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Toncoin (TON) Surges 80% in Whale Activity Amid $405 Million Market Sell-off
Toncoin (TON) has experienced a significant surge in whale activity, with its large transaction volume increasing by 80% in the last 24 hours.
According to data from IntoTheBlock, Toncoin reported 1.68 billion TON, or $9.75 billion, in large transaction volume, marking an 80% increase. This spike comes amid a broader market sell-off, with 405 million in crypto liquidations, per CoinGlass data.
Bitcoin took a respite after reaching $108,000 for the first time, as traders anticipate a Federal Re
Shiba Inu (SHIB) on Verge of Bullish Comeback: Possible Scenarios
The last few days have been ugly, to say the least, for holders of the popular meme-inspired cryptocurrencyShiba Inu (SHIB). After a huge surge of nearly 100% since the beginning of November, the price of SHIB has dropped nearly 23% in the last nine days and recently hit a major support level at around $0.000025 per token.
While not very pleasant at first glance, the price chart of the Shiba Inu token is currently opening up interesting opportunities for SHIB enthusiasts. Considering that the d
Ripple's RLUSD Records Major Changes in One Day: Details
American blockchain payments firm Ripple Labs Inc. triggered bullish market sentiment when it launchedRLUSD stablecoin on global exchanges. While the price has seen no intense volatility, as previously hinted, its growth trends in 24 hours have not been particularly smooth.
Unexpected RLUSD depegging
As a stablecoin, RLUSD stablecoin is expected to maintain a 1:1 peg with the U.S. dollar. However, data from XPMarketshows that the token has slightly depegged and was trading for $0.99 at the tim
In response to a question posed by a user on X, David Schwartz, Ripple’s Chief Technology Officer, recently addressed the XRP Ledger’s scalability in terms of (TPS) transactions per second. X user Chad Steingraber had asked if it was true that the XRP Ledger "through optimization" could potentially scale up to 50,000 TPS.
Schwartz noted that future improvements — such as those in CPUs, storage, networking and internal architecture — could indeed raise the potential TPS to such high levels: "It'
$400,000,000 Destroyed as Bitcoin (BTC) Drops Below ATH
The price of Bitcoin is plummeting, falling below its peak and leading to significant market liquidations. Bitcoin is currently trading at $105154 with a slight downward trend, retracing from its recent highs of about $106,000, according to the price chart provided. The present decline underscores the volatility and difficulties in the vicinity of significant resistance zones, even though Bitcoin maintains a longer-term upward trend.
The situation is given more weight by the liquidation data. W
XRP Price Chart 'Stays Hilarious,' Says Expert Trader — What Does It Mean?
The price action ofXRP has been at the center of the crypto market discussion for over a month now, but it seems things are far from over for the popular cryptocurrency. For example, since the beginning of November, the price of XRP has gained over 460% in value and is now quoted at around $2.70.
Observing the chart of what is currently the world's third largest cryptocurrency, a popular trader known online by the nicknameDonAlt said that it actually "remains hilarious."
Dogecoin Market Dominance Over Quantum Stocks Highlighted by Analyst Charles Edwards
Charles Edwards, a cryptocurrency analyst and the founder of the Capriole Investments fund, has shared a screenshot of an infographic that offers a comparison between the market caps of all meme coins, Dogecoin in particular, and the Quantum stocks market. Dogecoin alone has left the latter far behind.
Edwards, who has been paying close attention to the development of Quantum computers recently, ponders if this state of things is going to end soon or last long.
Sellers have returned to the game, according to CoinMarketCap.
BTC/USD
The price of Bitcoin (BTC) has declined by almost 2% over the last day.
On the hourly chart, the rate of BTC has made a false breakout of the local support level of $103,287. However, one should pay attention to the daily bar closure.
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If it happens near the mentioned mark, there is a chance to see a further correction to the $102,000 area.
On the bigger time frame, the price of the main crypto is far from the suppo
'Rich Dad Poor Dad' Author Predicts Bitcoin to Hit $350,000 Next Year
Robert Kiyosaki, finance expert and investor famous as the author of the popular book on asset management “Rich Dad Poor Dad,” has taken to his official account on the social media platform X (widely known as Twitter previously) to make a stunning Bitcoin price prediction for next year.
He also offered valuable advice to all Bitcoin lovers.
Bitcoin to grow 3x next year, Kiyosaki believes
The financial expert published a short three-line tweet. In it, he reminded his 2.6 million army of follow
Bears have turned out to be more powerful than bulls today, according to CoinStats.
XRP/USD
The rate of XRP has declined by 7% over the last 24 hours.
On the hourly chart, the price of XRP is in the middle of the local channel, between the support of $2.4683 and the resistance of $2.5921. If the daily bar closes around the current prices, there are low chances of seeing any sharp moves soon.
On the bigger time frame, the situation is quite similar. The rate of XRP is trading within yesterday
'The Window to Accumulate Bitcoin Is Rapidly Closing': Samson Mow Warns
Renowned Bitcoin maximalist Samson Mow, the former CSO at Adam Back’s Blockstream and currently the CEO of JAN3 and a few other companies, believes that there is not that much time left in order to accumulate the digital gold — Bitcoin.
