Crypto Bits

BSV Slides Below $50 as Coinbase Ends of Support for Bitcoin SV

Coinbase, America’s largest cryptocurrency exchange, announced its plans to end support for Bitcoin SV (BSV) on its platform. This decision comes more than two years after the exchange initially delisted BSV from trading. Coinbase Sets Deadline for BSV Withdrawals According to the announcement, Coinbase will cease to support the BSV asset as of early next...
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Very Curious Revalation in the Ripple (XRP) v. SEC Case

A letter from December 2020 reveals that renowned American legal scholar Joseph Grundfest advised former SEC commissioner Jay Clayton not to sue Ripple, as it would mean a systemic, international risk that could hurt a significant number of innocent XRP holders. John E. Deaton, from Crypto Law US, published the letter on a thread on...
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Bitcoin Mining Stocks Lead NASDAQ Gains: 20% Rally in 48 Hours

Bitcoin mining stocks have been among the stock market’s best performers all year. The situation got even better since the start of the week as several miners rallied double digits. The surge in the cryptocurrency market this month rallied the price of Bitcoin and other cryptocurrencies. That includes an increasingly dominant Bitcoin market cap, as...
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Coinbase Removes 80 Trading Pairs: Details

Coinbase announced the delisting of several trading pairs starting today in a bid to enhance overall market health and consolidate liquidity. The leading crypto exchange said the latest decision comes after regularly monitoring the markets on its platform. Coinbase Delists 80 Non-USD Trading Pairs According to an announcement on October 17th, Coinbase said it had...
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Taylor Swift and Ripple? Fans Can Purchase Concert Tickets in XRP

TL;DR BitPay now allows users to purchase tickets for Taylor Swift’s upcoming “Eras Tour Movie” concert using various cryptocurrencies, including XRP, SHIB, BTC, and ETH. To buy tickets, users should visit the AMC website, select the desired concert, and choose the crypto payment option during checkout. Increasing adoption of cryptocurrencies like XRP and SHIB may...
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Two Important Warnings the Shiba Inu Community Should Watch Out For

TL;DR Shiba Inu community warned about misleading emails and an unofficial LinkedIn account. Shiba Inu’s Ragnar clarifies that SHIB isn’t on the Fantom (FTM) chain. Officials caution against misused SHIB logos, suspicious Dapps, and trading the token Calcium (CAL). More SHIB Alerts The Shiba Inu community received another stark warning regarding circulating fraudulent emails in the space....
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Major Options Exchange to Launch Ripple (XRP) Pairs in January: Details

TL;DR Deribit plans to launch linear options for XRP, SOL, and MATIC in January, targeting European markets and doubling down on derivatives trading. Despite its price fluctuations, XRP remains a popular choice for payments, with institutions like HSBC allowing its use. Following its legal victories against the US SEC, XRP might be on the verge...
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Is The US SEC Stuck Against Ripple (XRP)? US Lawyer Chips In

TL;DR Jeremy Hogan estimates a 40% chance of a trial in 2024, a 32% chance of a settlement, and a 19% chance of an agreement by end of 2023. Some believe the SEC might extend the legal process to maintain uncertainty in the crypto sector. Yassin Mobarak suggests the SEC might drop charges against Ripple...
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Bitcoin Price Prediction by Binance CEO Changpeng Zhao: What Will Happen After the Halving?

TL;DR Binance CEO Changpeng Zhao expects Bitcoin (BTC) to reach new all-time highs after the April 2023 halving but advises against premature FOMO. CZ notes common patterns during BTC halvings, including hype, heightened expectations, and market unpredictability, emphasizing that BTC’s price won’t double overnight but will see adjustments and consolidation. CZ suggests that typically, a...
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Problem Solved: SHIB Telegram Admin Account is Secure Again

TL;DR The Shiba Inu team resolved a SHIB Telegram account hack, with security measures like two-factor authentication (2FA) implemented. A fake BONE token airdrop was promoted via the compromised account; Vet Kusama warned the community. Shiba Inu officials consistently alert the community about potential scams and advised caution with the SHIB-related Calcium (CAL) token. Fixing...
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Watch Out: Hackers Promote Fake BONE Airdrop via SHIB Telegram Admin Account

TL;DR The SHIB Telegram admin account was compromised, leading to a fraudulent BONE token airdrop announcement. Vet Kusama alerted the community about the fake token distribution, urging people not to click on related links. Shiba Inu community members are advised to be cautious, as there are consistent threats from scammers impersonating legitimate projects and figures....
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Ripple (XRP) v. SEC Lawsuit Trial Date is Now Set

TL;DR Ripple achieved another legal victory as a federal judge dismissed the SEC’s appeal to a July ruling; Following this win, XRP’s price surged to nearly $0.55 amid a broader cryptocurrency market decline, marking its second significant price increase in response to legal developments. Six Months Left Ripple secured another major victory in its legal battle against...
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This Bitcoin Metric Plummets to a 5-Year Low But Is It Bullish?

