Cointelegraph By Ciaran Lyons
The XRP Ledger (XRPL) recorded 251.39 million on-chain transactions during the first quarter of 2024, an increase of approximately 108% compared to the last quarter of 2023.
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Phantom Wallet has climbed to third position on the utility category on the Apple app store and several crypto commentators are taking it as a bullish signal for Solana.
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Despite ongoing speculation about Bitcoin's next potential "deep correction," some cryptocurrency analysts disagree on its likelihood.
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Coinbase institutional research analyst David Han believes “there is room for surprise to the upside on this decision.”
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The Australian Securities and Exchange Commission claims that John Louis Anthony Bigatton promoted the crypto lending platform at four seminars and via two social media posts.
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The United States Department of Justice alleges Thomas John Sfraga convinced a victim to invest in a "fictitious" cryptocurrency” wallet after promising significant gains.
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Another Bitcoin break above $70,000 will be a significant signal for traders but until it happens, analysis is “pretty futile,” according to Mati Greenspan.
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Altcoins have “tactical opportunities” but not the massive gains seen in previous cycles, says 10xResearch head of research Markus Thielen.
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The break in Bitcoin’s daily downtrend and heightened demand from whales indicate Bitcoin’s price could jump, but analysts expected it to take a few weeks.
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The Gann Fanns model and an emerging Inverse Head and Shoulders pattern are top of mind for traders to see if Bitcoin can “bounce” above its all-time high.
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