Posts

Showing posts from February, 2025

Dogecoin Whales Accumulate, Is a $0.50 DOGE Surge Coming

Image
The cryptocurrency market is currently seeing major shifts in its price. The latest carnage did not spare any coin. The meme coin market was among the most affected. Dogecoin (DOGE) has been struggling throughout the month of February. The asset started the month at a high of $0.3407 but soon plummeted to a low of $0.1819. This represented a drop of 43%. While some were panicking about this decrease, whales were quickly accumulating the meme coin. Can the whales add momentum to DOGE’s price? Also Read: Bitcoin Crash Is a Gift How Did Dogecoin Fare Over the Past Day? Source: CoinGape At the time of writing, Dogecoin was trading at $0.1867. The asset recorded a massive drop of nearly 11% over the past 24 hours. Earlier today, DOGE was priced at a high of $0.2112 before dropping to its current low. The past week has been challenging for the meme coin as it decreased by 27% during this period. Also Read: De-Dollarization Efforts ‘Won’t Stop’ as Global Giants Defy Trump’s 100% Tariff T...

Phantom Acquires SimpleHash To Enhance NFT Data Tracking

Phantom, a renowned multi-chain crypto and non-fungible token wallet services provider, has acquired SimpleHash, a token data platform, to enhance real-time price tracking, non-fungible token metadata, and marketplace activity. This announcement has led to immediate market reactions, with Phantom’s native token, PHANT, experiencing a 5.3% price surge from $1.13 to $1.19 within the first hour. Phantom is getting even better! — Kumeka Team (@KumekaTeam) February 26, 2025 Phantom Acquires SimpleHash In a February 26 press release, Phantom confirmed that they had acquired SimpleHash, a token data platform. Under the acquisition, the SimpleHash and Phantom teams will join hands to supercharge token data tracking for Phantom users, ensuring they get the most accurate and high-performance wallet experience possible. In a short statement after the acquisition, Brandon Millman, CEO of Phantom, remarked: “By bringing on SimpleHash, we’re ensuring that Phantom users ...

Ripple: How High Can XRP Rise Post Its SEC Case Dismissal?

Image
Ripple (XRP) is one of the most highly respected and reputed cryptocurrencies to exist in space. XRP has long been battling a cumbersome case with the US SEC. The case was filed in 2020 and has been continuing all this while, impacting the token’s price and market prestige for a long time. On the contrary, XRP has left no stone unturned to prove its mettle. From collaborating with leading financial giants to launching its own stablecoin, the firm has certainly come a long way. Will XRP be able to claim new highs if its case with the US SEC is wrapped up sooner than later? Also Read: Ethereum Buyers Pile In as Aya Miyaguchi Takes Over—Will ETH Rebound? US SEC vs. Ripple: What’s The Update? Source: CryptoRank The new US SEC regime under the leadership of Mark Uyeda is currently playing an instrumental role in wrapping up pending legal cases against multiple organizations. For instance, the SEC has concluded a variety of cases against multiple organizations, including Robinhood, Unis...

M2 Money Supply Surge Could Spark Bitcoin Price Rally

Image
M2 money supply growth has captured the attention of cryptocurrency analysts. They see strong correlations between expanding global liquidity and Bitcoin price rally potential. Recent data indicates the year-on-year fixed exchange rate for the M2 money supply of the four major central banks reached 3.65% in January. This signals some possible favorable conditions for cryptocurrency market volatility. Also Read: Ethereum Buyers Pile In as Aya Miyaguchi Takes Over—Will ETH Rebound? How M2 Money Supply Impacts Bitcoin Prices and Market Volatility Source: Watcher Guru The relationship between monetary policy and cryptocurrency performance has been closely studied by market experts. Historical data suggests Bitcoin follows global M2 money supply trends with remarkable consistency. Analysts Point to Historical Correlations Source: MacroMicro Several cryptocurrency analysts have highlighted the statistical relationship between M2 supply growth and Bitcoin performance. According to economist L...

XRP Price Prediction: Ripple Token Tumbles 11% Amid Market Crash, But This Solana L2 Surges Toward $24M In Presale

Image
The XRP price has tumbled 11% in the last 24 hours to trade at $2.20 as of $3:30 a.m. EST on a 178% pump in trading volume to $10.2 billion. XRP Price Holds On Key Support – Is A Rally On The Horizon? Over the past few weeks, the Ripple token price has been trading within a descending triangle. This is a bearish technical pattern often leading to a breakdown. However, the price has shown resilience by holding onto a strong support zone between $1.90 and $2.00, an area that has historically acted as a demand level where buyers step in. The resistance level around $3.00 marks a critical area where previous price rallies have faced rejection. A successful breakout above this level could confirm a bullish continuation. The LuxAlgo trendlines show possible breakout levels at $3.0007 (bullish) and $1.8973 (bearish), suggesting that XRP is currently at a decision point where price action will determine the next major move. XRPUSD Analysis Source: Tradingview The Relative ...

