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Altcoins News
Bitcoinist
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XRP Price Prediction: Ripple Expects More Hurdles from the SEC, Traders Hedge with this $0.03 Altcoin for 3,000% Profits
- The SEC has appealed the ruling that XRP is not a security, causing the XRP price to plummet.
- Investors are turning to RCO Finance (RCOF), an Ethereum altcoin, as an alternative investment.
- RCOF has gained attention and secured $2.79 million in funding during its presale.
- RCOF is seen as a safe investment and is expected to surge 3,000% by Q4 2024.
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TronWeekly
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XRP Set to Disrupt Massive $5 Trillion Derivatives Market
- Ripple is speculated to be eyeing the $5 trillion derivatives market.
- Ripple's smart contract platform, Codius, may play a crucial role in this strategy.
- Integration of Ethereum-based smart contracts on the XRP Ledger could enhance XRP's utility.
- Speculation about Ripple's long-term goals has sparked excitement in the XRP community.
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Newsbtc
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Bitcoin Price Surge In 2024 Not Enough To Beat Gold’s Risk-Adjusted Returns – Details Here
- Goldman Sachs report states that Bitcoin's price surge in 2024 was not enough to beat gold's risk-adjusted returns.
- Bitcoin saw significant gains in 2024, surging from $42,000 to $73,000, but its volatility overshadowed its price performance.
- Gold, with a risk-adjusted return of 3% and strong gains of 28%, reaffirms its position as a safe haven asset.
- Analysts have differing opinions, with some predicting that Bitcoin will outperform gold in the future, while others believe gold will remain irreplaceable.
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TronWeekly
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Ethereum Whale Dumps Massive 5,000 ETH: $113 Million Sold in Weeks
- Early Ethereum ICO whales are actively selling off large portions of their ETH holdings.
- One whale sold 45,000 ETH in the past two weeks at an average price of $2,516.
- Dormant Ethereum wallets are reactivating, potentially signaling a broader trend among early investors.
- These moves by Ethereum’s early investors could have major implications for market sentiment and ETH’s future price direction.
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Cryptoticker
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Sudeng (HIPPO) Coin Price Skyrockets by 103%
- Sudeng (HIPPO) Coin has surged 103% in the past week, catching the attention of investors in the crypto world.
- The current price of Sudeng (HIPPO) is at $0.015654, with a market capitalization of $156.54 million and a market dominance of 0.01%.
- Sudeng's rise in popularity is due to the meme culture surrounding the baby hippo known as Su Deng and the project's community-driven nature.
- The coin's viral marketing and charitable contributions to wildlife causes like Khao Kheow Open Zoo have increased its market cap and investor interest.
- Sudeng (HIPPO) Coin benefits from the broader memecoin frenzy happening on the SUI blockchain, which is pushing the price of associated tokens upward.
- The coin's partnership with ZOO further solidifies its place in the memecoin ecosystem, strengthening investor confidence and encouraging further market participation.
- Sudeng (HIPPO) Coin is positioned for upward momentum as the broader SUI ecosystem continues to grow and new investors seek early opportunities in the memecoin space.
- The question of how high Sudeng (HIPPO) Coin can go largely depends on how well it can maintain its current narrative and community engagement.
- Despite being less than a month old, HIPPO has already achieved a market capitalization of $162 million, indicating substantial early investor interest.
- Sudeng (HIPPO) is facing potential risks of volatility; however, its strong liquidity, viral appeal, and market momentum suggests continued rise in the near future.
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Bitcoinsensus
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Ripple Won a Major Financial Award, But XRP Struggling
- Ripple has won the Best Cross-Border Payment Platform award at the Juniper Research's Fintech & Payments Awards, surpassing competitors including Boku and Huawei.
- Despite this achievement, Ripple's cryptocurrency, XRP, continues to struggle and is currently trading at around $0.53.
- Ripple's success in winning the award demonstrates the company's broader initiatives and resilience in growth beyond its individual assets.
- Despite the ongoing SEC litigation and the decline of XRP, Ripple remains focused on entering new markets, developing new products like RLUSD stablecoin, and contributing to the development of Web3.
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Newsbtc
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Shiba Inu Earns Recognition For Charitable Contributions – Impact On Price
- Shiba Inu (SHIB) has been recognized as the most donated meme coin for charitable causes.
