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Crypto’s Price Surges Riding the wave of a promising price of $0.523726 on CoinGecko, Ripple’s XRP cryptocurrency has generated excitement with a remarkable 24-hour surge of 6.3% and an impressive seven-day surge of 12.7%.  The surge in XRP ’s value can be attributed to a series of bullish market indicators that have reignited optimism among traders. advertisement Read XRP and Significance of $0.50.. However, the surge in price is not the only aspect driving enthusiasm around XRP . The network activity of the XRP Network has also reached unprecedented levels. According to a tweet by Santiment, the blockchain has witnessed its second and third-largest spikes in address activity in the past two days. The combination of the bullish price action and increased network activity sets the stage for bullish sentiment. Even Deaton tweeted about the potential price of $2 driving FOMO. Recommended Articles ...

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction shows that BTC could retest the $27,500 level for it to maintain a steady increase above the moving averages. Bitcoin Prediction Statistics Data: Bitcoin price now – $27,785 Bitcoin market cap – $539 billion Bitcoin circulating supply – 19.3 million Bitcoin total supply – 19.3 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $32,000, $34,000, $36,000 Support Levels: $24,000, $22,000, $20,000 BTC/USD is likely to recover higher should in case the bulls hold the price at $28,000 which is the daily high and the first digital asset must move near the upper boundary of the channel to start another increase. As of the time of this writing, the Bitcoin price still sits above the 9-day and 21-day moving averages. Bitcoin Price Prediction: Would BTC Gain More? According to th...

Can the Ethereum blockchain be both scalable and secure? This project says “Yes,” through a novel concept called hybrid rollups. Graphic designers have an old saying: “Your project can be fast, cheap or good — pick two.” It’s a classic trilemma. Rushing to create something might mean it’ll be delivered quickly, and therefore less expensive. Then again, the end product could be disappointing. If customers go the “cheap and good” route instead, they’re willing to wait a while — it’s going to take time, and projects that pay better will be prioritized. For years, there’s also been a lot of talk in the blockchain world about a trilemma in terms of decentralization, security and scalability: decentralized networks can only provide two of the three benefits at any given time. Experts argue that scalability requires a trade-off with security . In this case, a network can handle more transactions, but the risk of an exploit increases. But this doesn’t necessarily have to be the case. Right n...

The new week has brought in new hope along with it. Traders and investors expect to see a break-out in either direction in the days to come. At press time on Monday, the crypto market pendulum was more inclined toward the bullish side. The aggregate capitalization was seen inching towards $1.2 trillion, owing to a 2.15% bump over the past 24 hours. Dogecoin was one of the many beneficiaries of the broader recovery. At press time, it was trading at $0.07325, up by more than a percent on the daily. A lot of Dogecoin -related shuffling has been taking place of late. A large participant transferred DOGE tokens in 8 batches containing 680 million tokens each recently. One set was worth around $50 million. Around the same time, Robinhood’s Dogecoin holdings have depleted from 24% to 16%. In fact, a few hours back, another significant DOGE transaction involving around 620 million DOGE took place. Usually, shufflings from one wallet to the other do not impact the price of the a...

May 28, 2023 at 08:17 // Price Author Coin Idol Dogecoin (DOGE) price is falling below the moving average lines. Dogecoin price long-term forecast: bearish Since May 11, the price has been stationary above the $0.069 support. Since May 11, the price of DOGE /USD has been restricted to a range between $0.069 and $0.0750. The 21-day line SMA and the resistance at $0.0750 have slowed down the upward movements. The presence of Doji candlesticks stalled the price movement. The Doji candlesticks show that both buyers and sellers are uncertain in which direction...

