Ripple Labs' newest stablecoin product has received final approval from a prominent New York regulator. In a post on the social media platform X, Ripple chief executive Brad Garlinghouse says that Ripple USD (RLUSD) – the firm's new dollar-pegged crypto asset – has been approved by the New York Department of Financial Services (NYDFS).
Bitcoin, according to Hougan and Rasmussen, will reach $200,000 or more by the year 2025. Solana's price is likely expected to soar to $750, a 250% rise from its current $215 as per the duo.
Massachusetts Mutual, a 173-year insurance giant, invested $100 million into the flagship cryptocurrency Bitcoin (BTC) back in 2020. In a press release, the move was noted as giving it a “measured yet meaningful exposure to a growing economic aspect of our increasingly digital world.
The most recent numbers revealed that inflation rose slightly to 2.7% in November. The price of Bitcoin is already witnessing a surge and touched the $100,000 mark.
Atomic Wallet, a well-known non-custodial decentralized wallet, recently made waves with its bold predictions about XRP's future. After previously expressing a sarcastic bullish stance on the cryptocurrency, the wallet platform raised concerns within the XRP community by suggesting that the digital asset might never reach the $3 mark again.
Bitcoin ETFs are showing no signs of weakness as they enter the ninth consecutive day of positive inflows, even as the broader market experiences a downtrend.
XRP has displayed a strong recovery over recent days, with prices climbing to $2.37 to $2.42 over the past hour, reflecting a 17% gain in 24 hours. Consolidation Phase or End of Rally? XRP at a Critical Crossroads XRP's upward momentum has brought the crypto asset close to a pivotal resistance zone at $2.
The Alabama state auditor general, Andrew Sorrell, called on Alabama to lead other states in establishing strategic Bitcoin reserves. He noted that the price of Bitcoin had gained over 50% since the U.S. elections, and Trump's enthusiasm for crypto signalled strong federal support.
The service is designed to compete with larger third-party custodians such as Coinbase. New Self-Custody Solution for Nation-States Emerges Crypto self-custody firm Casa announced that it will now offer a self-custody solution called Praetorian to governments seeking to establish national bitcoin (BTC) reserves.
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Cryptocurrency analyst Benjamin Cowen provided an in-depth analysis of market trends, inflationary pressures and Bitcoin's (CRYPTO: BTC) rally following Wednesday's CPI report. What Happened: Bitcoin surged past $100,000, reflecting bullish sentiment as consumer price inflation data for November came in at 2.7%, close to the Federal Reserve's 2% target.
Goldman Sachs is eyeing the Bitcoin and Ethereum markets. CEO David Solomon said the Wall Street firm is ready to “evaluate” its entry, but only if regulators clear the path.
Think you've missed the Bitcoin boom? Think again. Despite its impressive past performance, Bitcoin continues to be a top-performing asset, even in recent months. With strategies like Dollar Cost Averaging (DCA), you don't need a fortune to start investing. Learn why Bitcoin outshines gold, the Dow Jones, and other traditional investments, proving it's never too late to join the Bitcoin revolution.
The cryptocurrency world has long been resilient in the face of challenges, but legendary trader Peter Brandt has brought attention to two formidable threats that could significantly impact Bitcoin's future. In a recent statement, Brandt identified central bank interference and the rise of quantum computing as potential existential risks for the world's largest cryptocurrency.
Is a broader BTC cool-off still on the cards despite recent pullbacks?
A new token with 20,000% growth potential aims to surpass Shiba Inu's success. #partnercontent
This year was good for crypto, but 2025 might turn out even better for the sector, according to Bitwise Asset Management.
Thomas Peterffy, the founder of Connecticut-headquartered brokerage firm Interactive Brokers, has stated that people should hold "some Bitcoin" during a recent interview with Bloomberg Television.
Ripple‘s native token (CRYPTO: XRP) has skyrocketed 20% over the last 24 hours, trading at $2.43, significantly outpacing Bitcoin's (CRYPTO: BTC) 5% rise to $100,500. The rally comes after Ripple Labs secured approval from the New York Department of Financial Services (NYDFS) for its RLUSD stablecoin on Tuesday, marking a pivotal step in Ripple's expansion into the burgeoning stablecoin market.
A crypto analyst has unveiled uncanny similarities between Bitcoin's Chicago Mercantile Exchange (CME) chart from late Q4 2024 and 2023. According to the analyst's report, the 2024 Bitcoin CME chart replicates the price action seen in 2023, experiencing similar technical patterns, wave structures, price movements, and specific key indicators.
Meme coins Peanut The Squirrel (CRYPTO: PNUT), Popcat (CRYPTO: POPCAT), and Goatseus Maximus (CRYPTO: GOAT) surged on Wednesday amid significant exchange listing announcements, surpassing the performance of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Peanut The Squirrel $1.30 $1.29 billion +30% +4.3% Popcat $1.26 $1.23 billion +14.7% -8.9% Goatseaus Maximus $0.6855 $685.4 million +29.2% -11.8% Dogecoin $0.4123 $60.5 billion +7.3% +0.0% Shiba Inu $0.00002917 $17.1 billion +13.8% -2.5% Trader Notes: Crypto trader Dami-Defi predicts PNUT could bring life-changing opportunities.
