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We will analyze the future price rise of Litecoin and Tron. As reported by ChangeNOW, a platform that enables anonymous crypto exchange, the trading volume of these digital currencies is increasing. The service is backed by cautious investors and large stakeholders, and activity is increasing. Such growth suggests future profit potential and suggests an accumulation phase by investors. Litecoin rises over 13% in one week: bulls could take the lead Litecoin (LTC) price recently rose between $62 and $67, marking an impressive weekly increase of over 13%. The Relative Strength Index (RSI) is hovering around 56, suggesting bullish momentum is…
Editor’s note: The headline of this article has been updated to clarify that Bitcoin is not the most traded asset, but rather the most regular investment on the Robinhood platform, and the article has been updated with more details. Ta. Trading platform Robinhood Markets HOOD has grown from a strong base of young and retail users to a platform that caters to everyone, the company’s chief securities officer Steve Quirk said during the 2024 HOOD Summit. “It’s kind of exciting to watch,” he told Benzinga of the development. Robinhood’s Growth: With a long career in the trading world at TD…
TL;DR Ripple plans to launch a stablecoin, RLUSD, later this year, which could increase confidence in the company’s technology and lead to a rise in the price of XRP. Another factor that could impact the token’s volatility is the Ripple vs. SEC lawsuit, whose formal termination looks set to be extended in the future. ChatGPT estimation In April of this year, Ripple announced plans to introduce a stablecoin pegged 1:1 to the US dollar. In the months that followed, the team announced further details about the product. It will be called RLUSD and will be available on the XRP Ledger…
Vitalik Buterin has always been regarded as the quiet genius behind Ethereum. Focused and introspective, you’re more interested in solving complex problems than fueling hype. But that seems to have changed recently. Vitalik Buterin, co-founder of Ethereum. (Shutterstock) Posted October 19, 2024 at 3:12 AM ET. Ethereum’s price has been struggling, especially when compared to Bitcoin and Solana. The price of 1 ETH to 1 BTC has fallen by 30% over the past year, and this ratio has been consistently declining for the past three years after peaking in November 2021. Why is this happening? Many have pointed out that…
Large crypto investors known as “whales” are increasingly supporting Ethereum, Monero, and Litecoin. According to ChangeNOW, a popular anonymous crypto exchange platform, the trading volume of these coins has skyrocketed. This trend suggests that investors may be at the stage of accumulating these digital assets, suggesting potential for future growth. Ethereum eyes resistance as bulls push price higher on short-term rebound The price of Ethereum is on the rise, trading between $2,350 and $2,550, with a notable increase of nearly 10% in the last week and more than 11% this month. The nearest resistance level is just above around $2,630,…
A widely followed crypto analyst believes Bitcoin (BTC) is on the verge of reclaiming the $68,000 level on Friday and setting a new all-time high (ATH). Cryptocurrency trader Michael Van de Poppe told his 730,800 followers on social media platform He said there is. However, he cautions that Bitcoin may first retest the $65,000 level before seeing a sustained rally. “Bitcoin remains strong, which means some weakness for the market, with elections and the possibility of another Fed rate cut just weeks away. Bitcoin’s ATH is approaching .” Source: Michael van de Poppe/X The analyst also notes that the recent…
Sponsored post* Crypto whales have sold over $600 million in Bitcoin, making a sizable profit. Although many experts argue that selling Bitcoin was premature, the question remains: what should Bitcoin be replaced with? Currently, Cardano is very cheap. Is it a great “buy low” opportunity? Fantom is making some interesting moves down the ranks. Is it worth the gamble? Another option is the new online casino Rollblock, which has already raised over $4.4 million in liquidity. Let’s compare. Rollblock (RBLK): Online casino dApp goes big Crypto whales and retail investors looking for big profits should consider Rollblock, a new online…
Litecoin (LTC) activity has increased sharply, with intraday trading volume reaching nearly $4 billion, the highest level in nearly 16 months, according to Sentiment Data. This increase reflects public interest due to increased awareness of cryptocurrencies due to new policy initiatives and the growth of the Litecoin ecosystem. Litecoin continues to gain momentum, successfully breaking through the $70 milestone and now targeting the psychological level of $100. LTC is currently trading at $74.31 and has a market cap of $5.45 billion. The recent rally in the cryptocurrency market has been reinforced by Bitcoin briefly rising to around $68,000, which is…
XRP has shown relatively stable price over the years, even after going through several market cycles, and some believe this trend could be beneficial for adoption. XRP relative price stability After reaching an all-time high of $3.31 in January 2018, XRP experienced a significant decline and began trading within a narrow range of $0.52 to $0.25 from July 2018 to June 2019. Notably, the price hit a low of $0.11 in March 2020 and recovered to $1.96 in April 2021. However, XRP has since returned to the $0.50 level and its current value is hovering at $0.54. For context, Bitcoin…
BTC weekly chart 191024 Cryptocurrency demand increases due to US presidential election On Monday, October 14th, US Vice President Kamala Harris outlined her Opportunity Agenda for Black Men and gave assurances to crypto investors. The agenda stated: “Supporting a regulatory framework for cryptocurrencies and other digital assets to ensure that Black men who invest in and own these assets are protected. It will ensure that black men and other participants in the market are protected.” A regulatory framework that fosters innovation while protecting retail investors would be a boon for the cryptocurrency industry. Importantly, regulatory clarity could eliminate the SEC’s…