Ripple's XRP is enjoying a bullish phase, currently trading between $1.06 and $1.15, reflecting a rise of over 3% in the past 24 hours. Speculation around potential leadership changes at the U.S. Securities and Exchange Commission (SEC) is adding fuel to this momentum.
Ethereums price movement hinges on five pivotal indicators, including whale netflows and transaction growth, according to IntoTheBlock. Mixed signals emerge as ETH trades at $3,323, with long-term investors continuing to hold amid rising Layer-2 adoption.
As Bitcoin (BTC) price rallied above $99k in the last 24 hours, the altcoin market, led by Ripple Labs-backed XRP, registered significant volatility. For the first time since early 2021, XRP price pumped above $1.4, following a 27 percent upsurge in the last 24 hours.
After the split, the ETFs saw mixed performance in the market.
Gary Gensler is officially stepping down as SEC Chair, and this has sent shockwaves through the crypto world, especially for XRP holders. His resignation, effective January 20, 2025, comes after years of tension between the SEC and Ripple over the XRP lawsuit.
Ether has recorded a few gains in the past weeks, but the coin's retail investors are not taking profits because they consider the asset undervalued.
XRP price rallied above the $1.15 and $1.20 resistance levels. The price is up over 25% and might rise further above the $1.420 resistance.
ETF issuer WisdomTree's European division just announced a new ETP based on XRP. This product is currently available in four EU countries, which has led XRP's price to jump slightly.
Ripple's native currency XRP surged 25% as SEC Chair Gary Gensler announced his resignation, set for Jan. 20. The post XRP Soars 25% in Wake of Gary Gensler's SEC Resignation appeared first on Cryptonews.
The crypto prices today have primarily continued on an upward trajectory, showcasing strong market momentum. Bitcoin (BTC) has reached a significant milestone, touching $99,000 for the first time.
An incoming crypto-friendly regulatory environment for U.S. based companies has renewed optimism for certain tokens, especially XRP.
The surge comes amid Gary Gensler's announcement of his departure from the SEC and the prolonged market rally.
XRP's price has skyrocketed over 24% in the last 24 hours, thanks to SEC Chair Gary Gensler's not-so-surprising resignation. Gensler announced he would step down on January 20, the same day Trump is set to take office, sparking excitement among XRP fans. After years of battling the SEC, this news has given Ripple a boost.
South Korean authorities have officially identified North Korean hackers as the perpetrators of a major Ethereum heist in 2019, marking a significant breakthrough in the investigation. The stolen cryptocurrency, valued at 58 billion won (approximately $55.7 million) at the time, was traced to North Korea's Reconnaissance General Bureau, a military intelligence agency.
Ethereum price started a fresh increase above the $3,220 zone. ETH is rising and aiming for more gains above the $3,350 resistance.
Ethereum (ETH) has been experiencing a remarkable surge in its decentralized application (dApp) ecosystem, with transaction volumes hitting new heights. Over the past month, Ethereum's dApp activity has grown by 38%, signaling a significant increase in engagement across key sectors like decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain gaming.
Crypto whale transferred nearly 111 million XRP tokens worth $123.59 million from Binance.
XRP and BTC shine as Gensler resigns; Ripple case appeal and ETF inflows drive market excitement.
XRP advances with a new institutional-grade exchange-traded product, offering secure, physically backed exposure as Wisdomtree expands crypto products amid growing investor interest.
The crypto's ‘enemy number one' will leave the role as the US Securities and Exchange Commission Chairman when Donald Trump officially takes office on January 20.
XRP is gaining prominence in the cryptocurrency market, propelled by a substantial purchasing surge from major investors referred to as whales. Related Reading: Upbit Listing Sends BONK Skyrocketing 67% For A Fresh ATH In Memecoin Mania Within a single week, these whales have amassed over $526 million in XRP, representing the most significant accumulation in nearly three years.
Believers in Ethereum (ETH) could be on the verge of an opportunity, according to Ki Young Ju, the founder and chief executive of the digital asset analytics firm CryptoQuant. Young Ju tells his 370,400 followers on the social media platform X that the ETH/Bitcoin (BTC) Net Unrealized Profit/Loss level just hit a four-year low.
XRP has finally broken free, reclaiming the crucial $1 price level. The cryptocurrency even hit $1.10, ignite hope among investors that brighter days might lie ahead.
The bond was tokenized on the Ethereum blockchain, denominated in the USDC stablecoin and will see its entire lifecycle onchain.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is currently experiencing a phase of neutrality in its market activity. According to a CryptoQuant analyst known as Darkfost, Ethereum's netflow on Binance has reached a balanced state, with deposits and withdrawals stabilizing.
