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news-imageDecember 22, 2024

Dogecoin Down 23% This Week as Bitcoin and XRP Stumble After Surges

Bitcoin has plunged 12% in the last five days since setting a new high, while Dogecoin and XRP have fallen hard after recent milestones.
Publisher: Decrypt
Sentiment: Negative
BTC
DOGE

More News Articles

Positive
cover-imageBenzinga
December 22, 2024

Scaramucci Defends MicroStrategy's Bitcoin Strategy, Predicts Long-Term Crypto Growth

Anthony Scaramucci, founder of SkyBridge Capital, has dismissed concerns surrounding Michael Saylor and MicroStrategy Inc., suggesting fears of a potential collapse due to Bitcoin's (CRYPTO: BTC) volatility are exaggerated. What Happened: In an interview on Friday, Scaramucci pointed to Saylor's long-term debt strategy as evidence of MicroStrategy's resilience.

Neutral
cover-imageCoinPedia
December 22, 2024

UAE Holding $40 Billion Worth Bitcoin? Truth or Rumour?

Recent chatter in the crypto world has revolved around a bold claim that the United Arab Emirates (UAE) recently witnessed its Bitcoin holdings reach an impressive $40 billion. Perhaps prominent crypto commentator Bitcoin Archive raises questions over this news citing the lack of evidence supporting this bold news.

Negative
cover-imageBitcoinist
December 22, 2024

$73 Million Exodus: BlackRock Bitcoin ETF Suffers Record-Breaking Outflow

A major player in the cryptocurrency market found itself on an unusual side of history after experiencing its largest outflows in months. Related Reading: Fed Can't Hold Bitcoin, No Plans Yet To Change Law, Powell Says The leading asset manager BlackRock ended the inflow streak of its Bitcoin exchange-traded fund after recording a $72.

Negative
cover-imageUToday
December 22, 2024

XRP Price May Fall to $1 as in 2018, Bollinger Bands Signal

After a huge surge of almost 500% in recent weeks, the price of XRP, currently the third largest cryptocurrency, seems to be finding its local ceiling. While in line with the performance of the broader cryptocurrency market, there's a possibility that XRP may not stop correcting there and eventually find a stop to the recent downward movement much lower than the current level of $2.26.

Negative
cover-imageThe Currency Analytics
December 22, 2024

Bitcoin ETFs See Record Outflows as Market Uncertainty Looms

The cryptocurrency market faced a significant setback this week as Bitcoin ETFs recorded unprecedented outflows. The trend has raised concerns about investor confidence, with major players like BlackRock and Fidelity witnessing their largest withdrawals since inception.

Positive
cover-imageCryptopolitan
December 22, 2024

UAE now holds $40 billion in Bitcoin

The United Arab Emirates (UAE) now holds $40 billion in Bitcoin, according to a report shared by Binance founder Changpeng “CZ” Zhao. The Gulf nation has spent years building the foundation for this moment.

Positive
cover-imageCryptonews
December 22, 2024

Global Banks Adoption May Drive XRP Price

Ripple's XRP gains traction as global banks adopt crypto services, supported by Ripple's technology. Whale activity signals confidence in XRP's growing utility. The post Global Banks Adoption May Drive XRP Price appeared first on Cryptonews.

Positive
cover-imageCointribune
December 22, 2024

An Eco-friendly Bitcoin ETF Is Soon To Be Approved By The SEC

Nate Geraci, a well-known expert in the field of Bitcoin ETFs, recently expressed his optimism about the launch of an unusual fund proposed by Nexo, a major player in fintech. This fund, named Nexo 7RCC, combines investments in spot bitcoin and futures contracts on carbon credits, a first in the ETF sector.

Neutral
cover-imageUToday
December 22, 2024

DOGE to Moon or Ground? Dogecoin Creator Breaks Silence on 2025 Forecast

The future of Dogecoin (DOGE) is up in the air as 2025 draws near, and even its creator, Billy Markus, also known as Shibetoshi Nakamoto, has not offered any solid clues. When a follower asked him about the potential peak of DOGE by the end of December, Markus responded with a characteristically nonchalant "no idea" GIF, reflecting the unpredictability surrounding the cryptocurrency.

Negative
cover-imageThe Currency Analytics
December 22, 2024

Bitcoin Faces Major Correction Amid Coinbase Selling Surge

Bitcoin has experienced a notable price correction, dropping by 15% from its recent all-time high of $108,300. This sharp decline signals a rapid shift in market sentiment, transitioning from an extremely bullish outlook to one characterized by uncertainty and caution.

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