As of now, XRP price has seen a decline below the $0.520 support level. It is currently trading within a range and aiming for an upside break above the $0.5320 resistance. The price has fallen below the $0.5120 mark, but is now trading above $0.5250 along with the 100-hourly Simple Moving Average. A key bearish
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Coinbase, a leading cryptocurrency exchange, has recently announced the reintroduction of XRP trading support for New York residents. This development comes after a period of suspension due to regulatory concerns, signaling a positive shift in the relationship between Coinbase and the state of New York. In January 2021, Coinbase made the decision to suspend XRP
The potential approval of a spot Ethereum exchange-traded fund (ETF) in the United States could have far-reaching implications for the classification of Solana as a commodity. This classification is crucial as it determines the level of oversight and regulatory scrutiny that cryptocurrencies are subjected to. If the Securities and Exchange Commission (SEC) views Ethereum as
Glassnode’s recent market report highlighted the slowdown in new capital flowing into the Bitcoin network, suggesting that the lack of demand could be hindering the cryptocurrency’s price from reaching new highs. The Realized Cap metric, which estimates the value of each Bitcoin based on the last time it was traded, currently stands at $574 billion.
In the ever-evolving world of cryptocurrency, investors are constantly on the lookout for the next big opportunity. The recent trend of Floki holders dumping their FLOKI tokens in favor of a new ICO called 5thScape has caught the attention of many in the crypto community. The appeal of potentially securing gains of up to 1,700%
Ben Zhou, the CEO of Bybit crypto exchange, has vehemently refuted rumors circulating on social media regarding the alleged insolvency of the exchange. In response to these claims, Zhou stated that the rumors lacked any factual basis and urged the public to be cautious when believing such unfounded allegations. To support his dismissal of the
In a recent analysis by popular crypto analyst and enthusiast, Crypto Con, predictions have been made regarding the timeline for Bitcoin to reach its peak in the ongoing bull cycle. By studying historical data and trends in past BTC runs, Crypto Con has identified key indicators that suggest when the largest cryptocurrency asset by market
LidoDAO (LDO) has recently seen a significant surge in price, raising questions about whether it is too late to invest in this cryptocurrency. The native token of the decentralized Ether staking platform Lido, LDO is also the governance token for the Lido decentralized autonomous organization (DAO) that oversees the Lido protocol. With a price increase
The recent decision by the First District Court of Appeals in Florida to nullify an Emergency Suspension Order (ESO) issued by the Office of Financial Regulation against Binance.US has sparked a wave of discussions in the crypto community. Earlier this year, the regulator banned Binance.US from serving Florida residents, citing “immediate danger” to the public
The United States Securities and Exchange Commission (SEC) Chair Gary Gensler recently voiced his concerns over the Financial Innovation and Technology for the 21st Century Act (FIT21), pointing out potential regulatory gaps and risks associated with the proposed bill. Gensler’s statements have sparked a debate within the crypto community and raised questions about the future