The crypto market today has taken a slight detour to the south, as the industry's market cap fell slightly by 1.19% to $3.15 trillion. In the meantime, the intraday volume of business saw a significant hit, plunging by 10.68% to $313.32 billion.
Donald Trump's presidency is only a few minutes old, and already several lawsuits have been filed against him. The lawsuits are about a new advisory group, DOGE (Department of Government Efficiency), which has raised concerns due to its questionable structure and lack of proper government oversight.
On-chain data shows the demand from the retail investors has remained at low levels recently despite the rally Bitcoin has seen to a new high.
A monumental cryptocurrency transaction has caught the attention of the crypto community today, as Whale Alert, a leading blockchain tracker, revealed an astonishing deposit of 40,000,000 XRP to Binance. Valued at $124,788,255, the transaction has generated discussions across the market, as XRP experiences a notable price surge.
El Salvador, the first nation to adopt Bitcoin as legal tender, has purchased more BTC shortly after striking a financing deal with the International Monetary Fund that stipulated narrowing the scope of its experiment with the flagship cryptocurrency.
The price of Bitcoin, the world's biggest and best-known cryptocurrency, hit a new all-time high near $109,000 on Monday as hopes grew for a strategic BTC national reserve but swiftly dropped to the $103K zone after President Donald Trump's silence on crypto at his inauguration speech.
Vivek Ramaswamy has stepped down as co-leader of the Department of Government Efficiency (D.O.G.E), a controversial initiative spearheaded by Elon Musk and championed by President Donald Trump.
Following Donald Trump's presidential inauguration, the cryptocurrency market has experienced a mix of price actions. Bitcoin (BTC) has managed to maintain its position above the $101K mark, while meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Official Trump (TRUMP) have been facing price declines.
The price of Bitcoin has dwindled as traders anticipate Donald Trump's crypto executive order following his inauguration.
As the new crypto-friendly administration takes office, crypto investors expect a likely volatile market. However, some analyst shared their bullish predictions as Bitcoin (BTC) hit its latest all-time high (ATH) of $109,000.
El Salvador added 12 Bitcoin to its reserves, reaffirming its commitment to cryptocurrency despite an agreement with the IMF to scale back its Bitcoin initiatives.
According to David Lawant, head of research at FalconX, Bitcoin, the flagship cryptocurrency, recorded a whopping $46 billion in spot trading volume on Monday.
Dogecoin started a downside correction from the $0.4050 zone against the US Dollar. DOGE is now consolidating and might attempt a fresh increase if it clears the $0.3680 resistance.
Polymarket bettors currently estimate a 64% chance that the U.S. will establish a national bitcoin reserve by the end of 2025, following Donald Trump's inauguration today. Bettors Still Signal Strong Support for U.S. Bitcoin Reserve Proposal The concept of a U.S.
Ethereum (ETH) is continuing to impress as it bounces back from a key support level near $2,900. With a notable gain of more than 10% over the past few days, Ethereum is gaining momentum and strengthening its position as one of the most promising assets in the ongoing crypto bull market.
Ripple's XRP is currently down by more than two percent and is trading at $3.05 levels. The price is attempting to break above its all-time high territory and while there was an attempt to do so a few days ago, it was not a sustained breakout.
Crypto Market Today: In a riveting turn of events, following Donald Trump's presidential inauguration on Monday, the crypto realm appears to have witnessed mixed price actions recently. While Bitcoin (BTC) price maintained a hold above the $102K level, top meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Official Trump (TRUMP) have traded in
Dogecoin dips as Trump Coin and Melania Token steal the spotlight. Will DOGE bounce back or face more competition from emerging meme tokens?
Options continue to show a bias for BTC relative to ETH despite Trump bypassing any mention of strategic bitcoin reserve in his inaugural speech on Monday.
XRP has experienced substantial growth, particularly following the November 2024 U.S. presidential elections, where Donald Trump's victory fueled a surge in the cryptocurrency's value. Starting at around $0.50, XRP saw an explosive rise, reaching a peak of $3.39, marking a stunning 520% gain in just one month.
XRP price started a fresh increase above the $3.250 level. The price is holding gains and might start another increase if it clears the $3.180 resistance.
As Donald Trump took oath as the 47th President of the U.S. on Monday, World Liberty Financial, a cryptocurrency project backed by him, announced a series of strategic purchases, including Ethereum (CRYPTO: ETH) and Wrapped Bitcoin (CRYPTO: WBTC). What Happened: In an X post, the decentralized finance platform disclosed buying several cryptocurrencies, including $47 million each in Ethereum and Wrapped Bitcoin, a converted version of Bitcoin that can be used on Ethereum's blockchain.
