Bonk price continued its strong rally, reaching an all-time high of $0.000060, 
making it one of the top-performing meme coins. Bonk (BONK) was trading at 
$0.0000543, up by over 39,166% from its all-time low, giving it a market 
capitalization of…

Crypto expert explains why BONK price could go parabolic

CEX.IO has announced an update to its liquidity aggregation engine, enabling 
access to a broader range of external liquidity sources. The enhancement 
tightens the order book, minimizes price discrepancies, and provides near-zero 
spreads on most trading pairs, according to a…

CEX.IO improves platform with tighter order book, near-zero spread

MicroStrategy has increased its convertible debt offering to $2.6 billion, up 
from its original $1.75 billion target, according to a Nov. 20 statement. The 
firm stated that the proceeds from this offering will fund additional Bitcoin 
acquisitions and other corporate needs. Offering details The convertible notes 
will be sold privately to institutional buyers under Rule […]
The post MicroStrategy eyes $2.6 billion raise for Bitcoin acquisition as it 
breaks into top 100 US firms appeared first on CryptoSlate.

MicroStrategy eyes $2.6 billion raise for Bitcoin acquisition as it breaks into top 100 US firms

Nasdaq-listed Hoth Therapeutics has announced plans to purchase Bitcoin as a 
treasury reserve asset. Hoth disclosed on Nov. 20 that its board of directors 
had approved the acquisition of $1 million worth of Bitcoin (BTC). The 
biopharmaceutical company will become…

Hoth Therapeutics approves purchase of $1m Bitcoin

Recently, XRP has experienced a significant increase in value, reaching a 
three-year peak of $1.27. The token is currently trading at $1.09 on a 
sustained weekly increase of 80%, and many investors are contemplating whether 
this marks the beginning of a new bull run. Related Reading: Solana Market Cap 
Hits Milestone: $400 Price Target Gains Traction Nevertheless, a seasoned 
analyst is uncertain. She cautions that XRP has demonstrated bullish 
potential; however, it is probable that a correction will occur before the 
altcoin can make its next significant move. XRP Hits 3-Year High &#8211; What&#8217;s 
Next? The recent increase in the price of XRP to $1.26 has piqued the interest 
of traders, indicating a resurgence in market optimism. For the first time in 
years, the altcoin surpassed the $1 threshold, a feat that many believed was 
unattainable. CasiTrades advises caution in spite of this encouraging trend. 
She anticipates that the altcoin will experience a temporary decline before it 
can resume its upward trajectory. XRP is currently trading at $1.09, a 
decrease of approximately 3.5% from its weekend peak. This suggests that there 
may be a short-term cooldown. This decline may indicate that the market is 
anticipating a more advantageous entry point before attempting to increase the 
price. Anticipating The &#8216;Appropriate Entry Point&#8217; CasiTrades has identified 
several critical price levels for potential buy-ins. She suggests that the 
0.382 Fibonacci retracement level at $0.98 be monitored. The 0.5 level at 
$0.88 could also be a good opportunity to enter the altcoin before the price 
heads back up if the price declines further. These retracement levels indicate 
that XRP is currently in a typical consolidation phase following a significant 
rally, providing investors with an opportunity to enter the market prior to 
the next significant surge. Although the correction is anticipated to be 
temporary, it offers a significant opportunity for those who have been 
hesitant to invest to do so at a more favorable price. I&#8217;m back with an 
important update on #XRP! Exciting times ahead, but a reminder to avoid 
chasing price action. Wait for the retracement to key levels (ABC, W4) and let 
the market structure confirm your entry. Here&#8217;s what I see- Strong 
confirmation the lows are in ✅ with a… pic.twitter.com/16mb8ZmTDo — CasiTrades 
🔥 (@CasiTrades) November 18, 2024 XRP: Long-Term Bullish Outlook CasiTrades 
remains optimistic regarding the long-term potential of XRP, despite the 
anticipated decline. She is of the opinion that the altcoin could experience 
substantial gains once the market stabilizes and establishes new support 
levels. A firm bullish outlook is indicated by the price targets for XRP, 
which range from $8 to $13, provided that the market conditions are in 
alignment. The analyst said there&#8217;s no change in her long-term outlook. 
&#8220;$8-$13 target is not too far from here,&#8221; she added. Related Reading: Poland 
Could Lead With Bitcoin Reserve, Presidential Hopeful Says Legal Support 
Meanwhile, XRP has recently received a legal boost. The Securities and 
Exchange Commission was accused of overreaching in the crypto space by 18 US 
states in lawsuits filed last Thursday. Despite the fact that the lawsuits 
have not explicitly referenced XRP, the case has the potential to facilitate 
the establishment of a more supportive regulatory environment for crypto 
assets, which would likely be advantageous to Ripple and XRP. A pullback may 
be imminent in the near future. However, the future of XRP appears promising 
for those who approach it correctly, given the firm support and heightened 
bullish sentiment. Featured image from DALL-E, chart from TradingView

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