TL;DR 21.co has integrated Chainlink Proof of Reserve on the Solana and Ethereum mainnets to enhance the transparency of its Wrapped Bitcoin (21BTC). 21BTC, launched in May 2024, is a native token fully backed 1:1 by Bitcoin reserves, which are held in cold storage and under institutional custody.

Michael Saylor, the chairman of MicroStrategy, recently predicted that Bitcoin could reach an astonishing $13 million by the year 2045. This forecast is not just pie-in-the-sky thinking; it's rooted in Saylor's belief that Bitcoin could capture a significant portion of global capital.

The divergence between Bitcoin and Ethereum may soon be coming to an end.

The head of digital asset research at $101.9 billion U.S. hedge fund VanEck, Matthew Siegel, has discovered and revealed what could be key information for those bullish on Ethereum (ETH).

The new week has started with the bears' pressure on, according to CoinMarketCap.

The next week or two is expected to be bullish for Ethereum and a move toward $2.8k-$2.9k is likely.

Since March, Cardano (ADA) has experienced recurring periods of significant price declines. However, crypto pundit Dan Gambardello, a popular analyst on the Crypto Capital Venture's YouTube channel, predicts a potential bullish reversal based on an analysis of the weekly and daily charts.

Bitcoin bears are defending the $65,000 resistance, but if it gives way, BTC and altcoins are likely to chase new all-time highs.

Ethereum (ETH) has recently made headlines as it reclaimed the $2,500 mark following a significant shift in market sentiment. However, the ETH/BTC trading pair has been struggling, hitting record lows against Bitcoin (BTC).

The Rollblock ($RBLK) presale is outperforming expectations, raising over $3.7 million as gamers enjoy a share in the success of the platform. With legacy coins such as Ethereum and Ripple's $XRP underperforming, investors are turning heads towards smaller tokens with strong use cases and large potential.

Ethereum (ETH), the world's second-biggest cryptocurrency by market cap appears to be super bullish and could hit the $3,000 level soon. Despite the majority of top cryptocurrencies, including Bitcoin (BTC), Solana (SOL), and many others struggling to gain momentum, ETH has gained more than 4% of its value.

A crucial metric reveals that Solana (SOL) is asserting itself in the world of altcoins. Within the past 12 months, SOL has registered an astronomical growth rate as it takes on Ethereum (ETH), the second-largest cryptocurrency.

TL;DR Investment products in the crypto market have seen inflows of $321 million in the last week, driven by a 50 basis point interest rate cut. Bitcoin has captured the majority of the flows with $284 million, while short products have received $5.1 million. The U.S.

Ethereum surges around 6% in the last 24 hours, soon to lose 2%. Currently ETH is trading at $2,639 and still fighting to take an upper route, which looks very difficult to achieve looking at the market conditions.

Helix Labs has raised $2 million in a pre-seed funding round, valuing the company at $40 million.

The performance of digital assets shocked market watchers as different products witnessed a significant second week of positive inflows. The crypto space recorded a massive $321 million to stay green at the close of trading.

Ethereum (ETH) has seen an increase in burn rate this month, indicating that usage and activity on the network have increased significantly.

In the last seven days, the crypto market had quite a boost, causing most cryptos to rise in value, including the Ripple token, XRP. This uptrend has pushed the global market cap to $2.22 Trillion and the volume of trades to $72.

The XRP price chart is displaying a familiar historical pattern that previously led to a massive 650X price surge. This pattern, known as the Bollinger Bands, is often used to predict the price movements of a cryptocurrency.

Ripple, the cross-border payment remittance firm, recently revealed its plans for launching the Ripple USD (RUSD) stablecoin. The stablecoin plans to connect global financial firms and institutions and enable cross-border payments through its stablecoin on the XRP Ledger (XRPL) and the Ethereum mainnet.

In cryptocurrency trading, converting one digital asset to another, commonly known as a crypto swap, has gained significant popularity among investors and traders. This article aims to guide individuals through converting Saitama and TON tokens to Ethereum (ETH) using a crypto swap platform.

Ethereum has outperformed bitcoin since the U.S. Federal Reserve cut its Federal Funds rate by 50 basis points last Wednesday.

XRP, the seventh largest cryptocurrency by market capitalization, recently formed a golden cross on its short-term charts — a technical indicator that often signals the potential for a price rally. The market is watching closely to see if this development could lead to a significant upward movement in XRP's price.

Cardano price has been a focal point in the crypto market lately, with investors monitoring its price movements for potential breakouts. Every blockchain aims to grow, and Cardano is pushing in the right direction by embracing interoperability between itself and the Bitcoin network.

