Is Bitcoin's Post-Election Rally Over?

SOS plans a $50 million investment in Bitcoin, capitalizing on its projected price rise, currently around $93,000 per coin.

Bitcoin's journey towards its much-anticipated $100,000 milestone suffered a significant setback as the cryptocurrency tumbled this week, dropping as low as $91,095 on Tuesday and triggering a wave of liquidations.

SOS Ltd. announced a plan to buy up to $50 million worth of Bitcoin on Wednesday morning. Its stock price immediately exploded.

Ripple, the blockchain giant, is backing Bitwise Asset Management's revamped Physical XRP ETP, now trading under the ticker GXRP. The rebranding is part of Bitwise's overhaul of its European product line following its August acquisition of the ETC Group.

In an interview with FOX Business on Tuesday, former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo, a leading contender for the role of White House “crypto czar” in the second Trump administration, expressed his belief that the Securities and Exchange Commission (SEC) will drop its case against Ripple Labs.

SOS Ltd., a company involved in blockchain operations and cryptocurrency, has announced plans to allocate $50 million toward the purchase of bitcoin (BTC). SOS Invests $50 Million in Bitcoin According to the announcement, the initiative aims to bolster the company's blockchain strategy while leveraging the growing prominence of bitcoin as a digital asset.

XRP could crash by 25% in the worst case scenario, particularly due to its overbought conditions that have preceded similar price crashes.

China-based company SOS Limited plans to tap Bitcoin to support its investment portfolio and extract value from the fast-growing cryptocurrency.

The sell-off coincides with Bitcoin's recent price surge near $100,000, sparking questions about motivations. The post Long-Term Bitcoin Holders Sold 728,000 BTC in 30 Days – CryptoQuant appeared first on Cryptonews.

Kamala Harris's rejection of Bitcoin deprives a vital resource to those in need globally, while Trump's ‘Number Go Up” approach, may jeopardize America's core humanitarian values, like the refugee resettlement program, and ignore Bitcoin's potential to aid vulnerable populations globally.

CEO Paolo Ardoino said Tether Investments is already working with some of the sector's largest commodities traders.

Senator Cynthia Lummis claims that Trump is assembling a team to advocate for Bitcoin and blockchain technology. The leadership team plans to integrate Bitcoin, crypto, and blockchain into a U.S.-centric 21st-century economy.

Maya Parbhoe, a presidential candidate in Suriname, proposes to adopt Bitcoin as the country's national currency. The post Suriname Presidential Candidate Promises to Adopt Bitcoin as National Currency appeared first on Cryptonews.

TL;DR Tether will discontinue its euro-pegged stablecoin, EURT, by the end of 2025, in response to regulations in Europe, specifically the MiCA framework. Holders must redeem their EURT before November 27, 2025. Tether is focusing on new projects such as EURQ and USDQ, designed to comply with MiCA, and is promoting its Hadron platform.

Stablecoin issuer Tether announced plans to end support for its Euro-pegged stablecoin, EURt, in a Nov. 27 statement. The company stated it had ceased minting new EURt tokens, with the last issuance request processed in 2022.

Tether is discontinuing its support for the Euro-pegged stablecoin EURT, and will no longer accept new issuance requests.

During today's trading session on the crypto market, the price of the popular cryptocurrency, Cardano (ADA), has regained the important psychological mark of $1. In total, since the beginning of this month, the price of ADA has grown by 193%, and at its peak it tripled in value compared to what we could see in early November.

Analysts are divided on Bitcoin's next move, with Ran Neuner predicting a steep drop and backing his stance with a Speedo bet.

As Bitcoin reaches historic highs and continues to capture global investors' interest, a publicly-listed Chinese firm SOS Ltd has unveiled plans to invest $50 million to purchase Bitcoin.

XRP news today is affecting its price, and listing it among the top trending cryptos. Here is the latest XRP price prediction.

Crypto analyst Trader Tardigrade has drawn the community's attention to the fact that the Bitcoin price is mirroring 2023 movements. The analyst further provided insights into what this means for the flagship crypto.

Here are the key points to know as Bitcoin aims to mark $90K as a local bottom.

Vitalik Buterin donated 30 ETH, worth just over $1 million, to Coin Center on Tuesday night. The donation came hours after a Coinbase-backed suit challenging U.S. sanctions against Tornado Cash won an appeals court victory.

