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Ripple ’s XRP token seems to be following the larger market rebound, rallying 0.9% in the daily charts, 13.7% in the 14-day charts, and 28.2% over the previous month. The latest market recovery is likely due to Bitcoin (BTC) inching closer to the $70,000 mark. BTC’s rally, on the other hand, is likely due to Donald Trump making bullish comments on the original cryptocurrency at the 2024 Bitcoin conference. There is some speculation that Trump might start a Bitcoin reserve policy if he comes to office. Also Read: Here’s When XRP Will Climb Above $1 Again How to be a millionaire when Ripple’s XRP hits $1.5? Source: Reddit To have a million dollars worth of XRP at $1.5 per coin, you will need about 666,666.66 coins. The price of 666,666.66 XRP right now is about $400,000. If XRP hits $1.5, your investment would have grown by about 150%. The question now becomes when will XRP hit $1.5. One of the most significant barriers to XRP’s price is the ongoing lawsuit between...

Fuse Network has announced that the Consensus Contract on the Flash Testnet network is now live, as per the latest updates shared with Finbold on July 29. Dedicated to advancing the network’s capabilities, stability, and decentralization, Fuse is likewise introducing several key updates, including a new maximum stake requirement for validators, a deflationary token model , and the integration of Polygon’s Chain Development Kit (CDK).  zkEVM Layer 2 Network  The transition to a ZK-powered Layer-2 (L2) network using Polygon CDK is expected to boost the network’s scalability, security, and interoperability.  Picks for you Nikki Haley’s net worth revealed: How much is the former South Carolina governor worth? 2 hours ago China is...

A crypto whale has invested $370,000 in the WienerAI ($WAI) token, as the presale raise total closes in on the $9 million mark. The AI trading-focused meme coin that Features an adorable wiener dog as its mascot, aims to revolutionize meme coins by offering game-changing technology. In a testament to the excitement being generated about the powerful AI trading chatbot at the heart of the product, one deep-pocked investor has ponied up 114.15 ETH, currently valued at $370,000, to secure what could be 10x gains or more at launch. https://etherscan.io/tx/0x456b1350de117788c36082c08d86b9f4fe8e9e2cf55da8c210320c19c88957e7   Right now, WienerAI’s presale price is a steal compared to the expected future gains. With over 70% of the funds raised already locked in staking, there’s strong investor confidence in $WAI’s potential. Plus, an upcoming exchange listing could send its price skyrocketing. At the final presale price of...

The Bitcoin price climbed 1% in the last 24 hours to trade at $67,989 as of 09:54 p.m. EST on trading volume that dropped 22% to $29 billion. There will be better times ahead if Michael Saylor’s latest prediction proves right. The BTC permabull said at Bitcoin 2024 in Nashville on July 26 that the BTC price will hit $13 million by 2045. There was more good news for the king of cryptos, too, when the state of Michigan invested $6.6 million of its pension fund in ARK 21Shares’ ARKB spot Bitcoin ETF (exchange-traded fund). Bitcoin Price Invalidates Rounding Top – Bullish Rally Ahead? Bitcoin Price Chart Analysis Source: GeckoTerminal.com The Bitcoin price has been in a tear in July, as it used the $56,000 support level to surge through a markup phase to the $68,000 resistance zone, according to data from GeckoTerminal . BTC price then went through a correction, retracing to the $64,000 level, forming a rounding top pattern. The price of Bitcoin then invali...

A widely followed crypto analyst believes that one Ethereum (ETH) rival is gearing up for a parabolic move. In a new strategy session, crypto trader Ali Martinez tells his 68,300 followers on the social media platform X that Solana (SOL) could put up a more than 400% gain based on historical precedence. “Solana is looking a lot like July 2021 – $1,000 SOL coming soon!” Source: Ali Martinez/X Looking at the analyst’s chart, he suggests that Solana may be breaking out of a descending triangle for a bullish reversal similar to in July 2021, when SOL soared from around $34 to an all-time high (ATH) of about $260 in November 2021. Solana is trading for $181 at time of writing, up 6.8% in the last 24 hours. Next up, the analyst says Bitcoin’s (BTC) relative strength index (RSI) – a momentum oscillator used to analyze whether an asset is overbought or oversold – is flashing bullish. “Bitcoin is signaling a potential bul...

The presidential race in the United States is getting interesting, with several twists and turns. Amidst this, crypto currency hasn’t lost steam. Donald Trump , the former President of the United States, has continued to garner support from the crypto currency industry through donations. More recently, the Chief Legal Officer of Ripple, Stuart Alderoty, donated a staggering $300,000 in XRP to the Republican presidential candidate. Fox Business journalist Eleanor Terrett revealed that Alderoty poured in 624,000 XRP to Trump’s campaign. This donation was made on June 11, 2024, but was brought to light only recently. NEW: According to @AppBreadcrumbs, @Ripple’s General Counsel @s_alderoty donated $300K in $XRP to @realDonaldTrump. — Eleanor Terrett (@EleanorTerrett) July 25, 2024 It seems like Trump’s campaign was scared of the volatility of the crypto currency industry. Following the above transfer from the Ripple CLO, Trump’s office converted the XRP to USDC. Former FOX News analys...

