As the Bitcoin whales maintain a wait-and-watch strategy and the BTC price falls near the $96,000 mark, Ethereum is making a bullish comeback. With an intraday surge, the Ethereum ETFs are showcasing positive trends, driving institutional demand.

Story Highlights The BTC price records a neutral price action for the third consecutive day. Bitcoin ETF breaks its inflow streak and loses $17.3 million in 24 hours. Technical indicators record mixed price sentiment. Despite increased price volatility, Bitcoin has displayed neutral price action this week.

The investment is expected to help the firm top $300 million in revenue and produce 2% of the Bitcoin network's total hashrate.

According to data provided by cryptocurrency analytics firm Lookonchain, a whale with 2,700 BTC (more than $250 million in dollar terms) recently transferred all of its holdings out after 11 years of dormancy.

The cryptocurrency market is buzzing with optimism as Bitcoin (BTC) consolidates near $95,000, and altcoins like Tron (TRX) and Reserve Rights (RSR) post massive gains. With a global market capitalization climbing 1% to $3.54 trillion, today's crypto prices highlight a strong bullish trend.

Peter Todd reignited discussions about space-based Bitcoin mining in a recent blog post where he argued that it is technically feasible.

Japanese crypto exchange DMM Bitcoin is finally closing after a $320 million hack. The company attempted to recover customer assets for several months but is now transferring accounts to SBI VC Trade.

Hut 8 has argued a lawsuit from its shareholders arose “from a short seller's attempt to obtain a monetary gain on its short position” in the crypto miner.

Bitcoin has been displaying notable resilience in recent sessions, holding steady above the $95,000 support level despite a brief pullback. The cryptocurrency is currently consolidating between the $95,000 support zone and the $98,000 resistance level, with market participants on edge as Bitcoin attempts to clear this crucial barrier.

Data shows social media users aren't euphoric towards Bitcoin, XRP, and other top cryptocurrencies despite the market-wide surge, a sign that could be bullish for their prices. Positive Sentiment Vs.

Cryptocurrencies traded at big discounts in the South Korean market Tuesday but recovered amid intense political drama in the East Asian nation. What happened: Major coins like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) sharply fell in value on Upbit, South Korea's largest cryptocurrency exchange.

Bitcoin has experienced notable whale activity since the conclusion of the US election on November 5, with an increase in the volume of Bitcoin transferred to exchanges by active whale addresses. However, contrary to what one might expect, there hasn't been a significant surge in profit-taking activity among these large holders, a CryptoQuant analyst named onatt revealed in a recent post on the QuickTake platform.

What's driving MicroStrategy's relentless push toward acquiring more BTC?

Roger Ver, famously dubbed “Bitcoin Jesus,” is no stranger to controversy. Now, he's up against U.S. prosecutors who accuse him of dodging $48 million in taxes tied to Bitcoin sales. Ver isn't just denying the charges. He's calling the tax rules themselves unconstitutional.

Crypto trades surged to $18 billion in 24 hours, driven by altcoins like XRP and DOGE, surpassing the stock market's $14 billion performance.

A crypto analyst highlighted significant Bitcoin inflows to crypto exchanges from whales, who are still holding back on making any major moves.

Foundry, a major mining pool and a subsidiary of DCG, laid off 60% of its staff. These layoffs targeted the company's non-core functions, including its entire hardware team and a possible future sale of mining site operations.

The crypto prices remain bullish today, with Bitcoin (BTC) consolidating in the $93K to $96K range. Among altcoins, Binance Coin (BNB) surged 15%, reaching a new all-time high.

The US government recently moved a substantial portion of its Bitcoin holdings, amounting to $1.92 billion, raising concerns about the future of Bitcoin reserves under the upcoming administration. This transaction, which included $963 million moved to Coinbase, has reignited discussions on the potential for the US to liquidate its Bitcoin holdings before President Joe Biden leaves office, potentially undermining plans by President-elect Donald Trump to create a US Bitcoin Reserve.

XRP price saw a couple of swing moves from the $2.85 resistance. The price is consolidating near $2.50 and might aim for more gains above the $2.65 level.

As we step into December 2024, altcoin season is in full throttle. The Altcoin Season Index hitting an all-time high of 88/100 signals a massive shift in focus to alts, and Solana is once again in the spotlight.

President-elect Donald Trump has chosen Paul Atkins, a pro-crypto figure, to chair the Securities and Exchange Commission (SEC), according to reports by Unchained. Current SEC Chair Gary Gensler announced he will step down on January 20 when Trump is inaugurated. Atkins, who served as an SEC commissioner under President George W.

Ethereum price is recovering higher from the $3,500 zone. ETH is showing bullish signs and might soon aim for a move above the $3,700 resistance zone.

Roger Ver is contesting a U.S. criminal indictment accusing him of evading $240 million in taxes from Bitcoin sales.

Virgin Voyages has become the first cruise line to accept Bitcoin, unveiling its 2025 Annual Pass. The pass, priced at $120,000, offers unlimited cruising for a year and exclusive amenities, targeting crypto investors and global travelers.

