Ethereum

Open Campus

GambleFi

Bitcoin

<div class="cryptonews">
 <p class="is-style-lead">The broader crypto market is struggling to maintain momentum as major players like XRP (XRP) and Ethereum (ETH) pull back from recent highs. Bitcoin (BTC) remains range-bound under $38,000 as buyers and sellers battle it for supremacy.</p>
 <p>However, one <a rel="noopener noreferrer nofollow" title="emerging" href="https://thebittimes.com/tag/emerging.html">emerging</a> <a rel="noopener noreferrer nofollow" title="altcoin" href="https://thebittimes.com/tag/altcoin.html">altcoin</a>, TG.Casino (TGC) is defying the downtrend and gaining ground in its ongoing presale event.</p>
 <h2 class="wp-block-heading" id="strong-xrp-struggles-for-momentum-strong"><strong>XRP struggles for momentum&nbsp;</strong></h2>
 <p>At the time of writing, XRP is hovering just above the $0.60 level, having dropped 18% in the past two weeks.</p>
 <p>XRP is now trading around the same level it was during the first week of November, having formed a solid downward channel on the 4-hour chart.&nbsp;</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> XRP analyst sees potential bottom, urges caution
 </div>
 <p>The coin did see a brief spike on Nov. 22 but failed to break resistance at $0.63.</p>
 <p>Since then, XRP has been declining alongside broader crypto market weakness.</p>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/6HlJPoDxTXbM1R49OFVxdkmVe9tLYEobnhep--tzeUS0itafndDFonuI-si_uMzbiLvACpFO1Q_YiakI6D5aM0KBFEMVTRYrVshj0JhZ7mrjF5e-zVDWZVaRopmTgSG1IizoYQsNhKt44TYZQy-Owy8" alt="XRP and Ethereum prices pull back, emerging altcoin rising - 1">
 </figure>
 <p>Trading volumes have also dried up slightly, with&nbsp;daily volume down to $1.4 billion&nbsp;in the past 24 hours.</p>
 <p>Overall, the technical picture suggests that XRP could see further losses if bearish momentum continues.</p>
 <p>However, the fundamentals behind Ripple and XRP remain positive, especially now that the battle with the Securities and Exchange Commission (SEC) is all but finished.</p>
 <p>As such, XRP bulls will be hoping for a break above $0.63 to signal a potential trend reversal to the upside.</p>
 <h2 class="wp-block-heading" id="strong-ethereum-price-slips-strong"><strong>Ethereum price slips</strong></h2>
 <p>Ethereum has also pulled back over the last couple of days, with its price dropping below $2,050 at the time of writing.</p>
 <p>The world’s second-largest cryptocurrency fell from highs of $2,130 last Friday and is now trading 4% below that level.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Vitalik Buterin unveils major overhaul of Ethereum staking to enhance decentralization
 </div>
 <p>This weakness in ETH’s <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> comes despite some positive on-chain metrics for Ethereum.</p>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/h9JkEGmCklYwmE1oKT_FeWDOHJr_HCTLq_YU0cCI-HR9FOKSf17lKpSsyO6wn1yWeS4koB-6gb5eWzjPG-83svWJZcONl362nEYzT5I2wyEEScqbj0Xcq7YHEE_kfZOg5rcB2mRNqaQShP-I39rXfsU" alt="XRP and Ethereum prices pull back, emerging altcoin rising - 2">
 </figure>
 <p>According to DappRadar, Ethereum dapps had a total value locked (TVL) of $48.67 billion over the past 30 days, representing a 14% increase from the previous month.</p>
 <p>Ethereum is also performing well in the non-fungible token (NFT) space,&nbsp;handling $498 million in transactions&nbsp;in November so far.</p>
 <p>Despite these vital metrics, the ETH price has declined amidst broader crypto market struggles.</p>
 <p>Analysts and traders will be watching to see if ETH can regain the $2,100 level this week – or if further losses will materialize.</p>
