Movement Kurs MOVE

The post Is Ripple Lawsuit Ending Today? SEC’ To Discuss ‘Settlements’ And Other Legal Matters Today appeared first on Coinpedia Fintech News The ripple effect in the XRP community is palpable as the SEC gears up for another closed-door meeting, scheduled for February 13, 2025. This marks the third consecutive weekly closed session under the Sunshine Act, and the excitement is building. Could this be the meeting where the SEC finally pulls the plug on its appeal against Ripple, leading to a significant rally? The stakes are high as XRP’s future may rest on the commission’s next steps. A withdrawal of the appeal could potentially trigger a surge, pushing XRP toward a new all-time high. At the same time, the market is awaiting greater legal clarity, as asset managers are keenly interested in XRP ETFs. Key Topics on the Agenda Institution and settlement of administrative proceedings; Institution and settlement of injunctive actions; Resolution of litigation claims; and Other matters relating to examinations and enforcement proceedings. In particular, the meeting will address the institution and settlement of injunctive actions, administrative proceedings, and the resolution of litigation claims—subjects closely tied to the ongoing SEC vs. Ripple case. Experts are speculating that an official move toward resolving the SEC vs. Ripple case could set off a massive rally within the broader crypto space. The potential end of this legal battle could also pave the way for a Ripple IPO and open up other market opportunities, possibly leading to a more favorable tax environment for XRP holders. While the immediate focus is on the SEC’s next moves, many are looking beyond the Ripple case to the broader regulatory landscape. The SEC’s establishment of a new task force to clarify crypto rules under the Trump Administration has led to optimism that clearer regulations are on the horizon.

$DOGE ANALYSIS : DOGE rejected it previous market structure point from last year march 2024. Price likely to move up from here and DOGE always go bullish with the Elon's Tweet. Potential reversal can happen from here.

The $IP/USDT pair is looking like it's in a state of calm before a potential storm hits the crypto market. You see, when we look at the broader crypto landscape, there are a few trends that could indicate a big move is on the horizon. For instance, the USDT dominance chart is showing an inverse cup and handle pattern, which could signal a breakdown and a subsequent surge in the entire crypto market ¹. Additionally, the low-volatility environment we're currently in could be a sign that a major bull run is just around the corner. Some analysts believe that this calm period is just the precursor to a massive storm that will shake up the crypto market ². And if we look at the historical data, we can see that similar periods of low volatility have led to rapid changes in Bitcoin's price ³. Now, when it comes to $IP specifically, it's hard to say exactly what will happen, but if the crypto market as a whole starts to move, it's likely that $IP will follow suit. So, it's definitely worth keeping an eye on this pair and the broader market trends to see if we can catch a big move before it happens ⁴ ⁵.

TL;DR Grayscale’s Cardano ETF filing boosts confidence, with analysts eyeing targets of over $3 for ADA’s valuation if approved. Whales have accumulated 1.4 billion ADA since November 2023, reducing supply and potentially contributing to a 110% price increase since then. Where Next for ADA? Cardano’s native token is among the very few leading altcoins charting some gains on a weekly scale. It currently trades at around $0.79, or a 5% increase for that period. ADA Price, Source: CoinGecko The resurgence is a consequence of several factors, perhaps the most important of which is Grayscale’s move. As CryptoPotato reported earlier this week, the largest digital asset manager filed for a Cardano exchange-traded fund (ETF) with the New York Stock Exchange. The product (if it receives the necessary green light) will provide investors with a regulated and accessible way to gain exposure to ADA without needing to hold the asset directly. This could have a beneficial effect on the price in the long term. Many analysts on crypto X support that thesis. The one using the moniker Max Brown suggested that the potential approval of the investment vehicle could come soon and fuel a rally to $3 and even higher. Ali Martinez and Carl Moon also chipped in, albeit making less bullish predictions. The former thinks ADA “is breaking out,” envisioning a spike toward $0.83 “if momentum holds.” Carl Moon believes the price could soar to $1.23 if it breaks a particular “falling wedge” formed in the last two months. As observed on the chart, ADA needs to surpass $0.81 for this potential surge to happen. Those willing to explore additional price forecasts can take a look at our dedicated article here. The Whales’ Activity Another element that could influence ADA’s resurgence is the actions of large investors, known as whales. Crypto analytics platform Santiment recently revealed that those holding at least 1 million tokens have been consistently accumulating since late November 2023. They purchased over 1.4 billion ADA and 2.35% of the entire supply during this period. The coin’s price has risen by over 110% since whales restarted the buying spree. This shouldn’t come as surprise since these actions reduce the circulating supply of the asset and could make it more valuable (assuming demand remains constant or increases). Additionally, purchases from whales often signal confidence in ADA, leading other investors to follow their example. The post Top Cardano (ADA) Price Predictions as of Late appeared first on CryptoPotato.

Ethereum’s price has been dropping rapidly over the past few weeks, and while it has seemingly slowed down, more downside movement is still possible. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, it is evident that ETH has been experiencing a massive crash since breaking below the 200-day moving average, which is currently located around the $3,000 mark. While the price has even tested the $2,100 support zone during the crash, it has recovered and is currently testing the $2,700 level from below. If the market is able to reclaim this level and the 200-day moving average soon, a new bullish trend could begin. On the other hand, if it fails, the $2,400 support level will be the first target for a subsequent bearish move. The 4-Hour Chart Looking at the 4-hour chart, things look more interesting, as the asset has been moving inside a descending channel pattern lately. Yet, the market is about to test the higher boundary of the pattern, and in case of a breakout, it would likely rally at least toward the recent major high of $2,900. On the other hand, a breakdown of the pattern could lead to a rather quick drop toward the $2,400 region. Sentiment Analysis By Edris Derakhshi (TradingRage) Open Interest During the recent Ethereum crash, a large number of futures traders have been liquidated and kicked out of the market, and not many are willing to return and open leveraged positions at the moment. This is clearly evident in the chart above, which demonstrates the Ethereum open interest metric. It displays the total number of open futures contracts in all perpetual futures exchanges. As the chart depicts, the recent price crash has been simultaneously aggravated by and led to large liquidation cascades, which is shown by the massive plunge in open interest. Yet, this can be a good sign, as the futures market is cooling down, and a dominant buying pressure from the spot market can result in a recovery soon. But, of course, this is heavily reliant on whether the demand is able to overpower supply in the spot market. The post Ethereum Price Analysis: ETH Faces Deeper Troubles, Risks Falling to $2.4K appeared first on CryptoPotato.