TL;DR Bitcoin supply on exchanges is at a 5-year low of around 2.29 million BTC. The percentage of BTC supply on exchanges has decreased from 5.99% to 5.73% since September 1st, indicating decreased selling pressure. Whales have been accumulating BTC, controlling over 66% of the circulating supply, and the top 1% of Bitcoin addresses own...
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We Asked ChatGPT if XRP Will Be a Top 3 Crypto in 2024 if Ripple Wins SEC Case

TL;DR Ripple vs. SEC: In 2023, a judge ruled that XRP’s secondary sales aren’t investment contracts, boosting its price. XRP’s Rank: Despite the court’s positive stance, XRP remains outside the top 3 cryptocurrencies by market cap. Future of XRP: Its rank depends on adoption, market dynamics, competition in payment solutions, and macroeconomic trends. Ripple v....
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Shiba Inu (SHIB) on the Verge of Hitting a Massive Milestone

TL;DR Shibarium Achievements: Shiba Inu’s layer-2 solution, Shibarium, has reached nearly three million completed transactions and has over 1.25 million wallet addresses within two months of its launch. Potential Impact: Shibarium, introduced to reduce fees and enhance transaction speed, might positively influence SHIB’s market valuation as its use increases. Transactions are Booming The layer-2 scaling...
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Five Things to Be Extremely Careful About: Shiba Inu (SHIB) Team With Massive Warning

Shibarmy Scam Alerts – the X (Twitter) account dedicated to protecting the Shiba Inu community from fraud and bad actors – warned people to be extra cautious when connecting the crypto wallets to unknown decentralized applications. In the following lines, we will break down the five main approaches wrongdoers use to con victims. ‘Let’s Play...
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Gary Gensler Has No Idea What Security Is According to This Pro-Ripple (XRP) Lawyer

John E Deaton – a US attorney who represents thousands of Ripple investors in the lawsuit against the US Securities and Exchange Commission (SEC) – launched another bashing manifest towards the agency’s Chairman – Gary Gensler. The latter has been criticized for his negative approach to the cryptocurrency industry, with some arguing that the Commission’s...
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Can Ripple (XRP) Outperform Bitcoin (BTC) in the Next Bull Run?

The cryptocurrency market has flashed green recently, with most digital currencies charting substantial gains. Bitcoin (BTC) – the largest by market capitalization – and XRP – Ripple’s native token – are undoubtedly amongst those. In this article, we will observe ChatGPT’s answer to the question of whether XRP has a chance to outperform the primary...
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Bitcoin Price Predictions, Ripple (XRP) Developments, SHIB Adoption: Bits Recap Oct 2nd

The past few days have witnessed multiple news surrounding the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) and some essential developments focused on the popular memecoin Shiba Inu.  XRP – the native token of Ripple – has also been in the spotlight, registering a significant spike at the end...
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We Asked ChatGPT How High Can Bitcoin Go During the Next Bull Market

Bitcoin’s price has been on the move throughout the past 24 hours and managed to increase to around $28,000. This comes on the back of millions worth of liquidated short positions and an increased trading volume across the board. As the market sentiment betters, we decided to take the opportunity to poke ChatGPT’s artificial brains...
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Users Can Now Trade XRP and DOGE Against PayPal’s Stablecoin

The leading cryptocurrency exchange – Crypto.com – recently teamed up with the payment platform PayPal to become the preferred marketplace for the recently launched stablecoin – PayPal USD (PYUSD). As such, it said there are now new trading pairs on the application. In the following lines, we will outline which ones exactly. Support for XRP...
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Top Ripple (XRP) Price Predictions in September (Some Will Shock You)

Ripple’s XRP has been one of the most popular cryptocurrencies throughout the last few years, and not without a good reason. The lawsuit between the United States Securities and Exchange Commission and Ripple has been going on for a few years now, and it seems to be entering its decisive stage. The impact it’s had...
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We Asked ChatGPT When Will the Next Ripple (XRP) Bull Run Start?

