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August 12, 2024Ethereum

If XRP's market value equals Tesla's price prediction, here's the price prediction

XRP prices could reach ambitious double-digit levels if they can bring their market value to levels similar to that of electric car maker Tesla. The market has not been particularly favorable for XRP in the near term. While some top assets, including Bitcoin (BTC), have hit new all-time highs this cycle, XRP has...

August 10, 2024Ethereum

Why Crypto Educators Choose to Hold XRP Instead of Gold

Common Sense Crypto, a well-known cryptocurrency expert account dedicated to education, believes that XRP has advantages over gold and cites a key XRP use case. In a recent post, the expert behind the account expressed his concerns about various valuable...

August 9, 2024Ethereum

Veteran Trader Turns $100 into $100K Calls for End of Bias on XRP, Targets $600 Gains

Altstein, a widely followed trader who prides himself on quickly turning $100 into $100,000, advocated that now is the time to give up the hatred for XRP, predicting a rally of up to $6,00%. The experienced trader expressed this view in a recent post, highlighting the...

August 9, 2024Bitcoin

Ethereum founder Vitalik Buterin transferred 3,000 ETH worth $8 million as a donation or an internal adjustment

Ethereum co-creator Vitalik Buterin has been gaining attention in the cryptocurrency community lately for some high-profile trades he has made. His Ethereum address showed increased activity, leading to speculation and discussion among observers. Earlier today,...

August 8, 2024information

Russia legalizes crypto mining, Bitcoin surges by 6% to nearly $60,000

Russian President Vladimir Putin has signed a law legalizing cryptocurrency mining in Russia, a move that has sent the price of Bitcoin soaring toward $60,000. Russian news agency TASS captured information about the latest regulations. The report pointed out that the new bill introduced several key concepts...

August 8, 2024Altcoins

Daily stablecoin net inflows into exchanges exceed 1 billion, reaching a new high since April 2023

Recently, net inflows of stablecoins into cryptocurrency exchanges approached $1 billion in a single day, the largest figure since April 2023. The massive figure was recorded yesterday, according to on-chain data provided by market intelligence resource IntoTheBlock. The accompanying chart shows that in 20...

August 6, 2024information

Bitcoin big players raised $1.6 billion in BTC in 48 hours

Bitcoin major holders accumulated more than $1.6 billion in BTC tokens in 48 hours as the market continued to decline, creating a "buy on the dip" opportunity. Market analyst Ali Martinez drew attention to this accumulation wave in a recent X-Platform post. According to market intelligence resource San...

August 6, 2024Ethereum

XRP demand rebounds, recreating pre-lawsuit boom

According to data from analytics firm Kaiko, XRP’s trading volume has surged to highs not seen since before the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple. Blockchain researcher Colin Brown cited Kaiko's data and pointed out that XRP's market activity has recovered...

August 6, 2024Bitcoin

Top Ethereum whales took advantage of the price drop to buy 56,093 ETH

According to blockchain analytics platform Lookonchain, an entity called “7 Siblings” took advantage of the recent drop in Ethereum prices to purchase thousands of ETH tokens. Data from Lookonchain shows that the entity has quietly purchased 56,09...

August 4, 2024Ethereum

Where would XRP's price go if it reaches $1 trillion?

XRP price could surge as much as 2,893% to set a new all-time high value if the market capitalization reaches $1 trillion. Since the launch of Bitcoin (BTC) in January 2009, the crypto market has experienced exponential growth. This growth is directly due to Bitcoin and other cryptocurrencies...

August 4, 2024Ripple

Will Cardano reach $1 after this trendline breakout?

With a potential double bottom pattern emerging, Cardano is gearing up for a bull run to challenge the upper trendline. Will this rally result in a breakout to $1? While maintaining a downtrend on the daily chart, Cardano has taken a major beating in the past few months. Since April, A...

August 3, 2024Ethereum

XRP draws moon pattern, sets stage for lucrative profits: Wealth Advisor

Mickle, an American wealth advisor, believes that XRP has formed a moon pattern in its ongoing price trend, which has great profit potential for investors. XRP has not escaped the recent wave of cryptocurrency selling triggered by Bitcoin’s volatility. Earlier today, XRP regained last week’s 0...

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