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Dimitar Dzhondzhorov



Articles by Dimitar Dzhondzhorov

Important Binance Update Affecting PEPE Traders

15 hours ago

TL;DR
Binance adds new trading pairs, offering more diversity for users.
The company has announced multiple updates as of late in response to market trends.

The world’s leading cryptocurrency exchange will increase the number of trading pairs offered on Binance Spot. The ones available for users from March 5 include PEPE/FDUSD, UNI/FDUSD, OM/TRY, PIXEL/USDC, STRK/USDC, and THETA/TRY.
Some of the involved cryptocurrencies like Pepe Coin (PEPE) and Mantra (OM) are well in the green. And while the latter’s price ascent started shortly after Binance’s announcement, this is not the case with the meme coin.
PEPE has been among the market’s best performers for weeks, up over 500% on a 14-day scale. As CryptoPotato reported, its price hit an all-time high today (March 4) while

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3 Key Signs That the Bitcoin (BTC) Bull Market Is Just Getting Started

2 days ago

TL;DR
Bitcoin’s price has seen significant increases recently, surpassing $62,000 and sparking speculation about the start of a major bull run.
Some important factors hint that reaching a new all-time high might be just around the corner.

BTC Halving
Bitcoin’s price has excited the cryptocurrency participants and shocked the naysayers in the past few weeks, witnessing exponential surges. It currently trades at over $62,000, while the rally in February represented the longest monthly green candle in the asset’s history.
Despite the spectacular ascent, some vital elements and approaching events hint this could be just the beginning of a massive bull run and further gains. 
One crucial factor is the Bitcoin halving, scheduled to take place in April this year. It reduces the

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Ripple (XRP) Price Poised for a Massive Breakout in March: Analysts

2 days ago

TL;DR
Analysts predict a bullish future for XRP, expecting a substantial price increase to nearly $2 by July due to technical indicators and market factors.
Optimism is fueled by Ripple’s legal developments and the Bitcoin halving event, with some predictions suggesting XRP could reach all-time highs beyond $5.85.

Where Is XRP Headed?
Ripple’s XRP has not recorded the same spectacular price ascents as other cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Shiba Inu (SHIB), and many more lately. Currently, it trades at around $0.62 (per CoinGecko’s data), a 10% increase on a two-week scale.
However, numerous analysts remain confident that the asset will catch up in the following weeks and experience a substantial bull run.
The X user Dark

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Shiba Inu (SHIB) Price Explodes 130% in a Week: Here’s How Many Holders are Currently in Profit

2 days ago

TL;DR
Shiba Inu experienced a substantial price increase, outperforming major cryptocurrencies and bringing profits to a majority of its holders (at least on paper).
Its market cap rose notably, making it one of the top digital assets, but the token remains a risky investment due to its volatility.

Shiba Inu’s Massive Resurgence
The second-largest meme coin – Shiba Inu – was not among the best-performing cryptocurrencies last week when the market started booming. However, it quickly caught up with the gains recorded by Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and other digital assets and even outperformed them on a weekly scale.
SHIB currently trades at approximately $0.00002119 (per CoinGecko’s data), a 130% price increase for the past seven days.

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Shiba Inu (SHIB) Burn Rate Skyrockets by 30,000%

3 days ago

TL;DR
Shiba Inu’s burn rate has significantly increased, indicating a strong push to reduce the token’s circulating supply, which could boost its value over time.
The development of Shibarium, aimed at enhancing the ecosystem by reducing fees and increasing transaction speed, is viewed positively for SHIB’s future price potential.

The popular meme coin – Shiba Inu – continues to witness a substantial amount of tokens removed from its circulating supply. Data shows that the burn rate has exploded by a whopping 30,000% in the past 24 hours, resulting in almost 4 million tokens destroyed.
The team behind the meme coin also revealed that over 643 million tokens were burned throughout February, which is actually a 93% decline compared to the first month of the year.
The

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Shiba Inu Price Predictions as SHIB Explodes 100% Weekly

3 days ago

TL;DR
Shiba Inu has experienced significant price increases recently, with optimistic predictions for further gains.
Discussions around meme coins like SHIB and DOGE are heating up, with various individuals offering differing opinions on which is the better investment, amidst forecasts of continued bullish trends in the cryptocurrency market.

