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BTC Holds $90K, OM Soars 40%, HBAR Rises 28%

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Crypto prices today hold steady following last week’s gains. Bitcoin (BTC) remains at $90K. Ethereum (ETH), Solana (SOL), and XRP rise 1-10%. Meme coins also show strength, with Dogecoin (DOGE) up 8% and Shiba Inu (SHIB) up 6%. The crypto market cap stands at $3.05 trillion, up by almost 2% in the last 24 hours. However, trading volume has dropped by 10%.

It’s noteworthy that MANTRA (OM) and Hedera (HBAR) emerged as the day’s leading gainers. Additionally, the meme coin sector soared in line with the broader market sentiment.

Here’s a brief collection of some of the top cryptocurrencies by market cap and their price action on November 16.

Crypto Prices Today: BTC, ETH, SOL, & XRP Witness Gains

Top cryptocurrencies BTC price traded above $90,000, Ethereum (ETH), Solana (SOL), and XRP prices gained 1%-9%. This upward movement has sparked significant market intrigue as the broader industry reflects immense bullishness in Q4 this year. Further, even the meme coin sector soared in line with the broader trend, as seen by Dogecoin and Shiba Inu intraday price movements.

In addition to the top cryptocurrencies, both Hedera (HBAR) and MANTRA (OM) have shown remarkable gains in the last 24 hours. So, let’s dig deeper into the major crypto tokens and their prices today.

Bitcoin Price Today

BTC price gained nearly 0.5% in the past 24 hours and is now trading at $90,503. Its intraday low and high were recorded as $88,741 and $94,433, respectively. BTC’s market cap soared 0.5% from yesterday and is now resting at $1.79 trillion. Further, the flagship crypto’s market dominance witnessed a 0.04% increase in value to 58.77%.

Ethereum Price Today

ETH price gained roughly 1% in the past 24 hours and is now trading at $3,104. Its intraday low and high were $3,044 and $3,160, respectively. Ethereum’s market cap stood at the $374 billion level today. Simultaneously, the top altcoin market dominance was at 12.27%.

Solana Price Today

Simultaneously, SOL witnessed gains worth 11% in the past 24 hours and is now trading at $239. The token’s’s 24-hour low and high were $215 and $241, respectively. Solana’s market cap reached $113.92 billion today. The token soars alongside the broader market sentiment.

Notably, Solana meme coin PNUT has further caught the eyes of market participants, embarking on a rally amid backing from major exchanges.

XRP Price Today

XRP price soared roughly 5% in the past 24 hours and is now trading at $1.12. The coin’s intraday low and high were $1.05 and $1.13, respectively. XRP’s market cap is at $63.53 billion today, witnessing considerable gains among altcoins recently.

Simultaneously, in light of the remarkable gains, crypto analysts are bullish on a further XRP rally to as high as $4.96 following its breakout above $1. In a recent X post, Egrag Crypto analyzed XRP’s market cap, noting its rise above Fib 0.07 ($51.35 billion) and reaching Fib 0.786 ($60.06 billion), suggesting a potential surge to $1.83 trillion in market cap.

Meme Crypto Prices Today

DOGE price witnessed gains worth 6% over the past day and is now trading at $0.3688. It has now secured its position as the 7th top cryptocurrency by market cap. The 24-hour low and high for DOGE are $0.3461 and $0.3755, respectively. The 24-hour trading volume stands at $7.15 billion.

Simultaneously, Shiba Inu (SHIB) price surged 5% in the past 24 hours to $0.00002483. Its 24-hour low and high are $0.00002388 and $0.00002562, respectively. The trading volume in the last 24 hours is $1.18 billion.

Further, even PEPE, WIF, and BONK prices witnessed an uptick worth 5%-12%. The meme coins sector shows good gains today.

Top Crypto Gainer Prices Today

MANTRA

OM price has broken its all-time high, surging an impressive 40% over the past day. It is now trading at $4.30. The altcoin’s intraday low and high were $2.90 and $4.36, respectively.

Hedera

HBAR is up by 30% in the last 24 hours and is currently trading at $0.114. The 24-hour low and high are $0.08343 and $0.11, respectively.

Raydium

Raydium is up by 18% and is currently trading at $5.98. Its 24-hour low and high are $5.175 and $6.164, respectively. Trading volume has shot up 265% in the last 24 hours.

Peanut the Squirrel

PNUT is up further by 15% after a 2000% rally last week. The price is currently trading at $1.75, with a 24-hour low and high of $1.51 and $1.93, respectively.

