On-chain data shows a PEPE whale has made a large deposit to Binance, something that could provide an impedance to the meme coin’s rally. PEPE Whale Has Deposited $7.2 Million To Binance According to data from the cryptocurrency transaction tracker service Whale Alert, a massive PEPE transfer has occurred on the Ethereum blockchain during the past day. The transaction in question involved the movement of 3.94 trillion PEPE, which was worth almost $7.2 million at the time the transfer went through on the network. Generally, only the whale entities are capable of making such large moves, so it’s reasonable to assume that a whale investor would have been behind this transfer. Due to the massive amount of capital involved in transactions of these humongous investors, they can sometimes cause noticeable fluctuations in the price of the asset. As such, the movements of the whales can be something to watch out for. How such transfers may affect the market, though, depends on the exact intent the investor had behind it. Here are some additional details regarding the relevant PEPE whale transfer, which may shed some light on what the whale wanted to achieve with the move: As you can see above, the sending address in the case of this PEPE transfer is an unknown wallet, meaning that it’s an address unattached to any known centralized platform, making it likely that it’s the personal wallet of an investor. The receiving address, on the other hand, looks to be a wallet affiliated with a centralized platform. More specifically, this address is connected to the cryptocurrency exchange Binance. Transfers like these, where coins move from self-custodial wallets to exchanges are called “exchange inflows.” As one of the main reasons why investors may deposit their coins to these platforms is for selling-related purposes, exchange inflows can provide hints about the selling pressure in the market. In the current case, as the whale has made a rather large inflow to these platforms, it’s possible that the price of the meme coin may suffer bearish consequences from it. Naturally, this would only be so if the PEPE whale in question truly made these deposits with selling in mind, and not for using any of the other services the Binance platform offers. Though, considering that the exchange inflow has occurred following a rapid 17% rise in the meme coin’s value, there is probably a fair chance that the whale is indeed looking to sell and take advantage of this profitable exit opportunity. So far, however, the PEPE price has only moved mostly sideways since the whale made the transfer, implying that, if the whale indeed sold the coins, the market currently has enough buying pressure that the selling has simply been absorbed. Another possibility, though, may be that the whale has only made the deposit in advance and is yet to actually the pull trigger on selling the stack, perhaps to see if the price goes up further. Naturally, if this is the case, the price would feel a bearish effect from this later down the line. PEPE Price At the time of writing, PEPE is trading around $0.000001736, up 11% in the last week.

In a significant turn of events, large cryptocurrency exchanges Coinbase, Kraken, Bitstamp, and Gemini announced their decision to relist XRP after a significant legal victory for Ripple against the Securities and Exchange Commission (SEC). This momentous decision comes as a result of the exchanges reevaluating their previous delisting of XRP, showcasing a renewed confidence in the token’s regulatory standing. This was brought about by the recent landmark court ruling by Judge Analisa Torres. Coinbase, Kraken, And Bitstamp Reinstate XRP Trading Coinbase, a leading cryptocurrency exchange, wasted no time in announcing the resumption of XRP trading following the court ruling. Brian Armstrong, the CEO of Coinbase, expressed the exchange’s decision in a tweet, stating: “Coinbase will re-enable trading for XRP (XRP) on the XRP network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset remain available on @Coinbase & @CoinbaseExch.“ The reinstatement of the digital asset on Coinbase’s platform marks a significant shift in their position after delisting the token in January 2021. Kraken, another prominent exchange, also confirmed its plans to reinstate trading for the cryptocurrency, as Marco Santori, Kraken’ Legal Officer tweeted stated: “1/ This morning, the Federal Court for the Southern District of New York ruled that XRP is not a security. As such, just a few minutes ago, Kraken re-enabled trading in XRP for US users.” Bitstamp, an early adopter of XRP, joined the bandwagon, emphasizing its role as a leading liquidity venue for the asset globally as it confirms the return of the token on its exchange for US users. Ripple’s Legal Battle And Market Impact The court ruling stems from the SEC’s lawsuit against Ripple, which accused the company of conducting an unregistered securities offering through the sale and distribution of XRP. Ripple chose to fight the lawsuit, investing substantial resources into the legal proceedings. The outcome of this case carries significant weight for the cryptocurrency industry, as it determines the regulatory oversight faced by digital asset firms. Although Judge Torres’ recent summary judgment concluded that while Ripple’s initial sale of XRP to institutional investors could be classified as a securities offering, the subsequent trading of the tokens on crypto exchanges did not fall under the same classification. This ruling provides a level of clarity regarding the regulatory status of the token and sets a precedent for similar cases involving other cryptocurrencies. The market responded with enthusiasm to the court ruling as XRP experienced a surge in value, rising by over 75% compared to its price at the beginning of Thursday. Coinbase’s share prices also witnessed a significant jump of more than 24% following the ruling.