How High Can SHIB Go?
The second-largest meme coin caught the recent green wave in the cryptocurrency sector, being one of the market’s best performers. Its price has ascended by over 100% on a 7-day scale and 125% monthly (per CoinGecko’s data).
Some industry participants believe the rally is nowhere near its end, envisioning further gains. The crypto enthusiast with hundreds of thousands of followers on X – Altcoin Sherpa –

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We Asked ChatGPT if Pepe Coin (PEPE) Could Flip Shiba Inu (SHIB) in 2024

4 days ago

TL;DR
Pepe Coin (PEPE) has experienced rapid growth, becoming a top performer in the meme coin market and challenging its competitors with a significant increase in value.
Surpassing Shiba Inu’s market cap could be possible for PEPE with strategies like expanding its community, securing partnerships, and capitalizing on market trends.

PEPE’s Chances
Pepe Coin (PEPE) – a frog-themed meme coin that emerged less than a year ago – has recently taken center stage due to its staggering price increase. It is up over 150% weekly and is among the best performers in its realm.
PEPE’s market capitalization exceeded the $1.2 billion mark, challenging BONK, which is the third largest in the niche with around $1.4 billion. Shiba Inu (SHIB) is second with a market cap of more than $8

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Shiba Inu (SHIB) Outperforms Cardano (ADA) in This Key Metric: Details

5 days ago

TL;DR
Shiba Inu’s value surged, outperforming Cardano in a significant indicator signaling ecosystem growth.
Associated cryptocurrencies, BONE and TREAT, saw major price increases, while LEASH did not follow this trend.

Shiba Inu’s Progress
One of the leading meme coins by market capitalization – Shiba Inu – erased a zero from its valuation following a rally experienced earlier this week. The coin’s performance remained solid in the following days, with its price charting substantial gains today (February 28).
SHIB trading volume on a daily scale has also been on the rise, surpassing the $1.1 billion mark (per CoinGecko’s data). Thus, it flipped Cardano (ADA), whose figure currently stands at approximately $740 million.
Additional cryptocurrencies that have a higher

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Important Binance Updates Concerning Numerous Altcoin Traders

5 days ago

TL;DR
Binance expanded its margin program with new isolated and cross margin options.
The exchange is also removing certain pairs due to low performance, as part of its regular updates and reviews to maintain trading quality and volume.

The world’s largest cryptocurrency exchange increased the number of trading pairs offered on its margin program. SHIB/FDUSD, DOT/FDUSD, WLD/FDUSD, LDO/FDUSD, NEAR/FDUSD, and TIA/FDUSD were added as new isolated margin pairs, while ADX/USDT and IQ/USDT entered the new cross margin section.
Additionally, the list of trading choices on Binance Spot witnessed the addition of the following pairs: CKB/TRY, COTI/TRY, LDO/TRY, and UNI/USDC. The majority of those focus on the Turkish lira, allowing Turks to dive deeper into the cryptocurrency

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This Cryptocurrency Shoots 20% as Coinbase Prepares for a Listing

6 days ago

TL;DR
The valuation of one particular cryptocurrency spiked after Coinbase added it to its “roadmap,” indicating potential future listing.
Such announcements from the company have historically led to price increases for affected digital assets, highlighting the impact on market accessibility and investor interest.

The price of Akash Network (AKT) jumped by approximately 20% following Coinbase’s announcement to add the token to its “roadmap” section.

Assets added to the roadmap today: Akash Network (AKT)https://t.co/rRB9d3hSr2
— Coinbase Assets 🛡️📞 (@CoinbaseAssets) February 26, 2024
AKT’s valuation reached a 28-month high of almost $5 minutes after the exchange’s disclosure but later slightly retraced to its current level of around $4.60 (per CoinGecko’s data).
AKT

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Bitcoin Price Predictions: From $150K and $200K to a Whopping $21M Per BTC

7 days ago

TL;DR
Bitcoin’s price recently soared above $56,000, with predictions suggesting a further surge to new all-time highs due to the halving event and investor sentiment.
Bullish market indicators, such as negative exchange netflows and rising futures open interest, hint at increased confidence and trading activity in BTC.

