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The XRP price dropped by a fraction of a percentage in the last 24 hours to trade at $0.5158 as of 11:47 p.m. EST on trading volume that dropped 8% to $1 billion. This comes as 10X Research head of research Markus Thielen says that the era of 100X returns may well be behind us. Thielen says that the high-risk, high-reward theory of altcoins might be changing as a result of weak narratives driving the crypto market. Still, according to Santiment, Ripple whales (addresses with holdings ranging from 1 to 10 million XRP) have increased their holdings by 60 million $XRP in May. Such whale activity occasionally indicates bullish sentiment towards altcoins. XRP Price Set To Soar Over The Consolidation Channel XRP Price Chart. Source: GeckoTerminal The XRP price has been on a downtrend, breaching the $0.59 support on April 12, dropping further down to the next support region around $0.47, data from GeckoTerminal shows. There has been a struggle for dominance between the bulls a

The Ondo Finance price surged 15% in the past 24 hours to trade for $0.8481 as of 04:20 a.m. EST on trading volume that surged 95%. It comes as the Bitcoin price continues to show strength, with Real World Assets (RWA) tokens such as ONDO and Polymesh (POLYX) benefitting from spillover capital flows. RWAs tokenize established commodities from traditional finance and bring them over into the DeFi space using blockchain technology. Some analysts have identified a bullish pennant pattern on ONDO/USDT trading pair’s one-day timeframe. This technical formation precipitates a bullish breakout once activated. $ONDO Bullish Pennant Breakout is Confirmed on the Daily timeframe ✅ Expecting 2x Bullish Rally in Coming days.. ⌛️📈#Crypto #ONDO #ONDOUSDT pic.twitter.com/uk3WQQPdak — Captain Faibik (@CryptoFaibik) May 16, 2024 Besides broader market optimism instigated by the Bitcoin price, another factor influencing the Ondo Finance price is large holders’ activities. Accumulation from the t

The Maker price prediction sees a 4.69% price increase over the past 24 hours of trading as the cryptocurrency touches the $2805.2 Level. Maker (MKR) Price Soars 20% After Founder Sells 12 Billion SHIB & 75K LDO In a volatile crypto market, Maker’s native token, MKR, surged nearly 20% after co-founder Rune Christensen exchanged large amounts of Shiba Inu (SHIB) and Lido DAO (LDO) tokens for MKR. This significant asset swap boosted MKR’s value both on the Ethereum platform and in the wider cryptocurrency market. Maker Prediction Statistics Data: Maker price now – $2803.1 Maker market cap – $2.59 billion Maker circulating supply – 925.4 thousand Maker total supply – 977.6 thousand Maker Coinmarketcap ranking – #45 MKR/USD Market Key Levels: Resistance levels: $4000, $4200, $4400 Support levels: $1600, $1400, $1200 MKRUSD – Daily Chart MKR/USD is at the moment seeing a 4.69% price increase since the past 24 hours, climbing from $2681.8 to $2805.22. Maker could experien

May 15, 2024 at 14:07 // Price Author Coin Idol The price of Dogecoin (DOGE) has risen above the 21-day SMA for the second time, resuming its upward momentum. Price Analysis by Coinidol.com. Long-term forecast for the Dogecoin price: bearish During the rise on May 4, the price of the cryptocurrency broke above the moving average lines but was stopped at the 50-day SMA. DOGE fell below the moving average lines and resumed its uptrend. On May 13, the altcoin rebounded after breaking above the 21-day SMA. The positive momentum is likely to reach the top of the 50-da

Robinhood Crypto has announced launch of Solana (SOL) staking for its customers in Europe. New customers will also enjoy a 10% bonus on net buys. Robinhood is expanding its services and products for users in Europe. On Wednesday, the trading platform announced it was launching new features that include Solana (SOL) staking, localized apps and crypto rewards among others. The new features will target new customers, Robinhood Crypto said in an update. Robinhood launches SOL staking in Europe As part of its growth efforts, Robinhood Crypto now offers its “first-ever crypto staking product”. The platform said Solana (SOL) staking is now available directly via its app, which means users can earn rewards from their staked SOL tokens. The product will offer the flexibility of users being able to unstake at any time. “ Robinhood Crypto is already one of the lowest cost places to trade on average with an easy-to-use interface that prioritizes education. Today’s

The Commodity Futures Trading Commission (CFTC) has fined crypto trading firm FalconX a total of $1.7 million. CFTC said the penalty relates to the Seychelles-based brokerage platform’s failure to register as futures commission merchant (FCM). In a press release, the Commodity Futures Trading Commission (CFTC) notes that the filing and settling of charges against Falcon Labs marks the first such action against an unregistered crypto derivatives exchange provider. The CFTC alleged in its filing that FalconX illegally offered its crypto derivatives products to US customers between October 2021 and March 2023. Acting as an intermediary, the platform created accounts and sub-accounts for customers in the US, bypassing KYC requirements. It’s only after the CFTC filed its complaint against Binance and former CEO Changpeng Zhao that Falcon Labs improved its customer-identifying processes. CFTC fines FalconX, issues cease & desist order Following this developm

