Ethereum (ETH) faces challenges as it dips below crucial support levels, threatening its recent bullish trend. With significant selling pressure, ETH struggles to maintain ground, risking further declines towards the psychological barrier at $3,000.
XRP's (XRP) future remains uncertain as it hovers near a critical level, sparking concerns of a potential catastrophe. Legal battles have left investors wary, leading to a struggle to hold above $0.58. Failure to sustain this level could trigger a downward spiral towards $0.50.
Solana (SOL) bucks the trend with a strong bullish stance, supported by robust on-chain metrics and investor confidence. With solid support at $150, SOL aims to overcome resistance at $190, potentially revisiting previous highs.
Market sentiment reflects a stark contrast in performance, with Ethereum and XRP facing downward pressure while Solana remains resilient. The shift towards NFTs and DeFi favors Solana, highlighting its competitive edge.
While Ethereum and XRP present opportunities for high-risk strategies amidst their struggles, Solana emerges as a stable option amid market volatility, reflecting a potential shift in investor priorities.
Overall, the cryptocurrency market witnesses divergence in performance, signaling the need for careful consideration amidst evolving market dynamics.
The Blockchain Bandit made waves in the blockchain community between 2016 to 2018 when they achieved something that was previously deemed statistically impossible.
XingChiStephen Akridge, co-founder of Solana, is currently entangled in a legal battle with his former wife, Elisa Rossi, over alleged misappropriation of staking rewards from SOL tokens.
XingChiEthereum seems to be entering into a selling week, with its prices plummeting and many influential members of the crypto community selling off their Ethereum holdings. One of which was Tron's founder, Justin Sun, who sent 70,182 Ethereum, which is worth $244.9 million on Christmas eve on Christmas Eve to HTX.
XingChiRipple’s RLUSD stablecoin has received regulatory approval from the NYDFS, enabling its launch. The approval positions RLUSD to compete with major stablecoins like USDT and USDC, with Ripple planning partnerships and expansion into the DeFi space.
WeatherlyMeitu sold its entire crypto portfolio, making nearly $80 million just before bitcoin’s surge above $100,000. The company plans to distribute 80% of the gains to shareholders and refocus on its AI-driven apps.
AnaisHailey Welch's $HAWK memecoin quickly soared to a $500 million market cap before crashing by 91% within hours, sparking suspicions of insider trading and potential fraud. The controversy has led to calls for legal action, with investors questioning whether the project was a scam.
WeatherlyPresident-elect Trump has named former SEC commissioner Paul Atkins to replace Gary Gensler as SEC Chair, a move seen as crypto-friendly. Praised by Trump as a "proven leader" with regulatory expertise, Atkins' appointment has garnered support from the crypto community, including Ripple CEO Brad Garlinghouse. Does this mark a new chapter for crypto regulation, leaving Gensler's contentious policies behind?
CatherineSouth Korean authorities have linked the 2019 Upbit exchange hack to North Korea, with over $1 billion worth of stolen ether. The investigation, aided by the FBI and Swiss authorities, traced the stolen funds, recovering some of the assets.
AnaisSouth Africa's Schindlers Digital Assets has created a legal process allowing cryptocurrency holders to buy property, making it easier to use digital assets for real estate transactions. The first event will be a property auction on 21 November 2024, marking a key step in integrating crypto with the real estate market.
AnaisA teenage crypto developer launched a meme coin, QUANT, made quick profits, then sold off his holdings, causing the price to crash. Despite backlash, investors rallied, pushing the coin’s value to $85 million, while the developer continued launching other tokens for quick gains.
WeatherlyXRP Poised for Potential Surge Amid Mixed Community Views
KikyoHSBC, one of the UK’s largest banks, announced that it will work with Metaco, a technology company owned by Ripple Labs, on digital asset custody services.
BitcoinworldXRP sees consecutive gains amid SEC legal battle, as expert predicts prolonged litigation and bearish signals loom.
BitcoinworldJust 3 weeks after announcement of its proposed acquisition of Fortress Trust, Ripple has abandoned the plans. However, Fortress CEO downplayed the significance of the deal's cancellation.
KikyoLegal expert John Deaton suggests the SEC's challenge could be complex given the nuances of the Howey Test.
BeincryptoThe US Securities and Exchange Commission (SEC) has filed a Letter of Supplemental Authority in further support of its motion ...
BitcoinistRipple, XRP, and the entire crypto industry won an important partial victory in its fight against the SEC’s overreaching regulation by enforcement.
BitcoinistStill, there was no notable growth in XRP daily active addresses to support a bullish breakout.
BeincryptoAs the case against Ripple rages on, the SEC wants to see certain “friends of the court” in support of Ripple be barred from providing legal aid to the defense.
CointelegraphPayment company Ripple announced a partnership with Lunu to enable crypto payments across luxury brand retailers. The partnership will allow ...
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