The pseudonymous social media marketing lead of the SHIB team known to the community as Lucie has boasted another milestone reached by Shiba Inu. This time, it was featured by fund management giant Grayscale in its weekly report.
With only 8 days left for the SEC to appeal against court ruling regarding the Ripple case, community heart beat is rising. People are divided into two segments. One who thinks the SEC will not file the appeal while the other believes the SEC will apply it at the last moment to extend the time.
The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has generated significant attention in the cryptocurrency world. Recently, there has been speculation about whether the SEC will appeal a pivotal ruling from July 2023, which stated that secondary sales of Ripple's XRP token do not qualify as securities.
Markus Thielen, Head of Research at 10x Research, disclosed that the September rate cuts by the Federal Reserve and China's stimulus have stimulated a new ‘FOMO' wave in the crypto industry. He noted that Bitcoin had surged 5%, Ethereum had risen 11%, and altcoins like SHIB, ENA, and SEI gained 36%, 51%, and 54%, respectively, since the rate cuts.
Michael Saylor, Bitcoin permabull and the co-founder of MicroStrategy juggernaut which stacks BTC, has published a tweet to highlight Bitcoin's high performance which has massively surpassed that of leading assets in conventional financial markets.
SHIB has been skyrocketing lately, adding 42% of value in a week.
Bitcoin is showing signs of hope after being stuck in a cycle of lower highs and lows. Recently, it surged above $66,000 for the first time in five weeks, hitting $66,397! With the Crypto Fear and Greed Index now at 64, we're officially in the “greed” zone.
The XRP Ledger (XRPL) recently implemented two significant upgrades, sparking excitement and speculation about their potential effects on Ripple's stablecoin, RLUSD, and the broader ecosystem. On Friday, the upgrades—“fixEmptyDID” and “fixPreviousTxnID”—were backed by 31 validators, surpassing the required threshold for implementation. Amendments fixPreviousTxnID and fixEmptyDID are now enabled on the xrpl mainnet.
Bitcoin (BTC) is capturing the attention of traders and investors alike as it experiences a notable upswing. Following a robust 13% gain over the last two weeks, many are speculating whether the leading cryptocurrency is set to enter a parabolic phase.
Bitcoin price surged above $66,000 as it heads towards the end of the monthly trade, flipping the bearish narrative. The technicals have also flipped to bullish, validating a potential bullish narrative for Q4, 2024. Regardless of the growing strength of the bulls, the price remains stuck within a descending trend.
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil.
Cryptocurrency analyst Kevin Svenson believes Bitcoin (BTC) and altcoins will witness big upside bursts for the rest of the year. In a new video, Svenson tells his 79,800 YouTube subscribers that Bitcoin and altcoins are poised for more gains over the coming weeks and months.
The U.S. spot Bitcoin ETF market is on fire, with inflows soaring past $1 billion this week! Thanks to the Fed's rate cuts, institutional demand for Bitcoin skyrockets, and BlackRock is leading the charge. The asset giant has aggressively boosted its Bitcoin ETF (IBIT) holdings to 198,874 shares, up from just 43,000 in June.
It is widely speculated that the U.S. Securities and Exchange Commission (SEC) will appeal the 2023 ruling on Ripple's XRP sales. A former SEC attorney, cited by Fox Business reporter Eleanor Terrett, suggested that the agency is likely to challenge the July 2023 decision that deemed Ripple's programmatic sales of XRP as non-securities.
The ongoing legal saga between Ripple Labs and the US Securities and Exchange Commission is heating up again as speculation mounts about a potential appeal from the SEC.
Bitcoin (BTC) looks poised to record its best September in a decade, surging past $65,000. This uncharacteristic price appreciation could be attributed to several key factors.
The landscape of cryptocurrency investments continues to evolve, with US spot Bitcoin exchange-traded funds (ETFs) marking a significant milestone. As of September 26, 2024, these ETFs have experienced their fifth consecutive day of inflows, collectively attracting $106 million.
U.S. spot Bitcoin ETFs witnessed daily total net inflows worth $494.27 million on September 27th. The inflows marked a six-day positive streak that started on September 19th.
XRP underperforms broader market as investors weigh SEC's potential appeal on Ripple case.
Spot Bitcoin ETF inflows hit $494 million on September 27 with over $1 billion this week.
Bitcoin is showing strong signs of a bullish trend on its chart. As the price edges closer to key liquidity levels, there's potential for a short squeeze in the short term. According to analyst Josh of Crypto World, the Bitcoin Relative Strength Index (RSI) is entering the overbought zone.
The cryptocurrency world is abuzz with the recent approval of Bitcoin ETF options trading by the U.S. Securities and Exchange Commission (SEC). This latest move, beginning with BlackRock's iShares Bitcoin Trust, is a significant development in the crypto space, especially for Bitcoin's options market.
Data shows the Bitcoin Coinbase Premium Index has surged recently, suggesting it could at least partially be behind the latest price surge.
