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Dimitar Dzhondzhorov



Articles by Dimitar Dzhondzhorov

Key Ripple Metrics Head North: Is the XRP Price Ready for Another Rally?

11 days ago

TL;DR
XRP surged to $1.44 with increased network activity signaling growing interest and potential for further gains.
Analysts predict targets of $2 soon and over $4 by Christmas, driven by bullish momentum.

XRP’s Resurgence
Ripple’s native token has been flying high recently, with its price jumping to a three-year high of $1.60 on November 23. In the following days, it headed south alongside the broader market correction, but the past 24 hours have been more than successful.
Currently, XRP trades at around $1.44, representing a 10% daily increase. Its market capitalization is well above $80 billion, positioning the asset as the sixth-largest in the entire sector.
XRP Price, Source: CoinGeckoThe revival coincides with some important XRP-related metrics that have been on

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Is Cryptoqueen Ruja Ignatova Alive and Hiding in South Africa? (Report)

15 days ago

One of the most popular individuals in the crypto world (and not for good reasons), Ruja Ignatova, also known as the “Cryptoqueen,” is the founder of the fraudulent scheme OneCoin, which embezzled over $4 billion from victims.
Ignatova is considered the mastermind of the scam, but her whereabouts have remained unknown since she was last spotted in Greece in 2017. Many conspiracy theories indicate that she might be dead or hiding on a luxurious yacht in the Mediterranean Sea. The latest investigation suggested that she could have found shelter in Cape Town, South Africa.
The Search Goes on
Ignatova is wanted by multiple law enforcement agencies for her main role in the crypto scam called OneCoin. For instance, the US Federal Bureau of Investigation (FBI) has placed her on

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Top Ripple (XRP) Price Predictions as of Late

18 days ago

TL;DR
XRP surged by double digits in the past week, with analysts predicting additional gains of up to $8.
Rumors of SEC Chair Gary Gensler’s replacement with a new pro-crypto leader could aid Ripple’s legal issues, driving XRP’s growth further.

The Potential Journey to a New ATH
Ripple’s XRP was unable to join the massive bull run of the cryptocurrency market following Donald Trump’s win in the US presidential elections. However, in the past week, it followed suit and even outperformed all of the top 20 digital assets. As of the time of this writing, it trades at $1.13 (per CoinGecko’s data), representing a 67% increase on a seven-day scale.
XRP Price, Source: CoinGeckoThe resurgence fueled huge enthusiasm across the XRP community, while multiple analysts predicted

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Important Binance Announcement Affecting Certain XRP, ADA, and DOGE Traders: Details

23 days ago

TL;DR
Binance launched a special promotion on specific JPY trading pairs, potentially aiming to attract Japanese traders and boost activity.
This move coincided with a substantial surge in the assets’ prices.

Benefits to These Traders
The world’s biggest crypto exchange launched a zero-fee trading promotion for all users on the ADA/JPY, DOGE/JPY, and XRP/JPY spot trading pairs. The promotion period will run from today (November 15) to November 27.
“The trading volume on ADA/JPY, DOGE/JPY, and XRP/JPY spot trading pairs will be excluded from the VIP tier volume calculation and all Liquidity Provider programs during the Promotion Period, where applicable,” the company explained.
JPY is the symbol of the Japanese national currency (the yen), and Binance’s effort could be

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4 Reasons Why Bitcoin’s (BTC) Price Might See a Short-Term Correction

25 days ago

TL;DR
Certain on-chain metrics suggest overbought conditions, flashing the sell signal on BTC.
The Fear and Greed Index is currently in the “Extreme Greed” zone, which could indicate a local top and a subsequent price decline.

