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news-imageDecember 2, 2024

Altcoin season begins? XRP, HBAR, KAIA lead gains after Bitcoin consolidation

XRP, HBAR, KAIA post notable gains as the altseason narrative gains strength.
Publisher: Invezz
Sentiment: Positive
BTC
HBAR

More News Articles

Positive
cover-imageThe Currency Analytics
December 4, 2024

XRP Needs 200% Rally to Flip Ethereum and Reclaim 2nd Spot

XRP, once considered a lagging altcoin, has recently shown impressive growth, surpassing its 2021 price peak and reclaiming the $100 billion market cap. As of December 2024, XRP is positioning itself to challenge Ethereum for the coveted second spot in the cryptocurrency market by capitalization, a position it held briefly during 2017 and 2018 before the SEC lawsuit against Ripple.

Positive
cover-imageThe Currency Analytics
December 4, 2024

Record Inflows in Bitcoin and Ethereum ETFs: What It Means for the Crypto Market's Future

Cryptocurrencies have been gaining traction as institutional investors continue to show increasing interest, particularly through financial products like spot Bitcoin and Ethereum exchange-traded funds (ETFs). This trend was underscored on December 2, when Bitcoin and Ethereum ETFs saw significant inflows, signaling a shift in the financial landscape.

Neutral
cover-imageCoinPedia
December 4, 2024

Bitcoin (BTC) Price Prediction (Dec 04th 2024)

Story Highlights The BTC price records a neutral price action for the third consecutive day. Bitcoin ETF breaks its inflow streak and loses $17.3 million in 24 hours. Technical indicators record mixed price sentiment. Despite increased price volatility, Bitcoin has displayed neutral price action this week.

Neutral
cover-imageUToday
December 4, 2024

Whale Moves $257 Million Worth of Bitcoin

According to data provided by cryptocurrency analytics firm Lookonchain, a whale with 2,700 BTC (more than $250 million in dollar terms) recently transferred all of its holdings out after 11 years of dormancy.

Negative
cover-imageNewsBTC
December 4, 2024

Bitcoin's Silent Whales: Rising Exchange Inflows Hint at Market's Next Big Move

Bitcoin has experienced notable whale activity since the conclusion of the US election on November 5, with an increase in the volume of Bitcoin transferred to exchanges by active whale addresses. However, contrary to what one might expect, there hasn't been a significant surge in profit-taking activity among these large holders, a CryptoQuant analyst named onatt revealed in a recent post on the QuickTake platform.

Negative
cover-imageCoinPedia
December 4, 2024

Bitcoin Jesus Fights $48M Tax Evasion Charges

Roger Ver, famously dubbed “Bitcoin Jesus,” is no stranger to controversy. Now, he's up against U.S. prosecutors who accuse him of dodging $48 million in taxes tied to Bitcoin sales. Ver isn't just denying the charges. He's calling the tax rules themselves unconstitutional.

Negative
cover-imageThe Currency Analytics
December 4, 2024

US Moves $1B in Bitcoin, Threatening Trump's Reserve Plans

The US government recently moved a substantial portion of its Bitcoin holdings, amounting to $1.92 billion, raising concerns about the future of Bitcoin reserves under the upcoming administration. This transaction, which included $963 million moved to Coinbase, has reignited discussions on the potential for the US to liquidate its Bitcoin holdings before President Joe Biden leaves office, potentially undermining plans by President-elect Donald Trump to create a US Bitcoin Reserve.

Positive
cover-imageTokenpost
December 4, 2024

Whale Movement: Big Transactions Over $100,000 Boost HBAR Sentiment

Whale Activity Sparks Bullish Momentum in HBAR Recently, there has been a lot of activity from big investors, or whales, in the Hedera (HBAR) ecosystem, signaling possible bullish momentum. Major transactions over $100,000 occurred on December 1 and 2, while large holdings of HBAR have increased, showing strong investor interest.

Positive
cover-imageTokenpost
December 4, 2024

Bitcoin Market Update: MicroStrategy, MARA, and ETF Inflows Fuel Optimism

Marathon Digitals Growth: Driving Investor Confidence Bitcoin (BTCUSD) is currently consolidating after reaching a new all-time high of $93,483, with prices trading around $95,123. Both MicroStrategy and Marathon Digital Holdings (MARA) have significantly increased their Bitcoin holdings, reflecting strong institutional interest as Bitcoin approaches new highs.

Positive
cover-imageBitcoin
December 4, 2024

XRP's Wild Ride: 354% Gains in 3 Months Despite Recent Dip

On Tuesday, Dec. 3, XRP, the native crypto asset of the XRP Ledger (XRPL), is priced at $2.54 per coin, reflecting a 4.9% drop over the past day. Despite this dip, XRP has shown an impressive performance, gaining 81% this week and soaring 354.62% over the past three months.

Positive
cover-imageCryptopolitan
December 4, 2024

Bitcoin mining proposed as a solution to UK wind energy waste

CEO and Chairman of Bitcoin miner Marathon Digital, Fred Thiel, has called for grid operators and renewable asset owners to use Bitcoin mining to manage grid congestion due to excess energy. Thiel expressed this view in response to a recent report about excess energy being wasted by wind farms in the UK.

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