XRP Price Prediction: How to avoid a smart money trap
XRP price shows a massive accumulation pattern since May. Accumulation patterns can be referred to as catalysts before flamboyant bull runs occur. XRP price is near a significant resistance barrier which calls for prudent measures.
Bitcoin falls below $19,000, Ethereum tests $1,300 as Fed hikes interest rates to 15-year high
Following weeks of anticipation, the Federal Reserve once again raised the key interest rates on Wednesday by 75 basis points. The impact of this hike was no different than what was expected out of the markets, as the US stock markets dipped into the red after the decision. The crypto market, however, did not react as terribly.
Cardano price: ADA is ready to explode, final stretch before Vasil hard fork
Vasil hard fork is the most ambitious program for Cardano till date, with a complex upgrade and multiple stakeholders. Input Output Global listed several exchanges that confirmed their readiness for Cardano’s Vasil hard fork. Top Cardano dApps have tested and are ready for the update, over 98% of mainnet blocks are being created by the Vasil node.
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IRS says crypto staking should be taxed in response to lawsuit
The IRS stated that rewards from cryptocurrency staking are taxable upon receipt, according to a Bloomberg report on Monday, which stated the agency rejected a legal argument that sought to delay taxation until such rewards are sold or exchanged.
Solana dominates Bitcoin, Ethereum in price performance and trading volume: Glassnode
Solana is up 6% on Monday following a Glassnode report indicating that SOL has seen more capital increase than Bitcoin and Ethereum. Despite the large gains suggesting a relatively heated market, SOL could still stretch its growth before establishing a top for the cycle.
Ethereum Price Forecast: ETH risks a decline to $3,000 as investors realize increased profits and losses
Ethereum is up 4% on Monday despite increased selling pressure across long-term and short-term holders in the past two days. If whales fail to maintain their recent buy-the-dip attitude, ETH risks a decline below $3,000.
Crypto Today: BTC hits new Trump-era low as Chainlink, HBAR and AAVE lead market recovery
The global cryptocurrency market cap shrank by $500 billion after the Federal Reserve's hawkish statements on December 17. Amid the market crash, Bitcoin price declined 7.2% last week, recording its first weekly timeframe loss since Donald Trump’s re-election.
Bitcoin: 2025 outlook brightens on expectations of US pro-crypto policy
Bitcoin price has surged more than 140% in 2024, reaching the $100K milestone in early December. The rally was driven by the launch of Bitcoin Spot ETFs in January and the reduced supply following the fourth halving event in April.
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