The market remains bullish despite sellers' pressure, according to CoinStats.
Ripple's price has been rallying rapidly over the recent weeks, making its way toward a new all-time high. Yet, there are some warning signs that could lead to a correction soon.
The Bitcoin market rallied a bit on Friday, as traders continue to see the dips as reasons to get involved. At this point in time, the market sees the $90,000 level as a major support level, and the $100,000 level as a major ceiling.
In the last hour, bitcoin's price is coasting along between $97,865 to $98,580 on Nov. 29, 2024, after a bullish rally that pushed the market cap to $1.95 trillion. The cryptocurrency's technical indicators suggest a strong upward momentum across multiple timeframes, though significant resistance looms near the $100,000 mark.
Watch Daily: Monday - Friday, 3 PM ET
Despite bitcoin rebounding above $98,000, a strengthening U.S. dollar could pose a headwind for further gains.
The investment firm plans to “systematically increase” its Bitcoin holdings through a ¥9.5 billion stock issuance to raise funds.
The UK Court of Appeal has firmly rejected Craig Steven Wright's (CSW) application to appeal his case asserting he is Satoshi Nakamoto, the creator of Bitcoin. The dismissal of Wright's appeal effectively nullifies his claims, reinforcing the prevailing consensus that he is not the individual behind the pseudonym.
XRP's market capitalization is gradually increasing toward the $100 billion mark.
The massive spike in the price of bitcoin will create urgency around investing in crypto and scammers use that sense of urgency to steal, according to the Identity Theft Resource Center.
XRP, the native token of Ripple, is making waves in the realm of cryptocurrency with its impressive upside momentum. With a significant price surge of over 17%, XRP has outperformed top assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other cryptocurrencies.
Metaplanet plans ¥62M fundraising to acquire 652 BTC, bolstering holdings amid yen depreciation concerns.
Russia's Federation Council – the country's upper house of parliament – has approved a landmark cryptocurrency taxation bill. Among its key provisions, the legislation imposes a maximum tax rate of 15% on Bitcoin (BTC) and other digital asset mining operations.
In an interview at the New Orleans Investment Conference on Thursday, Peter Schiff, chief market strategist of Euro Pacific Asset Management, expressed skepticism about cryptocurrency while remaining bullish on gold. Speaking with Kitco News, Schiff maintained a positive outlook for gold prices, noting that the precious metal is in “uncharted territory” with “no resistance.
Russia's most senior crypto legislation architect has ruled out the creation of a national Bitcoin reserve. The post Top Russian Lawmaker Rules Out Creating a National Bitcoin Reserve appeared first on Cryptonews.
Ethereum (ETH) could be poised for a new record high as the second-ranked cryptocurrency by market cap mimics Bitcoin's (BTC) past bull run.
Ripple price is in a strong bull run, fueled by positive momentum and favorable ecosystem developments. Ripple (XRP) has risen for four consecutive weeks, reaching $1.70, its highest level since May 2021.
Leading crypto asset manager Bitwise Asset Management has delivered a substantial boost to the XRP ecosystem by announcing the rebranding of its European XRP ETF to the Bitwise Physical XRP ETP.
Localized geopolitical conflicts are rising with global risks looming.
Pav Hundal, the lead analyst at Swyftx, believes altcoins remain in a cycle of massive gains and pullbacks until Bitcoin reaches the $100,000 level. The analyst also suggested that while several coins, including some memecoins, have been outperforming the top cryptocurrency, altcoins will remain shaky until BTC manages an ‘exuberant move' during the bull run.
An unidentified large XRP transfer was seen in recent hours when, according to a report from Whale Alert, 35 million XRP was transferred between two unknown wallets, which is equivalent to $58.29 million so far.
Based on the growing global money supply projected to peak at $127 trillion in January 2026, some analysts predict a Bitcoin cycle top above $132,000.
The UK Court of Appeal suggested that Craig Wright's appeal grounds contained “multiple falsehoods,” including reliance upon some “fictitious authorities.”
Mike McGlone, the chief commodity strategist at Bloomberg Intelligence, has taken to his X account to share part of the recent report published by the analytics agency he works for and mention that Bitcoin and a few other assets have been massively outpacing one fundamental asset lately – crude oil.
Bitcoin (BTC), the world's leading cryptocurrency, appears to have initiated a final push for the historic $100,000 level. Data shows that the BTC price has reclaimed $97,476.16, representing a 2.05% increase in the last 24 hours.
