ProShares has applied to launch ProShares Bitcoin hedge ETFs linked to the S&P 500, Nasdaq 100, and gold.
According to the Bloomberg report, Stephen Akridge is locked in a legal battle with his ex-wife, Elisa Rossi. She filed some grave charges against Akridge for using her blockchain expertise to take millions of dollars worth of staking rewards from her Solana holdings.
Putin's Russia sees the use of Bitcoin as an effective means to avoid sanctions in international trade.
Uniswap chief legal officer said the IRS DeFi broker rule "absolutely should be challenged," while a Consensys lawyer argued that the ruling was released on “the last Friday of 2024 in the middle of a holiday stretch on purpose.”
The Bitcoin (BTC) ‘kimchi premium' has returned to South Korea's cryptocurrency market as the country grapples with political instability. This has led to a weakened Korean won (KRW) and a higher price for the leading cryptocurrency.
As Ethereum (ETH) trades steadily above the $3,300 mark, market analysts are beginning to predict a potential recovery that could reshape the altcoin landscape. Currently trading at $3,321, ETH's resilience has been notable, especially amidst a broader market correction led by Bitcoin (BTC).
US Crypto Policies Threaten XRP & BTC Trends: Anti-crypto moves by the Biden administration and SEC weigh on XRP prices and BTC adoption potential.
Volatility Shares, a financial firm known for its novel exchange-traded funds, has submitted an application to the U.S. Securities Exchange Commission (SEC) for an exchange-traded open-end index fund (ETF) based on Solana futures, a new line of ETFs. This move aims to provide investors new opportunities to leverage the Solana blockchain ecosystem.
The crypto market today is experiencing a cool-off period with the holiday season in full swing. Bitcoin (BTC) and Ethereum (ETH) have tumbled, with BTC falling below 95K and ETH now down to the 3300 range.
The moves of the Bitfinex whales have been reliable indicators for moves in the price of Bitcoin itself, as explained by this analyst.
Volatility Shares has filed an application with the SEC for the first leveraged Solana ETFs in the U.S.
The race for dominance is on, and Ethereum's ability to rise from its current slump will be crucial for its future.
Bitcoin has recently shown signs of potential market shifts as key metrics reflect changing investor behavior. This is evident in Bitcoin reserves on spot exchanges, which had been in a steady decline for weeks, now seeing a notable uptick with an inflow exceeding 20,000 BTC, according to CryptoQuant analyst IT Tech.
Ripple's XRP is currently consolidating on the larger time frame, with no major price correction. Instead, the market is moving sideways, hinting at a period of consolidation within an overall uptrend. At the time of writing, XRP is down by more than two percent and is trading at $2.17.
Solana co-founder Stephen Akridge is being sued by his ex-wife, Elisa Rossi, for allegedly misappropriating millions of dollars in staking rewards from her Solana holdings.
Corporations are fueling the bitcoin boom, with top 60 public companies amassing 591,368 BTC—Microstrategy dominating the list with an unrivaled 444,262 bitcoins.
Charlie Gasparino, a New York Post columnist and FOX Business Senior Correspondent, shared his thoughts on the regulation of Ripple, expressing that he always believed the scrutiny on the company and its cryptocurrency XRP was unnecessary.
Galaxy Research is of the belief there will be “some movement” within US government departments in 2025 to explore an "expanded Bitcoin reserve policy."
Galaxy Research is of the belief there will be “some movement” within US government departments in 2025 to explore an "expanded Bitcoin reserve policy."
An analyst has pointed out how Dogecoin has recently observed patterns in two indicators that could prove to be bullish for its price. Dogecoin Has Seen Positive Signals On TD Sequential & Whale Supply In a new post on X, analyst Ali Martinez has talked about a Tom Demark (TD) Sequential signal that Dogecoin has just witnessed on its 4-hour price chart.
Solana prices have suffered some notable declines over the last several weeks, dropping more than 30% since reaching a fresh, all-time high near the end of November.
Several big stories and developments have occurred in the crypto space this week, including rumors of a presidential pardon for FTX's Sam Bankman-Fried, EU exchanges delisting Tether's USDT, and Ripple donating $5 million to Trump's Inauguration.
CryptoQuant community analyst Maartunn shared data indicating that the XRP Ledger's (XRPL) velocity has risen in the past few weeks amid heightened activity, suggesting growing utility within the network. Velocity is calculated by dividing a crypto market cap by its transaction volume.
In 2024, Bitcoin experienced an extraordinary rise in popularity on the social media platform X, formerly known as Twitter. According to recent data, mentions of Bitcoin on X increased by 65% year-over-year, with users publishing over 140 million tweets about the cryptocurrency.
Critical support for XRP is present at the 26 EMA, a level that has been holding the ground for the asset. The assets short-term trajectory will probably be determined by the ongoing battle at this price.
Bitcoin might soon face a major correction, but there is hope for a price hike too!