The Bearish Signals
Bitcoin (BTC) has been the talk of the town recently. It entered a massive bull run mode since Donald Trump’s win in the US presidential elections last week, with its price reaching a record high of $92,000 on November 13. However, some important factors suggest that it could pull back from these heights.
BTC Price, Source: CoinGeckoThe first element we will focus on is BTC’s Relative Strength Index (RSI). The technical analysis tool measures the speed and change of price movements, varying from 0 to 100.
Readings above 70 show

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XRP at $2 Before 24’s End or the Bears Will Retake Control? (Ripple Price Predictions)

26 days ago

TL;DR
XRP saw strong gains in the last 24 hours, with analysts suggesting it could follow Dogecoin’s recent rally toward higher targets.
The SEC lawsuit adds uncertainty to the asset’s performance, but Trump’s win has raised hopes for drastic changes at the regulator.

XRP to Cope DOGE’s Rally?
Many leading cryptocurrencies charted fresh daily gains today (November 12), and this time, Ripple’s XRP is among the best performers. Its price is up 9% on a 24-hour scale, briefly surging to an eight-month high of $0.67 and currently trading at approximately $0.64 (per CoinGecko’s data).
XRP Price, Source: CoinGeckoAccording to numerous market observers, XRP is poised to experience a major bull run soon, similar to other altcoins that have taken center stage lately.
The X user

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This Trending Meme Coin Enters Crypto’s Top 100 Club Following Support From Coinbase

November 7, 2024

TL;DR
One particular meme coin experienced a substantial price boost after Coinbase listed perpetual contracts with the asset.
Its surge contrasts the downtrend observed with some leading memes such as DOGE and SHIB today (November 7).

Pumping Again
The dog-themed meme coin Neiro (NEIRO) saw its price soaring by over 20% in the past 24 hours, reaching a three-week peak of around $0.002. Its market capitalization exceeded $900 million, thus positioning the asset as the 96th-biggest in the entire sector and the ninth-largest in its niche.
NEIRO Price, Source: CoinGeckoThe most probable reason triggering the rally is Coinbase’s decision to allow trading services with the asset. Specifically, the US-based crypto exchange launched NEIRO perpetual contracts.

Our NEIRO-PERP

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This Viral Streamer Lost $700K Worth of BTC Betting on Kamala Harris to Win

November 6, 2024

TL;DR
Popular Canadian online streamer missed a profit of almost $1 million worth of BTC after betting on Harris to become president.
Trump’s victory fueled a crypto rally, with bitcoin reaching a new peak of over $75K.

Betting on the Wrong Horse?
The US presidential elections are undoubtedly among this year’s hottest topics. The latest results show that the 47th president of the country will be Republican Donald Trump, who secured vital victories in swing states like Pennsylvania, Georgia, and North Carolina. 
His win led to a massive resurgence of the cryptocurrency market. Therefore, it was cheered by numerous proponents of the asset class and investors. 
However, it is not beneficial to everyone. The popular Canadian online streamer Félix Lengyel, better known as xQc,

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Here’s When the Ripple (XRP) Price Can Say ‘Goodbye’ to $1 for Good (Analyst)

November 6, 2024

TL;DR
XRP lagged behind other assets despite a market rally tied to Trump’s win. However, some analysts remain hopeful for a breakout if it clears key price levels.
Ripple’s CEO Brad Garlinghouse welcomed the Trump victory, calling for changes like replacing SEC Chair Gensler and clarifying Ethereum’s regulatory status.

XRP is Late for the Party… Again
The cryptocurrency market has been on a tear in the past several hours, caused by Donald Trump’s triumph in the US presidential elections. The Republican has presented himself as the right choice for those in favor of the asset class, promising to let bitcoin thrive and hinting at establishing a national BTC reserve. 
Earlier today, the price of the primary cryptocurrency tapped a new all-time high of over $75K, while

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These Altcoins Explode by Over 70% Following Listings on Binance: Details

November 6, 2024

TL;DR
Binance added two new cryptocurrencies to its platform, causing a substantial price rally for the affected ones.
However, those were listed with seed tags, meaning users should be increasingly cautious when entering the ecosystem.

