Average Bitcoin and USDT deposits across crypto exchanges escalated over the year, indicating a rise in institutional demand for digital assets.
Analysts attribute XRP's rise to the third-largest cryptocurrency by market cap to optimism around regulatory changes and Ripple's ecosystem expansion. What Happened: Speaking with Benzinga, industry experts highlight how Ripple's (CRYPTO: XRP) business growth, including the launch of its RLUSD stablecoin, and potential shifts in SEC leadership are driving demand for XRP.
The trading volume for the XRP/KRW pair on South Korea's Upbit exchange surpassed $7 billion earlier today, according to data provided by CoinMarketCap.
AVAX builds momentum with rising activity and bullish metrics.
Dennis Porter, CEO and Co-Founder of the Satoshi Act Fund, has announced that ten US states are poised to introduce legislation to establish a Strategic Bitcoin Reserve (SBR) at the state level.
Ondo Finance (CRYPTO: ONDO), a tokenization-themed cryptocurrency with ties to BlackRock , has surged over 35% in the last 24 hours. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ondo Finance (CRYPTO: ONDO) $1.71 $2.2 billion +38.9% +75.4% Maker (CRYPTO: MKR) $2,178.34 $1.9 billion +14.6% +26.7% MANTRA (CRYPTO: OM) $3.85 $3.5 billion +10% +7.
In the latest development, Cryptocurrency prices plunged and exchanges were paralyzed after South Korean President Yoon Suk Yeol unexpectedly declared martial law on Tuesday night, as reported by The Korea Herald.
In a research note released recently by Gautam Chhugani, a Senior Analyst at AB Bernstein, Ethereum's recent underperformance is presented as an opportunity rather than a setback. Chhugani's comprehensive analysis explores Ethereum's supply mechanisms, institutional adoption, and staking dynamics, presenting a case for a favorable risk-reward outlook. 1.
Bitcoin's price went through a flash crash on South Korea's Upbit, dropping by 30% in minutes.
XRP (Ripple) price has surged to its highest levels in six years, reaching new milestones amid growing optimism around the coin's ecosystem. The coin has skyrocketed approximately 450% over the past 30 days, making it one of the best-performing cryptocurrencies in the market.
As the crypto market prepares for a new season of growth, XRP has opted to reduce its reserves 10 times lower. The current adjustment reflects a decrease to $2.64 from $26.40.
BitconeMine, the industry leader in cryptocurrency cloud mining, has announced its latest innovation in cloud mining technology.
Dan Gambardello, a veteran market analyst and founder of Crypto Capital Venture, is uber-bullish about Cardano (ADA). As one of the most outspoken advocates of ADA, he has forecasted that the coin could swiftly rocket to the ambitious $3 level.
Bitcoin (BTC) continues to reject key resistance levels, with a cryptocurrency analyst warning that the asset will likely crash below $90,000 based on the technical setup.
Ripple Labs-backed XRP Ledger (XRPL) has launched a new software update, marking another enhancement for the layer-1 protocol. With this update, developers must update the latest version, dubbed rippled 2.3.0.
Shiba Inu price has retreated for two consecutive days, even as the burn rate jumped by over 3,400%. Shiba Inu (SHIB), the second-largest meme coin, retreated to $0.00002765, down by 16.2% from its highest level this month.
Cardano could be the next to surge after XRP, as the ADA price shows signs of an imminent market recovery. A crypto analyst has projected that the ADA price could experience an epic breakout to $4.88 this bull cycle.
On Tuesday, bitcoin's price slipped beneath the $94,000 mark, hitting a low of $93,697. This dip comes amid a wave of significant gains among a variety of altcoins over the past few days. Bitcoin Wavers: Investors Shift Billions to Altcoins as Dominance Drops Below 55% Bitcoin (BTC) has dropped 1.6% against the U.S.
The US SEC's lead attorney in the Ripple lawsuit, Jorge G. Tenreiro, has joined the agency as its Chief Litigation Counsel, sparking discussions in the crypto market.
Digital asset exchange Coinbase is pushing back against accusations that it isn't supporting Ethereum's (ETH) scaling roadmap. The top US crypto exchange came under fire online after it announced last week that it wouldn't support Celo's (CELO) upcoming migration from a standalone layer-1 chain to an Ethereum layer-2.
BlackRock's Bitcoin ETF surpassed 500,000 BTC in AUM, an indicator of growing institutional interest in Bitcoin ETFs. With this milestone, experts foresee continued growth and adoption of these funds as portfolio diversifiers. Will this shape Bitcoin's future? The post BlackRock's Bitcoin ETF Exceeds 500K BTC in AUM appeared first on Cryptonews.
