The post Crypto Wins: Caroline Crenshaw’s SEC Term Ends appeared first on Coinpedia Fintech News Caroline Crenshaw would not be returning as an SEC Commissioner. Her term is officially ending in January. The Senate Banking Committee has decided not to Re-nominate her. This feels like a big win for crypto people. Crenshaw has been a huge critic of cryptocurrency and often clashed with the industry. Now, with her departure and resignation of Gary Gensler, things could be very different at the SEC. Crenshaw’s Anti-Crypto Legacy Crypto people would be happy as Caroline Crenshaw’s SEC term ends . She was not exactly a favorite in the space. Her close relations with Gary and following his vision of a tough stance towards crypto made her the target for criticism. As a fun fact, the crypto industry poured millions into lobbying efforts to block her renomination, and it worked. People from the crypto industry spend huge funds to support candidates who align with industry goals. This influence didn’t stop with campaigns. Crypto-friendly Republican senators also pushed hard to ensure Crenshaw wouldn’t continue her role. Even Democrats felt the heat. Sherrod Brown, one of Crenshaw’s supporters, lashed out at the crypto industry, calling their lobbying efforts a “disgusting smear campaign.” But it wasn’t enough to save her spot. What Happens Now? With Crenshaw leaving and Gensler stepping down in January, things are already shifting. President-elect Donald Trump’s administration is shaping up to be much more crypto-friendly. Paul Atkins, who’s known for his pro-crypto views, will take over as SEC Chair. There’s also talk about who might replace Crenshaw. Names like Chris Brummer and TuongVy Le are being floated. Brummer, a blockchain expert, seems to have the strongest backing, but nothing is confirmed yet. If he’s chosen, it would send a clear message: the SEC might finally be ready to work with the crypto industry instead of fighting against it. What’s Next This feels like a turning point. For years, crypto companies have been calling for clearer regulations. Now, they might actually get them. Big names in the industry, like Tyler Winklevoss of Gemini , are already celebrating. He called Crenshaw’s departure “a roadblock removed” and emphasized the need for clear rules. Source : X.com The U.S. has lagged behind other countries in embracing crypto. But with these changes, that could change fast. The next few months will be crucial in determining whether the U.S. becomes a global leader in digital assets—or stays stuck in the past.
The post XRP Lawsuit: John Reed Stark Says Judge Torres Was ‘Mistaken,’ Slams Ripple Decision appeared first on Coinpedia Fintech News The legal battle between Ripple and the SEC has been gaining momentum as the January 15 hearing approaches. John Reed Stark, a former SEC enforcement official and crypto skeptic, recently appeared on Docket Media LLC podcast and opened up about the historic Ripple decisions. He said that the Ripple ruling doesn’t provide broad legal clarity and should only be applied to cases with similar specific facts. He criticized the Ripple decision, claiming that many people misunderstand the ruling, likely because they haven’t fully read it. He argued that Judge Torres was ‘mistaken on multiple counts, a view shared by other judges who have reviewed the case. “There’s so many things about the Ripple decision that people get entirely wrong because I don’t think they read it. It’s completely… it’s respectfully to Judge Torres, I think she was mistaken on multiple counts, as does Judge Rakoff and every single other judge that has looked at that decision (thought),” he said. Stark pointed out that the Ripple decision was twofold. First, he agreed that the initial offering of XRP tokens to sophisticated investors should have been registered as securities to protect those investors. However, Stark disagreed with the decision when it came to the secondary market, where XRP was traded on exchanges. ‘Ripple Decision Created Confusion’ He argued that the lack of a direct relationship between Ripple and retail investors meant they weren’t protected, which he believes is an unfair argument. Stark compared it to buying stocks in companies, where investors don’t have a direct contractual relationship with the company but are still protected under securities regulations. Stark also criticized the Ripple decision for creating confusion, especially after pro-crypto companies began citing it to argue that tokens were not securities. In response, the SEC sought an interlocutory appeal, hoping to stop the ongoing proceedings. However, the judge rejected the SEC’s request, stating that the Ripple decision could not be used as precedent unless the exact same circumstances were present.
