Increased user interest in bitcoin during the Chinese New Year celebration could spark another significant price increase for BTC, based on historical data.
TL;DR XRP experienced a 246% growth in its market capitalization in the fourth quarter of 2024, reaching a value of $3.16 per unit. Ripple launched RLUSD, a stablecoin backed by US dollar deposits, with monthly audits, already adopted by platforms like Uphold, Bitso, and MoonPay.
Shiba Inu (SHIB) and Ethereum (ETH) have been recovering on their price charts. However, market analysts like InvestingHaven and Ted have made bullish price predictions for these top altcoins. Meanwhile, DTX Exchange (DTX) is pulling through as a new star in the crypto space.
The U.S. government shouldn't stockpile anything but bitcoin.
The US Securities and Exchange Commission (SEC) announced on Thursday, January 23, the rescission of Staff Accounting Bulletin (SAB) No. 121, a directive that had imposed stringent accounting requirements on crypto custody for US banks and financial institutions.
Ethereum is experiencing massive pressure as market indicators signal short term recovery.
MetaMask is making a multi-chain push, expanding beyond Ethereum as users increasingly explore a broader range of crypto ecosystems.
Latin America's Bitcoin ATM ecosystem reveals striking contrasts in cryptocurrency adoption across the region. El Salvador stands out as the undisputed leader, dominating the landscape with the highest number of Bitcoin ATMs. LATAM leader in Bitcoin ATMs According to Coin ATM Radar, El Salvador has 215 Bitcoin ATMs, far surpassing its regional competitors.
XRP has been at the forefront of discussions within the cryptocurrency market, largely due to the ongoing Ripple vs. SEC lawsuit and significant whale movements.
As the new Trump administration takes the reins in Washington, global banking giants have expressed optimism about expanding their crypto businesses.
Bitcoin ETF accelerated their pace of inflows on bullish expectations and US-based demand. Crypto ETF are becoming more competitive against more traditional investments.
Solana's demand has surged even more than it already is when Donald's Trump TRUMP launched on the chain and rumors of plans to open a SOL-based strategic reserve started circling around. Already up by 10% already, the word on the crypto space is that it can potentially climb higher.
TL;DR Blockchain activity for retail transactions dropped by 19.34%, even as Bitcoin remains above $100,000 and near its all-time high. Interest in cryptocurrencies has grown compared to last year but focuses on isolated events that trigger activity spikes.
Having reclaimed the psychological price of $100,000, Bitcoin has got the crypto community talking about its inclination toward smashing its present all-time high (ATH) of $109,114.
MicroStrategy plans to redeem $1.05B in notes amid Bitcoin tax rule concerns, due to CAMT's impact on unrealized Bitcoin gains. The post MicroStrategy to redeem $1.05B in convertible notes amid concerns over Bitcoin tax rules appeared first on Crypto Briefing.
Bitcoin has recently been trading inside a historically narrow 60-day price range. Here's what usually follows such periods of compressed volatility.
With Solana recently hitting an all-time high (ATH) of $293.31, bulls have been in overdrive mode in the SOL network.
A Solana (SOL) investor has accrued significant losses almost amounting to $900,000, after making a series of bad trades and swaps on several tokens. As reported by crypto transactions tracker Lookonchain, the trader's only profitable move garnered a mere $231.
The Bitcoin community is angry with Ripple for endorsing a multi-asset strategic reserve in the United States instead of a Bitcoin-only reserve. Bitcoiners are accusing the San Francisco-based blockchain payments startup of being the “biggest obstacle” to a national U.S. Bitcoin due to it actively pushing for the inclusion of several coins, including XRP.
One popular analyst believes XRP could rise to $10 during this bull cycle.
With $47B in Bitcoin holdings, MicroStrategy could face billions in federal taxes under U.S. rules taxing unrealized gains. As the IRS evaluates relief options, the firm's negotiations may influence how cryptocurrency is treated in corporate tax frameworks, setting critical precedents for the industry. The post MicroStrategy Faces Potential Tax Burden on Unrealized Bitcoin Gains: Report appeared first on Cryptonews.
Ethereum (CRYPTO: ETH) is rallying amid a combination of improved scalability developments, accumulation by wallets connected to the Trump family and growing optimism among traders. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $3,390.73 $408.6 billion +3.6% -1.5% Bitcoin (CRYPTO: BTC) $106,031.95 $2.1 trillion +0.3% +1.2% XRP (CRYPTO: XRP) $3.16 $181.9 billion +0.09% -2.8% Trader Notes: Trader Cold Blooded Shiller predicts Ethereum will hit $5,000 by March, noting the altcoin is breaking into new territory after months of consolidation.
Bitcoin's price experienced a slight dip following its recent all-time high (ATH) of $110,000, with its current trading value hovering around $102,674. After a drop of about 7.3% from the peak, many crypto enthusiasts are now eyeing key levels that could present an excellent opportunity to buy Bitcoin before the price potentially surges again, heading toward a new ATH of $120,000.
