Tag Archives: Crypto Bits

TL;DR Gemini’s recent tweets about XRP led to widespread speculation among the cryptocurrency community. A cryptic riddle posted by the firm intensified the hypothesis, with many anticipating an XRP-related announcement. The cryptocurrency exchange Gemini sparked a speculative frenzy after posting a series of tweets related to Ripple’s XRP. The posts included phrases like “Don’t forget about xrp,” “xcited about xrp,” and xrriving shortly,” allowing the community to guess...

TL;DR Cardano’s whale transaction volumes and NFT sales have been notable lately. ADA’s price has recently underperformed compared to ETH, but experts anticipate a potential rally influenced by upcoming events and developments in the crypto industry. According to IntoTheBlock data, Cardano whales have settled an average of $13 billion in large daily transactions for the past week. In comparison, Ethereum’s figure stood at $5 billion. Cardano whales have been quite active...

TL;DR Cardano’s ADA rallied substantially last year, with potential for more growth in 2024 due to multiple factors. Analysts point to further catalysts such as recent developments and the outcome of Coinbase’s lawsuit involving ADA for potential price increases. Considering ‘Various Factors’ Last year has been highly successful for Cardano’s ADA, which rallied over 140%, reaching the $0.60 mark on New Year’s Eve. We decided to ask the popular AI-powered chatbot – ChatGPT –...

TL;DR Robert Kiyosaki, Fundstrat’s Tom Lee, and “PlanB” laid out optimistic predictions for Bitcoin’s future price. Contrasting views come from analysts like Philakone and Crypto Rover, who foresee a possible short-term correction, and Peter Schiff, who anticipates regulatory challenges impacting BTC’s value. Kiyosaki’s Forecast There was a significant uptick in Bitcoin’s price in the first several days of 2024, with a peak of approximately $49,000 reached a day after the US...

TL;DR Dogwifhat (WIF), a Solana-based meme coin, saw a substantial price increase recently. A potential surpassing of Shiba Inu’s market cap hinges on factors like community support, use cases, market trends, and more. What are the Chances? The Solana-based meme coin – dogwifhat (WIF) – has been among the best-performing cryptocurrencies in the past two weeks, with its price exploding by triple digits (per Coingecko’s data) and market cap briefly exceeding $450 million. WIF...

TL;DR Shiba Inu experienced a substantial increase in its token burn rate, but its price continues to decline. Shibarium saw a rise in daily transactions, signaling growth in the meme coin’s ecosystem. Burn Rate Goes Through the Roof The popular meme coin – Shiba Inu – witnessed a burn rate increase of nearly 3,000% in the past 24 hours, resulting in over 30 million tokens being removed from circulation. The program aims to reduce the circulating supply of SHIB, making it...

TL;DR A well-known crypto exchange allowed customers to purchase and send BONE tokens to Shibarium through its platform. BONE’s price experienced a notable increase following the disclosure. Shibarium’s Marketing Strategist, going by the handle LUCIE on X (formerly known as Twitter), praised the crypto exchange Gate.io for supporting the layer-2 blockchain solution. Users are now allowed to purchase and send BONE tokens to Shibarium via the platform. Huge shoutout to...

TL;DR Bitcoin Volatility: Bitcoin’s price swings as of late might have led to changes in the BTC Fear and Greed Index. Bitcoin Halving Event: The upcoming halving in April 2024 is anticipated to impact the asset’s supply and demand, possibly affecting investors’ sentiment. No More Greed The historic approval of spot Bitcoin ETFs in the United States and all the surrounding drama have taken their toll on Bitcoin, which soared to $49,000 on January 11 but later descended to...

TL;DR Recent Performance and Analyst Views: Ripple’s XRP has seen varying price levels recently, with some analysts predicting an upturn. Factors Influencing Future Trends: Several factors, including Ripple’s legal developments and broader market conditions, could play a role in shaping XRP’s performance. XRP Bulls Remain Optimistic Despite some episodic price jumps, Ripple’s XRP has not started the year on the right foot, currently hovering around $0.58 (per CoinGecko’s...

TL;DR Solana’s native token SOL had a remarkable 2023, surging over 1,000% and exceeding $100. Analysts on Twitter, like Ali and JAKE, foresee potential SOL gains within the following months. Trader Alex Krüger suggests the possibility of a Solana ETF in the US next year, which could attract more capital into the ecosystem. Is SOL Ready for a Further Rally? SOL performed exceptionally last year, skyrocketing by over 1,000% and surpassing the $100 mark. Numerous experts...