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XRP price has crashed nearly 27% since forming a local top on September 29, 2024, at $0.664. With crypto markets sliding lower due to the Tether FUD and escalation of the Israel-Iran conflict, Ripple will also continue its descent. But the key question remains – “How low will XRP price go in November?” In this…
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Solana (SOL), a layer-one blockchain, has had a strong start in 2023, recently recording a 17% gain within a week. The cryptocurrency saw a surge, moving from the $150 support level to over $170 before stabilizing. However, recent price trends indicate a slight decline following staking activities from a Binance wallet. Solana Price Rises 17%…
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The world’s largest altcoin Ethereum (ETH) has faced major challenges with investors showing disappointment over its recent price performance. On the other hand, its Layer-1 competitor Solana is gaining much traction among investors amid strong DeFi activity. Popular economist Alex Kruger explains that ETH is no more a Trump trade and why he has stopped…
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Scroll Ecosystem’s Stablecoin Project Faces Major Crisis Amid Rugpull Concerns The cryptocurrency market was rattled Saturday as Scroll ecosystem’s stablecoin project Essence Finance came under intense scrutiny following suspected rugpull activity. The project’s stablecoin, CHI, experienced a devastating 98% price crash, while reports emerged of millions in collateral being withdrawn, leading to widespread speculation of…
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The Bitcoin price reversal from the $70,000 psychological level has renewed the selling momentum in the October market. Contrary to the historical trend of a bullish Q4, several altcoins are already hovering in the overbought zone, signaling that a broader market pullback could trigger a significant downturn. Thus, risk-averse traders may sell these assets in…
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Cardano founder Charles Hoskinson recently had a change of heart about Bitcoin and believes that the BTC DeFi market will be bigger than the Solana and Ethereum markets in the future. His recent comments come nearly two months after Hoskinson said that “we don’t necessary need Bitcoin” and “I don’t see how Bitcoin survives”. But…
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A hacker drained US$20 million from a government wallet on Thursday, but most of the funds returned on Friday amid intrigue about the incident, which Twitter highlighted as likely involving one of the biggest thefts of the year. A famous blockchain sleuth ZachXBT discovered this suspicious activity. He wrote the wallet was interacting with several…
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Crypto Market Tumbles as Bitcoin Dips to $65,500 Amid Middle East Tensions The cryptocurrency market experienced a sharp decline today, with Bitcoin (BTC) dropping 2% to test support at $65,500. The selloff intensified across altcoins, with Ethereum, BNB, SOL, and XRP recording losses between 3-6% following Israel’s military action against Iran. This latest geopolitical development…
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The crypto prices today have sparked bearish sentiments among market watchers globally, embarking on a downside momentum. Bitcoin (BTC) price waned to the $66K level over the past day, whereas Ethereum (ETH), Solana (SOL), and XRP prices dipped 3%-6%. Simultaneously, the global crypto market cap declined 2.48% over the past day and is currently resting…
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Democratic presidential nominee Kamala Harris likened former President Donald Trump to Adolf Hitler to which Cardano founder Charles Hoskinson took concern, highlighting what consequences such inflammatory comparisons might bring about. Cardano Founder Charles Hoskinson: “Not Everyone You Disagree With is a Fascist” Comparisons of controversial figures with historical dictators distressingly are common in the recent…