Fri, January 31

XRP Price Continues Bearish Momentum Despite Positive Developments

From changes in the price of XRP to the introduction of the RLUSD stablecoin, there has been a flurry of activity recently in the Ripple ecosystem. Ripple Labs’ chief technology officer David Schwartz discussed the RLUSD stablecoin, which was recently launched. In a video message shared on Ripple’s official X

December 23, 2024 2 mins read

Solana Price Faces Continued Decline Amid Ongoing Bearish Momentum

Solana (SOL) price maintained its poor performance by continuing its downward trend inside a tight price channel that it has been following for quite some time now. The whales have taken notice and are considering purchasing the dip as a result. For days now, the data from Coinshare has shown

December 22, 2024 2 mins read

Donald Trump’s Inauguration Draws Big Donations from Ondo, Ripple, Kraken

Since November 6th, following Donald Trump’s victory in the U.S. presidential election, the global cryptocurrency industry has been more excited than any other industry. To validate this, prominent companies in the cryptocurrency industry show strong support for President-elect Donald Trump by pledging millions to his inauguration fund, signaling their belief

December 21, 2024 2 mins read

XRP Disrupts BTC Dominance as Market Shifts Away from Traditional Alt Season

A major shift in cryptocurrency market dynamics has emerged as Bitcoin’s dominance experienced a 6% decline, with XRP capturing half of this movement through a 3% surge in its market share. This development marks a departure from traditional market patterns and suggests evolving trends in how capital flows through the

December 20, 2024 1 min read

Chainlink Shows Signs of Exhaustion as Whale Positions Contract and Momentum Wanes

After achieving a three-year high and an impressive 87% monthly gain, Chainlink’s market structure shows signs of strain as key metrics suggest waning momentum. The recent 5% pullback in 24 hours may signal a more significant shift in market dynamics, particularly when viewed alongside changes in whale behavior and technical

December 19, 2024 2 mins read

Cardano Eyed as Future “Lobbyist Currency” Despite Recent Market Turbulence

In a notable forecast that has captured the crypto community’s attention, WallStreetBets founder Jaime Rogozinksi has positioned Cardano’s ADA token as the future “official lobbyist currency” for 2025. This prediction, made amid broader market projections including SUI’s potential rise and Ripple’s stablecoin dominance, deserves careful analysis for its implications on

December 19, 2024 1 min read

Bitwise CIO Says Ethereum is Set for a Comeback in 2025

The crypto community has garnered shocking news with the Federal Reserve’s anti-Bitcoin stance, in the past day. This has triggered a major sell-off in the market which in turn as customary caused prices to plummet. Bitcoin fell to $100K while Ethereum retreated to its $3.6K zone.  Notably, the Ethereum ecosystem

December 19, 2024 2 mins read

XRP Faces Selling Pressure as RLUSD Launch Triggers $28M Exchange Inflow Surge

As Ripple prepares for the global launch of its RLUSD stablecoin, XRP experiences an interesting market dynamic where positive news has paradoxically triggered increased selling pressure. This phenomenon, while seemingly counterintuitive, reveals important insights about market psychology and short-term price movements. XRP Exchange Inflow Analysis The surge in exchange inflows

December 17, 2024 2 mins read

Solana Investor Demographics Shift as 2024 Accumulation Reaches 27% of Supply

The dynamics of Solana’s investor base have undergone a significant transformation, with data revealing that investors who entered the market in the past 6 to 12 months now control an impressive 27% of the total supply. This shift in ownership structure tells us something important about market sentiment and potential

December 17, 2024 2 mins read

Cardano Shows Technical Weakness as On-Chain Metrics Signal Growing Distribution Phase

Cardano’s recent price action presents a concerning picture as the cryptocurrency struggles to maintain stability around the psychologically important $1 level. The convergence of multiple technical and on-chain indicators suggests mounting pressure that could lead to further price deterioration. Understanding the Cardano Holder Dynamic The large holders’ netflow metric provides

December 16, 2024 2 mins read
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