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'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.

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.

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.

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.

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.

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.

TL;DR Ripple has announced an investment in the rebranding of Bitwise Physical XRP ETP, which has boosted the price of XRP by 5.8%, reaching $1.45. The rise in XRP's value reflects the growing interest of institutional investors in exchange-traded products (ETPs) related to cryptocurrencies.

XRP price mirrors its 2017 rally as bullish patterns and rising institutional interest suggest a breakout toward $2 and beyond.

Blockchain firm Ripple is among the four founding members of the newly incorporated XRP Ledger (XRPL) Foundation. Established on Nov. 26 in France, the organization aims to unify and govern the broader XRPL ecosystem.

Currently, Bitcoin, along with major cryptocurrencies, is undergoing a significant price correction following notable upside momentum in recent days. Amid this development, OKG Research has made a bold prediction for Bitcoin (BTC), providing full validation for their analysis. Bitcoin to Attract $2.

Bitcoin price bounced back on Wednesday, ending a two-day retreat that pushed it near the $90,000 level. Bitcoin's (BTC) rebound happened after a major court victory by Tornado Cash, a crypto mixer.

Bitcoins climb to the elusive $100,000 mark may face a steep 30% correction, analysts caution. As market dynamics shift with slowing ETF inflows, experts remain optimistic about the long-term bullish outlook.

The prices of most of the coins are rising, according to CoinStats.

Michael Saylor, renowned Bitcoin supporter, founder and executive chairman of MicroStrategy business software firm, has taken to his X account to publish a new tweet about the recent Bitcoin yields earned by his company thanks to buying and holding BTC long-term.

The bitcoin bull market is not over, Galaxy Research said. Galaxy said the world's largest cryptocurrency is expected to retest the $100K level in the near term.

From its peak of $99,531 on November 23rd, Bitcoin, the world's leading digital asset, is now trading at the $92k to $93k level, prompting many to speculate that its historic price run has ended. However, for CryptoQuant CEO Ki Young Ju, the alpha coin's current price action isn't a cause for concern.

Ripple's XRP is under close scrutiny as it trades below $1.40, down over 5% in the last 24 hours. The cryptocurrency, which briefly rallied to $1.51 following news of SEC Chair Gary Gensler's resignation, has since reversed course.

Publicly-listed Chinese firm SOS has unveiled its plans to strength its global crypto investment strategy with a $50 million allocation into Bitcoin (BTC). The company looks to bolster its involvement in the blockchain, crypto and commodities trading with the investment.

Samson Mow, JAN3 boss and a vocal Bitcoin advocate, has doubled down on his earlier forecast of Bitcoin reaching the $1 million price level in the near future. This time, he quoted a famous movie on the topic of financial markets, which describes the event that largely triggered the creation of Bitcoin — “The Big Short.

Ripple backs Bitwise's rebranded XRP ETP, now called Bitwise Physical XRP ETP, to strengthen its presence in the European market.

XRP is currently consolidating after a sharp 20% retrace from its recent local high of $1.63, set last Saturday. Despite the pullback, XRP remains a strong contender in the market as it holds firm above critical demand levels, showcasing resilience amid broader market volatility.

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XRP has recorded a massive uptick in the ongoing bullish run on the broader cryptocurrency market. Positive market sentiment has resurfaced, pushing XRP to breach three resistance levels of $1.20, $1.30 and $1.40.

Analysts on Monday drew parallels between Bitcoin's (CRYPTO: BTC) recent performance and its infamous "Thanksgiving Day Massacre" in 2020, when prices dropped sharply before rebounding to new highs. What Happened: Coinbureau co-founder Nic Puckrin on X highlighted that Bitcoin has fallen from just below $100,000 to $91,500 this week, a less severe 8% decline compared to the 17% drop in 2020 from Nov 25 to Nov 27.

CryptoQuant CEO Ki Young Ju has raised concerns about South Korea's readiness to approve spot Bitcoin exchange-traded funds (ETFs). In a Nov.

Trezor reported record breaking sales due to a surge in self-custody interest that is fueled by Bitcoin's approach to $100K.

Pantera Capital's Bitcoin Fund has seen a staggering 1,000x growth since its launch in 2013, with the value of Bitcoin surpassing $90,000.

Long-term Bitcoin holders have offloaded over 728,000 BTC in the past 30 days, marking the largest sell-off since April.

Charles Hoskinson, the founder of Cardano and a co-founder of Ethereum, has forecasted that Bitcoin could reach a price between $250,000 and $500,000 within the next 12 to 24 months.

Bitcoin price rallied over 58% since May, when the M2 money supply turned positive year-over-year for the first time since November 2023.

Ripple will invest $5 million in tokens from Abrdn's Lux fund. This is part of a larger investment strategy by Ripple to support the tokenization of real-world assets on the XRP Ledger. The post Archax, Ripple Launch First Tokenized Money Market Fund on XRP Ledger appeared first on Cryptonews.

Ripple Labs has significantly improved the XRPL (XRP) ecosystem over the years, despite the legal hurdles in the United States. The blockchain payment company holds the largest share of XRP, through the escrow account, whereby the firm receives 1 billion units at the beginning of each month.

Ripple's investment in Bitwise's XRP ETP could boost crypto ETP demand, highlighting XRP's growing role in institutional finance. The post Ripple backs Bitwise Physical XRP ETP following its rebranding appeared first on Crypto Briefing.

Bitcoin regains some ground following Tuesday's slide. Ether teases a return to $3,500.

The cryptocurrency market today reflects mixed sentiments, with the global market cap dropping 1.96% to $3.2 trillion over the past 24 hours. Trading volume also fell by 6.16%, now standing at $224.95 billion. Despite the dip, market sentiment remains highly optimistic, as the Fear & Greed Index reached 81, signaling extreme greed.

In a latest development today, Bitwise Asset Management has announced that it has renamed its European XRP exchange-traded product as part of a broader rebranding of its European product suite.

The Bitcoin market continues to see significant support near the $90,000 level during the early hours of Wednesday. Ultimately, this is a market that looks as if traders are trying to work off some of the excess froth that we have seen recently.

Bitcoin has stabilized above $93,000 while ethereum gains momentum and Wall Street rallies on positive policy signals, according to QCP Capital's latest market update. Bitcoin Stabilizes, Ethereum Soars: QCP Tracks Market's Mixed Signals QCP Capital reports that bitcoin (BTC) has found stability above $93,000 as the holiday season approaches.

Remixpoint will complete the Bitcoin acquisition by the end of the year.

The improved US environment continues to drive BTC prices to new heights. This, in turn, boosts global demand for self-custody.

Ripple's $25M pledge to Fairshake PAC boosts its efforts to influence crypto policy amid legal challenges with the SEC.