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news-imageDecember 11, 2024

XRP Outperforms Bitcoin, Dogecoin Extends Slide Ahead of U.S. CPI

XRP whale exchange deposits hit a six-month high early Tuesday, indicating short-term bearish pressure.
Publisher: Coindesk
Sentiment: Neutral
BTC
DOGE

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Positive
cover-imageCryptoSlate
December 11, 2024

Alabama state auditor calls to establish Bitcoin reserve

State Auditor Andrew Sorrell has proposed that Alabama create a strategic Bitcoin (BTC) reserve to ensure its continued leadership in crypto adoption. He argued that such a move would diversify the state's assets, attract crypto-focused businesses, and establish Alabama as a pioneer in the digital asset space.

Positive
cover-imageThe Daily Hodl
December 11, 2024

Ripple CEO Brad Garlinghouse Says Stablecoin RLUSD Has Received Final Approval From New York Regulators

Ripple Labs' newest stablecoin product has received final approval from a prominent New York regulator. In a post on the social media platform X, Ripple chief executive Brad Garlinghouse says that Ripple USD (RLUSD) – the firm's new dollar-pegged crypto asset – has been approved by the New York Department of Financial Services (NYDFS).

Negative
cover-imageThe Currency Analytics
December 11, 2024

Atomic Wallet's Bold Stance on XRP: Predicts $3 Is Out of Reach

Atomic Wallet, a well-known non-custodial decentralized wallet, recently made waves with its bold predictions about XRP's future. After previously expressing a sarcastic bullish stance on the cryptocurrency, the wallet platform raised concerns within the XRP community by suggesting that the digital asset might never reach the $3 mark again.

Positive
cover-imageBitcoin
December 11, 2024

XRP Uptrend Intact—Is XRP Setting Up for Another Moonshot?

XRP has displayed a strong recovery over recent days, with prices climbing to $2.37 to $2.42 over the past hour, reflecting a 17% gain in 24 hours. Consolidation Phase or End of Rally? XRP at a Critical Crossroads XRP's upward momentum has brought the crypto asset close to a pivotal resistance zone at $2.

Positive
cover-imageBitcoin
December 11, 2024

Casa Launches Nation-State Bitcoin Self-Custody Solution

The service is designed to compete with larger third-party custodians such as Coinbase. New Self-Custody Solution for Nation-States Emerges Crypto self-custody firm Casa announced that it will now offer a self-custody solution called Praetorian to governments seeking to establish national bitcoin (BTC) reserves.

Positive
cover-imageBenzinga
December 11, 2024

Bitcoin Reclaims $101,000 As Inflation Hits 2.7% In November: 'Outlook Remains Bullish,' Says Analyst

Cryptocurrency analyst Benjamin Cowen provided an in-depth analysis of market trends, inflationary pressures and Bitcoin's (CRYPTO: BTC) rally following Wednesday's CPI report. What Happened: Bitcoin surged past $100,000, reflecting bullish sentiment as consumer price inflation data for November came in at 2.7%, close to the Federal Reserve's 2% target.

Positive
cover-imageBitcoin Magazine
December 11, 2024

Why It's Not Too Late to Invest in Bitcoin

Think you've missed the Bitcoin boom? Think again. Despite its impressive past performance, Bitcoin continues to be a top-performing asset, even in recent months. With strategies like Dollar Cost Averaging (DCA), you don't need a fortune to start investing. Learn why Bitcoin outshines gold, the Dow Jones, and other traditional investments, proving it's never too late to join the Bitcoin revolution.

Negative
cover-imageThe Currency Analytics
December 11, 2024

Peter Brandt Highlights Two Potential Threats to Bitcoin's Survival

The cryptocurrency world has long been resilient in the face of challenges, but legendary trader Peter Brandt has brought attention to two formidable threats that could significantly impact Bitcoin's future. In a recent statement, Brandt identified central bank interference and the rise of quantum computing as potential existential risks for the world's largest cryptocurrency.

Positive
cover-imageBenzinga
December 11, 2024

XRP Price Explodes 20% To $2.43 After Ripple Receives RLUSD Stablecoin Approval

Ripple‘s native token (CRYPTO: XRP) has skyrocketed 20% over the last 24 hours, trading at $2.43, significantly outpacing Bitcoin's (CRYPTO: BTC) 5% rise to $100,500. The rally comes after Ripple Labs secured approval from the New York Department of Financial Services (NYDFS) for its RLUSD stablecoin on Tuesday, marking a pivotal step in Ripple's expansion into the burgeoning stablecoin market.

Positive
cover-imageBenzinga
December 11, 2024

Peanut The Squirrel, Popcat, GOAT Eclipse Dogecoin, Shiba Inu In Single-Day Gains On Exchange Listing Frenzy

Meme coins Peanut The Squirrel (CRYPTO: PNUT), Popcat (CRYPTO: POPCAT), and Goatseus Maximus (CRYPTO: GOAT) surged on Wednesday amid significant exchange listing announcements, surpassing the performance of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Peanut The Squirrel $1.30 $1.29 billion +30% +4.3% Popcat $1.26 $1.23 billion +14.7% -8.9% Goatseaus Maximus $0.6855 $685.4 million +29.2% -11.8% Dogecoin $0.4123 $60.5 billion +7.3% +0.0% Shiba Inu $0.00002917 $17.1 billion +13.8% -2.5% Trader Notes: Crypto trader Dami-Defi predicts PNUT could bring life-changing opportunities.

Positive
cover-imageCrypto Daily
December 11, 2024

Bitcoin is Back Above $100,000: What Does This Mean for Altura ($ALU)?

The cryptocurrency market has witnessed an extraordinary turnaround as Bitcoin ($BTC) surges back above $100,000, marking a significant recovery from previous sharp declines. This milestone reignites bullish sentiments across the market, and with Bitcoin currently trading within a bullish pennant, analysts are targeting $127,000 as the next price objective.

Positive
cover-imageCoinPedia
December 11, 2024

$46 Million in XRP Leaves Binance, Buy Signal or What?

XRP, the native token of Ripple Labs, is poised for upside momentum as on-chain metrics, technical analysis, and recent whale activity hint at bullish signals. Recently, a whale transaction tracker, Whale Alert made a post on X (previously Twitter) that 22.08 million XRP tokens worth $46.13 million were transferred from Binance to an unknown wallet.

Positive
cover-imageCrypto Economy
December 11, 2024

XRP Skyrockets 18.8% in Just One Day! How Far Can It Climb?

TL;DR XRP has reached $2.39 per unit, marking an 18.8% increase in the last 24 hours and an accumulated rise of 303% over the past 30 days. The cryptocurrency has shown impulsive movements since November, with experts highlighting its clear upward trend and potential for further growth.

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