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XRP is navigating an environment of volatility as its push toward $3 resistance appears to have stalled amid the broader market correction. Despite the current market sentiment, XRP is witnessing increasing buying pressure from whales, a key factor likely to spur price growth. At press time, XRP was trading at $2.24, having rallied over 1% in the last 24 hours. Over the past seven days, the Ripple-affiliated token has plunged almost 17%. Picks for you Why MicroStrategy might collapse below $100 in 2025 45 mins ago Crypto millionaire sells more Ethereum for Bitcoin in a $70M-losing trade 50 mins ago Can DOGE reach $1 in 2025? ...

MicroStrategy Inc (NASDAQ: MSTR) announced another Bitcoin (BTC) purchase on December 23 at an average price of $106,662. This marks an announcement made at a price below the dollar-cost average, signaling a buy at Bitcoin’s local top. Nevertheless, the company is still profitable with its Bitcoin portfolio, and MSTR’s stock steadily sustains a premium against its holdings. According to Michael Saylor’s announcement, MicroStrategy has acquired 444,262 BTC at an average cost of $62,257. This most recent purchase was of 5,262 BTC for $561 million and MicroStrategy’s lowest disclosed buy since July 2024. On that note, the economist and known Bitcoin critic Peter Schiff has commented on X, highlighting a “firepower” loss. Schiff has been commenting against Saylor’s Bitcoin strategy for a while, as Finbold reported in one occasion. Picks for you ...

As Dogecoin (DOGE) struggles with short-term bearish sentiments, historical price movements and technical indicators suggest the top meme coin might be poised for another parabolic rally. This outlook comes from renowned cryptocurrency trading expert Ali Martinez, who drew parallels between Dogecoin’s 2017 and 2021 movements, hinting at explosive growth after significant retracements, as shared in an X post on December 23. Back in 2017, Dogecoin surged 212%, followed by a 40% retracement, before embarking on a 5,000% rally. Similarly, in 2021, DOGE climbed 476%, retraced by 56%, and soared by 12,000% to reach its all-time high. Picks for you Here’s Cardano’s (ADA) path to $6 16 hours ago AI picks 2 altcoins set to outperform Bitcoin i...

The non-fungible token market has experienced yet another bullish week, marked by a massive surge in trading sales volume and floor price values. The global non-fungible token market sales volume has surged again this week and reached over $300 million, the highest trading sales volume since April this year. In this article, we shall assess the full state of the non-fungible token market in the past seven days. NFT Sales Surpass $300M In The Past 7 Days Data compiled by CryptoSlam.io, an on-chain crypto assets market aggregator and a multi-chain non-fungible token explorer backed by billionaire Mark Cuban, indicates that the global non-fungible token market has significantly surged again this week. In the past seven days, the global NFT market has raised trading sales volume of $304 million, representing a 34% surge from the past week. Interestingly, this is the highest trading sales volume raised in the NFT market since the beginning of the year. Ethereum, the same blockchain netw...

A widely followed crypto analyst is issuing a new warning about the digital asset market during the final days of the year. The pseudonymous analyst known as Altcoin Sherpa tells his 234,800 followers on the social media platform X that the crypto market may experience wild price swings to close out December. However, the analyst predicts markets may rally in January based on historical precedence. “We probably get one-plus more flushes before the year’s end, but keep your eye on the prize and manage yourself through the volatility. January is historically a great month for crypto. In my opinion, sell bags you don’t like as much for cash and save that to deploy on bags you do like.” The analyst also says that some crypto projects are showing strength amid the broad market sell-off such as decentralized finance protocol Usual (USUAL). “One note on the USUAL chart: if you see a coin standing out above the rest amidst insane market vo...

The wider cryptocurrency market entered a strong bull run on November 5, the day that the United States presidential election was held.  In the following weeks, Bitcoin (BTC) struggled to breach the $100,000 price point — and as the deadlock extended, altcoin season came — a period when other cryptocurrencies outperformed the world’s largest digital asset. However, things took a dramatic turn for the worse on December 18, when the Federal Reserve (FED) Federal Open Market Committee (FOMC) meeting was made public. While the bodies did end up going with an expected 25 basis point rate cut, they also announced that only two rate cuts will come in 2025 — whereas investors were expecting to see four. Picks for you Here are XRP key support and resistance levels to watch this weekend 1 hour ago ...

