XRP, the seventh largest cryptocurrency by market capitalization, recently formed a golden cross on its short-term charts — a technical indicator that often signals the potential for a price rally. The market is watching closely to see if this development could lead to a significant upward movement in XRP's price.
Bitcoin hashrate dynamics are moving rapidly as the crypto gets ready to enter the next phase of an ever-evasive bull run. The latest data reveals that the BTC hashrate dominance is now shifting towards United States mining companies despite China's renewed efforts to boost the industry.
The Bitcoin market has been somewhat noisy, but it looks likely that we are going to see a lot of support given enough time. Whether or not we can breakout at this point in time, it's a serious question as Bitcoin has underperformed until recently.
After a Bitcoin and Layer 2 conference in Japan, which focused on promoting crypto adoption at a governmental level, Samson Mow, a Bitcoin proponent, and CEO of JAN3, is now encouraging the Japanese government to acquire 167,000 BTC. Representatives from major banks, fintech firms, and regulatory bodies in Japan attended the conference.
Riot Platforms and Bitfarms have resolved their dispute following a settlement agreement detailed in a joint announcement on Sept. 23, 2024. The agreement, which was filed with the U.S. Securities and Exchange Commission (SEC), comes ahead of Bitfarms' special shareholder meeting on Nov. 6, 2024.
Skybridge Capital founder Anthony Scaramucci believes the Solana network will lead the future of asset tokenization. In a speech at the recently concluded Solana breakpoint conference, Scaramucci noted that asset tokenization has massive potential and could save the world as much as $7 trillion by streamlining the financial systems.
Bitcoin's price has been recovering over the past couple of weeks. The market is in a critical area, which could determine its mid-term future.
XRP, the digital token closely tied to Ripple, has recently failed to maintain its footing above a critical $0.60 price level. This drop has left many investors and crypto enthusiasts wondering if this is a sign of deeper issues for the token, or merely a short-term fluctuation.
Dogecoin (CRYPTO: DOGE) is unique compared to other cryptocurrencies, according to its lead developer, who urged market participants to value the apex meme coin. What Happened: Dogecoin's lead developer Mishaboar took to his social media account to emphasize the significance of Dogecoin's decentralized nature, stating that it is open to everyone and not controlled by any centralized entity or organization.
Over the last three days, the Ethereum Foundation has shaken up the market by selling off 500 ETH. The organization has reportedly offloaded $10 million worth of Ethereum this year in separate events.
Following the ongoing global economic shift catalyzed by the recent Fed rate cut last week, more institutional investors are eyeing the Bitcoin (BTC) and altcoin industries. Furthermore, the impressive performance of Gold (XAU) is expected to boost the crypto bullish outlook in the fourth quarter.
Bitcoin reached a new all-time high of $73,880 in USD terms earlier in 2024, but toppling it by 2025 does not take it above 2021's inflation-adjusted value.
The XRP price is still moving sideways, but whales have started to defy all the odds with huge moves. The broader crypto market has slightly recovered after the recent rate cuts by the U.S. Federal Reserve.
BlackRock and ETFs have saved “BTC's price from the abyss repeatedly,” according to Bloomberg's senior ETF analyst.
The AI highlights the characteristics that make SOL potentially an interesting investment.
Solana (SOL) may eye another price rally in the coming days after a recent recovery. While SOL is still stuck in a consolidation price region, the recent price increase has started to hint toward a more sustained rally.
Road Town, British Virgin Islands, 23rd September 2024, Chainwire
A high leverage ratio reflects growing bullish sentiment as traders increase their margin positions on BTC.
Crypto bettors are speculating about another rate cut, with Polymarket showing a near-even split: 43% expecting a 50 bps cut and another 48% anticipating a 25 bps reduction.
On September 21, Travala, a crypto-based travel booking platform, announced its integration with the Solana blockchain during the Solana Breakpoint conference in Singapore.
The U.S. Securities and Exchange Commission (SEC) recently approved the listing of physically settled options for BlackRock's spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT). This approval is seen as a big deal for the crypto market.
Institutions and whales are gearing up for the next crypto bull run, expecting BTC to hit triple digits. Meme coins like Popcat, Brett, Pepe and Memebet Token are also in high demand.
Over the past few days, Ethereum (ETH) whales have been relentlessly selling their coins, dampening the market's momentum. Whale inflow into cryptocurrency exchanges has surged, indicating a strong desire for profit as the coin's price has skyrocketed by double digits over the past seven days.
As of Sept. 23, 2024, ethereum is trading at $2,646, with an intraday price range of $2,531 to $2,684. Over the past 24 hours, ethereum has recorded a trading volume of $16.36 billion and a market capitalization of $318.56 billion.
