Ethereum gaming platform Nifty Island is launching its ISLAND token. Here's what you need to know about the airdrop, tokenomics, and more.

The proposal to buy back tokens with protocol revenues is intended as a new value accrual mechanism for tokenholders.

World's largest corporations are exploring a new avenue for securing their wealth: Bitcoin (BTC). As traditional markets fluctuate and the value of fiat currencies remains unpredictable, major firms such as MicroStrategy, Tesla, and Tether Holdings are increasingly turning to Bitcoin to diversify their corporate treasuries.

Bitcoin hit a new all-time high of $107,822 according to Coingecko data on Monday, as bullish hopes are fueled by President-elect Donald Trump reportedly contemplating an executive order to establish a Strategic Bitcoin Reserve. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $106,240.24 +3% Ethereum (CRYPTO: ETH) $4,052.99 +4% Solana (CRYPTO: SOL) $217.53 -1.5% XRP (CRYPTO: XRP) $2.48 +2.8% Dogecoin (CRYPTO: DOGE) $0.4049 +0.8% Shiba Inu (CRYPTO: SHIB) $0.00002744 -0.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 2.9% and daily active addresses falling by 0.4%.

Bitget received a Bitcoin Service Provider (BSP) License in El Salvador, allowing it to offer various services to clients in the country. This is part of Bitget's broader strategy to win acceptance in several new markets.

U.S. spot ETFs for bitcoin and ethereum maintained consecutive weekly inflows with $2.17 billion and $855 million each. Bitcoin and Ethereum ETFs Hit Significant Weekly Inflows Bitcoin and ethereum exchange-traded funds (ETFs) hit significant weekly numbers, as both ETFs maintained their inflow streaks. Metrics from sosovalue show that U.S.

Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.

BTC Yield surged to 92.8%, reflecting Semler's effective strategy of leveraging equity funding to rapidly expand bitcoin holdings.

The asset manager published price projections for leading crypto assets and other speculations that could propel the crypto market to new frontiers in the coming year.

Unlike other stablecoins, Ripple promises monthly attestations of RLUSD's reserve to is improve transparency within the crypto market.

Bitcoin's latest price surge has catapulted its enigmatic creator, Satoshi Nakamoto, to new heights on the global wealth rankings. With Bitcoin continuing to break new records, Nakamoto's net worth has reached an estimated $106 billion, making him the 16th richest person in the world.

Cryptocurrency investment products saw over $3.2 billion inflows over the past week, making the tenth consecutive weekly inflows these products have seen and bringing their total to now top $44.5 billion. Bitcoin investment products led the market, with investors moving $2 billion to these funds.

Bitcoin hits record above $106K, fueled by Trump's US Bitcoin reserve plans and MicroStrategy's continued acquisitions, driving market momentum.

El Salvador has authorized Bitget to provide Bitcoin services in the country. The exchange is now seeking further approval to support more tokens.

According to DonAlt, who presciently predicted XRP's massive rally in November, believes that the price of the XRP token might double if it manages to break out of its current range.

Bitcoin spiked to yet another new record on Monday, nearing the $108,000 mark, while Ethereum rose to a price not seen since 2021.

Optimism regarding a potential strategic reserve fund proposed by President-elect Donald Trump has propelled Bitcoin to surpass $106,000 for the first time.

Ethereum (CRYPTO: ETH) has surged past the $4,000 milestone again, fueled by widespread market optimism and unprecedented inflows into ETH-focused ETFs. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $4,065.94 $489.6 billion +4.2% +6.5% Bitcoin (CRYPTO: BTC) $106,464.31 $2.1 trillion +3.1% +9.4% XRP (CRYPTO: XRP) $2.47 $141.8 billion +2.1% +3% Trader Notes: With prices trading around 5% higher on Monday, crypto trader DonAlt tweeted, $ETH 👀 pic.twitter.com/eanzXmw007 — DonAlt (@CryptoDonAlt) December 16, 2024 SmileyCapital shared with his followers that now is an opportune moment to buy ETH, suggesting $4,000 might be "the cheapest ETH you'll see for a very long time.

Bitcoin prints a new all-time high above $107,700, while several analysts call for much higher prices in the short term.

The Matrixport report predicts that Ethereum could restore its dominance in 2025. ETH dominance fell from around 18% to 12% this year.

Bitcoin (BTC) is starting the week at another all-time high as optimism around the incoming new presidential administration builds. At time of writing, BTC is trading above $107,000, up nearly 10% in the last week and over 150% year-to-date.

Ethereum relatively sluggish price performance compared to Bitcoin's continuous rise appears to have captured the attention of crypto analysts. While Bitcoin has created a new peak above $106,000 earlier today, Ethereum's price still sits below $4,000 with a current trading price of $3,943, marking a modest 1.4% increase over the past 24 hours.

Bitcoin and Nvidia lead market performance in 2024, driven by unique growth factors and risks.

On average, one bitcoin was worth $101,890, bringing the total to almost $21.5 million. The business owns 2,084 BTC for around $168.6 million, or $80,916 per Bitcoin.

Accelerating ETF inflows, dwindling exchange supply, and potential U.S. strategic reserves are setting the stage for unprecedented Bitcoin scarcity—making even a $1 million price target suddenly plausible.

This gives the corporate bitcoin holder exposure to billions of dollars in passive flows into the 13 ETFs that track the Nasdaq 100.

The Ethereum market has been relatively calm recently, with its price oscillating within a narrow trading range. This is in line with the broader cryptocurrency market, which has been experiencing a consolidation phase.

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 jumped to a fresh high above $107,000 on Monday as crypto bulls were left giddy with excitement after President-elect Donald Trump floated the possibility of setting up a US strategic BTC reserve. The world's biggest cryptocurrency hit a record peak of $107,039 and was last trading 3.64% higher at $106,984 at the time of

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.

Riot Platforms has acquired a monumental 667 Bitcoin while the leading cryptocurrency broke above $107,000 for the first time in history.

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.