Ripple burned 46.67 million RLUSD tokens, sparking speculation about its stablecoin ambitions while regulatory hurdles remain a challenge.

XRP, the sixth-largest cryptocurrency by market capitalization, has seen significant token transfers over the last 24 hours. Blockchain data tracker Whale Alert reported two large XRP transactions within this time frame, totaling about 44 million XRP shifted.

Ethereum isn't just a digital currency—it's a platform for change.

Analytics account @spotonchain has noticed a mammoth ETH transaction made by one of the Ethereum cofounders. However, data suggests that the Ethereum price may go upward.

"On each Ethereum and XRP Ledger there is only around 100k RLUSD left," X user Vet said.

Ethereum has risen to $3,607 today, outperforming Bitcoin over the past week as whales seek to take advantage of its relatively undervalued price. The post Whales Move to Ethereum As ETH Up 15% in 7 Days, Outperforms BTC appeared first on Cryptonews.

Shayan Salehi, a digital member of the World Economic Forum (WEF), has offered a noteworthy endorsement of XRP, calling it a “good coin.” His praise comes as XRP demonstrates resilience amidst the broader market correction, which has seen major assets like Bitcoin (BTC) struggle.

The PancakeSwap MEV guard will protect users from unfair prices and enhance trading security on the BNB chain.

Dogecoin price has performed well this month, reaching $0.4795, its highest level since May 2021, as the broader crypto rally gained momentum. Dogecoin (DOGE) traded at $0.40 on Nov. 28, marking a 365% increase from its September low.

The profitability of Ethereum (ETH) has surged to levels not seen since June, with 90.8% of ETH holders now in profit, according to data from IntoTheBlock. This milestone highlights a favorable position for the majority of investors, leaving only 9.2% of holders at a loss.

Solana appears to be forming a bearish head-and-shoulders pattern on a four-hour time frame.

Ethereum (ETH) continued to trade strongly on Thursday, sustaining its bullish momentum after it broke past minor resistance at $3,480 earlier this week. The cryptocurrency has seen a 36% gain over the past month, pushing its market capitalization to approximately $435 billion.

Ripple continues to break new ground in tokenized finance, unveiling the first-ever tokenized money market fund on the XRP Ledger (XRPL).

BTC briefly pumped above $97,000, while ETH reached almost $3,700.

After a strong performance last week, Dogecoin (DOGE) faced a slight pullback due to broader market volatility, mainly driven by Bitcoin's fluctuating price.

Ethereum price staged a strong breakout on Nov. 27 as Bitcoin and most altcoins bounced back after days in the red. Ethereum (ETH), the second-biggest cryptocurrency, jumped to $3,690, its highest level since June 10.

Story Highlights The BNB price successfully retests its crucial support and jumps 8% in valuation. Technical indicators record increased bullish sentiment, hinting at a higher price target. The Binance price is 8.62% away from its ATH of $720.61. The Binance token has experienced a significant uptrend in the daily price chart.

Bitcoin hits resistance, spiking volatility. Ethereum rides the wave, but it's a short-term blip, not a lasting rebound.

Leading altcoin Ethereum (ETH) has experienced a notable price surge over the past 24 hours, breaking the $3,600 mark. As of this writing, ETH exchanges hands at $3,613, a level it last traded at in June.

TL;DR Uniswap reaches a record $38 billion in monthly trading volume across Ethereum Layer 2 networks, surpassing the previous high by $4 billion. The surge in trading volume is led by Arbitrum and Coinbase's L2 Base, with significant contributions from Polygon and Optimism. UNI token soared 43.

The crypto market is experiencing a significant correction at the end of November 2024, with Bitcoin fluctuating around $93,400. This 6% drop since Monday comes as technical indicators signal a concerning bearish divergence.

Ripple Labs has secured a major victory in the XRP lawsuit as a U.S. court approved a motion to expedite issuing a final judgment in the case. This move is seen as a critical step toward resolving the case that has lingered for years, impacting Ripple and its native token, XRP.

Former Commodity Futures Trading Commission (CFTC) Chair Chris Giancarlo has predicted that the United States Securities and Exchange Commission (CFTC) will drop the case against Ripple.

Ripple Labs has burnt a significant quantity of RLUSD stablecoin amid advanced testing phase

TL;DR Ethereum (ETH) has surged past $3,600, marking a 15% increase over the past week and reigniting investor interest. Record-breaking $22 billion in Ether futures open interest highlights growing market activity and institutional participation. Despite the bullish momentum, analysts caution against potential risks, including market volatility and possible price drops below $3,000.

