CryptoQuant analyst Burak Kesmeci's recent report revealed a significant notable rise in Bitcoin accumulation addresses, which now surpasses 2.9 million BTC. These addresses have steadily increased their holdings without selling despite the market's uncertainty, doubling their Bitcoin reserves in just 10 months.
Vitalik Buterin, co-founder of Ethereum, recently shed light on the challenges posed by the Proof-of-Stake (PoS) mechanism within the Ethereum network. His insights focus on potential centralization risks and propose solutions to ensure the network's long-term security and efficiency.
Brad Garlinghouse, the CEO of Ripple Labs, underscored the significance of engaging with candidates promoting pro-cryptocurrency policies, irrespective of political affiliations. What Happened: Responding to an X post by the co-founder of the company, Chris Larsen, who announced donating $10 million in XRP (CRYPTO: XRP) for Kamala Harris‘ campaign, Garlinghouse said he respected everyone's right to support candidates they liked.
Metaplanet Inc. (Tokyo: 3350), a company focusing on hotel asset management and operations, has announced detailed plans to strengthen its Bitcoin (BTC) strategy through stock sales. Earlier in August, the company's board members approved a plan to sell common stock worth over ¥10 billion, equivalent to around $6.
Bitcoin's back-to-back ‘Super Signals' hint at a massive rally—10,000% gains on the horizon?
Bitcoin price extended gains above the $69,200 resistance zone. BTC is now correcting gains and trading near the $67,500 pivot level.
Crypto funds have reported an impressive $2.2 billion in inflows over the past week. This surge marks the largest weekly increase since July 2024, with Bitcoin leading the charge by attracting $2.13 billion in new investments.
Linea introduces a five-week contest inviting users and builders to showcase their onchain creativity, offering a weekly prize pool of 2.5 ETH.
XRP has finally broken its 3-week consolidation phase and looks poised for a rally.
Tesla and Spacex CEO Elon Musk addressed XRP and cryptocurrency during a town hall in Pittsburgh, acknowledging crypto's potential amid regulatory scrutiny. Musk emphasized that cryptocurrency plays a crucial role in promoting individual freedom and countering centralized control.
XRP briefly revisits $0.56 as US political shifts drive sentiment, while Elon Musk endorses pro-crypto Senate candidate John E. Deaton.
Bitcoin has surged above $69,000, marking a significant milestone after two weeks of impressive gains. Since October 10, the price has increased by over 17%, positioning itself to test the previous all-time highs of around $73,000 set in March.
Leading cryptocurrencies made a sharp U-turn Monday, mirroring the pullback in stocks, as the ‘Uptober' rally takes a halt.
Ripple has moved 200 million XRP tokens worth about $109 million to an unknown wallet. This is notable especially at this time as it happens ahead of the next phase in Ripple's legal case against the U.S. Securities and Exchange Commission (SEC).
Ripple's chief legal officer has highlighted two potential outcomes for the U.S. Securities and Exchange Commission (SEC)'s appeal in the Ripple lawsuit over XRP. He explained the SEC's best-case scenario and noted that Ripple's Fair Notice defense remains solid. The Ripple legal chief also reaffirmed XRP's non-security status despite the appeal.
Following Dogecoin, Shib Inu, Pepe, and Dark MAGA, is Ripple's XRP Musk's new favourite?
The cryptocurrency market is experiencing a remarkable surge, driven largely by substantial inflows into Bitcoin exchange-traded funds (ETFs) that have exceeded $2.1 billion over the weekend. This uptick has not only boosted Bitcoin's price, reaching an impressive $68,738, but has also positively impacted other cryptocurrencies, signaling a transformative moment for the digital asset landscape.
In comparison to its rivals, XRP has been underperforming among the top 10 cryptocurrencies exhibiting the least amount of price movement. The asset has been stuck in a declining range for the past few weeks, unable to break through local resistance levels.
Alan Santana, a crypto analyst on TradingView, has predicted that the Bitcoin price could potentially experience a drastic decline to new lows around $35,720, driven by muted buying volume. The analyst has declared that the current state of the market is bearish, highlighting potential manipulation from whale investors.
Bitcoin (BTC) continues to demonstrate strength, maintaining a trading price above $68,000, despite the common pattern of reduced trading volumes over the weekend. Meanwhile, analysts are turning their attention to potential upward movements for Arbitrum (ARB) and Ethereum (ETH) in the weeks ahead.
Bitcoin (BTC) has recently experienced a surge in buying pressure, but market indicators suggest that a correction could be on the horizon. As the leading cryptocurrency trades around $68,423.71, a sell signal has appeared on its chart, prompting speculation about whether Bitcoin will dip back to $66,000.
Ripple co-founder Chris Larsen said that he has donated another $10 million in XRP to help boost Kamala Harris in the U.S. election.
A recently released HBO documentary used a series of interviews and clues to narrow down the identity of Bitcoin (CRYPTO: BTC) creator Satoshi Nakamoto to one man, someone who happens to deny the claim. Another person who wasn't Satoshi Nakamoto was entrepreneur and industrialist Henry Ford, who founded Ford Motor Co (NYSE:F).
