Author: Digicoinvision
Join Our Telegram channel to stay up to date on breaking news coverage The XRP price dropped 2.6% in the last 24 hours to trade at $2.40 as of 4 a.m. EST on a 14% increase in trading volume to $4.66 billion. The fall in the Ripple token’s price came after Ripple Labs co-founder Chris Larsen sold 50 million XRP tokens worth close to $120 million. CHRIS LARSEN MAKING BIG MOVES 🚨 Ripple co founder just shifted 50,000,000 $XRP that’s over $123M to an unknown wallet! Strategic play? Institutional setup? Something big is coming… 🌊💥 pic.twitter.com/GaNmoeUGct — XRP Update (@XrpUdate)…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is under selling pressure once again, testing a critical support level as the broader crypto market continues to struggle for bullish momentum. Altcoins are losing strength across the board, and growing concern among traders has fueled renewed talk of a potential bear market. The recent downturn has pushed Ethereum closer to its key technical levels, with investors closely watching whether it can maintain support or if another leg down is imminent. However, not everyone is bearish. On-chain data from Lookonchain reveals that Bitmine, one of the…
Argo Blockchain’s largest lender, Growler Mining, is taking control of the embattled crypto miner through a debt-for-equity swap that leaves existing shareholders with just a small stake in the company. The restructuring, filed under the UK Companies Act, revealed that Growler will convert about $7.5 million in secured loans and provide new funding in exchange for 87.5% of Argo’s recapitalized equity. Bondholders of Argo’s $40 million unsecured notes will collectively receive 10%, while current shareholders will retain only 2.5%. The deal, part of a court-supervised restructuring plan dubbed Project Triumph, is designed to prevent insolvency and preserve the miner’s Nasdaq…
A rare signal from a legendary market analyst has caught traders’ attention as the Ethereum and Solana price begins to show potential reversal signs. With the broader crypto market still in a slump, a subtle alert from the inventor of one of the most respected technical indicators has analysts wondering whether a major shift is about to unfold in ETH and SOL. Bollinger Inventor Signals Ethereum And Solana Price Explosion John Bollinger, technical analyst and inventor of the world-famous Bollinger Bands indicator, has shocked the broader crypto community after identifying potential “W” bottoms forming on the Ethereum and Solana charts.…
Join Our Telegram channel to stay up to date on breaking news coverage Canada’s British Columbia will stop accepting new connection requests from new crypto mining projects to its clean and renewable energy infrastructure. An Oct. 20 statement, the province said there will be a “permanent ban on new BC Hydro connections to the electricity grid” for crypto miners that will come into effect later this year. That follows an 18-month ban that was rolled out back in December 2022. This was done so that the government could take the time to develop a permanent framework that balances the needs…
The ongoing feud between Fetch.ai CEO Humayun Sheikh and Ocean Protocol Foundation took another twist, as the CEO issued a bounty for more information related to an alleged misappropriation of tokens worth millions of dollars. Sheikh, in an X post on Tuesday, offered a $250,000 reward for more information on the signatories of OceanDAO’s multisignature wallet and their connection to the Ocean Protocol Foundation.A multisignature or multisig wallet is a cryptocurrency wallet that requires multiple signatures to execute and process a transaction.The $250,000 bounty offer comes days after the CEO alleged that a team wallet related to Ocean Protocol misappropriated about…
Ethereum’s price remained under increased pressure this week as ETF outflows rose and sentiment in the crypto industry worsened. Summary Ethereum price has formed a big bullish flag pattern. It has remained above the 200-day moving average, pointing to a rebound. The supply of Ether tokens on exchanges has dropped to a multi-year low. Ethereum (ETH) was trading at $3,900 at press time, down more than 21% from its highest point in September. Still, technical analysis suggests that the price may be ripe for a strong advance soon. Ethereum price chart analysis The daily timeframe chart shows that Ethereum’s price…
In a market update on Oct. 10, technical analyst Nik Patel (@OstiumLabs) argued that Ethereum is approaching a make-or-break zone where the next few sessions could define whether the advance resumes or a deeper unwind unfolds. With spot ETH quoted around $4,000, Patel anchored his thesis to a tight cluster of reclaim and invalidation levels on both ETH/USD and ETH/BTC, emphasizing that lower-timeframe behavior must align with higher-timeframe structure to keep the bullish path open. Key Price Levels For Ethereum Now On the weekly ETH/USD chart, Patel said the market “wicked lower into the August open last week but held…
Elon Musk’s aerospace company SpaceX moved $257 million worth of Bitcoin, its second large-scale transfer in three months, prompting speculation about a potential sale as the company faces mounting financial and political pressure.SpaceX transferred the Bitcoin (BTC) on Tuesday, marking the company’s first wallet movements since July.The SpaceX-labelled wallet “1MDyM” transferred $130 million worth of Bitcoin to address “bc1qj,” while another SpaceX wallet “1AXeF” sent $127 million in Bitcoin to address “bc1qq,” according to data from blockchain intelligence platform Nansen. The two receiving addresses haven’t transferred or sold the Bitcoin, nor has SpaceX commented on the reason for the transactions.SpaceX-labelled wallet…
Crypto retail checkouts now have two levers that can move quickly, merchant rails that reduce processing cost, and consumer apps that toggle on crypto buying and spending.Walmart’s OnePay sits at the intersection of both, as a recent Zero Hash partnership allows the app to support Bitcoin and Ethereum trading, hosted wallets, peer-to-peer transfers, and on-chain deposits and withdrawals if the operator enables those features.According to the Zero Hash documentation, custody would be with Zero Hash entities, and execution would be supported by an affiliated liquidity services unit. Pricing can include a spread in addition to any platform fee.The hinge is…