News with the tag "Crypto Bits"

TL;DR Around three-quarters of Binance Futures traders who have opened DOGE positions are expecting price gains in the near future. The overwhelming imbalance between long and short trades may signal a contrarian risk – when most bet up, the market might surprise with a move in the opposite directio...

TL;DR Ever since its official launch roughly a month ago, the PI token has gone through a volatile ride but the past week or so has been extremely painful. The project announced an important partnership in the past 24 hours – can it stop the substantial correction that pushed its price below $1? Rec...

TL;DR The XRP army got the news it was waiting for earlier this week, as company CEO Brad Garlinghouse triumphantly announced the closure of Ripple’s legal case against the SEC. With such a big burden behind it, how high can XRP go? Here’s what ChatGPT had to say. How High (XRP)? The native token of...

SOL’s price performance over the past 24 hours has been in line with that of the rest of the cryptocurrency market and remains largely in red. Let’s check out some of the more important Solana ecosystem news. Raydium launches Pump.Fun competitor Raydium – Solana’s most popular decentralized exchange...

TL;DR Ripple won the four-year legal battle against the SEC, expects an XRP ETF in the States, and a potential IPO in the country – but is the native token about to drop? A popular analyst with over 130,000 followers on X suggested that the trend might have changed. From Good to Better Everything se...

TL;DR Large investors purchased almost 200 million ADA in the past 24 hours, reducing the circulating supply and potentially setting the stage for a price spike. Cardano’s social sentiment has been highly positive lately, suggesting a bullish momentum could be just around the corner. Gearing up for ...

TL;DR The SEC dropped its appeal, seemingly marking the end of its lawsuit against Ripple, though certain legal matters remain unresolved. Lawyers debate whether Ripple should appeal its $125M fine, with some warning it could be a risky move. Was This The End? After more than four years of court bat...

TL;DR XRP supporters hope Paul Atkins’ eventual SEC leadership will bring a favorable resolution for the Ripple case, given his pro-crypto stance in the past. One legal expert predicts a settlement before April 16, while ongoing uncertainty continues to weigh on XRP’s price, currently down 33% from ...

TL;DR Large investors sold over $70M worth of ADA, increasing selling pressure and potentially triggering further declines. Analysts see $0.80 as key resistance, while a potential US SEC approval of a spot ADA ETF could fuel future gains. Whales are Cashing Out Cardano’s ADA attempted to get back on...

TL;DR SHIB’s former lead developer hasn’t posted on X since March 7, leaving some puzzled, though Shibarium’s marketing strategist reassures that Kusama is simply focused on ambassadorial duties. Many SHIB proponents remain optimistic, expecting major partnerships or developments once Kusama resurfa...