XRP price has recently witnessed a notable uptick, hitting its highest level since early October. The cryptocurrency, currently trading above the key support level of $0.52, is testing resistance near $0.56. This increase has raised questions about whether XRP could rally further, potentially reaching the $1 mark. XRP Price Eyes $1 as Momentum Builds, Can Bulls Break Resistance? XRP price hit a monthly high of $0.578, its peak since early
Detroit is becoming the biggest US city whose resident will be able to settle their tax payments in cryptocurrency, city officials announced Thursday. The move will make Detroit the largest US city to accept crypto payments for public services. City officials said transactions are set to occur via a secure platform maintained by PayPal. The service is set to start by mid-2025. Detroit Becomes First Major US City to Accept
The US Federal Reserve announced a 25 basis point (bps) rate cut following its November FOMC meeting. This development is undoubtedly significant, considering the impact it could have on the Bitcoin price and broader crypto market. US Federal Reserve Announces 25 Bps Rate Cut In a press release, the US Fed announced its decision to cut interest rates by 25 bps, just about two months after it cut them by
The Solana and Ethereum debate has come up a lot in this market cycle, especially with SOL currently outperforming ETH. Veteran trader Peter Brandt has also weighed in on the conversation and provided insights into why SOL is ahead of ETH from a trader’s perspective. Why Solana Is Ahead Of Ethereum In an X post, Peter Brandt mentioned that Solana is breaking out into new highs while Ethereum is “chewing”
With the transition to November, the crypto market began indicating the possibility of a complete uptrend for crypto coins under the influence of the US Presidential elections. Now, with Donald Trump becoming the 47th US President, the market has been up since yesterday, as Bitcoin and many altcoins surged to a new ATH. With that, the user sentiments have again turned to greed, indicating the possibility of further gains. Interestingly,
WhiteBIT, a top European crypto exchange, launched the Bull Run app on Telegram to celebrate its 6th anniversary. The app allows users to participate in daily Bitcoin price prediction challenges, where they predict whether Bitcoin will rise or fall. It offers a fun and competitive way to engage with the market. The Bull Run app is designed to make crypto trading more accessible and enjoyable, with a focus on community
