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XRP has been one of the best-performing cryptocurrencies this year, having gained more than 50% and trading at over $3 multiple times. Last week, Ripple and the U.S. Securities and Exchange Commission (SEC) also agreed to dismiss their appeals, finally putting the longest-running crypto dispute to rest. With Ripple now free to dedicate its resources where it matters, and with the regulatory environment growing ever more crypto-friendly, the market debates whether XRP can reach new heights in the following months. XRP price prediction To put the bullish predictions to the test, Finbold consulted OpenAI’s latest ChatGPT-5 chatbot regarding potential XRP price targets for the end of 2025.  The artificial intelligence (AI) took into account the cryptocurrency’s price of $3.21 at press time, as well as factors such as analyst projections and technical indicators, and came up with four potential scenarios we might witness by December 31. XRP price prediction....

With XRP flying high as investors react to the resolution of the Securities and Exchange Commission (SEC) case, on-chain data suggests that more upside for the asset might be on the horizon. This projected rally is rooted in the fact that XRP’s Market Value to Realized Value (MVRV) ratio has formed a golden cross, a technical pattern that occurs when the short-term MVRV ratio moves above its long-term 200-day moving average (MA). XRP MVRV chart. Source: Santiment This rare event has occurred only twice in recent years, and both times it preceded major rallies, as observed by cryptocurrency trading analyst Ali Martinez in an X post on August 8. According to the expert, the last two times this pattern appeared, XRP soared 630% and 54%, respectively.  Notably, the MVRV ratio measures how overvalued or undervalued an asset is compared to its “fair value” based on historical acquisition prices. If XRP were to repeat its best historical performance of a 640% ...

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Nike, an American athletic footwear and apparel company renowned in the non-fungible token for its sneaker collectibles, has announced plans to exit the non-fungible token market in January 2025. Nike appears to be following the footprints of the crypto exchange Kraken, which also announced plans to wind down its non-fungible token marketplace. Kraken and Nike’s exit plans show that the NFT market has matured and is now scaling down weak brands and projects. Nike Shuts Down Its NFT Studio RTFKT In a December 02 press release, Nike confirmed plans to shut down its digital asset incubation studio RTFKT in January 2025. The athletic footwear and apparel company acquired its digital asset studio RTFKT in December 2021. Nike’s exit appears a time, when the non-fungible token market is retesting a strong bull run, which has pushed some floor prices back above 30 ETH. pic.twitter.com/ySShPa0I7r — RTFKT (@RTFKT) December 2, 2024 RTFKT is a digital asset incubation studi...

Digital Asset blames the ASX for not providing it with crucial information while the ASX says these claims are misleading. Digital Asset — the New York firm responsible for Australian Securities Exchange’s now-abandoned blockchain -based clearing system — has blamed the securities exchange for dropping its blockchain plans. Meanwhile, representatives of the ASX have clapped back in statements to Cointelegraph, calling the claims misleading. For the last seven years, the ASX was poised to be the world’s first securities exchange to adopt blockchain technology, which would be in partnership with the New York-based firm. However, in a u-turn, ASX announced on May 17 that it would be abandoning the upgrade and likely look at more conventional tech. According to a recent report from The Australian, Eric Saraniecki, the co-founder of Digital Asset told the attendees of a June 8 parliamentary joint committee on corporations and finance that there were two main reasons why the blockchain...

Inspired by Bitcoin Ordinals inscriptions, Ethscriptions offer a new way to mint NFTs on Ethereum. Ethereum users have been given another way to create nonfungible tokens (NFTs) and other digital assets on the blockchain with the launch of a new protocol. Launched on June 17 the protocol, dubbed “Ethscriptions,” is a nod to the Bitcoin (BTC) Ordinals protocol — where assets are known as “inscriptions.” Ethscriptions was developed by music website Genius.com co-founder Tom Lehman, who uses the pseudonym Middlemarch on Twitter. Lehman declared the project a “huge success” in a series of tweets on June 17 and noted nearly 30,000 Ethscriptions had been created within the first 18 hours of the protocol going live. With almost 30k Ethscriptions in <18 hours, the launch was a huge success! Thank you for seeing the massive potential here! I am on Ethscriptions 24/7, but I need your help! DM @proroketh to join our protocol Twitter chat. Ideas, bug reports, NO alpha, NO trading, NERDS ONLY! ...