Bitcoin is holding firm above $100,000, indicating that every minor dip is being purchased in anticipation of new all-time highs.
MicroStrategy, known for its extensive Bitcoin holdings, faces a potential billion-dollar tax liability due to unrealized gains under the new CAMT. Could this force the company to sell its Bitcoin?
The XRP price is in the spotlight again, as a crypto analyst has shared his short—to long-term prediction for the third-largest altcoin. While the asset has experienced a series of bullish events that have driven its price to its current level, the analyst strongly believes that the cryptocurrency can jump even higher to reach $20.
A decentralized, censorship-resistant blockchain supporting global applications. Developers, wallet providers, and community efforts are key to Ethereum's growth.
Ethereum price has been under pressure in recent days and has underperformed peers like Solana and XRP. We discuss the odds of its upside.
Ripple has asked for an extension until April 16 to file its next brief in its high-profile battle with the U.S. Securities and Exchange Commission (SEC), according to a letter written on Jan. 23.
Ethereum is witnessing heightened buying activity near the 100-day moving average at $3.2K, fueling optimism for a bullish breakout. The asset appears poised to challenge the critical $3.5K resistance zone, a decisive level that could dictate its mid-term trajectory.
A bearish "death cross" signal has recently appeared on XRP's hourly charts, raising concerns about the cryptocurrency's short-term price trajectory.
Coinbase (NASDAQ:COIN) co-founder and CEO Brian Armstrong said Bitcoin (CRYPTO: BTC) is “a better form of money,” advocating for its inclusion in government reserves. What Happened: Armstrong on Thursday on X argued that Bitcoin's ~$2 trillion market cap—roughly 11% of gold's ~$18 trillion market cap—positions it as a superior form of money due to decentralization, scarcity, divisibility, portability and improved fungibility compared to gold.
Vitalik Buterin, co-founder of ETH, recently shared his vision for the future of the Ethereum blockchain in 2025, emphasizing the importance of layer 2 (L2) solutions and strengthening the role of Ether in the ecosystem. Additionally, he unveiled an unprecedented technique that will enable Ethereum to achieve 100,000 crypto transactions per second!
BlackRock now holds an unheard of 60 billion worth of Bitcoin (BTC) across its iShares Bitcoin Trust (IBIT), with 574,118.84380 BTC recorded on the ETF's balance sheet. Recent data from Farside Investors shows that Bitcoin ETFs have recently received a total of 188.7 million, with BlackRock alone getting $154.6 million — 81% of net inflows.
Semler Scientific Inc (NASDAQ:SMLR), a medical technology company, has announced a significant move into the cryptocurrency space with its latest convertible notes offering and plans to acquire Bitcoin (CRYPTO: BTC). What Happened: On Jan. 24, Semler Scientific priced an upsized offering of $85 million in 4.25% convertible senior notes due 2030, according to the company's press release.
Central Banker v Brian Armstrong go head to head on why hold bitcoin in reserves at Davos earlier this week.
Buyers are again more powerful than bears today, according to CoinStats.
Justin Sun, a crypto billionaire and the founder of the Tron blockchain platform, has published a tweet to offer crucial advice to Ethereum co-founder Buterin as he published a paper describing Ethereum Layer-1 and Layer-2 scaling as he sees it happening this year.
Retail on-chain activity fell 19% as Bitcoin trades above $105K, according to CryptoQuant data, signaling low retail interest. The post Retail on-chain activity drops 19% despite Bitcoin's strength above $100K appeared first on Crypto Briefing.
Institutional interest in Ethereum (ETH), the second cryptocurrency by market cap, may be heating up again, according to a recent tweet by on-chain analytics platform Spot On Chain.
The crypto president has signed several executive orders that support crypto, which has helped the altcoin market recover strongly. As a result, the price of SOL has bounced from the important $240 support level, and key on-chain metrics have improved.
UTXO Management's acquisition of HK Asia Holdings Limited aims to position the company as a force in Hong Kong's dynamic financial ecosystem.
TL;DR $3.19 billion in BTC options and $574.8 million in ETH options expire today, impacting short-term trends. The maximum pressure points for BTC and ETH are $100,000 and $3,300, respectively, with current prices slightly above these levels. Regulatory initiatives and the U.S. digital asset reserve plan add bullish fundamentals to the market outlook.
U.S. spot bitcoin exchange-traded funds have started the year on a strong note, according to Bloomberg senior ETF analyst Eric Balchunas.
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The Bitcoin community is voicing strong criticism against Ripple after it advocated for a diversified crypto reserve, which includes assets beyond Bitcoin.
MicroStrategy may face federal income tax obligations on its significant unrealized gains, which currently exceed $19.3 billion.
SOL is consolidating within a symmetrical triangle after a strong impulsive rally. A breakout above $264.87 could target $316.25, while a breakdown risks deeper retracements to $216.90 or lower levels.