According to the latest on-chain data, demand for Bitcoin, the world's largest cryptocurrency, has been picking up pace over the last few days.
To put this in perspective, consider the chart of the logarithm of Bitcoin's price, and let's forecast it forward.
Next week marks a turning point in the price action of XRP with multiple important factors that could have a big impact on its short-term performance. The provided chart shows that following a significant decline in late September, the asset has been consolidating around the $0.53 mark.
According to data from SoSoValue, the US-based spot Bitcoin ETFs have recorded over $300 million in net inflows over the past week, representing a return to the market's positive trajectory after a bearish first week in Q4 2024. Meanwhile, the Spot Ethereum ETFs still retain a negative performance despite a reduction in net outflows.
A Newport-based IT engineer, James Howells, is suing the Newport City Council for £495 million (around $647 million) after inadvertently discarding a hard drive containing 8,000 Bitcoin during a home cleanout in 2013.
Here's the risky aspect of short-term BTC breakout prospects
The chief executive of market intelligence firm CryptoQuant says that Bitcoin (BTC) is nearing the longest sideways consolidation period ever during one of its halving years.
Ripple's stablecoin, RLUSD, has been getting a lot of attention in the crypto community as the company is currently testing the beta version to ensure that Ripple USD is reliable and secure. For weeks now, many crypto enthusiasts have been seeing reports of the stablecoin being burned, minted and transferred.
As Bitcoin (BTC) navigates an unusually calm ‘Uptober,' a trading expert believes a review of technical indicators and the asset's past performance suggests a new record might be in the offing.
Mt. Gox's expected Bitcoin repayment has been delayed. When will this decision take effect, and how could it affect the crypto market and Bitcoin price?
BlackRock's Larry Fink has outlined his plan for bitcoin, ethereum and crypto
According to CryptoQuant CEO Ki Young Ju, Bitcoin's Google search volume has now hit another yearly low.
You are not alone if you are disappointed that you did not invest in Bitcoin (BTC) when it first launched
The Bitcoin price has been relatively quiet in October, but things seem to be looking up after the premier cryptocurrency broke the $63,000 mark on Saturday, October 12. However, the crypto has to scale a major resistance level if the current bull run is to get back on track.
The heart of Ripple's cross-appeal centers on a recent court ruling that determined the sale of XRP to investors did not violate securities laws. Ripple is not just defending itself but actively seeking to overturn this ruling.
Bitcoin is currently holding above the $62,000 mark following a 5% surge from lower demand in the past few days. While the market grapples with uncertainty, recent data from Coinglass indicates that Bitcoin's volatility has significantly decreased during this period of sideways trading.
The four-year-long battle between Ripple Labs and the U.S. SEC has entered a new lawfare stage. In a recent post on X, Brad Garlinghouse voiced his frustration with the SEC, criticizing the agency for ignoring the court's decision on XRP.
Bitcoin has come a long way in 15 years, but it might just be getting started.
XRP is currently testing a crucial resistance level that will shape its price action in the coming weeks. After the euphoria surrounding the Federal Reserve's interest rate cuts in late September, the market is experiencing uncertainty and anxiety.
Bitcoin's price remains calm at around $63K but some altcoins are charting massive gains.
MicroStrategy co-founder Michael Saylor has jokingly stated that the only thing that is better than Bitcoin is actually more Bitcoin.
Seasoned trader Peter Brandt is warning that Bitcoin (BTC) has historically witnessed a massive meltdown after failing to print new record highs for a certain amount of time.
Chris Larsen, co-founder of Ripple, has contributed $1 million in cryptocurrency to a political action committee backing Vice President Kamala Harris.
Concerns about bitcoin's price staying in the optimism zone are high, mainly as the U.S. government could soon sell $4.3 billion worth of BTC.
The Bitcoin bull cycle is still ongoing and the crypto queen is expected to experience a sustainable explosion in 2025!
Bitcoin recently experienced a significant price drop, reaching a three-week low of $58,900 amid a market sell-off influenced by whale activity. Despite this decline, many traders are viewing the situation as a potential buying opportunity, signaling a shift in market sentiment.
