Will These Events Cause the Price of XRP to Break Out at $4.35?
XRP price saw a 400% jump in network activity after the SEC ended its Ripple lawsuit. Analysts eye a $4.35 breakout amid rising whale accumulation and ETF anticipation. XRP continued to trade near $2.45, holding firm after facing rejection at $2.60 earlier in the week. Despite macroeconomic headwinds, on-chain data
Today in Crypto: Market Pressure, Tether’s Audit, and Tornado Cash’s Removal from Sanctions List
The cryptocurrency market continues to navigate global economic challenges, with analysts predicting ongoing pressure due to trade wars. Meanwhile, stablecoin issuer Tether is in discussions with a Big Four accounting firm for its first full financial audit, and the US Treasury Department has officially removed crypto mixer Tornado Cash from
Haun Ventures Targets $1B for Crypto Investment Funds, Expects Oversubscription
Venture Capital Firm Plans Two New Funds Amid Changing Market Conditions Venture capital firm Haun Ventures is reportedly aiming to raise $1 billion for two new cryptocurrency investment funds, with expectations of high investor demand. According to sources cited by Fortune Crypto on 21 March, the firm plans to allocate
Bitcoin Price Faces Resistance at $87.5K Due to Whale Manipulation
Bitcoin’s upward momentum is being constrained by large-scale traders, with analysis suggesting price suppression tactics are in play. Bitcoin Stuck Below $90K Amid Liquidity Manipulation Bitcoin (BTC) has maintained its position above $80,000 for over a week, recently reaching a two-week high of $87,500 on March 20. However, despite broader
Here’s What Happened in Crypto Today
Coinbase Becomes Ethereum’s Largest Node Operator Cryptocurrency exchange Coinbase has emerged as the largest node operator on the Ethereum network, controlling 11.42% of the total staked Ether, according to its latest performance report. The company revealed that it had staked 3.84 million Ether (ETH), valued at approximately $6.8 billion, through
Binance Introduces Nillion: A New Opportunity for Crypto Enthusiasts
The world’s largest cryptocurrency exchange, Binance, has announced its 65th Launchpool project, Nillion (NIL). Nillion is designed to securely process and store data while preserving privacy through a decentralized network. Users can earn NIL rewards by staking BNB, FDUSD, and USDC coins for a three-day period. The farming process will commence on
Will Bitcoin’s Support Level Ignite Market Surge?
Crypto strategist Michaël van de Poppe has underscored the importance of Bitcoin maintaining its weekly support level of $84,500. A breach of this critical threshold could set off a series of rallies, fostering optimism in the market. Currently, Bitcoin is witnessing a 5.7% increase, trading at $87,315. However, van de Poppe warns
Crypto Market Surges as Fed Maintains Interest Rates and Hints at Cuts
The cryptocurrency market experienced a strong rebound on March 20, with total market capitalisation rising by approximately 3.2% in the last 24 hours to reach $2.8 trillion. The rally was led by Bitcoin (BTC) and Ether (ETH), which gained around 3% and 4%, respectively. The surge comes amid a broader
Solana Faces Potential Volatility Amid Stablecoin Fluctuations and FTX Repayments
Solana (SOL) is bracing for increased volatility as investors reposition stablecoin holdings on the network, while upcoming FTX repayments add further uncertainty to its price action. Analysts highlight significant shifts in stablecoin trading and the emergence of a key technical pattern that could determine SOL’s next move. Stablecoin Trading Surges
Crypto.com Faces Backlash Over $5 Billion CRO Minting
Crypto.com has sparked controversy by approving the minting of 70 billion CRO tokens, worth approximately $5 billion. The move has raised concerns about financial stability, with critics questioning the exchange’s transparency and long-term strategy. A U-Turn on the 2021 Token Burn The decision to mint new CRO tokens reverses a
