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Cryptocurrencies Price Prediction: Dogecoin, Bitcoin & Ethereum – European Wrap 24 May

Cryptocurrencies Price Prediction: Dogecoin, Bitcoin & Ethereum – European Wrap 24 May
FXStreet TeamFXStreet TeamFXStreet

Dogecoin inspiration Kabosu dies, leaving legacy of $22.86 billion market cap meme coin behind

Kabosu, the popular Shiba Inu dog that inspired the logo of the largest meme coin by market capitalization, Dogecoin (DOGE), died early on Friday after losing her fight to leukemia and liver disease. Kabosu had gained popularity as the dog behind the viral “doge” meme. 

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XRP climbs past $0.53, SEC Chair Gensler says the agency has done very well in court cases

The ruling of the Ripple (XRP) lawsuit is pending, and holders await the court’s decision in the legal battle between the US Securities and Exchange Commission (SEC) and the payment remittance firm. Ripple’s Chief Executive Officer (CEO) Brad Garlinghouse and Chief Legal Officer (CLO) Stuart Alderoty have slammed SEC Chair Gary Gensler and his “regulation by enforcement” approach on more than one occasion. 

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Ethereum: Too soon to say goodbye to $3,000

The crypto market lost 2.9% in the last 24 hours, retreating to a market capitalisation of $2.5 trillion. The market came under pressure as active trading began in the US on a fresh batch of strong economic data. News of the approval of spot ETFs on Ethereum only added to the pressure.

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