The Bitcoin market has had a solid recovery to the $60,000 level is promising, yet it suggests that BTC’s range-bound behaviour may persist for a while. Traders typically favour a trending market over a range-bound one. In times of uncertainty regarding the next directional move, traders often withdraw from the market, which appears to be the current situation with Bitcoin. Research firm Santiment attributes Bitcoin’s reduced on-chain activity to “fear and indecision,” noting that this does not necessarily imply a further decline in Bitcoin’s value. The consolidation phase of Bitcoin presents opportunities for investors to accumulate more Bitcoin. Japanese investment firm Metaplanet revealed a “strategic shift” in its treasury management, adopting a Bitcoin-only strategy in response to the continued depreciation of the Japanese yen. Metaplanet announced the acquisition of 117.7 Bitcoin at an average price of $65,000. Daily cryptocurrency market performance. Sou

Artificial intelligence technology giant OpenAi shared its spring update Monday, which announced the latest model of their AI software, GPT-40. The launch also comes with new updates and more tools for ChatGPT-free users. We're opening up access to our new flagship model, GPT-4o, and features like browse, data analysis, and memory to everyone for free (with limits). https://t.co/H2dB6w7Ynz — OpenAI (@OpenAI) May 13, 2024 Sam Altman , Open AI ’s CEO, shared information during a company livestream about the new GPT-4o model. In a thread on X, Altman states “Our new model: GPT-4o, is our best model ever. it is smart, it is fast, it is natively multimodal, and it is av AI lable to all ChatGPT users, including on the free plan!” The software has previously been av AI lable for p AI d customers, but now will be av AI lable for all users for free. The live stream also introduced a new desktop app and UI for ChatGPT . “In the API, GPT-4o is half the price AND twice as fast as

BSP approves pilot for PHPC, a Peso-backed stablecoin, in collaboration with Coins.ph. Sandbox testing to evaluate PHPC’s real-world performance and impact on local fiat ecosystem. Transition to real-world usage subject to final evaluations and approvals by central bank. The digital currencies landscape in the Philippines is set for a major shift after the country’s central bank, Bangko Sentral ng Pilipinas (BSP), granted approval for the commencement of a pilot program for a Philippine Peso-backed stable coin (PHPC). BHP’s move signals a progressive step towards exploring the potential of blockchain technology and stablecoins in the nation’s financial ecosystem. Sandbox testing to evaluate PHPC’s viability The pilot program, conducted within the framework of BSP’s Regulatory Sandbox, will see the collaboration between the central bank and crypto wallet provider Coins.ph. #ICYMI: #CoinsPH has been granted @bangkosentral (BSP) approval to pilot PHPC, a

The Ready To Fight price has surged 36% in the last 24 hours to trade at $0.1811 as of 7 p.m. EST. CoinMarketCap describes RTF as “the first SocialFi app for the $10 billion boxing industry led by Oleksandr Usyk and powered by the WBC [World Boxing Council], in strategic collaboration with Riyadh Season (and backing from the Saudi Arabian government) and the Saudi Arabia Boxing Federation.” The project aims to bring together the 50 million boxing community and merge it with Web3.0. Ready To Fight Price Continues The Rally Above Within A Rising Channel After a prolonged consolidation phase, the price of RTF found anchor support on the $0.1210 support zone, helping the bulls propel the price to the $0.1970 resistance level within a rising channel.  RTFUSDT Analysis . Source: Tradingview.com Despite a recent correction by the bears, the bulls are poised to drive the price higher to push the price above the $0.1970 mark, indicating a bullish trend continuation.  The daily technic

Catwifhat, a new project on the Solana blockchain, is currently witnessing a surge in value, with its price skyrocketing by 272% in the last seven days. The project’s unique name, reminiscent of the popular dogwifhat (WIF) memecoin on the same blockchain, though with a markedly lower market cap than $WIF, suggests that $CWIF could potentially experience more significant price surges when the meme coin bull run returns. Catwifhat Harnessing Solana Token Extensions for Value and Adoption Catwifhat gained traction as a deflationary meme coin within the Solana community in early 2024, following airdrops to over 1.3 million holders. This digital currency utilizes Solana Token Extensions, a unique mechanism in which 4% of all $CWIF tokens are automatically burned from each on-chain transaction. This approach not only reduces the total supply over time but also has the potential to enhance the token’s value, making it an attractive asset for investors. The incorporation of Solana Token E