Recent Price Volatility Driven by Whale Trading XRP has experienced significant price swings recently, primarily due to large investors, known as whales. Over the weekend, these whales purchased approximately 160 million XRP, valued at around $380 million, which contributed to a recent price surge.

Marathon Digitals Growth: Driving Investor Confidence Bitcoin (BTCUSD) is currently consolidating after reaching a new all-time high of $93,483, with prices trading around $95,123. Both MicroStrategy and Marathon Digital Holdings (MARA) have significantly increased their Bitcoin holdings, reflecting strong institutional interest as Bitcoin approaches new highs.

Roger Ver is contesting a U.S. criminal indictment accusing him of evading $240 million in taxes from Bitcoin sales.

Bitcoin prices consolidate near the $95,000 level. BTC must clear the $96,500 resistance zone to attempt a fresh increase in the near term.

Ripple is preparing to launch a new stablecoin, RLUSD, which is expected to be backed by the U.S. dollar. This new token is anticipated to receive regulatory approval from the New York Department of Financial Services (NYDFS) soon.

On Tuesday, Dec. 3, XRP, the native crypto asset of the XRP Ledger (XRPL), is priced at $2.54 per coin, reflecting a 4.9% drop over the past day. Despite this dip, XRP has shown an impressive performance, gaining 81% this week and soaring 354.62% over the past three months.

If you're a crypto holder, a keen market observer, or just reading the headlines lately, you'll know that a few cryptocurrencies are making waves. In addition to Bitcoin, which is currently teasing the $100k level, Ripple's XRP is creating a price surge: the altcoin is enjoying a solid 107% gain in the last week, data from Coingecko shows.

Ripple's XRP is down by more than five percent at the time of writing and is trading at $2.56 levels. The price hit a range high of $2.82 before hitting a reverse.

Roger Ver, a leading cryptocurrency advocate and early Bitcoin investor, has urged a US court to dismiss tax evasion charges filed against him. He is most popularly known as ‘Bitcoin Jesus' among his 745,000 followers on X (formerly Twitter).

Foundry, the world's largest Bitcoin mining pool, has sent more than 60% of its staff packing today.

Bitcoin has experienced a few days of ranging price action following its recent drop from $99K to $90K. The price is now holding above the $95K level, and this area is crucial in determining whether BTC will continue its ascent toward the $100K mark or retrace to find liquidity in lower levels.

CEO and Chairman of Bitcoin miner Marathon Digital, Fred Thiel, has called for grid operators and renewable asset owners to use Bitcoin mining to manage grid congestion due to excess energy. Thiel expressed this view in response to a recent report about excess energy being wasted by wind farms in the UK.

XRP fell to $2.27 as South Korea's martial law announcement rattled markets, but price recovery highlights robust investor demand.

XRP's 400% rally in the past month has ignited a wave of growth for meme coins within the Ripple ecosystem.

Bitcoin price cooled off at the start of December, but several bullish catalysts support investors' belief that $100,000 BTC is around the corner.

XRP trading has surged dramatically, with Falconx, an institutional digital asset prime broker, reporting a tenfold increase in volumes during Q4, driven by institutional investors. Austin Reid, global head of revenue and business at Falconx, stated: “XRP trading is on fire.

In the latest episode of The Milk Road Show, Charles Edwards, founder of crypto hedge fund Capriole Investments, provided an in-depth analysis of Bitcoin's current state, its future trajectory, and the potential conclusion of the traditional 4-year Bitcoin cycle. Edwards posits that Bitcoin's journey to $100,000 could be the catalyst for an unprecedented price acceleration.

The recent surge in XRP's price has driven it to levels not seen in years. A possible reversal candle on the daily chart, however, suggests that the trend might be slowing down.

Whale activity for the native token of the XRP Ledger, XRP, has hit a new all-time high after the token's price exploded upward over the past month, allowing the cryptocurrency to become the third-largest digital asset by market capitalization.

Altcoin season has arrived: From Dogecoin and XRP to Tron and even metaverse tokens, traders are seeking heady gains following Bitcoin's meteoric rise.

Japanese Prime Minister Shigeru Ishiba has expressed “caution” about scrapping the country's controversial crypto tax law. Ishiba has also suggested he will not be rushed into approving Bitcoin spot ETFs. The post Ishiba Lukewarm on Japanese Crypto Tax Reform and Bitcoin ETF Approval appeared first on Cryptonews.

TD Cowen analysts argue that Trumps strong commitment to dollar dominance makes adopting a Bitcoin reserve improbable, as advocates face an uphill battle for policy change. Trumps Dollar-First Strategy Blocks Bitcoin Reserve Proposals According to TD Cowen analysts, incoming US President Donald Trumps steadfast confidence in the dollars primacy as the global reserve currency makes him unlikely to back calls for a US Bitcoin reserve, Investing.com reports.

Developers working on the XRP Ledger have agreed on major changes to the XRPL in response to the blockchain's recent surge in popularity. According to developer WietseWind on the social media platform X, XRPL Labs changed the configuration of its validator last month to lower fees and reserve requirements in anticipation of rising activity on-chain.