The Price Boost
Binance announced the listing of the altcoins Cow Protocol (COW) and Cetus Protocol (CETUS). The newly introduced trading pairs include COW/USDT and CETUS/USDT, and clients can now start depositing. Withdrawals will be available from November 7. 
Trading Bots & Spot Copy Trading services will be enabled on the same day. “For users with running Spot Copy Trading portfolios, pairs can be included by enabling them in the [Personal Pair Preference] section of the Spot Copy Trading settings,” the company clarified.
It is

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Major Shiba Inu (SHIB) Warning: Team Sounds the Alarm

November 5, 2024

TL;DR
Community members are advised to follow official sources and avoid interactions with anyone claiming access to exclusive tokens or rewards.
Fake groups and impersonators on Telegram are targeting users, so the team urges caution with linking wallets or sharing personal info.

Another Alert
Shiba Inu’s solid community (comprised of investors, proponents, and developers) is often targeted by bad actors who try to con victims and drain their funds.
Earlier this week, Shibarium Trustwatch (an X account that aims to provide security) warned users that the SHIB-related meme coins SHI and TREAT are not live yet. This means people should not interact with dubious individuals who claim the opposite and offer tempting opportunities. 
The team advised users to follow the

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Top Ripple (XRP) Price Predictions as of Late

November 4, 2024

TL;DR
Analysts foresee a potential XRP rally, envisioning a surge to $0.90 if the asset clears crucial resistance points, despite recent underperformance.
The US presidential election results could fuel enhanced volatility for the entire crypto market and Ripple’s native token particularly.

‘Bearish Outlook or a Strong Bullish Trend?’
Despite its slight resurgence in the past 24 hours, Ripple’s XRP remains one of the poorest performers (from crypto’s top 10 list) on a monthly scale. It currently trades at around $0.51 (per CoinGecko’s data), representing a 4% decline for that period.
XRP Price, Source: CoinGeckoNumerous market observers, though, believe an XRP bull run is incoming. One of those is the X user EGRAG CRYPTO who claimed the asset’s price chart has been

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This Meme Coin Pumps 15% Following Support From Binance: Details

November 4, 2024

TL;DR
Binance’s support for certain tokens drives price surges, as seen with recent additions.
Delistings from the platform often lead to significant drops for affected tokens.

The Binance Effect
Most leading cryptocurrencies have recorded little to no price volatility in the past 24 hours, seemingly preparing for action after the final results of the US presidential elections (set for November 5).
However, some assets still charted substantial gains amid the overall consolidation. One example is the Solana-based meme coin Ponke (PONKE). 
Its price soared by over 15% minutes after Binance launched PONKE/USDT perpetual contracts. The offering allows up to 75x leverage and enables clients to employ other assets (such as bitcoin) as margin.
PONKE Price, Source:

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Bitcoin (BTC) Price to Hit New ATH as Long as It Stays Above This Resistance Zone (Analyst)

October 31, 2024

TL;DR
Analysts share optimistic BTC price predictions. One trader thinks a parabolic increase of $300K is possible sometime next year.
The US presidential election on November 5 may drive BTC volatility due to candidates’ contrasting crypto policies.

New Peak Under This Condition
Bitcoin’s price has been one of the hottest topics in the crypto space in the past few days. It pumped to as high as $73,600 (just $150 away from tapping a new all-time high) on October 29 before slightly retreating to its current $72,200 (per CoinGecko’s data).
BTC Price, Source: CoinGeckoSomewhat expectedly, the impressive performance caught the eye of numerous industry participants, many of whom predicted that a fresh peak might be just around the corner. One of those who chipped in is the

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Ripple’s Larsen Explains Why He Donated $10M Worth of XRP to Harris’ Presidential Campaign

October 30, 2024

TL;DR
Ripple co-founder Chris Larsen endorsed Kamala Harris, citing her pro-innovation stance and connections to the Bay Area tech scene.
The US presidential candidate recently voiced support for a crypto regulatory framework aimed at protecting vulnerable groups but has yet to provide specific policy details.

