Tag Archives: Crypto Bits

TL;DR ETH’s Recent Gains and Positive Outlook: Ethereum’s ETH has rebounded in 2023, reaching around $2,400, with some analysts forecasting a rise to $5,000 by 2025 due to a bullish trend. High Expectations and Upgrades: Experts predict ETH could reach up to $8,000 by 2026, bolstered by upcoming Ethereum upgrades, with short-term predictions around $3,400-$3,800. Some Bearish Perspectives: Despite optimism, some, like trader Peter Brandt, are skeptical about Ethereum’s...

Long-term XRP investors have shown remarkable patience and resilience as the SEC lawsuit winds down. After a string of victories against most of the SEC’s charges this year, Ripple Labs is still battling the regulator over how much of a financial penalty it should have to pay. Fmr. Goldman Head’s Lifetime Opportunity: XRP Real Vision CEO Raoul Pal told CryptoLaw founder and Ripple amicus brief lawyer John Deaton in a recent interview that he bought XRP after the Securities...

TL;DR Significant Price Rise of SOL: Solana’s cryptocurrency, SOL, has seen a remarkable increase, soaring from about $10 at the beginning of 2023 to around $78, a 650% surge. Analysts believe there’s still room for further growth. Predictions of Continued Uptrend: Notable crypto analysts on Twitter, like Ali and Deftsuo, predict SOL could rally towards $90 and even surpass $100, based on current market trends and technical analysis. More Ambitious Predictions: Some experts...

TL;DR Major Announcement Teased: Shytoshi Kusama, the anonymous lead developer of Shiba Inu (SHIB), hinted at a significant announcement and a year-end surprise for the SHIB community, suggesting it will be a pioneering development in Web3. Shibarium’s Impact on Shiba Inu: The focus on Shiba Inu in 2023 has been more on its layer-2 blockchain solution, Shibarium, than its price. Launched in August, Shibarium aims to position SHIB as a leader in its niche by enhancing speed...

TL;DR Warning About Fraudulent NFT Scheme: The Cardano Community, a Twitter account, warned users about a scam involving Berry Pool delegators receiving a dubious NFT, falsely promising extra ADA rewards through a fraudulent event. Significant Losses Incurred: Victims who connected their wallets and signed transactions following this scam have suffered losses exceeding 200,000 ADA. The associated website has been identified as a scam. Advice for Caution and ADA Price Surge:...

TL;DR Uphold is hosting an XRP giveaway to conclude 2023, offering 100,000 XRP to one winner and 1,000 XRP each to 25 participants. Eligibility requires a minimum of $20 in trades on the platform, with no limit on entry count. The giveaway is exclusive to US residents, continuing a series of similar events held by Uphold in previous months. This initiative follows Ripple’s partnership with Uphold in October to improve cross-border payments, leading to a surge in XRP trading...

TL;DR Recent XRP Price Dip and Optimistic Outlook: XRP has dropped from about $0.70 to $0.60, but analysts predict it could reach new highs before the end of 2023, potentially surpassing $1.20 soon. Analyst Predictions for XRP’s Future: EGRAG CRYPTO outlines two scenarios: the “Blue Route” with XRP rising to over $1.20 and an all-time high of $5.50 by late 2024, and the “Green Route” with a short-term drop to $0.50, followed by a surge to $22.50 by mid-2024. Exchange Support...

TL;DR Solana’s Price Increase: SOL’s price surged to nearly $75 recently, a peak last seen in May 2022, and currently stands at about $71. NFT Sales Volume Growth: Solana briefly outperformed Ethereum in NFT sales volume growth, with a significant 53% weekly increase. Bonk Inu’s Exceptional Performance: The Solana-based memecoin, Bonk Inu, saw a 400% rise in its price, outstripping other popular memecoins. SOL Performing Better Than ETH in This Aspect The sixth largest...

Cardano’s ADA has seen a remarkable surge in the last few months, more specifically, over 120% in appreciation since October 20. As the coin rises to new all-time highs by what’s left of December, Cardano’s DeFi ecosystem is flourishing as well. Cardano’s total value locked (TVL) surpassed $370 million this Friday, reflecting a 520% growth since the beginning of the year. This growth is mainly driven by a notable increase in decentralized exchange (DEX) activities, more...

TL;DR Ripple scored three significant partial legal wins against the SEC in 2023, including a favorable ruling on XRP sales and the clearing of top executives from charges, with a major trial set for April 2024. Ripple gained recognition with prestigious awards, including a spot in People’s Magazine’s “100 Companies Who Care” and Fortune Magazine’s top workplaces in technology, along with winning the UK’s PAY360 Award. The price of Ripple’s XRP token increased by 77% in 2023,...