BlackRock's Bitcoin ETF now holds about 2.55% of all Bitcoin, showing that big financial companies are buying a lot of Bitcoin. This has raised concerns because many people worry that institutions like BlackRock might be going against the idea of Bitcoin being decentralized.

Because RLUSD transactions will burn XRP, the "two assets are intertwined and investors have picked up on this connection," an analyst said.

TL;DR Bitfinex predicts Bitcoin could surge to $200,000 by mid-2025, driven by strong institutional demand and the launch of the first-ever spot crypto ETF. Historical data suggests post-halving years, like 2025, see the strongest rallies, with the April 2024 halving setting the stage for a bullish trend.

A popular crypto analyst is outlining which altcoins he think will shine after Bitcoin's (BTC) price rally. The trader Ali Martinez tells his 99,500 followers on the social media platform X that the key to betting on altcoins is to invest capital early in projects with strong fundamentals.

The price of major cryptocurrency Bitcoin (BTC) continues its relentless march upward, updating historic highs one by one and periodically dropping latecomers and overly greedy traders with bloody multi-billion dollar avalanches of liquidations. The fact is, however, that so far the "numbers are going up.

Bitcoin's recent surge to $107K appears to have been driven by rising spot market demand and key on-chain metrics.

Bitcoin is at the center of a European lawmakers bold call to reject the ECBs digital euro and establish a strategic BTC reserve. The MP warned of inflation risks and urged the EU to embrace decentralized alternatives.

To the delight of many investors, Bitcoin (BTC 2.94%) finally breached the $100,000 mark in 2024. But as the year draws to a close, Bitcoin owners are left wondering what comes next.

Ripple CEO Brad Garlinghouse has expressed excitement over the launch of the Ripple USD (RLUSD) stablecoin, describing it as "an enterprise-grade stablecoin for everyone." Yesterday, Ripple announced that Ripple USD (RLUSD) will be available on global exchanges starting today, Dec. 17, 2024.

Japan-listed company Metaplanet is issuing 4.5 billion yen ($30 million) worth of zero-interest bonds to expand its Bitcoin holdings. This move aligns with its strategy to accumulate the cryptocurrency as a core asset. Metaplanet's move mirrors MicroStrategy's widely recognised approach of leveraging corporate reserves to acquire Bitcoin, positioning itself as a Bitcoin-focused business in Japan.

Ripple Labs' $XRP has been making waves in the crypto realm, capitalizing on regulatory developments that have spurred bullish market sentiment. Promising advancements in the ongoing legal battle between the Securities Exchange Commission (SEC) and Ripple have helped restore investor confidence in $XRP.

Ripple recently announced the official launch of its stablecoin RLUSD, scheduled for this Tuesday, December 17, 2014. This news has generated great enthusiasm in the crypto community, with optimistic forecasts for the price of XRP.

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs recorded significant inflows on Dec. 16, signaling strong institutional interest amid a bullish outlook for the crypto market. What Happened: The total net inflow for Bitcoin spot ETFs reached $637 million, marking 13 consecutive days of positive inflows, according to data from SoSo Value.

The stark contrast between traditional real estate investments and cryptocurrency markets has come into sharp focus as Bitcoin (CRYPTO: BTC) crossed the $100,000 mark, while New York City's real estate market maintains steady but modest growth, according to recent market data. What Happened: New York City's median home prices reached $785,000 in early 2024, showing a measured recovery from the slight dip to $764,000 in 2023, according to StreetEasy data cited by the NYC Comptroller's office.

Without even waiting for Bitcoin ($BTC) to even pause in its upward trajectory, both Ripple ($XRP) and Stellar ($XLM) are putting on a show. How far can they go?

Bitcoin (BTC) smashed another all-time high late on Monday night as the world's largest cryptocurrency flew above $107,000 for the first time ever. The BTC/USD pair reached as high as $107,800 and at the time of writing, remains around the $106,800 price point.

The European Parliament's Sarah Knafo said it's time to stop “totalitarian temptations” by the European Central Bank and adopt Bitcoin.

Bitcoin options data indicates traders are not aggressively chasing new highs, showing demand for downside protection through put options.

XRP whales reduce holdings amid price consolidation as retail investors buy the dip. Ripple's RLUSD launch and bullish technicals hint at a potential breakout to $4.03.

The year 2024 has been an eventful year for the cryptocurrency sector, especially when viewed from the perspective of ETFs. The trading of spot Bitcoin ETFs and spot Ethereum ETFs was approved by US regulators.

XRP is gaining bullish momentum fueled by the launch of Ripple's RLUSD stablecoin and technical patterns signaling a potential breakout. Will XRP hit $3 soon?

