Cryptocurrency - news
|
---|
18.12.2024 05:08 XRP price started a fresh increase above the $2.50 zone. The price is now consolidating gains and might soon aim for a move above the $2.62 resistance. XRP price started a fresh increase above the $2.50 zone. The price is now trading above $2.50 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.53 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.62 resistance. XRP Price Pops Above $2.50 XRP price started a decent upward move above the $2.50 level, beating Bitcoin and Ethereum. There was a move above the $2.55 and $2.62 resistance levels. The price even spiked above $2.70 before the bears appeared. A high was formed at $2.7267 and the price is now consolidating gains. There was a minor decline below $2.620. The price dipped below the 23.6% Fib retracement level of the upward move from the $2.3272 swing low to the $2.7267 high. The price is now trading [...] newsbtc.com |
18.12.2024 04:20 Bloomberg ETF analysts Eric Balchunas and James Seyffart expect Litecoin and Hedera will also get spot ETFs, but aren’t convinced there’ll be much demand for them. cointelegraph.com |
18.12.2024 04:18 Ethereum price failed to settle above the $4,000 zone. ETH is correcting gains and might struggle to stay above the $3,820 support zone. Ethereum started a downside correction from the $4,100 zone. The price is trading below $3,980 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,940 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it fails to stay above the $2,820 support zone. Ethereum Price Fails Again Ethereum price struggled to stay above the $4,000 level and underperformed Bitcoin. ETH started a fresh decline and traded below the $4,000 support zone. There was a move below the $3,980 and $3,940 support levels. Besides, there was a break below a key bullish trend line with support at $3,940 on the hourly chart of ETH/USD. The pair even dipped below the $3,850 level. A low was formed at $3,837 and the price is now consolidating losses. Ethereum price is now trading below [...] newsbtc.com |
18.12.2024 04:12 Bitfinex analysts said that increasing Bitcoin institutional adoption will create strong demand-side pressure, making Bitcoin price dips in 2025 short and temporary. cointelegraph.com |
18.12.2024 04:00 The on-chain analytics firm Glassnode has revealed the reason why Solana (SOL) has recently been lagging behind Bitcoin (BTC) and Ethereum (ETH). Solana Realized Cap Growth Has Slowed Down Recently In a new post on X, Glassnode has discussed about how the recent performance of Solana has stacked up against the two largest coins in the sector. “Looking at price performance, SOL outpaced both ETH and BTC for most of Q4 2024,” notes the analytics firm. “However, since early December, ETH has taken the lead, outperforming the other two assets.” As it stands right now, Bitcoin is up around 18% over the past month, Ethereum 28%, and Solana 3%. Thus, SOL has clearly fallen off after being the market leader just earlier. Related Reading: Bitcoin Top Here? What Historical HODLer Selloff Pattern Says What could be behind this shift in the market? The answer to the question could lie in the capital flows that these cryptocurrencies have recently been observing. In order to estimate the capital [...] newsbtc.com |
18.12.2024 03:38 Bitcoin price started another increase above the $106,000 resistance zone. BTC traded to a new all-time high above $108,000 and is currently correcting gains. Bitcoin started a fresh surge above the $106,000 zone. The price is trading above $105,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $106,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $103,750 support zone. Bitcoin Price Remains In Uptrend Bitcoin price formed a base and started a fresh increase above the $103,500 zone. There was a move above the $104,000 and $105,000 levels. The price even cleared the $106,000 level. A new all-time high was formed at $108,297 and the price is now correcting gains. There was a minor decline below the 23.6% Fib retracement level of the recent wave from the $99,250 swing low to the $108,297 high. There was a break below a key bullish trend line with [...] newsbtc.com |
18.12.2024 03:30 Pantera Capital founder Dan Morehead backs the U.S. proposal for a strategic bitcoin reserve, urging a pivot from gold to “digital gold” to secure financial leadership. Dan Morehead Champions US Bitcoin Reserve Proposal Dan Morehead, founder and managing partner of hedge fund and venture capital firm Pantera Capital, appeared on CNBC’s ‘Fast Money’ last week […] bitcoin.com |
18.12.2024 03:23 A recent Emerson College poll found that about 19% of US voters had used crypto, and most had a favorable opinion of President-elect Donald Trump. cointelegraph.com |
