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In a recent significant development, a US judge handed down a ruling that determined Ripple ’s XRP should not be classified as a security. However, the lawsuit still keeps dragging on with no proper closure date. As a result of this pivotal decision, the price of XRP experienced a remarkable surge in the market. Nevertheless, the surge was short-lived. XRP’s price has not been as high as other altcoins. However, alongside the recent surge of BTC above $64,000, altcoins are putting out a notable surge. XRP is no exception, as it has breached the crucial 40.6 resistance. Also read: Dogecoin Surges 31%: Can DOGE Reach $1 in 2024? XRP is trading at $0.6005, with a 3.9% surge in value over the past 24 hours. XRP is up 11% over the last 7 days and 12.4% in the last 30 days. Here is our price prediction for Ripple XRP and whether it can hit $1 soon. Source: CoinGecko Can XRP hit $1 soon? Cryptocurrency experts at Changelly have given their price prediction for...

Leading US crypto exchange Coinbase crashed as Bitcoin pumped to the highest level since late 2021, with CEO Brian Armstrong attributing the issue to a surge in trading volume. The outage happened as BTC soared to $64,000 on Feb. 28 for the first time since November 2021. We are dealing with a LARGE surge of traffic – apologies for any issues you encounter. The team is working to remediate. — Brian Armstrong 🛡️ (@brian_armstrong) February 28, 2024 The Coinbase customer support team acknowledged the glitch, saying it led to some users falsely seeing zero balances in their accounts. Other customers also experienced errors when buying and selling. According to Armstrong, the exchange “had modeled a ~10x surge in traffic and load tested it,” but yesterday’s volume exceeded even that. ”It’s expensive to keep services over-provisioned,” he said. “But we’ll need to keep working on auto-scaling solutions, an...

The Bitcoin price rose 10% in the last 24 hours to trade at $62,125 as of 00:14 a.m. EST on trading volume that surged 133% to $92 billion. The surge in activity helped trigger a crash at top crypto exchange Coinbase , where some users encountered zero balances in their exchange accounts, prompting an investigation by the platform.  We are aware that some users may see a zero balance across their Coinbase accounts & may experience errors in buying or selling. Our team is investigating this & will provide an update shortly. Your assets are safe. You can track this incident at https://t.co/a3pl4WiDhZ — Coinbase Support (@CoinbaseSupport) February 28, 2024 Brian Armstrong, the CEO of Coinbase, said the issues were due to an unexpected surge in traffic as he apologized to affected customers for any inconvenience caused. We are dealing with a LARGE surge of traffic – apologies for any issues you encounter. The team is working to remediate. — Brian Arm...

Sam Bankman-Fried (SBF) is asking the courts for a relatively lenient prison sentence on grounds that FTX customers will suffer no losses. SBF’s lawyers requested a sentence of between 63 and 78 months in a Feb. 27 filing, arguing that FTX was solvent at the time of its bankruptcy and that a recommendation by the Presentence Investigation Report (PSR) for 100 years prison time for their client is ”grotesque.” “The money was there—not lost,” the lawyers said. “The harm to customers, lenders, and investors is zero. Sam is a 31-year-old, first-time, non-violent offender, who was joined in the conduct at issue by at least four other culpable individuals, in a matter where victims are poised to recover—were always poised to recover—a hundred cents on the dollar.” FTX Was Solvent before Bankruptcy Earlier this month, FTX lawyers told a judge in Delaware that the exchange planned to reimburse all customers in full after the bankru...

Bitcoin (BTC), the leading cryptocurrency , propelled above the $60,000 threshold, sparking a significant uptrend in cryptocurrency prices and related equities. This surge represents a notable achievement as BTC reaches its highest valuation since November 2021, signaling a revival of investor confidence in the crypto sector. Bitcoin sustained its upward momentum, registering a 5% increase over the previous 24 hours and attaining a remarkable $1.2 trillion market capitalization. The surge in BTC’s value occurs amid a backdrop of growing optimism and heightened trading activity within the crypto market. Source Fear and Greed Dynamics A pivotal indicator influencing market sentiment is the fear and greed index, which serves as a barometer of investor psychology. On Wednesday, the index surged to 82, indicating extreme greed and reaching its highest level in over a year. Such heightened greed levels often precede market corrections, potentially signaling increased volatility...

