Chain News by Thebittimes.Com

XRP has maintained its recent bullish momentum after successfully breaching the $0.50 resistance, with an analyst noting that the token has the potential to sustain gains if certain level s are breached. According to an analysis by The Great Mattsby , shared in an X post on July 16, XRP is nearing a key resistance zone likely to influence its future trajectory.  This analysis is supported by chart readings that outline key technical indicators and potential price movements for XRP in the coming weeks. Picks for you If you invested $1,000 in BTC when Joe Biden said 'I don't have Bitcoin', you'd now have this much 2 hours ago Solana could surge to $174 as SOL flashes bullish signal 3 hours ag...

Loopring (LRC), a scaling solution that leverages its technology on the second layer of Ethereum (ETH), is one of the altcoins experiencing notable gains, in line with the prevailing bullish sentiment in the crypto market. Analysts are optimistic about the potential for continued upward momentum in LRC, supported by key technical indicators.  Particularly, in a TradingView post on December 10, crypto analyst AlanSantana underscored that Loopring is poised for a possible bullish explosion, potentially propelling the token to a 500% rally. According to the Analysis , optimism surrounds Loopring’s current momentum , highlighting a gradual build-up that lays the groundwork for a substantial upward movement. In this context, Loopring’s positive outlook extends across various time intervals, with the next target price likely to rise to $0.32, $0.43, and $0.53. Loopring price analysis chart. Source: TradingView “Loopring is just building momentum (slowly growing...

Binance settled with the SEC and a greed to pay $4.3 billion. Changpeng Zhao also a greed to step down as the CEO and pay $50M. Memeinator continued with its token sale as it raised over $1.4 million. The crypto fear and greed index remained in the green this week even as the industry went through severe challenges. Bitcoin surged to over $38,000 while crypto tokens like Superverse (SUPER), GameSwift, and EthereumPoW more than doubled. In all, the total market cap of all digital currencies approached the $1.5 trillion level. Binance and Kraken woes The crypto industry had several important events this week. It started with a major lawsuit brought by the Securities and Exchange Commission (SEC)  against Kraken , one of the biggest crypto exchanges in the world. The SEC alleged that the company operates as an unregistered securities exchange, putting millions of customers at risk. It also operates illegally, providing broker, dealer, and clearing...

The global crypto market has gained bullish momentum as investors hop on the “Uptober” bus — a bullish term used by traders. According to data provided by CoinMarketCap (CMC), the global crypto market capitalization has risen by 0.82% in the past 24 hours, reaching a six-week high of $1.09 trillion. The total market cap dropped to the $1 trillion mark on Sept. 12, marking a six-month low. The bullish momentum comes as traders believe that another bull run could soon be triggered in October. According to data provided by Santiment, the social volumes for terms like “Uptober,” “green,” and “Bitcoin 28k” have skyrocketed by the end of September. You might also like: FTX hacker moves $4.2m worth of ETH after months of inactivity Moreover, the majority of the discussions, per Santiment, come from Reddit and X (formerly Twitter).  Bitcoin (BTC) just reached a six-week high of around $28,310 earlier today and is trading at $27,707 at press time. The asset’s market cap i...