Crypto news
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Cryptocurrency
Bitcoin and Altcoin Prices Soar as Bitcoin Celebrates 16th Anniversary
Bitcoin Marks 16 Years with a Price Surge Celebrating its 16th anniversary, Bitcoin continues to be a focal point in the financial world. Despite experiencing a period of stagnation, Bitcoin has managed to climb by 1.11%, reaching a price of $96,635.50. This increase has propelled its market capitalization to an impressive $1.91 trillion. The rise in interest is evident with a significant 43.03% surge in intraday trading volume, now at…
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Cryptocurrency
BTC and Altcoin Prices Soar as Bitcoin Celebrates 16 Years
Bitcoin Marks Its 16th Year with a Price Surge As Bitcoin celebrates its 16th anniversary, the cryptocurrency continues to captivate the market’s attention. Despite a relatively stagnant trend, Bitcoin has experienced a minor increase, rising by 1.11% to reach a value of $96,635.50. The market capitalization of Bitcoin now stands at a robust $1.91 trillion, buoyed by a significant 43.03% surge in intraday trading volume, which now totals $41.46 billion.…
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Cryptocurrency
XRP Forecast for January 3
Current Market Dynamics of XRP As of now, Ripple’s XRP is experiencing an upward trend, surging by over seven percent and trading at a remarkable $2.42. This cryptocurrency has been consolidating its position above the critical resistance level of $1.96, a benchmark that was initially established in April and May of 2021. Interestingly, this threshold was recently surpassed in early December 2024, marking a period of strength and stability for…
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Cryptocurrency
Forecast for XRP Value on January 3
Current Market Dynamics of XRP Ripple’s XRP is experiencing a notable surge, currently up by over seven percent, with a trading value of $2.42. This growth marks a significant consolidation above the crucial $1.96 mark, a resistance level that had held strong since its formation in April and May 2021. This level was recently breached in early December 2024, establishing a new norm for XRP’s trading dynamics. The persistence of…
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Cryptocurrency
Bitcoin’s Influence Anticipated to Propel Market Cap to $9 Trillion
The cryptocurrency market is ushering in 2025 with a wave of optimism, as the total market capitalization has surged by 4.6%, reaching an impressive $3.4 trillion on January 2. Bitcoin (BTC) has experienced a notable 3.5% increase in the past 24 hours, trading around $96,600. This upward trend follows a tumultuous end to 2024, where Bitcoin hit an all-time high of $108,268 in mid-December before dipping to $92,000. As the…
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Cryptocurrency
Bitcoin’s Influence Anticipated to Propel Market Cap to $9 Trillion
The cryptocurrency market is kicking off 2025 with a remarkable surge, posting a 4.6% increase in total market capitalization, which now stands at a staggering $3.4 trillion as of January 2. Bitcoin (BTC), the flagship cryptocurrency, has experienced a 3.5% rise over the past 24 hours, currently trading around $96,600. This follows a tumultuous close to 2024, where it reached an all-time high of $108,268 in mid-December before dipping to…
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Cryptocurrency
Do Kwon Asserts Innocence in Initial US Court Appearance Following Extradition
In a significant turn of events, Terraform Labs co-founder Do Kwon has made his first appearance before a United States magistrate on January 2, 2025. During this initial legal hearing in Manhattan, Kwon pleaded not guilty to the array of charges presented against him. This appearance marks a pivotal moment in the ongoing legal saga following his extradition to the US. The Charges Against Do Kwon Do Kwon is confronted…
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Cryptocurrency
Do Kwon Denies Charges in Initial US Court Appearance Following Extradition
In a significant turn of events, Terraform Labs co-founder Do Kwon made his first appearance before a United States magistrate on January 2, 2025. During this initial legal hearing in Manhattan, Kwon pleaded not guilty to an array of serious charges. These charges include securities fraud, wire fraud, money laundering, and commodities fraud, all connected to his pivotal role in the dramatic collapse of the Terra ecosystem in 2022. Background…
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Cryptocurrency
Morgan Stanley’s E-Trade Explores Offering Cryptocurrency Trading Services
In a significant move within the financial sector, Morgan Stanley’s E-Trade is reportedly exploring the possibility of introducing cryptocurrency trading services. According to a report from The Information, the online stock trading giant is evaluating this strategic shift, which could have substantial implications for the broader financial landscape. Strategic Timing and Influences This decision to delve into the cryptocurrency realm is closely linked to the anticipated policies of the incoming…
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Cryptocurrency
Morgan Stanley’s E-Trade Explores Offering Cryptocurrency Trading Services
In a significant shift within the financial sector, Morgan Stanley’s E-Trade is reportedly contemplating the introduction of cryptocurrency trading services. This move, revealed by a report from The Information, marks a pivotal moment as the firm seeks to expand its offerings beyond traditional stock trading. Factors Influencing the Decision The decision to explore cryptocurrency services is closely tied to the anticipated return of US President-elect Donald Trump. The crypto industry…
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