Blockchain.com, a cryptocurrency exchange, will disallow XRP trading on its platform, according to a statement from the site. January 14 will mark the site’s last day of XRP trades before the freeze. The statement clarifies that Blockchain.com traders will retain access to the XRP they already have, albeit in a Read more…
Bitcoin’s price is up over 75% in the last month and almost 25% in the last week, to reach the $34,000 mark. The surging price combined with newly minted Bitcoin has resulted in a market capitalization of $638 billion. That’s good enough to make BTC the ninth-most-valuable asset in the Read more…
The San-Francisco-based blockchain company Ripple may still have more issues to deal with, as one of its lead investors involved in the company’s Series C funding has filed a lawsuit following the U.S. SEC’s allegations. Ripple Gets Hit From the Inside According to Bloomberg, on Tuesday (Jan. 5, 2021), Tetragon Read more…
GAIN Capital was the worst performer, having lost $5.2 million in retail traders’ funds, to $217.8 million. Source Author: Aziz Abdel-Qader
The upgrade from the existing Ethereum network to the Ethereum 2.0 blockchain has been much anticipated as it promises to reduce network congestion and lower fees. But it came with a big caveat: While Ethereum users had to lock up or “stake” ETH tokens in a smart contract before the Read more…
Over the last few weeks, XRP has begun to lose its significance in the crypto space as the recent SEC lawsuit against Ripple has caused an adverse impact on the performance of the cryptocurrency. Recent reports have revealed several cases of diverse top exchanges delisting XRP from their trading services, Read more…
Ripple co-founder and one of the biggest XRP whales in history, Jed McCaleb, is entering 2021 with massive profits from selling the digital asset. Despite Ripple’s legal battles with the U.S. Securities and Exchange Commission (SEC), the Ripple co-founder was able to net $411 million in XRP sales throughout the Read more…
The number of addresses holding in excess of 1 million XRP — a signifier of so-called “whales” with significant asset holdings — has fallen more than 8% in the past two weeks. According to new data from Coin Metrics, as of yesterday, the number of addresses with that amount held Read more…
Institutional investors in Grayscale’s Ethereum Trust are set to cash in on a trade set up months ago, and the scramble to cover the Ethereum (ETH) used to do it could push prices even higher. Investors in the Grayscale Ethereum Trust (ETHE) are looking to close out a trade built Read more…
The price of bitcoin has been shooting up over these past few months. At press time, the currency is trading for well over $30,000, though it has fallen about $2,000 from its recent all-time high of about $33,000, and for analysts of JPMorgan, this is probably good news. JPMorgan: A Read more…
CoinShares, a European-based digital asset investment firm, today announced that the company’s XBT Provider line of cryptocurrency exchange-traded products (ETPs) reached record trading volumes on Monday, January 4, 2021. With more than €162M ($202M) in XBT certificates changing hands traded on the market’s first day of trading in 2021, CoinShares Read more…
Sifchain, an omni-chain solution for DEXes built with the Cosmos SDK, has announced that it has successfully deployed Peggy, a Cosmos-Ethereum bridge on its Monkey Bars testnet. Sifchain is a cryptocurrency exchange protocol built on Cosmos SDK and will target 20–25 blockchains (such as Bitcoin, BinanceChain, Polkadot, Ethereum, Stellar, and Read more…
Bitcoin breaks $34K while ether futures continue to gain steam. Source Author: Daniel Cawrey
Skybridge Bitcoin Fund’s assets under management have risen to $310 million. Expecting the cryptocurrency to become a digital replacement for gold, the firm reportedly values bitcoin at $535,000. Skybridge also predicts that bitcoin’s price will reach $100,000 this year. Skybridge Invests $310 Million in Bitcoin New York-headquartered Skybridge Capital is Read more…
WikiLeaks has received a donation of 8.48 BTC, worth over $280,000 at the time it was sent after a British judge ruled that its founder Julian Assange cannot be extradited to the U.S. to face charges of espionage. The bitcoin transaction was first spotted by large transaction monitoring service Whale Read more…
