Hottest coins of the week
The featured cryptocurrencies list was generated through our sophisticated AI-driven analysis that meticulously evaluated the market sentiment surrounding tokens within the 500 most prominent articles over the past week, in conjunction with a thorough AI-examination of their price trends.
Ripple (XRP)
XRP shows immense potential for an upcoming breakout following a multi-month trendline retest. Ripple’s promising partnership considerations with Mexico’s Central Bank and the Australian Freight & Trade Alliance also add to the positive outlook. Experts forecast a recovery to surpass $0.6.
Read more on: u.today, thecryptobasic.comCardano (ADA)
ADA with its major upgrade in top wallet indicates high potential for positive price movement. Cardano offers encouraging prospects with its steady development and technology progression.
Read more on: u.today, www.newsbtc.comPolygon/Matic (MATIC)
MATIC boast bullish stance and possible uptrend after achieving considerable gains in recently. Additionally, the temporary pause on Binance for MATIC network transactions due to an upgrade suggests high potential once the pause lifts, presenting lucrative growth opportunities.
Read more on: ambcrypto.com, mpost.ioSolana (SOL)
Potential growth for SOL is notable with double-digit surges predicted. Comparatively, the largest SOL inflow since March 2022 and major upgrades serving as positive indicators despite loss of key momentum. Experts foresee a rebound in its price action.
Read more on: dailyhodl.com, news.bitcoin.comChainlink (LINK)
With its potential to profit from real-world asset tokenization, Link exhibits strong fundamentals. Market participants expect a bullish reversal and foresee profits for investors soon.
Read more on: ambcrypto.com, www.coindesk.com
Top stories last week
- What to Expect When Caroline Ellison Takes Stand in Fraud Trial
During the trial of Sam Bankman-Fried, former CEO of Alameda Research Caroline Ellison is expected to testify. Ellison has accused Bankman-Fried of directing her to misuse FTX user funds.
Read more on www.coindesk.com - JPMorgan Conducts First Blockchain-Based Collateral Settlement
First blockchain-based collateral settlement has been conducted by JPMorgan Chase with BlackRock and Barclays. The system employs tokenized shares of BlackRock as collateral in a trade with Barclays.
Read more on cryptonews.com - Binance Launches UK Domain Compliant With New Rules
With new FCA regulations in mind, Binance has launched a UK domain. The new regulations require a more stringent promotion of crypto-related products.
Read more on coingape.com - Ethereum Founder Vitalik Buterin Makes Another ETH Sale
Vitalik Buterin, the co-founder of Ethereum, has completed another sale of ETH. Approximately 1,700 ETH, equivalent to $1.64 million, was transferred to Bitstamp in the sale.
Read more on u.today - OpenAI CEO Raises Alarm Over US Stance on Crypto
OpenAI CEO Sam Altman has raised concerns about the US government’s stance on Bitcoin and cryptocurrency. He warns of the government’s ‘War’ on the industry, urging for regulatory clarity.
Read more on dailycoin.com - Ripple Moves 60 Million XRP; Whale Movements Detected
60 Million XRP has been moved by Ripple, causing a stir in the community. Other notable movements include a Shiba Inu whale buying billions of SHIB tokens.
Read more on coingape.com - Bitcoin, Ethereum Analysis: Market Reacts to Comments from Rogan, Altman
Bitcoin and Ethereum price movements have been analyzed in light of recent comments made by public figures Joe Rogan and Sam Altman. Bitcoin managed to climb back above $28,000 post these remarks.
Read more on news.bitcoin.com - Shiba Inu Whales Disappear Amid Price Drawdown
The number of Shiba Inu (SHIB) whales has decreased dramatically during a period of price stagnation, with one whale moving $33 Million in SHIB.
Read more on u.today - Upbit Deflects Numerous Hacking Attempts H1 2023
Upbit, the crypto exchange, managed to deflect around 159,000 hacking attempts in the first half of 2023, indicating increased security threats to exchanges.
Read more on www.coindesk.com - Bankman-Fried’s Lawyers Seek to Interrogate FTX Co-Founder
Sam Bankman-Fried’s lawyers are seeking court approval to question FTX co-founder Gary Wang about $200M Alameda loans, as part of their defense strategy.
Read more on mpost.io
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