Tag Archives: Crypto Bits

TL:DR; SOL’s price skyrocketed after Trump’s victory in the US elections to a new all-time high of $263 on November 23 but lost its momentum and is down by more than 11% since then. However, whales seem unfazed as they keep buying portions of the asset while analyst envision a massive rally that could push it to as high as $600. SOL Whales Push the Buy Button As mentioned above, Solana’s native token was among the biggest beneficiaries of Trump’s victory as it found a place...

Shiba Inu’s blockchain underwent a considerable upgrade today. The Heimdall and Bor hard forks are live. They aim to improve performance and stability and include an upgradeable burn contract. The Heimdall Hard Fork According to the official documentation, the latest version of the Heimdall upgrade, namely v1.07-bone has been released for the Shibarium blockchain. Amid the numerous features of the upgrade are: Documentation enhancements Improvements to code validation...

TL:DR; Shiba Inu surged on Sunday but retraced hard on Monday, alongside the rest of the market. However, certain analysts believe this could be the calm before the storm, and they even envision a new all-time high for the popular meme coin. SHIB’s Monday Downfall CryptoPotato reported yesterday the positive price developments around the second-biggest meme coin. At the time, SHIB was the top performer from the larger-cap alts, having surged by over 15% on a 24-hour scale....

TL:DR; XRP continues to make the headlines, with another notable surge that pushed its price beyond $2.7 for the first time in almost seven years. On-chain data has attributed this mindblowing monthly rally to whales accumulating the asset, mostly on Coinbase. It almost seems like a repeat now when it comes down to XRP’s price performances in the past month and since Sunday, in particular, but there’s a lot going on around the asset. Recall that just yesterday, Ripple’s...

TL;DR XRP surged to $1.44 with increased network activity signaling growing interest and potential for further gains. Analysts predict targets of $2 soon and over $4 by Christmas, driven by bullish momentum. XRP’s Resurgence Ripple’s native token has been flying high recently, with its price jumping to a three-year high of $1.60 on November 23. In the following days, it headed south alongside the broader market correction, but the past 24 hours have been more than...

TL:DR; Enemy number one for Ripple and many other cryptocurrency projects in the US will be leaving in January. XRP already reacted with a massive surge after the news broke, but how high can it go? This is the answer from ChatGPT and Perplexity. Gensler Leaves, XRP Surges The current chair of the US Securities and Exchange Commission announced on Thursday evening the long-anticipated news that he will leave his position at the agency on January 20, 2025 – the day...

The Chairman of the US Securities and Exchange Commission, Gary Gensler, took to X to announce that he will be stepping down from his position on January 20th, 2025. Gensler published a thread on his account on X, confirming what many already suspected. He will step down from his position on January 20th – the day Donald Trump is to be inaugurated as the 47th President of the United States. “The SEC is a remarkable agency. The staff & the Commission are deeply...

TL;DR XRP surged by double digits in the past week, with analysts predicting additional gains of up to $8. Rumors of SEC Chair Gary Gensler’s replacement with a new pro-crypto leader could aid Ripple’s legal issues, driving XRP’s growth further. The Potential Journey to a New ATH Ripple’s XRP was unable to join the massive bull run of the cryptocurrency market following Donald Trump’s win in the US presidential elections. However, in the past week, it followed suit and even...

TL;DR Binance launched a special promotion on specific JPY trading pairs, potentially aiming to attract Japanese traders and boost activity. This move coincided with a substantial surge in the assets’ prices. Benefits to These Traders The world’s biggest crypto exchange launched a zero-fee trading promotion for all users on the ADA/JPY, DOGE/JPY, and XRP/JPY spot trading pairs. The promotion period will run from today (November 15) to November 27. “The trading volume on...

TL;DR Certain on-chain metrics suggest overbought conditions, flashing the sell signal on BTC. The Fear and Greed Index is currently in the “Extreme Greed” zone, which could indicate a local top and a subsequent price decline. The Bearish Signals Bitcoin (BTC) has been the talk of the town recently. It entered a massive bull run mode since Donald Trump’s win in the US presidential elections last week, with its price reaching a record high of $92,000 on November 13. However,...