In a recent tweet, Shiba Inu lead Shytoshi Kusama addressed claims circulating within the community about individuals allegedly owning billion-dollar SHIB wallets.
According to data shared by the Shibburn tracking platform with public access, the red value of the SHIB burn was suddenly pushed into the greed zone today, with an astonishing rise of almost 15,000%.
Analytics provider Lookonchain highlighted a whale trader who lost money on Dogwifhat (CRYPTO: WIF) but successfully captured profits trading Popcat (CRYPTO: POPCAT). What Happened: The trader initially lost $4.44 million trading WIF twice between April 8 and June 24.
Shiba Inu's lead developer Shytoshi Kusama caused a stir across the broader cryptocurrency market on Monday, ringing alarms against individuals claiming to own billion-dollar Shib wallets. Recently, the lead developer asked market participants to confirm such cases before blindly believing so, raising investor concerns globally.
The price of XRP has picked up again after a seemingly troubled start to the month. The price of the digital currency, per data from CoinMarketCap, is up 2.4% in 24 hours to $0.5397.
Despite the ongoing Ripple vs SEC case and market uncertainty, XRP is witnessing a remarkable 266% surge in buying from institutional investors. Last week, institutional purchases jumped to $1.1 million, up significantly from just $0.3 million the previous week.
The Solana price has jumped by 4% in the past 24 hours, rising to $153.40 as the crypto market enjoys a day of modest 1% growth.
Shiba Inu's (CRYPTO: SHIB) rising burn rates has traders speculating that the meme coin is getting ready for an upcoming price rally. What Happened: Shiba Inu's burn rate has skyrocketed by 14,575.02% since the last burn transaction of 277.6 million coins, according to Shibburn data.
Solana has seen a surge in bullish sentiment and trading volume, driving its price closer to breaking key resistance at $151.
Shiba Inu's price is gaining momentum, climbing over 2% today to reach $0.00001812. This recent price rally has been fueled by growing market confidence, with SHIB's trading volume spiking 31% to $319.74 million. Investors are keeping a close eye on the meme coin, with analysts pointing to several factors behind this upward trend.
XRP is back in the news after CoinShares released its latest weekly report on investments in exchange-traded products focused on digital assets. The report once again put the spotlight on the popular cryptocurrency.
The cryptocurrency market is slightly recovering, with Bitcoin above $64,000 and Ethereum over $2,500. Several Solana Rivals are gaining momentum, potentially offering significant returns.
Amid ongoing regulatory battles and market uncertainty, investors are questioning the future of the XRP price. The SEC's efforts to overturn the non-security ruling have heightened fear, uncertainty, and doubt (FUD), raising concerns about whether XRP could face a catastrophic drop to zero.
XRP has been one of the underperformers in the current crypto market cycle, remaining approximately 86% below its all-time high of $3.84 reached on January 4, 2018. Remarkably, despite significant fluctuations in the meantime, XRP is trading at a price similar to where it was one two years ago in October 2022.
As major financial institutions continue to take an interest in Ripple for its cross-border payment solutions, its token XRP faces a technical barrier that hinders its rise. However, a renewed interest from whales in XRP has been observed in recent days, suggesting bullish long-term expectations.
The movements of whales – entities that are fast-moving in the cryptocurrency market because of their large punctuation – are some of the specific instances to consider in making sense of cryptocurrencies. In particular, Solana (SOL) Whales, have started buying some very promising new altcoin going for less than $0.
As the cryptocurrency defines changing landscapes, one of the inhabitants of the Ripple (XRP) ecosystem, an XRP whale remains bullish on a $6 price target.
In a significant development for the cryptocurrency market, Ripple has minted a staggering 4.5 million RLUSD stablecoins within 24 hours.
XRP saw massive buying by institutional investors as the U.S. Securities and Exchange Commission and Ripple agreed to continue the legal fight in the Second Circuit Court of Appeals. With Ripple's recent SEC lawsuit win in a district court and an upper hand in the circuit court, investors seemed more upbeat about a huge upcoming
With Bitcoin (BTC) making its own breakout, Solana (SOL) has been quick to follow suit. Already closing in on Ethereum as the premier layer 1 blockchain network, the $SOL price is likely to continue sucking value out of $ETH going forward.
Today marks a positive day for most cryptocurrencies, with Solana, Bitcoin, and Ethereum leading the top 10 with impressive surges. But what to expect from each?
The cryptocurrency market has witnessed significant fluctuations and developments over the past few weeks, impacting the prices and sentiments surrounding various assets, including Uniswap (UNI) token, XRP, and FTX's FTT token, XRP. FTX's FTT token navigating a caution market sentiment FTX's FTT token is currently priced at $2.02, reflecting a 3.