Today marks Binance’s sixth anniversary. To mark the occasion, the founder and CEO of the world’s largest exchange Changpeng Zhao (CZ), has reflected on a number of moments in the platform’s history. The company’s chief executive said in a statement that Binance began operations in 2017 as a crypto-to-crypto exchange supporting five currencies and two languages, with digital assets valued at $15 million. They had to borrow a customer service crew from a friend of CZ’s who already had one. Sailed Thru Crypto Winters When China outlawed cryptocurrency exchanges and initial coin offerings (ICOs) only two months after Binance launched, several ICO ventures had to refund backers. It cost Binance $6 million (or 40% of its cash on hand at the time), the greatest one-time expense in the company’s history, percentage-wise. Binance quickly surpassed its competitors to become the largest cryptocurrency trading platform by volume, and it has maintained that position through two crypto winters, during which many businesses and organizations, including competitor exchange FTX, and other firms went out of business. With such little exposure to FTX and Terra’s LUNA, Binance was able to weather the storm of the 2022 crypto winter without suffering any significant losses. The company had even pledged to save other businesses, including Voyager and FTX, but those plans ultimately failed. It’s “not unexpected,” CZ said, given the events of 2022 and Binance’s magnitude that the exchange is now under regulatory inspection. Binance is the cryptocurrency exchange that authorities focus on the most. The issue is proportional. The CEO emphasized the need of taking the initiative and collaborating with authorities throughout the globe to advance the sector. CZ added: Banking on DeFi The exchange has evolved into a worldwide infrastructure, connecting over 140 million individuals to the financial system. Binance now has thousands of staff and supports over 600 different tokens in over 40 different languages. From decentralized exchange to storage applications, the BNB chain is now powering it all. Meanwhile, CZ thinks that the participation of conventional finance heavyweights like BlackRock and Citadel in the cryptocurrency market is proof that the technology behind cryptocurrencies is sound. He also predicts that during the next half-decade, decentralized finance would surpass their centralized counterparts. Binance is proud of its 17 country registrations and licenses, which attest to the company’s pro-regulation position and the substantial work it has done in the area of compliance and regulation. Users now have more options for safely storing their crypto money thanks to improvements in wallet technology. There will be a rise in the number of individuals using DeFi devices and operating on blockchains manually. This also provides consumers with access to financial services in areas where TradFi and traditional banks are yet to expand. CZ is certain that during the next six years, DeFi will surpass CeFi.

Earnings of $1.4B were up 27% year-over-year for the biggest asset manager in the world. Earlier this month, the CEO called Bitcoin an international asset. On Friday, Larry Fink expressed optimism about the future of cryptocurrencies by discussing the growing interest he has seen from gold investors. The CEO of BlackRock said on CNBC after the company’s second-quarter earnings report that “more and more” gold investors have been inquiring about the role of crypto over the previous five years. Drawing parallels between the role exchange-traded funds (ETFs) have played in facilitating access to gold and what they could do for crypto. Fink stated: Strong Q2 Performance BlackRock’s profits increased significantly in the second quarter as a result of the unexpectedly robust market performance. Earnings of $1.4 billion were up 27% year-over-year for the biggest asset manager in the world. That’s equivalent to a per-share profit of $9.06. Revenue dropped by 1% to $4.5 billion. There was a 4% growth in assets under management, which brought the total to $9.4 trillion. The U.S. SEC has rejected dozens of applications to list a spot bitcoin ETF in recent years, but BlackRock’s application last month included a surveillance-sharing agreement, which could be the deciding factor in the SEC’s eventual approval of such a product. Fink further added: Earlier this month, the CEO gave an interview to Fox Business, where he also was optimistic about the future of cryptocurrencies. He referred to Bitcoin (BTC) as an “international asset” and supported the concept of crypto functioning as “digital gold.” There has been a flood of money into the cryptocurrency market in the hopes that an ETF for Bitcoin would eventually be approved by the U.S. SEC. Especially with financial heavyweights like BlackRock backing it. Highlighted Crypto News Today: Christie’s Auction House Partners With Gucci to Launch NFT Collection

The auction house begins accepting bids on July 18 and runs through July 25. The collection uses generative systems like algorithms and AI. Christie’s, the 256-year-old auction house, is collaborating with the high-end fashion label Gucci to launch a collection of non-fungible tokens (NFTs). The collection, dubbed “Future Frequencies: Explorations in Generative Art and Fashion,” includes 21 NFTs. These are made by artists including Claire Silver (AI), Emily Xie (generative art), Botto (decentralized autonomy), and others. Christie’s 3.0, the auction house’s digital art platform, will host the sale. It begins accepting bids on July 18 and runs through July 25. Banking on Gucci Brand The Bamboo 1947 collection, which features the now-iconic bamboo handle of Gucci purses, serves as a major influence for the NFT line. The collection uses generative systems like algorithms and AI to encourage more expression at the convergence of art, fashion, and technology. Christie’s Manager of Digital Art Sales Sebastian Sanchez said that the partnership encourages creatives and the fashion sector to use Web3 technology. Sanchez explained that the collaboration with Gucci adds depth to the collection. And welcomes art enthusiasts and fashionistas alike to delve into the works’ shared themes. Sanchez stated: Gucci has been steadily expanding its digital fashion and art initiatives. While Christie’s has been a frontrunner in the Web3 field ever since it sold artist Beeple’s “EVERYDAYS” NFT. The Gucci Vault, the brand’s virtual experience venue, was built on property bought in February 2022 in the metaverse The Sandbox. The company and Yuga Labs announced their collaboration to deliver haute fashion to the Otherside earlier this year. Highlighted Crypto News Today: Shiba Inu (SHIB) Bounces Back With 300% Rise in Transaction Volume