‘Excited About Harris’ Economic Message’
The US presidential elections are less than a week away (scheduled for November 5), with Republican Donald Trump facing Democrat Kamala Harris. According to many industry participants, the former is the better choice for pro-crypto voters, considering his favorable stance toward the sector (shown over the past several months).
Trump also promised to fire the US SEC’s Chairman, Gary Gensler, if emerging victorious. The agency

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Bitcoin Price Predictions: This Important Metric Suggests Incoming ATH for BTC (Analyst)

October 28, 2024

TL;DR
Analysts anticipate a strong BTC rally, driven by bullish market signals and potential accumulation by large entities.
On the other hand, high profitability among holders may suggest a short-term price correction.

BTC Explosive Rally Incoming?
The leading digital asset traded sideways over the past weekend, ranging from $66,500 to $67,500. However, the start of the new week offered a new resurgence, with BTC soaring well above $68,500.
BTC Price, Source: CoinGeckoMultiple analysts spotted the price increase, envisioning a much more exponential pump in the near future. The popular X user Mikybull Crypto claimed that BTC experienced a “golden cross” several hours ago. The trader noted that such a development was witnessed exactly one year ago and was followed by a

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Barcelona and Real Madrid Legends Accused of Endorsing a €3 Billion Crypto Ponzi (Report)

October 26, 2024

The cryptocurrency sector comprises various legitimate projects and innovations but is also rife with fraudulent schemes.
One such scam reportedly pocketed billions of euros from its unsuspecting clients after using popular football players as backers.
Painful Losses Following the Footballers’ Involvement
El Diario – a Spanish digital newspaper known for its investigative journalism – recently claimed that a dubious cryptocurrency project, called Omegapro, embezzled a whopping €3 billion from hundreds of its clients. The media company described the entity as a typical pyramid scheme that promised enormous returns in just 14 months after investing and used numerous football stars as promoters.
The names include icons like Kaká, Luis Figo, Iker Casillas, Roberto Carlos,

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The Ripple v. SEC Case Resembles Moby Dick: The Company’s CLO Explains Why

October 21, 2024

TL;DR
The SEC continued the legal battle with Ripple by filing an official appeal on a specific summary judgment.
The company’s CLO likened the regulator’s desire to prevail in the case to the tragic end of Captain Ahab from the novel Moby Dick.

What Does the SEC Hope for?
The legal tussle between Ripple and the US Securities and Exchange Commission (SEC) seems nowhere near its end following the latest move by the agency. Recall that it officially appealed a 2023 verdict of Judge Analisa Torres, which determined that the firm’s XRP sales to retail investors on crypto exchanges did not violate US securities laws.
This means that the case will enter a new phase comprised of filings and a briefing process, with its official end most likely delayed for another few years.

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3 Bullish Signs for the Shiba Inu (SHIB) Price to Watch

October 21, 2024

TL;DR
Shibarium-related metrics have headed north lately, while SHIB’s burn rate exploded by triple digits on a 24-hour scale.
However, the recent shift from self-custody methods toward exchanges could be interpreted as a bearish factor for the meme coin’s price.

Good News for SHIB Bulls?
The second-largest meme coin has performed quite well in the past month, registering a 30% price increase. Despite being slightly in the red today (October 21), some important factors suggest that the rally could continue in the short term.
SHIB Price, Source: CoinGeckoOne of those bullish signals is the resurgence of Shiba Inu’s layer-2 scaling solution – Shibarium. Daily transactions on the network have exploded to 324,000 and 242,000 in the past two days. Such high figures were last

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Meme Coin Madness: This Trader Turned $96 Into Over $3 Million in 1 Year

October 20, 2024

TL;DR
A trader turned a $96 meme coin investment into a paper profit exceeding $3 million.
However, investors should pay attention when jumping on the bandwagon due to the infamous volatility of memes, which could lead to devastating losses.

What a Trade…
Meme coins are an exciting part of the cryptocurrency world and have become quite trending during the latest bull cycle. They pop out quite frequently, with some witnessing astonishing price increases in a short period of time. As such, memes have caught the eye of savvy traders who are always on the lookout for quick fortunes.
The blockchain analytics platform Lookonchain revealed the case of one such person who purchased over 600,000 TRUMP tokens in August last year. The asset (linked to presidential candidate Donald

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Can the XRP Price Hit $1 When Ripple’s Stablecoin Goes Live? (ChatGPT Analyzes)

October 19, 2024

TL;DR
Ripple plans to launch a stablecoin, RLUSD, later this year, which could boost confidence in its technology and possibly result in a rallying XRP price.
Another element that could impact the token’s volatility is the Ripple v. SEC case, whose official end seems to be prolonged in the future.

