In the midst of a fierce competition to attract investors to Bitcoin exchange-traded funds (ETFs), Grayscale is holding its ground with its Bitcoin investment product, despite the ongoing fee war in the sector. As other players such as Valkyrie, Invesco, and Bitwise lower their fees, Grayscale has chosen to maintain a higher fee, underlining the […]
The crypto market is witnessing a surge in stablecoin inflows, driven by renewed bullish action and the anticipation of a spot Bitcoin exchange-traded fund (ETF) approval in the United States. The influx of Tether USDT and USD Coin USDC into exchanges indicates that traders might be preparing to enter the market based on their spot […]
While Bitcoin exchange-traded fund (ETF) applications are still under review by the US Securities and Exchange Commission (SEC), executives from asset management firms are speculating about the potential launch of spot ETFs for other major cryptocurrencies, including XRP and Ethereum (ETH). However, the classification of XRP and Ethereum as securities presents regulatory challenges and potential […]
Samson Mow, a prominent Bitcoin advocate and CEO of Jan3, has recently sparked a significant discussion with his extremely bullish prediction for Bitcoin’s future. Mow suggests that Bitcoin could potentially surge to $1 million “basically at any time,” a prediction that aligns with the pending approval of a spot Bitcoin exchange-traded fund (ETF) by the […]
BitPay, a leading crypto payment service provider, has expanded its support to include a wide range of cryptocurrencies. The newly added tokens include Uniswap, Chainlink, BNB, Cronos, and Basic Attention Token, among others. This move signifies a significant expansion in the company’s services.Stephen Pair, CEO of BitPay, stated that these updates and the newly supported […]
In a strategic move to unlock a significant portion of its Ethereum holdings, Celsius has transferred over 40,000 Ethereum, valued at over $90 million, to its major creditors, Coinbase and FalconX, over the past week. Arkham Intelligence reports that Celsius still holds a substantial amount of Ethereum in its Staked ETH account, approximately 59,000 ETH, […]
The number of XRP wallets with balances greater than zero has seen a significant increase of 26% since January 2023, according to a recent update from Santiment. This surge indicates a substantial rise in the number of crypto enthusiasts, investors, and users holding XRP, with the total reaching an impressive 4.95 million. This growth not […]
Crypto analyst Dark Defender has shared his insights on the potential rise of the XRP price to $13. He also suggested that the price of the crypto token could exceed this prediction when other factors are taken into account.Dark Defender explained on his X platform that the XRP price could reach $13 when the total […]
David Thomas, a seasoned electronic engineer and journalist at BeInCrypto, uses his technical background and university-honed skills to make the complex cryptocurrency market accessible and engaging for all readers.Solana’s 2023 developer report revealed a significant increase in active developers, with 2,500-3,000 monthly active developers and over 50% retention. This rise in developer activity aligns with […]
Digital Currency Group (DCG) has reportedly repaid its entire debt to the bankrupt cryptocurrency lender Genesis. However, an ad hoc group of Genesis creditors has disputed this claim in court papers filed in the Southern District of New York Bankruptcy Court. They argue that DCG still has a substantial debt remaining, with unpaid interest and […]
