Markets

TL;DR If SEC Chairman Gary Gensler resigns, XRP’s valuation could benefit from a more crypto-friendly successor and an increased likelihood of the regulator settling its case with Ripple. Regardless of Gensler’s status, the token’s price could reach a new all-time high through strategic partnerships, increased adoption, and technological advancements, the AI chatbot said. What Are the Chances? The US Securities and Exchange Commission (SEC), which oversees and regulates the...

The entity behind a bot that extracted $7.6 million from Rho Markets last week has returned the funds to the liquidity and lending protocol deployed on the rollup chain Scroll. While first reported that a bug in an oracle contract allowed an attacker to walk away with the funds, it was a bot that conducted an MEV (maximum extractable value) attack. That occurred due to the reported issue with the oracle. The attacker also left an on-chain message on the transaction siphoning the funds,...

As investors look for high-yielding prospects in 2024, the world of altcoins has drawn a lot of attention. However, the top 4 altcoins that stand out as promising contenders for impressive returns are ETFSwap (ETFS), Tron (TRX), PEPE, and BONK.  ETFSwap (ETFS): Leader Among Altcoins For High Returns ETFSwap (ETFS) is a platform that gives users access to real-time market data and fully customisable trading strategies. The market development expertise of the ETFSwap (ETFS) team...

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The crypto market is bracing for major changes following the debut of the Ethereum ETFs on July 23rd. Amidst the anticipated surge in Ethereum tokens, RCO Finance (RCOF) is garnering attention for its potential to outperform meme coins like BONK, PEPE, and WIF. This article explores the expected success of Ethereum ETFs and the advent of RCOF, a token poised to 50x in the coming weeks. RCO Finance (RCOF) Beats The Odds Just as Bitcoin ETFs spurred January’s market rally, analysts...

Investment in digital asset products continued to rise, with inflows reaching $1.35 billion last week, totaling $3.2 billion over the past three weeks. Trading volumes for Exchange Traded Products (ETPs) also saw a significant increase, up 45% week-over-week to $12.9 billion. However, this accounted for a lower-than-usual 22% of the overall crypto market volumes. Bitcoin Sees Inflows Amid Strong Market Sentiment According to the latest edition of CoinShares’ Digital Asset...

TL;DR Ripple’s XRP has surged 40% in two weeks, now trading above $0.60, with analysts predicting further gains up to $8 or more. Key metrics like daily transactions and open interest are up, indicating strong market participation, though some traders remain skeptical about a major rally. Where’s XRP Headed? Ripple’s XRP has been on a tear as of late, with its price surging by 40% in the past two weeks. The last few days were quite turbulent for the asset which briefly...

Meme coins have been rallying in the past 24 hours. Cat in a dogs world (MEW) has jumped over 40%, proving that it’s still in high demand from retail investors. Meanwhile, PlayDoge (PLAY) is also turning heads, with its ICO closing in on the $6 million milestone. MEW Token Nears All-Time High in 44% Price Surge Cat in a dogs world is going viral right now. MEW’s price has rocketed 44% since yesterday, now hovering around the $0.0080 level. This rally has also pushed MEW’s...

Bitcoin’s latest uptrend and surge to the $67,000 level have put many investors in the money, with the majority of addresses holding the primary cryptocurrency flashing green. A tweet from IntoTheBlock has revealed that 93% of addresses holding BTC are in profit again. Historical data from the on-chain intelligence platform shows that Bitcoin holders have reached this level of profit repeatedly over the past few months, reinforcing the belief that the market is still in its...

Bitcoin’s price has been rallying aggressively in the past couple of weeks, making its way toward a new record high. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the BTC price has been climbing higher since rebounding from the $56K support level and the 200-day moving average. The market has reclaimed both the $60K and the $65K marks and is currently testing $68K – the last obstacle in the way of a new all-time high. With the RSI also indicating...