Bybit, the Singapore-based centralized crypto exchange, according to several crypto security experts and researchers.
FPPS is not a sustainable model for pooling mining operations in the long term.
BTC traded as high as $99,497.97 before retreating, but the dominant digital asset has been gradually edging towards the $100,000 barrier, with bears getting squeezed on shorts to the tune of $128.35 million. Bitcoin Nears $100K But Meets Resistance Bitcoin (BTC) is edging closer to the highly anticipated $100,000 milestone, trading at $99,207.
BTC dumped by over two grand within minutes.
XRP may have a new catalyst that could push its price higher following the ongoing consolidation phase. Ripple (XRP) was trading at $2.67 on Friday, where it has remained for the past few days.
A recent report shows Russia's Bitcoin mining sector expanded 7% in 2024, reaching 136,600 units, driven by an increase in mining farms. However, this growth raises concerns about energy consumption, regulation, and the strain on Russia's power grid, as many mining operations remain unregistered. The post Russia's Bitcoin Mining Sector Records Growth as Mining Farms Increase by 7% in 2024: Report appeared first on Cryptonews.
XRP has fallen by 1.5% in the past 24 hours, with its decline to $2.67 coming after Mike Novogratz argued that its first-mover status will give it an advantage over newer alts. The post Billionaire Mike Novogratz Bullish on XRP – Could This Be the Catalyst for a Breakout? appeared first on Cryptonews.
Bitcoin is targeting six figures as a welcome break from rangebound trading continues for BTC price bulls.
Ethereum has been attempting to reclaim the $2,800 level for days, but bears continue to apply selling pressure, keeping the price below this key resistance. Despite this, demand remains strong, with bulls successfully holding ETH above the crucial $2,600 support level.
Bitcoin jumped to its highest price in more than a week Friday after Coinbase said the SEC will drop its charges, pending approval.
Pepe coin has entered a bear market this year after plunging 65% from its all-time high. Pepe (PEPE), the second-biggest Ethereum (ETH) meme coin after Shiba Inu (SHIB), has plunged to the key support at $0.000010.
The SEC's latest move towards dropping its lawsuit against Coinbase could not only boost sentiment for crypto tokens once considered securities under the previous administration but also positively impact Robinhood's (HOOD) stock, a major player in the crypto exchange space.
Ethereum price is on a strong upward momentum, supported by a favourable crypto market sentiment, as well as DeFi and ETF growth.
BlackRock's Bitcoin ETF now holds over 50% of the market despite rising outflows, while Bitcoin's price remains resilient amid industry concerns over price action.
Michael Saylor proposes a bold vision: the United States should acquire 20% of the circulating bitcoins. In a speech at CPAC, he stated that such a strategy could not only strengthen the dollar but also help pay off the national debt.
In just over a year since their introduction, U.S. spot Bitcoin exchange-traded funds (ETFs) have reached a significant milestone, surpassing $750 billion in total trading volume.
One of the main topics of the cryptocurrency market for over a year already are exchange-traded funds. First it was leading cryptocurrency Bitcoin (BTC), then major alternative asset Ethereum (ETH), and now after their approval the focus shifted to other assets.
Bitcoin (BTC) picked up momentum as it climbed above $98,000, as short-term bulls eye the $100,000 level. A break above this level could power BTC towards $105,000.
Based on both market price movements and on-chain metrics, XRP is exhibiting indications of renewed activity. There was a significant increase in XRP transactions, according to recent data, with 678,000 payments made Feb. 20.
This week in crypto has been packed with major developments, from mainnet launches and legal drama to attempts at cracking longstanding mysteries.
Today, at Consensus Hong Kong, Jason Fang announced the MicroStrategy 2.0 framework for Asia. The framework leverages structured products to generate Bitcoin yield, allowing retail investors to enhance performance without the need for private key management.
The financial services giant Franklin Templeton has launched a mixed Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded fund (ETF). Coinbase will provide custody services for the new Franklin Crypto Index ETF (EZPZ), the firm's third crypto exchange-traded fund. Franklin Templeton also launched single-asset Bitcoin and Ethereum ETFs last year.
Bitcoin, the first and largest cryptocurrency by market capitalization, has been consolidating for weeks and is trading within a relatively stable range of $93,000-$98,000.
Bitcoin price broke above $99k for the first time in two weeks, and a third successive daily gain above 1% signals strong upside.
