#crypto bits

TL;DR ETH’s Recent Gains and Positive Outlook: Ethereum’s ETH has rebounded in 2023, reaching around $2,400, with some analysts forecasting a rise to $5,000 by 2025 due to a bullish trend. High Expectations and Upgrades: Experts predict ETH could reach up to $8,000 by 2026, bolstered by upcoming Ethereum upgrades, with short-term predictions around $3,400-$3,800. Some Bearish Perspectives:…

TL;DR Recent data suggests XRP adoption is still in early stages, with over 3.6 million wallets holding less than 500 XRP; around 17% of total XRP wallets (4.8 million) were created since the start of 2023, indicating rising interest. Large investors, or “whales,” have been accumulating XRP, with their holdings representing 27% of the total circulating supply, up from a previous value of $7.16…

TL;DR Deribit plans to launch linear options for XRP, SOL, and MATIC in January, targeting European markets and doubling down on derivatives trading. Despite its price fluctuations, XRP remains a popular choice for payments, with institutions like HSBC allowing its use. Following its legal victories against the US SEC, XRP might be on the verge of a bull run, as indicated by ChatGPT. Embracing…

TL;DR Dogecoin (DOGE) and Shiba Inu (SHIB) have experienced recent declines of 5% and 6% respectively. Other memecoins also saw drops, while Floki Inu (FLOKI) gained 8% in a week. Analysts suggest Shiba Inu’s price might be at its lowest, hinting at a potential rise. Shibarium, SHIB’s layer-2 blockchain solution, showcases bullish developments, including a successful burning mechanism. SHIB,…

TL;DR Jeremy Hogan estimates a 40% chance of a trial in 2024, a 32% chance of a settlement, and a 19% chance of an agreement by end of 2023. Some believe the SEC might extend the legal process to maintain uncertainty in the crypto sector. Yassin Mobarak suggests the SEC might drop charges against Ripple to avoid negative publicity. What are the SEC’s Possible Moves? Jeremy Hogan – a top US…

TL;DR Kristina Campbell, Ripple’s ex-CFO, joins Maven Clinic. Ripple wins two court cases against the SEC; trial set for April 23, 2024. A positive verdict for Ripple may boost XRP’s price in 2024. Replacing Ripple With a Health Company Kristina Campbell, who spent the last two and a half years serving as Ripple’s Chief Financial Officer – departed the crypto firm to take the same position in…

TL;DR Shiba Inu’s layer-2 solution, hits one million blocks and boasts over three million transactions. Introduced in August, Shibarium aims to upgrade Shiba Inu by improving transaction efficiency. Despite Shibarium’s advancements, Shiba Inu’s value fell by 4% on October 9 and 8% over the week. The Latest Achievement The popular memecoin Shiba Inu (SHIB) and its surrounding developments keep…

TL;DR Binance CEO Changpeng Zhao expects Bitcoin (BTC) to reach new all-time highs after the April 2023 halving but advises against premature FOMO. CZ notes common patterns during BTC halvings, including hype, heightened expectations, and market unpredictability, emphasizing that BTC’s price won’t double overnight but will see adjustments and consolidation. CZ suggests that typically, a year…