In response to the martial law declaration, opposition Democratic Party leader Lee Jae-myung expressed concern that the military would arrest members of South Korea's parliament.
MARA Holdings, formerly Marathon Digital, has announced plans to acquire a wind farm in Hansford County, Texas, to power its sustainable Bitcoin mining data center.
Bitcoin (BTC) dominance dips to 55.81%, down from its November 2024 top of 61.53%. Declining BTC dominance has paved the way for the altcoin season with over 75% of the top 100 altcoins outperforming Bitcoin consistently.
Blockfrost and Filecoin Foundation are working to integrate Filecoin's decentralized storage capabilities as a backup layer for Cardano apps built with Blockfrost. The post Cardano Apps Get a Backup Layer Through Blockfrost and Filecoin Collab appeared first on Cryptonews.
While a bull rally correction has been anticipated, Bitcoin's drop from its all-time high of $99,600 to $92,000 managed to wipe out a good chunk of optimism from the market.
Avalanche (AVAX) has been experiencing a significant surge in price recently, attracting the attention of investors and market enthusiasts alike. Currently trading at $46.34, the cryptocurrency has gained more than 4% in the past 24 hours, with trading volumes increasing by over 200% to $2.07 billion.
The martial law declaration in South Korea highlights the vulnerability of crypto markets to geopolitical events, causing significant price volatility. The post Bitcoin crashes to $62,000 on Upbit after South Korea enacts emergency martial law appeared first on Crypto Briefing.
The trading volume of popular cryptocurrency XRP on the leading U.S. crypto exchange over the past 24 hours has temporarily exceeded the combined turnover of Bitcoin (BTC) and Ethereum (ETH) today.
Canadian Bitcoin developer Peter Todd, who was identified as the likeliest Satoshi Nakamoto candidate in a recent HBO documentary, recently weighed in on the feasibility of Bitcoin space mining, arguing that critics of such a futurist idea are wrong.
TRON (TRX) performed one of the biggest sleeper rallies, and is one of the assets with no drawdowns since the start of 2024.
TL;DR Vitalik Buterin proposes the integration of privacy solutions such as ZK-SNARK and the adoption of Layer 2 (L2) to improve the efficiency and security of ETH wallets. Buterin suggests incorporating private transfers and the management of a “private balance” in a privacy pool within wallets.
For XRP Ledger, this decision to lower barriers for new users on the network also frees up funds it previously held in reserve.
Ethereum co-founder Vitalik Buterin shared his expectations and standards for the future of Ether wallets.
South Koreas declaration of martial law has sent shockwaves through cryptocurrency markets, driving Bitcoin to plunge 30% against the won. As investors react to political instability, market volatility intensifies, raising fears of deeper disruptions in the days ahead.
Bitcoin exchange reserves have hit multi-year lows, reflecting growing investor confidence and a shift toward long-term holding.
XRP whale activity hits a all-time high. Ripple whales have been actively purchasing buying 160 million tokens worth $380 million.
Bitcoin recently experienced a dip below the $90,000 mark after briefly hitting the $100,000 threshold, sparking discussions among analysts about its short-term trajectory.
A crypto analyst who accurately predicted the XRP price jump to the $2.8 milestone has made another bold prediction for the cryptocurrency. The analyst recently shared a technical analysis of XRP based on the Elliott Wave Theory, identifying price wave patterns and their implications on the cryptocurrency's future trajectory in the mid-to-long term.
Unlike many cross-chain bridges, Portal-to-Bitcoin uses a combination of threshold signatures and atomic swaps.
Michael Saylor, MicroStrategy executive chairman, joins 'Squawk Box' to discuss the company's decision to purchase 15,400 bitcoin for about $96,000 per coin, state of the crypto industry, the appeal of bitcoin, and more.
While Beam Chain focuses on the consensus layer, complimentary upgrades to Ethereum's execution and data availability layers are also in the works.
With this shift, dtcpay aims to deliver a more scalable and compliant payment ecosystem while adapting to evolving consumer needs.
BTC dumped to a new 6-day low earlier today.
Ripple has emerged as one of the best-performing cryptocurrencies in this bull run, jumping by almost 500% from its lowest level in November.
Is a massive Bitcoin sale on the horizon?
According to on-chain data, BlackRock's iShares Bitcoin Trust (IBIT) now holds over 500,000 BTC. This positions BlackRock as the third-largest Bitcoin holder globally, trailing only Bitcoin's pseudonymous creator, Satoshi Nakamoto, and crypto exchange giant Binance.
The crypto markets are gearing up with popular altcoins printing massive gains in the past few days. With XRP & ADA prices rising above $1 after a long time frame, the momentum appears to have shifted in favour of bulls.