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In a recent video commentary, cryptocurrency influencer Levi discussed Ripple’s upcoming RLUSD stablecoin and its potential impact on XRP. Levi suggested that new developments in regulatory clarity combined with the launch of RLUSD could drive the price of XRP higher, potentially pushing the price to $10 per coin. Levi noted a series of important events and expressed surprise at recent developments surrounding XRP. He highlighted the SEC’s recent opposition to SEC Chairman Gary Gensler and the importance of minting RLUSD to Ripple and XRP. Levi acknowledged that some viewers may be confused about the relationship between RLUSD and stablecoins like…
According to CQ Korea analyst Crypto Dan, Bitcoin’s current market trends indicate that the bullish cycle is still underway. In a post on CryptoQuant, Dunn highlights the historical pattern of the 2013 and 2020 cycles, showing two upswings where long-term investors realized profits twice before reaching the peak. Unlike 2017, when there was no period adjustment, the current market more closely resembles these earlier cycles, he argues.His chart of CryptoQuant’s long-term holder expense return (SOPR) supports this outlook, showing a similar trend to previous bullish cycles.Bitcoin Long Term SOPR (CryptoQuant)SOPR is an indicator that measures whether long-term holders (those who…
In the early morning hours of October 11, Bitcoin fell below $59,000 for the first time since September 18, triggering a prolonged liquidation across the crypto market. Earlier in the week, on Monday, October 7th, Bitcoin reached a local high of $64,400, but by Thursday, October 10th, it had fallen to $61,200.It fell to $58,800 overnight, but has recovered to $60,700 at the time of writing. The digital asset is currently down 5.8% from this week’s high.According to data from Coinglass, 58,176 traders were liquidated in the past 24 hours, bringing the total liquidation amount to $196.65 million. The most…
Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. See why the professional investor who predicted Solana’s breakout is now betting big on XRP and Lunex Network. Investors are expecting big gains for some altcoins this cycle, but the professional investor who predicted Solana (SOL)’s breakout of $117 resistance is now betting on XRP (XRP) and Lunex. We are betting big on the network (LNEX). Although XRP is in a long-term range, there is speculation that a bullish breakout could occur soon. Lunex Network, on the other hand,…
Over the past few decades, the gaming industry has gone from modest bar entertainment in the form of Pong, Pac-Man, and Company to a global enterprise worth billions of dollars. Today, video games like Grand Theft Auto, World of Warcraft, and Fortnite are the most valuable entertainment products, far surpassing movies, music, and television. But in recent years, with the continued flood of new games, player preferences have changed, especially when it comes to revenue-generating opportunities. Games like World of Warcraft, Counterstrike GO, and the FIFA series have introduced the concept of owning digital in-game assets and trading them for…
According to the price prediction chart, ETH’s recent underperformance may continue for quite some time. This development led Whale to shift his attention to a promising new altcoin: Rollblock. Despite being a relatively new cryptocurrency, Rollblock is quickly becoming a lucrative investment opportunity for investors looking for big returns. Here’s why: Rollblock makes market debut in gaming ecosystem With ETH hemorrhaging, those whales are now interested in Rollblock and its unique gaming protocol. Rollblock allows crypto gamers to participate in online gaming with the power of a fully decentralized revenue model. This innovative decentralized casino is reshaping the $500 billion…
This is then a critical time for both the project and potential believers. For the project, it’s an opportunity to secure funding, but also to build a community like the one around EarthMeta, and create a buzz around their offering. One of the main attractions of participating in crypto presale is the potential for substantial returns. Many users dream of achieving that magical 1000x return—the kind that turns a modest investment into a life-changing sum. But how exactly does this work? To understand this potential, you must first grasp the basic principle of buying low. To achieve a 1000x return,…
Tron founder Justin Sun has been elected prime minister of Liberland, a self-declared sovereign micro-state located between Croatia and Serbia.Tron founder Justin Sun has been elected prime minister of Liberland, a self-declared sovereign micro-state located between Croatia and Serbia. The election was held on October 5th entirely using blockchain technology.The 2.7 square mile micro-state is home to entrepreneurs Evan Lutra, journalist Gillian Gosi, Croatian politician and former parliamentarian Ivan Pernal, and IT expert Dorian Stern Vukotic, among others. VIPs were also invited to the assembly. Liberland state officials have emphasized the transparent and algorithmic nature of the elections, saying the…
Ripple has filed a cross-appeal against the SEC’s ruling in this case. Ripple is challenging the SEC’s interpretation of securities laws regarding XRP. The outcome of the appeal could have a significant impact on virtual currency regulation. Ripple, the blockchain company behind the cryptocurrency XRP, has filed a cross-appeal with the Securities and Exchange Commission (SEC) as litigation continues. The move came after regulators appealed the district court’s decision, saying it contradicted longstanding Supreme Court precedent and securities laws. The court previously ruled that XRP itself is not a security when sold to retail investors, resulting in a partial judgment…
Ethereum continues to chop horizontally, worsening bullish sentiment. ETH is below $2,800 but encouragingly above $2,300, so risk-off traders can stay on the sidelines. The coin is bearish and is within a descending channel as observed from higher timeframes. In the short term, the reaction between $2,300 and $2,800 will shape the future trajectory. After the retracement from $4,100, ETH could creep higher and close above local resistance, especially if buyers are committed. Otherwise, if the crypto market crashes, Ethereum will fall below its August lows.Traders are optimistic, but nothing is showing on the daily or weekly charts. Prices have…