XRP has observed a massive 67% rally during the past 24 hours. Here are some facts on-chain data reveals about this price surge. Several Indicators Have Surged Following The XRP Rally In its latest insight post, the on-chain analytics firm Santiment has looked into the underlying metrics related to XRP as the cryptocurrency has seen an extremely sharp surge during the last day. This rapid growth in the asset’s value has come following Ripple’s victory in court as XRP has been declared “not a security.” Immediately after the announcement, the coin had managed to rise by around 90%, but in the hours since then, the asset has taken some hit. Nonetheless, the cryptocurrency has still managed to hold onto the majority of its gains so far, as it’s still up 67%. This rise has now made the asset the fourth largest in the space in terms of market cap, as it has leapfrogged past BNB. Following the rally, the “social dominance” of XRP saw a sharp surge toward the 7.4% mark, as the below chart displays. Social dominance measures how the discussions on social media related to any given coin (which, in this case, is XRP) compare against the combined amount of talk the top 100 assets by market cap are receiving currently. At the current value of the metric, 7.4% of all discussions related to these top 100 coins are coming from XRP alone. Such a high amount of interest among social media users is generally a sign of euphoria, which usually leads to a correction in the price. This may explain why the asset has taken a hit since the initial jump. In terms of whale activity, the network has naturally been active during this surge, as these humongous investors have made a large number of transactions, as shown below. The number of whale transfers has crossed the 637 mark during the past day, which is the highest level observed in 2023. “Clearly the pump is being fueled by these large transactions,” notes Santiment. The trading volume (the total amount of XRP being transacted on the chain) has also registered a steep increase, which isn’t too surprising considering the high amount of whale activity that has occurred during the past day. The current levels of the trading volume are the highest that they have been in around 10 months, further showcasing the extraordinary activity that the blockchain is observing right now. The analytics firm has also pointed out how the sharks and whales of the cryptocurrency had been accumulating during the couple of months that have led to this rally. “This group of wallets is essentially the one best to watch to understand how ‘smart money’ is behaving,” explains Santiment. “And they had been showing confidence in the asset for over two months now, even prior to today’s court ruling.” XRP Price At the time of writing, XRP is trading around $0.78, up 69% in the last week.

The global market cap has seen an effective surge of a 4.77% over the previous day. The market price of Shiba Inu stands at $0.000008007. One of the most trending memecoins, Shiba Inu (SHIB) achieved a stabilized market value with a price surge over the last 24 hours. It is noted that the SHIB transactions have increased by 300% following the market growth as per data from CMC. The rapid surge in the overall crypto market cap has created an impact on the prices and volumes apart. Several enthusiasts are excited to jump on the bullish momentum with FOMO playing a major role. Impacts of SHIB Price Surge Earlier this Friday, the global market capitalization has seen an effective surge of a 4.77% over the previous day. This was following the historic decision in Ripple vs SEC case. As other cryptocurrencies are skyrocketing to their respective milestones, Shiba Inu has also gained its market cap rising to 6.35%. (Source: CoinMarketCap) Moreover, the trading volume has surged 244.49% worth $252M at the time of analysis. The market capitalization accounts for an increase of 9.17% worth $4,900,878,882. The favorable bullish momentum has prompted the crypto community to trade in large amounts, especially whales and dolphins. Also, the burn rate has decreased a bit. According to CoinMarketCap, the current market price is at a 13.22% increase and ranges at $0.000008308 over the 7 days statistical results. Meanwhile, the transaction volume seems to continue as the traders resemble the bullish momentum. The altcoin season perceives over the day whereas SHIB ranks the 17th position in overall market capitalization. Highlighting Crypto News Today: Shiba Inu Witnesses Surging Investor Interest, Achieves Remarkable Milestones

XRP, the token behind the Ripple payment network, has been on an absolute monster rally in the last day. The token has seen a 65% price surge that propelled it into the number 4 spot in the crypto rankings, pushing BNB down to 5th place, even though BNB on the other hand, is also up by 9% in the past week. XRP Overtakes BNB XRP recently overtook BNB after reaching a yearly high of $0.81, giving the cryptocurrency a market cap of $41 billion. The huge price spike can be attributed to investors jumping on the bandwagon with fear of missing out on XRP after the big news regarding its victory over the United States Securities and Exchange Commission (SEC). The court determined on June 13 that the sale of XRP to regular investors does not constitute the sale of an unregistered security. As such, United States District Judge Analisa Torres ruled in partial favor of Ripple, saying that XRP sales on public cryptocurrency exchanges were not offers of securities under the law. However, the judge remarked that Ripple’s direct sale of XRP to institutional investors in the amount of approximately $700 million violated federal legislation regarding the sale of securities. This catapulted XRP’s price from $0.478 to $0.7885 in just under a day. With its current market cap, this means XRP is now the third-largest native cryptocurrency behind Bitcoin and Ethereum when the USDT stablecoin is removed. 24-Hour Trading Volume Spikes 1700%+ According to data from Coinmarketcap, XRP’s 24-hour trading volume has spiked a whopping 1,758.13% to over $13.49 billion. Trading volumes have surged on various exchanges, where Upbit, the South Korean-based crypto exchange, had over $2.7 billion in 24-hour trading volume. Binance also saw over $2.3 billion in trading volume as investors scurried to buy XRP. Coinglass data shows more than $35 million short position trades on XRP have been liquidated in the past 24 hours. Most of these are from Bybit, OKX, and Binance, with $21 million, $14 million, and $14 million in short position liquidations, respectively. Of course, fast price rises often end in pullbacks as XRP remains a volatile digital asset. But its recent breakout shows it’s still an altcoin to watch, with the potential for even bigger gains if more investors continue to FOMO. However, XRP’s potential for long-term growth continues to be supported by Ripple Labs’ real-world value as a payments network. At the time of writing, XRP is still trading at $0.797, which translates to 68% gains in the last day. It is currently the top gainer in the market with 70.66% and 56.79% gains in the last seven and 30 days, respectively.

