Since Donald Trump’s recent election win, a surge in the value of quirky cryptocurrencies, known as memecoins, has taken place. Traders are speculating that Trump’s administration will support crypto-friendly regulations, leading to an explosion of new tokens inspired by viral internet moments, including representations of animals and popular memes. Established memecoins like Dogecoin have seen ...
Bitcoin has seen a significant increase in inflows to centralized exchanges since December 1, indicating a potential selloff. Data shows a jump from a net outflow of $69 million to a net inflow of $326 million, with a major influx of $230 million on December 3. Overall, over $562 million entered these platforms recently. Activity ...
Bitcoin has recently experienced a significant increase in inflows to centralized exchanges, raising concerns about a potential selloff. Data shows that net inflows surged from a previous outflow to a striking $326 million, with over $562 million entering these platforms in total. Notably, activity among Bitcoin ‘whales,’ or large holders, has intensified, with a sharp ...
Dogecoin’s price fell by 16% to around $0.40 on Tuesday, following failed attempts to break past $0.50, leading many traders to reduce their positions. After experiencing a surge of 175% in November, the asset is now struggling to maintain momentum amid profit-taking activities. The open interest in Dogecoin futures also declined by $380 million, reflecting ...
Dogecoin’s price fell by 16% to around $0.40 on Tuesday, following failed attempts to break past $0.50, leading many traders to reduce their positions. After experiencing a surge of 175% in November, the asset is now struggling to maintain momentum amid profit-taking activities. The open interest in Dogecoin futures also declined by $380 million, reflecting ...
Bitcoin is on a path that could lead it to $100,000, contingent on the demand from short-term holders balancing profit-taking by long-term holders. After a notable decline, Bitcoin closed November at nearly $96,506, showing a 37.3% gain for the month. As December approaches, historical trends suggest that Bitcoin typically performs well during halving years, but ...
XRP has surged by 20%, reaching $2.44, and raising hopes it could hit $3 soon. With a Market cap of $132 billion, it stands as the fourth-largest cryptocurrency. Strong trading volume, especially on South Korea’s Upbit, supports this rise. Meanwhile, Shiba Inu is gaining attention, climbing above $0.00003 amid increased Market activity. However, both XRP ...
XRP, the cryptocurrency linked to Ripple, has reached an impressive multi-year high of $2.79, prompting positive remarks from Ripple’s CEO, Brad Garlinghouse. He noted that the recent increase could be influenced by the potential departure of SEC Chair Gary Gensler, which some believe would improve the crypto Market. Ripple’s legal victories against the SEC are ...
XRP has reached a new multi-year high of $2.79, making waves in the cryptocurrency Market. Ripple CEO Brad Garlinghouse shared his excitement on social media, linking the rise to the recent departure of SEC Chairman Gary Gensler. He believes this change will benefit the entire crypto community. Additionally, Ripple’s victory against the SEC is viewed ...
Last week was a rollercoaster for digital assets, but XRP really stood out, bringing in a record $95 million in investments—up 621% from the previous week. This surge has boosted XRP’s Market value to over $135 billion, with its price hitting $2.50, nearly 400% higher than last month. Overall, digital asset funds attracted $270 million ...
