Altcoin
BTC AT $97K, XRP Rises 7%, ALGO Surges 23%
The crypto prices today remain steady compared to yesterday, showing minimal fluctuations over the last 24 hours. Bitcoin (BTC) regained $97K reflecting strong market sentiment, while major altcoins displayed mixed movements. Ethereum (ETH) and Solana (SOL) prices gained 1-2%, reflecting positive market momentum. However, XRP soared 7% within the last 24 hours. Algorand (ALGO) emerged as the top gainer today jumping 25% over the past 24 hours.
The global crypto market cap increased by 1% from the previous day, reaching $3.32 trillion. However, overall trading volume declined significantly, down 24% to $153 billion over the past 24 hours. Here’s a quick snapshot of the top cryptocurrencies by market capitalization and their price movements today, November 29.
Crypto Prices Today: BTC Hits $97K, ETH and SOL Dip, XRP Surges 7% Amid Legal Win
Bitcoin (BTC) continues to trade at $97K, sparking global market optimism. Over the past week, BTC has moved within a stable range of $90K to $99K, showing strong support levels. Meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) see slight gains, signaling renewed market interest. XRP stood out with a 7% surge driven by positive legal developments.
Bitcoin Price Today
Bitcoin (BTC) price is trading at $96,700, up 1% over the last 24 hours, with a low of $94,677 and a high of $97,000. BTC’s market cap stands at $1.91 trillion, while 24-hour trading volume reached $50 billion, reflecting its market dominance of 57.08%.
Additionally, Bitcoin adoption continues to grow globally. Switzerland’s Canton Bern has passed a bill to explore Bitcoin mining’s impacts. This bipartisan initiative, months in the making, solidifies Switzerland’s position as a leading crypto-friendly region in the EU.
Ethereum Price Today
Ethereum (ETH) price is trading at $3,583, down 1% in the past 24 hours, with a low of $3,531 and a high of $3,642. Its market cap stands at $431 billion, supported by a trading volume of $31 billion, and a market dominance of 12.9%, securing its position as the second-largest cryptocurrency by market cap. Analysts predict ETH price could reach $4,000 soon, driven by Bitcoin’s consolidation or potential climb higher.
Solana Price Today
Solana (SOL) price is trading at $241, up 1% over the last day, with a 24-hour low of $233 and a high of $242. Its market cap stands at $115 billion, with a trading volume of $3.81 billion, giving it a market dominance of 3.43%. As the fourth-largest cryptocurrency by market cap, Solana continues to strengthen its position in the evolving market. Keep watching crypto prices today for the latest updates.
XRP Price Today
XRP price today surged 7% in the last 24 hours, driven by a favorable court order for Ripple in the ongoing lawsuit. The U.S. court has expedited the judgment process, fueling optimism for a massive XRP rally. Currently, XRP is trading at $1.56, with a 24-hour low of $1.43 and a high of $1.57. It boasts a market cap of $89 billion and a trading volume of $6 billion, holding a market dominance of 2.66% as the 6th largest cryptocurrency globally. Stay tuned for crypto prices today as the XRP rally unfolds.
Meme Coins Performance Today
Meme coins are also experiencing bullish momentum today, with Dogecoin (DOGE) up by 1%, currently trading at $0.40, with a 24-hour low of $0.39 and a high of $0.41. Similarly, Shiba Inu (SHIB) has gained 2% in the past 24 hours, now trading at $0.00002589. As Bitcoin nears $100K, many are closely watching the price prediction of Shiba Inu.
Other top meme coins, including PEPE, BONK, and WIF, have also shown a 3-4% increase in the last 24 hours. Keep an eye on crypto prices today as the market continues to move.
Top Crypto Gainer Prices Today
Algorand
Algorand’s (ALGO) price is trading at $0.35, marking a 25% gain in the last 24 hours, making it the top gainer during this period. Its 24-hour low and high are $0.28 and $0.35, respectively.
Worldcoin
Worldcoin (WLD) price is trading at $2.80, up by 15% in the last 24 hours, with a 24-hour low of $2.48 and a high of $3.05. Analysts are noting that WLD price will rally, supported by strong technical indicators and increasing trading volume. These factors suggest that Worldcoin may be positioned for continued upward momentum in the coming days.
Top Crypto Loser Prices Today
Ethena
Ethena (ENA) price has seen a 5% decline in the last 24 hours, now trading at $0.71. Its 24-hour low and high are $0.6853 and $0.7601, respectively.
Fantom
Fantom (FTM) price has been one of the worst performers in the last 24 hours, down by 5%. It is currently trading at $0.102, with a 24-hour low of $0.98 and a high of $1.1032.
The hourly chart looks bullish, with most major altcoins in the green, indicating positive momentum across the market. Algorand (ALGO) continues its upward movement, with prices continuing to rise. Overall, the crypto prices today have strong bullish signs, which could be a positive signal for investors looking for growth in the coming days.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Ripple vs SEC: The US Securities and Exchange Commission (SEC) is likely to drop the appeal in the Ripple lawsuit. Former CFTC Chairman Chris Giancarlo and pro-XRP lawyers believe it’s “very plausible” that new SEC chair under the Trump administration will drop SEC v Ripple Labs lawsuit. It will also prove to be game changing for XRP.
Ripple vs SEC Lawsuit Nears Conclusion
FOX Business Charles Gasparino in an X post said he believes Donald Trump’s election as US President is proving game-changing for XRP. The post garnered massive buzz in the XRP Army, triggering bullish sentiment on Thanksgiving day.
In addition, Gasparino revealed that former CFTC Chairman Chris Giancarlo told him that the “new SEC will drop the appeal” against Ripple. The government agency has appealed the decisions on XRP sales by Ripple as well as executives Brad Garlinghouse and Chris Larsen as not securities. Meanwhile, the company has filed cross appeal whether investment contacts must have ‘essential rights and obligations.’
