On January 1, 2025, Ripple initiated its first major token release of the year, reserving 300 million XRP out of the 1 billion tokens unlocked. This move follows a monthly distribution pattern stemming from XRP’s genesis allocation, where 80% of the token’s supply was reserved for Ripple. As previously highlighted, Ripple concluded 2024 with its […]
BlackRock’s Bitcoin ETF has revolutionized the market, reaching $50 billion in AUM while Bitcoin soars past $100,000. Here’s why this is a game-changer for the cryptocurrency world. BlackRock’s iShares Bitcoin Trust: A Record-Breaking Launch Launched in January 2024, BlackRock Inc’s iShares Bitcoin Trust (IBIT) has become a trailblazer in the exchange-traded fund (ETF) market. Within […]
Ripple’s XRP, a prominent player in the cryptocurrency market, has seen its price decline sharply, leaving investors questioning the reasons behind its latest dip. XRP experienced a remarkable surge earlier this year, fueled by market optimism and key events, but recent trends indicate a significant loss of momentum. After soaring from $0.60 to nearly $3 […]
The future of Bitcoin policies under Donald Trump may hinge on the perceived stability and dominance of the US dollar, according to Ki Young Ju, CEO of CryptoQuant. As the US dollar remains the world’s most dominant fiat currency despite losing over 90% of its value since 1913, its position as a safe haven shapes […]
Keyword-Rich Introduction The U.S. cryptocurrency market saw a significant milestone on December 26, as spot Bitcoin ETFs recorded a combined net inflow of $475.15 million. This surge highlights growing institutional and retail investor confidence in Bitcoin as a viable and mainstream asset class. Prominent ETFs from Fidelity, ARK Invest, and BlackRock led the charge, reinforcing […]
The price of XRP, the cryptocurrency closely tied to Ripple, has plummeted by over 6% in the past 24 hours, according to data from CoinGecko. Despite the decline, there’s a glimmer of hope for XRP bulls. Bullish Divergence Signals Potential Recovery According to the 100eyes Crypto Scanner, the XRP/USDT trading pair has shown a bullish […]
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 […]
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 […]