Ripple CEO Brad Garlinghouse and President-elect Trump discuss cryptocurrency regulation at Mar-a-Lago. Key takeaways discussed here.
Bitcoin (BTC) funding rates, i.e., the fees of crypto derivatives exchanges required to keep the balance between spot and futures prices, are shrinking.
Bitcoin (BTC), the world's leading digital asset, has entered the distribution phase. That is, market participants are now actively engaged in selling BTC more than accumulating it.
Ripple president Monica Long announced in a recent interview that the company's Ripple USD (RLUSD) stablecoin is expected to be listed on more major crypto exchanges "imminently."
Fidelity, in its latest report has asserted that Countries are expected to add Bitcoin into national strategic reserves in 2025, kicking off significant growth in the crypto market.
Bitcoin is trading at $94,790 to $95,277 over the two hours with a market cap of $1.88 trillion, 24-hour volume of $67.64 billion, and a 24-hour intraday range between $94,511 and $98,202. Bitcoin Bitcoin‘s hourly chart indicates a recent steep decline from $102,017, with support forming near $94,500, suggesting a period of potential accumulation.
Phoenix Group, a crypto company based in the UAE, is pushing hard to get into the US market. In a recent news release, the company said that its newest 50MW Bitcoin mining facility in North Dakota was now fully operational.
Amid the wider market decline, meme coin Dogecoin has seen its price retrace by about 10% in the past 24 hours. At the same time, data from Coinglass shows that over $24 million worth of Dogecoin positions have been liquidated in the ensuing decline in the past 24 hours.
Michael Saylor, an American businessman and well-known Bitcoin bull, published a new X post today. The CEO of MicroStrategy is known for his sometimes rational, sometimes weird, but always viral posts about the leading cryptocurrency, and today's is no exception.
Mike McGlone, a senior macro strategist for Bloomberg Intelligence, believes that Bitcoin, the leading cryptocurrency by market capitalization, has been vaulted to the world's top macroeconomic indicator.
Bitcoin's (BTC) ongoing correction below $100,000 could extend to $40,000 based on technical indicators, as highlighted by a trading expert.
Bitcoin's price dropped 6.05% to $94,661, with a $1.87T market cap. $700M liquidations occurred, driven by an oversold RSI at 33.77.
Thailand will launch a Bitcoin payment pilot in Phuket, allowing foreign tourists to use Bitcoin for transactions.
Thanks to Gary Gensler announcing his resignation as the Securities and Exchange Commission (SEC) Chair for January 20 and Donald Trump bringing with him a historically crypto-friendly administration to power, late 2024 was an exceptional period for Ripple Labs and for XRP.
Bitcoin price pulled back this week, falling from its all-time high of $108,200 to below $95,000 as concerns over the bond market persisted. Bitcoin (BTC) dropped sharply on Tuesday as U.S.
Starting in 2025, international visitors will be able to use Bitcoin for transactions. This offers a streamlined and tech-savvy alternative to traditional payment methods.
Ripple President Monica Long has stated that an XRP spot exchange-traded fund (ETF) is likely to be approved “very soon,” and is expected to be next in line after the recently approved Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs. Long's comments suggest a significant shift in the regulatory landscape, potentially opening up (CRYPTO: XRP) to a broader investor base.
Ripple continues to make waves in the crypto market, with constant milestones around its adoption and price performance. The latest XRP news reveals that Bank of America uses the Ripple token for 100% of internal transactions.
Dogecoin dropped 10% to below $0.37 amid a broader crypto market decline that saw Bitcoin fall to $96,000 and triggered $560 million in liquidations.
MicroStrategy's Bitcoin-focused strategy has led to trading volumes competing with trillion-dollar tech companies, while corporate Bitcoin adoption shows signs of expansion in 2025.
Peter Brandt, who is considered a legend in the financial markets with over 50 years of experience, has issued a new outlook on the price of the leading cryptocurrency, Bitcoin (BTC).
Benjamin Cowen is saying that the price action of Bitcoin (BTC) could mirror that of the Nasdaq exchange-traded fund (ETF) Invesco QQQ during the first 13 months that followed its launch about 26 years ago.
Economist and market commentator Peter Schiff has issued a stark warning about the current speculative frenzy surrounding Bitcoin (CRYPTO: BTC), asserting that millions of investors will lose sums far greater than they can afford. What Happened: Schiff sought to highlight his concern about the misallocation of capital, and how the speculative mania around cryptocurrencies will damage the image of sound money principles.
Analytics account @spotonchain has published a tweet to inform the crypto community that today the Ethereum Foundation had made its very first sale in 2025, on Jan. 8.
Priced at $899, the Avalon Mini 3 aims to recycle the excess heat generated through Bitcoin mining to warm living spaces.
