Movement celebrated the launch of its layer-2 mainnet beta by launching its MOVE token, with a huge airdrop for early users.
Tether's dominance in the stablecoin market remains unchallenged, with 330 million on-chain wallets holding USDT by Q3 2024, far outpacing all other stablecoins.
"There's just so much more possibility and potential energy in Solana," Resnick told CoinDesk after quitting his Consensys job for a job at Anza.
Ethereum (ETH) is on track to reach new all-time highs in the near future, according to a popular pseudonymous crypto analyst known as Pentoshi. In a recent update to his 799,900 followers on X (formerly Twitter), Pentoshi shared his bullish outlook for Ethereum, citing strong demand for spot Ethereum exchange-traded funds (ETFs) as a key driver behind the altcoin's upward momentum.
An analyst has explained how XRP could eventually reach a $4.40 price target based on the bull pennant pattern that has formed in its 4-hour price. XRP Has Just Shown Its Third Straight Bull Pennant Pattern In a new post on X, analyst Ali Martinez has discussed the bull pennant patterns that have formed for XRP recently.
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Justin Sun, the founder of Tron, executed a transfer of 29,920 ETH valued at $119.7 million to HTX following Ethereum's impressive surge past the $4,000 mark. The transaction has sparked discussions regarding Sun's strategy—whether he's cashing out or setting the stage for additional profits.
Ripple (XRP) price has surged more than 330% in the last 30 days, surpassing Solana's market cap and reaching its highest levels in 6 years. However, its RSI is now at 46, a significant drop from the overbought level above 70 that was seen between November 29 and December 3, when XRP peaked around $2.90, its highest level since 2018.
ETH price lost the $4,000 level as Bitcoin and altcoins corrected. Is this a standard correction or is something else at play?
Cryptocurrency markets are trading lower despite U.S. Bitcoin ETF inflows nearing $10 billion. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,080.94 -2.8% Ethereum (CRYPTO: ETH) $3,798.59 -4.7% Solana (CRYPTO: SOL) $222.86 -5.6% Dogecoin (CRYPTO: DOGE) $0.4355 -6.3% Shiba Inu (CRYPTO: SHIB) $0.00002971 -7.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 2.4% and daily active addresses increasing by 8.7%.
A former XRP skeptic has made an unexpected statement declaring the present price chart of XRP to be the best among all the cryptocurrencies. This surprising praise has sparked debates about Ripple's digital currency, which still attracts strong advocates as well as outspoken detractors.
Bitcoin briefly rose back above $100K on Monday morning, but has since fallen, dragging many other major assets along with it.
Ripple CEO Brad Garlinghouse has addressed recent comments made by former SEC official John Reed Stark during a recent "60 Minutes" episode, arguing that his points were "provably false."
On-chain data reveals that a whale has increased their Eehereum holdings with a substantial purchase.
History shows Ethereum has defied the odds to stay the top altcoin—making a $16K target seem possible.
Cryptocurrencies took a breather today as the price of Bitcoin retreated from $100,000 and traded around $97,500 as of 1 p.m. ET. Treasury yields rose in anticipation of new inflation data later this week, but otherwise, it was not immediately clear what drove the sell-off.
XRP has been on an extraordinary price run since Donald Trump's surprise presidential election victory in early November, which many see as a catalyst for broader optimism in the crypto space.
Bitcoin's failure to hold $100,000 could attract profit booking from traders. Which altcoins will follow BTC's downtrend?
For the past few days, Ripple Labs CEO Brad Garlinghouse has remained in the spotlight. His recent interview with 60 Minutes is still trending on X with former US SEC Enforcement official John Reed Stark wading in.
TL;DR Tether reaches a record of 109 million active wallets, surpassing Bitcoin and approaching Ethereum, driven by its adoption in emerging markets. 29% of wallets with low balances have been reactivated, indicating recurring use of USDT, even among users with limited funds.
Ethereum's (CRYPTO: ETH) to $4,000 has come to a sudden end on Monday, but traders on social media continue to see bullish catalysts driving ETH higher in the future. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $3,848.94 $463.6 billion -3.5% +6.6% Bitcoin (CRYPTO: BTC) $97,809.31 $1.93 trillion -2.1% +2.6% XRP (CRYPTO: XRP) $2.41 $137.4 billion -6.9% -10.3% Trader Notes: With Ethereum prices dropping 3.7% below $4,000, crypto trader Wolf highlights $3,500 as “solid support,” suggesting this may be the final chance to buy before Ethereum accelerates higher.
U.S. SEC Chair Gary Gensler's reign over the crypto industry may have prompted the creation of super political action committee Fairshake.
Smart car project Dimo is migrating to Coinbase's Base to open the door to potentially valuable partnerships and collaborations.
