XRP, the cryptocurrency associated with Ripple Labs, has recently shown a significant surge in its price, outperforming other major digital assets. In just one day, XRP experienced a price increase of almost 20%, reaching $0.64 before retracing slightly to $0.61. This spike has led to a monthly gain of 42%, indicating a bullish trend for
Cryptocurrency
Brazil’s Securities and Exchange Commission (CVM) recently made headlines by approving the country’s very first Solana-based exchange-traded fund (ETF). This move positions Brazil ahead of other countries, including the United States, where the process of approving Solana ETFs is still in its early stages with uncertain outcomes. This approval signifies a significant step forward for
After a recent price crash that saw Bitcoin dip below $60,000, many hopeful investors were left wondering if the leading cryptocurrency would ever reach a new all-time high. However, analysts like CryptoQuant CEO Ki Young still believe that there is room for growth in the long term. Ki Young recently shared his bullish outlook for
The recent decision by United States District Judge Peter Castel to finalize a $12.7 billion settlement has sent shockwaves through the cryptocurrency community. This settlement obligates the bankrupt cryptocurrency exchange FTX and its sister company Alameda Research to compensate the former’s creditors. This decision is part of a settlement with the United States Commodity Futures
In the fast-paced world of cryptocurrency trading, predictions about price movements can make or break an investor’s portfolio. Benzinga crypto analyst Armando Pantoja stirred the pot on Tuesday by forecasting that Shiba Inu’s price will skyrocket to $0.001 due to FOMO (fear of missing out). However, Pantoja also warned that one of SHIB’s competitors may
Nexera, a DeFi protocol, recently fell victim to a smart contract security breach that led to the theft of $1.5 million in NXRA tokens. As a result of this incident, the value of the protocol’s native token plummeted by more than 40%. The breach was initially reported by Cyvers, a blockchain security firm, on August
Crypto analyst Altcoin Sherpa recently stirred the cryptocurrency community with his bearish prediction regarding Bitcoin’s bottom. He suggested that the flagship cryptocurrency could still drop to new lows, possibly finding its bottom around the $40,000 range rather than $50,000. Altcoin Sherpa warned of “nasty wicks, liquidations, and pain” as Bitcoin struggles to maintain its price
Recently, the court reached a decision in the case filed by the US Securities and Exchange Commission (SEC) against Ripple, imposing a hefty fine of $125 million on the company. This ruling marks the end of a lengthy legal battle spanning over four years. Following the announcement of the fine, XRP experienced a significant price
CryptoQuant CEO Ki Young Ju remains optimistic about bitcoin’s future, predicting that the cryptocurrency could surpass its all-time high if its price stays above $45,000. Despite some bearish indicators in the broader financial markets, Ju believes that bitcoin has the potential for significant growth in the coming year. However, Ju also warns that the crypto
Bitcoin whales have been actively accumulating substantial amounts of the cryptocurrency amid the recent market downturn. According to on-chain activity data, over 404,448 BTC worth approximately $22.8 billion has been transferred to permanent holder addresses in the last 30 days. This significant movement of BTC to long-term holder wallets suggests a strong accumulation phase within