The lawsuit alleging that Elon Musk and his electric vehicle company Tesla manipulated the price of the meme coin Dogecoin is nearing its conclusion. Investors who filed the class action lawsuit have withdrawn their appeal, Reuters reported on Nov.
ADA has soared past $0.65, XRP is close to $0.9.
Crypto investors who appealed the Aug 29 dismissal of the case against Elon Musk for fraud and insider trading are taking the lawsuit back. In addition to the withdrawal of their appeal, the investors are letting go of the sanctions against Musk's lawyers.
Crypto investors who appealed the Aug 29 dismissal of the case against Elon Musk for fraud and insider trading are taking the lawsuit back. In addition to the withdrawal of their appeal, the investors are letting go of the sanctions against Musk's lawyers.
Investors withdrew their appeal and motions in Elon Musk lawsuit over Dogecoin manipulation and fraud.
Ripple's (CRYPTO: XRP) rally is increasingly gaining momentum amid whale accumulation and increased optimism from traders. What Happened: XRP surged 22% on Friday, bringing its seven-day gains to 57%.
Cardano (ADA) has continued to impress the broader digital currency ecosystem after a brief correction spotted over the past 24 hours. Considering its current price outlook, top market analyst Ali Martinez has shared a chart that predicts the price of ADA might reach an all-time high (ATH) of $6 in the coming years.
With Dogecoin reaching new levels of political and cultural relevance, experts are throwing out old assumptions about DOGE's potential peak.
Investors are excited about a real-world asset altcoin (RWA) altcoin with the potential for explosive growth. Like Dogecoin in 2021, this under $1 token could turn a small investment into life-changing gains. PropiChain (PCHAIN), a tokenized real estate platform, is the best RWA altcoin to buy. Analysts describe PropiChain as a hidden gem.
The dropped lawsuit highlights challenges in proving crypto market manipulation, potentially impacting future legal actions against influencers. The post Elon Musk dodges $258 billion Dogecoin lawsuit as investors drop appeal appeared first on Crypto Briefing.
The cryptocurrency industry is bracing for a potential surge in exchange-traded funds (ETFs) after Donald Trump's election win, signaling what experts believe could be a transformative era for digital assets in the U.S. What Happened: Market participants are hopeful that a pro-crypto Trump administration will end regulatory gridlock and usher in broader approval for innovative crypto-based financial products, according to a Financial Times report. The Securities and Exchange Commission's (SEC) recent approval of spot Bitcoin and Ethereum ETFs marked a significant milestone after years of regulatory pushback.
Jason Pizzino, a Macro trader and investor in crypto in his latest YouTube video has commented that Cardano (ADA) is unlikely to make all-time highs in this cycle. He told his subscribers that ADA is not showing enough market strength so far this cycle, which makes it impossible for an explosive breakout at this point.
A closely followed crypto analyst believes that one red-hot Solana (SOL)-based memecoin still has more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 228,800 followers on the social media platform X that Goatseus Maximus (GOAT) may soon break out of the upper bound of a trading range.
Cardano gained 35% on November 10, and the altcoin held steady close to the $0.65 level. The Ethereum competitor token, ADA, is rallying alongside Bitcoin, Ethereum, Dogecoin, and other leading cryptocurrencies, post BTC all-time high on Wednesday.
A lawsuit accusing Elon Musk of rigging dogecoin is ending.
The price of the popular cryptocurrency Cardano (ADA) adds more than 19% in today's trading on the crypto market. Today's greening can be called a continuation of the festival of green candles on the price chart of the altcoin which, since the beginning of November, has already added 102% to the price.
Dogecoin (DOGE) has recently experienced a staggering rally. Over the span of eight days, DOGE surged nearly 200%, reaching a local peak at $0.4385 on Tuesday.
What is the Ripple Effect? And what is the Ripple Effect on XRP?
After an extended period of consolidation below the $0.60 mark, XRP is signaling a potential breakout, with the token now eyeing the elusive $1 milestone.
XRP, one of the most talked-about cryptocurrencies, has faced a period of lackluster price action, frustrating many investors. Despite trading significantly below its all-time high (ATH), some experts believe that XRP could be on the verge of a dramatic rally that will see it surpass its previous record within weeks.
Dogecoin price has significantly benefited from the ongoing crypto cash rotation to the altcoin market as Bitcoin dominance signals an imminent reversal.
In the last 24 hours, XRP trading volume has increased by 81%, as the cryptocurrency market faced a sell-off that resulted in nearly $504 million in futures liquidations.
Ripple was also among the top performers, gaining 11.7% from Thursday.
Dogecoin has dipped by 8% today, but ChatGPT has set it a near term target of $0.50, while it could rise as high as $5 in the next few years. The post AI Predicts $1 Timeline for DOGE – How Long Until $10? appeared first on Cryptonews.
Dogecoin's (CRYPTO: DOGE) 9% price pullback presents a potential buying opportunity, according to optimistic cryptocurrency traders on social media. What Happened: After an 88% rally over the past week, Dogecoin has dropped 9% in Friday trading.
