Day: December 16, 2024

Believers Aren’t ‘Delusional’ Enough: Expert

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Este artículo también está disponible en español. A known market analyst sees the $6 per coin prediction for XRP crypto being claimed by some experts as too conservative. Crypto Bitlord suggested that the real target for XRP is $589 per coin, adding that those skeptical about this target are “not delusional enough.” Related Reading Three-Figure XRP Price Data showed that XRP is the top-performing crypto in the Trump-driven digital asset bull run. Hence, once again, a market expert is floating the idea of $589 per coin. Crypto Bitlord claimed that…

Solana-based Parcl (PRCL) spikes as Coinbase lists token

Coinbase has announced the listing of Parcl, a Solana-based decentralized real estate trading platform. The cypto exchange will list Parcl (PRCL) token on December 17, starting on or after 9:00 AM Pacific Time, subject to liquidity conditions. Coinbase plans to add the PRCL-USD trading pair once there is sufficient supply. According to the U.S.-based crypto exchange, PRCL transfers will be available on both Coinbase and Coinbase Exchange. However, the rollout will be phased, with availability restricted in certain jurisdictions. What is Parcl? Parcl is a decentralized real estate platform that…

Bitcoin Miners Now In Selling Mode For A Year: Should You Be Concerned?

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Este artículo también está disponible en español. On-chain data shows that Bitcoin miners have been selling for around a year now. Here’s how much they have sold so far. Bitcoin Miners Have Shed Over 4% Of Their Holdings In Past Year As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the BTC miners have been in net selling mode for a significant period of time. The on-chain metric of relevance here is the “miner reserve,” which keeps track of the total amount of coins that…

Investors Withdraw Nearly $4,000,000,000 Worth of Bitcoin From Crypto Exchanges Over Past Week, Says Analyst

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A closely followed on-chain analyst says that investors are pulling out massive amounts of Bitcoin (BTC) over the last week. Popular analyst Ali Martinez says in the second week of December, market participants took out nearly $4 billion worth of BTC from crypto exchanges. Citing data from digital asset analytics firm CryptoQuant, Martinez details a steady downtrend in the overall balance of BTC on crypto exchanges. “Another 40,000 BTC were withdrawn from exchanges over the past week, totaling over $3.92 billion!” Source: Ali Martinez/X However, Martinez also says that Bitcoin…

DOGEN is gearing up for 25,000% returns, outshining XRP and DOGE gains

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. DOGEN gains momentum as projections suggest 25,000% returns, surpassing XRP and Dogecoin’s performance. Anticipation is mounting around DOGEN, a rising star in the cryptocurrency world, with projections hinting at staggering returns of up to 25,000%. This potential leap could eclipse the impressive gains of established tokens like XRP and Dogecoin. What’s driving this enthusiastic outlook, and could DOGEN be poised to reshape the crypto landscape? DOGEN: The ultimate meme…

TRON Targets $5 As Stablecoin Supremacy Drives Market Surge — Analyst

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The market activity of TRON (TRX) has experienced a remarkable surge, resulting in the company making headlines. In November 2024, TRON achieved an extraordinary $587 billion in USDT transfers, a 30% increase from the previous months. This remarkable expansion underscores TRON’s status as a preeminent blockchain platform for stablecoin transactions, which are distinguished by their rapid transaction speed and low fees. TRON’s deflationary model and the growing popularity of stablecoins may pave the way for even more substantial price increases as the cryptocurrency market continues to develop. USDT Transfer Volume…

Bitcoin ETFs Rack in $2.17 Billion With Ethereum ETFs Hitting New Weekly High

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U.S. spot ETFs for bitcoin and ethereum maintained consecutive weekly inflows with $2.17 billion and $855 million each. Bitcoin and Ethereum ETFs Hit Significant Weekly Inflows Bitcoin and ethereum exchange-traded funds (ETFs) hit significant weekly numbers, as both ETFs maintained their inflow streaks. Metrics from sosovalue show that U.S. spot bitcoin ETFs had a net […] Original

Stanford Blockchain Club Challenges DOJ’s Tornado Cash Case

The Stanford Blockchain Club, a prominent group at Stanford University, has voiced significant worries about the U.S. government’s legal pursuit of Tornado Cash developers, Roman Storm and Roman Semenov, using old-school federal money transmission laws. Legal Overreach? Stanford Group Critiques Tornado Cash Indictments In their in-depth analysis, “Tornado Cash and the Boundaries of Money Transmission,” […] Source CryptoX Portal

Ethereum May Retest $3,700 Before a Major Rally, Analyst Predicts

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…