Is Ripple Dumping Millions Of XRP? CTO Addresses Reasons Behind $34 Million Transaction

Ripple has always been subjected to claims of manipulating the price of XRP and its natural growth by selling coins. As the cryptocurrency’s largest holder, Ripple has faced constant criticism about the amount of XRP it holds, with detractors arguing it gives them too much control and influence over the price.  Particularly, there’s been some drama swirling around the altcoin lately and claims that Ripple has been manipulating the market and systematically dumping its large holdings. This has come in Read more …

Bitcoin May Fall To $42,000 Ahead Of Major Rally

In an exclusive interview with CNBC’s ‘Squawk Box’, Mike Novogratz, CEO of Galaxy Digital, provided an in-depth analysis of the current state and future trajectory of Bitcoin amidst a rapidly evolving financial landscape. The conversation spanned a variety of topics, including the recent surge in Bitcoin prices following the approval of spot Bitcoin ETFs and the impact of the Federal Reserve’s monetary policy on cryptocurrency markets. Bitcoin Amid Market Consolidation And Institutional Adoption Opening the discussion, Novogratz touched on the Read more …

Ethereum Breaks Back Above $3,000, Will FOMO Lead To Top Again?

Ethereum has once again broken above the $3,000 level after previous attempts ended in failure as FOMO took over the investors. Ethereum Has Rallied 3% In Past Day To Break Back Above $3,000 Earlier, Ethereum had made two attempts at the $3,000 level, but both of them had turned out to be brief as the asset quickly retraced back to lower levels. In the past day, ETH has once again made a push towards the mark, as the chart below Read more …

Billionaire Tim Draper Bullish On Bitcoin As It Will Surpass Traditional Currencies, Here’s Why

Tim Draper, founder of Draper Associates and Billionaire venture capitalist, recently shared his thoughts on Bitcoin and the flagship crypto token’s potential to revolutionize the global economy. Specifically, Draper highlighted how BTC could replace the Dollar and other fiat currencies soon enough. BTC To Replace The US Dollar Draper mentioned during an interview on Bloomberg that the time is coming when people “won’t want the Dollars” anymore. He believes this would happen as a result of everyone having a preference Read more …

Privacy Coins Under Attack – Not Down for the Count Yet

The delisting of monero by Binance marked a significant turning point for privacy coins, showcasing the growing impact of regulatory demands on privacy-focused projects, while also spotlighting emerging projects like Zano that aim to navigate these challenges. Regulatory Pressures Set to Reshape Privacy Coin Landscape The privacy coin landscape is experiencing seismic shifts after Binance, […] Source

Top 6 Altcoins That Will Benefit From Ethereum’s Dencun Upgrade

As the Ethereum ecosystem braces for the much-anticipated Dencun upgrade, renowned crypto analyst Miles Deutscher provides an in-depth look at the altcoins poised for significant growth. Scheduled for March 13, the Dencun upgrade is a critical hard fork aimed at enhancing Ethereum’s scalability, security, and usability. Deutscher’s insights reveal how specific Layer 2 (L2) solutions are uniquely positioned to benefit from the upgrade’s introduction of Proto-Danksharding and other key enhancements. Deutscher explains, “The Dencun upgrade, especially with EIP-4844, represents a Read more …

Bulls Take Hit But This Level Could Trigger Another Increase

XRP price started a downside correction from the $0.580 resistance. The price could start a fresh rally unless there is a close below the $0.535 support. XRP is struggling to clear the $0.5650 and $0.580 resistance levels. The price is now trading above $0.535 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.5350 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start Read more …

Report: Bankman-Fried Stands by Legal Team Amid Potential Conflict of Interest

Sources report that Sam Bankman-Fried (SBF), the erstwhile crypto magnate and former head of FTX, intends to utilize his newly appointed legal team, despite these attorneys also serving Alex Mashinsky, the former chief of Celsius. On Wednesday, in a courtroom declaration, SBF confirmed his complete understanding that his legal representatives were also advocating for Mashinsky. […] Source

Ethereum Price Retreats From $3K But Bulls Remain In Charge

Ethereum price spiked above the $3,000 resistance before the bears appeared. ETH is correcting gains, but dips might be limited below the $2,865 support. Ethereum struggled to stay above the $3,000 level and corrected lower. The price is trading above $2,900 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,950 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless the bears push Read more …

Beyond Bitcoin: Ripple CEO Says Approval of Multiple Crypto ETFs ‘Inevitable’ — Embraces Idea of Spot XRP ETF

Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot exchange-traded funds (ETFs) based on crypto tokens other than bitcoin. “I think it’s inevitable that there’ll be multiple ETFs around different tokens,” he stressed, noting that Ripple would welcome an XRP ETF. “In my opinion, it makes these markets […] Source

Bitcoin Price Holds Ground But Risk of Pullback Keeps Rising

Bitcoin price failed again to clear the $53,000 resistance. BTC is now back below $52,000 and there are chances of a downside break below the $50,500 support. Bitcoin price is struggling to clear the $52,000 resistance zone. The price is trading below $52,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $51,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bearish momentum Read more …

Arbitrum (ARB) Faces Potential Selling Pressure As 1 Billion Tokens Become Unlocked In March

Arbitrum, the cryptocurrency network designed as a scalability solution for the Ethereum blockchain, has recently experienced a notable price correction, resulting in a drop in its native token, ARB. Over the past 24 hours, the token’s value dipped to $1.84, marking a retracement of 5%.  As February draws to a close, attention is now turning to the potential downside price action expected in March as a substantial number of ARB tokens are set to be unlocked. Major Unlock Event Looms Read more …