Cryptocurrency markets are trading higher on Friday as the stock market continues to have a bullish outlook for 2025. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $101,697.15 +2.2% Ethereum (CRYPTO: ETH) $3,931.03 +1.6% Solana (CRYPTO: SOL) $224.50 -1.5% XRP (CRYPTO: XRP) $2.43 +3% Dogecoin (CRYPTO: DOGE) $0.4063 +0.4% Shiba Inu (CRYPTO: SHIB) $0.00002846 +1.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 13.1% and daily active addresses growing by 3.8%.
As December unfolds, the crypto market is brewing with intriguing predictions. The XRP price is currently drawing attention with a potential bullish reversal that could push it to $10. At the same time, a Ripple rival, WallitIQ (WLTQ), is predicted to experience an explosive surge to $14 from its current price of $0.
Ethereum has been encountering a significant obstacle at the $4,000 price level, despite its impressive rally earlier in December. On December 6, Ethereum briefly surpassed $4,000, reaching a high of $4,093.
Investment firm VanEck anticipates a bullish cryptocurrency market in 2025, projecting Bitcoin to peak at $180,000, Ethereum to surpass $6,000, and Solana to climb beyond $500.
Analysts say Bitcoin's 2025 cycle target begins at $175,000 and could extend above $461,000.
The cryptocurrency space has witnessed significant growth in developer activity in 2024, with Solana emerging as a surprising leader in attracting new developers, surpassing Ethereum for the first time. According to Electric Capital's 2024 Developer Report, Solana has attracted 7,625 new developers, surpassing Ethereum's 6,820 new developers.
SkyBridge Capital founder Anthony Scaramucci voiced optimism about the state of the crypto market, sharing a personal anecdote to back up his assessment. What Happened: In an interview with DL News on Dec. 13, Scaramucci revealed that he's upgrading his 2022 Lamborghini to a 2026 model, reflecting his confidence in the ongoing bull market.
VanEck projected significant developments for the crypto industry in 2025, ranging from a dual-peaked bull market to the US adopting Bitcoin as a strategic reserve asset. The firm's 2025 predictions report envisions milestones that could redefine the role of digital assets in global finance, driven by regulatory clarity and institutional momentum.
KaJ Labs is investing $100M in AI tools for Ripple's ecosystem to enhance automation, analytics, and decentralized enterprise operations.
CryptoQuant, a prominent blockchain analytics platform known for its institutional-grade cryptocurrency market analysis, has suggested Ethereum (ETH) could surpass the $5,000 mark based on its proprietary price band analysis.
Bitcoin (BTC) whales accumulate assets as the price exceeds $100K. The last dip, which saw the asset's price below the level, triggered diverse reactions as traders repositioned holdings.
XRP, one of the leading cryptocurrencies by market capitalization, has started trading on Arkham Exchange, according to a Friday announcement.
The Digital Chamber founder and CEO Perianne Boring explains why bitcoin could hit $800,000 with Trump's economic proposals.
The United States President-elect Donald Trump has restated his commitment to make the country a digital asset powerhouse. This adds to the plans and policies Trump has rolled out for the industry ahead of the inauguration.
XRP, Ripple Labs' native token, appears to be consolidating within a tight range for over a week. Amid this consolidation and the market uncertainty, crypto whales and long-term holders have shown strong interest in the altcoin, following the formation of a bullish price action pattern, as reported by the on-chain analytics firm Santiment.
Singapore-based crypto service provider Matrixport predicts that Bitcoin may reach as high as $160,000 by 2025. In a newly released report, titled Matrix on Target (Issue #2024-112), the firm outlines a scenario in which increased institutional adoption, macroeconomic evolution, and broadening global liquidity could push the leading cryptocurrency to unprecedented levels.
Bitcoin (BTC) whales are back in action, selling the cryptocurrency in significant volumes. This surge in selling pressure coincides with BTC's return to $100,000, raising concerns about its ability to maintain this key threshold.
CleanSpark joins the crowd in raising funds through convertible notes, but doesn't plan to invest the proceeds.
The makers of Pudgy Penguins are launching a Solana token. Here's what you need to know about the airdrop, launch plans, and tokenomics.
Bitcoin's recent surge toward the $100,000 mark has raised widespread excitement, but also raised concerns regarding the sustainability of the rally. While this price level signifies an important milestone for the world's largest cryptocurrency, market observers are cautious about whether Bitcoin can maintain its current trajectory or if it will face a retracement.
Bitwise CIO Matt Hougan highlights critical signals, including Trump's public speech, the success of Bitcoin ETFs and BlackRock's recommendations, suggesting Bitcoin's path to $1 million. The post Bitwise CIO Highlights Key Signals for Bitcoin's Path to $1 Million appeared first on Cryptonews.
