XRP, the native token of Ripple, is stirring up excitement in the crypto market with analysts predicting a potential short-term price explosion. However, the extent and timing of this surge remain a point of contention. In a recent analysis of the cryptocurrency market, several market analysts have expressed optimism about the short-term prospects of XRP, the digital asset associated with Ripple. These analysts believe that XRP could experience a substantial increase in price, potentially reaching new heights before the peak of the current market cycle. XRP Bold Predictions: Fact Or…
Day: March 24, 2024
Japanese Crypto Influencer Calls Ethereum Improvement Proposal 4844 a ‘Layer 1 Middle Ground’
According to Mai Fujimoto, a Japanese crypto influencer and co-founder of Intmax, the Ethereum Improvement Proposal (EIP) 4844 – also known as proto-danksharding – have emerged as a solid solution for addressing the Ethereum network’s scalability challenges. The EIP 4844 is also significant for scaling solutions such as zero-knowledge rollups (zkrollups) and Layer 2 chains […] Source CryptoX Portal
Analyst Predicts $15 Price Target
Digital asset analyst with X handle Crypto Patel has recently shared a bullish prediction on MATIC price movement in the coming weeks. This forecast comes amidst MATIC’s poor performance in the last seven days, during which it lost 6.68% of its market value, based on data from CoinMarketCap. The Polygon native token had been one of the best-performing assets in 2024 rising by over 76.38% between January to March. However, the altcoin has now recorded a 22.83% decline over the last two weeks, drawing much concern over its future price…
Bitcoin Tops Crypto Priority for Blackrock Clients as IBIT Holdings Reach 243K BTC
Blackrock’s head of digital assets has revealed that bitcoin is the overwhelming favorite cryptocurrency for the asset management firm’s clients. “And then a little bit Ethereum, and very little everything else,” he added. Blackrock’s spot bitcoin exchange-traded funds (ETF), the Ishares Bitcoin Trust (IBIT), has amassed approximately 243K bitcoins since its launch. Blackrock’s Head of […] Original
STX Brushes Off Sluggish Crypto Market As It Shoots Up By 30%
With a broader slowdown in the broader market, some altcoins continue to push forward with minimal resistance; STX is one of those, with the token up nearly 30% in the weekly timeframe. The market, as of the moment, is up less than a percent. This movement is minute compared to the huge swings noted in the last few months. However, Stacks’s internal growth goes against the slowing trend in the market. April Prospects Grow by The Day Next month is expected to be the biggest month for STX as internal…
Renowned Investor Jim Rogers Expects All Cryptocurrencies to ‘Disappear’ — Says Bitcoin Will ‘Go to Zero Someday’
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, expects all cryptocurrencies, including bitcoin, to disappear someday. Anticipating bitcoin going to “zero,” he stressed: “I’m very skeptical of crypto. I don’t expect it to last … I do not see any long-term value in cryptocurrency.” Jim Rogers Remains Skeptical of […] Original
Grayscale Ethereum ETF decision gets postponed again by SEC
The U.S. Securities and Exchange Commission (SEC) has once again delayed approving the Grayscale Ethereum (ETH) Futures Trust exchange-traded fund (ETF). The postponement, disclosed in an SEC filing on March 22, extends the deadline from March 31 to May 30. The decision has sparked significant interest and speculation within the cryptocurrency community, since it directly affects the status of Grayscale’s Ethereum Futures Trust ETF. This delay comes against the backdrop of a broader regulatory landscape that is increasingly scrutinizing crypto-based financial products, following the recent approval of Bitcoin ETFs earlier…
BTC, ETH investors turn attention to Kelexo presale
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin (BTC) experiences a sharp decline to $63k and Ethereum (ETH) halts its bull run, investors are shifting their focus to the Kelexo (KLXO) presale, drawn by its features and potential. Recent bearish market moves have seen Bitcoin’s (BTC) value fall sharply to $63k. The popular crypto token, alongside Ethereum (ETH), has been a major winner in the recent crypto market boom that saw both tokens rise to…