Bitcoin (BTC) is trading around the $30K price level and appears to be in the mid-to-late stage of a bear market phase, according to some indicators. Meanwhile, some fund managers are hoping for a 10%-20% price jump to recover from last month’s losses. Source
Month: June 2022
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Grayscale Bolsters Legal Team With Former Obama Aide Ahead of Spot Bitcoin ETF Decision
“It’s paramount that Grayscale has the strongest legal minds working on our application to convert GBTC to an ETF, and we are thrilled that Verrilli will join our outstanding legal team,” a Grayscale spokesperson said, underlining Verrilli’s long experience before the high court, including major wins defending the Affordable Care Act and legal recognition of same-sex marriage. Original
Crypto Exchange Kraken Says Decentraland, The Sandbox and Metaverse Sector Far Outperforming Market Year-on-Year
A leading crypto exchange says metaverse tokens are significantly outperforming the rest of the digital assets markets in year-over-year (YoY) returns. In Kraken Intelligence’s new May 2022 market recap and outlook, the exchange giant finds coins such as Decentraland (MANA), The Sandbox (SAND), Axie Infinity (AXS), ApeCoin (APE), and STEPN (GMT) are outperforming the rest of the crypto markets. “When looking at 1Y performance, the Metaverse sector has significantly outperformed the market YoY with a return of +395%. This includes assets such as Decentraland (MANA), Sandbox (SAND), Axie Infinity (AXS), Apecoin (APE), and STEPN (GMT).” Source: Kraken Intelligence Despite outperforming the rest…
Bitcoin se ubica inestablemente en $30.000, con soporte entre $25.000 y $27.000
Los rebotes de precios fueron de corta duración, lo que indica una pérdida de fuerza en la compra. Source
PayPal enables transfer of digital currencies to external wallets
After rolling out the ability to buy and sell crypto on its platform in October 2020, PayPal is finally allowing users the ability to natively transfer, send and receive digital assets between PayPal and other wallets and exchanges. As of Tuesday, the feature is available to select U.S. users, with the feature expanding to all eligible U.S. users in the coming weeks. The first batch of supported coins consists of Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). In addition, customers who transfer their crypto onto PayPal can…
23/12/21| Crypto news today | Shiba inu coin news today | Cryptocurrency for beginners |Bitcoin news
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 23/12/2021| Cryptocurrency news today | Crypto news today | Bitcoin news today | Hindi | Cryptocurrency for beginners In this video, we have covered news from across the Globe. Watch this video and keep yourself updated. Latest Crypto updates latest Crypto News. Cryptocurrency news today Crypto news today Bitcoin news today in Hindi. ===================== New’s Covered in the Video -Celebrating December 21st, 2021: El Salvador Buys 21 BTC. -Shiba Inu Whale Adds $136 Million Worth of SHIB in 24 Hours. -MATIC Journeys…
Bitcoin Long-Term Holders Own 90% Of Supply In Profit
Latest data from Glassnode shows Bitcoin long-term holders currently own around 90% of the total supply in profit. Bitcoin Supply In Profit Share Of Short-Term Holders Declines According to the latest weekly report from Glassnode, dominance of long-term holders has observed rise recently. The relevant indicator here is the “supply in profit,” which measures the total number of coins that are currently holding a profit in the Bitcoin market. The metric works by checking the on-chain history of each coin to see what price it was last sold at. If…
Philippines Crypto Wallet Service Provider Coins.ph Partners With the PBA – Bitcoin News
Another digital currency firm is making moves into the sports world as the Philippines crypto wallet service provider Coins.ph announced the company has partnered with the Philippine Basketball Association (PBA). The deal is the PBA’s first crypto partnership during its 47th season and the Coins.ph brand will be showcased at the premier tournament during the Philippine Cup. Philippine Basketball Association Partners With Crypto Firm Coins.ph Over the last year, well known digital currency companies like FTX, Crypto.com, Grayscale Investments, and Blockchain.com have integrated the firms into the sports world through…
PayPal Converts Conditional Virtual Currency License to Full BitLicense
“The conditional virtual currency license allows businesses to have well-regulated access to the New York marketplace through partnerships with licensed firms, ensuring that New Yorkers have access to a wide variety of virtual currency products with appropriate consumer protections,” she said. “With PayPal’s conversion to a BitLicense, the conditional license is now a proven framework for licensure.” Source