South Korea's shocking martial law declaration sent the crypto market into chaos, with XRP crashing from $2.60 to $2.13 in a massive sell-off. But the panic didn't last long! However, XRP price has bounced back, rising by almost 9% in the last 24 hours.
MicroStrategy, the largest publicly traded corporate holder of Bitcoin, is making its debut in the Nasdaq-100 Index.
Prominent tracking platform Whale Alert, which monitors large cryptocurrency transfers, spreads the word about a mysterious big XRP movement spotted during the last 24 hours.
This is a very short and simple update on what we have witnessed this week in the cryptocurrency market. Staying up-to-date with the latest developments in the market is essential for making better decisions. Let's analyse the market. Ready? Dive in! US Market Weekly Update This week, the S&P 500 index stands at $6,051.
As Bitcoin has made a historic milestone crossing $100k this month, the market is happy as well as skeptical. Crossing this psychological resistance is a great achievement, but would it be possible for BTC to move forward or is it exhausted for the season? There are many questions looming around for the future of crypto.
Ledger, a leading provider of hardware wallets designed for securely storing cryptocurrency, is facing intense scrutiny following reports that a user lost $2.5 million worth of digital assets due to a security breach involving their Ledger Nano S device. The incident, which involved 10 Bitcoin valued at around $1 million and NFTs worth an additional $1.5 million, has raised serious questions about the security measures in place for hardware wallets, widely regarded as one of the safest methods for protecting cryptocurrencies.
BTC has seen a sustained uptrend over the past month, rising by 13.28%. An analyst speculates a potential market top in 2025, based on previous cycles.
On Dec. 14, XRP, the third-biggest cryptocurrency, showed a major spike in a crucial indicator.
A recent report by a CryptoQuant analyst, known as Crazzyblockk has explored the implications of Bitcoin inflow metrics at Binance and their potential impact on market sentiment. The analysis offers insights into how short-term and long-term participants view the current state of the market.
Coinbase is facing a $1 billion lawsuit from BiT Global Digital Limited over its decision to delist Wrapped Bitcoin (wBTC). The post Coinbase Faces $1B Lawsuit from BiT Global Over Wrapped Bitcoin (WBTC) Delisting appeared first on Cryptonews.
The political sentiment of the United States towards the cryptocurrency industry has turned encouraging, since pro-Crypto candidate Donald Trump won the US presidential election, defeating Kamala Harris, who represented a crypto-skeptic regime. The country is expected to establish a Bitcoin reserve as soon as Trump assumes the seat of power in late January, 2025.
Bitcoin crossing the $100,000 mark is a global headline, but nowhere is it more celebrated than in Singapore. The city-state, known for its wealth and tech-forward mindset, has been years ahead of the curve in embracing cryptocurrencies.
The founder and chief executive of the crypto advocacy group The Digital Chamber has a big Bitcoin (BTC) price prediction for 2025. Crypto lobbyist Perianne Boring tells Fox Business in a new interview that President-elect Donald Trump's future approach to the sector could send BTC skyrocketing close to $1 million.
The cryptocurrency market is preparing for a significant event: $2.1 billion worth of Bitcoin options are set to expire. This massive expiry could influence Bitcoin's price action, adding to the already heightened market volatility.
On December 10, Ripple's (XRP) price temporarily slipped below $2, sparking speculation that its prolonged uptrend might be ending. However, the bearish concerns have been short-lived.
On December 13, the Nasdaq stock exchange, founded in 1971, which pioneered the concept of electronic trading and which hosts many of the world's leading tech firms, announced that on December 23, MicroStrategy Inc.
XRP Listing: The crypto has noted a strong recovery today, after a recent volatile trading, with a flurry of positive developments boosting market sentiment. Amid this, a major listing announcement for Ripple's native crypto has further bolstered investors' confidence in the asset.
The motion, introduced by Mayor Ken Sim, was passed at the December 11, 2024 Standing Committee meeting and directs city staff to investigate the feasibility of accepting Bitcoin for taxes and fees, as well as potentially incorporating Bitcoin into the city's financial reserves.
In a recent CNBC Fast Money interview, Pantera Capital's billionaire founder, Dan Morehead, dropped a bombshell about the future of crypto in 2025! With clearer regulations coming, he believes Bitcoin and the entire crypto market are set to soar.
What if Amazon added Bitcoin to its balance sheet? With BTC up 125% this year, some shareholders argue it's the perfect moment to explore the crypto market.
Elon Musk has criticized the U.S. SEC for being a “weaponized institution" in a recent post on X
The XRP (XRP) price has paused after reaching a high of $2.87 on December 2. The uptrend has continued as the cryptocurrency retraced and found support above the 21-day SMA.
The crypto markets appear to be coping with the recent selling pressure within the markets that had temporarily covered the markets under bearish clouds. While Bitcoin was speculated to lose the $95,000 support after just one test, the sluggish behaviour of Ethereum has also raised many concerns.
With Bitcoin hovering around $100,000, altcoins have made a comeback. XRP has breached a key hurdle, which hints that the next phase involves a massive uptrend.
