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Although Ripple ’s XRP token is in the greens across the board, the asset’s price fell from $0.60 to $0.56 in a few hours on Feb. 28, 2024. Nonetheless, the asset has seen a healthy turnaround over the last few weeks. XRP is currently up by over 10% in the weekly charts, 9.5% in the 14-day charts, and 11.5% over the previous month. Additionally, the popular cryptocurrency is up by nearly 58% since February 2023. Source: CoinGecko Also Read: Ripple XRP: Can XRP Rally 80% and Reach $1 In March 2024? XRP’s latest rally is likely due to Bitcoin (BTC) reclaiming the $61k price point, a level last seen in 2021 over two years ago. Many speculate that we are entering another 2021-like bull run. Bitcoin (BTC) and other assets may hit new all-time highs this year. Ripple’s XRP to hit $0.91? According to an X post by cryptocurrency analyst Dark Defender, XRP could hit $0.6462 on Mar. 1, 2024, an increase of about 8.4% from current levels. Moreover, the analys...

Markets are embracing full risk-on behavior. TradFi has an insatiable appetite for Bitcoin ($BTC) and mining stocks, and later this year, the SEC will no doubt approve an Ethereum ($ ETH ) Spot ETF. What are the top cryptos to buy right now ? According to some analysts the answer might be ERC-20s, especially new small caps like Galaxy Fox ($GFOX) .  Bitcoin went from $25,000 to nearly $55,000 from approval to post-launch. Ethereum has a smaller market cap and is deflationary. Most people are not ready for what is to come. $ ETH shows strength as price stays above $3K. But the real question is how high will this ERC-20 memecoin go in 2024? Ethereum ($ETH): Holding Ground Above $3,000 Ethereum has finally flipped resistance at $3,000 after nudging against it for several days, and this critical psychological level has quickly been turned into support. Inflows to $ ETH are up big, and the enormous success of the Bitcoin Spot ETFs is driving this price action...

After successfully concluding its presale and raising $10 million, Meme Kombat now has only 5 days remaining until its listings and official launch. Meme Kombat, utilizing the $MK token to fuel its battleground and high-yield staking, targets a significant presence in the growing GameFi domain. Its blend of combat and memes sparked substantial presale interest, and the development team is now gearing up for upcoming exchange listings. Meme Kombat’s Unique Blend of Memes and Competitive Gameplay Meme Kombat seeks to revolutionize the gaming realm by fusing elements of meme culture with competitive gaming. Within its framework, players are immersed in a dynamic battleground where their favorite meme icons engage in virtual combat. The allure of the battle arena lies in its capacity for gamers to stake $MK tokens and engage in wagers on the outcomes of clashes between meme characters. What sets Meme Kombat apart is its innovative betting feature, offering players the opportunity...

$1.3 trillion asset manager Morgan Stanley is reportedly looking into adding a Spot Bitcoin ETF to its brokerage platform. Indeed, the firm is considering the possibility of adding the investment vehicle to its broker-dealer offerings, according to a recent CoinDesk report. The sources say that the investment bank has been exploring the idea since the US Securities and Exchange Commission (SEC) first approved the products in January. Since then, the fund shave proven tremendously successful, with 9 of those approved ETFs breaking the all-time daily volume record, according to Bloomberg’s Erich Balchunas. JUST IN: $1.3 trillion asset manager Morgan Stanley is now considering offering spot #Bitcoin ETFs to customers. — Watcher.Guru (@WatcherGuru) February 28, 2024 Also Read: Analysts Predict Bitcoin ETFs to Gold ETFs In AUM in Less Than 2 Years  Morgan Stanley May Get In On Spot Bitcoin ETF Success Since the start of 2024, the digital asset industry has ...

Telegram founder and CEO Pavel Durov has announced that the platform will begin sharing 50% of ad revenue beginning in March. Indeed, the messaging application’s head stated that the platform will begin opening up advertisements in almost 100 new countries. The payouts for this renewed ad revenue plan will be made on the TON blockchain, according to the report. The announcement stated that revenue would be shared in Toncoin (TON) Since the news arrived, the value of TON has increased by as much as 30%. Also Read: TON Up 15%: Telegram Integrates Crypto Wallet for 800 Million Users Telegram Announces Ad Revenue Sharing Plan In a landmark announcement for the privacy-focused messaging application, Telegram will begin sharing 50% of ad revenue beginning this March. Indeed, the founder and CEO took to the application to update users on the changes coming to Telegram Ads. “Broadcast channels on Telegram generate 1 trillion views monthly,” Durov said in a me...

