DeFI News by Thebittimes.Com

Though it is undeniable XRP had an excellent run in November, and that it, despite the turbulence, retains much of the recent gains, it is equally clear that, last week, the token fell upon tough times. Specifically, after rallying 468% between election day and its recent peaks on December 3, XRP collapsed 19% by press time, reaching its December 24 price of $2.30. In the last seven days, the cryptocurrency market dynamics ensured the token diminished by about $20 billion as its market capitalization plunged from $152 billion to $132 billion. Picks for you Solana (SOL) is set for an imminent rally — Here’s why 2 mins ago XRP price prediction as whales amass 40 million tokens in 24 hours 1 hour ago ...

The crypto market, characterized by its volatility, often witnesses unprecedented surges and sudden declines. However, the recent uncertainty surrounding Ripple’s XRP has shaken the very foundations of the crypto community. With the SEC reigniting their battle against Ripple, potential investors are grappling with doubts over XRP’s future. Yet, even in this clouded climate, some top altcoins are emerging as beacons of promise. At the centre of this new-age investment frontier stands  InQubeta  and its native token, $QUBE, followed closely by Fetch.AI (FET) and the Injective Protocol (INJ). While it’s tempting to focus solely on the potential downfall of XRP, it’s equally critical to keep an eye on emerging crypto currency ICOs. InQubeta ($QUBE): the vanguard of AI-driven investment The intersection of blockchain and Artificial Intelligence is an unparalleled fusion of technology. InQubeta has harnessed this promise, positio...

Futureverse has r AI sed $54 million in a fresh funding round. The company, comprising 11 startups, has its feet planted in multiple sectors ranging from Artificial Intelligence [ AI ], Metaverse, Gaming, and Blockch AI n. The latest Series A round was led by crypto investment firm 10T Holdings. Blockch AI n payments firm Ripple Labs was one of the other investors. Futureverse, which uses AI, metaverse and blockchain technologies, raised $54 million from investors that included Ripple Labs. https://t.co/EZBM85NbLy — Bloomberg Crypto (@crypto) July 18, 2023 Ripple Labs has been investing in several companies lately. In mid-Q2, it acquired crypto custody firm Metaco for $250 million. At that time, Ripple’s executive Brad Garlinghouse indicated that the company intends to expand its international presence and widen its service range. Ripple has tied up with several other companies in the recent past and already has an established presence in the cross-border payments...