18.12.2024 03:00 In a post on X dated December 17, 2024, Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, shared his personal top three predictions for the crypto sector in 2025. His insights come at a time when the crypto market has experienced significant growth, and after Bitwise released its annual top 10 crypto predictions for the next year. #1 Bitcoin Structured Products Surge Park predicts that by 2025, Bitcoin structured products will see an asset influx of at least $5 billion. He states, “The cold, hard truth is that most private wealth managers and institutions remain hesitant about taking on directional Bitcoin exposure.” Related Reading: Crypto Watchlist: Top 5 Coins To Watch This Week He elaborates that products like buffered notes and principal-protection ETFs will be pivotal in bridging this gap, offering tailored exposure to Bitcoin’s volatility to meet institutional preferences. “I predict that buffered notes, principal-protection ETFs, and similar instruments will [...] newsbtc.com |
18.12.2024 02:00 According to Messari’s most recent analysis, Solana (SOL) is primed for explosive expansion in 2025, fueled by major funding, technological improvements, and growing institutional interest. Related Reading: The $589 XRP Dream: Believers Aren’t ‘Delusional’ Enough, Expert Says The study indicates that in the third quarter of 2024 Solana’s ecosystem funding reached $173 million, the highest level since mid-2022. This money flow shows a strong conviction in Solana’s ability to be the top blockchain platform. Solana: Key Drivers Of Growth One of the key reasons for this positive prognosis is the upcoming introduction of a spot SOL Exchange-Traded Fund (ETF). As regulatory conditions improve, experts predict that institutional investors will flock to Solana, increasing its market position. We are so back! The Messari Theses for 2025 is live and available for free. Jump into the full report now ⬇️ pic.twitter.com/AzOZhiAib5 — Messari (@MessariCrypto) December 16, 2024 The introduction of a [...] newsbtc.com |
18.12.2024 01:57 Parody X account Richard E. Ptardio was given memecoins bearing his likeness, which he donated to charity. cointelegraph.com |
18.12.2024 01:30 Binance was the first to receive a cease-and-desist letter from lawyers representing the social media influencer. PNUT Meme Coin Listings Trigger Potential Litigation Mark Longo owner of Peanut – the squirrel that rose to national stardom after it was seized and abruptly euthanized by the New York State Department of Environmental Conservation (NYSDEC) – said […] bitcoin.com |
18.12.2024 01:14 Ohio has become the third US state behind Texas and Pennsylvania to see bills introduced to establish Bitcoin reserves as part of the state treasury. cointelegraph.com |
18.12.2024 01:00 A crypto analyst on TradingView, known as ‘Tradecitypro,’ has published a detailed Fantom (FTM) report, breaking down the cryptocurrency’s price action across the daily and 4-hour timeframe. After accurately predicting Fantom‘s surge above $1, the analyst highlights key price levels, market trends, potential price movements, and bullish technical indicators for FTM’s next parabolic trend. Fantom Daily Timeframe: Signs Of Trend Weakness After correctly forecasting FTM’s price breakout at $0.84, the TradingView analyst has revealed that the cryptocurrency is now following a parabolic uptrend, supported by a curved ascending trendline. According to the analyst, Fantom’s price has reacted multiple times to this distinctive trendline, ending price corrections and resuming its upward momentum. During the last bullish surge during Fantom’s uptrend, the cryptocurrency broke past the 0.7707 resistance and rose to the weekly resistance zone at 1.1116, where it stabilized above that level. [...] newsbtc.com |
17.12.2024 23:45 The entity claiming to have built the “airdrop tech” for the HAWK meme coin now blames Haliey Welch for the token’s implosion. Hawk Meme Coin Business Partner Turns on Haliey Welch Overhere, the company claiming to have launched the HAWK meme coin – named after Internet sensation Haliey Welch, also known as Hawk Tuah Girl […] bitcoin.com |
17.12.2024 23:30 Solana (SOL) has been holding steady above a crucial demand level near $210, a key area that could ignite a massive bull run. After reaching an all-time high (ATH) on November 22, Solana has experienced a 23% retracement, testing investor confidence. However, analysts remain optimistic, with many expecting a significant upward move in the coming weeks. Related Reading: Ethereum Forming A Symmetrical Pattern – Key Resistance At $4,100 Renowned analyst Jelle recently shared a technical analysis highlighting Solana’s strong potential. According to Jelle, the monthly chart for SOL is primed for an “absolute monster run,” indicating that the current consolidation phase may be laying the groundwork for a powerful breakout. This view aligns with the broader sentiment that Solana’s resilience above $210 could act as a springboard for the next phase of its rally. As one of the leading altcoins in the crypto market, Solana has attracted attention for its robust performance and potential to lead [...] newsbtc.com |
