In the early days of Ethereum, many crypto enthusiasts look back and marvel at how they missed the opportunity when Ethereum was trading for less than $1. Back then, blockchain was a relatively unknown technology, and the thought of Ether becoming one of the world's top cryptocurrencies seemed far-fetched.
The Ethereum market is under intense selling pressure as the Chinese government moves 7,000 ETH worth $16.7 million from wallets seized in the infamous Plus Token scam. This development has caused the Ethereum price to drop below $2,400, fears of a potential larger selloff that could drive prices even lower.
Bitcoin and Ethereum exchange-traded funds (ETFs) have recently experienced substantial net outflows. This trend indicates a growing sense of caution among investors amid rising market volatility and fluctuating asset prices.
Bitcoin is experiencing significant volatility and uncertainty after falling below the $60,000 mark. This dip has sparked mixed reactions among investors.
Bitcoin is currently hovering above a key support level, and any minor selloff triggered by a group of traders could potentially snowball into a wave of intense selling pressure. This fragile situation is underscored by data from the on-chain analytics firm Santiment, which revealed that over 30,000 BTC, valued at approximately $1.83 billion, has been transferred to crypto exchanges within a short period.
An FEC filing released this week shows that Chris Larsen donated more than 1,700,000 XRP to the Future Forward USA PAC.
Ripple's XRP experienced little price movement on Thursday, stabilizing around the $0.53 mark, indicating a consolidation phase. The cryptocurrency has been confined within a tightening range for several months, as seen in the weekly chart's converging trendlines.
XRP may be on the verge of a significant price surge, with predictions pointing toward a potential rise to $20. This optimism is rooted in the formation of a rare 7-year bullish pennant on the XRP chart, a pattern that has historically led to major price movements.
The securities regulator authorized Bitcoin options to list on BlackRock's spot BTC ETF in September.
Bitcoin-based non-fungible token (NFT) protocol Runes has seen transaction volume increase in the past week, according to data from Dune analytics. With the rise in Runes transactions, the protocol is gradually regaining a significant percentage of the transaction volume on the Bitcoin network.
Solana's SOL, Avalanche's AVAX and Render's RNDR led the crypto rally as almost all but one member of the CoinDesk 20 Index posted gains.
XRP is far from its ATH, but can that change anytime soon?
Cryptocurrency markets were trading higher before entering the weekend with altcoins also being pushed up. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,000.44 +5.8% Ethereum (CRYPTO: ETH) $2,459.54 +4.3% Solana (CRYPTO: SOL) $145.88 +6.2% Dogecoin (CRYPTO: DOGE) $0.111 +6.2% Shiba Inu (CRYPTO: SHIB) $0.00001775 +8.2% Notable Statistics: IntoTheBlock data showed large transaction volume decreasing by 23.2% and daily active addresses up by 3.6%.
Thursday's panic has passed, and the bulls are back in control.
Bitcoin price action hinges on key resistance levels, as traders eye potential catalysts like the latest Michigan Consumer Sentiment report.
Michael Saylor has an ambition plan to turn MicroStrategy (NASDAQ:MSTR) into the top Bitcoin (CRYPTO: BTC) bank. What Happened: Saylor recently called MicroStrategy a "merchant bank.
According to the latest Polymarket election odds, Kamala Harris has a 45.9% chance of securing the Oval Office in the Nov. 5 presidential election.
Metaplanet, a company listed on the Tokyo Stock Exchange, has bolstered its bitcoin (BTC) holdings with the purchase of an additional 108.99 BTC. Following this recent acquisition, the Japanese investment firm now boasts a total of 748.50 BTC in its reserves.
The anti-crypto CEO of the somehow pro-crypto JPMorgan just basically admitted that he knows our current global financial system is inevitably going to lead to a wide recession. It's weird because as he did that, he also actively remains a savage critic of Bitcoin, the one thing that actually can save the global economy.
Bitcoin's price is showing signs of weakness as investors cash out billions in profits, leading analysts to predict a potential crash. In the past 24 hours, $5.64 billion worth of realized Bitcoin profits has been recorded, suggesting that traders may be preparing for a price decline.
The S&P 500 is up 60% over the last two years, but Bitcoin's price jump during the same span has crushed that mark.
Bitcoin price returned to the $63 k territory on Friday, but a psychological barrier awaits at the $65k mark.
Will BTC fall even further or is a reversal on the cards now?
The Bitcoin price briefly crashed below $60,000 for the first time since September. This price decline followed the release of the Consumer Price Index (CPI) inflation data, which came in higher than expected.
Uniswap's native token, UNI, ignored a stagnant crypto market and surged by more than 12% on Thursday as the decentralized exchange (DEX) project announced a new Ethereum (ETH) layer-2 project. Uniswap Labs says the new project, called “Unichain,” aims to facilitate decentralized finance (DeFi) and liquidity across chains.
