The CEO of financial services conglomerate SBI Holdings has criticized Japan's prime minister (PM) regarding the government's absurd crypto tax rates. Yoshitaka Kitao, a proponent of the XRP ecosystem, said in a recent interview that Shigeru Ishiba is the “only one who is not convinced” about lowering rates to 20%.
The UK Treasury has introduced an amendment to the Financial Services and Markets Act 2000 (FSMA), effective January 31, to exclude crypto staking from being classified as a collective investment scheme.
The beta phase of Raydium includes over 70 trading pairs with leverage reaching 40x. It also introduces zero maker fees and taker fees set at 0.025%.
The price action of XRP is currently consolidating within a narrowing triangle pattern, and it has entered a critical phase. The token, which is currently trading at $2.25, is indicating that it will test its 50 EMA in the next few days; this level may determine the token's short-term trajectory.
Solana (SOL) price has experienced a sharp decline, falling nearly 11% in the past seven days after failing to break the $220 resistance level. Following that rejection, SOL dropped below the critical $200 threshold, reflecting intensified bearish momentum.
Solana (SOL) is facing significant resistance in its attempt to hold above the $200 mark. After briefly rising above this threshold, the price of SOL has dropped below $200, unable to reclaim its previous gains.
Ethereum has seen a sharp 14% drop in less than two days, intensifying concerns across the crypto market during a selloff that began earlier this week. The bearish sentiment has left many investors disheartened, with Ethereum struggling to reclaim higher price levels.
XRP's market structure suggests that the altcoin is gearing up for a run to new all-time highs.
Amid the ongoing market uncertainty, Solana (SOL) appears to be losing bullish support and weakening as the market downturn continues. Whale Transfers $45.7 Million Worth of SOL to Binance On January 10, 2024, the blockchain-based transaction tracker Whale Alert posted on X (formerly Twitter) that a crypto whale transferred a significant 246,064 SOL, worth $45.
American blockchain payments firm Ripple Labs Inc. has transferred 300,000,000 XRP from one of its internal wallets to an anonymous one. Known for related transactions, the market is now left wondering what Ripple is up to with this new move.
Bitstamp has listed RLUSD after it secured final approval from the NYDFS and launched last month on Ethereum and XRP Ledger.
Sol Strategies (ticker HODL) is raising CAD $27.5 million to buy more SOL tokens and invest further in Solana staking infrastructure.
DeFi protocol Derive's Head of Research, Dr. Sean Dawson, has provided a bullish prediction for the Ethereum price. He predicted that the second-largest crypto could rally to as high as $12,000 and explained how the Pectra upgrade could contribute to the parabolic rally.
Ripple president Monica Long thinks additional crypto exchange-traded fund (ETF) approvals will usher in another big year for digital assets in 2025. Long predicts in a new interview with Bloomberg Crypto that “various crypto spot ETFs” will receive a seal of approval in the US this year.
Ethereum price has been on the edge lately with recent Fidelity Digital Assets deposit of $103.55 million worth of ETH into Coinbase speculating sell-off concerns. The transactions, executed through Cumberland, have drawn attention from analysts, with some predicting a new all-time high (ATH) for Ethereum price despite this move.
Bitcoin (BTC) and Ethereum (ETH) are entering a period of usual bullish gains. The question remains whether the two leading assets can extend the positive results of 2024 in Q1 of 2025.
Cryptocurrency markets are trading lower amid looming tensions of reduced expectations of Federal Reserve interest rate cuts and a potential massive BTC sell-off from the U.S. government. Cryptocurrency Price 24-Hour Gains +/- Bitcoin (CRYPTO: BTC) $91,400 -2.7% Ethereum (CRYPTO: ETH) $3,172 -3.2% Solana (CRYPTO: SOL) $182.4 -6.5% XRP (CRYPTO: XRP) $2.28 -1.4% Dogecoin (CRYPTO: DOGE) $0.3181 -6.3% Shiba Inu (CRYPTO: SHIB) $0.00002088 -1% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.6% and daily active addresses remaining relatively flat.
Recent XRP activity has spiked in the last 48 hours, springing up bull signs in the market. On-chain indicators point to surging inflows while other assets pick up the pace.
The cryptocurrency market recently experienced a major shake-up when Bitcoin (BTC) plummeted below the $100,000 mark. This unexpected crash sent shockwaves through the altcoin market, causing significant losses for many cryptocurrencies, including XRP.
The highly anticipated Markets in Crypto-Assets Regulation (MiCA) quietly took effect on December 30, 2024, following nearly four years of development.
Ethereum (ETH) extended its weekly decline on Thursday, slipping back below $3,300 amidst a challenging period for the broader cryptocurrency market. This downturn comes as the market navigates the second week of January 2025, grappling with increased volatility and uncertain sentiment.
Bhutan's Gelephu Mindfulness City experiments with Bitcoin, Ether, and BNB in its reserves.
Ethereum (ETH), the world's second-largest cryptocurrency by market cap, is flashing a sell-off signal, hinting at a notable price decline in the coming days. Over the past three days, sentiment across the cryptocurrency landscape has shifted noticeably toward the bearish side, leading to a substantial price drop.
Binance Exchange is in the spotlight as the trading platform that dominated Bitcoin (BTC) and Ethereum (ETH) outflows in the past year. According to CryptoQuant analyst Crazzyblockk, the trading platform set a new benchmark for exchange activity.