U.S. asset manager VanEck has published its predictions for cryptocurrency prices in 2025, anticipating further bullish price action next year. Prediction #1: New Highs For The Crypto Bull Market VanEck expects the crypto market to reach a medium-term peak in the first quarter of 2025, with Bitcoin (CRYPTO: BTC) potentially hitting $180,000 and Ethereum (CRYPTO: ETH) exceeding $6,000.
A closely followed crypto analyst believes that the altcoin market is entering an uptrend after bottoming out.
The cryptocurrency market in 2024 has been a year of contrasts, marked by significant milestones and lingering economic uncertainty.
In a bold prediction on Fox Business, Perianne Boring, CEO of the Digital Chamber, asserted that President-elect Donald Trump's economic policies could position the U.S. as a global leader in bitcoin adoption, potentially driving the asset's price to an unprecedented $800,000 by 2025.
Satoshi Yamada asked the Japanese government whether it could "convert part of its foreign exchange reserves" into Bitcoin or another token.
LINK's pattern, similar to Ethereum's, suggested a potential rally as Futures Open Interest hit new ATHs.
Bitcoin miner Riot Platforms has significantly expanded its BTC holdings. As of December 12, it acquired 5,117 BTC for $510 million.
Bitcoin mining company Riot Platforms is solidifying itself as a major player in the crypto market. Between December 10 and 12th, 2024, Riot has made a significant purchase of 5,117 Bitcoins for $510m.
Solana (SOL) price, a layer 1 blockchain, has shown a strong upward trend in the crypto market. Starting from early November, the price of SOL has soared, overcoming multiple resistance levels as bullish sentiment grows.
Crypto analyst Dark Defender has suggested that the XRP price is at a critical point as it decides its next move. This came as the analyst highlighted price targets to watch out for as the bull flag on XRP's chart has fully formed.
Dan Morehead, founder and managing partner of Pantera Capital, made it clear that he thinks crypto is a better reserve investment than gold.
XRP's price movement on Dec. 13, 2024, reflects an intricate mix of bullish energy and moments of hesitation, with signals across various timeframes hinting at potential breakout opportunities. XRP On the 1-hour chart, XRP shows a short-term uptrend, bouncing from $2.286 to $2.48. However, the appearance of small-bodied candles near $2.48 suggests uncertainty among traders.
AMP Limited, an Australian pension and wealth fund, invested approximately $17.2 million into Bitcoin futures. The firm has no plans to make further investments at this time.
Technical analysis of Solana, Sui, and Ava highlighting key patterns, potential price targets, and risks at critical price levels.
Frank Ahlgren, an early Bitcoin investor from Austin, Texas, has been sentenced to two years in prison for tax fraud related to his unreported cryptocurrency gains. This case marks the first criminal tax evasion prosecution in the United States centered entirely on cryptocurrency, according to the Department of Justice (DOJ).
Riot Platforms, a leading Bitcoin mining company, has acquired 5,113 BTC for $510 million. According to a Dec. 13 post on the social media platform X (formerly Twitter), the company said the Bitcoin was bought at an average price of $99,669 per BTC, including fees and related expenses.
Cardano (ADA) has surged over 100% in the past 30 days but has declined nearly 4% in the last week, indicating short-term selling pressure.
In a latest blog post, VanEck has outlined its top 10 crypto predictions for 2025. VanEck predicts the Crypto bull market to hit a medium-term peak in Q1 and set new highs in Q4. It believes that the crypto bull market will persist through 2025, reaching its first peak in the first quarter.
BlackRock's spot Ethereum ETF capped off a 16-day streak of inflows with a $200 million bump Thursday, pulling in $1.5 billion since Nov. 20.
TL;DR VanEck projects Bitcoin will reach $180,000 and Ethereum will surpass $6,000 in 2025, followed by a correction of up to 60% in altcoins during the summer. The Trump administration will push pro-crypto policies, with expectations of new state Bitcoin reserves and the approval of innovative financial products.
VanEck predicts Bitcoin will hit $180,000 in 2025 and anticipates the US establishing a Bitcoin strategic reserve under a pro-crypto administration. The post VanEck sees Bitcoin at $180K with a US Bitcoin reserve in 2025 appeared first on Crypto Briefing.
Frank Richard Ahlgren, a US Bitcoin investor, was sentenced to two years in prison for failing to report $4 million in crypto capital gains.
Bitcoin is wrapping up its final fourth and fifth waves, ideally reaching $115K before a significant decline can start.
The app lets users pay any merchant in Kenya that accepts digital payments via M-PESA with bitcoin over Lightning.
Solana meme tokens are still highly active, with five assets breaking the $1B market cap barrier. AI agents are also boosting Solana meme activity.
Bitcoin miners have earned over 70 billion dollars since the creation of the Bitcoin network. An analysis reveals that BTC users have paid miners a total of 71.49 billion dollars, which represents just 3.6% of the record market capitalization of 2 trillion dollars reached by Bitcoin.