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news-imageDecember 24, 2024

Bitcoin: A Stable End Of The Year Despite A Slight Correction

In December 2024, Bitcoin experienced a slight decline of 2.4%, raising questions about the end of the bull market. Despite this drop, BTC remains a winning asset for the year, with an increase of nearly 50% in the fourth quarter.
Publisher: Cointribune
Sentiment: Neutral
BTC

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Positive
cover-imageThe Currency Analytics
December 25, 2024

XRP Wallet Growth Surges, Outpaces Bitcoin & Ethereum

XRP, the native cryptocurrency of the Ripple network, has been experiencing rapid wallet growth in recent months, outpacing major players like Bitcoin and Ethereum. Data from on-chain analytics firm Santiment reveals a significant rise in the “Total Amount of Holders” for XRP, marking a notable trend in its adoption.

Negative
cover-imageNewsBTC
December 25, 2024

Bitcoin Sentiment Still Close To Extreme Greed: More Cooldown Needed For Bottom?

Data shows the Bitcoin market sentiment is still quite close to the extreme greed zone, a potential sign that a further price cooldown may be needed before a bottom. Bitcoin Fear & Greed Index Still Has A High Greed Value The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment among investors in the Bitcoin and wider cryptocurrency markets.

Positive
cover-imageThe Currency Analytics
December 25, 2024

BitBoy Predicts XRP to Challenge Bitcoin's Dominance in 2025

Crypto influencer Ben Armstrong, also known as BitBoy, recently shared his bold perspective that XRP could surpass Bitcoin in terms of market dominance in the upcoming bull cycle. While he doesn't foresee XRP overtaking Bitcoin's market capitalization in the immediate future, Armstrong strongly believes that XRP will challenge Bitcoin's dominance and possibly outperform it during this rally.

Positive
cover-imageBenzinga
December 25, 2024

'RIP Bitcoin Obituaries,' Declares Expert — Death Notices Dwindle As Top Crypto Gains Acceptance From Politicians, Billionaires

Jameson Lopp's recent post on X, “RIP Bitcoin Obituaries,” suggests a decline in Bitcoin's (CRYPTO: BTC) death proclamations, sparking interest in the cryptocurrency's resilience. What Happened: The software engineer, columnist, and Bitcoin advocate's post on Christmas Eve, hints at the diminishing frequency of death declarations.

Negative
cover-imageNewsBTC
December 24, 2024

Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops

Bitcoin has recently experienced mixed market movements, with analysts closely monitoring on-chain data to understand the short-term trajectory of the leading cryptocurrency. On-chain metrics indicate a notable shift in exchange activity, with Tether (USDT) seeing significant outflows while Bitcoin (BTC) inflows into exchanges remain elevated.

Positive
cover-imageNewsBTC
December 24, 2024

Bitcoin Coinbase Premium Giving Potential Buy Signal, Quant Says

A quant has explained how the latest trend in the Bitcoin Coinbase Premium Index could imply a buying opportunity for the asset. Bitcoin Coinbase Premium Index Has Plunged To -0.221% In a CryptoQuant Quicktake post, an analyst talked about the latest development in the Bitcoin Coinbase Premium Index.

Neutral
cover-imageBitcoin
December 24, 2024

Bitcoin Supply Reaches 19.8 Million Mark, Nearing Maximum Limit

Data reveals that Bitcoin's total circulating supply has surpassed the 19.8 million mark, a notable milestone as the cryptocurrency edges closer to its maximum supply cap of 21 million. 19.8 Million Bitcoin Mined, Less Than 1.2 Million Left Bitcoin's supply mechanism has always been one of its defining features, with its capped issuance ensuring scarcity.

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