The world’s largest digital asset manager just announced the launch of a single-asset investment product exposing its holders to Solana (SOL) – and support for more Ethereum competitors may be imminent. In a press release, Grayscale announces the new Solana Trust, which will join its other 13 single-asset crypto investment products. “The Trust is solely …
Yearly archives: 2021
Number of Bitcoin Addresses Smashes All-Time Highs As BTC Attempts Bull Market Recovery: Crypto Insights Firm Glassnode
Despite Bitcoin’s price correction this month, the number of addresses with a BTC balance has surged to an all-time high, according to the crypto insights firm Glassnode. The number of Bitcoin addresses with a non-zero balance hit a new all-time high last week, Glassnode reports on Twitter. “The number of Bitcoin addresses with a non-zero …
Ethereum approaches a new ATH, but derivatives data reflects mixed emotions
Today Ether (ETH) price briefly touched $4,760, exciting investors and reminding the world that the altcoin is a mere 2.2% below the $4,870 all-time high reached 20 days ago. While the spot price action might be intriguing, let’s see what’s happening in Ether’s derivatives markets. Ether ETH/USD price at Bitstamp. Source: TradingView While it is …
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Despite missed prediction, ‘Plan B’ sticks to Bitcoin target of $100,000
If the accuracy of the crypto market movement predictions are something you have ever wanted, then the infamous pseudonymous Bitcoin analyst Plan B should come to mind going by his recent predictions in which three out of four met the target. Plan B’s Bitcoin price prediction Four months ago, Plan B, using his stock-to-flow price …
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Retail piles into Shiba Inu while institutions remain unfazed by market volatility
While Bitcoin and Ethereum prices successfully held their rebound from last week’s sell-off, Shiba Inu surged following Kraken listing. Crypto investment products recorded inflows totaling $306 million last week, as Bitcoin saw the largest inflows in five weeks, the latest report from CoinShares revealed. However, price pressures led total assets under management (AUM) to decrease …
Exploring Kusama Kings, Kusama’s majestic new NFT collection
In an exclusive interview with CryptoSlate, the creators of Kusama Kings talk about the issues with minting NFTs, utilizing Kusama’s potential, and the unusually strong community bond NFTs can facilitate. Kusama, Singular, and lowering the barrier for entry Polkadot’s more chaotic cousin Kusama has been a testing ground for many innovative dApps, but it wasn’t …
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Firm plans Ethereum futures ETF on the back of Bitcoin futures success
Binance Research: most large Bitcoin and Ethereum investors hold stablecoins, use cold wallets The research arm of Binance, the world’s largest crypto exchange by trading volume, has published a report that analyzes the results of a survey completed by institutional digital asset investors. 5 min read → Go to Source
Grayscale Launches Solana Trust — Company Now Manages $54 Billion Across 16 Crypto Investment Funds
Grayscale Investments has launched a solana trust. The company now has nearly $54 billion in total assets under management. The new trust, which is the company’s 16th crypto investment product, will solely invest in solana (SOL). The CEO of Grayscale said that investors are increasingly “diversifying their exposure beyond digital assets like bitcoin and ethereum.” …
TabTrader Token Is Launching on AcceleRaytor and Solanium
press release PRESS RELEASE. Amsterdam, the Netherlands, 29th of November, 2021: TabTrader is excited to announce the launch of our own token (TTT) on Solanium and AcceleRaytor on December 1 🚀, aspiring to be the ‘ultimate trading terminal’; we are now on the way to drastically expand. DeFi is the future and TabTrader 2.0 makes …
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Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal
After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose acquisition company (SPAC) deal. Griid will be listed on the New York Stock Exchange (NYSE) after merging with the company Adit Edtech. Griid to Go …
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Galaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’
Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in January 2018, aims to use the funds to “accelerate growth initiatives across its business lines.” Galaxy Reveals Exchangeable Senior Note Offering The investment firm Galaxy …
Ethereum Whale Loading Up on Six Altcoins Amid Bitcoin and Crypto Market Resurgence
A crypto whale known for its Ethereum (ETH) holdings is making a splash by buying big into six different altcoins. The transaction tracker WhaleStats tweeted out that a whale known as “Light” just bought over $11 million of Wrapped BTC (WBTC), which is an Ethereum token designed to maintain a constant peg to the price …
Bitcoin Still Hasn’t Seen Big ‘Crescendo’ Bull Market Top, According to Crypto Veteran Bobby Lee
Crypto veteran Bobby Lee thinks Bitcoin (BTC) still has a long way to go before reaching a peak this cycle, even after tumbling sharply from its new all-time high above $69,000 earlier this month. In a new CNBC interview, the former CEO of China’s biggest crypto exchange BTCC says he’s eyeing the next few months …
Altcoin Project Built on Ethereum Jumps After Earning Support From Crypto Exchange Binance
A decentralized finance (DeFi) protocol built on Ethereum is getting a boost from the world’s largest crypto exchange by trading volume. In a new announcement, Binance reveals it is introducing Alchemix (ALCX) for trading on the popular platform. “Fellow Binancians, Binance will list Alchemix (ALCX) and will open trading for ALCX/BTC, ALCX/BUSD, and ALCX/USDT trading pairs …
Bitcoin Surpasses PayPal in Transaction Volume, Could Overtake Mastercard in Five Years: Blockchain Intelligence Firm Blockdata
More volumes are being transacted on the Bitcoin (BTC) network than on the payments platform PayPal, according to blockchain intelligence company Blockdata. Blockdata says that on average, the Bitcoin network transacted $187 billion more than PayPal per quarter this year. Even so, Bitcoin’s current transaction volume per quarter, which is worth $489 billion. is currently …