Ether has outperformed Bitcoin in futures yields, signaling more potential ETF inflows that could catalyze an Ether rally above $4,000 before Jan. 20.
Ethereum ETFs outperformed Bitcoin ETFs in net inflows, with Ether ETFs attracting $224.9 million in inflows compared to Bitcoin's $35.2 million between Nov. 22 and 27.
Since November 5, the XRP market has witnessed substantial growth of at least 218.68%. In the last four days alone, the market has seen a notable surge of over 14.69%. The current price of XRP is just 14.39% lower than the 2021 peak of $1.83558.
XRP, the digital asset associated with Ripple Labs, has decoupled from Bitcoin (BTC), showcasing remarkable price growth. While BTC increased slightly by 0.40% in the last 24 hours, XRP is up over 10%, demonstrating its independence from the leading cryptocurrency.
XRP whale wallets have increased from 1,537 to 1,565 while maintaining a price above $1.50 USD, coinciding with upcoming regulatory changes and technological developments in the broader cryptocurrency ecosystem.
The market is nervous as Ethereum continues to rise, with over $835 million in short positions ready to be liquidated if ETH reaches $4,000. The price chart for Ethereum and the provided liquidation heatmap demonstrate the high stakes that are currently surrounding the second-largest cryptocurrency.
The Ethereum Foundation once again caused a stir across the broader market on Friday, revealing that it is investing tens of millions into zkVMs (zero knowledge virtual machines). Justin Drake, a renowned researcher at the organization, revealed this investment strategy.
Launch of the ETP on Dogecoin: a new era for cryptocurrencies.
It's a big Friday in the crypto world as over $11 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire today! With the market bouncing back from a recent dump, all eyes are on today's massive expiry event.
XRP delivered an outstanding performance on Thanksgiving Day, 28 November 2024, surging by 9.4% to reach $1.60. This rally made XRP the top-performing cryptocurrency among the top 10 by market cap, far outpacing rivals like Bitcoin and Ethereum. Thanksgiving, typically a quiet trading day due to the U.S.
Bitcoin futures open interest (OI) has risen significantly, jumping from $39 billion on Nov. 5 to $60.9 billion following Donald Trump's presidential election victory.
Ripple vs SEC: The US Securities and Exchange Commission (SEC) is likely to drop the appeal in the Ripple lawsuit. Former CFTC Chairman Chris Giancarlo and pro-XRP lawyers believe it's “very plausible” that new SEC chair under the Trump administration will drop SEC v Ripple Labs lawsuit.
Ethereum's layer-2 (L2) networks have reached an all-time high in total value locked (TVL), surpassing $51.5 billion—an increase of 205% from $16.6 billion in November 2023.
Investor interest in leveraged Ethereum products has surged, with VolatilityShares' 2x Ether ETF seeing a 160% increase in exposure since early November.
Ripple Labs has made another significant financial contribution to the cause of crypto-friendly policies. The company recently donated $25 million to Fairshake, a bipartisan Super PAC (Political Action Committee) focused on electing candidates who support pro-crypto, pro-growth, and pro-innovation initiatives.
Bitcoin bulls avoid further retests of round-number levels as support as Ethereum finally wakes up.
The Ethereum (ETH) network has remained the undisputed web3 leader, with over $69 billion in total value locked (TVL) and more than $103 billion in stablecoins market cap, majorly due to the significant development of its layer-two (L2) scaling solutions.
The cryptocurrency market showed mixed yet promising movement today, November 29, 2024, with Bitcoin (BTC) maintaining its position at $96K, signaling continued market confidence. Meanwhile, altcoins saw varied performances, with some recording significant gains and others showing slight declines.
XRP token soared more than 8% in the last 24 hours, outperforming major altcoins as the market saw a slight broader uptick. The post XRP Jumps 8% as Bitcoin Recovers to $96K Amid Broader Market Uptick appeared first on Cryptonews.
On November 23, the total Cardano (ADA) large transaction volume was $45.41 billion. Today, the same volume has dropped to $26.34 billion, suggesting that large investors in the market have reduced their exposure to the cryptocurrency.
Ripple's XRP has been making impressive strides, with a 6% increase in the last 24 hours, bringing its price to just under $1.50. Over the past seven days, XRP has surged by an impressive 36%, positioning it for a potential rally toward the $2 mark.
Spot Bitcoin exchange-traded funds in the U.S. have experienced significantly lower inflows compared to their Ethereum counterparts during the last four trading days, from Nov. 22 to the day before Thanksgiving.
The cryptocurrency market today has been steady, with a 24-hour gain of 0.16%, taking the total market capitalization to $3.31 trillion. The intraday trading volume also shot up by the same margin, reaching $197.98 billion.
