Crypto Coinz Hub Blog – December 27, 2024

In today’s crypto news:

  • XRP Ledger (XRPL) Shows Increasing Activity
    The XRP Ledger is experiencing a surge in activity, which could signal a potential price increase for XRP. Over the past few weeks, XRPL velocity has been rising, reflecting growing utility and engagement within the community.
  • Dormant Ethereum Wallet Awakens After 9.5 Years
    An Ethereum wallet inactive since the genesis block has come to life after 9.5 years. The wallet transferred 0.01 $ETH to a new address, drawing attention across the crypto space.
  • Bitcoin Retests $95K Support – Eyes on $110K-$112K
    Bitcoin has once again tested the $95,000 support level. Analysts suggest the next target could be in the $110,000 to $112,000 range. However, the growth of the U.S. Dollar Index continues to constrain Bitcoin’s upward momentum.
  • $1.7 Billion Lost to Private Key Theft
    Crypto users have lost nearly $1.7 billion due to private key theft and access control exploits. As these threats grow, one effective way to safeguard assets is by using cold storage for your crypto wallets.
  • Solana Co-Founder Faces Legal Trouble
    Solana’s co-founder is facing a lawsuit from his ex-wife, alleging misappropriation of millions in crypto gains. This development is being closely watched by the community.

Remember: This is for informational purposes only – not financial advice. Always conduct your own research before making investment decisions.

Thank you,
Crypto King

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