XRP’s $1 at risk? As trading volume drops 77%, concerns rise

XRP’s $1 milestone seemed uncertain, as daily active addresses declined significantly. Ripple’s trading volume dropped from almost $3 billion to around $207 million. After months of consolidation, Ripple [XRP] has reclaimed the psychological $1 level, marking a significant milestone for the cryptocurrency. However, this achievement has been accompanied by a sharp decline in trading activity,…

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MicroStrategy Raises Recent Convertible Notes Offer to $2.6 Billion to Buy More Bitcoin

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial…

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XRP Price Prediction For November 21

Ripple’s XRP is currently trading in green and is up by more than three percent in the last 24 hours. The altcoin is trading between the $1.06 and $1.15 range. XRP’s bullish momentum is partly supported by the speculations about SEC chair Gary Gensler’s resignation. According to reports, President-elect Donald Trump is considering a crypto-friendly…

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Trump’s White House Considers a Landmark Role for Crypto Policy

Donald Trump’s administration is reportedly considering a “crypto czar” role to oversee crypto policy, signaling sweeping changes in U.S. cryptocurrency regulation and innovation strategy. Crypto Czar Role Looms as Trump White House Eyes Bold Policy Overhaul President-elect Donald Trump’s incoming administration is reportedly considering a new White House role focused solely on cryptocurrency policy, according…

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New Restrictions Rolled Out Across 13 Regions

Russia’s new measures aim to limit crypto mining in energy-heavy regions to prevent excessive consumption, with miners required to report activities and adhere to new power usage limits. Alongside energy restrictions, Russia introduces crypto-specific tax rules, treating digital assets as property, while legalizing Bitcoin mining for international trade, signaling a regulated crypto market. President Vladimir…

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Struggles Could Signal Rising Risks?

Este artículo también está disponible en español. Ethereum price started another decline below the $3,150 zone. ETH is struggling and might decline further below the $3,000 support zone. Ethereum is slowly moving lower below the $3,150 zone. The price is trading below $3,100 and the 100-hourly Simple Moving Average. There is a connecting bearish trend…

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DWF Labs Launches Telegram Listing Bot for Instant Major Crypto Exchange Updates

DWF Labs, a leading name in crypto venture financing, market-making, and liquidity provision, has unveiled a ground-breaking Listing Bot on Telegram as part of its dedication to innovation and trader empowerment. This crucial tool is intended to provide investors and traders real-time information on token listings on the top cryptocurrency exchanges worldwide. This bot seeks to transform how…

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5 Warning Signs to Watch

XRP price has surged past the $1 mark, marking a significant milestone since November 2021. The cryptocurrency’s value has doubled within a week, driven by a broader market rally that has reignited investor interest. This impressive performance highlights XRP as a key player in the ongoing resurgence across the crypto sector. However, experts are urging…

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Chinese Court Orders Refund in Controversial Crypto Contract Dispute

A Shanghai court ordered a partial refund after ruling a token fundraising contract illegal, citing violations of Chinese financial regulations. Token Fundraising Faces a Major Setback in a Shanghai Court Judgment The Shanghai High Court published details on Wechat Monday about a crypto-related case highlighting the legal complexities of virtual currency activities in China. The…

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Sky (Formerly Maker) Announces USDS’s Debut on Solana Blockchain

Sky, the DeFi lending protocol that was formerly known as Maker, has rolled out its USDS stablecoin on the Solana blockchain. According to the official announcement, Sky said the launch positions USDS as “the first major DeFi-native stablecoin on Solana,” offering new avenues for borrowing, lending, and trading on the blockchain’s leading DeFi platforms. “Today’s…

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Swiss-Based Asset Manager 21Shares Unveils Major Innovation for Ethereum! Here Are the Details

