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Ripple (XRP) is another noteworthy crypto token that has attracted heavy investor interest. The token can deliver new highs and is the focal crypto coin of the market, aiming to establish a global institutional reputation. With Bitcoin unlocking new highs, investor sentiment is now inching towards XRP, forecasting new price elements and scenarios that may help Ripple achieve a new price momentum. Also Read: Shiba Inu (SHIB) Poised To Surge 1000%: Details Analyst Forecasts A 49% Surge For The Token Source – Coinpedia With Bitcoin touching new highs, the market sentiment has turned incredibly positive for XRP. As per a notable financial analyst, the moon on X, XRP, aims to break out and trade within a 1D symmetrical triangle. Triangle developments on price charts are often dubbed bullish indicators that signal impending new price highs for the tokens. These formulations usually indicate a target price hike based on the triangle height. The moon later shared how if XRP receives holis...

The non-fungible token has slightly surged this week, breaking its recent negative trend that left the global weekly sales volume below $70 million. The global NFT market has seen its sales volume rise to +$79 million this week, up +6% from $70 million last week. This positive growth shows that investors still consider NFTs a viable investment mode. NFT Sales Jump 6.68% This Week Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer backed by crypto billionaire Mark Cuban, shows that the global non-fungible token market has retested positive growth this week. In the past seven days, the global NFT market has attracted a trading sales volume of $79 million, representing a 6.68 % increase from the past week. During this period, the number of investors buying non-fungible token collections has increased this week. The NFT market has seen 649,759 crypto traders buying NFTs in the past seven days. Interestingly, this ...

Amid much fanfare, DICE , the core currency of leading crypto casino Mega Dice has finally entered the final 48 hours of its ICO campaign.  Built on Solana, DICE has gone viral since going live on presale, raising close to $2 million as investors buzz over its novel utility and exciting reward mechanics.  Top-rated crypto YouTubers like Crypto Gains, Jacob Bury, TodayTrader, and Conor Kenny have all spoken about DICE’s potential to become the next big thing in the GambleFi scene. In an announcement on X, the team behind the project says DICE will officially open for trading on Raydium DEX by September 30 at 15:00 CET.  $DICE Launch on Raydium 🚀 We’re excited to share that $DICE will officially launch on Raydium DEX on September 30th at 15h00 CET! 🎉 Get ready for the next big step in #GameFi on #Solana as we bring you unparalleled opportunities and exciting rewards, including exclusive… pic.twitter.com/qvAND54tbk — Mega Dice Cas...

In a landmark ruling that immediately incensed the crypto community, a US judge has clarified that as a matter of law, control of money is not a prerequisite for operating a money transmitter. Specifically, business operators may not disclaim responsibility for Bank Secrecy Act (BSA) requirements simply because they avoid controlling money during its transmission . The decision has significant implications for the crypto industry, particularly for the legal cases involving Tornado Cash and Samourai Wallet. In an oral ruling on Thursday, a US District Court judge for the Southern District of New York settled this hotly contested issue in the government’s favor. Crypto industry defendants believed that business operators must control money in order to transmit money. The government has argued for years, and repeated in an April 26 filing, that control of funds is not a statutory requirement. “If Congress had intended that control of the funds was a requirement, it could have said as...

The US dollar is currently under strict scrutiny, with new foes in the queue to hammer USD down a notch. At press time, the dollar index is sitting at 100, up 0.03% in the last 24 hours. However, the currency has battered down intensely, hitting a new 18-month low in the current situation. At the same time, the Euro has gained 0.6% against the US dollar, with gold surging to touch new value rallies. As investor sentiment embraces the new transformative changes in the field of finance, AI predicts which asset to invest in the long run. Also Read: Digital Currency: Hong Kong’s CBDC Pilot Testing Enters Phase 2 The Gold vs. Dollar Debate Source: see.news The US dollar is sitting at its lowest level in 18 months. The DXY index is sitting at 100, while the alternate asset gold has sparked a new price rally of $2,670. The stark correlation has sparked speculation on social media, prompting investors to think of alternate scenarios. “JUST IN: U.S. Dollar Index, $DXY, hits lowest level in 18 ...

Bitcoin (BTC) is making a positive September despite the historically negative returns during what the market calls the “September Effect.” Traders and investors are now looking ahead to the upcoming “Uptober,” the market’s moniker for a historically positive month, October. Finbold retrieved Bitcoin monthly returns from CoinGlass on September 25, so far registering nearly 8% gains for this month.  Notably, October has average and median results of 22.9% and 27.7%, respectively, since 2013, explaining the moniker. Meanwhile, the “September Effect” results in a negative 3.72% and 4.35% average and median for the current month. Picks for you Crypto trader turns $1.3k into $3.4 million in 15 days 1 min ago ...