Undoubtedly, Bitcoin has seen significant growth over the past years both in market price and as a network, solidifying its reputation as a considerable financial haven. Adding more credibility to this fact, a CryptoQuant analyst known as Gaah recently highlighted a notable trend: a large volume of Bitcoin—roughly 1 million BTC—has been withdrawn from crypto exchanges over the past three years.
Vivek Ramaswamy said on X he was leaving the Department of Government Efficiency and was “confident that Elon and the team will succeed in streamlining government.”
Bitcoin has reached a new all-time high of $109,357 after a week marked by extreme volatility. The cryptocurrency dropped sharply to the $89,000 level last Monday, only to rebound with an impressive 22% surge, propelling it to new heights.
Ethereum price remained below the $3,500 resistance while Bitcoin rallied. ETH is consolidating above $3,120 and facing many hurdles.
Dogecoin (DOGE) has recently shown promising technical signs that could pave the way for a significant price increase, with a prominent analyst predicting a potential 49% surge in the cryptocurrency's value. Currently trading at $0.3625, DOGE has experienced a slight decline of 6% in the last 24 hours but has posted a more optimistic 14% increase over the past week.
AVAX consolidates within a symmetrical triangle, signaling a possible breakout toward $60.
Recent XRP price performances have sparked bullish excitement in the altcoin community, as experts say Ripple could rival Bitcoin, just like in 2018. Another altcoin asset gaining widespread attention is Propichain, an Ethereum-based altcoin investment platform.
Bitcoin price started a short-term downside correction after setting a new all-time high. BTC is consolidating above $101,000 and might aim for a fresh increase.
North America may be on the cusp of a crypto golden era if it ends up with two pro-crypto heads of state. This Year Could See Two North American Pro-Crypto Heads of State Long before U.S.
Prominent cryptocurrency analyst Ali Martinez has once again raised the prospect of Ethereum (ETH) reaching new heights, suggesting that the second-largest cryptocurrency by market capitalization could surpass $7,000 in the ongoing bull market.
Ethereum Foundation will allocate up to 50,000 ETH to DeFi activities, managed via a multisig wallet on Safe.
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.
El Salvador's total stockpile now stands at 6,044 Bitcoin, worth over $617 million, after the country bought an additional 12 BTC in the last day.
Ripple case under review: Acting SEC chair Uyeda may pause or withdraw appeals. XRP awaits clarity amid legal uncertainty.
Unlike other meme coins in the market, the Dogecoin price has demonstrated resilience, making a strong recovery after weeks of price declines and consolidation. Highlighting this strength and history of bullish performances, a crypto analyst has predicted that Doge could resume its upward momentum and potentially drive its price to new all-time highs of $2.2.
Vivek Ramaswamy has departed from Donald Trump's Department of Government Efficiency (DOGE). The entrepreneur has left the position at DOGE to run for governor of Ohio.
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.
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.
The phrase 'how to buy crypto' garnered a 100 rating as a Google search term this past week, indicating potential retail interest.
Dogecoin traders have lost over $65 million in 24 hours amid the largest liquidation event in this year so far. This development came as the DOGE price crashed violently after climbing to as high as $0.43 on Sunday.
Crypto traders note that a golden opportunity is on the horizon, and missing out could mean forfeiting a lasting financial legacy. A top Dogecoin trader, known for accurately predicting Dogecoin's extraordinary 35,000% rally in 2021, is betting big on the new Ethereum token, WallitIQ (WLTQ).
As Donald Trump was inaugurated as the 47th President of the United States, Bitcoin prices experienced a notable correction, and the Solana-based TRUMP meme coin plummeted by over 40% within 24 hours. Investors, however, are maintaining cautious optimism, awaiting potential new executive orders and announcements from World Liberty Financial (WLF).
Ramaswamy's exit puts Musk's leadership under scrutiny as DOGE's directives may shape Congress and Trump's executive orders.
The Ethereum Foundation's move to support Ethereum's DeFi ecosystem comes after months of criticism accusing it of not caring enough about the space.
On Monday, following Donald Trump's inauguration and address—an event that made no mention of bitcoin or crypto assets—the cryptocurrency market experienced a pullback. Bitcoin fell 5.7% from its all-time high (ATH) of $109,356 recorded on Jan. 20, slipping to $103,092 per coin.
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.