XRP

The post 400M XRP Escrow Unlocked: Potential Price Surge Ahead appeared first on Coinpedia Fintech News 400 million XRP tokens have been released from escrow, raising speculation on price movements. A blockchain tracking platform, Whale Alert has disclosed this major unlock, valued at $213.9 million. However, the wallet’s owner remains undisclosed. The source of this unlock remains elusive unlike typical XRP escrow unlocks by Ripple Labs Inc. In fact, this incident coincides with a significant price hike of XRP, currently…

On-chain data shows that many old coins have moved on the XRP network recently, a sign that proved to be bearish for the coin last time. XRP Age Consumed Metric Has Registered A Large Spike According to data from the on-chain analytics firm Santiment, XRP has just observed a large movement of dormant coins similar to what the asset witnessed last month. The indicator of interest here is the “Age Consumed,” which shows “the amount of tokens changing addresses on…

The post Famous ETF Expert Reveals Bitcoin’s Next Move, Will SOL, XRP, ONDO and CYBRO Turn To Rise Price Pattern? appeared first on Coinpedia Fintech News A prominent ETF strategist has just made a decisive call on Bitcoin’s trajectory, capturing the attention of investors worldwide. As the hype around the 2024 bull run builds, market enthusiasts are eagerly eyeing potential breakthroughs for cryptocurrencies like SOL, XRP, ONDO, and CYBRO. This analysis comes at a pivotal moment, promising to dissect the…

The crypto market is constantly evolving, and certain cryptocurrencies show promising signs of substantial growth. This article highlights five cryptos that are expected to perform exceptionally well and potentially exceed the performance of XRP. As the bull run of 2024 gains momentum, these alternative coins garner attention for their potential to surge. Investors looking for opportunities in the burgeoning market will find valuable insights on these contenders set to make significant moves. BlastUP Token Projected to Soar 1000% By Year’s…

Dormant tokens in the XRP Ledger have begun to stir, setting the stage for May’s market activity. New data suggest the blockchain is seeing another “huge blast” in dormant XRP movement, alongside increasing open interest (AI). Surge in Old XRP Coin Movement According to Santiment’s Token Age Consumed metric, there has been a significant surge in the movement of old XRP coins on the ledger, similar to the spike observed just before the market downturn on April 13th, during which…

Bitcoin’s price went on quite the wild ride throughout the past seven days. The cryptocurrency is down 4.2% during that period but this summary doesn’t do the action any justice, so let’s dive in. The market was fairly calm in the beginning of the week, trading at around $64K with little signs of significant volatility. Things started going downhill after April 30th, however. It was then BTC took a massive hit, dropping toward $60K, sending many investors in panic. The…

This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum broke under $3,000 and closes this week with a 5% loss. This latest crash in the price made a lower low which shows bears are still in control of the price action. The current support is at $2,900 and buyers have to protect this level at all costs. If they fail, then the next major support will be found at $2,500. Looking…

Ripple’s price has been consolidating on against USDT and BTC, following a significant decline. Yet, things might be about to change for the better soon. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, XRP has recently rebounded from the $0.4 support level and has also broken back above the $0.5 zone. Yet, the market is currently retesting the $0.5 level. If it holds, the price will likely rally toward the $0.6 resistance zone and the 200-day moving average,…

The post Michael Saylor Indirectly Labels ETH, XRP, and ADA As Securities appeared first on Coinpedia Fintech News Michael Saylor, A strong Bitcoin Spokesman, who now believes that any other digital currency is inferior in tech and decentralization, predicts that a spot Ethereum ETF will not be approved this summer. He also mentioned that when the ETH ETF is not approved, it will be clear that is a commodity where he indirectly hinted at other Altcoins like BNB, SOL, ADA,…