The cryptocurrency world is buzzing with speculation as market strategist Mikybull recently described XRP's current price structure as a “technical time bomb waiting for an explosion.” This bold statement has captured the attention of XRP enthusiasts, many of whom are eagerly anticipating what could be a dramatic price movement in the near future.
Altcoins are gearing up for an explosive rise as Bitcoin's dominance shows signs of weakness.
The crypto community remains on the edge as the appeal deadline for Ripple vs SEC gets closer. The SEC has remained silent on its intentions for an appeal, leaving XRP below last year's high.
Crypto analyst Kevin Svenson highlighted a significant bullish signal for Bitcoin (BTC), excitement among investors and traders alike. With Bitcoin currently trading at around $63,089—up 4.1% in the last week—Svenson's insights could potentially set the stage for a major rally.
BlackRock has reinforced the view that Bitcoin may be the future of the financial sector, as the $9 trillion asset management company has selected Bitcoin as a protection against a sudden Federal Reserve dollar crisis.
BTC climbs to its highest level since August, with ETF inflows boosting demand. MicroStrategy's massive buy adds to bullish sentiment, eyeing $70K.
XRP climbs to $0.60 as investors await SEC appeal decision. Ripple case uncertainty looms with the October 7 deadline nearing.
The U.S. SEC has given the green light to BlackRock's request to offer options trading for its spot Bitcoin exchange-traded fund (ETF).
Bitcoin is currently in a short-term bullish trend, but it is approaching a critical area of resistance as it becomes overbought on shorter timeframes. According to analyst Josh of Crypto World, the Super Trend indicator remains red.
In a recent discussion on social media Ripple's CTO, David Schwartz, that he holds XRP, stating that if there were a way for him to increase its price, he would definitely do it. During the conversation, another user pointed out that after seven years, XRP is still quite cheap.
Bitcoin might soon enter a bull market if it crosses above a crucial resistance.
Bitcoin is showing signs that it might be gearing up for a significant price surge. Recent trends indicate a reduction in risk hedging among traders, alongside promising on-chain metrics, which collectively suggest that Bitcoin could be on the verge of breaking new price barriers.
Ripple (XRP) sees positive market sentiment despite lackluster price movement. Whale accumulation surges and technical indicators hint at bullish potential.
XRP whales have made headlines by accumulating a staggering $223 million in new holdings over the past ten days. This significant increase in whale activity could indicate a bullish trend for XRP, discussions among analysts and investors alike.
The 7-day RSI was at 46, showing that the weekly momentum was bearish but was on the verge of shifting bullishly.
Short-term Bitcoin holders are becoming pivotal players in the market. With Bitcoin's price recently surpassing $63,000, these traders—who have held their investments for less than 155 days—could determine whether the cryptocurrency will rally to new heights, potentially reaching $70,000.
The government of Bhutan is currently holding over $828 million in bitcoin, according to onchain data by Arkham Intelligence. “Unlike most governments, Bhutan's BTC does not come from law enforcement asset seizures, but from bitcoin mining operations, which have ramped up dramatically since early 2023,” the crypto intelligence firm explained.
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has been a focal point in the cryptocurrency world since it began in December 2020. As we approach a crucial appeal deadline, the crypto community is on high alert, eager to understand the implications for Ripple and its digital asset, XRP.
The Ethereum Foundation has recently caught the attention of the cryptocurrency community by executing a substantial sale of Ethereum (ETH) this month. This move has sparked discussions and speculation among investors and analysts alike, raising questions about the foundation's strategy and its implications for the market.
Bitcoin (BTC) could be gearing up its last explosive rally of a four-year market cycle, which traditionally kicks off at the beginning of a halving event and culminates just before the next one. A crypto analyst has boldly predicted that the price of Bitcoin could surge to $200,000 and above, marking new All-Time Highs (ATHs) and the peak of the long-awaited bull market.
Rich Dad Poor Dad author Robert Kiyosaki has shared his expectation that the price of bitcoin could skyrocket to $500,000 by next year and $1 million by 2030. He referenced Jim Rickards' upcoming book, which warns about the risks AI poses to the global financial system, potentially increasing economic instability.
The following is a guest post by Vincent Maliepaard, Marketing Director at IntoTheBlock. When you first hear about Bitcoin staking, you might assume there's a mistake, given Bitcoin's Proof of Work (PoW) mechanism.
Despite some mid-week turbulence, the price of Bitcoin (BTC) rallied to close the past week on a positive note, with an overall price gain of 4.07% according to data from CoinMarketCap. This positive price performance allowed BTC to maintain its upward trajectory from the previous week when it crossed above the $60,000 price mark.