MicroStrategy's bitcoin buying spree has been rocket fuel for its stock price. Now, more companies are considering adding it to their balance sheets.
Bitcoin has reached a historic milestone with an astounding transaction volume of $131 trillion, signaling massive institutional adoption and unprecedented maturity in the crypto market.
Ripple's XRP is on the verge of a major breakthrough, as recent developments in stable coins and strategic partnerships could trigger a significant price surge. The approval of RLUSD, a new stable coin backed by Ripple, by New York regulators has added fresh optimism to the XRP ecosystem.
In a recent X post, Ripple CEO Brad Garlinghouse backed Elon Musk, as the Tesla CEO criticized the US SEC. This has sparked immense discussions in the market, especially after the SEC Chair Gary Gensler recently targeted Elon Musk.
New court documents show that BiT Global, a custodian of Wrapped Bitcoin (wBTC), is suing Coinbase after the top US-based crypto exchange delisted wBTC in November.
During his previous presidency, Trump had pointed to rising stock prices and asserted that America was becoming great again.
In March 2023, Binance's share of the stablecoin market cap stood at just 4%. Now, it has grown to as high as 16.8%. Some believe that Binance's stablecoin inflow played a crucial role in Bitcoin's rally to the milestone of $100K. Let's examine the scenario for better clarity.
Bitcoin's price is on the verge of decisively breaking out from the $100K resistance level as investors are getting ready for a potential rally higher.
While Bitcoin has begun to display strength, spot ETF inflows have swelled, with $428.98 million recorded last trading day and $393 million since the start of the day's trade.
MicroStrategy (MSTR.O) will join the Nasdaq-100 Index on December 23, following a sixfold surge in its stock this year, driven by its aggressive Bitcoin investments. Inclusion is expected to boost the stock as ETFs tied to the index purchase shares.
Recently the sentencing of Bitcoin investor Frank Richard Ahlgren III has sparked a critical conversation about the importance of reporting cryptocurrency gains honestly. Ahlgren, who failed to accurately report $4 million in Bitcoin sales between 2017 and 2019, was sentenced to two years in prison and ordered to pay over $1 million in restitution.
There's growing speculation that the SEC vs. Ripple case could be resolved under the President-elect Donald Trump's administration. SEC's current chair Gary Gensler is set to step down on January 20. Trump has nominated Paul Atkins, a cryptocurrency advocate, as the next chairman. The SEC claims Ripple violated securities laws by issuing XRP.
XRP, the native cryptocurrency of Ripple, is currently facing a grim forecast, with market analyst The Block Bull predicting a sharp decline to as low as $1.50 or even $0.50 in the near future. This pessimistic outlook follows the cryptocurrency's failure to break out of its consolidation phase and the broader uncertainty in the digital asset market, largely influenced by Bitcoin's fluctuating price around the $100,000 mark.
Spot Bitcoin ETFs have witnessed heavy inflows over the past two weeks with BlackRock's IBIT taking the lead. Last week, the total assets under management for the Bitcoin exchange-traded fund (ETF) crossed $100 billion with market analysts expecting it to overtake Gold ETF by the year-end.
XRP ETF approval could ignite a bull run, with prices targeting $4.50 and possibly $10. Discover Ripple's RLUSD approval and market-shaping insights. The post Ripple's XRP ETF Launch Could Trigger a Bull Run – Is $10 Next? appeared first on Cryptonews.
Bitcoin (BTC) price has fallen below the 21-day SMA support after three unsuccessful attempts by buyers to keep the price above the $100,000 psychological price level.
The cryptocurrency market has added 1.49% to its valuation in 24 hours with a trading volume of $168.88 billion, a change of -15.21%. With this, the crypto space is currently valued at $3.65 Trillion. Following this, the Bitcoin price reclaimed the $101,000 mark.
SEC turmoil raises stakes for Ripple and XRP as Crenshaw's renomination hangs in the balance. Will a pro-crypto agenda reshape regulatory policies?
The cryptocurrency market is bracing for a major event today, as a massive $4.26 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire. This significant expiration of options contracts could trigger increased volatility in the market, as traders and investors prepare for the aftermath.
Bitcoin analysts have flagged a selling point for crypto holders in this cycle to avoid widespread losses. The bull swing continues to gain momentum, with experts tipping more gains ahead of Donald Trump's second term.
While Bitcoin (BTC) fluctuates around the critical $100,000 price level, some investors may seek the ideal opportunity to take profits and exit the market. In this context, a CryptoQuant analysis highlights a key BTC metric that can serve as a valuable tool for crafting an exit strategy.
Bitcoin made waves in 2024, marking a milestone year with the approval of BTC ETFs in the US and internationally, paving the way for institutional investors. This surge in interest saw crypto products surpass $35 billion in net inflows since January, underscoring Bitcoin's growing appeal and dominance in the financial world.
Nasdaq has revealed that Michael Saylor's MicroStrategy firm will be included in the Nasdaq-100 Index.