Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Ripple
Momentum Grows As DeeStream Platform Hits Headlines Globally Amid Binance Coin & Ripple (XRP) Corrections
In a sphere marked by market corrections and volatility, DeeStream (DST) emerges as a beacon of innovation and resilience within the global crypto sphere. Amidst the challenges faced by conventional streaming platforms such as censorship and lengthy withdrawal procedures, DeeStream (DST) gains global recognition for its decentralized approach to sharing content. The cornerstone of DeeStream (DST) triumph lies in its decentralized governance framework. Moreover, this empowers users to actively influence the platform's direction. Through community driven decision making mechanisms, token…
1 year ago
Analysts Predict 50X Growth For Presale DeeStream (DST) As Immutable (IMX) & Ripple (XRP) Holders Stampede New Streaming Innovation
After a huge scare in the market recently that saw many positions liquidated, investors are on the edge. Many tokens that were on good runs saw bumps in the road and others are now struggling to pick up the same momentum. Investors are searching for assets that could offer them more stability and good returns. Many investors have had to rethink their strategy and aim higher. In particular, new projects are becoming more popular. Many Immutable (IMX) and Ripple (XRP)…
1 year ago
Bitcoin, Ethereum, and Ripple: A Look at Potential Price Movements
Bitcoin's price could potentially drop to $60,000, still presenting a viable buying opportunity without negating its long-term bullish outlook. Ethereum's price may face a 10% reduction if Bitcoin's current weakness persists, while Ripple could see a 7% decrease to $0.5740 before its next upward trajectory. Bitcoin Price Prediction: Bitcoin Bulls Staying Positive Amid a market downturn that led to over $530 million in liquidations, the bullish sentiment for Bitcoin remains intact, suggesting the current dip could be an opportune moment…
1 year ago
Meme Coin Fever: Koala Coin (KLC) Sparks Investor Frenzy, from Ripple (XRP) to Litecoin (LTC)
As the crypto sector welcomes Koala Coin (KLC) enthusiasts and investors alike are abuzz with the prospects it brings. Standing at its initial phase and tagged with an enticing presale price of $0.014, Koala Coin (KLC) distinguishes itself as a groundbreaking entrant, attracting attention from Ripple (XRP) and Litecoin (LTC) investors. This innovative offering combines meme culture's infectious appeal with blockchain's structural integrity to provide a platform for laughter and fellowship. Koala Coin (KLC) Embrace the Laughter Koala Coin (KLC)…
1 year ago
Ripple Price Prediction: Is XRP on the Verge of a Massive Bull Run?
TL;DR Analysts predict a significant surge in XRP’s value, with optimistic projections based on recent trading patterns and technical analysis. Key factors for XRP’s potential rise include increased adoption and the outcome of the Ripple vs. SEC lawsuit What Are the Odds for a New Peak? Pro-XRP analysts remain unfazed by the asset’s price consolidation as of late, predicting this could be the beginning of a massive surge in the near future. The X user Dark Defender reminded that XRP…
1 year ago
Important Ripple v. SEC Lawsuit Update: What to Expect This Week?
TL;DR The Ripple vs. SEC legal battle is nearing its trial phase on April 23, with the regulator filing an important letter. The entities demonstrated a collaborative effort recently, filing a joint letter to address sealing issues related to the upcoming remedies briefing. The legal battle between Ripple and the US Securities and Exchange Commission (SEC), which has been ongoing for over three years, is nearing its final chapter – a trial scheduled on April 23. Prior to that, though,…
1 year ago
Coinbase Takes Ripple’s Side in Lawsuit With SEC
Cryptocurrency exchange Coinbase is seeking permission to file an amicus brief supporting Ripple Labs in its legal battle with a top federal regulator. The company argues that the Securities and Exchange Commission's (SEC) lawsuit against Ripple is unprincipled, and violates due process. Coinbase’s Defense for Ripple Per the amicus brief dated Monday, Coinbase claims the SEC did not provide fair notice that Ripple’s conduct was illegal, prior to suing the firm. An amicus curiae is a third party that isn’t…
3 years ago
Ripple Seeks Dismissal of SEC Lawsuit Alleging XRP Security Status
Ripple – the blockchain technology company behind XRP – is seeking dismissal of the Security and Exchange Commission (SEC)’s 2020 lawsuit against the firm. It claims that XRP does not constitute an “investment contract”, and thus cannot be called unregistered security. Can Ripple End the Lawsuit? As reported by BNN Bloomberg, Ripple’s weekend filing claims XRP investors do not have rights, and that Ripple is not required to act in their interests. It cited a lack of documents imposing such…
3 years ago
Ripple and Strike Founders Share Opposing Views on Proof of Work
Both Ripple co-founder Chris Larsen and Strike CEO Jack Mallers spoke extensively about proof of work (POW) at Bloomberg’s Crypto Summit on Tuesday. While the former believes the consensus mechanism is an existential threat to the planet, the latter sees no way that Bitcoin could function without it. Larsen: POW Has Poor Incentives During his interview, Larsen described Bitcoin mining as a “problem” responsible for contributing to the worldwide climate crisis. Rather than castigating miners themselves, he blames Bitcoin’s programming…
3 years ago