Jason Calacanis, one of the world's most famous angel investors, has once again taken aim at business intelligence firm MicroStrategy.

"MSTR has slowed down their bitcoin purchases.. and bitcoin is down… and their stock is down," he noted.

Calacanis, who is known for his early bets on Uber, believes that investors may no longer be willing to lend MicroStrategy's Michael Saylor billions if this trend continues to persist.

"It’s almost like these things are correlated in some way…I wonder if fo

Given that XRP's funding rates have dropped, there may be a bullish opportunity for the asset. Extremely low funding rates historically signal oversold conditions, which raise the possibility that market sentiment will turn around and lead to a recovery. As it tries to hold onto important support levels, XRP is currently trading weakly at about $2. With the 26 EMA broken, the price is edging closer to the next support level, which is at $1.89.

The performance of the asset in the future is not a

Given that its price performance shows a compression of volatility, which frequently occurs before major market movements, Solana is looking like a strong contender for a significant recovery in 2024. At $193, Solana is still positioned between important technical levels, and its trading volume suggests that there is a lull in the conviction to buy or sell.

Recent price action for the asset indicates that it is having difficulty breaking through the psychological $200 level while holding onto s

Bitcoin, the number one cryptocurrency by market cap, has put an abrupt stop to opinion pieces about an impending bear market by suddenly adding more than $3,000 to its price tag within just hours.

Earlier today, the flagship cryptocurrency slipped to as low as $91,315 on the Bitstamp exchange. It plunged to the lowest level since Nov. 26.

The cryptocurrency's plunge prompted speculation about the end of Bitcoin's bull markets.

However, these concerns were rather premature given that the cryp

Read the top three news stories over the past weekend brought to you by U.Today.

Ripple's RLUSD stablecoin explodes with 106% growth in volumes: Details

On Saturday, Dec. 28, Ripple's RLUSD stablecoin experiencedan impressive 106% increase in trading volumes over a 24-hour period, reaching $39 million, according to data from CoinMarketCap. Most of this trading activity is attributed to the RLUSD/USDC pair on the Bullish exchange, which accounts for approximately 55.02% of the total volume, ind

The price of XRP, the Ripple-affiliated cryptocurrency token, reached an intraday low of $1.99 on the Binance exchange earlier today.

This marks the first time that the token has plunged below the $2 mark since Dec. 20.

According to CoinGecko data, XRP is the worst-performing cryptocurrency in the top 10, plunging by more than 6%.

For comparison, Bitcoin (BTC) and Ethereum (ETH) are down 2.2% and 0.7%, respectively.

CoinGlass data shows that nearly $10 million worth of XRP has been liquidate

Bitcoin (BTC) is down to its lowest levels of December, dropping under $92,000, and many crypto enthusiasts are trying to figure out why.Chris Burniske, a former ARK Invest crypto lead and current partner at Placeholder VC, has shared his thoughts as he is looking at the bigger picture, not just the crypto world.

Inn Burniske's view, the year-end drop in Bitcoin is less about investors losing interest and more about seasonal financial patterns that now influence the cryptocurrency market. With

While the entire cryptocurrency segment is in the middle of a modest correction, the meme cryptocurrency segment has taken a hit. Its daily performance looks even weaker compared to the market benchmark, but ambitious newcomers bring some optimism.

Meme coins lost 5% of market cap in 24 hours

The segment of meme cryptocurrences is bleeding today, Dec. 30, 2024. Its aggregated market capitalzation plunged by almost 5%. Meme crypto market caps dipped below $105 billion, CoinGecko tracker says. M

Despite experiencing a 3.2% price decline to $0.2525, Tron (TRX) has emerged as the leading profitability cryptocurrency asset. IntoTheBlock data reveals that Tron leads with over 95% in terms of addresses in profit. This places the asset above notable rivals like Bitcoin, Ethereum and Cardano.

Tron Outshines Bitcoin and Ethereum in profit metrics

Tron’s addresses in profit amount to 156.16 million, representing 95.73%. These "In the Money" addresses, as tagged by IntoTheBlock, are currently r

XRP, the fourth largest cryptocurrency, has created a "death cross" on its short-term charts, a bearish technical indication that has sparked market interest. This event coincides with a broader market sell-off, creating concerns about XRP's short-term price trend.

