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The XRP price soared 7% in the last 24 hours to trade at $3.34 as of 02:25 a.m. EST on trading volume that surged 20% to $23.9 billion. The surge propelled the Ripple token to a seven-year high above $3.3, which saw XRP reclaim its position as the third-largest cryptocurrency by market capitalization. XRP whales have accumulated over $3.8 billion worth of tokens over the past two months, which indicates strong institutional interest. XRP Price To Continue Soaring The XRP price chart reveals a clear bullish breakout after months of sideways movement and consolidation. XRP traded within a tight range between $2.00 and $2.772 for a significant period. This range served as a strong accumulation zone. The breakout above the $2.772 resistance level is a significant development, marking a new local high at $3.35 and signaling continued buying pressure, according to data from GeckoTerminal .  As a result of the breakout above the sideways movement, the Ripple token price has now c...

Sitting members of the U.S. House of Representatives and Senate have an informational edge over the public. Worse still, they regulate the very industries they so often invest in — and they tend to secure impressive returns for themselves in the process. The cryptocurrency space, however, is much less regulated on the whole — and politicians on Capitol Hill have a much smaller advantage when it comes to this asset class. But, with the outsized returns that cryptocurrencies have provided, it was only a matter of time before lawmakers began to dip their toes in the water, so to speak. In many ways, 2024 was a year of firsts — we saw the first congressional meme coin purchase from Georgia representative Michael Collins, who purchased Ski Mask Dog (SKI) in early December, as well as the first congressional purchase of XRP — which was executed by Pennsylvanian representative Guy Reschenthaler on December 11. ...

Robinhood (NASDAQ: HOOD) stock is back to a price last seen in September 2021, soaring above $45.81. This impressive comeback marks a new milestone for the fintech and trading platform, highly benefiting from renewed optimism on cryptocurrencies. Notably, HOOD closed the Wednesday session, on January 15, with a 30.31% premium from its initial public offering (IPO). The fintech launched itself to the United States stock market on July 28, 2021, trading at $38 per share. However, the following years after the IPO were truly challenging for Robinhood, going as low as $8 per share in multiple occasions, starting a shy recovery only in 2024. At $45.81 per share, HOOD is up 462% from its lowest price, thriving with strong momentum under price discovery. Picks for you Litecoin price prediction amid ETF hype 48 mins ag...

Stellar (XLM) has been quietly building momentum in the last 24 hours. Could Donald Trump’s impending inauguration be the catalyst it needs to reach new heights? As a vocal supporter of cryptocurrency, Trump’s policies are expected to have a significant impact on the industry. But what does this mean for XLM’s future prospects? XLM Key Statistics Current Price: $0.45 Market Cap: $13.8 billion Trading Volume (24h): $1.50 billion Circulating Supply: 4 billion XLM Total Supply: 50 billion XLM CoinMarketCap Ranking: #12 XLM has increased by 7% over the past week and 12% in the last month. Looking at historical data, the price of XLM on the last day of January was higher than the opening price six times out of 11, while in five out of 11 instances, the price was lower than the starting value of the month. XLM/USD Market Key Levels Resistance: $0.50, $0.63, $0.70 Support: $0.41, $0.33, $0.30 XLMUSD – Daily Chart Stellar  (XLM) is currently sho...

Dubai has announced the construction of a 17-storey Crypto Tower to adapt to the growing blockchain and Web3 technology. The Crypto Tower will boast 150,000 square feet of leasable space for the Web3 community to build projects. The United Arab Emirates is looking to leverage blockchain technology and make it a hub for all innovations. The UAE is in a race with the US to clinch the title of the world’s blockchain hub. Also Read: 2 Countries to Sign Defense Deals in Local Currencies, Ditch US Dollar Source: khaleejtimes.com The upcoming 17-storey Crypto Tower will be situated at the Dubai Multi Commodities Centre (DMCC) region. The DMCC is the city’s international business district that drives the flow of global trade. The free-trade zone will soon attract crypto businesses into its fold as the UAE encourages advancing blockchain tech. The construction of the ambitious project is expected to be completed in the first quarter of 2027. Also Read: Nvidia Stock (NVDA) Projected t...

