With Bitcoin plunging below $40,000 lately, we have highlighted three major reasons behind this massive price decline. The world’s largest cryptocurrency by market capitalization, Bitcoin (BTC), suffered a devastating collapse recently, plunging below $40,000 for the first time since December. Bitcoin’s latest price plunge brought its market cap to around $774.82 billion. However, its 24-hour…
Popular AI tool Google Bard lays out some ambitious Shiba Inu price predictions for the next three years. There are over 1.6 million Shiba Inu holders, with more than 66% of these investors currently in losses. For such investors, reliable predictions on the future price of Shiba Inu offer hope of respite and confidence that…
XRP price remains in its bearish state amid sustained broader market selloff The cryptocurrency market shows no signs of recovery, as the leading assets, Bitcoin (BTC) and Ethereum (ETH), remain down by 2.88% and 3.95% to $39,736 and $2,322, respectively. XRP is in the bearish league as well, dropping by 2.59% in the past 24…
Blockchain addresses linked to the crypto exchange Bitvavo have moved a significant amount of Shiba Inu as the cryptocurrency’s price struggles. Bitvavo, a leading European cryptocurrency exchange, may have shuffled 4.2 trillion (approximately $38 million) across its wallets, on-chain data reveals. The transfer took place on January 22 at 16:15 UTC and represented one of…
Crypto enthusiasts spot inconsistency in the SEC’s legal argument after the regulator claimed that crypto assets themselves represent the embodiment of an investment contract. This was the SEC lawyers’ position in yesterday’s legal hearing centered on Binance’s attempt to get an enforcement action from the securities regulator dismissed. SEC v. Binance Dismissal Hearing For context,…
XRP traders on Gemini now have an opportunity to extend their exposure to the cryptocurrency, as the U.S.-based exchange officially launches XRP perpetual contracts. Gemini has finally unveiled the reason behind its latest social campaign around XRP. The exchange disclosed in a post on X this morning that it plans to launch perpetual contracts for…
The TD Sequential indicator has spotted a new buy signal on the XRP chart amid the prevailing bearish market trend. Over the past week, XRP faced a decline of over 8.18% in its value, succumbing to bearish pressure and settling its market value at $0.5291. The asset experienced an even more pronounced setback of 14.15%…
With Shibarium surpassing the 300 million transaction mark, the Shiba Inu has taken to the X platform to celebrate the jaw-dropping milestone. The team behind the Shiba Inu ecosystem has reacted to the recent feat achieved by its Layer-2 (L2) blockchain Shibarium. Shibarium Total Transactions Surpasses 300 Million For context, Shibarium achieved a significant milestone…
Blockchain Backer, a seasoned market analyst, has called attention to the current XRP price condition in a YouTube analysis, highlighting the prerequisites for a breakout. The analysis, which focuses on XRP’s historical price movements, was recently spotlighted by the Good Morning Crypto podcast. In the analysis, Blockchain Backer noted XRP’s apparent readiness for an upward…
As Shiba Inu navigates the market-wide storm, AI chatbots Google Bard and ChatGPT have projected possible timelines for the crypto asset to hit $0.0003, $0.003, and $0.03. Shiba Inu has been a victim of the ongoing market onslaught, recently breaking below the pivotal $0.000010 price threshold. The crypto asset currently trades for $0.00000936, down 9.36%…