Tag Archives: Crypto Bits

TL;DR Dogecoin has seen increased volatility, with predictions, including by Twitter user AngeloBTC, suggesting it might reach $1. The memecoin spiked by 6% in 24 hours and over 8% weekly. Dogecoin’s sustained popularity is attributed partly to its endorsement by Elon Musk, Tesla’s CEO, and the interest in other memecoins like Shiba Inu (SHIB). The first-ever memecoin – Dogecoin (DOGE) – is among the most intriguing digital assets for traders due to its enhanced volatility....

TL’DR BlackRock CEO Larry Fink praises the Bitcoin network, citing pent-up interest in crypto and a flight to quality as drivers of the recent rally. Confidence in SEC approval of a Bitcoin ETF is growing, reinforcing Bitcoin’s quality and mainstream adoption, as evidenced by increased stablecoin flows into Bitcoin. The ongoing trial of Sam Bankman-Fried highlights the narrative that decentralized cryptocurrencies like Bitcoin are more reliable and of higher quality, leading...

Bitcoin’s price continues charting gains, and it seems that the weekend has caught bears unprepared. At the time of this writing, BTC is up 2.1% on the day, trading at above $30K – an important psychological and resistance level. It’s worth noting that it’s not the first time this week that Bitcoin has tried to overcome $30K. On October 16th, prompted by false reports of an approved spot Bitcoin ETF, the BTC price shot up to around $30K on Binance. As soon as the reports were...

TL;DR The approval of a spot Bitcoin ETF by the SEC has been a highly debated topic, and a recent false report claiming approval caused a temporary 10% increase in BTC’s price. The likelihood of Bitcoin reaching $100,000 after SEC approval depends on various factors, with institutional demand being a significant consideration. Increased institutional interest could lead to higher demand and drive up the price. Other factors, such as the regulatory environment and the timing...

TL;DR Following Ripple’s SEC win, XRP surged to $0.53. Big investors now control 29.5% of its supply. Legal victories and increased holdings indicate potential for new XRP highs. Both human analysts and AI, like ChatGPT, foresee regulatory clarity boosting XRP’s future value. XRP Sharks and Whales Control Almost 30% of the Supply Ripple and its native token – XRP – have splashed the waters in the cryptocurrency space once again after the company secured a third court victory...

TL;DR CryptoPawCoin (CPRC) plummeted by approximately 90% in 24 hours, despite the broader crypto market’s bullish trend. The newly-launched token spiked by nearly 700% in mid-October, but faced skepticism due to its low market cap and absence from CoinMarketCap. CPRC claims to merge blockchain with animal welfare, aiming to support animal-related organizations. The recent price drop raises concerns about a potential “rug pull” scam. Despite the ongoing bullish condition of...

TL;DR Binance will delist 17 liquidity pools from its Liquid Swap by October 27, including pairs like DOGE/BUSD and SHIB/BUSD, but Binance Spot remains unaffected. Despite delistings, Dogecoin and Shiba Inu prices remain strong, reflecting the overall positive crypto market trend. BitMEX also delisted pairs, including FLOKI/USD, but Floki Inu’s value has seen a significant uptrend recently. Binance Removes the Following Pairs The world’s largest cryptocurrency exchange –...

TL;DR Speculation suggests France might use XRP for its digital euro, backed by positive references from Banque de France. The European Union is progressing towards a digital euro with recent European Central Bank movements. Bhutan and Montenegro have already collaborated with Ripple for their CBDC efforts. Could XRP Find a Spot in France’s Future Financial Plans? Several X (Twitter) users have recently speculated that one of the leading European economies – France – might...

TL;DR US attorney John E Deaton noticed a potential shift in the SEC’s stance towards the cryptocurrency industry, especially after not leveraging the recent fake BTC ETF news to criticize the sector. Previously, SEC’s Chairman Gary Gensler frequently associated crypto with negative activities. Deaton suggests Gensler’s behavior may be influenced by major institutions’ opinions. Despite a rumor that the SEC approved BlackRock’s BTC ETF application causing a price surge, the...

TL;DR Financial expert Linda Jones suggests XRP could be a lucrative investment due to its volatility and potential for future price increases, with Wall Street firms showing interest in its futures contracts. While some crypto analysts have given lofty predictions for XRP’s future value (e.g., $27 or even $500), these figures require XRP’s market cap to reach unprecedented levels. Speculation around Ripple potentially filing for an IPO could significantly impact XRP’s value,...