BTC’s Odds to Skyrocket
The price of Bitcoin (BTC) has gone through the roof in the past several hours, rising to almost $57,000 (per CoinGecko’s data), whereas its market capitalization surpassed the $1.1 trillion mark. Despite being up over 135% in a year, the primary cryptocurrency might be just at the beginning of a substantial rally that could take it to a new all-time high in the following months (at least according to some prominent investors and

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This Shiba Inu Metric Soars Nearly 15%: Could the SHIB Price Follow?

7 days ago

TL;DR
Shiba Inu’s daily active addresses have seen a substantial increase, signaling growing interest and a potential price rally.
Other developments, such as the burning mechanism and Shibarium’s progress, might also positively affect SHIB’s value.

While Shiba Inu’s price has underperformed as of late, some essential indicators related to the second-largest meme coin by market capitalization have been on a substantial rise.
According to IntoTheBlock data, SHIB daily active addresses have surged above 3,500, representing a 13% increase. The upswing might suggest growing demand for the asset and greater interest coming from investors. 
The trend could positively impact the price of Shiba Inu should supply remain the same or not increase at the same pace.

It is important

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Funny Trump-Related Meme Coin MAGA Charts New All-Time High: Details

9 days ago

TL;DR
MAGA (TRUMP) coin hits an all-time high, whereas some leading cryptocurrencies show minor losses.
The asset could be associated to Donald Trump who recently softened his stance on cryptocurrencies ahead of the US presidential elections.

The prices of most leading cryptocurrencies (in terms of market capitalization) have experienced minor losses or have been trading sideways in the past few days. Bitcoin (BTC) is down less than 1% on a 24-hour scale, whereas Solana (SOL) and Cardano (ADA) have retraced nearly 2% for the same period.
However, some lesser-known digital assets have defied the trends, charting impressive gains. One example is the meme coin MAGA (TRUMP), which recently tapped an all-time high of over $4.30 (per CoinGecko’s data).
MAGA Price, Source:

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Is Polygon (MATIC) Price About to Explode by 90%? This Popular Analyst Weighs in

9 days ago

TL;DR
Polygon (MATIC) experienced a 30% monthly price surge, with analysts predicting further increases.
The surge coincides with a significant rise in Polygon’s on-chain trading volume and other metrics.

One of the best-performing cryptocurrencies (at least from the top 20 list) – Polygon (MATIC) – briefly surpassed the $1 mark this week. Its 30% price surge on a monthly scale has captured the attention of industry participants, with some analysts envisioning a further rally in the following months.
The popular X (Twitter) user Ali claimed that MATIC shows “promising signs” to chart impressive gains in the long term. He predicted that the asset’s valuation could explode by 90% next month should it close above the $0.96 resistance level.

#Polygon shows promising signs

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ChatGPT Analyzes if the Ripple v. SEC Lawsuit Will be Over in 2024

10 days ago

TL;DR
The lawsuit between Ripple and the SEC is approaching a crucial trial in April 2023, with potential long-term impacts on the cryptocurrency sector and possibilities of extended legal battles through appeals.
Ripple has gained key partial legal victories, but the final outcome and its implications are still uncertain.

Could We See the Conclusion This Year?
The lawsuit between Ripple and the United States Securities and Exchange Commission has been among the trendiest topics in the cryptocurrency industry for years. It dates back to December 2020, when the agency accused the company of illegally raising more than $1.3 billion in an unregistered securities offering by selling XRP. 
For its part, Ripple argues that its native token is a currency rather than a security

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Massive Shiba Inu (SHIB) Price Prediction for the Immediate Short Term

10 days ago

TL;DR
One forecast suggests a 51% rise in Shiba Inu price in the near future.
SHIB’s aggressive token burning, the advancement of Shibarium, and other factors can positively impact the asset’s value.

