BlackRock's Bitcoin ETF has seen a record bleed on Christmas Eve amid a four-trading day streak of outflows from US Bitcoin funds.
XRP, the native cryptocurrency of the Ripple network, has been experiencing rapid wallet growth in recent months, outpacing major players like Bitcoin and Ethereum. Data from on-chain analytics firm Santiment reveals a significant rise in the “Total Amount of Holders” for XRP, marking a notable trend in its adoption.
Dogecoin network activity surges, raising adoption hopes while transaction volume highlights room for growth.
XRP price corrected some losses and climbed above the $2.25 zone. The price is now struggling to clear the $2.350 resistance zone.
Ethereum (ETH) has been moving in a narrow range recently, but there are growing signs that it could be preparing for a significant price movement. Market analyst Jason Pizzino believes that Ethereum, along with other altcoins, is poised for a rally based on current market conditions.
Ethereum price started a recovery wave from the $3,220 support. ETH is now recovering some losses and might rise if it clears the $3,550 resistance.
Data shows the Bitcoin market sentiment is still quite close to the extreme greed zone, a potential sign that a further price cooldown may be needed before a bottom. Bitcoin Fear & Greed Index Still Has A High Greed Value The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment among investors in the Bitcoin and wider cryptocurrency markets.
On Tuesday, Ali, a prominent voice in the crypto community, revealed that whale investors purchased a staggering 270 million Dogecoin (CRYPTO: DOGE) in less than four days. What Happened: On Christmas Eve, Ali took to X to announce the significant investment in Dogecoin.
Bitcoin price started a recovery wave above the $95,000 level. BTC might continue to rise if it clears the $100,00 resistance zone.
Crypto influencer Ben Armstrong, also known as BitBoy, recently shared his bold perspective that XRP could surpass Bitcoin in terms of market dominance in the upcoming bull cycle. While he doesn't foresee XRP overtaking Bitcoin's market capitalization in the immediate future, Armstrong strongly believes that XRP will challenge Bitcoin's dominance and possibly outperform it during this rally.
Canadian-based gold tokenization firm Matador Technologies wants to diversify away from Canadian dollars and is adding Bitcoin to its balance sheet.
XRP Market Awaits SEC Decision: The SEC's next move could drive XRP toward $1.50 or its all-time high. Explore the legal and market implications.
El Salvador's President Nayib Bukele could visit Russia in 2025, with a Russian diplomat suggesting the Latin American leader could talk to Moscow about Bitcoin (BTC). The post El Salvador's Bukele ‘May Visit Russia in 2025' – Will He Talk Bitcoin With Putin? appeared first on Cryptonews.
Bitcoin's net position change for STH hits a positive value of +750k BTC, while LTH droped to a negative.
Jameson Lopp's recent post on X, “RIP Bitcoin Obituaries,” suggests a decline in Bitcoin's (CRYPTO: BTC) death proclamations, sparking interest in the cryptocurrency's resilience. What Happened: The software engineer, columnist, and Bitcoin advocate's post on Christmas Eve, hints at the diminishing frequency of death declarations.
The on-chain data by Santiment reveals that whales bought 40 million XRP in the last 24 hours after a week of price consolidation.
Ethereum's relative strength to Bitcoin could climb in January, which an analyst says might trigger an Ethereum “altcoin run.”
Are XRP and SOL set to outpace Bitcoin in January 2025 as market dynamics shift?
TeraWulf is moving into AI by leasing data center space to Core42. This deal will help the company provide over 70 MW of power at its Lake Mariner facility.
Since Ethereum's (ETH) price fell below $4,000 on December 17, it has struggled to reclaim that level, fueling speculation that ETH might not return to the zone before the end of 2024.
Ethereum (ETH) has started to climb some levels after it fell to the $3,100 support zone last week. The second-largest cryptocurrency is attempting to break from its downtrend, with some market watchers suggesting it is poised for a massive run in 2025.
Donald Trump's election win has fueled optimism around top altcoins issued by US-based firms. Besides, several experts have further fueled optimism with anticipation over a surge in crypto ETFs this year.
Rumors about Justin Sun selling Ethereum came up after big transfers during a price drop, but he clarified it was just moving funds between wallets. He still holds a lot of ETH and believes in its future.
The XRP chart shows a descending flag pattern, indicating that the asset has entered a critical phase. A possible decline is frequently indicated by this bearish continuation pattern.
Despite numerous forecasts that Bitcoin's (BTC) price could surge to $120,000 before year-end, the coin has encountered a setback, now trading below $97,000. However, historical data indicates that such pullbacks often present an opportunity for new Bitcoin buyers to accumulate.