Russia criticized U.S. threat diplomacy as BRICS advances efforts to reduce reliance on the dollar, citing flawed U.S. policies and escalating global economic tensions. Russia Calls Out US ‘Threat Diplomacy’ Amid Dollar Power Struggle The standoff over the global role of the U.S. dollar has intensified, with BRICS nations readying to counter President-elect Donald Trump’s
The cryptocurrency market experienced a sharp downturn as Bitcoin (BTC) fell below the $100,000 mark after the Federal Reserve announced a 25 basis points cut. Contrary to expectations of a positive market reaction, the news triggered widespread sell-offs, affecting major altcoins. Ethereum (ETH) dropped by 6%, while XRP saw a significant 10% decline, with most cryptocurrencies showing negative momentum. An exception to the downturn was USUAL, which surged by 23% in the last 24 hours. The overall market capitalization fell by 5% to $3.44 trillion. However, trading volumes spiked by 40%, reaching $251 billion, indicating active market participation. The Fear and Greed Index remained at 69, reflecting a greedy sentiment despite the dip. Here’s a closer look at some top cryptocurrencies by market cap and their prices today, December 19. Cryptocurrency Market Today: BTC, ETH, XRP, and SOL Prices Drop The cryptocurrency market today saw significant declines following the Federal Reserve announcement of a 25 Bps rate cut. Bitcoin (BTC) fell below the $99,000 mark, while Ethereum (ETH) and XRP dropped by 6% and 10%, respectively. Solana (SOL) also faced a 5% decline, reflecting the broader market downturn. Bitcoin Price Today Bitcoin (BTC) price was down by approximately 4%, trading at $100,880. Its 24-hour low and high were $98,874 and $105,389, respectively. The market cap stood at $2 trillion, with $100 billion in trading volume and a market dominance of 57.12%. As per SoSo Value , BTC ETFs experienced an outflow of 84 million on Wednesday, with Grayscale leading at 35 million and Invesco at 25 million. Data from BlackRock regarding its outflows is still awaited. In related news, BOB (Build on Bitcoin) advanced its mission to position Bitcoin at the forefront of decentralized finance (DeFi) by integrating with Babylon, a Bitcoin staking protocol. Ethereum Price Today Ethereum (ETH) price was trading at $3,652, reflecting a 6% drop in the last 24 hours. The 24-hour low and high were $3,543 and $3,902, respectively, showing significant fluctuations in the cryptocurrency market today. With a market cap of $440 billion and a trading volume of $52 billion, Ethereum remains the second-largest cryptocurrency by market cap. In the cryptocurrency market today, Ethereum ETF outflows amounted to 79 million, with Grayscale leading the outflow at 65 million and Bitwise contributing 14.62 million. In other news, Bitwise CIO Matt Hougan predicted that Ethereum will surpass Solana (SOL) in 2025. This prediction has generated considerable interest in the ongoing development of both networks. XRP Price Today XRP price was trading at $2.32, reflecting a 10% drop in the last 24 hours. The 24-hour low and high were $2.184 and $2.585, showing volatility in the cryptocurrency market today. With a market cap of $132 billion and a trading volume of $22 billion, XRP remains one of the top cryptocurrencies by market cap. Ripple also launched its native stablecoin token RLUSD , expanding its reach in the stablecoin space. Solana Price Today SOL price was trading at $209, reflecting a 5% drop in the last 24 hours. Its 24-hour low and high were $200 and $218, showing notable fluctuations in price. With a market cap of $99 billion and a trading volume of $7 billion, Solana ranks 6th among the top 10 cryptocurrencies by market cap. Despite the price drop, Solana continues to maintain a strong position in the market. Additionally, the network growth for Solana has reached a new all-time high , highlighting its ever-growing adoption and vibrant ecosystem activity. Meme Cryptocurrency Market Today Meme coins also experienced a significant downturn, with Dogecoin (DOGE) down by 7% and trading at $0.36. Shiba Inu (SHIB) price was down by 6%, now trading at $0.00002425. Other notable meme coins like PEPE, BONK, and WIF saw even larger drops, ranging from 12% to 15% in the last 24 hours. These price movements reflect the broader negative sentiment in the meme coin market today. Top Crypto Gainers Prices Today Usual Usual (USUAL) price saw a remarkable 23% increase in the last 24 hours, now trading at $1.02. Its 24-hour low and high were $0.67 and $1.16, respectively. With a market cap of $456 million, USUAL emerged as the top gainer in the last 24 hours, outperforming many other cryptocurrencies in the market today. Movement Movement (MOVE) price was trading at $0.70, reflecting a 14% increase in the last 24 hours. Its 24-hour low and high were $0.611 and $0.72, showcasing a strong upward trend in the price. Pudgy Penguins Pudgy Penguins (PENGU) became the third top gainer for today, with an 8% increase in the last 24 hours, trading at $0.033. The price surge comes after a remarkable 500% rise following the announcement of its listing on Binance . Top Crypto Losers Prices Today dogwifhat The dogwifhat (WIF) became the worst performer with a 14% drop in the last 24 hours, now trading at $2.26. Its 24-hour low and high were $2.162 and $2.698, indicating significant volatility in the price movement. Floki Floki (FLOKI) became the second-worst performer for today, with a 13% drop in the last 24 hours, trading at $0.00019. Meme coins have crashed hard following Bitcoin’s fall below the $100K mark, impacting FLOKI’s price and the overall market sentiment. Theta Network Theta Network (THETA) price was down by 12% in the last 24 hours, trading at $2.32. Its 24-hour low and high ranged from $2.18 to $2.61, reflecting the broader market downturn. Beside this, the hourly chart is showing a positive momentum with BTC up by half a percent in the last hour. Major altcoins like ETH, XRP, and BNB are up by 1%. In the cryptocurrency market today, despite the recent fluctuations, there’s a shift towards optimism in the short term. The post Cryptocurrency Market Today Dec 19: BTC Falls Below $100K, Altcoins Crash After Fed Rate Cut appeared first on CoinGape .
