The money was intended to add to Bankman-Fried’s political influence and goodwill and did not benefit FTX or Alameda Research.
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XRP price can fall 40% by September — Fractal analysis
The double-digit percentage gains for XRP (XRP) this month may have reached the exhaustion point, reflecting the trends elsewhere in the cryptocurrency market.
This follows the euphoria surrounding Ripple's partial win versus the U.S. Securities and Exchange Commission, resulting in bullish calls for as high as $15 in the coming months.
Nonetheless, fractal analysis of XRP's recent candlestick and price momentum patterns hints that a sharp market correction is not off the table, particularly if history repeats.
Notably, certain XRP market signals preceded a 65% price decline in Q2, 2021. These are now flashing again, namely the multi-year descending trendline resistance and an "overbought" relative strength index (RSI), as illustrated below.
XRP/USD weekly price chart. Source: TradingViewThe descending trendline resistance (marked as "upper trendline resistance" in the chart above) has limited XRP's upside since January 2018. This price ceiling is helped by another horizontal trendline resistance (purple) near $0.93.
UK financial watchdog announces launch of permanent Digital Sandbox in August
According to the FCA, the sandbox will be open to businesses, start-ups and data providers, including those involved in banking, investment, lending and payments.
Bitcoin rejects at 21-day trendline — How low can BTC price go?
BTC price fails to protect the $30,000 mark after a brief resurgence, and Bitcoin traders are not confident of new highs.
Aptos' new user growth hits 900% after integration with social media app Chingari
Chingari started the migration to Aptos in July, seeking an enhanced experience for users following Solana's network outages in 2022.
7 most in-demand programming languages to learn
Stay ahead of the curve and develop in-demand programming skills with seven sought-after programming languages, including Python, Solidity, Rust and more.
US law protects institutions and exposes retail investors — Rep. Torres
New York Representative Ritchie Torres had an exclusive interview with Cointelegraph to discuss why retail investors are still at risk following the XRP court ruling.
US law protects institutions and exposes retail investors — Rep. Torres
New York Representative Ritchie Torres had an exclusive interview with Cointelegraph to discuss why retail investors are still at risk following the XRP court ruling.
Liquid staking claims top spot in DeFi: Binance report
A Binance spokesperson highlighted that there are things to be wary of when liquid staking, including smart contract vulnerabilities, slashing risks and price fluctuations.
Wolf Of All Streets worries about a world where Bitcoin hits $1M: Hall of Flame
Former globe-trotting DJ Scott Melker — The Wolf Of All Streets — worries about the circumstances leading to Bitcoin topping $1 million.
Wolf Of All Streets worries about a world where Bitcoin hits $1M: Hall of Flame
Scott Melker is the host of The Wolf Of All Streets Podcast and author of The Wolf Den newsletter.
“If I tweeted about a small cap [crypto] of some sort right now, the price would probably change by like 50%,” says Scott Melker, better known to his 904,800 Twitter followers as The Wolf Of All Streets.
Melker says he takes this responsibility seriously and won’t share tweets that might “impact the market” – but this makes Twitter “a lot more boring” from his end. In fact, Melker declares that Twitter “stopped being fun” when he reached 100,000 followers.
“That’s when I went through a phase of a real love-hate relationship with Twitter because that’s when I guess 10% of the people who respond to comments were trolling at any given time.”
All you can really post to 900,000 followers is “Bitcoin and inspirational quotes” because “everything else” will land you in hot water.
Wolf Of All Streets worries about a world where Bitcoin hits $1M: Hall of Flame
Scott Melker is the host of The Wolf Of All Streets Podcast and author of The Wolf Den newsletter.
“If I tweeted about a small cap [crypto] of some sort right now, the price would probably change by like 50%,” says Scott Melker, better known to his 904,800 Twitter followers as The Wolf Of All Streets.
Melker says he takes this responsibility seriously and won’t share tweets that might “impact the market” – but this makes Twitter “a lot more boring” from his end. In fact, Melker declares that Twitter “stopped being fun” when he reached 100,000 followers.
“That’s when I went through a phase of a real love-hate relationship with Twitter because that’s when I guess 10% of the people who respond to comments were trolling at any given time.”
All you can really post to 900,000 followers is “Bitcoin and inspirational quotes” because “everything else” will land you in hot water.
Wolf Of All Streets worries about a world where Bitcoin hits $1M: Hall of Flame
Former globe-trotting DJ Scott Melker — The Wolf Of All Streets — worries about the circumstances leading to Bitcoin topping $1 million.
Wolf Of All Streets worries about a world where Bitcoin hits $1M: Hall of Flame
Former globe-trotting DJ Scott Melker — The Wolf Of All Streets — worries about the circumstances leading to Bitcoin topping $1 million.
Wolf Of All Streets worries about a world where Bitcoin hits $1M: Hall of Flame
Former globe-trotting DJ Scott Melker — The Wolf Of All Streets — worries about the circumstances leading to Bitcoin topping $1 million.
Wolf Of All Streets worries about a world where Bitcoin hits $1M: Hall of Flame
Scott Melker is the host of The Wolf Of All Streets Podcast and author of The Wolf Den newsletter.
“If I tweeted about a small cap [crypto] of some sort right now, the price would probably change by like 50%,” says Scott Melker, better known to his 904,800 Twitter followers as The Wolf Of All Streets.
Melker says he takes this responsibility seriously and won’t share tweets that might “impact the market” – but this makes Twitter “a lot more boring” from his end. In fact, Melker declares that Twitter “stopped being fun” when he reached 100,000 followers.
“That’s when I went through a phase of a real love-hate relationship with Twitter because that’s when I guess 10% of the people who respond to comments were trolling at any given time.”
All you can really post to 900,000 followers is “Bitcoin and inspirational quotes” because “everything else” will land you in hot water.
Zero Barriers ahead! Zero knowledge and AI combine to redefine the future
The fourth episode sees StarkWare president Eli Ben-Sasson and Giza co-founder Cem Dagdelen explore the role of AI in smart contracts.
Zero Barriers ahead! Zero knowledge and AI combine to redefine the future
The fourth episode sees StarkWare president Eli Ben-Sasson and Giza co-founder Cem Dagdelen explore the role of AI in smart contracts.
Bitcoin options tantalizing bears to push price below $30K before Friday’s expiry
Bitcoin bears are closing in on a rare win as they have the advantage in this week’s $600 million BTC options' expiry.
DeFi liquidity protocol adds Consensys-developed zkEVM rollup Linea
The co-founder of the liquidity protocol said the zk roll-up-based scalable solution has the potential to solve the scalability dilemma put forward by Ethereum co-founder Vitalik Buterin.