Jeremy Rubin recently released a proposal to allow specialized oracles to emulate covenants on Bitcoin with no softforks necessary, secured by a BitVM based slashable bond.
Bitcoin's price topped $106,000 on Donald Trump's apparent plans for a bitcoin reserve. The world's most popular cryptocurrency reached that new record Monday (Dec. 16), the latest in a series of milestones in the wake of the pro-crypto president-elect's victory last month.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Massive whale movements totaling $283 million are driving bullish momentum for XRP, with analysts predicting a potential price surge to $7. Ripples RLUSD stablecoin launch on December 17 adds to the growing market buzz.
Ripple stablecoin RLUSD will debut on December 17, 2024, with initial listings on exchanges like Uphold and Bitso.
Ripple had previously revealed that RLUSD will be issued on XRP Ledger (XRPL) and Ethereum blockchains.
At the brink of chaos, RLUSD emerges, a fragile crypto star. Ripple anticipates scarcity and excitement, while traders are betting insane amounts on this still uncertain promise.
Bitcoin has smashed through the $107,000 mark, hitting an all-time high of $107,140 just an hour ago. The surge comes after a historic close of $106,493 last night.
Bitcoin's DeFi TVL has surged by more than six times in less than two months.
Xaman's spike in user activity reflects a renewed interest in the XRPL ecosystem amid the ongoing XRP rally and anticipation of the RLUSD stablecoin launch.
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XRP, the cryptocurrency associated with Ripple Labs, has made a remarkable 8% rebound after briefly slipping below the $2 mark on December 10. This quick recovery has reignited optimism among investors and analysts, who now believe that the bullish rally may still have room to run.
Michael Saylor compared to New York City and its economy on Monday as the cryptocurrency rose to fresh records, calling it "cyber Manhattan."
Ethereum price today trades at as of . The drop comes after ETH hit a daily high of after % move on.
XRP's price has experienced notable activity following a bearish trend in the past 24 hours. During this period, XRP's price fluctuated between an intra-day high of $2.57 and a low of $2.34.
Ripple will launch its US dollar-pegged stablecoin, Ripple USD (RLUSD), on Dec. 17 on the XRP Ledger and Ethereum. According to the Dec. 16 announcement, each RLUSD token will be fully backed by US dollar deposits, government bonds, and cash equivalents.
As Bitcoin (BTC) is back surging above the $100,000 mark and altcoins consolidate above strong support levels, a crypto trader has warned his followers that the market's top is close and urges people to prepare their exit strategy.
Bitcoin Soars Amid Fed Rate Cut Expectations and Trump's Crypto Reserve Plans Bitcoin rallied to a new all-time high on Monday as investors awaited an expected interest rate cut by the Federal Reserve later this week. Also, President-elect Donald Trump indicated plans to create a U.S.
Bitcoin has smashed past another record level with a surge to a new all-time above $107,000. After reclaiming the psychological $100,000 level, Bitcoin (BTC) strengthened further, reaching highs of $107,172 on U.S.-based crypto exchange Coinbase.
Ripple's U.S. dollar stablecoin will become available on the XRP Ledger and Ethereum blockchain starting Tuesday, Dec. 17.
Sustained demand from buyers has pushed Bitcoin to a new all-time high, opening the doors for a rally toward $113,000.
Semler Scientific, a company focused on technology solutions for healthcare providers, announced an update on its Bitcoin holdings. Between December 5 and December 15, 2024, the company acquired an additional 211 Bitcoin (BTC) for $21.
Crypto analyst TradinSides has suggested that it might be time for investors to start closing their XRP long positions. This came as the analyst revealed a bearish pattern, which showed that the XRP price could witness a significant crash.
Bitcoin achieved a new record of $106,498 amid Trumps proposed crypto initiatives. Analysts anticipate a rally to $120,000 by 2025, driven by strategic reserves and whale accumulation.
Ripple is set to launch its USD-backed stablecoin, Ripple USD (CRYPTO: RLUSD), on Tuesday. Following the announcement, Ripple's native coin XRP (CRYPTO: XRP) is up 4% on the day, having surged 130% over the past month.
Trump said on Friday the US would do "something great with crypto," fueling fresh excitement about the prospect for a national bitcoin reserve.
With Rajan and Montgomery on board, Ripple strengthens its leadership in the stablecoin sector
Bitcoin price has hit a record-breaking ATH of $106,803 fueled by Trump's proposal for a U.S. Bitcoin reserve. This has the crypto market sparking with Bitcoin price predictions.
