Tag Archives: Crypto Bits

TL;DR Analysts foresee a potential XRP rally, envisioning a surge to $0.90 if the asset clears crucial resistance points, despite recent underperformance. The US presidential election results could fuel enhanced volatility for the entire crypto market and Ripple’s native token particularly. ‘Bearish Outlook or a Strong Bullish Trend?’ Despite its slight resurgence in the past 24 hours, Ripple’s XRP remains one of the poorest performers (from crypto’s top 10 list) on a...

TL;DR Binance’s support for certain tokens drives price surges, as seen with recent additions. Delistings from the platform often lead to significant drops for affected tokens. The Binance Effect Most leading cryptocurrencies have recorded little to no price volatility in the past 24 hours, seemingly preparing for action after the final results of the US presidential elections (set for November 5). However, some assets still charted substantial gains amid the overall...

TL;DR Analysts share optimistic BTC price predictions. One trader thinks a parabolic increase of $300K is possible sometime next year. The US presidential election on November 5 may drive BTC volatility due to candidates’ contrasting crypto policies. New Peak Under This Condition Bitcoin’s price has been one of the hottest topics in the crypto space in the past few days. It pumped to as high as $73,600 (just $150 away from tapping a new all-time high) on October 29 before...

TL;DR Ripple co-founder Chris Larsen endorsed Kamala Harris, citing her pro-innovation stance and connections to the Bay Area tech scene. The US presidential candidate recently voiced support for a crypto regulatory framework aimed at protecting vulnerable groups but has yet to provide specific policy details. ‘Excited About Harris’ Economic Message’ The US presidential elections are less than a week away (scheduled for November 5), with Republican Donald Trump facing...

TL;DR Analysts anticipate a strong BTC rally, driven by bullish market signals and potential accumulation by large entities. On the other hand, high profitability among holders may suggest a short-term price correction. BTC Explosive Rally Incoming? The leading digital asset traded sideways over the past weekend, ranging from $66,500 to $67,500. However, the start of the new week offered a new resurgence, with BTC soaring well above $68,500. BTC Price, Source:...

TL;DR The SEC continued the legal battle with Ripple by filing an official appeal on a specific summary judgment. The company’s CLO likened the regulator’s desire to prevail in the case to the tragic end of Captain Ahab from the novel Moby Dick. What Does the SEC Hope for? The legal tussle between Ripple and the US Securities and Exchange Commission (SEC) seems nowhere near its end following the latest move by the agency. Recall that it officially appealed a 2023 verdict of...

TL;DR Shibarium-related metrics have headed north lately, while SHIB’s burn rate exploded by triple digits on a 24-hour scale. However, the recent shift from self-custody methods toward exchanges could be interpreted as a bearish factor for the meme coin’s price. Good News for SHIB Bulls? The second-largest meme coin has performed quite well in the past month, registering a 30% price increase. Despite being slightly in the red today (October 21), some important factors...

TL:DR; ApeCoin’s price surge continued after our initial reports and tapped a 6-month peak of over $1.7 earlier today. However, its all-time high is still far ahead and the questions arises whether it will be able to break it amid the ongoing developments around the project. APEMania Is Here? It’s safe to say that today belongs to ApeCoin’s native token. As reported earlier, it exploded by 65% in hours after the launch of ApeChain – the protocol’s bridge that allows users to...

TL:DR; ApeCoin made the news over the weekend after launching its bridge that allows users to earn a yield on certain crypto assets, including APE. The native token’s price skyrocketed by over 60% within hours, leaving questions about how high it can go. APE’s Price Targets CryptoPotato reported earlier today the massive achievement by ApeCoin’s team. After months of standing on the sidelines without attracting significant attention from the general public, the devs...

TL;DR A trader turned a $96 meme coin investment into a paper profit exceeding $3 million. However, investors should pay attention when jumping on the bandwagon due to the infamous volatility of memes, which could lead to devastating losses. What a Trade… Meme coins are an exciting part of the cryptocurrency world and have become quite trending during the latest bull cycle. They pop out quite frequently, with some witnessing astonishing price increases in a short period of...