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Future Trends Capital, a venture incubation platform, recently predicted targets for XRP price and other top assets over the next 6-12 months. In particular, XRP faces an uphill battle to regain the levels the platform predicted. For context, Future Trends predicts that XRP will eventually assert the elusive $1 price level from April to November 2025. However, XRP price, currently trading at $0.51, will have to fight multiple resistance levels before reclaiming the $1 mark. The altcoin has been trading below this level since falling below it in December 2021. XRP’s fight below $1 The closest XRP came to this…
Tether CEO Paolo Ardoino has refuted a report in the Wall Street Journal that US federal authorities are investigating the company for possible money laundering. WSJ today published an exclusive report claiming that the U.S. Attorney’s Office in Manhattan is investigating stablecoin providers. Potential charges center on whether third parties used Tether’s platform to facilitate illegal activities such as drug trafficking, terrorist financing, and hacking, or to disguise the proceeds of such crimes. It is said that it is. WSJ accusations against Tether cause temporary market turmoil Immediately after the WSJ report, Ardoino said Tether had not observed any signs…
Recent market developments have Dogecoin price approaching an important milestone in the moving average. Dogecoin is on the verge of achieving a weekly golden cross for the first time in four years, as noted by an analysis on the TradingView platform. This technical pattern where the 50-week moving average is above the 200-week moving average is extremely rare in Dogecoin. Interestingly, history shows that the golden cross is one of the best bullish indicators, suggesting that Dogecoin price may be poised for a massive surge. Dogecoin price approaches Weekly Golden Cross Technical analysis of Dogecoin price trends shows that golden…
Alderoti also emphasized that the SEC cannot submit new evidence or force Ripple to submit further evidence. Ripple’s Form C filing sparked a debate within the legal community focused on institutional sales and fair notice. Bill Morgan, a lawyer representing cryptocurrencies, commented on the filing: “Ripple’s cross-appeal targets essential ingredients issues, institutional sales, fair notice defenses, and injunctions that are not sufficiently clear and specific.” In a final ruling, Judge Annalisa Torres granted the SEC’s request for injunctive relief and ordered Ripple to comply with U.S. securities laws. The SEC sought an injunction to prohibit the sale of XRP to…
Improbable Tech, a prominent UK technology company known for its VR and blockchain research, recently announced the debut of Somnia Crypto on DevNet. Improbable’s latest innovations promise a fresh approach to blockchain and virtual reality, positioning it as a frontrunner in the evolving metaverse environment. Recognized as the creative force behind Yuga Labs’ Otherside platform, Improbable is poised to lead a new chapter in social, economic, and community development through Metaverse technology. As Somnia Crypto prepares to launch Betanet, expectations are high about how this next-generation blockchain will shape the digital universe. Somnia Crypto: Powering blockchain gaming and VR Somnia…
Oasys, a blockchain network focused on advancing the gaming industry, recently announced a strategic partnership with Miracle Play, a prominent esports tournament platform. This collaboration sets the stage for a transformative leap forward in Japan’s esports sector, with the aim of introducing blockchain technology as a means of establishing a more immersive, efficient and fair tournament experience. The collaboration between Oasys and Miracle Play highlights the significant push of blockchain in Web3 gaming, resulting in a green and scalable solution designed to meet the demands of modern gaming communities. The announcement of the partnership was made through Oasys’ official channels…
Cryptocurrency prices today are on a downward trend, sparking bearish sentiment among market watchers around the world. Over the past day, Bitcoin (BTC) prices have fallen to the $66,000 level, while Ethereum (ETH), Solana (SOL), and XRP prices have fallen between 3% and 6%. At the same time, the global cryptocurrency market capitalization has fallen by 2.48% in the past day and currently stands at $2.27 trillion. However, the total market value increased by 45.66% to $105.01 billion. Here we briefly summarize some of the top cryptocurrencies by market capitalization and their price trends as of today, October 26th. Cryptocurrency…
Bitcoin (BTC) price fell 2%, falling once again to the $65,500 support level, causing the broader crypto market to tumble. Following Israel’s attack on Iranian military targets, the altcoin pullback was even stronger, with Ethereum, BNB, SOL, and XRP each declining 3-6%. Geopolitical uncertainty is once again causing tremors across crypto markets and other risk-on assets. Cryptocurrency market crash after Israel attack on Iran Israel’s military launched “precision strikes” on Iranian military bases early Saturday morning amid rising tensions in the Middle East. According to media reports, several strong explosions were heard in the Iranian capital Tehran. This development caused…
DOGE has gained 26.61% over the past month. Market indicators suggest that Dogecoin could fall if a bearish crossover appears on DMI. Dogecoin (DOGE) has fallen 8.05% since reaching a local high of $0.149 on October 21st. In fact, at the time of this writing, Dogecoin was trading at $0.137. This is an increase of 2.59% over the past week and the meme coin is up 26.61% on the monthly chart. The month is still in the blue, but the uptrend appears to have lost momentum. This observation stems from the fact that DOGE soared 46.05% from $0.102 to $0.149…
Bitcoin is currently holding steady above the $65,000 level after a period of high volatility and bullish sentiment. This price stability comes amid significant market development. Santiment’s key data reveals a notable increase in Bitcoin whale activity over the past two weeks, indicating that large investors are accumulating BTC. Conversely, the data also highlights a shrinking group of retail investors, suggesting a shift in market dynamics. This combination of factors indicates that an accumulation phase is underway as whales are accumulating positions while small investors appear to be pulling back. The growing presence of these large holders often signals confidence…