Bitcoin's price has experienced an extraordinary surge in 2024, climbing nearly 140% from $42,000 to over $100,000. While many investors are celebrating these gains, Messari founder Ryan Selkis remains steadfast in his approach and isn't ready to cash out just yet.
The U.S. Securities and Exchange Commission has charged three Nigerian nationals with defrauding investors of $2.9 million in Bitcoin.
Bitcoin (BTC) is up 6.6% on the day and back above the psychological threshold of $100,000 after US Consumer Price Index (CPI) data came in as forecasted. The U.S. Bureau of Labor Statistics announced Wednesday that CPI had risen 0.3% in November, up 2.7% year-on-year, in line with forecasts.
Vancouver's exploration of Bitcoin as a reserve asset could set a precedent for municipal financial strategies, impacting global crypto adoption. The post Vancouver City Council to discuss proposal exploring Bitcoin as a reserve asset today appeared first on Crypto Briefing.
Memecoins like DOGE and SHIB plunge amid market-wide liquidations and heightened volatility.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Andrew Sorrell, Alabama State Auditor General, joined a growing cast of figures calling for strategic Bitcoin reserves in the U.S.
Bitcoin (BTC) has regained ground, trading at $100,582.99 at press time after briefly pulling back to $94,000 earlier this week.
An overdue reset in the Bitcoin funding rate and the return of a strong spot bid are reasons behind BTC's rally above $100,000.
Shiba Inu marketing exec Lucie unveiled the SHIFU airdrops enticing details, offering rewards to LEASH, BONE holders, gamers, and NFT enthusiasts. The announcement comes as SHIB price spikes 4% intraday, fueling excitement across the community.
Bitcoin (BTC) briefly surpassed the $101,000 threshold after a 3% surge in the hours following November's Consumer Price Index (CPI) numbers, which came within the 2.7% expectations.
The cryptocurrency market has witnessed an extraordinary turnaround as Bitcoin ($BTC) surges back above $100,000, marking a significant recovery from previous sharp declines. This milestone reignites bullish sentiments across the market, and with Bitcoin currently trading within a bullish pennant, analysts are targeting $127,000 as the next price objective.
XRP, the native token of Ripple Labs, is poised for upside momentum as on-chain metrics, technical analysis, and recent whale activity hint at bullish signals. Recently, a whale transaction tracker, Whale Alert made a post on X (previously Twitter) that 22.08 million XRP tokens worth $46.13 million were transferred from Binance to an unknown wallet.
TL;DR XRP has reached $2.39 per unit, marking an 18.8% increase in the last 24 hours and an accumulated rise of 303% over the past 30 days. The cryptocurrency has shown impulsive movements since November, with experts highlighting its clear upward trend and potential for further growth.
Could Bitcoin really hit $150K under Trump's watch?
In a notable display of resilience amidst a broadly subdued crypto market, XRP has surged 6.7% in the last 24 hours. Following a dip to as low as $1.90 on December 10, the asset is once again trading above $2.36, defying the predominantly bearish sentiment that has taken hold of the altcoin sector.
At an upcoming annual meeting next year, Amazon shareholders will decide whether the tech giant should consider adding Bitcoin (BTC) to its corporate treasury. But Binance co-founder Changpeng Zhao says on the social media platform X that he has an even more simple solution. “Simple.
Bitcoin is a force of nature, oscillating between hope and skepticism. Currently, the flagship cryptocurrency stands at a crucial crossroads: $98,000.
Ripple's native token, XRP, has been experiencing turbulence in the broader crypto market, but long-term projections remain optimistic. Despite a recent dip of 17%, XRP has the potential to reach significant milestones in the coming years.
‘Dogecoin Killer' Shiba Inu (CRYPTO: SHIB) is holding firm at a crucial horizontal support level, fueling speculation of significant upside potential. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.000029 $17 billion +15.1% -4.1% Dogecoin (CRYPTO: DOGE) $0.4166 $61.3 billion +10.8% +1% Pepe (CRYPTO: PEPE) $0.00002503 $10.5 billion +9.4% +15.8% Trader Notes: Traders are closely monitoring the meme coin's price action as it shows resilience in a challenging market environment.
Bitcoin and altcoins could correct before the next leg up.
CryptoQuant data has revealed new insights into the prevailing state of the Bitcoin market. The data points out that leverage in Bitcoin is easing, and the USDT balances held in exchanges are surging.
Donald Trump's bold Bitcoin vision includes a $150K price target and a U.S. strategic Bitcoin reserve. Learn how his plans could impact cryptocurrency markets. The post Trump Wants Bitcoin at $150,000 – Will His Return Spark the Next Big Rally? appeared first on Cryptonews.
Bitcoin, the leading cryptocurrency by market capitalization, managed to reclaim the $100,000 level earlier today.
TL;DR Bitcoin surpasses $100,000 again, driven by U.S. inflation data, with a 4.89% increase in the last 24 hours. The rise in Bitcoin's price has extended to other cryptocurrencies such as XRP, Dogecoin, and Solana, with a substantial rebound in their values.
A look at bitcoin backups, why they are important, and how to manage them.
An official in the US state of Alabama produced a litany of benefits a state Bitcoin reserve could bring.