The Ethereum (ETH) network has remained the undisputed web3 leader, with over $69 billion in total value locked (TVL) and more than $103 billion in stablecoins market cap, majorly due to the significant development of its layer-two (L2) scaling solutions.

The cryptocurrency market showed mixed yet promising movement today, November 29, 2024, with Bitcoin (BTC) maintaining its position at $96K, signaling continued market confidence. Meanwhile, altcoins saw varied performances, with some recording significant gains and others showing slight declines.

XRP token soared more than 8% in the last 24 hours, outperforming major altcoins as the market saw a slight broader uptick. The post XRP Jumps 8% as Bitcoin Recovers to $96K Amid Broader Market Uptick appeared first on Cryptonews.

Over the past decade, the global money supply has surged by at least $50 trillion. The crypto market, especially Bitcoin, has benefited immensely from this rise, as BTC is generally considered as a hedge against inflation. Recently, the global money supply has seen a sharp drop.

OKG Research's forecast of $2.28 trillion in bitcoin inflows by 2025 underscores the asset's growing importance in the global financial ecosystem.

After briefly retreating to $90,000 earlier in the week, Bitcoin has rebounded strongly, climbing above the $95,000 price. Currently trading at $95,224, Bitcoin has recorded a 7% gain over the past two weeks, signaling renewed bullish momentum.

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Vancouver is the latest city to join the discussions on adding Bitcoin to the government's financial reserves. At a city council meeting on November 26th, Mayor Ken Sim submitted his notice of motion, where he plans to introduce his proposed Bitcoin bill on December 11th.

Ripple's XRP has been making impressive strides, with a 6% increase in the last 24 hours, bringing its price to just under $1.50. Over the past seven days, XRP has surged by an impressive 36%, positioning it for a potential rally toward the $2 mark.

Spot Bitcoin exchange-traded funds in the U.S. have experienced significantly lower inflows compared to their Ethereum counterparts during the last four trading days, from Nov. 22 to the day before Thanksgiving.

The cryptocurrency market today has been steady, with a 24-hour gain of 0.16%, taking the total market capitalization to $3.31 trillion. The intraday trading volume also shot up by the same margin, reaching $197.98 billion.

XRP has been in the spotlight for many years. Sometimes for the Ripple Vs XRP case while the other for helping big banks making cross border payment. Many experts believe the suppression by the SEC has been the reason XRP did not get the attention it deserved.

Bitcoin has made a strong comeback, jumping above $96,000 after a dramatic dip to $90K just days ago. This price change has gotten a lot of people talking as Bitcoin gets closer to reaching the $100K mark. Perhaps according to Financelot's latest analysis, Bitcoin could climb as high as $109K before possibly pulling back.

According to 100eyes Crypto Scanner, the Ripple-affiliated XRP cryptocurrency is currently approaching horizontal resistance near the $1.6 level.

Story Highlights Ripple price surges ~7% and reclaims the $1.5 mark today. The technical indicators record increased bullish sentiment. Sustained bullish action could result in the altcoin achieving a new 52-week high. With a favorable development for XRP in the Ripple vs SEC lawsuit, the XRP price has successfully retested its important support level.

As US markets closed for Thanksgiving Day, the largest cryptocurrency on the market, Bitcoin (BTC), recovered the $96,000 mark, inching closer to its all-time high of $99,500 and the much-coveted $100,000 milestone. Analysts Skeptical Of Sustaining Momentum Toward $100,000 Recent fluctuations in Bitcoin's price have been attributed to a combination of profit-taking by long-term holders and broader market dynamics.

A quant has explained how Ethereum is now in its secondary bull run phase according to the trend in this popular on-chain indicator.

Bitcoin's recent correction, dropping below the critical $93,000 level, has left short-term holders (STHs) grappling with significant losses. This decline comes after Bitcoin failed to breach the much-anticipated $100,000 resistance, a key milestone that many had hoped would mark the next phase in the ongoing bull market.

Bitcoin DeFi is gaining momentum, and Charles Hoskinson predicts it will surpass other blockchain DeFi systems in the next few years.

The motion demands a report on using Bern's unused energy for Bitcoin mining, partnering with Swiss firms, and stabilizing electricity grids.

While more than 90% of Ether holders are in profit, data shows traders remain cautious about the asset hitting $4,000 anytime soon.

SOS Limited, a Chinese public company, has announced a bold move to deepen its crypto investments with a $50 million commitment to Bitcoin.

Today, over $10 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are due to expire.