As of press time, XRP is trading 1.82% up at a price of $0.4725 with a market cap of $24.5 billion. Over the last few weeks, crypto whales have also turned bullish over XRP and have purchased 52 million XRP coins worth just over $22.9 million over the past 3 weeks, reports crypto analyst Ali Martinez. advertisement Courtesy: Santiment Ripple continues to be in the news over its ongoing battle with the SEC with the legal tussle now moving closer to a summary judgment. However, in a recent jolt to Ripple, one of the company’s counsels Kylie Chiseul Kim decided to withdraw from Ripple. Ripple vs SEC Case to Resolve By July As the ongoing court battle between Ripple and the SEC continues, Jeremy Hogan has recently predicted that the resolution of the case shall happen by July 2023. The legal practitioner was basically responding to a recent video where Ripple CEO Brad Garlinghouse mentioned that the resolution of the case shall happen within a few w...

If BRICS currency captures the Latin American markets, the U.S. dollar could be on a path of decline. Mexico and 18 other countries have expressed their interest to join the BRICS alliance and accept the new currency, reported Bloomberg. BRICS could soon expand to BRICS + if the group of five nations decides to allow new countries into the bloc. Also Read: What Happens if Saudi Arabia Accepts BRICS Currency? The move will make BRICS stronger and challenge the G7 Western nations in GDP and purchasing power parity (PPP). Mexico’s inclusion in BRICS could disrupt the traditional global financial markets making way for the new world order. If Mexico accepts the BRICS currency for cross-border transactions as part of BRICS+, it could open up avenues for the new currency to reach other Latin American markets. The U.S. dollar could be the hardest hit if the development takes place this year. What Happens If Mexico Accepts BRICS Currency? Source: bergerpaints.com Mexico’s ...

Join Our Telegram channel to stay up to date on breaking news coverage Sensational new artificial intelligence (AI)-powered meme generating and sharing platform AiDoge.com’s viral presale is nearly over, as FOMO for the next big meme coin to explode rages. In barely one month, the Web3 AI/meme project has raised a stunning $13.7 million via the sale of the $AI token that will be used to power the AiDoge platform, with supporters raving about a novel new concept that AiDoge is introducing to the crypto world called “Meme-to-Earn” (M2E). And investors have no time to lose if they still want to secure AiDoge’s $AI token at a discount, which is not to be confused with ArbDoge’s $AIDOGE token. Once the presale hits $14.06 million, it will enter its 20 th and final stage and the $AI price will rise another 1.2% from its current $0.0000332 to $0.0000336, which is the price $AI is set to list at across major centralized and decentralized exchanges late...

The Tornado Cash DAO Hacker has begun to move the stolen Ethereum ( ETH ) and Torn (TORN) tokens. On Wednesday night, 100 ETH er ( ETH ) and 38,000 torn (TORN) tokens were moved by addresses connected to the hacker. According to Etherscan data, the hacker used the Tornado Cash protocol for the movement. An unnamed attacker, or attackers, took control of the DAO responsible for the privacy-focused crypto mixer’s operations on Saturday. The hacker also took control of the DAO’s funds and future plans. The attacker continues to have access to potentially all of Tornado Cash’s treasury cash and currently has over 20 ETH er ($35,684) in their wallet. A fraudulent proposal was put out by the attacker, hiding a computer function that gave them a fake governance vote. Some components of Tornado Cash, including torn tokens held in the primary governance contract, were accessed using fake votes, and also the stolen Ethereum. The hacker could also withdraw locked torn tokens. Howeve...

Join Our Telegram channel to stay up to date on breaking news coverage The leading crypto exchange Binance, through its non-fungible token market platform, has added support for Polygon NFTs on its new NFT ranking feature. NFT traders can now explore and purchase tokens on the Polygon network directly on the Binance NFT homepage ranking board. Explore and Trade Polygon NFTs On Binance Homepage In a May 24 blog post, the Binance NFT market platform confirmed expanding its service offering to allow collectors to purchase NFT collections hosted on the Polygon network on its NFT ranking board. Binance recently bypassed the need to create a separate wallet for Polygon NFTs. Polygon NFTs are now available on the Binance NFT homepage "Top Collections" ranking board. Explore and trade more NFTs than ever before in one place! Head over to our marketplace now and try it: — Binance NFT (@TheBinanceNFT) May 24, 2023 Binance NFT first announced supporting polygon NFTs earl...