Tag Archives: Crypto Bits

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...

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...

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...

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...

Solana’s ecosystem has been booming in the past few months, giving birth to a number of meme coins that came to prominence only to decline and subsequently fade into oblivion. That hasn’t been the case with WIF, however, as – by all measures – it appears that the dog, indeed, still has a hat. Dogwifhat (WIF) has seen its price exceed $0.40 in the past 24 hours, surging by more than 16%, as seen in the chart below: Source: DexscreenerIt’s worth noting that WIF’s move comes...

A renowned member of the Shiba Inu team and SHIB influencer, Lucie, recently issued a warning to the SHIB community ahead of the upcoming debut of the SHEboshis NFTs, a new collection within the Shiba Inu ecosystem. SHEboshis NFTs will be tradable on Uniswap and ShibaSwap, with plans to bridge to Shibarium in the future. The SHIB team aims to initiate the next phase of Shib NFTs by releasing the first claimable set to SHIboshi holders for free. However, SHEboshis – based on...

On Tuesday, the Solana network experienced five hours of unusability. Validators, crucial components of Solana’s infrastructure responsible for processing and validating blockchain transactions, restarted the network before 10 am Eastern Time. Solana Labs attributed the recent five-hour blockchain downtime on February 6 to a bug that made transactions enter an infinite loop.  The Post-Mortem According to a post-mortem report released by Anza co-founder Jeff Washington, a bug...

Altcoin analyst Altcoin Gordon told over 400,000 X followers Friday that his year-end target for Ethereum is $11,250. That would be a 3.4X increase compared to current prices. Bitcoin has received plenty of attention from the media since October between the SEC approval of Bitcoin ETFs in January and the upcoming fourth Bitcoin halving in April. Ethereum supply dropping. Ethereum demand increasing. Do you understand? pic.twitter.com/txH5g9Eq4w — Gordon (@AltcoinGordon)...

Crypto analyst Dark Defender has recently conducted an in-depth XRP price analysis and believes the asset could hit an ATH of $18.  The trader used several indicators and chart patterns to gauge XRP’s next price target, concluding with three potential ones. One of those patterns is the ABC Correction, which, in trading, can help traders signal temporary reversals or pullbacks in an asset’s price within a broader trend.  Hi all. We recently checked the #XRP daily frame &...

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...