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The XRP token has experienced a significant decline this month, losing nearly 15% of its value. The XRP token has experienced a significant decline this month, losing nearly 15% of its value. The main catalyst for this decline was the SEC’s recent appeal of the ongoing Ripple lawsuit, a move that has created uncertainty in the market. Source: BNC XRP Liquid Index Despite the economic downturn, market analysts suggest this is not a cause for panic and could present a buying opportunity. Historical price patterns and recent whale activity suggest a potential for future XRP price spikes. However, the SEC’s…

The ancient Bitcoin (BTC) whale has just woken up from nearly 11 years of hibernation. Blockchain tracking bot Whale Alert said on social media platform X that whale wallets that were worth less than $100,000 in 2014 are now worth millions of dollars. “A dormant address containing 100 BTC (6,113,890 USD) was activated after 10.8 years (2014 value of 83,492 USD)!” Bitcoin’s massive price rise over the past decade has seen the wallet rise more than 7,222% and into green territory. After the wallet received 100 BTC on January 4, 2014, nothing happened until today when the 100 BTC was…

Bitcoin has not only been a trendsetter, ushering in a wave of cryptocurrencies built on a decentralized peer network—it has also become the de facto standard for cryptocurrencies, inspiring an ever-growing legion of followers and spinoffs. Because it isn’t the only cryptocurrency available, looking into others and finding out which ones besides Bitcoin are doing well is essential. Here are some alternative cryptocurrencies that have held on throughout the steep price climbs and nosedives. Key Takeaways Bitcoin continues to lead the pack of cryptocurrencies in terms of market capitalization, user base, and popularity.Other virtual currencies, such as Ethereum, are helping…

Comparison of XRP price and exchange reserves | XRPUSD | TradingView After the massive crypto market crash occurred on September 5th, the graph above shows that exchange deposits increased continuously from 2.94 billion XRP to 3.12 billion XRP on October 1st. It shows what has been achieved. During this period, the total deposit volume on the exchange platform increased to the equivalent of 187 billion XRP. For about $100 million. Sustained forex inflows usually suggest that traders are looking for short-term selling opportunities, and vice versa. However, since Bitwise’s XRP ETF was filled on October 2nd, it has begun moving…

When evaluating the top crypto wallets, it’s important to look beyond basic storage and security. Although SafeWallet and Plus Wallet both offer users the ability to control their digital assets, there are distinct differences in functionality and user experience.Digging deeper into these wallets reveals their various strengths. Recent updates to SafeWallet have improved security and asset management, but limited iOS availability and high transaction fees may reduce its appeal for some users.In contrast, Plus Wallet offers a more accessible and valuable experience designed to help users grow their crypto holdings. With its innovative rewards program and seamless multi-chain management, Plus…

Ripple XRP investors are bracing for potential price fluctuations as the SEC appeal deadline approaches. On the other hand, growing concerns about Caspa’s soaring TVL are impacting holders. A new non-custodial platform called Lunex Network is also gaining attention for its unique features and potential for growth in the DeFi space. Let’s take a closer look at these altcoins. Ripple (XRP) could reach $1 by December Ripple XRP price rose dramatically after news of a possible SEC appeal circulated on X and other social media platforms. On September 28, 2024, XRP was trading at $0.5878. XRP price increase started at…

In the cryptocurrency space, Dogecoin (DOGE) and its thematic equivalent, Doge2014, are making waves. Doge2014 is also in the spotlight as Dogecoin rises 5.10% to $0.1243 and trading volumes increase. Designed to celebrate Dogecoin’s 10th anniversary, this new ERC20 token is currently on pre-sale, raising over $505,000 and offering big bonuses and an epic airdrop. The increased interest in Doge2014 highlights the continued excitement surrounding the meme coin. Dogecoin recent performance and market outlook Dogecoin (DOGE) is currently trading at $0.1243, marking a notable daily increase of 5.10%. The price reached a resistance level above $0.128 and then faced a…

DUBAI, UAE / ACCESSWIRE / October 6, 2024 / Future Blockchain Summit 2024, the region’s most immersive large-scale blockchain event, will be held from October 13 to 16, 2024 in the iconic Dubai It will be held at Harbor. As a premier event, MENA will bring together 1,200+ investors, 120 exhibitors, and 150+ speakers from over 50 countries, uniting the blockchain and cryptocurrency ecosystem under one roof. . This year’s event will be a hub of breakthrough ideas and collaborations designed to shape the future of blockchain technology and its impact on global industries.Recognized as a global Web3 hub, Dubai…

Ethereum price rose 1.03% during a low-volatility Sunday trading session and is currently trading at $2,438. The market rally is a recovery from weekday selling pressure spurred by war-like conditions between Israel and Iran. With ETH L1 fees hitting an all-time low, will the correction trend become more widespread, facilitating a reversal from the previous deflationary trend? Ethereum price rises to $3,000 on the verge of post-denkun inflation After the Dencun upgrade, Ethereum’s Layer 1 (L1) fees will trend downward and reach an all-time low in mid-2024. Intotheblock analysis shows that implementing EIP-4844 reduced the cost of Layer 2 (L2)…

Global cryptocurrency market capitalization fell 7% last week, losing $160 billion to close at $2.15 trillion. While Bitcoin (BTC) influenced the broader market, several altcoins went their own way and benefited from their own development within their ecosystem. Following last week’s diverse price action, here are some of the cryptocurrencies to keep an eye on this week. HMSTR 18% collapse Hamster Combat (HMSTR) had a bearish week, dropping 18% to $0.004714. The worst day was October 1, when the stock fell 13.94% as the overall market declined due to geopolitical tensions. HMSTR 4H Chart – October 6 |Source: crypto.news Last…