Ethereum (ETH) is currently facing significant downward pressure, with its price declining by 3% over the past 24 hours. This bearish trend could push ETH's price below the critical $3,000 price level.
According to data provided by cryptocurrency analytics CoinGlass, $495 million worth of crypto has been liquidated over the past 24 hours.
Ripple's native token XRP has gained massive attention from crypto enthusiasts due to its impressive upside rally over the past few days. On November 24, 2024, a whale transaction tracker, Whale Alert, posted on X (formerly Twitter), signaling every investor and trader that this rally might be nearing its end.
Ethereum (ETH) is showing early signs of recovery as it consolidates near the $3,250 mark, reclaiming critical support levels.
XRP has lost the most value from the larger-cap alts.
Ethereum staking recorded a net inflow of +10k ETH, with 115k ETH deposited and 105k ETH withdrawn.
Cantor Fitzgerald, a prominent US financial services firm, is expanding its alliance with Tether, a key player in the digital asset industry and the issuer of the world's largest stablecoin.
NFT sales totaled $158 million in the past seven days. That is down 12.7% from the previous week of sales that reached $181 million.
XRP's recent surge has been impressive, with the Ripple-promoted crypto finally breaking above $1, a crucial technical and psychological assistance level. XRP, which has been a primary target during U.S. Securities and Exchange Commission Chair Gary Gensler's leadership, spiked as the crypto foe prepares to resign in January.
Howard Lutnick, CEO and majority owner of Cantor Fitzgerald, has been nominated as Commerce Secretary by President-elect Donald Trump. Lutnick's potential appointment signals a possible pro-crypto shift in U.S. policy, given his involvement with blockchain and digital asset initiatives.
Under the spotlight of the Golden Cross, XRP is spinning. Bitcoin, beware: the tide seems to be turning!
Howard Lutnick, CEO of Cantor Fitzgerald, is nominated as Commerce Secretary, which could affect U.S. crypto rules. His firm owns 5% of Tether and handles most of its reserves.
Tether's treasury mints 2 billion USDT tokens on the Ethereum network.
Jed McCaleb, the co-founder of Ripple Labs and the creator of Stellar, recently shared his insights on why he believes XLM is one of the most underrated cryptocurrencies. McCaleb highlighted that Stellar already processes more daily transactions than most other blockchains, handling 10 times the volume of Ethereum.
Financial services giant Cantor Fitzgerald has reportedly acquired a 5% stake in Tether, the world's largest stablecoin issuer, in a deal valued at up to $600 million. The post Cantor Fitzgerald Acquires 5% Stake in Stablecoin Issuer Tether, Valued up to $600M appeared first on Cryptonews.
Is XRP the next big thing in cryptocurrencies? Find out how it stacks up against market leaders Bitcoin and Ethereum.
Investor interest in the spot Ethereum ETFs (exchange-traded funds) appeared to have waned after failing to register a net inflow day for six consecutive days. However, the cryptocurrency products ended the week on a high with a substantial capital influx on Friday, November 22.
Cantor Fitzgerald CEO Howard Lutnick, President-elect Trump's Commerce Secretary nominee, wants to launch a $2 billion project to lend dollars to clients against Bitcoin.
Bitcoin (BTC) and Ethereum (ETH), the leading cryptocurrencies, are once again capturing attention with their remarkable price movements. Analysts believe Bitcoin has entered a new parabolic phase that could stretch across 300 days, while Ethereum has broken out of a bullish pattern, setting its sights on significant price gains.
Lido is one of the most important liquid staking protocols within the Ethereum ecosystem. Its model allows users to earn rewards from staking Ethereum (ETH) without losing liquidity, through the use of liquid tokens such as stETH and wstETH.
Ripple's XRP hit a year-to-date high of $1.63 on November 23. However, fading bullish momentum has made future traders doubtful about the rally's sustainability.
Howard Lutnick's Cantor Fitzgerald reportedly seeks to strengthen its financial ties with USDT issuer Tether.
Ethereum's recent surge has caught the attention of the cryptocurrency market, with a notable bullish engulfing candle signaling a potential breakout. This surge follows a brief consolidation period and has rekindled optimism that Ethereum may be on the brink of a major rally.
Ethereum is targeting the psychological $4,000 price mark, with its current price at $3,400 after an 8% gain last week. Learn how to trade Ethereum effectively.
Riding both Bitcoin and Donald Trump's coattails, several Ethereum competitors are shining bright in November. Is Ether still a good investment in cryptocurrency?
With strong bullish momentum, XRP recently broke through the $1.5 resistance and even briefly touched $1.6. The excitement though was short-lived as sellers took back control and drove the price back below $1.15.
