Altcoin News Official TheBitTimes.com

XRP has surged past Binance Coin (BNB) to reclaim its position as the third-largest cryptocurrency by market capitalization, driven by short-term buying pressure. As of press time, XRP’s market capitalization had climbed to about $158 billion, overtaking BNB’s $156 billion. The token is trading at $2.63, up 3.43% in the past 24 hours and 12.8% over the past week, marking one of the strongest performances among the top five digital assets. BNB, meanwhile, is trading at $1,123.71, up modestly by 0.55% in 24 hours and 4.35% over the week. Crypto market prices snapshot. Source: CoinMarketCap In October, BNB outpaced XRP, driven by a combination of regulatory relief, exchange support, and growing network activity. For instance, U.S. President Donald Trump’s pardon of Binance founder Changpeng Zhao boosted investor confidence, while Coinbase and Robinhood listings expanded access for U.S. traders. Why XRP price is rallying  Notably, XRP’s surge, in addition t...

Circle’s USDC and Tether’s USDT are the two largest stablecoins in the world, with a combined market capitalization of over $210 billion. However, the two tokens vary significantly in size, with USDT making up approximately $150 billion of that total. From this dominant position, Tether has been able to grow to achieve truly incredible profits, reporting that it earned $13 billion in 2024. This is compared to a mere $156 million for Circle. A portion of this difference comes down to the differences in reserves for the tokens . Read more: Why is Tether 213% bigger than Circle but 8,000% more profitable? For example, Circle maintains far more cash available than Tether — approximately $5.8 billion compared to Tether’s $64 million. This suggests that Tether has access to credit to manage redemptions. Tether is also willing to include certain types of investment in its reserves that Circle avoids, including: Secured loans Corpo...

Stellar (XLM) has emerged as a standout performer in the current short-term cryptocurrency market rally, outpacing some of its rivals, including XRP. At press time, sustained buying pressure has pushed XLM’s price to rally 6.7% in the last 24 hours, trading at $0.26. Similarly, on the weekly chart, the token is also in the green, up over 8%. XLM one-day price chart. Source: CoinMarketCap The price gains have been accompanied by a notable capital inflow, with the XLM market capitalization increasing by about $600 million in the past day. The cumulative 24-hour capitalizations peaked at approximately $8.06 billion before settling at $7.91 billion as of press time. In contrast, XLM’s competitor, XRP, saw a more modest 2.33% increase, trading at $2.10 with a $123 billion market cap.  Both cryptocurrencies focus on facilitating fast and low-cost cross-border payments, but Stellar’s recent momentum suggests increasing investor interest, while XRP’s price movement...

According to Michael Saylor’s latest announcement, the world’s largest bitcoin holding company now owns 528,185 BTC. That is more than 2.6% of bitcoin’s circulating supply. Personally, Saylor also owns at least 17,000 additional bitcoin. Combined, therefore, he and the company he founded own over 2.7% of bitcoin’s $1.6 trillion market capitalization. MicroStrategy, doing business as Strategy, is a highly leveraged speculator on bitcoin’s price. Strategy currently owes $8.2 billion in US dollar-denominated debts. In addition, Strategy has dividend obligations to two preferred series of shareholders, STRK and STRF. Michael Saylor’s Strategy makes up metrics to explain MSTR dilution Read more: Michael Saylor suggests selling kidneys as bitcoin dips below $80K Blessed with an avid fan base of investors who think that the bitcoin-acquiring company is worth more than the bitcoin it has acquired, its MSTR common shares trade at a curious premium to the assets that back ...

  Bitcoin price is holding the key USD 20,000 support. Ethereum is facing resistance near USD 1,250, XRP is consolidating near USD 0.35. APE and BTT are the two best performers today. After declining below the USD 21,000 level, BTC stayed above the USD 20,500 support zone and managed to surpass USD 21,000 again. It is currently (11:47 UTC) trading in a range near USD 21,000 and is down almost 2% in a day and up 2% in a week. Similarly, most major altcoins are stuck above key supports. ETH is back above USD 1,200 but faces hurdles near USD 1,250. XRP is now trading just below the USD 0.35 pivot level. ADA is still at a risk of more losses unless it reclaims USD 0.50. Total market capitalization Source: tradingview.com Bitcoin price After another downside correction, bitcoin price traded below the USD 20,800 level. BTC even tested the USD 20,500 zone, where the bulls took a stand. On the upside, the price is facing resistance near the USD 21,200 zone. The next ma...