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Coinbase, the largest U.S.-based exchange, has relisted XRP for trading for its users who are residents in New York.
#CoinbaseListing
#Xrpđ„đ„
#Crypto
#CryptoNewsđđ„V
#CryptoNewsDaddy
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The enigmatic #shiba⥠Inu lead developer Shytoshi Kusama aspires to take SHIB to the list of top 5 cryptocurrencies by market cap within a few years. In todayâs Shiba Inu latest news, Kusama disclosed this while reacting to an AI-generated painting shared by multidisciplinary artist Mac Baconai. The image depicted a man working on a cluttered desk full of books, with a chaotic painting hanging on the wall. Kusama Ambitious Goal for SHIB Reacting, Kusama noted that the painting reflects how he feels when trying to give utility to a memecoin. Despite having a limited budget, he revealed an ambitious goal of taking the asset from the top 15 to the top 5 in less than five years. In a separate tweet, he emphasized that he was referring to SHIB, pointing out that the idea of making the asset rank among the top 5 cryptocurrencies was not a hint but an aspiration. The overall message symbolizes the amount of work the Shiba Inu leader does to elevate SHIB to the top 5. #CryptoNewsđđ„V
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#Bitcoin witnesses a massive spike in exchange net outflows as the recent price rebound bolsters bullish investor sentiments. Market participants are increasingly pulling their Bitcoin (BTC) tokens out of exchanges as bullish sentiments dominate the scene. This turn of events comes on the back of the recent price rebound, which has seen BTC recover $96,000. For context, after hitting an all-time peak of $99,800 on Nov. 22, Bitcoin faced a massive pullback. As a result, the firstborn crypto asset retested the $90,000 support four days later. Notably, The Crypto Basic confirmed that this retracement was due to profit-taking trades from long-term holders. Investors Pulling More Bitcoin from Exchanges However, Bitcoin appears to be mounting a recovery campaign, coinciding with a large spike in exchange outflows. Data from IntoTheBlock shows that Bitcoinâs aggregated exchange net outflows hit a high of 1,270 BTC yesterday. Interestingly, this figure marked a massive 270% increase from the net outflows of 342.33 BTC recorded the previous day. The latest trend of net outflows follows a period of net inflows from Nov. 24 to 26, during which 3,147 more BTC tokens flowed into exchanges as prices dropped. For the uninitiated, the recent shift to negative flows suggest that investor sentiment in Bitcoin is now improving, as more market participants take out their tokens from exchanges to possibly HODL them. This trend often reduces selling pressure, contributing positively to price action. #CryptoNewsUSA
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"XRPâs Nike Swoosh Formation Signals Explosive Growth Toward $6.4 or $13"
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#Ethereum ETFs are now gaining traction as traditional finance (TradFi) institutions ramp up investments amid a rebound in daily netflows. The positive shift in netflows syncs with recent market trends, as confirmed by Kaiko Research. While Ethereumâs year-to-date performance lags behind Bitcoin, it briefly outpaced the leading cryptocurrency in November. Ethereumâs price has climbed nearly 40% since late October, bolstering interest in related financial products. Notably, ETH largely consolidated from Nov. 21 to 26, but recently rebounded, ending yesterday with an impressive 10% gain to reclaim the $3,500 region. #CryptoNewsâ
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