At the beginning of this year, the price of XRP was at $0.6295. Right now, it stands at $0.7965, marking a 26.52% growth year-to-date. Meanwhile, the Bitcoin market has experienced a massive growth of 98.13% during the same period. Many top cryptos, including Solana and BNB, have shown strong performance this year.
XRP outperforms crypto market, gaining 15% as potential SEC leadership changes stir optimism. Fundamental and technical factors align for a possible 20% rally this November.
Friday means another Bitcoin options expiry event is due, and it is another big one, as markets have been surging recently.
XRP, the seventh-biggest cryptocurrency by market capitalization, hit a new 2024 high of $0.847 on Thursday on the Bitstamp exchange.
The crypto market will witness $3.98 billion in Bitcoin (BTC) and Ethereum (ETH) options contracts expire today. This massive expiration could impact short-term price action, especially as both assets have recently declined.
Bitcoin has reached a major milestone by surpassing the $90,000 price mark, marking a significant moment in its ongoing bullish rally. The price surge has drawn the attention of existing investors and attracted a new wave of market participants.
Bitcoin's recent price action has been closely tied to a crucial financial metric: the NDX/SPX ratio, which compares the performance of the Nasdaq 100 (NDX) to the S&P 500 (SPX). This ratio has proven to be a strong indicator of investor sentiment, especially toward technology stocks.
Bitcoin spot exchange-traded funds (ETFs) experienced a sharp reversal on November 14, posting a combined net outflow of $400.7 million. The post Spot Bitcoin ETFs See $401M Outflow, Breaking Six-Day Inflow Streak appeared first on Cryptonews.
Michael Saylor is preparing a party for Bitcoin to hit $100,000 this year, claiming Bitcoin won't fall to $60,000 as predicted by some analysts.
Bitcoin whales drive momentum, hinting at a potential bullish rally.
The crypto market has experienced a severe drop, with altcoins suffering the most significant losses. Bitcoin recently pulled back around 5%, and smaller-cap altcoins dropped sharply by 10- 20%.
Bitcoin has been making some big moves lately. After the U.S. elections on November 5, the Bitcoin price shot up by about 30%. As of November 13, it even reached almost $93,500, before dropping a bit to $88,100 a couple of days later. VanEck predicts Bitcoin will go $180,000 by 2025.
Bitcoin (BTC), Trump has now transformed into one of its most vocal advocates. During his campaign, Trump not only supported the idea of a “strategic national Bitcoin stockpile” but also criticized the Biden administration for its tough stance on cryptocurrencies.
On Nov. 14, 2024, a mysterious mega whale, tracked by our newsdesk since 2020, splashed back onto the scene by shifting an impressive 40 block rewards from 2010—a total of 2,000 BTC.
The massive Bitcoin (BTC) rally following Donald Trump's victory in the US presidential election is beginning to show signs of slowing down, particularly in the derivatives market, as evidenced by the leading digital asset's retreat below the $90,000 mark on Thursday. Bitcoin Experiences Significant Liquidation Activity According to Bloomberg data, the premium for CME-listed Bitcoin futures contracts—commonly used by institutional investors to speculate on price movements—has decreased, indicating a potential shift in market sentiment.
In a recent interview with CNBC, MicroStrategy co-founder Michael Saylor predicted that the price of Bitcoin could reach $100,000 by the end of this year.
MicroStrategy chairman Michael Saylor has once again stressed the importance of the US having a strategic Bitcoin Reserve. In his latest CNBC interview, Saylor said that accumulating one million Bitcoins over the next five years can help the government reduce the US national debt by a staggering $16 trillion i.e.
Bitcoin is consolidating after new all-time highs, but bulls cannot afford to lose track of too many potential support levels, says BTC price analysis.
Bitcoin's latest surge in price has been largely driven by strong spot buying activity, despite leverage in the futures market hitting new all-time highs. A recent report from Glassnode highlights the growing demand from retail investors, with spot buying on platforms like Coinbase playing a central role in Bitcoin's recent price movements.
Gensler's potential resignation could reshape SEC's crypto stance, possibly easing legal pressures on Ripple and boosting broader market confidence. The post Ripple's XRP token soars 20% to $0.83 after SEC Chair Gary Gensler hints at resignation appeared first on Crypto Briefing.
Spot crypto ETFs in the US have seen outflows for the first time since Donald Trump was elected, as both Bitcoin and Ethereum fell on the day.
DigitalX's Bitcoin fund, which is separate to its ETF on the ASX has posted a 99% yearly gain, outpacing its rivals.
The crypto prices today have illustrated a set of mixed actions, sparking investor speculations globally. Bitcoin (BTC) price reversed previous gains to rest at $88K, whereas Ethereum (ETH) and Solana (SOL) prices followed.
A Pennsylvania lawmaker has introduced a bill allowing state funds to invest in bitcoin as a hedge against inflation, aiming to strengthen financial stability.
Polymarket bets 76% odds on Bitcoin reaching $100,000 by 2025. Explore BTC's recent surge, market optimism, and if it's the right time to invest. The post Bitcoin Price Analysis: Polymarket Puts ‘76%' Odds on $100,000 Surge by 2025 – Time to Buy? appeared first on Cryptonews.
