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Showing posts with the label trading

Buy XRP Now at $2.85, Sell at $3, Making 8% Profit

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XRP’s price has been moving on a seesaw for a month, trading between the $2.80 and $3 price range. The Ripple’s native token has climbed to the $3 level twice in September, every time it fell to the $2.80 range. The price trajectory could repeat as the altcoin is now at the $2.85 level. Taking an entry position now with an investment of $1,000 could allow traders to accumulate 350 XRP tokens. Even during the dips, the leading altcoin is receiving heavy buying sentiments from whales and retail traders. Its daily trading volume has remained steady above $3.5 trillion for a month. Also Read: XRP Price Surge: Could 100 XRP a Month Make You a Millionaire by 2030? The development indices indicate that the altcoin is brimming with activity, with traders buying and selling the token. Therefore, chances remain high that XRP could climb above the $3 mark again in the coming weeks. The trading pattern to buy the altcoin at $2.85 and sell it at $3 comes under ‘Swing Trading’...

XRP Buy Alert: 2 Powerful Signals of Ripple’s Soaring Rally Ahead

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Ripple (XRP) is undoubtedly one of the most successful cryptocurrency tokens to explore as of today. The token has weathered several legal lanes and scenarios to emerge at the top of the market radar. Ripple (XRP) is leaving no stone unturned to rise on top of the market and make its presence known to the entire global circuit. The token is busy exploring the cross-border payment domain, coupled with avenues valuing fast blockchain prowess, honoring XRP as the center of this change. That being said, the token is currently flashing a strong buy call, and here are the two reasons why missing out on XRP may cost you investors big time in the future. Also Read: How to Buy XRP on Binance.com, Kraken & More: Step-by-Step Guide Two Reasons Why Missing Out On XRP May Cost You in the Future 1. Analyst’s $23 Price Call Source: Watcher.Guru XRP is heading towards a massive $23 price haul, as predicted by notable analyst Egrag Crypto. The expert shared how XRP is slowly moving towards $23 as i...

XRP key price level to watch as $2.50 remains in sight

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Summary ⚈ XRP is consolidating near $2, eyeing a breakout toward $2.50 if key support levels hold ⚈ Bullish sentiment dominates the asset, with 71% of futures traders expecting a price rise ⚈ Legal and ETF developments could trigger major price moves XRP is consolidating just above the $2 mark, with the asset’s next push toward the $2.50 level dependent on key price zones. To this end, FenzoFxBroker Analysis indicated that for the asset to reclaim $2.50, the resistance at $2.35 remains a key level to clear.  In a TradingView post, the Analysis suggested that a clear break above this barrier could pave the way for a push toward the psychologically significant $2.50 mark,  an elusive level in recent trading sessions. XRP price analysis chart. Source: TradingView XRP must hold above the $2.120 support zone to maintain its bullish bias. A failure to do so could signal weakness, potentially leading to a decline toward the $2.034 support.  ...

Doodles NFT Sales Rise 236% – Here’s What Fueling This Surge

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Doodles, one of the leading blue-chip non-fungible token collections in the global non-fungible token market, has seen its trading sales volume skyrocketing to greater heights today. In the past 24 hours, the Doodles NFT collection has recorded a trading sales volume of $2.4 million, up over 244% surge from the past day. In this article, we shall explore in-depth some of the factors fueling its sudden growth. Doodles Rise +236% In Daily NFT Sales Volume Data compiled by DappRadar.com, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, shows that the Doodles non-fungible token collection has surged in trading sales volume. In the past 24 hours, the Doodles non-fungible token collection has raised a trading sales volume of $2.14 million. During this period, the Doodles NFT trading sales volume has soared 236% from the previous day. Apparently @doodles is heating up for the event in Paris today. Any news will be released? Well, we will see ● ...

Wall Street Pepe ICO Enters Final Week – Biggest Crypto Launch of 2025?

