The long-standing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has finally made significant progress in court, and the case may be nearing its end, with a surge for XRP. As expected, this development revitalized interest in XRP, Ripple’s native cryptocurrency, which in turn led to a noticeable surge in XRP’s…
The cryptocurrency market has been rocked by a seismic sell-off over the past 24 hours, with the two largest digital assets, Bitcoin (BTC) and Ethereum (ETH), plummeting over 20% in value. At the epicenter of the chaos is one of the industry’s biggest names – Justin Sun, the founder of the TRON blockchain. On-chain data…
Cardano (ADA) is currently competing with Ethereum in terms of large transaction volume. This is undoubtedly a positive development for the ADA ecosystem, especially since it indicates a wave of accumulation among the token’s large holders. Cardano Matches Ethereum In Large Transaction Volume Data from the market intelligence platform IntoTheBlock shows that Cardano is witnessing…
Two market experts recently revised their predictions for Ethereum, with one claiming that the second-largest crypto token could rise to as high as $100,000. Interestingly, these ultra-bullish predictions align with some predictions made by financial institutions. Ethereum To Rise To $50,000 Ethereum maximalist Adriano Feria predicted in an X (formerly Twitter) post that Ethereum could…
Pseudonymous trader and analyst Roman has made a bold prediction regarding the ETH price, suggesting that investors should lower their short-term expectations. This comes amid a drop in the hype around the Spot Ethereum ETFs, with these funds currently suffering significant outflows. What To Expect From The ETH Price Roman mentioned during an interview with…
Ethereum appears poised for a significant breakout above the highly anticipated $4,000 price threshold. Despite this potential, the cryptocurrency has recently fallen short of the expectations of many enthusiasts and retail traders. The much-hyped launch of Spot Ethereum ETFs, rather than sparking a rally, turned into a classic “sell-the-news” event, leading to disappointment in the…
Crypto analyst RLinda has revealed that XRP is showing impressive strength despite the decline in Bitcoin and Ethereum’s price. She explained why XRP suddenly has such a bullish outlook, considering that the crypto token has underperformed since the start of the year. XRP Is The “Strongest” In The Market RLinda mentioned in a post on…
Post the Spot Ethereum ETFs launch, the ETH price has continued to struggle unexpectedly, proving that the launch of the Spot ETFs were a ‘sell the news’ event. So far, the second-largest cryptocurrency by market cap has lost around 10% of its value since the Spot Ethereum ETFs trading began on Tuesday, July 23, and…
Ethereum whales have been busy in the market, as on-chain data shows that these investors have been heavily accumulating the second-largest crypto token by market cap. This comes amid a price decline in ETH’s price, with history suggesting that the crypto token might suffer more price declines in the short term. Whales Accumulate More ETH…
On-chain data shows whale activity on the Ethereum blockchain has been quite high recently due to the excitement around the spot exchange-traded funds (ETFs). Ethereum Whales Showing Significantly Higher Activity Than Bitcoin Ones According to data from the on-chain analytics firm Santiment, Ethereum whales have been displaying considerable activity recently. The indicator of relevance here…