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Showing posts with the label record high

XRP ledger activity hits record high; Imminent price breakout?

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New on-chain data indicates that XRP’s ledger is experiencing significant growth, with large holders increasingly accumulating the asset. For the first time in XRP’s 12-year history, 2,708 unique wallets now hold 1 million or more XRP, which is valued at roughly $525,000 or more at current market prices, according to data from Santiment shared on June 16. XRP ledger activity. Source: Santiment This bullish trend is also evident in network activity. XRP’s daily active addresses have soared, averaging over 295,000 per day over the past week. This marks a staggering jump from the typical 35,000 to 40,000 daily average observed over the past three months, an eight-fold surge in user interaction. Impact on XRP’s price Historically, such a convergence of whale accumulation and rising address activity has often preceded significant price movements. The current uptick comes at a potentially pivotal moment for the XRP ecosystem. Notably, the SEC is...

Amazon (AMZN) Stock Sets New Record High as Earnings Near

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In what is certainly a monumental development for the company, Amazon’s (AMZN) stock has set a new record high as the company’s earnings near. Indeed, shares in the e-commerce juggernaut reached a landmark price of $238 this week. Now, all eyes are on how that could be impacted by its upcoming Q4 earnings report set for early February. There is no shortage of reasons to be excited about the stock’s potential in 2025. Although the share price has retreated less than 1% Thursday, it still stands at $235. The relative strength of the company’s price amid the ongoing DeepSeek sell-off could reflect investor optimism as its upcoming earnings report gets closer. Source: mybanktracker.com Also Read: Amazon Stock Eyes Record 2025 as AWS Leads Market Set for $2T Amazon Stock Sets $238 Record High: What to Expect With Q4 Earnings On the Horizon Entering the new year, there was no shortage of excitement surrounding Amazon’s stock. The company has established itself as...

Bitcoin Hits $103K Historic High – Are NFTs Next To Explode?

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The crypto market led by the flagship crypto “Bitcoin” is experiencing another wave of bull cycle, which has left the Bitcoin price reaching a new record high of over $100,000 for the first time in history. This market surge was fueled by the recent appointment of a crypto-friendly Paul Atkins as the next United States Securities and Exchange Commission chairman. In this article, we shall discuss whether the NFT market will follow the footprints of the crypto market in reaching new highs. Bitcoin Hits New Historic All-time High Data compiled by CoinMarketCap.com, an o-chain crypto market aggregator and a non-fungible token explorer, shows that the flagship crypto “Bitcoin” has hit a new record high of $103,000. Bitcoin price began rising in November after crypto-friendly Donald Trump was re-elected as the 47th President in the United States of America. During his campaign, Donald Trump promised to offer friendly environment for crypto investors. On Decemb...