XRP price continues to decline as several metrics point to a bearish outlook from the altcoin. XRPXRP$2.02price has declined by 4.5% over the past 24 hours, and in the last week it has underperformed most of the top-10 largest market capitalization cryptocurriencies. XRP weekly chart. Source:TradingView With the altcoin closing three consecutive bearish candles on…
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MicroStrategy slumped over the last trading day after disclosing its latest Bitcoin purchase, with some market observers raising concern over leverage. Shares in Michael Saylor’s MicroStrategy (MSTR) fell over 8% after its latest $209 million Bitcoin buy, with some observers starting to share concerns about its “leveraged” play. MSTR made the purchase just an hour…
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Stablecoin issuer Tether has moved over 8,400 Bitcoin to its reserve in its biggest move since March. Stablecoin issuer Tether moved nearly $780 million worth of Bitcoin into its corporate Bitcoin reserve in its largest move since March. Arkham Intelligence shows wallets tagged for Tether’s Bitcoin reserve as having received separate transfers of around 7628.9 BTC and 775.6…
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An analyst says Ether’s potential to outperform Bitcoin at the beginning of 2025 may lead to a wider “altcoin run in the Ethereum ecosystem,” US-listed Bitcoin, Ether ETFs tally a combined $38.3 billion in net inflows for 2024, and more. IRS issues rules on digital asset reporting, says front-ends are brokers The United States Internal…
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Some market analysts have warned of deep short-term price corrections before Bitcoin establishes a new all-time high. The price of Bitcoin dipped below the $94,000 price level on Dec. 29, down from an all-time high of about $108,000 recorded on Dec. 17, 2024. According to data from CoinMarketCap, Bitcoin was down roughly 1.29% in the last…
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According to data from MicroStrategy co-founder Michael Saylor, the company holds 444,262 Bitcoin, valued at roughly $41.4 billion. MicroStrategy co-founder Michael Saylor posted the Bitcoin chart from the SaylorTracker website on Dec. 29. The tech entrepreneur and BTC advocate typically posts the chart on Sundays before making a BTC purchase on Monday. “Disconcerting blue lines…
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today, in crypto, Blockware delivers its Bitcoin price predictions for 2025, El Salvador now holds over 6,000 Bitcoin, the total market capitalization of artificial intelligence and big…
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A crypto trader says the altcoin total market cap needs to rise around 16% before “euphoria” sets in, and until then, the market could remain “choppy.” The altcoin total market capitalization must increase around 16% from its current level before the euphoric altcoin season begins; until then, volatility will continue, according to a crypto trader.…
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Declining network activity and interest in memecoins put a dent in Solana price, but derivatives data suggest limited downside. Solana’s native token SOL failed to sustain levels above $200 after multiple rejections between Dec. 25 and Dec. 26. This movement aligned with the broader cryptocurrency market, which saw a 3.5% decline over two days ending…
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Galaxy Research expects US government departments to make “some movement” in 2025 to explore an “expanded Bitcoin reserve policy,” but no Bitcoin will be purchased. Galaxy Digital’s research division predicts that the United States government will not buy any Bitcoin in 2025 but will safeguard its existing supply. “The US government will not purchase Bitcoin…
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