Although the future of Ripple's token price is uncertain due to legal battles and competition from other cryptocurrencies, the expanding RippleNet and potential CBDC partnerships suggest that a $5 target is plausible in the long run as the cryptocurrency market matures.
The approaching 2024 Bitcoin halving has investors closely monitoring the stock prices of key players in the Bitcoin mining industry, such as Marathon Digital Holdings, Riot Platforms, and CleanSpark, as they optimize their strategies and operations in anticipation of the event.
Gauntlet is a New York-based firm that helps decentralized finance exchanges manage risk and optimize profitability.
Bitcoin's rise above $50,000 has resulted in significant gains for traders on decentralized prediction platform Polymarket, with one pseudonymous trader earning a 550% return on investment and now betting on bitcoin reaching a record high by the end of Q1.
Ripple's XRP price broke down from a long-term ascending trend line, but is currently in a short-term corrective pattern and attempting a reversal, with analysts predicting positive future trends.
Super Junior's Siwon denies involvement in a cryptocurrency scam, stating that he has no connection with the Korea Youth Committee's Youth Pay or any political activities.
Venture capital firm Founders Fund, led by Peter Thiel, has invested $200 million in Bitcoin and Ethereum, signaling growing confidence among institutional investors and a potential turnaround for the crypto markets.
XRP price has experienced a 5% weekly gain and hit a high of $0.5380, with two potential catalysts being the extension of the remedies-related discovery deadline and the possibility of a settlement in the SEC v. Ripple lawsuit predicted by lawyer James Murphy.
Bitcoin could experience a 12x rally and reach over half a million dollars as it enters a new institutional cycle driven by the entry of trillion-dollar asset managers via Bitcoin exchange-traded funds (ETFs), according to crypto strategist Michaël van de Poppe. He believes that macroeconomic factors, such as rising inflation and global debt levels, could further fuel Bitcoin's surge.
Ethereum lags behind Bitcoin in the recent cryptocurrency rally, but strong fundamentals suggest that it could outperform during this bull market cycle due to factors such as a shrinking supply, increasing demand, the launch of Ethereum ETFs, and potential adoption by traditional finance.
Bullish sentiment is seen in the crypto market as many out-of-the-money bitcoin call options were traded over the weekend, indicating investors' positive outlook on the cryptocurrency despite overbought technical conditions and potential selling by bankrupt crypto lender Genesis.
Franklin Templeton's plans for a spot ether ETF caused Ethereum ecosystem and layer-2 tokens to spike, while low retail interest in bitcoin was observed through Google search data.
MicroStrategy's co-founder and executive chairman, Michael Saylor, highlights the surge in demand for bitcoin due to ETF listings and announces that the company will be re-branding as a bitcoin development company.
Sei Network's token, SEI, has surged 13% in the last 24 hours, outperforming Bitcoin and Ethereum, as the network aims to revolutionize decentralized exchanges with its parallelized EVM technology.
Venture capitalist Peter Thiel's Founders Fund invested $200 million in bitcoin and ether before the recent bull run, with bitcoin rising 124% and ether rising 75% over the past year, according to Reuters; this comes after the fund sold most of its crypto holdings for $1.8 billion in March 2022.
Crypto markets have reached their highest levels in almost two years, with a total capitalization of nearly $2 trillion, fueled by Bitcoin's breaking of the $50,000 barrier and various fundamental factors not seen in previous cycles, including the alignment of the crypto bull market with the start of a Fed easing cycle and sustained interest from institutional investors.
Changpeng Zhao, the founder of Binance, has had his sentencing postponed until April 30 after being charged with money laundering and sanctions violations, while Binance was ordered to pay $4.3 billion in penalties and leave the United States.
Pixels, the crypto game, is launching its long-awaited PIXEL token on Binance, marking a significant milestone and "day one" for the team as they fully implement the game's crypto vision.
Bitcoin scams are on the rise, with scammers targeting individuals to extract tens of thousands of dollars in bitcoin, posing as banks or loved ones, and convincing victims to transfer money to unknown cryptocurrency accounts.
President Joe Biden's tweet about the Super Bowl sparked conspiracy theories linking it to Bitcoin, as crypto enthusiasts saw it as a signal of support, highlighting the overlap between conservative and crypto internet culture.
Bitcoin has reached over $50,000 for the first time since late 2021, driven by inflows from spot bitcoin ETF offerings, signaling continued growth in the crypto market.
Bitcoin reached its highest price since December 2021, surpassing $50,000 and triggering a rally in cryptocurrencies and related stocks, including Coinbase stock and bitcoin ETFs.
Asset manager Franklin Templeton has filed an application for a Spot Ethereum ETF, joining other major players in the race for approval from the SEC, with the potential for the first approval of Spot Ethereum ETFs in May 2024 and high trading activity anticipated.
Bitcoin could potentially reach $112,000 this year due to increased spot ETF inflows, while Solana's second phone aims to offer unique cryptocurrency features and has already received over 100,000 presales. Additionally, the CEO and head of product of Ripple's crypto custody firm, Medicos, have both left the company.
Wealthy crypto investors have transferred $350 million worth of Bitcoin, Ethereum, Solana, Litecoin, and XRP in the last 36 hours, with significant amounts sent to crypto exchanges for potential selling on the open market.
