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Expectations around XRP reaching the $100 price level have circulated within the crypto industry in the past few months, often resurfacing during periods of strong bullish momentum. As 2025 draws to a close, those expectations are facing reevaluations.  Despite intermittent rallies during the year and strong conviction among long-term holders, XRP is currently trading far from triple-digit territory. This gap between optimism and market reality has pushed some voices within the XRP community to reassess timelines to reach such a valuation. Zach Rector Pushes The $100 XRP Perspective To 2030 One of the most notable revisions comes from Zach Rector,…

Bitcoin (BTC) charged toward $90,000 during the early Asia trading hours on Monday as a key market metric suggested a “tactical” upside potential for BTC price. Key takeaways:Bitcoin is up 6.5% from recent lows, fueling “Santa Rally” hopes with targets up to $120,000. Short liquidations are dominating, which can provide fuel for the bulls. Bitcoin price must not fall below $84,000 for a sustained recovery. BTC/USD daily chart. Source: Cointelegraph/TradingView”Santa rally” talk returns as BTC gains $5,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting an intra-day high of $89,850, up 6.5% from a local low of $84,400.Bitcoin is “looking for…

The number of bullish bitcoin BTC$89,127.04 bets raised with borrowed funds continues to rise on Bitfinex, one of the oldest cryptocurrency exchanges. The so-called margin long positions have risen to roughly 72,700 BTC, the highest since February 2024, according to data source TradingView. The tally has increased from around 55,000 BTC since October, indicating a persistent dip buying operation throughout the price slide to $89,000 from over $126,000. At one point in November, prices hit a low of nearly $80,000 on some exchanges. The buildup in long exposure highlights confidence among traders even as bitcoin is on track for three…

Gold surged to record, bringing cheer to digital tokens backed by the metal traditionally seen as a haven investment.XAUT$4,412.65, the largest gold-backed token by market value, rose to an all-time high of $4,425 while PAXG (PAXG) and kineses gold (KAU) also rose, lifting the total market value of gold-backed tokens to $4.38 billion. “The message is clear. Investors are still hedging macro uncertainty rather than leaning aggressively into risk. That divergence continues to cap enthusiasm for crypto, even as liquidity conditions improve,” BRN’s head of research Timothy Misir, said in an email. Bitcoin, referred to by some followers as digital…

The crypto market is bracing for a massive structural reset on Friday, with billions of dollars worth of bitcoin BTC$89,750.78 and ether ETH$3,041.17 options set to expire on Deribit.This colossal “Boxing Day” event, named for the holiday observed in many countries on Dec. 26, will see $23.6 billion in bitcoin options and $3.8 billion in ether options expire, that is they stop trading and are settled. These figures reflect the dollar values of active options contracts at press time, with each contract representing 1 BTC or 1 ETH.According to Deribit, the expiry, which affects more than 50% of the total…

The bankruptcy court-appointed administrator of the Terraform Labs collapse is suing Jump Trading, accusing the high-speed trading company of illegally profiting from and contributing to the $40 billion crash, according to the Wall Street Journal.Todd Snyder, tasked with winding down what remains of the crypto empire, is seeking $4 billion in damages from the trading company, its co-founder William DiSomma and Kanav Kareiya, who began as an intern and rose to become the platform’s president. Terra’s Post-Chapter 11 X account confirmed WSJ’s story in a post on X on Friday“Jump Trading actively exploited the Terraform Labs ecosystem through manipulation, concealment,…

The bitcoin price dropped sharply today after a brief pump near $90,000, sliding to $84,544 as the price sell-off continued into its second month.  Bitcoin lost 2% over the past 24 hours. It remains 5% below its seven-day high of $89,220 and hovers near the week’s low of $84,596. Trading volume reached $56 billion. Bitcoin’s market capitalization stands at $1.69 trillion. The circulating supply is roughly 19.96 million BTC out of a total 21 million, according to Bitcoin Magazine Pro data.  The drop follows a brief rally that earlier saw the Bitcoin price test $89,000. The surge came after the…

By Francisco Rodrigues (All times ET unless indicated otherwise)Bitcoin BTC$88,017.36 rose above $88,000 even after the Bank of Japan increased interest rates to the highest in nearly 30 years, a move that would have been expected to strengthen the yen and make the carry trade less attractive. Instead, the currency weakened on concerns the higher rates would endanger the spending plans of Prime Minister Sanae Takaichi, who took office in October. The yield on the 10-year Japanese government bond touched 2% for the first time since 2006.Other cryptocurrencies also advanced. Ether ETH$2,957.65 added 3.4% in the last 24 hours, though…

The U.S. Securities and Exchange Commission has charged Danh C. Vo, founder and CEO of bitcoin mining company VBit Technologies Corp., with defrauding investors out of $48.5 million.  According to the SEC, Vo misused the funds for gambling, cryptocurrency purchases, and gifts to family members, while misleading investors about the operations of his business. The complaint, filed in the U.S. District Court for the District of Delaware, alleges Vo raised over $95.6 million from approximately 6,400 investors between December 2018 and February 2022.  He sold “hosting agreements,” which promised investors a share of profits from bitcoin mining rigs operated by…

Bybit says it is returning to the United Kingdom after a two‑year pause with a new UK platform offering spot trading on 100 pairs and a peer‑to‑peer venue. The Dubai‑based exchange shut off local UK customers in late 2023 when the Financial Conduct Authority’s (FCA) tougher financial promotion rules kicked in. According to a press release shared with Cointelegraph, the service is being rolled out under a promotions arrangement approved by Archax, an FCA‑authorized firm, rather than via Bybit’s own registration or authorization in the UK.Tailored UK products “transparent” and “compliant”Bybit pitches the reboot as a way to comply with a…