The Dogecoin price has dropped by 7.5% today, yet its high trading volume would suggest that a big rebound is coming this weekend. The post Dogecoin Volume Hits $20 Billion As Whales Accumulate – Is a Big Price Move Coming? appeared first on Cryptonews.
Story Highlights Ripple price reclaims the $0.80 mark for the first time since 14th July 2023. Gary Gensler's resignation sparks price to soar over 30% within hours. Bullish action could push the XRP price toward $1 soon. The XRP price has outperformed the top cryptocurrencies with a meteoric rise in its valuation.
XRP has been experiencing a significant increase in on-chain activity, which has resulted in a recent surge in its popularity. Analysts and investors have expressed interest in the XRP Ledger, Ripple's digital payment platform, due to its increased transaction throughput.
With an astounding 60 billion large transactions over the past 24 hours, Dogecoin has been making waves and setting a record for network activity. A significant move by large holders, sometimes known as whales, is reflected in this abrupt spike in volume, indicating heightened interest and activity among significant investors.
Ripple CEO Brad Garlinghouse has taken to X to comment on Bitwise's recent ETF filing that includes exposure to the XRP token. "XRP, BTC, ETH, SOL — that's the alphabet soup I like to see," Garlinghouse said in his social media post.
XRP the 7th largest cryptocurrency has experienced a whooping surge of around 15% over the last 24 hours, beating the broader crypto market trend. While Bitcoin and Ethereum saw losses of 1.4% and 3.8%, respectively, XRP briefly crossed the $0.80 mark.
Dogecoin's (DOGE) price slipped by more than 8% in 24 hours, which many analysts labeled a healthy correction. Now, changing hands for $0.3722, DOGE whales saw a rare opportunity to buy more of the meme coin, and that is what they did.
Marketing influence and entertainment narratives have emerged as the most powerful drivers of asset success in the cryptocurrency market, beating out traditional financial metrics like intrinsic value or cash flow. This shift, noted in a recent 10x Research report, shows why protocols with outspoken founders and strong marketing personas have thrived.
Following an impressive rally in the past five weeks, Dogecoin ($DOGE) price faces a short-term correction after retesting a major resistance level of around 43 cents. The leading meme coin, with a fully diluted valuation of about $54 billion and a daily average traded volume of around $15.
The 230-day post-halving period typically signals a drop in Bitcoin dominance, fueling altcoin momentum.
Ripple chief executive officer Brad Garlinghouse has published a tweet in which he made a prediction about the future role of the US for the cryptocurrency industry.
Their holdings have surged to their highest levels since June 2018.
The price of Cardano has risen by 2.5% in the past 24 hours, reaching $0.5954 and outperforming the crypto market amid speculation that Cardano may partner with SpaceX. The post Cardano Joins Top 10 Cryptos – Will ADA Challenge Solana Next? appeared first on Cryptonews.
TL;DR XRP surged 15%, reaching $0.84, amid speculation of SEC Chair Gary Gensler's potential resignation and ongoing SEC lawsuits. The price increase is driven by market sentiment and significant whale accumulation, with wallets holding at least 1 million XRP reaching their highest balance in 65 months. Gensler's hinted departure and lawsuits from 18 U.S.
Recently, the cryptocurrency market has been facing challenges, as Bitcoin price decreased by 5% to around $87,000 from its earlier peak of $93,000. This decline has been experienced universally, with altcoins in particular experiencing even more significant drops of up to 20%.
Dogecoin whales are on a buying spree, despite the DOGE noting a retreat today, sparking speculations in the market. A top crypto market expert highlights that the DOGE whales have accumulated over $55 million of the top meme coins in the last 24 hours, indicating the growing confidence of the investors.
XRP's price action has been the subject of much attention lately, as the cryptocurrency shows signs of a potential trend reversal. The key indicator that has drawn focus is the formation of a “spinning top” candlestick, a pattern often linked with indecision in the market.
This week, we examine Ripple, Cardano, Dogecoin, Shiba Inu, and Sui in greater detail. Ripple (XRP) XRP is quickly approaching $1 and has impressed with a 47% price increase in the past seven days.
The majority of the coins are in the red zone today, according to CoinMarketCap.
The entire cryptocurrency market has experienced impressive growth in the last week. Almost all the top cryptos, including Cardano, have seen growth since the day of the US presidential election. The Cardano market has recorded a surge of 44.8% in the last seven days. Evidently, the recent market performance of Cardano has thrilled its investors.
XRP has showcased a major boom in the past 24 hours as its price outranked the majority of its peers across the board. At the time of writing, the coin's price has retained a 12.13% uptick to $0.7971.
Check out XRP's next potential targets after hitting a 16-month high.
Themed cryptocurrencies have recorded explosive gains over the last few sessions as Bitcoin opened the patch to the sought-after $100,000. Meanwhile, Santiment data shows meme tokens have gained popularity, fueling the prevailing bull rally. The increased interest in the tokens positions top memes for remarkable gains in the upcoming months.