Average Bitcoin and USDT deposits across crypto exchanges escalated over the year, indicating a rise in institutional demand for digital assets.

Analysts attribute XRP's rise to the third-largest cryptocurrency by market cap to optimism around regulatory changes and Ripple's ecosystem expansion. What Happened: Speaking with Benzinga, industry experts highlight how Ripple's (CRYPTO: XRP) business growth, including the launch of its RLUSD stablecoin, and potential shifts in SEC leadership are driving demand for XRP.

The trading volume for the XRP/KRW pair on South Korea's Upbit exchange surpassed $7 billion earlier today, according to data provided by CoinMarketCap.

Dennis Porter, CEO and Co-Founder of the Satoshi Act Fund, has announced that ten US states are poised to introduce legislation to establish a Strategic Bitcoin Reserve (SBR) at the state level.

In the latest development, Cryptocurrency prices plunged and exchanges were paralyzed after South Korean President Yoon Suk Yeol unexpectedly declared martial law on Tuesday night, as reported by The Korea Herald.

Bitcoin's price went through a flash crash on South Korea's Upbit, dropping by 30% in minutes.

XRP (Ripple) price has surged to its highest levels in six years, reaching new milestones amid growing optimism around the coin's ecosystem. The coin has skyrocketed approximately 450% over the past 30 days, making it one of the best-performing cryptocurrencies in the market.

As the crypto market prepares for a new season of growth, XRP has opted to reduce its reserves 10 times lower. The current adjustment reflects a decrease to $2.64 from $26.40.

BitconeMine, the industry leader in cryptocurrency cloud mining, has announced its latest innovation in cloud mining technology.

Bitcoin (BTC) continues to reject key resistance levels, with a cryptocurrency analyst warning that the asset will likely crash below $90,000 based on the technical setup.

Ripple Labs-backed XRP Ledger (XRPL) has launched a new software update, marking another enhancement for the layer-1 protocol. With this update, developers must update the latest version, dubbed rippled 2.3.0.

Cardano could be the next to surge after XRP, as the ADA price shows signs of an imminent market recovery. A crypto analyst has projected that the ADA price could experience an epic breakout to $4.88 this bull cycle.

On Tuesday, bitcoin's price slipped beneath the $94,000 mark, hitting a low of $93,697. This dip comes amid a wave of significant gains among a variety of altcoins over the past few days. Bitcoin Wavers: Investors Shift Billions to Altcoins as Dominance Drops Below 55% Bitcoin (BTC) has dropped 1.6% against the U.S.

The US SEC's lead attorney in the Ripple lawsuit, Jorge G. Tenreiro, has joined the agency as its Chief Litigation Counsel, sparking discussions in the crypto market.

BlackRock's Bitcoin ETF surpassed 500,000 BTC in AUM, an indicator of growing institutional interest in Bitcoin ETFs. With this milestone, experts foresee continued growth and adoption of these funds as portfolio diversifiers. Will this shape Bitcoin's future? The post BlackRock's Bitcoin ETF Exceeds 500K BTC in AUM appeared first on Cryptonews.

In response to the martial law declaration, opposition Democratic Party leader Lee Jae-myung expressed concern that the military would arrest members of South Korea's parliament.

MARA Holdings, formerly Marathon Digital, has announced plans to acquire a wind farm in Hansford County, Texas, to power its sustainable Bitcoin mining data center.

Bitcoin (BTC) dominance dips to 55.81%, down from its November 2024 top of 61.53%. Declining BTC dominance has paved the way for the altcoin season with over 75% of the top 100 altcoins outperforming Bitcoin consistently.

While a bull rally correction has been anticipated, Bitcoin's drop from its all-time high of $99,600 to $92,000 managed to wipe out a good chunk of optimism from the market.

The martial law declaration in South Korea highlights the vulnerability of crypto markets to geopolitical events, causing significant price volatility. The post Bitcoin crashes to $62,000 on Upbit after South Korea enacts emergency martial law appeared first on Crypto Briefing.

The trading volume of popular cryptocurrency XRP on the leading U.S. crypto exchange over the past 24 hours has temporarily exceeded the combined turnover of Bitcoin (BTC) and Ethereum (ETH) today.

Canadian Bitcoin developer Peter Todd, who was identified as the likeliest Satoshi Nakamoto candidate in a recent HBO documentary, recently weighed in on the feasibility of Bitcoin space mining, arguing that critics of such a futurist idea are wrong.

TRON (TRX) performed one of the biggest sleeper rallies, and is one of the assets with no drawdowns since the start of 2024.

