BIT Mining remains a leading player in Litecoin and Dogecoin mining, reporting significant hash rate contributions and profitability driven by LD3 miners. The company highlights its strategy to adapt to market trends and optimize mining hardware for consistent returns in altcoin mining. The post BIT Mining Continues Focus on Litecoin and Dogecoin Mining appeared first on Cryptonews.
Two leading altcoins, XRP ($XRP) and Cardano ($ADA) are both surging this week despite only moderate advances by market leaders Bitcoin ($BTC) and Ethereum ($ETH). In the last seven days, Ripple's payments focused XRP blew up 78.5% to trade at $2.56.
Dogecoin appears primed for a possible breakout to $1. Cointelegraph explains why.
The XRP price has been on a roll, with a gain of around 90% in the last seven days, providing a bullish outlook for the crypto. This bullish momentum might just be getting started as XRP is nearing the legendary 4.236 Fibonacci level, suggesting that a rally to $9 is possible.
XRP is up and Forbes' earlier report has stirred up the crypto community. The report labeled some top cryptocurrencies, including XRP, as “zombie tokens.
Pepe (CRYPTO: PEPE) saw a surge in trading activity following its listing announcement on Binance US, with analysts predicting further upward movement. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend 30-Day Trend Pepe (CRYPTO: PEPE) $0.00002031 $8.5 billion +4% +4.7% +152.4% Dogecoin (CRYPTO: DOGE) $0.4033 $59.3 billion +0.14% +1.1% +158.4% Shiba Inu (CRYPTO: SHIB) $0.00002928 $17.3 billion +5.7% +16.3% +76.1% Dogwifhat (CRYPTO: WIF) $3.13 $3.1 billion +1.9% +1% +57% Trader Notes: Crypto trader Davie Satoshi noted the bounce from key support levels as a positive sign, indicating bullish momentum may be on the horizon.
While Ripple-linked XRP has clearly led the market rally over the past month, Tron's TRX is also stealing the spotlight. In the past 24 hours, TRX has spiked by over 70% to set a new record high above $0.4313, pushing it closer to the top 10 crypto assets by ranking, CoinGecko data shows.
Ripple's XRP has had a remarkable performance in November and early December 2024, earning investors' attention and deployed capital. However, different indicators suggest that XRPL's native token could soon experience a corrective crash, raising alerts in the trading community.
XRP traders have been taking profits. Among the beneficiaries is the top trending new cat-themed meme coin Catslap ($SLAP), which is expected to announce its first centralized exchange (CEX) listing tomorrow, Thursday December 5. XRP has fallen back from $2.86 to $2.
After a notable upside rally in the past, XRP, the native token of Ripple Labs is poised for price correction as its chart is flashing a sell-off signal. However, this bearish or negative outlook is further getting support from large holders.
DonAlt, a popular pseudonymous cryptocurrency trader with more than 625,000 followers on the X social media platform, has opined that the Ripple-affiliate XRP cryptocurrency is "infinitely better" than meme coins when it comes to actual use cases.
Ripple is in the process of obtaining approval for its stablecoin RLUSD in New York. This implies that the cross-border payment corporation will be permitted to participate in the regulated US crypto market.
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BinanceUS plans to add Pepe-The-Frog-themed meme coin Pepe to its trading platform.
The listing of PEPE on Binance.US highlights the growing influence of meme coins in mainstream crypto markets, potentially attracting new investors. The post PEPE price soars on Binance.US listing news appeared first on Crypto Briefing.
XRP performance over the past week and month is nothing short of spectacular, climbing 78.54% and 403.57%, respectively.
Volatility has continued to rock XRP following its fall from a 24-hour high of $2.72 to a low of $2.361. With the price dropping this low, XRP Futures Open Interest (OI) also nosedived by over 12% within the same period, per data from CoinGlass.
Not all celebrations come without shadows, even in the world of cryptocurrency. While XRP's price has surged nearly 400% since early November - climbing to a remarkable seven-year high of $2.9 - criticism has surfaced alongside the gains.
XRP has fallen by 5% in the past 24 hours, but the coin still retains plenty of momentum after breaking out of a long-term wedge pattern. The post XRP Surges Amid Bullish Wedge Pattern – Analyst Claims It Will Never Drop ‘Below $2 Again' appeared first on Cryptonews.
Ripple price held steady near its highest level this year ahead of the highly anticipated RLUSD stablecoin launch. Ripple's (XRP) coin was trading at $2.55 Wednesday morning, within striking distance of its year-to-date high of $2.900.
The market is mostly bullish; however, there are some exceptions to the rule, according to CoinMarketCap.
Ripple Labs has intensified testing its stablecoin, RLUSD, as it aims to expand its role in the growing stablecoin ecosystem. Recent transactions revealed the minting of nearly 10 million RLUSD tokens on the XRPL.
XRP, the third-largest cryptocurrency by market capitalization, has captured attention with its recent price movements. XRP, which is currently trading around $2.65, is on the verge of a significant milestone - reaching $3.
