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A popular cryptocurrency trader is pointing to the potential for a breakout rally in the battered Cardano token ADA. But he cautions that more downsides could still be ahead. In a recent tweet, trader Gareth Soloway highlighted a bullish chart pattern developing for ADA. The token appears to be forming
The remarkable developments in the SEC v. Ripple litigation have prompted financial analyst and Wall Street expert Linda P. Jones to proclaim that Ripple is not merely open to discussion, but is determining the parameters of it. This claim follows a string of findings in Ripple’s favor and confirms what
In a nod to the Uptober tradition, Solana (SOL) has witnessed a substantial resurgence, with its price making a notable rebound from the $26 threshold. Today, SOL has soared by an additional 7%, hitting a three-month high at $28.13. This significant performance continues to set Solana apart from the rest
Bitcoin’s rise over $29k has given altcoins substantial optimistic traction, allowing them to quickly regain lost ground. The SOL price makes a strong increase over the key $25 resistance level, signaling the start of a breakout rally amid the general market upswing. Solana (SOL) soared early Friday morning, breaking above
In a significant turn of events, XRP, the cryptocurrency associated with Ripple, experienced a significant surge in value, climbing over 9% early on Friday, reaching $0.529. This surge followed the U.S. Securities and Exchange Commission’s (SEC) decision to dismiss the lawsuit against Ripple executives, including CEO Brad Garlinghouse and Executive
Coinbase stated yesterday that it has been granted permission to provide perpetual futures trading in a number of cryptocurrencies, including XRP. The move indicates rising institutional interest in trading and speculating on several cryptocurrencies, including of XRP’s price volatility. However the exchange has been evasive about which nations would have
The first Cardano social networking app, Cardano Spot, was released yesterday. The burgeoning social network platform designed to unite and empower Cardano aficionados is now ready to provide a hand to indigenous initiatives. The Cardano Spot is a sophisticated hub for bringing in new members of the Cardano community and
According to analysis by altFINS, Solana has seen a bullish breakout from a falling wedge pattern, rallying 20% to reach the target resistance zone of $25–30. Short- and medium-term trends have now inflected to uptrend status. After breaking wedge resistance, Solana reached altFINS’ projected area of contention between $25 and
The widely utilized game platform Roblox has denied rumors that it plans to adopt XRP. Roblox’s admission comes after a number of news sources claimed yesterday that the gaming platform has “integrated” Ripple’s XRP as a payment via BitPay. Even after the tweet was taken down, however, rumors continued to
The SEC decided last Friday not to challenge a recent setback in the D.C. Circuit Court of Appeals. Grayscale Investments wanted to turn the Grayscale Bitcoin Trust (GBTC) into an ETF, but the SEC denied their application. Since the SEC did not appeal the decision, the court will overturn the