TL;DR The Shiba Inu community was warned about scammers asking for emails related to SHIFU purchases or claims. Users should avoid sharing personal details and verify information only through official channels. Beware, ShibArmy Shibarium Trustwatch recently issued another important alert concerning the Shiba Inu community. The team cautioned that scammers request victims to send them an email containing information about the meme coin SHIFU. “Fraudsters are asking people to send them an email asking how to buy and claim SHIFU or if SHIFU has not appeared in their wallet,” the warning reads. The team advised people to remain vigilant and not send emails to anyone. Verifying information through official channels and avoiding sharing personal details is also a must . SHIFU is a dog-themed Shiba Inu-related meme coin introduced by the lead developer, Shytoshi Kusama, at the beginning of December. While it is available for trading on certain decentralized exchanges, major platforms like Binance have not yet listed it. Earlier this week, the meme coin project launched a special airdrop. The team revealed that 30% of the token’s total supply (equaling 30 billion SHIFU) will be distributed to the community. 22 billion SHIFU will reach some of those holding at least 100,000 SHIB, and 100 BUBBLE. 2 billion tokens will be allocated to eligible LEASH holders, whereas lucky BONE owners will get 1 billion coins. The remaining 70% of the supply will be distributed for other purposes such as “liquidity and public pre-sale,” treasury, and market initiatives. Previous Warnings Shiba Inu has one of the largest community bases, which explains why fraudsters often target it. Last month, Shibarium Trustwatch cautioned users to stay away from dubious individuals who offer services with the meme coins SHI and TREAT. The team said the tokens are not live yet, advising people to follow the official X accounts of Shiba Inu, Shytoshi Kusama (the pseudonymous leading developer of the meme coin), Kaal Dhairya (another prominent developer), and Treat for more clarity on the matter. A few weeks later, Shibarium Trustwatch maintained that bad actors use Shytoshi Kusama’s name to promote fraudulent tokens in fake groups. “Always verify the authenticity of any group or token before participating. Stay vigilant and protect yourself and others from these scams,” the warning reads. The post Watch Out: Shiba Inu (SHIB) Team Issues a Crucial Warning to the Community appeared first on CryptoPotato .