17.12.2024 23:15 Is China secretly stacking Bitcoin and gearing up to unban it? Let me break down why I think they’re about to make a huge move—and sooner than you think. bitcoinmagazine.com |
17.12.2024 22:55 On Dec. 16, US spot and derivative Bitcoin ETFs collectively broke $129 billion in net assets, surpassing gold ETFs for the first time. cointelegraph.com |
17.12.2024 22:54 The 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network” report by Coin Metrics and analyst Matías Andrade. Battle for Hashrate Dominance The April 2024 halving, which slashed block rewards from 6.25 BTC to 3.125 BTC, severely impacted miner earnings. Coin Metrics’ new report reveals […] bitcoin.com |
17.12.2024 22:33 Two Chinese citizens and a UAE trading company have been sanctioned by the United States for their alleged roles in money laundering for North Korea. cointelegraph.com |
17.12.2024 22:00 A notable financial expert and wealth mentor, Linda Jones, has explained why XRP is a good long-term investment. In her video “Why Do I Hold XRP?”, she underlines the cryptocurrency’s potential to change finance. Many investors are watching XRP as a crypto market challenger due to Ripple’s progress and institutional involvement. Related Reading: The $589 XRP Dream: Believers Aren’t ‘Delusional’ Enough, Expert Says Ripple Institutional Adoption Expanding XRP is becoming more popular among financial institutions as a result of Ripple’s aggressive positioning of its coin as a means of facilitating faster and less expensive cross-border transactions. More than 300 major financial institutions, including banks and payment processors, have embraced the XRP Ledger (XRPL), enhancing its legitimacy and usefulness. This growing acceptance is crucial because it shows how the altcoin is being used in actual financial systems. I love this video! The best! ???? #XRP #Ripple https://t.co/lt3gAl0E0F [...] newsbtc.com |
17.12.2024 22:00 This year has been excellent for Solana, which saw its token reach a new ATH at $263.83 on November 23rd and the release of pump.fun, a meme coin launchpad that already recorded more than $300 million in revenue. However, its main blockchain still leverages Layer 1 technology, which can cause issues for meme coin traders […] bitcoin.com |
17.12.2024 21:50 Crypto markets have danced to the tune of the Santa Claus rally effect eight times in the last ten years, according to an interesting report from Coingecko, penned by analyst Lim Yu Qian. Holiday Cheer or Crypto Chill? Coingecko Breaks Down the Santa Rally Effect The Santa Claus rally is all about the market’s cheer […] bitcoin.com |
17.12.2024 21:32 This edition of Cointelegraph’s VC Roundup features Morph, Brighty, AgriDex, Yei Finance, Superform, Waterfall Network and Union. cointelegraph.com |
17.12.2024 21:14 The US president, with only a month left in office, reportedly said “nobody in the Congress should be able to make money in the stock market” while serving the United States. cointelegraph.com |
17.12.2024 21:10 Lately, there’s been a whirlwind of chat about Bitcoin’s consensus tweaks, Core developers, and the Lightning Network. This week, Taproot Wizard Eric Wall made a bold claim: BTC has one last shot to beef up its features beyond just being digital gold, or it might fade into obscurity as a peer-to-peer currency. Taproot Wizard Says […] bitcoin.com |
17.12.2024 21:00 A recent BIP has been proposed to change the way units of bitcoin are displayed, but this proposal is not needed. bitcoinmagazine.com |
17.12.2024 20:39 The non-fungible token (NFT) project’s new token has had a lackluster debut in the early hours of trading. cointelegraph.com |
17.12.2024 20:36 French regulators banned unregistered crypto-asset
ATMs operating within the country, targeting businesses that provide illegal
digital asset services. The French Financial Markets Authority (AMF)
collaborated with the Paris inter-regional jurisdiction (JIRS) to carry out a
series of investigations, leading to search and seizure operations in June and
December 2024.According to the regulator, the crackdown followed concerns about heightened money
laundering and illegal crypto-asset services. With the rise of crypto ATMs that
enable users to buy or sell digital assets like Bitcoin using cash, French
regulators are doubling down on enforcing strict compliance under the Monetary
and Financial Code.Mandatory Registration Under French law, crypto-asset ATMs, which allow transactions between legal tender and digital assets, must register as digital asset service providers. The regulator cited a financial regulation that
mandates the registration of crypto ATMs, saying violations will [...] financemagnates.com |