Polymarket traders are split on Dogecoin's (CRYPTO: DOGE) trajectory as Inauguration Day approaches, with a 41% chance for DOGE to hit the 69 cents milestone by Jan. 20 next year. This represents a slight dip in confidence from the 53% chance on Nov.23.

Dogecoin is at a critical $0.40 resistance. A breakout could lead to $0.43 or if it fails, then a dip to $0.36 seems likely.

One of the two Dogecoin founders, Billy Markus who created the iconic meme cryptocurrency Dogecoin in collaboration with Jackson Palmer, has commented on the recent Bitcoin price surge.

Bitcoin remaining range-bound below $100,000 could be a net positive for Ether's price and invite more investment into the world's second-largest cryptocurrency.

Dogecoin price has witnessed a remarkable surge in November, securing its place among the top-performing cryptocurrencies. The meme-inspired digital asset has consistently climbed in value, defying broader market trends and showing resilience against corrections.

In a move to address the concerns of the XRP community, RippleX has provided a crucial update on the state of the XRP Ledger following a recent bug incident. On Nov. 25, 2024, at 1:39 p.m.

Ethereum posted a 10.66% gain in 24 hours, reaching $3,647 with $47.87 billion in trading volume, while triggering $56.5 million in liquidations primarily affecting short positions.

This week remains one of the most volatile for digital currencies, with Ethereum (ETH) prominently featured. Over the past 24 hours, the digital currency soared as high as $3,687, marking a five-month high.

Ethereum (ETH) has rallied past the $3,600 resistance for the first time in about five months, but technical indicators suggest a cautious approach for the second-ranked digital asset by market cap.

XRP Lawsuit: In a major development in the In re Ripple Labs Inc Litigation, the court has granted an order to speed up judgment in the case. The order came in response to a motion to amend an earlier decision by a judge on judgment and stay in the long-running case.

XRP achieves 33% weekly growth, trading at $1.47 with increased institutional interest through Bitwise's rebranded ETP, as technical patterns suggest potential movement toward $2.

Ripple has invested in Bitwise's rebranded XRP exchange-traded product, reinforcing its commitment to expanding XRP's presence in the European institutional market.

A top crypto trader is extremely bullish on one Ethereum (ETH) rival. The pseudonymous analyst known as Bluntz tells his 300,000 followers on the social media platform X that “there's a god candle loading” for the layer-1 blockchain project Near Protocol (NEAR).

Valour, a subsidiary of DeFi Technologies, launched the Valour Dogecoin (DOGE) ETP on Sweden's Spotlight Stock Market. The ETP allows retail and institutional investors to gain exposure to the world's largest memecoin, Dogecoin (DOGE).

Users will be able to stake their dogecoin to receive their earnings.

The market conditions have become less favourable for the bulls as the XRP price is unable to reach $1.5, which happens to be one of the crucial resistances. Meanwhile, the XRP holders continue to remain in profit as they booked nearly $2 billion in gains as the price surged to a three-year high.

Ripple has just made a bold move in the crypto world, burning nearly all of its Ripple USD (RLUSD) tokens. In a single day, 46.67 million RLUSD tokens were permanently removed from circulation. This significant action has raised questions about the future of RLUSD and its potential impact on its blockchain.

Layer 2s could be “cannibalistic” for Ether's price potential, despite their scalability benefits, according to industry watchers.

Tornado Cash, a cryptocurrency mixing service that was sanctioned by the U.S. Treasury Department in August 2022, has recently seen a reversal in its legal fate.

Jim Cramer, the “Mad Money” host, is a welcome voice in crypto and blockchain discussions, but for a slightly different reason. For a long time, the hosts' comments and insights on Bitcoin and the crypto industry have often been a source of buying or selling decisions for some.

Bitcoin (BTC) recovered from a low of $91,400 late on Wednesday to climb back above $95,000. However, the cryptocurrency faces considerable downward pressure after failing to climb above $100,000.

As it continues its steady ascent toward the $2 mark, XRP is showing its desire to reach the long-awaited target. Notwithstanding the general market neutrality, the token is displaying fresh bullish momentum after a successful breakout from its bearish flag model.

Solana (SOL) price has shown remarkable growth in the cryptocurrency market, emerging as a top-performing Layer 1 blockchain. Since early 2024, SOL has gained significant momentum, consistently breaking key resistance levels amid a broader crypto rally.