CRYPTOCURRENCY Archives - Page 347 of 350

May 02, 2021

CryptoQuant Data Suggests that Whales Kept Buying Bitcoin Through Last Month’s Dip

According to an on-chain data report from CryptoQuant, Bitcoin (BTC) whales took advantage of the April crash to stock up on BTC. Additionally, the report noted that the prospect for another upward price surge is still very likely, as traders struggle to break the $58k resistance. Following an over...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #WHALE

April 30, 2021

Ripple Soars as Major Shareholder Confirms Possibility of a Public Listing

Ripple (XRP) has recorded a new two-week high, following reports that Ripple still has plans to go public, despite its ongoing legal battle with the US Securities and Exchange Commission. According to Yoshitaka Kitao, CEO of Japanese financial behemoth SBI Group, Ripple plans to become a publicly l...

#CRYPTOCURRENCY #NEWS #RIPPLE #SEC #XRP

April 29, 2021

US SEC Postpones Decision Date for VanEck’s Bitcoin ETF

The US Securities and Exchange Commission (SEC) has announced that its final decision on VanEck’s Bitcoin ETF proposal will suffer a 45-day delay. With this delay, the Grayscale Bitcoin Trust (GBTC) holds a monopoly on institutional investments looking for Bitcoin (BTC) exposure. Grayscale is the p...

#BITCOIN #BTC #CRYPTOCURRENCY #ETF #NEWS

April 28, 2021

Ethereum to Rally as EIB Plans to Launch Digital Bond on the Network

Wednesday’s trading session for Ethereum (ETH) will get dictated by emerging news reports that the European Investment Bank (EIB) could launch a “digital bonds” sale on the Ethereum blockchain. The world’s largest altcoin is well-known for providing support for decentralized finance (DeFi) and dece...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS

April 27, 2021

Glassnode Reports Surge in Bitcoin On-Chain Activities, as Transfer Volume Reaches Record High

Glassnode, an on-chain analytics provider, has posted a weekly activity report for the Bitcoin (BTC) network, noting that several milestones and record highs have gotten triggered for various metrics. The report suggested that the peaks in on-chain transaction volume and fees indicate that the corr...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

April 26, 2021

Binance to List MSTR, MSFT, and AAPL as Stock Tokens

In an announcement earlier today, Binance (BNB) noted that it would be listing some large-cap stocks, including MicroStrategy (MSTR), Microsoft (MSFT), and Apple (APPL), on its platform. According to the announcement, the MSTR/BUSD will get launched first (later today), while the MSFT/BUSD and AAPL...

#Binance Coin #BNB #CRYPTOCURRENCY #NEWS

April 25, 2021

On-Chain Data Suggests Bitcoin’s Bullish Bias Still Intact

Despite the massive plunge suffered over the past week, on-chain data proposes that demand for Bitcoin (BTC) is still intact. The data revealed that the declining number of BTC stored on exchanges and miners’ refusal to sell their coins is indicative that the benchmark cryptocurrency could resume i...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

April 23, 2021

Ripple Price Analysis — April 23

Ripple (XRP) began April on a very bullish note as investors grew more confident in a positive outcome for Ripple in its legal battle with the US Securities and Exchange Commission. However, the entire cryptocurrency market has suffered a massive crash, and investors are finding out that the SEC ca...

#CRYPTOCURRENCY #NEWS #RIPPLE #SEC #XRP

April 22, 2021

Guggenheim Chief Investment Officer: Bitcoin to Drop to $20 – $30k Range

Scott Minerd, the Chief Investment Officer at Guggenheim Partners, has made a gloomy prediction for Bitcoin (BTC). Minerd also holds the title of chairman of Guggenheim Investments, the global asset management and investment advisory arm of Guggenheim Partners. Guggenheim Investments is responsible...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS