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The XRP price surged 18% in the last 24 hours to trade at $1.799 as of 09:35 p.m. EST on trading volume that skyrocketed 146% to $18 billion. XRP Price Aims For A Continued Surge The XRP price has been on a continued surge since the beginning of November, as the bulls capitalized on the $0.50 support to push it up through a parabolic surge, breaching the $1.1 support zone. According to data from GeckoTerminal , the XRP price bulls have eventually breached the $1.4 consolidation zone, overcoming the $1.65 psychological resistance level. XRP price has still maintained its surge above both the 50-day and 200-day Simple Moving Averages (SMAs), which further supports the upward trajectory. Meanwhile, the Relative Strength Index (RSI) is currently at 77, in the overbought zone, which suggests the asset may be overextended in the short term. This doesn’t necessarily mean an immediate reversal but signals caution for potential pullbacks or consolidation after the recent sharp rally....

Terra Classic (LUNC) has struggled to maintain prices throughout 2024. Various measures have been implemented to stabilize LUNC’s prices — most notably, token burns aimed at reducing supply and thus increasing value. Given that the wider cryptocurrency market has entered a full-blown bull run — many traders are anticipating the start of the long-awaited altcoin season. Some are speculating that the wider surge, coupled with a decreasing supply, could lead LUNC to experience significant moves to the upside — especially taking into consideration its performance over the last month.  LUNC was trading at a price of $0.0001225 at press time, after a 5.22% gain on the daily chart supplemented weekly returns to 8.82%, bringing returns over the last 30 days up to 32.68%. On a year-to-date (YTD) basis, prices are still down 11.61%. Picks for you ...

On the first day of every month, Ripple unlocks 1 billion XRP tokens from an escrow system using the XRP Ledger. On December 1 (Sunday), the company will unlock $1.60 billion worth of tokens in three transactions of 200 million, 300 million, and 500 million XRP. Interestingly, December 2024’s unlock accounts for 1.75% of the current 56.99 billion circulating supply. Moreover, accrues for 2.61% of the remaining 38.23 billion XRP tokens locked in escrows under Ripple’s control. Three escrows will reach finality in the last minutes of November 30, held by two known wallet addresses Ripple owns. In particular, ‘Ripple (24)’ will unlock 200 and 300 million XRP, previously locked in November and December 2020. Picks for you Putin signs law recognizing Bitcoin and crypto as Property 55 mins ago ...

Crypto product firm 21Shares is launching new exchange-traded products (ETPs) centered around four prominent digital assets. In a new thread on the social media platform X, the world’s largest ETP provider says it is launching ETPs for oracle provider Pyth (PYTH), decentralized graphics processing protocol Render (RENDER), real-world assets-focused Ondo Finance (ONDO), and layer-one blockchain Near Protocol (NEAR). “Big news: Four game-changing ETPs just released! Introducing our newest products focused on oracles, tokenization, decentralized computing, and artificial intelligence.” In its product descriptions, 21Shares notes that each ETP is 100% “physically” backed up by its associated token. News of the ETPs saw all four of the altcoins surge into the green. RENDER and ONDO are trading for $7.73 and $1.05 at time of writing while PYTH and NEAR are valued at $0.446 and $6.68, respectively. Earlier this week, Wisdom Tree – another ...

Dating back to 2017, Bitcoin Cash (BCH) is a hard fork of the leading cryptocurrency Bitcoin (BTC), which was developed to solve some of BTC’s scalability issues.  With a much larger block size limit of 32MB, compared to Bitcoin’s 2MB limit, BCH can provide both cheaper and faster transactions. However, the project has run into several difficulties — most notably, an internal disagreement led to another fork which resulted in the creation of Bitcoin Satoshi Vision (BSV) in 2018. Despite the obvious advantages that BCH provides in terms of utility, it hasn’t managed to secure a market capitalization comparable to its more established cousin.  Picks for you Here’s why Gold’s next move could propel prices to new highs 25 mins ago Sup...

Economist Alex Krüger thinks Bitcoin (BTC), memecoins and other altcoins are primed to surge for the next few months. Krüger outlines his prediction for the crypto market to his 190,500 followers on the social media platform X. “Stage 1. Bitcoin runs. Stage 2. Memecoins join. Stage 3. Altcoins join. First large flush [at around] $110,000-$120,000? Stage 4. Mania continues. Until Christmas / Inauguration. Stage 5. Moar. Not as manic. Until end of Feb / March. Stage 6. Correction and Pain. Stage 7. Moar. Even less manic. Something like this would make sense.” Krüger notes that the crypto bull run could take a break in March due to the fact that tax day in the US is on April 15th. “The above closely mirrors what happened in 2021 and 2024, so front-running March profit-taking in February would make sense as well. Crypto market participants have painful memories deeply ingrained. And we move in hordes. There often is a self-fulfilled prophe...

