TL;DR Bitcoin surpassed $98,500 after a 5.65% increase, driven by large volume buyers in the spot market, reviving the “Santa rally.” Optimism grows in the crypto market. BTC reached new local highs and over $40 million in short liquidations in 24 hours.

In a latest X post, Ripple CTO David Schwartz has shared crucial insights into the nature of staking in the crypto market. These comments come at a time when there is a debate going on over whether crypto staking should be considered taxable.

Bullish, an institutional cryptocurrency exchange backed by PayPal co-founder Peter Thiel, has announced the official listing of the Ripple USD (RLUSD) stablecoin. The listing comes after the stablecoin's launch on December 17.

Bitcoin has been struggling to reclaim the $100,000 mark, facing persistent resistance while finding strong support around $94,000. Yesterday brought an interesting twist to the crypto market.

However, the prices of both Bitcoin and Ethereum rose on Tuesday, which could signal a reversal of the current outflow trend.

Here's what you need to know about MicroStrategy's latest BTC plan.

The price of Bitcoin, the leading cryptocurrency by market capitalization, is approaching the $100,000 level once again on Christmas Eve.

The current behavior of Bitcoin's short-term holders pointed at a possible correction before a rebound.

Cardano (ADA) price continues to show volatility, maintaining its position among the top 10 largest cryptocurrencies by market cap despite being down over 18% in the last seven days. The recent downtrend has been marked by bearish technical indicators, including a death cross on its EMA lines and a weak position on the Ichimoku Cloud.

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A new report from the Open Dialogue Foundation details what's coming down the pike regarding regulation around non-custodial Bitcoin and crypto wallets in the European Union, and the organization can use your help as it pushes back against unfavorable proposals.

Last week, Federal Reserve Chairman Jerome Powell wanted everyone to know one thing: the Federal Reserve isn't touching Bitcoin. Not now, not ever.

Bitcoin (CRYPTO: BTC) advocate and MicroStrategy (NASDAQ:MSTR) executive chairman Michael Saylor asserts that Bitcoin's meteoric rise to over $100,000 has decisively proven its legitimacy and laid the groundwork for its potential ascent to $13 million per coin. In a podcast with Tom Bilyeu published on Dec. 17, Saylor predicted Bitcoin will grow at an average annual rate of 29%, fueled by increasing institutional participation and broader educational initiatives aimed at demystifying the asset.

As the market continues to rattle in the wake of last week's hawkish Federal Open Market Committee (FOMC) conference, hopes of a Bitcoin ‘Santa Claus rally' appear snubbed. The post Holiday Cheer Snubbed as Bitcoin Price Plummets 15% – Is the ‘Santa Rally' Dead? appeared first on Cryptonews.

Bitcoin smashed through the $100,000 mark this month, erasing doubts about the career choices of Wall Street elites who risked everything for crypto. These weren't small-time players—they were Ivy League graduates and high-powered financiers from companies like Morgan Stanley and BlackRock.

Bitcoin (BTC) retraced below the $100,000 psychological level, bringing uncertainty for some and a buying opportunity for others. As a display of the latter, exchanges registered over $2 billion in BTC outflow from their accounts in a week – the largest Bitcoin outflow this year.

Cryptocurrency markets are trading higher on Christmas eve, prompting traders to predict a bullish end to the year. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,100.74 +5% Ethereum (CRYPTO: ETH) $3,478.79 +4% Solana (CRYPTO: SOL) $196.49 +6% XRP (CRYPTO: XRP) $2.31 +6.1% Dogecoin (CRYPTO: DOGE) $0.3338 +6.9% Shiba Inu (CRYPTO: SHIB) $0.0000231 +6.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 158.7%.

In December 2024, Bitcoin experienced a slight decline of 2.4%, raising questions about the end of the bull market. Despite this drop, BTC remains a winning asset for the year, with an increase of nearly 50% in the fourth quarter.

Bitcoin's short-term outlook continues to appear negative as volatility mounts in the general crypto market. Over the past few days, the digital asset has dropped as high as 11% since reaching a new all-time high, triggering speculation within the community about an extended price correction to previous support levels.

XRP, the native token of Ripple Labs, has been under the spotlight amidst ongoing uncertainty in the cryptocurrency market. While many major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE), have experienced notable declines in price, XRP has managed to maintain a crucial support level at $2.15 for the past five trading days.

TL;DR In the last 12 hours, around 17 million RLUSD have been transferred. The movements could be linked to Ripple's treasury. The company has made several large-volume transactions, including one of 10 million RLUSD in one hour, aimed at strengthening the liquidity of its stablecoin in the market. XRP has risen 7.

According to widely-followed crypto influencer ‘artchick,' Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) will not be the main meme coin beneficiaries of a rally. The influencer's forecast hinges on Bitcoin (CRYPTO: BTC) maintaining its momentum and Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) outperforming.

Microstrategy's treasury operations secured 3,177 bitcoins last week—worth $299 million—intensifying its aggressive BTC acquisition push and reinforcing its position as the largest corporate bitcoin holder.