A widely followed cryptocurrency trader is warning that several large-cap memecoins are printing bearish price patterns. The trader pseudonymously known as Altcoin Sherpa tells his 239,100 followers on the social media platform X that memecoins like Pepe (PEPE), Bonk (BONK) and dogwifhat (WIF) are printing lower highs and lower lows on their price charts. He suggests that top memecoins may still witness rallies over time, but they may not outperform the market like they did early last year. “Big-cap memes don’t look great overall, but this isn’t the place to be shorting in my opinion. PEPE [on the daily chart] has held up much better than BONK and WIF [on the three-day charts] but that’s probably more due to the SOL/ETH chart (ETH has outperformed SOL the last bit). Still apprehensive about how strong these will be later, but eyes on them. And by strong I mean lead like they did in Q1 2024. I know these are going to have their run/rotation...

Although Solana (SOL) has faced short-term bearish sentiment, struggling to establish its price above the $200 resistance, a trading expert suggests the cryptocurrency’s long-term technical setup points to the possibility of reaching $300 or even $400 in the coming months. Alan Santana stated that SOL’s technical setup “is screaming bullish,” noting that the asset has been trading within a consolidation range for 300 days, which he considers a strong foundation for the next major rally, according to his TradingView post on January 13. Solana price analysis chart. Source: TradingView Santana observed that Solana exhibited a bullish bias during this consolidation, with price action clustering near resistance levels.  Picks for you Sony’s blockchain Soneium launches amid controversy, ‘blacklisting memecoins they don’t lik...

Cardano (ADA) stands at a critical juncture, its price hovering at $0.91 amidst a sea of market uncertainty. Can ADA reclaim the coveted $1.00 threshold, or will bearish forces prevail? ADA Key Statistics Current Price: $0.91 Market Cap: $32 billion Trading Volume (24h): $1.45 billion Circulating Supply: 35 billion ADA Total Supply: 45 billion ADA CoinMarketCap Ranking: #9 Cardano (ADA) has experienced a volatile ride, with its value plummeting 20.71% from its 30-day and 7-day highs. However, it has also shown resilience, surging 19.15% and 3.35% from its 30-day and 7-day lows, respectively. ADA/USD Market Key Levels Resistance: $0.94, $1.00, $1.10 Support: $0.78, $0.75, $0.70 ADAUSD – Daily Chart Cardano’s (ADA) current position at $0.91 reflects the persistent bearish sentiment that has engulfed the broader crypto market. The price hovers below the 20-day SMA as shown by the Bollinger Bands, signaling continued pressure from sellers. Should the price s...

The main goal of cryptocurrency is making profits. While some focus on blockchain innovation or changing society, most people aim to earn money. As the next bull market approaches, many are looking at projects with high growth potential. One of the top options is Flockerz (FLOCK). With only 9 days remaining for the Flockerz (FLOCK) presale to end, investors are hurrying to grab what might be the next big meme coin. Flockerz presale nears end: Early buyers eye big gains ahead of exchange debut The investment community is buzzing about Flockerz, a new “Vote-to-Earn” meme coin that has already raised $9.7 million in its ICO. Late buyers still have a chance to grab this innovative token at its presale price of $0.0066883, but the price will rise as the presale nears its final stages. With only 9 days left, now is the time to act before $FLOCK hits exchanges, where demand could drive up the price. To join the $FLOCK, visit the official Flockerz website. Investors can conne...

Spot bitcoin ETFs have attracted massive investor interest, with total net inflows reaching $36.2 billion. iShares Bitcoin Trust dominates the market with unprecedented growth, reaching $52.9 billion in assets. The success of Bitcoin ETFs demonstrates growing institutional acceptance and mainstream adoption of cryptocurrency investments. Market sentiment remains bullish despite Grayscale Bitcoin Trust experiencing significant outflows of $21 billion. New cryptocurrency listings are leveraging this institutional momentum to attract investors through innovative Features . The market’s response to ETFs has created optimistic conditions for launching digital asset products. New Cryptocurrency Releases, Listings, & Presales Today SōzōAI introduces AI-powered trading tools with seamless Solana integration for efficiency and low fees. Cryptax AI simplifies DEX users’ tax compliance with automated transaction tracking and detailed reporting tools. Ceranos Finance b...