Altcoin News Official TheBitTimes.com

Shiba Inu (SHIB) and Ripple (XRP) are the two most central cryptocurrency tokens in the market. SHIB and XRP both are busy charting new milestones as the market continues to favor the altcoins. At present, both tokens are attracting heavy attention as they both keep introducing new elements in the market. Will SHIB and XRP be able to claim new price spots this weekend? Let’s find out. Also Read: XRP’s Big Leap: ETF Approval & $423K AMM Liquidity Surge—What’s Next? Shiba Inu Weekend Price Prediction Source: Watcher Guru Shiba Inu is currently sitting at $0.00001870, down 0.14% in the last 24 hours. The token, however, continues to be a center of attention in the market as of late. In a new development, the SHIB ecosystem has burnt nearly 1 billion tokens out of supply, all while celebrating the launch of SHIB Torch V2. “The burn, executed on Thursday at 4:34 p.m. UTC, saw precisely 1,000,148,675.028919334994574473 SHIB tokens, worth approximately $18,832.80 at the time of the burn,...

Once trading at a modest $0.50 on November 3 with a market cap of $28.56 billion, XRP has skyrocketed to $2.66 as of December 3, a jaw-dropping 429% surge in just one month, with its market cap swelling to an extraordinary $151.4 billion, as per Finbold market cap data. XRP 1-month price chart. Source: Finbold This meteoric ascent has catapulted XRP to the third-largest cryptocurrency by market capitalization. It’s not just climbing—it’s dominating. Over the past week alone, XRP has gained an eye-popping 88.87%, with a 12.31% increase in the last 24 hours.  The token’s trading volume has also exploded, reaching $42.61 billion in the past 24 hours, up 30.37%. Outperforming both Bitcoin and Ethereum, XRP is comfortably trading above its 200-day simple moving average and has recorded 20 green days in the last 30—a 67% success rate. Picks for you ...

A widely followed crypto analyst says that one rival of global payments network Stellar (XLM) is primed to skyrocket against Bitcoin (BTC). In a new strategy session, pseudonymous crypto trader Kaleo tells his 643,500 followers on the social media platform X that XRP, the native token of the XRP Ledger, is on the cusp of a breakout against BTC as its legal battle against a prominent US regulator has come to an end. “XRP/BTC. And there’s your squeeze. XRP [vs] SEC case is over. And XRP is finally officially declared not a security.” Source: Kaleo/X The U.S. Securities and Exchange Commission (SEC) initially sued XRP in December 2020, claiming that the asset was an unregistered security. The regulator lost the legal battle in 2023 when a judge ruled that the retail sale of XRP tokens did not qualify as a securities contract. Though Ripple was fined $125 million earlier this week for improperly selling the digital asset, Ripple’s CEO hailed ...