- Ethereum co-founder Vitalik Buterin praised meme coins for their charity contributions, including SHIB.
- Shiba Inu leads among meme coins in terms of philanthropy, according to crypto expert Del Crxpto.
- Technical analyst Charting Guy predicts a possible price spike for SHIB based on breakout and backtest signs.
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Coinpedia
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Top Altcoins to Rally? BNB and OKB Target Bullish Breakouts
- CEX tokens are preparing for the next stage amid increasing volatility in the altcoin market.
- OKB token shows a bullish breakout, marking a trend reversal amid the volatile altcoin market.
- BNB price action reveals a short-term recovery and an ascending triangle pattern.
- BNB's possibility of an overhead breakout has increased significantly.
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TheNewsCrypto
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FTX Token Drops 10% as Former Executive Begins Prison Term
- The FTX token recorded a 10.18% drop in price in the last 24 hours.
- Former FTX executive Ryan Salame began his prison term on October 7.
- The FTX token showed significant drops, trading at $2.24 after starting the day at $2.48.
- Ryan Salame, the former FTX executive, pleaded guilty to unlawful campaign donations, receiving a prison sentence of seven and a half years.
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Coinpedia
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Will Canary Capital ETF Filing be the catalyst for the XRP Price to Rise above $0.65?
- The filing of XRP ETF by Canary Capital Group has created bullish waves in the market.
- XRP price is tightly consolidating within a narrow range, indicating a potential major price action.
- Market sentiments are not favoring a bullish trend for XRP in the short and long term.
- XRP price may undergo further corrections before experiencing an elevated phase.
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Coinpedia
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This Altcoin May be in Danger-Bears Preparing for Major Shift-Here’s What to Expect
- Solana price facing selling pressure and restricted rally below resistance
- Recent pullback of Solana price a matter of concern as bulls remain passive
- Nearly $100 million bridged to Solana from other chains in the past seven days
- Solana price expected to maintain horizontal consolidation before potential breakout
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Coinpedia
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Canary Capital Joins XRP ETF Race With US SEC Filing
- Crypto investment firm, Canary Capital, has filed for a spot XRP ETF with the US SEC.
- The ETF, named Canary XRP ETF, allows investors to access XRP through a traditional brokerage account.
- The founder of Canary Capital, Steven McClurg, was the former CIO and Co-founder of Valkyrie Fund.
- Despite the filing, XRP's price remains unchanged and has experienced a modest decline in the past 24 hours.
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Bitcoinist
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Experts Identify the Underdog Cryptocurrency Set To Outperform Dogecoin (DOGE), Shiba Inu, And PEPE Combined
- ETFSwap (ETFS) is emerging as the underdog cryptocurrency set to outperform Shiba Inu, Dogecoin, and PEPE combined.
- The excitement for ETFSwap is fueled by its advanced infrastructure, cutting-edge utilities, and groundbreaking features built on the Ethereum blockchain.
- The platform offers superior technology infrastructure, advanced security measures, tokenized assets, staking mechanisms, and participation in liquidity pools.
- Experts believe that ETFSwap has the technological edge and growth potential to deliver exponential returns, making it a lucrative alternative to Shiba Inu, Dogecoin, and PEPE.
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Bitcoinist
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Solana, XRP Record Inflows From Institutions As Bitcoin, Ethereum Bleed, What’s Going On?
- Investment funds based on altcoins like Solana, XRP, Cardano, and Litecoin witnessed inflows, while Bitcoin and Ethereum saw outflows from institutional investors.
- Crypto investment funds recorded an outflow of $147 million last week, mainly driven by outflows from Bitcoin and Ethereum products.
- Altcoins like Solana, XRP, Cardano, and Litecoin defied the trend and experienced positive inflows from institutional investors.
- Multi-asset products and Short Bitcoin products received notable inflows, while BNB recorded a net outflow.
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TheNewsCrypto
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Shiba Inu’s Charitable Edge: Analyzing SHIB’s Philanthropic Impact
- Shiba Inu (SHIB) is identified as the leading meme coin for charitable donations.
- Vitalik Buterin praises meme coins' charitable initiatives and suggests DAO involvement.
- SHIB gains recognition for donations to ALS research, pandemic relief, and political fundraising.
- The Kamala Harris campaign accepts SHIB donations for the November election.
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