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European Lawmaker Pushes for National Bitcoin Reserve, Cites El Salvador’s Resounding Success
Sarah Knafo, a French magistrate and a member of the European Parliament since June, has called on the European Union to copy President-elect Donald Trump’s plan to create a strategic Bitcoin reserve while rejecting the proposed adoption of the digital euro — a central bank-backed digital currency currently being developed by the European Central bank.
Her push for a national Bitcoin reserve comes amid a historic market upsurge that has propelled the world’s largest crypto by market capitalizat
Bitcoin and Ether Lead Top Crypto Gainers; Can BTC and ETH Inspire XRP, Solana, Cardano, Shiba Inu?
Bitcoin and Ethereum have led top crypto asset gainers following the last price rebound. Most traders expect a positive run based on both assets, citing growing institutional demand and the decentralized finance (DeFi) ecosystem. At press time, the total crypto market cap stands at $3.7 trillion, a 2.97% surge in the last 24 hours.
BTC And ETH Dominate Inflows
In the last 24 hours, Bitcoin hit a new all-time high above $106K before a slight correction as bulls project higher gains. The asset
Dogecoin Creator Reveals His Top 5 Crypto Picks and There’s No Room for Ripple’s XRP
Billy Markus, also known as Shibetoshi Nakamoto online and the creator of Dogecoin, has revealed his five favorite cryptocurrencies in a series of posts on X between the 14th and 15th of December 2024.
His picks—Dogecoin (DOGE), Bitcoin (BTC), Avalanche (AVAX), Ethereum (ETH), and Solana (SOL)—highlight his unique perspective on innovation and personal connection in the crypto world.
https://twitter.com/BillyM2k/status/1868464749178163257 DOGE: A Sentimental Favorite
Launched in 2009, Bitcoin has massively surged as the flagship cryptocurrency recently hit an all-time high of $106,533. Since the U.S. presidential election, the value of the cryptocurrency has increased by at least 50 percent. However, the price is currently consolidating at $104,672 – 2.6% higher on Monday.
At this price, 1 Bitcoin is equal to 39 ounces of gold.
U.S. Strategic BTC Reserve Talk Fuels Rally
Further, there is speculation that the Trump administration is making a Bitcoin strat
Ripple CTO Explains Why RLUSD Can Hit Whopping $1,200 At Launch, Warns Investors Not to “FOMO”
Ripple CTO David Schwartz has outlined how the company’s upcoming US dollar-pegged stablecoin, RLUSD, could initially trade at insanely high prices, possibly even $1,200, despite being designed to maintain a 1:1 parity with the US dollar.
He stressed early supply bottlenecks and speculative enthusiasm as key factors likely to cause any short-lived spike. Schwartz then warned investors against seeing the much-hyped token as an opportunity to bag life-changing profits.
World-Renowned Bitcoin Bull MicroStrategy Expands Its Enormous Stockpile to 439,000 BTC After Sec...
MicroStrategy, the Michael Saylor-founded software firm and self-described “Bitcoin Development Company,” announced today that it had acquired even more Bitcoin, spending roughly $1.5 billion in cash.
The announcement follows Friday’s news of MicroStrategy becoming the first BTC-centric company to secure entry into the Nasdaq-100 Index. The company’s entry will connect index investors to Bitcoin exposure.
MicroStrategy Just Bought Another $1.5 Billion Worth Of Bitcoin
‘See You on the Moon’ — Michael Saylor Says As Bitcoin Sets New Record High Above $106,000
Michael Saylor, the co-founder and Executive Chairman of MicroStrategy — a publicly-listed firm that holds more BTC in its treasury than any other company— has shared a bullish statement as the premier cryptocurrency recorded its new all-time high price.
Saylor posted a Bitcoin-moon-themed post as BTC surged to over $106,000 on Sunday before retreating slightly.
Bitcoin Soars Above $106,000
The price of Bitcoin surged nearly 5% on Dec. 15 to print a new lifetime high above $106K. BTC topped o
Top Analyst Says XRP Bull Rally Has Barely Started — Why He Envisions 2017-Style Price Boom Coming
XRP began soaring after Donald Trump’s election win last month, but the crypto’s climb turned into a rocketship ride after Securities and Exchange Commission (SEC) Chair Gary Gensler announced that he will resign effective January 20, 2025.
The Ripple-linked token reclaimed its early 2018 highs amid speculation that regulatory clarity is coming and that it will open the door to U.S.-listed spot XRP exchange-traded funds (ETFs).
A widely-followed analyst recently commented about XRP’s price act
Binance Founder Projects High-Scale Bitcoin Government Adoption in Ten Years
Former Binance CEO Changpeng Zhao pointed to increased government adoption of the asset in the next ten years. In an interview, he highlighted its use-case as the future of money to drive massive investment. This will increase the asset’s price as well as the wider crypto sentiment.
Zhao hinted at more strategic Bitcoin reserves for countries to flip negative macro realities. Talks around a Bitcoin reserve in the United States gained momentum in the run-up to the U.S. Elections. With a rising n
Whale Patterns Reveal Cardano Bull Strategy As ADA Market Fundamentals Favor Price Storm
Retail investors have reduced their holdings, while whales’ growing positions hint at potential bullish momentum for ADA.
Cardano (ADA) whales accumulate more coins and buy the dip to increase their holdings.