XRP, the cryptocurrency associated with Ripple Labs, has firmly positioned itself as one of the top-performing assets of 2024, with CNBC describing it as the “biggest winner of the Trump trade.” Since Donald Trump's victory in the 2024 U.S.
MicroStrategy, a well-known company for its massive investments in bitcoin, recently made a major new acquisition. Between December 9 and 15, 2024, the company purchased 15,350 bitcoins for a total amount of 1.5 billion dollars.
MicroStrategy has bagged a new 15,350 Bitcoin stash to increase its total holdings to 439,000 BTC.
XRP is on the verge of a major breakout, with key developments and market trends suggesting a potential surge in price. Ripple's new stablecoin, RLUSD, is set to launch for trading on Tuesday (December 17), after receiving approval from the New York State Department of Financial Services (NYDFS) earlier this month.
Ripple has announced the official launch of its RLUSD stablecoin, scheduled for Tuesday, December 17. This move marks a significant step for the blockchain company as it continues to expand its offerings in the digital asset space.
Michael Saylor hints at MicroStrategy's Bitcoin buy over $100K as BTC hits a record $106K.
Bitcoin's price trajectory is currently showing signs of a potential $500K peak in this cycle, a scenario that many crypto enthusiasts have long speculated about. The Bitcoin rainbow chart, a popular tool used to predict the cryptocurrency's long-term price trends, suggests that the leading cryptocurrency might be heading toward a “supercycle.
XRP, the world's third-largest cryptocurrency by market cap, is poised for a notable upside rally as it has formed a bullish price action pattern on its daily time frame and has been attracting significant attention from crypto investors.
Bitcoin has been trading comfortably above the $100k mark ever since its all-time high push on December 16. While in retracement mode, the largest cryptocurrency by market cap has been priming HODLers for another run, this time trying to turn the $106k resistance level into support.
Ripple announces the launch of its RLUSD stablecoin on Tuesday, December 17, 2024, as XRP token rises 8% following the news. The post Ripple's RLUSD stablecoin set to launch Tuesday as XRP token jumps 8% appeared first on Crypto Briefing.
Bitcoin (BTC), the world's leading cryptocurrency, soared to an unprecedented all-time high of $107,140, driven by a confluence of factors reshaping global markets. Bitcoin Smashes Records: $107,140 and Counting This latest price milestone on Monday highlights the growing prominence of digital currencies as mainstream financial assets.
The stablecoin will be backed by USD deposits and US government bonds.
Ripple CTO David Schwartz has outlined how the company's upcoming US dollar-pegged stablecoin, RLUSD, could initially trade at insanely high prices, possibly even $1,200, despite being designed to maintain a 1:1 parity with the US dollar.
As BTC hovers near its new all-time highs, the Bitcoin network hashrate has also seen record-breaking figures. The network's 7-day simple moving average hashrate recorded an all time high of 805 EH/s on December 15th.
Colivas and her con-conspirators not only kidnapped the prince but also stole thousands worth of luxury items from his home. The post Kidnapping Saudi Royal for Bitcoin Ransom: TikTok Star Avoids Jail appeared first on Cryptonews.
MicroStrategy, a business intelligence company and one of the largest corporate holders of Bitcoin (BTC), is continuing to stack BTC despite the cryptocurrency surging to new all-time high prices above $106,000. The post MicroStrategy Acquires 15,350 Bitcoin for $1.5B, Boosting Its Holdings to 439K BTC appeared first on Cryptonews.
MicroStrategy, the Michael Saylor-founded software firm and self-described “Bitcoin Development Company,” announced today that it had acquired even more Bitcoin, spending roughly $1.5 billion in cash.
Michael Saylor, the co-founder and Executive Chairman of MicroStrategy — a publicly-listed firm that holds more BTC in its treasury than any other company— has shared a bullish statement as the premier cryptocurrency recorded its new all-time high price.
The dollar-pegged Ripple USD (RLUSD) will begin trading Tuesday across Ethereum and XRP Ledger, Ripple said Monday.
Ripple has finally announced that the launch of its highly-anticipated stablecoin RLUSD is all set for tomorrow. Fox Business journalist Eleanor Terrett shared that the stablecoin will initially be accessible on Uphold, MoonPay, Archax, and CoinMENA.