Here is a 2-minute breakdown of everything important that happened in crypto today.

Justin Sun recently withdrew 52,905 ETH from Lido Finance, an amount valued at approximately $209 million. This withdrawal adds to his earlier transactions in Ethereum, and there's speculation that his activity could potentially impact the ETH market.

Michael Saylor, co-founder and executive manager of MicroStrategy business intelligence firm famous for its Bitcoin strategy, has made a statement as the world's flagship cryptocurrency BTC reached a new all-time high several hours ago.

The Grayscale Bitcoin Trust has had $21 billion in outflows since January, overshadowing gains from the nine new US-based spot Bitcoin ETFs in the market.

The Bitcoin price has continued its foray above the $100,000 threshold and is currently trading around new all-time highs. Following its recent surge to an all-time high (ATH) above $106,000, the Bitcoin price has played out an interesting pattern on the 1-day candlestick timeframe, which points to an extremely bullish outlook for the leading cryptocurrency.

Ripple's native cryptocurrency, XRP, has once again captured the attention of the crypto market after its recent 8% rebound. The cryptocurrency briefly dipped below the $2 mark on December 10th, leading some to speculate that its bullish trend might be losing steam.

Macro guru Luke Gromen believes the US has minimal choice but to seriously consider elevating Bitcoin (BTC) as a neutral reserve asset. In a new interview with Bitcoin firebrand Robert Breedlove, Gromen says the country is facing a national security crisis after Russia crushed US and NATO forces in Ukraine.

When it comes to trading, success depends not just on luck or timing, but on having the right tools. This is especially true when it comes to the crypto market, known for its significant and extremely fast moves.

Ethereum is expected to reach a new all-time high in the first quarter of 2025, according to analysts.

Bitcoin wallets holding less than 1 BTC, also known as "shrimp" wallets, are expected to increase by nearly 9% in the near term, according to analyst Axel Adler.

Ripple's XRP is at the center of growing attention due to major ecosystem developments and price movements.

Tron founder Justin Sun has sparked speculations in the market with his recent plan to acquire around 53K ETH. Notably, this comes as the Ethereum price flirted near the $4,000 mark, with a surge of nearly 2% in its last 24-hour value.

Riot Platforms, a leading bitcoin mining company, added a substantial amount of BTC, worth approximately $510 million, to its holdings. Between December 10 and 12, Riot bought roughly $510 million in Bitcoin, bringing the total value of its BTC holdings to nearly $1.7 billion.

Ripple CTO David “JoelKatz” Schwartz has outlined how RLUSD—the upcoming stablecoin on the XRP Ledger—could initially trade at highly inflated prices, possibly even $1,200, despite its intended $1 peg. Speaking via X, he highlighted early supply bottlenecks, speculative fervor, and the fundamental market mechanics of stablecoins as factors likely to drive any short-lived spike.

David Schwartz, the Chief Technology Officer of Ripple, has warned investors about possible supply constraints and price fluctuations for the company's USD-pegged stablecoin, RLUSD, upon launch.

BTC is on a roll again, charting a fresh peak above $106K.

The markets began the weekly trade on a bullish note after the price of Bitcoin recorded a new ATH above $106.6K. This triggered a massive upswing in some altcoins, while others chose to trade within a narrow range.

Bitcoin's (CRYPTO: BTC) record-breaking run to $106,000 has been considerably boosted by a spurt in whale investor holdings, on-chain data revealed Sunday, although retail continued to control the majority supply. What Happened: Since the bull rally commenced on Oct. 10, there has been a net increase of 1,582 more wallets holding at least 100 BTC, blockchain analysis firm Santiment reported on X.

The crypto market today has commenced its trade on a bullish note, with Bitcoin price hitting a new ATH above $106k. This feat has led to the industry's market cap shooting up 1.72% to $3.7 trillion. The fueling optimism has resulted in the trading volumes jumping 24.55% with the numbers at $159.63 billion.

Data from the past eight years shows that bitcoin ended December in the green six times since 2015, running at least 8% to as much as 46% (in the outlier year of 2020).

Ethereum spot exchange-traded funds (ETFs) are witnessing unprecedented investor interest, with a record $855 million net inflow during the week of December 9–13, 2024. The post ETH Spot ETFs Hit ATH of $855M, BlackRock ETHA Sees $523M Inflows appeared first on Cryptonews.

By stabilizing grids, utilizing surplus energy, and integrating with renewables, bitcoin mining is becoming a key part of the clean energy transition.

Bitcoin reached an all-time high on Monday after institutional interest in the digital currency spiked as President-elect Donald Trump confirmed plans for Bitcoin reserve.

Abstract, a new Ethereum Layer 2 built for faster and cheaper transactions! Powered by zero-knowledge technology.