The Ministry of Digital Transformation of Ukraine signed a Memorandum of Understanding and Cooperation with Stellar Development Foundation (SDF) on Dec. 28. SDF announced on Monday, this week, that as per the memorandum they will work on the development of virtual assets in Ukraine. In response, XLM recorded gains, going Read more…
Bitcoin witnessed a solid 8% price spike today, including a $2000 rally over the past few hours alone. While today’s low lies below $30K, the current high reached $34,300 (according to Bitstamp). Incredible. As can be seen on the 4-hour chart below, once Bitcoin breached the marked descending trend-line, the Read more…
This article discusses Chainlink price prediction for the first month of 2021. If you have been thinking of buying some cryptocurrency, then you are in the right place because we will provide you with some of the information you will need. Just read on to find out our analysis and Read more…
The appointment was effective from September 2020, according to Buccellato’s Linkedin profile. Source Author: Aziz Abdel-Qader
Bitcoin’s price action has been quite mixed as of late, with buyers and sellers both vying for control over the cryptocurrency’s trend Over a mid-term time frame, bulls are clearly in control and are showing no signs of letting up to bears anytime soon Where the market trends in the Read more…
This time, cryptocurrency derivatives exchange FTX has listed the stocks of crypto asset funds. The world’s largest asset manager Grayscale Investment’s two popular products GBTC and ETHE are now available to trade on FTX. Both the products currently trade at 17% and 15% premium respectively on the secondary market. Bitwise Read more…
Bitcoin has been jumping like mad as of late. Despite a recent dip, the currency reached a new all-time high during the beginning of the week that saw the asset trading for well over $33,000. In addition, blockchain is reaching record levels when it comes to industry adoption, and according Read more…
Once Bitcoin finally began to cool off, capital began to flow into Ethereum causing an enormous breakout. The rapid rise took the altcoin to an over 50% increase in just two days, but a selloff stopped the token’s booming trend in its tracks. Crypto is bullish, and more upside cannot Read more…
Ethereum has been caught in a wild bout of turbulence these past few days, primarily because of its recent breakout rally that allowed it to gain serious ground against Bitcoin The cryptocurrency has been able to flip the crucial $1,000 level into support, and bulls are in the process of Read more…
MoneyGram, the money transfer company partnered with Ripple, has just dodged a lawsuit connected to allegations of money laundering. In 2018, MoneyGram agreed to pay $125 million to avoid prosecution on charges that top executives failed to prevent money laundering on their platform. A shareholder lawsuit alleging that the top Read more…
SkyBridge Capital, the global investment firm headed by Anthony Scaramucci, the former white house communications director is making rounds for the launch of its new Bitcoin fund, which has already reportedly raked in $310 million exposure to Bitcoin, as noted by the company in a press release. This is a Read more…
This is a guest post by the data science team at Bayer Crop Science. Farmers have always collected and evaluated a large amount of data with each growing season: seeds planted, crop protection inputs applied, crops harvested, and much more. The rise of data science and digital technologies provides farmers Read more…
UK-based investment firm Tetragon Financial Group is suing Ripple, the tech company behind the cryptocurrency XRP, according to a report from Bloomberg. The new suit was prompted by the SEC’s own legal action against the company—the regulator has alleged that XRP is an unregistered security and that Ripple’s sales of Read more…
Thousands of cryptocurrency users have reportedly been the victim of crypto apps that were advertised as legitimate, but secretly contained malware that infiltrated users’ computers and stole information, including cryptocurrency wallet keys. Security firm Intezer Labs discovered and extensively detailed the exploit, which it has dubbed ElectroRAT, in a report Read more…
As we enter into 2021, more and more people are turning into Bitcoiners. The latest one is Nick Maggiulli, the creator of Of Dollars And Data and the Chief Operating Officer at Ritholtz Wealth Management, which has nearly $2 billion in assets under management. In his blog post, Maggiulli admitted Read more…