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According to companiesmarketcap.com, XRP is now the 100th largest asset in the world, with a market cap of $178.41 billion. XRP has overtaken BlackRock, the world’s largest asset manager, which has a market cap of $177.80 billion. The move is a significant milestone for the popular cryptocurrency. Source: companiesmarketcap.com Will XRP Climb To a New Peak After Overtaking BlackRock’s Market Cap? Source: Coin Edition While XRP’s market cap has hit a new milestone, the asset’s price has faced a sharp correction over the last few days. XRP climbed to a new all-time high of $3.65 on July 18. Since its peak, the asset’s price has fallen by 18.5%. XRP is also trading in the red zone in nearly all time frames. According to CoinGeck’s XRP data, the popular cryptocurrency is down 2.1% in the daily charts, 0.9% in the weekly charts, 9% in the 14-day charts, and 5.6% over the previous month. Despite the price dip, XRP has rallied by 389.2% since August 2024. So...

A zero-knowledge (ZK) proof altcoin is skyrocketing after gaining support from the top US-based crypto exchange platform, Coinbase. In a new announcement, Coinbase says it is adding Lagrange (LA) to its suite of products with an experimental label designated for low-liquidity tokens. “Lagrange is now live on [Coinbase] in the Coinbase iOS and Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” After the announcement, LA surged from a price of $0.253 on June 4th to a peak of $1.50 just a day later, a staggering 216% gain during the last 24 hours. According to its official website, Lagrange aims to enhance blockchain utility by providing an efficient platform for generating zero-knowledge (ZK) proofs, which can be verified as true without revealing the underlying information. “Lagrange’s ZK Prover Network is the foundational layer that offers universal proof ...

The world’s top crypto exchange by trading volume is listing two new decentralized finance (DeFi) altcoins. According to a new announcement, Binance is listing Maple Finance (SYRUP) and Kamino Finance (KMNO) with a seed tag applied. “Binance will list Maple Finance (SYRUP) and Kamino Finance (KMNO) and open trading for the following spot trading pairs at 2025-05-06 15:00 (UTC). New Spot Trading Pairs: SYRUP/USDT, SYRUP/USDC, KMNO/USDT, and KMNO/USDC.” Binance’s seed tag is a classification for cryptocurrencies that are in their early development stages and may not yet have a fully established product or user base. Said tokens tend to be highly volatile and carry greater investment risks compared to more mature assets. Maple Finance is a DeFi platform designed for institutional lending, providing accredited borrowers with fixed-rate loans that require substantial collateral. By leveraging blockchain and smart contracts, it aims to enhance ...

A widely followed crypto strategist and trader thinks that rallies are in sight for two altcoins amid upcoming catalysts. Pseudonymous trader Pentoshi tells his 847,800 followers on the social media platform X that he thinks the Ethereum (ETH)-based automated staking service Lido DAO (LDO) is gearing up for a steep move up. The analyst believes that traders will enter long positions on LDO amid speculations that US regulators will approve the staking of ETH held in spot Ethereum exchange-traded funds (ETFs). “LDO Probably violent repricing when the filings come in the next couple of weeks… If you believe ETH staking will be approved, then LDO is likely a great bet. So far, the price seems to be appreciating rapidly and has begun to start to price this in.”  Source: Pentoshi/X Looking at the trader’s chart, he seems to be targeting $3.612 for LDO. At time of writing, LDO is worth $1.95 Another altcoin on the trader’s radar is Ondo...

Despite all its efforts, Chainlink (LINK) failed to move close to its all-time high of $52.88. This peak was achieved back in May, about four years ago. The altcoin has been making news about its partnerships and increasing utility over the past year. Yet, the price of the asset remains rather bleak. While the year started on a good note for the asset, the community is expecting to see more from LINK over the next couple of days. Also Read: Trader Who Made Billions in 2008 Is Back—Betting on Market Swings Again Chainlink Shines Among The Rest Source: Crypto Valley Journal According to recent data from CoinMarketCap, the value of Chainlink’s LINK saw a notable rise over the past day. At the time of writing, LINK was trading at $23.81 after recording a 3.14% spike throughout the last 24 hours. Source: CoinMarketCap Also Read: VeChain (VET) Predicted To Hit $0.098: Here’s When A famous whale in the LINK market was making noise as prices began to rebound. According to recent reports, ...

The world’s largest crypto exchange platform by volume is launching futures trading for one under-the-radar altcoin that’s jumped 200% this month. In a new announcement, crypto exchange Binance says that it is launching futures contracts with up to 75x leverage for UXLINK, a decentralized social network using blockchain technology. “Binance Futures will launch the UXLINK/USDT perpetual contract… The maximum funding rate of the aforementioned perpetual contract at the time of launch is +2.00%/-2.00%. The funding fee settlement frequency is every four hours.” UXLINK is trading for $0.454 at time of writing, up 3x since September 1st when it was trading at $0.151. The project has a market cap of $78.684 million, making it the 453rd largest cryptocurrency. According to UXLINK’s white paper, the project aims “to be the largest social platform and infrastructure, focusing on authentic real-world, bi-directional connections....