Decentralized exchange Raydium will offer future trading to Solana users, with the feature currently available in beta
A gaming blockchain built over Ethereum (ETH) is joining forces with a crypto conversion service to streamline how traders purchase non-fungible tokens (NFTs) and digital assets.
Phala Network, known for its secure computing on Polkadot, has launched a new Layer 2 rollup on Ethereum.
Grayscale Investments adjusts its fund portfolios, allocating 90% of its Digital Large Cap Fund to Bitcoin and Ethereum. Quarterly rebalancing impacts DeFi and AI funds, introducing Curve and Livepeer while removing Avalanche and Synthetix. Grayscale ETFs continue to face substantial outflows. The post Grayscale Adjusts Fund Holdings, 90% Allocation for BTC and ETH appeared first on Cryptonews.
Raydium launches perpetual futures trading beta with gas-free trading and low fees. Solana DEXs target $650B on-chain derivatives market.
The price of Solana ($SOL) has been dropping sharply in the past 3 days and accumulates a 12% retreat in the past 7 days. A critical date approaches for this layer-one network as applications for multiple Solana spot exchange-traded funds (ETFs) with the United States Securities and Exchange Commission (SEC) are nearing their deadlines.
Is Solana's $SOL on the verge of a major rally and will it overtake Ethereum's $ETH as the token powering Web3's hottest high-functionality smart contract blockchain? With its current market cap of $92.5 billion, Solana needs to 5x to comfortably beat Ethereum, which currently capitalizes $398 billion of the $3.43 trillion crypto market.
Crypto analyst CasiTrades has provided an update on her XRP price prediction, revealing the next crucial targets for the crypto. Other crypto analysts have also given potential price targets for XRP.
Despite the decline in BTC mining output, Bit Digital increased its BTC and ETH holdings through diversification in both assets. Strategic Diversification Key to Bit Digital Crypto Holdings Bit Digital, a bitcoin mining firm produced 32.4 BTC in Dec. 2024, a 27.8% drop from the previous month.
Sol Strategies CEO Leah Wald tells Blockworks she predicts delays in US approval for a Solana ETF while expecting Canada to lead the way. The post Solana ETF approval unlikely in US soon says Sol Strategies CEO appeared first on Crypto Briefing.
A new report shows diverging sentiment across the biggest cryptocurrencies, despite market-wide downturn fears. Santiment, an on-chain analytics platform analyzed the top cryptocurrencies' based on social media trends over the past three months.
The crypto SOL could see a significant increase in 2025, driven by the anticipation of spot ETFs in the United States and the growing interest of retail investors, according to analysts. Despite a recent correction below $200, Solana's fundamentals remain strong.
Solana (SOL) price, one of 2024's top-performing cryptocurrencies, has surged over 100%, showcasing bullish momentum on long-term charts. With rising retail investor interest and speculation surrounding a potential U.S.-based Solana exchange-traded fund (ETF), the cryptocurrency is positioned for further growth in 2025.
"XRP remains the safest asset in all of crypto," one popular analyst suggested.
The XRP price has dipped by 1.5% in the past 24 hours, yet a dinner between Ripple execs and Donald Trump suggests it could recover very strongly soon. The post XRP Eyes Breakout After CEO Garlinghouse Meets Trump – Is $10 Possible? appeared first on Cryptonews.
Cardano stands to solidify its position as a leader in decentralization, challenging the likes of Solana with the nearing Plomin hard fork, transitioning into a fully community-led protocol. The post Cardano ‘Plomin' Hard Fork Nears – Could Cardano Overtake Solana? appeared first on Cryptonews.
Grayscale increases Bitcoin and Ethereum allocations to 90% in its large cap fund during Q4 adjustments, with Cardano replacing Avalanche. The post Grayscale adjusts large cap fund increasing Bitcoin and Ethereum allocations to 90% appeared first on Crypto Briefing.
TL;DR Bio Protocol expands to the Solana blockchain through a collaboration with Wormhole, despite a 64% drop in the price of its token, BIO. The price of BIO has dropped to $0.53, with a loss of over 10% in the last 24 hours, while trading volume has decreased by 15.4%.
With Solana's upgrades looming, is Ethereum prepared to defend its altcoin crown in the coming year?
Ethereum's (CRYPTO: ETH) price decline could be an accumulation opportunity, although traders predict further corrections before a potential rally. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $3,302.04 $397.8 billion -0.1% -4.9% Bitcoin (CRYPTO: BTC) $94,246.74 $1.9 trillion -0.3% -2.9% XRP (CRYPTO: XRP) $2.32 $132.3 billion +1.6% -4.2% Trader Notes: Crypto chart analyst Ali Martinez says a drop to $2,900 could be highly bullish and an "excellent buy-the-dip opportunity" for a potential target of $7,000.
Ethereum's price has dropped sharply this year after encountering substantial resistance at the $4,000 level in December. Ethereum (ETH) has declined by nearly 20% from its December high, coinciding with an ongoing sell-off in Bitcoin and other altcoins.
Ethereum exchange reserves have surged to 8.06M ETH, which is the highest level in a week.
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XRP, the fourth largest cryptocurrency, has flashed its first bearish signal of the year, with a death cross emerging on the cryptocurrency's hourly chart.