On September 21, 2024, XRP, the world's seventh-biggest cryptocurrency by market cap, experienced notable price fluctuations, resulting in the liquidation of $1.4 million in long and short positions. Over the past few days, XRP had been in a consolidation zone between $0.559 and $0.598.
Bitcoin must overcome resistance in the $64,000 to $66,000 zone before a new set of growth catalysts initiate the path to six-figure BTC price territory.
Large investors, commonly known as whales, have engaged in significant buying activity involving Ripple's XRP. Over the past ten days, these investors have acquired more than 380 million XRP tokens, amounting to approximately $228 million.
Bitcoin (BTC) has recently made headlines by surpassing the $64,000 mark for the first time in three weeks. While it briefly retreated to around $63,450, this still represents a 2% increase in the past 24 hours and a remarkable 10% gain over the last week.
Bitcoin is a mess right now, and Wall Street is a big reason why. Once hailed as a revolutionary product that would change finance as we know it, Bitcoin is now acting like just another stock.
Recent data from Crypto Quant reveals a striking transformation in how institutional investors are approaching Bitcoin. Over the past five months, net short positions in CME Bitcoin futures have plummeted by a remarkable 75%.
The latest developments regarding the Ripple vs SEC lawsuit have indicated deliberations on an appeal against Judge Torres' rulings in the XRP case. An attorney argues that the U.S. Securities and Exchange Commission (SEC) will not reveal its decision until the last minute.
Bitcoin has surged over the past few days, sparking a shift in market sentiment as investors take notice of its renewed momentum. Despite the recent price gains, key data from Coinglass reveals that Bitcoin's volatility remains notably low compared to past cycles.
XRP, is demonstrating strong bullish potential as it continues to stay above a crucial resistance level that has held firm for over seven years. As of September 20, 2024, XRP is trading at approximately $0.59, maintaining a positive trajectory despite not outperforming some of its leading counterparts in the crypto market.
Fidelity's FBTC reported the largest inflows worth $26.12 million, and Ark Invest and 21Shares' ARKB saw $21.99 million.
Metrics reveal that although BTC prices climbed 6.97% in September, Bitcoin's hashprice—the anticipated daily revenue from 1 petahash per second (PH/s)—remains ultra-low. This suggests that miners are still dealing with extremely thin profits.
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad” speculates that Bitcoin is heading to six figures as early as next year. Kiyosaki envisions that the price of the world's top cryptocurrency could hit a staggering $500,000 in 2025.
Bitcoin (BTC) is once again capturing the attention of investors as analysts predict an exciting future for the leading cryptocurrency. Recently trading around $63,623, Bitcoin has seen an impressive increase of nearly 10% over the last two weeks.
XRP supply is rapidly shrinking as institutional accumulation rises, leaving retail investors with limited options.
Bitcoin has performed well in the past few days after experiencing a strong downturn in the first two weeks of September. This rally kickstarted in the middle of this week after the Fed decided to slash the benchmark interest rate by 50 basis points (bps), a move that proved positive for cryptocurrencies.
On Friday, the U.S. Securities and Exchange Commission (SEC) issued approval for the world's largest wealth management BlackRock's Bitcoin options. They will be listed and then traded on the Nasdaq exchange under the IBIT ticker.
The SEC's approval of options trading for BlackRock's Bitcoin ETF marks a pivotal step towards broader institutional acceptance of cryptocurrency.
The spot bitcoin and ether exchange-traded funds (ETFs) experienced a second consecutive day of inflows, as both categories of funds posted gains. On Friday, spot bitcoin ETFs drew in $92 million, while spot ether ETFs collected $2.87 million.
An intriguing development for the cryptocurrency community, several miners from the early days of Bitcoin have recently moved their dormant 50 Bitcoin (BTC) rewards. This movement, linked to wallets created as early as January 29, 2009, marks a significant moment in the history of Bitcoin, drawing attention from enthusiasts and experts alike.
Several social measures imply that the cryptocurrency's boom could be ended soon. Bitcoin is trading at $63,219, down 0.09% in the last 24 hours as per data from CMC.
The recent sentiment shift in the market has renewed the prospects of interest in the Ethereum DeFi ecosystem. Here's what on-chain data has to say.
Bitcoin (BTC) is displaying impressive strength as the bulls prepare to reclaim dominance and embark on a robust upward trend. With the price approaching a crucial range, the trajectory of Bitcoin for the upcoming quarter could be significantly influenced.
XRP price prediction reported a 3.4% surge during the Saturday session, teasing a bullish breakout from the $0.6 resistance. The sudden inflow could be linked to Vice President Kamala Harris accepting the invitation from CNN for a second debate with President Donald Trump on October 23.