Can Bitcoin break past its current resistance and hit new highs in the next 30 days?
Analysts highlight eight key factors that could sustain Bitcoin dominance into 2025, reinforcing the leading coin's strength.
Bitcoin has made an impressive recovery, surging over 15% since Monday's flash crash brought the price briefly to the $89,000 level. The rebound has reignited bullish momentum, with BTC now attempting to push above a key supply zone.
Total Transaction Fees: $3.093 billion from approximately 4 million active Solana user addresses.
Today marks the final full day for Gary Gensler at the SEC, and as he exits, the ETF industry has been quick to respond with a wave of filings, including XRP and Solana Futures ETFs.
The rapid rise of $TRUMP highlights the volatile nature of meme coins and raises concerns about security and legitimacy in digital finance. The post Did Trump just drop $TRUMP meme coin on Solana?
Data shows the cryptocurrency derivatives sector has seen a large amount of liquidations in the past day as Bitcoin and others have enjoyed a rally. Both Crypto Long & Short Liquidations Have Been High Today According to data from CoinGlass, a significant amount of liquidations have piled up on the derivatives side of the cryptocurrency sector following the market volatility.
Bitcoin recovered from past week's downtrend to return back above $100k.
Microstrategy plans to use unique shares expansion model to raise more funds for the acquisition of bitcoin. Michael Saylor Still Wants More Bitcoin Microstrategy intends to expand its authorized class A common stock from 330 million shares to 10.30 billion shares to facilitate the company's extensive bitcoin acquisitions, according to Bloomberg.
XRP continues to hold below its all-time highs, with the market still showing potential for an upward move. The overall expectation remains bullish, as a possible five-wave Elliott Wave pattern suggests higher prices ahead. After completing a fourth wave triangle, XRP has been consolidating, and there are still opportunities for further gains.
Donald Trump is promoting a Solana meme coin from his social media accounts. Elaborate hack or a truly wild new era for crypto?
Crypto prices are up today as anticipation builds for Donald Trump's inauguration. It's also Gary Gensler's last day in office, fueling bullish sentiment in the market.
Bitcoin (BTC) could potentially hit a staggering $175,000 in value by the end of 2025, according to Sean Farrell, the head of digital asset strategy at Fundstrat. His forecast comes shortly after Fundstrat co-founder Tom Lee made headlines with his optimistic outlook, stating that Bitcoin is set to be the top-performing asset this year.
Popular Solana-based Launchpad Pump.fun is under fire again after a law firm filed a class action lawsuit against the platform on behalf of investors who lost money on memecoins deployed in Pump.fun. The lawsuit argues that the platform allegedly sells unregistered securities, promotes pump-and-dump schemes, and lacks proper user protection measures.
Bitcoin (BTC) has shown notable recovery since this week began, climbing back above $100,000 and now trading at $104,430. This upward move represents a 4.9% daily gain and more than a 10% increase over the past week.
Ripple case heats up as SEC appeal challenges Howey Test ruling. Legal experts see risks for SEC, fueling XRP volatility and price speculation.
Wyoming has become the latest US state to propose a bill for a Strategic Bitcoin Reserve, just days before Donald Trump's US presidential inauguration.
Bitcoin has surged past the $102,000 mark, signaling a strong bullish trend as anticipation builds ahead of President-elect Donald Trump's inauguration day. With his pro-crypto stance widely known, many analysts believe Trump's presidency could usher in a new era of growth for BTC and the broader cryptocurrency market.
Coinbase CEO endorsed the creation of a U.S. Strategic Bitcoin Reserve, calling for pro-crypto regulation and special economic zones.
As Bitcoin (BTC) surges past $100,000 once again, edging closer to a new all-time high (ATH), most crypto analysts predict the premier cryptocurrency will peak around $150,000 during this market cycle. However, some experts argue that such a target is “too low” for BTC, considering its growing adoption and evolving market dynamics.
Bitcoin (BTC) has once again captured global attention by crossing the monumental $100,000 mark, drives a wave of excitement across the cryptocurrency market. This achievement follows a dramatic rebound from $89,000 earlier this week, with Bitcoin surging over 13% in a matter of days.
Massachusetts is set to join a growing list of U.S. states embracing cryptocurrency as part of their financial strategy. Republican Senator Peter Durant of Worcester County has introduced legislation to create a “Commonwealth Bitcoin Strategic Reserve.
CPI boost fueled $500 million in stablecoin inflows on Binance, propelling Bitcoin past $100k.
Solana (SOL) and XRP both outperformed the overall crypto market on Thursday amid a report that President-elect Donald Trump is thinking about establishing an “America First” strategic crypto reserve.
