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 Investors who filed the class action lawsuit have withdrawn their appeal, Reuters reported on Nov.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%.
TL;DR 89% of new tokens launched in 2024 will come from the Solana ecosystem, with a strong push from memecoins. Pump.fun has been the main platform for the launch of these tokens, especially in the case of memecoins.
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.
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.
A lawsuit accusing Elon Musk of rigging dogecoin is ending.
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.
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.
A correction may have begun on the market, according to CoinStats.
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.
LESTER was recently launched on the Pump.fun platform, following a humorous declaration by Litecoin.
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.
Binance Coin (BNB) has experienced significant upward momentum throughout November, gaining 22% and riding the broader cryptocurrency rally. However, this week saw a slight pullback as BNB dropped 7%, touching the crucial $606 support level.
Solana price targets $500 as bulls drive a breakout. With memecoins boosting interest, could this be the start of a rapid SOL rally? Discover key insights now. The post SOL Bulls Push for $500 After Strong Breakout – Is a Rapid Rally Starting? appeared first on Cryptonews.
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.
Solana-based meme token Litecoin Mascot (LESTER) has seen its market cap surge to over $140 million within just 48 hours of its debut. The post Solana Meme Token Litecoin Mascot (LESTER) Hits $140M Market Cap in Two Days appeared first on Cryptonews.
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%.
Solana (SOL), a Layer 1 blockchain, has experienced significant price activity throughout November. Following an early surge, the cryptocurrency faced strong resistance around the $218 mark, prompting a brief retracement.
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.
BNB price recoiled to $622 on Friday, November 15 as the recent bull run faded. It has dropped by over 6% from its highest level this week, bringing its market cap to $89 billion.
Solana (SOL) has recently gained significant attention in the crypto market after a strong price rally, which has brought it back to levels not seen since November 2021. With Robinhood's decision to relist SOL, the token has surged, breaking past key resistance levels and setting the stage for potential new all-time highs.
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.