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The weakness in the AI sector contributed to the crypto market downturn, as spot BTC ETF outflows and isolated selling sent Bitcoin price to a six-month low.

The weakness in the AI sector contributed to the crypto market downturn, as spot BTC ETF outflows and isolated selling sent Bitcoin price to a six-month low.

Michael Saylor, executive chairman and co-founder of Strategy, the largest bitcoin treasury company, denied the rumors of a possible bitcoin sale. At CNBC’s Squawk Box, Saylor stated that Strategy is still buying bitcoin, putting these reports to rest. Michael Saylor Denies Bitcoin Selling Reports: ‘We Are Buying Quite a Lot’ The Facts Michael Saylor dispelled […]

With AI-bubble fears continuing to drag down the crypto market, here's why this is the best new meme coin to buy now.
The post Best New Meme Coin to Buy Today – 14 November appeared first on Cryptonews.

Network activity on the XRP Ledger is exploding and it’s happening at the same time institutional interest hits new highs, making a bullish XRP price prediction hard to ignore.Daily active addresses (DAAs), a key on-chain metric, have surged 40% over the past few days.This spike in on-chain activity suggests growing demand for XRP, especially as […]
The post XRP Price Prediction: Activity on the XRP Ledger Soars – Traders are Watching This Sneaky Reversal appeared first on Cryptonews.

Crypto market today: Canary XRP ETF hits the spot in just a few minutes of launch; SHIB price adds a zero; Czech National Bank becomes first in EU to test crypto.

Earlier on Friday, Bitcoin (BTC), the leading cryptocurrency in the market, retraced further toward the $94,500 mark, intensifying concerns about a potential bear market for the broader digital asset industry.  In light of this, Bitwise CEO Hunter Horsley made some thought-provoking remarks about the current market conditions, suggesting that a bear market cycle has been playing out for the past six months. New Bullish Phase Ahead For Bitcoin? In a post shared on social media platform X (formerly Twitter), Horsley emphasized the shift in market dynamics, stating, “We talk about four-year cycles, but the reality is that model is based on a bygone era of crypto.”  He pointed out that with the advent of Bitcoin exchange-traded funds (ETFs) and a new pro-crypto administr...

Strategy moves $5.7 billion in Bitcoin as its net asset value to its Bitcoin holdings drops below one for the first time, sparking valuation concerns amid marketwide speculation.