The US spot Bitcoin ETF market has been heating up very fast following the Fed rate cut announcements as institutions rush to get their share of BTC. On Friday, the BTC ETF inflows stood at a staggering $495 million in a single day, thereby taking its weekly inflows to more than $1 billion.
The cryptocurrency prices on Saturday ignited substantial investor optimism across the globe. Bitcoin (BTC) price gained to cross the $66K level today, while Ethereum (ETH), Solana (SOL), and XRP mirrored an upward trajectory.
Bitcoin (BTC) is currently facing scrutiny as legendary trader Peter Brandt raises concerns about a potentially ominous trading pattern forming in its charts. In a recent social media update, Brandt pointed out that Bitcoin is exhibiting a series of lower highs and lower lows, a pattern that often indicates a bearish trend reversal across various markets.
Suze Orman, a well-known financial advisor, advocates for bitcoin exposure, despite contrasting views from other prominent investors like Dave Ramsey and Warren Buffett. She underscores the potential gains for those who can manage its volatility. “Everybody should absolutely have exposure to bitcoin,” she said.
CZ's return to social media boosts market confidence, highlighting the significant influence of key figures on cryptocurrency sentiment and prices. The post Bitcoin and BNB see gains up to 3% as CZ makes first tweet post-release appeared first on Crypto Briefing.
The dynamic world of cryptocurrencies, bold predictions often capture the attention of investors and enthusiasts alike. Recently, crypto analyst Levi Rietveld has made headlines by forecasting that XRP, a prominent altcoin, could high to $100.
The number of Bitcoin being held on cryptocurrency exchanges has recently dropped to a new five-year low after beginning a significant decline earlier this year, to the point that there are now around 2.6 million BTC on these platforms, down from around 3.3 million two years ago.
Bitcoin short squeeze scenario plays out, the short liquidations soar as price pushes above $65,000.
Bitcoin's price has hit a significant roadblock near the $64,000 mark, sparking concerns about a potential downturn in the market. As of Thursday, September 26, Bitcoin was trading around $63,241, marking a 2% dip in the past 24 hours.
Bitcoin has been the subject of recent media attention, not only due to its price increase above $65,000 but also due to the extraordinary inflows into spot Bitcoin ETFs. These inflows, according to Farside Investors, have reached a remarkable $365 million as of September 26, 2024, which is indicative of the increasing institutional interest in the cryptocurrency market.
The price of the flagship cryptocurrency Bitcoin has topped the $66,000 as we near the final days of September as it appears to be bucking its historically poor performance for the month amid a wave of interest rate cuts and as the ‘Coinbase Premium' grows.
Bitcoin has crossed its long-term moving average, breaking key resistance and shifting market sentiment towards greed.
Bitcoin futures on Binance have surged to a significant milestone, reaching 90,000 open contracts this week. This notable increase comes as traders anticipate critical U.S. economic data and the impending release of former Binance CEO Changpeng Zhao (CZ) from jail this weekend.
In a promising turn for the cryptocurrency market, investor interest in Bitcoin and Ethereum exchange-traded funds (ETFs) is on the rise. Recent data reveals that spot Bitcoin ETFs experienced a remarkable inflow of $106 million just yesterday, a trend primarily fueled by BlackRock's impressive investment of $184 million—the highest recorded in the last month.
New ETFs giving leveraged exposure to Bitcoin treasury firm MicroStrategy are sure to be spicy, but they're already pulling in investors.
The XRP Ledger (XRPL) has revealed two major updates, just after implementing another amendment recently, which have caught the eyes of the investors. Notably, this comes as anticipation is soaring over the potential launch of Ripple stablecoin RLUSD.
According to a previous Forbes report, Zhao and Binance collectively hold 71% of the roughly 146 million BNB tokens in circulation.
The lawsuit alleges that the executives misappropriated Swan's intellectual property to launch a competing company backed by Tether.
Data from CoinGecko shows that the price of Bitcoin climbed above $65,000 on Friday for the first time since the beginning of August and now hovers at $65,778.
What concerns did Schiff raise on social media regarding Bitcoin's performance?
XRP, the cryptocurrency linked to Ripple, is capturing the market's attention with increasing whale activity and promising on-chain metrics, discussions about its potential for a breakout. Despite experiencing a slight dip in price, recent developments suggest that XRP may be gearing up for a significant upward movement, with traders and investors keenly monitoring the situation.
Bitcoin has surged past the critical $65,000 resistance level following several days of bullish price action and growing optimism after last week's interest rate cuts. This impressive move has excited analysts and investors, who are now speculating on even higher prices in the coming weeks.
Liquidity is projected to surge into the crypto market in the fourth quarter of the year, creating a favorable environment for a potential parabolic rally in both Bitcoin (BTC) and altcoins. This influx of capital could drive prices higher as investors look to capitalize on the anticipated momentum.
Bitcoin's break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing.