Bitcoin price extended losses and traded below the $95,000 zone. BTC is showing bearish signs and might decline heavily below the $92,000 level.

Bitcoin's stint at its new all-time high of $108,200 was short-lived. In less than a week, its price dropped by over 12%, reaching $95,000 on Dec. 23.

On-chain data shows the XRP blockchain has witnessed sharp wallet growth recently and has outpaced giant networks like Bitcoin and Ethereum. XRP Has Been Gaining Rapid Adoption Recently According to data from the on-chain analytics firm Santiment, the top cryptocurrencies have witnessed significant growth in Total Amount of Holders over the last couple of years.

Unverified reports suggest the UAE holds $40B in Bitcoin, potentially surpassing the U.S. and China. The market wonders: will it sell or hold for the long term?

Bitcoin's market correction has worsened as the cryptocurrency extends its losses, setting the stage for further challenges as the year draws to a close. The once-thriving market for Bitcoin, which hit an all-time high of over $108,000 on December 17, has seen a significant pullback of approximately 12%.

A widely followed crypto analyst says that Ethereum and altcoins are bracing for a swing to the upside as ETH prints the same pattern it did in 2020. In a new video update, crypto strategist Jason Pizzino tells his 344,000 YouTube subscribers that the Ethereum/Bitcoin (ETH/BTC) pair is flashing a “major altcoin signal.

If such events become more frequent, it could create an imbalance in demand and supply, potentially affecting Bitcoin's price in the long-term.

Bitcoin's (BTC) market took a significant hit last week, experiencing its worst performance since Donald Trump's victory in the U.S. presidential elections. After several weeks of impressive price gains, BTC's price tumbled by 15%, triggering widespread fear, uncertainty, and doubt (FUD) within the crypto community.

Donald Trump's administration is expected to pursue executive orders on day one to push cryptocurrency forward, with potential plans for a national bitcoin reserve and expanded crypto banking access. Crypto Industry Prepares for Possible Day-One Executive Orders From Trump's White House U.S.

While Ethereum (ETH) has once again failed to break through the stubborn $4,000 resistance level, BlackRock's iShares Ethereum Trust ETF has quietly accumulated over one million ETH. This milestone reflects strong institutional demand for Ethereum, even as its price performance in 2024 remains lackluster.

Bitcoin has continued to see declining performance in recent days with on-chain metrics offering valuable insights into market behavior. Among these metrics, the Spent Output Profit Ratio (SOPR) for long-term holders has particularly emerged as a critical tool for assessing investor sentiment and market resilience.

The 50 EMA, a crucial technical level that serves as a solid support for bullish momentum, has been breached by Ethereum. The asset is at a turning point, and the sustainability of its bullish trend is called into question, as is its capacity to sustain its recent recovery.

Matador Technologies is following in MicroStrategy's footsteps, sharing a board member with Japanese firm Metaplanet—another Bitcoin buyer.

Prediction markets have gone ballistic. Kalshi, one of the sharpest platforms out there, says there's now a 77% chance that one of the Magnificent 7 companies (Apple, Amazon, Meta, Microsoft, Tesla, Nvidia, or Alphabet) will take the plunge and buy Bitcoin in 2025.

The financial world is abuzz after asset manager VanEck suggested that the United States could reduce its national debt by as much as 36% by adopting Bitcoin as a strategic reserve asset. In its latest report, VanEck projects that if the US were to integrate Bitcoin into its financial strategy, the country could significantly curb its rising debt over the next 26 years.

According to blockchain tracker Whale Alert, XRP whales have seen a significant transfer of 60 million XRP, valued at $132,202,106, between two unidentified wallets. This large transaction has drawn attention as market analysts predict a possible rally in XRP's price, with some suggesting a new all-time high could be on the horizon.

Japan-based early-stage investment firm Metaplanet continues its Bitcoin (BTC) buying spree. The company announced today that it has purchased 619.7 BTC for $61 million – including fees and other expenses – making it the firm's largest Bitcoin acquisition to date.

Robinhood CEO Vlad Tenev recently addressed the company's approach to cryptocurrencies, specifically its position on holding Bitcoin. Speaking in an interview with Anthony Pompliano, Tenev revealed that internal discussions about maintaining Bitcoin reserves occur periodically.

Welcome to Latam Insights Encore, a deep dive into Latin America's most relevant economic and cryptocurrency news from last week. This edition examines the confusing agreement signed by El Salvador and the IMF and how Bukele's actions might jeopardize the disbursement of $1.4 billion for the country.

Metaplanet has doubled down on Bitcoin as it increased holdings to $168 million despite a recent price drop.

The cryptocurrency market is currently experiencing bearish momentum, and Ethereum (ETH) seems to be at the heart of this downturn. A major factor contributing to Ethereum's decline is the actions of Justin Sun, the founder of Tron (TRX), who has been selling off a significant portion of his ETH holdings.

Allo, a real-world assets tokenization platform, has secured $100 million in debt financing to bolster its Bitcoin-backed lending business. On Dec.

