A Grayscale spokesperson confirmed to Cointelegraph that the fund manager didn’t dump massive stakes of XRP and XLM Bybt data apparently showing a massive liquidation of XRP and Stellar Lumens by Grayscale Investments earlier this week is inaccurate, according to the investment company. On Wednesday Dec. 30, a public Bybt data set suggested that Grayscale Investments […]
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The digital asset manager has reduced its holdings of both cryptocurrencies significantly. Grayscale Investments, the world’s largest digital asset manager, has reportedly dumped a significant portion of its XRP and XLM holdings. Data from Bybt, a cryptocurrency futures trading platform, reveal that Grayscale’s XRP holdings declined by more than 9.18 million on Dec. 29, bringing […]
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Bitcoin is taking a breather after the recent rally while altcoins are attempting to play catch up. Several central banks have resorted to unprecedented monetary expansion and aggressive rate cuts to support their respective economies badgered by the coronavirus pandemic. Record liquidity has resulted in sharp rallies in the S&P 500, gold, and Bitcoin (BTC), […]
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Bitstamp now regrets posting Messari’s 134-page report yesterday that included coarse language and colorful descriptions of certain tokens. Digital asset exchange Bitstamp has apologized for sharing a crypto market report that it claims does not reflect the firm’s “views or values.” In a tweet from Bitstamp posted today, the exchange issued an apology for posting […]
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The news follows Bitwise withdrawing its SEC application for a Bitcoin Exchange-Traded Fund earlier this year. U.S. retail investors will be able to get exposure to Bitwise’s new crypto index fund — albeit indirectly. According to a Dec. 9 statement from Bitwise Asset Management, shares of its crypto index fund will begin public quotation on […]
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Bitcoin reclaimed the $19,000 level, but charts suggest BTC and altcoins may consolidate for a few days before starting the next trending move. Bitcoin price hit a new all-time high above $19,892 on Dec. 1. This is a significant event because it proves that the rally in 2017 was ahead of fundamentals but not a […]
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Bitcoin and a few altcoins have seen aggressive buying at lower levels, which could result in a retest of their recent highs. As Bitcoin price rallied to a new 2020 high, the open interest on CME Bitcoin (BTC) futures rose to $1.16 billion, making it the world’s largest Bitcoin futures market, according to Arcane Research. […]
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The launch of Stellar’s new protocol was received positively by the crypto market, coinciding in a 100% price rise for XLM across the last 48 hours. The price of Stellar Lumens (XLM) shot up 60% in the past 24 hours and crossed the 20 cent mark for the first time since Sept. 2018. The ‘stellar’ […]
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Bitcoin topping $19,400, altcoins rallying by triple digits and the Dow setting an all-time high at 30,000 show bulls are running all corners of every market. On Tuesday the bulls showed that they are in full control of the crypto market as Bitcoin (BTC) rallied to $19,418.97 and several top-10 altcoins went on a double-digit […]
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“Added a cool $300 million in AUM in one day,” boasts Grayscale CEO Barry Silbert. Crypto fund manager Grayscale Investments has increased its assets under management (AUM) by $1 billion in the space of a week. According to an update posted to Grayscale’s Twitter account on Oct. 22, the investment firm currently has $7.3 billion […]
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