Ripple USD stablecoin set for trading debut tomorrow
Ripple’s RLUSD stablecoin is set for its trading debut on Dec. 17 on platforms including Uphold, MoonPay, Archax and CoinMENA, the company said.
Posts published on December 16, 2024 go to media archive 2/3
With BTC Firmly Above $100K, Forgotten Sleeping Bitcoin Wallets Spring to Life
With bitcoin dancing well above the $100,000 mark since Dec. 11, occasionally dipping its toes below, a slew of long-sleeping bitcoin wallets have been springing back to life. Bitcoin’s $100K Plateau Brings Forgotten Fortunes Back Into…
Bitcoin price eyes 'round number' next as bulls run past $106K
Bitcoin markets diverge from altcoins to continue the quest for BTC price discovery.
NYDFS approves BitLicense for Anchorage Digital subsidiary
With the addition of Anchorage’s New York arm, the New York financial regulator has approved 34 companies since the BitLicense scheme launched in 2015.
13 Christmas gifts that Bitcoin and crypto degens will love
13 crypto gift ideas from SOL and ETH phones, to NFT picture frames and Sui gaming handhelds. Hint: You could also just buy them for yourself.
Canada’s finance minister resigns, citing ‘serious challenges’ from US
Chrystia Freeland said she would remain a member of Canada’s parliament but had resigned from Prime Minister Justin Trudeau’s cabinet.
The 2024 Santa Claus rally is about to start
There’s potential for a 2024 Santa Claus rally across the crypto markets. Historical trends, market factors and this year’s bull run could lead to significant gains.
Bitcoin Technical Analysis: Resistance at $106K Sparks Fierce Bull-Bear Battle
Bitcoin’s price held steady at a dazzling $105,080 on Monday, Dec. 16, 2024, with a daily trading volume of $90.85 billion and a market cap hitting $2.05 trillion, while the leading crypto asset by market cap danced between $102,593 and…
XRP price chart 'bull flag' targets $15 despite consolidation phase
XRP’s latest pullback forms a classic bullish continuation structure, with a profit target above $15.
Ex-Hedge Fund Guru Bets Big On Dogecoin As ‘Core Crypto Bet’
Raoul Pal, the former hedge fund manager who retired at the age of 36 and now serves as the co-founder of Real Vision, a prominent financial media company, has given an update on his crypto portfolio. In a post on X today, December 16, Pal unveiled…
Semler Scientific Acquires Another 211 Bitcoin for $21.5 Million, Raises Holdings to 2,084 BTC
The addition of 211 bitcoin has seen Semler Scientific double its bitcoin balance in Q4 alone, raising its bitcoin yield to 92.8%. Semler Makes Another Addition to Growing BTC Balance Semler Scientific has announced another purchase of 211 bitcoin…
Bitpanda receives in-principle approval for UAE expansion
Bitpanda has secured in-principle approval from Dubai’s VARA, paving the way for its entry into UAE’s growing crypto market and advancing its global expansion strategy.
Bitget Token BGB can hit $5 – is it the next BNB?
On December 11, Bitget Token (BGB) climbed to a new all-time high, hitting $3.37 toward the $5 mark, and has gained 10.4% in the last 24 hours, showcasing a strong upward trend. With the optimism to the growing adoption of the Bitget ecosystem and…
Microstrategy Snaps up 15,350 BTC, Pushing Its Bitcoin Stash to 439,000—Bull Run Incoming?
MicroStrategy buys 15.3K Bitcoin for $1.5B, holdings reach 439K BTC
MicroStrategy’s latest Bitcoin purchase brings its total BTC holdings to 439,000 BTC, bought at the aggregate purchase price of $27.1 billion.
Increased gas limits on Ethereum L1 come with risks… but big rewards
Prominent Ethereum devs say significantly raising gas limits will increase network capacity and innovation, but others say too big of an increase would pose serious risks to stability and security.
XRP Price Targets $3.34 After Corrective Downtrend Within Descending Channel
The XRP price has been trading on a consolidation path after reaching a six-year high of $2.9 on December 3. The cryptocurrency has struggled to maintain upward momentum, and recent analysis points to the playout of a descending channel. According…
Microsoft Reinforces Its Interest in Crypto Despite Rejection of Bitcoin Investments
Microsoft, one of the largest tech companies in the world, has reinforced its interest in crypto as an asset class, proclaiming that it was one of the pioneers in accepting digital assets for its services. Microsoft Will Continue Evaluating Crypto…
Binance accused of IP theft over PNUT token by Peanut the Squirrel owner
Mark Longo, owner of Peanut the Squirrel, accused Binance of using his Peanut’s likeness without permission to promote the PNUT memecoin.
‘Pharma Bro’ Martin Shkreli Is Short Microstrategy: ‘Saylor Is Insane’
Martin Shkreli, also known as Pharma Bro, has criticized Michael Saylor for implementing a bitcoin playbook for Microstrategy, stating that it cannot end well. Shkreli revealed that he was short Microstrategy, explaining that it was both fun and…
Ethereum Bulls Aim For $4,100 As Key Resistance Comes Into Focus
Ethereum is once again making headlines as it edges closer to the critical $4,100 resistance level. After building steady upward momentum, the bulls seem determined to reclaim control and challenge this key barrier. Historically, this level has…
New ATH: Bitcoin Tops $106K—Is FOMO And Strategic Reserve The Game-Changer?
With a new all-time high, Bitcoin is once again the talk of the crypto world. In the rough history of the alpha cryptocurrency, breaking through the key $106,000 mark on December 16, 2024, was a big moment. Investors are more confident now that…
Crypto products record 10th consecutive week of inflows at $3.2B
Crypto ETPs have recorded $20.3 billion of inflows during the past 10 weeks, accounting for 45% of all inflows in 2024.
Intrinsic value of crypto: What is it and how to calculate it
The intrinsic value of cryptocurrencies can be calculated using Metcalfe’s Law, production costs and discounted utility models.
Russian State Duma Deputy Chairman Calls out Tariff Bluff, Remarks on Digital Currencies’ Role in Freeing International Trade
Alexander Babakov, Deputy Chairman of the Russian State Duma, called out President-elect Trump’s recent threats regarding the hypothetical implementation of a 100% tariff regime on the BRICS bloc, stating that such an application was…
Crypto Watchlist: Top 5 Coins To Watch This Week
The crypto ecosystem is on the cusp of yet another significant week, ushered in by several major developments taking place across different networks. This week’s spotlight falls on Bitcoin, Fantom, Avalanche, Stacks, and LayerZero, each of which is…
Bitcoin to gold ratio posts new record as BTC sets new high
The Bitcoin to gold ratio hit a new ATH at 40 gold ounces per BTC as the Bitcoin price peaked above $106,000 on Dec. 16.
BTC price 'base case' now $140K: 5 things to know in Bitcoin this week
Bitcoin sees a fresh wave of short-term bullishness as BTC price discovery returns in time for Christmas.
Grayscale Bitcoin Trust ETF outflows exceed $21B in under 12 months
The Grayscale Bitcoin Trust has had $21 billion in outflows since January, overshadowing gains from nine of the US-based spot Bitcoin ETFs in the market.
Extremely Bullish 88-Day Structure Appears On Bitcoin Price Chart After Hitting $105,000 ATH
The Bitcoin price has continued its foray above the $100,000 threshold and is currently trading around new all-time highs. Following its recent surge to an all-time high (ATH) above $106,000, the Bitcoin price has played out an interesting pattern…