The price of XRP experienced its second major crash in February, falling from $2.676 to $2.06 in 10 days, a drop of 27%. The crash came amid a broader market correction that saw $1.5 billion in short and long leveraged positions liquidated in just 24 hours.
Bitcoin plunges below $90K after a $1.5 billion Bybit hack. Regulatory fears fuel the selloff—is the worst yet to come?
The XRP lawsuit has created growing anxiety within the crypto community, with many fearing a delay in its resolution. Despite the SEC's favorable stance, there is significant debate over its potential outcome.
Extreme bearish sentiment grips crypto as BTC, ETH, XRP, and SOL face declines, but historical trends hint at a potential market bottom.
TL;DR Altcoins Show Recovery: After significant market losses, XRP, ADA, and DOGE have posted impressive gains, providing relief to investors. XRP Holds Key Level: XRP surged 11.3% overnight, holding a critical support level and gaining investor confidence from positive news.
Bitcoin exchange-traded funds (ETFs) faced a massive $1 billion outflow on Feb. 25, marking the largest single-day withdrawal since their inception. Ether ETFs also experienced a significant net outflow of $50 million. Historic Withdrawal Sees Bitcoin ETFs Lose $1 Billion in a Day With Ether ETFs Down $50 Million On Tuesday, Feb. 25, U.S.
Bitcoin's recent price crash took the entire market by surprise, leaving bullish investors reeling in losses. Particularly, this crash saw Bitcoin losing its foothold at the $90,000 price level and extended a crash across multiple cryptocurrencies.
In the wake of the 450% gain Bitcoin (BTC -1.29%) has logged since late 2022, it's not a stretch to suggest that plenty of investors are kicking themselves for not buying into (literally and figuratively) the cryptocurrency movement. Even without understanding what they're worth or how they're valued, clearly at least a few people are getting very, very rich off of digital currencies.
XRP Ledger (XRPL) has outlined a strategic roadmap to enhance institutional DeFi and programmability within its ecosystem. This initiative focuses on integrating compliance-driven solutions, expanding lending capabilities, and introducing innovative tokenization tools to solidify XRPL's role in institutional finance.
India's Central Bureau of Investigation is conducting nationwide raids in connection to the GainBitcoin scam, which defrauded 8,000 investors with false Bitcoin returns.
XRP has recently shown signs of a possible trend reversal, although it is still under the influence of a broader bearish divergence. Over the past 24 hours, XRP briefly fell below the critical support zone between $2.25 and $2.30.
Strategy's (formerly MicroStrategy) stock (MSTR) has taken a significant hit. The stock fell by double digits following a sharp decline in Bitcoin's (BTC) price.
U.S. Bitcoin ETFs faced an unprecedented outflow on February 25, with investors pulling nearly $940 million from these funds, the largest one-day withdrawal since their launch in January 2024.
Data shared by the analytics account Spononchain has revealed that spot Bitcoin ETFs have faced a massive Bitcoin withdrawal which closely approached $1 billion.
Over $5 billion of notional value is set to expire this Friday on Deribit at 08:00 UTC.
Over $5 billion of notional value is set to expire this Friday on Deribit at 08:00 UTC.
A similar chart pattern in August 2024 resulted in a 40% Bitcoin price rally from $53,400 to $74,000. Is history about to repeat for BTC?
Spot Bitcoin ETFs in the United States experienced their largest-ever daily net outflows on Tuesday, with total withdrawals reaching $1.01 billion The post U.S. Spot Bitcoin ETFs See Record $1B Daily Outflows as 10 of 12 Funds Report Withdrawals appeared first on Cryptonews.
A Strategic Bitcoin Reserve Bill is heading towards a full vote after passing in the Oklahoma State House Committee, despite BTC's recent drop below $90,000.
MicroStrategy (now Strategy), the corporate intelligence company, is having operational challenges right now. From their November top of $475, its shares have dropped more than 55%.
XRP (XRP 4.93%) is a popular cryptocurrency asset for a reason, but most of its investors probably haven't even used it for its intended purpose: transferring money inexpensively and quickly across international borders. Today, its price is about $2.40, though it's likely to surpass $3 sooner or later.
In the latest crypto market crash, Bitcoin (BTC) dipped below the significant $90k support, sparking investor concerns. However, Binance CEO Changpeng Zhao offered a reassuring outlook, predicting Bitcoin (BTC) will bounce back and eventually reach $1 million.