A new evaluation presented by prominent Bloomberg analysts Eric Balchunas and Andre Yapp has taken the internet by surprise. Per Balchunas and Yapp, Bitcoin ETFs will soon surpass Gold ETFs under management in less than two years.  The analysts claimed that if BTC ETFs continue their recent price surge, they could soon surpass gold ETFs in terms of active investment and popularity.  Also Read: US Dollar Index Rebounds as Gold & Silver Dip: A Breakdown Gold vs. Bitcoin in 2024 Source: Reddit The analysts were quick to share their recent hypothesis, putting out reasons why Bitcoin spot ETFs are poised to gain market favor.  JUST IN: Bloomberg analysts predict spot #Bitcoin ETFs could pass gold ETFs in assets under management in less than 2 years 🐂 pic.twitter.com/Ixxm8ypUbQ — Bitcoin Magazine (@BitcoinMagazine) February 26, 2024 In a tweet shared by Bitcoin magazine, BI analysts noted how “gold’s pain is Bitcoin ETFs gain ...

The Ethereum price soared to a 22-month high as a new Bybit Research report said institutional investors are favoring the altcoin leader over Bitcoin (BTC). ETH jumped more than 6% over the past 24 hours to trade at $3,262.08 as of 6:15 a.m. EST as the report said there’s been a significant shift in investor sentiment since December. The report says that in January institutional investors allocated 39.82% of their holdings to ETH, while 39.49% was allocated to Bitcoin. Historical Shift Towards Ethereum While the difference is small, it marks a historical shift away from BTC, which had previously been strongly favored, towards the second biggest crypto by market cap, ETH. The upcoming Dencun upgrade was cited as one likely reason behind the change. “Dencun is set for launch in March 2024, which helps reduce the transaction cost on Layer 2s with a method called `proto-dank sharding,”’ it said. “The potential successful implementation will likely bring...

2024 seems to have brought forth a positive market sentiment for leading cryptocurrencies. SOL, in particular, has emerged as one of the leading altcoins, reclaiming its market cap at the start of the year.  Solana has also been actively forging alliances with leading market players like Filecoin in efforts to establish market dominance.  While the token has steadily been ascending to new highs, SOL’s average transaction fee has also risen, which can considerably harm its collective trading sentiment.  Also Read: Solana March Price Prediction: Can SOL Hold $100 Level? Solana Network Activity Records Notable Surge in Transaction Fees In a new Analysis posted on X, Power Your Own Research, an Analysis forum, has come up with an interesting insight. The handle was quick to draw comparisons based on the average transaction fees of Solana and Polygon. The firm noted how Solana has broken all records when it comes to its average transaction fee pricing....

A single Chinese company has managed to rake in more than $100 million in USDT from so-called ‘pig-butchering’ romance Scam s in under two years, according to research from blockchain analytics firm Chainalysis. As reported by the Financial Times, Chainalysis and anti-slavery group International Justice Mission (IJM) tracked massive amounts of victims’ crypto that had been deposited into just two wallets. It also traced numerous ransom payments made to a compound in Myanmar by the families of trafficked workers. An IJM spokesperson said, “Everyone has known for a long time that these kinds of Scam s are blockchain-based, but this is the first time we’ve been able to tie it to a specific location and a known compound.” Jackie Koven, head of cyber threat intelligence at Chainalysis, added, “This case is so illustrative of what’s happening, it’s just a vignette of what’s taking place on a [larger] scale. “Once criminals realized it was traceable we thought they would stop using it,...

Shiba Inu’s ( SHIB ) marketing lead Lucie is telling members of the community to be vigilant following the debut of the crypto project’s new collection of non-fungible tokens (NFTs). On February 20th, the Shiba Inu development team introduced the Sheboshi NFTs, which are digital collectibles using the DN404, or divisible NFT 404 standard that merges the functionalities of the ERC-20 and ERC-721 tokens.  All of the 20,000 Sheboshis were sold out before the public minting phase as holders of Doge Killer (LEASH) and Shiboshis – the male counterparts Sheboshis – scrambled to get their hands on the new NFT collection. Says Lucie in a thread on social media platform X,  “Shiboshis were born in October 2021… The ladies that were introduced this week, Sheboshis, are their mates.  We have a whole breeding plan and a Shiba Eternity P2E (play to earn) lineup ahead of us. So yes, we know traders jump on the new hot thing, Dn404, but for us, REAL HOLDERS of Shi...