The last 24 hours have been more than interesting for crypto investors across the globe. Thursday, July 13, saw one of the most important lawsuits in the history of the industry come to an end, and the ruling in favor of Ripple triggered a massive rally. As digital assets across the space recorded double-digit gains, liquidation volumes climbed quickly, now clocking over $300 million. Crypto Short Traders Take Big Losses The high volumes of crypto liquidations in the market so far have been a result of price recovery. As such, the vast majority of traders who have been losing money have been short traders, that is, traders who were betting on prices falling rather than recovering. According to data from Coinglass, out of the over $300 million in liquidations, short traders made up for a total of $219 million. On the flip side, the volume from long traders was much lower, coming in at only $82.74 million for the same 24-hour period. This means that short traders made up 70.33% of all liquidations during this time, as long traders made the most money. Furthermore, over 86,000 traders saw their positions liquidated on the last day, but the single largest liquidation happened on the Bitmex exchange. This position was worth $2.82 million at the time of liquidation, taking place across the XRPUSD pair on the exchange. As expected, Bitcoin led the liquidation volumes during this time, but interestingly, Ethereum was not the second-highest volume as it usually is. That title was claimed by XRP traders this time around with a total of $62.17 million liquidated in 24 hours. Will The Liquidations Continue? A major factor behind the liquidations was the wild price fluctuations that were triggered by the Ripple victory. Since the court declared that XRP was not a security, the price of the digital asset rallied over 60%, taking the rest of the crypto market with it. However, as the market has broken into a new trading day, prices are starting to stabilize and liquidations are beginning to settle out. If the market continues like this, then there would not be high liquidation volumes going forward. Unless something triggers a rally or a crash, which would lead to more liquidations. For now, the prices of digital assets such as Bitcoin, Ethereum, and XRP are holding their gains from yesterday quite well. BTC’s price is still above $31,000, ETH is trading slightly below $2,000, and XRP is still seeing 60% gains with its price sitting at $0.779 at the time of this writing.

A strategic alliance between Flare, the data blockchain, and FlareDashboard, a community-managed database, and dashboard providing information on infrastructure providers for Flare and Songbird, has been announced. The partnership intends to increase openness across the whole Flare ecosystem by producing insightful data on the independent network infrastructure contributors supporting the network’s decentralized operations. The first emphasis will be on Flare Time Series Oracle (FTSO) data providers, who are essential in supplying the network with decentralized price feed data. In order to enable network users to make informed choices, the partnership’s scope will ultimately be expanded to include all infrastructure users, including validators and State Connector attestation providers. The platform opens the way for a more transparent system by combining crucial data including team information, KYC compliance, operational history, data security, technological configuration, and network addresses. Through the website flaredashboard.io, all users of the network have access to this crucial data, giving infrastructure providers a chance to deliver extra information to the community.

XRP legal victory ignites altcoin rally, Solana surges double-digits in just 24h. Solana hit its highest point of the year, reaching $30 amid bullish news. In a remarkable turn of events, XRP has emerged victorious in its legal battle against the SEC, igniting an altcoin rally that has taken the crypto world by storm. Among the standout performers, Solana price has surged over 23.96% within a mere 24 hours, solidifying its position as a key player in the market. With the Ripple effect being impactful, XRP itself has skyrocketed, surging over 67%, while Cardano (ADA) has boasted a remarkable surge of 20.84%. Ethereum (ETH) has also reached new heights, surpassing the $2,000 mark. Noteworthy here is that Solana tops them all in the price surge chart. SOL Price Chart, Source:TradingView Solana(SOL) Price Surge, A Great Win? Despite enduring a series of struggles, including the FTX crash last year, Solana price has now hit its highest point of the year.The surge is impressive, considering that Solana’s trading volume has surged by an astounding 360.99% within a 24-hour period. Having remained relatively steady throughout the week, Solana experienced a minor surge yesterday, breaking the $25 barrier for the first time since April 18th.The news of XRP’s legal victory acted as a catalyst, propelling Solana’s growth further. While it initially faced resistance in reaching $22, the cryptocurrency persevered, ultimately achieving a milestone of $30. At the time of writing, Solana is trading at $28, swaying comfortably between a low of $22.23 and a high of $30 in the past 24 hours. Meanwhile, the Solana community is jubilant, celebrating the remarkable surge. XRP’s legal victory has created a path for the upcoming altcoin season. With Solana emerging as a clear winner, it defies expectations and continues its upward trajectory. The whole crypto community is anticipating what bullish news these major altcoins could bring in the future days. Highlighted News Today Top Altcoins to Watch as Ripple Victory Brings Pump

The crypto market continues to exhibit dynamic shifts as Polygon’s native token, MATIC, outpaces Litecoin (LTC) in the global rankings to secure the 10th spot. This move comes after MATIC experienced a surge of nearly 30% over the past week. Resurgence Amid Crypto Rally The general upswing in the crypto market in the past week has presented opportunities for numerous cryptocurrencies to make significant strides. Polygon (MATIC), for one, has capitalized on this trend, breaking through multiple resistance levels to claim the 10th position in the global crypto market, thereby leaving Litecoin (LTC) trailing behind. The asset’s surge, which saw MATIC price climbing from a low of $0.67 last Friday to a high of $0.88 yesterday before retracting to $0.84 at the time of writing, marks a nearly 30% increase in the past 7 days. The surge also signals MATIC’s resilience, given that it comes just a month after the United States Securities and Exchange Commission (SEC) classified it as a security, triggering a drastic dip in its value. This move by the SEC made MATIC dwell in a bloodbath for a week to trade below the $0.6 mark. MATIC Road To Recovery MATIC’s recovery, however, has been somewhat fascinating. Over the past 24 hours, MATIC has rallied by nearly 10%, exhibiting a strong upward trajectory. Interestingly, this rally mirrors the movements of several notable altcoins in the market, indicating a wider market recovery trend. Despite the initial setback following the SEC’s classification, MATIC has demonstrated a comeback. Its rebound not only highlights the resilience of the asset but also underscores its growing popularity among investors, which can be attributed to the increasing interest in the Polygon platform, known for its scalability solutions for Ethereum transactions. MATIC has witnessed a dramatic rise in its market capitalization over the past week, marking a nearly $2 billion increase. The digital asset, starting from a valuation of $6.2 billion last Friday, has seen its market cap surge to $7.89 billion as of today. Interestingly, it’s not just MATIC’s price and market cap that has experienced a notable upswing. Within the same week, the daily trading volume for Polygon has nearly doubled from its figures last Friday. This surge is evident in the jump from a trading volume of $357 million late last week to as high as $952 million in the past 24 hours. The sudden increase in trading volume indicates a significant uptick in trading activity within just a week. The overall rise in both price and trading volume paints a picture of significant market interest and increased investor activity around Polygon. Featured image from iStock, Chart from TradingView

