Tag Archives: Crypto Bits

The trading volume of the fifth largest cryptocurrency by market capitalization – XRP – has spiked by over 90% in the past 24 hours, whereas other indicators, such as the asset’s futures long/short ratio, have also headed north. Those are considered bullish factors, indicating that traders believe the coin’s price could soon start rallying. XRP on a Pole Position The cryptocurrency market has shown signs of serious revival lately, with the prices of most assets spiking to...

Shiba Inu is getting ready for the next bull run. In a new post, the content strategist of the project, Lucie, took it to X to calm the community while also talking about the team’s future plans. Let’s dive in. SHIB Readying for a Bull Run The content strategist of the Shiba Inu ecosystem – Lucie – took it to X to talk about future plans while also making some clarifications to calm the community down. …There’s no need to worry. The market is the market, and FUD is just a...

There’s been an interesting ongoing discussion among XRP aficionados on Twitter lately, with some laying arguments as to what the future of Ripple should look like so that it supports the company’s vision, as well as that of XRP holders. A community member, Yassin Mobarak, took it to X to comment: I’m sensing Ripple is shifting from reliance on XRP in cross-border payments to new use cases such as institutional custody of digital assets, derivatives, CBDCs, and carbon credit...

Ripple’s XRP has been one of the most popular cryptocurrencies for the past three years, and most of it probably came from the importance of the company’s case against the US Securities and Exchange Commission. In fact, as CryptoPotato recently reported, the cryptocurrency ranked very high in a list that tracks the performance of various coins in terms of social engagements. XRP ranked third, following only Bitcoin and Ethereum. And while a lot of the attention goes toward...

The past few days have been relatively positive for Bitcoin’s price, which has been increasing since Tuesday, September 12th. At the time of this writing, BTC is trading at around $26,500, but the co-founder of Glassnode has a bullish prognosis. Consumer Price Index Important for Bitcoin’s Price In his prediction, the co-founder of the popular cryptocurrency analytics resource, Glassnode, outlined that the US Consumer Price Index (CPI) jumped by 0.6%, which led to some...

It’s safe to say that Ripple is going through quite a bit, and it seems it’s been this way ever since the United States Securities and Exchange Commission filed a lawsuit against the company. Back in 2020, the Commission alleged that Ripple Labs had conducted an unregistered sale of securities worth more than a billion dollars, essentially claiming that XRP is a security. Needless to say, this caused much damage to the cryptocurrency and its community. Now, no other than a...

The case between Ripple and the United States Securities and Exchange Commission has surely done a lot of damage to the company and its cryptocurrency – XRP. In fact, a lawyer who represents tens of thousands of XRP holders recently took it to X to outline the damage that the lawsuit has caused the company. He argued that it harmed not only the cryptocurrency’s adoption but also potentially affected major developments in the past three years. XRP Amid the Ongoing SEC Saga...

Ripple is pushing a new upgrade to its XRP Ledger that will introduce a couple of very important features. In fact, the company’s CTO has, on multiple occasions, expressed his excitement over the upgrade and said that he’s very much looking forward to it. But this has also sparked a discussion on the impact of the implementation on XRP’s price. Let’s dive in. What’s The Fuss All About? As CryptoPotato reported, Ripple is about to implement an upgrade to its XRP Ledger that...

Shiba Inu is undoubtedly one of the most popular cryptocurrency projects. But what’s interesting about it is that it boasts a tremendous base of retail investors as part of its community. That said, retail investors tend to be the perfect target for a number of bad actors. And, in the crypto industry, scammers are becoming more creative by the day. There are a variety of ways in which hackers are trying to get your precious crypto, and faking a token is just one of them....

If there’s one particularly grim story in crypto’s not-so-long history, FTX’s bankruptcy must be among those competing for that spot. The exchange’s downfall is likely even to get televised as one of the most scandalous catastrophes in modern financial times. That said, according to a recent court ruling, FTX now has approval to dump its cryptocurrency holdings in a bid to make creditors whole. This has been one of the headlines of the week. Note that the exchange is now run...