Despite a history of poor performance, crypto analysts remain optimistic about the future of XRP price. While some predictions may seem overly ambitious, others, like crypto analyst Alan Santana, have set more conservative price targets. Santana recently shared his 6-month prediction for the XRP price on the TradingView website, expecting the altcoin to outperform others
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As Dogecoin enthusiasts shift their focus to the emerging VR ICO called 5thScape, it is evident that the cryptocurrency market is constantly evolving. With the potential for 10x returns, investors are looking beyond traditional digital assets like Dogecoin and exploring new opportunities in the world of presale investing. While Dogecoin has shown promising signs of
The sudden rise of Bitcoin above $69,000 in the lead-up to the fourth halving event, culminating in a new all-time high of $73,000 in 2024, caught many off guard. Despite this, one crypto analyst, BitQuant, had previously foreseen this surge. In 2023, BitQuant accurately predicted that Bitcoin would reach a new all-time high before the
Recently, Huobi HK made headlines when it withdrew its application for a cryptocurrency trading license from Hong Kong’s Securities and Futures Commission (SFC) for the second time. This decision came just two months after a re-submission, raising questions about the company’s future in the region. Hong Kong has been actively working towards establishing itself as
US lawmaker Wiley Nickel has taken a stand against the SEC’s Staff Accounting Bulletin 121 (SAB 121), calling for its repeal before an impending Senate vote. This bulletin mandates financial institutions custodying crypto assets to include them on their balance sheets. Many stakeholders in the industry have voiced their concerns about the regulation, arguing that
In a recent interview with Yahoo Finance’s “Wealth,” Ric Edelman made a bold prediction about the future of Bitcoin’s price. According to Edelman, Bitcoin could potentially surge to an impressive $420,000. This forecast is based on the assumption of a modest global asset allocation towards Bitcoin. During the interview, Edelman also discussed the advantages of
Recently, Oklahoma signed a bill into law that protects crypto-related rights within the state. This new law, known as HB 3594, was approved by Governor Kevin Stitt on May 13 and is set to come into effect on November 1. Under this legislation, the Oklahoma state government is now restricted from prohibiting, restricting, or impairing
The XRP (XRP) price has been facing significant challenges, especially with Binance halting XRP as a margin asset. This move has raised questions among traders about whether it is time to sell XRP. With the stablecoin TUSD also discontinued as a margin asset, the utility of XRP has taken a hit. Despite the lack of
The recent decline in Bitcoin’s price and the overall cryptocurrency market has caused concern among investors and analysts alike. One prominent cryptocurrency analyst, Titan of Crypto, has identified the $61,500 price level as a critical threshold to monitor for Bitcoin. This level is seen as a pivotal point that could determine the coin’s future price
Deutsche Bank has taken a significant step towards embracing digital assets and tokenization by partnering with the Monetary Authority of Singapore in Project Guardian. This initiative aims to test the applications of asset tokenization in a regulated environment, focusing on their viability and potential integration within financial markets. The collaboration also includes Memento Blockchain and