Prominent blockchain tracker Whale Alert, which monitors large cryptocurrency transfers, has spotted two transactions, which moved a substantial amount of XRP each. One of them was transferred to the largest U.S. crypto exchange, Coinbase.
Ripple's long-awaited RLUSD stablecoin is set to go live on December 4, after receiving approval from the New York Department of Financial Services.
Justin Sun, Tron's (TRX) founder and BitTorrent owner, has hinted at a potential RLUSD release on Tron (TRX). Meanwhile, the community is expecting the asset to go live today, Dec. 4, 2024, following highly anticipated New York regulator approval.
XRP, the third-largest cryptocurrency by market capitalization, has recently outperformed the top ten cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). This significant momentum comes as investor sentiment grows in anticipation of clearer regulatory frameworks in the United States, especially following Donald Trump's election.
South Korea's political turmoil triggered a sharp decline in Bitcoin's Korea Premium Index, causing flash crashes in Bitcoin and XRP prices.
The highly anticipated launch of Ripple's dollar-pegged stablecoin, RLUSD, is expected to take place today, December 4, 2024. However, Ripple is reportedly awaiting approval from the New York Department of Financial Services, according to local media reports.
Tron (CRYPTO: TRX) is riding a wave of altcoin optimism, with traders forecasting additional upside based on historical bull-market patterns. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Tron (CRYPTO: TRX) $0.3751 $32.4 billion +60% +86.9% Ethereum (CRYPTO: ETH) $3,705.58 $446.2 billion +3.5% +6.4% XRP (CRYPTO: XRP) $2.56 $145.9 billion -2.6% +79.3% Trader Notes: Crypto trader Javon Marks highlighted Tron's bullish momentum, suggesting it could surge another 369% based on logarithmic price movement analysis, potentially reaching $1.11—a historic high for the asset.
Ripple CTO David Schwartz celebrates 12 years at the company as XRP surges to a multi-year high, reclaiming the third-largest cryptocurrency spot amid growing market activity.
XRP has stayed strong so far. Keeping the community spirit high, Ripple CEO Brad Garlinghouse has given an ultra-bullish message about XRP after its recent stunning price surge. He reposted an X post from Austin Reid, the global head of revenue at crypto brokerage FalconX, who declared that “XRP trading is on fire.
Ripple's XRP price surge propelled its market capitalization past $150 billion, which would place it among the top 100 companies in the United States if it were a corporate entity. Data from CryptoSlate shows that the digital asset, whose value more than doubled in the past month to as high as $2.82 on Dec.
XRP has experienced an impressive 424% rise in the past four weeks, bringing it closer to its all-time high (ATH) of $3.31. This sharp increase has drawn significant attention, signaling potential for further gains.
Amid the growing bullish market, Dogecoin is sustaining its bullish trend and preparing for a new breakout rally. With buyers keeping the market price floating above the $0.40 mark, the chances of a bullish trend have significantly increased. With the broader market bounce back, the DOGE coin could witness a surge beyond the $0.
A widely followed cryptocurrency analyst and trader believes the top is not yet in for one red-hot large-cap altcoin. The analyst pseudonymously known as Credible Crypto tells his 443,500 followers on the social media platform X that payments-focused crypto asset XRP could surge more than 65% from its current value.
XRP has witnessed one of the most iconic price breakouts in the cryptocurrency market, but to one analyst, this momentum does not add up.
The recent rally, which has taken XRP prices from below $0.50 to over $2.61, has analysts and experts pondering the situation and considering the following scenarios for the currency. Some still believe it has the potential to keep growing, while others think a correction is due.
After a staggering rally exceeding 200% in the first two weeks of November, Dogecoin (DOGE) has entered a consolidation phase. Crypto analyst Kevin (@Kev_Capital_TA) suggests this could be the calm before the storm, hinting at a potential surge similar to a previous market cycle.
The volume of XRP payments has significantly decreased from over 31.2 billion transactions to just 900 million. This sharp drop happened quickly as the charts indicate either a change in market sentiment or a decrease in usage.
Will XRP ETF approval expectations push the altcoin above $5 in 2025?
PEPE meme coin has surged due to major whale accumulations, with one prominent holder amassing 337.09 billion PEPE in just 20 days.
Tron (TRX) has surged by 66% in the past 24 hours, reaching $0.44 before retracing slightly to $0.39. This impressive rally places TRX as one of the top-performing altcoins in the market, drawing comparisons to Ripple (XRP), which recently saw a massive 300% price increase.
Coinbase shows stronger buying pressure for XRP compared to Binance and Upbit, even though trading volumes remain significantly higher in Korea.
Once RLUSD is available, Ripple plans to use both RLUSD and XRP in its cross-border payments solution.
Peanut the Squirrel (PNUT) achieved a $1 billion market cap in just 11 days, significantly faster than Dogecoin (DOGE), which took over four years.
Tron "god candle" appears as TRX price soars 70% in 24 hours to hit a new all-time high of $0.45 and re-enter the top 10 cryptocurrencies.
After preparing its largest monthly dump to date in November, Ripple is back to its usual selling activities in December. On Sunday evening, the company reserved 200 million XRP from this month's 1 billion unlock, ready to offload.