Ethereum price started a fresh recovery wave above the $3,250 zone. ETH is holding gains and might aim for a fresh increase above the $3,480 zone. Ethereum price started a decent upward move above the $3,240 level but upsides were limited compared to Bitcoin. ETH was able to clear the $3,300 and $3,320 resistance levels
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Litecoin has observed a sharp increase of over 19% in the past day. Here’s what on-chain data says could be behind the rally. The past day has seen recovery from the cryptocurrency sector as a whole, but Litecoin in particular has stood out with its impressive rally of more than 19%, which has taken its
XRP price started a fresh increase above the $3.00 level. The price is up over 15% and might continue to rise if it clears the $3.40 resistance. XRP price managed to start a fresh increase above the $2.650 and $2.80 resistance levels. The price gained over 15% and outperformed both Bitcoin and Ethereum. There was
BNB price is consolidating above the $700 support zone. The price is consolidating and might aim for a fresh increase above the $720 resistance. After a downside correction, BNB price found support at $690. It is now recovering losses like Ethereum and Bitcoin. There was a move above the $700 level. The bulls were able
Bitcoin (BTC) has experienced a gradual recovery following the release of the US Consumer Price Index (CPI) report yesterday, with its price now hovering above $98,000. This marks a 6.1% increase over the past week, signaling growing optimism among market participants. Amid this, there has been an interesting trend observed by a CryptoQuant analyst concerning
A recent report by crypto index fund management firm Bitwise outlines varying price projections for Solana (SOL) based on its adoption and scalability improvements. According to the report, the ‘bull case’ scenario could see SOLs price soar to $6,636 by 2030. Solana, currently the sixth-largest cryptocurrency by market capitalization, has experienced a volatile few years.
On Jan. 15, the Chainlink team announced that the Cross-Chain Interoperability Protocol v1.5 upgrade was now live on mainnet for all developers. The upgrade empowers developers to take their tokens cross-chain in a self-serve manner and deploy Cross-Chain Tokens (CCTs) across more than twenty blockchains in minutes, it added. CCIP is a secure and easy-to-use
Bitcoin’s price actions took a positive turn after the Monday night crash, and the asset tapped a weekly high of just under $98,000 earlier today. The altcoins also posted some notable gains ahead of today’s CPI numbers in the States, which are expected to lead to massive volatility once again. The primary cryptocurrency had a
Ripple has stepped forward to aid victims of the California wildfire tragedy, donating $100,000 in its native XRP token. The contribution, made through The Giving Block, will support on-the-ground relief efforts by nonprofit organizations World Central Kitchen (WCK) and GiveDirectly. Ripple announced the contribution in a January 14 social media post, indicating that President-elect Donald
As cryptocurrency gains mainstream traction, its use in illicit activities has diversified, extending beyond traditional cybercrime. Chainalysis has warned that these activities even include threats like national security breaches and consumer exploitation. In fact, these illicit actors increasingly utilize on-chain platforms for laundering, even if they operate primarily off-chain. This shift has led to the
The U.S. Securities and Exchange Commission (SEC) has formally appealed against a 2023 ruling that found sales of Ripples XRP token on crypto exchanges did not break securities laws. According to the regulator, District Court Judge Analisa Torres was factually and legally wrong when she concluded that offers and sales of XRP to the public
The release of the December CPI report triggered notable reactions across financial markets, especially in the cryptocurrency sector. While headline inflation aligned with expectations, core inflation fell below forecasts on both monthly and annual bases, fueling optimism for risk-on assets like Bitcoin. Within two hours of the CPI release, Binance Open Interest (OI) sharply rose
According to CryptoQuants latest weekly report , Bitcoin (BTC) could target a price range between $145,000 and $249,000 in 2025. The report cites rising institutional capital inflows and favorable crypto regulations as key drivers of Bitcoins potential price appreciation. Following a flash crash to $89,256 earlier this week, Bitcoin is now striving to reclaim the
The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, the world’s richest man, for failing to disclose his acquisition of Twitter (renamed X) stock on time. According to the complaint, Musk started accumulating shares of Twitter common stock in early 2022 and, by March 14, had crossed the 5%
Outgoing U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has insisted that the regulatory body never classified Bitcoin and Ethereum as securities. Additionally, he separated the worlds largest cryptocurrency by market cap from other tokens, saying they still have to prove their actual value. Gensler made the statements in exit interviews with Yahoo Finance
The floor price of CryptoPunks NFTs surged nearly 15% in just three hours on January 14. The price movement was driven by speculation that Yuga Labs, which owns the collection, might be selling CryptoPunks’ intellectual property (IP) rights. These rumors were apparently started by Wale.moca, a researcher at NFT firm Azuki. They shared in an
Congressman Tom Emmer, a well-known advocate for the cryptocurrency industry, has been named Vice Chair of the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. Committee Chairman French Hill made the announcement on January 14 as part of the House Financial Services Committee’s subcommittee assignments for the 119th Congress. Emmer expressed his enthusiasm
Litecoin (LTC) prices have surged around 17% over the past 12 hours, propelling the cryptocurrency to an intraday and 4-week high of $118 during early trading in Asia on Thursday morning. However, LTC topped $140 during the December crypto rally and still remains down 72% from its May 2021 all-time high of $410. Litecoin has
After surging past $90,000 for the first time on November 12, 2024, Bitcoin (BTC) has been trading within a broad range between $91,000 and $108,000. However, some analysts remain optimistic that BTC is poised to break out of this range to the upside following what they describe as a final capitulation. Crypto analyst Trader Tardigrade
XRP price started a fresh increase above the $2.50 level. The price is gaining pace and could rally further above the $2.880 resistance. XRP price managed to start a fresh increase above the $2.42 and $2.45 resistance levels. The price gained over 5% and outperformed both Bitcoin and Ethereum. There was a move above the
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