 <h2 class="wp-block-heading" id="strong-tg-casino-nears-3m-in-presale-milestone-strong"><strong>TG.Casino nears $3m in presale milestone</strong></h2>
 <p>As XRP and Ethereum struggle, one <a rel="noopener noreferrer nofollow" title="emerging" href="https://thebittimes.com/tag/emerging.html">emerging</a> <a rel="noopener noreferrer nofollow" title="altcoin" href="https://thebittimes.com/tag/altcoin.html">altcoin</a> has been defying the downtrend and gaining traction.</p>
 <p>TG.Casino&nbsp;is a new decentralized gambling platform built on Telegram that has seen significant interest during its ongoing presale phase.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Web3 edu-tech startup Open Campus raises $3.15m from Binance, EDU jumps 6%
 </div>
 <p>The project has already raised over $2.9 million in just two months as retail investors appear to back its potential.</p>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/iyDaVdAY0nUkGDtSFtl8hL96xKn66jvPQWqqPazO4nlbFllm9iQ5qvUW1ol7sflqdCcRPjdLQEYLtms1s5gE1PUGGMBQd75cqnYKfMd7SsnZiSYFpTgCNgGD7r0cr-oslj7Z6035pshFco-xYWju5co" alt="XRP and Ethereum prices pull back, emerging altcoin rising - 3">
 </figure>
 <p>TG.Casino offers various casino games in Telegram without needing KYC checks.</p>
 <p>Players can enjoy live casino games, slots, and even a fully-fledged sportsbook – all powered by the native TGC token.</p>
 <p>TGC holders also receive 25% cashback on losses when wagering with the token.</p>
 <p>TG.Casino also implements a buyback-and-burn mechanism, whereby a portion of the casino’s profits will be used to repurchase TGC from the open market once they’re listed on exchanges.</p>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/tL1qh7cVQL2VeEM0SC45P02FnE9rkdI-ayz_DX3GESe5nn04QeNHSvdp8E1phcizXYL8TQwo7j4AlomI5k_lxrJ5402OZXhI7Gb0nrnnj2b38NhR6EbhzaEzN4GziVHXc_Mwcj2XKpb-95I-EAOJH8w" alt="XRP and Ethereum prices pull back, emerging altcoin rising - 4">
 </figure>
 <p>According to TG.Casino’s whitepaper, some of these repurchased tokens will be distributed back to TGC holders, with the remaining portion being permanently burned to reduce the overall supply.</p>
 <p>This mechanism aims to create deflationary pressure – potentially increasing its value over time.</p>
 <p>TG.Casino even offers&nbsp;staking rewards up to 194% APY, allowing TGC holders to earn passive income while enjoying the platform’s games.</p>
 <p>Overall, as major cryptocurrencies struggle, TG.Casino is gaining momentum and is free for exploration for users tracking the GambleFi space.</p>
 <p><strong>Visit TG.Casino presale</strong></p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> 5 casinos for betting Formula 1 races
 </div>
 <div class="cn-block-disclaimer">
  <div class="cn-block-disclaimer__icon">
   <svg class="icon icon-info" aria-hidden="true"><use xlink:href="#"></use>
   </svg>
  </div>
  <p class="cn-block-disclaimer__content">Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.</p>
 </div> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/xrp-and-ethereum-prices-pull-back-emerging-altcoin-rising-tbt71756.html">https://thebittimes.com/xrp-and-ethereum-prices-pull-back-emerging-altcoin-rising-tbt71756.html</a></p>

XRP and Ethereum prices pull back, emerging altcoin rising

목차

TheBitTimes

2023년 11월 27일에 게재된 다른 기사

Unprecedented Growth: 2,100+ Firms Join AI’s Job Market Surge

Unveiling Aconomy Open Testnet: Redefining Real-World Asset Tokenization and On-chain Ownership

5 Must-Own Cryptocurrencies Before the Approval of Bitcoin ETF

Circle and SBI Holdings partner to boost USDC circulation in Japan

Cardano Price Consolidates With Potential for a Surge

Unlocking Potential: Chainlink Staking Update Fuels Market Intrigue

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!