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Liquidity of Ether on US exchanges has plunged as much as 40% since the first spot Ether exchange-traded funds entered the market on July 23, 2024. That is a move rather expectedly coming for traders and analysts that had previously viewed the ETFs as a means to improve market liquidity and therefore stabilize prices. Instead, [...]
The post Ether Liquidity Plummets 40% On Exchanges After ETF Debut appeared first on Crypto Breaking News.
Dogecoin has had its ups and downs in the past seven days: from breaking down below a support at $0.095, to bouncing back up and hitting notable resistance at $0.099. Following this brief rally, Dogecoin experienced another downward shift as the bulls were unable to maintain the momentum. It dropped once again, breaking through several [...]
The post Dogecoin Price Prediction: Extended Consolidation Or A Break Below/Above? appeared first on Crypto Breaking News.
Helium (HNT) defeats the markets bearishness as its new developments drive hype for the long term. According to CoinGecko, HNT rose by 13% despite the markets continued fall in the short term. HNT has been boosted by continued on-chain developments that have driven the limelight towards the platform. However, with the market dips continuing to [...]
The post Helium (HNT) Network Expansion Fuels 13% Gains Despite Faltering Market appeared first on Crypto Breaking News.
The crypto market is experiencing a notable shift in liquidity as investors acquire massive amounts of stablecoins due to market uncertainties in the last few months. CryptoQuant analyst with username Percival has provided more insights into this trend of capital rotation. Open Interest In Crypto Market Shrinks As Stablecoins See Liquidity Influx Following a rather [...]
The post Traders Move $4.7 Billion To Stablecoins Amid Crypto Market Uncertainty Details appeared first on Crypto Breaking News.
The Bitcoin price dropped below $54,000 on September 6 as the flagship crypto experienced a massive wave of sell-offs from traders. This price decline was sparked by developments on the macroeconomic side, which painted a bearish outlook for Bitcoin. Related Reading: Cardano Bull Sees ADA Jumping 1,000% In An Insane Rally Bitcoin Slides Following Weak Job Report Bitcoins price retreated following a weak August job report. Data from the US Bureau of Labor showed that the unemployment rate fell to 4.2% while the labor market added 142,000 nonfarm payroll jobs. While the unemployment rate was in line with expectations, the job additions were lower than the expected 164,000, initially estimated by market experts. This further casts doubt on Bitcoins trajectory, considering how fragile the US economy looks at the moment. This poses a threat to risk assets like the flagship crypto. The bearish outlook for Bitcoin was further heightened by the revisions to the July and June job reports, which showed that the US added fewer jobs than was initially reported in those months. Earlier, Bitcoin had already had an unpleasant start to September, which is historically very bearish for the leading crypto. NewsBTC reported that Bitcoin had suffered a price crash earlier in the week due to the markets still feeling the effects of the Yen carry trade and following significant volatility in the US stock market, with over $1.05 million being wiped out on September 3. Macroeconomic factors remain primarily responsible for Bitcoins recent bearish price action and the broader crypto market, especially with a rate cut from the US Federal Reserve still in the balance. It is worth mentioning that the July job reports (the lowest job additions over the last two years) and the Yen carry trade were responsible for the August 5 market crash, which caused Bitcoin to drop below $50,000. Interestingly, Arthur Hayes, the co-founder of the BitMEX crypto exchange, stated that he expects Bitcoin to drop below $50,000 this weekend, revealing that he had opened a short position. A Rate Cut Looking More Unlikely For a while now, the crypto market has been anticipating that the Fed will cut interest rates at its next FOMC meeting, which will be held between September 17 and 18. Bernstein analysts predicted that this move would provide some form of bullish momentum for Bitcoins price. However, a rate cut, especially by 50 basis points (bps), is now unlikely following the release of the job data. Crypto commentator The Kobeissi Letter highlighted in an X (formerly Twitter) post that the odds for a 50bps have dropped to 23% on the prediction markets. The Fed might no longer be in a hurry to cut rates since the situation in the labor market isnt as bad as it was initially feared following the release of the July jobs report. Related Reading: Aptos (APT) Dips 15% As New Innovations Fail To Spark Momentum Whatever happens, crypto analysts like CryptoCon are confident that the worst is almost over for Bitcoin. CryptoCon recently noted that Bitcoin was mirroring its price action from the 2016 market cycle and suggested that the flagship crypto was gearing up for its next leg up, which would take it to a new all-time high (ATH). At the time of writing, Bitcoin is trading at around $54,150, down almost 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from EastMojo, chart from TradingView
Although the market dips even further after weak macro releases, Starknet (STRK) remains bullish with developments that offset the markets fear, uncertainty, and doubt. According to CoinGecko, STRK rose nearly 23% since last week, keeping much of the bearish momentum at bay. On-chain developments have held investor confidence highly, with a major push for improving [...]