Stablecoin issuer Tether has announced that it will no longer issue its euro-backed EURT token amid regulatory challenges in Europe.

Popular FinTech firm Ripple is set to invest in the exchange-traded product (ETP) offered by Bitwise and offering investors exposure to the native token of the XRP Ledger, XRP, the Bitwise Physical XRP ETF, which recently rebranded from ETC Group Physical XRP.

SOS Ltd. announces a $50M Bitcoin purchase plan as part of its Bitcoin investment strategy to boost market competitiveness and profits. The post Chinese blockchain company SOS plans $50M Bitcoin purchase appeared first on Crypto Briefing.

Cardano (ADA), ranked the ninth largest cryptocurrency by market capitalization, has announced the release of Lace 1.17.5. This serves as a transformation to the Cardano light wallet.

Ripple's recent price action reflects a state of indecision following a rejection at the $1.6 resistance level. The market is currently undergoing a low-volatility consolidation phase, signaling a potential continuation of the corrective stage in the short term.

Bitwise Asset Management has rebranded its European XRP exchange-traded product to the Bitwise Physical XRP ETP (GXRP), with Ripple backing the initiative, enhancing its presence in Europe following the acquisition of ETC Group. The post Bitwise Rebrands XRP ETP with Ripple's Backing and Investment appeared first on Cryptonews.

Tether has asked EUR₮ holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin.

Bitwise's XRP exchange-traded product (ETP) has undergone a rebranding, according to a Friday press release. It has now been renamed to the Bitwise Physical XRP ETP.

Tether, the prominent stablecoin issuer, is discontinuing EURT because of the EU's MiCA regulations. Nonetheless, the firm invested in other MiCA-compliant stablecoins and maintains revenue streams from the European market.

Ethereum is up, returning to near $3,500 while bitcoin is still recovering from a Black Friday correction with the ratio gaining recently.

Bitcoin's price is teasing investors, as it is experiencing a pullback before reaching the $100K mark. Yet, as things stand, there's a considerable probability that it will hit the milestone soon.

Dog-themed cryptocurrency Dogecoin (DOGE) is currently at a critical juncture, with the market closely monitoring its price action as it approaches a significant resistance level.

The XRP price has jumped higher today following an announcement that fintech firm Ripple plans to invest an unspecified amount in a newly rebranded Bitwise Physical XRP ETP (previously called the ETF Group Physical XRP).

BTC price upside makes a confident return as chart analysis sees fresh odds of Bitcoin hitting $100,000 after all.

Dogecoin growth has hit a new milestone as its $57.8 billion market cap has outpaced that of Porsche.

SOS Limited's Board of Directors authorized an investment of $50 million in the company's Bitcoin acquisition. On November 27th, the announcement was published on their website.

XRP has bounced back after a recent pullback to the $1.25-$1.30 range, where it found strong support. The cryptocurrency is currently outperforming other major coins, signaling potential for future growth. XRP is currently up by more than seven percent in the last 24 hours and is trading near the $1.45 levels.

Crypto market sentiment has shifted to altcoins, highlighted by a 13% jump in the ETH/BTC ratio, analysts said.

A closely followed crypto analyst is identifying a level where Bitcoin (BTC) could regain bullish momentum. Pseudonymous trader Cheds tells his 340,100 followers on the social media platform X that Bitcoin needs to soar about 4.50% from current levels to spark new surges. “BTC recapture of $96,000 would really kick things off.

Cipher Mining Inc., a bitcoin mining company listed on Nasdaq, has announced the acquisition of a 250-acre site in West Texas.

Cardano (ADA) price has surged 195.11% in the last 30 days, reflecting significant bullish momentum. However, key indicators like ADX and EMA lines suggest the current uptrend may be losing strength.

CryptoQuant CEO Ki Young Ju explains that the delay in altseason is due to the dominance of institutional investors and spot Bitcoin ETFs, which typically don't rotate their capital into altcoins.

Bitcoin's (CRYPTO: BTC) long-term holders are cashing in like never before, realizing an unprecedented $2.02 billion in daily profits, according to a Glassnode report published on Tuesday. What Happened: This new all-time high (ATH) surpasses the previous record set in March 2024, showcasing the intensity of profit-taking as Bitcoin edges closer to the $100,000 milestone.

MIAX joins Nasdaq and NYSE in listing options on Bitcoin ETFs. Cboe will start in December.