The Lido community has voted to end staking services on Polygon, due to significant challenges that has limited adoption. Lido Shuts Down Polygon Staking Lido Finance has announced it will be effectively discontinuing its staking service on Polygon. According to a Dec.

As Ethereum attempts to rally alongside Bitcoin, the asset appears to have been spotlighted as analysts assess its fundamentals to grasp what is ongoing behind the scenes. A key factor influencing ETH's price so far, according to the latest analysis, is the relationship between net flows on spot exchanges and investor behaviour.

Ethereum spot ETFs witness increased institutional interest, recording a $145 million net inflow. According to statistics from SoSoValue, Ethereum (ETH) spot ETFs had a notable net inflow of $145 million on Dec.

Ethereum spot exchange-traded funds (ETFs) have logged 16 consecutive days of positive daily inflows, renewing optimism for ETH's potential new all-time high (ATH) in the coming weeks. However, for ETH to reach this milestone, it must surpass the critical resistance level of $4,000.

Bitcoin is shooting for the moon again on the current macro market cycle. But since the start of November, Ripple nearly went parabolic.

Ripple's Chief Technology Officer (CTO), David Schwartz, has confirmed that the recent reduction in XRP Ledger (XRPL) account reserve fees is aimed at unlocking more XRP for users, making the platform more accessible. The changes reflect Ripple's continuous efforts to improve the XRP Ledger in response to the growing global adoption of cryptocurrencies.

The start of the week was extremely bullish, as the Bitcoin price broke out of consolidation and surged above $107,700, forming a new ATH. This triggered a massive bullish wave across the markets, with more altcoins gaining strength and printing huge bullish candles.

It looks like the clouds are clearing for Ripple as recent events have given it a boost, possibly changing the course of its legal battle. Trump's promise to fire SEC Chair Gary Gensler on day one seems to be coming true, as Gensler announced his resignation on January 20, the same day Trump is inaugurated.

Bloomberg analysts Eric Balchunas and James Seyffart predict a significant surge in cryptocurrency exchange-traded funds (ETFs) in 2025.

XRP surged 13% in the past 24 hours, trading at $2.69, with a weekly increase of 21%.

Ethereum whale wallets now control 57% of the total Ether supply, marking the highest concentration of holdings since Ethereum's launch in 2015.

XRP has been on an upward trajectory, showing a steady increase in price and momentum. Currently trading at $2.51, the popular altcoin has been building bullish momentum over the past few days, up 4.21% since December 15.

The year 2024 is ending with Bitcoin touching the new ATH of $107K and maximum altcoins trading in green. Factors adding to this rally are major expectations of lower interest rate cuts in December, as it typically helped Bitcoin. Another factor that boosted this rally was the inclusion of MicroStrategy in the Nasdaq 100 index.

On-chain data shows the most massive Ethereum whales control most of the supply, with their holdings only continuing to grow.

Great news for the crypto industry: SEC Commissioner Caroline Crenshaw will not be renominated. According to Fox Business' Eleanor Terrett, a Senate aide confirmed that the Senate Banking Committee's scheduled vote on her nomination has been canceled.

XRP price started a fresh increase above the $2.50 zone. The price is now consolidating gains and might soon aim for a move above the $2.62 resistance.

Ripple's XRP rallied beyond $2.71 on December 17 after the launch of the much-awaited RLUSD stablecoin. However, XRP has hit reverse after touching $2.71 and is now trading at $2.55 level. XRP has strong support near the $2.40 levels and currently, the market is moving in the right direction and may rise slightly higher.

Bloomberg ETF analysts Eric Balchunas and James Seyffart expect Litecoin and Hedera will also get spot ETFs, but aren't convinced there'll be much demand for them.

Ethereum price failed to settle above the $4,000 zone. ETH is correcting gains and might struggle to stay above the $3,820 support zone.

Ethereum has made a significant move, surging past the $4,000 mark once again, and market analysts are buzzing with optimism. This latest breakout comes amid a period of strong whale accumulation, with a concentration of Ether (ETH) among large holders.

Ripple's RLUSD stablecoin launch drives XRP demand amid SEC scrutiny. Will the Crenshaw vote further boost XRP's price?

CoinShares, a leading digital asset investment firm, reported that this new record boosts the total institutional crypto investment for the year to $44.5 billion. As institutional interest continues to surge, Bitcoin and Ethereum remain at the forefront of this growth, though altcoins like XRP, Polkadot, and Litecoin are also drawing increasing attention.

