Crypto News
Expert Analyst Predicts 50% Drop for XRP Before Massive 3500% Surge: What This Means for Altcoin Investors
XRP Price Analysis: What Lies Ahead? Introduction Market analyst EGRAG Crypto recently made headlines with a bold prediction regarding the price of XRP, the cryptocurrency associated with Ripple. According to EGRAG, XRP could be in for a turbulent ride in the coming months, experiencing a significant drop in price followed by a meteoric rise that…
Riding the Wild Crypto Rollercoaster: A Look at Bitcoin, XRP, Solana, and Dogecoin in December 2024
The U.S. Dollar Index on the Rise What Does the Strengthening Dollar Mean for Investors? The U.S. Dollar Index (DXY) has been on the rise, closing Tuesday at 106.38, up 0.22%. This increase comes ahead of Wednesday’s CPI report, which could potentially set the tone for next week’s FOMC interest rate decision. With geopolitical uncertainties…
Revolutionizing the Crypto Market: Ripple’s Stablecoin RLUSD Receives Green Light for Launch, Boosting XRP Demand
Ripple’s RLUSD Stablecoin Set to Launch Soon Regulatory Approval Paves the Way Ripple, the blockchain technology company behind XRP, has received approval from the New York Department of Financial Services (NYDFS) for the launch of its stablecoin, RLUSD. This announcement has set the stage for a significant boost in XRP liquidity and ecosystem growth across…
Breaking News: Ethereum Foundation Dumps 374,000 ETH on Decentralized Exchange – But Why?!
What Happened When the Ethereum Foundation Sold 100 ETH Tokens? The Ethereum Foundation Makes a Move Have you heard the latest buzz in the world of cryptocurrency? The Ethereum Foundation, a non-profit organization that supports the development of Ethereum technology, recently made a bold move by selling 100 Ether (ETH) tokens. But that’s not all…
Maximizing Profitability: Celsius CEO Alex Mashinsky Strikes Deal with US Prosecutors, Sentencing Delayed
Celsius Exec Sentencing Delayed as Alex Mashinsky Strikes Deal with US Prosecutors Postponement of Cohen-Pavon’s Sentencing The former chief revenue officer of Celsius, Roni Cohen-Pavon, has had his sentencing postponed following Alex Mashinsky’s deal with U.S. prosecutors. The hearing for Cohen-Pavon is now scheduled after Mashinsky’s sentencing in April 2025. Implications for Celsius This delay…
Uniswap (UNI) in Crisis: $16.7 Million Whale Dump Causes Turmoil
Uniswap’s UNI Token Faces Intense Selling Pressure December 10, 2024 Uniswap’s native token, UNI, has come under intense selling pressure, raising concerns about its near-term trajectory. On December 10, 2024, blockchain analytics platform Lookonchain reported a significant sell-off by Cumberland, a high-profile trading firm, which offloaded 989,520 UNI tokens worth $16.73 million across major exchanges,…
Understanding the Decline of Dogecoin and Shiba Inu: A Closer Look at the Cryptocurrency Market
Dogecoin and Shiba Inu Experience Sharp Declines The Debate on Buying Opportunity vs Trend Reversal Cryptocurrency Market Update Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have both seen significant drops in their prices recently, leaving traders in heated discussions about whether this presents a buying opportunity or signals a deeper trend reversal. Here are…
Is Trump’s Proposal for a National Bitcoin Reserve Crazy?
President-elect Trump’s Bitcoin Reserve Plan Sparks Controversy Former Treasury Secretary Larry Summers Calls Proposal “Crazy” President-elect Donald Trump’s proposal to establish a national Bitcoin reserve has ignited a wave of criticism from economic experts, including former Treasury Secretary Larry Summers. Summers, who managed the US national gold reserve during Bill Clinton’s administration, described the idea…