XRP Price Prediction – Will Recent Correction Trend Push XRP Under $0.50?
Ripple’s token price is holding gains above $0.50 against the US Dollar. XRP price could take a hit if it fails to recover above $0.512. Ripple’s token price is attempting a fresh increase above $0.508 and $0.512 against the US dollar. The price is…
Ethereum Price Hints At Potential Correction But Faces Uphill Task
Ethereum price is attempting a recovery wave from $1,565 against the US Dollar. ETH could struggle to recover above $1,600 and might resume its decline. Ethereum is slowly moving higher toward the $1,600 resistance zone. The price is trading below…
Bitcoin Price Turns Vulnerable As Indicators Point To More Weakness
Bitcoin price is struggling below the $26,500 resistance. BTC could accelerate lower if there is a close below the $26,000 support in the near term. Bitcoin is struggling and trading well below the $27,500 resistance. The price is trading below…
NEAR Protocol’s Daily Active Addresses Spike, Will Prices Follow?
In the past month, there have been more daily active addresses on the NEAR Protocol than in Ethereum and its layer-2 protocols, including Arbitrum and OP Mainnet, Artemis data from September 25 reveals. Artemis, an institutional data platform for…
Cardano: Factors That Could Drive ADA Price As High As $12
The Cardano community has been one of the fastest-growing in the crypto space and this has shone a heavy spotlight on the ADA price. With expectations mounting already even amid the crypto winter, there are key factors that stakeholders believe…
Huobi Hacked For $8 Million Worth Of ETH, Offers Hacker 5% Bounty
According to Arkham Intel, the Huobi crypto exchange platform (HTX) fell victim to a hacking incident resulting in the theft of 5000 ETH, valued at approximately $8 million. The hacker reportedly moved 1,000 ETH to a separate wallet, 0x799, shortly…
Crypto’s Six-Week Bleed Out: XRP And Solana Defy The Outflow Downtrend
With contrasting events in the industry, crypto investment products have witnessed a continuous outflow for the sixth week. Some altcoins demonstrate resilience in this trend, defying the broader market sentiment. Dissecting The Crypto Outflow…
MicroStrategy Expands Bitcoin Holdings with $147.3 Million Purchase
In a strategic move, MicroStrategy, the business intelligence (BI) company, and its subsidiaries have made a bold financial maneuver by increasing their Bitcoin (BTC) holdings. MicroStrategy Bolsters BTC Holdings According to a recent filing with…
$200 Million In Crypto Lost As Mixin Network Comes Under Attack
Decentralized finance peer-to-peer service Mixin network, experienced an attack on Saturday, September 23, 2023, leading to $200 million worth of crypto funds lost as a result of the attack. $200 Million In Crypto Lost In The Attack The…
Bitcoin Social Media Talk Drops To 3-Month Low, All Eyes On Altcoins?
Data shows the social media talk around Bitcoin has dropped to low levels recently, indicating that investors are paying attention to altcoins instead. Bitcoin Social Dominance Has Declined To Just 17% Recently According to data from the on-chain…
Cardano Sees Spike In Development Activity, Can The Price Of ADA Follow?
Cardano (ADA) has been experiencing a persistent downside trend since the start of 2023; the selling pressure has increased in the past week. However, network development continues to grow and could hint at a reversal for the cryptocurrency…
Ethereum Funding Rates Turn Deep Red, What Does It Mean?
Data shows the Ethereum funding rates have been quite negative in recent days. Here’s what this could mean for the cryptocurrency’s price. Ethereum Funding Rates Have Been Under The Zero Mark Recently As explained by an analyst in a…
Number Of Ethereum Addresses Losing Money Just Reached A New All-Time High
Ethereum holders have been subject to uncertainty over the last few months as bulls and bears have struggled for control. With the bears winning at a much higher rate than the bulls, Ethereum holders have found their holdings have continued to lose…
Chainlink (LINK) Spikes 6% On The Weekly Chart As Market Sees Correction
The crypto market cap has declined over 1% in the last 24 hours, transmitting losses across the market. Top coins like Bitcoin and Ethereum have taken the hit, losing 3% and 4% of their past week’s gains, respectively. However, Chainlink (LINK)…
Ripple CTO Weighs In: Why A Higher XRP Price Is Beneficial For Adoption
In an era where crypto analysis is ever-evolving, some sentiments retain their significance. This was underscored when XRP influencer Crypto Eri delved into a statement from Ripple’s CTO, David Schwartz, that, although over five years old…
Crypto Analyst Says Prepare For 100% Increase In Bitcoin Price As Historical Pattern Forms
Last week was a quiet one for Bitcoin, as the US dollar continues to gain ground in the foreign exchange market. Price action, in particular, has had Bitcoin breaking below the $26,500 support, indicating a potential risk of more losses below the…
Will Dogecoin Bounce Back To $0.07? Here’s What To Watch For
Dogecoin (DOGE) has been ensnared in a prolonged period of stagnation, hinting at the ongoing battle between the bulls and bears for market control. This extended phase of inactivity has been persistent for over a month, signifying a short-term…
Will Bitcoin Drop To $20,000? EURUSD Correlation Indicates It Might
In recent discussions surrounding Bitcoin (BTC) and its potential future price trajectory, crypto-enthusiasts and analysts alike are finding new correlations to dissect. Most notably, a correlation with the EURUSD pair (the euro against the US…
Is Terra Classic Planning For USTC To Be Pegged To The Dollar Again?
