Jiva Technologies CEO Lorne Rapkin said the move to add Bitcoin to the treasury is “a unique opportunity to strengthen our treasury with a resilient and innovative investment.”
Bitcoin briefly dipped below $93,000 on Monday, posting the longest losing streak since the beginning of the current rally as long term holders cash out profits. The post Bitcoin Dips as Long Term Holders Lock in Profits After $100K Rally Stalls appeared first on Cryptonews.
Peter Schiff ignites outrage by claiming that the U.S. becoming a bitcoin superpower would weaken the nation, clashing with crypto advocates championing it as an economic game-changer.
WisdomTree has filed for an XRP ETF, a key move in the evolving US cryptocurrency regulations.
XLM outperformed Bitcoin in November but indicator signals caution.
Bitcoin (BTC) price action continues to come under focus as analysts consider its correlation with the global M2 money supply.
The recent outflows from Bitcoin ETFs highlight market volatility and investor caution, potentially impacting future crypto investment strategies. The post Bitcoin ETFs end five-day inflow streak as Bitcoin dips below $93K appeared first on Crypto Briefing.
A staggering $489.46 million was wiped out in liquidations, marking a significant period of volatility for traders. The crypto market was rocked by fluctuations in Bitcoin's price, as well as notable movements in several altcoins, driving both long and short positions to liquidation.
Bitcoin recently came close to breaking the $100,000 price mark last week, reaching a high of $99,645 before encountering resistance. According to CryptoQuant analyst Percival, the psychological barrier of round numbers like $100,000 often serves as a point where traders exit positions for “relative safety.
Cryptocurrencies experienced mixed trends today, with Bitcoin (BTC) falling below $94K amid cautious market sentiment. Meanwhile, Lido DAO (LDO) and Arbitrum (ARB) emerged as the day's top performers, gaining more than 6% each. The global crypto market cap fell 2% to $3.27 trillion, while trading volume surged by 22%, hitting $241 billion.
A bitcoin-led crypto market correction continued into its third day as the asset lost a further 3.5% in the past 24 hours. However, bitcoin tends to bounce back when short-term holders sell at a loss.
Crypto market analysts remain confident that Bitcoin will hit six figures before the end of the year despite the recent 7% correction.
Crypto market analysts remain confident that Bitcoin will hit six figures before the end of the year despite the recent 7% correction.
The UK government is urged to create a bitcoin reserve as Trump's pro-crypto policies drive global competition in the race for digital economic dominance.
President Nayib Bukele proposed a rent your volcano to mine Bitcoin initiative recently. El Salvador has extensively used its natural resources, particularly its 170 volcanoes.
Eleanor Terrett, a business journalist for Fox News, was the first to air the development. The tight bands around crypto ETFs have relaxed, after Donald Trump's US presidential win.
When it comes to public companies, MicroStrategy still has the greatest Bitcoin ownership. The company's total Bitcoin holdings reached 386,700 after the latest purchase.
South Korea's Financial Services Commission (FSC) has decided against creating a national Bitcoin reserve, opting to wait before fully embracing the cryptocurrency. While Bitcoin's rise continues to capture global attention, South Korea is taking a more conservative approach, prioritizing stability and investor protection over swift innovation.
XRP price is consolidating gains near the $1.450 zone. The price must clear the $1.50 resistance zone to start a fresh increase in the near term.
Bitcoin sent shockwaves to the market as it fell under $95,000 when it was above $98,000 just yesterday. It peaked at almost $99,500, but now it's dropped back to around $94,427.
Ripple's XRP is currently trading in green and is up by more than three percent at the time of writing. The price is currently testing levels below $1.50 and is experiencing a slight correction today, but nothing major.
Does this mean something bigger is brewing in the crypto world?
Following the recent bullish rally, cryptocurrency prices today are facing selling pressure, with market sentiment shifting towards cautiousness. Bitcoin (BTC) has dropped to the $93K level today.
Renowned economist Peter Schiff came hard at the U.S. government's endorsement of Bitcoin (CRYPTO: BTC), predicting potential economic consequences. What Happened: On Monday, Schiff took to X to express his concerns over the incoming Donald Trump administration's bet on the world's leading cryptocurrency.
Asset managers have weighed in on Trump's proposed U.S. bitcoin reserve, reflecting divisions over digital assets in national economic strategy. Asset Managers Divided Over Bitcoin Reserve in Nation's Bold Strategy Discussions about establishing a U.S. strategic bitcoin reserve have intensified following President Donald Trump's re-election.
Bitcoin price is correcting gains below the $96,500 resistance. BTC is now trading below $95,000 and might face hurdles near the $95,750 resistance.
