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news-imageDecember 23, 2024

Why Cryptocurrencies Bitcoin, Dogecoin, and XRP Are Stumbling Today

Cryptocurrencies fell this weekend and into today, as investors grappled with a potentially more hawkish Federal Reserve, which could lead to fewer rate cuts than hoped for in 2025.
Publisher: The Motley Fool
Sentiment: Negative
BTC
DOGE

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Positive
cover-imageThe Currency Analytics
December 24, 2024

Hoskinson Highlights Cardano's Similarities with Bitcoin and XRP

Charles Hoskinson, the founder of Cardano, drew comparisons between his blockchain project and two of the most prominent names in the cryptocurrency space: Bitcoin and XRP. Despite their differences, Hoskinson believes that there are key similarities that link the three Layer 1 blockchain networks, particularly when it comes to their potential for long-term success.

Negative
cover-imageNewsBTC
December 24, 2024

Dogecoin & Other Memecoins No Longer Grabbing Social Media Attention: Santiment

The analytics firm Santiment has revealed how social media traders have moved their attention to Bitcoin from Dogecoin and other memecoins recently. Dogecoin & Other Top Memecoins Have Seen A Decline In Social Dominance In a new post on X, Santiment has talked about how cryptocurrency market sentiment on social media has changed amid the latest bearish downturn.

Positive
cover-imageBitcoinist
December 24, 2024

XRP Wallets Have Been Growing At Parabolic Rate Recently, Data Shows

On-chain data shows the XRP blockchain has witnessed sharp wallet growth recently and has outpaced giant networks like Bitcoin and Ethereum. XRP Has Been Gaining Rapid Adoption Recently According to data from the on-chain analytics firm Santiment, the top cryptocurrencies have witnessed significant growth in Total Amount of Holders over the last couple of years.

Negative
cover-imageThe Currency Analytics
December 24, 2024

Bitcoin Experiences Worst Correction Since Trump's Win

Bitcoin's market correction has worsened as the cryptocurrency extends its losses, setting the stage for further challenges as the year draws to a close. The once-thriving market for Bitcoin, which hit an all-time high of over $108,000 on December 17, has seen a significant pullback of approximately 12%.

Negative
cover-imageThe Currency Analytics
December 24, 2024

Bitcoin's 15% Weekly Drop: Why This FUD Could Signal a Price Recovery

Bitcoin's (BTC) market took a significant hit last week, experiencing its worst performance since Donald Trump's victory in the U.S. presidential elections. After several weeks of impressive price gains, BTC's price tumbled by 15%, triggering widespread fear, uncertainty, and doubt (FUD) within the crypto community.

Positive
cover-imageThe Currency Analytics
December 23, 2024

VanEck Predicts Bitcoin Reserve Could Reduce US Debt by 36% by 2050

The financial world is abuzz after asset manager VanEck suggested that the United States could reduce its national debt by as much as 36% by adopting Bitcoin as a strategic reserve asset. In its latest report, VanEck projects that if the US were to integrate Bitcoin into its financial strategy, the country could significantly curb its rising debt over the next 26 years.

Positive
cover-imageCoingape
December 23, 2024

XRP Whales Move $132M Ahead Of Santa Claus Rally, ATH Looming?

According to blockchain tracker Whale Alert, XRP whales have seen a significant transfer of 60 million XRP, valued at $132,202,106, between two unidentified wallets. This large transaction has drawn attention as market analysts predict a possible rally in XRP's price, with some suggesting a new all-time high could be on the horizon.

Neutral
cover-imageThe Currency Analytics
December 23, 2024

The Challenges Preventing XRP from Reaching $1,200

XRP has been on an impressive growth trajectory since the U.S. elections in November 2024, with a surge of 336%, rising from $0.5035 to $2.21. This increase has reignited optimism in the cryptocurrency community, with many projecting even higher prices for XRP.

Positive
cover-imageCoinPedia
December 23, 2024

XRP at Make-or-Break Level, Can It Hold $2.15?

XRP, the native token of Ripple Labs, is making waves amid ongoing market uncertainty. Over the past few days, the overall cryptocurrency market has faced downside momentum. XRP Current Outlook Despite this, XRP has held its crucial support level at the $2.15 mark for the last five trading days.

Negative
cover-imageCrypto Daily
December 23, 2024

Solana ($SOL) and Ripple ($XRP) Struggles to Remain Bullish, but Altura ($ALU) is Getting Ready for a Massive Breakout

Currently, Solana ($SOL) struggles to keep the $180 range, while Ripple ($XRP) struggles to maintain a $2 price point in the recent period. Adding to the intrigue, Solana's descent from $260 to $180 has seen it surpassed by $XRP in market capitalization, a development that has shocked the entire crypto community.

Positive
cover-imageBitcoin
December 23, 2024

I am Proud to Stand With Bitcoin: Senator Ted Cruz

Senator Ted Cruz, a staunch champion for crypto reaffirmed his support for bitcoin while speaking at the Turning Point Americafest Conference. In his words, “We are going to unleash crypto. I am proud to stand with bitcoin. I am the only member of the U.S. Senate who is a bitcoin miner.

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