Bitcoin and altcoins made a strong comeback on Oct. 11, indicating solid buying at lower levels.
A widely followed crypto analyst is staying bullish on Bitcoin (BTC) while updating his outlook on layer-1 blockchain Aptos (APT) and one memecoin that has printed massive gains during the last 10 months.
Vice President Kamala Harris' campaign received $1 million in XRP (CRYPTO: XRP) from Ripple co-founder Chris Larsen . What Happened: Federal Election Commission (FEC) filings show Larsen donated $1 million in XRP crypto coin (in kind 1.7 million XRP) to Future Forward USA PAC on Aug. 14.
The legal conflict between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to unfold, with recent analyses suggesting that the resolution of this high-stakes battle may be delayed until 2026. As tensions rise and uncertainty grows, the implications for XRP's price trajectory are significant, particularly regarding its potential to reach the $1 mark.
Bitcoin (BTC) saw some relevant volatility since early September and most recently following a predicted volatile roadmap by Ali Martinez. If Bitcoin continues to follow his analysis, the leading cryptocurrency could soon reach a new all-time high of $78,000.
Michael Saylor, founder and executive chairman of MicroStrategy, has revealed the company's endgame is to become a bitcoin investment bank—and to buy up to $150 billion of bitcoin
MicroStrategy (NASDAQ: MSTR) is once again making headlines with its ambitious plan to transform into the world's first “Bitcoin bank,” a move that has sparked renewed interest from investors.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jeremy Allaire, CEO of Circle, provides an update on the company's plans to go public and its strategy in a lower-rate environment.
Ripple co-founder Chris Larsen donates $1M in XRP to Kamala Harris' campaign, highlighting cryptos growing influence in US politics. The post Ripple co-founder donates $1 million XRP to Kamala Harris campaign PAC appeared first on Crypto Briefing.
Bitcoin (BTC) is on track to experience its longest period of sideways trading during a halving year if it doesn't show significant upward movement within the next 14 days. According to a dashboard shared by CryptoQuant CEO Ki Young Ju, the longest time BTC took to rise was 298 days.
Chris Larsen, co-founder of Ripple, just donated $1 million in XRP to a super PAC that's supporting Kamala Harris. According to court filings with the Federal Election Commission (FEC), this is the first time a crypto donation has been publicly documented for Harris.
Tron (TRX), the cryptocurrency that often plays a quieter role behind heavyweights like Bitcoin and Ethereum, is making waves. On October 10, 2024, TRX showed significant signs of decoupling from its larger counterparts, sparking speculation about its potential to hit a new all-time high (ATH).
Back in February, renowned macro guru Raoul Pal, famous for his bold predictions about the crypto market, predicted Bitcoin (CRYPTO: BTC) could skyrocket to $250,000. Ethereum (CRYPTO: ETH), he added, could reach between $15,000 and $20,000 while Solana (CRYPTO: SOL) might climb to between $750 and $1,000 within the next 18 months.
The Bitcoin price hasn't made a great start to October, with the ‘Uptober' rally not going as planned. However, the flagship crypto still has a long-term bullish outlook, considering several factors both on the macro side and in the crypto space.
Ripple, one of the top blockchain firms, has been recognized as the leader in the realm of crypto/fiat payments by Tearsheet's Power of Payments Awards.
San Francisco-based payments company Ripple is now aiming to offer bank-grade custody solutions to crypto businesses. The firm's Ripple Custody branch has been providing global banks and financial institutions with a software infrastructure to secure, transfer and settle tokenized financial assets.
Ripple co-founder Chris Larsen has made his first recorded cryptocurrency donation to Vice President Kamala Harris.
This week has turned out to be a pessimistic one for the Spot Bitcoin Exchange-Traded Funds (ETFs) as the historic products have experienced consistent negative outflows in the past few days in light of recent price swings.
For an extended period, Exodus Wallet has been a top choice among Bitcoin wallets, known for its dependable security and user-friendly operation. Nonetheless, emerging wallets are entering the scene, introducing innovative features and appealing incentives.
Ripple Chairman Chris Larsen has made a notable $1 million cryptocurrency donation in XRP to support U.S. Democratic presidential candidate Kamala Harris. This is the first time that Harris has received a donation in the form of cryptocurrency and underlines Ripple's backing of the candidate, even as the firm faces ongoing litigation with the US
With nearly $16 billion worth of Bitcoin in the bank, MicroStrategy's Michael Saylor shares big plans ahead for BTC.
Ethereum is making waves with its latest proposal, EIP-7781, aimed at turbocharging the system. This update dramatically cuts block times, ramping up transaction throughput by a whopping 50%. While Ethereum aims to accelerate, Bitget Wallet is breaking new ground with Grass AI, enabling users to pocket earnings by lending their unused bandwidth.