The post Starknet (STRK) Rises 23%, Offsets Crypto Market Fear And Doubt appeared first on Crypto Breaking News.
Although the market is attempting to rebound from its weak September start, some altcoins – including Aptos (APT) – continue to freefall despite the bulls’ attempts to make a return. According to CoinGecko, APTs current performance is lackluster with the token falling 15% since last week. Related Reading: Investors Lose Sight Of MATIC As It Drops 16% Ahead Of Network Upgrade Meanwhile, Korea Blockchain Week has generated quite a lot of buzz for Aptos. During this event, several on-chain developments have been revealed. Although positive developments on-chain are a great sign of long-term growth for the platform, investors and traders are still struggling to overcome the markets fear, uncertainty and doubt. Aptos Continues Drive Down Towards $5.74 As of writing, APT bulls have been aiming to wrestle control of the tokens momentum in the short term. However, the bears are pressing their advantage, targeting $5.74 in the short-term timeframe after flipping the $6.12 support to resistance. The markets continuous downward trajectory is the primary reason for APTs underperformance. Driven by FUD from the broader financial market that bled to the crypto market, APT might face continued losses in the coming weeks. APTs relative strength index (RSI) suggests that the tokens downward trajectory will continue well below the $5.74 support level. If this occurs, it might lead to a bigger sell-off localized on APTs market. This thesis has a larger possibility to occur as CoinGlass notes that short positions outnumber long positions in the past 24 hours further strengthening the tokens bearish trajectory. Investors and traders should monitor the coming release of macro indicators due today. As the markets continue to price in a broader downturn, positive macros will provide the needed boost for both the traditional markets and the crypto market in the long term. Korea Blockchain Week Reveals New Developments On Aptos The Aptos Experience in Korea Blockchain Week continues to garner the attention of the community. Arculus, a digital security platform, has partnered with Aptos for the platforms Aptos card. This has made tap-to-pay on Aptos possible, improving the utility of the token and the platform itself. Related Reading: Monero (XMR) Unfazed By Market Jitters, Climbs 13% Details On-chain, Aptos has also expanded since the start of the year. According to the Head of Ecosystem of Aptos Labs Neil Harounian, the platform has recorded $2 billion in bridged volume with the total value locked (TVL) on chain ballooning 3x since the end of 2023. This panel on stablecoin and payments at @Aptos Experience is with panelists from: – @Visa on enabling payments cross-border – @PayPal on the speed and finality of digital payments on Aptos – @IDAfi24 on building regional regulated stablecoin on Aptos Stablecoin summer & pic.twitter.com/R5aeRKMTVn JC | TowneSquare (@realjcz) September 5, 2024 The Aptos Experience also hosted a talk about stablecoins and payments on Aptos. Market giants like Visa and PayPal joined in, providing insight into how stablecoins might be implemented to solve real-world problems. With the ecosystem continuing to innovate and expand through on-chain development, Aptos could still grab a spot in the long-term side of the market. Featured image from Medium, chart from TradingView
A strong outlier in the current market situation, Monero (XMR) moves against the broader downturn that plagues the market. According to CoinGecko, Monero gained nearly 13% since last week, putting the coin under the spotlight as one of the strongest gainers within the bear market. Moneros simplicity lends itself to its focus on privacy and [...]
The post Monero (XMR) Unfazed By Market Jitters, Climbs 13% Details appeared first on Crypto Breaking News.
A Kamala Harris-inspired memecoin recently jumped over 10% after the US Vice President received public endorsement from Vladimir Putin. The Russian president expressed his support for the Democratic candidate on Thursday, fueling a surge in the PolitiFi tokens activity. Putin Endorses Kamala Harris’ Campaign As the US elections get closer, the presidential candidates continue to [...]
The post KAMA Memecoin Soars 10% Following Putins Endorsement Of Kamala Harris appeared first on Crypto Breaking News.
Bearish sentiment remains supreme in the market today as RENDER flashes red, losing more value on the weekly timeframe. According to CoinGecko, the token bled by 18% since last week, continuing the bearish market consensus. With the market continuing to underperform, the altcoin might be on the pain train in the next couple of weeks. [...]