17.12.2024 20:30 Crypto analyst Tony Severino has drawn a similarity between the current Bitcoin price action and that of the 2017 bull run. Based on these similarities, the analyst raised the possibility of the flagship crypto witnessing an 80% surge from its current level. Bitcoin Price Eyes 80% Surge If History Repeats Itself In an X post, Tony Severino suggested that the Bitcoin price could rally to $190,000 if history repeats itself. This came as the analyst drew a comparison between the 2024 and 2017 Bitcoin Elliott Wave count, which indicated that Bitcoin could replicate the price movement from the 2017 bull run. Related Reading: Time To Sell XRP? Price Completes Head And Shoulder Pattern, Suggesting Crash To $2.2 Is Imminent The analyst’s accompanying chart showed that the Bitcoin price could reach $190,000 on the fifth wave, with this price target marking the peak for the flagship crypto in this cycle. This rally to $190,000 would be similar to how Bitcoin rose from $7,550 in the 2017 bull [...] newsbtc.com |
17.12.2024 20:05 Solana fights bearish headwinds, but a historical chart pattern points to a possible rally to $300 in the near future. cointelegraph.com |
17.12.2024 19:59 This final guidance calls for a commonly adopted application of the definition of “financial instrument” across EU member states. cointelegraph.com |
17.12.2024 19:40 The update to the calendar makes it unlikely lawmakers will be able to vote on the SEC commissioner’s nomination before the next session of Congress. cointelegraph.com |
17.12.2024 19:31 The new service is available “starting with” US companies paying contractors in 69 countries. cointelegraph.com |
17.12.2024 19:30 A blockchain detective has dropped a bombshell update: hackers linked to the infamous 2022 Lastpass breach have drained a staggering $12.38 million in cryptocurrency from over 100 victimized wallets, marking a significant escalation in this ongoing security saga. Blockchain Sleuth Uncovers Millions in Crypto Stolen Post-Lastpass Hack According to blockchain investigator Zachxbt, the total theft […] bitcoin.com |
17.12.2024 19:00 PRESS RELEASE. Shieldeum, a leader in decentralized infrastructure, has just revealed its exciting roadmap for 2025, outlining a bold vision for the future. The company is gearing up to roll out a series of game-changing product releases throughout the year, each designed to push the boundaries of what’s possible in the Web3 industry. With these […] bitcoin.com |
17.12.2024 19:00 XRP has entered a consolidation phase after reaching a multi-year high of $2.90 during the first week of December. The cryptocurrency’s price action has left investors uncertain about its next move, fueling speculation about whether XRP will surpass the critical $3 mark or if the cycle top has already been set. This indecisive environment reflects a broader trend of caution among market participants, as XRP’s future remains unclear. Related Reading: Ethereum Whales Load Up: Bullish Sign Or Bear Trap? Ali Martinez, a prominent crypto analyst, recently shared insights suggesting that XRP has been trading within a bull flag pattern, a classic continuation signal in technical analysis. According to Martinez, the key to unlocking XRP’s next rally is overcoming the $2.60 resistance level. A breakout above this threshold could set the stage for XRP to push past $3 and potentially explore even higher price levels. As the market closely watches XRP’s movements, the $2.60 level has become a [...] newsbtc.com |
17.12.2024 18:35 After much anticipation, Ripple’s stablecoin, Ripple USD (RLUSD), is now live on global exchanges. The listing of the digital asset has caused a surge in the trading volume of the token native to the blockchain XRP.Data from CoinMarketCap shows that XRP’s 24-hour
trading volumes soared 80% to $18 billion. At the time of writing, XRP traded
at $2.62 with a market capitalization of $149 billion, ranking third behind
Bitcoin and Ethereum. In the past day alone, the price has risen nearly 5%, while the gains are more than 25% in the weekly chart. In contrast, Bitcoin and Ethereum have not changed much in the daily chart, trading at $106,895 and $3,945, respectively.Ripple’s New Digital DollarRipple has officially entered the stablecoin market
with the launch of its new digital currency, Ripple Dollar (RLUSD). Announced
on December 17, RLUSD is now live on major global exchanges. RLUSD seeks to
offer cross-border transactions.According to the company, the token is backed by US
dollar [...] financemagnates.com |
17.12.2024 18:33 XYO is the world’s first and largest DePIN. Bridging the physical and digital worlds, XYO securely collects, validates, and connects real-world data with blockchain and Web2 platforms. Markus Levin, Co-Founder of XYO and Head of Operations for XY Labs, recently joined the Bitcoin.com News Podcast to share his extensive journey through the crypto landscape. From […] bitcoin.com |
17.12.2024 18:26 In the latest 99Bitcoin documentary, we take a scalpel to the influence of BlackRock, peeling back..
