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
The first year of spot Bitcoin exchange-traded funds (ETF) in the US exceeded all expectations, marking a historic debut that reshaped both the Bitcoin market and traditional finance.Following approval from the US Securities and Exchange Commission o
Indian cryptocurrency exchange WazirX, which suffered a $235 million cyberattack in July 2024, has announced a restructuring plan aimed at compensating affected users.The exchange, reportedly targeted by North Korea’s Lazarus Group, has developed the
The US emerged as the biggest investor in spot Bitcoin exchange-traded funds (ETFs) in 2024, while Canada — the first country to launch a spot Bitcoin ETF — was among the major losers.US spot Bitcoin (BTC) ETFs contributed to 100% of $44.2 billion cr
Several banks in the Philippines are working together to create a peso-backed stablecoin, PHPX, aimed at improving cross-border payments and financial inclusion. The PHPX token is scheduled to launch between May and July.The PHPX stablecoin, develope
The long-term holder ratios for Ethereum (ETH) and Bitcoin (BTC) over time show a distinct trend in favor of the former.As of now, 74.7% of Ethereum addresses belong to long-term holders, a figure that surpasses Bitcoin’s long-term holder ratio, whic
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
The Russian government confiscated $10 million worth of Bitcoin from a former law enforcement official, according to local reports.Russian court enforcement officers have begun confiscating Bitcoin from a former employee at the Investigative Committ
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
Bitcoin price has been consolidating within a roughly $11,200 range over the last three weeks as bulls failed to sustain the recovery above $100,000.Bitcoin has been stuck between its resistance level at $102,750 and support at $91,200 since droppin
Arbitrum, Ethereum’s largest layer 2 scaling solution, is seeking to improve its ecosystem with a new dispute resolution system called the Bounded Optimistic Liveness Dispute (BoLD) protocol.The proposal, which was published on Jan. 6, is now open fo
Usual, a decentralized finance (DeFi) stablecoin issuer, unveiled a major update to its USD0++ protocol on Jan. 9, introducing dual exit mechanisms designed to improve the long-term sustainability of the token.The changes are part of a broader strate
The Crypto Fear & Greed Index — a measure of Bitcoin and the broader crypto market sentiment — fell 19 points in a day to its lowest score since Oct. 14.The plunge to a score of 50 out of 100 is one of the index’s biggest daily drops over the last fe
The US Senate Banking Committee is reportedly set to create its first-ever crypto subcommittee, while a pro-crypto commissioner is now a top pick to replace the outgoing chair of the Commodity Futures Trading Commission, according to two reports. The
United States Federal Reserve officials are leaning toward a neutral policy stance as they await clearer direction from Donald Trump once his presidential term begins.“I expect that the coming months should bring clarity on the incoming administratio
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
Bitcoin market indicators are getting a reset as investors nurse 4% weekly BTC price losses.In a Quicktake blog post on Jan. 10, onchain analytics platform CryptoQuant reported a new chance to buy the dip.Onchain data shows Bitcoin moving at a lossBi
Quest for six digits didn’t have enough staying power as traders stepped back ahead of December's jobs report. Bitcoin prices steered off course Thursday, falling to lows near $90,000 a piece. Traders reacted fairly quickly to the opportunity to sco
XRP has dropped by 22.25% over a month after hitting $2.90, its highest level since January 2018, and was trading for as low as $2.26 on Jan. 10.Profit-taking due to XRP’s overbought levels, strong US economic data, and the Federal Reserve’s hawkish