MicroStrategy holds over 440,000 BTC, representing roughly 2% of the cryptocurrency's circulation and valued at $46.15 billion.
XRP struggles amid SEC appeal uncertainty, with prices fluctuating as Ripple investors await clarity on legal battles and market direction.
Bitcoin falls to $94,500, $14K below the December peak.
XRP price remained stable above the $2.10 zone. The price is moving higher and might aim for a fresh surge above the $2.30 resistance zone.
Bitcoin veteran Samson Mow made a bold prediction about the future of Bitcoin's price movements. Mow believes that Bitcoin is nearing a phase where extreme price swings, which have been historically rare, will become normalized.
Bitcoin has fallen 14.5% from its peak high this month as the cryptocurrency dipped below $92,500 this week.
TeraWulf is looking to expand into the red-hot AI space as Bitcoin mining difficultly climbs and profitability shrinks.
Stockholders will vote on proposals to increase Class A common shares by 10 billion and preferred shares by 1 billion.
The crypto prices today showed mixed trends, with Bitcoin (BTC) trading below $94,000. BTC has been on a week-long decline after reaching an all-time high of $108,000.
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.
Bitcoin price extended losses and traded below the $95,000 zone. BTC is showing bearish signs and might decline heavily below the $92,000 level.
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.
Bitcoin's stint at its new all-time high of $108,200 was short-lived. In less than a week, its price dropped by over 12%, reaching $95,000 on Dec. 23.
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.
Unverified reports suggest the UAE holds $40B in Bitcoin, potentially surpassing the U.S. and China. The market wonders: will it sell or hold for the long term?
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%.
If such events become more frequent, it could create an imbalance in demand and supply, potentially affecting Bitcoin's price in the long-term.
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.
Donald Trump's administration is expected to pursue executive orders on day one to push cryptocurrency forward, with potential plans for a national bitcoin reserve and expanded crypto banking access. Crypto Industry Prepares for Possible Day-One Executive Orders From Trump's White House U.S.
Bitcoin has continued to see declining performance in recent days with on-chain metrics offering valuable insights into market behavior. Among these metrics, the Spent Output Profit Ratio (SOPR) for long-term holders has particularly emerged as a critical tool for assessing investor sentiment and market resilience.
Dogecoin (DOGE) could be in for a prolonged period of pain, following by an explosive rally starting in April 2025. The post Dogecoin's Third Leap Incoming? Analyst Predicts Explosive Rally After Dip appeared first on Cryptonews.
Matador Technologies is following in MicroStrategy's footsteps, sharing a board member with Japanese firm Metaplanet—another Bitcoin buyer.
Prediction markets have gone ballistic. Kalshi, one of the sharpest platforms out there, says there's now a 77% chance that one of the Magnificent 7 companies (Apple, Amazon, Meta, Microsoft, Tesla, Nvidia, or Alphabet) will take the plunge and buy Bitcoin in 2025.
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.
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.
Japan-based early-stage investment firm Metaplanet continues its Bitcoin (BTC) buying spree. The company announced today that it has purchased 619.7 BTC for $61 million – including fees and other expenses – making it the firm's largest Bitcoin acquisition to date.
Robinhood CEO Vlad Tenev recently addressed the company's approach to cryptocurrencies, specifically its position on holding Bitcoin. Speaking in an interview with Anthony Pompliano, Tenev revealed that internal discussions about maintaining Bitcoin reserves occur periodically.
Welcome to Latam Insights Encore, a deep dive into Latin America's most relevant economic and cryptocurrency news from last week. This edition examines the confusing agreement signed by El Salvador and the IMF and how Bukele's actions might jeopardize the disbursement of $1.4 billion for the country.
Metaplanet has doubled down on Bitcoin as it increased holdings to $168 million despite a recent price drop.
Allo, a real-world assets tokenization platform, has secured $100 million in debt financing to bolster its Bitcoin-backed lending business. On Dec.
XRP was amongst the most traded altcoin on Binance this December according to CryptoQuant analyst JA Maartunn. The altcoin recorded a trading volume of more than $116.6 million on Binance Futures, outperforming other altcoins.
A Fed-sparked market rout continued in the cryptosphere, denting investors' hopes of a Santa Claus rally as Bitcoin sank further Monday.
A closely followed crypto strategist says Bitcoin (BTC) is forming a bullish pattern similar to what was witnessed earlier this year before sparking massive surges.
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.
Dogecoin, Pepe, and Peanut technical analysis reveals mixed prospects, with potential rebounds and bearish risks for December 2024 and January 2025 sessions.
Bitcoin (BTC) has experienced a 7% decline over the past week. While this drawdown is partly due to the broader cryptocurrency market weakness, it is primarily driven by a reduction in buying activity from large investors, commonly referred to as “whales.
Besides holding some coins as part of its business of servicing clients' trading needs, the company has no plans to hold BTC.
Fed's cautious tone tempers post-election euphoria.
The Wall Street Journal (WSJ) has raised alarms over a potential quantum computing threat to Bitcoin (BTC), describing it in a recent article as “a time bomb waiting to explode.
Kalshi users currently see a 70% chance of a Magnificent 7 company buying Bitcoin before the end of 2025.
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 $2.15 mark for the last five trading days.
Currently, Solana ($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.
An analyst has explained how Bitcoin could see a top beyond the $168,500 mark based on the historical trend in this indicator. Bitcoin Mayer Multiple Could Reveal Location Of Next Price Top In a new post on X, analyst Ali Martinez has discussed where the BTC top could lie based on the Mayer Multiple.
DOGE's next rally? Historical data hints at a potential 12,000% surge as activity spikes!
Nasdaq-listed business intelligence firm MicroStrategy has announced the acquisition of an additional 5,262 bitcoin at an average price of $106,662 per BTC, with the purchase costing the firm around $561 million in total.
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.
XRP price has faced a notable downturn, dropping more than 8% over the past seven days after reaching its highest levels in six years on December 17. The recent decline has brought XRP closer to a critical support level at $2.17, a key price point that could determine its short-term trajectory.