Francisco Memoria

News Reporter

Francisco is a cryptocurrency writer who's in love with technology and focuses on helping people see the value digital currencies have. His work has been published in numerous reputable industry publications. Francisco holds various cryptocurrencies

Articles by Author

Altcoins XRP

XRP’s Market Cap Surpasses that of Wall Street Giant Goldman Sachs After Rising to 7-Year High

The price of the native token of the XRP Ledger has surged by more than 44.5% so far this year significantly outperforming the wider cryptocurrency market and boosting its market capitalization to nearly $200 billion. The surge has seen XRP’s market cap surpass that of Wall Street giant Goldman Sachs, with data from Google Finance […]
Altcoins Solana ($SOL)

Solana (SOL) Surpasses $100 Billion Market Capitalization Amid Crypto Market Rally

The price of the native token of smart contract platform Solana (SOL) has surged nearly 5% over the last 24-hour period in a move that saw its total market capitalization top the $100 billion mark. The price of SOL surged amid a wider cryptocurrency market movement that saw the price of XRP, for example, move […]
Altcoins XRP

XRP Crosses $3 Mark for First Time in Seven Years. Why is It Up Today?

The price of XRP is up more than 17% over the last 24-hour period, significantly outperforming the wider cryptocurrency market as other major digital assets including bitcoin, ether, and SOL are up between 2.7% and 14% in the same period. XRP’s price surged means it has crossed the $3 mark for the first time since […]
Altcoins Cardano

Cardano Whales Amass Over 100 Million ADA Tokens in Just 48 Hours

Whales on the Cardano (ADA) network have amassed over 100 million tokens in just 48 hours, as the cryptocurrency’s price began to recover amidst a broader crypto market rise. According to data from the on-chain analytics firm Santiment, shared by popular cryptocurrency analyst Ali Martinez on the microblogging platform X, Cardano whales purchased over 100 […]
XRP

XRP Surges as Wider Crypto Market Remains Flat. Why is it Up Today?

The price of the native token of the XRP Ledger is up more than 6% over the last 24-hour period while most other major cryptocurrencies are relatively flat, with bitcoin being up around 0.5%, ether moving up just 0.07%, and BNB even dropping 0.4% XRP is outperforming the wider cryptocurrency market over various factors including […]
Altcoins XRP

Crypto Analyst Says XRP Has ‘One of the Most Bullish Setups in Crypto’ as Token’s Price Outperforms

The native token of the XRP Ledger has “one of the most bullish setups in crypto right now” after retesting its potential breakout zone, which means it could soon see a significant upward move to new highs. That’s according to popular cryptocurrency analyst Ali Martinez, who noted on the microblogging platform X (formerly Twitter) that […]
Altcoins

Crypto Whale Snaps Up Hyperliquid ($HYPE)Tokens Amid Price Dip

Cryptocurrency whales are taking advantage of a dip in the price of the native token of the high-performance hybrid exchange Hyperliquid, which is designed to combined elements of centralized and decentralized exchanges. According to data from on-chain analysis service Spot On Chain, crypto finance firm Amber Group has spent a total of $7.22 million to […]
Altcoins

Crypto Trades Fumbles $3 Million Opportunity in Hot AI Meme Token

A cryptocurrency trader has fumbled a massive trade after buying 24.25 million tokens of the hot new AI-related meme-inspired cryptocurrency Large Language Model ($LLM)  for 9.17 SOL worth little over $1,800, and selling them just two minutes later. According to data shared by on-chain analysis account Onchain Lens on the microblogging platform X (formerly known […]
Bitcoin ($BTC)

Why is the Crypto Market Down Today? Bitcoin Drops to $93,000 on Potential $6.5 Billion Sell-Off

The total market capitalization of the cryptocurrency space has dropped by more than $60 billion over the last 24-hour period over a combination of factors, including reduced expectations of Federal Reserve interest rate cuts and a potential massive BTC sell-off from the U.S. government. Equities markets started dropping earlier in the week after job openings […]
Altcoins Cardano

