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XRP Stops Decline Above $0.48 And Resumes Its Range

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May 14, 2024 at 08:10 // Price Author Coin Idol Ripple (XRP) coin price has returned to its previous range after failing to rise above the 50-day SMA. XRP long-term Analysis : bearish On May 6, the upward momentum surpassed the moving average lines but was halted by the 50-day SMA. In other words, the altcoin came under selling pressure at the high of $0.57. XRP has returned to the price range after hitting a low of $0.48. The altcoin is trading within the current price range of $0.46 to below the moving average lines. If the boundaries of the range
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Top 3 Cryptocurrencies To Buy The Dip In May

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As the cryptocurrency market experiences a temporary dip, savvy investors are on the lookout for promising coins to add to their portfolios. With the potential for notable gains on the horizon, three cryptocurrencies stand out as top contenders for buying the dip in May: Ethereum ( ETH ), Solana ( SOL ), and Shiba Inu (SHIB). Additionally, each of these coins has demonstrated strong fundamentals and has the potential to deliver substantial returns as the market recovers. Ethereum (ETH)  Source: Watcher.Guru Ethereum has established itself as the backbone of the decentralized finance (DeFi) ecosystem. Currently trading at $2,943.90, Ethereum has experienced a modest 1.34% increase in the past 24 hours. The coin’s 24-hour low and high stand at $2,865.13 and $2,953.05, respectively. Also, as the market begins to recover, Ethereum’s strong fundamentals and widespread adoption make it an attractive option for investors looking to capitalize on the dip. Also read: Ripple Analy
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Bitget Wallet Unveils GetDrop: An Exclusive Airdrop Platform for High-quality Projects

Victoria, Seychelles, May 13th, 2024, Chainwire Bitget Wallet, a prominent Web3 wallet, recently unveiled its new airdrop platform, GetDrop. This platform is designed to offer exclusive airdrop campaigns tailored for high- quality projects. Bitget Wallet collaborates with both potential and popular project teams in the industry to provide airdrop rewards to active wallet users, thereby aiding in the growth of project data and enhancing brand influence. GetDrop is a premier launch featured in the Bitget Wallet Earning Center. It is a newly initiated incentive program for Bitget Wallet’s users and BWB points/BWB token holders. It serves as an exceptional gateway for Bitget Wallet’s ecosystem partner projects to connect with and engage an active, high- quality Bitget Wallet user base. Each campaign is orchestrated to cater to the specific needs of project teams, highlighting their unique product Features and key objectives. The initial campaign of the GetDrop p
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Whale alert: 10-year inactive Bitcoin wallets move 1,000 BTC

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Bitcoin (BTC) long-term holders suddenly activated two dormant wallet s on May 12, moving 1,000 BTC worth over $60 million. These whale addresses remained inactive for 10.7 years since September 2013, when this stash was valued at $125,000. Notably, the Whale Alert account on X posted each transaction with an interval of 20 minutes. According to the alert s, these holdings were valued at $62,890 and $63,565 when the addresses first acquired them. Two dormant addresses moving 500 BTC each. Source: Whale Alert on X On that note, the Lookonchain account also reported the dormant whales’ activity, identifying that one address acquired 500 BTC on September 13, 2013, and the other on September 14, 2013. Picks for you Here’s when the XRP price could hit $0.62 12 mins ago U.S. faces savings slaughter with $2.1 trillion bleeding out of economy 2 hours ago Altseason incoming? Three key indicators to watch for a potential surge 2 hours ago 3 cryptocurrencies to
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Crypto Analyst Says These Memecoins Could Be the ‘Largest Narrative’ Amid the November US Elections

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A widely followed crypto trader says that the build-up to the US presidential election in November could send two memecoins soaring. Pseudonymous crypto analyst Altcoin Sherpa tells his 216,000 followers on the social media platform X that meme tokens MAGA (TRUMP) and Jeo Boden (BODEN) could outperform due to election year excitement. TRUMP is inspired by former president Donald Trump, who is running for president again. BODEN is inspired by US President Joe Biden, who is running for re-election against Trump and refers to a misspelling of his name. “Current meme strategy for me: concentration in one sector, USA politics. I own TRUMP and I want to buy BODEN. Should be the largest narrative when the election stuff really gets going later this year. Trump is going to constantly be in the news and doing his normal antics.” Meanwhile, blockchain analytics platform Santiment is noticing an apparent correlation between the two memecoins’ price action and the behavior
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Is It Too Late To Buy RNDR? Render Price Pumps 12% After Apple Mentions Octane And This Might Be The Next Crypto To Explode

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The Render price has soared 12% in the last 24 hours and 49% in the past week to trade at $11.46 as of 7:25 a.m. EST on a 12.5% surge in trading volume to $568 million. The spike in the RNDR price came after Apple vice president of platform architecture Tim Millet mentioned Octane, the 3D rendering software powered by the RNDR network, in a presentation about the new iPad Pro and its M4 chip. ” Pro rendering apps like Octane will flat-out fly,” he said. 🚨BREAKING: Apple just presented Octane X, the rendering software powered by $RNDR, as the pro rendering app on the new iPad! You can literally see the $RNDR logo in the video! Don't ever mention "The Next $RENDER" again. pic.twitter.com/Kxg6llA3jH — D0c Crypto ⭕️ (@TheRealD0c) May 7, 2024 Render Price Bulls Initiate A Bull Rally Above The Bullish Pennant Render has bounced back strongly from the lower trendline of the bullish pennant. The bullish pennant formation indicates a possible ongoing upward trend. This
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Ethereum Co-Founder Joseph Lubin Says The SEC Has Stealth-Classified ETH As A Security

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Joseph Lubin, the CEO of Metamask developer ConsenSys and a co-founder of Ethereum, said the Securities and Exchange Commission (SEC) has classified ETH as a security by stealth. “The SEC appears to have reclassified Ether as a security without telling anybody that that’s the case,” Lubin said, speaking at an FT Live Crypto and Digital Asset summit in London. “They are going about a strategic series of enforcement actions rather than open discourse and clear rulemaking.”  Joseph Lubin Says The SEC Aims To Create FUD For The Crypto Industry  In April, after ConsenSys received a Wells Notice from the SEC, it went on the offensive and sued the regulator for its “ unlawful power grab ” with regards to possibly classifying Ethereum as a security. Through this lawsuit, the firm aims to gain legal clarity from US courts regarding ETH’s security status, Lubin said. This comes after the Commodity Futures Trading Commission (CFTC) had previously classified Ethereum as a commodity. The re
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