Assets management firm Grayscale expects Solana's (SOL) rise to continue as it outperforms major crypto assets. In a recent market report, the firm noted that Solana trumped Ethereum this year due to meme coin trading on the network.
New York City Mayor Eric Adams was mocked for taking his early 2022 paychecks in Bitcoin—but now its price is skyrocketing.
BIT Mining remains a leading player in Litecoin and Dogecoin mining, reporting significant hash rate contributions and profitability driven by LD3 miners. The company highlights its strategy to adapt to market trends and optimize mining hardware for consistent returns in altcoin mining. The post BIT Mining Continues Focus on Litecoin and Dogecoin Mining appeared first on Cryptonews.
New York City Mayor Eric Adams is seizing the moment as Bitcoin's (CRYPTO: BTC) value edges closer to the $100,000 mark, up 129% this year. At a press conference on Tuesday, Adams had a pointed message for his skeptics: "Remember y'all laughed at me when I first got my Bitcoin?
Two leading altcoins, XRP ($XRP) and Cardano ($ADA) are both surging this week despite only moderate advances by market leaders Bitcoin ($BTC) and Ethereum ($ETH). In the last seven days, Ripple's payments focused XRP blew up 78.5% to trade at $2.56.
MicroStategy's Michael Saylor has projected more gains for Bitcoin (BTC) in the coming months. The Bitcoin bull continues to add more assets to his company's balance sheet on the back of rising institutional investments.
Dogecoin appears primed for a possible breakout to $1. Cointelegraph explains why.
The XRP price has been on a roll, with a gain of around 90% in the last seven days, providing a bullish outlook for the crypto. This bullish momentum might just be getting started as XRP is nearing the legendary 4.236 Fibonacci level, suggesting that a rally to $9 is possible.
XRP is up and Forbes' earlier report has stirred up the crypto community. The report labeled some top cryptocurrencies, including XRP, as “zombie tokens.
Pepe (CRYPTO: PEPE) saw a surge in trading activity following its listing announcement on Binance US, with analysts predicting further upward movement. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend 30-Day Trend Pepe (CRYPTO: PEPE) $0.00002031 $8.5 billion +4% +4.7% +152.4% Dogecoin (CRYPTO: DOGE) $0.4033 $59.3 billion +0.14% +1.1% +158.4% Shiba Inu (CRYPTO: SHIB) $0.00002928 $17.3 billion +5.7% +16.3% +76.1% Dogwifhat (CRYPTO: WIF) $3.13 $3.1 billion +1.9% +1% +57% Trader Notes: Crypto trader Davie Satoshi noted the bounce from key support levels as a positive sign, indicating bullish momentum may be on the horizon.
Bitcoin's price remains steady just below the $100,000 milestone, yet major cryptocurrency holders, known as whales, are choosing to play it safe. According to crypto analyst Onat Tutunculer from CryptoQuant, while there is no immediate selling pressure, significant inflows of Bitcoin into exchanges hint at a potential for future market volatility.
While Ripple-linked XRP has clearly led the market rally over the past month, Tron's TRX is also stealing the spotlight. In the past 24 hours, TRX has spiked by over 70% to set a new record high above $0.4313, pushing it closer to the top 10 crypto assets by ranking, CoinGecko data shows.
Ripple's XRP has had a remarkable performance in November and early December 2024, earning investors' attention and deployed capital. However, different indicators suggest that XRPL's native token could soon experience a corrective crash, raising alerts in the trading community.
Ether looks good on both long and short timeframes, traders say, as ETH price strength "finally" appears against Bitcoin.
Ethereum has crossed the 3,800 USDT benchmark with an increase of over 6% in the past 24 hours, continuing its movement toward $4,000 amidst broader market volatility. Bitcoin (BTC), the leading digital asset, on the other hand, is holding to its $95k level. Ethereum has consistently moved in an uptrend during the day.
Bitcoin miner Hut 8 launched an at-the-market and stock repurchase program to finance its corporate strategic BTC reserve.
BItcoin expected to trade sideways as the market remains in altcoin season.
Botanix Labs, a decentralized layer 2 platform purpose-built for Bitcoin-native decentralized finance, has announced that the final testnet of its solution is live.
France's proposal to tax unrealized Bitcoin gains sparks global debate.
XRP traders have been taking profits. Among the beneficiaries is the top trending new cat-themed meme coin Catslap ($SLAP), which is expected to announce its first centralized exchange (CEX) listing tomorrow, Thursday December 5. XRP has fallen back from $2.86 to $2.
