XRP's price surged over 20% following Gary Gensler's announcement that he will step down as SEC Chairman in January 2025. This revelation has sparked speculation about whether the XRP-SEC lawsuit could come to an end before Gensler's departure.
XRP, the native cryptocurrency of the Ripple network, has recently experienced a major surge in value, surpassing the $1 mark for the first time in years. The rally has generated optimism among investors, with some experts suggesting that the digital asset could see even more significant gains in the near future.
Despite heightened expectations for the Bitcoin price to hit the $100,000 milestone, a crypto analyst has surmised that this key target could present psychological resistance for the pioneer cryptocurrency. Amidst this bearish warning, the coin's price's continued upward movement towards the elusive $100,000 mark has become the center of attention in the crypto community.
Ripple's XRP is down by more than five percent in the last 24 hours and is trading above the $1.50 level. The cryptocurrency is up by more than 40 percent in the last seven days and is now trying to break the $1.70 levels.
Bitcoin has cleared major resistance levels at $70,000, $85,000, and $99,000. The exponential moving averages (EMAs) signal a strong bullish trend, with the 50-day EMA positioned above the 100- and 200-day lines. However, the Relative Strength Index (RSI) has reached 82, indicating overbought conditions that could lead to a short-term price correction.
Bitcoin has just achieved two major milestones that reflect its ever-growing dominance in the digital currency space. On November 21, the cryptocurrency's computational power, known as the hashrate, hit an all-time high of 776 exahash per second (EH/s).
Robert Kiyosaki strongly endorsed Michael Saylor's bitcoin strategy and his $13 million BTC forecast. He urged investors to act, declaring, “Buy bitcoin today. I am.
Legal expert Jeremy Hogan expects XRP ETF products to get a green light from the SEC in the summer of 2025, potentially opening a new era for Ripple.
Following the events of the past week, it is more of a matter of “when” rather than of “if” the Bitcoin price will hit a historic six-figure value. The crypto commentary channels and waves have been largely occupied with the premier cryptocurrency potentially reaching $100,000 over the last few weeks.
President-elect Donald Trump has picked Scott Bessent as the new Treasury Secretary. Ripple's CEO called him “the perfect pick” for advancing crypto and innovation.
Former President Donald Trump is taking a significant step toward reshaping the U.S. cryptocurrency landscape. Reports suggest he is assembling a specialized crypto advisory council tasked with creating a strategic Bitcoin reserve, streamlining digital asset regulations, and positioning the U.S. as a dominant player in the global crypto market.
Former star for the Chicago Bulls Scottie Pippen reveals the latest on his crypto currency adventures and the future of the industry.
Ethereum has been slow compared to Bitcoin, but this could change if certain moving parts fall into place.
The ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC) could be entering a pivotal phase. With SEC Chair Gary Gensler officially stepping down on January 20, 2025, optimism is growing among XRP investors and the broader cryptocurrency community.
Republican Senator Cynthia Lummis says converting gold reserves into Bitcoin could strengthen the U.S. government's finances.
The financial market of 2024 feels like it's having an identity crisis. Structured and disciplined on one side, chaotic and high on adrenaline on the other.
Solana (SOL) has become one of the most talked-about projects in the blockchain space, and with good reason. In recent months, the network has surged ahead in critical metrics like daily network fees, decentralized exchange (DEX) trading volume, and real-world adoption.
The rapid growth of Bitcoin ETFs highlights shifting investor preferences, raising questions about long-term stability compared to traditional assets. The post Bitcoin ETFs could overtake gold ETFs in size within one month appeared first on Crypto Briefing.
Crypto analyst Behdark has predicted that the XRP price can reach $28. This prediction follows his Elliot Wave theory analysis, which also showed when the crypto will reach this double-digit price target.
Leveraged short positions in ethereum (ETH) have climbed to unprecedented highs, signaling a bearish tilt in market sentiment as traders brace for intensified volatility. Ethereum Bears Bet Big as Futures Market Records Peak Short Open interest in ethereum futures has surpassed $20 billion, setting a new record and highlighting heightened speculative activity.
XRP remains one of the crypto market's current trailblazers rising by 23.21% in the past 24 hours. Over the last two weeks, the prominent altcoin has recorded a 154% price gain establishing itself as the sixth-largest cryptocurrency with a market cap of $89.82 billion.
In May 2010, programmer Laszlo Hanyecz traded 10,000 bitcoins for two pizzas. Those bitcoins would be worth $990 million at today's prices.
Stuart Alderoty, the Chief Legal Officer of Ripple Labs Inc has spotlighted the firm's role in fighting the crypto crackdown initiated by Gary Gensler as Chairman of the US Securities and Exchange Commission (SEC). With a legal battle spanning approximately four years, Alderoty send appreciation to the key stakeholders in the regulatory fight The Unsung
Bitcoin, the undisputed king of cryptocurrencies, is on the brink of achieving a historic milestone. The digital asset surged past $99,000, reaching nearly $99,400, according to Coinbase data.
Legal expert Jeremy Hogan suggests XRP ETF approval could arrive by mid-2025, signaling a turning point for Ripple's token.
