[ad_1] Este artículo también está disponible en español. Crypto analysts Amonyx and Egrag Crypto have provided a bullish outlook for the XRP price with “something big” on the horizon. Based on their analysis, the long-awaited price breakout for XRP could soon happen. Something Big Is Coming For XRP Price Crypto analyst Amonyx stated in an X post that something big is coming for the XRP price. His accompanying chart showed that the crypto could enjoy a massive rally to $75. The analyst made this prediction based on XRP replicating a similar run that it enjoyed in the 2017 bull run…
Author: dfrancis36
[ad_1] Shiba Inu is on the cusp of a significant transformation. Lucie (@LucieSHIB), the marketing lead for Shiba Inu, announced via X on October 17 that the Shiba Inu Decentralized Autonomous Organization (DAO) and the Shib Doggy DAO Foundation are “coming soon,” signaling a pivotal shift toward decentralization and community governance. “The time is almost here. As we approach the 2024/2025 launch, the Shib ecosystem is on the verge of a transformative shift that will put power into the hands of real holders,” Lucie stated. She emphasized that the upcoming DAO and Foundation are designed to exclude “trolls” and “FUD-spreaders”…
[ad_1] Este artículo también está disponible en español. On-chain data shows the Bitcoin whale transactions have spiked following the latest rally, a sign that profit-taking may have begun. Bitcoin Whale Transaction Count Now Highest In Over 10 Weeks According to data from the on-chain analytics firm Santiment, the Bitcoin whales have shown an increase in activity recently. The indicator of relevance here is the “Whale Transaction Count,” which keeps track of the total amount of transfers taking place on the BTC blockchain that are carrying a value of at least $100,000. When the value of this metric is high, it…
[ad_1] To the surprise of various community members, the Shiba Inu team has announced the postponement of the highly anticipated ShibaCon conference. Originally, scheduled to take place on November 9, the Shiba Inu team has decided to reschedule the ShibaCon conference till further notice, leaving many in the community wondering what prompted the sudden change. ShibaCon Conference Delayed On October 14, the Shiba Inu team released a statement via its official SHIB social media account on X (formerly Twitter). According to the team, the ShibaCon conference, which was scheduled to take place in Bangkok, Thailand, four days after the US Presidential elections on November…
[ad_1] A decentralized social media altcoin is nosediving just days after gaining support from the top US crypto exchange platform. New data reveals that social media token DEGEN went from a weekly high of $0.011 to $0.008 since being adopted by Coinbase on October 15th, a 27% drop. According to DEGEN’s website, the digital asset is a reward token for active participants of the decentralized social media platform Farcaster. Furthermore, it powers the Degen Chain, which is billed as a layer-3 built over Base, the blockchain of Coinbase. “DEGEN is a reward token for Farcaster users, born from meme culture.…
[ad_1] Este artículo también está disponible en español. Bitcoin is holding strong above $67,000 after setting a new local high of around $68,300, fueling excitement among investors. This bullish momentum is driven by price action and supported by key market data signaling a potential uptrend continuation. Related Reading Daan, a top crypto analyst, shared crucial insights showing that Bitcoin ETFs have been buying heavily for the past four days. This surge in institutional demand is a positive signal for the market, as it could further propel Bitcoin toward new all-time highs. The next few days will be critical for Bitcoin’s…
[ad_1] Tether’s USDT, the largest crypto stablecoin, recently celebrated its 10th year in the industry. The company’s growth has been impressive, thanks to its steady user base, holdings that include $97 billion in US government bonds, and its plans to partner with US law enforcement agencies to strengthen its brand. Now, the team behind Tether can find another reason to celebrate: data suggest that Tether’s USDT user growth recorded its best quarter in Q3 by adding 36.25 million new users. The company added that its quarterly user data has increased by 9% on average over the last 12 months, giving…
[ad_1] Este artículo también está disponible en español. The Bitcoin price has already been up by 10% in the past seven days, breaking above the $67,000 mark again in the last few hours. The Coinmarketcap Fear And Greed Index has now switched to greed in light of recent buying momentum and is showing no signs of slowing down. The buying pressure on Bitcoin has been so great in the past few days, leading to a huge decline in the number of BTC available on crypto exchanges. According to on-chain data, this has caused the Bitcoin exchange reserve to drop to…
[ad_1] Venture capital investment in the crypto sector declined in the third quarter of 2024, following a persistent downtrend that began earlier this year. However, while overall numbers were down, early-stage startups in AI and blockchain infrastructure obtained most of the investments.According to a report by Galaxy, the total venture capital investment in crypto and blockchain-focused startups reached $2.4 billion in Q3 2024, a 20% decline from the previous quarter. Similarly, the number of deals fell by 17%, with 478 deals completed.Venture Capital InvestmentsThis dip in activity is partly due to the ongoing sluggishness in the broader crypto market, which…
[ad_1] The Dogecoin price has rallied by over 7% in the last 24 hours, outperforming Bitcoin and Shiba Inu. This price rally is primarily thanks to the world’s richest man, Elon Musk, who continues to support the foremost meme coin indirectly. Why The Dogecoin Price Rallied By Over 7% The Dogecoin price rallied by over 7% following Musk’s tweet, in which he alluded to ‘D.O.G.E.’ Musk simply said in his post, “D.O.G.E will fix it,” in response to another post asserting that politicians and bureaucrats are the greatest threat to human progress and flourishing. The acronym stands for the ‘Department…