Big investors have poured money into crypto-focused funds, pushing the assets under management to their highest level since early 2022 and causing the price of Bitcoin to break $50,000 for the first time since December 2021.
Craig Wright, who claims to have invented Bitcoin, faced cross-examination in a U.K. trial and made fresh allegations against members of the crypto community, while also being accused of offering contradicting versions of his story. The trial is focused on whether or not Wright is Satoshi Nakamoto, the pseudonymous author of Bitcoin's white paper.
FTX plans to sell Digital Custody Inc. to CoinList for $500,000, significantly less than its original purchase price of $10 million, as part of its bankruptcy process.
Ascendant Ethereum NFT project Pudgy Penguins is challenging the once-dominant Bored Ape Yacht Club with a floor price that is now within striking distance, showcasing a potential power shift in the NFT industry.
Gaming tokens, such as Immutable (IMX) and MAVIA, have experienced significant price increases following Bitcoin's surge to $50,000, with IMX becoming the only gaming coin in the top 25 cryptocurrencies by market cap.
Stocks are delayed by 15-20 minutes, while futures and forex have a 10-15 minute delay in market data provided by Barchart Solutions, with fundamental data from Zacks and Morningstar.
Immutable has partnered with LiquidX to launch the game Pixelmon on the Immutable zkEVM blockchain, aiming to leverage smart contract support and advanced gameplay mechanics.
The price of Bitcoin has surpassed $50,000 for the first time since December 2021, with analysts attributing the rise to big investors hoarding the cryptocurrency and renewed interest from Wall Street in the tech industry.
The Ethereum price rose above a significant long-term resistance level, but was rejected by a short-term resistance level, with analysts divided on the future trend, although some believe it will surpass $10,000.
Bitcoin spot funds, including BlackRock's iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund, have experienced significant success with over $2.8 billion in total net inflows within their first month of trading, attracting more than $3 billion each, while other funds have seen slower inflows, according to data from Bloomberg Intelligence.
Bitcoin's price surpassed $49,000 following strong ETF inflows and signs of institutional accumulation, with last week's influx of over $1.1 billion into spot bitcoin ETFs contributing to the surge.
Bitcoin and Ethereum experienced losses but remained above key levels, while Immutable was the top gainer and Bonk was the biggest loser in the cryptocurrency market, and the global crypto market cap fell to $1.79 trillion with a 1.3% decline in 24 hours, according to Benzinga.
Factors that will benefit Bitcoin in 2024 and beyond include the recent inflows into Bitcoin ETFs and the resurgence of on-chain activity, positioning the asset to surge compared to previous halvings.
MATIC price has been consolidating above a long-term support level, with mixed signals indicating a potential breakout or rejection at the 0.382 Fib retracement resistance level.
Bitcoin (BTC) gained over 13% in the past week, marking its biggest one-week gain since October, while the CoinDesk 20 Index increased by 11%; however, Ether (ETH) and bitcoin experienced minor losses, and Immutable X (IMX) saw an 8% jump, as the Philippines plans to issue a wholesale central bank digital currency (CBDC) within two years without using blockchain technology, and the New York Attorney General expanded the civil fraud case against Digital Currency Group (DCG) to $3 billion in investor losses.
A crypto strategist predicts that Ethereum (ETH) may see a significant surge to a level last seen in 2022 if it breaks above the $2,500 resistance level, potentially leading to a rally against Bitcoin as well.
Solana, the crypto-enabled phonemaker, plans to develop its second smartphone after reaching 100,000 pre-orders and generating $45 million in sales in just over a month, signaling a successful future for the company.
Grayscale predicts that the 2024 Bitcoin halving will be different from previous ones due to the impact of US spot Bitcoin ETFs, which could provide a new source of demand and counterbalance sell pressure from mining issuance.
Bitcoin is holding steady at $48,000, with 91% of BTC holders currently in profit, and traders advised to "HODL" as the cryptocurrency's price dips 0.8% in the last 24 hours, while Ethereum drops 1.4% to $2,482.46 and looks forward to the Dencun upgrade for faster transactions and lower fees.
Dogecoin is predicted to usher in "meme season" as it is expected to rise above $0.10 by May, with an increase in large-scale transactions and a potential bullish rally.
BitMEX founder Arthur Hayes has shifted from being bearish on Bitcoin to being bullish, expecting the cryptocurrency to reach new all-time highs by the end of the year and no longer anticipating a significant correction in the short term.
The Avalanche (AVAX) price has seen a significant increase in the past 20 days, reaching a high above $40, but its future trend direction will depend on its reaction to the $40 area and whether it can break out and reach the 2023 high at $50.
Gold is awaiting a catalyst, potentially provided by US CPI data, while Bitcoin is experiencing increased volatility and aiming to test levels not seen since December 2021, driven by the release of spot Bitcoin ETFs and the upcoming Bitcoin halving event in April.
The waitlist for new Ethereum validators is at its highest level since October, indicating a renewed interest in staking despite a yield on staked ether below 4%.
US President Joe Biden surprised many by sporting Bitcoin laser eyes in a photo posted on X following the Kansas City Chiefs' victory in the 2024 Super Bowl, with the symbol being widely adopted by Bitcoin supporters as a nod to the cryptocurrency and its aspirations.