Top Three Crypto News Stories of the Day
1. Dogecoin (DOGE) "Very Bullish," Recent Report Reveals
Analysis from Santiment indicates that Dogecoin (DOGE) currently has the lowest Market Value Realized Value (MVRV) among six major cryptocurrencies, signifying a potential for short-term price appreciation.
2. XRP vs. Ethereum: SEC Decision Sparks XRP Community Outrage
Despite the SEC's recent dismissal of its investigation into Ethereum, the XRP community remains skeptical due to the agency's alleged preferential treatment of Ethereum over XRP and other cryptocurrencies.
3. Peter Schiff Cites Nvidia's Rise as Bearish for Bitcoin
Prominent Bitcoin critic Peter Schiff suggests that the success of Nvidia, a company known for its graphics processing units (GPUs), is bearish for Bitcoin due to its lack of utility compared to gold, which is used in the production of GPUs.