Top Crypto Loser Prices Today

Ethereum Classic

ETC price dropped by 6% in the last 24 hours and is currently trading at $26.20. Its 24-hour low and high are $25.20 and $27.83, respectively.

Flare

FLR is trading at $0.02, with a 5% drop in the past 24 hours. The 24-hour low and high are $0.01943 and $0.02186, respectively.

Moreover, the hourly time frame charts indicate that BTC rising marginally while ETH gains 0.35%. The crypto market witnessed overall bullish sentiment over crypto prices today among investors. AI coins are gradually picking pace mimicking the broader market gains recently.

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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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Expert Reveals Why BlackRock Hasn’t Pushed for an XRP ETF

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With Ripple’s XRP lawsuit settlement finally in place, the crypto community is abuzz with anticipation over a possible XRP ETF launch. Despite the growing frenzy over XRP exchange-traded funds, the world’s largest asset management company, BlackRock, remains silent, sparking significant attention.

Detailing BlackRock’s vision and possible reasons behind its silence, expert All Things XRP shared a series of X posts. Let’s explore the expert’s threads, reading through the key points that shed light on BlackRock’s strategic approach to crypto investments.

Why Is BlackRock Silent on XRP ETF?

In a series of X posts, expert All Things XRP shed light on BlackRock’s strategic moves that steer them away from an XRP ETF. According to the expert, BlackRock’s hesitation to launch an XRP exchange-traded fund is driven by many factors regulatory concerns, market dynamics, and strategic considerations.

BlackRock Focuses on Bitcoin and Ethereum

Notably, the asset manager’s focus on Bitcoin and Ethereum ETFs is one of the main reasons to shy away from XRP. BlackRock is currently riding the wave of success with Bitcoin and Ethereum.

Reportedly, iShares Bitcoin Trust boasts over $30 billion in Assets Under Management (AUM). In addition, BlackRock’s ETH ETF has reached $1 billion in AUM in just two months. In light of this success, the platform is cautious about exploring other altcoins to mitigate potential risks.

Moreover, XRP may not meet BlackRock’s internal thresholds for demand, liquidity, and legal clarity. According to the company’s ETF executives, only Bitcoin and Ethereum currently meet these requirements.

Regulatory Concerns

As noted by the expert, regulatory concerns play a major role in BlackRock’s hesitation to back Ripple. Although both Ripple and the SEC dropped their appeals in the XRP lawsuit, the case is not officially over, with the label of “security” still lingering around.  This uncertainty may deter the investment giant from applying for an XRP ETF.

Recently, All Things XRP shared insights on CEO Brad Garlinghouse’s crucial role in Ripple’s growth.

BlackRock’s Strategic Wait-and-See Approach

Interestingly, BlackRock is adopting a cautious approach, waiting for competitors like Grayscale and Franklin Templeton to launch their XRP ETFs. While these platforms will face the possible regulatory hurdles first, it will pave the way for BlackRock’s easy entry into the ETF space. This approach will also allow BlackRock to gauge institutional appetite for XRP products and assess the risk landscape.

Whoever takes the lead, an XRP ETF launch is poised for a significant price surge in the Ripple coin.

In addition, the asset manager’s fake XRP ETF filing in 2023 has further strengthened their cautious stance. Previously, the filing went viral and sparked ambiguity within the crypto market. The investment firm had to publicly deny involvement, potentially damaging their reputation. This incident might have made them cautious about pursuing an XRP ETF, at least for now, as they may want to avoid similar PR issues.

Will BlackRock Launch an XRP ETF?

Additional factors like lack of demand and XRP’s relatively small market share have also contributed to the asset manager’s decision. However, BlackRock is expected to push for an XRP ETF in the future after tackling all the possible hurdles.

BlackRock is known for launching products at the right moment, when the odds are in their favor. The strategic move is expected when XRP meets complete regulatory clarity and market stability. As per All Things XRP, BlackRock is envisioning dominating the market. The expert cited, “But if and when they do, it’ll be to dominate the space — not just participate.”

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Nynu V Jamal

Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.

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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Expert Says Solana Price To $2,000 Is Within Reach, Here’s How

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While investors are scanning the horizon for a short-term Solana (SOL) rally, cryptocurrency expert CryptoCurb is predicting an ultra-bullish price movement. CryptoCurb argues that a Solana price of $2,000 is “absolutely realistic” given the current fundamentals and on-chain indicators.

Solana Price To $2,000 Is A Realistic Projection

Pseudonymous cryptocurrency analyst CryptoCurb is predicting a massive growth spurt for Solana in the near future. In an X post, the expert says the Solana price can achieve a valuation of $2,000 given its impressive network metrics.