The post RENDER Flashes Red With 18% Short-Term Loss Details appeared first on Crypto Breaking News.
MATIC suffers another string of losses as the broader market pullback forces the bulls to the defensive. According to CoinGecko, the Polygon Network native coin has bled 16% more since last week as the bears reverse gains made back in August. This move occurred despite Polygon Networks upcoming upgrade that switches MATIC to POL, improving [...]
The post Investors Lose Sight Of MATIC As It Drops 16% Ahead Of Network Upgrade appeared first on Crypto Breaking News.
Raoul Pal, the founder of Real Vision and a recognized figure in the crypto community, has issued a stark warning about the rapidly approaching transformations in the global economy, driven by unprecedented technological advancements. In his latest video, Pal, who has long advocated for an understanding of what he calls the “exponential age,” claims that the coming years will bring about the largest changes humanity has ever experienced, due to the rapid development of artificial intelligence (AI) and robotics. According to Pal, we are nearing what he terms the “economic singularity,” a point beyond which current economic, market, and business frameworks will no longer be applicable. By about 2030, things are going to become not understandable by using the existing frameworks of economics, financial analysis, markets, and that kind of stuff, Pal explains. Pal He asserts that AI and robotics are advancing at a pace that will soon outstrip human capacity to adapt under current economic systems. Falling birth rates and aging populations across developed nations are leading to a decline in the traditional economic drivers of GDP growth. Moreover, Pal notes that productivity has not kept up with technological capability, and most new debt is simply servicing old debts, not creating new economic value. Related Reading: Grayscales Bullish Forecast: The Top 20 Crypto To Watch In Q4 The most significant aspect of Pal’s warning concerns the role of AI in the economy. He believes that AI will reach and surpass human levels of intelligence across all areas of knowledge, fundamentally altering the landscape of labor and productivity. AI is basically infinite human knowledge now […] As these models scale, the breakthroughs come through, and the average IQ of AI goes from 100 to 400, and then on to a million times the intelligence of a human, Pal states. This immense growth in AI capabilities is expected to lead to what Pal describes as infinite productivity and a near-zero marginal cost of electricity, primarily due to advances in renewable energy technologies. He argues that these factors will lead to massive deflationary pressures as goods and services become increasingly inexpensive to produce. The Key Role Of Crypto Pal is particularly bullish on the transformative power of blockchain technology and cryptocurrencies in this context. He describes a future economic model where “AI agents” perform tasks and transact autonomously using cryptocurrencies, given their ability to operate independently of traditional banking systems. Related Reading: VP Kamala Harriss First Speech On Crypto Sparks 7% Rise In This Memecoin Obviously, we’ll probably need crypto payments to pay you. […] I think we’ll use cryptocurrency to do that because last thing I checked, AI can’t get a bank account – it’s never going to transfer money over SWIFT, never going to happen, Pal remarks. Pal urges viewers to recognize the urgency of investing in cryptocurrencies. He advises that the window for capitalizing on these technologies is closing fast, with only about six years left to make substantial gains before traditional economic and market structures transform irreversibly. “We’re going to have to go through this together and we have to be smart and try and figure it out as we go but I do know that this idea of 6 years to make as much money as possible is really important and I do think that the real answer to this, as far as I can see, is cryptocurrency because it is the best performing asset in the world and of all time. So I think that’s the one thing we can lean in, it has a huge future, Pal says. At press time, Bitcoin traded at $63,588. Featured image from YouTube, chart from TradingView.com
Stacks struggles to stand on level ground as it continues to fall despite the markets attempt to rebound in the short term. According to CoinGecko, STX bled 15% since last week with the token attempting to reverse the downward momentum with a nearly 4% uptick in the past 24 hours. Related Reading: SUI Crashes 23% As September Unleashes Market PanicIs A Comeback Possible? Stacks has been teasing the community, creating hype for the upcoming Nakamoto Upgrade with their 21 Days of Nakamoto event. The event, which commenced back on the 28th of August, started September with a whole suite of surprises for investors and community members. NFTs And Financial Grants Back On The Menu For Stacks On a recent X post, Megapont was revealed to be Stackss September 3 surprise for the celebration of the upcoming mainnet release of the Nakamoto upgrade. Megapont is an NFT project, launched and operates primarily on the Stacks blockchain. Lets celebrate a mega upgrade for Stacks! And who better to celebrate with than something truly