A trader who accurately called Bitcoin’s (BTC) 2018 bear market bottom says he’s bullish on two memecoins. Pseudonymous analyst Bluntz tells his 240,800 followers on the social media platform X that the Solana (SOL)-based meme token dogwifhat (WIF) has been printing bullish higher low setups each time the asset completes a three-wave corrective move. Bluntz is a practitioner of the Elliott Wave theory, a technical Analysis approach that attempts to predict future price action by following crowd psychology that tends to manifest in waves. According to the theory, a bullish asset tends to witness a three-wave corrective move before the next leg up. Says Bluntz, “WIF has essentially been trading in a large accumulation base since inception, with constant impulsive rises and constant clear corrective three-wave moves back down, each time forming a higher low. Eventually, this base breaks out and moves higher and many will be surprised, but the si...

The distinctive feature of Green Bitcoin (GBTC) , which revolves around revenue generation through BTC price prediction, has garnered significant attention within crypto circles. One another major reason that it is making inroads within crypto circles is because it is a very eco-friendly project. With numerous investors actively participating in the presale, the project seems well-positioned to make a lasting impact on the cryptocurrency market.  Here, we delve into the unique aspect that enables users to generate income through accurate BTC price predictions. We also provide comprehensive information about the GBTC presale. Green Bitcoin Is Shaking Up The Crypto Market Green Bitcoin aligns with key trends in today’s crypto market by combining its presence in the crypto space, a commitment to eco-friendliness, and a focus on staking. This convergence gives rise to the concept of “Gameified Green Staking,” a design philosophy promising exponential rewards and p...

Cardano’s ADA price has been fluctuating this week, down around 2.5% to trade around $0.58. However, this minor pullback shouldn’t alarm ADA holders too much, considering some other major altcoins like AVAX, XRP, and SOL have dropped almost 10% in the same period. In the meantime, Galaxy Fox continues its fairly decent presale where they have sold over 2.7 million GFOX tokens, demonstrating strong interest from investors. The meme coin raised over $3.5 million so far in its presale event. Cardano (ADA) Price Action and Analysis So as mentioned, the ADA price did not change much in the last 7 days. In fact, the price is not far from its 2024 yearly high of around $0.63 set just a few days ago. Analyzing the ADA /USDT chart, we can see that the price has been trading in a sideways (parallel) channel since December (blue lines on the chart) between $0.45 and $0.67 (December high and 2023 high).  This neutral price pattern indicates market indec...

Considering the current market conditions, the quest to become a Ripple XRP millionaire demands a meticulous strategy and timely initiation. Amid the current market conditions, seizing the opportunity to acquire XRP today holds the promise of substantial gains. However, the question remains: how much XRP is needed to secure a million-dollar fortune? As of the latest market update, XRP is valued at $0.530. In addition, $621 million worth of Ripple coins was traded on exchanges within the past 24 hours. Amidst the ongoing predictions, $11.26, $28.20, and $56.55 are considered goals for the coin price. For aspiring Ripple millionaires eyeing $1 million for the designated price, the formula is clear: divide the desired target by the price. (1,000,000) divided by $11.26, $28.20, and $56.55. Also read: Cryptocurrency: 3 Coins That Could Surge in March How much XRP do you need to become a millionaire if the price hits $11.26? To determine the current cost of this strateg...

Assets in the Ethereum ecosystem and GameFi sector are currently on the rise. Their surging price coincides with the growing interest in crypto AI projects, which makes many wonder if they’re the next cryptocurrencies to explode. Today, Cardano, Immutable, Optimism, and a handful of cryptos set the pace for the market this week with impressive price actions. Several upcoming projects are also making notable progress as the market approaches the halving month. Next Cryptocurrency To Explode The Meme Kombat, which is only a few days away from its listing, is among the upcoming crypto projects to watch this season. The project combines the GameFi trend with innovative memecoin initiatives. It also leverages deflationary concepts to ensure a consistent increase in the value of its MK token. The overall outlook of the project appears promising, and a quick highlight of its performance is covered in the article. 1. Immutable (IMX)  The excitement surrounding the ETH price surg...

XRP’s weekly chart indicated seller exhaustion, suggesting a subsequent upswing. The RSI and AO readings on the 4-hour timeframe showed bearish momentum. A trendline breakout above $0.57 could drive XRP toward $0.65. According to analyst Ali Martinez, Ripple (XRP) could be on its way to $0.63 or rise higher to $0.65. Martinez mentioned this in a post on X. However, his opinion was not without reason. From the post he shared, the analyst pointed out that the observation from the Tom DeMark (TD)  Sequential was responsible for his stance. Despite the optimistic forecast, Martinez noted that there was a condition attached to it. According to him, XRP needs to close above $0.57 to validate the prediction. The TD Sequential indicator has issued a buy signal on the $XRP weekly chart, indicating potential bullish momentum. If #XRP manages a sustained weekly close above $0.57, it could be the catalyst for a push toward $0.63 or even higher, reaching $0.65. p...

