On Dec. 16, US spot and derivative Bitcoin ETFs collectively broke $129 billion in net assets, surpassing gold ETFs for the first time.
The 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network” report by Coin Metrics and analyst Matías Andrade. Battle for Hashrate Dominance The April 2024 halving, which slashed block rewards from 6.25 BTC to 3.125 BTC, severely impacted miner earnings.
Bitcoin (BTC) has been experiencing a remarkable surge in price, and with this upward momentum, many investors are becoming increasingly optimistic about its potential. In the past five days, BTC has gained 6.44%, reinforcing the idea that the bullish trend is likely to continue.
Bitcoin reaches a new milestone at $108,000, maintaining momentum above $100,000 as market sentiment remains extremely bullish, fueled by political support and increasing institutional integration.
Dennis Porter, founder of the Satoshi Action Fund, has unveiled a draft of an executive order crafted for President-elect Donald Trump to establish a Strategic Bitcoin (BTC) Reserve within the Exchange Stabilization Fund (ESF).
Christian Lindner, the former Finance Minister of Germany, questioned the country's leaders for not adopting Bitcoin's economic opportunities, especially as the U.S. moves forward with crypto innovation. The leader of the Free Democratic Party (FDP) Christian Lindner questioned the German government for failing to adopt Bitcoin's economic opportunities.
A notable financial expert and wealth mentor, Linda Jones, has explained why XRP is a good long-term investment. In her video “Why Do I Hold XRP?
The chief executive of payments app Strike is leaning bullish toward Bitcoin (BTC) as the flagship crypto asset hovers above the $100,000 price tag.
Wyoming Senator Cynthia Lummis has been very supportive of the new administration's attitude toward digital assets, especially when it comes to Bitcoin reserve. In her tweet she said she thinks that 2025 will be a very important year for cryptocurrencies, referring to the appointment of David Sacks as the “Crypto Czar” of the administration.
Eric Balchunas, one of the leading ETF analysts, has poured cold water on the prospects of an XRP exchange-traded fund being approved by the U.S. Securities and Exchange Commission (SEC) in the near future.
Cryptocurrency markets are trading sideways on Tuesday, as markets await the Federal Reserve's interest rate cut decision. The Fed is expected to announce its third consecutive reduction with a 25-basis-point rate cut.
The recent launch of Ripple's stablecoin initiative has drawn attention and profit-taking from early investors. While XRP continues to hold long-term potential, many investors are now looking to capitalize on other emerging opportunities with higher ROI potential.
The price of the flagship cryptocurrency, Bitcoin, has surged by more than 17% over the past month to now stand around $106,000 after hitting a new all-time high above $108,200 earlier today. The cryptocurrency's price performance has drawn in a flurry of large-scale acquisitions.
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On Dec. 17, Ripple announced that the trading of its new dollar-backed stablecoin, Ripple USD (RLUSD), had gone live on multiple exchanges around the world: The stablecoin launched on both the XRP Ledger and Ethereum blockchain, ensuring broad accessibility and interoperability.
Bitcoin continues to reach new lifetime highs but traders are not chasing the uptrend with the same zeal as before. Options data is signaling a more cautious outlook for the short term.
"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry Tuesday as the launch of Ripple's RLUSD sparked an XRP trading frenzy. Plus, the latest on MiCA and Tether's investment in European stablecoin company StablR.
XRP has rallied 10% in 24 hours after RLUSDs launch sparked a wave of bullish sentiment. Analysts suggest this surge could be the start of a bigger rally, projecting XRP may reach $5 by targeting new resistance levels.
Lately, there's been a whirlwind of chat about Bitcoin's consensus tweaks, Core developers, and the Lightning Network. This week, Taproot Wizard Eric Wall made a bold claim: BTC has one last shot to beef up its features beyond just being digital gold, or it might fade into obscurity as a peer-to-peer currency.
A recent BIP has been proposed to change the way units of bitcoin are displayed, but this proposal is not needed.
In this ongoing bull run, XRP, the native token of Ripple Labs, is making waves in the market with its impressive performance and has gained significant attention from crypto whales.
Crypto analyst Tony Severino has drawn a similarity between the current Bitcoin price action and that of the 2017 bull run. Based on these similarities, the analyst raised the possibility of the flagship crypto witnessing an 80% surge from its current level.
Bitcoin has hit an all-time high, soaring past $106,000, marking a significant milestone for the cryptocurrency. With its total market cap surpassing $2 trillion, Bitcoin is gaining traction and drawing increasing interest from both retail and institutional investors.
The regulatory winds have shifted with President-elect Donald Trump and the most pro-crypto Congress ever assembled set to take office.
Sarah Knafo, a French member of the European Parliament, has caught the attention of the Bitcoin (CRYPTO: BTC) community with her appeal to the European Union to reject a central bank digital currency (CBDC) in favor of Bitcoin. What Happened: Knafo called in her speech on Tuesday on the EU to implement a strategic Bitcoin reserve as a decentralized safeguard against inflation and centralized control.