Renowned trading expert Peter L. Brandt, with decades of experience in the financial markets, has highlighted a significant bullish formation on the XRP/USD chart. The potential breakout could drive XRP to new heights. The “Half Mast Flag” Pattern On December 17, Peter Brandt shared an analysis of the XRP/USD trading pair, identifying a “Half Mast Flag” pattern. According to Brandt, this pattern often signals that an asset is gearing for an upward move, with the potential price increase matching the initial advance leading to the flag’s formation. The “Half Mast Flag” typically occurs when an asset’s price experiences a sharp move, followed by consolidation before resuming its upward trajectory. If this pattern completes as expected, XRP could be set for a significant price surge. Brandt’s observation has drawn agreement from various market commentators, with some suggesting that the asset’s price could exceed $3 if the breakout materializes. XRP @xrpusd appears to be resolving a half mast flag. If so, distance to upside should equal advance into tip of flag pic.twitter.com/Wj5c4gu5qE — Peter Brandt (@PeterLBrandt) December 17, 2024 In parallel, crypto analyst Ali Martinez also noted bullish signals for the token. Martinez identified a “Bull Flag” formation and predicted that breaking the $2.60 resistance level could pave the way for the token to climb toward $4. Major Transactions Linked to Binance While technical patterns point to bullish potential, on-chain activity has also caught the attention of analysts. Recently, a massive deposit of 69.3 million XRP, valued at approximately $175.8 million, was transferred to a Binance wallet from an unidentified address, according to data from the analytics platform Bithomp. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Before this, Whale Alert reported two large transfers involving Binance wallets. The transactions, totaling 920 million XRP—equivalent to $1.92 billion—indicate significant movements within the Binance ecosystem. While these transfers were substantial, they remained within Binance-associated wallets, raising questions about potential strategies or preparations linked to asset price activity. Ripple USD Stablecoin Gains Attention Adding to the excitement around the asset, the Ripple USD (RLUSD) stablecoin officially launched on December 17. Ripple minted nearly $66 million worth of RLUSD after receiving regulatory approval from the New York State Department of Financial Services. This stablecoin is expected to enhance liquidity and expand decentralized finance (DeFi) opportunities on the XRP Ledger. Cardano founder Charles Hoskinson also expressed enthusiasm for RLUSD, describing it as “awesome” in a recent post on X . When asked whether Cardano might adopt RLUSD, Hoskinson indicated ongoing efforts toward this goal. As the asset consolidates near the $2.60 resistance level, the combination of technical patterns, whale activity, and ecosystem developments paints a promising picture. Breaking above the resistance could confirm the bullish formations identified by analysts, potentially driving the token toward $4 or higher. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Veteran Trader Peter Brandt Makes Bullish Technical Statement about XRP appeared first on Times Tabloid .
Are you searching for crypto projects that combine innovation, security, and high potential returns? With countless cryptocurrencies vying for attention, choosing the right one can feel overwhelming. Today, we’re spotlighting Qubetics ($TICS) , Monero ($XMR), and Stacks ($STX)—three projects that stand out for their unique features and recent developments, making them the best cryptos to join today. Among these, Qubetics is redefining the market with its groundbreaking asset tokenisation feature. Meanwhile, Monero and Stacks continue to attract users with their strong focus on privacy and smart contract innovation, respectively. Let’s dive into what sets these projects apart. Qubetics ($TICS): Revolutionising Asset Tokenisation Qubetics, the world’s first Web3 aggregator, is a rising star in the crypto landscape. In its 13th presale stage, $TICS is priced at $0.0342. With over $7 million raised, 10,600 token holders, and 355 million tokens sold , Qubetics is steadily building momentum and trust within the community. One of Qubetics’ standout features is its asset tokenisation capability. This innovation allows users to convert tangible and intangible assets into digital tokens on the blockchain. Imagine a real estate developer tokenising property shares or a business owner digitising intellectual property. By doing so, Qubetics enables fractional ownership, easier transferability, and enhanced liquidity for these assets. For professionals like lawyers or financial advisors, asset tokenisation simplifies complex transactions, reducing paperwork and ensuring transparency. Investors can diversify portfolios by owning fractions of high-value assets—a game-changer for those previously excluded from such opportunities. Explore the full scope of Qubetics . With ROI projections of up to 43,711.73% if $TICS reaches $15, it’s clear why this token is attracting attention. Combined with its asset tokenisation feature and growing community, Qubetics is undoubtedly among the best cryptos to join today. Monero ($XMR): A Pioneer in Privacy In its latest update, Monero enhanced its privacy protocol, improving efficiency and scalability. This ensures $XMR remains competitive and reliable in a rapidly evolving crypto environment. Monero has long been a favourite among privacy-conscious users. Its robust blockchain ensures anonymity for all transactions, shielding sensitive details from public scrutiny. Launched in 2014, $XMR continues to deliver unmatched privacy and security. Monero’s unique ring signatures and stealth addresses obscure transaction details, making it the go-to choice for individuals and businesses requiring confidentiality. For example, a journalist operating in a restrictive regime can securely receive donations or payments in Monero without risking exposure. Stacks ($STX): Empowering Smart Contracts on Bitcoin Stacks is bringing smart contracts and decentralised applications (dApps) to Bitcoin, combining the world’s most secure blockchain with advanced programmability. By leveraging the Bitcoin network, Stacks offers a unique approach to building Web3 applications. Stacks recently announced new partnerships with Web3 developers focused on decentralised identity solutions. This expansion underscores its commitment to building a robust and scalable ecosystem. As Bitcoin’s ecosystem expands, Stacks plays a crucial role in enabling smart contract functionality. For businesses and developers seeking to innovate on a secure foundation, $STX provides the perfect platform. Conclusion: Three Projects, Endless Potential Qubetics, Monero, and Stacks each bring something unique to the table, making them the best cryptos to join today . Qubetics’ asset tokenisation feature is a game-changer for professionals and investors alike. Monero’s privacy solutions remain unmatched, while Stacks bridges the gap between Bitcoin’s security and smart contract functionality. Whether you prioritise innovation, privacy, or programmability, these three projects deserve your attention. Don’t miss your chance to explore these transformative opportunities and elevate your crypto journey. For More Information: Qubetics: https://qubetics.com/ Telegram: https://t.me/qubetics Twitter: https://twitter.com/qubetics The post Qubetics Sells 355 Million Tokens, Monero Enhances Privacy Protocol, and Stacks Expands with Web3 Partnerships: Best Cryptos to Join Today appeared first on TheCoinrise.com .
