Amid ongoing market uncertainty, XRP, the native token of Ripple Labs, is poised for a notable price decline following the formation of bearish price action. Besides XRP, the overall cryptocurrency market seems to be struggling to gain momentum and is facing a significant price decline.
KULR Technology has invested $21 million in Bitcoin as part of its strategy to allocate 90% of surplus cash to the cryptocurrency. KULR, a U.S.
Although the price of the popular meme-inspired cryptocurrency, Shiba Inu (SHIB), has lost over 35% in the past two weeks, its misadventures may not end there. The fact is that on the price chart of the Shiba Inu token, a "death cross" is rapidly forming, as the event is called, when a lower-order moving average crosses a higher-order moving average from top to bottom.
In the latest development today, KULR Technology Group, a leader in advanced energy management platforms, has announced that it has completed the purchase of 217.18 Bitcoins. As per its official press release, the purchase was made for approximately $21 million, at an average price of $96,556.53 per BTC.
Bitcoin falls below $96K, dragging down MicroStrategy and Coinbase. Traders brace for volatility as ETF outflows and derivatives expirations pressure prices.
Officials stress safety and liquidity, dismissing Bitcoin's volatility as incompatible with Japan's reserve strategy and current foreign exchange rules.
A prominent cryptocurrency analyst has recently suggested that XRP's price is currently the “most bullish looking chart” after the price of the cryptocurrency lost nearly 20% of its value from its early December high of $2.85. The native token of the XRP Ledger is at the time of writing trading at $2.
Santiment cautious of a breakout rally to $110K as bullish sentiment makes a comeback post-Christmas.
As Bitcoin (BTC) continues to dominate headlines with its impressive rally—up 46% since November's election and 133% year-to-date—investors are increasingly turning their attention to altcoins with high growth potential at a lower price point.
As became known thanks to historical price data from CryptoRank, this year's fourth quarter is officially the best for popular cryptocurrency XRP in the last seven years. With a return of 253.6% in the last three months, this quarter is also the best for XRP this year.
Speaking to Cointelegraph, James Howells shares an update on his ongoing battle with legal and environmental challenges to recover a landfill hard drive containing $773M in lost Bitcoin.
KULR Technology Group, Inc., a company known for its advancements in energy management platforms, has embarked on a bold new financial strategy by announcing the inclusion of Bitcoin (“BTC”) as a primary asset in its treasury program.
Bitcoin has continued to see a lot of noise near the $100,000 level, as the volume would of course be an issue this time of year. The market will be one that continues to find buyers on dips though, so I do favor the upside, but patience will be the
With Bitcoin gaining recognition and adoption worldwide companies aren't just watching anymore. They're jumping in and adding the crypto to their books. Businesses are using Bitcoin as part of their financial strategy. You might think why Bitcoin corporate adoption is rising? Well, they believe it's more than just a currency.
Donald Trump's “Made in USA” Bitcoin pledge is hitting the hard wall of blockchain reality. Back in June, the ‘crypto president' posted on Truth Social that he wanted all remaining Bitcoin to be mined in the United States.
TL;DT Ki Young Ju stated that the current Bitcoin market does not represent a speculative bubble, but rather an upward trend supported by on-chain data. Ju emphasized the prominence of whales in the market, while retail investors gradually withdraw, transforming the dynamics of accumulation and prices.
Jeff Park, the Head of Alpha Strategies at Bitwise Asset Management, stirred debate earlier today (December 26, 2024) with his comment on X about the likelihood of a federal Bitcoin Strategic Reserve in 2025.
Sellers might have seized the initiative, according to CoinStats.
Meme coin prices crashed on Thursday, erasing most of the gains made during the Santa Claus rally on Christmas Eve. Fartcoin (FARTCOIN), one of the top meme coins in the Solana ecosystem, dropped by 16.
Max Keiser, Bitcoin maximalist and former financial journalist, has advised the United States government. The recommendations come from macroeconomic factors and the global financial landscape.
TL;DR Bitcoin ETFs experience historic outflows of more than $1.5 billion in just four days. MicroStrategy and other major companies continue to accumulate Bitcoin despite the drop in investment funds. Bitcoin miners and companies like Tesla maintain their acquisition strategies in a volatile market. The Bitcoin exchange-traded funds (ETFs) approved by the U.S.
OKX Ventures' annual report for 2024 revealed the firm made a total of $100 million in investments throughout 2024 in more than 60 projects, with AI and Bitcoin-related projects taking up the largest portion.
Bitcoin has failed to sustain its rally above the $100K level and has been correcting over the last week. Yet, a bullish continuation can materialize soon.
