Categoria: Bitcoin
Ripple CEO Comes Under Fire For Comparing Dogecoin To Zimbabwean Dollar – Details Ripple CEO Comes Under Fire For Comparing Dogecoin To Zimbabwean Dollar – Details
Ripple CEO Brad Garlinghouse has come under fire following his recent comments about Dogecoin (DOGE). Garlinghouse had made these remarks during a back-and-forth conversation that he had with the meme coin’s co-founder on the X (formerly Twitter) platform. Garlinghouse Compares Dogecoin To Zimbabwean Dollar Brad Garlinhouse compared DOGE to the Zimbabwean dollar as he suggested
Leia maisGrayscale Bitcoin Trust balance sees 12% reduction as FTX bankruptcy stirs $3.5 billion outflow Grayscale Bitcoin Trust balance sees 12% reduction as FTX bankruptcy stirs $3.5 billion outflow
Quick Take Recent data analysis from Glassnode reveals a substantial decrease in the balance of the Grayscale Bitcoin Trust ETF (GBTC), now estimated at around 553,000 Bitcoin, which is roughly 12% down from its high of 630,000 Bitcoin. A key contributing factor to this decline appears to be the increasing outflows, which have been estimated
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Bearish Bitcoin leads to tumble in crypto stocks, with Coinbase taking a hit Bearish Bitcoin leads to tumble in crypto stocks, with Coinbase taking a hit
The shares of several U.S.-listed crypto companies experienced substantial declines in their values due to the significant market downturn today, Jan. 23. Earlier today, Bitcoin’s price retraced more of the gains it made in anticipation of the U.S.-based spot exchange-traded fund (ETF) launches in the U.S. The flagship digital asset dropped below $39,000, marking its
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JPMorgan downgrades Coinbase, citing ‘disappointing’ bitcoin ETF launch JPMorgan downgrades Coinbase, citing ‘disappointing’ bitcoin ETF launch
Analysts kept the price target of $80 despite the downgrade
Leia mais200,000 Bitcoin Poised For Release, Mt. Gox Confirms Repayments
The crypto community is on high alert as the Mt. Gox trustee moves forward with the process of repaying creditors, signaling a significant release of Bitcoin (BTC) and Bitcoin Cash (BCH) into the market. This development marks a pivotal moment in one of the most infamous episodes in the history of cryptocurrency. Mt. Gox Will
Leia maisEDX Markets Launches Clearinghouse for Crypto Trading and Announces Completion of Series B Funding Round EDX Markets Launches Clearinghouse for Crypto Trading and Announces Completion of Series B Funding Round
EDX closed series B funding round co-led by Pantera Capital and Sequoia Capital to fuel international expansion. Launched new clearinghouse to provide members with the most competitive and capital efficient market through a streamlined settlement process. Members traded more than $1.4 billion in notional volume in December ‘23 and Clearinghouse
Leia maisJPMorgan Downgrades Coinbase Amid Bitcoin’s Lackluster Performance JPMorgan Downgrades Coinbase Amid Bitcoin’s Lackluster Performance
In a research report released on Monday, JPMorgan downgraded U.S. exchange Coinbase (COIN) to underweight and warned that the debut of spot bitcoin ETFs, the primary driver of bullish sentiment in the cryptocurrency markets last year, might disappoint investors in 2024. Analysts led by Kenneth Worthington mentioned: “While we continue
Leia maisWhy most Grayscale investors may remain in profit if GBTC falls further 20% to $27 Why most Grayscale investors may remain in profit if GBTC falls further 20% to $27
According to data from trading firm Webull, around 70% of Grayscale GBTC holders likely remain in profit. The average shares were purchased at $27.82, some 20% below the current price as of press time. The Webull data shows the state of the trust the day before its conversion to a spot Bitcoin ETF and indicates
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Ethereum, Solana Losses Pile Up as Bitcoin Sell-Off Sinks Crypto Market Ethereum, Solana Losses Pile Up as Bitcoin Sell-Off Sinks Crypto Market
As the price of Bitcoin continues to drop, the broader crypto market is taking a hit—and Ethereum and Solana are having a rough week.
Leia maisCoinbase Stock Dips 5% As JPMorgan Takes Bearish Stance On Bitcoin ETFs Coinbase Stock Dips 5% As JPMorgan Takes Bearish Stance On Bitcoin ETFs
Coinbase Global, the largest cryptocurrency exchange in the United States, is confronting a potential setback as JPMorgan Chase & Co. downgraded its rating on the company’s stock. The downgrade comes amidst concerns over a decline in Bitcoin’s value and fading enthusiasm for exchange-traded funds (ETFs) directly linked to the largest cryptocurrency in the market. Bitcoin
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