XRP price is up over 15% and moving higher above the $0.740 support zone. The price could accelerate higher if it clears the $0.8450 resistance zone.
XRP has encountered resistance at the $0.75 price point for the third time in 12 months, once again failing to break through this key level. The latest rejection occurred on November 13, 2024, when XRP made an impressive rally, climbing back into the $0.70 range.
XRP's soaring NVT ratio raises questions about the sustainability of its price rally, hinting at possible overvaluation.
Galaxy Digital's CEO predicts bitcoin could soar to $500,000 if Trump follows through with plans for a U.S. strategic bitcoin reserve, redefining global crypto policy. $500,000 Bitcoin? Bold Predictions as US Considers Strategic Crypto Reserve Michael Novogratz, CEO of Galaxy Digital, has predicted that bitcoin's value could surge to $500,000 if the U.S.
Matthew Sigel, VanEck's head of digital assets research, says Bitcoin is in “blue sky territory” and expects the cryptocurrency to run up to $180,000 in 2025.
Bitcoin has experienced a remarkable rally, climbing from $68,000 on US election day to a new all-time high (ATH) of $93,400 earlier today. The sharp increase, amounting to a $25,000 gain in less than 10 days, has driven significant enthusiasm in the market, with many investors anticipating continued growth.
Bitcoin (BTCUSD) reached a fresh all-time high of $93483 and showed a minor sell-off.It is currently trading at around $91122. Increased Selling Pressure from Miners This week, Bitcoins Miner Position Index (MPI) reached a yearly high, indicating increased selling pressure from miners who are cashing in on profits after Bitcoins recent surge to an all-time high of $89,940.
US-traded spot Bitcoin (BTC) exchange-traded funds (ETF) collectively hold approximately 1.07 million BTC as of Nov. 14, worth nearly $96 billion at current prices. Bloomberg ETF analyst James Seyffart highlighted that the ETFs might soon surpass Bitcoin's pseudonymous creator Satoshi Nakamoto's stash, estimated at 1.1 million BTC.
Bitcoin (BTC) recently reached a new all-time high (ATH) of $93,477, as the leading digital asset inches closer to the highly anticipated $100,000 target. Notably, the ongoing price rally has seen relatively muted profit-taking, fueling hopes that BTC has further room to surge.
Bitcoin price saw a short-term correction from the $93,450 zone. BTC is now consolidating gains near $87,000 and might attempt another increase in the near term.
Shiba Inu (SHIB) has recently seen growth, with its price reaching $0.00003, grabbing renewed interest from the crypto community. However, after a period of upward movement, SHIB faced significant selling pressure, leading to a temporary price drop.
Bitcoin's price tumbled after the United States Federal Reserve Chair Jerome Powell cast doubt on an interest rate cut in December.
Goldman Sachs' increased investment in Bitcoin ETFs signals growing institutional confidence in cryptocurrency as a mainstream asset class. The post Goldman Sachs holds $461 million in BlackRock's IBIT, new filing reveals appeared first on Crypto Briefing.
Bullish sentiment is at its peak and crypto market participants are projecting a continued upside for the Dogecoin pice in the coming weeks and months. According to crypto analyst Ash Crypto, the crypto market is going to continue on this run into the next six to twelve months.
XRP rallies 12% as SEC Chair Gensler hints at resignation; could the SEC withdraw its Ripple appeal?
The Bitball league will let players earn in Bitcoin, aiming to cut out middlemen and create lasting wealth for athletes, Okung told Decrypt.
Skybridge Capital's founder predicts bitcoin could reach $150,000 with eased regulations, noting that the Trump administration's approach could help depoliticize crypto policy. Can Depoliticized US Policy Finally Push Bitcoin to $150,000? Skybridge Capital founder Anthony Scaramucci shared insights into potential U.S. policy changes affecting bitcoin and cryptocurrency in an interview with Saxo.
In a new analysis, crypto analyst Dark Defender (@DefendDark) highlights a significant pattern in the daily XRP/USDT chart that suggests a possible sharp rise in the price of XRP. According to his analysis, the XRP price is possibly forming a technical pattern known as a “bull flag” after decisively breaking above the multi-year resistance at $0.6649, a move that has been further substantiated by two consecutive daily closes above this key level.
After consolidating for over a year, Ripple's native token (XRP) has broken out from a bullish price action pattern and is now poised for notable upside momentum. However, XRP experienced this crucial breakout as United States Securities and Exchange Commission (SEC) Chairman Gary Gensler hinted at his resignation.
BlackRock's Bitcoin ETF, known as IBIT, has achieved a remarkable feat by surpassing $40 billion in assets under management (AUM) in just 211 days. This rapid growth places IBIT in the top 1% of all ETFs by AUM and sets a new benchmark for speed in the ETF industry.
The Royal Government of Bhutan recently sold 367 Bitcoin, valued at approximately $33.5 million, via Binance.
Pennsylvania legislature introduced a bill to allow the state to allocate up to 10% of its treasury to Bitcoin.