Solana has finally broken through a crucial resistance level that has kept the price subdued for months, sparking fresh optimism among investors. However, the breakout has yet to be confirmed, leaving room for excitement and caution.
Ripple-promoted cryptocurrency XRP has performed noticeably poorly when compared to other top 10 cryptocurrencies. The price of XRP has dramatically lagged this year, failing to revisit its peak value set in January 2018, while other cryptocurrencies like Bitcoin rallied double-digits to new historic highs this week.
In the latest X post, veteran trader Peter Brandt shared a trader's perspective on Solana and Ethereum. He noted that both are poised for upside breakouts to join Bitcoin; however, he specifically pointed out Solana and urged the users to notice SOL breaking out into new highs. $ETHUSD vs.
In the wake of Donald Trump's victory in the US presidential election, crypto industry giants like Ripple and Coinbase are anticipating significant regulatory shifts. Trump has expressed a pro-crypto stance and has indicated his intention to replace Securities and Exchange Commission (SEC) Chair Gary Gensler “on day one” of his administration.
The outcome of the 2024 U.S. Presidential Elections is already stirring major concerns and expectations in the world of cryptocurrencies, especially for assets like XRP. The political atmosphere surrounding the elections could create significant volatility in the market, driving fluctuations in cryptocurrency prices, particularly for altcoins.
Kraken's legal team, led by attorney Michael O'Connor, has criticized the US Securities and Exchange Commission (SEC) for its latest attempt to dismiss critical defenses raised by the exchange in their ongoing legal battle. On Nov.
The price of popular cryptocurrency XRP saw an unusual spike today, as its quotes jumped from $0.5527 to $0.578 in just over an hour, up 4.71% on the day. As part of this price action, XRP hit its highest level at this point since early October.
The Solana and Ethereum debate has come up a lot in this market cycle, especially with SOL currently outperforming ETH. Veteran trader Peter Brandt has also weighed in on the conversation and provided insights into why SOL is ahead of ETH from a trader's perspective.
XRP, the native cryptocurrency of Ripple, has been gaining significant attention recently due to its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) and its potential for growth. Despite some challenges, XRP has proven to be a resilient asset, maintaining a loyal community of supporters.
Popular meme-inspired cryptocurrency Shiba Inu (SHIB) saw its quotes rise by 17.82%, reaching a multi-month high at $0.0000199. However, as the token approaches the crucial $0.00002 price mark, a major obstacle may be standing in its way.
A relief rally is being witnessed by the entire crypto market this week as Bitcoin led the market by registering a new all-time high as it soared above $76,000 for the first time. Notably, an XRP critic took to X where he has compared XRP's price action to Bitcoin over the last year.
TL;DR Donald Trump's victory in the 2024 election improves the outlook for altcoin ETFs such as Solana, XRP and Litecoin. Trump has expressed support for cryptocurrencies, which has generated optimism on Wall Street that the SEC will approve these funds. Bitcoin price hit a record high following Trump's victory, supported by the president-elect's pro-crypto enthusiasm.
The Bitcoin price has achieved a new ATH during the early Asian market today. This has resulted in the altcoin market experiencing a similar price trend. With fear and greed indicators turning extremely bullish, the crypto space hints at a potential bull market in the coming time.
Dog-themed cryptocurrency Shiba Inu (SHIB) is seeing a surge in whale netflows, skyrocketing by an astonishing 7,429%.
Solana has remained largely flat today, yet analysts are predicting that its recent momentum will be enough to propel it to a new ATH soon. The post Millionaire Trader Predicts Solana Breakout: $420 Target Once SOL Tops $200 appeared first on Cryptonews.
Solana (SOL) has become the fourth-largest cryptocurrency by market capitalization after seeing its price surge by more than 7% over the past week, to now have a total market cap of $88.28 billion, above BNB's $85.6 billion.
As Trump pledges to replace SEC Chair Gary Gensler, blockchain firm Ripple sees a chance for more favorable policies in a reshuffled regulatory landscape.
Following a 10% rally on Wednesday, Pepe (CRYPTO: PEPE) has caught the attention of cryptocurrency traders, who think the frog-themed meme coin is destined for further gains. What Happened: Crypto analyst Bluntz remarked that "frogs are back in fashion" looks like frogs are back in fashion, $pepe downtrend break with volume.
As Bitcoin (BTC) entered the price discovery phase following the historic victory of Donald Trump and other pro-crypto candidates in the US Senate and House of Representatives, the altcoin market – led by Dogecoin (DOGE), Ethereum (ETH), and Solana (SOL) have gained significant bullish momentum.
The price of Solana (SOL) has risen above the $164 barrier twice as the altcoin attempts to break out of its sideways trend.
The recent win of Trump in the US election has surges the growth of crypto tokens. On November 6, SOL touched $188 and displaced BNB coin from its fourth position. It has been moving in an upward channel for quite some time.
XRP price has been subdued by the SEC case since 2020, but Donald Trump's win and ETF approval could be the start of something big.
