The Bitcoin price is again facing hindrance at $96,000 as the token surges significantly from the interim lows around $92,000. The technicals suggest the token is expected to maintain a descending trend, which could push the price into a strong demand zone.

The Russian government has approved a comprehensive crypto tax regime while Bitcoin sets a new all-time high of 11 million rubles. The legislation exempts miners from VAT and imposes income taxes on crypto transactions as the ruble continues to weaken against global currencies.

Ripple burned 46.67 million RLUSD tokens, sparking speculation about its stablecoin ambitions while regulatory hurdles remain a challenge.

SOS Limited's $50M Bitcoin investment boosts the stock by 43%, reflecting growing confidence in digital assets.

Investors have expressed apprehension regarding the recent price fluctuations of Bitcoin, particularly in light of analysts' predictions of a 20-25% decline in the global M2 money supply. Related Reading: Crypto Bloodbath: Over $500 Million Liquidated As Bitcoin Slides To $92K – Report At $92,864, bitcoin is down nearly 9% from its recent high of just under $100,000.

As Bitcoin trades above $95,000, a cryptocurrency on-chain analyst has highlighted specific technical indicators suggesting that the digital asset can hit the elusive $100,000.

The Bitcoin market continues to see a lot of interest, despite the fact that we are watching holiday liquidity cause a few questions about how the BTC price will move over the next few sessions, as we are going to still be in an uptrend.

XRP, the sixth-largest cryptocurrency by market capitalization, has seen significant token transfers over the last 24 hours. Blockchain data tracker Whale Alert reported two large XRP transactions within this time frame, totaling about 44 million XRP shifted.

Ethereum isn't just a digital currency—it's a platform for change.

Analytics account @spotonchain has noticed a mammoth ETH transaction made by one of the Ethereum cofounders. However, data suggests that the Ethereum price may go upward.

Bitcoin celebrates 12 years since its first halving event, with block rewards shrinking to 3.125 BTC and miners adapting to higher difficulty amid rising prices.

"On each Ethereum and XRP Ledger there is only around 100k RLUSD left," X user Vet said.

Ethereum has risen to $3,607 today, outperforming Bitcoin over the past week as whales seek to take advantage of its relatively undervalued price. The post Whales Move to Ethereum As ETH Up 15% in 7 Days, Outperforms BTC appeared first on Cryptonews.

Shayan Salehi, a digital member of the World Economic Forum (WEF), has offered a noteworthy endorsement of XRP, calling it a “good coin.” His praise comes as XRP demonstrates resilience amidst the broader market correction, which has seen major assets like Bitcoin (BTC) struggle.

Dogecoin price has performed well this month, reaching $0.4795, its highest level since May 2021, as the broader crypto rally gained momentum. Dogecoin (DOGE) traded at $0.40 on Nov. 28, marking a 365% increase from its September low.

Can this week's $13.6 billion Bitcoin options expiry trigger a BTC price rally to $100,000 and beyond?

The cryptocurrency market has witnessed a modest uptick today, with the global market cap rising by 2.99% to $3.32 trillion. Trading volume, however, saw a slight decline of 0.42%, settling at $198.78 billion. The Fear & Greed Index soared to 84, signaling extreme greed as optimism echos through the market.

The election of Donald Trump to the office of President will go down in history as one of the most pivotal events of the year. Although pollsters were projecting a tight race, in the end, the GOP candidate secured victory over incumbent Vice President Kamala Harris in each swing state.

The profitability of Ethereum (ETH) has surged to levels not seen since June, with 90.8% of ETH holders now in profit, according to data from IntoTheBlock. This milestone highlights a favorable position for the majority of investors, leaving only 9.2% of holders at a loss.

Solana appears to be forming a bearish head-and-shoulders pattern on a four-hour time frame.

Ethereum (ETH) continued to trade strongly on Thursday, sustaining its bullish momentum after it broke past minor resistance at $3,480 earlier this week. The cryptocurrency has seen a 36% gain over the past month, pushing its market capitalization to approximately $435 billion.

There's been some recent chatter suggesting that Michael Saylor, the CEO of MicroStrategy, holds significant sway over Bitcoin's future due to his company's massive Bitcoin holdings. Some even claim he's the second most powerful person in Bitcoin after Satoshi Nakamoto, a sentiment voiced by Vinny Lingham.

Ripple continues to break new ground in tokenized finance, unveiling the first-ever tokenized money market fund on the XRP Ledger (XRPL).

Tokyo-listed investment firm Metaplanet plans to raise 9.5 billion yen (approximately $62 million) to strengthen its Bitcoin portfolio. In a Nov. 28 statement, the company revealed that the funds will be raised through its 12th Series Moving Strike Stock Acquisition Rights.