The Omni Network debuts its Core mainnet to address Ethereum's rollup fragmentation challenges, introducing a unified platform for cross-chain communication and enhanced DeFi development.

XRP, the cryptocurrency developed by Ripple for fast and low-cost payments, has been under the radar of many traders and analysts recently. Now, one seasoned crypto strategist believes that XRP could be on the brink of an extraordinary surge, potentially increasing by 719%.

The cryptocurrency market has been experiencing a phase of consolidation following Bitcoin's recent surge, and altcoins like Litecoin (LTC) and XRP are mirroring this trend. Both tokens have been caught in long-term symmetrical triangle patterns, signaling potential breakouts.

Ethereum's belief phase and positive on chain metrics signals a potential breakout.

Bloomberg analysts forecast a wave of crypto ETFs, featuring XRP and Solana, in 2025 amid SEC changes and market shifts. The post Bloomberg analysts predict wave of crypto ETFs in 2025, targeting XRP, Solana, and HBAR appeared first on Crypto Briefing.

Wormhole is working with Nuffle Labs on a solution to expand EigenLayer's restaking functionality beyond the Ethereum ecosystem.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently shown signs of potential price weakness after a strong price surge. As the price nears a critical resistance level, both whales and long-term holders appear to be pulling back, fueling speculation that a decline may be imminent.

Ethereum reclaims $4,000 amid improving market sentiment Long-term holder metrics indicate early bull market phase MVRV ratio suggests room for continued appreciation

Ethereum ENS Labs has picked Consensys' Linea's technology to develop its upcoming Layer-2 network project

Juan Leon, senior investment strategist at Bitwise Asset Management, believes Ethereum is primed for a significant resurgence in 2025. In a blog post published Dec. 17, Leon argues that Ethereum, despite being overshadowed in 2024, stands to gain tremendously from the $100 trillion market for real-world assets.

A notable financial expert and wealth mentor, Linda Jones, has explained why XRP is a good long-term investment. In her video “Why Do I Hold XRP?

A widely followed crypto analyst says Ethereum (ETH) looks primed to move higher after exhibiting price stability during the last two weeks.

Eric Balchunas, one of the leading ETF analysts, has poured cold water on the prospects of an XRP exchange-traded fund being approved by the U.S. Securities and Exchange Commission (SEC) in the near future.

Cryptocurrency markets are trading sideways on Tuesday, as markets await the Federal Reserve's interest rate cut decision. The Fed is expected to announce its third consecutive reduction with a 25-basis-point rate cut.

The recent launch of Ripple's stablecoin initiative has drawn attention and profit-taking from early investors. While XRP continues to hold long-term potential, many investors are now looking to capitalize on other emerging opportunities with higher ROI potential.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Mike Belshe of BitGo explains what the distribution of payments from FTX's bankruptcy will mean for the crypto market.

On Dec. 17, Ripple announced that the trading of its new dollar-backed stablecoin, Ripple USD (RLUSD), had gone live on multiple exchanges around the world: The stablecoin launched on both the XRP Ledger and Ethereum blockchain, ensuring broad accessibility and interoperability.

"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry Tuesday as the launch of Ripple's RLUSD sparked an XRP trading frenzy. Plus, the latest on MiCA and Tether's investment in European stablecoin company StablR.

XRP has rallied 10% in 24 hours after RLUSDs launch sparked a wave of bullish sentiment. Analysts suggest this surge could be the start of a bigger rally, projecting XRP may reach $5 by targeting new resistance levels.

In this ongoing bull run, XRP, the native token of Ripple Labs, is making waves in the market with its impressive performance and has gained significant attention from crypto whales.

Ethereum is gaining momentum, fueled by record ETF inflows and bullish technical indicators, with a potential breakout in 2025.

The protocol seeks to unify the fragmented Ethereum Layer 2 ecosystem by facilitating cross-chain communication and interoperability.

The regulatory winds have shifted with President-elect Donald Trump and the most pro-crypto Congress ever assembled set to take office.

A wave of cryptocurrency ETFs is expected to hit the market in 2025, with Litecoin (CRYPTO: LTC) and HBAR (CRYPTO: HBAR) possibly getting approved ahead of Solana (CRYPTO: SOL) and Ripple (CRYPTO: XRP), according to Bloomberg Intelligence ETF analyst Eric Balchunas.

The official X account of Ripple CEO Brad Garlinghouse has now surpassed 1 million followers.