Cryptocurrency - news

Recent technical analysis has revealed that the XRP price is consolidating after breaking key resistance levels to new highs. A crypto analyst has warned of an impending XRP price crash, urging investors not to get distracted as the RSI is still significantly above 50%. Discussing his predictions through short and long-term XRP price charts, the analyst shows that the cryptocurrency is firmly positioned in a bullish trend despite impending corrections.  XRP Price RSI Hints At Potential Crash On the 4-hour XRP chart, a double tap structure is highlighted in the Relative Strength Index (RSI), a technical indicator used to measure the momentum of a cryptocurrency. This double tap pattern typically signals further downward movement before a price stabilization.   Related Reading: This Analyst Predicted The Dogecoin Price Crash 2 Days Ago, Full Prediction Shows A Further 30% Decline According to Dark Defender, a crypto analyst on X (formerly Twitter), the RSI’s recurrent dips into oversold [...]

Ripple’s chief legal officer has urged Congress to focus on innovation-friendly crypto regulation, rejecting punitive measures and abstract policies amid growing criticism of the SEC’s approach. New Congress, New Rules? Ripple’s Vision for Crypto Regulation Unveiled Ripple’s chief legal officer, Stuart Alderoty, has called for a pragmatic approach to cryptocurrency regulation in the upcoming Congress. […]

Tether has announced a $775 million strategic investment with video sharing platform Rumble just weeks after the platform announced it would be adding Bitcoin to its balance sheet.

Rumble, the video-sharing platform and cloud services provider has just inked a $775 million deal with Tether, the heavyweight of stablecoins. This blockbuster investment signals a partnership between two giants, both devoted to championing decentralization and the freedom of speech. Rumble Gains $775 Million Backing from Tether As revealed in a statement shared with Bitcoin.com […]

Bitcoin (BTC) recently hit an all-time high of $108,364, only to tumble to $92,118 within three days. This dramatic price drop coincides with growing political unease in the U.S., as the federal government faces a potential shutdown. Despite the downturn, some anticipate the emergence of a “God candle” that could mark bitcoin’s most impressive rebound […]

The Brazilian Senate scheduled a meeting to discuss the future and possibilities of crypto markets in 2025. The meeting will debate the opportunities and challenges that the adoption of these presents for the Brazilian state. Multi-Partisan Group Proposed to Discuss Crypto in the Brazilian Senate Next Year Crypto is becoming a common subject in legislative […]

The market for Dogecoin (DOGE) is contracting: the memecoin shed more than 25% of its value during the last three days. The broader market is still bearing the brunt of Bitcoin’s crash, worrying both investors and speculators. Related Reading: SUI The Rising Star: Analyst Foresees Over $25 Breakthrough Market Overview: A Sudden Change The recent drop in the value of crypto assets has caused around $787 million to be lost through liquidations of different types of digital assets. Dogecoin, which is often considered as a joke, has been among the hardest hit. Approximately $29 million in DOGE liquidations were recorded recently, with bullish positions suffering the most losses, according to CoinGlass data. In a mere 24 hours, the price of Dogecoin plummeted to a low of $0.34 before ultimately stabilizing at approximately $0.365, a 6.05% decline. Macroeconomic issues influencing more general market movements can help to explain this fall. The Federal Reserve’s concern about interest rate [...]

Japanese investment firm Metaplanet Inc. has raised $60.6 million (9.5 billion yen) through two bond issuances to bolster its bitcoin (BTC) holdings. Metaplanet Completes $60.6 Million Bond Issuance for Bitcoin Purchases The Tokyo-based company announced the completion of its fifth bond series issuance on Dec. 20, raising 5 billion yen. This follows a previous tranche […]

Developers will soon be able to deploy Solana-based AI agent applications on Injective and bridge a variety of cryptocurrencies between them.

  Over the past 12 days, Dogecoin (DOGE) has endured a sharp decline, shedding more than 40% of its value. After trading above $0.48 on December 8, the meme-inspired cryptocurrency briefly sank to $0.2638 by December 20, prompting a wave of speculation about its near-term direction. The backdrop to this drawdown has been the broader crypto market’s response to US Federal Reserve policy signals, with the latest downturn largely attributed to more hawkish projections from the Federal Open Market Committee (FOMC). While the Fed’s December meeting delivered a widely expected 25 basis point rate cut, the real shock came from the revised dot plot, which pointed to fewer future cuts than previously anticipated. The market had hoped for three rate cuts in 2025, but the FOMC’s guidance now leans toward just two, suggesting a more cautious approach amid persistent inflationary pressures. This shift in outlook triggered broad-based selling in risk-on assets, including cryptocurrencies. Bitcoin [...]

This week’s Crypto Biz explores Coinbase's wBTC controversial delisting, Deutsche Bank’s blockchain, USDT in Europe, FTX creditors repayment and BVNK’s move to the United States.

The 12 U.S. spot bitcoin ETFs recorded $680 million in outflows with the broader crypto market continuing to face a downturn. Biggest Outflow Day for Bitcoin ETFs The broader crypto market downturn finally caught up with exchange-traded funds (ETFs) with U.S. spot bitcoin ETFs registering a total net outflow of $680 million on Dec. 19. […]

The entire crypto market has been riddled with a notable decline in the past 24 hours, led by Bitcoin’s break below the $100,000 price level again. Dogecoin wasn’t left out of this decline, which saw its price crashing by almost 15% and eventually reaching below $0.31. However, technical analysis suggests that this price decline is very natural in Dogecoin’s current trajectory. This technical analysis offers a silver lining for Dogecoin enthusiasts, as it frames the pullback as a natural phenomenon within the broader ongoing bull cycle. Weekly Golden Cross And Its Implications For The Dogecoin Price Crypto analyst Kevin (Kev_Capital_TA) took to the social media platform X to highlight the significance of Dogecoin’s weekly golden cross amidst the ongoing market downturn. According to Kevin, Dogecoin experienced a weekly golden cross back in early November, coinciding with the US election period. Historically, such technical indicators signal strong bullish momentum to the upside. [...]