For XRP Ledger, this decision to lower barriers for new users on the network also frees up funds it previously held in reserve.

South Koreas declaration of martial law has sent shockwaves through cryptocurrency markets, driving Bitcoin to plunge 30% against the won. As investors react to political instability, market volatility intensifies, raising fears of deeper disruptions in the days ahead.

Bitcoin exchange reserves have hit multi-year lows, reflecting growing investor confidence and a shift toward long-term holding.

XRP whale activity hits a all-time high. Ripple whales have been actively purchasing buying 160 million tokens worth $380 million.

Bitcoin recently experienced a dip below the $90,000 mark after briefly hitting the $100,000 threshold, sparking discussions among analysts about its short-term trajectory.

A crypto analyst who accurately predicted the XRP price jump to the $2.8 milestone has made another bold prediction for the cryptocurrency. The analyst recently shared a technical analysis of XRP based on the Elliott Wave Theory, identifying price wave patterns and their implications on the cryptocurrency's future trajectory in the mid-to-long term.

Unlike many cross-chain bridges, Portal-to-Bitcoin uses a combination of threshold signatures and atomic swaps.

Michael Saylor, MicroStrategy executive chairman, joins 'Squawk Box' to discuss the company's decision to purchase 15,400 bitcoin for about $96,000 per coin, state of the crypto industry, the appeal of bitcoin, and more.

With this shift, dtcpay aims to deliver a more scalable and compliant payment ecosystem while adapting to evolving consumer needs.

BTC dumped to a new 6-day low earlier today.

Ripple has emerged as one of the best-performing cryptocurrencies in this bull run, jumping by almost 500% from its lowest level in November.

Is a massive Bitcoin sale on the horizon?

According to on-chain data, BlackRock's iShares Bitcoin Trust (IBIT) now holds over 500,000 BTC. This positions BlackRock as the third-largest Bitcoin holder globally, trailing only Bitcoin's pseudonymous creator, Satoshi Nakamoto, and crypto exchange giant Binance.

BlackRock's IBIT now holds 2.38% of all Bitcoin, with its latest filing showing it has 500,380 BTC on its books.

On Tuesday, bitcoin hovered just below the $95,000 mark, while numerous alternative cryptocurrencies enjoyed a wave of impressive gains. This trend triggered blockchaincenter.net's Altcoin Season Index (ASI) to announce that “Altcoin Season” has officially arrived. Altcoin Season Arrives At 8 a.m. Eastern Time on Tuesday, Dec. 3, blockchaincenter.

Bitcoin (BTC) price has failed to rally beyond the crucial threshold of around $98.7k in the past three weeks, signaling potential midterm correction. The $100k crusade could have to wait a while longer before the bullish momentum gains traction.

Michael Saylor pitched a bold Bitcoin strategy to Microsoft's board, claiming it could boost shareholder value by a massive $5 trillion by 2034. A day after this proposal buzz, Polymarket bettors aren't feeling confident about the idea of Microsoft buying Bitcoin.

The Bitcoin market is going to continue to see a lot of noisy behavior, as we are trying to work off a lot of the froth from the shot higher that we had seen previously this autumn. Ultimately, this is a market that needs another fundamental push to finally break

The minimum amount of XRP that must be held in an account to keep it active was previously lowered from 20 XRP to 10 XRP in 2021.

Coinbase (NASDAQ:COIN) CEO Brian Armstrong on Tuesday voiced strong opposition to the U.S. government selling its Bitcoin (CRYPTO: BTC) holdings, joining a chorus of criticism sparked by government movements of large quantities of the cryptocurrency. The debate intensified after 19,800 bitcoin, valued at $1.9 billion, was transferred to a Coinbase Prime deposit address on Dec. 2.

Singaporean digital payment provider dtcpay announced that it will exclusively support stablecoins for its payment services by 2025, dropping Bitcoin and Ethereum in the process.

Bitcoin has started a fresh decline, approaching the crucial $93,257 support level that has proven to be a battleground for bulls lately. Thus, the question remains whether buyers can regain control and defend this level once more.

The Bitcoin Exchange Balance has dropped to a multi-year low of 2.4 million BTC, signaling increased accumulation and reduced selling pressure..

Bitcoin has recently reached an all-time high (ATH) of $99,595, fueling optimism that the $100,000 mark is within reach. However, volatility has kept Bitcoin from breaching this psychological barrier.

Microsoft's shareholders will soon vote on adding Bitcoin to its balance sheet. Will Michael Saylor's pitch Orange Pill the tech giant?