Bitcoin (CRYPTO: BTC) is trading around $95,500, down 3.4% over the past 24 hours, as on-chain data and whale activity suggest predictions of an imminent bear market lack substantial evidence. What Happened: Ki Young Ju, founder of CryptoQuant, pointed out in a post on X on Dec. 26 that whale accumulation, once market-moving news, has now become a routine phenomenon.
President-elect Trump's promise to ensure all remaining Bitcoin is mined in the U.S. faces significant challenges.
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Ripple's price has been consolidating for the last few weeks and is yet to make a record high. Meanwhile, a bearish reversal does not seem probable at the moment as long as a certain key level holds.
American energy management company KULR Technology Group Inc. (NYSE American: KULR) on Thursday caused a market stir, revealing that it purchased 217.18 BTC for $21 million. The decision to accumulate the crypto amid the recent market volatility comes falling in line with the firm's Bitcoin Treasury strategy launched earlier this month.
Ripple's Upcoming 1 Billion XRP Unlock: Will It Impact the Price? With Ripple performing significantly well on the charts recently, concerns have arisen over its upcoming 1 billion XRPP unlock, which it does every single month to fund its operations. On January 1st, the market will witness 2025's first token unlock event.
TL;DR Ripple is set to unlock over $2 billion worth of XRP on January 1, adding 1.74% to the current circulating supply, as part of its strategy to fund operations and provide liquidity.
Despite a post-holiday setback, Bitcoin's recent dip under $95.2k could mark a potential buying opportunity for market watchers.
This has been a rollercoaster of a year. Between world events, politics, financial markets, and technology advances, it has honestly been hard to keep up with it all.
Like a deserted chest, Binance sees its bitcoins fleeing. But in the shadow of withdrawals, the brilliance of an upcoming bull run is already taking shape.
Bitcoin's surge towards $100K creates a volatile crossroads for traders eyeing key levels.
Ukraine is gearing up to block Russia's use of Bitcoin and other cryptocurrencies in foreign trade, with sanctions already in the works.
TL;DR Shiba Inu has launched SHIB: The Metaverse, an immersive digital world built on Shibarium, aiming to drive higher adoption rates for SHIB and create new interaction opportunities. The platform features a land map supported by Chainlink's CCIP, allowing users to own land as NFTs, explore the virtual world, and generate passive income.
Interest rates were a tailwind to prices for much of 2024, but may have become a headwind.
Bitcoin is rocking at $95,492, with a market cap of $1.89 trillion, a 24-hour trade whirl of $42 billion, and prices swinging between $95,134 and $99,886 today. Bitcoin Bitcoin‘s 1-hour chart showcases a dramatic drop from $99,881 to $95,111, with hefty selling pressure shown by big red candles.
The Shiba Inu price has recorded a significant decline today as the broader crypto market retreated amid investors' holiday mood. However, despite the recent dip, traders remained optimistic about the long-term trajectory of SHIB, indicating strong confidence in the crypto.
The recent US elections have delivered significant financial windfalls for leaders in the crypto space, with some seeing their fortunes soar by billions. A report by CoinDesk reveals that key players such as Coinbase's Brian Armstrong and Ripple's Brad Garlinghouse have experienced massive gains following Trump's victory.
Cryptocurrencies like Bitcoin are not classified as foreign exchange assets in Japan.
KULR Technology Group, Inc. (NYSE American: KULR), an energy management platform, has purchased 217.18 Bitcoin for approximately $21 million. The post NYSE-Listed KULR Tech Acquires $21M in Bitcoin appeared first on Cryptonews.
In a significant shakeup within Japan's cryptocurrency landscape, DMM Bitcoin, once a burgeoning crypto exchange, has announced its closure following a devastating security breach.
It is Dec. 26, the day after Christmas, and to put it mildly, the holiday spirit did not last long — for the cryptocurrency market in particular. As soon as the global holiday came to an end, the price of BTC began to fall, dropping as much as 4% during today's trading session.
XRP is currently navigating a phase of consolidation, with its price hovering around $2.25, down by more than two percent. The market has been relatively calm recently, likely due to the holiday season, and there has been no significant breakout in price.
The market is going crazy with Michael Saylors's Bitcoin strategy in yet another instance of boosting the asset his publicly-traded software company announced that it had added another 5000 plus of the cryptocurrency.
After days of market turbulence, all eyes are on XRP as it faces a key resistance level. According to prominent crypto analyst CrediBULL Crypto, XRP is showing strong potential after profits were secured on an earlier long position. With its bullish setup, there's growing speculation that XRP could hit $2.65 soon.
The XRP network's average number of transactions per ledger has increased noticeably, which is encouraging for its ecosystem. This rise indicates that the network is becoming more active and utilized, which could indicate interest from institutional and retail players.