Switzerland-based asset manager 21Shares AG has enhanced its Ethereum Core exchange-traded product (ETP) by adding staking functionality and renamed it Ethereum Core Staking ETP. 21Shares Brings Staking to Ethereum Core ETP, Advancing European Crypto Offerings The updated product was launched on Tuesday and is now listed on major European exchanges including SIX Swiss Exchange, Deutsche…

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Ripple CEO Highlights Trump’s Impact on Crypto

Ripple Labs CEO Brad Garlinghouse recently shared significant insights regarding the cryptocurrency landscape during an interview on Fox Business. He raised alarms about the Biden Administration’s aggressive stance against the crypto sector, asserting that the industry began recognizing its true potential during Donald Trump’s presidency. What Encourages Garlinghouse About the Future? Garlinghouse remains optimistic about…

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Will XRP Break $1.14 Resistance?

Amid the current rally, long-term holders are retaining their positions, showcasing confidence in XRP’s future growth. XRP faces key resistance at $1.14, with the potential to climb to $1.28 and beyond if bullish momentum continues. Ripple’s native cryptocurrency XRP has drawn massive attention with a mega rally over the past weekend, driving it past $1…

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Best 5 Chainlink Alternatives for 2024: Top-Tier Blockchain Innovations to Watch

November 21, 2024 at 06:23 AM GST updated: November 20, 2024 at 06:32 PM 2 mins read News Arcana Network emphasizes privacy and security, providing exceptional tools for building privacy-centric decentralized applications. Polkadot fosters interoperability with its unparalleled multi-chain architecture, enabling scalable, high-speed blockchain communication. Ren and PARSIQ offer innovative cross-chain liquidity and real-time data…

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BONK’s 9-Month Consolidation Breakout: Will The Momentum Hold Post ATH?

BONK price action showed a massive breakout from a descending wedge pattern that confined its movements for over nine months. The currency experienced fluctuating fortunes as it navigated this extensive consolidation period. In recent weeks, however, BONK surged past its former peak levels, establishing new all-time highs. This breakout was a sharp upward movement, marking…

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Bitcoin Gains VanEck’s Official Support As Strategic Reserve

The firstborn cryptocurrency has found another ally in the traditional financial sector after a respected global investment company affirmed its support for making Bitcoin a strategic reserve. The backing of VanEck, a respected name in the investment sector, in Bitcoin shows the coin’s growing appeal even to traditional financial players, a remarkable milestone that could…

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Steady Climb Toward New Highs

Bitcoin price is rising steadily above the $92,000 zone. BTC is showing positive signs and might continue to rise above the $95,000 level. Bitcoin started a fresh increase above the $92,000 zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support…

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Elon Musk, Vivek Ramaswamy Outline Bold D.O.G.E US Workforce Plan: Details

Elon Musk and Vivek Ramaswamy recently presented a comprehensive strategy aimed at reducing the federal workforce under the guidance of President-elect Donald Trump. Their proposal emphasizes a large-scale reduction of federal employees, which they argue will become feasible through the elimination of numerous regulations. Elon Musk and Vivek Ramaswamy Unveil Plan To Slash US Workforce…

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Famous Bull Michael Saylor Makes Bold Statements About Bitcoin (BTC) and XRP!

Famous bull Michael Saylor, known for his support of Bitcoin, made remarkable statements. Saylor, whose company MicroStrategy has made new moves regarding BTC purchases, recommends investors invest only in Bitcoin and not in other cryptocurrencies or stocks. Speaking on the PBD Podcast recently, MicroStrategy founder Michael Saylor recommended investing solely in Bitcoin. Saylor warned against…

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South Korea Prohibits Bitcoin ETF Launches

The Financial Supervisory Service (FSS) of South Korea has reiterated its prohibition on Bitcoin spot and futures ETFs, signaling a stringent regulatory environment for cryptocurrency investments. This ongoing blockade raises alarms regarding the nation’s capacity to remain competitive within the global financial sector. Why Are Regulations Tightening? The FSS continues to reject proposals for ETFs…

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