News

🏛 US Rep French Hill Discusses Crypto Plans Under New Role

U.S. Representative French Hill outlined his commitment to prioritizing digital asset legislation in 2025. Following his election as the chair of the House Financial Services Committee, Hill emphasized the need for clear regulatory frameworks to support the growing digital asset sector.

As part of his plans, Hill will focus on developing a market structure for digital assets during the first 100 days of his leadership.

🔥 Bitcoin ETF AUM Likely To Surpass Gold ETF By Year-End, Says Expert

Spot Bitcoin ETFs have recorded robust inflows over the past two weeks with BlackRock’s IBIT taking the lead. Last week, the total assets under management (AUM) for the Bitcoin exchange-traded fund (ETF) crossed $100 billion with market analysts expecting it to overtake Gold ETF by the year-end. Notably, for this to happen, the ETF inflows should keep the momentum along with the Bitcoin price surging to fresh all-time highs.

⚖️ Ripple CEO Brad Garlinghouse Highlights Elon Musk’s US SEC Criticism

Ripple CEO Brad Garlinghouse backed Elon Musk, as the Tesla CEO criticized the US SEC. This has gained notable traction from market enthusiasts, especially after Chair Gary Gensler recently targeted Elon Musk. On the other hand, the prolonged legal battle between Ripple and the agency has also fueled discussions in the market amid anticipation over a pro-crypto regulatory environment in the US.

Markets

📊 Crypto Prices Today Dec 14: BTC Surges Above $102K, Virtual Rises 16%, Core Gains 10%

The crypto market looks bullish as Bitcoin (BTC) started trading above $102,000. Major altcoins are trading with 2% to 5% gains in the last 24 hours. Virtual Protocol (VIRTUAL) and Core (CORE) emerged as the top gainers, with 16% and 10% surges, respectively.

The global crypto market cap stands at $3.66 trillion, reflecting a 2% gain in the last 24 hours. However, the trading volume is down by 20%, currently at $173 billion. Let’s look at some leading cryptocurrencies by market cap and their price movements today.

💹 Ethereum Price Action Is Bullish Unless ETH Breaks $3,700 Support, New ATH Soon?

After the recent bounce back, the Ethereum price continues to face strong resistance around $4,000 with investors waiting on the sidelines for a bullish breakout. With ETH flirting around $3,900 again, investors are cautious about another pullback. However, on-chain metrics indicate strength hinting at upward momentum ahead.

🚀 Bitcoin Price Today: Will BTC Crash Before $150K?

Regardless of the recent crashes, Bitcoin price today is up 1.09% and trades at $101,066.0. As mentioned in a previous CoinGape article, Bitcoin bounced off $99,690 support level, suggesting that the bulls are in control. Is this bounce, bullish or is it manipulation ahead of the weekend with low volume and liquidity?