Institutional adoption and demand from ETFs could push BTC as high as $339,000 in 2025, but the trend of diminishing returns could cap the asset's gains at $200,000.

XRP's price has been building significant momentum, currently trading at $2.66 after a daily gain of 11.75% and a weekly surge of 18.72%.

XRP surpasses $2.50 amid strong technical indicators and anticipation of Ripple's RLUSD stablecoin launch, with analysis suggesting potential for new all-time highs.

Analytics account @spotonchain has drawn the crypto community's attention to two mammoth-sized Bitcoin transfers that have taken place over the last 24 hours, right after the world's flagship cryptocurrency BTC soared to a new historic peak above $107,000.

With the planned debut of RLUSD on Tuesday and Bitcoin breaking above the $107K price level for the first time, XRP skyrocketed to $2.60 resistance and eyes $4.

Bitcoin's surge to a record high of over $107,000 has boosted the US government's efforts to reimburse victims of a business email compromise (BEC) scheme. On Dec. 16, the US Department of Justice (DOJ) announced the recovery of 32.68 BTC, valued at over $3.5 million, stolen in a December 2023 cyber fraud case.

Does MicroStrategy know something we don't?

XRP price continued with its ascent on Tuesday, gaining 2.1% at the time of writing to trade at $2.53. The crypto coin has been on an ascending trajectory in the last week, with its gains at 14.4% during that period.

Algorand (ALGO) has declined 34% to reach a critical $0.40 support level, where it currently trades with decreased volume and momentum amid bearish technical indicators.

Ripple CTO David Schwartz addressed XRP Ledger (XRPL) account reserves and the voting mechanism. He tried to clarify that the voting system is designed to coordinate feature activation and not as the network's primary governance tool.

The upward price pressure on Bitcoin seems relentless as $BTC achieves yet another all-time high at $107,800. MicroStrategy buys another $1.5 billion worth of Bitcoin, and the U.S. Spot Bitcoin ETFs also buy big.

Bitcoin (BTC) reached a new ATH of $107,700 in the 2nd week of December. The current rally is giving bullish vibes for early 2025. The Fear and Greed Index has reached 87, indicating significant investor interest. The worldwide crypto market cap is $3.72 trillion, up 1%, with trading volumes up 34% to $211 billion.

Despite these massive movements, Bitcoin has shown impressive resilience, with prices remaining remarkably steady above $107,000.

Bitget, a South Africa-based cryptocurrency exchange, has recently announced that it received a Bitcoin Service Provider (BSP) license in El Salvador, opening the doors to start operating locally.

Crypto exchange Bitget secures authorization to provide Bitcoin-related services in El Salvador, marking a significant step in its expansion into Latin America's growing crypto market.

The Asian MicroStrategy, Metaplanet Inc., has announced the issuing of the fourth series of ordinary bonds worth 4.5 billion yen. They are valued at approximately $30 million, and like its other issuances, this fund will be directed toward purchasing more Bitcoin (BTC).

Though a relative latecomer to the 2024 cryptocurrency bull market, XRP has, nonetheless, performed remarkably and is, in total, 304.70% in the green year-to-date (YTD).

XRP News: Ripple whales appears to be on a buying spree, sparking a rally of over 8% in its native coin today. Notably, this comes as the market optimism soars especially as the blockchain firm announced to launch of its stablecoin RLUSD later today.

Algorand's price has faced a sharp decline of 34%, dropping from $0.61 to a critical support level of $0.40. This steep correction came amidst a shift in the broader cryptocurrency market, triggered by Bitcoin's dominance reclaiming momentum and cooling off altcoin gains.

The US spot Bitcoin ETFs registered a net cash inflow of over $636 million on Monday amid a notable decline in BTC supply on centralized exchanges.

Bitcoin prices are going above $1,000,000 USD. But that isn't a good thing.

On-chain data shows the Bitcoin long-term holders are selling. Here's whether the current level of selloff is enough for a price top or not.

Ripple's RLUSD stablecoin launches with strong market interest, pushing XRP to $2.57.

In a recent interview with CNBC, Michael Saylor, founder and chairman of MicroStrategy, drew an interesting parallel between Bitcoin (BTC) and New York City, referring to the market's leading cryptocurrency as “cyber Manhattan.

Bitcoin surged to an all-time high of $107,780 and is currently trading at $106,618. Mt. Gox moved 1,620 BTC ($172M), raising speculation over potential sell-offs.

A move from the U.S. Federal Reserve to cut interest rates stands to bolster recent 'Bitcoin Santa Rally' sentiment, eyeing $160K as global monetary policies ease. The post Analysts Eye $160K Bitcoin as Global Monetary Policies Ease: Could a ‘Santa Rally' be the Trigger? appeared first on Cryptonews.