XRP price started a fresh decline below the $2.350 zone. The price retested the $2.20 support zone and is currently attempting a recovery wave. XRP price started a fresh decline from the $2.720 zone. The price is now trading below $2.50 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.45 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.40 resistance. XRP Price Dives To $2.20 XRP price failed to start a fresh increase above the $2.50 level and started a fresh decline, like Bitcoin and Ethereum . There was a move below the $2.45 and $2.40 levels. The price declined over 5% and there was a move below the $2.320 support. Finally, the price spiked below the $2.20 support. A low was formed at $2.171 and the price is now correcting losses. There was a move above the $2.250 level. The price cleared the 23.6% Fib retracement level of the downward move from the $2.720 swing high to the $2.171 low. The price is now trading below $2.50 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.40 level. The first major resistance is near the $2.450 level. There is also a connecting bearish trend line forming with resistance at $2.45 on the hourly chart of the XRP/USD pair. The trend line is close to the 50% Fib retracement level of the downward move from the $2.720 swing high to the $2.171 low. The next resistance is $2.50. A clear move above the $2.50 resistance might send the price toward the $2.55 resistance. Any more gains might send the price toward the $2.620 resistance or even $2.80 in the near term. The next major hurdle for the bulls might be $3.00. Are Dips Supported? If XRP fails to clear the $2.40 resistance zone, it could start another decline. Initial support on the downside is near the $2.25 level. The next major support is near the $2.20 level. If there is a downside break and a close below the $2.20 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.20 and $2.050. Major Resistance Levels – $2.40 and $2.450.
In a surprising twist amidst a broader altcoin market slump, Solana-based memecoin Fartcoin briefly soared to a $1 billion market capitalization. The 113% surge over the past month highlights the
The post XRP Price Prediction For December 19 appeared first on Coinpedia Fintech News XRP’s price is currently trading between two key levels: strong support around $2 and resistance between $2.90 and $3. This $3 level has been a tough barrier for XRP, and the price hasn’t yet broken down the overall bullish trend, despite some short-term pullbacks. Right now, XRP is in a sideways consolidation phase, and it appears to be staying within this range for the time being. Key Fibonacci Levels The key Fibonacci levels have been met, but there could still be a small dip before any further upward movement. The price has maintained an overall bullish trend, with the possibility that the price bottomed around $1.90 in 2020, and we’re now seeing an upward movement that could continue. Bullish Flag Breakout According to analyst Josh of Crypto World, XRP recently broke out from a bullish flag pattern, signaling short-term upward movement. Even with a small pullback, the price is still above the breakout point, meaning those who entered the trade are still in profit. The price target for this breakout is around $3.80, which suggests a potential 47-48% increase from current levels. Resistance Levels to Watch However, resistance levels remain important. If XRP hits the $2.90-$3 range, it could struggle to move higher. Therefore, while the bullish target is in play, other factors need to be considered. Short-Term Support and Resistance XRP is bouncing from short-term support around $2.50. If it falls below this level, the next support is around $2.38. The analyst said that a drop below $2.38 would invalidate the current bullish outlook. It is important to note that at the time of writing, XRP is trading at $2.36 level. Short-term resistance to watch includes levels around $2.70, $2.78, and $2.85. If XRP breaks these levels, it could face more resistance near $2.90-$3. Conclusion Overall, XRP is still stuck in its current price range, with no clear breakout yet. The price is likely consolidating before making another move upward, but we should wait for the market to stabilize before making any conclusions, especially after the recent Fed decision.