
May 1st, 2025
Most analysts predict that Bitcoin and Ethereum, Grayscale’s largest trusts, could reach $100K per BTC and $10K per ETH.
The Coinbase direct listing on Nasdaq is set to attract more investors into the crypto market industry.
Though Bitcoin price dropped today, the coin is up almost 30% in the last 30 days.
Link has moved from a trading price of $12 on January 11, 2021, to a current position of $22 with a market cap of near $9 billion.
The cryptocurrency market is still northbound as Bitcoin sets new ATH every other week.
DLC Fund-authorized participant Genesis Global Trading announced that all XRP transactions would be suspended on January 15, 2021.
Wisebitcoin’s presence in the digital asset trading industry extends beyond the exchange, with its cloud services anchoring over 200 other exchanges globally.
Meanwhile, funds that trusted oil and gas, suffered losses. In particular, the Direxion Daily S&P Oil&Gas E&P 2X ETF lost 97.3% this year. The Direxion Daily Junior Gold Miners Bear 2X ETF plunged 95.5% in 2020.
On 14 December 2020, Grayscale announced publicly that their Asset Under Management had increased to $13 billion for the first time. Interestingly, this has increased to $16.4 billion in a little over a week.
The latest halt comes as the six-month lock-up period for selling the recently purchased shares of the Grayscale Bitcoin fund comes to an end. Also, it comes as Grayscle’s total assets under management (AUM) crossed $15.7 billion.
As for the Ethereum ecosystem, a lot has been taking place underground with the launching of phase 0 of ETH 2.0 that encompasses the Beacon Chain launch with notable investors on board.
Binance has officially started shipping its Visa cards to the European Economic Area. The card is now officially supporting Ethereum.
The massive attention that cryptocurrencies and blockchain technology have received in past months called the attention of DBS Bank.
With Bitcoin current pullback, experienced traders are said to be taking advantage and accumulating in accordance with the price movements.
As Bitcoin price stalls, it is obvious that emotions will be the most decisive factor in the coming weeks as investors are controlled by the fear of losing out of a potentially promising position.