In the wake of a bullish Trump election win, an influx in trading volume has sent Shiba Inu's token-burning mechanism into overdrive, axing over 53.3 million SHIB and stoking rally hopes. The post Shiba Inu Burn Rate Soars 3,674% in 24 Hours – Is a Massive Rally Next? appeared first on Cryptonews.
With a market capitalization of $88.4 billion, Solana has moved into third place in the ranking of cryptocurrencies, displacing Binance Coin which has an $86.7 billion market capitalization. Will Solana now widen the gap?
Solana, a leading blockchain network, has captured the spotlight in the cryptocurrency market. Following Donald Trump's reelection as the 47th President of the United States, the price of its native token, SOL, surged to $188, marking a six-month high.
XRP price increased by 2.8% in the last following a market wide surge due to Bitcoin hitting $76,000, a new all-time high. Meanwhile, famous crypto influencer BitBoy has suggested that the price of XRP could surge if president-elect Donald Trump fires current SEC Chair Gary Gensler.
XRP, has established itself as one of the most widely recognized digital assets. Known for its focus on cross-border payments, XRP aims to offer low-cost, fast international transfers, a feature that sets it apart from many other cryptocurrencies.
The market structure on the daily chart is still bullish, and the OBV has made higher lows in the past five weeks.
While Bitcoin (BTC) bulls are eyeing a new all-time high, Ethereum (ETH) is poised near $2,800 and Solana (SOL) is above $188. There is also notable attention on top DeFi tokens – including Uniswap (UNI), Aave (AAVE) and Ethena (ENA). Here's a wrap for the crypto market during the Asian hours on Nov.
The crypto aimed at banking is a long way from its all-time high.
With Trump's win, XRP is back on a bullish track, and massive transactions recently caught on-chain. Whale Alert reported two giant transfers involving XRP: one of 100 million XRP valued at over $53 million and another of 470 million XRP worth roughly $250 million.
A recent on-chain transaction showed that 597 billion SHIB tokens worth more than $11 million have been moved from an unidentified whale address.
The entire cryptocurrency market has witnessed positive momentum since the victory of Republican candidate Donald Trump in the 2024 US presidential election against Democratic candidate Kamala Harris. The XRP market has also benefited from this fresh optimism. The market has grown by nearly 10.12% since November 5.
Solana "has an opportunity to move alongside BTC and ETH, cementing itself as a major if it gains ETF approval," an analyst told Decrypt.
Solana's price has broken above $172 and continues to show strength as it approaches the $200 level, supported by positive technical indicators and sustained trading volume.
After Struggling for the last six months bitcoin price has finally hit the ATH and touched the $76,200 mark after Donald Trump's election win. Meanwhile, experts predict that the next few months in the crypto market are about to get wild.
Solana (SOL) price appears poised for a breakout as bullish momentum gains traction, lifting the cryptocurrency to a three-month high. While consistent resistance has tested its upward drive, SOL now signals the potential for further gains, capturing the attention of investors closely tracking its movements.
Bitcoin (BTC) surged to a new all-time high following Donald Trump's resounding victory in the US presidential elections. BTC surged to $76,460 hours following Trump's victory, as the crypto market surged to new highs.
Solana price rally has kicked off, eyes on $200 and a new ATH.
Check out XRP's next potential targets after reclaiming $0.55.
Crypto commentator Ben Armstrong, widely known as BitBoy, has a striking forecast for XRP: he believes its price could skyrocket if President-elect Donald Trump follows through on his campaign promise to remove SEC Chair Gary Gensler.
XRP community member “XRPee” has drawn attention to the future potential of XRP. The commentator speculated that dormant XRP tokens, which have been sitting unused for years, could one day be worth millions of dollars.
Donald Trump's victory in the US Presidential Election 2024 has sparked optimism among broader crypto market participants, as evidenced by the soaring prices of the assets. Amid this, speculations are soaring over potential XRP ETF approval in the US under a Republican administration.
XRP broke above three crucial moving averages (the 50 EMA, 100 EMA and 200 EMA), marking a spectacular comeback. This breakout creates strong support at the $0.50 level, offering a strong basis for future gains.
Leading meme coin Dogecoin saw a 25% intraday surge on Wednesday, briefly overtaking Ripple's XRP in market capitalization. However, this rally has turned out to be short-lived as a wave of selling pressure has washed over the market, erasing the gains and pushing DOGE back below XRP.
According to the prominent blockchain tracking platform Whale Alert, which monitors large cryptocurrency transfers and then shares the details on its X account, less than 20 hours ago, a mind-blowing amount of XRP changed hands. These cumulative XRP transactions amounted to more than half a billion coins.
Solana has recently made waves in the blockchain and NFT space, claiming a dominant 51% share of NFT royalties, overtaking Ethereum in the process. This surge underscores Solana's growing influence and highlights its advantages in speed, cost-efficiency, and scalability.
Shiba Inu price could follow Dogecoin's footsteps and rise by 4X after SHIB whale accumulation skyrocketed by over 7,000% in the past 7 days. Whale accumulation is a signal that large investors are confident in the crypto asset and are anticipating that the price will move up in the future.