SHIB’s Chances of Price Ascent
Shiba Inu’s valuation has been underperforming lately, falling by 4.5% on a weekly scale (per CoinGecko’s data). Despite standing far from its all-time high levels (registered in 2021), the asset remains an intriguing topic and is often a subject of bullish predictions.
One such forecast came from the popular X (Twitter) user $SHIB KNIGHT. The analyst thinks SHIB might be on the verge of a breakout, envisioning a 51% increase in the following seven days.  

$SHIB 1WEEK Chart:
Breakout target is 1400. Breakout should be confirmed, it’s still

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Uniswap (UNI) Explodes 50% Minutes After a Major Proposal

11 days ago

TL;DR
UNI surged 50% following a proposal for a fee reward mechanism for token holders.
This rise contrasts with the broader market’s consolidation.
UNI – the native token of Uniswap Protocol – skyrocketed by over 50% in minutes, reaching a nearly two-year high of approximately $11.
UNI Price, Source: CoinGeckoThe increase happened shortly after the Uniswap Foundation (UF) proposed the creation of a fee mechanism that rewards UNI holders who have staked and delegated their tokens.
“This proposal seeks to invigorate and strengthen Uniswap’s governance system by incentivizing active, engaged, and thoughtful delegation,” the team added.
The proposal also states that if there are no major blockers, the Snapshot vote will be posted on March 1st, 2024, while the on-chain vote

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Here’s When Ripple (XRP) Will Hit $1.40 According to Popular Analyst

12 days ago

TL;DR
Analysts are optimistic about XRP’s valuation, predicting significant increases in the near future.
Certain regulatory developments, among other factors, could propel a significant price rally.

Ripple’s Odds of Hitting $1
Despite increasing significantly during the first half of February, the price of Ripple’s XRP has recently pushed the brakes, currently trading below the $0.55 mark. However, the ongoing trends have not stopped multiple analysts from outlining optimistic predictions.
The X (Twitter) user EGRAG CRYPTO presented a chart today (February 22), according to which XRP might soon pass through four stages (wicking, ranging, consolidation, and bullish) and reach $1.40 in April. The analyst also envisioned a spike above $0.60 before the end of the month.
Dark

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4 Reasons Why the Ethereum (ETH) Price Could Keep Soaring in the Near Future

13 days ago

TL;DR
Ethereum’s recent price surge coincides with a shift towards self-custody and an anticipated blockchain upgrade.
ETH’s valuation might also be positively impacted by regulatory developments, among other reasons.

Abandoning Exchanges
The price of Ethereum (ETH) has increased significantly in the past several weeks, recently surpassing the $3,000 milestone for the first time since the spring of 2022. Some on-chain metrics suggest that the asset might be poised for a further rally.
According to CryptoQuant data, Ethereum’s exchange netflow has been predominantly negative in the past month, charting massive red candles in the last few days.

ETH Exchange Netflow, Source: CryptoQuantShifting from centralized platforms to self-custody methods is considered bullish as it

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Shiba Inu (SHIB) Achieves Another Massive Milestone: Details

13 days ago

TL;DR
Shibarium’s usage and growth metrics show strong adoption, with transactions and wallet addresses increasing.
This growth could positively impact Shiba Inu’s price, which has seen a modest rise recently.

Shiba Inu’s layer-2 blockchain solution – Shibarium – continues to make waves, frequently smashing various milestones.
On February 19, daily transactions on the network surged to 3 million, whereas the number of total transactions surpassed the 360 million mark. Wallet addresses currently stand at more than 1.3 million, while total blocks exceeded the 3 million level at the beginning of the month.
Shibarium, which officially saw the light of day in August last year, is designed to service the needs of the Shiba Inu ecosystem. It aims at lowering transaction fees and

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Important Binance Announcement Affecting Controversial Ethereum Pairs

15 days ago

TL;DR
Binance will discontinue support for specific leveraged token pairs, converting any held by users into USDT.
The move is part of the company’s ongoing effort to refine its product offerings.