DOGE, the largest cryptocurrency by market cap, has recently adopted a sideways trend above $0.091 support. The consolidation is gaining speculation of Dogecoin price bottoming as the broader market rebounds amid the 0.5% rate cut by U.S. Federal Reversal.
The XRP price has fallen by 1% in the past 24 hours, with its dip to $0.5881 coming after it retreated from the $0.6044 resistance level this morning.
An analyst has explained why Bitcoin could end the year 2024 inside the $108,000 to $155,000 range if history repeats for the asset. Bitcoin Performance Has Been Similar To Last Two Cycles So Far In a new post on X, analyst James Van Straten has discussed about the BTC price performance from the cycle low chart for the last couple of cycles.
Artificial intelligence-related cryptocurrencies have recorded impressive gains after Nvidia teamed up with Alibaba. According to data provided by CoinGecko, AI tokens recorded a 5.9% surge over the past day.
Ethereum has recently seen a surge in demand near the crucial $2.1K support zone, resulting in a significant bullish retracement. The price has now reclaimed the middle threshold of the multi-month descending channel, suggesting the potential for further gains toward the upper boundary near $3K.
As the crypto market gained momentum in the last few days, many cryptocurrencies have recovered, but Bittensor price is booming, making it the biggest gainer of the day. The open-source protocol is one of the most popular cryptos, sitting at the 24th spot based on its market capitalization of $4 Billion, which has grown by
For the past few months, the crypto community, and especially XRP enthusiasts, have been eagerly awaiting the launch of Ripple's stablecoin, RLUSD. According to recent reports, including from the crypto company's CEO Brad Garlinghouse, the launch of the new digital counterpart to the dollar could take place in just a few weeks.
The mainstream adoption of artificial intelligence (AI) has helped Bittensor TAO to grow exponentially in the recent past.
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 23, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
Cryptocurrency Prices Today: The cryptocurrency industry has made positive shifts since early Asian trading hours. The global market cap is up a descent 1.41% to $2.23 Trillion. With Bitcoin's dominance at 56.4%, compared to Ethereum's 14.3%, investors are speculating the possibility of an altseason.
The crypto market just pulled in $321 million in investment inflows, marking its second straight week of positive fund movement, all thanks to the change in U.S. monetary policy. After the Federal Open Market Committee (FOMC) went last week, investors rushed in.
Ethereum's lag in inflows highlights potential investor skepticism and could signal shifting market preferences within the crypto sector. The post Crypto products see $321 million in inflows, Ethereum funds lag appeared first on Crypto Briefing.
Bitwise executive Jeff Park said that the IBIT options would be a game-changer and would remove the “jump-to-default (JTD) risk”, which has deterred institutional investors from participating.
Ripple's long-standing legal battle with the U.S. Securities and Exchange Commission (SEC) has taken a surprising turn, with prominent crypto lawyer John Deaton alleging serious misconduct by the SEC's legal team. The case, which ended with Ripple settling for $25 million, could have major implications for both Ripple and the entire cryptocurrency industry.
In a significant revelation, historical trends suggest that Bitcoin might be on the verge of another major rally, reminiscent of its past Q4 surges.
Ongoing sell-offs may threaten retail investor confidence and market stability.
Meme coin leaders Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) were left out of a veteran trader's top meme coin conviction list. What Happened: Veteran crypto trader Free Electron listed his top ten meme coins for the bull run, outlining his thesis and long-term target for each.
Bittensor has experienced a strong uptrend over the past year surging by 1020%.
Solana (SOL) has seen substantial growth in its ecosystem in the last few years. This is why it is the 5th largest cryptocurrency, with a market cap of $70.9 billion. Solana has increased around 12% in the last two days, breaking from the descending trendline in July this year.
The US Securities and Exchange Commission (SEC) has approved Nasdaq to list and trade options on BlackRock's spot Bitcoin exchange-traded fund (ETF) product, iShares Bitcoin Trust (IBIT). Options trading enables investors to buy or sell assets at a pre-determined price, helping them speculate on price movements.
From Harris talking about crypto to analysts predicting Bitcoin to hit 85K by December, here is a 4-minute breakdown of everything important that happened in crypto today.
Discover insights on decentralized AI, the significance of Ethereum ETPs, and legal defense for crypto creators, according to a16z crypto.
Analyst Maddy of Altcoin Buzz took to his latest analysis and reminded everyone of the famous Marshmallow Test—an experiment on delayed gratification where a child is given a choice: eat one marshmallow now or wait 15 minutes and get two.
An analyst from one of the biggest asset managers in crypto says any result of the November election will end up being bullish for Bitcoin (BTC).