XRP, the cryptocurrency created by Ripple, has seen a significant price increase recently, outperforming major digital assets in the market. With a 27% price jump in just a week, XRP has caught the attention of many investors and analysts. The cryptocurrency market as a whole has been on a rally, with a total market capitalization
Crypto
In a bold move, Metaplanet, an investment firm based in Japan, recently made a significant Bitcoin purchase worth 42.4 Bitcoin for ¥400 million ($2.4 million) to add to its holdings. This decision comes at a time when Bitcoin is trading at $57,652, down 8% over the last week, and struggling to reclaim the $60,000 mark.
The upcoming United States elections set for November hold the potential to be a crucial juncture for the American crypto industry. This is primarily due to the contrasting perspectives of candidates on digital assets. According to the popular crypto exchange, Coinbase, the support from crypto voters could play a pivotal role in determining the outcomes
The 2024 presidential election has seen a significant shift in voter attitudes towards cryptocurrency, particularly among Republicans. A poll funded by Paradigm, a crypto-focused investment firm, revealed that Donald Trump’s endorsement of the industry has influenced many Republican voters. Initially, 13% of Republicans who were undecided about supporting Trump have expressed more enthusiasm after he
The current state of Bitcoin (BTC) is hanging on a crucial edge that could determine whether its price will stabilize or continue to plummet. Various indicators provide conflicting signals about the future direction of the leading cryptocurrency. While some metrics suggest that BTC has reached the bottom of its recent correction, others point to the
In recent news, it was reported that cryptocurrency tokens linked to the former US President, who survived an assassination attempt, experienced significant growth. Following the incident, where the former President was shot at, reports have confirmed that he has been discharged from the hospital and returned to New Jersey. The cryptocurrency community has seen its
Over the last seven days, Bitcoin’s price has seen significant fluctuations, ranging from $54,000 to almost $60,000. Currently, it stands at around $58,000, according to data from Coingecko. Many analysts are predicting a potential surge in price, with some even speculating that Bitcoin could reach $90,000 to $100,000 in the near future. These predictions are
The world of stablecoins has seen significant shifts in market share over the last two years. While Tether’s USDT has long been a dominant force in the market, recent data from Kaiko shows a decline in its market share. In 2024, USDT’s market share on centralized exchanges dropped from 82% to 74%. This erosion of
Germany’s on-chain Bitcoin wallet balance has officially reached zero, indicating that the sell pressure from the European economic powerhouse is likely coming to an end. This news marks a significant shift in the market sentiment, as the bearish narrative that has been looming over the crypto market for weeks seems to be dissipating. With on-chain
Ethereum’s price has experienced a significant drop recently, marked by a second rejection from the $4,000 resistance level. The daily chart indicates a pattern of lower highs and lows since the failed attempt to break the $4,000 level. Additionally, the market has broken below the 200-day moving average at around $3,100. Currently, the price is
