Brad Garlinghouse, CEO of Ripple, has celebrated a series of epic wins for the fintech giant. In a tweet, the Ripple CEO celebrated the company's latest acquisition of Standard Custody and Trust, including its licensing wins.
Bitcoin (BTC) has once again made headlines by surpassing the $50,000 threshold, trading at $51,186. This represents a 2.19% increase in the last 24 hours and a significant surge of 19.23% over the past week.
The crypto airdrop community is abuzz with the latest announcement that could mark one of the most significant events of 2024 — the official launch of StarkNet's native token. StarkNet, a state-of-the-art ZK-Rollup, is set to distribute its native token, but the size of the drop remains unclear after a considerable number of wallets were sybiled.
Today marks the 14th anniversary of the iconic meme cryptocurrency Dogecoin (DOGE) and the beginning of its fascinating history. This article explores the origin of DOGE, the beloved Shiba Inu dog Kabosu, and the creators behind this viral digital currency.
Shiba Inu's blockchain solution, Shibarium, has recently observed a substantial surge in online engagement, indicating multiple-digit growth within a 24-hour period. The platform's metrics reflect a notable uptick in user participation, underscoring its growing prominence within the crypto community.
Ethereum traders are noticing a possible bearish reversal pattern on the ETH chart. The pattern, known as a double top, consists of two consecutive peaks at similar price levels, separated by a moderate trough. This pattern suggests that the bullish momentum is weakening and that the bears may soon take control.
Robinhood Markets, the online trading platform known for democratizing finance, has announced its latest quarterly earnings, revealing a swing to profitability and impressive growth in key areas.
Whale Alert, the blockchain monitoring and analytics platform, has reported a substantial transfer involving Ethereum (ETH), the second-largest cryptocurrency by market capitalization. According to Whale Alert's tweet, a whopping 11,999 ETH, valued at approximately $31,846,205, was transferred from Binance, one of the leading cryptocurrency exchanges, to an unknown wallet.
In a recent tweet, a member of the crypto community unveiled a groundbreaking theory concerning the stock float compression of MicroStrategy (MSTR). The individual elaborated on what they termed the "compression multiple theory," drawing parallels between the trading dynamics of GameStop (GME) during the 2021 short squeeze and the current situation with MSTR.
Whale Alert, a cryptocurrency tracking service, has recently detected the activation of an ancient Ethereum pre-mine address. This address, which had been dormant for 8.5 years, contains 100 ETH, valued at approximately $262,757. However, this is not an isolated event. Over the past few months, several other dormant Ethereum addresses have also come to life, causing significant movements in the crypto landscape.
Cardano (ADA) has experienced a surge in price, surpassing the 50-day EMA (Exponential Moving Average). This breakout indicates a strong bullish sentiment and presents growth opportunities for investors. The current support level for ADA is around $0.50, which has acted as a strong bounce point for the price. Maintaining this support level could lead to ADA targeting the next resistance level at approximately $0.60. If ADA continues to close above the 50 EMA, buying pressure may increase, potentially pushing the price to higher levels, with $0.65 as the next major target.
In the latest market update, CoinStats reports that buyers continue to hold the upper hand in the Bitcoin market. However, there are some bearish signals that traders should be aware of.
The XRP price has recently experienced a rally, joining the broader crypto market. It has successfully moved out of the bear zone, with a 1.3% increase at the time of writing, reaching $0.5197. Over the past week, XRP has not only erased its losses but also gained 3.85%. This has helped trim its monthly loss to 9.2%.
According to Reuters, billionaire Peter Thiel's venture capital firm, Founders Fund, is once again investing in Bitcoin and Ethereum, indicating a resurgence of interest in the cryptocurrency markets in Silicon Valley.
Bitcoin's price continues to inch closer to the $50,000 mark, being pushed higher by a bullish weekly divergence. According to top crypto analyst Michaël van de Poppe, the recent break above the $48,000 level indicates an upward trajectory for Bitcoin. The analyst is curious to see how the price will behave around the $50,000 mark in the next 1-2 weeks, highlighting it as a critical resistance level. The upcoming Bitcoin halving event in April adds to the excitement, as historical data suggests bullish surges following halving occasions. Van de Poppe predicts a target of $50,000 for Bitcoin, attributing it to the impact of the halving event.
Bitcoin ETFs are rapidly outpacing gold, a traditional investor favorite, with net cumulative flows for the ten Bitcoin ETFs, including GBTC, doubling in the past three days to over $3 billion. This acceleration is significant when compared to the nearly two years it took for the gold ETF to reach this milestone. The data, which was shared by Eric Balchunas of Bloomberg, shows a burgeoning interest in cryptocurrency investment vehicles.