For the first time since September 27, Ethereum has surged past the $2,700 mark and is showing strong signs of maintaining its upward momentum. About ten days ago, ETH dropped below $2,400, sparking speculation that the cryptocurrency might struggle to break out again.
With the SEC's approval of options for spot Bitcoin ETFs, analysts expect another wave of institutional adoption and associated volatility.
A group of BTC miners, including Riot Platforms, Clean Spark, and Mara Holdings, is throwing their weight behind the new Bitcoin Voter PAC, as competition intensifies to influence the outcome of the 2024 election.
Base, the Ethereum L2 network developed by Coinbase, has experienced major growth in Q3 and through 2024. Over the last day, Base's transactions per second (TPS) increased by 51%, as per L2Beat data.
Bitcoin continues to make waves in the cryptocurrency market, miners are at a pivotal point. Recent fluctuations in Bitcoin's hash price, which represents the estimated daily earnings for each petahash per second (PH/s) of mining power, highlight the challenges and opportunities that lie ahead.
Northern Data AG, a German infrastructure company specializing in cryptocurrency and artificial intelligence, announced on Monday that it is exploring a potential sale of its Peak Mining unit to refocus its efforts to allocate funds for expanding its artificial intelligence operations.
Bitcoin is making headlines again as its price recently climbed to $69,055, marking a modest increase of 0.8% amid relatively low market volatility. This resurgence comes after a week of notable trading activity, suggesting that buyers are regaining the momentum that had waned following an earlier rally.
On-chain data shows the XRP network has seen a burst of activity and address creation recently, something that could turn out to be a bullish signal. XRP Active Addresses & Network Growth Have Both Spiked Recently According to data from the on-chain analytics firm Santiment, address-related indicators have spiked for XRP recently.
Bitcoin has experienced a strong upsurge over the past week, but market fundamentals suggest a potential correction.
The entire crypto market is enjoying a strong surge, yet XRP has been lagging, remaining stuck below the crucial $0.55 level since the start of October. Analysts and investors are closely watching for signs of strength and confirmation that XRP is poised for significant gains in this market cycle.
Bitcoin hit roughly $69,400 over the weekend before retreating slightly as wars rage on and the US election approaches.
The Federal Reserve Bank of Minneapolis is recommending that governments tax or ban Bitcoin to prevent the cryptocurrency from destabilizing fiscal policy. With U.S. deficits at record highs, the Fed suggests Bitcoin could make budget management increasingly difficult.
BTCUSD Soars: Will $70K Be Within Reach? Bullish Momentum Builds!
Bitcoin continues to stand out as a leading asset for wealth creation. According to the latest report by Henley & Partners, a staggering 49.6% of all crypto millionaires attribute their success to Bitcoin.
Ripple Labs co-founder Chris Larsen has significantly increased his backing of Democratic presidential nominee Kamala Harris, making headlines with substantial donations over the past month.
In a recent discussion, Solana's co-founder, Anatoly Yakovenko, raised questions about the vitality of the Ethereum ecosystem without the contributions from Base, a Layer 2 solution. This query comes amidst observing the metrics of growth shown by Base, particularly in user activities and transaction volumes.
A widely followed crypto analyst says that Bitcoin (BTC) is gearing up for a new vertical leg as it mirrors past movements of a major stock index.
Bitcoin price approached $70,000 during Asia's morning trade Monday, while a key technical analysis indicator flipped positive on the weekly chart for the first time since April, sending a clear bull signal for the largest cryptocurrency by market cap. CoinDesk Anchor Christine Lee presents the "Chart of the Day.
The Bitcoin (BTC) hashrate, a measure of the total combined computational power used to mine and process transactions on the proof-of-work blockchain, has continued to grow. While this metric is crucial to gauge the adoption and network security level, many still wonder what will keep the BTC hashrate sustainable.
Ripple co-founder and Executive Chairman Chris Larsen said he'd added another $10 million in the Ripple-tied token {{XRP}} in an effort to boost Vice President Kamala Harris as the Democrat faces off against former President Donald Trump in next month's election.
Bitcoin faces a pullback, but altcoins see gains as macroeconomic factors and U.S. election optimism fuel the crypto market.
Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of BDO USA as its new auditor. The company, which is primarily involved in bitcoin (BTC) mining, also revealed that it holds 2,102.29 BTC, valued at $135.3 million as of Sept. 30, 2024.
Ripple co-founder Chris Larsen has made another crypto donation to the campaign of Vice President Kamala Harris. On Oct. 21, Larsen took to X to confirm reports that he had donated $10 million in the XRP cryptocurrency to the Democratic presidential candidate's campaign.
"This case has always felt like Moby Dick (with Gensler starring as Captain Ahab)," Alderoty said.
As the election between Kamala Harris and Donald Trump approaches, more details are coming up about donations from leading figures in the crypto market. People have long noted that this election could greatly impact the market.