Liquidity flowing into spot Bitcoin ETFs surpassed $1b this week; Will there be a new all-time high for the top cryptocurrency over the next three months?
On-chain data shows that Ethereum transaction fees have been rising again recently. Here's what could be behind this trend.
Bitcoin and crypto prices have surged this week, climbing as traders brace for a major earthquake.
After trading sidewise for a long period, Ripple's XRP has surged to $0.62 and holding steady, supported by positive sentiment in the crypto market as Bitcoin price surge to $66,000 for the first time in five weeks. Prominent crypto trader Captain Faibik has predicted a potential 299.4% rally, with XRP possibly reaching $2.
Solana (SOL) has garnered significant attention in the cryptocurrency space, with analysts projecting substantial price growth in the coming months. According to market experts, Solana could potentially reach half of Ethereum's market cap, which would push SOL's price to $330, more than doubling its current value.
Here's why this crypto VC founder believes this might be last important BTC halving.
After trading sidewise for a long period, Ripple's XRP has surged to $0.62 and holding steady, supported by positive sentiment in the crypto market as Bitcoin price surge to $66,000 for the first time in five weeks. Prominent crypto trader Captain Faibik has predicted a potential 299.4% rally, with XRP possibly reaching $2.
In a recent interview, Ripple president Monica Long discussed the conclusion of the SEC lawsuit against Ripple Labs, the upcoming launch of the RLUSD stablecoin, and the company's strategy for the XRP Ledger (XRPL).
Arthur Hayes, co-founder of BitMEX, highlighted the contrast between the vibrant crypto community and traditional finance while predicting a "volatility supercycle" in his latest essay. What Happened: Hayes admitted that his short-term predictions are often inaccurate, but the overarching thesis of central bank intervention remains valid.
The S&P 500 index currently looks bullish. At present, it stands at 5,738.16. Since its mid-March peak of 5,253.63, the market has achieved at least 9.22% growth. Miles Deutsher, a crypto expert, conducted a comparative analysis between the S&P 500 market and the Bitcoin market. Some of the insights from his analysis are truly astounding.
BlackRock's recent endorsement of Bitcoin highlights the cryptocurrency's potential to grow for years to come.
In a groundbreaking move, Ripple minted 350,000 RLUSD stablecoins within 24 hours. The mint was done in two transactions of 300,000 RLUSD and 50,000 RLUSD as reported by Ripple stablecoin tracker, an XRPL community X account dedicated to tracking the minting and redemption of Ripple's RLUSD.
Vitalik Buterin addresses the need for clearer alignment in the Ethereum ecosystem, emphasizing decentralization, cooperation, and open standards.
A closely followed crypto strategist and trader says one enterprise solutions project may have more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 222,700 followers on the social media platform X that Zilliqa (ZIL) may continue its breakout on the weekly chart.
The sustained consolidation of XRP below $0.60 has drawn a fair share of criticisms, with select market players questioning the token's long-term sustainability. However, a crypto trading expert views this as insignificant, noting that XRP's long-term prospects remain intact.
The last time the correlation between the asset classes was this high was during the 2022 correction.
Israeli military on Saturday claims it has killed Hezbollah leader Hassan Nasrallah in an airstrike, raising geopolitical tensions in the global markets. Bitcoin price has slipped nearly 1% to $65.6K in the last few hours, risking further retracement to low support levels.
Cryptocurrency analyst Leon Waidmann, Onchain Foundation's Head of Research, tracked the liquidity dynamics in Bitcoin- and Ethereum-based investment products of Grayscale since the moment of conversion to spot ETFs. So far, Ethereum (ETH) demonstrates better potential.
Two Ethereum (ETH) whales have recently garnered attention for their impressive trading strategies that have netted them millions in profit. By strategically buying during dips and selling during rallies, these savvy investors have effectively capitalized on Ethereum's price fluctuations.
While cryptocurrencies reflected increased optimism, with analysts forecasting historical surges in the coming month, new developments regarding the Ripple vs. SEC battle cast a shadow of uncertainty within the XRP community.
Bitcoin has shown bullish momentum during the past day, but an analyst has pointed out how the asset may be in a high-risk zone now due to the Open Interest trend. Bitcoin Open Interest Has Seen A Rapid Increase Recently As explained by CryptoQuant community manager Maartunn in a new post on X, the Bitcoin Open Interest has just surged to high levels.
XRP Ledger (XRPL) is undergoing many advancements. In the latest update, the protocol has shipped two major amendments with unique fixes and is expecting the launch of Ripple stablecoin RLUSD.
The crypto markets are consolidating! The Bitcoin price that surged above $66,000 is currently trading around $65,500. This move has instigated strong bullish momentum as the XRP price, which failed to breach above $0.6, is about to validate a move above the range.
One of the top NBA players in the past, Scottie Pippen, continues to attract ridicule by posting about Satoshi Nakamoto talking to him in his dream and passing secret knowledge about future Bitcoin price moves.