According to the latest on-chain data, liquidity in the cryptocurrency markets has reached an all-time high. Here's the implication of the rising liquidity on the price of Bitcoin and its future trajectory.
The cryptocurrency market continues to be a mixed bag of uncertainty and opportunity as Bitcoin (BTC) battles to maintain its footing. In contrast, Solana (SOL) is testing a vital support level, leaving investors wondering about the future of these digital assets.
Bitcoin [BTC] has entered a critical psychological level, a zone that historically determines the market's next big move. With investors watching closely, Bitcoin's current price range is creating speculation about whether a rally is imminent or if a dip below $60,000 will trigger further declines.
The conflict began when the SEC claimed that Ripple's sales of XRP violated securities laws. This assertion triggered significant debate, with many in the crypto community arguing that XRP should not be classified as a security.
The former investigator took a hefty bribe in bitcoin from Infraud Organization members while probing their illegal activities for ICR.
Bitcoin whales have stockpiled $90 billion in BTC since May, a period marked by range-bound market conditions. According to an open disclosure by Axel Adler Jr. of CryptoQuant, investors holding over 1,000 BTC have seen rapid growth in their balances.
Inflows are back for Bitcoin Spot ETFs, but what of Ethereum?
Bitcoin's [BTC] recent price action has kept investors on edge as it remains locked within a descending parallel channel, unable to break key resistance. Despite significant market activity and optimism surrounding Bitcoin's future, it appears the cryptocurrency is struggling to break out.
Rich Dad Poor Dad author Robert Kiyosaki predicts a catastrophic stock market crash and the collapse of “The Everything Bubble,” warning that gold, silver, and bitcoin will nosedive, triggering a global depression. He urges investors to brace for financial turmoil, saying only the prepared will emerge wealthier from the ruins.
Ripple has escalated its legal battle with the U.S. Securities and Exchange Commission (SEC), filing a cross-appeal to challenge unresolved issues around XRP sales. This comes after the SEC sought to overturn parts of the rulings that cleared Ripple's retail XRP transactions from securities violations.
A million dollar worth of XRP has just been donated by the co-founder of Ripple, Chris Larsen. The benefactor?
The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Aug. 29, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng.
James Howells is taking Newport City Council to court, demanding $647 million (£495 million) for 8,000 Bitcoins that he lost after a hard drive was mistakenly dumped in a landfill in 2013. The 39-year-old IT engineer says this is his “last resort” after years of being ignored by the council.
A particular crypto analyst has boldly predicted that XRP price could rise to $60, driven by the influx of demand and capital from institutional investors as it taps into the market share or daily volume of the SWIFT, a global messaging solution for banking and payment. Related Reading: Helium (HNT) Falters 15% As Crypto Market Tries To Bounce Back XRP Eyes $60 With SWIFT's Volume Boost In a recent X (formerly Twitter) post, Levi Rietveld proposed a unique scenario where XRP's price could potentially surge to $60, marking a staggering increase of approximately 11,220% from its current value of $0.53.
Ben Armstrong, widely recognized as BitBoy across social media platforms, has once again attracted attention from members of the crypto community with his firm endorsement of XRP. In a recent post on X, the influential crypto commentator emphasized the significance of investing in XRP at its current price level.
Bitcoin demand outpaced sell pressure this week, confirming that BTC is still attractive below $60,000.
On Friday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) shook things up, recording net inflows of $253.54 million. Meanwhile, the nine spot ethereum ETFs had a rougher day, with modest outflows totaling around $97,110. Friday's Crypto ETF Action The spot bitcoin ETFs saw gains, pulling in $253.54 million in total on Oct. 11.
Bitcoin has hit a rough patch, plummeting to $60,300 after starting the day above $62,000. This represents a 2.33% decline in just 24 hours and adds to a larger trend of negativity as the world's foremost cryptocurrency continues to face significant selling pressure.
Bitcoin is not having the Uptober many were hoping for. Historically, October has been a good month for the apex crypto.
Bitcoin's recent downtrend hit the pause button, and that may be good news.
Bitcoin (BTC) surged by more than 6% on Friday amid news that the bankrupt crypto exchange Mt. Gox will extend the deadline on its remaining creditor repayments. Mt.