Markets
Two crypto market observers raised concerns to CoinDesk over the idea of expanding a potential national strategic reserve to altcoins. What to know: Solana's SOL and XRP surged Thursday after a report suggested Trump might back a strategic reserve of "America-first"…
The trading platform is seeking a $5 billion valuation and could list as soon as the second quarter, the Financial Times said What to know: Trading platform eToro filed to sell shares to the public on the New York Stock Exchange,…
Canary Funds’ litecoin ETF filings were recently amended, potentially indicating that the SEC is engaging with the filing. What to know: The SEC may be engaging with a litecoin ETF filing, say Bloomberg ETF analysts. If that's so, they predict Litecoin…
Japan's headline inflation is at 2.9% year-over-year, at a 3-month high. A hot inflation print could set bitcoin back. What to know: The market is currently pricing a 90% rate hike from the Bank of Japan for the meeting on Jan.…
Wednesday's price action for bitcoin was the fourth time it exceeded the key $100,000 price level. What to know: Bitcoin exceeded $100,000 for the fourth time. The U.S. presidential inauguration on Jan. 20 could be the catalyst for bitcoin to break…
Wednesday's soft U.S. core CPI has opened doors for traders to focus on Trump's swearing in and the possibility of first-day pro-crypto announcement. What to know: The assuaging of inflation concerns clears the way for bitcoin to set record highs as…
XRP's price rise is accompanied by record perpetual futures open interest and surge in trading volumes. What to know: XRP is chalking out gains at the fastest pace since early 2018, according to the RSI oscillator. Record open interest in perpetual…
On Thursday, the cryptocurrency market experienced a slight uptick over the past 24 hours, with litecoin (LTC) emerging as one of the day’s standout performers, achieving double-digit gains against the U.S. dollar. Litecoin Shines In its earlier years, spanning 2013 through…
Growing speculation of a potential spot XRP ETF is one of the factors driving the surge, one crypto analyst said. What to know: XRP surged 11% over the past 24 hours, leading the crypto rally as bitcoin briefly topped $100,000. The…
Benchmark hosted an investor meeting with MicroStrategy’s executive chairman Michael Saylor. What to know: MicroStrategy is targeting a $2 billion perpetual preferred stock offering. The perpetual preferred stock terms have yet to be released, which is expected to be announced in…
XRP’s price is cruising around $3.26 to $3.30 over the last hour, reflecting an 18% gain over the past 24 hours. During this period, trading volume more than doubled to $25.67 billion, while market capitalization swelled to $187.28 billion. The cryptocurrency…
The exchange, which now boasts over one million crypto trading clients, has been expanding its cryptocurrency offerings since 2019. What to know: The exchange’s cryptocurrency trading volume almost tripled in 2024 to record its best performance ever. Bitcoin accounted for nearly…