The world of cryptocurrency is a dynamic and ever-evolving realm, characterized by volatility, innovation, and opportunity. In this digital landscape, investors are constantly seeking the next big token poised for a breakout, eager to capitalize on lucrative returns. Amidst this quest, a prominent analyst, revered for his prowess in dissecting
In a dramatic turn of events, the global cryptocurrency market has witnessed a staggering 7.63% decrease, with its total market cap plummeting to $2.57 trillion over the last day. Bitcoin, the leading cryptocurrency has slumped to $67,000, marking an 8% decline. The downfall doesn’t end there; Bitcoin ETF inflows have
During the previous week, amidst a robust surge in the global market, XRP remained relatively subdued. However, today, the native token of Ripple, XRP, has displayed a notable uptick of 23.3%, surging from $0.60 to $0.74. Additionally, this surge has propelled XRP to the forefront as the top-performing cryptocurrency among
The XRP price recently broke down from a crucial 440-day ascending support trendline, but has managed to reclaim it this week, raising prospects of a bullish trend reversal materializing soon. The question now is whether XRP can sustain its rally to cement the outlook. Analysis of the weekly price charts
The current situation of Ripple’s XRP holdings was detailed in the company’s recently published voluntary Q4 2023 report. A significant reduction in Ripple’s XRP holdings, as shown in the report, suggests a change in strategy. From the third quarter of 2023 to the fourth quarter of the same year, Ripple’s
The world of cryptocurrencies has been a hotbed for investors seeking to turn small investments into substantial gains. While it’s true that the crypto market is highly volatile and comes with inherent risks, the potential for exponential growth cannot be ignored. If you’re wondering what to buy to turn your
After the biggest breach of 2024 thus far—a $112 million attack on Ripple co-founder Chris Larsen’s personal wallet on January 31—cryptocurrency exchange Binance froze $4.2 million worth of XRP. Richard Teng, CEO of Binance, took to social media to announce that the exchange has blocked the exploiter’s address. He also
XRP slipped over 5% in the last few hours, violating multiple price floors as bears seized short-term control. The token also fought to hold above the psychologically important $0.51 mark. The breakdown revives downside risks, depending on whether or not crucial support bottles up selling pressure. After spiking briefly on
ZachXBT, an on-chain independent investigator reported that a huge breach at Ripple had resulted in the loss of almost 213 million XRP, which is worth about $112.5 million. Major crypto firm’s security practices came under scrutiny after the event, which was revealed on January 31, 2024, caused widespread worry among
A prominent U.S.-based cryptocurrency exchange has successfully defended its users’ transaction data privacy amidst the ongoing XRP lawsuit involving Ripple Labs and plaintiff Vladi Zakinov. According to an on-chain investigator known as Mr. Huber, the U.S. court has sided with Kraken’s argument, dismissing the request for the direct transfer of
