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“# Grayscale parent Digital Currency Group plans to buy $250M of its own GBTC shares ” Cryptocurrency asset manager Grayscale has a new buyer of shares in its Grayscale Bitcoin Trust (GBTC) — its owner. In a press release on March 10, Grayscale parent company Digital Currency Group (DCG) announced plans to purchase up to…
“# Bitcoin price focuses on $55K as bulls ignore a surging US dollar ” Bitcoin (BTC) challenged levels within 10% of all-time highs on March 10 as strength in the U.S. dollar failed to dent the bullish trend. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview $56,000 resistance is next BTC price hurdle Data from Cointelegraph…
“# Top movers review: Terra (LUNA), VeChain (VET) and Hedera Hashgraph ” While Bitcoin (BTC) and major altcoins tend to garner most of the attention from investors, there are several projects that aim to bring greater decentralization, transparency, accountability and financial inclusion to society and businesses. For the past few months, Cointelegraph has been identifying…
“# Reserve Rights (RSR) gains 300% as stablecoins gain regulatory approval ” Non-fungible tokens and high-yielding decentralized finance platforms have been the focus of attention in the cryptocurrency sector for the past few months. This intense focus on NFTs, DeFi and Bitcoin’s price action means that some investors have glossed over the fact that it…
“#Bitcoin market value tops $1T again as price tops $54,000” Bitcoin’s market value crossed the trillion-dollar mark once again Tuesday as the cryptocurrency’s recent rally regained some momentum. The price of the world’s biggest digital coin climbed about 6.3 percent from a day earlier to $54,274.13 as of 10:44 a.m., giving it a total value…
“# Bitcoin whales ‘bought the dip’ as orders for $100K or more hit all-time highs ” Bitcoin (BTC) whales and institutions alike have made the most of the recent BTC price “dip” by buying big, data suggests. In an update on March 9, on-chain analytics service Material Indicators noted that buy orders of $100,000 and…
“# Bitcoin price cracks major resistance as analyst eyes $70K ‘destiny’ ” Bitcoin (BTC) tackled pivotal $52,000 resistance overnight on March 9 to come within 6% of historical all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price hits 2-week highs Data from Cointelegraph Markets and Tradingview showed BTC/USD hitting local highs of $54,500…
“# NFT-related altcoins hit new highs after Bitcoin price rallies to $53K ” The cryptocurrency market saw an influx of activity on March 8 that provided a lift to the vast majority of the top tokens as the world celebrates International Women’s Day. Bitcoin’s (BTC) recovery back above $50,000 was followed by a new wave…
“#Hedge funds hit hard by Reddit Rally bounced back in February” Some of the hedge funds hardest hit by January’s populist short squeeze have already begun recovering from the pain inflicted by retail traders looking to topple Wall Street, The Post has learned. At least three funds hurt by manic moves in stocks like GameStop…
“# Chiliz (CHZ) rallies 60% to a $1B market cap as fan token offerings expand ” Non-fungible tokens and decentralized finance are two of the hottest concepts in the crypto sector and each is altering the way projects and companies interact with the public on a wide scale. One project that is looking to apply…