If the correlation holds up, Bitcoin price could trail the liquidity index to above $110,000 by January 2025, with a potential correction below $70,000 next.
The cryptocurrency market is going through an interesting phase. Some altcoins are pulling ahead, chipping away from Bitcoin’s dominance, which is currently consolidating around the $97,000 mark. The total market capitalization is around $3.56 trillion. Bitcoin’s Price Rests Around $97,000 Bitcoin’s price has experienced considerable volatility throughout the past week, dropping to a low of
Analysts are expecting Ether and altcoins like XRP to stage a significant rally leading into Trump’s inauguration on Jan. 20, which also marks the last day of SEC Chair Gensler.
Taiwan’s Financial Supervisory Commission (FSC) will enforce new anti-money laundering (AML) regulations for cryptocurrency service providers starting November 30. The upcoming rules require crypto exchanges and other virtual asset service providers (VASPs) to register for AML compliance. AML Framework The deadline for mandatory AML registration for crypto companies was initially January 1, 2025, but the
The 2024 cryptocurrency market witnessed an explosive rally, spurred by Donald Trump’s victory in the Presidential Election. Data suggest that interest in Layer 1 blockchain solutions has soared, as these platforms provide the foundation for dApps and Smart Contracts, intensifying the race for L1 dominance. Unlikely Cryptos Take Center Stage According to the latest report
TL;DR XRP tapped a three-year high, but achieving a new ATH of over $3.84 by Christmas depends on numerous factors. Ripple’s stablecoin, RLUSD, could positively impact XRP’s price if launched soon, but its approval by the NYDFS remains uncertain. A Very Special Christmas for the XRP Army? Ripple’s XRP has been making the headlines in
[PRESS RELEASE – London, United Kingdom, November 29th, 2024] As Bitcoin edges closer to the $100K milestone, the crypto market is preparing for a pivotal new cycle. Historically, BTC surges spark altcoin rallies, with liquidity eventually flowing into the memecoin sector. In this environment, projects with strong narratives and valuable utilities take center stage. Among
Spot Ether ETFs in the United States have hit a record high in daily inflows, surpassing spot Bitcoin ETFs inflows on the same day by around $2.9 million.