Crypto analyst Jaydee has outlined a scenario in which the XRP price could rise to as high as $20 at the peak of the next bull market. According to him, this price level is possible if certain factors are considered. What Will Facilitate XRP Price Rise To $20 Jaydee mentioned in an X (formerly Twitter) post that $20 is a “possible top” for XRP using the market cap as a marker. For this to happen, he also noted that there must be a structure break on the charts. The analyst,…
Day: January 23, 2024
Coinbase Downgraded to Underweight; Bitcoin ETF Catalyst May Disappoint: JPMorgan
JPMorgan notes that the bitcoin price is already under pressure, having slipped below $40,000, and it sees the potential for “cryptocurrency ETF enthusiasm to further deflate, driving with it lower token prices, lower trading volume, and lower ancillary revenue opportunities” for firms such as Coinbase. Original
Shiba Inu Ecosystem Soars: Shibarium Hits Crucial Milestone
In an exciting turn of events, Shibarium, the Ethereum-based layer 2 blockchain of Shiba Inu, has witnessed yet another crucial milestone in its overall number of transactions carried out on the platform. Shiba Inu Blockchain Latest Milestone The total number of transactions on the layer 2 blockchain has skyrocketed since Shibarium was launched, surpassing several crucial milestones. In addition, the blockchain is gaining enormous traction and has seen widespread utilization from its community members. The Shiba Inu blockchain recently reached another important benchmark after surpassing the 300 million transactions threshold.…
Crypto Custody Specialist Taurus Brings Tokenized Securities to Retail Customers in Switzerland
Crypto Custody Specialist Taurus Brings Tokenized Securities to Retail Customers in Switzerland Source
Bitcoin sliding, analysts explore altcoin alternative
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The Bitcoin price has fallen below $40K, stoking fears of even more downside. As such, traders are seeking alternative projects unaffected by the recent pullback. One such crypto is Bitcoin Minetrix, a project that enables users to cloud mine Bitcoin by staking BTCMTX. It has already raised over $9 million. The project incentivizes early buyers, with the price incrementally increasing throughout the presale. Currently, BTCMTX is available for $0.013.…
Trump bashes CBDCs again, cites pro-crypto candidate
In a recent rally at Laconia, New Hampshire, former U.S. President Donald Trump reiterated his opposition to the concept of central bank digital currencies (CBDCs). In a recent statement, former United States President Donald Trump reiterated his firm opposition to Central Bank Digital Currencies (CBDCs), vowing to prevent their launch. This stance aligns him with Vivek Ramaswamy, a pro-crypto candidate who has just suspended his campaign. Trump’s declaration on January 18th marks a significant moment in the ongoing debate around the future of digital currencies in the US financial system.…
Avalanche Foundation (AVAX) Puts Rules on Plans to Buy Meme Coins
“The Foundation embraces the full spectrum of creativity, culture, and camaraderie in the blockchain space, and broadly views meme coins, NFTs, and similar tokens created by the community for culture and engagement as ‘community coins,’” the statement shared with CoinDesk read. Source
XRP investors flocking to new cryptocurrency
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP drops 7% in one week Rebel Satoshi presale raises over $1.5 million. As altcoins like XRP fall, investors are exploring alternatives, including Rebel Satoshi (RBLZ), a meme coin. XRP drops 7% in a week XRP has been fluctuating between $0.5956 and $0.5487. The recent decline from $0.6032 to $0.5622 could be due to profit-taking following the spot Bitcoin ETF-fueled rally. Analysts remain optimistic, forecasting that the coin will…
Emerging Bitcoin stablecoin poised to challenge market leaders, CoinShares reports
CoinShares analysts anticipate the emergence of a Bitcoin-based stablecoin in 2024, which could potentially rival existing stablecoins in terms of transaction speed and cost efficiency. The development, highlighted in CoinShares’ latest outlook report released on Jan. 22, authored by the firm’s head of Bitcoin research, Christopher Bendiksen, and analyst Matthew Kimmel, suggests that 2024 will be a crucial year for Bitcoin in the stablecoin market. They predict the introduction of a Bitcoin project aimed at competing in the modern stablecoin sector, designed to be user-friendly and easily accessible. Bendiksen and…
Bitcoin (BTC) Prices Fall Under $39K As ETF Debut Continues To Be ‘Sell-the-News’ Event
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