Global asset manager Wisdomtree has filed for an XRP ETF in Delaware, marking a potential breakthrough amid regulatory shifts. Regulatory Shifts Loom as XRP ETF Eyes Breakthrough Moment Global investment management firm Wisdomtree, renowned for its extensive range of exchange-traded funds (ETFs), has filed with the state of Delaware to establish an XRP ETF.
Growing XRP-spot ETF applications highlight investor optimism despite SEC silence on plans to appeal rulings in the Ripple case.
Bitcoin (BTCUSD) is consolidating in a narrow range after hitting a fresh all-time high of $98,370, driven by positive sentiment, and is currently trading around $98,010. Standard Chartereds Price Prediction Analysts at Standard Chartered predict that Bitcoin could reach $125,000 by the end of 2024 and $20000 by end of 2025, fueled by strong market momentum and bullish sentiment.
Bitcoin has long been the leading force in the cryptocurrency market, but recent trends are showing signs that its dominance may be waning. According to renowned cryptocurrency analyst TechDev, this shift presents a major opportunity for altcoins to gain strength and potentially lead the market.
Popular video-sharing platform Rumble Inc. (NASDAQ:RUM) became the latest Wall Street player to embrace the Bitcoin (CRYPTO: BTC) treasury strategy amid the apex cryptocurrency's record-breaking run. What Happened: According to an announcement made Monday, Rumble's board approved a new strategy to allocate a portion of the company's surplus cash reserves to Bitcoin.
Michael Saylor advocates for a strategic bitcoin reserve, highlighting its potential transformative impact through historic U.S. investments, such as Manhattan and California acquisitions.
US Bitcoin mining operations are facing significant delays after the Customs and Border Protection (CBP) agency held shipments of Bitmain Antminer devices at multiple ports of entry, Blockspace reported on Nov. 25. The detained equipment includes Bitmain's S21 and T21 application-specific integrated circuits (ASICs), which are essential for Bitcoin mining.
Will Bitcoin ETFs outpace Satoshi's stash before 2025?
A crypto strategist is warning that two large-cap altcoins may witness deep corrective moves after massive rallies this month. Crypto trader Credible tells his 473,800 followers on the social media platform X that payments-focused altcoin XRP looks primed for a pullback after completing a five-wave rally on the four-hour chart.
If Senator Ted Cruz of Texas gets his way, he wants the state to be the “oasis of Bitcoin.” For Cruz, the primary hurdle to full Bitcoin adoption is the federal government itself, particularly its left-leaning policies.
Ripple's native token, XRP, has been one of the most talked-about cryptocurrencies recently due to its impressive price rally. However, the momentum may be facing some challenges, as a significant whale transaction on November 24, 2024, raises questions about the future of the asset's price.
Bitcoin took a tumble today, hitting an intraday low of $92,584 per coin—a noticeable drop from its earlier perch at $98,000. Bitcoin Slips 4.6% to $92.5K as $118M in Long Positions Gets Wiped Out By 7:36 p.m. EDT, bitcoin (BTC) was down 4.6% against the U.S. dollar.
The crypto market witnessed a significant milestone last week as investment products recorded roughly $3.13 billion in net inflows globally, primarily driven by US spot Bitcoin exchange-traded funds (ETFs), according to data from CoinShares. This surge highlights growing institutional interest and confidence in the crypto market, with Bitcoin leading the charge.
Traders have witnessed a massive half-billion dollar amount of crypto liquidations in a day after Bitcoin dropped to its lowest price in the past week. According to Coinglass's data on Nov.
Defying skeptics, Bitcoin (BTC) has nearly reached the once-unimaginable $100,000 milestone after trading at $0.0009 in 2009.
Ripple advances tokenized finance with the first money market fund on XRP Ledger, redefining efficiency in real-world asset tokenization and institutional Defi.
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Ripple CEO Brad Garlinghouse has become a key figure in discussions around the rumored “Crypto Czar” position in Donald Trump's White House. Speculation about Garlinghouse's potential role in shaping U.S. crypto policy gained momentum following comments from former Ripple executive Sean McBride.
Rumble, a video-sharing platform and cloud services provider, has announced its decision to allocate up to $20 million of its corporate treasury to Bitcoin. The move, approved by its Board of Directors, underscores the company's commitment to diversifying its cash reserves and expanding its presence in the cryptocurrency sector.
Investor optimism was sparked by Shiba Inu's recent successful breakout from its consolidation phase. Despite this, there has not been a noticeable acceleration in price movement, suggesting that the rally has stalled.
A strong and decisive move above $1.5 could set XRP to hit the immediate target of $2.
Rumble has become the latest company to confirm plans to add Bitcoin to its balance sheet after its CEO teased the idea on social media on Nov. 20.