Sam Trabucco, the former co-CEO of Alameda Research and a close associate of FTX founder Sam Bankman-Fried, has reached a preliminary settlement with the creditors of the now-defunct cryptocurrency exchange. In a proposed agreement, Trabucco agreed to relinquish several high-value assets to help repay the bankrupt firm’s debts. The Settlement...
XRP at $2 Before 24’s End or the Bears Will Retake Control? (Ripple Price Predictions)
TL;DR XRP saw strong gains in the last 24 hours, with analysts suggesting it could follow Dogecoin’s recent rally toward higher targets. The SEC lawsuit adds uncertainty to the asset’s performance, but Trump’s win has raised hopes for drastic changes at the regulator. XRP to Cope DOGE’s Rally? Many leading...
Ethereum Foundation Resumes ETH Selling Amid Price Rally
The Ethereum Foundation – a non-profit entity that supports the second-largest blockchain – sold 100 ETH for 334,315.7 DAI on November 12th. The sale represents the foundation’s first ETH transaction since releasing its 2024 report last week. Ethereum Foundation’s ETH Sales According to the popular blockchain analytics platform ‘Spot On...
Arthur Hayes Explains How Bitcoin’s Price Could Soar to $1M
Bitcoin (BTC) has been on a bullish price movement for over a week, fueled by Donald Trump’s presidential election victory. The leading cryptocurrency has unlocked multiple all-time highs (ATHs), tapping $90,000 earlier today. Arthur Hayes, the co-founder of the BitMEX crypto exchange, believes that the crypto asset could attain a...
Optimism (OP) Price Pattern Points to a Breakout, 340% Gains on the Horizon?
OP – the native token of one of the major layer-2 networks Optimism – has witnessed a more than 22% surge in the past week alone owing to the crypto market rally. At the time of writing, the asset is trading near $1.70 as it forms an ascending triangle pattern....
Optimism (OP) Price Pattern Points to a Breakout, 340% Gains on the Horizon?
OP – the native token of one of the major layer-2 networks Optimism – has witnessed a more than 22% surge in the past week alone owing to the crypto market rally. At the time of writing, the asset is trading near $1.70 as it forms an ascending triangle pattern....
Here’s When Ripple’s Stablecoin Is Expected to Launch: President Monica Long
TL;DR Ripple’s RLUSD stablecoin is in beta testing, with a launch pending regulatory approval. The team has picked Bitstamp, Bitso, Uphold, and others as exchange partners for the upcoming introduction. RLUSD’s Progress so Far Ripple made the headlines in April this year, announcing plans to introduce a stablecoin pegged 1:1...
Warped Games Announces Official Partnership with Mysten Labs to Build on Sui
[PRESS RELEASE – Wilmington, Delaware, November 12th, 2024] Expanding the Warped Universe with Mysten Labs and Sui Warped Games, an indie game studio consisting of web3 and veteran game developers who have a legacy in creating player-focused games like LEGO Universe, Jumpgate, and Dragons and Titans, is on a mission...
Ethereum Price Analysis: ETH Correction to $3K Incoming After Peaking at $3.4K?
The cryptocurrency market has seen a strong uptrend following President Trump’s election, with Ethereum experiencing a significant surge as buyers take control. However, the market now appears ready for a correction phase to allow consolidation before further gains. Technical Analysis By Shayan The Daily Chart The influx of new participants...
Ripple (XRP) Price Prediction for This Week
XRP’s price action turned bullish this week. Key Support levels: $0.54 Key Resistance levels: $0.68, $0.93 1. Key Resistance Under Pressure Ever since Bitcoin moved above $74К, the altcoin market has started to rally in double digits. XRP is no different and registered a 14% increase in the past seven...