The Bitcoin price plunged 5% in the last 24 hours to trade at $93,512 as of 02:21 a.m. EST on trading volume that surged 94% to $120 billion. This follows MicroStrategy’s announcement on Monday that it acquired an additional 55,000 BTC for $5.4 billion between November 18 and November 24. With this latest purchase, the company now holds approximately 386,700 BTC, acquired at a total cost of about $21.9 billion, averaging $56,761 per BTC. Bitcoin Price Currently Undergoing A Correction After what appears to be a parabolic rise in November, the Bitcoin price then went through a cool-off, as the bulls used the $90,000 support to push the price up through a rising channel pattern, according to data from GeckoTerminal. The price of Bitcoin, however, has breached the lower boundary of the channel, suggesting that BTC is currently undergoing a correction. The current correction has pushed the price of Bitcoin to trade below the 50-day Simple Moving Average (SMA). However, the BTC p...

A Dogecoin (DOGE) rival has rallied after suddenly being listed on retail trading giant Robinhood’s platform. In a new announcement, Robinhood says that the dogwifhat (WIF) is available for trading on Monday. Amid the news, the memecoin soared to a high of $3.62, up from Sunday’s low of $3.06. WIF has settled down to $3.24 at time of writing, up 4.7% in the last 24 hours. With a market cap of $3.2 billion, the Solana (SOL)-based memecoin is the 49th largest crypto project. Earlier this month, top US-based crypto exchange platform Coinbase announced support for WIF, which launched less than a year ago in December 2023 as a community-driven memecoin with a fixed supply. The digital asset displays the image of a Shiba Inu dog wearing a pink knitted hat. For Robinhood, it is only the latest addition of several digital assets added to its suite of crypto trading options. Two weeks ago, Robinhood announced it was adding smart contract platforms Solana and...

Shiba Inu (SHIB) has experienced immense success over its four years. Since its launch in August 2020, the price of dog-themed cryptocurrency has risen by many million percent. Early investors made millions of dollars in profit with minimal investments. Despite its incredible growth, the asset’s price has stagnated over the last few years. SHIB has made some gains over the previous few weeks, but it is nothing compared to its 2021 rally. Many believe the SHIB boat has sailed, but others think there is still plenty of room for SHIB to grow. SHIB fans and investors target higher prices for the asset. Many aim to delete a couple of zeros after the decimal point. Let’s discuss three ways how SHIB can hit the $0.001 target. Also Read: Shiba Inu: AI Predicts SHIB Price for November 30, 2024 3 Ways How Shiba Inu Can Hit $0.001 Source – Token Metrics 1. Massive SHIB Token Burns One of the most significant catalysts for SHIB’s incredible performance in 2021 was Bitalik Bu...

UNHCR, a global organization dedicated to saving lives, protecting rights and building a better future for people forced to flee their homes because of conflict and persecution, has partnered with the Cardano Foundation, among other non-profit companies, to launch a new non-fungible token collection. The NFT collection is created to aid refugees, empower young artists, and fund sustainable art initiatives. UNHCR And Cardano Foundation Drop An NFT Collection In a November 24 blog post, the Cordano Foundation, a non-profit Swiss foundation focused on empowering the Cardano ecosystem through providing blockchain network solutions for digital enterprises, confirmed partnering with UNHCR and other parties to launch a new non-fungible token collection duped ‘Cardano Summit 2024.’ The new NFT collection is live for minting in NMKR until December 04, 2024. Cardano Summit NFTs: Your chance to support incredible causes! ❤️‍🔥 Proceeds aid refugees, empow...

Cat-themed meme coins Popcat, MEW and MOG are tumbling, but new feline money-maker Catslap ($SLAP) keeps hitting new all-time highs after surging 41% so far today. Catslap’s clicker-gamified slapper fun is taking crypto by storm as its Slapometer goes into overdrive – 1.9 million slaps and counting. The price of $SLAP hit an all-time high of $0.0029 earlier today and is currently trading at $0.0027. Predictions that the new meme coin could take out the $0.0030 level this weekend are very much in play. Catslap now has 1,560 token holders barely 48 hours since launch and a market cap of $23.8 million. Catslap launched at a market cap of $1 million.  Catslap could be on the verge of exploding to an all-important market cap of $100 million, that will put the token onto the radars of centralized exchanges, including Tier 1 Binance, OKX, Coinbase and Robinhood. Catslap Token Is Audited, Has $1.9M In Locked Liquidity Cats...

Beneath the cryptocurrency market’s optimism that arose from Donald Trump’s re-election and the associated bull run, there is no shortage of confusion about what his re-election will mean for the industry and the economy more broadly. While there is little doubt that the incoming administration is vocally far more favorable to digital assets than the outgoing one, the exact policy – and the exact effects of the hypothetical policies – remain uncertain. In this climate, the fate of the Federal Reserve’s FedNow system, a potential U.S. central bank digital currency (CBDC), and Ripple Labs has again come to the forefront. Picks for you Revealed: Robert Kiyosaki's portfolio performance in 2024 45 mins ago Ethereum whale turns $...

XRP is among the beneficiaries of the current bull run, with the token finally breaking above the $1 mark, sparking interest in how far the rally can go.  Generally, XRP has rallied in anticipation of cryptocurrency-friendly policies under the incoming administration of Donald Trump, who has expressed support for the digital asset space. Now, with XRP surging past $1, one key resistance level to watch is the $5 mark. Picks for you Bitcoin short interest in focus as BTC nears $100k 42 mins ago XRP price targets $2 as SEC chief confirms exit 1 hour ago Solana killer Sui Network is down, no new blocks in the last 1.5 hours ...