The world’s largest cryptocurrency exchange – Binance – announced it will cease support for the following leveraged token pairs: BNBUP/USDT, BNBDOWN/USDT, ETHUP/USDT, ETHDOWN/USDT, BTCUP/USDT, and BTCDOWN/USDT by April 3. 
Trading and subscription options for the affected tokens will be terminated on February 28. The company did not provide a reason behind its move, reminding that it conducts regular reviews of its product offerings and leaves only those providing users with “the most value and competitive services.”
“If users are still holding the aforementioned tokens after

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ChatGPT Analyzes Which Solana Meme Coin Has the Best Chance to Flip Dogecoin (DOGE) This Year

February 3, 2024

TL;DR
Solana-based meme coins such as Bonk Inu, dogwifhat, and Myro have gained popularity, with their ability to outperform Dogecoin depending on technological advances, community growth, and market acceptance.
Their success is closely tied to SOL’s performance, which has recently rallied substantially.

What are the Odds?
Solana-based meme coins, such as Bonk Inu (BONK), dogwifhat (WIF), and Myro (MYRO), have taken center stage as of late, charting explosive gains and capturing the investors’ attention. We decided to ask ChatGPT whether their progress would continue throughout the year and if one of them could eventually flip the largest meme coin by market capitalization – Dogecoin (DOGE).
The AI-powered chatbot claimed that such a scenario is highly speculative but

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Is Ripple (XRP) Price Ready to Catapult in February: These Analysts Chip in

February 1, 2024

TL;DR
Analysts predict a short-term increase in XRP’s value, with some viewing the current moment as a “buy-the-dip” opportunity.
Long-term forecasts are highly optimistic, reaching up to $594 by 2050, despite ongoing trends and the historical size of the cryptocurrency market.

The Most Recent XRP Predictions
Ripple’s XRP might have underperformed in the past month, but multiple analysts remain confident its price would thrive in the short term.
According to the X (Twitter) user EGRAG CRYPTO, the asset’s value “is destined” never to close below $0.50 on a monthly timeframe. Currently, XRP hovers exactly that mark (per CoinGecko’s data).
The analyst believes the recent downfall presents “a generational buying opportunity” for investors, adding that the price might soar

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Massive Increase in the Shiba Inu (SHIB) Burn Rate amid Market Resurgence

January 30, 2024

TL;DR
Shiba Inu’s burn rate spiked drastically, significantly reducing its circulating supply.
The development aligns with SHIB’s recent price increase amid a general upswing in the cryptocurrency market.

The popular meme coin Shiba Inu witnessed a burn rate spike of 1,400% for the past 24 hours, resulting in more than 60 million tokens being removed from circulation. Since the beginning of the year, the number of destroyed assets has surpassed the 9 billion mark.
Shiba Inu has adopted that mechanism to reduce the tremendous circulating supply of SHIB, making it scarcer and potentially more valuable in the future. According to Shibburn, over 41% of the asset’s maximum supply has already been burned.
Every time a transaction is made on the network, a certain percentage of

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We Asked ChatGPT if Solana Meme Coin Dogwifhat (WIF) Price Will Reach $1 in 2024

January 28, 2024

TL;DR
Dogwifhat (WIF) has rapidly increased in value in the past several weeks. Its potential to reach $1 depends on numerous factors like favorable market conditions.
Short-term predictions suggest a 2024 price range of $0.33 to $0.76, while long-term expectations see it possibly exceeding $2.50 by 2030.

Is There a Chance?
Despite emerging less than two months ago, the Solana-based meme coin dogwifhat (WIF) managed to get a significant amount of attention. Its price spiked by over 90% in the past month and currently hovers around $0.30 (per CoinGecko’s data). We decided to ask ChatGPT whether the upswing could continue throughout 2024 and if WIF can hit the $1 milestone.
The AI-powered chatbot estimated there is such a chance, but the probable rally relies on multiple

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The Most Exciting Ripple (XRP) Price Predictions as of Late

January 28, 2024

TL;DR
Analysts predict a potential rally for Ripple’s XRP, with forecasts ranging from $1.40 to over $10.
Dark Defender suggests the coin is already on a bullish trend, with predictions of reaching up to $22.50 in the coming months.

