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XRP Skyrocketing: Will It Continue or End Here? Shiba Inu (SHIB) is Missing Out Massively, Bitcoi...
XRP has grown remarkably breaking through the $1 threshold and hitting new highs as a result of higher trading volumes and more investor interest. But given the present momentum it begs the question: will XRP be able to maintain its upward trajectory or will a reversal soon occur?
According to the provided chart an RSI reading above 80 indicates that XRP is in an overbought phase. This usually indicates that a correction is likely to occur soon. The asset continues to attract interest as eviden
MicroStrategy’s Saylor Wants More Green Dots on This Chart
MicroStrategy co-founder Michael Saylor has stronglyhinted at future Bitcoin purchases in a recent social media post on the X platform.
Saylor posted a screenshot of a MicroStrategy portfolio tracker that logs all of the company's purchases. These purchases are represented by green dots on the chart.
MicroStrategy's current portfolio value stands at a whopping $25.5 billion.
"I think http://saylortracker.com needs even more green dots," Saylor quipped in the social media post.
XRP Rockets 82% in Week, but Mega Golden Cross Signals Biggest Breakout Is Ahead
The popular cryptocurrencyXRP hasn't been out of the news headlines for the past week amid a rise of more than 80%. XRP, an old-timer in the crypto market, which many participants, except for the hardcore believers, had written off, showed a monster price action, soaring to $1.265 per token, which was the maximum for the last three years.
Partly due to the heated response to XRP, partly due to regulatory developments in the U.S. political environment, the token is gaining momentum and attention
Stellar Price Skyrockets 35% on XLM Golden Cross Signal: Details
Stellar (XLM) has surged by an impressive 35% in the last 24 hours following a bullish "golden cross" signal.
A golden cross occurs when the 50-day moving average crosses above its 200-day moving average, signaling a potential bullish trend. For XLM, its latest golden cross coincided with a breakout above key resistance levels, resulting in fresh multi-year highs around $0.243, which were last touched in March 2022.
XLM posted its last golden cross in March this year, which was quickly succeed
Shiba Inu (SHIB) on Verge of 23% Breakout as Golden Cross Develops
The price of the popular meme-inspired cryptocurrencyShiba Inu (SHIB) may be on the verge of a major breakout as suggested by a number of important patterns on its chart. After rallying more than 71.5% since the beginning of the month to peak at $0.00003, the SHIB price further retraced 20% downward, where it seems to have found a local bottom around $0.000024. Such a correction can be considered healthy, considering the performance of the meme token in the first two weeks of November.
MicroStrategy Bitcoin Stash Surpasses IBM, Nike in Major Milestone
MicroStrategy, the world's first and largest Bitcoin Treasury Company, continues to make waves in the financial world. In a recent tweet, Michael Saylor, co-founder and chairman of MicroStrategy, highlighted a staggering comparison: The company’s Bitcoin holdings, valued at approximately $26 billion, exceed the cash holdings of global corporate giants like IBM and Nike.
MicroStrategy’s $26 Billion #Bitcoin Cache Is Larger Than IBM, Nike Cash Holdingshttps://t.co/E5Q3bgDUsA
Ripple Suddenly Burns 53 Million RLUSD Ahead of Stablecoin Launch
It has just been announced that Ripple burned approximately 53 million RLUSD today. The burning happened in a series of transactions across two blockchain platforms — XRP Ledger andEthereum. As many may know, Ripple's stablecoin will be launched on two blockchains — XRPL and Ethereum. So, the first batch of RLUSD worth 40.17 million was burned on the XRPL base, but the next one worth 14 million was burned in Ethereum.
The long-awaited launch of Ripple's USD is expected to take place before the
Most of the coins remain in the green zone at the end of the week, according to CoinStats.
SHIB/USD
The rate of SHIB has fallen by 1.71% since yesterday.
On the hourly chart, the price of SHIB is rising after a breakout of the local resistance of $0.00002481. If the daily bar closes far from this mark, the upward move is likely to continue to the $0.000026 range.
On the bigger time frame, the rate of SHIB has almost touched the support level of $0.00002283 again. However, bulls have not accu
Coinbase CEO Makes Intriguing Offer for Elon Musk's D.O.G.E
Coinbase CEOBrian Armstrong has proposed a thought-provoking idea for the newly formed presidential advisory commission, the Department of Government Efficiency (D.O.G.E.), led byElon Musk and Vivek Ramaswamy. Announced as part of an effort to cut federal spending, streamline government operations and reduce the national deficit by $2 trillion by July 4, 2026, the initiative remains a hot topic in mass media.
So, Armstrong suggested thatD.O.G.E. could be a great chance to change how the governm
Shiba Inu (SHIB) Is Stuck: What's Happening Between 50 and 6 Trillion?
Technically and on-chain Shiba Inu is currently in a difficult position as it struggles between important support and resistance levels. SHIB has had difficulty sustaining its recent upward momentum following a noteworthy rally on the price chart. The asset now looks trapped between $0.000021 and $0.000026 despite the spike in trading volumes as on-chain data shows a significant resistance overhead.