Cardano Whales Snap Up 10 Million ADA Tokens Amid Price Drop

Whales on the Cardano (ADA) network have accumulated over 10 million tokens in the span of 24 hours as the price of the cryptocurrency started dropping amid a wider crypto market correction. According to data from on-chain analytics firm Santiment shared by popular cryptocurrency analyst Ali Martinez on the microblogging platform X, Cardano whales bought […]
Markets

Crypto Market Downturn: $700 Million in Liquidations in 24 Hours

In the last 24-hour period, the cryptocurrency market has lost nearly $240 billion from its market capitalization amid a significant market drawdown that has been the price of bitcoin plunge from over $102,000 to $95,000 at the time of writing. The market downturn has seen liquidations on centralized trading platforms top $700 million in the […]
Altcoins XRP

Why is XRP Down Today? Crypto Market Performance For Jan. 8

The cryptocurrency market has seen a $200 billion drawdown over the last 24-hour period as the prices of major digital assets including bitcoin, ether, and BNB plunged between 3% and 5.6%. Among the top digital assets XRP appears to be one of the best-performing ones, having taken a 2.4% hit over the same period to […]
Altcoins XRP

Trading Veteran Who Predicted Bitcoin’s 84% Drop in 2018 Suggests XRP Could See Market Cap Surge to $500 Billion

Peter Brandt, a 77-year-old trading veteran who back in January of 2017 predicted bitcoin’s 84% decline in 2018, has recently revealed that XRP is forming a bullish pattern that if completed could helped the cryptocurrency’s market cap hit $500 billion. In a post shared on the microblogging platform X with Brandt’s over 768,000 followers, he suggested […]
Cryptocurrency Markets

Crypto Market Liquidations Top $150 Million in an Hour as BTC Drops Below $100,000

The cryptocurrency market is enduring a significant sell-off that saw the price of the flagship cryptocurrency bitcoin (BTC) plunge more than 4% from nearly $103,000 to now stand at around $97,900. The sell-off has affected most top digital currencies, with Ethereum’s ether losing around 7% of its value in the last 24-hour period, while XRP […]
Altcoins XRP

XRP’s Total Market Cap Tops $139 Billion. Why is It Up Today?

The price of the native token of the XRP Ledger has risen around 1% over the last 24-hour period, despite enduring a significant correction over the last few hours that saw it drop more than 1.5% from over $2.46 to now stand at $2.42. According to available market data the cryptocurrency’s price rose amid a […]
Markets

Why is the Crypto Market Up Today?

The total market capitalization of the cryptocurrency space has grown from around $3.42 trillion to $3.45 trillion over the last 24-hour period, a mild rise that appears to be the continuation of a rise that started at the beginning of the year. Year-to-date, the cryptocurrency market has added over $200 billion to its market capitalization, […]
Bitcoin ($BTC)

Coinbase Premium Index Plunges to 12-Month Low, Signaling Waning U.S. Investor Demand

A key indicator of interest in the cryptocurrency space within the United States has slumped to a 12-month low, raising concerns about the flagship cryptocurrency’s near-term price prospects. According to a post from CryptoQuant analyst Burak Kesmeci, the Coinbase Premium Index, which measures the bitcoin price difference between Coinbase and other major cryptocurrency exchanges, particularly […]
Altcoins XRP

XRP Extends Gains to Cement Position as Third Largest Crypto. Why is It Up Today?

Over the last 24 hours, the cryptocurrency market has seen a slight dip of around $30 billion and while most digital assets have mostly traded sideways on that period, XRP saw a rise of little over 1%, further consolidating its position as the third-largest digital asset. According to CCData, the price of XRP is up […]
Markets

BlackRock’s Blockchain-Based Institutional Liquidity Fund Distributed $17.2 Million in Dividends So Far

The blockchain-based institutional digital liquidity fund managed by the world’s largest asset manager, BlackRock, has distributed a total of $17.2 million in dividends since it was launched back in March. The BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which is available in six different blockchains, including Ethereum, Arbitrum, Avalanche, Polygon, Aptos, and Optimism, currently holds […]
Altcoins Memecoins

Crypto Trader Turns $1,983 into $2.8 Million in 18 Days After Elon Musk’s X Name Change

A cryptocurrency trader, potentially an insider, has managed to turn around $1,983 worth of the second-largest cryptocurrency by market capitalization ether into around $2.8 million in little over two weeks after Tesla and Space X CEO Elon Musk changed his name on the popular microblogging platform, X. According to data shared by on-chain analysis firm […]

Why is ADA Up Today?

