This week, the crypto market has witnessed a notable positive shift, particularly in prices for major alternative cryptocurrencies XRP, DOGE and XLM.These tokens are once again priced more or less the same on the Nasdaq-listed Coinbase, considered a
The employment market in the U.S. picked up steam in December, with job growth topping economist forecasts by a mile and the unemployment rate unexpectedly dipping.The economy added 256,000 jobs last month, the Bureau of Labor Statistics reported on
The cryptocurrency over-the-counter (OTC) market experienced unprecedented growth in 2024, with trading volumes more than doubling amid strong institutional adoption and favorable market conditions. Total OTC trading volume surged 106% year-over-year
Ripple, a San Francisco-based blockchain company, recently transferred $682 million worth of XRP to an unknown wallet, according to data from Whale Alert, a service that tracks large cryptocurrency transactions.Meanwhile, XRPUSD has been moving upwar
ADA is nearing the $0.8455 support level, which, if breached, could lead to further downward momentum. Cardano (ADA) is experiencing a resurgence, with its price climbing over 9.5% in the past 24 hours. After hitting a low of $0.8873 on January 9, th
Bitcoin stands to benefit from improved risk sentiment after Friday's stronger-than-expected U.S. nonfarm payrolls report, 21Shares crypto strategist Matt Mena says in a note. The data highlights the resilience of the labor market, alleviating fears
By Elsa OhlenBitcoin, XRP and other cryptocurrencies rose early Friday despite strong employment data fueling investors' concern that the Federal Reserve will cut interest rates more slowly.Bitcoin briefly dipped below $93,000 immediately after the
U.S.-listed bitcoin miners accounted for 25.3% of the global network in December, Jefferies said in a research report on Thursday.The bank cut its price target for MARA Holdings to $20 from $24, while maintaining its hold rating on the stock. The s
Bitcoin has not broken below $90,000 since Nov. 18, and continues to swing between $90,000 and $100,000. The sentiment generally flips bullish when bitcoin approaches $100,000 and investors try to continue the bull market. However, this also works t
Economic data and general profit-taking may have dented an early bitcoin rally, but data tracking investor behavior indicates buying current price levels could benefit those looking for an entry into BTC markets.Onchain data shows bitcoin’s Spent Ou
The EU's MiCA regulations, which came into effect on Dec. 30, will likely boost euro denominated stablecoins, JPMorgan said in a research report on Wednesday."Under MiCA, only compliant stablecoins can be used as trading pairs in regulated markets,
Weakness in bitcoin has deferred to other crypto majors from Solana’s SOL to memecoin dogecoin , data suggests current levels could prove ripe for risk-on traders.“Crypto's top meme coin Dogecoin has been extremely quiet outside of a temporary run-u
By Elsa OhlenStrong economic data and the prospect of fewer-than-expected interest rate cuts this year are worrying crypto investors. Friday's jobs report will likely be another driver of Bitcoin, XRP and the price of other digital coins.Bitcoin claw
Many traders were watching the bitcoin price action during European hours on Friday, slightly confused and for good reason.If you look at the candlesticks chart for BTCUSD pair on Coinbase, you would see fourteen green hourly candles, which means in
XRP, the cryptocurrency supporting the Ripple blockchain, might experience bearish momentum as funding rates have turned negative on multiple derivatives exchanges today (Friday). Although the rates shifted to the positive region on many exchanges, s
Major K-pop company Cube Entertainment’s co-CEO is facing accusations of misleading investors into putting money in a local cryptocurrency by falsely guaranteeing returns, according to local news reports.Kang Seung-kon, who is also the largest shareh
The bitcoin market resembles an iceberg at the moment, with the surface revealing a dominance of sellers that paints an overtly bearish sentiment. However, at deeper levels beneath the surface, bargain hunters are quietly waiting to snap up coins an
On Friday, China's central bank took steps to support the yuan, which has been losing ground, with its depreciation being viewed as a potential tailwind for bitcoin .The People's Bank of China announced that it will stop purchasing government bonds t
A UK judge has dismissed the long-standing legal case of James Howells, who sought access to a landfill containing a hard drive with Bitcoin worth more than $770 million. This ends the 12-year saga for the IT engineer from Newport, Wales that captiva
U.S. stock markets were closed on Thursday in remembrance of former President Jimmy Carter, but crypto is 24/7 and is bearing the entire brunt of any nervousness ahead of tomorrow's December employment report.In late-afternoon action, the price of bi