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outline BTC’s New Peak The primary cryptocurrency encountered significant turbulence in the past week, showcasing the capricious nature of the market. Amidst this rollercoaster ride, its price surged to an unprecedented all-time high of over $69,000 on March 5th, only to plummet by nearly ten thousand dollars mere hours later, triggering a cascade of over…
Certainly, let’s delve deeper into the intricacies of XRP’s current market dynamics, highlighting the significance of the ongoing squeeze and its potential implications. At present, XRP finds itself ensnared within the clutches of what traders commonly refer to as a “squeeze.” This phenomenon, characteristic of price consolidation, signifies a period of intense contention between buyers…
A group of investors aiming to initiate legal action against cryptocurrency exchange Binance, its former CEO Changpeng Zhao, and other executives have been granted a renewed opportunity to pursue their case. The Second Circuit Court of Appeals recently overturned a previous ruling by a lower court that had dismissed the lawsuit. This reversal permits the…
in brief Attorney Bill Morgan has identified key factors that could drive XRP to exceed its record high of $3.4 within the current year. A pivotal moment for XRP took place in July 2023 when Judge Analisa Torres ruled affirmatively on XRP’s non-security status, providing vital legal clarity for the cryptocurrency. The prolonged legal dispute…
in brief Shytoshi Kusama, the lead developer of Shiba Inu, has actively championed the campaign for listing the BONE token on Binance. Kusama rallied the Shiba Inu Army to vote for BONE’s inclusion on Binance through a post on X, emphasizing the importance of collective action. The voting campaign is hosted on the Binance Futures…
quick take Decentralized finance (DeFi) market achieves a milestone with total value locked (TVL) reaching $100 billion amidst a surge driven by Bitcoin. Memecoin frenzy spreads throughout the cryptocurrency market. The cryptocurrency industry has experienced a notable shift due to the recent surge in Bitcoin demand, particularly affecting the sentiment surrounding decentralized finance (DeFi) protocols….
Tron to turn bearish soon? Upon initial inspection, the outlook for the token may appear optimistic, but the reality is far more nuanced and intricate. When a significant portion of investors find themselves in a profitable position, there’s a tendency for them to consider exiting, leading to a surge in selling activity. To ascertain whether…
The recent surge in meme coins, such as Pepecoin (PEPE), Shiba Inu (SHIB), and Dogecoin (DOGE), has garnered attention due to their remarkable gains of up to 26% within the last 24 hours. Mark Travers, reporting on March 9, 2024, attributes this surge to the ripple effects of Bitcoin and Ethereum’s growth, particularly as Ethereum…
Bill Morgan’s Resolute Optimism: Renowned attorney Bill Morgan, recognized for his staunch advocacy of XRP, has articulated a profoundly bullish outlook on the future trajectory of the cryptocurrency. Despite the ongoing legal battle surrounding XRP, Morgan stands firm in his conviction that XRP will not only surpass its previous all-time high of $3.84 but also…
A heavily financed political action committee (PAC), supported by prominent figures within the cryptocurrency sector, is targeting crucial Senate contests with the aim of potentially altering the Congressional power balance. Known as Fairshake, this PAC recently invested over $10 million to effectively oppose a Democratic candidate for the U.S. Senate in California. Its next focus…