Magnetic X one of the fastest-growing decentralized exchanges built on the XRP ledger recently successfully defended a major distributed denial of service (DDoS) attack. The attack that was directed at the platform earlier was supposed to disrupt its services by flooding the system with requests.
Recent analysis shows that Bitcoin has officially broken out from important resistance levels. According to analyst Josh of Crypto World, this bullish trend follows a period of lower highs and lows, signaling a shift towards a more sustained bullish market.
Bitcoin made its second attempt to break free of the $68,300 resistance and faced rejection one more time. However the price is stable and BTC is trading around $67,670. A lot of whale movements have been detected after months which raises some concerns.
A proposal to change the blob gas target and max values on Ethereum comes seven months after blobs were introduced in the blockchain's Dencun upgrade in March.
Bitcoin (BTC) is poised for a significant price surge. Ömer Ergin, known as Rekt Capital, recently shared insights with his followers that suggest Bitcoin is on the brink of a major upward movement, following historical patterns observed in previous market cycles.
The SEC has submitted a "Civil Appeal Pre-Argument Statement," also known as Form C, appealing Judge Analisa Torres' ruling on XRP.
Today, the SEC shared specific details about its appeal regarding the Ripple XRP lawsuit. For the past two weeks, it was clear the SEC intended to appeal, and they have now filed a Form C to outline their arguments.
Corners of financial markets that could feel the impact of a Donald Trump victory are stirring again, as the U.S. presidential race tightens with less than three weeks until Election Day.
BlackRock, the issuer of the IBIT ETF, acquired more than $680 million in Bitcoin in the last two days. This comes as IBIT, one of the most successful ETFs, is spiking in price.
The Bitcoin market has stabilized after a volatile start to the week. Bitcoin has faced significant resistance at levels around $67,500 to $68,000. After rejecting this resistance, a pullback seems likely. Although Bitcoin has shown strength recently, the current economic fundamentals could contribute to a downturn.
Cryptocurrency Prices Today, October 18: The broader market on Friday again showcased mixed actions, sparking investor speculations globally. Although Bitcoin (BTC) price briefly touched the $68K mark today, Ethereum (ETH), Solana (SOL), and XRP prices encountered market volatility.
BTC's price rally fuels bullish sentiment, with supply shortage signalling more gains.
On-chain data shows around 95% of all Bitcoin holders are in profit following the latest bullish action that the asset's price has seen. Very Few Bitcoin Addresses Are Still Underwater In a new post on X, the market intelligence platform IntoTheBlock has shared an update on how the Bitcoin holder's profitability is currently looking.
BitMEX co-founder Arthur Hayes predicts Bitcoin's price will rise alongside surging oil and energy prices if tensions between Iran and Israel boil over.
The SEC's appeal could prolong regulatory uncertainty for Ripple and the crypto industry, impacting market dynamics and investor confidence. The post SEC targets Ripple's XRP sales on exchanges, distributions of XRP to employees in new filing appeared first on Crypto Briefing.
XRP price is holding gains above the $0.5450 zone. The price seems to be eyeing more gains above the $0.5550 and $0.5650 levels in the near term.
The cryptocurrency market has been rocked by an extraordinary wave of liquidations, with nearly $300 million wiped out in just one day. This surge is primarily attributed to a significant rally in Bitcoin's price, compelling many traders to exit their positions under duress.
Nansen revealed its new blockchain analytics platform for Solana. The integration aims to provide Web3 investors with the network's detailed on-chain data and offer better tools for blockchain analytics.
Ethereum price is consolidating gains above the $2,580 resistance. ETH could gain pace if it clears the $2,650 resistance zone.
The U.S. Securities and Exchange Commission has submitted Form-C with detailed appeal on October 17. Social media was filled with speculations if the SEC has missed the deadline. We unveiled in yesterday's news that it was not the case.
Bitcoin and Ethereum continued trading flat even as equities notched fresh record highs. However, Dogecoin moved higher on Thursday.
Bitcoin has regained its dominance in the cryptocurrency market, with its market share climbing to an impressive 58.98%. This marks the highest level of dominance for Bitcoin since April 2021, reflecting a broader trend in which the leading cryptocurrency is outperforming its altcoin counterparts.
Recent reports have revealed that Ethereum has had a challenging run, underperforming compared to other major cryptocurrencies. However, despite this, some positive signs may be on the horizon.
Bitcoin Spot ETF cost an average of $57K which is crucial for current bull rally.