One of the largest Shiba Inu whales which held 101.47T SHIB has reactivated. The SHIB price witnessed a rise of over 6.5% in the last 24 hours. Shiba Inu (SHIB), the popular memecoin, has recorded a price gain of more than 6.5% over the last 24 hours. This notable upswing comes as a part of the global crypto market’s response to Ripple’s recent victory. At the time of writing, Shiba Inu (SHIB) traded at $0.000007899 with a trading volume of over $230 million, which soared 206% in the last 24 hours. Notably, Shiba Inu jumped to the 17th position with a market cap of $4.68 billion. Additionally, over the week, the Shiba Inu has soared by 10% and the price of SHIB hit the $0.000008062 range on Thursday. Shiba Inu (SHIB) Price Chart (Source: Tradingview) The Revived Shiba Inu (SHIB) Whale SHIB has drawn further attention from the crypto community with the reactivation of an enormous Shiba Inu whale after almost two years. The recent Lookonchain data revealed that this Shiba Inu whale held 101.47 trillion SHIB tokens, 10.5% of the whole SHIB supply. These SHIB tokens, worth over $756 million, are divided among 23 separate wallets associated with this whale. Heightening the buzz, the revived Shiba Inu whale initiated a transfer of 4 trillion SHIB tokens. That worth $29 million, on Thursday. These transferred tokens are now found at eight new addresses, as per the Etherscan data. The sudden activity from this large SHIB whale has sparked speculation among crypto enthusiasts about its intentions. And the impact on the future price momentum of Shiba Inu (SHIB). It remains to be seen how Ripple’s win and the actions of this prominent whale will continue to shape the fate of Shiba Inu and the wider cryptocurrency landscape. Highlighted Crypto News Today: Top Altcoins to Watch as Ripple Victory Brings Pump

The Shiba Inu price has risen over 5% in the last 24 hours amid the market-wide hype surrounding Ripple’s partial victory in its legal battle with the US Securities and Exchange Commission (SEC). But SHIB investors should still be cautious: While the SHIB price shows a clear uptrend of 23% over the last 30 days, a complete confirmation of a trend reversal is still pending. Shiba Inu Price Analysis Technically, the Shiba Inu price remains in bearish territory for several reasons. As explained in previous analyses, the Shib price entered a downtrend channel in early February this year. The breakout from the bearish chart pattern succeeded six days ago, however, there is still a possibility that it is a fakeout. Shib’s trading volume was rather below average during and after the breakout. Only yesterday there was a noticeable increase. Within the last few hours, trading volume rose to $232 million, 200% higher than the previous day. In the best case, the volume should remain high to avoid a fakeout. More of a bearish argument is that yesterday’s SHIB rally stopped at $0.00000813. Thus, the price could not break above resistance at $0.00000816, nor could it set a new local high on the 4-hour chart. A look at the 1-day chart also shows that the SHIB price continues to trade below the 23.6% Fibonacci retracement level at $0.00000832. The following days could become crucial to confirm a sustainable trend change or a fakeout. The battle between bulls and bears is still in full swing. The bull side would ideally like to break out above the 23.6% Fibonacci retracement level with a high trading volume. This could be a first confirmation for a sustainable trend change. In this case, the 38.2% Fibonacci retracement level at $0.00000977 could come into focus. Close to it is also the long-term “bull boundary line”, the 200-day exponential moving average (EMA) at $0.00000961. If SHIB also exceeds this level, one can finally speak of a trend reversal. Before that, however, the current gains stand on shaky legs. Shibarium As Catalyst As NewsBTC reported, Shiba Inu chief developer Shytoshi Kusama has hinted a few days ago that the long-awaited layer-2 solution Shibarium will be unveiled along with numerous other innovations at the ETHToronto conference on August 15-16. With only 32 days left until this event, the hype could undoubtedly serve as a catalyst for SHIB. At least Shiba Inu ecosystem token BONE has already benefited from the announcement, raking in high double-digit percentage gains. Just today, Kusama fueled anticipation for Shibarium when he announced the relaunch of the official Shiba Inu website Shib.io. Via Twitter, Kusama teased “Enjoying the summer of Shibarium.”

