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Source: Invezz News Agency
2 weeks ago
Cryptocurrency Medium Importance

Bitcoin just lost two major tailwinds: why $75K matters more than today's Fed hike

Bitcoin heads into Wednesday's Federal Reserve decision without two tailwinds bulls hoped would carry it back above $80,000. The cryptocurrency briefly fell below $75,000 after the US Senate failed to advance the CLARITY Act, while markets moved towards near-certainty that the Fed will raise rates by 25 basis points. Bitcoin later recovered and is now trading near $75,500. That rebound makes one level more important than the expected policy move. If buyers defend $75,000 after regulatory disappointment, 5% Treasury yields and tighter policy have already been absorbed; the reaction could reveal more about underlying demand than the Fed headline.

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Source: Invezz
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Source: Bitcoin.com News News Agency
2 weeks ago
Cryptocurrency Medium Importance
Grayscale Makes XRP a Core Holding in New Crypto Model Portfolios

Grayscale Makes XRP a Core Holding in New Crypto Model Portfolios

Grayscale has made its XRP ETF one of the largest allocations across its new crypto model portfolios for financial advisors. The XRP fund ranks second only to Grayscale's ether ETF in the bitcoin-excluding Next Gen strategy and third behind its bitcoin and ether funds in the broader Leaders model.

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Source: Bitcoin.com News
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Source: Benzinga News Agency
2 weeks ago
Cryptocurrency Medium Importance
Bitcoin, Ethereum, XRP, Dogecoin Sink Amid Crypto Bill Failure, Rate Hike Expectations: Analyst Says 'Don't Chase' BTC Bottom, Shares Level They Are Watching

Bitcoin, Ethereum, XRP, Dogecoin Sink Amid Crypto Bill Failure, Rate Hike Expectations: Analyst Says 'Don't Chase' BTC Bottom, Shares Level They Are Watching

Leading cryptocurrencies tumbled on Tuesday as investors reacted to the CLARITY Act's failure in the Senate and growing expectations of an interest-rate hike Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:26 p.m. EDT) Bitcoin (CRYPTO: BTC) -2.70% $75,843 Ethereum (CRYPTO: ETH) -4.46% $2,403.67 XRP (CRYPTO: XRP) -9.37% $1.28 Solana (CRYPTO: SOL) -5.20% $97.14 Dogecoin (CRYPTO: DOGE) -4.39% $0.08012 Crypto Market Plunges Bitcoin sank below $74,000, alongside a 27% drop in 24-hour trading volume.

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Source: Benzinga
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Source: Bitcoin.com News News Agency
2 weeks ago
Cryptocurrency Medium Importance
XRP Branding Comes to Louisville Basketball in New Ripple Deal

XRP Branding Comes to Louisville Basketball in New Ripple Deal

Ripple has signed a multi-year partnership with the University of Louisville athletics program that will place XRP branding on the school's basketball court. The XRP logo will appear permanently on Denny Crum Court at the KFC Yum! Center, where Louisville's men's and women's basketball teams play home games.

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Source: Bitcoin.com News
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Source: BeInCrypto News Agency
2 weeks ago
Cryptocurrency Medium Importance AI Analyzed
Ripple Shows How XRP Survived CLARITY Act Setback, MicroStrategy Says Bitcoin Never Needed It

Ripple Shows How XRP Survived CLARITY Act Setback, MicroStrategy Says Bitcoin Never Needed It

Ripple and MicroStrategy told investors nothing legal changed for XRP and Bitcoin (BTC) after the Senate blocked the CLARITY Act on Tuesday. The bill would have written crypto's US market rules into federal law.

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Source: BeInCrypto
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Source: Bitcoin.com News News Agency
2 weeks ago
Cryptocurrency Medium Importance AI Analyzed
Ethiopia's Bitcoin Mining Boom Just Ran Into a Water Problem

Ethiopia's Bitcoin Mining Boom Just Ran Into a Water Problem

Ethiopia has cut electricity deliveries to bitcoin miners by 75%, leaving them with just 23% of contracted power after El Niño reduced reservoir inflows by roughly 20%. The twist is that miners had become one of Ethiopian Electric Power's biggest customers, consuming roughly a third of its electricity and supplying about 35% of revenue.

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Source: Bitcoin.com News
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