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.
This is a segment from the Empire newsletter. To read full editions, subscribe.
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 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.
Bitcoin's journey from idea to reality (and near six figures) has been amazing, and Hemi co-founder Jeff Garzik says the network is ready for its next growth stage.
The announcement arrives as the "U.S. regulatory environment for crypto [is] finally becoming more clear," said Ripple CEO Brad Garlinghouse.
Story Highlights The Ripple price stabilizes above the $1.4 mark, indicating strong support. The technical indicators record increased volatility and eyes to retest higher price targets. A potential reversal could push the price toward the $2 mark this year. The XRP token has maintained its value above the psychological barrier of $1.4 this week.
In a political context where every dollar can influence the fate of a nation, Ripple, a giant in the blockchain field, has made a bold decision.
With crypto continuing to climb higher, three cryptocurrencies from the past are making a lot of the running. Can Ripple ($XRP), Cardano ($ADA), and Stellar ($XLM) continue their wild rides?
Jim Cramer, the outspoken host of CNBC's Mad Money, has publicly voiced his frustration over the backlash he receives for his market predictions. What Happened: Speaking candidly during a segment on Monday, Cramer acknowledged the intense scrutiny and personal attacks he faces, suggesting the weight of the criticism is taking a toll.
A pro-XRP lawyer lambasted SEC Chair Gary Gensler for not being fair with all cryptocurrency platforms, accusing Gensler of favoring some entities. The Securities and Exchange Commission official was scrutinized as his critics discovered that he had private meetings with the founder of an offshore crypto exchange.
Bitwise Asset Management has announced the rebranding of its European XRP ETP (exchange-traded product). This is part of its broader strategy to strengthen its foothold in the crypto investment space.
A closely followed crypto analyst says that one Solana (SOL) rival is exhibiting market strength despite Bitcoin's (BTC) pullback to the lower $90,000 range. Pseudonymous analyst Pentoshi tells his 822,400 followers on the social media platform X that the native token of the layer-1 blockchain Sei (SEI) is primed for another leg up.
TL;DR Charles Hoskinson predicts Bitcoin could surge to $250,000–$500,000 within the next 12 to 24 months, driven by institutional investment and DeFi opportunities. Hoskinson views Bitcoin as a strategic reserve asset for governments and institutions, similar to gold, aligning with recent developments like Trump's pledge to create a Bitcoin strategic reserve.
Bitcoin is showcasing a classic slice of volatility having emerged from its latest banana zone. The world's largest cryptocurrency was slapped 5% lower this money and another 1.2% yesterday before recovering those Tuesday losses this morning.
Bitwise proposed a mix-crypto Bitcoin and Ethereum ETP, weighted by market capitalization. Bitwise CIO Matt Hougan believes the ETP will be a huge hit with investors, offering a balanced exposure to two largest cryptocurrencies.
Bitcoin's (CRYPTO: BTC) dip to $93,000 can be attributed to pressure from a combination of macroeconomic shifts, technical signals and on-chain trends, according to the latest note by 10x Research. Despite this, the long-term outlook for 2025 appears optimistic, aligning with Bitcoin's historical cycles and broader economic trends, the analysts report.
The sell-off marks a sharp turn as whales reverse their October spree of buying hundreds of thousands of Bitcoin.
Bitcoin (BTC) has fallen short of the highly anticipated $100,000 milestone, a psychological barrier closely monitored by market participants.
After setting up an all-time high (ATH) at $99,690 on November 22, BTC crashed 8.88% in total and created a local bottom at $90,835. Will Bitcoin recover and visit $100,000 or continue its descent to $77,000?
Fairshake, which raised over $200 million in 2024 to become the most influential PAC of that election, is now setting its sights on 2026.
Analysts are eyeing a 20–30% Bitcoin correction before the world's first cryptocurrency breaches the $100,000 mark.
Bitcoin is on sale this Black Friday when billions are expected to be spent on all sorts of goods and luxuries as workers across the world receive their last paycheck before Christmas.
Bitwise said that it's planning to rebrand its entire European ETP portfolio as it expands its operations in Europe.
With Bitcoin's future growth driven by institutional investments and ETFs, the CryptoQuant head advises altcoins to create unique approaches to draw fresh capital.
Short-term holders have sent almost $8 billion worth of bitcoin to exchanges at a loss over the past two days. The volatility in recent bitcoin price action has seen wild record swings in profit-taking to panic selling.
SUI Network's rise is powered by DeFi integrations, strategic cross-chain partnerships, and strong token demand.
On-chain data shows the Bitcoin investors who purchased at the top are capitulating following BTC's drawdown under the $93,000 level. Bitcoin Short-Term Holders Have Just Sold Big At A Loss As an analyst in a CryptoQuant Quicktake post explained, the latest BTC crash has triggered panic among the short-term holders.
The Bitcoin price suffered a 9% reversal, equivalent to around $9,000, after it came within touching distance of the $100,000 price level. It now appears this reversal could be over, and Bitcoin bulls look to be taking charge again.