Bitcoin (BTC)

XRP price is attempting a fresh increase from the $0.5650 support against the US dollar. The price is now trading above $0.60 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.60 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it clears the $0.6250 resistance. XRP price is consolidating above $0.60 against the US Dollar, like Bitcoin. It must stay...

Following in the footsteps of Michael Saylor, yet another publicly traded company has decided to make Bitcoin its savings vehicle of choice. Metaplanet, an investment and consulting company listed on the Tokyo Stock Exchange, announced on Monday that it has purchased 1 billion JPY ($6.5 million USD) worth of Bitcoin for its corporate treasury. Metaplanet’s Bitcoin Strategy Per a company tweet, Metaplanet has chosen to “embrace Bitcoin as the core treasury asset of the...

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Chinese mainland-based equity funds are reported to have filed applications to introduce spot Bitcoin exchange-traded funds (ETFs) through their Hong Kong subsidiaries. The development comes amid a month-long surge in crypto prices and heightened efforts by Hong Kong to establish itself as a global fintech hub. China Equity Funds Apply for Bitcoin ETFs According to Security Times, a Chinese state-owned newspaper, not all the companies applying have been named. However, it has...

TL;DR Brad Garlinghouse forecasts the crypto market value could double this year, buoyed by pivotal events like the US’s first spot BTC ETF and the Bitcoin halving. XRP’s performance remains subdued amid Ripple’s ongoing legal fight with the SEC, with the outcome likely to significantly influence the asset’s price volatility and future market dynamics. Garlinghouse’s Prediction The cryptocurrency sector has been booming since the beginning of the year, with Bitcoin (BTC)...

[PRESS RELEASE – London, UK, April 8th, 2024] StakeLayer, a pioneering Restaking platform operating on Bitcoin L2, has marked a significant milestone by successfully concluding two phases of its Presale, securing over $500,000 in funding. During the Presale, early participants have an opportunity to purchase $STAKE – native token of StakeLayer ecosystem. Holders will be able to use their tokens to potentially get additional rewards from vaults and participate in DeFi...

[PRESS RELEASE – London, UK, April 8th, 2024] The world’s first Bitcoin DEX –Satoshi DEX has unlocked a milestone, as the presale has shot up to more than $9 million, as the project continues to grow. Currently, the presale is still LIVE, less than 6% left to distribution. Following the presale, the team plans a Mainnet launch and initial liquidity (Q3 and Q4 2024) Launch of the mainnet: Deployment of SatoshiDEX on the Stacks mainnet, enabling live transactions and...

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In the past 24 hours, Bitcoin (BTC) has rallied roughly 5%, surging past $72,000 in an attempt to retouch its all-time high. This upward trajectory has significantly reduced the number of addresses holding the digital asset at a loss. According to data on IntoTheBlock, there are currently zero BTC addresses at a loss as the cryptocurrency hovers around $72,600. Zero BTC Addresses at a Loss A few hours before writing time, a tweet by IntoTheBlock revealed that over 30,000...

TL;DR Ripple’s XRP experienced a modest 2% daily increase, currently valued at nearly $0.61. Analysts believe the asset could surge if it surpasses the $0.75 resistance, with its price also affected by the upcoming Ripple vs. SEC trial. The cryptocurrency market launched another substantial rally today (April 8), with Bitcoin (BTC) briefly surpassing the $72,500 mark. Ripple’s XRP has also caught the green wave, albeit charting less impressive gains than its rivals....