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The presale for Wall Street Pepe (WEPE) is nearing its conclusion, leaving just seven days for investors to secure their tokens before the launch. This project has captured attention, with many speculating that it could see significant growth post-listing. Presale opportunities provide investors with a strategic entry point, often at a lower cost before the volatility of open trading. Historically, many tokens experience a surge in value once listed on platforms such as CoinMarketCap and CoinGecko, followed by additional exposure from centralized and decentralized exchange listings. Wall Street Pepe appears to be following a similar trajectory, with its presale currently in its final phase. Wall Street Pepe Presale Ends Soon – Big Potential for Early Investors Wall Street Pepe has raised over $70 million in two months, breaking past meme coin fundraising records. With just seven days left before the presale closes, investors need to act fast to get $WEPE before it sells out. ...

Automation in DeFi: How Bots & Smart Contracts Are Changing the Game

Automation in DeFi: How Bots & Smart Contracts Are Changing the Game! Decentralized Finance (DeFi) has revolutionized the financial landscape, introducing new levels of transparency, accessibility, and efficiency. One of the most impactful innovations within DeFi is automation, powered by bots and smart contracts. These technologies are reshaping the way users trade, lend, borrow, and earn yield-reducing human error, increasing speed, and enabling 24/7 market participation. The Role of Bots in DeFi Bots have become essential tools in DeFi, offering automation for traders, liquidity providers, and arbitrageurs. Some of their primary functions include: Trading Bots Automated trading strategies that execute buy/sell orders based on predefined conditions, minimizing slippage and capitalizing on market inefficiencies. Arbitrage Bots These bots scan multiple DeFi platforms for price discrepancies, executing trades to profit from them. They help balance prices across decentralized excha...

Trader suing Pump Fun still uses the platform

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The lead plaintiff in a recently filed lawsuit against memecoin platform Pump Fun is reportedly still using the site despite having lost almost $50,000 trading its tokens. In the lawsuit filed yesterday by Burwick Law, its main plaintiff was shown to have lost $231 trading the Peanut the Squirrel (PNUT) memecoin. However, tracing the trader’s address reveals that his wider Pump Fun trades have lost him a total of $49,535 . So I dug into the plaintiff a little bit more. Not only is he down $50k on pump​.fun trades, he’s kept trading there even after the lawsuit was filed. pic.twitter.com/CWltA3mJQO — Molly White (@molly0xFFF) January 17, 2025 Molly White shared transactions that revealed he continued to trade after the lawsuit was filed. Crypto journalist Molly White first detailed the losses, noting that the lawsuit failed to include a decimal in the token’s volume, leading some to claim that he would’ve been a billionaire if he’d held. Instead, White no...

Crypto trader makes $77 million on a $3k investment

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Cryptocurrencies hold the potential to significantly transform global financial systems — either through reconfiguring the mechanisms of transaction or serving as a new store of value.  Even with all of the institutional adoption and increasing mainstream appeal seen over the last couple of years, it’s important to note that these factors are still nascent — and that the primary drivers in this new space are still speculative investments. While instances of savvy traders turning pennies into generational wealth have become a rarer sight as the industry matures, they do still happen. As of late, most such trades have been in the domain of meme coins — with risky, short-term gambits. Picks for you Quantum computing fears liquidate $1.6 billion of crypto trades in a day – What’s next? 2 hours ago ...

PEPE and Solana (SOL) on the Rise Following Listings on US-Based Crypto Exchange Bitstamp

Two popular altcoins are surging in price after receiving surprise listings from US-based crypto exchange platform Bitstamp. In a new blog post, the crypto exchange says that its US branch is adding support for smart contract platform Solana (SOL) and Pepe (PEPE), a frog-themed meme asset built on top altcoin Ethereum (ETH). “The day US fans of Solana and Pepe have been waiting for is finally here! We’re excited to announce that well-known Solana and the popular meme coin Pepe are now available for trading on Bitstamp in the US.” News of the listings sent both SOL and PEPE flying, as Solana went from a low of $235 on November 28th to a peak of $246 the next day while PEPE went from a low of $0.00001941 to a peak of $0.00002101 during the same time frame. Both SOL and PEPE have since retraced and are trading for $240 and $0.00002038 at time of writing, respectively. In its post, Bitstamp describes Solana as “a cutting-edge blockchain platfo...

