Despite underperforming other major crypto assets in the past year, the best may be just ahead for XRP, with multiple analysts and indicators pointing to a meteoric rally to $11. XRP, the sixth-largest cryptocurrency by market capitalization, vastly underperformed other major assets in the last quarter of 2023, gaining a mild 17%. For comparison, Bitcoin…
With the hearing for the Coinbase and SEC lawsuit scheduled for tomorrow, top legal expert James Murphy has provided four potential outcomes of the case. The SEC v. Coinbase lawsuit has garnered massive attention within the crypto industry. According to multiple legal experts, the lawsuit’s outcome could set a precedent for regulating and classifying cryptos…
Despite a slowdown in the previous quarter, XRP beat other notable names such as SOL, BNB and DOGE in liquidity rank for Q4 2023, securing the third spot overall. The fourth quarter of 2023 was a favorable one for the crypto scene, as the broader market witnessed a massive uptrend due to increased interest. This…
The Shiba Inu ecosystem team has revealed the major benefit of having the ShibArmy by its side. No matter how solid a crypto project claims to be, it has a slim chance of gaining immense popularity in the market without the support of an active community. The team behind the Shiba Inu ecosystem recognizes this…
Data shows XRP has experienced one of its most pessimistic days in years, triggered by a thwarted hacking attempt involving a failed $15 billion transaction. The prominent market intelligence platform Santiment has issued an update on the recent unsuccessful hack incident involving the movement of over 25 billion XRP. Specifically, the update pertained to the…
The Ripple CTO David Schwartz recently shed light on the 25 billion XRP transaction attempt, which sought to exploit Bitfinex by leveraging the XRP Ledger (XRPL) partial payments feature. The Crypto Basic disclosed yesterday that Whale Alert, a leader in whale tracking services, erroneously sent out an alert for a 25 billion XRP transaction, giving…
Pro-XRP lawyer Bill Morgan has raised a pertinent question regarding Ripple’s potential Initial Public Offering in the United States. Attorney Morgan raised the question in response to predictions from Wall Street financial expert Linda P. Jones, who forecasted that Ripple’s much-anticipated IPO might occur in May 2024. “I think there’s an opportunity if Ripple wants…
In 2023, Solana (SOL) distinguished itself in the crypto market, with its SOL token becoming one of the top-performing assets. The Solana ecosystem saw significant growth, particularly in its developer community, where developer retention rates surged from 31% to over 50% in just three months. This growth was driven by enhanced developer onboarding and increasing…
Bitcoin (BTC) price may breach the key support level at $42,000, as current on-chain data shows miners are giving up their assets in a relatively unwholesome way. After initially flashing signs of recovery, Bitcoin’s price and market capitalization both skidded backward, dropping 1.31% in the past 24 hours to $42,285.19 and $830,514,189,967. The panic selling…
Analysts at popular U.S. bank JPMorgan expect newly launched spot Bitcoin ETFs to attract capital from existing crypto funds and investors. Following the widely anticipated launch of spot Bitcoin ETFs in the United States, the cryptocurrency market has witnessed a significant correction. The broad optimism that surrounded the launch of the products and the anticipated…