Ethereum starts Saturday with a breakout above $4100, the highest level since December 2021. Only 17% remains until a new ATH. In the last 60 minutes, short positions in ETH worth $110,000,000 have been liquidated. In the last month, whales purchased over 1.80 million Ethereum. With over 36 million coins currently staked, the increase in demand is causing a shortage, which affects price growth.
Cryptocurrency prices today: Ethereum approaches $4,000, XRP rises after the SEC case is concluded
Cryptocurrency prices in the broader market on Friday surpassed Bitcoin, largely offsetting sharp losses from the previous week. The second-largest cryptocurrency in the world, Ethereum, rose by 5.6% to $3,902.01 and was just steps away from record highs of over $4,000 set in 2021.
Bitcoin and cryptocurrencies rise after Trump's directive on alternative assets
Trump's directive paves the way for alternative asset managers to gain a larger share of the vast American retirement savings market. The directive will also make it easier for investors to access alternative assets in their defined contribution retirement plans. Trump stated that excessive regulation and litigation risks have hindered retirees from achieving potentially higher returns on their investments. However, critics warn that investments in alternative assets are inherently riskier, making them less suitable for long-term stability.
The SEC and Ripple jointly rejected appeals, putting an end to a five-year legal battle. The move towards settlement has been a major catalyst for the rise in XRP prices in recent months, climbing nearly 99% from the bottom of 2025 at $1.79 on April 9 to a peak of $3.56 on July 22. 🔼In the last 24 hours, XRP has risen by more than 12% and is currently continuing its upward movement.
🐂Trump has officially signed an order opening the $12.5 trillion 401(k) retirement savings market for cryptocurrency investments.
🏦David Sachs stated that after today's executive order from President Trump, more than 90 million workers in the U.S. will gain full access to invest in alternative assets, including cryptocurrency.
📊ETF Report: On August 7, approximately $277.4 million was invested in Bitcoin ETFs and $222.3 million in Ethereum ETFs. As the inflow continues, the price growth of BTC and ETH will persist. $XRP $BTC $ETH #сша #Binance
A Red Packet (red envelope) is a Binance Pay feature that allows you to send gifts in cryptocurrency to friends. You can create a red envelope with a random or fixed amount of tokens and share it with a group of friends. Friends can receive cryptocurrency using a code in the app or on the Binance website. There are many people in posts who have them, and I want to share this with you.
How institutional investors differ from retail ones. Why do some accumulate Ethereum while others shy away from it? The rise in Ethereum quotes in recent months indicates growing institutional demand in the absence of interest from retail traders. As reasons, experts surveyed by Decrypt pointed to a lack of capital, unequal access to information, and the difference in strategy between the two groups of investors.
Selling cryptocurrency in August could be a fatal mistake
Selling cryptocurrency in August could be a fatal mistake, the most unsuitable month for selling. The hype around Trump's tariff war is no longer taken seriously. The pause on import tariffs announced by Donald Trump ends on August 7. The deadline is a traditional leverage in negotiations. At the same time, VirtualBacon believes that the upcoming news on tariffs will not have as fatal an effect on the market as many expect.
With the new year approaching, where do you think Bitcoin will go next? Drop your prediction for this week's $BTC closing price in the comments of this post 👇 🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC) ‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.