U.S. spot bitcoin exchange-traded funds (ETFs) took a hit the day before Christmas Eve, while ethereum ETFs embraced some positive vibes. Holiday Havoc: Bitcoin ETFs Lose, Ethereum ETFs Soak Up Inflows There's been a heap of market jitters floating around, amplified by the typical holiday lull. On Dec.
Ethereum (ETH) has been facing growing bearish pressure recently, and market watchers are increasingly concerned that the price could decline toward the psychological $3,000 level. This follows a wave of selling activity across both long-term and short-term holders, alongside other key indicators pointing to a potential downturn.
Russian authorities reportedly plan to prohibit cryptocurrency mining in 10 regions and impose seasonal restrictions in three others beginning January 1, 2025, amid growing concerns over energy shortages.
Bitcoin has recently experienced mixed market movements, with analysts closely monitoring on-chain data to understand the short-term trajectory of the leading cryptocurrency. On-chain metrics indicate a notable shift in exchange activity, with Tether (USDT) seeing significant outflows while Bitcoin (BTC) inflows into exchanges remain elevated.
MicroStrategy has scheduled a special shareholder meeting to approve changes in its equity issuance strategy to fund additional Bitcoin acquisitions.
Investors showed confidence in Ethereum, pushing $51 million in inflows, as Solana faced $8.7 million in outflows during the same period.
A quant has explained how the latest trend in the Bitcoin Coinbase Premium Index could imply a buying opportunity for the asset. Bitcoin Coinbase Premium Index Has Plunged To -0.221% In a CryptoQuant Quicktake post, an analyst talked about the latest development in the Bitcoin Coinbase Premium Index.
Dogecoin faces stagnation as open interest drops severely and key support levels fail to hold.
Amid its evolutionary journey, the Ethereum protocol is set to undergo another major upgrade dubbed Pectra in the first quarter of 2025. For a long time, developers have worked on this upgrade, adding and removing EIPs amid functionality review.
Last week, the price of bitcoin took a tumble, and right alongside it, the network's computing muscle flexed down from a whopping 806 exahash per second (EH/s) on Dec. 14 to a mere 771 EH/s by Dec. 21.
On Dec. 24, 2024, the amount of mined bitcoins crossed the 19,800,000 mark, leaving less than 1.2 million bitcoins remaining until the total supply is exhausted. After the 2024 halving, approximately 450 bitcoins are mined each day.
MicroStrategy has submitted a proxy filing with the SEC seeking shareholders approval to boost its Bitcoin's 21/21 Plan.
On Dec. 10, 2024, the New York Department of Financial Services approved Ripple's new stablecoin, RLUSD, on the XRP Ledger and Ethereum blockchains.
A widely followed crypto analyst is warning that Bitcoin (BTC) may suddenly undergo a massive correction. In a new strategy session, Benjamin Cowen tells his 850,000 YouTube subscribers that the extension from the 20-week simple moving average (SMA) is flashing bearishness for Bitcoin.
Jason Calacanis, who is considered to be the greatest angel investor of all time, has suggested that business intelligence firm MicroStrategy might end up breaking "the game of Bitcoin" due to its massive purchases.
Over the last few weeks, the Bitcoin price has been on a downward trend, experiencing significant declines that have pushed it below its all-time high above $104,000. Despite this price crash, a crypto analyst has predicted that Bitcoin could recover from this slump and potentially reach a new ATH at $107,000.
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President-elect Donald Trump told CNBC's Jim Cramer on Dec. 12 that "we've got to produce a tremendous amount of electricity" to "do something great with crypto." Someone understands Bitcoin.
Crypto analyst Ali Martinez has indicated that there is a looming parabolic rally for the Dogecoin price. Martinez predicted that the foremost meme coin could rally above $1 and reach as high as $20 if history repeats itself.
Why is Robinhood reluctant to hold Bitcoin while others dive in?
Analysts and experts say AI agents, a swathe of major network upgrades, and regulatory improvements in the US are all things Ethereum fans can be excited about in 2025.
Despite Bitcoin's 130% surge to $98,600 in 2024, most mining firms struggled due to decreased block rewards and increased operational costs. The post Bitcoin miners struggle despite BTC's 130% surge in 2024 appeared first on Crypto Briefing.
The government of El Salvador raised its daily Bitcoin (BTC) purchase by elevenfold on two separate days in the past week. The Central American country started buying one BTC every day in November 2022, shortly after the crypto exchange FTX imploded. Last Friday, however, El Salvador purchased more than 11 BTC worth $1.