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news-imageDecember 19, 2024

Crypto Liquidation Hits $1.1 Billion, Bitcoin, Ethereum, and XRP Nosedive

After an extended selloff streak, the crypto market witnessed one of the most intense liquidations of the past month, with Bitcoin (BTC) leading the losses. According to data from CoinGlass, at least 377 traders have suffered the bloodbath in the market.
Publisher: Coingape
Sentiment: Negative
BTC
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Positive
cover-imageThe Currency Analytics
December 20, 2024

Ethereum Price Prediction 2024-2030: ETH Could Reach $15k

Ethereum (ETH), one of the most dominant cryptocurrencies, has experienced significant volatility over the years but remains a major player in the blockchain space. As we move toward 2024, Ethereum's future outlook is both promising and complex, shaped by ongoing network upgrades, increasing institutional adoption, and its integral role in the decentralized finance (DeFi) ecosystem.

Negative
cover-imageCoinPedia
December 20, 2024

XRP Price Prediction For December 20

Ripple's XRP has drifted to the red zone and is currently down by more than 2 percent. XRP has been trading within a range of approximately $2.20 to $2.70 over the past few days, showing limited movement on the larger time frames.

Positive
cover-imageNewsBTC
December 20, 2024

XRP Price Readies For Record-Breaking Peaks As Bollinger Bands Signal 490% Upswing

As the cryptocurrency market faces a significant price correction—led by Bitcoin (BTC) and Ethereum (ETH), which have retraced 2.2% and 4.6% respectively—the XRP price shows early signs of a potential explosive surge. Currently trading at $2.21, the XRP price has recorded a nearly 5% gain in the past 24 hours, finding strong support just below its current price.

Neutral
cover-imageBitcoinist
December 20, 2024

Fed Can't Hold Bitcoin, No Plans Yet To Change Law, Powell Says

Jerome Powell, chair of the US Federal Reserve, recently dismissed speculations that the Fed may add Bitcoin to its reserves. At the end of the its two-day meeting, Powell stated that the Fed isn't allowed to own Bitcoin and doesn't desire to get involved in any government initiative to create a stockpile of digital assets.

Positive
cover-imageThe Currency Analytics
December 20, 2024

Bitcoin Exchange Reserves Plunge to Record Low: Could $120K Be Next

Bitcoin's recent climb to an all-time high of $108,000 has captivated investors, driven by a combination of dwindling exchange reserves and growing demand. With institutional investors increasingly opting to hold their Bitcoin off exchanges, supply constraints are tightening, setting the stage for potentially even greater price milestones.

Neutral
cover-imageThe Currency Analytics
December 20, 2024

El Salvador Secures $1.4B IMF Loan Amid Bitcoin Strategy Shift

El Salvador has successfully secured a $1.4 billion loan from the International Monetary Fund (IMF), finalizing a deal that had been under negotiation for four years. This loan agreement is part of a 40-month program designed to stabilize the country's economy and improve its fiscal health.

Negative
cover-imageCoingape
December 19, 2024

Bitcoin Price Crash: Will BTC Sell Off Continue Ahead?

Bitcoin's recent price correction has sparked debates among analysts and investors about its potential trajectory. After briefly retesting $99,000, Bitcoin's price momentum has slowed, raising questions about whether this signals the start of a larger sell-off or a temporary pause in its uptrend.

Positive
cover-imageThe Currency Analytics
December 19, 2024

XRP Price Breakout: Path to $5.85 Surge

XRP has recently captured the attention of the cryptocurrency market with a notable surge, reaching above $2.7 briefly after a strong 9% increase. Despite facing a brief rejection at this level, the digital asset has continued to exhibit solid bullish momentum, prompting analysts to forecast further price movement upward.

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