SOS Ltd invested $50 million in Bitcoin, reflecting its confidence in the cryptocurrency's long-term value. The announcement caused SOS's stock to surge by nearly 100%, showing strong investor interest.
Bitcoin (BTC) has faced a slight setback in its recent upward trajectory, struggling to rally to the highly anticipated $100,000 price mark. The cryptocurrency has been consolidating below this mark for the past few days, leaving investors speculating about its near-term price movement.
From Historic Gains to Future Growth: What the November Bitcoin Price Breakthrough Means for Investors in December.
Russian President Vladimir Putin has signed a law introducing taxation on income and expenses derived from digital currency mining, purchase and sale. What Happened: Published on the official legal information portal, the legislation recognizes digital currencies as property under the Tax Code and establishes a taxation framework to regulate crypto-related activities, according to Russian news agency Interfax.
XRP has shown resilience above the $1 psychological level despite recent pullbacks, and many analysts believe that the asset remains undervalued. As of today, XRP surged by 8%, trading at $1.43, as it recovers from a significant correction earlier in the week.
Bitcoin (BTC) has been consolidating below the $100,000 psychological resistance since breaking out of a seven-month downtrend in November. Now, traders are cautiously looking at key levels that BTC needs to reclaim before trying a new price rally above $100k.
Japanese investment firm Metaplanet has announced plans to raise 9.5 billion yen (approximately $62 million) through a stock acquisition initiative to expand its Bitcoin holdings.
TON Teleport BTC's white paper has introduced the public to an innovative method to connect the Bitcoin and TON ecosystems. TON expects the new introduction to create a seamless bridge for cross-chain transactions.
Bitcoin (BTC) held steady on Friday, easing slightly from its record high of $99,655 as U.S. markets slowed in observance of the Thanksgiving holiday.
XRP whales have taken action to shuffle over 100 million coins on Friday, setting off waves of speculation among traders and investors globally. As the Ripple Labs vs U.S. EC lawsuit reaches a potential end, these transactions have sparked substantial intrigue over the firm's native coin's future movements.
XRP has hit a new three year high following growing speculation around ETFs and an upcoming shakeup at the SEC.
A dozen Bitcoin ETFs in the U.S. have attracted $6.2 billion in November, nearing a monthly inflow record as Bitcoin hovers near $100,000. Spot Bitcoin exchange-traded funds are on track for their strongest month yet, with $6.
If the price of Bitcoin ($BTC) hits $150,000, one analyst believes Sui Network's native $SUI coin could hit a potential high of $28. This is more than 7X its all-time high (ATH) of $3.92, posted on November 17 this year. The bullish forecast was tweeted by “madness.sui” (X handle @lfgmadness).
XRP has been one of the standout performers in the cryptocurrency market in 2024, soaring 160% year-to-date.
Bitcoin (BTC) has been consolidating above the $90,000 support zone for the last ten days, reaching its latest all-time high (ATH) of $99,645 about a week ago. Since then, the cryptocurrency has closed below a short-term downtrend line, failing to break above it and potentially risking a drop to two-week lows.
Fred Thiel, CEO of Marathon Holdings (NASDAQ:MARA), expressed gratitude for the company's achievements this Thanksgiving, highlighting a record market cap and mining success. What Happened: Thiel took to social media on Friday to commend the efforts of his team at MARA.
XRP, the cryptocurrency from Ripple, is generating a lot of interest at the end of 2024. According to forecasts, the price of XRP could reach new heights in December 2024!
How can Microstrategy borrow billions at 0% to continue buying bitcoin and what does this reveal about market players' expectations.
A top analyst who accurately called the end of the 2022 crypto bull market thinks Ethereum (ETH) is poised to rally in both its Bitcoin (ETH/BTC) and US dollar pairs. Pseudonymous analyst Pentoshi tells his 826,200 followers on the social media platform X that ETH/BTC looks good after respecting its support at 0.30 BTC.
Matt Hougan, CIO of Bitwise, the largest crypto asset management fund in the U.S., predicted that the volatility of bitcoin prices will be reduced due to the entrance of new “value” players to the market.
BTC price momentum gathers pace into the week's last Wall Street open with traders firmly bullish on Bitcoin.
The Bitcoin bull market is underway! The BTC price just reclaimed the crucial $97,000 price level, suggesting the bulls have jumped back into action. With the growing certainty over the crypto space, the traders and the institutions seem to have become bullish on Bitcoin.