The Bitcoin price has struggled to reclaim previous price highs above $100,000, with bearish sentiment dominating the market. Currently, the Bitcoin price is retesting the support line of an Ascending Channel after crashing below $95,000.
Stephen Akridge, co-founder of Solana, is embroiled in a legal dispute with his ex-wife, Elisa Rossi, over alleged misappropriation of substantial gains from Solana (SOL) tokens, Bloomberg News reported on Dec. 27. Rossi claims that Akridge used his advanced expertise in crypto and blockchain to siphon off staking rewards from her digital wallet.
Eric Semler, chairman of Semler Scientific, has predicted that more companies will adopt the bitcoin standard, as not owning bitcoin will be considered “irresponsible.” Semler attributes the slow implementation of bitcoin as a reserve asset in public companies to the conservative approach of some institutions.
The governments of Japan and Russia have ruled out creating national Bitcoin (BTC) reserves in the near future. The post Japan, Russia Rule Out National Bitcoin Reserve ‘For Now' appeared first on Cryptonews.
Stephen Akridge, co-founder of Solana, is being sued by his ex-wife, Elisa Rossi. The lawsuit claims that he misappropriated “millions of dollars” in cryptocurrency income from her digital wallet.
Bitcoin (BTC) has been on a wild ride lately, surging to $99.8K before taking a sharp dip to $95,484, shedding the gains from the Christmas rally. As the cryptocurrency market heats up, traders and analysts are buzzing with speculation about Bitcoin's future price.
One crypto analyst on X shared on Wednesday an investment thesis that sees the market cap of XRP surging to as much as $1.56 trillion if the token's dominance continues to scale up in the following months.
Mike Belshe, BitGo co-founder and CEO, joins 'Closing Bell Overtime' to talk the outlook for cryptocurrency in 2025.
The cryptocurrency market is a connected ecosystem, and interoperability fuels its development. Cardano, which has a market capitalization of $31.4 billion, and Ripple's XRP, with a market capitalization of $123 billion, could be planning to enter into a symbiotic relationship.
Analysts are excited about the possibility of a huge Dogecoin rally in 2025, with some believing it would far outperform the enormous gains recorded in 2021. Related Reading: Dogecoin 600% Rally Prediction Still On Track Before End Of 2024 — Analyst According to recent studies, historical price fluctuations show that the popular meme coin may experience another parabolic boom.
Ethereum is set to surpass $5,500 by 2025, according to Mike Novogratzs Galaxy. The forecast points to DeFi expansion and an NFT revival as pivotal factors driving the altcoins growth, with Ethereum expected to outperform Bitcoin in the process.
The SEC's ongoing legal battle with Ripple over its XRP token is that it is overreaching to regulate the crypto space while leaving more pressing issues such as the Sam Bankman-Fried. Focusing on Ripple could be a concerning precedent for future digital asset regulations in the U.S.
Bitcoin (BTC) has had a rollercoaster ride over the years, with significant price fluctuations capturing the attention of investors and analysts alike. Recently, Bitcoin saw its price drop to around $96,200, leading many to question what the future holds for the world's leading cryptocurrency.
Crypto exchange Coinbase recorded the highest outflow last week, with 10,756 Bitcoin (BTC) withdrawn in one hour. The total volume was worth approximately $1.1 billion, sparking slight bull signals in the market.
Pro-XRP lawyer John Deaton has criticized a newly finalized crypto tax reporting rule issued by the Biden administration. The rule, titled “Gross Proceeds Reporting by Brokers that Regularly Provide Services Effectuating Digital Asset Sales,” was recently introduced by the IRS.
Ethereum had an underwhelming 2024, underperforming against Bitcoin and many top altcoins throughout the year. While BTC soared to new all-time highs, ETH struggled to reclaim its bullish momentum, leaving investors questioning its position in the market.
This week's Crypto Biz explores Bitcoin's landmark year, Crypto.com's new custody service, Russia's partial ban on crypto mining and taxes on staking rewards in the US.
The inaugural Solana AI hackathon concluded on Monday. Over 400 projects threw their respective hats in the ring for a contest offering cash prizes but more importantly the prospect of potentially-lucrative attention to so-called AI agents, which are currently flooding crypto social feeds.
According to Polymarket's latest betting activity, participants are showing a modest 30% confidence in bitcoin (BTC) reaching the $100,000 mark by the end of the year. However, in a twist, another wager on the platform indicates a 21% belief that bitcoin could leap to $150,000 by March 31, 2025.
Declining network activity and interest in memecoins put a dent in Solana price, but derivatives data suggest limited downside.
Galaxy Research, an offshoot of Galaxy Digital Holdings has released its optimistic forecast for Dogecoin (DOGE) for the coming year. This DOGE forecast comes as part of 23 major predictions for the digital currency ecosystem in 2025.
The founder of investment firm Morgan Creek Capital is identifying what could serve as a huge catalyst for Bitcoin (BTC) and the overall crypto market in 2025.