Tag: Investors

SharpLink Expands Ethereum Dominance Following $400M Partnership With Five Institutional Investors

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SharpLink Gaming is solidifying its position as one of the world’s largest corporate holders of Ethereum, announcing a landmark of $400 million registered direct offering secured through partnerships with five major institutional investors. This move underscores the growing confidence institutional players have in ETH’s long-term potential and its aggressive accumulation strategy. Institutional Backing Pushes SharpLink Toward $3 Billion Milestone SharpLink Gaming has announced a $400 million registered direct offering agreement with five global institutional investors, which includes some of the largest in the world. The agreement marks one of the…

Should Investors Buy XRP Price Dips as XRP ETF Chances Fade?

Key Notes XRP whale activity remains strong, with 900 million XRP accumulated recently. Analysts still see potential upside if key support and resistance levels hold, with long-term targets as high as $12.60. Canary Capital CEO Steven McClurg predicts XRP ETFs could outperform Ethereum ETFs due to the yield structure. Following the rejection at $3.5 last week, XRP XRP $3.13 24h volatility: 4.7% Market cap: $185.93 B Vol. 24h: $7.86 B price has come under strong selling pressure, correcting another 4% today, and now trading at $3.14. Furthermore, with BlackRock rejecting…

South Korean Investors Pour Funds into Crypto-Linked Stocks

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South Korean retail investors are pivoting away from Big Tech stocks in the United States into high-risk, high-reward crypto-linked equities.  A Yonhap News Agency report citing data from the Korean Center for International Finance (KCIF) said the percentage of crypto-linked stocks in the top 50 net-bought stocks by South Korean investors rose from 8.5% in January to 36.5% in June before declining to 31.5% in July.  The report added that net purchases of the top US Big Tech companies dropped to $260 million in July, down 84% from a monthly…

India Detects Crypto Tax Evasion—Over 44K Notices Sent to Investors

India has launched a massive cryptocurrency tax enforcement drive, targeting tens of thousands of investors and uncovering hundreds of crores in hidden income through advanced data-driven surveillance. India Alerts 44,057 Crypto Investors in Sweeping Tax Evasion Crackdown Union Minister of State for Finance Pankaj Chaudhary told Rajya Sabha, the upper house of India’s parliament, in […] Source CryptoX Portal

EthereumMax Investors Secure Partial Win In Class-Action Lawsuit

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Investors who were parties to a 2022 lawsuit may be closer to pursuing legal action against celebrities who promoted the EthereumMax (EMAX) token after a recent decision by a California judge. In a Wednesday filing in the US District Court for the Central District of California, Judge Michael Fitzgerald granted a motion allowing class-action lawsuits filed in four US states to move forward, but denied the request for a nationwide class against EMAX promoters. The order will allow cases involving investors who purchased EMAX between May 2021 and June 2021…

Bitcoin Investors Turn To ‘Smart DCA’ As Market Trades Below On-Chain Fair Value Of $117,700

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Following a brief dip to $112,200, Bitcoin (BTC) has recovered slightly, trading around the $116,300 level at the time of writing. While concerns remain about BTC’s inability to decisively break the $120,000 resistance level, on-chain data suggests the asset may be in an accumulation phase – potentially gearing up for its next breakout toward a new all-time high (ATH). Bitcoin Currently In Accumulation Phase, Analyst Says According to a CryptoQuant Quicktake post by contributor BorisVest, a strategy called Smart Dollar-Cost Averaging (DCA) may help Bitcoin investors accumulate the asset more…

Crypto Market Sentiment Shifts: BTC, ETH, XRP on Investors’ Radar

Amid the current volatility, crypto market sentiment has shifted from “Neutral” to “Greed” with just a modest bump in Bitcoin BTC $115 429 24h volatility: 1.2% Market cap: $2.30 T Vol. 24h: $31.52 B and altcoin prices. The Crypto Fear and Greed Index has surged to 62 out of 100 as a result. BTC is holding firm above $114,000, while ETH ETH $3 782 24h volatility: 4.3% Market cap: $455.02 B Vol. 24h: $22.84 B has recovered past $3,600 support, and XRP XRP $3.04 24h volatility: 3.2% Market cap: $179.73…

Bitcoin Treasuries and ETF Investors Diverge Over Buying the Dip

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Key points: Bitcoin corporate treasuries added 630 BTC to start the week, continuing a month-long inflow trend. The move contrasts with an ongoing sell-off among the Bitcoin ETFs, which sold nearly $300 million Monday. Not everyone is bearish about “buying the dip” at current levels. Bitcoin (BTC) corporate treasuries added over 600 BTC Monday despite crypto market nerves. Data from quantitative digital asset fund Capriole Investments confirmed that corporate buyers are ignoring the BTC price dip. Bitcoin treasuries buck ETF sell-off trend Bitcoin is still a solid “buy” for some…

Analyst Warns XRP Investors Not To Let Fear Dictate Moves As Long As Price Holds This Level

Crypto analyst Egrag Crypto has advised XRP investors not to panic as they make their next move in the market. This came as he revealed levels to watch out for as the altcoin retraces alongside the broader crypto market.  Analyst Advises XRP Investors Amid Market Correction In an X post, Egrag Crypto told XRP investors, especially the newbies, that they should not let fear dictate their next moves. The analyst also commented on the current price action, stating that investors will see where the market settles by the end of…