The cryptocurrency market started the year with remarkable momentum, witnessing a surge in market capitalization exceeding $150 billion within the past 24 hours. Among the top digital assets, Cardano’s ADA was a standout performer, rising over 11%. This surge is a continuation of an earlier momentum for ADA, which started the year at around $0.846 […]

XRP Surges to Become Third-Largest Crypto. Why is it Up Today?

The cryptocurrency market has started the year off with a bang, seeing its market capitalization rise by more than $160 billion in the last 24-hour period, with the native token of the XRP Ledger standing out after surging more than 13% in that period. The cryptocurrency’s rise builds upon a surge that started earlier. XRP […]

Ethereum ICO Whale Resurfaces After 9.4 Years, Moves $2.14 Million in ETH to Coinbase

An early Ethereum investor that participated in the network’s initial coin offering (ICO) back in July 2015 has resurfaced after remaining dormant for 9.4 years, moving around $2.14 million worth of the cryptocurrency to Nasdaq-listed cryptocurrency exchange Coinbase. According to data shared by on-chain monitoring firm Spot On Chain, the whale deposited 631.1 ETH to […]

Ethereum Edges Out Bitcoin in Long-Term Investor Retention, Data Shows

While the price of the flagship cryptocurrency bitcoin (BTC) has outperformed most other major digital assets this year after rising by little over 115%, Ethereum has quietly built a stronger base of long-term investors. According to data from cryptocurrency analytics firm IntoTheBlock, the percentage of long-term ether holders has consistently outpaced that of bitcoin holders […]

Ethereum (ETH) in Deflationary Territory as Supply Drops Post-Merge

The supply of the second-largest cryptocurrency by market capitalization, Ethereum’s ether, has dropped by around 0.02% over the past two years after the network’s merge with the Beacon Chain, which moved it to a Proof-of-Stake consensus algorithm. According to the founder of 1confirmation Nick Tomaino, over the same period the supply of the flagship cryptocurrency […]

Tether’s Bitcoin Holdings Reach $7.68 Billion as Stablecoin Issuer Resumes Cryptocurrency Accumulation

Leading stablecoin issuer Tether has added an additional 7,629 bitcoin to its balance sheet after a nine-month hiatus from accumulating the flagship cryptocurrency. The firm’s latest move brings its total holdings to 82,983 BTC worth around $7.68 billion. According to data from Arkham Intelligence, a wallet tagged as belonging to the leading stablecoin issuer has […]

Dogecoin Price Could Surge 6,770% if Current Ascending Channel Pattern Holds, Analyst Suggests

The price of the meme-inspired cryptocurrency Dogecoin (DOGE) could surge an additional 6,770% in the future is its current ascending parallel channel pattern holds, meaning it could top the $17 mark. According to popular cryptocurrency analyst Ali Martinez, DOGE has been trading within an ascending parallel channel pattern, which is a technical pattern characterized by […]

MicroStrategy Buys Additional 2,130 Bitcoin as Crypto Stash Reaches 446,400 BTC

Nasdaq-listed business intelligence firm MicroStrategy has announced it acquired an additional 2,138 bitcoin for around $209 million, at an average price of $97.837 BTC as the company keeps accumulating the cryptocurrency. In a post on the microblogging platform X, the company’s co-founder and chairman, Michael Saylor, revealed that the firm has achieved a BTC Yield […]

Why is Cardano (ADA) Down Today?