In his tweet, he mentioned the most recent Bitcoin purchases made by Michael Saylor’s MicroStrategy business intelligence firm, revealing the main reason for that hasty accumulation.
Binance to Delist Three Popular Assets, Here Are Tickers
Major crypto exchange Binance recently announced its decision to delist three crypto assets. In an official blog post, Binance stated that based on its most recent reviews, it has decided to delist and cease trading on all spot trading pairs for tokens: Kaon (AKRO), formerly known as Akropolis, Bluzelle (BLZ), and WazirX (WRX), on Dec. 25, 2024, at 3:00 a.m. (UTC).
The exact trading pairs being removed are: AKRO/USDT, BLZ/BTC, BLZ/USDT and WRX/USDT. In keeping with this, all trade orders in eac
From 3 Billion XRP to 300 Million: Is XRP Losing Steam?
Despite an earlier strong breakout, XRP's price performance has been under pressure lately and appears to be stagnating. Although there is a bullish trendline breakout on the given chart, momentum is waning. Concerns about whether XRP is losing traction are raised by on-chain metrics that also point to a drop in activity.
XRP's price surged toward $2.57 before reversing course after emerging from a descending triangle, a bullish indication. Even though this rally showed promise, the asset appea
669,053,714 Transactions, Shibarium Set for New Milestone
Shibarium, the Ethereum-based layer-2 scaling solution of the Shiba Inu protocol, is on the verge of a major historical record. Since its inception, the protocol hasrecorded a total transaction count of 669,053,714 as it looks set to breach another major milestone. The protocol could achieve this in days, with only 946286 transactions to breach the 670,000,000 record.
Shibarium optimism
Currently, Shibarium averages 4.5 million transactions a day, a trend lasting more than eight weeks. At this
BlackRock Rules Bitcoin and Ethereum ETF Game With Historic $860 Million Spike
As recently became known, the amount of inflows toBitcoin (BTC) and Ethereum (ETH) exchange traded funds (ETFs) hosted by BlackRock in the last 24 hours totaled $860 million. Digging deeper into the details, we learn that most of this sum still belongs to IBIT, a Bitcoin ETF from BlackRock, which saw inflows of $733.6 million, according toBloomberg data. Meanwhile, ETHA, an Ethereum ETF fromBlackRock, saw inflows of $132.3 million over the course of the previous day.
Bitcoiner Michael Saylor Places Big Hopes on US 'Crypto Czar,' Here's Why
Michael Saylor, cofounder and executive chairman of MicroStrategy business intelligence company, has reposted a tweet published by pro-Bitcoin U.S. Senator Cynthia Lummis about the newly appointed “crypto czar” in the U.S. — David Sacks, a venture capitalist and the former chief operating officer at PayPal.
Saylor, a major Bitcoin evangelist, shared his take on the future prospects of the U.S. under the “rule” of this “crypto czar,” clearly placing big hopes on Sacks.
Shiba Inu (SHIB) 23% Plunge in 10 Days: What's Happening?
On the daily chart, Shiba Inu is under a lot of pressure and is currently going through a noticeable decline. The asset's price has decreased by 2.43% to $0.00002568, its lowest level to date. Despite this brief difficulty, there is still hope as SHIB gets closer to the crucial 50 EMA level, where a possible reversal might pique investors' interest once more.
The drop comes after a volatile period following SHIB's robust November and early December rally. The price moved toward $0.000033 during
Bitcoin (BTC) Dips Below $104K Ahead of Fed's Rate Decision
The price of Bitcoin, the leading cryptocurrency, dropped to an intraday low of $103,353 earlier today, causing some concerns about a potentially steeper correction.
It is currently trading at $103,735, down 2.7%. This comes after it soared to a new record high of $108,135 on Tuesday.
The cryptocurrency is seeing increasing volatility ahead of the Federal Reserve's rate hike.
Polymarket bettors see a 97% chance of the Fed implementing a 25-basis-point rate cut. Hence, a potential decision to
Ripple USD (RLUSD) Is ‘Game-Changer’, SWIFT Veteran Says
Andre Casterman, former global head of corporate and trade markets at SWIFT, has described the Ripple USD (RLUSD) stablecoin as a"game changer" for cross-border payments.
"Corporates and SMEs will be the first ones to love it. Working capital lenders will extend the faster settlement benefits to their SME clients," he said in his X social media post.
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As reported by U.Today, the much-talked-about stablecoin was officially launched on Tuesday after months of anticipation.
Litecoin ETF Might Happen Before XRP ETF, Expert Says
Eric Balchunas, one of the leading ETF analysts, has poured cold water on the prospects of an XRP exchange-traded fund being approved by the U.S. Securities and Exchange Commission (SEC) in the near future.
In fact, according to Balchunas, the SEC is likely to greenlight a Litecoin ETF before an XRP ETF.
Earlier this month, the SEC reportedly notified at least two of the five prospective issuers that it intended to reject their filings for spot Solana ETFs.