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news-imageJuly 8, 2024

Price analysis 7/8: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

Bitcoin is facing intense selling pressure, but the positive divergence on the RSI suggests a recovery is possible in the near term.
Publisher: Cointelegraph
Sentiment: Neutral
ADA
BNB

More News Articles

Positive
cover-imageThe Currency Analytics
January 21, 2025

$124 Million in XRP Shocks Binance as Token Soars by 12%

A monumental cryptocurrency transaction has caught the attention of the crypto community today, as Whale Alert, a leading blockchain tracker, revealed an astonishing deposit of 40,000,000 XRP to Binance. Valued at $124,788,255, the transaction has generated discussions across the market, as XRP experiences a notable price surge.

Neutral
cover-imageCoinPedia
January 21, 2025

XRP Price Prediction For January 21

Ripple's XRP is currently down by more than two percent and is trading at $3.05 levels. The price is attempting to break above its all-time high territory and while there was an attempt to do so a few days ago, it was not a sustained breakout.

Positive
cover-imageCoingape
January 21, 2025

Crypto Market Today Jan 21: BTC Above $102K, Meme Coins Take Heat

Crypto Market Today: In a riveting turn of events, following Donald Trump's presidential inauguration on Monday, the crypto realm appears to have witnessed mixed price actions recently. While Bitcoin (BTC) price maintained a hold above the $102K level, top meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Official Trump (TRUMP) have traded in

Positive
cover-imageThe Currency Analytics
January 21, 2025

XRP Price Surge Could Make Top Holders Wealthy

XRP has experienced substantial growth, particularly following the November 2024 U.S. presidential elections, where Donald Trump's victory fueled a surge in the cryptocurrency's value. Starting at around $0.50, XRP saw an explosive rise, reaching a peak of $3.39, marking a stunning 520% gain in just one month.

Positive
cover-imageBenzinga
January 21, 2025

Trump-Backed World Liberty Financial Bags $47 Million Each Of Ethereum, Wrapped Bitcoin To Commemorate Inauguration: 'Excited For The Future'

As Donald Trump took oath as the 47th President of the U.S. on Monday, World Liberty Financial, a cryptocurrency project backed by him, announced a series of strategic purchases, including Ethereum (CRYPTO: ETH) and Wrapped Bitcoin (CRYPTO: WBTC). What Happened: In an X post, the decentralized finance platform disclosed buying several cryptocurrencies, including $47 million each in Ethereum and Wrapped Bitcoin, a converted version of Bitcoin that can be used on Ethereum's blockchain.

Positive
cover-imageNewsBTC
January 21, 2025

1 Million Bitcoin Pulled From Exchanges In The Past 3 Years: What It Means For The BTC Market

Undoubtedly, Bitcoin has seen significant growth over the past years both in market price and as a network, solidifying its reputation as a considerable financial haven. Adding more credibility to this fact, a CryptoQuant analyst known as Gaah recently highlighted a notable trend: a large volume of Bitcoin—roughly 1 million BTC—has been withdrawn from crypto exchanges over the past three years.

Positive
cover-imageThe Currency Analytics
January 21, 2025

Dogecoin Bullish Retest Suggests 49% Surge Potential

Dogecoin (DOGE) has recently shown promising technical signs that could pave the way for a significant price increase, with a prominent analyst predicting a potential 49% surge in the cryptocurrency's value. Currently trading at $0.3625, DOGE has experienced a slight decline of 6% in the last 24 hours but has posted a more optimistic 14% increase over the past week.

Negative
cover-imageNewsBTC
January 21, 2025

XRP Whale Binance Deposits Skyrocket: Key Holders Preparing For Profit-Taking?

On-chain data shows the XRP whales have been making a large amount of inflow transactions to Binance recently, a sign that may not be ideal for the asset's price. XRP Whales Have Made A High Number Of Transactions To Binance Recently As explained by an analyst in a CryptoQuant Qucktake post, the XRP Whale to Exchange Transactions metric has spiked for the cryptocurrency exchange Binance recently.

Positive
cover-imageBitcoinist
January 21, 2025

Historical Performance Says Dogecoin Price Could Surge To $2.2, Here's How

Unlike other meme coins in the market, the Dogecoin price has demonstrated resilience, making a strong recovery after weeks of price declines and consolidation. Highlighting this strength and history of bullish performances, a crypto analyst has predicted that Doge could resume its upward momentum and potentially drive its price to new all-time highs of $2.2.

Negative
cover-imageThe Currency Analytics
January 21, 2025

Ripple vs. SEC: Lawsuit May Continue for 10 More Months

Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have been locked in a contentious legal battle since December 2020, with the SEC accusing Ripple of conducting an unregistered securities offering through its digital asset, XRP. The case has dragged on for almost four years, and as 2025 approaches, legal experts are predicting that the lawsuit may extend for several more months, possibly up to 10 months.

Positive
cover-imageBitcoin
January 21, 2025

Rumble Makes First Bitcoin Purchase As Part of $20 Million Strategy

The adoption of a corporate treasury diversification strategy of allocating cash reserves for the purchase of bitcoin has seen Rumble make its first acquisition. Rumble Makes Its First Bitcoin Purchase Tether-backed video-sharing website Rumble has bought its first bitcoin. This was revealed in an X post by its founder and CEO, Chris Pavlovski.

Neutral
cover-imageThe Currency Analytics
January 21, 2025

XRP Hits Record Weekly High But Faces Market Correction

XRP, the cryptocurrency associated with Ripple, recently achieved a milestone by recording its highest weekly candle ever at $2.95 on the Binance exchange. However, despite this significant achievement, the token has since faced a correction, dipping below the psychologically crucial $3 mark and raising concerns among investors.

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