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
Bloomberg Senior Analyst Faces Backlash from XRP Community Over XRP Joke
The post Bloomberg Senior Analyst Faces Backlash from XRP Community Over XRP Joke appeared first on Coinpedia Fintech News At a recent Bitcoin conference, Bloomberg’s senior crypto analyst, James Seyffart, found himself in the middle of a controversy after making a joke about XRP. The comment didn’t go unnoticed by the “XRP army,” a community of XRP supporters, who quickly took to social media to express their displeasure. Seyffart Joke On XRP The incident came to light after a tweet…
11 months ago
XRP, ADA and Other Altcoins To Stack Before Trump’s Speech In Nashville
The post XRP, ADA and Other Altcoins To Stack Before Trump’s Speech In Nashville appeared first on Coinpedia Fintech News Bitcoin has clawed back most of its losses from the week, with traders eagerly awaiting former U.S. President Donald Trump’s appearance at the Bitcoin 2024 conference in Nashville, Tennessee. Interestingly, Bitcoin gained more than 1% today as Trump seems to have shifted his stance on digital currencies this election cycle. Analyst Altcoin Buzz said that this week, crypto whales have…
11 months ago
Shiba Inu, XRP Forming Bullish Divergence, Analytics Firm Reveals
The on-chain analytics firm Santiment has revealed how Shiba Inu and XRP are among altcoins that are seeing a bullish divergence on the MVRV Z-Score. MVRV Z-Score Says XRP And Shiba Inu Traders Are Seeing Losses Currently In a new post on X, Santiment has discussed how the various top coins in the cryptocurrency sector look on the MVRV Z-Score. The “Market Value to Realized Value (MVRV) ratio” is a popular indicator that, in short, measures the deviation between the…
11 months ago
Analyst Says XRP Remains Strongest Compared To Bitcoin And Ethereum, Here’s Why
Crypto analyst RLinda has revealed that XRP is showing impressive strength despite the decline in Bitcoin and Ethereum’s price. She explained why XRP suddenly has such a bullish outlook, considering that the crypto token has underperformed since the start of the year. XRP Is The “Strongest” In The Market RLinda mentioned in a post on TradingView that XRP is the strongest in the market. She noted that the crypto token has been holding quite well as traders and investors are…
11 months ago
Wall Street Expert Sees 20x Potential In Ripple Via XRP And IPO
In a recent presentation, Linda P. Jones, a former Wall Street financial expert and author of the bestseller “3 Steps to Quantum Wealth: The Wealth Heiress’ Guide to Financial Freedom by Investing in Cryptocurrencies,” detailed her bullish outlook for Ripple, leveraging a valuation comparison with Coinbase and the potential of XRP. Why Ripple Could Be Massively Undervalued Jones began by noting Ripple’s present valuation on the Linqto investment platform at $7.5 billion—a stark contrast to its 2020 and 2022 valuations…
11 months ago
Crypto Backs Donald Trump: $4 Million War Chest In Bitcoin, XRP For Re-election
Former President Donald Trump is set to deliver a keynote address at the 2024 Bitcoin Conference in Nashville, Tennessee, this weekend, amid growing speculation that Trump may announce Bitcoin as a strategic reserve asset for the United States. This move could have a significant impact on the entire cryptocurrency industry. Bitcoin Contributions Support Trump and Vance’s Platform According to a CNBC report, Trump has raised over $4 million in campaign contributions from a variety of digital assets, including Bitcoin, Ethereum…
11 months ago
XRP Price Positioned for a Surge: Is Another Rally on the Horizon?
XRP price is holding gains above the $0.5920 zone. The price could gain bullish momentum if it clears the $0.6120 resistance level. XRP price is consolidating gains below the $0.6120 resistance zone. The price is now trading near $0.6050 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $0.6120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $0.5920…
11 months ago
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XRPDebunking Doubts: How XRP Could Achieve A 3-Digit Surge — Analyst
With strong forecasts and major endorsements, XRP is drawing fresh interest. Renowned crypto educator Common Sense Crypto has lately underlined the token’s ability to reach triple digits despite some doubts from some quarters. This positive view is based mostly on the ambitious projection of Ripple CEO Brad Garlinghouse for the larger crypto industry. Garlinghouse projected a $5 trillion market valuation for the crypto industry earlier this year—a number much beyond the $2.4 trillion market cap right now. Garlinghouse claims that…
11 months ago
Important News: Crypto Market Faces Major Decline, Ethereum Down 8% – What’s Going On with XRP Amid the SEC Meeting?
The cryptocurrency market has recently faced a notable downturn, with Ethereum seeing an 8.2% drop since the launch of its spot exchange traded funds (ETFs) in the US. This decline has sparked investor concerns about when the price might start to rise, with market analysts drawing parallels to the initial decline and subsequent surge seen with Bitcoin ETFs. Despite current market pressures, experts remain optimistic about Ethereum's long-term prospects, especially with potential Federal Reserve interest rate cuts on the horizon.…
11 months ago