Demand for XRP is bouncing back on digital asset exchanges, according to crypto analytics firm Kaiko. After a long, drawn-out lawsuit with the U.S. Securities and Exchange Commission (SEC) that ultimately ended in the ruling that XRP sold on exchanges does not constitute a security, Kaiko says demand for XRP is back. “Since last year’s […]
The post Demand for XRP on Crypto Exchanges Rebounds to Pre-Lawsuit Levels: Kaiko Analytics appeared first on The Daily Hodl.
A prominent analytics firm says crypto traders are not rushing to accumulate the latest Bitcoin (BTC) correction. Santiment says on the social media platform X the crypto crowd is not opening their wallets to gobble up the marketwide dip. “With this dip being roughly on par with the one we saw in early July, the […]
The post Crypto Crowd Keeping Their Wallets Closed As Bitcoin Threatens To Move Below $60,000: Santiment appeared first on The Daily Hodl.
Seasoned trader Peter Brandt thinks one top-10 altcoin is flashing a massive bearish signal against Bitcoin (BTC). Brandt tells his 732,800 followers on the social media platform X that payments network XRP could be forming a head and shoulders (H&S) pattern against Bitcoin (XRP/BTC) on the weekly chart. A head and shoulders pattern is typically […]
The post Veteran Trader Peter Brandt Says Top-10 Altcoin Flashing Major Bearish Signal, Outlines Path Forward for Bitcoin appeared first on The Daily Hodl.
One widely followed crypto analyst says the native token of the XRP Ledger (XRPL) is on the verge of a rally. Crypto trader Ali Martinez tells his 68,700 followers on the social media platform X that XRP just needs to break through $0.90. “XRP has been consolidating within a symmetrical triangle for six years! A […]
The post Analyst Says XRP on Cusp of Bullish Breakout if It Can Break Through This Major Resistance Level appeared first on The Daily Hodl.
The crypto analytics firm Santiment outlined potentially bullish altcoins as digital asset markets ticked upwards on Friday. Santiment analyzes assets by their market value-to-realized-value (MVRV) Z-score, which aims to measure whether they are undervalued or overvalued. An asset tagged with a low MVRV Z-score is seen as undervalued while those with a high MVRV Z-score […]
The post Santiment Outlines Bullish Altcoins Amid a Blossoming Crypto Market – Here Are the Analytics Firm’s Picks appeared first on The Daily Hodl.
A closely followed crypto strategist says one under-the-radar decentralized finance altcoin looks ready for a big upside move. Pseudonymous analyst Credible Crypto tells his 403,900 followers on the social media platform X that he’s bullish on the native asset of the decentralized exchange and automated market maker Convex Finance (CVX). The trader shares a chart […]
The post Trader Says Explosive Move Around the Corner for DeFi Altcoin, Updates Outlook on XRP and Ethereum appeared first on The Daily Hodl.
The president of payments firm Ripple says the company is aiming to be the number one digital aset infrastructure provider for financial services. In a new company blog post, Ripple president Monica Long says the firm is looking at more opportunities to move the traditional finance (TradFi) world over to more modern financial tools. Long […]
The post Ripple Working To Bridge Gap Between TradFi and Web3, According to President Monica Long appeared first on The Daily Hodl.
The XRP Ledger (XRPL) has witnessed a surge in address activity this week, coinciding with a price pump for the crypto asset. The crypto analytics firm Santiment notes that the XRPL has recently seen a substantial amount of both new addresses created and total addresses interacting on the network, with both metrics hitting their highest […]
The post XRP’s Price Surges This Week As Network Witnesses Bubbling Address Activity: Santiment appeared first on The Daily Hodl.
Ripple has exited its positions in the crypto exchange Bitstamp, the money transfer firm MoneyGram and the cross-border payments company Tranglo, according to data from Crunchbase.
The post Ripple Withdraws Investments in Bitstamp, MoneyGram and Tranglo, According to Crunchbase appeared first on The Daily Hodl.
A California judge has dismissed a set of class-action claims against Ripple related to the sale of XRP, though she did send an individual case to trial. Bradley Sostack, a former XRP investor, launched a class-action lawsuit back in 2018, claiming Ripple illegally sold XRP as an unregistered security and violated advertising laws in California. District […]
The post California Judge Tosses Class Action Claims Against Ripple but Greenlights One Individual Case To Move To Trial appeared first on The Daily Hodl.
