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
XRP Whale Moves 54 Million Tokens to Bitstamp, Selloff Incoming?
The post XRP Whale Moves 54 Million Tokens to Bitstamp, Selloff Incoming? appeared first on Coinpedia Fintech News In the last 24 hours, an XRP whale wallet address “r4wf7” moved a significant 54.4 million tokens worth $31 million to the Bitstamp wallet address “rDsbeomae4…g9vDiTCdBv,” as reported by the blockchain transaction tracker Whale Alert. The owner of this wallet is still unknown. XRP Whale Transferred 54M Tokens to Exchange Additionally, the whale transferred these massive tokens through two separate transactions of…
10 months ago
India’s Oil Transaction with UAE Using XRP Ledger: Is This the Catalyst for Altcoin Growth?
India has made a bold move by completing an oil transaction with the UAE using the XRP Ledger. This game-changing event raises the question: could altcoins see a surge in popularity as a result? Read this article to learn more. India's recent crude oil transaction using local currencies, bypassing the US Dollar, marks a significant shift in global trade dynamics. This development is integrated with the XRP Ledger System's CryptoTradingFund (CTF), allowing customers to earn CTF tokens as cashback on…
10 months ago
BlockDAG Rockets to Stellar Heights In CoinMarketCap, Secures $65.2M Presale as Litecoin Stumbles and XRP Climbs
The crypto arena is bustling with activity, marked by the contrasting fortunes of Litecoin (LTC) and Ripple’s XRP. While these two navigate through market uncertainties, BlockDAG has carved out a predicted spot within the top 30 on CoinMarketCap. The presale phase for BlockDAG has been nothing short of spectacular, amassing a whopping $65.2 million and boasting a 1600% value increase from its initial phase, rocketing it to the forefront of crypto success stories. Litecoin Faces Downward Drag Previously celebrated for…
10 months ago
Crypto Price Analysis 8-12 BTC, ETH, SOL, DOT, XRP, TON, WIF
Bitcoin (BTC) slipped below $60,000 on Sunday, going below even the $59,000 price level as markets tumbled over the weekend. BTC hit an intra-day high of $61,970 before turning bearish and falling to a low of $58,395. The BTC price chart shows that the 50-day SMA has dipped below the 200-day SMA. Buyers have also been struggling to build upon BTC’s sharp recovery on August 8, unable to get beyond $62,000, indicating sellers are highly active at upper levels. Sunday’s…
10 months ago
Was XRP Vs SEC Staged From The Beginning To Make XRP The First Regulated Cryptocurrency?
The post Was XRP Vs SEC Staged From The Beginning To Make XRP The First Regulated Cryptocurrency? appeared first on Coinpedia Fintech News Ben Armstrong aka Bitboy Crypto shared his thoughts on Ripple’s recent legal victory over the SEC, a case that had dragged on for years. The SEC walked away with a $125 million settlement, but Ripple and its cryptocurrency, XRP, emerged with the lion’s share of the victory. In an interview with Thinking Crypto, Bitboy Crypto didn’t hold…
10 months ago
ChatGpt Predicts XRP Price As Ripple vs SEC Lawsuit Sees Closure
The post ChatGpt Predicts XRP Price As Ripple vs SEC Lawsuit Sees Closure appeared first on Coinpedia Fintech News With a phenomenal price jump of almost 20%, Ripple’s legal victory pumps the XRP price high to the $0.60 mark. As the sentiments are intact, the bulls maintain trend control, and the daily chart indicators give a BUY signal. However, despite the lawsuit closure, the XRP still remains under the $1 psychological barrier amidst broader market uncertainty. So, to overlook the…
10 months ago
XRP Price Reaches Support: Will It Trigger a Turnaround?
XRP price started a downside correction from the $0.6480 resistance. The price is now testing the $0.550 support and might eye a fresh increase. XRP price started a downside correction below the $0.620 and $0.600 levels. The price is now trading below $0.600 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.5750 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase…
10 months ago
Tags
XRPTags
XRPXRP Breakout: Could It Skyrocket To $100? Analysts Share Their Predictions
Crypto market participants are paying attention to XRP. There has been a continuous bounce between trend lines, forming what analysts call a symmetrical triangle pattern. As a result of a pattern traced as far back as 2018, this digital asset could be set for a big move — but how? From eagle-eyed market sentinels who predict that XRP may soon break out to those who are walking on eggshells, the crypto community is overrun with predictions. The pattern shows a…
10 months ago
Ripple’s Legal Saga Ends Pushing XRP Price Higher, this Cheap Ethereum Token is Closely Following
The post Ripple’s Legal Saga Ends Pushing XRP Price Higher, this Cheap Ethereum Token is Closely Following appeared first on Coinpedia Fintech News Ripple (XRP) holders are preparing for exciting times for the XRP token as Ripple’s legal dispute with the SEC comes. With excitement building, many investors believe a new Ethereum token could follow suit. This move suggests that investors are seeking other tokens with huge growth opportunities in the face of Ripple’s surge. Let’s examine expert opinions and…
10 months ago