a very good year for Solana which, on every meaningful metric, has put every other chain in the shade.
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).
Solana has dipped by 0.5% today, yet a new craze for Peanut the Squirrel-themed meme coins could help it recover quickly. The post Solana Meme Coin Craze Explodes After Peanut the Squirrel's Viral Story – Will SOL Price Follow? appeared first on Cryptonews.
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.
Return to our section on prices and news in the crypto world, the assets featured today are: Ripple (XRP), Cardano (ADA), and Toncoin (TON).
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.
Crypto analyst Master Kenobi has provided an update on his FLOKI master plan. The analyst revealed that his initial analysis had been invalidated and mentioned what was next for the Shiba Inu competitor with this development.
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.
Spot On Chain says that Gemini, one of the biggest U.S. cryptocurrency exchanges, recently moved a lot of funds into a new multisignature custody wallet. The wallet, which was created just 18 days ago, has quickly amassed a lot of altcoin holdings, including a major acquisition of 200 billion Shiba Inu (SHIB) tokens valued at around $3.39 million.
Sui has emerged as a noteworthy competitor in 2024, recently eclipsing both Solana (SOL) and Ethereum (ETH) in terms of net inflows. This significant achievement not only highlights Sui's growing influence but also raises questions about the future trajectory of its price amidst current market dynamics.
Recently Shiba Inu has drawn attention due to an intriguing pattern in its on-chain data rather than a sharp price increase. SHIB has demonstrated stability in spite of its somewhat difficult market position, which is marked by low volatility and subdued price activity.
Solana's rapid growth, driven by meme coin trading and user engagement, highlights its competitive edge over Ethereum in user activity and transaction efficiency.
A newly created Gemini multisig custody wallet bets big on four crypto recently, sparking market speculations. The wallet created just 18 days ago, spent more than $113 million to accumulate Ethereum, SHIB, PEPE Coin, and LINK crypto.
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.