Ripple’s XRP is undoubtedly one of the most popular cryptocurrencies, with a strong community of devoted supporters and millions of holders. The coin is one of the veterans in the industry and has consistently been a part of the top 10 largest cryptocurrencies by means of total market cap for many years now. However, in...
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Ripple v. SEC: Pro-XRP Lawyer Says This is the Regulator’s Dumbest Argument

John E. Deaton – a US attorney representing thousands of Ripple investors in the lawsuit against the US Securities and Exchange Commission (SEC) – does not see how the regulator will prevail. He described the agency’s claim that it wants faster adjudication than the blockchain enterprise as the “dumbest argument” he had heard. In his...
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SHIB Official Issues a Warning on Suspicious Partnerships Involving Shiba Inu

Shibarium Discord admin, using the X (Twitter) handle DaVinci, alerted individuals to do proper research before taking all rumors about a partnership involving Shiba Inu for granted. Relying only on verified sources is the key to making “informed decisions,” they added. The Latest Warning DaVinci argued that there are numerous bad actors who use the...
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Important Ripple (XRP) v. SEC Lawsuit Update Sep 29th

Despite Ripple’s partial victory in July, the legal battle between the company and the US Securities and Exchange Commission (SEC) continues at full speed.  In this article, we will outline the latest essential details surrounding the lawsuit as well as Gary Gensler’s (Chairman of the regulator) most recent reaction to the dispute. The Battle Goes...
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Find Out Why Shiba Inu (SHIB) Burn Rate Exploded by 1,000% Overnight

The self-proclaimed Dogecoin (DOGE) killer – Shiba Inu (SHIB) – continues to see a massive number of tokens removed from its total circulating supply. It witnessed a 947% surge in its burning rate over the past 24 hours. The Latest Figures According to data provided by Shibburn, the total number of SHIB tokens sent to...
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The Past 24 Hours for Ripple (XRP), Shiba Inu (SHIB), and More

The news surrounding Ripple, its native token – XRP, and the popular memecoin – Shiba Inu (SHIB), are among the most intriguing for the crypto community.  In the lines below, we will take a closer look at what happened over the past few days and touch upon the latest price predictions from experts. Ripple IPO...
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Ripple (XRP) to Hit $43 in September 2024: Analyst Predicts But is it an Outrageous Analysis?

With Ripple (XRP) taking the headlines by storm in the last few months, there has been a lot of buzz and speculation about the possible outcome of its case against the SEC and of course, XRP’s future price. As usual, crypto analysts and traders have been closely following XRP’s latest movements, balancing between narratives, news,...
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Bear Market Effect: Bitcoin Addresses Holding Over 1,000 BTC Drop to a 4-Year Low

According to the blockchain data platform Glassnode, the total number of Bitcoin addresses owning 1,000 BTC or more has plunged to its 2019 levels. The entity revealed that currently, there are just 1,997 addresses holding over $26.4 million worth of the primary cryptocurrency (calculated at current prices). 📉 #Bitcoin $BTC Number of Addresses Holding 1k+...
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Bitcoin (BTC) $ 84,715.70 1.46%
Ethereum (ETH) $ 1,622.97 1.76%
Tether (USDT) $ 1.00 0.02%
XRP (XRP) $ 2.18 5.65%
BNB (BNB) $ 593.24 0.45%
Solana (SOL) $ 130.24 4.73%
USDC (USDC) $ 1.00 0.01%
Dogecoin (DOGE) $ 0.165893 1.94%
TRON (TRX) $ 0.247229 0.76%
Cardano (ADA) $ 0.650984 2.93%
Bitcoin (BTC) $ 84,715.70 1.46%
Ethereum (ETH) $ 1,622.97 1.76%
Tether (USDT) $ 1.00 0.02%
XRP (XRP) $ 2.18 5.65%
BNB (BNB) $ 593.24 0.45%
Solana (SOL) $ 130.24 4.73%
USDC (USDC) $ 1.00 0.01%
Dogecoin (DOGE) $ 0.165893 1.94%
TRON (TRX) $ 0.247229 0.76%
Cardano (ADA) $ 0.650984 2.93%