Recent court ruling in favor of Ripple sparked the altcoin season to go high. Alongside XRP, Stellar (XLM) and other top altcoins record high price gains. Subsequent to Ripple’s legal victory against the SEC, the crypto market is undergoing a transformative period, exhibiting impressive price rallies. Dominant crypto coins, Bitcoin (BTC) and Ethereum (ETH), hit their new one-year highs. The enthusiasm of investors and traders embracing the current bullish wave is evident in the market’s daily trading volume, which has surged by nearly 131%. Crypto Market Heatmap (Source: TradingView) Remarkably, altcoins have taken over the top gainers list in the past 24 hours. Alongside XRP, the following altcoins lead the bullish altcoin season with their lucrative 24-hour price gains. Ripple (XRP) XRP, the native token of Ripple, has gone to the moon with the news of Ripple’s victory against the SEC. The cryptocurrency has experienced an explosive surge, boosting the confidence of the XRP community. Moreover, XRP overtook Binance Coin (BNB) and USD Coin (USDC) to rank at 4th position. The leading crypto exchanges, including Coinbase, Gemini, and Kraken, are relisting Ripple after the incredible lawsuit victory against the SEC. At the time of writing, the trading price of Ripple (XRP) is around $0.7886, with an increase of over 67.83% in the last 24 hours. The trading volume of XRP has witnessed an enormous surge of over 1688.78%, according to CoinMarketCap. Stellar (XLM) As Ripple’s victory sparked the altcoin season, Stellar (XLM) has become the top beneficiary, that registered a high surge of 54%. XLM spiked to hit its one-year-high of over $0.1977 during the Asian morning hours. At the time of writing, this altcoin traded in the overbought zone. Stellar (XLM) Price Chart (Source: TradingView) According to CoinMarketCap, at the time of writing, XLM traded at $0.1493 with an ultimate surge of 3208% in 24-hour trading volume. Stellar’s market capitalization surged to hit the $4 billion mark. Solana (SOL) Similar to other altcoins, Solana (SOL) experienced the regulatory hammer of the SEC, receiving the “security” label. Due to which, SOL’s price fell to $15, one of its bearish bottom. However, the lawsuit’s verdict fueled the SOL’s market momentum and prepared it for an uptrend. Solana (SOL) Price Chart (Source: TradingView) At the time of writing, the trading price of the Solana was around $28.43, with a surge of over 30.14% in the last 24 hours. While its daily trading volume experienced an increase of over 338.41% and SOL is currently in the overbought state. Pepe (PEPE) The popular frog-themed memecoin Pepe (PEPE) has also emerged as the day’s top gainer in the crypto market. The memecoin has shown a remarkable movement in its trading price in the recent altcoin season. At the time of writing, the trading price of Pepe is around $0.000001746, with a surge of over 18.46% in the last 24 hours. The trading volume of the memecoin has experienced an increase of 244.29%. PEPE Price Chart (Source: TradingView) Cardano (ADA) Cardano (ADA) has seldom been on the top gainers list since April. Thursday’s crypto positive event propelled ADA onto the list with a 24-hour price gain of 21% to $0.3673. Investors flocked in and boosted the altcoin’s daily trading volume by 808.47%. As per CoinMarketCap, at the time of writing, the Cardano (ADA) price was at $0.3504. Cardano (ADA) Price Chart (Source: TradingView) The significant surges in the crypto market have clearly shown that Ripple’s lawsuit victory has sparked altcoins to take over the top gainers. Moreover, the bullish momentum is expected to continue in the upcoming days and mark a significant milestone in the crypto market. Disclaimer: The views expressed in this article are for informational purposes only and do not necessarily reflect the opinions of TheNewsCrypto. The content provided should not be interpreted as investment advice. Highlighted Crypto News Today: Ripple Bounces Back Strong, Major Exchanges Like Coinbase, Gemini Relist XRP

