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$16 billion outflows from XRP in a week amid spot ETF blow

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XRP is witnessing a notable decline in investor confidence, with its market capitalization dropping by over $16 billion in the past week. This downturn coincides with the U.S. Securities Exchange Commission’s (SEC) decision to postpone its ruling on 21Shares’ proposed spot XRP exchange-traded fund (ETF), as outlined in a filing on May 20. A week ago, XRP’s market capitalization stood at $153.56 billion. As of press time, the figure has fallen to $137.45 billion, a decline of $16.11 billion.  The token is currently trading at $2.34, reflecting a price drop of nearly 10% over the same period. XRP market cap chart. Source: CoinMarketCap SEC delays spot ETF approval In announcing the delay, the SEC stated it would extend the review period to assess whether the proposed 21Shares Core XRP Trust complies with Section 6(b)(5) of the Exchange Act.  This provision mandates that ETF products implement adequate safeguards against fraud an...

Donald Trump now holds over $11 million in crypto

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Despite once denouncing digital assets, the former and future president Donald Trump is becoming increasingly associated with cryptocurrencies. Part of the reason for this perceived connection stems from the Republican President-Elect’s substantial crypto portfolio, whose value, at press time on January 10, stands at $11.42 million. The holdings themselves are interesting as there is but a handful of well-known coins and tokens among their numbers. For example, despite the bullish rhetoric about Bitcoin (BTC), Trump doesn’t hold any BTC. Picks for you Gate.io launches a startup airdrop program featuring a Camino Network initial free offering 15 mins ago Altcoin bull market is not over, says analyst 28 mins ago ...

This is how XRP has performed in 2024 so far

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In 2024, XRP finally broke out of the prolonged price consolidation, emerging as one of the biggest winners of the ongoing cryptocurrency market rally. To put this price breakout into perspective, XRP rallied by over 300% in the past month, elevating the cryptocurrency to third place based on market capitalization, surpassing Solana (SOL) and Tether’s USDT. Overall, XRP’s price remained relatively stable throughout most of 2024, fluctuating between $0.50 and $0.60. However, in early November, the token took a new turn, and its value tripled by the end of the month to about $1.50. Picks for you Why there are no 'signs of a slowdown' for gold in 2025 2 hours ago Here’s how much your $1,200 stimulus check would be worth i...

XRP Price Prediction for Today, November 16 – XRP Technical Analysis

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XRP has been gaining significant attention recently, reaching its highest value in over two years. This sharp rise has propelled the token to become the seventh-largest cryptocurrency by market capitalization, surpassing USDC. XRP Key Statistics Current Price: $0.97 Market Cap: $55 billion Trading Volume (24h): $12 billion Circulating Supply: 56.9 billion XRP Total Supply: 99.9 billion XRP CoinMarketCap Ranking: #7 XRP has demonstrated impressive growth over the past 30 and 7 days. More notably, from its lowest recorded prices in those same timeframes, XRP has skyrocketed by 97.32% and 79.44% respectively. XRPUSD Market Key Levels Resistance: $0.98, $1.00, $1.50 Support: $0.90, $0.80, $0.70 XRPUSD – Daily Chart On the XRPUSD, the cryptocurrency is in a strong uptrend, trading around $0.97 with key resistance levels at $0.98, $1.00, and $1.50. The $1.00 resistance is particularly significant; if the price breaks above this level, further bullish momentum coul...

Meme Coins Soar 9% As Crypto All-Stars Surges Past $2 Million In Presale

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The Crypto All-Stars ($STARS) presale has surpassed $2 million in capital raised, fueled by a bullish 24 hours for the meme coin sector. The new meme coin project zoomed past the $1.6 million milestone just a week ago and has since raked in another $400,000 from investors eager for the launch of its staking protocol that lets them stake all their favorite meme coins together. Called “MemeVault,” the first-of-its-kind unified staking platform promises substantial passive income returns, allowing investors to enjoy rewards beyond recent capital gains – all without the hassle of navigating multiple staking protocols. Investors who have collectively contributed to Crypto All-Stars’ funding milestone appreciate this convenience and see a future where meme coins intertwine seamlessly with the fabric of Web3. Currently, $STARS is available at its presale price of just $0.0014828. However, there’s a two-day window to purchase it...

Shiba Inu (SHIB) to Hit 5 Cents, Top Bitcoin Analysts Predict

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The Shiba Inu (SHIB) community has been looking forward to reaching the one-cent milestone. However, certain investors and analysts seem to have bigger dreams for the meme coin. Bitcoin analysts Yazan XBT and Jason Williams believe that SHIB can reach the 5-cent mark. At press time, SHIB was trading at $0.00001336, having risen 2.21% over the past 24 hours. This means the asset will need to rise by nearly 374,151.5% to hit the 5-cent mark. Also Read: Lloyds Bank Says Customers Spend Millions on Products That Never Arrive Predictions And Possibilities For Shiba Inu’s Price Surge Source Even though this seems far-fetched, history suggests otherwise. In less than a year following the 2020 Bitcoin halving, the price of Shiba Inu surged by 884,400%. Also Read: BRICS: Chinese Yuan Beats Euro To Become the Second Most Used Currency Here’s When Shiba Inu Will Hit 5 Cents Williams claims that if Bitcoin surged to $250,000, Shiba Inu might reach $0.05. Yazan, however, contended that if Bitc...

Dogecoin Price Prediction Today, November 4, 2022: DOGE/USD Pushes Higher from 38.20 Fib Level

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Join Our Telegram channel to stay up to date on breaking news coverage Dogecoin has created a significant opportunity for new traders to join the train and as well make a good profit from their trading. This can be observed as price action in the DOGE/USD market has retracted lower but stays well positioned for a more upside move. DOGE’s Forecast Statistics Data: Dogecoin price: is $0.1284 DOGE’s market capitalization : $17.70 billion Dogecoin circulating supply:  132.67 billion Dogecoin overall supply: 132.67 billion DOGE Coinmarketcap ranking: #8 Major Levels: Ceiling Level: $0.1284, $0.1300, $0.1320 Floor Levels: $0.1264, $0.1250, $0.1230 Dogecoin Price Prediction Today, November 4, 2022: DOGE/USD Starts an Upward Correction Looking at the DOGE/USD price action via a daily chart one can see that the latest price candle here is bullish. Consequently, this reveals the activities of the buyer. More interestingly, one can observe that this price cand...