[ad_1] XRP price started a strong increase above the $2.25 resistance zone. The price is up over 10% and might aim for a move above the $2.50 resistance zone. XRP price started a fresh increase above the $2.25 zone. The price is now trading above $2.30 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2.215 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.475 resistance. XRP Price Starts Fresh Increase XRP price started a decent…
Author: dfrancis36
[ad_1] In a series of public statements, Dennis Porter, CEO and founder of the non-profit advocacy organization Satoshi Act Fund, has raised expectations for what he describes as a landmark announcement related to Bitcoin. Speaking via the social media platform X, Porter indicated that the forthcoming development—scheduled for December 12—could mark a transformative milestone in BTC adoption, particularly within the United States. Most Important Bitcoin Announcement Of This Year? On December 10, Porter wrote: “It’s happening. The most important announcement in Bitcoin is happening live in less than 48 hours. This Strategic Bitcoin Reserve (SBR) announcement will rapidly speed up the…
[ad_1] While Bitcoin (BTC) has previously shown significant momentum in this market cycle, recent insights suggest that liquidity sources beyond Coinbase may be driving the trend. A CryptoQuant analyst, Mignolet, specifically provided a detailed analysis of Bitcoin’s market, shedding light on the role of major exchanges like Coinbase and Binance in the ongoing bull cycle. Shifting Liquidity Dynamics And Exchange Roles In a recent post on the CryptoQuant QuickTake platform titled “Coinbase Dominance Remains Low,” Mignolet examined the trajectory of Coinbase’s influence on Bitcoin’s price movements. The analyst highlighted that while Coinbase played a crucial role in the initial stages…
[ad_1] Key Takeaways:Major crypto companies like Circle and Kraken are set to launch IPOs in 2025, attracting significant investments.Bitcoin could surpass $200,000, with Ethereum and Solana potentially doubling and quintupling in value.Crypto integration into traditional finance will accelerate, with Coinbase likely joining the S&P 500 and clearer stablecoin regulations driving market growth.This year has been tremendous for the cryptocurrency market. Bitcoin price surged to its all-time high, Bitcoin ETFs inflows were the largest in history, and pro-crypto politicians won US elections. To add to the froth, Bitwise—one of the leading crypto ETF companies—has just issued 10 bold predictions for 2025…
[ad_1] A closely followed crypto trader believes that top memecoin Dogecoin (DOGE) could soar to double digits based on historical patterns. Crypto strategist Ali Martinez tells his 97,000 followers on the social media platform X that DOGE appears to be in the phase of the cycle when it pauses before skyrocketing to new record highs. The trader shares a chart suggesting that DOGE is mirroring its price action during the 2017 and 2021 market cycles while trading in a large ascending channel. “Check out where we are in the Dogecoin DOGE bull cycle! Very early, right? For that reason, I’m…
[ad_1] Este artículo también está disponible en español. Crypto analyst Dark Defender has revealed a target to watch out for as the XRP price targets a new all-time high (ATH). The analyst made this prediction based on his wave analysis, which showed that XRP is still bullish. XRP Price To Hit New ATH At $5.85 In an X post, Dark Defender predicted that the XRP price could reach a new ATH of $5.85 based on his ABC wave analysis. The analyst stated that XRP set the ABC wave when the crypto was at Wave A. He further noted that XRP…
[ad_1] A remarkable shift in sentiment and activity has been spotted among Bitcoin’s large investors also known as whales, especially wallet addresses holding more than 100 BTC in spite of recent price fluctuations, sparking discussions about the next trajectory of BTC’s price. A Sharp Uptick In 100+ Bitcoin Addresses Recent reports from advanced investment and on-chain data platform Alphractal show that the number of Bitcoin wallet addresses holding over 100 BTC has risen significantly, reflecting a growing accumulation of the digital asset among large-scale investors. Despite recent waning market performances, the rise in 100+ BTC addresses highlights increased confidence in…
[ad_1] Key Takeaways:The U.S. consumer price index was up 2.7% year-over-year for November, above the Fed’s target of 2%.Markets currently expect a rate cut of 0.25 percentage point in the forthcoming meeting.The positive news on the CPI resulted in a crypto market where several tokens rose in price.US November CPI and Its Impact on the MarketsThe US consumer price index increased by 0.2% from the previous month, according to the latest November CPI data released, in line with economists’ expectations. The core also jumped 0.3% MoM and kept steady its YoY rise at 3.3%. Although it’s far below almost 9%…
[ad_1] Este artículo también está disponible en español. Max Resnick, a reputable Ethereum expert, has taken a bold shift to the Solana blockchain. The change follows his departure from Consensys, where he played an important role in advancing Ethereum’s ecosystem. Given Resnick’s strong ties to Ethereum and growing enthusiasm for Solana, this unexpected decision has sparked debate in the cryptocurrency community. Related Reading Resnick wrote a blog post outlining his motivation for joining Solana, emphasizing his wish to become knowledgeable about the protocol’s main components, including consensus processes and fee markets. He clarified, “I want to get up to speed…
[ad_1] The cryptocurrency world is no stranger to rivalries, and the battle between the two $SHIRO tokens is a prime example of how competition can shape the narrative of a meme token. On one side is @CTOShiroNeko, also known as the “OG Shiro,” which claims to be the first $SHIRO token launched on Ethereum. On the other side is a newer $SHIRO project, launched in December 2024, which gained significant attention but also faced criticism for alleged unfair practices. Many have drawn comparisons to the story of $NEIRO, another Ethereum-based meme token, where one version dominated over its competitors by…