If you’re a bitcoin user who values privacy and anonymity, then the CoinJoin protocol is something you need to know about. CoinJoin is a privacy protocol that allows users to mix their bitcoin transactions with others in order to make it much more difficult to trace the origin of the bitcoins. One such bitcoin anonymizer with integrated CoinJoin protocol is bitcoin mixer WHIR. How does CoinJoin work? CoinJoin protocol relies on a technique called “coin mixing”. It’s a way of combining multiple bitcoin transactions into a single transaction that then distributes the bitcoins to their intended recipients. The goal of coin mixing is to make it difficult for anyone to trace the flow of bitcoins from their source to their destination. WHIR takes coin-mixing a step further by using a special set of rules to ensure the privacy and anonymity of the users involved. One of the key features of the CoinJoin protocol is that it uses a “blind signature” system. This means that the users involved in the transaction don’t actually sign the transaction themselves, but rather use a “blinding factor” that ensures the transaction is valid without revealing their identities. The next important feature of the CoinJoin protocol is that it is completely decentralized. This means that there is no central authority or intermediary involved in the mixing process. Instead, users rely on the blockchain to verify the validity of the transaction. CoinJoin is a trustless protocol that relies on cryptography and mathematical algorithms to ensure the privacy and anonymity of users’ transactions. Blockchain and Bitcoin mixing The CoinJoin protocol helps break the link between a user’s old and new bitcoin addresses. When you send bitcoin from one address to another, there is a permanent record of that transaction on the blockchain. However, by using the CoinJoin protocol, you can mix your coins with other users’ coins and effectively break the link between your old and new addresses. There are several tools available for users who want to take advantage of the CoinJoin protocol. One of the most popular is the Wasabi Wallet, an open-source bitcoin wallet that uses the CoinJoin protocol to mix transactions. Another popular option is the JoinMarket platform, which allows users to earn small fees by acting as ‘liquidity providers’ for CoinJoin transactions. However, these services require a Coin Join-supported wallet. How can WHIR help? WHIR is a simple, intuitive, browser-based bitcoin anonymizer that allows you to mix your coins in just two steps. No KYC, no account, and no need for CoinJoin-supported wallet. All you need to do is add the final wallet address of your transaction, and you’ll be given a unique address to send your funds to. The bitcoin mixing process will begin as soon as WHIR receives the first confirmation of your transaction. If you choose the “instant mixing” option, you will receive your mixed bitcoin within a few minutes. To make this coin-mixing process even more secure, WHIR permanently deletes all transaction logs 24 hours after the bitcoin mixing transaction is completed. WHIR does not log IP addresses and does not use third party tracking scripts. The minimum amount you can mix is 0.001 BTC, and for privacy reasons, WHIR limits each transaction to 10 BTC. When it comes to protecting your financial privacy, WHIR stands out not only for its cutting-edge CoinJoin technology, but also for its unwavering commitment to customer satisfaction. As a user of WHIR, you can rest assured that support is available around the clock to address any concerns or questions you may have. WHIR’s commitment to same-day 24-hour support and transparent transaction progress monitoring exemplifies their dedication to customer satisfaction. With a responsive support team always ready to help, and the ability to easily monitor the progress of your transactions, WHIR ensures that you can navigate the mixing process with confidence and ease. Why you should always use onion domain? To properly anonymize your bitcoins, always use the Tor domain of a bitcoin anonymizer. One of the best ways to ensure your privacy and anonymity is to use the onion domain of WHIR bitcoin anonymizer. This is because the onion domain is accessed through the Tor network, which adds an extra layer of security and privacy to your bitcoin transactions. The Tor network is a decentralized network of servers that allows users to browse the internet anonymously. When you access the onion domain of the WHIR bitcoin anonymizer through the Tor browser, your IP address is hidden, making it much harder for anyone to trace your bitcoin transactions back to you. One of the main benefits of using the onion domain is that it provides a much higher level of privacy and anonymity than the standard domain. If you use the standard domain, your IP address and other identifying information may be recorded, making you vulnerable to surveillance and other forms of tracking. Another advantage of using the onion domain is that you can access bitcoin anonymizer from anywhere in the world. Because the Tor network is decentralized, there are servers all over the world, making it easy to access the onion domain of the bitcoin anonymizer from anywhere at any time. The onion domain is also resistant to DDoS attacks. To mitigate these risks and increase privacy and anonymity, the onion domain of WHIR is a highly recommended option to consider. Conclusion WHIR is a revolutionary bitcoin mixing service that leverages the power of CoinJoin protocol to ensure the privacy and anonymity of financial transactions. Using advanced cryptographic techniques, WHIR ensures that your bitcoin activities remain confidential, providing a vital shield against surveillance, monitoring, and potential security breaches. With WHIR, you can enjoy greater financial privacy, security, and take control of your digital assets in an increasingly monitored world. Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Bitgert (BRISE) captures the community’s attention with the Etherscan integration. Despite a slight drop in price, daily trading volume of BRISE surges 31%. Bitgert (BRISE) has become one of the altcoins that generated a lot of buzz among the crypto community. Adding to their anticipation, the BRISE token expanded its scope in the ecosystem by achieving verification on Etherscan. Etherscan is a blockchain explorer and analytics platform for the Ethereum network that tracks all transactions, addresses, tokens, and corresponding prices. Now every interaction of BRISE on the Ethereum blockchain can be tracked on Etherscan. Bitgert (BRISE) Peaks in Popularity Concerning the total supply of the BRISE token range, which stands at 405B as per Etherscan, the active holders have increased recently. According to reports, Uniswap V3 hosts a high number of Bitgert (BRISE) tokens — 197 billion. While the dominant DeFi platform’s version 2, Uniswap v2, accommodates 21.61% of the volume of BRISE. Lately, the BRISE holders community is expanding as the token’s popularity is taking center stage on the internet. Current Status of BRISE Price The current market price of BRISE with respect to CoinMarketCap was $0.0000002603 and it witnessed a slight drop of 0.71% in the last 24 hours. However, the 24-hour trading volume kept growing and observed an increase of 28.88% to stand at $3,369,322. Bitgert (BRISE) Daily Price Chart (Source: CoinMarketCap) Though the global market capitalization ranks a bit higher than usual, the BRISE token seems to have a quiet fall of 0.48% to $102.7 million. Disclaimer: The views expressed in this article are for informational purposes only and do not necessarily reflect the opinions of TheNewsCrypto. The content provided should not be interpreted as investment advice. Highlighted Crypto News Today: Bitgert (BRISE) Price Prediction 2023

