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…
XRP
Bitcoin (BTC) Price Crash, Shiba Inu (SHIB) Developments, Ripple (XRP) Forecasts: Bits Recap April 15
TL;DR Bitcoin’s price fell by $10,000, possibly influenced by potential US rate hikes and geopolitical tensions, but showed signs of recovery with an anticipated boost from the upcoming halving event. Shiba Inu’s Shibarium network saw a significant increase in daily transactions, signaling growing activity and potential for future gains. Despite a recent price drop, analysts remain optimistic about XRP, viewing it as a buying opportunity with expectations for an upward trend. BTC’s Massive Plunge The last few days were not…
1 year ago
XRP Price Poised for 70% Surge Against BTC Post Bitcoin Halving: Here’s Why
XRP has been dipping against Bitcoin this year, but analysts point out that historically, XRP reverses the trend immediately after the halving as the altseason kicks into high gear. XRP/BTC has also been trading inside a falling wedge pattern for two months, setting it up to reverse the trend and flip bullish, with a 70% surge expected. XRP has underperformed in the current bull run, gaining a mere 1.5% in the past six months while others like Solana and Avalanche…
1 year ago
Bitcoin, Ethereum and XRP Price Prediction For This Week: Will Bears Dominate Halving Spree?
The post Bitcoin, Ethereum and XRP Price Prediction For This Week: Will Bears Dominate Halving Spree? appeared first on Coinpedia Fintech News The crypto markets took a hit from the rising CPI data in the U.S., increasing the volatility in the already volatile market. With close relations to the U.S. market, despite being the flag-bearer of decentralization, Bitcoin’s price crumbled this week. With a sharp 4% fall last night, Bitcoin’s price closed the day at $67,150, recovering from the low…
1 year ago
Ripple CEO Predicts XRP ETF Arrival: Volatility Awaited: Date and Price Prediction
Ripple CEO Brad Garlinghouse thinks more crypto ETFs are coming, including XRP, but it will take time due to SEC concerns. Market experts doubt SEC approval for an XRP ETF, citing regulatory hurdles and the absence of XRP on regulated platforms. In a recent appearance at the Paris Blockchain Week, Ripple’s CEO Brad Garlinghouse weighed in on the possibility of an XRP Exchange-Traded Fund (ETF) hitting the market. Amidst growing speculation and regulatory hurdles, Garlinghouse expressed optimism but acknowledged the…
1 year ago
Ripple Unleashes 500,000,000 XRP from Escrow, Price Holds Steady at $0.50 – Upswing of 10% Incoming?
Ripple has released the next batch of XRP tokens, unlocking 500 million XRP from the escrow. Although the release has previously raised investor jitters, but XRP prices remain stable and are tracking Bitcoin prices. Ripple has unlocked a substantial amount of XRP, raising concern among XRP investors. The recent release is part of Ripple’s 1 billion monthly release strategy that aims to maintain liquidity and control supply in the market. While these releases are crucial for maintaining market liquidity and…
1 year ago
Ripple Price Predictions Amid the Crash: Where’s XRP Headed?
TL;DR Ripple’s XRP dropped by 20% following a market downturn, yet some analysts see this as a buying opportunity. Several other optimistic predictions indicate a bullish outlook for the asset, with potential significant appreciation in its value expected soon. ‘XRP Dips For Buying, Not For Crying’ The cryptocurrency sector experienced a substantial correction on April 14, with its global market capitalization plunging to approximately $2.4 trillion. CryptoPotato reported that the adverse trend resulted in multi-million liquidations, mainly affecting long traders. Ripple’s XRP…
1 year ago
ChatGPT Analyzes if XRP Can Flip SOL if Ripple Wins Against the US SEC
TL;DR The lawsuit between Ripple and the SEC, concluding with a grand trial on April 23, could significantly influence XRP’s price and market capitalization. The asset’s value growth also depends on market dynamics and adoption by major financial institutions. Waiting for the Judge’s Decision The lengthy legal battle between Ripple and the US Securities and Exchange Commission (SEC) will move to a grand trial (scheduled for April 23), which is supposed to be the final chapter of the dispute. Industry participants…
1 year ago
Attention Traders: XRP Breaks Multi-Year Consolidation, May Drop Below $0.3 if This Trade Plays Out Well
The post Attention Traders: XRP Breaks Multi-Year Consolidation, May Drop Below $0.3 if This Trade Plays Out Well appeared first on Coinpedia Fintech News Ever since the XRP price faced a massive rejection in March 2022, the rally continued heading towards the south, discovering the lows below $0.3. As it triggered a rebound, it maintained a healthy upswing along the trend line that acted as strong support throughout the journey. However, the market dynamics appeared to have changed to a…
1 year ago
Outperforming Both XRP And ADA, The NFTFN Token Is Gearing Up To Lead The Next Wave of Crypto Innovations
The cryptocurrency market undergoes multiple cycles over the span of a year. Every market cycle shakes up the altcoin hierarchy, paving the way for newer tokens to take the centerstage. The latest crypto market cycle has shined the light on NFT Finance (NFTFN), a promising tokens with immense growth prospects. >> Be Among the FIRST! Get the Exclusive Perks From NFTFN Presale << As per crypto pundits, NFTFN has the potential to outperform established cryptocurrencies like XRP and Cardano (ADA).…
1 year ago