The post The Secret BlackRock Crypto Agenda EXPOSED – What We Know appeared first on 99Bitcoins. 99bitcoins.com |
17.12.2024 18:24 Gridless’ co-founder Janet Maingi explains how her company’s Bitcoin mining work is helping to electrify rural Africa, leading to a better quality of life for those in the communities Gridless touches. bitcoinmagazine.com |
17.12.2024 18:17 The capital will be used to expand BVNK’s operations to San Francisco and New York City in 2025. cointelegraph.com |
17.12.2024 18:12 In what is being hailed as one of the largest airdrop campaigns in NFT history,..
The post PENGU Airdrop For NFT holders, ETH And Sol OG wallets – Biggest NFT Project Drop Of 2024? appeared first on 99Bitcoins. 99bitcoins.com |
17.12.2024 18:12 Bitcoin Magazine Pro lead analyst Matt Crosby uses mathematical analysis to predict the next Bitcoin bull cycle peak, forecasting a potential peak price between $256,000 and $310,000 by August 24, 2025. bitcoinmagazine.com |
17.12.2024 18:09 Cryptocurrency collided with terrorism and ISIS in a way that can’t be ignored with the..
The post Who is Mohammed Chhipa? Virginia Man Funds ISIS With Near $200K in Crypto appeared first on 99Bitcoins. 99bitcoins.com |
17.12.2024 18:08 Binance has introduced Binance Alpha, a new feature within
Binance Wallet, focusing on early-stage crypto projects in the Web3 ecosystem.
The platform highlights tokens with growth potential and serves as a
pre-listing token selection pool. Binance Alpha aims to increase transparency in the token
evaluation process for Binance Exchange listings. Web3 Tokens Featured on BinanceThe platform does not guarantee that featured tokens will be
listed on the Binance Exchange. However, some projects may be considered for
future listings. Binance Alpha provides users with information about
early-stage tokens that could impact the blockchain and Web3 landscape.Binance Alpha will go live on December 18, 2024. On the
launch date, five tokens will be announced. An additional five tokens will be
revealed on December 19, with another set of five on December 20. Binance plans
further token announcements beyond these dates. Users can follow Binance
Wallet’s official X account for updates.Introducing [...] financemagnates.com |
17.12.2024 18:07 ETH continues to show strength after its rally above $4,000, and bulls appear to be targeting its 2021 all-time highs under $5,000 and beyond. cointelegraph.com |
17.12.2024 18:05 XRP is buzzing at $2.62, boasting a market cap of $147 billion, a trading volume of $18.35 billion, and an intraday price range from $2.37 to $2.71. XRP The 1-hour chart shows a thrilling spike to $2.72, followed by a dip with lots of trading action. Support is clinging around $2.55 to $2.60, while resistance […] bitcoin.com |
17.12.2024 17:58 MicroStrategy’s steady Bitcoin purchases could send its market cap above Starbucks and Nike if BTC rallies above $138,000. cointelegraph.com |
17.12.2024 17:49 The Ethereum DeFi sector is enjoying a strong recovery in the fourth quarter of the..
The post Ethereum DeFi Sector on the Rise as This AI Altcoin Prepares to Launch Innovative Trading Solution appeared first on 99Bitcoins. 99bitcoins.com |