On-chain data shows a slight uptick in the volume of XRP burns as more users choose to try out the Xahau Network sidechain. The XRP Ledger originally has a burn mechanism designed to control spam transactions on the network. However, the amount of coins being burned got a further uptick following the launch of the…
Internet Computer (ICP) has overtaken Shiba Inu to become the 18th-largest cryptocurrency by market cap after rallying over 187% in the past month. Internet Computer (ICP) recently stormed the crypto market following its tremendous rally. Data from CoinMarketCap (CMC) shows that ICP has rallied 52.8% in seven days and 187% on the monthly charts. Similarly,…
Shiba Inu (SHIB) is facing a strong selloff, triggering the debate on how high it could rise by the end of 2024. Shiba Inu is constantly facing a battle between the bulls and bears. The token has given up the gains accrued this year, falling 9.69% over the past 24 hours as the price drops…
This article outlines the amount a Shiba Inu (SHIB) investor would need to commit now to hit $1 million if SHIB clinches any of the ambitious price targets, such as $0.01, $0.05, and $0.09. Investors in the cryptocurrency market are always looking for the next big opportunity, and Shiba Inu has been making headlines. The…
A prominent figure in the crypto community has identified the Stronghold token SHX as a worthy investment following in-depth research. In a recent tweet, Versan Aljarrah, founder of BlackSwanCapitalist.io, disclosed his new discovery in the crypto scene amid the unfolding bull season. Aljarrah noted that he conducted an extensive analysis and investigation and found out…
Ripple earned a mention alongside other major cross-border money providers in a recent American Banker piece. Article on @YahooFinance from @AmerBanker mentions 5 alternative cross border payment companies, including #Ripple. The article rather obviously links to articles about each of them, except those about Ripple.. ¯_(ツ)_/¯https://t.co/RGHXpvw4KI — WrathofKahneman (@WKahneman) January 4, 2024 Payment-focused blockchain…
American multinational bank Goldman Sachs is looking to assume the position of an authorized participant for BlackRock and Grayscale’s Bitcoin ETFs. According to a CoinDesk report citing anonymous sources, the leading investment bank is currently holding discussions with the appropriate parties in a bid to become an authorized participant (AP) for the asset managers’ ETFs…
The anticipation surrounding potential approvals for spot Bitcoin Exchange Traded Fund (ETF) in the United States is high and current indications show the likelihood of securing the green light from the Securities and Exchange Commission (SEC) this month is high. According to a report from Fox Business Journalist Eleanor Terrett, citing sources close to the…
As the crypto community anticipates the bull market’s peak, early Ethereum advisor Steven Nerayoff has made favorable predictions for XRP. Nerayoff speculated that XRP will shine in the bull market. According to the crypto advisor, the current bull market started after Ripple secured a legal victory against the United States Securities and Exchange Commission (SEC)….
Amid the latest market-wide dump that brought XRP to the $0.50 territory, crypto market analyst Crypto Wzrd is projecting the potential formation of a bullish hammer on the daily chart. Yesterday saw a significant upheaval in the cryptocurrency market, with XRP caught in the crossfire. Bitcoin (BTC) collapsed to the $40,000 territory, while XRP slumped…