Cryptocurrency News Archives - Page 1078 of 1677

Guggenheim Fund Seeks $500M Worth Exposure in BTC via Grayscale Bitcoin Trust

By Bhushan Akolkar Nov 30, 2020 • 3 mins read

In its filing with the US SEC, Guggenheim says that it wants to facilitate a 10% exposure from its $5 billion Macro Opportunities Fund, to Bitcoin. The investment, however, will happen through the Grayscale Bitcoin Trust and could be the biggest institutional investment after MicroStrategy.

Bitcoin News, Cryptocurrency News, News

Institutional Buying Can Push Bitcoin (BTC) Price to $250K, Says Investor Raoul Pal

By Bhushan Akolkar Nov 28, 2020 • 3 mins read

Investor Raoul Pal notes that institutional purchases are storing Bitcoin in cold storage creating a supply squeeze. This will propel BTC price to new highs with a wide gap in demand and supply.

Altcoin News, Business News, Cryptocurrency News, FinTech News, News

Ripple to Cash Out 33% of Its Stake from Payments Giant MoneyGram

By Bhushan Akolkar Nov 28, 2020 • 3 mins read

It comes only a year after Ripple announced its partnership with MoneyGram getting a 17% stake in the company’s outstanding shares. Over the last year, Ripple has reportedly paid around $52 million to MoneyGram.

Blockchain News, Business News, Cryptocurrency News, Deals News, Internet of Things News

IOTA and Bitpanda-Backed Pantos Join Efforts to Launch Christian Doppler Laboratory in Austria

By Darya Rudz Nov 27, 2020 • 3 mins read

The official opening of the Christian Doppler Laboratory took place yesterday, with the Austrian Federal Minister for Digital & Economic Affairs Margarethe Schramböck attending the event.

Altcoin News, Bitcoin News, Cryptocurrency News, News

Chinese Authorities Seize Over $4.2B Worth of Digital Assets from PlusToken Ponzi Scheme

By Steve Muchoki Nov 27, 2020 • 3 mins read

The PlusToken Ponzi scheme is reported to have begun back in May 2018 and advertised a non-existent crypto arbitrage trading platform.

Bitcoin News, Cryptocurrency News, News

Wholecoiner Wallets Take Huge Chunk Leaving 5% of BTC Market Cap to Rest

By James Lovett Nov 27, 2020 • 3 mins read

Every year, the number of “wholecoiner” Bitcoin wallets holding at least 1 BTC has been increasing gradually. Now, the remaining addresses with less than 1 BTC account for just 5% of Bitcoin’s market cap.

Altcoin News, Blockchain News, Cryptocurrency News, News

Five Most Promising DeFi Projects of End of 2020

By Andrey Sergeenkov Nov 27, 2020 • 6 mins read

The rise of the DeFi sector has brought a lot of new projects to the attention of the crypto community, as DeFi aims to offer decentralized banking services, particularly targeting the unbanked and underbanked.

Altcoin News, Blockchain News, Cryptocurrency News, News

Libra Coin Backed by Facebook Set to Roll Out in January 2021

By John K. Kumi Nov 27, 2020 • 3 mins read

According to the report, the yet to be launched Libra will have a single coin backed 1:1 by the US dollar.

Blockchain News, Gaming News, News, Technology News

Blockchain Firm Jelurida Will Launch On-Chain Version of Bridge Game

By Julia Sakovich Nov 27, 2020 • 3 mins read

Lior Yaffe, co-founder and core developer at Jelurida, confirmed that this is only the first step of his company’s foray into blockchain-based gaming.

Altcoin News, Bitcoin News, Cryptocurrency News, News

Institutional Participation Pushed BTC Price Close to $20K, Altcoin Season Expected Soon

By Bhushan Akolkar Nov 27, 2020 • 3 mins read

Analysts are hopeful that Bitcoin’s and the overall cryptocurrency market fundamentals are more powerful than ever before. The latest market correction provides fresh opportunities for investors to take long-term positions.

Altcoin News, Blockchain News, Cryptocurrency News, News

Polkadex Creates Decentralized P2P Trading Solutions

By Andrey Sergeenkov Nov 26, 2020 • 5 mins read

Polkadex has created a fully decentralized order book that can match major exchanges in terms of speed, and also ensures that the blockchain is engaged at the optimum level for trading speed.

Altcoin News, Bitcoin News, Cryptocurrency News, News

OKEx Resumes Withdrawal Services After 5 Weeks of Suspension

By Steve Muchoki Nov 26, 2020 • 3 mins read

Five weeks ago, OKEx suspended all account withdrawals after one of the key holders was detained by the police to assist in the investigation.

Bitcoin News, Cryptocurrency News, Guest Posts, News

Bitcoin Price Technical Analysis: BTC Will Not Correct Forever

By Dmitriy Gurkovskiy Nov 26, 2020 • 3 mins read

On Thursday, November 26th, Bitcoin is correcting after its rally reached a peak this week. It is generally trading at 16,733 USD with a high of 19,490 USD.

Altcoin News, Bitcoin News, Cryptocurrency News, News

Coinbase CEO Brian Armstrong Shares Concerns on Rumoured New US Crypto Regulation

By Ibukun Ogundare Nov 26, 2020 • 3 mins read

Coinbase CEO Brian Armstrong also explained the reverse effects of the rumored regulation.

Bitcoin News, Cryptocurrency News, News

11% Bitcoin Price Drop: Whales Movement of BTC to Exchanges May Be Reason for It

By James Lovett Nov 26, 2020 • 3 mins read

Bitcoin was nearly hitting a new all-time high earlier this week after it rose $19,469 for the first time since December 2017. However, today, it lost around 11% of its value.