TRX exploded to over $0.4 earlier today.

According to data from CryptoQuant, Bitcoin (BTC) reserves on cryptocurrency exchanges have dropped to a multi-year low. This decline coincides with the ongoing bull market, which has pushed the digital asset's price closer to the $100,000 mark.

The Tron Network native token is the crypto market's top-performing asset today, with a massive pump to a record high.

XRP, once considered a lagging altcoin, has recently shown impressive growth, surpassing its 2021 price peak and reclaiming the $100 billion market cap. As of December 2024, XRP is positioning itself to challenge Ethereum for the coveted second spot in the cryptocurrency market by capitalization, a position it held briefly during 2017 and 2018 before the SEC lawsuit against Ripple.

Roger Ver's lawyers urged a US judge to dismiss his tax evasion charges, marking his first court filing since his April arrest in Spain. The post ‘Bitcoin Jesus' Roger Ver Fights Tax Case, Claims Violation of Constitutional Rights appeared first on Cryptonews.

Cryptocurrencies have been gaining traction as institutional investors continue to show increasing interest, particularly through financial products like spot Bitcoin and Ethereum exchange-traded funds (ETFs). This trend was underscored on December 2, when Bitcoin and Ethereum ETFs saw significant inflows, signaling a shift in the financial landscape.

The Solana (SOL) network has grown to a top-tier layer one (L1) blockchain majorly bolstered by the memecoins launched in the past year. Solana's memecoin market cap has scaled to over $20 billion and a daily average traded volume of over $8 billion, led by dogwifhat (WIF), and Bonk (BONK), among others.

Bitcoin gives mixed signals as positive large holder and ETF flows kick off this week.

Despite a notable pause in its upward trend, Bitcoin (BTC) is approaching the landmark $100,000 mark, fueled by expectations of supportive policies for the sector from US President-elect Donald Trump. On Tuesday, the largest digital asset traded above the key $95,000 mark, acting as support for the past 24 hours.

The Bitcoin price continues to juggle around the narrow range, paving the way for the other altcoins to grow. While the large-cap tokens are gaining more attention, the tokens within the top 10 have been performing exceptionally in the past few days.

The BlackRock Bitcoin ETF (IBIT) continues to hit new milestones and is approaching $50 billion in assets under management, in less than a year of launch. This makes IBIT one of the top three ETF launches for the year 2024.

Phantom has confirmed that it has not been affected by a vulnerability discovered in the Solana library, i.e. Solana/web3.js.

As the Bitcoin whales maintain a wait-and-watch strategy and the BTC price falls near the $96,000 mark, Ethereum is making a bullish comeback. With an intraday surge, the Ethereum ETFs are showcasing positive trends, driving institutional demand.

Story Highlights The BTC price records a neutral price action for the third consecutive day. Bitcoin ETF breaks its inflow streak and loses $17.3 million in 24 hours. Technical indicators record mixed price sentiment. Despite increased price volatility, Bitcoin has displayed neutral price action this week.

High above the mundane operations on the ground, where physical equipment hums and hard drives spin tirelessly, a digital revolution is reshaping the mining of cryptocurrencies.

The investment is expected to help the firm top $300 million in revenue and produce 2% of the Bitcoin network's total hashrate.

Grayscale Investments has filed with the SEC to launch a spot Solana ETF, aiming to convert its existing Solana Trust into a publicly traded fund on the NYSE.

According to data provided by cryptocurrency analytics firm Lookonchain, a whale with 2,700 BTC (more than $250 million in dollar terms) recently transferred all of its holdings out after 11 years of dormancy.

The cryptocurrency market is buzzing with optimism as Bitcoin (BTC) consolidates near $95,000, and altcoins like Tron (TRX) and Reserve Rights (RSR) post massive gains. With a global market capitalization climbing 1% to $3.54 trillion, today's crypto prices highlight a strong bullish trend.

Peter Todd reignited discussions about space-based Bitcoin mining in a recent blog post where he argued that it is technically feasible.

Japanese crypto exchange DMM Bitcoin is finally closing after a $320 million hack. The company attempted to recover customer assets for several months but is now transferring accounts to SBI VC Trade.

Solana started a fresh increase from the $215 zone. SOL price is rising and might aim for a move above the $240 and $250 resistance levels.

Hut 8 has argued a lawsuit from its shareholders arose “from a short seller's attempt to obtain a monetary gain on its short position” in the crypto miner.

Bitcoin has been displaying notable resilience in recent sessions, holding steady above the $95,000 support level despite a brief pullback. The cryptocurrency is currently consolidating between the $95,000 support zone and the $98,000 resistance level, with market participants on edge as Bitcoin attempts to clear this crucial barrier.

