A new report has revealed a startling trend in the cryptocurrency market: 76% of influencers on X (formerly Twitter( promoting meme coins are endorsing tokens that eventually lose nearly all their value. What Happened: The study, by CoinWire, analyzed 1,567 meme coins promoted by 377 influencers, uncovering that two out of three tokens they promoted are now classified as "dead.
Robinhood has thrown its crypto caution out the window following Donald Trump's victory earlier this month, adding yet another meme coin.
Renowned trader and market analyst Peter Brandt, long known for his critical stance on XRP, has stunned the crypto community with a surprisingly bullish forecast for the Ripple-affiliated token.
Ripple and Archax just made a big move that could change how institutional finance works. Together, they've launched the first ever tokenized money market fund on the XRP Ledger (XRPL). It's based on abrdn's $3.8 billion US Dollar Liquidity Fund, and it's a huge deal for anyone watching the rise of tokenized assets.
After a multi-week winning streak in the wake of Donald Trump's re-election and the announcement Chair Gary Gensler will be stepping down from the Securities and Exchange Commission (SEC), the cryptocurrency market entered a zone of uncertainty and high volatility over the weekend.
Raoul Pal, the founder and CEO of Real Vision, has made a prediction about dog-themed cryptocurrency Dogecoin (DOGE).
As became known thanks to the latest weekly research by CoinShares, investment products linked to the popular cryptocurrency saw a staggering result with inflows of $15.2 million. In fact, this is 353% higher than the week before and brings the year-to-date total for XRP-focused ETFs to $46 million.
XRP's open interest, which refers to the total number of open futures or options contracts, has hit a new record high of $2.6 billion, according to CoinGlass data.
The XRP price has staged a strong recovery this month, making it one of the best-performing top ten cryptocurrencies. Ripple (XRP) peaked at $1.
Ripple has launched the first tokenized money market fund on the XRP Ledger (XRPL) through a partnership with UK-based firms Archax and Abrdn, according to a Nov. 25 statement. This initiative involves Abrdn managing the fund as part of its £3.8 billion US Dollar Liquidity Fund (Lux).
Over the course of the last 24 hours, Dogecoin (DOGE) has seen a big jump in on-chain activity, which suggests bullish investor behavior. As the Large Holders Netflow metric from IntoTheBlock shows that there has been a huge 275.54% increase in the amount of DOGE going into the wallets of large holders.
XRP Ledger (XRPL) has launched the first tokenized money market fund. According to an announcement on the Ripple X handle, XRPL achieved it in collaboration with two other entities.
The weekend's correction might have finished, according to CoinStats.
Despite recent highs, XRP might be on shaky ground. Technical analysis reveals declining trading volumes and an overbought RSIclassic precursors to a market downturn.
The tokenization of real-world assets has significantly grown on the XRPL network as Ripple onboards more institutional investors through regulated channels.
Finance veteran Raoul Pal has suggested that Dogecoin's (DOGE) growth since its launch over a decade ago has elevated it to a ‘harder' form of money than Bitcoin (BTC).
XRP has had a fantastic run lately, hitting remarkable highs and boosting market confidence. Technical analysis and current on-chain metrics, however, indicate that the rally may be coming to an end.
Most of the coins have come back to the green zone after a slight correction, according to CoinMarketCap.
Ripple's payments-friendly $XRP coin has surged 31% on last week and 11.8% overnight to outperform the market leaders Bitcoin ($BTC) and Ethereum ($ETH). Bitcoin is up 8% from last week to trade at $97,542, while Ethereum rose 13% to $3,467.
The next few days will reveal XRP's direction. But the bulls' resolve to protect XRP from further drops gives them a strong psychological advantage.
Ripple's XRP has had a turbulent few days, with the cryptocurrency facing strong resistance levels while still managing to hold steady above crucial support zones. As of November 25, XRP is trading near the $1.40 mark, down more than five percent, in line with the broader downturn seen across the cryptocurrency market.
Ripple whales bought more than 50 million XRP over the weekend, reports crypto analyst Ali Martinez. Citing data from Santiment, Martinez shows in a chart attached to a post how the total balance of holders holding no less than 1 million to 10 million XRP has increased to 4.29 billion tokens, with an apparent increase in the last two days.
Three reasons are mentioned behind the OI surge.
Bitcoin (BTC) stalled after coming within touching distance of $100,000 as the cryptocurrency reached a peak of $99,655 before declining to its current level. BTC is marginally down over the past 24 hours but registered a substantial decline over the weekend and dipped to a low of $95,816 late on Sunday before recovering.
Archax has introduced a tokenized version of a money market fund offered by abrdn on the XRP Ledger (XRPL). The development came through a collaboration with Ripple.
