Grayscale Investments Begins Dissolution of XRP Trust Citing Ripple SEC Suit
Cash proceeds from the Trust’s liquidated XRP will be distributed to Trust shareholders, Grayscale said.
Cash proceeds from the Trust’s liquidated XRP will be distributed to Trust shareholders, Grayscale said.
Back in October, one trader made a long-shot bet that bitcoin would hit $36,000 by January. It paid off in a spectacular way.
DeFi tokens are attracting investors as bitcoin's rally fades and new protocols are updated.
Durante el año 2020, Colombia experimentó un gran incremento del uso de criptomonedas como reserva de valor y con fines transaccionales.
In 2020, Colombia saw a major boost in crypto use, both as a store of wealth and as a means of transaction.
The partnership is designed to lower the high cost of entry for would-be bitcoin miners.
Though bitcoin's rally has lost some steam, many traders are still in a bullish mood – and shifting to alternative cryptocurrencies known as "altcoins" whose prices have yet to clear all-time highs from years past.
The BTCetc bitcoin ETP (BTCE) tracks the price of bitcoin and is physically backed.
Some are now forecasting an extension of Monday's 20% price drop as more bitcoin moves onto exchanges and institutional demand cools.
The ETF is planned to be listed on the Toronto Stock Exchange (TSX) under the ticker "BIT.U.”
Global head of commodities research Jeff Currie believes the amount of institutional money in bitcoin needs to grow to mature the asset.
Bitcoin and ether may be pulling back from their all-time highs but alternative cryptos are starting to see action.
Bitcoin’s price has ridden a roller coaster on lower spot volume while options traders are ready to bet on ether FOMO.
A bogus video on Chinese social media has intensified a long-standing feud involving Binance, Huobi and OKEx.
$14.5 billion in bitcoin options have traded on Deribit in the first two weeks of 2021.
Volume on eight trusted exchanges used by CoinDesk hit $239.98 billion in Q4 2020, up from $90.08 billion in the prior quarter.
Record trading volumes have accompanied bitcoin's rally this year, and subsequent swoon, offering a healthy sign of just how much price discovery is taking place in rapidly growing (to $3T?) cryptocurrency markets.
Grayscale's ether and XRP trusts are still closed to new investors.
Some bitcoin traders are buying bullish call options at $52,000 and higher strike prices.
Bakkt says cryptocurrencies could be a $3 trillion market by 2025, a five-fold increase.
Bitcoin's active addresses and trading volumes broke their previous all-time high set in late 2017.
Bitcoin’s huge sell-off by over $8,000 in the past 24 hours while options traders clearly are betting that ether is overvalued.
Having smaller orders in essence fools the market into thinking there is not much interest at those price levels when in fact there is.
Monday's plunge has erased almost all the gains the leading cryptocurrency had achieved in the new year.
The previous record of 1.5 billion USDT was set the week before last.
Crypto euphoria gets a reality check as bitcoin and ether tumble, though XRP is still trading well as SEC-inflicted damage proves limited.
Bitcoin's crash Monday came alongside a bounce in the Dollar Index.
Bitcoin fell sharply early on Monday, having failed to establish a foothold above $40,000 over the weekend.
The company had a total value of $6.2 million a year ago.
The latest OCC statement, which opens the door for banks to use blockchains to validate payments, hints at more than just better services.