These whales, whose wallets contain between 100 million and one billion ADA coins, bought more than 100 million ADA worth $110 million over the past few days, based on the data of Santiment shared by analyst Ali Martinez.
Their cumulative holdings now stand at 3.26 billion ADA, suggestin
Tron’s USDT Volumes Tap New All-Time High Above $587 Billion
Tron’s stablecoin dominance has continued to surge in recent months, hitting a new all-time high. The influx of new crypto users and growing adoption has spurred the market to new levels. Like other assets, stablecoins soared based on utility to institutional and retail investors this year.
A new market report shows the USDT transfer volume on Tron reached new highs in the last 30 days. The network recorded $587.2 billion in USDT transfer volumes last month. This jump added to the growth seen i
Dogecoin Indicators Are Bullish Amid Whale Accumulations, DOGE Price to Explode?
Dogecoin (DOGE) bulls are recording massive purchases amid sideways trading, signaling an uptrend in the coming months. The asset’s on-chain factors are flipping green alongside top crypto on the back of institutional demand and Elon Musk’s influence. This scenario is similar to the 2021 bull run, which saw the asset soar to an all-time high.
Data from crypto analytics from Messari shows that wallets with 1 million DOGE have amassed over 130 billion tokens. This all-time high acquisition indica
Japanese Lawmaker Makes Push for Strategic Bitcoin Reserve
A Japanese lawmaker has called on the government to adopt a strategic Bitcoin reserve to be at the fore of global financial innovation. This follows similar efforts by legislators in the United States, Russia, Argentina, and other jurisdictions. As a finite asset, a strategic Bitcoin reserve is key for consumers’ economic benefits and utility in cross-border payments.
According to the House of Councilors document, Satoshi Hamada moved towards a Bitcoin Reserve for the government. He described t
Bitcoin Traders Warns Holders to Sell If Supply Loss Falls to This Level
Bitcoin analysts have flagged a selling point for crypto holders in this cycle to avoid widespread losses. The bull swing continues to gain momentum, with experts tipping more gains ahead of Donald Trump’s second term. However, on-chain factors could spark a major sale, leading to a drop in sentiments.
In a recent publication, Onchain Edge informed users of the impact of BTC supply loss in the market. According to the release, when the metric goes below 4%, users should mark exits out of the cr
How This Crypto Whale Turned $3,000 to $73 Million
A smart crypto trader has stunned the market with huge profits from Pepe coin (PEPE). This comes after the token consistently rose to new levels, hitting a new all-time high before a slight correction. After about 20 months of holding the assets, the trader turned $3K worth of PEPE into $73 million, to the community’s delight.
On-chain data shows the trader made a total of 24,665% and moved several assets, raking in a profit as well as current holdings in the green zone. In April 2023, he bough
Pepe coin (PEPE) has recorded a significant spike in whale accumulations after it surpassed a $10 billion market cap. Large holders continue to buy, anticipating expected price gains amid a volatile crypto market. PEPE price turned against the wider market direction, showing signs of a breakout in the green zone.
This month, on-chain charts show whales increasing holdings by $1.14 billion, igniting positive sentiments in the meme coin ecosystem. In the same time frame, wallets with holdings abo
On-Chain Data Shows Bitcoin Whale Buys 2000 BTC; Is a Gigantic Price Surge Incoming?
Bitcoin (BTC) whales accumulate assets as the price exceeds $100K. The last dip, which saw the asset’s price below the level, triggered diverse reactions as traders repositioned holdings. Flows into Bitcoin and other crypto assets have flipped green in the last 48 hours.
On-chain data shows a crypto whale purchased 2000 BTC in two transactions at different price points. The first transaction of 1000 BTC, approximately $96.8 million, occurred on Dec 10. This came as whales sought to buy the dip
We’re Going to Do Something Great With Crypto” Donald Trump Reaffirms Bitcoin Stance
The United States President-elect Donald Trump has restated his commitment to make the country a digital asset powerhouse. This adds to the plans and policies Trump has rolled out for the industry ahead of the inauguration. Initial reaction to the statements sent bullish spikes in hourly trading data as holders anticipated positive regulations.
With CNBC’s Jim Cramer, Trump responded to questions about rolling out a strategic crypto reserve similar to the oil sector. He affirmed that his admini
Ripple’s XRP Price Struggles Under $2.5 As Almost 3 Billion XRP Flood Binance
XRP remained relatively quiet on Thursday, trading within a narrow range of $2.45 to $2.36. This comes after a modest recovery from a recent dip to $1.90 earlier this week, following a multi-year high of $2.90 on December 3.
Notably, XRP, now the fourth-largest cryptocurrency by market capitalization, has seen a remarkable 250% rise over the past month, making it one of the standout performers in the recent crypto market rally.
XRP’s recent bullish momentum was fueled by several key factors be
ADA Super Rocket? Charles Hoskinson Reveals Cardano’s Roadmap to Full Decentralization in 2025
Charles Hoskinson, the founder of Cardano and the network’s firm IOHK, has unveiled an ambitious roadmap to achieve full decentralization of Cardano by the end of 2025.
In a YouTube session on Thursday, Hoskinson reflected on the recently concluded Constitutional Convention in Argentina, highlighting the global collaboration involving over 50 countries, which marked a pivotal step toward community governance. He further expressed pride in the convention’s success, culminating in 95% of delegate