Bitcoin's price shows some worrying signs suggesting that a deeper correction is bound to occur, as the price has failed to hold the $100K level.
Wallets holding Bitcoin are now declining in number, while those that hold the meme-based Dogecoin appear to be increasing in number.
This weekend, data confirms that more than 4.5 million ether (ETH) have been burned on the Ethereum network since Aug. 5, 2021, marking the implementation of Ethereum Improvement Proposal (EIP)-1559. The Great Ethereum Burn Approximately three years and four months have passed since the London hard fork was activated, and during that time, 4,523,479.
Dogecoin (DOGE), the world's largest meme coin, has gained remarkable attention from crypto enthusiasts amid the recent market dip. On December 21, 2024, a prominent crypto expert posted on X (formerly Twitter) that crypto whales have accumulated a significant 250 million DOGE in the past few days.
The crypto market today has been stabilizing after a slump over the past 2 days. The renewed hope has led to the market cap rising by 2.48% to reach $3.37 trillion. While the intraday trading volumes dipped notably by 42.36% to $207.
As the debate about how to manage the U.S. national debt gains momentum, key players in the crypto sector are increasingly discussing the potential role of Bitcoin in offsetting the nation's $36 trillion debt.
Robert Kiyosaki, the author of the personal finance book ‘Rich Dad Poor Dad,' has expressed gratitude to Bitcoin (BTC) investors for refusing to place their trust in traditional financial institutions.
The price of SEND and dForce jumped triple digits, while Bitcoin shows clear signs of struggling to reclaim $100,000. The cryptocurrency market is showing signs of recovery after the recent slump.
Some investments attract more attention than others in the crypto universe. This is the case with World Liberty Financial (WLFI), a project backed by members of the Trump family, which has just made a strong move with a $2.5 million investment in Ethereum via Cow Protocol.
The to rise, and Virgin Voyages has found a unique way to.
Bitcoin prices climbed to an all-new high during the week through Friday, December 20, as multiple developments, including some notable government announcements, fuele
The Ethereum (ETH) price outlook has been on investors' radars for a while. Amid this sentiment, the cryptocurrency has rallied above $4,000 and, at one point, decreased below $3,200.
Unique spot Bitcoin and Carbon Credits Futures ETF S-1 proposal was submitted to U.S. SEC by fintech heavyweight Nexo. Nate Geraci, a top crypto ETFs expert, is optimistic about its prospects.
Bitcoin's current price is $97,384, with a 24-hour trading volume of $69.42 billion and a market cap of $1.92 trillion. Today, it danced between $95,444 and $99,496, signaling a market in a state of flux.
Cathie Wood, CEO of ARK Invest, has reiterated her optimistic outlook on Bitcoin (BTC) in a recent interview with Bloomberg, suggesting that significant political and regulatory changes could propel the cryptocurrency to new heights.
XRP's Open Interest (OI) has recorded impressive figures within the last hour, reaching $1.96 billion. Data available from CoinGlass reveals that Binance leads other crypto exchanges with a notable $834.67 million in Open Interest.
Peter Schiff has again made his strong stance against the Strategic Bitcoin Reserve known. This time, the renowned economist has proposed an alternative that the US could adopt instead of implementing a Strategic Bitcoin Reserve.
Hut 8, one of North America's largest Bitcoin mining firms, recently revealed a significant purchase of 990 BTC for around $100 million, increasing its total Bitcoin holdings to over $1 billion.
This week was one of two distinct halves for the price of Bitcoin, with the premier cryptocurrency rising to a new all-time high and dropping by about 13% a few days later. On Friday, December 20, the BTC price dropped to as low as $92,000.
In a major move, 200 million Dogecoin was recently shifted from an unknown wallet to Binance. According to Whale Alert, "200,000,000 DOGE worth $59,925,858 transferred from unknown wallet to Binance.
Multiple U.S. states are reviewing Bitcoin reserve bills, while crypto advocates are pushing for similar proposals in other states.
The debate about Bitcoin remaining faithful to its cypherpunk principles has heated up, as critics claim that its potential for decentralization and anti-control is disappearing. Meanwhile, Peter Todd, one of the coin's developers, suggests “tail emission” as an alternative.
Ki Young Ju, CryptoQuant founder, says it is possible for the United States to strategically accumulate Bitcoin (BTC) to address a portion of its debt. He stated this in a post on X as part of the ongoing debate among cryptocurrency analysts and financial experts.