A death cross happens when a short-term moving average falls below a longer-term moving average. In XRP's instance, the 50-hour moving average has fallen below the 200-hour moving average on the four-hour chart. This pattern is frequ

Renowned tech visionary Balaji Srinivasan, former general partner of Andreessen Horowitz and CTO of Coinbase, explains why politicians are wrong about the internet, which evolved into a global field for collaboration and competition simultaneously.

China and crypto: What do they have in common?

No political movement — be it socialist or nationalist — managed to shape a proper framework to deal with the internet since all their ideas emerged in a different tech context. Silicon Valley legend Ba

Things continue to look ambiguous for the popular meme-inspired cryptocurrency,Shiba Inu (SHIB). From one point of view, it is a so-called "nothing burger," as literally nothing is happening on the price chart of SHIB nor behind the scenes in the on-chain realm.

However, a different angle opens up an intriguing-yet-depressing statistic, as the key metric for the Shiba Inu token experienced a 99.28% drop over the course of the last seven days. The metric in question is the Large Holders Netflow

In the final hours of 2024, the crypto market remains abuzz with anticipation of what 2025 might hold for crypto assets. Crypto analyst Michaël van de Poppe recently shared his insights on ADA's price action, predicting what might come next for the cryptocurrency.

According to Van de Poppe, Cardano might be poised for significant upward movement in the days ahead.

In a recent analysis, Van de Poppe predicts that Cardano might experience a "pretty heavy run upwards" followed by a substantial co

Data shared by the public blockchain tracking platform Whale Alert has revealed that just recently anonymous transactions that carried hundreds of millions of DOGE have been detected. Some crypto enthusiasts in the comments believe that a massive cryptocurrency dump is taking place.

These transactions have coincided with a big Dogecoin price drop as the meme coin printed a long red candle on an hourly chart.

🚨 🚨 🚨 🚨 🚨 🚨 466,890,148 #DOGE (149,137,073 USD) transferred from unknown wallet

Bitcoin (BTC), the largest cryptocurrency, fails to address its major decentralization threats: zero client diversity, poor "social layer" narrative, exodus of Bitcoin Core devs and lack of censorship-resistance. Meanwhile, Ethereum (ETH) managed to accomplished a battle-tested level of decentralization, investor and advisor Anthony Sassano says.

Bitcoin (BTC) less decentralized than Ethereum (ETH): Opinion

Bitcoin (BTC) looks less decentralizaed than Ethereum (ETH) as of late 2024, due to a c

The crypto community carefully watches the blockchain space for large transactions, which reflect the current whale activity. According to Whale Alert, a blockchain sleuth that tracks down large cryptocurrency transfers, earlier today, a massive amount of Bitcoin was transferred by cryptocurrency whales.

Staggering Bitcoin transfer revealed

Slightly less than six hours ago, the above-mentioned blockchain data source shared the details of a crypto transfer, which carried almost $400 million wor

Sellers continue their pressure on the first day of the week, according to CoinStats.

BTC/USD

The price of BTC has declined by 2.18% over the past day.

On the daily chart, the rate of BTC is approaching the support level of $92,092.

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If its breakout happens, the energy might be enough for an ongoing drop to the $90,000 area.

Bitcoin is trading at $92,597 at press time.

XRP/USD

XRP has followed the decline of BTC, going down by 4.33%.

From the technical point of view, XRP is trading

Bears remain more powerful than bulls at the beginning of the week, according to CoinMarketCap.

ETH/USD

The rate of Ethereum (ETH) has declined by 1.25% over the last 24 hours.

On the daily chart, the price of the main altcoin is looking bearish. If the fall continues to the support of $3,304, the accumulated energy might be enough for a breakout, followed by a test of the $3,200 zone.

Ethereum is trading at $3,351 at press time.

SOL/USD

Solana (SOL) is more of a loser than Ethereum (ETH),

Within the last two weeks, Cardano (ADA) has battled declining price value as it struggles to climb above the $1 mark. In early December, ADA, riding on the broader cryptocurrency bullish cycle, hit its highest level. However, the asset has struggled to stay above $1 in the market space.

Cardano's price history offers optimism

Cryptorank datasignals positive growth for ADA in January if the asset aligns with historical precedence. ADA has registered an average growth rate of 20.4% in January f

Short-term holders, a crucial fundamental indicator, point to a possible influx of new investments making Shiba Inu appear to be recovering. This indicator has been rising, indicating fresh interest from new market players, and is essential for evaluating present demand. This data indicates that SHIB may not be as weak as it appears despite bearish signals in recent weeks.

At the moment, 43% of SHIB holders are losing money, compared to 52%, who are making money. In the face of greater market u