The cryptocurrency market is facing turbulence as Bitcoin and Ether, two of the largest digital assets, experienced significant declines over the past 24 hours. Bitcoin, which had briefly surged above the $100,000 mark earlier this week, dipped by 5%, dropping to $96,527.
The futures on Dogecoin (DOGE) are attracting growing interest, marking a new record for open interest and consolidating the role of the largest memecoin by market capitalization.
The cryptocurrency market may be in turmoil, but today offers a reason to pause and reflect. It has been exactly 16 years since Satoshi Nakamoto, Bitcoin's enigmatic creator, unveiled what is arguably its most defining feature: the 21 million BTC supply cap.
Bhutan's Gelephu Mindfulness City pioneers adoption of digital asset strategic reserves. The city plans to set up an advisory panel on digital assets for GMC.
Ripple's President shares exciting news about the possibility of an XRP ETF.
Ripple's market activity reflects a period of equilibrium, with buyers and sellers locked in a standoff. The lack of volatility underscores indecision, emphasizing the need for a breakout to define the cryptocurrency's next direction.
Peter Schiff, a financial commentator and well-known Bitcoin (BTC) critic, has stirred the broader cryptocurrency space with another bold statement on X. In a post, Schiff criticized the current investment strategy by market participants betting on the U.S. government investing in a Bitcoin Reserve.
Fidelity Digital Assets, a subsidiary of global financial services firm Fidelity Investments, has released a new paper titled “2025 Look Ahead: Is it ‘too late' to enter digital assets?” The publication dedicates significant attention to the ongoing competition between Ethereum and Solana.
Arthur Hayes, co-founder of BitMEX, has forecasted that the cryptocurrency market may hit its peak in March, followed by a significant correction.
Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty were spotted dining with President-elect Donald Trump at Mar-a-Lago on January 7, 2025. The news broke via both Garlinghouse and Alderoty's posts on X, featuring a photograph with Trump that quickly went viral.
Ripple's stablecoin RLUSD could take a substantial European market share off Tether's USDT as the former navigate regulatory waters. Speculations have swarmed the crypto space on the status of USDT in Europe after the rollout of the Markets in Crypto Asset (MiCA) regulation.
Ethereum's attempt to surpass the $4K crucial mark failed, leading to a sharp rejection and raising concerns about sellers' dominance in the market. Fear is mounting, with expectations of a potential sell-off in the coming days if key support levels fail to hold.
Lookonchain reports that the Ethereum Foundation sold 100 ETH on Wednesday. The sales continued a pattern that has been observed since January 2, 2024, with a total of 4,566 ETH sold so far.
Ever since Ripple CEO Brad Garkinghouse was announced to be the crypto advisor for Donald Trump, the XRP price gained momentum. Meanwhile, the spot ETF speculations are making huge rounds after the recent dinner meeting of the CEO and the new president of the US.
Ethereum price has declined by nearly 10 percent in the last two days and an uptick in liquidations signal more trouble ahead.
Bhutan is already heavily invested in bitcoin through its hydroelectric-powered mining operations, holding 12,211 BTC ($1.2 billion).
As the most successful cryptocurrency, XRP has maintained its position as the most reliable asset on a market that is prone to volatility. At $2.03, XRP has risen 10.6% in the last week, surpassing Bitcoin, Ethereum and Binance Coin, which are suffering losses ranging from 4% to more than 8%.
The anticipation of crypto-friendly regulations has boosted investor sentiment towards XRP, causing its price to surge over 331% since the recent US election. The post XRP ETF Inching Closer to Reality Under Favorable US Regulations – Ripple President appeared first on Cryptonews.
TL;DR Canaan launched the Avalon Mini 3 and Avalon Nano 3S at CES 2025, integrating Bitcoin mining and home heating into a single device. The Avalon Mini 3 offers 37.5 TH/s, allowing users to mine Bitcoin while heating their living spaces, with a quiet and efficient design.
The cryptocurrency market has clinched several gains in terms of asset price recovery and a broader positive regulatory projection. With eyes locked on a second Trump term in the White House, traders are betting on a higher price rally for top digital assets.
The Bitcoin market has been negative for a day and a half, as the yields in the United States continue to climb. With this, a lot of “risk appetite” has been destroyed, and this of course influences the Bitcoin market.
In a latest development, Thailand is all set to launch a pilot program in Phuket in 2025, enabling tourists to use Bitcoin for transactions and streamlining digital payments. It aims to trial cryptocurrency payments in Phuket, one of its most popular tourist destinations, by offering foreign visitors an alternative payment option.
2024 was a pivotal year for the Ripple ecosystem, marked by notable launches and renewed regulatory optimism. That optimism came despite an ongoing legal wrangle with the U.S. Securities and Exchange Commission (SEC) that has now stretched into its fifth year.