Speculation

XRP, at the center of a high-stakes legal battle with significant implications for the industry, has taken the lead in the recent surge in crypto prices amid growing speculation that Ripple, the blockchain payments company behind XRP, may be close to a settlement with US regulators. Ripple-SEC Legal Dispute Continues Over the past week, XRP has experienced a substantial rally of over 40%, reaching a current trading price of $0.6161. This marks the highest level XRP has reached since April,…

The post Dogecoin Derivatives Volume Surges over 90% Amid DOGE ETF Speculation appeared first on Coinpedia Fintech News Dogecoin is witnessing an epic surge in trading activity as the volume of derivatives on DOGE has increased by more than 90% in the last 24 hours. The turnover of Dogecoin perpetual futures has reached the $1.69 billion mark, almost doubling from the day before. Furthermore, the volume of DOGE trading on the spot market increased by 64.99% to $1.05 billion. Summing…

Speculation arises about a private meeting at SEC headquarters related to Ripple’s legal battle. A recent decision states that XRP is not a security when sold to the public. An ambassador from the Bitrue exchange, Brett Hill, tweeted recently, stressing the most recent advancements in the Ripple vs. SEC lawsuit. He disclosed that a private executive conference set for July 18, 2024, at the SEC headquarters in Washington is the subject of much speculation. BOOOOOOOM! private executive meeting at their…

Whale Alert reported 300 million XRP transferred from Binance to an unknown wallet. Another 37.39 million XRP was moved from an unknown wallet to Bitstamp. In the midst of increased attention to Ripple’s ongoing legal action and XRP’s technical moves, whale investors have made substantial efforts to accumulate the seventh-largest cryptocurrency by market cap. According to a tweet from Whale Alert, a whopping 300 million XRP tokens, worth $130.13 million at the time, were transferred from the cryptocurrency exchange Binance…

In a recent report by Reuters, speculation has emerged regarding the possibility of President Joe Biden withdrawing from the race for the White House, leading to a surge in interest around the newly created Kamala Horris (KAMA) meme coin.  These developments have sparked intrigue in political circles and garnered attention within the cryptocurrency industry. Biden’s Successor?  According to seven senior sources from the Biden campaign, the White House, and the Democratic National Committee, discussions are underway about Vice President Kamala…

The German government sold 900 BTC worth over $54 million on June 25. The government’s Bitcoin wallet still holds over $2.8 billion worth of BTC, which could exert significant selling pressure. The current instability in the crypto market has triggered a surge in transactions as both whales and investors reshuffle assets to navigate the downward momentum. This activity has revived long-dormant wallets and attracted attention from large-scale portfolio holders, including the German government. German Government Shuffles Bitcoin A crypto wallet…

Dell Technologies CEO Michael Dell has sparked a flurry of discussion and speculation within the crypto community after showing an interest in Bitcoin (BTC) on social media. This unexpected move by the tech billionaire has left many wondering if Dell Technologies might be considering a deeper foray into the crypto space, much like other high-profile executives in the tech industry. Is Dell Eyeing Bitcoin? CEO’s Social Media Moves Spark Speculation Dell initiated engagement with a tweet suggesting that “scarcity creates…

The post Shiba Inu Whales Transfer 2.55 Trillion SHIB from Exchanges, Sparking Investor Speculation appeared first on Coinpedia Fintech News Shiba Inu whales have withdrawn a major amount of 2.55 trillion SHIB tokens from exchanges, which includes 2.2 trillion worth $39.9 million from Robinhood and 353 billion valued at $6.6 million from Binance. These three large-scale transfers are brought to light by Whale Alert and LookIntoChain, and hints at a strategic repositioning amidst the market volatility. Moreover, these transactions fall…

The post Bitcoin Falls Under $67,000 Amid FOMC Rate Cut Speculation appeared first on Coinpedia Fintech News Bitcoin is trading at $66,886 after an intraday fall of 3.68%, down from its all-time high of $73,750. The market cap stands at $1.32 trillion with a 24-hour volume of $30.64 billion. This decline is linked to the upcoming FOMC meeting on June 12th, where potential rate cuts will be discussed. However, the likelihood of rate cuts is limited due to recent employment…