Data shows social media users aren't euphoric towards Bitcoin, XRP, and other top cryptocurrencies despite the market-wide surge, a sign that could be bullish for their prices. Positive Sentiment Vs.

Cryptocurrencies traded at big discounts in the South Korean market Tuesday but recovered amid intense political drama in the East Asian nation. What happened: Major coins like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) sharply fell in value on Upbit, South Korea's largest cryptocurrency exchange.

Bitcoin has experienced notable whale activity since the conclusion of the US election on November 5, with an increase in the volume of Bitcoin transferred to exchanges by active whale addresses. However, contrary to what one might expect, there hasn't been a significant surge in profit-taking activity among these large holders, a CryptoQuant analyst named onatt revealed in a recent post on the QuickTake platform.

What's driving MicroStrategy's relentless push toward acquiring more BTC?

Roger Ver, famously dubbed “Bitcoin Jesus,” is no stranger to controversy. Now, he's up against U.S. prosecutors who accuse him of dodging $48 million in taxes tied to Bitcoin sales. Ver isn't just denying the charges. He's calling the tax rules themselves unconstitutional.

A crypto analyst highlighted significant Bitcoin inflows to crypto exchanges from whales, who are still holding back on making any major moves.

Foundry, a major mining pool and a subsidiary of DCG, laid off 60% of its staff. These layoffs targeted the company's non-core functions, including its entire hardware team and a possible future sale of mining site operations.

The crypto prices remain bullish today, with Bitcoin (BTC) consolidating in the $93K to $96K range. Among altcoins, Binance Coin (BNB) surged 15%, reaching a new all-time high.

The US government recently moved a substantial portion of its Bitcoin holdings, amounting to $1.92 billion, raising concerns about the future of Bitcoin reserves under the upcoming administration. This transaction, which included $963 million moved to Coinbase, has reignited discussions on the potential for the US to liquidate its Bitcoin holdings before President Joe Biden leaves office, potentially undermining plans by President-elect Donald Trump to create a US Bitcoin Reserve.

Tron reached an all-time high of $0.2349, and network activity increased accordingly.

TRON (TRX) surges to a new all-time high of $0.3479, marking a 60% daily increase and a $29.57 billion market cap. Is this the start of an altcoin season?

Funds are shifting from Bitcoin and newer tokens, like meme coins, to older, undervalued projects including Tron, Decrypt was told.

As we step into December 2024, altcoin season is in full throttle. The Altcoin Season Index hitting an all-time high of 88/100 signals a massive shift in focus to alts, and Solana is once again in the spotlight.

Ethereum price is recovering higher from the $3,500 zone. ETH is showing bullish signs and might soon aim for a move above the $3,700 resistance zone.

Roger Ver is contesting a U.S. criminal indictment accusing him of evading $240 million in taxes from Bitcoin sales.

Virgin Voyages has become the first cruise line to accept Bitcoin, unveiling its 2025 Annual Pass. The pass, priced at $120,000, offers unlimited cruising for a year and exclusive amenities, targeting crypto investors and global travelers.

TRON's surge highlights growing investor interest in alternative crypto assets, potentially reshaping market dynamics and investment strategies. The post TRON jumps 85% to new record high, market cap tops $36 billion appeared first on Crypto Briefing.

Solana (SOL) is currently up by more than three percent and is trading close to the $240 levels. The recent price increase comes after Grayscale Investments filed with the SEC to convert its Grayscale Solana Trust into a spot ETF.

Marathon Digitals Growth: Driving Investor Confidence Bitcoin (BTCUSD) is currently consolidating after reaching a new all-time high of $93,483, with prices trading around $95,123. Both MicroStrategy and Marathon Digital Holdings (MARA) have significantly increased their Bitcoin holdings, reflecting strong institutional interest as Bitcoin approaches new highs.

Solana (SOL) price has resumed selling pressure after reaching the overhead resistance level of $260.

Roger Ver is contesting a U.S. criminal indictment accusing him of evading $240 million in taxes from Bitcoin sales.

Bitcoin prices consolidate near the $95,000 level. BTC must clear the $96,500 resistance zone to attempt a fresh increase in the near term.

Solana ETF is gaining more support to be released in the United States after Grayscale, following others' moves to be proposed to the commission.

The cryptocurrency market appears super interesting due to ongoing developments in the industry. Today, December 4, 2024, the giant asset manager Grayscale Investments has officially filed for a Solana Exchange-Traded Fund (ETF) with the New York Stock Exchange (NYSE).