Despite facing tough competition from Bitcoin and meme coins, XRP has seen a surge of 20% in a week. Analysts like Dark Defender and Alex Cobb have pointed out key technical indicators, such as MACD and Ichimoku, suggesting a possible uptick in XRP’s value. Dark Defender believes that XRP might break the $1 mark by
Cryptocurrency
The recent surge in the value of Bitcoin has brought it closer to breaking its own record values. With a peak price of $68,800, Bitcoin has seen a remarkable increase of 6.6% in the daily timeframe and 20.6% in the weekly timeframe, according to data from Coingecko. The upsurge in investment in Bitcoin funds listed
Bitcoin Ordinals, a type of Non-Fungible Token (NFT), have been attracting attention in the cryptocurrency market. These digital assets represent unique and scarce items that are authenticated on the blockchain. NodeMonkes, a prominent Bitcoin Ordinal project, has emerged as a top seller with its remarkable sales and increasing demand in the secondary market. NodeMonkes has
Crypto exchange Coinbase faced yet another technical glitch on March 4, causing some of its users to see an empty balance in their accounts. This issue, which affected a small subset of users, led to intermittent zero balances across accounts and latency across pages. While trading was not impacted, it was still a cause for
Crypto enthusiasts anticipating a groundbreaking Ethereum spot ETF launch may need to temper their expectations, as Bloomberg ETF analyst Eric Balchunas suggests that the launch may not live up to the success of Bitcoin spot ETFs. Balchunas believes that the Ethereum ETFs are likely to be overshadowed by their Bitcoin counterparts, which have seen significant
In a groundbreaking move on March 4th, 2024, an anonymous buyer shattered records with the purchase of CryptoPunk #3100 for over $16 million. This sale not only set a new benchmark for the value of CryptoPunks but also drew attention due to the unique circumstances surrounding the buyer. CryptoPunk #3100 is part of the exclusive
The recent surge in prices of meme coins such as Shiba Inu (SHIB), Dogecoin (DOGE), Pepe (PEPE), and Dogwifhat (WIF) has caught the attention of many investors. These coins have experienced significant gains of 100-400% in the past seven days, as reported by CoinMarketCap. Market caps of PEPE and WIF have reached $3 billion and
Bitcoin has recently reached a new all-time high against the euro and the British pound, hitting the $65,000 price mark for the first time. This surge in value has been driven by a 7% increase in the past 24 hours, with BTC nearing 61,000 EUR for the first time in history. The last time Bitcoin
The Wall Street Journal’s investigative article shed light on the questionable financial practices employed by Tether, Bitfinex, and related companies. The majority stake of both Tether and the Bitfinex exchange is owned by iFinex, a corporation established in the Virgin Islands. The article claimed that the group of entities surrounding iFinex attempted to maintain their
In February, Bitcoin experienced an impressive surge, gaining over $18,000 in value in just one month. This momentum has carried over into March, with the price of Bitcoin crossing the $65,000 mark for the first time since 2021. As BTC remains in the green, there are high expectations for its continued performance. According to a