[ad_1] XRP whales are on the move amidst a new surge in the wider market as the altcoin is currently grinding better than most would expect. The cryptocurrency has been on a roll in the past 24 hours, which has enabled it to outperform other large market-cap cryptocurrencies in both the 24-hour and seven-day time frames. It is interesting to note that this surge in the ultra-bullish XRP narrative can be partly linked to an increase in whale activity. According to both on-chain and exchange data, large wallets have increased their accumulation of XRP tokens. XRP Whales On The Move…
Author: dfrancis36
[ad_1] On Tuesday, July 16, Charles Hoskinson, founder of the blockchain platform Cardano, publicly offered to assist Elon Musk in addressing the escalating issue of account hacks and the proliferation of scam bots on X (formerly Twitter). Hoskinson’s proposal involves the integration of Decentralized Identifiers (DIDs), a concept endorsed by standards bodies like the World Wide Web Consortium (W3C), into X’s framework. What The Cardano Founder Offers Musk Hoskinson reached out directly via an X post, stating, “Elon, we need DIDs integrated into X. It solves all of these problems. Again, I’ll do it for free.” This offer was made…
[ad_1] The price of Injective has increased by over 25% in the past week, from a low of $17 to $23.27 this morning. Recently, the cryptocurrency market has been trending positively, and the substantial increase in Bitcoin’s price is a significant factor in this price ascent. The upbeat perception of Bitcoin has been a significant factor in the success of altcoins. Injective is one of the most significant beneficiaries. Related Reading A decent rise in trading volume has coincided with INJ’s price spike, suggesting increasing investor interest. With $512 million in 24-hour trading volume and a $2.17 billion market capitalisation,…
[ad_1] After six shaky weeks, starting in June, when Bitcoin plunged by over 15%, the coin is returning. As of this writing, prices continue to print higher highs, floating above $62,000. Bitcoin Shaking Off Weakness According to one analyst, pointing to on-chain metrics supplied by CryptoQuant, Bitcoin is turning the corner. There could be more gains in the coming few weeks or months. Technically, Bitcoin is within a bullish breakout formation, with a close above $60,000 critical for driving confidence. In the analyst’s preview, the last few weeks had Bitcoin bulls fighting a wave of fear, uncertainty, and doubt (FUD)…
[ad_1] XRP price extended its increase above the $0.550 resistance zone. The price is showing positive signs and might extend gains above $0.5850 and $0.600. XRP price started another increase above the $0.550 resistance zone. The price is now trading above $0.550 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $0.5620 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend gains if there is a close above the $0.600 resistance level. XRP Price Regains Strength XRP price formed a base above the $0.525 level…
[ad_1] A new method used by fraudsters has emerged, catching Solana (SOL) holders off guard on the Pump.fun platform, leading to significant losses. Going by the pseudonym “Short Form King”, a crypto researcher sheds light on this new trend and exposes the tactics used by these fraudsters. Rising Threat To Solana Holders A recent social media post by Short Form King reveals that the scammers behind common schemes have devised a new method that manages to fly under the radar of most people’s research processes, making it particularly effective and detrimental to unsuspecting Solana holders. According to Short Form King, scammers…
[ad_1] Currently, the price of BNB has been attempting a bullish momentum movement toward the bullish trendline. This bullish move which is the second attempt the crypto asset is making after a successful break below the trendline is sparking up optimism among traders and investors alike that a break above could ignite a potential rally toward the $635 resistance mark. As BNB’s bullish sentiment continues to build, this article aims to analyze its current price actions and technical indicators pointing toward sustained growth to provide readers with adequate insight into BNB’s potential future actions. BNB’s price is currently trading at…
[ad_1] On-chain data shows that long-term Bitcoin holders have seen their supply increase recently despite the FUD going around the market. Bitcoin HODLer Balance Has Registered An Increase Recently According to data from the market intelligence platform IntoTheBlock, the long-term holder supply has expanded recently. IntoTheBlock defines “long-term holders” (LTHs) or HODLers as those investors who have held onto their coins for at least one year. Statistically, the longer a holder keeps their coins dormant, the less likely they become to sell them at any point. As such, the LTHs, which tend to hold for relatively long periods, represent the…
[ad_1] In a new post on X, Miles Deutscher, a noted crypto analyst with over half a million followers, has proclaimed the current market condition as “one of the most bullish setups” he has seen in his six-year career in the crypto industry. Deutscher outlined ten pivotal catalysts that he believes are primed to drive the cryptocurrency markets higher in the near term. “There has been a lot of talk recently about headwinds (Germans selling, Gox, macro etc.). But the reality is, there is A LOT to look forward to,” Deutscher emphasized. 10 Reasons To Be Ultra Bullish On Crypto…
[ad_1] According to the latest report from The Irish Independent, San Francisco-based financial services provider Stripe has now broadened its cryptocurrency support to Europe. The expansion means users across the European Union can now buy Bitcoin and Ethereum using their credit or debit card linked with Stripe. This significant move by Stripe aims to integrate more fluid cryptocurrency transactions into everyday commerce, aligning with the growing trend of digital currency adoption across the globe. Benefits For EU Users The Irish Independent reported this expansion earlier today, noting that this update adds a “widget” that can be installed on online sellers’ websites.…