A fascinating address distribution is revealed by the on-chain data. Between $0.000024 and $0.00
Former SEC Official Predicts Crypto Crime Will Explode
Former U.S. Securities and Exchange Commission Chair John Reed Stark haspredicted a massive uptick in cryptocurrency crime after a leadership change that is going to take place at the agency in the near future.
Stark, a vocal critic of the cryptocurrency industry, recently admitted that the agency's efforts to regulate the industry with enforcement actions were essentially over. As reported by U.Today, he expects the agency to drop all non-fraud crypto cases, including the lawsuits against Bina
Buyers keep controlling the situation on the market on the last day of the week, according to CoinMarketCap.
DOGE/USD
The rate of DOGE has declined by 4.30% over the last 24 hours.
On the hourly chart, the price of DOGE is testing the local resistance of $0.3679. If bulls' pressure continues and the daily candle closes near that mark or above, the breakout may lead to a test of the $0.38 area.
On the daily time frame, the rate of DOGE has made a false breakout of the resistance of $0.3513. I
XRP 10% Price Drop Happened With Only 1 Sell Order
XRP experienced a dramatic 10% price drop in just two seconds due to a massive sell order on the spot market. Such a sharp decline raises questions about the asset's market dynamics and liquidity, especially in a period of heightened volatility.
The XRP price chart highlights the coin’s explosive rally over the past week, reaching a peak near $1.30 before retracing to around $1.07. The sell order that triggered the drop underscores the market's sensitivity to large transactions. High volume and
Historical data indicates that meme coin volume spikes frequently correspond with the peaks of the price of Bitcoin; the recent surge in the volume of trading in meme coins is causing concern throughout the cryptocurrency market. Every significant increase in meme token volume like those in early 2021, mid-2021 and mid-2023 corresponds with notable peaks in the price of Bitcoin followed by notable corrections.
At the moment Bitcoin is trading slightly above $91,000, setting new annual records a
XRP surged past the $1 mark Saturday, hitting a three-year high. It has now overtaken Dogecoin (DOGE) to secure the sixth spot in the cryptocurrency rankings by market capitalization.
XRP's price has skyrocketed by over 85% since the past week, reaching a three-year high of $1.268 in Saturday's trading, the last time it had been seen Nov. 11, 2021. Favorable regulatory developments and increased whale activity appear to have contributed to the XRP price surge.
Ripple Should Start Preparing for IPO 'as Soon as Possible,' SBI CEO Says
In asocial media post on the X social media network, SBI Holdings CEO Yoshitaka Kitao stated that Ripple, one of the leading enterprise blockchain companies, should start preparing for an initial public offering (IPO) "as soon as possible" after the SEC matter gets resolved.
In early October, the SEC filed a notice of appeal in the Ripple case, extending its prolonged legal battle with the company. However, likely, the regulatory cloud will no longer be hanging over Ripple. Various legal analys
Ripple-affiliated cryptocurrency XRP extended its stunning rally during the weekend, surging to a new 2024 peak of $1.26 on the Bitstamp exchange.
This is the highest level that the cryptocurrency has hit since November 2021.
In fact, the rally was so intense that Binance, the leading cryptocurrency exchange by global trading volume, temporarily stopped processing withdrawals.
The controversial token has surged by more than 110% during this November, outperforming most other major altcoins.
Crucial Scam Warning Made by SHIB Team as Price Begins to Surge
The official marketing lead of the Shiba Inu team known under the pseudonym Lucie has published a post on her X account to send word to the SHIB army about crypto scammers within the community. This happened while the SHIB price demonstrated 12.5% growth over the past day.
Lucie's scam warning to SHIB army
The SHIB marketing lead reminded the community that “crypto is full of scammers in sheep’s clothing.” They “twist reality and manipulate basic truths,” per her statement. Lucie explained the
Cardano Network on Verge of Historic 100 Million Transactions
The Cardano network is on the verge of a historic milestone, with transactions approaching 100 million. According to the most recent update from Input Output Global (IOG), the developer of Cardano, the network has handled 99.07 million transactions to date.
This achievement highlights the growing adoption and robust activity within the Cardano ecosystem. Over the past seven years, Cardano has evolved significantly, seeing continuous upgrades and the introduction of new features.
Shiba Inu to $0.00003: SHIB Takes On 18 Trillion Wall
Dog-themed cryptocurrency Shiba Inu (SHIB) is seeking to continue its upward march, having gained 4% in the last 24 hours to $0.000025 at the time of writing.
The recent price surge has been fueled by positive sentiment within the broader crypto market and the Shiba Inu ecosystem, including ongoing developments in Shibarium, its Layer-2 blockchain. Shibarium has crossed 500 million transactions in a major milestone.
Increased activity on the Shiba Inu network seems to have attracted attention