With bitcoin reaching unprecedented heights, critics have come out in full force, dusting off age-old arguments. The tired accusations resurface: calling it a pyramid scheme, claiming it's worthless because it isn't physical, or likening it to the infamous Tulip mania. These overused jabs seem to have become a standard playlist whenever bitcoin captures attention.
Bitcoin predictions easily favor a six-figure BTC price by the start of 2025, but sell-side pressure keeps growing.
In a major milestone for the XRP community, the cryptocurrency has broken out of a seven-year symmetrical triangle pattern, igniting analysts' predictions of an unprecedented bull run. This breakout propelled XRP above $1.50 on Saturday, following a remarkable 30% surge since Friday's market open.
As Bitcoin jumped 8% in the past 7 days to inch closer to the $100,000 milestone, the BTC dominance in the crypto market has now reached 58.45%. Amid this bullish scenario, the XRP price has crossed the $1.50 psychological mark.
Bitcoin's ongoing price surge, which has seen the cryptocurrency near the $100,000 mark, is showing striking similarities to the bull market of 2020, according to Ki Young Ju, the CEO of CryptoQuant. In a recent Twitter thread, Ju explained that Bitcoin's current rally appears to be driven by a pattern of long-term accumulation by large investors, or “whales,” similar to the behavior observed during the last major market surge.
Bitcoin's price action has historically benefited from economic concerns and issues in the banking industry.
Investor and author of the best-selling personal finance book Rich Dad Poor Dad, Robert Kiyosaki, has criticized an unnamed gold advocate for disparaging MicroStrategy's (NASDAQ: MSTR) Bitcoin (BTC) investment plan.
Demand for spot Bitcoin exchange-traded funds soared to its highest levels since launch, with a whopping $3.38 billion flowing in this week, and experts foresee even greater momentum once BTC surpasses $100,000.
Ethereum whales have transferred 120,000 ETH tokens worth $217.4 million over the past 24 hours.
On-chain data shows the Bitcoin Hashrate has surged to a record value as the coin's price has continued to explore new all-time highs (ATHs).
Cryptocurrency is at the forefront of investors minds as they brace for a second term from President-elect Donald Trump. Professional Capital Management Founder and CEO Anthony Pompliano talked about where bitcoin could go next after enjoying a nice run after the election results.
Bitcoin (BTC), the largest cryptocurrency, is approaching $100,000. While some experts are sure that the markets are already overheated, CryptoQuant's researchers explain why the peak is nowhere near.
An analyst who became popular after accurately calling the 2022 crypto meltdown is warning that Bitcoin (BTC) may hit a local top at any moment. Pseudonymous analyst Capo tells his 102,828 subscribers on the instant messaging platform Telegram that Bitcoin may abruptly retrace and give up its recent large gains.
Cardano (ADA) has been making headlines with its impressive surge in price, outpacing Bitcoin's (BTC) post-election performance, according to a recent segment on Bloomberg's China Show. While Bitcoin has enjoyed a notable 46%-47% increase since the U.S. election, Cardano has emerged as the standout performer, with ADA soaring nearly 100% in the same period.
Chainlink price is experiencing a surge in bullish momentum, supported by the formation of an ascending triangle pattern. This technical structure signals potential price gains as LINK breaks through key resistance levels.
A leak has revealed the U.S.
The beginning of the weekend has turned out to be bullish for most of the cryptocurrencies, according to CoinStats.
Cardano (ADA) has reclaimed the $1 mark for the first time since April 2022, marking a significant milestone in its recovery. Over the past 24 hours, ADA surged more than 25%, reaching a high of $1.09.
American blockchain payments firm Ripple Labs Inc. has amplified the testing for its RLUSD stablecoin on the mainnet. The Ripple Stablecoin Tracker reported that the firm minted 10,500,000 RLUSD at the token Treasury.
The crypto market is back in its form with Bitcoin showing signs of a bigger breakout as expected by the year's end. Altcoin Daily's latest video breaks down Bitcoin's explosive momentum and what could drive its price to $250,000 by the end of 2025.
Analysts are eyeing a potential $20,000 cycle top for the Ether price, which is expected to gain momentum in the first half of 2025.
Bitcoin (BTC) price today trades at as of . BTC price hit a daily high of today after rallying % on.
The world of cryptocurrencies is in constant upheaval, but certain developments draw particular attention due to their scale and implications. Indeed, open interest in futures contracts on Ethereum has just crossed an unprecedented threshold, surpassing 20 billion dollars.