ChatGPT’s Estimation
In April this year, Ripple revealed its plans to introduce a stablecoin pegged 1:1 to the US dollar. In the following months, the team shed further details about the product. It will be called RLUSD and will be available on the XRP Ledger (XRPL) and Ethereum.
The stablecoin is expected to go live later this year, with Ripple recently naming Bitstamp, Bitso, Uphold, Bullish, CoinMENA, Independent Reserve, and MoonPay as exchange partners of the initiative.

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Shiba Inu Announces a New Collaboration to ‘Elevate SHIB to the Next Level’

October 15, 2024

TL;DR
Shiba Inu teamed up with Mass Finance to enhance its ecosystem with AI-driven legal and fiscal solutions.
The partnership aligns with SHIB’s 4% weekly price increase, supported by market revival and increased token burns.

The Latest Partnership
The meme coin project shook hands with the AI-powered platform Mass Finance, which aims to simplify business setup and growth, particularly for startups, funds, and incubators. It offers legal, fiscal, and banking tools in one platform, including automated incorporation and AI-related assistance for financial and operational tasks, supporting both Web2 and Web3 entities.
The team behind Shiba Inu claimed Mass Finance “is poised to be the Shiba State with AI-driven legal and fiscal solutions, supported by Stripe and others.”

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How High Can Ripple’s Price Go if the SEC Approves an XRP ETF? (ChatGPT Speculates)

October 12, 2024

TL;DR
An ETF approval could fuel a triple-digit XRP rally in the mid-term (according to ChatGPT).
Despite the positive outlook, there is a risk of a “Buy the Rumor, Sell the News” effect, where prices fall after the possible green light.

The Potential Price Targets
Ever since the launch of exchange-traded funds (ETFs) in the US tracking the performance of Bitcoin (in January 2024) and Ethereum (July 2024), industry participants have been wondering what’s coming next.
There have been some indications lately that an XRP ETF may go live in the near future. Bitwise registered such an investment instrument in Delaware at the beginning of October, while Canary Capital followed suit several days later. The former is yet to file the ETF with the US SEC (the agency that decides

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3 Reasons Why Bitcoin (BTC) Could Bounce This Month: Details

October 10, 2024

TL;DR
Despite recent volatility, several indicators suggest that BTC might be entering a bullish phase.
On the other hand, one essential element hints at an intensified pullback in the short term.

‘Uptober’ Still in the Cards?
Bitcoin (BTC) has passed through severe volatility since the start of October, performing worse than some expected. After all, the ongoing month has been a historically positive period for the entire cryptocurrency industry, thus known across the community as “Uptober.”
Currently, BTC trades at just south of $61,000, a 5% decline on a 10-day scale. However, some essential metrics suggest that a resurgence could be on the horizon.
BTC Price, Source: CoinGeckoAccording to CryptoQuant, BTC exchange outflows have predominantly surpassed inflows in the

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Ripple (XRP) Ledger Pushes Code Review to Enable RLUSD Integration With AMMs

October 9, 2024

TL;DR
The XRP Ledger has undergone a code review to enable RLUSD integration with Automated Market Makers (AMMs), with further updates pending.
Ripple recently warned users to be cautious of scams, as the stablecoin is not yet publicly launched.

The Latest RLUSD Development
In April this year, Ripple disclosed it will introduce a stablecoin pegged 1:1 to the American dollar. The news sparked huge excitement across the XRP community, with many members wondering about the exact specifics and purposes of the product.
As of now, it is known that it will be called RLUSD and will be available on the XRP Ledger (XRPL) and Ethereum. Ripple’s CEO, Brad Garlinghouse, previously claimed it could serve as a bridge between the cryptocurrency industry and traditional finance.
Over the

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Important Binance Announcement Concerning Tron (TRX) Holders: Details

October 9, 2024

TL;DR
Binance will pause deposits and withdrawals on the Tron Network on October 10 for scheduled maintenance.
TRX is up 60% this year, with most holders in profit.

