TL;DR Ripple faces ongoing legal challenges with the SEC and a civil lawsuit against CEO Brad Garlinghouse. XRP’s price remains stable around $0.50, with analysts predicting potential significant gains if certain technical patterns form. What’s New Around Ripple? The news surrounding the company have been mainly centered to the lawsuit against the US Securities and…
Bitcoin’s price has been trending lower since the beginning of June, failing to recover toward its all-time highs. Still, the bull market seems to be far from over. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has declined since failing to hold above the $70K mark. The $65K support level…
Ripple continues to consolidate above the crucial support region of $0.47, navigating within a narrow range of a sideways triangle pattern. This price action suggests potential sideways movement in the short term, with the direction of the upcoming breakout likely determining the future trend. XRP Analysis By Shayan The Daily Chart A detailed look at…
3iq Digital Asset Management has announced that its solana fund has filed a preliminary prospectus for an initial public offering in Canada. The fund aims to become the first solana (SOL) exchange-traded product (ETP) in North America. Its objectives include providing exposure to the cryptocurrency, long-term capital appreciation, and staking yield. The Fund Seeks to…
Dublin recently found itself in the eye of a tech storm as ETHDublin, Ireland’s Web3 hackathon and conference, drew a motley crew of innovators from around the globe. Organised with panache by the ETH Ireland team and hosted at the trendy Dogpatch Labs, the event tackles industry challenges head-on with emerging tech solutions. Addressing the…
Bitcoin’s price continues declining, unable to find grounds for a rebound throughout this week. The broader cryptocurrency market is also feeling the pressure as the last 24 hours saw most of the coins drop in value. Bitcoin’s Price Tumbles Below $64K Bitcoin has been having hard times throughout the past few days, completely unable to…
In a significant development in the Artificial intelligence (AI) industry, Daniel Gross, known among other things for his investment in the cryptocurrency platform Coinbase, has teamed up with Ilya Sutskever, former Chief Scientist at Openai, and Daniel Levy, a former Openai employee and an expert in AI privacy, to launch a new venture. The new…
Bitcoin’s underwhelming price movements continue as the asset was stopped at $66,400 and was pushed down toward $64,000 for the third time this week. The altcoins have turned red as well, with numerous painful declines, especially from the meme coin niche. BTC Slips Toward $64K It’s safe to say that the primary cryptocurrency has seen…
This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Polkadot. Ethereum (ETH) Ethereum is at a similar price level to last week and is still trading above the key support at $3,500. As long as this level holds, then buyers still have a shot at a reversal later. The key resistance…
TL;DR Major meme coins, including WIF, DOGE, SHIB, and PEPE, have seen significant price drops. Some investors view current low prices as a buying opportunity, predicting a potential recovery for the Solana-based asset. Heading South The shaky condition of the cryptocurrency market as of late has negatively affected numerous digital assets whose prices have plunged…