Feb 25, 2024 at 07:25 // Price Author Coin Idol Ethereum (ETH) is already trading at the psychologically important $3,000 mark. Price Analysis by Coinidol.com. Long-term analysis of the Ethereum price: bullish The cryptocurrency price tested its recent high three times before retreating. The largest altcoin reached a high of $3,036 before falling back again. The current uptrend will continue if the altcoin falls back above the $2,900 support level. Ether will rise and retest its high of $3,000. If the current resistance is broken, the altcoin could rise to a...

Emerging initiatives in the blockchain and cryptocurrency space are always competing for users' attention and support. Retik Finance (RETIK), a decentralised finance (DeFi) platform positioned as a challenger to Solana (SOL), is one such initiative that has lately gained attention. Investors and enthusiasts alike have shown a great deal of interest in Retik Finance because of its emphasis on scalability, security, and user accessibility. Retik Finance recently sold out its presale months ahead of time in an amazing show of support and demand, hitting the milestone of 30,000 holders in just two months. The Rise of Retik Finance (RETIK): A Solana Rival Emerges As blockchain technology continues to evolve, scalability has emerged as a critical factor in determining the success and viability of decentralised applications (dApps) and platforms. Solana, known for its high throughput and low transaction fees, has long been hailed as a frontrunner in the race for scalability. However...

BitMEX founder expects Filecoin to hit $100 on the back of the AI boom. FIL was overbought, suggesting a possible retracement below $7. If FIL nosedives to $5.43, a harder rebound to $19.33 could be possible. Arthur Hayes, the co-founder of BitMex posted that Filecoin (FIL) price could hit $100. According to Hayes’ post on X, the reason behind this is the budding AI narrative in the bull market. Welcome to the bull market. May all things AI related levitate. $FIL = $100 Yachtzee pic.twitter.com/oggCeY8IGc — Arthur Hayes (@CryptoHayes) February 23, 2024 With its decentralized storage fundamentals, Filecoin has been capitalizing on the growing attention AI tokens have had in recent times.  At press time, CoinMarketCap showed that FIL has been one of the best-performing cryptocurrencies in the last 24 hours. FIL/USD 4-Hour Price Analysis FIL has gained 11.78% in the last 24 hours. However, indications from the 4-hour chart showed that t...

Bitcoin Inscription volume has seen a substantial surge following the advent of BRC-20s. The Inscription volume surpassed 50 million in December 2023, and currently exceeded 60 million. Bitcoin’s mempool transaction count reached an all-time high in 2023, influenced by Inscription volume and BRC-20 tokens. In a recent X post, Binance Research has shed light on the substantial surge of Bitcoin Inscription volume since its inception in December 2022. Despite its slow growth in the beginning, the Inscription volume saw an explosion triggered by the advent of BRC-20s. 3/ The growth of Inscriptions First minted in December 2022, Inscription volumes rose slowly until the advent of BRC-20s triggered an explosion. The count surpassed 1M by early April 2023 and jumped to over 50M by December. As of the time of writing, it has exceeded 60M. pic.twitter.com/L8foNtJZDA — Binance Research (@BinanceResearch) February 22, 2024 As per the X post, the total Bitcoin...

The Fetch.ai price has soared by 14.5% in the past 24 hours to trade at $1.12 as of 8:15 a.m. EST on trading volume that surged 10.5% to $612 million. This surge came after AI chip maker Nvidia reported that fourth-quarter earnings had surpassed market expectations, buoying most of the AI crypto sector. Other AI cryptos to surge included Render (RNDR), Akash Network (AKT), and Bittensor (TAO), all ascending by double digits. Fetch.ai Price Susatains Bullish Momentum Above the Bullish Pennant FETUSD Analysis by Tradingview The Fetch.ai price indicates a continued uptrend after breaking from the consolidation stage. However, the resistance level at $0.78 has led to the formation of a bullish pennant, which signals a bullish trend reversal. However, the bulls seem to have acted on the pennant, indicating resilience on the $0.4424 support zone and flying the price past the $0.78 resistance, confirming the bull rally to the $1.17 resistance level. The technical indicators are bul...