Widely-followed pseudonymous investment influencer ‘Gary Cardone,' not to be mistaken for Grant Cardone , announced exiting his XRP (CRYPTO: XRP) position, citing six rules that influenced his decision. What Happened: The influencer shard a screenshot of selling 30,000 XRP holdings at $2.71 on Friday on X, justifying his decision with principles refined over 40 years in finance.
XRP price could rally to $8,550 if the Ripple network outpaces Visa and SWIFT to dominate the payments industry to process more than $8.55 trillion in daily transactions. While Ripple's blockchain capability can see it make waves in the payments sector, can the XRP price mirror this growth and reach $8,550?
On-chain data analysis shows the Ethereum network has recorded a 12.1% increase in new addresses during the past week.
Armstrong described today's developments as good and positive for the entire crypto industry.
The agency's withdrawal of the lawsuit could boost crypto prices, marking a milestone in U.S. regulatory oversight for the digital asset industry.
A popular cryptocurrency has once again captured the attention of many crypto investors after some experts started discussing the potential long-term valuation of the digital asset. Prominent market analysts believe that XRP could possibly reach $10,000 per coin, saying that the notion is “not a crazy” prediction but a conservative one.
According to Glassnode's latest The Week On-Chain report, Bitcoin (BTC) must remain above the Short-Term Holder (STH) cost basis to avoid potential downside risks. Historically, this price level has served as a crucial pivot point between local bull and bear market phases, making it a key area to watch.
The new solution from BitDCA is coming in the next few weeks.
In a new development, Coinbase and the U.S. Securities and Exchange Commission (SEC) have reached an agreement “in principle” to dismiss the case the SEC filed against the crypto exchange. Although the agreement still needs to be approved by the SEC commissioners, this move could be confirmed as early as next week.
As Cardano (ADA) dips to $0.78 and XRP struggles at $2.7, investor confidence is shaking amid market uncertainty. ADA faces low developer activity, while XRP's regulatory battle continues to weigh it down. Meanwhile, Mutuum Finance (MUTM) is catching attention with a disruptive lending model that could reshape DeFi.
Ethereum is facing a crucial resistance region, including the 200-day moving average and the descending wedge's lower boundary. The price action at this level is critical, as a potential rejection could lead to a decline toward the $2.5K threshold.
Czech fintech firm BitDCA has integrated Visa and Mastercard support into its upcoming microsaving app, Littlebit, to allow users to invest in Bitcoin through everyday spending. According to a press release shared with crypto.
A Copper analyst suggests that plans to audit Fort Knox's gold reserves could potentially drive investors toward bitcoin.
Ethereum (ETH) price trades today at as of as China's M1 money supply nearly doubled from 60 trillion Yuan to 112 trillion Yuan. Ether prices hit a daily high of today after rising % on.
Coinbase has reached an agreement with SEC staff to dismiss its enforcement case pending final approval from the Commission, pushing Bitcoin back over $99,000. The agreement follows a protracted legal dispute that raised questions about regulatory authority and asset classification.
Bitcoin could make a run for all-time highs if a key support level holds, new BTC price analysis concludes.
Franklin Templeton, the global asset management giant with $1.5 trillion in AUM, has unveiled the Franklin Crypto Index ETF.
TL;DR $2 billion worth of Bitcoin and Ethereum options are expiring today, causing market volatility and uncertainty as traders watch closely. Analysts note a put-to-call ratio below 1 for both BTC and ETH, indicating more bets on price increases, but the max pain theory suggests potential corrections.
The U.S. Securities and Exchange Commission (SEC) has agreed in principle to dismiss the Coinbase case.
If Bitcoin is indeed an entirely new asset class, then we must compare its returns against other asset classes.
Unsurprisingly, crypto investors are nervous about the over $3 trillion drop in Bitcoin's total market cap, and the loss of $54 billion in just 24 hours. President Trump was perceived as the most crypto friendly US leader to ever enter office but his tariff policies have had a negative impact on the entire digital currency market.
According to FOX News correspondent Eleanor Terret, Grayscale's XRP exchange-traded fund (ETF) proposal has officially been posted to the Federal Register, officially starting the 240-day clock for the US Securities and Exchange Commission's (SEC) review process.
The bill will now head to the full senate for a second reading.
Bitcoin (CRYPTO: BTC) supporter and advocate Michael Saylor called on the U.S. government to accumulate BTC to eliminate the national debt and benefit its citizens and taxpayers. What Happened: At the CPAC Conference, Saylor on Thursday championed Bitcoin as the ultimate form of economic sovereignty and sound money.