XRP hits 13-month high versus Bitcoin with 35% daily surge — But is a correct...
The XRP price rally appears to be driven by a "buy-the-rumor" frenzy in a potential lawsuit win for Ripple versus the SEC. XRP price posted a sharp rally against Bitcoin (BTC) on continued optimism about a potential settlement between Ripple, a San Francisco-based blockchain payment firm, and the U.S. Securities and Exchange Commission (SEC).Settlement rumors fuel XRP price boom On Sep. 23, the XRP/BTC pair surged to 0.00002877 — its best level in 13 months — from 0.00002132, a 35% price rally versus Bitcoin in one day. Meanwhile, the same timeframe saw XRP rising as much as 42% against....
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Eos rose by as much as 20% on Wednesday, as bulls continued to react to the news of its upcoming Yield+ incentive program. Today’s price surge comes despite the global cryptocurrency market cap falling by almost 2% as of writing. Tezos was also higher, hitting a two-month high on hump day.
EOS
EOS was one of Wednesday’s biggest movers, as prices of the token climbed by as much as 20%.
Today’s gains come three days after EOS began to accept registrations for its upcoming Yield+ incentive program.
The program, which is essentially a....
A surge in the demand for foreign exchange and the general scarcity of the resource may be the reasons why the naira currency recently slumped to a new all-time low of 735 versus the U.S. dollar, a report has said. One Nigerian currency dealer said he expects the naira to further depreciate to 750 per dollar in October.
Foreign Exchange Scarcity
On September 29, the Nigerian currency lost further ground versus the greenback after the naira’s parallel market exchange rate slumped to 735 units per dollar. The naira’s latest plunge came just days after the Central....
Shiba inu remained close to a three-month high to start the week, after breaking out of a key resistance level over the weekend. The surge of the meme coin came despite the crypto market mostly being in the red on Monday. Another token that rose during today’s bearish session was unus sed leo, which hit a two-week high.
Shiba inu (SHIB)
Shiba inu (SHIB) was a notable gainer to start the week, as the meme coin remained near to a three-month high.
Following an intraday high of $0.00001790 on Sunday, SHIB/USD rallied to a peak of $0.00001774 earlier in....
Tron rose to a one-month high in today’s session, hitting a key resistance point in the process. The surge in price comes despite cryptocurrency markets trading mostly lower on Monday. Another exception to this decline was maker, which remained close to an eight-week high. Tron (TRX) Tron (TRX) surged to a four-week high to start the week, hitting a key resistance point in the process. Following a low of $0.06234 on Monday, TRX/USD climbed to a peak of $0.06492 earlier in the day. This saw prices near a collision with a key resistance point of $0.06500, hitting their strongest....
A day after hitting a one-week high, dogecoin raced to a two-month high earlier in today’s session. Wednesday’s surge in price comes as the global cryptocurrency market was up by nearly 7% on the day. Cardano also traded higher, climbing by over 10% in the process. Dogecoin (DOGE) Dogecoin (DOGE) rose higher for a second straight session, as the token surged to a multi-month high on Wednesday. During today’s session, DOGE/USD surged to an intraday peak of $0.06868, which comes a day after it was trading at a low of $0.06062. Wednesday’s top saw the meme coin hit....