The Unstoppable Rise Of CryptoPunks NFTs: Another Punk Sells For +$1.2M

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The global non-fungible token market, once seen as a revolutionary investment, is now seeing significant downturns, leaving many crypto and non-fungible token holders making massive losses. Despite the recent speculations and volatility stirred by the United States Securities and Exchange Commission along with other factors, the CryptoPunks have broken all limitations and barriers to become the top-selling NFT collection. A few hours ago, another punk sold for over $1.2 million. Punk 9368 bought for 550 ETH ($1,265,786.46 USD) by 0x9045de from 0x0232d1. https://t.co/dHeRzV7vTY #cryptopunks #ethereum pic.twitter.com/MJfdn81GbC — CryptoPunks Bot (@cryptopunksbot) September 9, 2024 Last month, the United States Securities and Exchange Commission (SEC) issued a well notice to OpenSea, one of the largest NFT marketplaces in the NFT market, claiming that many of the NFT collections on its platform are securities. This regulatory concern has stirred some fear, uncertainty and doubt ...

Crypto trader turns $650 into $67K in 7 hours

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As the cryptocurrency industry continues to grow, investors are finding opportunities to profit from carefully timing their crypto trades, as demonstrated in the example of one crypto trader making over $67,300 in just seven hours trading meme coins on the Tron (TRX) network. Specifically, trader ‘TEP7…T1da’ has spent 5,000 TRX, worth $650, to purchase 6.87 million Sundog (SUNDOG), after which they sold 4.57 million SUNDOG for 522,840 TRX, worth $68,000, thus earning 517,849 TRX, or $67,300, according to the data shared by Lookonchain in an X post on August 16. As the blockchain analytics platform pointed out, these trades took place over the course of a mere seven hours, during which the crypto trader made a 104 times return on their investment, and they are still holding 2.29 million SUNDOG, worth $76,000 in unrealized profits. Picks for you ...

Hong Kong’s largest online broker Futu Securities launches Bitcoin and Ethereum trading

Futu Securities launches Bitcoin and Ethereum trading in Hong Kong with zero fees. New users can receive incentives like Bitcoin or shares of Alibaba and Nvidia. Futu seeks a crypto exchange license for PantherTrade amid Hong Kong’s crypto hurdles. Futu Securities International, Hong Kong’s largest online broker , has introduced retail cryptocurrency trading in the city, marking a significant advancement in its financial services. The broker age firm, known for its extensive reach and innovative offerings, now allows residents to trade Bitcoin and Ethereum on its platform. This initiative comes after a partnership with HashKey Exchange, one of only two licensed cryptocurrency exchanges in Hong Kong. Bonuses and waived crypto trading fees The launch comes with enticing bonuses. New account holders who deposit HK$10,000 (approximately $1,280) for 60 days can receive either HK$600 worth of Bitcoin, a HK$400 supermarket voucher, or a share of Al...

U.S. CFTC to aggressively pursue crypto exchanges that violate trading laws

U.S. Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero said the regulator will continue to pursue cryptocurrency exchange s that break the law. In a statement quoted by Business Insider, the commissioner emphasized that “there are no pirate ships in US markets” and that “access to American customers is a privilege, not a right.” Romero added that the CFTC will not tolerate the use of virtual private networks (VPNs) and other services that help users circumvent know your customer (KYC) rules, including pop-up questions that simply ask users to confirm that they are not located in the United States. “It should be crystal clear that the CFTC will not stop in its pursuit of non-U.S. entities.” Caroline D. Pham, CFTC Commissioner Statements by representatives of the regulator came against the backdrop of several high-profile proceedings against the largest cryptocurrency exchange s. You might also like: CFTC files legal ...

TradFi meets DeFi: Swiss meta-exchange unifies trading across FX, CEXs and DEXs

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This Swiss platform unifies traditional finance experience with DeFi, coining the term “MEX” with its Smart Engine meta-exchange. Crypto gets traditional finance treatment with the Smart Engine, a first-of-its-kind meta-exchange by SwissBorg. Unifying the experience for FX, CEX and DEX trading, Smart Engine has recently integrated with Solana, bringing direct fiat on-ramps for Solana-based projects. The cryptocurrency market is fragmented, with thousands of coins listed on a variety of centralized (CEXs) and decentralized (DEXs) exchanges. This complexity is a barrier to entry for both individuals and institutions from traditional finance. Crypto trading is complex, difficult to use, and requires a deeper understanding of the underlying technology to succeed. Users also need to create new accounts on multiple trading platforms and complete rigorous Know Your Customer (KYC) processes for each CEX just to access a wide range of assets and trading pairs. Even then, getting the lowest sli...

