Altcoin News by Thebittimes.Com

The XRP price prediction remains neutral as investors remain uncertain about the ongoing Ripple vs. SEC battle. James K. Filan has reported that the SEC has taken no stance on applications to file amicus briefs by Philip Goldstein, Investor Choice Advocates Network (ICAN), and SpendTheBits in the ongoing Ripple dispute. In place of that, Filan imposes a single stipulation. The SEC wants to be allowed to file a reply brief in support of its motion for summary judgment on November 15 in case the motion is granted.  Phillip Goldstein, SpendTheBits, and the International Cryptocurrency Action Network have all said that they plan to file amicus briefs in support of Ripple in the ongoing dispute . According to SpendTheBits, Bitcoin transactions on XRP take only five seconds.  Amicus Curiae and Recent Developments Some people, both inside and outside the crypto community , have been making predictions based on the current state of affairs since things started to t...

During the European session, Bitcoin remains bullish, having gained over 5% in the last 24 hours to trade at $20,475 per coin. In the last 24 hours, the total value of all cryptocurrencies has increased by $66 billion, or +7%, to $994.06 billion. As a result, the rest of the cryptocurrency market rose, with many large capitalizations seeing double-digit gains. A slew of fundamentals are keeping Bitcoin bullish, can we expect BTC to rise further, and is now a good time to buy? Let's find out. An Uptrend in US Stock Market to Keep BTC Supported Stock indexes in the United States rose, extending a market rally that had already pushed the Dow Jones Industrial Average to a six-week high. US Treasury rates fell as a result of dismal consumer confidence data and rising concerns about the cost of living, allowing US stocks to rise for the third day in a row.  S&P500 Price Chart - Source: Tradingview The Nasdaq Composite rose over 246 points, or 2.3%, to $11,199, whi...

On Wednesday, major cryptocurrencies were trading in the green during the Asian session, as the global crypto market value climbed 0.20% over the previous day to $918.72 billion. In contrast, the total crypto market volume fell 8.20% in the last 24 hours to $49.50 billion. The overall volume in DeFi was $3.14 billion, accounting for 6.35% of the total 24-hour volume in the crypto market. The overall volume of all stablecoins was $46.85 billion, accounting for 94.65% of the total crypto market 24-hour volume. Bitcoin has plummeted by more than 5% in the last seven days. The leading cryptocurrency, on the other hand, is now gaining immediate support near $18,870, the triple bottom level.  On the other hand, Ethereum, the second most valuable cryptocurrency, is expected to recover above the $1,270 support level. IMF Downgrades Economic Projections  The World Economic Forum has received a fresh warning from the International Monetary Fund. According to the IMF,...

Shiba Inu price prediction is slightly bearish as the meme coin has violated the symmetrical triangle pattern, and now it's trading at $0.00001106. Despite a 1.72 trillion SHIB withdrawal from Huobi exchange, SHIB fails to gain bullish momentum. Shiba Eternity, Shiba Inu's first collectible card game, was just released on global mobile platforms for consumers to download and play.  Many people were wondering what impact the revelation would have on cryptocurrency sentiment . Shiba Inu hasn't reacted much to the news so far. Shiba Inu Withdrawal - 1.72 Trillion SHIB Leaves Huobi According to blockchain data, a "Shiba Inu whale" has just cashed out $1. 72 trillion worth of SHIB from the Huobi cryptocurrency market, which may be good news for the price of SHIB. The Shiba Inu withdrawal transaction was worth about $19.4 million but has now dropped to under $19.1 million. Such big transactions are typically the work of a single whale or a group of ...