Crossing the $1 Mark This Year?
Despite being on a downfall in the past few months, many analysts remain optimistic about the future of Ripple’s XRP. EGRAG CRYPTO – an X (Twitter) user who regularly presents forecasts – recently suggested that the asset’s price could rally toward $1.40 by April this year. He further predicted that the next stop after that might be an all-time high of $5.
Ripple is scheduled to meet the United States Securities and Exchange Commission (SEC) on a grand trial on April 23. According to many, the company has better

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Four Factors Indicating a Potential Shiba Inu (SHIB) Bull Run Incoming

January 28, 2024

TL;DR
Some important elements indicate a potential upswing for Shiba Inu in the short term.
Developments in SHIB’s layer-2 blockchain solution and a resurgence of the meme coin sector could support this rally.

Is it Time for a SHIB Rally?
Shiba Inu (SHIB), similar to many other cryptocurrencies, has underperformed in the past several days, with its price plunging by 3% on a two-week scale (per CoinGecko’s data). However, some essential metrics and factors hint that the correction might be near its end.
According to CryptoQuant, SHIB exchange netflow has been positive only once in the past eight days. Shifting from centralized exchanges to self-custody methods is considered bullish since it reduces the immediate selling pressure.
SHIB Exchange Netflow, Source:

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Spot Ripple (XRP) ETF Highly Unlikely Unless The Following Happens: Analyst

January 24, 2024

TL;DR
Speculation about a spot XRP ETF has risen following the approval of Bitcoin ETFs in the US, but the ongoing Ripple/SEC lawsuit poses a significant obstacle.
One expert suggests that the launch of the product might be more likely after 2024, pending clearer regulatory guidance.

Are There Any Chances?
The historic approval of several spot Bitcoin ETFs in the United States has given the XRP army (a term referring to the enthusiastic community of XRP investors and supporters) the opportunity to speculate that a similar product with Ripple’s coin as an underlying asset might pop up.
However, some analysts reportedly rejected that option, citing the ongoing lawsuit between Ripple and the US SEC as an obstacle. According to Townsend Lansing (CoinShares’ head of product),

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Important Ripple v. SEC Lawsuit Development

January 24, 2024

TL;DR
The SEC is seeking Ripple’s financial records for evidence in their legal case.
The company has previously secured favorable court rulings, including a decision on the nature of some of its XRP sales.
The United States Securities and Exchange Commission (SEC) filed a new motion compelling Ripple to hand over essential documents such as the company’s financial statements for 2022 and 2023 and its post-complaint XRP sales contracts.
The regulator argued that those records could provide important information and show whether the firm has violated certain securities laws.
As CryptoPotato reported, the Commission filed the same motion earlier this month, and Ripple had until January 17 to react. 
The company first insisted the deadline for a response be prolonged to

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Cardano (ADA) Outperforms Bitcoin and Ethereum in This Key Metric: Details

January 23, 2024

TL;DR
Cardano’s coin tops BTC and ETH in certain fields but faces a price decline.
Market trends are bearish, yet experts stay optimistic about ADA’s future.

According to market intelligence platform Santiment, Cardano’s ADA was the top cryptocurrency by development activity in the last 30 days.
Polkadot (DOT) and Kusama (KSM) ranked second and third, respectively, while Ethereum (ETH) was placed tenth. Interestingly, Bitcoin (BTC) did not find a spot on the list.

🧑‍💻 Here are #crypto‘s top coins by development activity. Notable #github commits past 30d:
1 @cardano $ADAT2 @polkadot $DOTT2 @kusamanetwork $KSM4 @optimismFNP $OP5 @ethstatus $SNT6 @hedera $HBAR7 @cosmos $ATOM8 @dfinity $ICP9 @chainlink $LINK10 @ethereum $ETH pic.twitter.com/zhN01674ag
— Santiment

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