Crypto market: latest news regarding Shiba Inu (SHIB), Elrond (EGLD) and Ripple (XRP)

Shiba Inu (SHIB) is a decentralized cryptocurrency based on Ethereum, hence a meme-coin born in the wake of the success of other “dog” coins, such as Dogecoin, thanks in part to the support of prominent personalities such as Elon Musk.

Timeline of Elrond-egld, Shiba-inu, Xrp

As the fifth month of 2023 is drawing near, the cryptocurrency market is back in the green, and the XRP token is following suit, with crypto traders and investors looking at various tools to try and gauge its price for early May, including those provided by artificial intelligence (AI).

David Schwartz, chief technology officer (CTO) at blockchain payments firm Ripple Labs Inc has named one of the thrilling features linked to the XRPL protocol today. According to the tech veteran, the new Automated Market Maker (AMM) engine that has gone live on DevNet is one innovation he is personally excited about.

As became known a few hours ago, the U.S. wing of global exchange Binance canceled a deal to buy bankrupt crypto broker Voyager Digital. As explained by Binance US, the decision was made due to the hostile regulatory environment in the United States.

Shiba Inu (SHIB) has seen a drop in value In a week where the cryptocurrency market has experienced notable price declines. However, in a surprising turn of events, its investors have demonstrated resilience and held onto their dear meme coin, resisting the temptation to sell at the first sign of a dip.

The broader digital currency ecosystem is experiencing a bullish resurgence today, with evidence shown in a combined crypto market cap that jumped by 2.66% to $1.19 trillion. XRP has picked up on this trend to print a bullish revival with 1.73% growth over the past 24 hours.

XRP News: The crucial lawsuit between U.S. Securities and Exchange Commission and Ripple Labs is waiting for a Summary Judgment from the district court. However, another legal battle (Zakinov v.

The class action lawsuit against Ripple Labs for selling XRP as an unregistered security is picking up steam today. The case, which is being litigated in the state of California, will see a class certification hearing today at 4:30 p.m.

A recent Blockbank announcement brings attention to the Shiba Inu ecosystem. Blockbank, a Lithuania-based neobank, recently announced the addition of Shiba Inu (SHIB) token to its CeFi wallet in a blog post published on April 24, 2023. A neobank is a digital bank that only operates online without physical branches.

XRP Price Prediction: The ongoing correction is XRP price hits a minor roadblock after retesting local support of $0.44. The aforementioned support associated with the 50% Fibonacci retracement level creates a strong footing for buyers to recuperate bullish momentum.

Pro-Ripple lawyer John Deaton has taken to Twitter to predict a positive outcome in crypto's push for regulatory clarity from the United States Securities and Exchange Commission (SEC).