Popular crypto analyst and broadcaster Max Keiser has recently commented on the proposal by Michael Saylor for the United States to create a $10 trillion stablecoin pegged to Bitcoin, calling this idea not plausible given the restrictive policy of USD. Keiser framed the US dollar as “the ultimate proof-of-stake shitcoin,” emphasizing that it derives its
Vaneck's projection of bitcoin reaching $180,000 by the end of 2025 is considered ambitious but possible, with experts citing BTC's historical outperformance and potential U.S. strategic reserve status as key factors.
XRP, the fourth largest cryptocurrency by market value, has seen a 5% price jump, despite a "death cross" on its hourly charts. The "death cross," typically seen as a bearish signal, occurs when a short-term moving average crosses below a long-term moving average, suggesting potential further declines.
An expert claims that the recent Ethereum price crash was the last one and that the next phase includes an exponential bull rally that propels ETH to five digits. Amid the recent drop, whales seem to have accumulated Ether at a discount.
The cryptocurrency market has recently gone through a correction period, with Bitcoin leading this decline. According to a recent report, the realized losses have exceeded the weekly average, signaling a possible end to this correction.
Stories of early investing that made a few impressive and filled pockets aren't new to the Cryptocurrency crowd. Solana (SOL) is one such example, which at one point returned a staggering amount to those whose average starting investment sat at $0.50.
Amid the talks of building a strategic Bitcoin reserve under Donald Trump's administration, experts have started weighing in on the feasibility of such a proposal and to what extent it would help in reducing the massive $36 trillion US national debt. Wyoming Senator Cynthia Lummis, who has been actively pushing for this proposal has shared
Bitcoin (BTC) is currently under significant market scrutiny as its exchange transfers have plummeted to record lows. This drop in exchange activity has raised concerns about a potential negative impact on Bitcoin's price.
XRP has experienced a significant downturn in recent days, shedding over 17% of its value since Tuesday. Despite this sharp decline, key on-chain data from Santiment highlights that whales are capitalizing on the dip.
Dogecoin price has soared by over 25% in the past 24 hours, emerging as a top gainer following a recent market downturn. This came alongside a general recovery of the cryptocurrency market that saw the coin gain a lot of attention from traders.
In a fascinating throwback, Ripple CTO David Schwartz shared a unique use case of XRP Ledger (XRPL) from 2013, providing a glimpse into its early days.
MicroStrategy founder Michael Saylor shared Friday a proposal for establishing a strategic Bitcoin reserve. The proposal suggests that such a Bitcoin (BTC) reserve could generate between $16 and $81 trillion in wealth for the U.S.
Famous Rich Dad Poor Dad author Robert Kiyosaki has made a new declaration concerning the financial market. In his latest post, he went after the United States government spending and the Federal Reserve, while praising Bitcoin as usual.
Most of the coins have returned to the green zone, according to CoinStats.
Bitcoin's drop of around 10% in the last 24 hours was dwarfed by ethereum and smaller, top ten cryptocurrencies that crashed back by between 15% and 25%
Better liquidity provisions than other platforms. Privacy thanks to no sign-up KYC checks.
The cryptocurrency market surge has delivered exceptional returns for hedge funds like Brevan Howard and Galaxy Digital.
The Ripple case, at the heart of a decisive legal battle, draws all eyes in the crypto world. This dispute opposes Ripple to its critics and sheds light on the growing regulatory challenges in a constantly evolving sector.
Mainstream adoption of cryptocurrency will be achieved through meaningful association with name brands outside the financial and tech sectors.
Buyers are trying to restore the lost initiative, according to CoinMarketCap.
Pro-Ripple (XRP) attorney and Republican John Deaton shared a TikTok video on his X account, which featured American comedian Jon Stewart raising the alarm over the US Department of Defence's “unmonitored” spending. Deaton quoted the video, saying it is why Elon Musk-led D.O.G.E.
Whale activity drives XRP confidence as 30M XRP moves from UPbit. Technical resistance at $2.38 looms, but a breakout could push XRP to $3 and beyond. The post XRP Shows Signs of Possible Rally To $3 Following Whale Action appeared first on Cryptonews.
Veteran trader Peter Brandt is warning that a bearish signal is flashing for Bitcoin, indicating that BTC might head to much lower prices.
Amid yesterday's crypto market slump, the US Securities and Exchange Commission (SEC) approved the first-ever dual Bitcoin (BTC) and Ethereum (ETH) index exchange-traded funds (ETFs) from Franklin Templeton and Hashdex. The ETFs are scheduled for launch in January 2025.
The price of Bitcoin fell to around $92,000, Friday afternoon, December 20 after the US Federal Reserve's rate cut triggered a sharp selloff in the crypto market. However, the premier cryptocurrency seems to be recovering nicely, having returned above the $97,000 level on the same day.