Uncategorized – Page 48

Shiba Inu: How SHIB Eternity can help change SHIB’s fate

Shiba Inu, one of the most popular meme coins in the world, did not make any promising price movements lately as it registered negative 6% growth in the last seven days. However, with several developments happening in the ecosystem, SHIB can help turn the table around in its favor. For instance, SHIB download day for SHIB Eternity was recently announced to be on 1 October 2022. Shiba developers last year mentioned launching SHIB Etherenity, a card-based game, within the next...

XRP investors, the long wait for happier days is finally over because…

After a months-long tussle between Ripple and SEC, things are finally settling down. This new development sparked excitement in the entire crypto community as it gave investors hope for brighter days ahead. The excitement also has a solid ground since XRP’s recent price action was commendable. XRP registered more than 64% seven-day growth, a performance, which was better than all the top 100 cryptos in terms of market capitalization. This unprecedented surge in XRP’s price also helped the alt flip...

What Does XRP Price Analysis Say After The Exceptional Rally?

Published 1 hour ago While the crypto market is still under bearish reign, the XRP price skyrocketed on September 22nd as the long-coming XRPvsSEC is nearing its end and the XRP side seems more optimistic. Thus, the trader’s confidence is turning to this altcoin, and the discount price attracts more buyers. However, the XRP price analysis the new buyers should wait for a possible pullback.

Key points XRP price analysis:

The gradual rise in volume activity indicates genuine recovery A higher price...

XRP Rises Dramatically Amid Market Downturn, Here’s Why?

XRP Rises Dramatically Amid Market Downturn, Here's Why?XRP Rises while other Cryptocurrencies FallSeptember 23, 2022One side where Crypto markets are slowing, for the most part, Ripple (XRP) seems to be an exception as it has seen significant price gains recently.Reason for this could be because of the final verdict and... Read more Source link

Will Algorand’s decentralization stimulant drive ALGO to achieve new highs

Algorand [ALGO], as of 22 September, was able to outperform most of the cryptocurrencies thanks to the recent “State Proofs” activation. At press time, ALGO was 12.74% up as it rallied to $0.3578 per CoinMarketCap data. Interestingly, the price was not the only area that was affected. The price tracking platform showed that ALGO had also witnessed a surge in volume, recording a 45.26% uptick in the last 24 hours. Beyond the price, how exactly did this development affect the...

Chainlink investors should consider this before closing a trade

Chainlink’s LINK cryptocurrency garnered a lot of hype and attention last week triggering a strong bull run. Unfortunately, the return of FUD in the market curtailed its potential upside, instead triggering another sell-off. LINK’s subsequent sell pressure led to an 18% retracement from last week’s high of $8.14 to this week’s low of $6.51. It managed a 5.21% rally to its press time price of $7.03 but there might be more to its current level than meets the eye. LINK’s...

What Cardano [ADA] holders can expect after Vasil upgrade

In a Twitter post, on 21 September, Input Output Hong Kong(IOHK) confirmed that Cardano is ready for the upgrade. According to the Cardano team, the upgrade is currently active due to the simultaneous achievement of all three “critical mass indications.” According to the tweet, 13 cryptocurrency exchanges, or more than 87% of Cardano’s (ADA) liquidity, have certified their readiness for the hard fork over the past 48 hours. Over 98% of mainnet blocks are...

Algorand Is Outperforming After a 15% Jump. Here’s Why

Key Takeaways

Algorand has rallied 15% after revealing its appointment of Michele Quintaglie as its new Chief Marketing Officer. Quintaglie boasts experience at some of the world’s top firms, including Visa, Fidelity, and Raytheon Technologies. Thanks to its partnership with leading soccer federation FIFA, Algorand is enjoying increased interest in the lead-up to the World Cup in November.

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Algorand is one of only a handful of cryptocurrencies in the green after the Federal Reserve raised U.S. interest rates by 75...

FTX is looking to raise another $1B and the reason is surprising

Sam Bankman-Fried’s Bahamian crypto exchange FTX is reportedly out to raise funds again, this time looking for investors to pump in as much as $1 billion in order to maintain its current valuation which is roughly $32 billion. This is an ambitious plan, given the current crypto bear market, but the billionaire CEO of FTX has broken several industry norms during the contagion by going on a shopping spree when others conserved cash.

Renewal of acquisition campaign?

According to a report by...

Time for XRP holders to play this leverage game, thanks to Fed

XRP managed to deliver a healthy rally from mid-September as the sentiment shifted in favor of the bulls. Its upside resulted in a resistance retest of May 2022. But, alas, whales have started contributing to short-term sell pressure. XRP whales have so far had a huge impact on its performance. For example, the largest whales holding more than 10 million coins had a net increase from 15 to 19 September. This whale category controls more than 70% of XRP’s total supply....