XRP, the digital token closely tied to Ripple, has recently failed to maintain its footing above a critical $0.60 price level. This drop has left many investors and crypto enthusiasts wondering if this is a sign of deeper issues for the token, or merely a short-term fluctuation.

Over the last three days, the Ethereum Foundation has shaken up the market by selling off 500 ETH. The organization has reportedly offloaded $10 million worth of Ethereum this year in separate events.

Following the ongoing global economic shift catalyzed by the recent Fed rate cut last week, more institutional investors are eyeing the Bitcoin (BTC) and altcoin industries. Furthermore, the impressive performance of Gold (XAU) is expected to boost the crypto bullish outlook in the fourth quarter.

The XRP price is still moving sideways, but whales have started to defy all the odds with huge moves. The broader crypto market has slightly recovered after the recent rate cuts by the U.S. Federal Reserve.

Crypto bettors are speculating about another rate cut, with Polymarket showing a near-even split: 43% expecting a 50 bps cut and another 48% anticipating a 25 bps reduction.

Over the past few days, Ethereum (ETH) whales have been relentlessly selling their coins, dampening the market's momentum. Whale inflow into cryptocurrency exchanges has surged, indicating a strong desire for profit as the coin's price has skyrocketed by double digits over the past seven days.

As of Sept. 23, 2024, ethereum is trading at $2,646, with an intraday price range of $2,531 to $2,684. Over the past 24 hours, ethereum has recorded a trading volume of $16.36 billion and a market capitalization of $318.56 billion.

The XRP price has fallen by 1% in the past 24 hours, with its dip to $0.5881 coming after it retreated from the $0.6044 resistance level this morning.

Ethereum has recently seen a surge in demand near the crucial $2.1K support zone, resulting in a significant bullish retracement. The price has now reclaimed the middle threshold of the multi-month descending channel, suggesting the potential for further gains toward the upper boundary near $3K.

For the past few months, the crypto community, and especially XRP enthusiasts, have been eagerly awaiting the launch of Ripple's stablecoin, RLUSD. According to recent reports, including from the crypto company's CEO Brad Garlinghouse, the launch of the new digital counterpart to the dollar could take place in just a few weeks.

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 23, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

The crypto market just pulled in $321 million in investment inflows, marking its second straight week of positive fund movement, all thanks to the change in U.S. monetary policy. After the Federal Open Market Committee (FOMC) went last week, investors rushed in.

Ethereum's lag in inflows highlights potential investor skepticism and could signal shifting market preferences within the crypto sector. The post Crypto products see $321 million in inflows, Ethereum funds lag appeared first on Crypto Briefing.

Ripple's long-standing legal battle with the U.S. Securities and Exchange Commission (SEC) has taken a surprising turn, with prominent crypto lawyer John Deaton alleging serious misconduct by the SEC's legal team. The case, which ended with Ripple settling for $25 million, could have major implications for both Ripple and the entire cryptocurrency industry.

Ongoing sell-offs may threaten retail investor confidence and market stability.

Discover insights on decentralized AI, the significance of Ethereum ETPs, and legal defense for crypto creators, according to a16z crypto.

Ethereum, the second-largest cryptocurrency by market cap, has recently seen a sharp rise in its transaction fees. As noted by crypto analyst Kyledoops, these fees have jumped by an astonishing 314%.

Solana (SOL) has been inching upwards, currently trading at $145.41 after a modest gain of 0.53%. The bulls are aiming for a push toward $151.39, which is the next significant resistance level.

A large Ethereum holder just moved 3,510 ETH to the Kraken exchange, sparking fears that a big sell-off could be coming, which might push the ethereum price down.

Recently Shiba Inu has experienced a significant preemptive signal for the market as it has surged above the 50-day exponential moving average. Investors who have been waiting for a market recovery have hope as SHIB breaks above this technical level.

An Ethereum whale investor who held ETH for over two years has turned $150 million into over $300 million in ETH investments. The volatility inherent in cryptocurrencies is usually beneficial when met with investment intelligence.

With the deadline for the SEC's appeal fast approaching, there's growing anticipation around Ripple's legal battle and how it could impact the broader market. By October 7, 2024, the SEC must decide whether to appeal the recent ruling in Ripple's favor, a decision that's being closely monitored by investors and legal experts alike.

Ethereum Foundation has once again raised investor concerns globally, selling 200 ETH on Monday. On-chain data revealed that the selloff took place via two transactions, raising eyebrows among market watchers as the coin currently rides bearish waves in the broader industry.