News
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Bitcoin Whale Wallets Swells: Addresses Holding More Than 100 BTC Spikes Rapidly
A remarkable shift in sentiment and activity has been spotted among Bitcoin’s large investors also known as whales, especially wallet addresses holding more than 100 BTC in spite of recent price fluctuations, sparking discussions about the next trajectory of BTC’s price.
Ripple's XRP eyes massive rally after posting bullish flag, high profit-taking poses threat
Ripple's XRP continued its rally on Wednesday as it looks to test the upper boundary of a key flag channel. Following the recent price rise, investors booked profits worth nearly $800 million while options traders bet on the remittance-based token hitting the $5 mark.
Pro-crypto Lana Negrete appointed mayor of Santa Monica, California
Lana Negrete, popularly known for her pro stance on crypto, has been officially appointed as the mayor of Santa Monica, California. The Bitcoin enthusiast will now be part of the Trump administration that endorsed the crypto industry during the presidential election campaigns earlier this year.Cryptopolitan
Wed, Dec 11
Tron Forms Massive Bull Flag After Smashing ATH; Hedera and Lunex Network Continues Upsurge To $1
From pricing in a bearish and stagnant phase to finally forming a steep flag pole to surpass its ATH, Tron (TRX) has displayed one of the most impressive price movements this year. Its recent growth surge has put it on the radar of cryptos to buy this year. Meanwhile, investors are also paying attention to […]Cryptopolitan
Wed, Dec 11
Bitcoin retakes $100k after US inflation data and Trump’s promise to keep his eye on price
Bitcoin has crossed the $100,000 mark again. Ethereum followed with a 4% rise, though it remains shy of the critical $4,000 resistance level. Crypto-linked stocks got a lift too. Coinbase shares rose 4%, while MicroStrategy surged 8%, showing resilience even as most remain in the red for the week. The rally comes ahead of the […]Cryptopolitan
Wed, Dec 11
Who falls first in the trillion dollar gamble? Bitcoin or MicroStrategy?
The war between Bitcoin and MicroStrategy is heating up. The company’s entire strategy, and perhaps its existence, is tied to Bitcoin’s unpredictable market. With a trillion dollars on the line, the stakes couldn’t be higher. MicroStrategy has dumped $25.6 billion into Bitcoin since 2020, scooping up 423,650 BTC at an average price of $60,324 per […]Cryptopolitan
Wed, Dec 11
Andrew Sorrell, Alabama’s auditor general, says yes to state strategic Bitcoin reserve
The Alabama state auditor general, Andrew Sorrell, called on Alabama to lead other states in establishing strategic Bitcoin reserves. He noted that the price of Bitcoin had gained over 50% since the U.S. elections, and Trump's enthusiasm for crypto signalled strong federal support.Cryptopolitan
Wed, Dec 11
Goldman Sachs wants to invest in Bitcoin and Ethereum
Goldman Sachs is eyeing the Bitcoin and Ethereum markets. CEO David Solomon said the Wall Street firm is ready to “evaluate” its entry, but only if regulators clear the path. Solomon made the statement during a Reuters event on Tuesday. His comments come as Bitcoin hit over $100,000 last week, driven by optimism about crypto’s […]Cryptopolitan
Wed, Dec 11
U.S. Treasury yields remain largely unchanged as CPI rises to 2.7%
U.S. Treasury yields remained largely unchanged Wednesday as investors embraced the rising CPI data. The consumer inflation figures are pivotal for investors and could pave the way for the Federal Reserve to cut interest rates next week.Cryptopolitan
Wed, Dec 11
Will the FED cut rates tomorrow? Here’s what the inflation data is pointing to
A FED economic report, expected to be released on December 12, could highlight stalled progress in curbing inflation in the United States. Economists are uncertain whether the data will dissuade the Federal Reserve from implementing a widely expected interest rate cut during its policy meeting next week. According to recent updates from Trading Economics, the […]Cryptopolitan
Wed, Dec 11
Fortnite enters its FPS era with Ballistic mode
Fortnite’s new Ballistic mode, launched in its early access period, is turning it into a traditional shooter game. According to a Forbes report, the new Fortnite Ballistic mode competes with Call of Duty-type genres, not to mention players have also started calling it “CODnite” or “FortCOD” on X. FORTCOD 🔥👀 — 81 Real (@real_818) December […]Cryptopolitan
Wed, Dec 11
BNB and SUI Breaks Out of Consolidation, Rallying to Catch Up With This Altcoin Explosive Gains
After a long-standing consolidation for Binance (BNB) and Sui (SUI), both top cryptocurrencies are reflecting a triumphant victory over consolidated patterns. Binance has bolstered its new bullish formation with a new token called MOVE, signaling as one of the top altcoins to watch. On the other hand, Sui network has been on a development journey […]Cryptopolitan
Wed, Dec 11
