Author: Yeek.io
After testing lows of $2.07 on Tuesday, XRP has reclaimed $2.3, showing considerable strength. And on top of positive price action, XRP’s fundamental developments are stacking up.But what does its future look like? Is it a buy? And also, what about emerging cryptocurrencies like Solaxy? XRP ETF and Partnerships While Donald Trump’s entrance to the White House has reduced regulatory friction for all cryptocurrencies, the impact on XRP could be significantly higher.Indeed, XRP’s founder, Ripple Labs, is expected to finally end its legal fight against the SEC in the coming months, and now the firm is looking ahead to catalysts for XRP…
AMP continues to sustain its momentum following a major secondary breakout, reinforcing bullish sentiment. With price action stabilizing above key breakout levels, the token is setting up for another potential wave higher. The next target of $0.07048, currently over 1,442% away, remains in play, signaling a monumental upside if the trend holds. AMP has maintained key breakout levels despite recent market fluctuations. The chart shows a significant downtrend reversal, with a falling wedge breakout leading to a sustained uptrend. After testing higher highs, AMP is now in a retracement phase, which could be a setup for another bullish leg. Volume…
Ethereum co-founder Vitalik Buterin has joined calls to free early crypto investor and entrepreneur Roger Ver, who is locked in a legal battle with the United States Department of Justice (DOJ) over alleged tax evasion and faces extradition to the US.Buterin reposted Silk Road founder Ross Ulbricht’s message calling for the prosecution against Ver to end and characterized the case as “absurd” and “politically motivated.” Buterin continued:”The US tax-by-citizenship and associated exit tax regime are extreme. The former is shared by almost no other countries in the world, and the latter is on the high end of what countries do,…
A crypto analyst believes that Bitcoin remains a very risk-on asset that is linked to the shifts in the macroeconomic landscape. Emily Nicolle, a crypto reporter for Bloomberg, gave her take on Bitcoin as the firstborn cryptocurrency plunged 13% and entered bear territory. This might have been due to macroeconomic uncertainty and political factors. ‘Very Risk-On Asset’ Nicolle said in a Bloomberg TV interview that the current movement in Bitcoin is highly correlated with the changes in the macroeconomic landscape, adding that anything that happens on Wall Street could affect the cryptocurrency. The crypto reporter explained that investors can never…
The cryptocurrency market is experiencing a dip right now but BTC Bull Token ($BTCBULL) continues to shine, amassing over $2.8 million within weeks of its presale launch.As major assets like Bitcoin ($BTC) and Ethereum ($ETH) face notable corrections, investors are increasingly exploring alternative crypto projects with strong long-term potential.Bitcoin, which reached an all-time high (ATH) of $108K in December 2024, is currently trading below the $90,000 mark. $BTC has experienced a 3.5% decline in the past 24 hours and is down 11.7% over the last 30 days, reflecting the market’s ongoing volatility. Despite this dip, Bitcoin remains a highly profitable…
XRP (XRP) pared some losses following this week’s market crash, with 8% daily gains over the last 24 hours to trade at $2.17.The top-ten altcoin trades 12% above the 24-hour low of $1.94 as the crypto market sentiment shows signs of recovery.XRP/USD four-hour chart. Source: Cointelegraph/TradingViewLet’s examine the key drivers behind XRP’s rebound today.SEC’s potential dismissal of Ripple caseOne of the most significant catalysts fueling XRP’s price rise is renewed optimism about the possible end of Ripple’s long-standing legal battle with the US Securities and Exchange Commission (SEC). What you should know:The SEC sued Ripple in December 2020, alleging that Ripple…
Polkadot price remained above its make-or-break level this week as Bitcoin and most cryptocurrencies crashed. Polkadot (DOT) fell to a low of $4, slightly higher than the critical support level at $3.60, where it has failed to fall below several times since 2022. The token has held steady above this support level for two main reasons. First, Grayscale and 21Shares have filed for a spot DOT exchange-traded fund, which they hope will be popular among Wall Street investors. Spot Bitcoin (BTC) and Ethereum (ETH) ETFs have done fairly well among investors, as they attracted a combined $40 billion in assets. …
What is Milei’s “Libragate” controversy? An X tweet by Argentine President Javier Milei resulted in a crypto controversy threatening his political position. It all started when Milei endorsed the token LIBRA on X, describing it as a project focused on boosting economic growth by supporting small businesses and startups. Given Milei’s 3.8 million followers and the credibility he brings in as a president, the token’s value surged from near zero to $5, briefly reaching a $4-billion market capitalization. However, the endorsement was met with public backlash, leading Milei to delete the post just hours later. This triggered a massive sell-off, causing LIBRA’s…
The trending Tron Price prediction suggests the price might triple in the next few months following its network security upgrade. This is in addition to the growing popularity of the Tron TRC20 network, which many traders have adopted as a favorite for sending and receiving crypto. However, with the growing attention to Tron, Ethereum seems to be taking the hit as the price continues to fall. Many factors have contributed to the fall in the price of Ethereum, most of which are independent of Tron‘s popularity.One identified factor keeping Ethereum‘s price falling is a seemingly lost confidence in investors, as…
The financial services titan CME Group says it’s launching new futures contracts based on the smart contract platform Solana (SOL) in March. In a new press release, the CME Group announces that it will be rolling out two Solana-based futures contract options on March 17th – a micro-sized one worth 25 SOL and a macro-sized contract worth 500 SOL. However, the firm notes that the launch of the products is still pending regulatory review. According to Giovanni Vicioso, CME’s global head of crypto products, the rollout of the contracts is happening due to burgeoning client demand for regulated products based…