Crypto

A Sudden Dip in Bitcoin’s Value After maintaining a steady position above $27,000 for several days, Bitcoin experienced a notable decrease, plunging below this threshold. This decline marked a multi-day low for the leading cryptocurrency. The question arises: Who is affected by this? Primarily, investors and traders who have placed their bets on Bitcoin’s stability. […]

The Current Ripple Landscape Ripple (XRP) has witnessed a 5.6% price surge over the past week, now trading above the $0.5 mark. This comes after a prolonged phase of stagnant sideways movement and declines. The recent spike in volatility and trading volume has not gone unnoticed, with analysts making intriguing predictions about XRP’s price trajectory.

XRP’s Meteoric Rise in Trading Volume The native token of Ripple, XRP, has achieved a significant milestone by becoming the most traded alternative coin on US-based cryptocurrency exchanges in 2023. This surge in trading volume can be attributed to the asset’s recent developments and its growing popularity within the crypto community. According to Dessislava Ianeva,

The Predictions Landscape Bitcoin price predictions have been a hot topic, with various individuals and entities weighing in. From technical and fundamental analysts to celebrities and executives, everyone seems to have an opinion. Notably, since April, several prominent figures and institutions have made their BTC price predictions. These include: Delving into the Data A renowned

The Immediate Aftermath Ethereum-based decentralized automated market maker (AMM) Balancer has once again found itself in hot water. The platform recently suffered a frontend attack, leading to a loss of almost $240,000. The incident occurred shortly after Balancer had warned its users not to interact with the platform’s user interface. The team is currently investigating

A New Chapter in Crypto Investment On September 19, Grayscale Investments, the world’s largest crypto asset manager, filed with the U.S. Securities and Exchange Commission (SEC) for a new Ethereum futures exchange-traded fund (ETF). The filing was made under both the Securities Act of 1933 and the Investment Company Act of 1940. This move is

The Market’s New Highs Bitcoin, the world’s most popular cryptocurrency, has recently touched a 20-day high, reaching $27,500. This surge comes after a tumultuous week that saw the asset plummet to a two-month low before recovering almost immediately. The catalyst for this recovery was the recent filing for a spot BTC ETF in the United

The Surge and Speculations Ripple’s XRP has been on a bullish run, recently breaking the psychological and technical resistance level of $0.50. This has led to a wave of optimistic price predictions, some even suggesting a future price of $500. The question on everyone’s mind is: When will XRP reach its all-time high of $3.40?

A Turn of Events in the FTX Legal Case FTX, the bankrupt cryptocurrency exchange, has recently made significant strides in its ongoing legal battles. The co-lead counsel for FTX has voluntarily dismissed a case against crypto influencer Ben Armstrong, commonly known as BitBoy. Additionally, settlements have been reached with three high-profile endorsers of the failed

The Unusual Uptick In a market characterized by outflows and bearish trends, Ripple’s XRP stands out as an exception. According to CoinShares’ latest Digital Asset Fund Flows report, the cryptocurrency market has seen outflows totaling $54 million in the last week alone. While Bitcoin accounts for $45 million of these outflows and Ethereum follows with