A Russian crypto expert has backed Bitcoin to reach $70k to $75k by the end of this month, following a recent price surge.
A Bitcoin wallet from 2011 that had been inactive for over 13 years has suddenly moved more than $10 million worth of BTC. This transaction is the second such occurrence within the same week, raising questions about a potential connection between the two events.
Bitcoin price holding gains above the $67,000 resistance zone. BTC is now consolidating and aiming for more gains above the $68,350 resistance.
Morgan Stanley Bitcoin ETF holdings have reached $272.1 million, representing 0.02% of its $1.2 trillion in assets.
Recently, Bitcoin transactions involving large amounts, known as whale transactions, have surged to their highest level in over 10 weeks. On Tuesday, there were 11,697 transfers of $100,000 or more, and Wednesday also showed strong activity.
Solana is a blockchain built for mass adoption. Its a high-performance network that is utilized for a range of use cases, including finance, payments, and gaming.
While the SEC isn't contesting the ruling that XRP sales to retail investors aren't securities, it is instead focusing on other key aspects.
The spot Bitcoin exchange-traded funds (ETFs) launched earlier this year after securing approval from the U.S. Securities and Exchange Commission have surpassed $20 billion in total inflows, with BlackRock's iShares Bitcoin Trust (IBIT) leading with $22.4 billion inflows.
Bitcoin (BTC) is trading slightly lower in South Korea compared to the global cryptocurrency markets due to a reverse ‘kimchi premium,' not seen since October 2023. Reverse ‘Kimchi Premium' Makes Bitcoin Cheaper In South Korea According to a report by The Korea Times, there is a price differential of more than $500 between Bitcoin's price in South Korea and global markets.
The legal confrontation between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to capture attention in the cryptocurrency community. As the case unfolds, many investors are left pondering its implications for XRP, Ripple's native token.
Bitcoin (BTC) has continued its ascent in recent weeks, reclaiming major highs. However, recent analysis suggests that the $57,000 level could be one of the most critical support points for the ongoing bull rally.
Ethereum (ETH) continues to navigate a dynamic market landscape, recent indicators suggest a growing potential for the cryptocurrency to reach the $3,000 mark. With an uptick in active addresses, significant exchange outflows, and bullish technical signals, Ethereum appears to be positioning itself for a price rally.
The US SEC took the next steps in appealing a previous judgment in its ongoing legal battle with Ripple Labs.
XRP sees volatility as the crypto community speculates about the SEC's appeal filing delay in the Ripple case.
Nearly 70% of institutional investors holding Ethereum (ETH) are engaged in staking, with 52.6% of them holding liquid staking tokens (LSTs), according to a Blockworks Research report. Nearly half of institutional investors staking ETH prefer to use only one integrated platform, such as Coinbase and Binance.
Former Bitmex CEO Arthur Hayes sees a bitcoin bull market on the horizon, driven by soaring energy prices and rampant inflation as Middle East tensions escalate. He argues that rising costs will send BTC's value surging in fiat terms, with newly printed dollars flooding the market.
The cryptocurrency market is witnessing a significant shift as Bitcoin whale wallets—accounts that hold vast amounts of Bitcoin—are increasing their holdings at an unprecedented rate. Recent data from Crypto Quant, an on-chain analytics platform, reveals that these whale wallets have accumulated nearly 1.97 million BTC in 2024 alone.
As it gets closer to forming a golden cross, Shiba Inu is exhibiting indicators of a possible breakout. The 50-day moving average crossing above the 200-day moving average is a bullish pattern that frequently results in a substantial increase in market momentum.
Crypto analysts Amonyx and Egrag Crypto have provided a bullish outlook for the XRP price with “something big” on the horizon. Based on their analysis, the long-awaited price breakout for XRP could soon happen.
Bitcoin is witnessing a surge in network activity as large investor transactions, also known as whales, have skyrocketed significantly to new highs in light of recent broader market confidence. In comparison to the trading volume in the past few days, the growth is notable as the crypto asset's price has started to recover from its lows.
Solana's recent DEX volume dominance against Ethereum sparks speculation of a major bull run on the horizon.
Ripple pledged a $1 million multi-year commitment to the cause.
The U.S. Securities and Exchange Commission (SEC) has officially appealed the XRP ruling by Judge Analisa Torres, reigniting the legal battle over whether XRP sales on crypto exchanges qualify as securities. The regulator challenges key aspects of the court decision, including rulings that cleared Ripple executives and non-cash XRP distributions.