Bitcoin wobbles below a critical threshold, and the pressure is intensifying. While the cryptocurrency had exceeded the $90,000 mark a few weeks ago, it now finds itself below $85,000, prompting analysts to consider a more pessimistic scenario.
Regardless of your intention, your investment choices are likely influenced by others' actions and perceived beliefs. But that's completely normal.
Genesis Digital Assets is a private bitcoin miner that claims to have one of the largest hashrate capacities in the world.
XRP (XRP 7.85%) has been one of the hottest cryptocurrencies on the market over the past year but is that momentum going to last and will the blockchain help update financial markets? We try to answer that and predict if this is a 10x cryptocurrency in this video.
John Bollinger is not buying into the bear market panic just yet. The man behind the well-known Bollinger Bands indicator, a tool many traders swear by, recently shared his take on Bitcoin's latest price drop.
Oklahoma advances toward Bitcoin adoption with the Strategic Bitcoin Reserve Act, allowing up to 10% of public funds to be invested in Bitcoin or similar digital assets, pending legislative approval. The post Oklahoma Moves Closer to Bitcoin Adoption with Strategic Reserve Bill Approval appeared first on Cryptonews.
Bitcoin has fallen below $90,000 due to economic concerns and market fears, but analysts point to oversold conditions and institutional adoption as reasons to remain optimistic about its long-term prospects.
Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM operator has announced the acquisition of an additional 11.1 BTC as part of its ongoing treasury strategy, initially revealed in June 2024. This latest purchase follows the company's recent acquisition of 51 bitcoin earlier this month, elevating its total treasury holdings to 82.6 BTC.
Spot Bitcoin ETFs in the U.S., having bled for most days in February, have now recorded their largest daily outflow of $938 million.
Ripple (XRP) is experiencing some bullish catalysts that could see the price explode by more than 300% in March 2025. Such a rally is not uncommon with XRP as it saw similar gains in late 2024.
Following the last two days of heavy downward price action, the market must be wondering if there is more to come. A bounce from $86,000 has stopped the rot for now.
GameStop is considering using its $4.6 billion cash reserves to purchase Bitcoin following a recommendation from Strive Asset Management, potentially transforming the former meme stock into a major corporate Bitcoin holder.
Strategy (formerly MicroStrategy) stock has fallen 16% year-to-date as Bitcoin prices correct, though the company maintains significant unrealized profits on its 499,096 Bitcoin holdings purchased at an average cost of $66,350 per coin.
President Donald Trump's controversial memecoin launch in January could have catalyzed the recent Bitcoin (BTC) and crypto market peak, according to the macro strategist Jim Bianco.
Admittedly, there's cause for concern if you're thinking about buying Bitcoin (BTC 0.80%) right now. Bitcoin has dipped below the psychologically important $100,000 price point, and at one point in January, it even fell below $90,000.
According to an industry expert Peter Chung, these outflows may have been caused by the unwinding of basis trades by institutional investors.
Strive Asset Management has called on GameStop to allocate a significant portion of its $5 billion cash reserves to Bitcoin. In a Feb. 24 letter, Strive CEO Matt Cole outlined how Bitcoin adoption could reshape the gaming retailer's financial strategy and market position.
Bitcoin short-term holders enter panic mode as they cross into aggregate loss thanks to a sub-$90,000 BTC price.
XRP token soared a massive 6% in the past 24 hours after dropping to a low of $2.08 in the past 24 hours.
Fibonacci retracement levels serve as potential areas from which prices resume the primary trend.
XRP (XRP 7.73%) and Ethereum (ETH 4.23%) are two cryptocurrencies that have very different mandates. Where XRP has a narrow focus on processing international transfer payments efficiently, Ethereum's expansive ecosystem makes it the home of the decentralized finance (DeFi) world, as well as a hub for experimentation and investing on the blockchain.
Many on-chain metrics show signs of capitulation and seller exhaustion in bitcoin.
Many altcoins are well in the green on a daily scale now after the violent correction yesterday.
Spot Bitcoin ETFs in the United States have recorded six consecutive days of outflows highlighting a sharp drop in institutional interest. On Tuesday, the net outflows stood at a staggering $937 million, marking the biggest single-day outflows since inception.
The recent Bitcoin (BTC) price struggles have led to people carefully monitoring every event around the market, which could affect its performance. Of these, BlackRock selling news is gaining the most attention, as reports suggest that it has transferred millions of assets to Coinbase Prime.
Bitcoin (BTC) drops below $89K amid Bybit hack, ETF outflows, and market uncertainty. Trump's tariffs on Canada and Mexico add pressure to global markets.