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news-imageDecember 17, 2024

Crypto today: BTC tops $107K, XRP eyes ATHs amid RLUSD launch, ALGO at crucial juncture

Bitcoin's (BTC) price hit another milestone on Tuesday, touching historic peaks above $107,000. While the Fear and Greed Index reads “Extreme Greed,” Ripple's XRP and Algorand (ALGO) attracted the attention of altcoin enthusiasts. Bitcoin breaks ATH records The leading crypto by market cap stirred the markets today after hitting the $107,780 all-time high.
Publisher: Invezz
Sentiment: Positive
ALGO
BTC

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Positive
cover-imageCoingape
January 18, 2025

XRP News: Solana, XRP & 5 Other ETFs Filed As SEC Chair Gary Gensler to Exit

XRP News: The odds of an XRP, Solana (SOL), & Litecoin (LTC) exchange-traded funds (ETF) have gained significant traction in anticipation of Doland Trump's upcoming presidential inauguration and Gary Gensler's exit. Notably, renowned ETF expert Nate Geraci recently revealed that numerous asset managers have submitted filings for multiple crypto-backed exchange-traded products.

Neutral
cover-imageTokenpost
January 18, 2025

Bitcoin Price Surge Fails to Spark Venture Capital Growth in Blockchain Sector

Despite Bitcoins (BTC) bull run in 2024, blockchain venture capital (VC) investments did not see a proportional increase, signaling a shift in institutional investment strategies for the cryptocurrency and blockchain startup ecosystem. According to a CoinTelegraph report on January 18, a January 16 study by Insights For VC revealed a weakening correlation between Bitcoin prices and VC funding since 2023.

Positive
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January 18, 2025

XRP Hits 7-Year High as FTX Prepares $1.2 Billion Repayment

XRP has surged to a 7-year high, reflecting bullish momentum, while the bankrupt crypto exchange FTX has announced plans to repay $1.2 billion, potentially boosting market liquidity. According to CoinTelegraph on January 18, XRP climbed to $3.20 on January 15, its highest level since 2018, driven by optimism surrounding President-elect Donald Trumps pro-crypto stance and regulatory clarity.

Positive
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January 18, 2025

U.S. Bitcoin Reserve Likelihood Soars as Focus Turns to Trump's Crypto Policies

The probability of President-elect Donald Trump establishing a strategic Bitcoin (BTC) reserve after his inauguration has surged to 70% in betting markets, fueling anticipation within the cryptocurrency industry. According to CoinTelegraph on January 8, prediction markets like Kalshi, a U.S. derivatives exchange, and Polymarket, a crypto-based prediction platform, estimate a 70% and 42% likelihood, respectively, that Trump will establish a Bitcoin reserve by 2026.

Positive
cover-imageNewsBTC
January 18, 2025

Crypto Liquidations Cross $300 Million As Bitcoin Reclaims $102,000

Data shows the cryptocurrency derivatives sector has seen a large amount of liquidations in the past day as Bitcoin and others have enjoyed a rally. Both Crypto Long & Short Liquidations Have Been High Today According to data from CoinGlass, a significant amount of liquidations have piled up on the derivatives side of the cryptocurrency sector following the market volatility.

Positive
cover-imageBitcoin
January 18, 2025

Microstrategy to Issue Additional Shares to Fund Bitcoin Purchase

Microstrategy plans to use unique shares expansion model to raise more funds for the acquisition of bitcoin. Michael Saylor Still Wants More Bitcoin Microstrategy intends to expand its authorized class A common stock from 330 million shares to 10.30 billion shares to facilitate the company's extensive bitcoin acquisitions, according to Bloomberg.

Positive
cover-imageCoinPedia
January 18, 2025

XRP Price Prediction For January 18

XRP continues to hold below its all-time highs, with the market still showing potential for an upward move. The overall expectation remains bullish, as a possible five-wave Elliott Wave pattern suggests higher prices ahead. After completing a fourth wave triangle, XRP has been consolidating, and there are still opportunities for further gains.

Positive
cover-imageThe Currency Analytics
January 18, 2025

Bitcoin Poised to Reach $175,000, Fundstrat Exec Predicts Unprecedented Surge

Bitcoin (BTC) could potentially hit a staggering $175,000 in value by the end of 2025, according to Sean Farrell, the head of digital asset strategy at Fundstrat. His forecast comes shortly after Fundstrat co-founder Tom Lee made headlines with his optimistic outlook, stating that Bitcoin is set to be the top-performing asset this year.

Neutral
cover-imageThe Currency Analytics
January 18, 2025

Bitcoin Spot ETF Inflows and Market Decoupling: Short-Term Outlook

Bitcoin Spot ETFs experienced a significant surge in inflows, but recent market behavior raises questions about the sustainability of this momentum. The cryptocurrency's rally this week happened despite a lack of positive flows from Bitcoin Spot ETFs, suggesting that the market may be decoupling from the usual correlation between Bitcoin's price action and ETF movements.

Positive
cover-imageThe Currency Analytics
January 17, 2025

Pro-XRP Lawyer Critiques SEC's Appeal, Predicts Ripple Victory

The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple is far from over, with the SEC recently filing an appeal against the partial ruling in Ripple's favor from July 2023. This legal fight revolves around whether XRP, the digital asset associated with Ripple, should be classified as a security.

Positive
cover-imageCryptonews
January 17, 2025

Wyoming and Massachusetts Propose Strategic Bitcoin Reserve Legislation

Wyoming and Massachusetts propose strategic Bitcoin reserve bills, blending fiscal stability with innovation. The initiatives aim to utilize Bitcoin's potential for mitigating inflation risks while bolstering financial security, setting a precedent for other states exploring digital assets in public finance. The post Wyoming and Massachusetts Propose Strategic Bitcoin Reserve Legislation appeared first on Cryptonews.

Positive
cover-imageThe Currency Analytics
January 17, 2025

Expert Suggests 10,000 XRP Could Lead to Financial Freedom

XRP continues its strong bullish rally, market experts are urging cryptocurrency enthusiasts to consider the long-term value of holding substantial amounts of the token. Recently, XRP surpassed the $3 mark for the first time in seven years, reigniting discussions about its potential for future price gains.

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