The Terra Luna Classic (LUNC) community has voted overwhelmingly, with nearly 60% in favor, to cease the minting and reminting of Terra Classic UST (USTC) tokens. The drastic decision, in a decisive move aimed at rescuing the beleaguered Terra…
Ethereum Founder Vitalik Buterin Reveals The Challenges Of The Network
The Ethereum blockchain is notable for its smart contract functionality and various other things. However, many might not be conversant with the challenges the network encounters. In a recent interview, Ethereum’s founder, Vitalik Buterin, revealed…
Tron Price Prediction: TRX Could Rally To $0.095 and Outperform Bitcoin
Tron price is holding gains above $0.0825 against the US Dollar. TRX is outperforming Bitcoin and could rise further toward $0.095. Tron is moving higher above the $0.0825 resistance level against the US dollar. The price is trading above $0.0830…
Ethereum Price Just Saw Bearish Breakdown: Can Bulls Save The Day?
Ethereum price dropped further below $1,600 against the US Dollar. ETH is in the red zone and might dive toward the $1,500 support zone. Ethereum is gaining pace below the $1,600 support zone. The price is trading below $1,600 and the 100-hourly…
Bitcoin Price Grinds Lower And Seems Like Bears Are Not Done Yet
Bitcoin price is again moving lower below the $26,500 support. BTC remains at risk of more losses below the $26,000 support in the near term. Bitcoin started a fresh decline after it failed to clear the $27,500 resistance. The price is trading…
What The Drop In Spot And Derivatives Volumes Means For The Price Of Bitcoin
It has been a quiet week of caution for Bitcoin traders in terms of price action. This caution has trickled into trading volume in particular, as volumes on major crypto exchanges for both spot Bitcoin trading and Bitcoin derivatives have fallen…
Explosive 6-Week Growth Sees Base Hit New Milestone
Coinbase’s layer 2 scaling solution, called Base, has seem a meteoric rise in popularity recently. In just six short weeks since its launch, Base’s total value locked (TVL) has skyrocketed to nearly $400 million. This rapid rise in use and…
Bitwise Withdraws Application, A Big Blow To Ethereum ETFs?
In a recent development, asset manager Bitwise has withdrawn its application to transform its existing Bitcoin futures ETF (Bitwise Bitcoin Strategy Optimum Roll ETF) to one that invests in both Bitcoin and Ethereum futures contracts. This has…
XRP Forecast: Is A Retreat Below $0.5 Likely Before October?
XRP has maintained its position within the confines of a symmetrical triangle pattern, with today’s modest surge doing little to alter its trajectory. This symmetrical triangle pattern has exerted significant influence over XRP’s price…
Why This Bank CEO Wants 99% Of The Crypto Industry Gone
In a bold and contentious statement, Caitlin Long has asserted that 99% of the crypto industry should be eliminated to decrease leverage buildup and improve the industry’s future advancement. Industry Overhaul Demanded For Sustainability Caitlin…
New Bitcoin Prediction: Analyst Backs BTC To Reach $34,500 In 2024
Bitcoin (BTC) has experienced little price movement this week and is up by only 0.25% in seven days, according to data from CoinMarketCap. Following the announcement on Wednesday that federal interest rates will remain at their current level, the…
Why October Is An Important Month For The Crypto Industry As Key SEC Decisions Loom
As October approaches, the crypto community will have their eyes set on the US Securities and Exchange Commission (SEC), as it has some key decisions to make that could invariably affect the crypto industry and everyone in it. SEC Appeal Incoming?…
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