Crypto News

The company is holding true to its audacious 'HODL' strategy with now its ninth consecutively weekly buy.Source link

The crypto market surged to record levels in 2024, driven by institutional adoption, resulting in a new all-time high for bitcoin. Historic Market Cap for Cryptocurrencies The cryptocurrency market reached a significant market cap of $3.91 trillion in December 2024. Bitcoin‘s recent all-time high of $108,364, institutional acceptance through key BTC acquisitions, and increasing regulatorySource link

Yat Siu has seen a lot in his decade of investing in crypto as a venture capitalist.The Hong Kong-based venture studio and game developer Siu co-founded, Animoca Brands, has grown to be one of the most powerful names in Web3 culture, with data provider CoinGecko pegging the market cap of tokens issued by Animoca's portfolio companies at more than $45 billion.But the crypto winter of 2022-23 proved to be a tough test for Animoca, with many of the tokens from its companies down nearly 90%. At the depths of these dark times in February 2023, the Financial Times even wondered if Animoca could survive.Times have changed, of course. The price of bitcoin surged over 120% in 2024, the U.S. has...

Sentiment remains “mixed” following the Fed's December meeting and the holiday season, but according to some, the trend remains intact.Source link

Ripple’s XRP is currently trading at $2.43, boasting a market capitalization of $136 billion, a 24-hour trading volume of $3.8 billion, and an intraday fluctuation between $2.36 and $2.46. XRP On the daily chart, XRP continues to exhibit a bullish resurgence following its extended phase of lateral consolidation. Resistance at $2.50 remains a critical level,Source link