He hinges his projection on several factors, including Ethereum’s previous price performance. Ethereum price spiked to a $600 billion market capitalization during the last cycle with its steep fees and scalability issues.

A $2K SOL price will translate to a $1 trillion market capitalization that will see it flip Ethereum as the largest altcoin. CryptoCurb notes that if Ethereum can post impressive figures during the last cycle, Solana has the capabilities to be valued at $2,000.

“2K is absolutely realistic if Solana keeps its global adoption pace with minimal disruptions and continues to scale,” said CryptoCurb.

Rising network inflows are expected to send the Solana price on a short-term rally to $150 before a big push to $2K. Currently, the Solana price is pegged at $140 with a market capitalization of $72.6 billion, making CryptoCurb’s prediction an uphill climb.

A Wave Of Impressive Metrics Around SOL

While CryptoCurb did not disclose an exact timeline for his $2,000 prediction, he points to a short-term seismic price increase. The expert his backing his predictions with a swathe of network metrics pointing to fresh bullishness.

Solana has the highest number of active addresses over the last seven days at 28.4 million. The network led the pack for transactions at 369 million, trouncing Tron, BNB Chain, Base, and Bitcoin.

Solana is finding application in several Web 3 verticals given its speed, low cost, and scalability. In the last week, the Solana price has risen by nearly 7% while 24-hour trade volume has risen by 36%.

Last week, Canada launched the first SOL ETF with prices projected to surpass $250, reversing a forming death cross. Solana open interest crossed 5.5 billion, climbing by 10% amid rising whale activity in the ecosystem.

Rising bullish metrics for the network suggest that SOL will reach $200 before ETH reclaims $3,000.

 

 

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Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.

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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Expert Predicts Pi Network To Reach $5 As Whales Move 41M Pi Coins Off Exchanges

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Crypto expert PiMigrate recently predicted that the Pi Network price could reach a new all-time high (ATH) of $5. This comes amid recent whale movements, with these investors moving 41 million Pi Coins off exchanges.

Expert Predicts Pi Network To Reach $5

In an X post, PiMigrate stated that Pi Network’s journey to $5 has just begun. He remarked that the altcoin has very strong support at $0.6. As such, the expert believes that this $5 price target is a “very possible valuation.” PiMigrate added that good utilities will push the altcoin to this target.

Another expert, Moon Jeff, also predicted that the Pi Coin price can reach this $5 target. In an X post, the expert concluded that the altcoin can reach this price target following his analysis.

Pi NetworkPi Network

He alluded to his accompanying chart, which he described as being bullish, indicating that the Pi Network price can indeed reach this $5 target. The chart also showed that the altcoin has formed a strong support level at its current price.

Crypto analyst Xia also recently claimed that the Pi Coin’s momentum is building fast after it surged past the $0.63 mark with strong volume. She also noted that the RSI and MACD are turning bullish for the altcoin.

This bullish outlook for the Pi Coin comes amid recent huge whale accumulation. A Pi community page revealed that these investors moved a whopping 41 million coins (around $27 million) off exchanges in 48 hours. Specifically, these whales moved over 13 million Pi Coins from OKX to several wallets. This presents a bullish outlook for the coin since exchange supply is declining.

Pi Needs To Reclaim This Symmetrical Triangle

While analyzing the Pi Network’s price on the higher timeframe, analyst Alpha Crypto stated that the altcoin needs to reclaim its symmetrical triangle to resume its upward move.

Pi CoinPi Coin

The analyst remarked that once Pi reclaims this structure, market participants can look for a potential long setup. He added that on the flipside, if the price falls outside the triangle, it could open up a short opportunity. Alpha Crypto urged traders to wait for confirmation rather than rushing.

From a fundamentals perspective, top exchange listings could send the Pi Coin price higher. CoinGape recently reported that top exchange HTX had fueled listing speculations with a cryptic post on its X platform. Meanwhile, Pi community members remain hopeful that Binance will soon list the altcoin.

These community members will have their eyes on the Consensus 2025 conference, where Pi Network founder Nicolas Kokkalis will allegedly join an exclusive list of industry players to speak at the event.

Expert Dr. Altcoin described the event as a pivotal moment for Pi Network, as it will provide an opportunity for the Pi team to promote the network’s ecosystem.

At the time of writing, the Pi Coin price is trading at around $0.63, down almost 3% in the last 24 hours. Trading volume is also down over 36%, with $96.34 million traded during this period.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.

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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