Cardano (ADA) traded below $0.60 as a TD Sequential indicator flashed a sell signal. Crypto analyst Ali says this indicator previously saw bearish flips for ADA. ADA still eyes a run to the psychological $1 level. Cardano is trading near $0.60 on Saturday afternoon, about 1.3% up in the past 24 hours. However, with price dipping below the above area, its likely sellers could eye further moves amid broader crypto market correction . Analyst says ADA faces correction A sell signal in the form of a TD Sequential indicator on Cardano’s 3 day chart. That is the outlook crypto analyst Ali shared via X on February 23. In technical analyst s, the TD Sequential helps traders identify a potential reversal point in an asset’s market trend. With it, traders can pinpoint buy or sell signals – with this usually the case for token prices either reversing upward or downward. As the analyst notes, Cardano’s price has corrected downward on previous o...

Digital asset management giant Grayscale has submitted a proposal for a new privacy-focused exchange-traded fund (ETF) that involves the altcoin Zcash (ZEC). If approved, the Grayscale Privacy ETF’s investment portfolio will consist primarily of investments in data privacy solution providers, cybersecurity firms, blockchain-based privacy solutions and network security companies, according to an N-1A form filed with the U.S. Securities and Exchange Commission (SEC) on Tuesday. Though the fund will not invest in digital assets directly, it will devote 10% of its portfolio to the Grayscale Zcash Trust (ZCSH), a regulated financial product solely and passively invested in Zcash. The privacy-focused digital currency jumped more than 20% on the news, surging from trading around $24.24 to a high of $29.21. ZEC has since partially retraced and is trading at $26.89 at time of writing. In order to be eligible for inclusion in the Grayscale Privacy ETF’s investm...

Although many assets in the cryptocurrency market are slowing down their previously attained gains, some of them are poised for bullish breakout s, including Pepe (PEPE), one of the most popular competitors of another meme-based token, Dogecoin (DOGE). Specifically, Pepe seems to be preparing for a massive move upwards, which could see it surpass the first significant resistance level at $0.00000166, after which $0.00000274 could be the next step, according to the observations shared by crypto trading expert Ali Martinez in an X post on February 23. Pepe price action analysis and prediction. Source: Ali Martinez As it happens, the crypto expert’s most recent expectations arrive not long after he highlighted on February 10 that Pepe was showing signs of forming the right shoulder of a head-and-shoulders pattern on its 3-day chart alongside the TD Sequential indicator flashing a ‘buy’ signal within the same timeframe. Picked for you Early backers fund Flare, reducing li...

Injective unveils CW-404 standard with DojoSwap. CW-404 enables fractional NFT ownership, starting with the Sushi Fighter NFT collection. Aiming to attract Ethereum’s investment, Injective pioneers new blockchain standards. Injective, a Layer 1 blockchain, has unveiled its latest move in the world of digital assets with the introduction of the CW-404 standard . This development, in collaboration with decentralized exchange DojoSwap, aims to revolutionize the landscape of non-fungible tokens (NFTs) and token standards. CW-404 standard: fractional ownership to NFTs Injective’s CW-404 standard mirrors the highly acclaimed ERC-404 standard, known for its groundbreaking approach to NFTs on the Ethereum blockchain. CW-404 combines elements from the CW-20 and CW-721 standards, paving the way for fractional ownership of NFTs. This innovation makes NFTs more accessible to a wider range of users and unlocks a plethora of financial possibilities within the...

The Ethereum ecosystem has seen a remarkable price surge in the last 24 hours. ChainEx tops the trending cryptos on the Ethereum chain, and several other assets are printing thrilling performances. Moreover, today’s data shows ETH finally gaining grounds above $3000, a trend that’s sent the crypto market into a more bullish rally. The anticipated Dencun upgrade and other factors fuel the trends seen in the ETH chart. Most Trending Cryptos on Ethereum Chain Notwithstanding, several new crypto projects also ride the bull market and gain investors’ interest. eTukTuk, for example, recently surpassed the $1.2 million mark in its presale funding, reinforcing the prediction that it is one of the projects to watch this season. This article discusses the presale feat recorded by the token while also analyzing four tokens currently trending on the Ethereum chain. 1. ChainEx (CEX) Sitting above the trending coins on the Ethereum blockchain today is ChainEx, which has had a r...