Ripple’s native cryptocurrency, XRP, is one of the few that has been increasing in value despite the general market downturn. The SEC action against Ripple is only one of several causes driving this uptick. Nonetheless, the case-related developments have prompted crypto whales to purchase additional XRP. According to Whalestats, the
There has been a 24% increase in the value of Huobi Token (HT) during the last day. The price of one HT has risen from its all-time low of $3.70 on November 13 to its current price of $7.22. The values of cryptocurrency tokens have taken a beating in the
While Bitcoin, Ethereum, and the rest of the cryptocurrency market have scarcely moved, Dogecoin has skyrocketed. There was a dramatic uptick in the price of Dogecoin, showing the strength of purchasers. DOGE has shown a clear breakthrough over a nearby resistance level, which may indicate a continuation of the current
There has been a series of recent occurrences in the world of cryptocurrencies. Because so many investors were drawn to the market, governments had to reevaluate the regulations that had previously been applied. There were still authorities trying to enforce the restrictive regulations that had been enacted by others. However,
A big rally occurred in the cryptocurrency market as whales swooped in to purchase the dip. Over a trillion Shiba Inu tokens were traded in the previous 24 hours, and whales amassed more than a trillion of them. The decision seems to be made in response to an invitation from
The price of XRP, Ripple’s native token, increased by almost 6% on Wednesday as the cryptocurrency market as a whole saw a wide rebound. On the XRP ledger, Ripple did, however, issue a report regarding real estate NFTs. It’s for this reason that crypto whales have been stocking up on
The initial proposal, number 10946, was submitted by Terra Grants Foundation (TGF) programme director and Professor Edward Kim. This proposal is to reserve 750M LUNC tokens for developers, projects, validators, and community members that make significant contributions to the Terra Classic resurrection between the months of May and October. Edward
In the midst of the turmoil caused by FTX’s insolvency in the cryptocurrency market, Litecoin (LTC) is starting to shine and climbed by over 45% this month, from $54 to $81. The bullish price momentum may be due to an improvement in its supply dynamics. The uptrend comes ahead of
On Tuesday, a court in the Netherlands extended the prison sentence of Alexey Pertsev, the programmer behind the cryptocurrency mixer Tornado Cash. Reportedly, the court rejected claims that Perstev lacked the authority to manage Tornado Cash. Moreover, prosecutors said that the developer is essential to the crypto mixer’s operation. The
Cardano’s first algorithmic stablecoin DJED will be released on the network’s mainnet in January 2023. As stated by the stablecoin’s issuer, COTI. Furthermore, this was announced on Monday at the Cardano Summit 2022 by COTI CEO Shahaf Bar-Geffen. And confirmed by the event’s verified Twitter account. This comes after it
