XRP Price Set To Surge Amid Heightened Whale Accumulation
Things seem to be going well for XRP at the moment, and the cryptocurrency appears to be well positioned to make gains in the market. The price of XRP had an incredible rally yesterday as news broke of the US Securities and Exchange Commission withdrawing its case against Ripple Labs’ executives Brad Garlinghouse and Chris Larsen. In addition to this, on-chain data has shown investors accumulating XRP in anticipation of a continued bull run. Related Reading: Stacks (STX) Rockets 26% Higher In A Single Week: The Factors At Play Smart Money Holders Accumulating Rapidly XRP jumped 10% in 24....
Related News
Dogecoin is grabbing headlines and speculation from its wide community of investors after a recent whale accumulation from a crypto exchange. On-chain data shows an accumulation trend from this whale, with the latest being the acquisition of 300 million DOGE tokens worth $45 million at the current market price. These speculations have led to theories […]
Over the last few weeks, there has been a clear accumulation trend among Ethereum holders. ETH had spilled out of exchanges at a high rate, following the same movement of BTC out of exchanges. The volume of ETH pointed toward whales taking large positions in the digital asset. The result of their accumulation is now […]
Ethereum (ETH) has so far relatively underperformed in comparison to the flagship cryptocurrency Bitcoin. However, that could change soon enough as a crypto analyst has predicted the second-largest crypto token by market to gain some momentum soon enough. Ethereum To Hit $1900 In a post shared on his X (formerly Twitter) platform, prominent crypto analyst Ali Martinez mentioned that Ethereum could rise to as high as $1,900. His prediction was based on data that he had pulled up from the chart which he shared in his post. Related Reading: XRP Price Set To Surge Amid Heightened Whale....
ETH price reached a new 2-month high of $1,919 as institutional inflows saw seven straight weeks of inflows even when Bitcoin has seen a net outflow in the same period. The Goerli testnet was successfully merged to the proof-of-stake (PoS) network, marking the final step before Ethereum’s mainnet transition. The triumphant final testnet merger means the mainnet transition slated for Sept. 19 could go as scheduled.Goerli is the third and final testnet after Ropsten and Sepolia that makes Ethereum's final rehearsal before its official transition to the PoS network.BREAKING: The Goerli....
For the first time since 2017, Bitcoin price pushed above $19,000, and multiple indicators suggest the rally may continue. The price of Bitcoin (BTC) hit $19,000 on Nov. 24 for the first time since the historic rally in December 2017. Three key reasons are behind the dominant cryptocurrency’s strong momentum.The main factors buoying BTC’s ongoing rally is whale accumulation, decreasing exchange supply and explosive volume trends.BTC/USD weekly chart (Bitstamp). Source: TradingviewWhales are still accumulating BitcoinAll throughout November, Cointelegraph reported that whale clusters were....