Crypto news

The price of Bitcoin reached $100,000 for the first time in history, marking a milestone for the cryptocurrency market after a year of significant growth.

Federal Reserve Chair Jerome Powell described Bitcoin as a speculative asset similar to gold. He acknowledged #BTC role as “digital gold.” However, Powell emphasized significant drawbacks, dismissing its viability as a payment method, a store of value, or a competitor to the U.S. dollar.

$SOL continues to face intense bearish pressure, shedding 16.78% from its local high of $264.36, with its prices currently hovering near the critical support level of $225. The cryptocurrency has been locked in a descending channel, marked by a persistent downtrend.

TRON's $TRX token has reached its highest record price, beating out a seven-year high amid an explosive rally that saw it reach just above $0.45.
Tron swelled by 81% on Tuesday, pushing its market capitalization beyond $35.1 billion, CoinGecko data shows.
#TRON #crypto

Coinbase CEO Brian Armstrong declared that the company would cut ties with law firms that hire lawyers with an anti-crypto stance. He specifically called out Milbank LLP for hiring Gurbir Grewal, a former SEC enforcement director, saying it was a “mess up.”

#crypto #coinbase

XRP, the fifth-largest cryptocurrency by MC has seen a spike in trading activity in the last 24 hours. XRP trading volumes have increased by 130% with its price hitting highs of $1.949 in the early Saturday trading session.

XRP's meteoric rise pushed it closer to breaking the $2 threshold.

Stellar $XLM has been on an impressive upward trajectory, extending its price rally over the past 30 days with fresh gains.

According to data from #CoinGecko, Stellar is currently up 457% in the last 30 days.
#crypto #XLM #BTC

Spot ETH ETFs racked up $224.9 million in net inflows over the last four trading days — around $190 million more than the spot BTC ETFs

It follows a nearly 8% price rally to $3,684 over the past seven days.

The ETH price currently sits at $3,585.

#Etherium #Bitcoin #crypto

Rumour:

Elon Musk, seems to be eyeing a massive multi- $ investment in Ripple’s #XRP as per Binance square post.

Another post by Binance Square mentions that the Ripple CEO and Elon Musk have met and are planning to collaborate for the “Everything App.”

The Ethereum Name Service $ENS token has surged by an astonishing 55%. The actions of a prominent crypto whale have largely driven this price increase. This seasoned crypto investor has returned after five months of inactivity and deposited 50K $ENS tokens worth $1.66 million into #Binance.

Ripple Labs launched the XRPL Foundation in France to boost innovation, developer participation, and regulatory progress for the XRPL ecosystem.

The XRPL Foundation focuses on long-term growth, aiming to attract developers, institutional partnerships, and mainstream blockchain adoption.

#XRP

#CHILLGUY price soared over 40% on Wednesday, defying the broader crypto trends., as top crypto exchanges listed the meme, such as #kucoin and #bybit

MrBeast took to X on November 26, reiterating that Just a chill guy is the “Biggest meme of our lifetimes.”

A key on-chain metric: the NVT Golden Cross. This metric, which evaluates the relationship between market capitalization and transaction volume, recently turned positive.
If the metric climbs to 2.2 it could suggest that #BTC valuation exceeds its transactional utility

if the metric climbs to 2.2

Marathon Digital Holdings issued an open letter urging the United States to establish a strategic Bitcoin reserve.

The open letter outlined why #BTC and its mining infrastructure are vital to maintaining economic and geopolitical stability in a shifting global financial landscape.

#crypto

Shibarium, the layer-2 protocol associated with Shiba Inu #SHIB, has witnessed a spike in activities resulting in remarkable development. According to Lucie, the marketing lead at Shiba Inu, the TVL has hit an ATH of $8.57 million.

#meme #crypto

Since its November 15 launch, the Chill Guy meme coin ($CHILLGUY) ballooned from a $10 million market cap to over $461 million.

The Solana-based meme coin has increased in value by 50% over the last 24 hours alone, trading just shy of $0.50
#CHILLGUY #Crypto #memecoin

BTC recorded an exchange net outflow of $6b over the last seven days $3.9b on Nov 19 alone according to data by IntoTheBlock.

Data from ITB shows that large transactions of at least $100k worth of BTC fell from 32,000 to 19,500 between Nov. 21 and 24 — the volume plunged from $136b to $53b
#BTC

BTC price is consolidating below the $100,000 resistance. BTC bulls might soon attempt to breach the stated milestone

Bitcoin started a fresh increase above the $96,500 zone.
The price is trading below $98,000 and the 100 hourly Simple moving average.

#BTC

Dogecoin surges above $0.40, driven by Gary Gensler’s exit and growing market optimism.
Bullish momentum and long positions suggest DOGE could break $0.6533 and reach $1.25.
Technical indicators signal rising volatility, with $0.45 as the next key resistance level.

#DOGE #Crypto

Market watchers believe an ATH for XRP might just be around the corner—much sooner than most people envision.

#XRP has continued to solidify its position in the $1 range, with a 28% surge, pushing its price to $1.43. This latest price movement has boosted XRP’s two week performance to a 170% gain.

Solana hits a new ATH

Until now, the biggest monthly gain was $71 in August 2021. This month, Solana is trading $91 higher than its open, with under nine days until the close.
#SOL #crypto

Crypto Fear & Greed Index marks 94 score indicating extreme greed.

Don't forget to take profits along the way.

#BTC #Crypto #fear #greed

Bitcoin prices rose above $99,000 on Thursday, November 21, as the digital currency came ever closer to breaking through the $100,000 level.

The world’s most popular cryptocurrency reached nearly $99,400, according to Coinbase data from TradingView.

#BTC #Crypto

Gary Gensler is officially stepping down as SEC Chair,

His resignation, effective January 20, 2025.

Under Pressure from Trump, SEC Schedules Emergency Meeting on Ripple Settlement Before Gary Gensler's Resignation.

#XRP #SEC

A Wall Street analyst has suggested that XRP could soar to as high as $33 based on historical price patterns and a 4-year cycle that has previously driven massive gains.
Linda Jones, a renowned Wall Street analyst, predicted that XRP could surge to as high as $33 by 2025.

#XRP #Crypto #wallstreet

According to a breaking development, Trump's crypto advisory council is expected to create the promised Bitcoin reserve.

Potentially involving sanctions representatives and former policymakers to ensure balanced oversight.
#BTC #trump

Very true, only going by the analysis of the wallets selling, not necessarily any other wallet the user may have. Point taken.

"Shrimps" have been net sellers of about $7 billion in BTC over the past 30 days.

And who is buying shrimps bags? "sharks" — who hold a BTC balance between 100 and 1,000 BTC have accumulated over 140,000 BTC, according to Glassnode.

There appears to be a tug of war going on 🤔
#BTC

Donald J. Trump’s media company appears to be getting into the crypto space. Earlier this week, Trump Media & Technology Group (TMTG) filed a trademark for a service called TruthFi, which is described as a platform for crypto payments, financial custody, and digital asset trading.
#trump #crypto

Crypto(dot)com and Triple-A have joined forces to revolutionise crypto payments.

Triple-A’s regulated solution eliminates the complexities of handling cryptocurrencies.
allowing businesses to reach more crypto-savvy customers.

Seems using crypto for payments is becoming more inevitable.

#crypto