Ripple’s XRP saw a significant uptick of over 17% on November 15, driven by speculation surrounding a more favorable regulatory landscape in the U.S. Market analysts suggest that investor optimism
African university students are concerned about the impact of AI on job prospects, while experts argue for a balanced approach that embraces technology while mitigating its potential negative effects. Job Preservation vs. Development: The AI Dilemma Some African University students have voiced concern over the growing adoption of artificial intelligence (AI) and its potential impact
Ripple's native currency, XRP, surged by more than 17% on November 15, based on expectations of a friendlier regulatory climate in the US.
Cryptocurrency analyst Miles Deutscher claims that Solana will be overtaken by an altcoin. Here are all the details. Continue Reading: This Altcoin Will Take Solana’s Throne as the Third Largest Cryptocurrency, Analyst Claims
Republican Shiba could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Republican Shiba (SHIBREP), a new Solana memecoin that was launched today, is set to explode over 18,000% in price in the coming days. This is because SHIBREP is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Republican Shiba can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to
Elon Musk has warned the U.S. could be "bankrupt" unless bitcoin price bull Howard Lutnick become's Treasury secretary...
New numbers show the US government is piling a staggering amount of debt onto its balance sheet every single day. The nonpartisan, nonprofit Committee for a Responsible Federal Budget (CRFB) says the federal government is now borrowing $8 billion per day just to keep things running. Citing data from the Congressional Budget Office (CBO), the The post US Borrowing $8,000,000,000 Per Day As Ratings Agency Moody Issues Warning on Nation’s Deteriorating Fiscal Strength appeared first on The Daily Hodl .
Traders have been betting against PEPE, but if whales allow it, this could soon backfire.
According to data from CoinMarketCap, XRP rose by 15.57% in the past day to cap off what has been an impressive price performance over the last week. Amidst Bitcoin’s journey to the $90,000 price zone, the seventh-largest cryptocurrency emerged as one of the biggest weekly gainers with a 60.76% price increase. Following this price surge, a crypto analyst with X username BarriC has provided some interesting predictions on XRP’s future. Related Reading: XRP Ledger Booms: $44 Million In Transactions As Activity Soars XRP To Reach $10 In Bull Market, But There’s More In an X post on November 15, BarriC released several price targets for XRP tied to certain conditions. Firstly, the analyst forecasted XRP to attain a market price between $6-$10 in the crypto bull run, representing a minimum potential 500% gain on the token’s present price. These high expectations by BarriC are rather not uncommon due to several factors especially Donald Trump’s recent electoral victory which is expected to usher in a crypto-friendly US government. For XRP, the Republican President sticking to his electoral crypto manifesto holds massive importance as it may bring a decisive end to the legal battle between Ripple and the SEC, and permanently halt the regulatory uncertainty over the token. In addition, Trump’s presidency also boosts the possibility of the XRP spot ETF with the SEC expected to present fewer regulatory hurdles for crypto-linked securities. Following approval, BarriC postulates a spot ETF can drive the altcoin to a market price of $15-$20 if approval comes amidst the bull market run. Furthermore, the analyst discusses a utility run during which the altcoin will undergo massive adoption in its use for cross-border transactions and as an institutional bridge cryptocurrency for banks. If the utility run occurs as predicted with global adoption levels of XRP, BarriC forecasts the altcoin to attain a minimal price of $100. Related Reading: Bitcoin Retail Is Finally Back: These Metrics Point To An Explosion In Interest Market Whales Boost Holdings By 320 Million XRP In other news, whales in the XRP market have acquired over 320 million XRP, valued at $285 million, in the last 72 hours amidst the token’s recent price surge. The coin rose from around $0.69 to reach a local peak of $0.92 as rumors of Gary Gensler’s resignation as SEC chairman circulated on media spaces. While the altcoin has recorded a slight price decline of 1.2% in the past hour, the massive purchase by whales indicates a belief in the asset for long-term profitability. At the time of writing. XRP trades at 0.89, with his market cap value now above $50 billion. In tandem, the token’s trading volume is up by 24.71% and valued at $11.75 billion. Featured image from StormGain, chart from Tradingview
Mobile cryptocurrency applications have ranked up on Apple’s App Store, following the sporadic rise of Bitcoin and other digital assets. The bullish momentum in the market has also seen the overall market cap cross the $3 trillion mark, a new record for the ever-growing industry. Coinbase is leading the charge, moving from number 26 to