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news-imageJuly 15, 2024

Crypto Price Analysis 7-15 BTC, ETH, SOL, TON, XRP, MATIC, DOT

Bitcoin (BTC) bounced off its support levels last week, which held firm, indicating strong demand at lower levels. It made a strong recovery over the weekend, breaking past $60,000 with a strong rally.
Publisher: Crypto Daily
Sentiment: Positive
BTC
DOT

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Negative
cover-imageNewsBTC
January 21, 2025

XRP Whale Binance Deposits Skyrocket: Key Holders Preparing For Profit-Taking?

On-chain data shows the XRP whales have been making a large amount of inflow transactions to Binance recently, a sign that may not be ideal for the asset's price. XRP Whales Have Made A High Number Of Transactions To Binance Recently As explained by an analyst in a CryptoQuant Qucktake post, the XRP Whale to Exchange Transactions metric has spiked for the cryptocurrency exchange Binance recently.

Negative
cover-imageThe Currency Analytics
January 21, 2025

Ripple vs. SEC: Lawsuit May Continue for 10 More Months

Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have been locked in a contentious legal battle since December 2020, with the SEC accusing Ripple of conducting an unregistered securities offering through its digital asset, XRP. The case has dragged on for almost four years, and as 2025 approaches, legal experts are predicting that the lawsuit may extend for several more months, possibly up to 10 months.

Positive
cover-imageBitcoin
January 21, 2025

Rumble Makes First Bitcoin Purchase As Part of $20 Million Strategy

The adoption of a corporate treasury diversification strategy of allocating cash reserves for the purchase of bitcoin has seen Rumble make its first acquisition. Rumble Makes Its First Bitcoin Purchase Tether-backed video-sharing website Rumble has bought its first bitcoin. This was revealed in an X post by its founder and CEO, Chris Pavlovski.

Neutral
cover-imageThe Currency Analytics
January 21, 2025

XRP Hits Record Weekly High But Faces Market Correction

XRP, the cryptocurrency associated with Ripple, recently achieved a milestone by recording its highest weekly candle ever at $2.95 on the Binance exchange. However, despite this significant achievement, the token has since faced a correction, dipping below the psychologically crucial $3 mark and raising concerns among investors.

Positive
cover-imageBitcoin
January 20, 2025

Ethereum Foundation Sets Up Multisig Wallet for Defi Participation

The Ethereum Foundation has announced the creation of a new multi-signature wallet using the Safenet platform to enhance its treasury operations and facilitate participation in the decentralized finance (defi) ecosystem. Ethereum Foundation Begins Transition to Safe Multisig Wallet The wallet, which operates on a 3-of-5 multisig structure, is located at address “0x9fC”.

Positive
cover-imageThe Currency Analytics
January 20, 2025

Bitcoin Primed for Parabolic Breakout, Says Analyst Who Predicted Market Cycles

The crypto market is buzzing with excitement as veteran analyst Dave the Wave, known for accurately predicting both the top and bottom of the 2021-2022 market cycle, signals that Bitcoin (BTC) could be gearing up for a massive parabolic move. According to Dave, the leading cryptocurrency is on the brink of breaking key resistance levels, potentially sending it past its all-time highs and into uncharted territory.

Positive
cover-imageThe Currency Analytics
January 20, 2025

Bitcoin Surpasses $109,000: A Historic Peak Ahead of Trump's Second Term

Bitcoin has achieved a significant milestone, reaching a new all-time high above $109,000 on January 20, 2025, just ahead of U.S. President-elect Donald Trump's inauguration. This impressive surge in Bitcoin's price marks a major moment in cryptocurrency history, eclipsing its previous record set just a month ago, when it briefly touched $108,000 in mid-December 2024.

Neutral
cover-imageCoinPedia
January 20, 2025

Time to Buy XRP? Record $250 Million of Outflow

The current market sentiment appears confusing due to the immense profit-taking in the past 24 hours. Amid this, XRP, the native token of Ripple Labs, seems promising and is poised for a massive upside rally, as long-term holders have shown strong interest and have been accumulating substantial amounts of tokens.

Negative
cover-imageThe Currency Analytics
January 20, 2025

Ethereum Price Drop Risk as Demand Weakens

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is facing mounting pressure as demand for the asset continues to fade. Recently, Ethereum saw a 2% drop in price, signaling a weakening of market interest.

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