XRP Market Cap Surfaces Over $100 Billion Amid Legal Optimism and Bullish Sentiment

The post XRP Market Cap Surfaces Over $100 Billion Amid Legal Optimism and Bullish Sentiment appeared on BitcoinEthereumNews.com. Ripple’s market cap has soared past $100 billion, driven by bullish sentiment and renewed legal optimism surrounding XRP. In the last 24 hours, XRP saw a remarkable 21.08% surge, pushing its market cap to $108.22 billion and […]

Stablecoin Market Capitalization Nears $200 Billion — Bitcoin Price To Resume Rally?

The latest on-chain data shows that the stablecoin market is nearing a new milestone in terms of valuation. Here’s how the increasing liquidity could impact Bitcoin and the general cryptocurrency market. Can The Increasing Stablecoin Cap Push Bitcoin Price To $100,000? Market intelligence platform IntoTheBlock has revealed in its weekly report that the stablecoin market […]

$5B Raised, $3.6B Spent on Upgrades in 2024

The post $5B Raised, $3.6B Spent on Upgrades in 2024 appeared on BitcoinEthereumNews.com. Bitcoin miners raised over $5 billion in 2024, allocating $3.6 billion to upgrading hardware and infrastructure, including new mining sites and technology. This investment aligns with the Bitcoin network’s hashrate surge, reaching a record 790 EH/s despite the halving event earlier this […]

Brazil’s Central Bank Proposes New Regulations on Foreign-Backed Stablecoins, Impacting Crypto Withdrawals

The post Brazil’s Central Bank Proposes New Regulations on Foreign-Backed Stablecoins, Impacting Crypto Withdrawals appeared on BitcoinEthereumNews.com. Brazil’s Central Bank is instituting new regulations that could restrict withdrawals of foreign-backed stablecoins to self-custody wallets. The initiative aims to align crypto operations with traditional financial regulations while addressing risks related to investor protection. Analysts warn that […]

This Solana (SOL) Alternative Below $0.15 is Set to Rise to $4.5 in Only 6 Weeks

The post This Solana (SOL) Alternative Below $0.15 is Set to Rise to $4.5 in Only 6 Weeks appeared on BitcoinEthereumNews.com. With its high-speed blockchain and outstanding distributed exchange (DEX) volume, Solana (SOL) has created waves in the crypto sector and become a major participant. Solana’s DEX exceeded $100 billion in November 2024, attesting to […]

Russia Advances Crypto Taxation Bill, Awaiting Putin’s Signature

The post Russia Advances Crypto Taxation Bill, Awaiting Putin’s Signature appeared on BitcoinEthereumNews.com. Russia is one step closer to implementing a comprehensive framework for taxing cryptocurrency transactions and mining. Its Federation Council approved a federal bill on November 27, following its passage in the State Duma. The legislation, which awaits President Vladimir Putin’s signature to […]

HBAR’s next rally – Can the altcoin push past $0.188 on the charts

The post HBAR’s next rally – Can the altcoin push past $0.188 on the charts appeared on BitcoinEthereumNews.com. HBAR’s breakout from the descending channel signaled a potential trend reversal and golden cross Rising social dominance and Open Interest alluded to market confidence At the time of writing Hedera [HBAR] was trading at $0.1703, up 14.60% […]

5 Best Meme Coins to Buy in December 2024 for Massive Returns in 2025

The post 5 Best Meme Coins to Buy in December 2024 for Massive Returns in 2025 appeared on BitcoinEthereumNews.com. The world of meme coins isn’t just fun and games—it’s where fortunes are made, and 2024 is proving that more than ever. From Dogecoin’s iconic trends to BTFD’s bold bull market entry, meme coins have redefined […]

NFT sales dip to $146.5m: Ethereum, Bitcoin network recover

The post NFT sales dip to $146.5m: Ethereum, Bitcoin network recover appeared on BitcoinEthereumNews.com. As Bitcoin continues to face resistance near the $100,000 mark, the NFT market has experienced a 1.6% drop, with total sales volume settling at $146.5 million. While Bitcoin (BTC) trades at $96,800, Ethereum (ETH) has shown strength by surging 3.5% in […]

Ripple Set to Launch RLUSD Stablecoin Amid Regulatory Challenges and Market Volatility

The post Ripple Set to Launch RLUSD Stablecoin Amid Regulatory Challenges and Market Volatility appeared on BitcoinEthereumNews.com. Ripple Labs is on the cusp of launching its regulated stablecoin, RLUSD, with New York Department of Financial Services (NYDFS) approval anticipated as early as December 4, 2024.  This development signals Ripple’s strategic entry into the highly regulated […]