Energy storage company with a market cap of $250 million has announced a new bitcoin reserves strategy.
The downsizing reduces Foundry's headcount from 274 to 200, with US employees accounting for 16% of the layoffs.
After a notable upside rally in the past, XRP, the native token of Ripple Labs is poised for price correction as its chart is flashing a sell-off signal. However, this bearish or negative outlook is further getting support from large holders.
DonAlt, a popular pseudonymous cryptocurrency trader with more than 625,000 followers on the X social media platform, has opined that the Ripple-affiliate XRP cryptocurrency is "infinitely better" than meme coins when it comes to actual use cases.
Ripple is in the process of obtaining approval for its stablecoin RLUSD in New York. This implies that the cross-border payment corporation will be permitted to participate in the regulated US crypto market.
Coinbase announced plans to list the meme coins Gigachad and Turbo, causing the prices of both to immediately skyrocket.
After the election, bitcoin's price soared to nearly $100,000, causing MicroStrategy's stock to also rise to over $500 before recently experiencing a significant drop due to short selling concerns, prompting an investigation into potential market opportunities between owning MSTR and BTC, says Glenn Rosenberg.
Virgin Voyages is set to launch a groundbreaking "Annual Pass" program in 2025, offering unlimited cruises for a year, and making a bold move by becoming the first cruise line to accept cryptocurrency payments.
Will whale accumulation spree push DOGE to $10?
Vladimir Putin has spoken about digital assets again, this time saying—amid ongoing sanctions against Russia—that Bitcoin cannot be banned.
Ethereum has crossed into the $3.7K zone. The market witnessed a liquidation of $44.53 million in Ethereum.
KULR Technology Group announced plans to allocate up to 90% of its cash surplus, including $12 million currently on hand, to Bitcoin. This decision aligns the company with a growing trend of businesses using Bitcoin as a treasury asset.
In our latest Cointelegraph video, we break down the odds of a Bitcoin reserve being created in the US next year and its potential impact on prices.
Bitcoin's MVRV currently stands at +4.2%, indicating that the price is nearing a correction.
On Monday, Foundry, the world's largest Bitcoin mining pool, announced a significant reduction in its workforce, laying off approximately 60% of its staff. This decision, confirmed by a report from Blockspace, affects both US and international staff, reducing the company's headcount from over 250 to around 80-90 employees.
The Aragog testnet as it is known, introduces a set of tools that will form the basis for the mainnet's DeFi offering.
Bitcoin (BTC), the largest cryptocurrency, has an unpredictable tech and economic trajectory. Even if the 21,000,000 BTC supply limit remains intact, we know nothing about the ecosystem of the largest crypto in 20 years, Jameson Lopp admits.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continues its movement toward $4,000 amid broader market volatility. Bitcoin (BTC), the leading digital asset, declined to a low of $93,720 the day before, climbing to its current price of $96,350.
Benchmark cryptocurrency bitcoin (BTC) remains stuck in a sideways trading pattern as the glow of its post-election all-time high continues to dim. Bitcoin nearly shot above the $100,000 price point for the first time ever in the week following Donald Trump's successful election campaign.
XRP performance over the past week and month is nothing short of spectacular, climbing 78.54% and 403.57%, respectively.
Hyperliquid (CRYPTO: HYPE) is soaring on bullish sentiment on Wednesday, gaining 274% in just a week, as traders and developers praise its innovative model and transformative community impact. In the last week of November, a crypto trader earned $800,000 worth of Hype via an airdrop, highlighting the potential rewards for early platform adopters.
As noted by James Check, the lead analyst for Glassnode, business intelligence firm MicroStrategy has a cost basis that is identical to that of your average Bitcoin buyer.
Ethereum (ETH) is the second largest cryptocurrency by market capitalization in the world — although the distance between it and Bitcoin (BTC) is vast in absolute terms. Similarly, the performance of the two leading digital assets has differed substantially throughout 2024.
Crypto analysts have revealed that the Ethereum price is about to confirm a golden cross on the daily time frame. This provides a bullish outlook for Ethereum, as it enjoyed a parabolic rally the last time this happened.
Bitcoin is staring down a hefty sell wall en route to $100,000 as analysts flag that sell orders and inflows to exchanges have been rising.
Bitfinex analysts see bitcoin's path to $100,000 hinging on short-term demand absorbing long-term holder selling.
Russian President Putin criticized holding state reserves in foreign currencies due to confiscation risks.
Ethereum has turned deflationary for the day due to no particular smart contract. It instead appears to be a general rise in network demand.