Bitcoin (BTC) experienced its first significant downturn since Donald Trump’s 2024 election victory, plummeting over 8.50% despite reaching a record high of $108,230 earlier in the same week. This decline underscores the cryptocurrency market’s vulnerability to macroeconomic factors and technical indicators. The drop followed the Federal Reserve’s hawkish stance on interest rates for 2025, announced […]
Dogecoin has shown significant momentum with a 12% price surge in just 24 hours, signaling the potential for more upward movement. This rally has been accompanied by a 9.6% increase in trading volume, with over $11.6 billion exchanged within a single day. Such robust trading activity highlights the liquidity strength supporting Dogecoin’s ongoing growth. Dogecoin’s […]
The cryptocurrency market, including Ripple’s XRP, has experienced a period of consolidation recently. Despite this sideways movement, XRP has maintained key support levels, suggesting the potential for a strong uptrend. Traders and analysts alike are keeping a close eye on XRP, anticipating a possible breakout that could send the price soaring. XRP Holds Support Amid […]
Bitcoin prices have plunged by 12% between December 17th and 19th, sparking widespread concern among investors and traders. What’s causing this sharp decline? The answer lies in two key factors: the strengthening US Dollar and Bitcoin’s 3-month market cycle. Additionally, a psychological barrier at $100,000 is playing a crucial role in market dynamics. While short-term […]
A prominent crypto advocacy group, the Digital Chamber, is urging the United States Securities and Exchange Commission (SEC) to take immediate action to review all existing crypto-related probes, Wells notices, and lawsuits from the very first day of the upcoming Trump administration. The Digital Chamber’s Token Alliance, which includes Trump’s nominee for SEC chair, Paul […]
The Senate Banking Committee has canceled a planned vote to reappoint Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw. Initially scheduled for Wednesday, the vote’s cancelation means Crenshaw will not be renominated at this time. However, she remains eligible to serve until a replacement is confirmed. Crypto Community Celebrates Win as Caroline Crenshaw’s Renomination Vote […]
On Monday, December 16, Ripple officially announced the launch of its much-anticipated stablecoin, RLUSD, set to go live on Tuesday. Market reactions have been overwhelmingly positive, fueling XRP price gains and bolstering confidence in Ripple’s growing ecosystem. Ripple described RLUSD as an “enterprise-grade stablecoin built on trust, utility, and compliance.” Backed by US dollar deposits, […]
As 2024 concludes, Dogecoin (DOGE) stands out as one of the year’s best-performing cryptocurrencies, with a remarkable 355% year-to-date growth. Starting the year at $0.07497 and peaking at $0.4835, Dogecoin has offered a jaw-dropping 545% return on investment (ROI) for its holders. Such performance has fueled optimism about Dogecoin’s potential to deliver life-changing financial returns. […]
MicroStrategy’s Entry into Nasdaq-100: A Boost for Bitcoin and Stock Value MicroStrategy’s inclusion in the Nasdaq-100 Index, announced during Nasdaq’s annual reconstitution, is poised to bring significant benefits to the company’s stock value and its connection to the growing Bitcoin market. This move not only increases MicroStrategy’s market visibility but also positions the company as […]
Ripple’s XRP is gaining traction as crypto traders predict a potential price surge beyond $6 by 2025, fueled by bullish on-chain metrics and significant accumulations. Institutional and retail inflows have driven XRP past key resistance levels, sparking excitement among investors and analysts alike. XRP Price Prediction for 2025 Crypto analyst Jacob Canfield recently shared his […]