In a Kitco news interview, Frank Holmes, CEO of U.S. Global Investors and Executive Chairman of HIVE Digital Technologies, believes that in the coming years, alternative assets like gold and Bitcoin will play a bigger role in investors' portfolios.

Just as Ethereum price has been showing strength above $3,500 levels, selling by Ethereum whales picked up once again. The heavy ETH offloading to exchanges by whales has caught investors' attention on whether the profit-booking begins even before reaching $4,000.

According to a Fox Business reporter, the former U.S. Commodity Futures Trading Commission (CFTC) chair Christopher Giancarlo believes that the next U.S. Securities and Exchange Commission chair might drop the Ripple case. Another poll posted on X by Good Morning Crypto revealed that out of the 1312 votes, over 94% of the respondents believed the Ripple case would be dismissed.

Bitcoin may face a correction as the XAU/BTC ratio hits historical lows, signaling overbought conditions. Analysts eye $62,000 as a key support level.

Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, has recently surged past a critical resistance level, capturing significant attention from both investors and traders. As of November 28, 2024, Ethereum's breakout from a five-day-long consolidation zone indicates the potential for a substantial rally in the coming days.

Switzerland has officially passed legislation to explore Bitcoin mining, signaling a growing acceptance among traditional financial institutions and governments worldwide.

Tether's decision to discontinue EURT and prioritize USDQ and EURQ highlights the company's forward-looking approach. Tether is Phasing out EURT Tether has decided to pull the plug on its Euro-pegged stablecoin, EURT. According to Tether's announcement, holders of EURT will have until Nov.

Ethereum user p0pular.eth recently managed to trick Freysa, a recently released artificial intelligence (AI) agent, into transferring them its prize pool of 13.19 ETH ($47,000 USD).

Another Friday has arrived, and a huge batch of Bitcoin options are set to expire as the asset starts to recover from its correction.

Solana started a fresh increase from the $220 zone. SOL price is rising and aiming for a sustained upward move above the $250 resistance.

Ethereum has achieved its highest price point in almost six months, reaching $3,682 during early trading on Thursday, November 28, 2024. This marks an 18% gain over the past week, fueled by growing institutional interest, particularly in the form of spot Ether ETFs in the United States.

After an impressive performance on Wednesday, Ethereum (ETH) price has been forming a bullish pennant in the hourly time frame.

Spot Ether ETFs racked up $224.9 million in net inflows over the last four trading days — around $190 million more than the spot Bitcoin ETFs.

Spot Ether ETFs racked up $224.9 million in net inflows over the last four trading days — around $190 million more than the spot Bitcoin ETFs.

After retesting the levels below $95k, Bitcoin has now hit reverse and is trading close to the $97k level at the time of writing. Despite erasing the gains made in the past seven days, BTC bulls are now eyeing the $100k crucial level.

Bitcoin, the world's largest cryptocurrency by market capitalization, is heading to the next target price of $100,000 after rising 33% in just a month, but Cardano's founder projects beyond.

Ethereum surges past $3,600 with $43B daily trading volume Altcoin Season Index reaches 61/100, nearing critical threshold Technical indicators suggest potential push toward $4,093

Solana (SOL), the fourth biggest crypto, took a halt from its all time high (ATH) rally but it seems like that the crypto whales are not holding back. Data from Lookonchain shows that a whale had scooped $60 million worth of SOL over the past month.

The crypto prices today remain steady compared to yesterday, showing minimal fluctuations over the last 24 hours. Bitcoin (BTC) regained $97K reflecting strong market sentiment, while major altcoins displayed mixed movements.

The legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) continues, despite some recent developments. Ripple has recently gained attention as a U.S. court approved its request to fast-track the final judgment in the XRP lawsuit. This decision could mean the case, which has been dragging on for years, might end sooner.

XRP price is rising and gaining pace above the $1.480 zone. The price is showing positive signs and might soon aim for a breakout above the $1.60 level.

Solana price is on track for its first weekly loss in four weeks as the recent bullish momentum faded. The SOL coin was trading at $240, a few points below the year-to-date high of $264.7.

Switzerland's Bern canton parliament just gave the green light to a Bitcoin mining report, but not without stirring up some drama. The motion passed with 85 votes in favor and 46 against, despite opposition from the Government Council.

US Bitcoin ETF inflows are on track for a record monthly high of $6.2 billion in November, driven by increasing investor interest.

Ripple's XRP has crossed the hurdle at $1.50 and is trading close to the $1.60 levels at the time of writing. The price has recently broken out above key resistance levels and continues its upward movement. The altcoin is up by more than seven percent in the last 24 hours and is now eyeing $2.