$64B Asset Manager Citadel to Offer Crypto Trading, Liquidity

$64 billion asset manager Citadel Securities will begin offering crypto trading and become a liquidity provider for cryptocurrencies, a Bloomberg report says. The firm aims to get added to the roster of market makers on various exchanges, including those run by Coinbase Global Inc., Binance Holdings, and Crypto.com. The firm was previously cautious about engaging with the crypto industry but has changed its tone due to its belief in Donald Trump’s administration lifting the crypto industry upward. JUST IN: $64 billion asset manager Citadel to offer crypto trading and become a liquidity provider for cryptocurrencies. — Watcher.Guru (@WatcherGuru) February 24, 2025 Once the firm is approved on exchanges, it initially plans to set up market-making teams outside the US, sources tell Bloomberg. The extent of the push and Citadel’s desire could change based on how or if new regulations roll out in the coming months. Currently, crypto is a major pillar in this administration’s prio...

Ethereum Price Prediction: Bybit Receives $1.23 Billion In ETH Following Major Hack As This Non-Custodial Crypto Wallet Presale Charges Towards $11 Million

Image
The Ethereum price dropped over 1% in the last 24 hours to trade at $2,722 as of 11:16 p.m. EST on trading volume that rose 50% to $23.9 billion. This retracement in the ETH price comes after Bybit received approximately 446,879 ETH, valued at $1.23 billion, to address the losses from the recent hack. The support came through loans, whale deposits, and ETH purchases, with the influx of funds allowing Bybit to nearly close the financial gap created by the breach, which was valued at $1.25 billion. Latest Update: Bybit has already fully closed the ETH gap, new audited POR report will be published very soon to show that Bybit is again Back to 100% 1:1 on client assets through merkle tree, Stay tuned. https://t.co/QLa1vOujM6 — Ben Zhou (@benbybit) February 24, 2025 Ethereum Price Analysis: Potential Breakout Or Continued Consolidation? The ETH price has experienced a significant price movement over the past few months. The altcoin’s daily chart illustrates a clear roundi...

Top Crypto ICOs Set to Explode in 2025 – MIND, SOLX, and BEST

Image
The cryptocurrency market continues to evolve, with new projects emerging that bring innovation and utility. Among the most promising early-stage investments, three ICOs stand out due to their strong fundamentals, impressive fundraising, and unique use cases. These projects are still in their early phases, making them potential high-reward opportunities. MIND of Pepe (MIND) MIND of Pepe helps holders make better trading decisions by using hive-mind Analysis . Its AI scans social media, spotting trends before they go mainstream. By analyzing social sentiment, MIND of Pepe provides real-time insights only to $MIND holders, giving them an advantage over regular traders. This AI works on its own, constantly improving its strategies to deliver accurate and useful data. Unlike typical meme coins, MIND of Pepe does more than collect data—it actively participates in the crypto market. Its built-in blockchain wallet allows it to interact with dApps and create new tokens when it finds...

Ripple: Here's How To Be A Millionaire If XRP Hits $10 Post ETF

Image
Ripple’s XRP token faced significant hurdles over the last few years. The asset failed to gain momentum even during the 2021 bull run. XRP’s lackluster performance over the last few years was likely due to the lawsuit with the SEC. The financial watchdog accused the fintech company of selling unregistered securities. The company had a partial victory last year. The win led to a substantial boost in investor sentiment. While the lawsuit is still ongoing, many anticipate the asset to come out on top. Also Read: Shiba Inu: SHIB Price Prediction 10 Years From Now XRP Gaining Momentum Source: Reddit Ripple’s XRP is currently the third-largest crypto project by market cap. The asset has a valuation of about $154 billion. XRP’s price is down 1% in the daily charts and 15.9% over the previous month. Despite the dip, the asset’s price has rallied 4.6% in the weekly charts, 16% in the 14-day charts, and 384.6% since February 2024. Source: CoinGecko Also Read: Will GT...

XRP Price Prediction: As SEC Acknowledges Grayscale XRP ETF Filing And Analyst Sees $6 Ripple Token Price, This Crypto Index Closes On $4M

Image
The XRP price has slumped 1% in the last 24 hours to trade at $2.66 as of 3:30 a.m. EST on a 30% plunge in trading volume to $3.75 billion. The drop in the XRP price comes despite growing optimism around spot XRP ETFs, with the SEC acknowledging multiple filings, including CoinShares, Grayscale, 21Shares, and Bitwise. Additionally, Brazil’s securities commission approved the country’s first spot XRP ETF by Hashdex. BREAKING: 🇺🇸SEC HAVE ACKNOWLEDGED GRAYSCALE’S 19B-4 FILING FOR SPOT $XRP ETF. SEND XRP TO $5 NEXT !!! pic.twitter.com/c6XdKruOfn — Ash Crypto (@Ashcryptoreal) February 13, 2025 Meanwhile, crypto commentator Polly predicts market makers are preparing the Ripple token for a new all-time high. The crypto trader believes the SEC-Ripple lawsuit will be resolved by February’s end. This would trigger a “god candle” for the asset, allowing XRP to reach as high as $6 within the next 10 days. $XRP has the best looking ...