A closely followed analyst and trader warns that Bitcoin’s (BTC) multi-month bull market may be hanging by a thread. Pseudonymous analyst Altcoin Sherpa tells his 219,700 followers on the social media platform X that he’s keeping a close watch on Bitcoin’s price action at around $58,000. According to the trader, an immediate move below $58,000 could spell trouble for the crypto king. “$58,000 would be the level of interest for me for BTC. Pulling back is expected; the reaction from that area should be telling. Bounce strongly = we test higher levels. Weak bounce or nonexistent= we go to hades.” Source: Altcoin Sherpa/X The crypto strategist updates his chart, saying that he’s seeing an encouraging response from BTC bulls. “Good reaction for BTC so far.”  Source: Altcoin Sherpa/X At time of writing, Bitcoin is trading for $59,604, up over 1% on the day. The analyst is also watching the recovery of Solana (SOL...

XRP has entered a strong correction cycle after testing a multi-year resistance trendline. Is the bull market on pause for now? XRP (XRP) price has dropped 18.5% from its local high of $0.67 on Nov. 23. And, it appears the cryptocurrency will suffer more selloffs in the coming weeks. XRP technicals hint at extended correction XRP has failed to break above a descending trendline resistance since January 2018. And, it fell short of logging a breakout above in November 2023, as well, illustrating a psychological selling pressure around the line. XRP/USD weekly price chart. Source: TradingView Each bearish rejection after testing the descending trendline resistance has historically resulted in a decline toward the ascending support trendline.  The downside target appears around $0.50, interestingly closer to XRP's 50-week (the red wave) and 200-week (the blue wave) exponential moving averages (EMA). Thus, XRP's price risks declining by 20% before 2024, if this fractal plays out...

Large and small-cap altcoins are flashing bullish signs as Bitcoin price holds above $37,000. Bitcoin (BTC) is on target to end the week with gains of about 6%, indicating continued demand from the bulls. MicroStrategy co-founder Michael Saylor said during a speech at the 2023 Australia Crypto Convention on Nov. 10 that Bitcoin’s demand on a monthly basis could surge between two to 10 times by the end of 2024. Additionally, the halving will reduce the supply by half. Saylor expects both these events will cause the price “to adjust up.”  With almost a general consensus that Bitcoin’s price will move higher in 2024, analysts are busy projecting how high the rally could reach. Using its Terminal Price on-chain indicator, Look Into Bitcoin creator Philip Swift said that Bitcoin could hit at least $110,000 in its next bull cycle. Crypto market data daily view. Source: Coin360 While Bitcoin continues to hog the limelight, several major altcoins have been charging higher. The broad-based cr...

Bitcoin’s break above $32,400 points to the continuation of the bull move, but will traders be able to sustain the current momentum? Bitcoin (BTC) easily soared above the $31,000 to $32,400 resistance zone on Oct. 23, which came as a suprise to many market participants. Usually, the price tends to consolidate or hesitate near stiff overhead resistance levels but that was not the case this time around. Market participants are bullish as they anticipate a Bitcoin spot exchange-traded fund to receive approval sooner rather than later. Bloomberg ETF analyst Eric Balchunas said in a post on X (formerly Twitter) on Oct. 23 that the listing of BlackRock’s spot Bitcoin ETF on the Depository Trust & Clearing Corporation (DTCC) was “all part of the process” of bringing the ETF to market. He added that it was “hard not to view this as them getting signal that approval is certain/imminent.” However, a DTCC spokesperson later said that the listing of the said ETF has been there since August an...

Celsius Sells Its Altcoin Assets Celsius has begun selling its altcoin assets, according to blSellsockchain analytics firm Lookonchain. The company has sold 1.27 million LINK tokens worth $8.5 million, 2.83 million SNX tokens valued at $7.84 million, 12,597 BNB tokens worth $3 million, 4.45 million 1INCH tokens amounting to $2.26 million, 8.53 million ZRX tokens worth $1.9 million, and 439,000 FTT tokens valued at $713,000. advertisement And 186,149 $BONE ($235K) was deposited into OKEx . FalconX started depositing altcoin s to Binance  for sale. – Lookonchain, July 17, 2023 On July 6, Lookonchain highlighted that Celsius appeared to be initiating the swapping of altcoin s for Bitcoin (BTC) and Ethereum (ETH). Most of the altcoin s were transferred to the wallet address “0x4131”. Additionally, Celsius transferred 1,393 StaFi tokens (rETH) to Wintermute Trading and received an equivalent amount of 1,393 ETH in return. ...