[ad_1] It’s a surprising performance for XRP in the crypto market today, alone spiking over 7% during the weekend rally led by Bitcoin’s attempt to breach the $65,000 mark. XRP made a high of $0.6304 but closed a bit lower at $0.6131. Even the slightest drop in this asset seemed to not deter its upward momentum, which continues to gain much attention. Related Reading Analysts are highly positive about the future of the altcoin, estimating a price increase of 25% in the next three months. The top analyst, Bobby A, believes that the value of XRP could go as high…
Author: dfrancis36
[ad_1] Marc Zeller, founder of the Aave Chan Initiative (ACI), has called for the dissolution of the Ethereum Foundation. This came following a recent transaction suggesting that the Foundation was again looking to sell the ETH top. Ethereum Foundation Should Be Dissolved After Purge And Verge Upgrades In an X (formerly Twitter) post, Zeller remarked that the Ethereum Foundation should be defunded and dissolved once the Purge and Verge upgrades are delivered. The crypto founder suggested that the Foundation’s budget was too outrageous, as he questioned what the foundation needed an annual budget of $100 million for. He added that…
[ad_1] Crypto analyst Man of Bitcoin recently provided insights into Bonk’s (BONK) trajectory using the Elliot Wave Theory. As part of his analysis, the analyst revealed how high the Solana meme coin could rise on its next leg up. BONK To Rise To $0.000027 On Next Leg Up In an X (formerly Twitter) post, Man Of Bitcoin predicted that BONK would reach $0.000027 in the third wave of his Elliot Wave analysis. The analyst noted that BONK already broke above the first wave of $0.000022, which confirms that it can indeed make such an impulsive move to that price level. …
[ad_1] Los Angeles-based Fruition Production has officially announced the November release of a new documentary titled “XRP Unleashed.” The studio disclosed plans for self-distribution through a detailed post on Via X, emphasizing a strategic pivot away from traditional Hollywood channels which have shown dwindling interest in backing unaffiliated new entrants. The documentary will be made available on platforms such as Apple TV and Amazon. “We are excited to announce that we are targeting the release of XRP unleashed for this November! We’ve taken matters into our own hands and are pursuing self distribution. This means the documentary will be available…
[ad_1] XRP price is consolidating above the $0.5920 level. The price could start a fresh increase if it clears the $0.6050 resistance zone. XRP price is eyeing a fresh increase from the $0.5920 level. The price is now trading below $0.600 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $0.6020 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.6050 resistance zone. XRP Price Aims Higher XRP price attempted another increase above the $0.6150 level. The price…
[ad_1] The three spot Bitcoin exchange-traded funds (ETFs) in Hong Kong have surpassed HK$2 billion (around $272 million) in assets under management since launching earlier this year.NEW: 🇭🇰 Hong Kong #Bitcoin ETFs surpass HK $2 billion in assets under management. China is getting prepared 🙌 pic.twitter.com/GQZC1Z5UFC— Bitcoin Magazine (@BitcoinMagazine) August 26, 2024 The milestone comes just months after Hong Kong approved its first spot bitcoin ETFs, following similar moves in the U.S. and Europe. The ETFs provide exposure to Bitcoin prices without directly owning Bitcoin.While volumes have been slower than U.S. Bitcoin ETFs, assets under management have steadily climbed. This…
[ad_1] Leading crypto analyst Miles Deutscher, boasting a substantial following of over 500,000 on X, spotlights the Tron ecosystem as the next significant opportunity for crypto investors. In his latest video analysis, Deutscher delves into the detailed metrics and developmental strides within Tron, highlighting the best altcoins to invest in. Crypto’s New Shiny Thing Deutscher’s video opens with an extensive review of the Tron blockchain, a platform that has recently outpaced many of its competitors in terms of Total Value Locked (TVL) and transaction volume. “Tron has now become the second-largest blockchain in terms of TVL, overtaking stalwarts like Solana…
[ad_1] The illegality of a bitcoin mining operation has recently attracted the attention of Thai authorities in the province of Ratchaburi, west of Bangkok. The August 23 raid followed string after string of complaints by locals over incessant power outages that had been ongoing for well over a month. It was discovered that the mining operation was the likely cause behind the disruptions by the Provincial Electricity Authority. Illegal Bitcoin Mine Operations Cracked Down In the operation, security authorities found bitcoin mining rigs mounted in a rental house. Consumption records of electricity gave abnormal figures; however, the payment records for…
[ad_1] The largest non-exchange holder of Solana (SOL)-based memecoin dogwifhat is continuing to accumulate WIF, according to on-chain data. Blockchain tracking firm Lookonchain says the Solana address that begins with “mmEAfW” has recently accumulated hundreds of thousands of WIF. “The largest holder of WIF spent 1.54 million USDC to buy 800,556 WIF at $1.92 again! This whale currently holds 28 million WIF ($53.23 million), and the profit on WIF has exceeded $77 million!” Source: Lookonchain/X Last week, Lookonchain shared a chart showing the whale’s accumulation process, buying aggressively during the run-up in March before offloading profits in April and May…
[ad_1] FET has been red-hot of late and is touting a price increase of over 60% this week, which is greater than some of the bigger cryptocurrency players such as Bitcoin, Solana, and TRON. A big chunk of this upward momentum is hailed directly from Fetch.ai’s new announcements, including a brand-new global Innovation Lab being opened in San Francisco, California, which is going to really push at the boundaries of AI technology. FET muscles its way up to a 60% weekly burst. Source: Coingecko Investors’ excitement has been driven by their ability to become a lab innovation driver, so FET…