Tag Archives: cryptocurrency

Japanese Financial Giant SBI Moves Forward With Bitcoin-XRP ETF Application

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Japan’s largest bank, SBI, has unveiled plans to launch the country’s first exchange-traded fund (ETF) that will be linked to both Bitcoin (BTC) and XRP.  SBI Unveils Japan’s First Bitcoin And XRP ETF  According to circulating reports, this investment vehicle aims to trade on the Tokyo Stock Exchange (TSE), offering institutional investors a regulated avenue… Continue reading Japanese Financial Giant SBI Moves Forward With Bitcoin-XRP ETF Application→

The $200 Million XRP Play: CEO Spills What Traders Overlook

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A CEO thinks XRP is one of the most misunderstood tokens out there. Jake Claver, chief executive of Digital Ascension Group, marked his YouTube channel hitting 100,000 subscribers by talking about what might push XRP’s price higher. Institutional Bets On XRP Backing According to Claver, Digital Wealth Partners now holds over $200 million worth of… Continue reading The $200 Million XRP Play: CEO Spills What Traders Overlook→

Is The Bitcoin Bull Run In Jeopardy? Expert Reveals Strategy’s Alleged Plan To Sell All BTC Holdings

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Despite the recent Bitcoin (BTC) price correction after a significant rally that propelled the cryptocurrency to a record high of $123,000, some analysts remain optimistic about the potential for a renewed bull run. However, one expert has raised a concerning warning that could signal the end of this bullish cycle. Fears Of Mass Sell-Off According… Continue reading Is The Bitcoin Bull Run In Jeopardy? Expert Reveals Strategy’s Alleged Plan To Sell All BTC Holdings→

Galaxy Digital Stock Drop: Analyst Argues For Higher Valuation Despite Poor Earnings

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Shares of Galaxy Digital faced a significant decline on Tuesday following the release of disappointing quarterly earnings and revenue figures. The crypto-investment and data-center company reported earnings per share of $0.8 for the second quarter, falling short of Wall Street’s consensus estimate of $0.18. Galaxy Digital Shares Plunge 10% Revenue for the period totaled $9.1… Continue reading Galaxy Digital Stock Drop: Analyst Argues For Higher Valuation Despite Poor Earnings→

Bitcoin’s Technical Correction Sparks $200K Price Speculation for 2025

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Bitcoin is currently undergoing a period of downward movement after briefly setting a new all-time high earlier last month. Over the past week, the world’s largest cryptocurrency has declined by nearly 4%, trading at $113,993 at the time of writing. This represents a drop of approximately 7.2% from the peak price of above $123,000 reached… Continue reading Bitcoin’s Technical Correction Sparks $200K Price Speculation for 2025→

Grayscale Welcomes Barry Silbert Back As Chairman Ahead Of US IPO

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Barry Silbert has made a notable return to Grayscale Investments, the asset management company and crypto exchange-traded fund (ETF) issuer, as chairman, just weeks after the crypto asset manager filed confidentially for an initial public offering (IPO) in the US.  Silbert, who founded Grayscale in 2013, takes over from Mark Shifke, who will remain on… Continue reading Grayscale Welcomes Barry Silbert Back As Chairman Ahead Of US IPO→

Bitcoin ETF Market Flashes Warning: IBIT Outflows Paired With Drop In Tron USDT Transfers

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Bitcoin (BTC) is down 3.6% over the past week, falling from around $119,800 to the $114,500 range at the time of writing. This weakening price action is also reflected in spot Bitcoin exchange-traded funds (ETFs), most notably in BlackRock’s IBIT Bitcoin ETF, which saw over $2.6 billion in outflows on August 1. IBIT Bitcoin ETF… Continue reading Bitcoin ETF Market Flashes Warning: IBIT Outflows Paired With Drop In Tron USDT Transfers→

Satoshimeter Shows Where Bitcoin Price Is In This Cycle

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The Bitcoin price surge above $120,000 has reignited speculation about where the flagship cryptocurrency stands in the current cycle. While price action alone offers only part of the picture, on-chain data from the Satoshimeter indicator suggests that Bitcoin is still firmly in the mid-phase of its cycle, pointing to significant potential ahead in its long-term… Continue reading Satoshimeter Shows Where Bitcoin Price Is In This Cycle→

Bitcoin Derivatives Data Signals Fear As Binance Net Taker Volume Turns Bearish

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Earlier today, Bitcoin (BTC) briefly fell below $115,000 – hitting a low of $114,116 – triggering panic selling across major crypto exchanges, including Binance. Sharp shifts in several key metrics, such as open interest and net taker volume, confirm the intensity of the sell-off. Bitcoin Decline Wipes Out $500 Million In Open Interest According to… Continue reading Bitcoin Derivatives Data Signals Fear As Binance Net Taker Volume Turns Bearish→

Bitcoin Drops Below $115K as Traders Rush to Exit, But a Rebound Could Be Next

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Bitcoin (BTC) is navigating a period of heightened uncertainty as its price struggles to regain upward momentum following recent declines. Over the past 24 hours, the world’s largest cryptocurrency recorded a dip to $114,326 before slightly recovering above the $115,000 mark. Despite this rebound, the asset remains under pressure, with recent market movements highlighting potential… Continue reading Bitcoin Drops Below $115K as Traders Rush to Exit, But a Rebound Could Be Next→