Ethereum (ETH) has remained a focal point in the cryptocurrency market, even as its price action continues to lag behind Bitcoin's recent bullish trajectory. Despite failing to secure a new all-time high, Ethereum has shown multiple positive indicators that suggest a strong foundation for future growth.

XRP was amongst the most traded altcoin on Binance this December according to CryptoQuant analyst JA Maartunn. The altcoin recorded a trading volume of more than $116.6 million on Binance Futures, outperforming other altcoins.

A Fed-sparked market rout continued in the cryptosphere, denting investors' hopes of a Santa Claus rally as Bitcoin sank further Monday.

A closely followed crypto strategist says Bitcoin (BTC) is forming a bullish pattern similar to what was witnessed earlier this year before sparking massive surges.

Cryptocurrencies fell this weekend and into today, as investors grappled with a potentially more hawkish Federal Reserve, which could lead to fewer rate cuts than hoped for in 2025.

XRP has been on an impressive growth trajectory since the U.S. elections in November 2024, with a surge of 336%, rising from $0.5035 to $2.21. This increase has reignited optimism in the cryptocurrency community, with many projecting even higher prices for XRP.

Bitcoin (BTC) has experienced a 7% decline over the past week. While this drawdown is partly due to the broader cryptocurrency market weakness, it is primarily driven by a reduction in buying activity from large investors, commonly referred to as “whales.

Besides holding some coins as part of its business of servicing clients' trading needs, the company has no plans to hold BTC.

Fed's cautious tone tempers post-election euphoria.

The Wall Street Journal (WSJ) has raised alarms over a potential quantum computing threat to Bitcoin (BTC), describing it in a recent article as “a time bomb waiting to explode.

Kalshi users currently see a 70% chance of a Magnificent 7 company buying Bitcoin before the end of 2025.

XRP, the native token of Ripple Labs, is making waves amid ongoing market uncertainty. Over the past few days, the overall cryptocurrency market has faced downside momentum. XRP Current Outlook Despite this, XRP has held its crucial support level at the $2.15 mark for the last five trading days.

Currently, Solana ($SOL) struggles to keep the $180 range, while Ripple ($XRP) struggles to maintain a $2 price point in the recent period. Adding to the intrigue, Solana's descent from $260 to $180 has seen it surpassed by $XRP in market capitalization, a development that has shocked the entire crypto community.

An analyst has explained how Bitcoin could see a top beyond the $168,500 mark based on the historical trend in this indicator. Bitcoin Mayer Multiple Could Reveal Location Of Next Price Top In a new post on X, analyst Ali Martinez has discussed where the BTC top could lie based on the Mayer Multiple.

Nasdaq-listed business intelligence firm MicroStrategy has announced the acquisition of an additional 5,262 bitcoin at an average price of $106,662 per BTC, with the purchase costing the firm around $561 million in total.

Senator Ted Cruz, a staunch champion for crypto reaffirmed his support for bitcoin while speaking at the Turning Point Americafest Conference. In his words, “We are going to unleash crypto. I am proud to stand with bitcoin. I am the only member of the U.S. Senate who is a bitcoin miner.

XRP price has faced a notable downturn, dropping more than 8% over the past seven days after reaching its highest levels in six years on December 17. The recent decline has brought XRP closer to a critical support level at $2.17, a key price point that could determine its short-term trajectory.

Bitcoin could correct roughly 30% based on historical patterns.

Satonomy has launched a beta platform designed to simplify the management of Bitcoin-native assets like UTXOs, Ordinals, Runes, and rare sats to address long-standing barriers to adoption, according to a Dec. 23 statement shared with CryptoSlate.

Cryptocurrency markets are trading lower on a low-volume Monday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $92,996.64 -3.2% Ethereum (CRYPTO: ETH) $3,313.40 -0.3% Solana (CRYPTO: SOL) $184.82 +0.9% XRP (CRYPTO: XRP) $2.16 -4% Dogecoin (CRYPTO: DOGE) $0.3108 -2.5% Shiba Inu (CRYPTO: SHIB) $0.00002168 -1% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 20.6% and daily active addresses falling by 0.02%.

Bitcoin led a crypto market correction early Monday, taking BTC to the $92,762 level and putting it down over 12% over the last seven days.

Japanese investment firm Metaplanet announced another Bitcoin buy on Monday as the firm accelerates its BTC treasury strategy.

Peter Schiff's "USA coin" proposal challenges Bitcoin's decentralized model, sparking debate over the role of government-backed digital currencies.

According to data provided by CryptoQuant analyst JA Maartunn, XRP is the most traded alternative cryptocurrency on the Binance exchange this December.

In a sea of noise, the real winners of Web3 will be those who turn raw on-chain data into actionable signals for sustainable growth.

On Monday, Bitcoin treasury company MicroStrategy announced that it had spent roughly $561 million to acquire additional Bitcoin as it remains uber-bullish on the world's largest and oldest cryptocurrency. This marks its seventh consecutive week of Bitcoin purchases.