Month: March 2024

Ripple price prediction for 2024: will XRP rise?

This analysis delves into the Ripple (XRP) price prediction, offering insights into its potential growth and the factors that could shape its journey in the coming years. Recently, Ripple (XRP) has seen a significant resurgence, with a 10% rally over the past week pushing its price close to over $0.61. Over the past year, XRP has seen an impressive gain of more than 70%, from $0.35 levels in Mar. 2023 to $0.59 as of March 1. However, it still trades far below its all-time high of $3.84, achieved in Jan.…

XRP price predicted to hit $0.65 as Traders Raise Leverage

Ripple’s price peaked at $0.63 on Feb. 29, capping its February 2024 gains at 30%, but declining BTC Dominance could see leading altcoins score more significant gains in March.  Ripple-backed XRP stands to make significant gains in March 2024 as investors begin to redirect capital towards the altcoin markets. Bitcoin dominance in decline as altcoins gain traction Bitcoin dominated crypto headlines in February with multiple price milestones and record-breaking ETF inflows. However, as the month ended, market trends showed that investors increasingly focused on other crypto sectors.  TradingView’s Bitcoin Dominance (BTC.D)…

JPMorgan Expects Bitcoin Price to Drop to $42K After Halving

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JPMorgan has cautioned investors that the price of bitcoin could fall to $42,000 after the halving event in April. The global investment bank’s analysts explained that $42K is the level they “envisage bitcoin prices drifting towards once bitcoin-halving-induced euphoria subsides after April.” The bank also recently stated that the bitcoin halving and the next major […] Original

Uniswap Governance Votes Unanimously to Empower UNI Holders With Protocol Fee Rewards

In a landmark governance decision, Uniswap’s community has voted unanimously in favor of a proposal to reward UNI token holders who stake and delegate their tokens. The upgrade, aimed at revitalizing the protocol’s decision-making process, has garnered overwhelming support with over 10 million UNI tokens pledged in its favor. Historic Vote to Reward UNI Holders […] Source CryptoX Portal

Tron founder teases ETF; investors flowing to Arbitrum and InQubeta

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Justin Sun of Tron has sparked discussions about the possibility of spot TRX ETF. Meanwhile, investors have been doubling down on Arbitrum (ARB) and InQubeta (QUBE). InQubeta can grow The InQubeta presale has raised over $10.5 million in presale. In stage 8, QUBE is trading for $0.0245. InQubeta intends to build the first crypto-based crowdfunding platform for tech startups. Within its custom-built NFT marketplace, startups will be able to…

SEC ‘Crypto Mum’ Hester Peirce calls for regulatory clarity

U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce is stressing the need for regulatory clarity and innovation, making it clear that such elements cultivate a conducive environment for the development of crypto. Peirce’s roadmap In a recent discussion with CNBC, Pierce criticized the U.S.’s inadequate regulation of Bitcoin (BTC) and other cryptocurrencies, pointing out that this failure has allowed fraud to thrive while stifling innovation. See video below. Peirce also stressed the significance of allowing innovation and responsible experimentation to flourish in the crypto industry, believing that a conducive…

Under-the-Radar Altcoin Surges After Surprise Listing on Crypto Exchange Binance

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An under-the-radar, interoperability-focused altcoin set a new all-time high after Binance announced it was listing the asset. Axelar (AXL) is a programmable Web3 interoperability platform that aims to provide cross-chain communication between numerous blockchains. Explains the project’s website, “Unlike other cross-chain connectors, Axelar is a proof-of-stake blockchain: it can do anything a blockchain can do. Transparent smart contracts built on Axelar automate paths for users, reducing them to a single click. Permissionless tools reduce developer overhead.” The project’s native asset, AXL, is trading at $1.94 at time of writing, a…

Crypto startups lead the charge in February’s $485m VC boom

Venture capital firms have shown a growing interest in cryptocurrency startups, with February witnessing a significant uptick in investments. CryptoBriefing, citing data from DefiLlama, reported that crypto startups received $485 million in funding last month, marking a 5.3% increase from the previous month and the highest investment volume in the last quarter. A substantial portion of the capital, amounting to $387 million, was allocated to infrastructure-related startups. The most notable investment was made by a16z, which injected $100 million into EigenLayer during a private funding round. This was the largest…