The cryptocurrency market has endured a significant downturn that wiped around $300 billion from its total market capitalization amid a wider sell-off in risk assets after the Federal Reserve cut interest rates by 25 basis points and signaled a more hawkish stance. The Federal Reserve’s Chair, Jerome Powell, pointed to a potential easing of interest […]

Volatility Ahead? Massive $18 Billion Cryptocurrency Options Expiry Looms Over Crypto Market

A total of $14.17 billion worth of bitcoin options are set to expire today, December 27, 2024, while an additional $3.74 billion worth of Ethereum’s ether options contracts are to expire as well, injecting uncertainty into the cryptocurrency market. With a combined notional value of nearly $18 billion, the expiry of these contracts, representing 150,000 […]

Why is XRP Down Today?

The price of the native token of the XRP Ledger is down by more than 4.2% over the last 24-hour period to now trade at $2.174. The cryptocurrency is down more than 20% from its monthly high of $2.85. The cryptocurrency is nevertheless up more than 320% since Nov. 5, when Republican presidential candidate Donald […]

Spot Bitcoin ETFs Suffer $1.5 Billion Outflows in Four Days

The spot bitcoin exchange-traded funds (ETFs) approved by the U.S. Securities and Exchange Commission (SEC) earlier this year have registered more than $1.5 billion in outflows over the last four days, with data showing these funds’ largest-ever outflow occurred on Dec. 19 as $671.9 million were moved out. According to data from Farside Investors, spot […]

XRP Wallets Have Been Seeing ‘Parabolic’ Growth Since Mid-October, Data Shows

On-chain data reveals that there has been a “parabolic” rise in the number of wallets holding onto the native token of the XRP Ledger, XRP, as the value of the cryptocurrency rose more than 310% after Republican presidential candidate Donald Trump won the U.S. elections. According to data from on-chain analytics firm Sentiment, which used […]

Why is XRP up Today?

The price of the native token of the XRP Ledger has risen little over 1% over the last 24-hour period as the cryptocurrency market capitalization remained largely unchanged during the same period as investors bet on XRP. The cryptocurrency’s price is likely to be rising after an abrupt sell-off from its high near $2.875 seen […]

MicroStrategy Continues Bitcoin Buying Spree, Adds $561 Million Worth of BTC

Nasdaq-listed business intelligence firm MicroStrategy has announced the acquisition of an additional 5,262 bitcoin at an average price of $106,662 per BTC, with the purchase costing the firm around $561 million in total. In a post on the microblogging platform X, the company’s co-founder and chairman, Michael Saylor, revealed that the firm has achieved a […]

Why is the Crypto Market Down Today?

The total market capitalization of the cryptocurrency market has dropped by around $42 billion over the last 24-hour period as the prices of major cryptocurrencies, including bitcoin, Ethereum’s ether, and XRP, see drops between 1% and 2.7%. Despite the drop, BTC is now trading at $96,000 after rising more than 2.6% from the December low […]

Bitcoin Whales Scoop Up $1 Billion Worth of BTC During Dip

The cryptocurrency market has endured a significant sell-off that saw its total market capitalization plunge by over $600 billion before it started recovering. In a sell-off that saw Bitcoin drip from a new high around $108,000 to a $92,000 low. The cryptocurrency has, however, since started recovering and despite still being down more than 6.8% […]

Why is DOGE Down Today?

The price of the meme-inspired cryptocurrency Dogecoin is down nearly 7% over the last 24-hour period to now stand at $0.31 per DOGE, down from around $0.40 a week ago amid a wider cryptocurrency market downturn. According to CryptoCompare data, DOGE has lost around 24% of its value over the past week and is underperforming […]

Why is Crypto Down Today?

The cryptocurrency market is down by over $200 billion in the last 24-hour period and by around $600 billion in the past week amid a significant downtrend that has been caused by several factors, including the Federal Reserve cutting interest rates by 25 basis points and its Chair Jerome Powell suggesting fewer cuts are coming […]

Why is Cardano (ADA) Down Today?

The cryptocurrency market has endured a significant downturn that wiped around $300 billion from its total market capitalization amid a wider sell-off in risk assets after the Federal Reserve cut interest rates by 25 basis points and signaled a more hawkish stance. The Federal Reserve’s Chair, Jerome Powell, pointed to a potential easing of interest […]

Why is XRP Down Today?