Announcement for TRX Traders
The world’s largest crypto exchange will perform wallet maintenance for the Tron Network on October 10. The effort is supposed to take approximately one hour, during which TRX deposits and withdrawals will be unavailable. Binance assured that services will be resumed once the process is wrapped up:
“The trading of token(s) on the aforementioned network will not be impacted. Deposits and withdrawals for token(s) on the aforementioned network will be reopened once the network is deemed to be stable.”
It also said there will be no further announcement on the matter, meaning users

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Shiba Inu (SHIB) Might be Gearing up for a 130% Price Increase: Analyst

October 7, 2024

TL;DR
Despite a downturn at the beginning of October, SHIB recently pumped by 4%, with some analysts predicting a potential 130% rally if key patterns are confirmed.
Shibarium hit 7 million in processed blocks, but it has slowed its progress lately.

SHIB Eyes Another Price Explosion?
The second-largest meme coin made the headlines towards the end of September when its price spiked substantially. Recall that SHIB reached a three-month high while its market capitalization briefly soared above $12.5 billion.
Contrary to the overall expectations of a further rally, October (commonly referred to as “Uptober” by the community) offered pain for the bulls. Shiba Inu was among the many cryptocurrencies heading south, erasing much of the gains recorded last month.
SHIB Price,

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Mantra (OM) Price Hits a New ATH: Further Rally in the Cards?

October 7, 2024

TL;DR
Mantra (OM) surged over 60% in the past 30 days, hitting an all-time high of $1.50 with analysts predicting a further jump.
On-chain metrics suggest continued gains, but the RSI indicates it may be overbought, signaling a possible correction.

New Peak for OM
Most of the leading cryptocurrencies have experienced severe ups and downs over the past several weeks. Bitcoin (BTC), for instance, fell to $60,000 at the beginning of October and later rebounded to its current $63,000 (per CoinGecko’s data).
There are a few digital assets, though, whose prices have gone predominantly up as of late. One evident example is Mantra (OM), which has jumped by over 60% monthly. Earlier today (October 7), it hit a new all-time high of almost $1.50, whereas its market capitalization

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How Likely Is an SEC Appeal in the Ripple (XRP) Lawsuit? Lawyer Chips In

September 30, 2024

TL;DR
A potential appeal by the SEC is becoming more likely, with one expert estimating a 60% chance.
However, he doesn’t have the best track history when it comes to this particular case.

An Appeal on the Horizon?
Despite the recent developments, the legal battle between Ripple and the US Securities and Exchange Commission (SEC) remains ongoing. The latest important ruling occurred in August when Federal Judge Torres determined that the sales of XRP on secondary markets to retail investors did not constitute securities transactions. However, she ordered Ripple to pay $125 million for violating certain securities laws. 
The amount represents just a fraction of the $2 billion the regulator initially insisted on. This caused speculation that the agency would appeal the

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Shiba Inu Inks an Important Partnership to Foster the Development of Shibarium: Details

September 30, 2024

TL;DR
Shiba Inu collaborates with Zama to integrate Fully Homomorphic Encryption (FHE) into its Shibarium layer-2 solution, aiming to enhance data privacy and security for transactions and smart contracts.
Despite the development, SHIB’s price fell by over 6% in the past 24 hours. However, it remains up on a two-week scale due to recent rallies.

Shiba Inu’s Latest Collaboration
Shibarium’s Marketing Strategist, using the X handle LUCIE, revealed that Shiba Inu shook hands with the open-source cryptography company Zama. The goal is to enhance the capability of the meme coin’s ecosystem by mainly focusing on the layer-2 scaling solution.
“A crucial component of this evolution is Fully Homomorphic Encryption (FHE), a groundbreaking technology that allows crypto transactions

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