Following Ripple (XRP)’s victory in court yesterday, there is a general bullish wave currently sweeping across the crypto market. According to data from CoinMarketCap, Cardano (ADA) has gained by 28.43% in the last 24 hours, with several other altcoins also posting double digits gains. Cardano (ADA) Price Action And Analysis Prior to its price boost yesterday, ADA had shown little to no movement all week, hovering around the $0.29 price mark. However, the token’s price spiked yesterday afternoon, reaching as high as $0.37 for the first time since early June. Related Reading: XRP Price Retreats After Massive 80% Rally, Buy The Dips? Looking at its broader performance, Cardano has had a mixed-price action since the start of 2023. The altcoin began the year in style, gaining over 70% to trade at $0.41 as of February 16. This price surge was, however, followed by a bearish trend bringing the token’s price as low as $0.30 on March 10. Thereafter, ADA would resume its bullish trajectory, rising to its highest price so far in 2023 at $0.45 on April 16. Over the next two months, Cardano’s price slumped once again before showing sideways movement over the last three weeks. Analyzing its 4-Hour Chart, ADA has encountered resistance at the $0.38 price zone and appears to be experiencing a recorrection. However, a rise in selling pressure could result in the token trading as low as $0.28, which marks its imminent support level. On the other hand, if the bulls retake control and manage to push past the $0.38 resistance price level, ADA is likely to rise to $0.42, which represents the next major resistance level. At the time of writing, ADA is trading at $0.35 with a 2.30% loss in the last hour. The token’s trading volume is up by a stunning 808.08% and is valued at $1.4 billion. With a market cap of $12.3 billion, Cardano is ranked as the 7th biggest cryptocurrency in the world. Ripple’s Victory Sparks Altcoin Rally Yesterday afternoon, U.S. Judge Analisa Torres ruled that XRP is not a security in the ongoing Ripple vs. SEC case. On the emergence of this news, the crypto market experienced a price boost, with mainly altcoins notching significant gains. Asides from Cardano (ADA), coins such as Solana (SOL), Avalanche (AVAX), and Polygon (MATIC), are also on the rise, recording profits at 31.98%, 14.50%, and 17.76%, respectively, in the last 24 hours. Related Reading: Optimism (OP) Rides The Wave Of Today’s Crypto Surge With 15% Rally That said, the premier cryptocurrency was not left out of the current market surge. Bitcoin has gained by 2.81% in the last day to trade above $31,000 again. At the time of writing, the total crypto market cap is valued at $1.26 trillion, with a 6.39% increase in a single day.

The price of Stellar (XLM) has experienced a similar meteoric rise to the XRP token in the last 24 hours. This rise was triggered by news that Ripple, the company behind XRP, had won its long-running case against the US Securities and Exchange Commission SEC. The SEC’s case that XRP is a security was the focus of the court trial. To the delight of the crypto community, Judge Annalisa Torres of the US District Court for the Southern District of New York ruled in Ripple’s favor, declaring the XRP token not to be a security. Stellar Looks To Enter The Top 20 Crypto Ranking The altcoin market had been dominated by bearish pressure in recent weeks due partly to the SEC’s declaration of tokens tied to Solana, Polygon, and Cardano as securities. This declaration formed the foundation of the regulator’s case against prominent crypto exchanges Coinbase and Binance. Related Reading: Optimism (OP) Rides The Wave Of Today’s Crypto Surge With 15% Rally That said, the market was jolted back to life yesterday following the announcement of Ripple’s court victory, with most tokens basking in green. Stellar also reacted swiftly to positive market sentiment, going on an almost 90% price rally within a few hours. The token’s price has since steadied, with Stellar currently trading with a 52.4 % gain. With this, XLM’s price rise places it amongst the top daily gainers in the cryptocurrency market today. As of this writing, XLM is valued at $0.147189, with a 3.9% price decrease in the past hour. The token has a 24-hour trading volume of over $1.26 billion, representing a 3,386% surge in the past day. According to CoinGecko data, the Stellar token is closing in on a spot in the top 20 largest cryptocurrencies, with a market cap of nearly $4 billion. Is $0.8 Within Reach For XLM? A look at the broader market shows that XLM has been underwhelming in recent days. Although the token scored some significant gains last month, it appears to have also been affected by the dour market conditions in July. Following the positive price movement of yesterday, investors are hoping to see the XLM price visit the $0.8 again. However, after hitting its all-time high of $0.875563 in 2018, the coin has only ever reached the $0.8 level once. Related Reading: XRP Price Retreats After Massive 80% Rally, Buy The Dips? On the weekly chart, the XLM token must overcome resistance at $0.2 and $ 0.4 price levels. So, it would take extraordinary bullish pressure for Stellar to reach $0.8 again. That said, the Relative Strength Index (RSI), an indicator that tracks the balance between the buying pressure and selling pressure of a token, suggests that the current bullish momentum might be waning. The daily RSI has crossed above the 70-mark, which represents the overbought zone. This indicates that the buying pressure is at its peak, and a reversal might be on the horizon.

The price surge marked a new high for the cryptocurrency in the last three months. Despite today’s increase, Ethereum’s price is still 59% lower than its all-time high. Following a judgment by a U.S. federal court that XRP should not be deemed a security in some contexts, the larger cryptocurrency market is nearly uniformly green today. This upswing has pushed Ethereum, the second-biggest cryptocurrency by market size, back over $2,000 after a two-month absence. The price of Ether (ETH) has risen past $2,000, marking a new high for the cryptocurrency by three months. During the Asian morning hours, the second biggest cryptocurrency by market size rose 7.4 percent, reaching $2,010 in value. Altcoins Rally Following Thursday’s Ripple-SEC verdict, the value of a number of layer-1 tokens rose by double digits, including Solana’s SOL, which has been labeled by the SEC as being a security. The Lido DAO governance token (LDO) has also increased by 25% in the last day. In addition, Bitcoin (BTC) surpassed its yearly high, with prices reaching $31,424. At the time of writing, Ripple’s XRP had risen by 64%, trading at $0.779 cents. Coinglass reports that in the previous 12 hours, cryptocurrency traders have closed short positions totaling $203 million. May 5 was the last day Ethereum traded for more than $2,000, according to data from CoinGecko. There were two short occasions in which Ethereum’s price was over $2,100 in April, but otherwise, ETH has been below $2,000 for the last 11 months. Despite today’s increase, Ethereum’s price is still 59% lower than its all-time high of $4,878 reached in November 2021, when the cryptocurrency market peaked. XRP’s own price has rocketed by 81% over the past 24 hours, and Ethereum is likely to follow the momentum and maintain a base above the $2k mark. Highlighted Crypto News Today: Founder and Former CEO of Celsius Granted Bail on $40M Bond