Meme coins were the highlight of the year. Dogecoin (DOGE), the OG meme cryptocurrency, and Shiba Inu (SHIB) reignited in the market. While DOGE recorded a 289% increase over the past year, SHIB followed suit with a 130% uptick. With both networks delivering promising performance during this period, the community is curious to see if SHIB has the potential to take over Dogecoin in the coming year. Also Read: Why Is Bitcoin (BTC) Falling Today? Shiba Inu vs. Dogecoin Source: CoinMarketCap Both these assets stand out in their very own way. Despite being fairly new, Shiba Inu seems to have an upper hand. This is mainly linked to its utility. The Shiba Inu ecosystem has been trying to build its utility. Shytoshi Kusama, the developer of the network, recently released a proposal for a Strategic Hub for Innovation in Blockchain (S.H.I.B.) in the US and asked interested parties and political candidates to support it. All these factors come into play as the meme coin prepares to rise. The DOGE...

Ark Invest dumped Coinbase (COIN) shares worth about $3.9 million from its Fintech Innovation exchange-traded fund (ARKF) on Dec. 18 amid a 10% drop in the exchange’s share price and after Chair Jerome Powell surprised markets when he said the Fed will have a cautious stance on rate cuts going forward. The sale by ARK Invest marks one of the biggest by the investment firm since it sold $2.8 million worth of COIN on Sept. 23. COIN Is ARKF’s Second-Largest Holding Recent disclosures by the Cathie Wood -led investment firm shows that COIN is ARKF’s biggest holding, with the fund’s COIN weighting standing at 9.9% as of Dec. 18.  Meanwhile, its biggest holding is in Shopify.  Cathie Wood and Ark Invest’s trade activity from 12/18 pic.twitter.com/mOgWS9zzPp — Ark Invest Daily (@ArkkDaily) December 19, 2024 Part of ARK Invest’s strategy is to not have more than 10% of a portfolio exposed to a single stock in order to maintain diversif...

Bitcoin plunged after US Federal Reserve Chair Jerome Powell said the central bank will be “cautious” on rate cuts in coming months, but bounced back above $100K even as meme coins plummeted. Following the Fed’s announcement of a 0.25% interest rate cut on Dec. 18, BTC briefly dipped below six figures as Powell said the central bank will likely slow monetary easing in the coming months, a more cautious stance that spooked digital asset investors. While  BTC dropped to a low of $98,792.67 in the last 24 hours, m eme coins plummeted more than 8% with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) all suffering steep declines. Bitcoin is trading down 2.4% at $101,738 as of 4:14 a.m. EST. Meme Coin Bloodbath Sees Leaders DOGE, SHIB, PEPE And BONK All Plunge The overall crypto market tumbled more than 3% to a market cap of $3.52 trillion. Meme coins felt the brunt of the sell off in the digital asset space . Canine-themed Dogecoin (DOGE) and Shiba Inu (SHIB)...

Since it reignited the bull run in earnest in early November, Bitcoin (BTC) has rallied 56.52% to recent highs above $108,000, and, even when the latest drop to the press time price of $105,644, the cryptocurrency remains 52.17% in the green within the time frame. BTC 6-month price chart. Source: Finbold The relatively continuous strength of BTC and the fact that the market has been rising for approximately 12 months by press time on December 18 have led many to question if the upsurge will persist or if the next ‘crypto winter’ is around the corner. One way investors and analysts have been trying to gauge when Bitcoin will peak in this cycle has been by examining the historical charts and, based on a December 18 X post, the prominent on-chain expert Ali Martinez may have identified where BTC will top. Picks for you Buy signal for two ...

The cryptocurrency market is witnessing a strong upward trend, fueled by recent bullish rallies. Bitcoin has reached a new milestone, hitting an all-time high of $107,000 and driving market optimism. As a result, the global crypto market cap has risen to $3.77 trillion, reflecting a 2.96% increase over the last 24 hours. Altcoins are also benefiting from this market rally, with Stellar (XLM) emerging as one of the standout performers. It has gained 123.20% over the past month, showcasing strong upward momentum. With market sentiment currently bullish, this could be a promising time for investors looking to diversify their portfolios. This article will explore the best crypto to buy right now , highlighting top-performing cryptocurrencies that are showing strong growth potential. Best Crypto to Buy Right Now The Aave DAO has approved a co-incentive campaign to encourage PYUSD adoption on Aave and strengthen PYUSD/GHO liquidity. Meanwhile, Stellarhas gained attention after rising 11.1...