XRP has been in the spotlight for many years. Sometimes for the Ripple Vs XRP case while the other for helping big banks making cross border payment. Many experts believe the suppression by the SEC has been the reason XRP did not get the attention it deserved.
According to 100eyes Crypto Scanner, the Ripple-affiliated XRP cryptocurrency is currently approaching horizontal resistance near the $1.6 level.
Story Highlights Ripple price surges ~7% and reclaims the $1.5 mark today. The technical indicators record increased bullish sentiment. Sustained bullish action could result in the altcoin achieving a new 52-week high. With a favorable development for XRP in the Ripple vs SEC lawsuit, the XRP price has successfully retested its important support level.
A quant has explained how Ethereum is now in its secondary bull run phase according to the trend in this popular on-chain indicator.
Bitcoin DeFi is gaining momentum, and Charles Hoskinson predicts it will surpass other blockchain DeFi systems in the next few years.
While more than 90% of Ether holders are in profit, data shows traders remain cautious about the asset hitting $4,000 anytime soon.
Today, over $10 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are due to expire.
Just as Ethereum price has been showing strength above $3,500 levels, selling by Ethereum whales picked up once again. The heavy ETH offloading to exchanges by whales has caught investors' attention on whether the profit-booking begins even before reaching $4,000.
According to a Fox Business reporter, the former U.S. Commodity Futures Trading Commission (CFTC) chair Christopher Giancarlo believes that the next U.S. Securities and Exchange Commission chair might drop the Ripple case. Another poll posted on X by Good Morning Crypto revealed that out of the 1312 votes, over 94% of the respondents believed the Ripple case would be dismissed.
Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, has recently surged past a critical resistance level, capturing significant attention from both investors and traders. As of November 28, 2024, Ethereum's breakout from a five-day-long consolidation zone indicates the potential for a substantial rally in the coming days.
Ethereum user p0pular.eth recently managed to trick Freysa, a recently released artificial intelligence (AI) agent, into transferring them its prize pool of 13.19 ETH ($47,000 USD).
Ethereum has achieved its highest price point in almost six months, reaching $3,682 during early trading on Thursday, November 28, 2024. This marks an 18% gain over the past week, fueled by growing institutional interest, particularly in the form of spot Ether ETFs in the United States.
After an impressive performance on Wednesday, Ethereum (ETH) price has been forming a bullish pennant in the hourly time frame.
Spot Ether ETFs racked up $224.9 million in net inflows over the last four trading days — around $190 million more than the spot Bitcoin ETFs.
Spot Ether ETFs racked up $224.9 million in net inflows over the last four trading days — around $190 million more than the spot Bitcoin ETFs.
Ethereum surges past $3,600 with $43B daily trading volume Altcoin Season Index reaches 61/100, nearing critical threshold Technical indicators suggest potential push toward $4,093
Following its massive rally above the $0.3 mark, the Dogecoin price has been struggling to break past the $0.4 resistance for weeks. A crypto analyst has revealed what could happen if Dogecoin fails to clear this crucial resistance, highlighting bearish scenarios and new price lows for the meme coin.
The crypto prices today remain steady compared to yesterday, showing minimal fluctuations over the last 24 hours. Bitcoin (BTC) regained $97K reflecting strong market sentiment, while major altcoins displayed mixed movements.
The legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) continues, despite some recent developments. Ripple has recently gained attention as a U.S. court approved its request to fast-track the final judgment in the XRP lawsuit. This decision could mean the case, which has been dragging on for years, might end sooner.
XRP price is rising and gaining pace above the $1.480 zone. The price is showing positive signs and might soon aim for a breakout above the $1.60 level.
Ripple's XRP has crossed the hurdle at $1.50 and is trading close to the $1.60 levels at the time of writing. The price has recently broken out above key resistance levels and continues its upward movement. The altcoin is up by more than seven percent in the last 24 hours and is now eyeing $2.
Ethereum price is holding gains above the $3,500 zone. ETH is consolidating and might soon aim for a move above the $3,600 resistance zone.
XRP surges 4.78% as Schwab eyes crypto expansion and SEC changes fuel market optimism. Key levels to watch: $1.63 resistance, $2 target.
In the last two weeks, there has been a noticeable increase in whale activity across several cryptocurrencies, indicating that large investors are accumulating these assets. Here are the main points: Toncoin (TON) Whale Purchases: Since November 21, whales have bought about 459,980 TON, worth around $30 million.
ADA, the native token of the Cardano blockchain, is poised to continue its upward momentum after trading sideways for a week. On November 29, 2024, ADA has formed a bullish price action pattern on a smaller time frame and is on the verge of a breakout.