Ripple CTO has cautioned that Ripple's upcoming US dollar-pegged stablecoin, RippleUSD (RLUSD), may face supply shortages upon launch. The post Ripple CTO Warns of Potential Supply Shortages in Early Days of Ripple's Stablecoin Due to Large Orders appeared first on Cryptonews.

The Bitcoin rainbow chart signals a $500K supercycle, with momentum growing from institutional flows.

Ripple's Chief Technology Officer, David Schwartz, has warned that while there may be temporary supply shortages when RLUSD launches, causing prices to briefly rise above $1, the price will soon stabilize as the market adjusts. He urged investors not to fall for “FOMO” (Fear of Missing Out) over possible early price fluctuations of the stablecoin.

The U.S. Financial Accounting Standards Board (FASB) has introduced a groundbreaking update that's set to change how companies account for Bitcoin and other eligible crypto assets. Starting today, businesses can measure their Bitcoin holdings at current market prices, making financial reporting more accurate and transparent.

Schwartz highlighted pre-market bids for RLUSD reaching $1,244, driven by buyers eager to claim the “honor” of being the first to buy it.

Bitcoin edges past $106K as MicroStrategy hints at $100K purchase and Trump's Bitcoin reserve plans gain traction. Institutional confidence grows. The post Bitcoin Price Surges Past $106K Amid Strategic Reserve Hopes, $800K Target Looms appeared first on Cryptonews.

Bitcoin, the leading cryptocurrency, reached a new record high of $106,533 at 00:39 UTC on the Bitstamp exchange.

Bitcoin (BTC) price surged over 2 percent in the past 24 hours to reach a new all-time high (ATH) of about $106,352 for the first time in 16 years of existence. As a result, the total crypto market cap is only $130 billion shy of hitting $4 trillion for the first time since inception.

MicroStrategy may have made its first Bitcoin purchase above $100,000 per coin, potentially bringing its Bitcoin holdings closer to a $50 billion valuation.

Bitcoin's rise to $106,533 reflects a strong market momentum as President-elect Donald Trump hinted at a groundbreaking plan to establish a U.S. Bitcoin strategic reserve during his interview with CNBC. With a recent price of $105,688, the cryptocurrency has increased by more than 50% since the election on November 5.

The price of Ethereum surged to $4,000 once again and it can't be a coincidence. Just 6 hours before the price surge, two multisign wallets with a common creator address withdrew their first ETH and staked them. Has some new institution started accumulating Ethereum, maybe.

The cryptocurrency market witnessed a significant upswing on December 16, with Bitcoin (BTC) hovering around $105K at press time. Earlier, BTC reached an all-time high of $106,400. The broader market followed suit, as major altcoins, including Ethereum (ETH), XRP, and Solana (SOL), recorded steady gains.

Ripple's RLUSD launch highlights the risks of speculative behavior in stablecoin markets, emphasizing the need for informed investment decisions. The post Ripple CTO advises against FOMO amid expected price spikes for RLUSD at launch appeared first on Crypto Briefing.

The Fed is likely to deliver a “hawkish rate cut,” with hints of less easing next year.

Analysts thinj bitcoin price may see more upward momentum through the end of the year and into 2025.

Seven years ago, Eddie Lobanovskiy designed the iconic XRP logo, symbolizing scalability and speed. Now, he's back with a new creation: the XRP $ARMY logo. Lobanovskiy described it as “the helmet of courage, an unstoppable ‘X' of strength,” symbolizing the power of the XRP Army.

Bitcoin surged to an all-time high above $106,000 on Monday, fueled by speculation that President-elect Donald Trump plans to create a U.S. bitcoin strategic reserve. The post Bitcoin Soars Past $106,000 Amid Hopes of U.S. Strategic Bitcoin Reserve appeared first on Cryptonews.

Trump proposes Bitcoin reserve to secure U.S. economic leadership and combat inflation. The initiative could drive Bitcoin's market cap to $15 trillion, with prices potentially surpassing $500,000 per coin.

XRP price started a downside correction from the $2.50 zone. The price is now consolidating gains and might aim for a move above the $2.4650 resistance zone.

Bitcoin rallied to a new all-time high Sunday evening as investors awaited an expected interest rate cut by the Federal Reserve later this week.

Ethereum price started a decent increase above the $3,900 zone. ETH is consolidating gains and might aim for a move above the $4,000 resistance zone.

Ripple's XRP is currently trading slightly above the $2.40 levels and has slipped into the green zone.XRP is maintaining its position above the upper boundary of the trend channel and recently there has been increased volatility in the crypto market, raising hopes for a possible further move upward.

As of today, the Financial Accounting Standards Board will put its fair value accounting rules on BTC and other eligible crypto assets into effect.