Marathon Digital (MARA), one of the largest Bitcoin (BTC) mining companies , has recently announced a substantial acquisition of $100 million worth of Bitcoin.  This significant purchase, detailed in a recent company statement, has increased Marathon’s Bitcoin holdings to over $1 billion at current prices, showing the company’s confidence in the future price appreciation of the largest cryptocurrency on the market. Is Bitcoin The ‘World’s Best Treasury Reserve Asset’? According to the company’s announcement on Thursday, by adopting a “HODL” strategy, Marathon has committed to retaining all Bitcoin mined through its operations, coupled with periodic strategic purchases on the open market.  Related Reading Dogecoin Set ...

The 2024 Paris Olympics opening ceremony takes place on Friday, but traders are already apeing into a new coin that is the closest crypto has to an official Olympics token: The Meme Games ($MGMES). In the space of a week, $MGMES has amassed $250,000 from smart investors looking to capitalize on growing Olympics fever. Olympic Games-themed cryptocurrency The Meme Games ($MGMES) packages five top meme coin projects in a novel purchase-and-play format that is both fun to play and profitable. The meme coins participating in The Memes Games are: Dogecoin ($DOGE), Pepe ($PEPE), DogWifHat ($WIF), Brett ($BRETT) and Turbo ($TURBO). Meme Games blends the gaming success essentials of jeopardy, excitement, competition, rewards and the element of chance. That, combined with the worldwide attraction of memes and the Olympics, has seen the crypto and tech media already labelling $MGMES as the ‘official’ meme coin of the 2024 Paris Olympics. ...

In 2024, the crypto market is buzzing with potential. New altcoins are emerging, each with the promise of explosive growth. Investors are keenly watching these upcoming stars, ready to ride the next big wave. Which coins are set to make a significant impact? This article delves into the top six contenders primed for serious gains. BlastUP Releases Blastbox V2: a Treasure Trove Full of Perks Fresh off raising $8 million in its presale, BlastUP, the top launchpad on Blast, introduces another opportunity to get $BLASTUP tokens at the presale price with the launch of Blastbox V2 . This loot box is a treasure chest brimming with perks, including $BLASTUP tokens and Booster Points . Buying BLASTUP tokens ahead of TGE offers a chance to make a smart investment, as experts are predicting potential returns of up to 1000%. Blastbox V2 offers more than just valuable assets; it's a gateway to exclusive privileges on BlastUP. Owners enjoy benefits such as NFT and token airdrops , me...

Tron price is rising from the $0.1300 zone against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1350. Tron is moving higher above the $0.1300 resistance level against the US dollar. The price is trading above $0.1320 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.1330 on the hourly chart of the TRX/USD pair (data source from Kraken). The pair could continue to climb higher toward $0.1380 or even $0.1420. Tron Price Eyes Fresh Increase Recently, Bitcoin and Ethereum saw a fresh decline below $66,500 and $3,500 respectively. However, Tron price remained stable above the $0.1300 support and climbed higher. There was a decent move above the $0.1320 resistance zone. TRX price cleared the 50% Fib retracement level of the downward move from the $0.1371 swing high to the $0.1311 low. The price is now trading above $0.1320 and the 100-hourly simple moving average. ...

Ethereum ETFs (exchange-traded funds) began trading on Tuesday, generating significant volume within the first 2 hours of trading. Interestingly, the Ethereum ETFs ranked among the top 1% regarding ETF volume .  Related Reading Analyst Says Solana Price Will Surge 1,000% To $1,800, Here’s When 2 hours ago Ethereum ETFs Surpass Traditional Launch Volumes According to Bloomberg ETF expert Eric Balchunas, the ETH ETFs traded $361 million in the first 90 minutes on launch day, surpassing the typical volume seen at the launch of traditional ETFs. Blachunas said: Here’s where we at after 90 minutes. $361m total. As a group that number would rank them about 15th overall in ETF volume (about what $TLT and $EEM trade), which is Top 1%. But again compared to a normal ETF launch, which rarely see more than $1m on Day One, all of them have cle...

The Ethereum price has soared 14% in two weeks but is down 1.2% in the last 24 hours to trade for $3,479 as of 00:12 a.m. EST. It comes following another landmark decision by the US Securities and Exchange Commission (SEC) on Monday, allowing Ethereum spot ETFs (exchange-traded funds) to begin trading on Tuesday, July 23. [🌲] SEC SIGNS OFF SPOT ETHEREUM ETFS FOR TRADING TOMORROW: FILING — Tree News (@News_Of_Alpha) July 22, 2024 The regulator green-lit the S-1 registration forms of applicants, statements requisite for the launch of respective Ether-based ETFs on their respective stock exchanges, including the NASDAQ, New York Stock Exchange, and Chicago Board Options Exchange (Cboe). It’s official: Spot Eth ETFs have been made effective by the SEC. The 424(b) forms are rolling in now, the last step = all systems go for tomorrow’s 930am launch. Game on. pic.twitter.com/9MaBDBA8co — Eric Balchunas (@EricBalchunas) July 22, 2024 The issuers of the...