Tag Archives: Crypto Bits

TL;DR Ripple’s CTO posts a frog image on Twitter, sparking interest among Pepe Coin enthusiasts. PEPE sees a significant surge, likely influenced by a recent token burn of $6 million worth of assets. Broader bullish crypto trends, highlighted by Bitcoin’s rise, might also contribute to PEPE’s growth. Ripple’s Chief Technology Officer – David Schwartz – posted a somewhat mysterious picture on X (Twitter) that caused PEPE bulls to chip in. The reason behind their activity is...

TL;DR Uphold offers 20,000 XRP giveaway for eligible US trades of at least $20; initial reward was 10,000 XRP. The incentive follows Uphold’s partnership with Ripple to improve cross-border payments. XRP trades at around $0.56, close to its recent peak of $0.58. Doubling the Reward The US-based cryptocurrency exchange – Uphold – disclosed on X (Twitter) that one of its users will get the unique chance to win 20,000 XRP tokens (equaling over $11,000 at current rates). Those...

TL;DR Shiba Inu’s layer-2 solution, Shibarium, witnessed a 400% increase in daily transactions, reaching over 62,000 on October 25. Since its launch in August, Shibarium has seen over 1.3 million blocks and is nearing 4 million overall transactions. This growth in Shibarium is seen as a potential driver for SHIB’s price, which has recently risen by about 10% daily and 20% weekly, possibly also influenced by the broader bullish cryptocurrency market trends. What’s New With...

TL;DR Robinhood introduces cryptocurrency services in Nevada, covering major digital assets including Bitcoin, Ether, Dogecoin, and Shiba Inu. Dogecoin and Shiba Inu’s prices slightly retrace post-announcement, despite Robinhood’s significant SHIB holdings worth around $250 million. SHIB’s future valuation might be influenced by mass adoption and the development of Shibarium, aiming for faster, cheaper transactions. The American-based financial services company – Robinhood –...

TL;DR Attorney John E Deaton believes Coinbase has over a 50% chance of winning its District Court case against the SEC, with increasing odds at higher court levels. Before suing Coinbase for allegedly trading unregistered securities, the SEC initiated a similar case against Binance. Ripple has achieved several partial wins against the SEC’s claim that XRP was an unregistered security. A conclusive trial is set for April next year. ‘Better Than 50%’ John E Deaton – an...

TL;DR Ripple joins forces with crypto exchange Uphold to enhance cross-border payments, with both parties optimistic about the collaboration’s impact. XRP’s value dropped by 5% recently, despite its peak at $0.58 on October 24. The ongoing Ripple-US SEC lawsuit and overall crypto market trends could sway XRP’s future price movements. Ripple’s Latest Collaboration Ripple announced that it had teamed up with the American-based cryptocurrency exchange – Uphold – “to underpin...

TL;DR Cryptocurrency exchange OKX is set to remove 17 trading pairs in two phases at the end of October. While the exact rationale wasn’t provided, OKX emphasized its routine review of the performance and listing qualifications of trading pairs. Despite XRP being part of the delisting, its price remains on the rise, recently hitting a two-month peak of around $0.58. The leading cryptocurrency exchange – OKX – revealed that it will remove 17 spot trading pairs from its...

TL;DR After Jim Cramer’s sell advice in December 2022, Bitcoin nearly doubled from below $18,000 to over $34,000. Cramer wrongly encouraged crypto investments in early 2022, leading to a market downturn. Cramer’s endorsement of Silicon Valley Bank shares preceded its collapse a month later. Cramer ‘Called the Bottom’ John E Deaton – an American lawyer representing thousands of Ripple investors in the lawsuit against the US Securities and Exchange Commission (SEC) – was among...

TL;DR Jeremy Hogan sees a declining probability of the SEC winning against Ripple after key executives were cleared from charges. Hogan hints the SEC might drag the lawsuit to 2026, but with a minimal victory chance. ChatGPT anticipates a surge in XRP’s price with a possible peak at $10 if Ripple prevails. The SEC Seems Doomed to Lose The popular US lawyer and Partner at Hogan & Hogan – Jeremy Hogan – pinpointed a few possibilities that might occur before the final...

TL;DR Shiba Inu’s co-founder hints at significant partnerships during his recent silence on social media. SHIB saw a 2% increase in 24 hours and 1% weekly, with potential for further growth from major collaborations. The layer-2 solution, Shibarium, which achieved notable milestones, is viewed as a catalyst for SHIB’s price growth. Bullish Sign for SHIB? Shiba Inu’s lead developer, who uses the pseudonym Shytoshi Kusama, has recently shed more light on their inactivity in...