Crypto investors could be forgiven for thinking this week took place in 2024. That was a year full of rallies for all manner of coins and tokens, after all.
Bitcoin (BTC) has seen a steady price recovery following the recent release of the US Consumer Price Index (CPI) report. It is now trading above $103,000.
Bitcoin Spot ETFs experienced a significant surge in inflows, but recent market behavior raises questions about the sustainability of this momentum. The cryptocurrency's rally this week happened despite a lack of positive flows from Bitcoin Spot ETFs, suggesting that the market may be decoupling from the usual correlation between Bitcoin's price action and ETF movements.
With its recent performance demonstrating strength above $100,000, Bitcoin has been rising steadily. A more interesting view can be seen on the chart: Bitcoin might still be in a covert downward trend.
Gary Gensler's time at the helm of the U.S. Securities and Exchange Commission (SEC) ends this Friday. The San Francisco-based blockchain company Ripple is marking the occasion with enthusiasm.
Bitcoin is reportedly approaching a record high as the inauguration of President-elect Donald Trump nears. The cryptocurrency was priced at $104,538 Friday at 2:12 p.m.
Gary Gensler officially concluded his tenure as Chairman of the U.S. Securities and Exchange Commission (SEC) on Friday. Stuart Alderoty, Ripple's Chief Legal Officer, commented on the event with a bold statement on social media.
As bitcoin's valuation experiences a notable upswing, miners are deriving substantial financial advantages from an elevated hashprice—the metric denoting daily revenue earned per petahash per second (PH/s) of computational power devoted to the Bitcoin network.
Many crypto investors are worried about Bitcoin's uncertainty as the cryptocurrency experienced fluctuations in its price wherein traders saw it being traded above $100,000 and then went down below $90,000.
The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple is far from over, with the SEC recently filing an appeal against the partial ruling in Ripple's favor from July 2023. This legal fight revolves around whether XRP, the digital asset associated with Ripple, should be classified as a security.
Massachusetts and Wyoming have formally introduced bills today to establish a strategic Bitcoin reserve for the state. California's state representative has also started proceedings to draft a Bitcoin-focused bill.
Multichain Capital partners Tushar Jain and Vishal Kankani introduced a proposal to address the inflation of Solana's native crypto, SOL. The goal is to use a market-driven mechanism to adjust Solana's emissions dynamically, moving away from the network's current fixed-rate issuance model.
Is a U.S. BTC reserve part of Donald Trump presidential inauguration agenda?
Solana (SOL) has made a remarkable recovery following Monday's unexpected flash crash, surging by more than 28% in less than five days. This impressive rebound has sparked renewed optimism among investors, who are now eyeing the potential for a bullish continuation in the weeks ahead.
A portrait of President-elect Donald Trump, created by arranging block data, has been put onto the Bitcoin blockchain by American miner MARA.
Wyoming and Massachusetts propose strategic Bitcoin reserve bills, blending fiscal stability with innovation. The initiatives aim to utilize Bitcoin's potential for mitigating inflation risks while bolstering financial security, setting a precedent for other states exploring digital assets in public finance. The post Wyoming and Massachusetts Propose Strategic Bitcoin Reserve Legislation appeared first on Cryptonews.
XRP continues its strong bullish rally, market experts are urging cryptocurrency enthusiasts to consider the long-term value of holding substantial amounts of the token. Recently, XRP surpassed the $3 mark for the first time in seven years, reigniting discussions about its potential for future price gains.
The price of XRP is one of the biggest sensations in the altcoin world thus far this year with sustained rally. The coin is changing hands for $3.277, atop a marginal growth of 0.16%.
XRP's recent rally has some cracks as risk metrics hinted at overheated conditions and a possible correction.
With shifting market dynamics, Bitcoin has moved into positive territory as prices sights key resistance levels. However, due to the volatile nature of crypto assets, the flagship asset's recent uptrend might experience a brief drawback before resuming its upward direction.
A benign December inflation report was all it took to ignite another strong rally on Wall Street, with major indices delivering their best weekly performance since the post-election surge in early November. Heading into the week, markets were gripped by concerns over inflation and interest rates, pricing in just one rate cut by year-end while the 30-year Treasury yield hovered around 5%.
Brian Armstrong has reportedly discussed potential policy issues related to cryptocurrencies with US President-elect Donald Trump.
Some 15 U.S. States, including Massachusetts, reportedly worked on Bitcoin reserves laws days before Trump's Capitol Rotunda inauguration.
XRP's Exchange-Traded Fund (ETF) approval has surged to 70%, as predicted on Polymarket, a popular crypto-based prediction platform. This shift comes amid growing optimism after XRP experienced a major price surge, hitting $3.39 for the first time in almost seven years.