Onchain activity indicates Ripple is intensifying activities related to its RLUSD stablecoin development on Ethereum and XRP networks. Data from the Ethereum blockchain tracker revealed Ripple recently minted 300,000 RLUSD in line with the stablecoin's recent testing.
U.S.-listed spot Bitcoin ETFs finish the week strong, pulling a combined $1.1. billion amid renewed institutional interest in BTC.
In a recent interview with Fox Business, Howard Lutnick, the CEO of Cantor Fitzgerald, strongly criticized Bitcoin skeptics and made a bold statement in favor of BTC. His statement has triggered discussions across social media platforms. Many have come forward to openly support the views of Lutnick. Let's analyze his statement and its possible impact.
Institutional players like Cumberland and ParaFi Capital moved millions in ETH. U.S. spot Ethereum ETFs saw a combined net inflow of $58.7M on Sep 27.
Bitcoin has recovered, hitting an intraday peak of $66,376, up 1.29% today and 5% over the past week. Bitcoin's price surge comes after the release of the US PCE report and the Federal Reserve's decision to lower interest rates.
Ripple (XRP) is holding steady at nearly $0.6100, bolstered by positive sentiment in the crypto market and Bitcoin's surge to $66,000. Analysts predict a potential rally for XRP, with some targeting a long-term increase to $31.
10x Research founder Markus Thielen has predicted that the Bitcoin price would reclaim $70,000 in the next two weeks and break above its current all-time high (ATH) of $73,000 by late October. He also alluded to the surge in stablecoin liquidity and China's recent monetary easing policy as what could fuel this crypto rally.
Bitcoin has been navigating a prolonged accumulation phase since it reached its peak in mid-March. Initially dominated by institutional and long-term investors, this trend is now witnessing a significant shift as retail investors step in to bolster Bitcoin's prospects.
As Bitcoin broke the $65,000 barrier, altcoins like SHIB, W, and SEI rallied, fuelled by bullish market sentiment.
Bitcoin (BTC) saw a brief pullback but continued its upward momentum, holding steady at around $65,500. This positive trend coincided with the early release of Binance founder Changpeng Zhao (CZ) from California's Lompoc II detention center.
XRP Price is currently trading at around $0.59. It has experienced minimal price movement in the past week, with less than a 1% gain over that period. Despite this sluggish performance, many market observers remain hopeful for an upcoming rally, particularly as the broader cryptocurrency market shows signs of life.
The recent developments regarding a potential appeal in the Ripple vs SEC case revealed that the agency looks to appeal Judge Torres' summary judgment on XRP. Pro-XRP lawyer John Deaton and other lawyers looked at the chances of the SEC winning the appeal on XRP programmatic sales.
In a significant turn of events during the ongoing bankruptcy proceedings of Genesis Trading, a creditor has sold 12,100 Ethereum (ETH), valued at approximately $31.43 million, in just the last three days. This move has sent ripples through the cryptocurrency market, causing heightened volatility in Ethereum's price and raising alarm among traders and investors alike.
A divergence in fundamentals has allowed ETH to maintain steady gains.
BlackRock remains steady with its Bitcoin accumulation appetite, growing its portfolio to 363,626 BTC as of Friday, September 27. The asset manager has been bullish on crypto for nearly a decade and does not show signs of stopping.
The pseudonymous social media marketing lead of the SHIB team known to the community as Lucie has boasted another milestone reached by Shiba Inu. This time, it was featured by fund management giant Grayscale in its weekly report.
With only 8 days left for the SEC to appeal against court ruling regarding the Ripple case, community heart beat is rising. People are divided into two segments. One who thinks the SEC will not file the appeal while the other believes the SEC will apply it at the last moment to extend the time.
The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has generated significant attention in the cryptocurrency world. Recently, there has been speculation about whether the SEC will appeal a pivotal ruling from July 2023, which stated that secondary sales of Ripple's XRP token do not qualify as securities.
Crypto analyst Tony Edward has resisted the criticisms of XRP while suggesting that the crypto will soon enjoy a parabolic rally. The analyst also posted a video on his YouTube channel that provided insights into how high the coin could rise when its bull run begins.
Markus Thielen, Head of Research at 10x Research, disclosed that the September rate cuts by the Federal Reserve and China's stimulus have stimulated a new ‘FOMO' wave in the crypto industry. He noted that Bitcoin had surged 5%, Ethereum had risen 11%, and altcoins like SHIB, ENA, and SEI gained 36%, 51%, and 54%, respectively, since the rate cuts.
Michael Saylor, Bitcoin permabull and the co-founder of MicroStrategy juggernaut which stacks BTC, has published a tweet to highlight Bitcoin's high performance which has massively surpassed that of leading assets in conventional financial markets.
SHIB has been skyrocketing lately, adding 42% of value in a week.
Bitcoin is showing signs of hope after being stuck in a cycle of lower highs and lows. Recently, it surged above $66,000 for the first time in five weeks, hitting $66,397! With the Crypto Fear and Greed Index now at 64, we're officially in the “greed” zone.