Google, Microsoft, Amazon, and IBM are some of the biggest companies currently researching and developing quantum computer technology.
XRP continues to be the talk of the crypto town based on its boss move, which saw the altcoin breach the psychological price of $1 after failing to do so for more than three years.
US spot Bitcoin exchange-traded funds (ETFs) received over $2.4 billion in inflows last week. In contrast, China-based ETFs experienced significant outflows, with over $2 billion withdrawn during the same week.
Dive into Cipher Mining's Q3 2024 performance. From revenue challenges to strategic investment in fleet upgrades, data center expansion and plans for AI/HPC. Discover what's next for this Bitcoin miner! The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on Nov.
Ethereum (ETH) has been experiencing a period of relative stability above the $3,000 mark, but recent fluctuations in the ETH/BTC pair are catching the attention of investors. As the ETH/BTC pair hits its lowest level since 2021, traders from key markets such as Korea and the U.S. are seizing the opportunity to accumulate Ethereum, believing the token is undervalued at current prices.
As crypto buyers and enthusiasts eagerly await the anticipated alt season, Bitcoin effortlessly makes new ATH every 12 hours. Simultaneously, three coins have emerged as red-hot picks: $MASH, SUI, and TON.
Bitcoin ETFs are seeing record inflows while Chinese ETFs are experiencing historic outflows, revealing future trends.
The price of Bitcoin picked up this week from where it left off in the previous week, forging successive all-time highs in the past seven-day span. Over the last few days, the big question on everyone's mind has been — when will the premier cryptocurrency surpass the $100,000 level?
Bitcoin miners have been actively reducing their holdings in recent weeks as the coin's price continues to hover below the critical $100,000 mark. At press time, the leading coin trades at $98,535, noting a 1% decline from its all-time high of $99,860 recorded during Friday session.
Bitcoin (BTC) continued to make headlines Saturday as it approached the highly anticipated $100,000 milestone. Notably, earlier the previous day, the leading cryptocurrency updated its historical high, reaching $99,655 before recoiling slightly.
As Bitcoin continues its race to break the $100,000 mark, altcoins are raking in massive gains. Ethereum (ETH), the second-largest cryptocurrency, climbed 3.25% to $3,424.59 on Saturday, but its weekly gains of 7.83% exceed that of Bitcoin, CryptoSlate data indicates.
The following is a guest post from Shane Neagle, Editor In Chief from The Tokenist. Bitcoin pushed the financial innovation envelope in many directions.
Stellar price has seen a remarkable surge, climbing over 80% in the last 24 hours, rising to number one in the top gainers. The bullish momentum has pushed XLM from $0.302 to a peak of $0.55, as traders and analysts anticipate the possibility of the asset nearing the $1 mark.
In a recent blog post, VanEck's Digital Assets Investment Analyst Nathan Frankovitz and Head of Digital Assets Research Matthew Sigel report that Bitcoin's price has surged in a high-volatility, post-election rally. The VanEck analysts state that Bitcoin is now in uncharted territory with no technical price resistance.
Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even as the broader cryptocurrency market climbed higher. NFT Market Shifts: Ethereum and Bitcoin Sales Plunge, Solana Gains Ground Data from cryptoslam.io revealed that NFT transactions over the past seven days amounted to $161.47 million. Ethereum NFTs dominated with $51.
While Ethereum seems to have begun its own major rally, the asset has recently experienced significant activity on the Deribit Options Exchange which begs the question of what it means for ETH's price. A CryptoQuant analyst known as Amr Taha detailed these developments in a post on the CryptoQuant QuickTake platform.
Robert Kiyosaki, the famous author of the best-selling finance book Rich Dad Poor Dad, has ripped into an anonymous gold bug for criticizing Microstrategy's Bitcoin plan. The author described the anonymous individual as a loudmouth, labeling them a hypocrite for attacking Microstrategy CEO Michael Saylor.
XRP has experienced a huge surge recently, and it's not alone. ADA and SOL are also seeing gains, with XRP leading the way. Ripple's community seems to be thriving, and the momentum is still strong.
VanEck has reaffirmed its ambitious $180,000 price target for Bitcoin, forecasting this milestone at the peak of the ongoing market cycle. The post VanEck Reaffirms Bold $180K Bitcoin Price Target for Current Cycle appeared first on Cryptonews.
XRP price has remained within an upward trading range in recent weeks, reflecting strong bullish sentiment for the cryptocurrency. The recent price surge aligns with a broader market rally, signaling growing momentum in XRP's favor.
Bitcoin has finally reached the monumental $100,000 mark. While some exchanges show it just shy at $99,800, others like Coinbase are already celebrating Bitcoin over $100K. Regardless of the exact number, the milestone is here, and it's generating a massive buzz.
Vaneck analysts Nathan Frankovitz and Matthew Sigel believe bitcoin's price surge to record highs reflects a transformative moment for the digital asset, with a potential cycle target of $180,000 driven by favorable U.S. regulatory developments.
As Bitcoin (BTC) hovers near $100,000, momentum indicators suggest the asset will likely see further upside beyond this much-anticipated level.