AI forecasts highlight rising stars in crypto, with TON, Dogecoin, and presale sensation Minotaurus poised for significant growth and investor interest. #partnercontent
XRP price has struggled to find stability above the 1.50 mark, making it the immediate target price to build on last week's 40 percent gain.
Crypto payments firm Ripple on Monday announced its first tokenized money market fund in partnership with FCA-regulated crypto exchange Archax and UK asset manager abrdn. The tokenized money market fund will be available on the XRP Ledger (XRPL) blockchain.
Recent movements of the Dogecoin price have seen the meme cryptocurrency breaking to the upside of a bull flag pattern. This bull flag pattern took shape during a consolidation that began after the Dogecoin price reached a new yearly high on November 12.
Dogecoin (CRYPTO: DOGE) rallied 17% over the past week, spurred by speculation around Elon Musk's X Payments platform potentially incorporating DOGE. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.4254 $62.5 Billion +2.3% +17% Shiba Inu (CRYPTO: SHIB) $0.00002593 $15.3 Billion +2.7% +5.9% Pepe (CRYPTO: PEPE) $0.0000202 $8.5 Billion +1.5% -3.4% Bitcoin (CRYPTO: BTC) $98,129.53 $1.94 Trillion +0.7% +8.4% Trader Notes: Macro guru Raoul Pal highlighted that Dogecoin has outperformed Bitcoin by surging 550% since its launch, calling it “harder money” in this context and predicting potential continued outperformance.
The broader crypto market is in unchartered territory, and some Dogecoin (DOGE) whales are potentially looking for an escape route. According to an on-chain transaction spotted by crypto tracker Whale Alert, an anonymous whale just transferred 197,606,395 DOGE to Coinbase exchange.
After the news of Gary Gensler stepping down in January, XRP is witnessing explosive activity, with Ripple whales adding over 250 million tokens to their holdings in just a short period. Amid this buying spree, XRP's price has surged, and the futures market is breaking records—topping $2.50 billion in open interest.
The partnership could accelerate the adoption of digital securities, transforming financial market infrastructure and enhancing efficiency. The post Ripple partners with Archax to debut first tokenized money market fund on XRPL appeared first on Crypto Briefing.
The Dogecoin Foundation, a nonprofit organization developing open-source products for the Dogecoin ecosystem, recently declared an ambitious target for 2025.
Musk's "$" post sparked X Payments rumours, raising hopes for Dogecoin's inclusion. Dogecoin rose 2.3%, up 227% in the past month and 87% in the past week.
Amid revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic disputes. Here is a summary of the most notable news from the past week surrounding Bitcoin, Ethereum, Binance, Solana, and Ripple.
Billy Markus, known on social media as Shibetoshi Nakamoto, who created Dogecoin in collaboration with Jackson Palmer in December 2013, continues to issue posts supporting Elon Musk and his ventures.
XRP price has already retested the peak of the 2021 bull run and on-chain data shows that whale investors are relentlessly buying more.
XRP has emerged as a standout performer, recording a 90% surge in 90 days compared to Bitcoin's 51% and Ethereum's 20% gains. This meteoric rise highlights the token's growing strength and resilience in a competitive market.
Rising rapidly, Dogecoin (DOGE) has spurred debates about its ability to recover its all-time high (ATH) of $0.74 and maybe even exceed it. At $0.3862, the live Dogecoin price shows a remarkable 24-hour trading volume of $8.28 billion as of writing. DOGE has jumped by 178.
Stuart Alderoty, Ripple's Chief Legal Officer, credits the company's legal team for its pivotal role in shaping the cryptocurrency industry's fight against SEC overreach.
The broader digital currency ecosystem trends have called for caution among crypto investors as total market liquidation has surpassed the $490 million threshold. According to data from CoinGlass, the total liquidation has impacted over 185 traders as top altcoins Dogecoin (DOGE) and XRP come into focus.
XRP News: Ripple whales have purchased millions of XRP in the last few weeks triggering a massive 200% rally this month. XRP price saw a 10% correction last weekend, but on-chain data revealed that whales have bought more than 250 million during the dip.
The crypto market has turned green after the Sunday correction.
Dogecoin displays bullish technical patterns as analysts project a potential surge to $0.82, while maintaining current support at $0.42 amid strong market indicators and increased institutional interest.
XRP Price has climbed above the $1 threshold, marking a notable achievement in November's crypto market resurgence. This surge comes as Ripple benefits from a broader rally, positioning the token as a significant force within the recovering cryptocurrency landscape.
"Ripple provided the blueprint to defeat Gary Gensler's inexplicable war on crypto," Alderoty stated.
DOGE, XRP and XLM are the most traded cryptocurrencies on Upbit since Donald Trump's election victory. The latest activity points to a pivot toward metaverse tokens.