Bullish

Ripple Labs’ announcement of its plan to introduce a native stablecoin on the XRP ledger provides a major thrust for the XRP price rally. Within 24 hours of the stablecoin launch news, XRP Open Interest surged from $899 million to $981.2 million, representing a 9% increase. The XRP price has been on the uptrend in the last two days gaining over 3% and moving closer to $ 0.60 with its market cap surging to $32.5 billion. Also, the recent thrust…

Ethereum (ETH) exhibited robust growth during the first quarter of 2024 with revenue nearly doubling quarter-on-quarter (QoQ). The decline in ETH exchange reserves suggests reduced selling pressure, while favorable indicators like the Funding Rate. During the first quarter of 2024, the crypto market witnessed strong growth with significant rallies in leading cryptocurrencies such as Ethereum (ETH) and Bitcoin (BTC). Alongside price movements, Ethereum also displayed promising signs of revenue growth. Coin98 Analytics, a data analytics platform, recently shared Ethereum’s Q1…

The post Analyst Captain Faibik Remains Bullish on Shiba Inu; Pepe and KangaMoon Lead the Bullish Meme Coin Run appeared first on Coinpedia Fintech News Meme coins always try to outdo one another and become the next big thing. This time, crypto analyst Captain Faibik has supported Shiba Inu (SHIB). Meanwhile, Pepe (PEPE) and KangaMoon (KANG) continue thriving. While PEPE is a well-established meme coin, KANG is a Stage 5 presale star that could evolve into the next 50x token…

Over the past week, Bitcoin (BTC) has struggled to move significantly to the upside as the leading cryptocurrency has entered a consolidation phase below the $69,000 mark. This subdued volatility departs from Bitcoin’s usual fluctuations, raising speculation about a potential stagnation phase in its market trajectory. Anticipation Builds For Bitcoin’s Next Rally The cryptocurrency community has closely monitored Bitcoin’s movements, especially as it approaches crucial resistance levels. Insights from prominent crypto analyst Captain Faibik shed light on Bitcoin’s current outlook.…

April's market presents fresh opportunities as the Bull Run 2024 momentum gains speed. This article shines a light on three alternative cryptocurrencies that stand out for their growth potential. It offers insight into coins that could surge based on recent developments and market trends. Investors looking for undervalued opportunities might find the next big movers herein. BlastUP Presale: The 1st Launchpad in the Blast Ecosystem is Live! BlastUP is a pioneering launchpad on Blast, the cutting-edge Layer 2 solution that…

A veteran analyst has predicted that NEAR Protocol will skyrocket past $10.50, surging by 60% from its current price of $6.58. The analyst is also bullish on the Solana ecosystem, naming oracle protocol Pyth Network, DEX aggregator Jupiter, and DeFi platform Jito as the best bets. As the bull market rallies on, one veteran trader and analyst has his sights set on an Ethereum rival that he says will surge 60% over the next two weeks. Known to his 253,000…

The post Ripple’s XRPL Expands with DeFi Synergy & Investors Bullish on AI Altcoin’s Future Performance appeared first on Coinpedia Fintech News Ripple (XRP) has just made a significant move to unlock various decentralized finance capabilities on its XRPL blockchain as it launches its automated market maker (AMM) protocol that was developed on its blockchain.  The release of the AMM is expected to expand the decentralized capabilities of the XRP Ledger and allow for cross-chain uses among over 50 blockchains.…

Cardano (ADA) is again in the spotlight as crypto analysts continue to deliberate on its future trajectory. This time, crypto analyst Alan Santana has laid out a bearish narrative for the crypto token, which could cause its price to drop drastically.  How ADA Could Crash To $0.34 In his analysis, Santana stated that ADA’s breakout below the $0.58 price level, which has acted as support for the crypto token for five weeks, signals a bearish sentiment toward it. In line…

Tether Treasury has been actively minting USDT tokens amidst choppy market conditions. In the latest development, $3 billion worth of USDT tokens were mined by the Tether Treasury within a period of three days, according to an update by Lookonchain. The tokens were then distributed across the Ethereum and TRON blockchains. This surge in USDT minting has sparked curiosity regarding the destination. Since April 1st, approximately $2.55 billion USDT has flowed into prominent crypto exchanges, including Binance, Bitfinex, Kraken, and…