Throughout 2024, Ethereum's onchain trading volume mirrored that of the wider crypto market.
Cryptocurrency markets are trading higher, with Bitcoin approaching $100,000, Solana ETF talks picking up steam and XRP gaining on Gary Gensler announcing his resignation on Donald Trump‘s inauguration day. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,986 +3.1% Ethereum (CRYPTO: ETH) $3,348 +8.7% Solana (CRYPTO: SOL) $253.64 +7.1% Dogecoin (CRYPTO: DOGE) $0.3841 +1.9% Shiba Inu (CRYPTO: SHIB) $0.00002454 +2.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 8.5% and daily active addresses up by 0.4%.
The ETH/BTC drop presents a good entry point for investors.
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, announced Thursday that he will bid goodbye to the agency and give up on his efforts to reign in the digital assets industry until his term ends in 2026.
Ethereum (ETH), the largest altcoin, has performed poorly compared to Bitcoin (BTC). For instance, while ETH has gained around 16% in the last 30 days, BTC's price has jumped by 31%.
Ripple's XRP is up by more than eight percent at the time of writing and is trading close to the $1.20 levels. Alongside this, Bitcoin's price action is surging, getting dangerously close to the $100,000 mark. This comes after the U.S.
Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on one top-50 altcoin by market cap while offering his insight on Bitcoin (BTC) and Ethereum (ETH).
The price action of BNB confirmed the floor with a double bottom on the weekly timeframe.
Samson Mow, a well-known Bitcoin maximalist and CEO of JAN3, has issued a bold warning to Ethereum (ETH) holders, urging them to sell their altcoins and buy Bitcoin before it's too late. In a recent tweet, Mow advised investors to make the switch, claiming that Ethereum's underperformance compared to Bitcoin is a sign that similar fates await other cryptocurrencies.
XRP (CRYPTO: XRP) is up 8% over the past 24 hours, gaining momentum as news of SEC Chairman Gary Gensler stepping down sends bullish signals across the market. What Happened: Gensler announced his resignation effective January 20, 2025, which has been interpreted as a positive development for Ripple.
The cryptocurrency industry is already busy celebrating the upcoming departure of U.S. Securities and Exchange Commission Gary Gensler.
Far from making zero-knowledge rollups obsolete, the Beam Chain would make them work better, says Polygon. zkSync builder Matter Labs is also bullish.
XRP surges 11% after SEC Chair Gary Gensler announces resignation. Bull pennant breakout signals a potential 30% rally, fueled by optimism for regulatory change.
XRP price surged 12% in the past 24 hours, reaching $1.21, with a 7-day performance of 58%. The rally follows breaking news of SEC Chair Gary Gensler's resignation announcement.
Stuart Alderoty, Ripple's Chief Legal Officer, has outlined critical recommendations for the future leadership of the U.S. Securities and Exchange Commission (SEC). As the debates continue about a possible change of leadership, Alderoty has stressed that urgent actions are required for digital currencies to coexist with existing laws.
Ethereum price is setting the stage for a potential rally toward $4,000 after solidifying support around the $3,000 level. The cryptocurrency has seen increased buying activity in this range, alongside a bullish breakout and imminent technical indicators, suggesting further upward momentum.
Ripple's price increased by 5% following the news that Gary Gensler will step down on January 20th.
The Ethereum price has been consolidating for about a week since it hit a four-month high at $3,420. As the second largest cryptocurrency, Ethereum has the biggest price correlation with Bitcoin.
Charles Hoskinson, founder of Cardano, has hinted at potential collaborations with Ripple, particularly focusing on decentralized finance (DeFi), stablecoins, and the integration of Midnight, a privacy-focused sidechain developed by IOHK (Input Output Global).
Vitalik Buterin, Ethereum's co-founder, recently made a significant statement regarding the future dynamics of Ethereum's Layer 1 (L1) and Layer 2 (L2) solutions. His remarks shed light on Ethereum's evolving infrastructure, highlighting the importance of creating a solid, resilient foundation while ensuring adaptability in the system.
Data shows the Ethereum derivatives-related metrics have shot up recently, a sign that the price is at risk of going through a volatile storm. Ethereum Open Interest & Leverage Ratio Have Both Spiked Recently In a CryptoQuant Quicktake post, an analyst has discussed about the trend in the derivatives indicators of Ethereum.
Amid Ethereum's struggling price performance, accumulation trends suggest potential for significant market movement.
Ripple (XRP) price has experienced a significant rally, rising 51.33% in the last seven days and an impressive 109.09% over the past month. This strong momentum has propelled XRP into a bullish phase, with key indicators like EMA lines supporting its upward trajectory.