Tag: Market

XRP market cap turn down as the price shrink 12% in a day

XRP hit the market with hundreds of per cent of growth and made it enter the top 3 cryptocurrencies in the world after Bitcoin and Ethereum, but not today anymore. Ripple Labs’s popular token XRP (XRP) has seen a major decrease of 12% to $127 billion in market capitalization in just a day of trading. In contrast, this token became the most trending coin of November after surging 344% in a month, outperforming Bitcoin (BTC) by just 44% in the same period. 1 Hour XRP price chart, December 05, 2024…

Is Bitcoin $100,000 Goal In Jeopardy? Options Market Show Increased Downside Protection

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Este artículo también está disponible en español. As attention shifts to altcoins, Bitcoin (BTC) has experienced a pause in the uptrend that has characterized the past month. Currently trading 3.8% below its record high of $99,540, questions are raised about the sustainability of this growth and the possibility of a correction as the year draws to a close. Investors Flock To Ethereum And XRP Chris Newhouse, director of research at Cumberland Labs, pointed out that while strong institutional buying pressure persists—particularly from companies like MicroStrategy, which continues to accumulate Bitcoin—there…

Political Turmoil In South Korea Impacts Bitcoin Prices As Market Eyes Trump’s Policies

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Este artículo también está disponible en español. Despite a notable pause in its upward trend, Bitcoin (BTC) is approaching the landmark $100,000 mark, fueled by expectations of supportive policies for the sector from US President-elect Donald Trump. On Tuesday, the largest digital asset traded above the key $95,000 mark, acting as support for the past 24 hours. This reflects a remarkable surge of over 40% since Trump’s election victory on November 5. Could A National BTC Reserve Become Reality?  Trump’s administration is expected to reverse the Biden administration’s stringent regulations…

Fundstrat’s Tom Lee Predicts Bitcoin Bull Market Surge Due to Supply Shock

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Tom Lee, CIO of Fundstrat Capital, a financial research firm, has predicted that the bitcoin bull market will continue in December and announced that the first cryptocurrency will reach “well over $100,000” by year-end. Tom Lee Forecasts Bitcoin Reaching $100,000 By Year’s End in All-Asset-Encompassing Bull Market The bull market predictions for bitcoin prices keep […] Original

Bitcoin Realized Price Grows Farther From Market Value, Bearish Signal Or Not?

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Stablecoin Market Capitalization Nears $200 Billion — Bitcoin Price To Resume Rally?

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Este artículo también está disponible en español. The latest on-chain data shows that the stablecoin market is nearing a new milestone in terms of valuation. Here’s how the increasing liquidity could impact Bitcoin and the general cryptocurrency market. Can The Increasing Stablecoin Cap Push Bitcoin Price To $100,000? Market intelligence platform IntoTheBlock has revealed in its weekly report that the stablecoin market capitalization has experienced notable growth in the past month. According to the crypto firm, the stablecoin market cap surged past $190 billion this week for the first time…

Bitcoin Flows To Binance Hit Historic Lows—Is Market Confidence Soaring?

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…