mega… Welcome back, @MegapontNFT! Orange List: https://t.co/fOeckrNRVH pic.twitter.com/Z46xH5g1QL stacks.btc (@Stacks) September 2, 2024 The project released Nakapack, a 5,000-strong NFT collection to be given out to the Stacks community. Users on the platform can mint the NFTs without a fee, but they need to be whitelisted for this to happen. Despite 95% of circulated NFTs now being deemed worthless by a recent report, Megaponts dedication to its community might spark interest in NFTs within the Bitcoin L2 ecosystem. STXCUSD trading at $1.51 on the 24-hour chart: TradingView.com Another development that will support Stacks in the long term is the second cohort of grants for community-voted programs on-chain. On the thread, seven programs were featured each granted $50,000 to aid their development process. In total, over 31 programs have been given financial assistance. $1.3-$1.6 Chokes STXs Upside Potential As of writing, STX is held tightly by the $1.3-$1.6 trading range, hampering the tokens upside potential shortly. This leaves the bulls in an interesting position which has the opportunity to break through the $1.7 price ceiling. STXs relative strength index (RSI) suggests that the token will attempt to stabilize in its current trading range which gives the bulls a much-needed platform to jump out from. However, its relatively stable level reveals that the bears still have some strength, enough to cancel the bullish momentum thats currently forming. Related Reading: Ripple Unleashes 1 Billion XRP: Could This Trigger A Price Tsunami? In the short term, the bears will have the upper hand unless the market makes another leap forward, creating enough momentum for STX to have a breakthrough. However, the meager gains the broader market experienced have little to no effect on STXs future performance. Fear, uncertainty, and doubt still plagues market sentiment for the token. For now, investors and traders should exercise caution while monitoring the broader markets movement before making a decision. STXs significant correlation with BTC is both a boon and a curse for investors as any swing made by the latter will have a strong influence on the performance of the former. Featured image from Host Merchant Services, chart from TradingView
The legal team for WazirX said today that the exchanges customers doubt whether the exchange should be made whole in crypto terms. Another Jolt For The Affected WazirX Users Leading Indian cryptocurrency exchange WazirX suffered a massive security breach on July 18, 2024, resulting in hackers stealing $230 million of customers digital assets. In the [...]
The post WazirX Heist: Legal Advisers Doubt Full Crypto Recovery For Customers appeared first on Crypto Breaking News.
Internet Computer (ICP) continues to impress investors as it captures gains despite the market being down a few percent today. According to the latest market data, the token is up 16% since last week, a confirmation for some that ICP will continue to trend upward in the coming days. Related Reading: XRP Set To Soar Nearly 900% To $31, Analyst Highlights Key Resistance Despite the markets undeniable bullishness, a reversal might be forming in the coming days, threatening this month’s gains. However, with investors anticipating Uptober, there might still be room for investors to squeeze in some gains as the month ends. Rejection At $9.90 Might Force Investors Below $9.23 As of writing, ICPs upward trajectory is threatened by a rejection by the $9.90 resistance level which might force the token well below $9.23 if the sentiment reversal continues to strengthen. Considering that the $9.23 support level is quite weak, the bearish thesis holds a lot of weight on the portfolios of investors. ICPs current trajectory started at the start of August and continued to mature and develop over the month. Although it seems that this drive will be continuous, experiencing only a couple of dips here and there, the current rejection coupled with the markets dip today, the token might be on the path of losses in the coming days. The relative strength index (RSI) is also signaling that ICP bulls will hit their threshold in the coming days, which will lead to the token suffering a pullback. If the token does not stabilize at its current price level, ICP bears will have the momentum to break through the $9.23 support level with $8.09 as the target. However, if the token stabilizes it has the potential to achieve a breakthrough on the $9.64 resistance with the target set at $11.41. Internet Computer: Network Activity Skyrockets As Fees Surge Token Terminal, a crypto market data aggregate, recently shared that Internet Computer network activity over the month has surged, leading to a surge in fees. This led to the platform beating other L1s in the category as it reached an over 5,000% increase in the past 30 days. BREAKING: Internet Computer has generated more fees than @Optimism, @arbitrum, @avax, and @0xPolygon in the past 30 days. pic.twitter.com/lqaUoA5cc9 Token Terminal (@tokenterminal) September 24, 2024 According to the platform, the jump in activity is due to bob.fun, a blockchain built on top of ICP that creates a secure record book while using the underlying platform for security. In a recent discussion at the Token2049 in Singapore, Dominic Williams, the Founder and Chief Scientist of the DFINITY foundation, talked about how Compute is the cornerstone of modern society. When youre running software or a system on the ICP network, it never crashes or stops running, said Williams. Related Reading: UNI Surges 30% Amid Ongoing On-Chain Development Talks With the use case for ICP as a security and compute layer, network activity on the platform may continue to trend upward in the coming months. Featured image from Pexels, chart from TradingView
