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Showing posts with the label market

Ripple CEO Sounds Alarm: If You’re An XRP Investor, You Should See This

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Ethereum Price Risks Further Crash To $2,350 With Lower Lows Formation

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Shiba Inu's Mystery: Who Holds the Key to 60% of SHIB's Supply?

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The prominent meme coin Shiba Inu (SHIB) is known for its increasing utility. The community-driven project has garnered attention as it aims to move away from its “meme coin” tag. While the team behind SHIB has been building without a stop, the price of the asset was seen falling short of expectations. Amidst this, a recent report highlighted how a notable 61.3% of the meme coin’s total supply is held by the top 10 largest wallets. Also Read: What is Cryptocurrency (for Dummies)? An Imbalance In The Shiba Inu Network? Source: Watcher Guru According to recent data from Santiment, the ten largest wallets in the Shiba Inu network hold 61.3% of SHIB’s total supply. The firm further explained how this disparity could cause chaos in the market. Santiment noted that only a small number of holders will have authority over the market. In SHIB’s case, more than half of its supply is being held by ten wallets. If in case these wallets decide to sell their holdings, th...

Best Cryptocurrencies to Invest in Right Now January 8 – Pepe, Cardano, Chainlink

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As the cryptocurrency market evolves, market participants analyze opportunities to maximize returns. Prominent projects like Pepe, Cardano, and Chainlink continue to capture attention due to their innovation and growing adoption rates. Cryptocurrencies offer a broad spectrum of opportunities, making them an appealing alternative to traditional investments. As such, InsideBitcoin provides insights into the best cryptocurrencies to invest in right now , helping investors make informed decisions. By evaluating these assets’ key metrics, the platform offers guidance to those seeking high-potential options in the crypto market. Best Cryptocurrencies to Invest in Right Now Cardano is currently priced near $1, and market Analysis indicates possible growth in its value. Chainlink has demonstrated consistent performance in the cryptocurrency market, trading at $20.91, surging by 5.88% over the past week and seeing a notable 49% increase over the last year. Meanwhile, Litecoin is valued...

Ripple prepares for its first XRP dump of 2025 with 300 million reserved in January

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On the first day of the year, Ripple prepared for its first token dump of 2025, reserving 300 million XRP of the 1 billion unlocked tokens, as Finbold warned on Christmas. This is part of a monthly selling pattern originated from XRP’s genesis distribution, reserving 80% of its supply to Ripple. Previously, we reported the company preparing for its largest XRP dump to date, and also the last sale of 2024. In these occasions, Ripple reserved and sold 470 million XRP in November and 200 million XRP in December. Now, repeating the pattern, the U.S.-based institution sent 300 million tokens to the ‘Ripple (1)’ account, according to data from XRP Scan . This amount comes from the ‘Ripple (24)’ account, which held the unlocked escrow of 500 million XRP for January 2025. Picks for you DOGE is set for ‘explosive surge’ as key pattern turns green ...

Dogecoin (DOGE) Predicted to Rebound From December Fall: Here's When

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Amid what has been a treacherous end of the week for the cryptocurrency market, Dogecoin (DOGE) is expected to rebound from its ongoing 22% December fall. The leading meme coin has not been able to greatly benefit from the crypto bull market that set off in November. Yet, it has struggled alongside a plummeting market Thursday. A host of assets have seen a drastic dip in their overall value. Indeed, more than $1.1 billion was liquidated from the cryptocurrency market in the last 24 hours. Tokens like Ripple (XRP), Solana (SOL), and Chainlink (LINK) have seen stark corrections take place. Now, all eyes are on how they can bounce back. For Dogecoin, that is fully expected to take place rather soon. Source – Bitcoinist Also Read: Can Dogecoin (DOGE) Reach $0.90 After Bitcoin’s New Peak? Dogecoin Falls Alongside Crypto Market: When Are Experts Predicting the Comeback? At the start of November, the cryptocurrency market embraced a monumental bull rally. The outcome of the 2024 pr...

Bitcoin: 13-Year-Old Wallet With 50 BTC Awakens, Market on Edge

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The entire globe woke up to witness the impeccable growth of Bitcoin (BTC) over the coveted $100,000 mark. This marks a notable milestone for the entire cryptocurrency community. The king coin did not have the same stature that it does today. Bitcoin is called a scam and even labeled as an asset used on the dark web. But now, cryptocurrency is highly sought after by many governments across the globe. Amidst the asset’s latest ascent, old and dormant investors were seen resurfacing. Also Read: Ripple: AI Predicts XRP Price After SEC Chair Paul Atkins Assumes Role Are These Whales Cashing Out? According to Whale Alert, several whales that have been holding onto their Bitcoin for years were making headlines. The firm revealed that an address that holds about 50 BTC was activated after 13 years. This was worth about $219 back in 2011. At today’s price, this dainty number is worth $5,160,551. A dormant address containing 50 #BTC (5,160,551 USD) has just been activated after 13.0...

XRP Predicted to Reach $2 and $3: Here's the Tentative Timeline

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The price of XRP is soaring as it is poised to climb for the third week in a row. This was surprising as most assets in the market were dipping. But Ripple’s XRP has risen beyond the critical resistance level at $1. This further increases the likelihood that it will reach its highest point of the year, $1.98. But the real question is if the altcoin will continue this hot streak and reach a high of $2 or even $3 anytime soon. Also Read: De-Dollarization Rises: 10 ASEAN Nations That May Dump The US Dollar XRP Stays Still At $1.11 Ripple’s cryptocurrency seemed to having a tough time maintaining itself beyond the $1.11 mark. Over the past seven days, XRP surged by a staggering 56% followed by a monthly gain of 108%. Earlier today, the asset surged all the way to a high of $1.15. AT press time, XRP was priced at $1.12. Source XRP hit an all-time high of $3.84 about seven years ago. Currently, the altcoin is 71% below this peak. Since the altcoin has managed to retain itself over...

Top Selling NFTs This Week – CryptoPunks & Bored Ape Lead In Trading Sales Volume

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The global non-fungible token market finally seems to be rebounding after several months of downturn, with renewed interest from the whales driving momentum back into the space. The NFT market, which suffered a prolonged downtrend, began climbing earlier this month after Donald Trump was re-elected as United States President. In this article, we have listed some of the top-selling NFTs this week: 1. CryptoPunks NFT Collection CryptoPunks, a non-fungible token collection featuring a fixed supply of 10,000 pixilated NFTs previously created by Larva Labs but now managed by the digital asset firm Yuga Labs, is this week’s most traded NFT collection in the NFT market. In the past 24 hours, the NFT collection has amassed a trading sales volume of 1720 ETH. It has a market cap of 1.05 billion and a floor price of $105,456. 2. Bored Ape Yacht Club NFT Collection Bored Ape Yacht Club, another non-fungible token collection from the digital asset firm Yuga Labs that Features a limited e...