The Shiba Inu burn rate has rocketed more than 14570% today, gaining significant attention from investors. Besides, this surge also comes amid a spike in SHIB price today, with recent analysis indicating towards a massive breakout for the meme coin.
Bitcoin (BTC) registered a weekend bounce after briefly dropping below $60,000. The world's largest cryptocurrency has been up by almost 3% over the past 24 hours and is currently trading around the $64,500 mark, with buyers eying the $65,000 price level.
With the Bitcoin price on the verge of achieving the $65,000 mark, the cryptocurrency market has recorded a strong bullish recovery over the past few hours. Moreover, top altcoins are on the verge of breaking their important levels, highlighting increased bullish sentiment.
Solana's price jumped 3% on Monday, marking its fourth straight day of growth. This steady rise shows strong momentum.
The popular meme-inspired cryptocurrency Shiba Inu (SHIB) has an interesting deadline this October, as the price history of SHIB promised an increase of at least 200% up to 283%, but until Oct. 14 we only saw a gain of 2.67%.
According to recent data provided by Whale Alert, a popular service that tracks large cryptocurrency transactions, $10.3 million worth of XRP was recently transferred from an unknown wallet to the Bitstamp exchange.
This donation follows his public support for her back in September. According to CNBC, Larsen has contributed more than $1.9 million to Harris's campaign for president of the United States.
The much awaited political trigger for SOL is around the corner - Which direction will SOL take?
Solana (SOL) has surged past $150, marking the first time since October 1 that it has reached this level, signaling a potential turnaround after a challenging start to the month.
A federal judge ruled last year that the SEC did not prove Ripple violated securities laws by selling XRP to retail customers on exchanges. Recently, the SEC announced it would appeal this decision, and Ripple has filed a cross-appeal in response, adding another layer to the ongoing legal battle.
Ethena proposes adding Solana and liquid staked SOL variants as reserve assets for its USDe stablecoin, potentially unlocking billions in additional open interest and boosting the ENA token price.
Ethena Labs has proposed adding Solana (SOL) to the collateral mix of its synthetic stablecoin USDe, targeting a $100-200 million initial allocation.
Solana's price has surpassed $150, buoyed by historical performance, increased network activity, and technical indicators pointing to a potential rally towards $180.
The SEC's recent appeal in the XRP case (scandal) is wild. We wish we could say it is unbelievable – but it was to be expected!
Welcome back to our digital asset analysis column, in this article we will focus on the cryptos BRETT, BONK, and Solana (SOL).
The cryptocurrency market has displayed a neutral price action over the past week, indicating weak buying and selling pressure among investors. Moreover, top tokens such as Bitcoin, Ethereum, and Ripple repeatedly fail to break their important resistance, highlighting rising uncertainty.
Solana climbed higher above the $140 resistance zone. SOL price is rising and might gain bullish momentum if it clears the $155 resistance.
Crypto analyst Levi takes viewers on a deep dive into The Simpsons' fascinating history of predicting cryptocurrency trends. Since 2012, the iconic show has made several references to crypto, including discussions around Bitcoin and blockchain technology, long before these became widely known.
The Simpsons have made several predictions about Bitcoin and cryptocurrency that have caught the attention of many. The show has a history of making uncanny predictions and recently cryptocurrency enthusiast Levi took to his latest video and brought to attention some crazy predictions made by them.
In the latest development, the Ethena community introduced a new proposal that seeks to use Ethereum's Layer-1 competitor Solana as a reserve asset for its synthetic dollar USDe. This development has sent the Ethena (ENA) price soaring by another 17% today to $0.39 thereby taking its market cap above $1.06 billion.
Shiba Inu price consolidates inside a symmetrical triangle after surging 67% from September 18 to September 27. The days following this spike comprised lower highs and lower lows, forming a symmetrical triangle likely to break out in the direction of the preceding trend.
Ripple CEO Brad Garlinghouse backs Bitnomial's lawsuit against the SEC to clarify regulatory oversight on XRP futures contracts.
XRP price is moving higher from the $0.5250 support. The price could gain bullish momentum if it clears the $0.5450 and $0.5500 resistance levels.
Ethereum (ETH) is experiencing a period of consolidation and over the last day, there hasn't been major movement in its price. Ethereum's price movements are also likely to align with Bitcoin's trends. According to analyst Josh of Crypto World, ETH is facing resistance between $2,440 and $2,475, based on previous support and resistance levels.
If the proposal is approved, SOL will join BTC and ETH within Ethena's collateral mix.