Bitcoin has been on an incredible price momentum for the past two weeks. This momentum, which took many by surprise, saw Bitcoin breaking above the psychological $65,000 price level again. According to price data, Bitcoin traded as low as $52,820 on September 6. Related Reading: Bitcoin Breaks $65K With $365 Million In Spot ETF Inflows Fueling The Rally Its recent rebound to $66,300 indicates that the king of cryptocurrencies has recovered substantially by 25.5% in two weeks. According to Coinglass data, this marks the biggest gains recorded by Bitcoin in September since 2013. Yet, despite this impressive rally, a significant number of traders continue to bet against BTC. This ongoing trend has set the stage for a potential short squeeze, which could send the coin’s price soaring to new all-time highs in October. Here’s a closer look at how this is happening and what could unfold next. Short Positions Dominate Exchange According to crypto analyst Ali Martinez, who shared his insights on social media platform X, a surprising 57.77% of Binance users with open positions are shorting Bitcoin. This means that many traders are betting on the price of Bitcoin to decline, even as it maintains a strong upward momentum. 57.77% of @binance users with open positions are shorting #Bitcoin! pic.twitter.com/bWQ4d5n6MJ Ali (@ali_charts) September 27, 2024 However, considering the institutional and whale inflow into Bitcoin, especially through Spot Bitcoin ETFs, Bitcoin is still largely in the position to keep trending upwards in the coming week. The combination of such inflows and the significant volume of short positions creates the potential for a short squeeze as we move into October. As September comes to an end, many traders are keeping an eye on October, which is historically a bullish month for BTC (Uptober). Bitcoin has often performed well in the fourth quarter, which is when the industry typically sees increased buying pressure and institutional inflows. Such a short squeeze could further push the crypto’s price beyond its previous all-time high of $73,737 and into new price territories. Bitcoin: Short-Term Correction On The Horizon? While the outlook for BTC is generally bullish, there is also the possibility of a short-term correction in the price over the coming days. The TD Sequential indicator, a popular tool used by traders to identify potential price reversals, has flashed a sell signal on the 4-hour chart. This phenomenon was noted by Ali Martinez, suggesting that Bitcoin could experience a brief pullback before resuming its upward trajectory. Related Reading: Stacks: New Network Upgrades Push STX Price Up By 18% Details Such a correction would serve as a consolidation phase after two weeks of bullish price action, giving the market time to reset before the next big move. Following this trend, it could also potentially trigger more traders to go short, further fueling the potential for a bigger short squeeze when BTC rebounds. At the time of writing, Bitcoin is trading at $65,658. Featured image from CNBC, chart from TradingView
Meme coin PEPE has been on an impressive rally for some time now. Stemming from a broader influx of funds into the meme coin sector and the overall cryptocurrency market that has been in motion for the past two weeks, PEPE is currently up by 38% in the last seven days, outperforming its meme coin counterparts with larger market caps. Related Reading: UNI Surges 30% Amid Ongoing On-Chain Development Talks Interestingly, this impressive price action has seen PEPE breaking out of a downtrend pattern that has lasted for the past six months. This significant development was highlighted on the social media platform X by well-known crypto analyst Captain Faibik. According to the analyst, PEPE’s price action has resulted in an upward breakout from a symmetrical triangle pattern, a technical formation that has been dictating its consolidation period for half a year. Breakout From 6-Month Consolidation Pattern Using a PEPE / Tether US chart shared on social media platform X, Captain Faibik highlighted PEPE’s price action since the beginning of the year. The chart showed that since it reached its all-time high of $0.00001717 on May 27, 2024, PEPE has yet to return to this price point. Periods of rallies have been characterized by the formation of lower highs and higher lows, leading to the formation of a symmetrical triangle pattern. PEPE’s recent 38% rally has seen the meme coin break out substantially from the upper resistance trendline of the symmetrical triangle. From this point, the only place left to go is up. Analyst Predicts 351% Surge To New ATH With the breakout confirmed, Captain Faibik has set a bullish price target for PEPE. In terms of a price target, Captain Faibik noted that PEPE is now clear