Ether’s (ETH) market cap has shed approximately one-third of its value in bitcoin (BTC) terms in just 12 months. Even worse, it’s been an embarrassing seven years since ETH last rallied to a new high against the world’s leading crypto. During the early months of Ethereum’s initial coin offering (ICO) in 2017, ETH rallied to an all-time high of approximately 0.15 per bitcoin. It hasn’t surpassed that level since. Even in 2021, amid several positive catalysts for ETH investors, it only hit 0.088 per BTC. That was a commendable comeback from its September 2019 low of 0.016 but still 42% below its 2017 high . Investors have bid progressively less and less BTC for ETH since 2021. Understanding Ethereum’s failure to re-make a new high in BTC terms in 2021 is instructive for understanding its current, 32-month-and-counting decline. Ethereum’s failure to make a new high against bitcoin in 2021 Back in 2021, investors were excitedly listening to announcements abou...

Ark Invest sold 44,609 shares of its ARKB Spot Bitcoin ETF for $2.8 million as part of a rebalancing strategy. The firm retains $139.7 million in ARKB, making it the second-largest holding in ARKW. US spot Bitcoin ETFs saw $4.5 million in inflows, while Ethereum ETFs faced outflows. Cathie Wood’s Ark Invest has made headlines by offloading 44,609 shares of its ARKB Spot Bitcoin ETF, valued at $2.8 million. The sale, which took place on Monday, is part of Ark’s ongoing rebalancing strategy to adjust its fund weightings. However, the move is not the first of its kind, with the firm having sold $6.9 million worth of ARKB shares in early August and $7.8 million in July. In total, Ark Invest has divested $17.5 million from its Bitcoin ETF. Ark Invest avoiding overexposure to any one asset Despite these sales, Ark Invest continues to hold a significant $139.7 million in the ARKB ETF, positioning it as the second-largest holding in its Next Generation ...

Synesis One (SNS), Near Protocol ( NEAR ) and Internet Computer (ICP) led a 10% surge in AI crypto coins fueled by bullish comments from presidential candidate Kamala Harris and OpenAI founder Sam Altman. SNS posted the biggest gain in the past 24 hours with a 73% surge to stand at $0.01755 as of 3:34 a.m. EST. NEAR, the largest AI crypto by market cap, recorded a 6% gain during the same period, while ICP rose 4% to $8.84. Majority Of Top 10 AI Crypto Coins Rise Almost all of the top 10 AI crypto coins surged in the last 24 hours. Arkham (ARKM) led the charge in the top 10 with its 9% surge, while Artificial Superintelligence Alliance (FET) and Render (RENDER) both climbed more than 1%. AIOZ Network (AIOZ) and The Graph also registered 24-hour gains. Akash Network (AKT), SingularityNET (AGIX) and Bittensor (TAO) followed a different trend to the rest of the top 10 AI cryptos with declines. Kamala Harris Vows To Invest In AI And Digital Assets If Elected The surge came after Vice...

The US dollar has become one of the most scrutinized currencies in the world. With elements like de-dollarization and movements propagating the US dollar dumping catching pace, it’s evident how the USD has now attracted diverse inimical foes. With alliances like BRICS and ASEAN pioneering a way to ditch the US dollar by promoting local currency usage, will they ever succeed in their endeavours to dump the US dollar? It does not appear so. Also Read: Cryptocurrency Domain Gains New Ally As Kamala Harris Steps In Why The US Dollar Is Indestructible Image Source: Watcher Guru Constant Price Volatility And Consumer Faith For a currency to collapse, it needs constant price volatility. Above all, it collapses when consumer faith in the currency dissipates holistically. In simpler terms, currencies suffer gravely when they note a considerable drop in their usefulness or their store of value-related metrics. The developments above can spur for multiple reasons, primarily political and eco...

Macroeconomic policies in the U.S. and Japan have contributed to bullish movements for Bitcoin. The cryptocurrency’s price surged this week following key interest rate decisions by the Federal Reserve and the Bank of Japan. Since the U.S. Fed announced an interest rate cut, Bitcoin saw a rise of over 11% by the week’s end, climbing above $62,000 for the first time in September. At the same time, altcoins show signs of stabilization, with a higher low pattern forming. This suggests a decrease in selling pressure. With major price floors now established, altcoins seem to be entering a phase of low-volume, range-bound trading, which could potentially mark the beginning of a slow upward trend for the broader altcoin market. Given these developments, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar , which requires time and effort. 6 Best Cheap Cryptos to Invest Now Under 1 Dollar Pyth Network is working to broaden acc...