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news-imageDecember 20, 2024

Crypto wrap: BTC, ETH, XRP bounce as Horizen (ZEN) spikes 60%

The crypto market witnessed the sharpest declines in months as Bitcoin crashed to lows of $92k on December 20, 2024. However, the flagship cryptocurrency was back at $97k at the time of writing. Meanwhile, Horizen price led top gainers as Ethereum and XRP flipped positive after crashing to key support levels.
Publisher: Invezz
Sentiment: Positive
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cover-imageCoinPedia
February 5, 2025

How Elon Musk's Tesla and Bitcoin Investments are Dominating Global Markets

February 5, 2025 – Billionaire entrepreneur whose net worth has surged to $414.6 billion, continues to reshape industries with his companies spanning electric vehicles, space exploration, AI, and even government efficiency. Tesla & Bitcoin: Financial Powerhouses Tesla, valued at $1.2 trillion, has seen a significant rise in its stock price, particularly following the 2024 U.S.

Positive
cover-imageThe Currency Analytics
February 5, 2025

Ethereum Increases Gas Limit to 31.5 Million for Better Scalability

Ethereum has recently increased its gas limit beyond 30 million for the first time since transitioning to proof-of-stake (PoS), a significant step forward in improving the blockchain's scalability. The gas limit, which governs how many transactions can be processed in each block, now stands at an average of 31.5 million gas units, with plans for further increases, potentially reaching 36 million gas units.

Neutral
cover-imageCoinPedia
February 5, 2025

Bitcoin Price Prediction For Feb 5th

Bitcoin (BTC) price failed to sustain above $100k on Tuesday, amid the renewed hope for the resolution in the United States-Mexico-Canada Agreement (USMCA). Ahead of the planned talk between US President Donald Trump and Chinese President Xi Jinping, Beijing has scheduled to implement a 15 percent tariff on U.S.

Positive
cover-imageThe Currency Analytics
February 5, 2025

XRP Recovers $1 in 24 Hours, Analyst Predicts $5 Surge

XRP experienced a dramatic price fluctuation, recovering from a significant dip that saw its value plummet to a nine-week low of $1.771 on Binance. This drop marked a challenging moment for XRP, which led to substantial losses in the market, especially in the derivatives space.

Negative
cover-imageNewsBTC
February 5, 2025

Ethereum Leverage Elevated Despite Long Squeeze, Glassnode Says

The on-chain analytics firm Glassnode has revealed how the Ethereum futures market is still overheated despite the long squeeze that just occurred. Ethereum Open Interest Still Notably Above The Yearly Average In a new post on X, Glassnode has discussed about how the Ethereum futures market has changed during the past day.

Negative
cover-imageCoingape
February 5, 2025

Why Is XRP Price Down 8% Today?

XRP price is once again facing strong selling pressure, crashing more than 8% and moving back to $2.50. The Ripple token fall comes as the XRP Ledger halted blockchain production for nearly an hour on Tuesday.

Positive
cover-imageBitcoinist
February 5, 2025

Barstool's Dave Portnoy Buys The XRP Dip: Drops $1 Million Bet

Barstool Sports founder and social media personality Dave Portnoy has doubled down on his crypto investments, revealing during a livestream on February 3 that he purchased an additional $1 million worth of XRP. Why XRP? Portnoy, known for his unapologetic approach to trading and gambling, made the announcement as he discussed Monday's market's downturn.

Negative
cover-imageInvezz
February 5, 2025

Crypto prices on Feb 5: BTC slips below $98k, MELANIA top gainer

The cryptocurrency market witnessed renewed volatility on Wednesday, following a recent recovery phase. Cryptocurrency prices slid across the board, with the global crypto market cap going down 1.52% to $3.21 trillion. Bitcoin (BTC) retraced to the $98,000 level, while popular altcoins like Solana (SOL) and XRP experienced downward momentum.

Positive
cover-imageCoinPedia
February 5, 2025

Bitcoin ETFs See Explosive Growth as Institutional Investors Pour In

Bitcoin's climb past $100,000 was short-lived as U.S.-China trade tensions resurfaced, triggering market uncertainty. While prices briefly rebounded after President Donald Trump announced a 30-day delay on new tariffs, some analysts warn that Bitcoin could still face a correction below $90,000 if geopolitical risks intensify.

Positive
cover-imageThe Currency Analytics
February 5, 2025

Owning 0.1 Bitcoin Could Secure Generational Wealth, Says Financial Analyst

Financial analyst Rajat Soni has emphasized the value of owning even a fraction of Bitcoin, such as 0.1 BTC, as a potential means of securing long-term financial stability and generational wealth. Given Bitcoin's limited supply of just 21 million coins, owning a portion of this scarce asset could provide significant future value as the digital currency continues to rise in importance and value.

Neutral
cover-imageCoinPedia
February 5, 2025

XRP Price Prediction For February 5

The XRP market continues to be trapped within an overall larger sideways range. Recently, the market experienced a sharp decline, but the price only dropped from the top of the range at $3.40 down to the $1.96 level, which has acted as a key structural support. The $1.

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