Trader exploits Multichain opening to turn $280k to $1.9M; community suspects insider job

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The momentary opening of the frozen bridge raised suspicion of it being an insider job as the trader in question was the only beneficiary. A wallet address turned nearly 1.9 million FTM worth $280,000 to $1.9 million within hours of exploit ing the long-frozen Multichain Bridge opening momentarily, leading to insider job speculations among the crypto community . The Multichain Bridge, frozen since its exploit in July 2023, opened momentarily and closed again on Nov. 1. The wallet seized the opportunity of the momentarily opened bridge to make millions of dollars in profits. looks like someone was able to drain ~$1MM from @MultichainOrg in the last ~3 hours even though it's supposed to be frozen withdrew 1.2MM $FTM from binance on @FantomFDN traded for multichain WBTC/ETH/USDT bridged out and deposited back to binancehttps://t.co/pP5GluGUH1 pic.twitter.com/AbUJVQBmds — devops199fan ⌐◨-◨ (@devops199fan) November 1, 2023 Several depegged assets, such as WBTC, cost less on ...

TrueCoin’s third-party vendor breach potentially leaks TUSD user data

TrueCoin’s internal systems were not impacted or accessed, as the company confirmed that the attack was an isolated incident and limited to a third-party vendor. Stablecoin TrueUSD (TUSD) announced a potential leak of certain Know Your Customer (KYC) and transaction history data as one of TrueCoin’s third -party vendor s got compromised.  TrueCoin was the operator of the TUSD stablecoin till July 13, 2023. On Oct. 16, a third-party vendor’s security team informed TrueCoin of “an anomalous account change within [TrueCoin’s] organization made by a compromised support vendor.” As a result, TrueCoin suspects the compromise of some of TUSD’s existing customer data. TUSD team was informed by TrueCoin that they received a third -party vendor 's notification that the vendor ’s Security Team detected “an anomalous account change within [TrueCoin’s] organization made by a compromised support vendor .” — TrueUSD (@tusdio) October 16, 2023 TrueCoin’s internal systems were not impact...

Uniswap launches Android wallet beta for Google Play

Uniswap launched a beta version of its wallet app for Android, paving the way for a Google Play Store launch once testing is complete. Decentralized crypto exchange Uniswap launched a closed beta Android version of its mobile app on October 12, according to a blog post from the app’s development team. Uniswap has previously only been available on PC and iOS mobile devices. “WEN ANDROID?” How about now? The Uniswap wallet is coming to Android users The beta is LIVE — sign up here to get early access https://t.co/9OHhpSqbez pic.twitter.com/vXsn2NS5Sx — Uniswap Labs (@Uniswap) October 12, 2023 Uniswap is the world’s largest decentralized crypto exchange by cumulative volume, having processed over $1.7 trillion worth of trades since its inception, according to data from DeFi Llama. Most of its trades have been done via a web-based application. However, the team launch ed a mobile app for iOS on April 13. Prior to this date, the team had complained that Apple was holding up the app’s l...

Hong Kong official states retail stablecoins trading not yet allowed

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Hong Kong official reinforces that retail investors cannot trade stablecoins until they are regulated, likely in 2024. This follows that the virtual asset trading platform JPEX has come under suspicion for its alleged involvement in a conspiracy to commit fraud. Hong Kong’s security concerns Hui Ching-yu, Hong Kong’s Secretary for Financial Services and the Treasury, addressed these concerns during an interview on the Investment Committee program on Oct. 6.  In the interview, he goes on to state the seriousness of the fraud case involving JPEX and how this underscores the need for enhanced supervision for virtual asset trading . He also states that service providers have been using stablecoins like USDT on a broad scale. However, some of these stablecoins have experienced volatility issues in the past. You might also like: Hong Kong Stock Exchange launches smart contract-powered settlement platform Because of these reasons, Hui shares, retail trading of s...