On Nov. 28, 2012, Bitcoin underwent its first halving at block 210,000. This event halved the block reward from 50 BTC to 25 BTC.

BTC briefly pumped above $97,000, while ETH reached almost $3,700.

After a strong performance last week, Dogecoin (DOGE) faced a slight pullback due to broader market volatility, mainly driven by Bitcoin's fluctuating price.

Ethereum price staged a strong breakout on Nov. 27 as Bitcoin and most altcoins bounced back after days in the red. Ethereum (ETH), the second-biggest cryptocurrency, jumped to $3,690, its highest level since June 10.

The question of whether – and even more so when – Bitcoin (BTC) is set to cross the long-awaited threshold at $100,000 has been the talk of the globe throughout November.

Dan Morehead, founder and CEO of Pantera Capital — the first crypto fund in the United States — is forecasting that the price of Bitcoin could smash $700,000 in 2028, roughly a week after the flagship crypto rocketed toward a six-digit price.

The blockchain and crypto data insights platform Santiment shared on November 28 that altcoins recovered on Thursday as BTC briefly crossed above $97,000. CoinMarketCap data has also indicated a move to the green region among many of the top 100 cryptocurrencies in the past 24 hours.

Russia is moving swiftly to implement new cryptocurrency taxes as Bitcoin reaches unprecedented levels against the ruble.

Bitcoin hits resistance, spiking volatility. Ethereum rides the wave, but it's a short-term blip, not a lasting rebound.

Leading altcoin Ethereum (ETH) has experienced a notable price surge over the past 24 hours, breaking the $3,600 mark. As of this writing, ETH exchanges hands at $3,613, a level it last traded at in June.

Bitcoin ($BTC) holders, and those looking to long or short the number one cryptocurrency, are currently indecisive. Bitcoin all but reached the $100,000 price level, but has been rather volatile since then.

Axiom is a company that invests in Bitcoin and blockchain technology, and it helps new businesses in the crypto world grow. Baker's new job is important because his experience in government and finance could help Axiom make smart decisions.

Long-term holders have hawked more than 500,000 Bitcoin amid BTC‘s latest bull run, according to the crypto analytics firm Glassnode. The firm notes in a new analysis that the long-term holder cohort reached its peak Bitcoin supply in September.

TL;DR Uniswap reaches a record $38 billion in monthly trading volume across Ethereum Layer 2 networks, surpassing the previous high by $4 billion. The surge in trading volume is led by Arbitrum and Coinbase's L2 Base, with significant contributions from Polygon and Optimism. UNI token soared 43.

The crypto market is experiencing a significant correction at the end of November 2024, with Bitcoin fluctuating around $93,400. This 6% drop since Monday comes as technical indicators signal a concerning bearish divergence.

Ripple Labs has secured a major victory in the XRP lawsuit as a U.S. court approved a motion to expedite issuing a final judgment in the case. This move is seen as a critical step toward resolving the case that has lingered for years, impacting Ripple and its native token, XRP.

Bitcoin has risen by 2% in the past 24 hours, after Pantera CEO Dan Morehead predicted that the crypto could reach $740,000 by 2028. The post Bitcoin Still Aiming For $100k This Year, Analyst Predicts $740,000 By 2028 appeared first on Cryptonews.

Former Commodity Futures Trading Commission (CFTC) Chair Chris Giancarlo has predicted that the United States Securities and Exchange Commission (CFTC) will drop the case against Ripple.

Metaplanet wants to raise $62 million from its upcoming series of stock acquisition rights to EVO Fund. The firm will use the funds to buy more Bitcoin for its treasury management.

After setting up an all-time high (ATH) at $99,690 on November 22, BTC crashed nearly 9% in total and created a local bottom at $90,835. Although BTC has recovered in the past 12 hours, it faces a tough resistance level, leaving investors wondering if Bitcoin will visit $100,000 first or continue its crash and dip

Ripple Labs has burnt a significant quantity of RLUSD stablecoin amid advanced testing phase

TL;DR Ethereum (ETH) has surged past $3,600, marking a 15% increase over the past week and reigniting investor interest. Record-breaking $22 billion in Ether futures open interest highlights growing market activity and institutional participation. Despite the bullish momentum, analysts caution against potential risks, including market volatility and possible price drops below $3,000.

Polymarket traders are split on Dogecoin's (CRYPTO: DOGE) trajectory as Inauguration Day approaches, with a 41% chance for DOGE to hit the 69 cents milestone by Jan. 20 next year. This represents a slight dip in confidence from the 53% chance on Nov.23.

By providing flexibility and monetization for energy producers, Bitcoin mining presents a novel and effective way to approach energy production.