Rexas Finance leads the charge in real-world asset tokenization, alongside Shiba Inu, Binance Coin, and Tron, as altcoins poised for exponential growth in the next Bitcoin rally. #partnercontent

A crypto analyst has set an ambitious target between $7 and $13 for the XRP price, basing his predictions on the Elliott Wave theory and Fibonacci levels. According to the analyst's price chart, Wave 2 and 5 could push XRP to these key targets, marking new all-time highs for the cryptocurrency.

It is Christmas Eve, and on the cryptocurrency market, the prices of most of our beloved digital assets are turning holiday green. Currently, the third largest cryptocurrency, XRP, is no exception, as its price jumped over 5.1% from the day's low to its recent high of $2.325.

The year 2024 marked a historic milestone for the cryptocurrency ecosystem. It witnessed the approval of the first Bitcoin and Ethereum exchange-traded funds (ETFs), signaling a seismic shift in institutional adoption.

Bitcoin bulls everywhere may be in for a green Christmas as BTC price action sees a snap rebound.

Bitcoin bulls everywhere may be in for a green Christmas as BTC price action sees a snap rebound.

MicroStrategy (MSTR), the business intelligence firm, is in the news again. This time, there are speculations that the Michael Saylor-led firm plans to issue 10 billion MSTR shares to purchase an additional $3 trillion worth of Bitcoin (BTC).

The ignition of a new phase of the 2024 cryptocurrency bull market in early November appeared to promise a parabolic Christmas for Bitcoin (BTC) but as more recent trading proved, something might have burned out during the rocketing.

ADA, the native token of the Cardano blockchain, appears to be struggling amid ongoing market uncertainty. Adding to the concerns, a recent update regarding Cardano's token unlock has sparked fear among traders and investors about a potential price dip.

In a recent discussion on X, Ripple's Chief Technology Officer David Schwartz provided crucial insights into the nature of staking in the cryptocurrency market.

Recently, during a press conference after the monetary policy meeting, Fed Chair Jerome Powell made it clear that Fed has no intentions of taking part in any government plan to accumulate Bitcoin.

Crypto analyst TradingShot has provided insights into the Bitcoin price recovery to $150,000. He analyzed the Fibonacci levels to provide insights into how Bitcoin could reach this new high, although the analyst suggested that there could be more price correction before that happens.

The Bitcoin market fell a bit in the early hours on Tuesday, but at this point in time, the market is looking to rally a bit. It has been strong since the bounce at the 50 Day EMA earlier.

TL;DR Robinhood has discussed internally the possibility of holding Bitcoin but has no current plans to do so. Despite not holding Bitcoin in its treasury, Robinhood's stock is closely correlated with the cryptocurrency's performance.

Michael Saylor, founder of MicroStrategy business intelligence firm, who is currently its executive chairman in charge of its Bitcoin strategy, has taken to the X social media platform to reveal last week's net benefit paid to the company's BTC shareholders.

Bitcoin (BTC) and Ethereum (ETH) together carry more than $19.8B in options expiries this December 27, potentially signaling market volatility.

Ripple's RLUSD stablecoin has been on the market for almost a week now, and its progress is growing by the day. Launched on Dec. 18 on both the Ethereum and XRP Ledger (XRPL) blockchains, the dollar-pegged stablecoin's market cap currently stands at $53.06 million, giving RLUSD a 3,032, according to CoinMarketCap's ranking.

As Bitcoin rallies toward a potential $180,000 mark, savvy investors are searching for undervalued altcoins with significant growth potential. While Solana has garnered attention, alternatives like Rexas Finance (RXS), Cardano (ADA), and PEPE present promising opportunities. These tokens stand out due to their unique features, affordability, and potential for exponential gains in the coming months.

The clock is ticking on Bitcoin's total supply. According to Bitcoin historian Pete Rizzo, there are now officially less than 1.2 million BTC left to be mined.

On-chain data reveals that there has been a “parabolic” rise in the number of wallets holding onto the native token of the XRP Ledger, XRP, as the value of the cryptocurrency rose more than 310% after Republican presidential candidate Donald Trump won the U.S. elections.

As 2024 approaches its end, crypto enthusiasts are waiting for the “Santa Claus Rally”. Will the kind of crypto close the year with a boom or will we see a silent closing? Bitcoin is hovering around $96,316 with a slight dim of 0.35% from December opening.

Bitcoin's rise and subsequent fall from its new ATH of $108,200 spurred quite a bit of market activity. Last week's price volatility led to spikes in both spot and derivatives trading, with rising volumes and sky-high liquidations showing the market's aggressive reaction to the price drop.

Though it is undeniable XRP had an excellent run in November, and that it, despite the turbulence, retains much of the recent gains, it is equally clear that, last week, the token fell upon tough times.

Bitcoin has danced between $95,575 and $96,050 in the past hour, boasting a market cap of $1.87 trillion, with trades totaling $56 billion in the last 24 hours, and prices swinging from $92,441 to $95,674 within the day.

Cardano (ADA), the ninth-largest cryptocurrency by market capitalization, has recorded significant profit margins in its holding addresses. Despite ADA's price dipping below the $1 mark, this positive development is occurring.