The Ethereum (ETH) price is pulling back after running into a wall of resistance at the $4,000 level, and was last down around 4% this Monday in the $3,800 area. The post Ethereum Price Slumps 4% After $4,000 Breakout Failure, But History Suggests More Upside Coming appeared first on Cryptonews.
The Dec. 8 segment on the news program featuring Brad Garlinghouse did not mention that a federal judge ruled XRP was not a security in specific cases.
XRP continues its battle with Tether for the third position in terms of market cap.
XRP's "bullish pennant" could send it to $3.80 before the end of the year.
Crypto investment products achieved a historic milestone last week, recording a staggering $3.85 billion in weekly inflows, according to CoinShares' latest report on digital asset flows. These inflows pushed year-to-date (YTD) totals to $41 billion, with assets under management (AuM) climbing to $165 billion.
Cryptocurrency markets have been watching Donald Trump's change of heart on cryptocurrency.
The XRP (XRP) price has dipped substantially back from the multi-year highs it hit last week in the $2.90 area, and was last trading around $2.40, but whale activity on the XRP Ledger remains strong. The post XRP Price Targets $5 as Whales Load Up – Is Another Surge Coming? appeared first on Cryptonews.
Ethereum is portraying its position as a leader in the crypto market after its recent upward spike to the $4,000 mark, a level not seen for about three years. As ETH challenges resistance points, this notable rally toward the pivotal level has sparked strong confidence about its future performance.
Sellers have seized the initiative at the beginning of the week, according to CoinStats.
Digital asset investment products saw their highest-ever weekly inflows last week, totaling $3.85 billion, smashing the prior record set just weeks ago. This surge brought total year-to-date (YTD) inflows to $41 billion and assets under management (AuM) to a new high of $165 billion, according to a Coinshares report released on Monday.
Ripple CEO Brad Garlinghouse recently appeared on CBS's “60 Minutes.” However, the segment became more interesting when former SEC official John Reed Stark, a known crypto skeptic and supporter of SEC Chairman Gary Gensler, appeared to present opposing views on crypto's utility, regulation, and XRP's classification.
XRP's price has been seeing some significant movements lately, with recent whale transactions suggesting potential for a new all-time high (ATH). Over the past few hours, there has been a notable transfer of 34,943,418 XRP, worth approximately $84 million, between unknown wallets.
Short Bitcoin products experienced only $6.2 million in inflows, highlighting investor caution after Bitcoin's recent strong price momentum as it briefly breached $100,000.
Kicking off the week, meme coins are stealing the spotlight amid a widespread dip in the crypto economy. Monday's trading saw tokens like pepecoin network, fartcoin, and baby doge coin pulling ahead as the few standouts in an otherwise lackluster market. Several Meme Tokens Thrive Despite 3.
XRP price suffered a harsh reversal on Dec. 9, mirroring the performance of Bitcoin and other altcoins. Ripple (XRP) dropped to a low of $2.40, down by 16.
A swathe of older altcoins colloquially known as “dino coins” have rallied while many of the newer tokens have stalled; analysts explain some of the reasons why.
Cardano co-founder Charles Hoskinson revealed ongoing discussions with Ripple executives about integrating XRP into Cardano's Midnight sidechain.
Ethereum (ETH) is gaining significant attention as it continues its upward trajectory, with analysts predicting the price could surpass $5,000 by the end of 2025. This forecast is supported by emerging fractal patterns, a technical chart signal, and a major $500 million investment from BlackRock's Ethereum (ETH) ETF.
XRP's upward momentum has taken a hit after the price failed to reclaim its previous high of $2.9, sparking a fresh decline that has resulted in the price dropping toward previous support levels. The rejection has raised questions about the strength of the bulls and whether they can regain control to steer the price back to higher levels.
XRP has experienced a notable decline of 5% in the past day, trading at $2.42 as of this analysis. Despite the drop, technical indicators across multiple timeframes point to the potential for bullish momentum, with key levels and patterns offering insights for traders and investors.
Ethereum (ETH) price is sliding lower, in line with the rest of the crypto market. The drop comes as BTC slides below $100K again.
Ethereum Spot ETFs saw huge inflows in last week bringing in a total inflow of $837 million.
XRP price is down 13% from its peak of $2.75 last week but traders continue to remain bullish on the altcoin per its technical chart.
Justin Suns massive $119 million Ethereum transfer to HTX has sparked speculation amid ETHs rise past $4,000. Fueled by record ETF inflows, Ethereum continues to show strong bullish momentum.
Amid revolutionary announcements, technological developments, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic conflicts. Here is a summary of the most significant news from the past week concerning Bitcoin, Ethereum, Binance, Solana, and Ripple.