XRP is often used as a means of payment by financial institutions and other businesses, and it has gained popularity due to its perceived advantages over other cryptocurrencies, such as faster transaction times and lower fees. Bitcoin, the world’s first and most valuable cryptocurrency, continues to dominate the digital asset landscape with a market capitalisation exceeding $4 trillion as of January 2025. Created in 2008 by the pseudonymous Satoshi Nakamoto, this decentralised digital currency operates on a peer-to-peer network, with millions of users worldwide and increasing institutional adoption. A hack is an event in which an attacker captures a large volume of the asset from a DeFi bridge or hot wallet of an exchange or any other crypto platform via exploits, bugs or other methods.
How crypto market makers impact prices and market?
Bitcoin has surged to a new all-time high – breaking through $111,000 for the first time. The world’s biggest cryptocurrency has had a volatile 2025 to date but there are reasons to believe some further momentum is likely. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned.
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Dogecoin has yet to hit its previous $0.74 all-time high from 2021, but nevertheless, $1 has remained the target for… Samson Mow, a Bitcoin expert and the Chief Executive Officer (CEO) of JAN3, a BTC-focused infrastructure firm, has shared a… Stay ahead of the curve with authentic news, sharp analysis, and exclusive in-sight reports only on The Crypto Times. “These are markets that tend to move on momentum so you need to be extraordinarily cautious with it,” she told the BBC. A number of key events besides Trump’s victory in the election have helped boost investor confidence that its value will keep going up.
Over $300 million worth of leveraged derivatives positions were liquidated across centralized exchanges in the past four hours, according to CoinGlass data, as crypto prices plunged following the news. XRP slipped more than 2% on Wednesday as VivoPower announced plans to become the first publicly traded company to adopt XRP as a treasury reserve asset. The announcement follows the company’s completion of a $121 million private offering. Bitcoin showcases a bullish outlook, while bulls knock on the immediate resistance at $110,000. Bullish market sentiment could support the uptrend, targeting another breakout past the all-time highs. Bitcoin’s stint at the new all-time highs was short-lived when US President Donald Trump threatened to impose a 50% tariff on the European Union (EU), triggering a weekend sell-off to $106,600.
- However, recoveries characterized the trading on Monday after President Trump delayed the implementation of the tariff on the EU until July 9.
- Transactions on the blockchain, the technology that powers cryptocurrencies, are permanent.
- The SEC approved several spot Bitcoin exchange traded funds (ETFs) allowing giant investment firms like Blackrock, Fidelity and Grayscale to sell products based on the price of Bitcoin.
- Covering topics like altcoins, regulations, NFTs, DeFi, and blockchain technology, we provide accurate insights and price analysis to keep readers informed.
- HAEDAL spiked sharply then consolidated; holding $0.17 support is key as traders watch for a potential bullish rebound or deeper drop.
- “Growing concerns over the US economy, driven by the Moody’s downgrade and the resulting spike in treasury yields, have prompted investors to seek diversification through digital assets,” the CoinShares weekly report states.
First lady Melania Trump also launched a cryptocurrency on the eve of the inauguration. The move was criticised by several people in the crypto industry, with some calling it “a stunt”. According to crypto trading platform Coinbase, $Trump jumped by more than 70% after the announcement. But it remains well below the record high of more than $74 (£42.40) reached shortly after its launch in January. Recently, a senior Dogecoin holder claimed to have made a profit of up to $17,700 through cloud mining in just… XRP, the native token of the XRP Ledger, is currently trading at $2.28, up 2.27% in the past 24 hours….
The country’s minister of state for blockchain and crypto announced the plans in the U.S. on Wednesday. Those funds will be stocked with coins forfeited to the federal government as part of criminal or civil proceedings. Meme coins are often used by speculators to make money or to allow fans to show support to a celebrity or moment in internet culture. “Coinbase will never ask for your password, 2FA codes, or for you to transfer assets to a specific or new address, account, vault or wallet,” it said. A report from research firm Chainanalysis suggests funds stolen from crypto businesses totalled $2.2bn in 2024. In a blog post, Coinbase said the criminals had gained access to “less than 1%” of its customer data, which they then used to impersonate the firm and trick people into handing over their crypto.
Speaking at Bitcoin 2025 in Las Vegas on Wednesday, Adams said getting rid of the https://ai-robert.com/1-oz-of-gold-how-many-grams/ BitLicense will “allow us to have the free flow of Bitcoin in our city.” Large holders are shifting from accumulation to distribution as market is in rangebound levels. One company called Strategy now has a war chest of 576,230 BTC worth $63bn – resulting in handsome profits of more than $23bn.