for a rally to a new all-time high. Specifically, he predicted a rally to a price target of $0.00003214. Getting to this price point would necessitate PEPE stepping into new price territories. Furthermore, the price target means PEPE would need to surge by an impressive 351.69% from its breakout point. Given the meme coin’s recent history, such a price surge is very possible, especially as the crypto industry is now transitioning into a predicted bullish fourth quarter. As always with meme coins, extreme volatility and rapid price changes are expected. This is because investments in meme coins largely depend on the general sentiment among cryptocurrencies like Bitcoin, Ethereum, and sometimes Dogecoin (the king of meme coins). Related Reading: XRP Set To Soar Nearly 900% To $31, Analyst Highlights Key Resistance At the time of writing, PEPE is trading at $0.00001125, still on a 38% gain throughout last week. Other meme coins are on comparable gains in this time frame. Shiba Inu (SHIB) is up by 32%, Dogwifhat (WIF) rose by 33%, Bonk (BONK) climbed by 30%, and Floki (FLOKI) added 23%. Dogecoin (DOGE), on the other hand, is up by a smaller 17% in the past seven days. These gains could continue into the coming week as the market remains bullish. Featured image from Rolling Stone, chart from TradingView
XRP aficionados are ecstatic when market analyst EGRAG predicted an 888% increase in the cryptocurrency’s value. This optimism isn’t just wishful thinking; it’s based on trends seen on XRP’s one-month chart that mirror the cryptocurrency’s rapid success in 2017. As XRP struggles to reclaim prior highs, many traders wonder if this is the beginning of another bull run. Related Reading: Stacks: New Network Upgrades Push STX Price Up By 18% Details EGRAG’s chart analysis shows that XRP almost touched the red rising support line four times. The pattern is similar to the price movements this currency experienced during the 2017 bull run as XRP popped from a value of $0.003 to a solid $3.31 in January 2018.The repeat of this pattern suggests that XRP may soon embark on a similar course. #XRP 888.88% – The Secret Behind the 8’s : Check out the chart below its presenting a crucial pattern showing #XRP is echoing the chart behavior from 2017! Back then, the Red Ascending Support Line was tapped 4 times before sparking the legendary 2017 #BullRun. pic.twitter.com/dXPeZisHmA EGRAG CRYPTO (@egragcrypto) September 27, 2024 Breaking Through Key Resistance Levels But what would make XRP reach such an explosion? According to EGRAG, the first big resistance stands at the all-time high of $3.31. He feels that when this price will be recaptured, it will lay the groundwork for a rally. Interestingly, EGRAG implies that just 20% of the gains observed in 2017 could pave the way for a new rise, matching the important Fibonacci extension level of $31. If it does break to $31, that will be a reflection of market sentiment at the moment and might even draw more investors in. Statistical data shows that in previous bull runs, price milestones greatly influenced market psychology. In fact, the rise from $0.003 to $3.31 was not only influenced by numbers but also because people saw XRP as something that would revolutionize the entire crypto space. XRP Price Forecast However, the recent estimates given by CoinCodex add more optimism to this view. The crypto price prediction site anticipated a possible increase in the price of XRP by 19.78% by the end of October 28, 2024, and it could peak high to $0.71033. This is because the market sentiment is seen as bullish, with the Fear & Greed Index spotted at 64, representing investor greed. A greed rating sometimes causes a new increase in price, making this a quite attractive opportunity for the potential buyers to take action. Related Reading: Bitcoin Breaks $65K With $365 Million In Spot ETF Inflows Fueling The Rally Throughout the month, XRP has recorded 16 out of 30 days in the green, which translates into a positive rate of 53%. Given that the price volatility is low at 3.73%, the above statistics paint a pretty rosy picture for traders eager to make a profit when there’s a breakout. Optimism is palpable and traders are focusing their hawkish eyes on critical resistance points that will probably act as important hurdles going forward. Featured image from Fortune, chart from TradingView
The lawsuit between Ripple and the United States Securities and Exchange Commission (SEC) has in fact not ended, as new reports of the regulator possibly opposing the courts decision have surfaced. If the SEC decides to proceed with the appeal, Ripple could be drawn into an even longer and more tedious legal dispute, extending the [...]
The post Ripple Vs. SEC Battle Far From Over As Regulator Opposes Courts Decision appeared first on Crypto Breaking News.
Uniswaps UNI has grown in favor of investors as the token continues its upward trajectory in the face of crucial on-chain developments. According to CoinGecko, the token surged 30% since last month, keeping the token on the green zone. With the markets renewed bullishness, UNI might be on the road for some gains in the [...]
The post UNI Surges 30% Amid Ongoing On-Chain Development Talks appeared first on Crypto Breaking News.
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