Solana price extended its decline on Thursday, trading at $235 at the time of writing after dropping 2.5% of its value on the daily chart. The crypto coin has lost 11% from its all-time high of $264 set five days ago, underlining the pressure from profit-taking.

Shiba Inu lead developer Shytoshi Kusama has set a bold vision to take SHIB into the top five cryptocurrencies by 2025. In a major milestone, the community burned 61.4 million SHIB in 24 hours, sending the burn rate surging by over 5,500%.

Ex-Commodity Futures Trading Commission chair Chris Giancarlo has predicted that the U.S. Securities and Exchange Commission is likely to end its simmering lawsuit with blockchain payments startup Ripple, with its chair Gary Gensler set to resign in January.

SHIB burn rate jumps 5545% overnight! Will rising burns and new Binance tools drive prices up?

Altcoins are regaining dominance in bull runs after meme tokens took the lead.

Over the last 24 hours, XRP has witnessed significant token transfers. WhaleAlert noted the two large XRP transactions totaling about 44 million XRP. Notably, both transactions involved moving substantial amounts of XRP from prominent exchanges to unknown wallets. The most recent transaction involved the transfer of 18.7 million XRP, valued at approximately $27.

Amid ongoing price consolidation, whales appear to be making big bets on Shiba Inu (SHIB), the second-largest cryptocurrency by market cap. Over the past two weeks, SHIB has been consolidating within a tight range between $0.00002287 and $0.00002644. Whales and Institutions Strong Action During this range, whales and institutions have accumulated a substantial 5.

XRP whales have been actively moving large quantities of the cryptocurrency, with recent transactions indicating strong movements within the market. On November 28, over 18.7 million XRP, worth approximately $27.2 million, was transferred from Binance to an unknown wallet.

Amidst the recent bull run, whilst other cryptocurrencies have displayed impressive surge in recent weeks, the price of Shiba Inu has been discouraging. SHIB recorded only 35% gains in the last four weeks. However, Dogecoin has surged by 143% during the same period, and PEPE saw an impressive 105% monthly gains.

The Shiba Inu price is currently witnessing a significant correction alongside Bitcoin. However, crypto analysts have suggested that Shiba Inu can experience a parabolic rally if the flagship crypto were to enjoy a bullish reversal above $100,000.

The meme-inspired cryptocurrency Shiba Inu has seen its daily burn rate soar last month by over 24,000% to 270.7 million tokens as the price of the cryptocurrency soared around 35.1% over the last 30 days. According to data from Shiba Inu burn rate tracker Shibburn a total of 270.

XRP is trading at $1.47, its highest since 2021, and could shatter its 2018 all-time high of $3.317. A rare golden cross, combined with the breach of a 5-year resistance, signals a historic price breakout for the cryptocurrency.

TL;DR Sandeep Nailwal questions the lack of support from Vitalik Buterin for Polygon PoS, despite its contribution to Ethereum's growth. Polygon PoS has managed to reduce transaction fees to $0.015 and facilitated the migration of dApps, but it has not received the expected recognition.

Shibarium is making waves in the DeFi industry. Data from DeFiLlama shows that Shibarium's DeFi TVL has soared to $3.76 million, marking its highest level in 30 days.

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XRP and SOL are riding on the growing crypto fame. Monsta Mash is gaining traction with a 3% bump in total $MAH tokens sold in less than 5 hours.

The price of popular cryptocurrency XRP is about to hit an all-time high. Currently trading at $1.47 per XRP, the price of the popular cryptocurrency is at its highest level since May 2021, when the last widely recognized bull market in cryptocurrencies took place.

Shiba Inu (SHIB) coin holders, instrumental in the meme coin's recent recovery, are driving the potential for another rally. Over the past three days, a significant number of SHIB tokens have been moved off exchanges, signaling strong activity.

Ripple edges closer to legal clarity as the SEC lawsuit nears resolution. Court rulings boost XRP's price and market confidence.

The XRP price is ripping higher on the back of mounting positive news flow this week and could hit $40 in three months. Here's why The post Why the XRP Price Could Hit $40 in 3 Months as Ripple News Excites Market appeared first on Cryptonews.

Ripple's investment in Bitwise's rebranded GXRP ETP paves the way for XRP ETF ambitions, reshaping institutional crypto adoption.

Dogecoin, Shiba Inu, and Bonk have formed bullish price patterns and are correcting from their respective resistance levels, creating potential buying opportunities.

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.

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

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 Shiba Inu lead Shytoshi Kusama in a latest tweet has shared an AI-generated image depicting ‘how it feels trying to give utility to a meme coin and take it from top 15 to top 5, in less than 5 years, and without a huge budget'. He clarified that he was talking about SHIB.

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

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

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.

Shiba Inu price plunged 17% to hit $0.000024 on Thursday, Nov 28. Traders spotted buying the dip as SHIB sets up for a major breakout in December.

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

In a recent tweet, the enigmatic Shiba Inu lead Shytoshi Kusama addressed issues of working with a meme coin to give it utility and then take it to the top five list of cryptocurrencies. He then specified that he was talking about SHIB.

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.

Today, Nov. 28, is Thanksgiving Day in the U.S., which means the country's financial markets are closed. For the cryptocurrency market, this means that there is no activity on the part of traditional market participants in the area of Bitcoin ETFs and Ethereum ETFs in particular.

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.

In the last 24 hours, the meme coin market has witnessed a growth of 4.1%. In line with the trend, the second-largest meme coin by market cap, Shiba Inu, has recorded a surge of 3.2%. Notably, during this period, the burn rate of Shiba Inu has experienced a remarkable rise of 5545.73%.

Shiba Inu's token burn rate increased by 4500% as 53.61 million tokens were destroyed, while Binance expanded trading options and the price rose 5% to $0.00002557.

Whale sell-offs spike 712% while burn rate surges 4500%. Explore key levels and what these developments mean for SHIB's price outlook.

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.

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.