Pro-XRP Lawyers Bill Morgan, Fred Rispoli and Jeremy Hogan claimed that the appeals will likely get dismissed or withdrawn. Morgan in a post on November 29 added that the appeal would be dropped as Judge Torres made no error.
“The political motive for continuing a near hopeless appeal will largely disappear when its main internal SEC enabler Gary Gensler resigns on 20 January 25,” said Bill Morgan.
XRP Price Eyes Hitting $2 Soon
XRP army looks at least the $2 price rally amid SEC Chair Gary Gensler’s exit and Trump’s crypto policies. The Trump-Vance transition team has nominated pro-crypto leaders to lead government agencies. Paul Atkins is leading the race to become the next SEC chairman. Ripple CLO Stuart Alderoty is bullish on the move.
Another trip to $1.60 pic.twitter.com/1m7b039pSk
— bill morgan (@Belisarius2020) November 29, 2024
The price of XRP has rallied 200% amid the Trump trade. The price has hit $1.64 today, a new 3-year high. Trading volume is rising again as lawsuits are reaching near end.
As CoinGape reported first, US district court ruled in favor of Ripple and CEO Brad Garlinghouse in XRP lawsuit. The judge has now granted a motion to expedite judgment in the In re Ripple Labs Inc Litigation.
Varinder Singh
Varinder has over 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently leading the news team to cover latest updates and developments in the crypto industry.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
The Ethereum Foundation once again caused a stir across the broader market on Friday, revealing that it is investing tens of millions into zkVMs (zero knowledge virtual machines). Justin Drake, a renowned researcher at the organization, revealed this investment strategy. Notably, this investment plan outlined three vital entities that remain poised to leverage the opportunity, per the researcher’s announcement.
Ethereum Foundation Putting Millions Into zkVMs
As per an X post by Justin Drake as of November 29, “The EF is investing tens of millions into zkVMs.” Further, the announcement revealed three key entities that remain poised to leverage this massive investment.
According to Drake, zkevm.org, a zkRISC-V formal verification platform, remains primed to receive support from the Ethereum Foundation’s investment. Simultaneously, Poseidon cryptanalysis and ethproofs.org, other zkVMs, are also poised to leverage this investment.
The Ethereum Foundation’s investments offer support to various components of zkVMs, spanning from formal verification to cryptographic analysis. Overall, the investment talks garnered significant attention as they further underscore ongoing efforts that aim to streamline the Ethereum ecosystem.
What’s Next For ETH Price?
On the other hand, Ethereum co-founder Jeffrey Wilcke’s trades ignited concerns across the broader market. Notably, the co-founder deposited 20,000 ETH to Kraken on November 28, raising severe concerns surrounding the crypto’s price movement ahead.
Intriguingly, Wilcke has been recorded offloading 44,300 tokens at an average price of $3,342 in 2024, solidifying market concerns for one of the leading crypto by market cap.
Against the backdrop of Ethereum Foundation investments and other developments, ETH price slipped more than 1% intraday and is trading at $3,552. Its 24-hour low and high were $3,531.87 and $3,642.19, respectively. Notably, the recent waning movement falls in line with selloff by whales. Notably, the weekly chart for the crypto shows a 5% pump, followed by a monthly upswing of 33%.
Intriguingly, a recent ETH price analysis by CoinGape Media further indicated that the crypto eyes a $4000 target amid this bull cycle. This bullish projection also comes riding the back of strong market potential and ecosystem upgrades.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Binance has announced the delisting of USD-M perpetual contracts for NEM (XEM), Orbs (ORBS), and Loom Network (LOOM). The delisting affects traders who actively engage in derivatives markets for these assets. Binance advises users to manage their open positions to avoid automatic settlements during the process. Following the announcement, the prices of these tokens have dropped by 5% to 7%, reflecting market concerns.
Binance Announces Delisting of XEM, ORBS and LOOM Perpetual Contracts
Binance has reported the delisting of USD-M perpetual contracts for XEM, ORBS, and LOOM tokens. The delisting process will involve automatic settlements at 09:00 (UTC) on December 9. This step is part of the platform’s periodic review of products to ensure optimal performance and mitigate risks for its users.
Starting December 9, at 08:30 (UTC), traders will no longer be able to open new positions in these contracts. Any open positions must be closed before the delisting time to avoid automatic settlements. Failure to do so will result in its Funding Rate Arbitrage Bot closing all arbitrage strategies tied to these pairs.
The exchange has also outlined potential protective measures for volatile market conditions. These measures include adjustments to leverage limits, position values, and margin tiers, as well as changes to funding rates and price index components. Users are urged to remain cautious and follow updates to avoid disruptions.
This announcement reflects Binance’s proactive approach to maintaining platform integrity and safeguarding users against volatile market risks. As one of the top crypto exchanges, Binance continues to adapt its offerings to meet evolving market demands.
Price Movements and Volume Trends Amid Delisting
Following Binance’s delisting announcement, the affected cryptocurrencies have experienced notable price declines. NEM (XEM) price has dropped by 7% and is currently trading at $0.026, with a 24-hour low of $0.02527 and a high of $0.02828.
Orbs (ORBS) price has seen a 6% dip, trading at $0.03301. Its 24-hour low and high stand at $0.03177 and $0.0355, respectively. Loom Network (LOOM) is down by 4%, trading at $0.07367 at the time of writing.
Binance regularly conducts reviews to ensure asset compliance, often delisting tokens as part of these checks. However, prices tend to crash following such announcements, as seen with IDRT, KP3R, OOKI, and UNFI in November.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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