$300 Million In A Day, $1 Billion In The Last Week – Grayscale’s Impressive AUM Growth

$300 Million In A Day, $1 Billion In The Last Week – Grayscale’s Impressive AUM Growth

Amid the most recent cryptocurrency price developments, Grayscale Investments has increased its assets under management (AUM) by over $1 billion in a week. Perhaps even more impressive is the AUM increase in a day – a “cool” $300 million. Grayscale’s AUM Explodes In October CryptoPotato reported Grayscale’s Q3 2020 record-breaking earnings last week. The company […]

October 23, 2020 | By | Reply | 9 Readers More
DeFi Winning ‘Bullish’ Fans, But Ethereum’s ‘Crown’ In Danger – Report

DeFi Winning ‘Bullish’ Fans, But Ethereum’s ‘Crown’ In Danger – Report

Source: Adobe/Сергей Шиманович The Digital Currency Group has suggested that the decentralized finance (DeFi) movement could one day outgrow the blockchain network it was primarily built upon – Ethereum (ETH) – and claimed that its founders were “more bullish on DeFi than on its current technical underpinning,” namely the Ethereum network. The group, which has […]

October 23, 2020 | By | Reply | 10 Readers More
Adding Coins And Reducing Fees: Will BitMEX Survival Efforts Help Despite The Mandatory KYC?

Adding Coins And Reducing Fees: Will BitMEX Survival Efforts Help Despite The Mandatory KYC?

BitMEX, one of the world’s leading Bitcoin margin trading exchanges, appears to be taking major steps to increase its value proposition. In a couple of recent announcements, the exchange said that it’s going to reduce some of its fees while also adding more cryptocurrencies for trading. This comes months after the exchange had to introduce […]

October 23, 2020 | By | Reply | 9 Readers More
Michael Saylor claims the company will hold Bitcoin for ‘100 years’

Michael Saylor claims the company will hold Bitcoin for ‘100 years’

Microstrategy CEO Michael Saylor said he will hold his company’s Bitcoin (BTC) for 100 years, and has no intention of selling it.  On Aug 11, the business intelligence firm announced it had purchase of 21,454 BTC for $250 million. This investment is now worth more than $278 million, representing an 11% increase in two months. […]

October 23, 2020 | By | Reply | 8 Readers More
Market Watch: Ethereum Finally Reclaims $400 As BTC Struggles With $13K

Market Watch: Ethereum Finally Reclaims $400 As BTC Struggles With $13K

Bitcoin spiked above $13,000 once again and came close to painting yet another 2020 high. Ethereum jumped above $410, and most altcoins have followed alone with notable increases. The market cap has gained $8 billion more. Bitcoin Swings At Another YTD High CryptoPotato reported yesterday that the primary cryptocurrency surged to a fresh 2020 high […]

October 23, 2020 | By | Reply | 11 Readers More
Institutional ‘Takeover’ of Crypto Continues as CME OI Surges

Institutional ‘Takeover’ of Crypto Continues as CME OI Surges

Open Interest on one of the world’s largest exchanges continues to increase as proof. According to data from Skew analytics, Open Interest on the Chicago Mercantile Exchange (CME) has surpassed that of retail exchange Binance and taken the second spot. The move was noted by long-term Bitcoin trader Nick Cote who likened it to an […]

October 23, 2020 | By | Reply | 11 Readers More
Bitcoin’s price spikes to new 2020 high after PayPal news

Bitcoin’s price spikes to new 2020 high after PayPal news

BTC/USD price rose from $12,300 to $13,250 to continue recent uptrend and was up by 78% YTD Bitcoin price continued its stellar performance this week, first rising to register the price of $12,300 and then spiking to a 15 – month high above $13,200. While the uptrend was expected, the swift jump to intraday highs […]

October 23, 2020 | By | Reply | 11 Readers More
P2P Trading Resumes on Okex While Withdrawals Freeze Still in Effect: Tron Foundation Announces Cashout Plan for TRX Holders

P2P Trading Resumes on Okex While Withdrawals Freeze Still in Effect: Tron Foundation Announces Cashout Plan for TRX Holders

Asian cryptocurrency exchange Okex says peer to peer trading is now open but the freeze on withdrawals remains in effect. In an update, Okex CEO Jay Hao reveals that buying cryptocurrency via the fiat gateway is now active as well but he fails to give a timeframe for the resumption of withdrawals. In an earlier […]

October 23, 2020 | By | Reply | 10 Readers More
Litecoin price jumps 18% after LTC adoption on PayPal news

Litecoin price jumps 18% after LTC adoption on PayPal news

Litecoin is registering the biggest gains as crypto market turns bullish on PayPal adoption news Litecoin (LTC) is trading higher on the day, jumping more than 14% in the past 24 hours. Litecoin’s upside momentum has gathered pace after an initial 11% spike came soon after the payments processing firm PayPal announced support for cryptocurrencies. […]

October 23, 2020 | By | Reply | 12 Readers More
Brendan Blumer Discusses What Makes Block.One So Important

Brendan Blumer Discusses What Makes Block.One So Important

Block.one and EOS are notable platforms for two reasons. The first is that they held a year-long coin offering between the summers of 2017 and 2018. The second reason? Because even though the Securities and Exchange Commission (SEC) went after the companies for hosting the token sale – which the SEC is typically known to […]

October 23, 2020 | By | Reply | 10 Readers More