Tag: Whales

Crypto, News

XRP Ledger Shows Varied Performance Amidst Ripple Co-Founder’s Significant Donation

From September 15 to October 15, 2023, the XRP Ledger displayed a nuanced performance across several key metrics. While new wallet creations surged by 10.39%, transactions and payments experienced a decline during this period. Notably, NFT and token trading saw a downturn, contrasting with a notable 17.64% increase in decentralized […]

Crypto, News

Ethereum Faces Pressure But Signals Of Movement Emerge Amid Short-Squeeze Risks

Ethereum’s price continues to face significant pressure, yet there are emerging signs of potential movement.  The total amount of ETH held in accumulation addresses has reached an impressive 19.2 million, indicating a strong interest among investors. Additionally, the latest trading day for ETFs recorded an inflow of $48 million, highlighting […]

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (October 22) – ETH Trades Above $2,700, Can It Break This Critical Resistance?

Ethereum is still struggling to overcome a critical resistance level despite recovering nicely in the past months. The price will remain trapped in a range until it finds a breakout. Since Ethereum found a local bottom at $2,111 two months ago, it has recovered notably and shown signs of reversal. […]

Market Analysis

JUPITER PRICE ANALYSIS & PREDICTION (October 21) – JUP Pauses At Critical Resistance Following 10% Gains, Incoming Break

After initiating a short pullback this week, Jup found support nearby and continued to show strength. It is negotiating the next major move as the price stalls near a two-month resistance, looking poise for a breakout. Crossing over into this month bearishly, Jup charted a loss for some days but […]

Crypto, News

Ripple Partners Announce Support For RLUSD Stablecoin, While XRP Smashes Transaction Records

Ripple has unveiled its first exchange and platform partners for the upcoming RLUSD stablecoin, which is set to launch on both the XRP Ledger and Ethereum. The list of partners includes notable names such as Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish. Additionally, market makers B2C2 and Keyrock […]

Crypto, News

Bitcoin Sees Surge In Active Addresses And Institutional Interest

Bitcoin has witnessed a notable resurgence in active addresses since September, marking a significant turnaround from a period of subdued performance. The metric for Bitcoin Active Address Momentum has surpassed both monthly and yearly moving averages, indicating a robust increase in user engagement and potential demand. Historically, such trends have […]