The Federal Reserve has cut interest rates by 25 basis points yesterday in a widely expected move, yet markets crashed after its Chair Jerome Powell suggested a potential easing of the interest rate-cutting cycle next year. Powell’s comments led to a wide sell-off in risk assets across both the cryptocurrency market and traditional finance. The […]

Cardano Whales Capitalize on ADA Price Dip to Scoop Up $160 Million in Tokens

Whales on the Cardano ecosystem took advantage of the recent cryptocurrency market dip to keep accumulating, after realizing some of their gains when the price surpassed the $1.15 mark earlier this month. According to data shared by popular cryptocurrency analyst Ali Martinez, when Cardano traded between $1.15 and $1.33, Cardano whales sold their tokens to […]

Why is XRP Down Today?

The cryptocurrency market has been on a significant uptrend over the past month, adding in around $600 billion to its total market capitalization over the period amid a bull run that helped Bitcoin top the $100,000 mark for the first time ever. XRP was a major beneficiary of the recent cryptocurrency rally, surging more than […]

Crypto Trader Makes Over $8 Million in 20 Minutes from Pudgy Penguins’ PENGU Airdrop

A cryptocurrency trader has managed to make around $8.36 million with the recent airdrop of the native token of the popular non-fungible token (NFT) project Pudgy Penguins, all in less than 20 minutes. According to on-chain data analysis service Lookonchain, the trader spent 23,742 SOL to buy 239.6 million PENGU tokens as soon as they […]

Bitcoin Whales Accumulate Over $7 Billion in BTC Over 48 Hours

The price of the flagship cryptocurrency, Bitcoin, has surged by more than 17% over the past month to now stand around $106,000 after hitting a new all-time high above $108,200 earlier today. The cryptocurrency’s price performance has drawn in a flurry of large-scale acquisitions. According to data shared by popular cryptocurrency analyst Ali Martinez, over […]

Why is the Price of XRP Up Today?

Renewed bullish fervor in the cryptocurrency market has led to new upward movement for most major digital assets, with bitcoin registering a new all-time high below $108,000 and ether managing to remain above $4,000. XRP, now the third-largest digital asset by market capitalization, has however outperformed and is up nearly 14% today. The performance of […]

Crypto Investment Products Surge Past $44 Billion in Assets as Bitcoin, Ethereum, and XRP Funds Attract Massive Inflows

Cryptocurrency investment products saw over $3.2 billion inflows over the past week, making the tenth consecutive weekly inflows these products have seen and bringing their total to now top $44.5 billion. Bitcoin investment products led the market, with investors moving $2 billion to these funds. According to CoinShares’ Digital Asset Fund Flows report, Ethereum-focused investment […]

Why is the Price of XRP Down Today?

The price of XRP is down by more than 4% over the last 24-hour period to now trade at $2.3, down from a high of around $2.4, with the drop seeing the cryptocurrency’s market capitalization drop to around $132 billion at the time of writing. While the rice of XRP is down over the last […]

$11.5 Trillion Asset Manager BlackRock Advocates for 1-2% Bitcoin Allocation in Traditional 60/40 Portfolio

The world’s largest asset manager, BlackRock, with $11.5 trillion in total assets under management, has unveiled a new report from the BlackRock Investment Institute advocating for a 1% to 2% allocation in Bitcoin on the traditional 60/40 portfolio, composed of a larger portion of equities than bonds. According to a report from Forbes, BlackRock’s analyst […]

SUI Price Hits New All-Time High Total Value Locked Grows, Backpack Joins Forces with Sui Network

The price of the native token of the Layer-1 blockchain Sui (SUI) has soared by more than 23.8% in the last 24-hour period to now stand at $4.69, after hitting a new all-time high around $4.9 following an announcement on the integration of Backpack with the Sui network. The announcement details that Backpack, a leading […]

Why is Cardano (ADA) Up Today?