Crypto.com CEO Kris Marszalek has met with US President-elect Donald Trump to discuss the future of the industry ahead of the new administration's entry into the White House. According to a new Bloomberg report, Marszalek and Trump recently met at Mar-a-Lago to discuss the possibility of a national Bitcoin (BTC) reserve, among other things.
A wave of cryptocurrency ETFs is expected to hit the market in 2025, with Litecoin (CRYPTO: LTC) and HBAR (CRYPTO: HBAR) possibly getting approved ahead of Solana (CRYPTO: SOL) and Ripple (CRYPTO: XRP), according to Bloomberg Intelligence ETF analyst Eric Balchunas.
The official X account of Ripple CEO Brad Garlinghouse has now surpassed 1 million followers.
Metaplanet's stock surged 51% after announcing a ¥4.5 billion ($30 million) zero-interest bond issuance to fund further Bitcoin purchases. The post Metaplanet Stock Soars 2,450% YTD on Its Bold Bitcoin Strategy appeared first on Cryptonews.
Bloomberg analysts, including Eric Balchunas and James Seyffart, have predicted that the Litecoin and Hedera ETFs could launch before the Solana and XRP ETFs. These analysts also provided insights into why they hold such beliefs regarding the crypto ETF landscape.
MicroStrategy's Bitcoin strategy boosts stock performance and market visibility as it joins the Nasdaq 100.
XRP has entered a consolidation phase after reaching a multi-year high of $2.90 during the first week of December. The cryptocurrency's price action has left investors uncertain about its next move, fueling speculation about whether XRP will surpass the critical $3 mark or if the cycle top has already been set.
Simon Kim, CEO of Hashed and a leading figure in Korea's blockchain industry, shared his thoughts on the key trends shaping crypto in 2025 and beyond.
Ripple chief technology officer David Schwartz says investors should not hope for gains on stablecoins as his firm prepares to launch its new dollar-pegged crypto asset.
Bitcoin mining is proving to be a vital player in Europe's energy landscape. Traditionally criticized for its high energy consumption, Bitcoin mining is now being integrated into Europe's energy systems to help stabilize grids and reduce waste.
Ripple's RLUSD stablecoin is now listed on global crypto exchanges. It aims to challenge dominant players like Tether's USDT and Circle's USDC.
RLUSD went officially live today on global exchanges, which combines the stability of fiat with the efficiency of blockchain technology. Ripple has described RLUSD as an ‘enterprise-grade stablecoin built on trust, utility, and compliance.' Backed by US dollar deposits, US government bonds, and other cash equivalents, RLUSD will undergo third-party audits to ensure transparency.
Recent price action in the overall crypto market has seen the XRP price reversing into bullish momentum in the past 24 hours. Notably, buying trends and mentions on social media show that the bullish sentiment has never departed from XRP, even during its price rejection at the $2.9 level earlier this month.
Gridless' co-founder Janet Maingi explains how her company's Bitcoin mining work is helping to electrify rural Africa, leading to a better quality of life for those in the communities Gridless touches.
Ripple has launched its stablecoin, RLUSD, which operates on both the Ethereum network and XRP Ledger.
Bitcoin price rallied to a record high of $108,000 on Dec. 17, continuing a bull run that began in 2023. Bitcoin (BTC) has surged by nearly 150% this year, driven by rising demand and decreasing supply growth.
Raoul Pal, macro strategist and founder of Real Vision, discussed his bullish outlook on Bitcoin's (CRYPTO: BTC) current market position, predicting more upside for the apex crypto. In a new ‘The Journey Man' podcast published on Sunday, Pal emphasized Bitcoin's pivotal role in shaping the financial future and its potential for exponential growth.
TL;DR Stacks has successfully launched sBTC on the mainnet, enabling Bitcoin integration into decentralized finance (DeFi). sBTC is fully backed by Bitcoin, ensuring its security and offering new opportunities in decentralized lending and exchanges.
Ripple's stablecoin RLUSD is live on major crypto exchanges, the U.S.-based crypto company has announced. The launch of the Ripple USD (RLUSD) stablecoin follows the official announcement of its highly anticipated unveiling on December 16.
Bitcoin Magazine Pro lead analyst Matt Crosby uses mathematical analysis to predict the next Bitcoin bull cycle peak, forecasting a potential peak price between $256,000 and $310,000 by August 24, 2025.
XRP is buzzing at $2.62, boasting a market cap of $147 billion, a trading volume of $18.35 billion, and an intraday price range from $2.37 to $2.71. XRP The 1-hour chart shows a thrilling spike to $2.72, followed by a dip with lots of trading action. Support is clinging around $2.55 to $2.
"In an age of universal deceit, telling the truth is a revolutionary act." This phrase by Orwell, taken from 1984, resonates strongly in our digital age and illustrates the struggle against censorship.
Mt. Gox transferred $172.5M in Bitcoin amid BTC's record surge, as the defunct exchange continues its complex bankruptcy process.