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news-imageDecember 1, 2024

Crypto Highlights This Week: XRP Sustains Rally, SHIB & BTC Spark Market Buzz

The dynamic world of crypto closes yet another week, primarily with attention-nabbing developments unfolding across the broader sector. Ripple's XRP sustained a price rally, nearing $2 against the backdrop of legal maneuvers in favor of the American blockchain payments company.
Publisher: Coingape
Sentiment: Positive
BTC
SHIB

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Negative
cover-imageCoinPedia
December 26, 2024

XRP Crash Incoming? Price Fails to Hold $2.20 Level

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.

Negative
cover-imageUToday
December 26, 2024

Shiba Inu (SHIB) on Verge of Death Cross: Possible Scenarios

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.

Positive
cover-imageCoinPedia
December 26, 2024

KULR Technology Purchases $21 Million in Bitcoin

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.

Positive
cover-imageCryptoGlobe
December 26, 2024

Prominent Analyst Calls XRP's Chart the ‘Most Bullish' in Crypto

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.

Positive
cover-imageUToday
December 26, 2024

XRP Rockets 253% in Best Q4 Since 2017

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.

Positive
cover-imageCoinPedia
December 26, 2024

Why Bitcoin Corporate Adoption Is Rising?

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.

Positive
cover-imageCrypto Economy
December 26, 2024

Whale Activity Shapes Bitcoin's Future as Retail Steps Aside

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.

Negative
cover-imageCrypto Economy
December 26, 2024

Spot Bitcoin ETFs Record Largest Outflows Amid BTC Price Drop

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.

Negative
cover-imageBenzinga
December 26, 2024

Bitcoin Drops 3% To $95,500: What Is Going On?

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.

Positive
cover-imageCoingape
December 26, 2024

Just-In: KULR Buys $21M In BTC Amid Bitcoin Treasury Launch

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.

Neutral
cover-imageCoinPedia
December 26, 2024

Ripple's Upcoming 1 Billion XRP Unlock: Will It Impact the Price?

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.

Positive
cover-imageCrypto Economy
December 26, 2024

Shiba Inu Launches Metaverse Platform to Drive SHIB Adoption

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.

Neutral
cover-imageCoingape
December 26, 2024

Will Shiba Inu Price Hit $0.00008 In Next 30 Days?

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.

Positive
cover-imageCryptonews
December 26, 2024

NYSE-Listed KULR Tech Acquires $21M in Bitcoin

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.

Positive
cover-imageCoinPedia
December 26, 2024

Top Analyst Says XRP To Outperforms ALL The Crypto

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.

Positive
cover-imageUToday
December 26, 2024

XRP Network Comeback Imminent, Data Shows

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.

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