The price of the native token of the Cardano ecosystem, ADA, is up by more than 10.6% in the last 24-hour period, outperforming the wider cryptocurrency market over the same period, in which BTC and ETH rose 2.1% and 5.3% respectively. The cryptocurrency’s price has been rising shortly after the network’s Daedalus v7.0.0. upgrade of […]

Magic Eden Airdrop Frenzy: One Farmer Cashes in Over $2 Million

The popular non-fungible token (NFT) marketplace Magic Eden has seen the ME Foundation recently launch its ME token via an airdrop to the platform’s users. One airdrop farmer, according to blockchain data, managed to make over $2 million through it via 1,350 wallets. According to data shared by on-chain analysis platform Lookonchain, the airdrop hunter […]

MassMutual’s Strategic Bitcoin Investment Grows Fivefold to $500 Million

Massachusetts Mutual, a 173-year insurance giant, invested $100 million into the flagship cryptocurrency Bitcoin (BTC) back in 2020. In a press release, the move was noted as giving it a “measured yet meaningful exposure to a growing economic aspect of our increasingly digital world.” The firm’s Bitcoin holdings, if it didn’t sell any BTC, are […]

XRP Whales Accumulated Heavily in Recent Price Dip, Data Shows

Large whales on the XRP Ledger have been heavily accumulating the network’s native cryptocurrency, with data showing that as the price of the XRP token rises, so do large whales’ holdings. According to data from on-chain analytics firm Sentiment, as first pointed out by popular cryptocurrency analyst Ali Martinez, cryptocurrency whales with between 1 million […]

Why is the Price of XRP Up Today?

The price of the native token of the XRP Ledger, XRP, has been outperforming the wider cryptocurrency market over the last 24-hour period, having risen by 4.7% at a time in which most digital assets are down over the same period. According to data from CryptoCompare, XRP is currently trading at $2.35 after its rise […]

Top Signal? Ethereum Foundation Sells $374,000 ETH on Decentralized Exchange

The Ethereum Foundation, the non-profit organization funding the critical development of Ethereum-related technology, has moved 100 Ether (ETH) tokens other than decentralized exchange CowSwap. The funds were then sold for the DAI stablecoin. According to data from on-chain analysis service Lookonchain, the Ethereum Foundation has sold a total of $12.2 million so far this year […]

Crypto Analyst Predicts Dogecoin (DOGE) Could Surge to $18 if ‘Things Go Wild’

A prominent cryptocurrency analyst has recently suggested that the leading meme-inspired cryptocurrency could soon see a massive cryptocurrency price rise “if things go wild,” with the cryptocurrency having the potential to surge to $18. In a post shared on the microblogging platform X (formerly known as Twitter), popular crypto analyst Ali Martinez noted that we […]

Crypto Trader Turns $3,000 into $73 Million with Meme-Inspired $PEPE Token

A cryptocurrency trader has managed to turn around $3,000 into $73 million using the meme-inspired cryptocurrency $PEPE in a massive trade that netted them a 24,656 return over more than a year. According to data shared by on-chain analysis service Lookonchain,  the trader invested around $3,000 in the meme-inspired cryptocurrency back in April 2023 to […]

Crypto Investment Funds Shatter Records with $3.85 Billion in Weekly Inflows, with ETH and XRP Standing Out

Cryptocurrency investment products saw their highest weekly inflows ever last week, as investors poured $3.85 billion into these funds amid a cryptocurrency market rally that saw the price of Bitcoin briefly top the $100,000 mark before correcting lower. According to CoinShares’ Digital Asset Fund Flows report, Bitcoin-focused investment products saw a $2.56 billion inflow last […]

Spot Bitcoin ETFs Attract $9.9 Billion in Inflows After Trump’s Election Victory

Spot Bitcoin exchange-traded funds (ETFs) have seen nearly $10 billion inflows since Republican presidential candidate Donald Trump won the US elections, as investors flocked into the cryptocurrency sector since the results were revealed. The 12 spot Bitcoin ETFs from various major asset managers, including BlackRock and Fidelity Investments, attracted $9.9 billion in net inflows following […]

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