XRP has achieved a major technical pattern in its Bitcoin (BTC) pairing, forming a golden cross. This technical pattern, often seen as a bullish signal, occurs when a short-term moving average crosses above a long-term moving average.
November has already surpassed October's total volume, continuing strong market momentum for NFTs.
U.S. President-elect Donald Trump's pick for Commerce Secretary, Howard Lutnick is in talks to deepen his financial ties with the company operating the world's largest stablecoin, Tether, by launching a $2 billion project to lend dollars to clients against bitcoin, Bloomberg News reported on Sunday.
According to a Wall Street Journal (WSJ) investigation, Howard Lutnick, Trump's nominee for Commerce Secretary and current presidential transition adviser, maintains significant business connections with cryptocurrency giant Tether through his firm Cantor Fitzgerald.
After weeks of intense speculation, incoming US President Donald Trump has named Scott Bessent his Treasury Secretary pick. The drawn-out selection process has attracted many popular names, including Howard Lutnick of Cantor Fitzgerald, former Federal Reserve governor Kevin Warsh, and billionaire Marc Rowan.
Story Highlights Bitcoin price struggles to achieve the $100k mark and records a high of $99,655. Ethereum price hits a new 4-month high and retests the $3.5k mark. XRP price surpasses the $1.5 mark and reclaims its $30-month high.
Stuart Alderoty, Ripple's chief legal officer, recently highlighted the company's contributions to the cryptocurrency industry's "victory" against the U.S. Securities and Exchange Commission (SEC).
A post-election rally positions ETH for a breakout, but consolidation is likely unless HODLers absorb selling pressure.
XRP, the cryptocurrency linked to the Ripple network, is currently experiencing a surge in market momentum, largely driven by increased activity from large investors, known as whales. Over the past week, these whales have accumulated over $526 million worth of XRP, marking the largest purchasing spree in nearly three years.
Ripple's recent price action underscores significant bullish momentum as buyers continue to dominate the market. Despite a potential brief consolidation phase, XRP is steadily approaching another coveted milestone of $2, with the prospect of achieving tapping that target by the year's end growing.
The acquisition could strengthen Tether's market position, potentially impacting global stablecoin dynamics and U.S. economic policy influence. The post Cantor Fitzgerald, led by Trump's Commerce secretary nominee, struck deal to acquire 5% stake in Tether appeared first on Crypto Briefing.
XRP, the popular cryptocurrency associated with Ripple, is on an impressive upward trajectory, and renowned pro-crypto attorney John Deaton believes that it is on track to reach a massive $100 billion market cap.
XRP continues to shine as bullish momentum propels the price closer to the $1.7 target. This steady climb highlights the strength of buyer confidence and reinforces the optimism surrounding its upward trajectory.
The crypto universe has concluded yet another week, primarily with riveting developments unfolding across the broader sector. Bitcoin (BTC) continues to pump, hitting a new ATH this week.
The Ethereum price has formed a key technical pattern reminiscent of the one observed in 2017 when the cryptocurrency embarked on a major bull rally. According to a crypto analyst, this pattern, known as the ‘Bullish Megaphone‘, could signal a possible price rise to $10,000 for ETH.
President-elect Donald Trump recently nominated Cantor CEO Howard Lutnick for Commerce Secretary.
XRP surges to $1.62, its highest since May 2021, amid SEC shake-up and pro-crypto policy speculation.
ADA has currently slipped into the red zone, but it is holding strong above the $1 level. Up by more than 50 percent in the last seven days, ADA is eyeing the important $2 level. Similarly, Ripple's XRP has also recorded impressive gains and is trading at $1.46 levels.
Cantor Fitzgerald will acquire a 5% ownership stake in Tether, strengthening its role as a key banking partner managing a significant portion of Tether's U.S. Treasury portfolio.
The report comes four days after Cantor Fitzgerald's CEO Howard Lutnick was appointed as President-Elect Donald Trump's Secretary of Commerce.
Ripple's legal chief has unveiled bold strategies for incoming SEC leadership amidst crypto shifts, spotlighting Ripple's battle-tested blueprint involving XRP. Bold Steps Needed: Ripple Legal Chief's Vision for SEC's Crypto Reset Ripple's chief legal officer, Stuart Alderoty, shared his recommendations on social media platform X Thursday for the incoming U.S.
The crypto market has been abuzz with activity regarding XRP, and there is a consensus among investors that its anticipated return to all-time high (ATH) territory may occur sooner than anticipated. Related Reading: Upbit Listing Sends BONK Skyrocketing 67% For A Fresh ATH In Memecoin Mania XRP's price has reached $1.43, marking a monumental 25% increase in the past day alone, bringing its weekly gains to a solid 50%.