Crypto news
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Cryptocurrency
Forecast for XRP Price by December 31
As we approach the end of the year on December 31, 2024, the cryptocurrency market is experiencing significant fluctuations. XRP, the native token of Ripple Labs, presents a bearish outlook, suggesting potential further price declines. This trend is not exclusive to XRP, as other major assets such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) are also witnessing downturns, raising concerns about the persistence of this decline. XRP Technical Analysis…
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Cryptocurrency
Could the Price Surge Past $100k?
End of December: A Time for Reflection As December draws to an end, financial expert Crypto Rus offers insights into what the remaining days could mean for Bitcoin and other cryptocurrencies. There was much anticipation for a “Santa Rally,” a term used to describe an expected increase in asset prices during the holiday season. However, the market has shown little movement. Bitcoin experienced a notable spike shortly before Christmas, reaching…
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Cryptocurrency
Could the Price Surge Past $100k?
As the calendar year reaches its conclusion, the cryptocurrency community turns its attention to what the final days of December might hold for Bitcoin and other digital assets. Despite widespread anticipation of a “Santa Rally,” the market has exhibited a rather stagnant behavior. Bitcoin experienced a notable surge just before Christmas, pushing its value to an impressive $100,000. However, it has since retreated and currently stabilizes around the $94,000 mark.…
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Cryptocurrency
Grayscale Expands Top Crypto Selections with 6 New Assets for Q1 2025
As the cryptocurrency landscape continues to evolve, Grayscale, the leading asset manager, has introduced six new cryptocurrencies in its top picks for the first quarter of 2025. This selection is part of Grayscale Research’s ‘Top 20’, a diversified array of digital assets across various crypto sectors, all with significant growth potential in the coming months. New Additions to Grayscale’s Portfolio The fresh entrants to this prestigious list are HYPE, ENA,…
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Cryptocurrency
Grayscale Introduces 6 New Cryptocurrencies to Its Leading Selections for Q1 2025
In an exciting development for cryptocurrency enthusiasts and investors, Grayscale, a leading asset manager, has unveiled its top cryptocurrency picks for the first quarter of 2025. This announcement highlights six new digital assets that have been added to their esteemed list, signaling potential growth and opportunities in the ever-evolving crypto market. As we delve into this report, let’s explore the key elements that make these cryptocurrencies noteworthy. Understanding Grayscale’s Top…
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Cryptocurrency
Hanoi Authorities Confiscate Billions in Cryptocurrency Fraud, Caution Investors
In a significant move to protect the public from financial scams, Hanoi City Police have successfully dismantled several fraudulent virtual currency trading platforms. The operation led to the arrest of key individuals and the seizure of assets valued at billions of Vietnamese Dong (VND), reflecting a crucial step in combating digital fraud. Despite repeated warnings from authorities, these illegal schemes continue to prey on unsuspecting victims. Unveiling the Fraudulent Operations…
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Cryptocurrency
Hanoi Authorities Confiscate Billions in Cryptocurrency Fraud, Caution Investors
In a significant crackdown on fraudulent activities in the virtual currency sector, Hanoi City Police have successfully dismantled several illegal trading platforms. These platforms were found to be involved in scams that deceived unsuspecting investors, leading to the arrest of key individuals and the confiscation of assets valued at billions of Vietnamese Dong (VND). Ongoing Threats Despite Warnings Despite repeated alerts issued by law enforcement agencies, urging the public to…
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Cryptocurrency
What’s Causing Today’s Decline in Bitcoin Prices?
The cryptocurrency market is witnessing notable fluctuations, with Bitcoin experiencing a decline of over two percent recently. On Sunday, Bitcoin reached a low of $92,941, marking a significant moment in its price trajectory. However, the cryptocurrency has since rebounded, trading above the $93,000 mark. According to reports from Santiment, the post-Christmas dip across the crypto markets has sparked a positive trend, with large holders of cryptocurrencies, often referred to as…
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Cryptocurrency
What’s Causing Bitcoin’s Price to Fall Today?
As of the latest analysis, the price of Bitcoin has seen a decline of more than two percent. Recently, the cryptocurrency dipped to a low of $92,941 but has since rebounded, trading above the $93,000 threshold. This movement comes in the wake of a post-Christmas market downturn, which has since shown signs of recovery as per reports by Santiment. A notable trend observed is the movement of stablecoins by large…
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Cryptocurrency
XRP Price Forecast for December 30
Current Market Conditions XRP’s market behavior has been characterized by volatility and indecision, with prices fluctuating without a clear direction. As of now, there is no definitive pattern suggesting a strong trend or reversal, keeping investors and traders on their toes. XRP is currently trading within a potential triangle formation, but it remains uncertain whether this will culminate in an upward or downward breakout. Presently, XRP is priced at $2.10.…
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