As the markets are heading towards the end of the year, the volatility has increased as expected. Meanwhile, these levels favour both the bulls and the bears at frequent intervals, suggesting a particular pattern being formed within the markets.
Solana maintains its position above $210 support while Bitwise launches a new staking ETP offering 6.48% yield, as technical analysts identify potential breakout patterns suggesting further upside potential.
XRP has broken through the $2.70 price level, establishing new support zones while technical indicators and market analysts point to potential further upside movement toward the $3 mark, though some analysts warn of possible retracement.
Solana price faces mounting pressure, with performance trailing behind Bitcoin, Ethereum, and lately XRP. Will 2025 mark a breakthrough to a new ATH for SOL price?
The crypto investment landscape transforms as Bitcoin ETFs accumulate over $123 billion in assets since January approval, while analysts project a strategic expansion of crypto ETFs in 2025, potentially reshaping market dynamics.
XRP consolidates after rallying more than 500% in 2024. When there's a pause after such a massive rally, speculation increases, especially with the Ripple token so close to its ATH.
Solana rose by 67% in just 17 days as the bull rally started on October 10 this year. However, as it hit the peak at $263, it initially took a sideways path followed by a downturn.
Bitwise's new Solana staking ETP, BSOL, enters the European market with competitive rewards and low fees, surpassing rivals.
Bitcoin is shooting for the moon again on the current macro market cycle. But since the start of November, Ripple nearly went parabolic.
Despite the broader market pullback, the Solana price is up 1.74% trading at $217 as asset manager Bitwise launches the Solana staking ETP in Europe with the ticker BSOL. The announcement revived hope among Solana investors who have been waiting on the sidelines for the past few weeks as SOL consolidated around $210.
Ripple's Chief Technology Officer (CTO), David Schwartz, has confirmed that the recent reduction in XRP Ledger (XRPL) account reserve fees is aimed at unlocking more XRP for users, making the platform more accessible. The changes reflect Ripple's continuous efforts to improve the XRP Ledger in response to the growing global adoption of cryptocurrencies.
It looks like the clouds are clearing for Ripple as recent events have given it a boost, possibly changing the course of its legal battle. Trump's promise to fire SEC Chair Gary Gensler on day one seems to be coming true, as Gensler announced his resignation on January 20, the same day Trump is inaugurated.
Bloomberg analysts Eric Balchunas and James Seyffart predict a significant surge in cryptocurrency exchange-traded funds (ETFs) in 2025.
XRP surged 13% in the past 24 hours, trading at $2.69, with a weekly increase of 21%.
XRP has been on an upward trajectory, showing a steady increase in price and momentum. Currently trading at $2.51, the popular altcoin has been building bullish momentum over the past few days, up 4.21% since December 15.
Great news for the crypto industry: SEC Commissioner Caroline Crenshaw will not be renominated. According to Fox Business' Eleanor Terrett, a Senate aide confirmed that the Senate Banking Committee's scheduled vote on her nomination has been canceled.
XRP price started a fresh increase above the $2.50 zone. The price is now consolidating gains and might soon aim for a move above the $2.62 resistance.
Empower Oversight is calling on Congress to release an SEC inspector general report on former chairman Jay Clayton's actions. A nonprofit focused on government accountability, they questioned Hinman, who served as the SEC's Division of Corporation Finance director from 2017 to 2020.
Ripple's XRP rallied beyond $2.71 on December 17 after the launch of the much-awaited RLUSD stablecoin. However, XRP has hit reverse after touching $2.71 and is now trading at $2.55 level. XRP has strong support near the $2.40 levels and currently, the market is moving in the right direction and may rise slightly higher.
The on-chain analytics firm Glassnode has revealed the reason why Solana (SOL) has recently been lagging behind Bitcoin (BTC) and Ethereum (ETH). Solana Realized Cap Growth Has Slowed Down Recently In a new post on X, Glassnode has discussed about how the recent performance of Solana has stacked up against the two largest coins in the sector.
Ripple's RLUSD stablecoin launch drives XRP demand amid SEC scrutiny. Will the Crenshaw vote further boost XRP's price?
According to Messari's most recent analysis, Solana (SOL) is primed for explosive expansion in 2025, fueled by major funding, technological improvements, and growing institutional interest. Related Reading: The $589 XRP Dream: Believers Aren't ‘Delusional' Enough, Expert Says The study indicates that in the third quarter of 2024 Solana's ecosystem funding reached $173 million, the highest level since mid-2022.
Bitwise is launching a Solana staking ETP in the European Union. The firm's efforts to secure a Solana ETF in the US have stalled recently, prompting this switch in tactics.
XRP, the cryptocurrency developed by Ripple for fast and low-cost payments, has been under the radar of many traders and analysts recently. Now, one seasoned crypto strategist believes that XRP could be on the brink of an extraordinary surge, potentially increasing by 719%.
The cryptocurrency market has been experiencing a phase of consolidation following Bitcoin's recent surge, and altcoins like Litecoin (LTC) and XRP are mirroring this trend. Both tokens have been caught in long-term symmetrical triangle patterns, signaling potential breakouts.
Solana (SOL) has been holding steady above a crucial demand level near $210, a key area that could ignite a massive bull run. After reaching an all-time high (ATH) on November 22, Solana has experienced a 23% retracement, testing investor confidence.
Bloomberg analysts forecast a wave of crypto ETFs, featuring XRP and Solana, in 2025 amid SEC changes and market shifts. The post Bloomberg analysts predict wave of crypto ETFs in 2025, targeting XRP, Solana, and HBAR appeared first on Crypto Briefing.
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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?
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.
Bloomberg analysts Eric Balchunas and James Seyffart have predicted a surge in cryptocurrency exchange-traded funds in 2025.
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.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Mike Belshe of BitGo explains what the distribution of payments from FTX's bankruptcy will mean for the crypto market.
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.
"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.
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.
The regulatory winds have shifted with President-elect Donald Trump and the most pro-crypto Congress ever assembled set to take office.
The crypto market is going through a period of strong turbulence, where price fluctuations are testing investors' confidence. Indeed, at the heart of this uncertain dynamic, Solana (SOL) stands out as one of the most watched assets.
Solana fights bearish headwinds, but a historical chart pattern points to a possible rally to $300 in the near future.
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.
Solana and Ethereum have competed for dominance throughout Q4 2024. Ethereum secured over $850 million in institutional capital inflow to ETFs, while Solana attracted over $300 million in cross-chain inflows within the past week.
In a latest development, The Pudgy Penguins NFT project released its native token, PENGU, on the Solana blockchain and allowed NFT holders to claim tokens via an airdrop. Holders of Pudgy Penguins, Lil Pudgys, Rogs, and soulbound tokens (SBTs) were eligible to participate in the airdrop, which went live at 8:00 a.m. ET.
The Pudgy Penguins token PENGU is live on Solana, with $1.5 billion worth of tokens offered to NFT holders, traders, and beyond.