Ripple News Now : In the last seven days, with an impressive growth of 55.8%, XRP has outperformed almost all of the top cryptos. Including Bitcoin, Ethereum, Solana, BNB, Dogecoin and Cardano. The strong bullish sentiment that has emerged in the XRP market has grabbed the attention of many crypto enthusiasts.
Some of the predictions see XRP go as high as $5 during this cycle.
Ripple's momentum will decide if its resurgence marks a breakout or echoes past cycle pitfalls.
Cboe, the derivatives exchange for digital assets and securities trading, is set to make a big addition to the crypto landscape by launching the first cash-settled index options linked to Bitcoin's (BTC) spot price movements. Scheduled to debut on December 2, these options will be based on the Cboe Bitcoin ETF Index, which tracks a selection of US-listed spot Bitcoin exchange-traded funds.
Cardano (ADA) has smashed the $1 milestone, hitting $1.13 after months of consolidation. Renewed crypto optimism in the US and globally fuels the rally.
Bitcoin, the first and largest cryptocurrency by market capitalization, is attempting to break the long-anticipated $100,000 per coin mark amid a couple of close calls over the last day.
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The crypto market is expecting Bitcoin price to break the $100k mark imminently, with analysts saying the altcoin season is next. Meanwhile, Solana, XRP and Cardano have soared to new highs after the SEC Chair announced he will be leaving the agency on January 20.
A widely followed cryptocurrency analyst and trader is turning bullish on a large-cap altcoin that has more than doubled in price over the past two weeks.
Most of the coins remain in the green zone, however, there are some exceptions, according to CoinMarketCap.
Bitcoin (BTC) is firmly on its way to $100,000 after setting a new ATH of $99,655. BTC may soon reach this critical level, but its dominance has slightly declined after reaching a 60.58% peak recently.
Cardano breaks the $1 barrier for the first time in nearly a year, fueled by surging on-chain activity.
Bitcoin reached a new ATH of $99,655, with November gains at 40.8%. US spot Bitcoin ETFs added over $30B in inflows, led by BlackRock's $2.05B purchase.
Robert Kiyosaki, investment guru widely known for his best-selling book on finance management “Rich Dad Poor Dad”, has published a post on his X page to talk about Bitcoin, MicroStrategy's boss Michael Saylor and those who have been criticizing him severely as of late.
The XRP community is filled with excitement over new rumors about a potential “emergency settlement” in the ongoing Ripple lawsuit. These speculations have gained momentum after SEC Chair Gary Gensler announced his resignation, effective January 20, 2025.
Ethereum Spot ETF inflows surged to $91.2 million, reversing six consecutive days of outflows.
Veteran trader and market expert Peter Brandt has sparked discussions in the broader crypto market, anticipating a potential Bitcoin selloff in the coming days. This comment comes as BTC continued to flirt near the $100K mark in recent days, indicating a strong market confidence towards the crypto.
The crypto market scenario has completely changed since the U.S. election results, as a change in the leadership is expected to offer regulatory clarity to the space. Moreover, the Cardano founder being the crypto advisor to the new president has induced huge confidence in ADA, which flung into action in no time.
XRP, the cryptocurrency of Ripple, has recently experienced a spectacular surge, increasing by more than 30% in just 24 hours to reach around $1.45. Several key factors could propel the price of XRP to $10 in the near future.
Google AI Gemini predicts Ethereum could reach $4,500 by December. Learn the key factors driving this bullish momentum. The post Google AI Gemini Predicts $4500 Price Target For ETH in December, This Cat Meme Coin is Already Pumping appeared first on Cryptonews.
Bitcoin Is Doing Something It Has Never Done Before, and It May Lead to Big Gains
According to the latest D.O.G.E report, the U.S. government's financial crisis deepened in FY2023, with a staggering $6.16 trillion in spending against only $4.47 trillion in revenue, leading to an ever-widening deficit.
Gold has long been considered the ultimate safe-haven asset for investors looking to protect their wealth during times of uncertainty. But recently, a new contender has been rising rapidly—Bitcoin.
A widely followed analyst is leaning bullish on Bitcoin (BTC) amid the flagship's rally of close to 50% over the past 30 days. The analyst pseudonymously known as Pentoshi tells his 821,000 followers on the social media platform X that Bitcoin could go up by around 82% from the current level.
ADA, the native coin of the Cardano blockchain, has made a significant price breakthrough. It has surpassed the $1 mark for the first time in two years.