Recently, Alex Mashinsky, Co-founder, Chairman, and CEO of lending platform Celsius Network, shared some of his latest thoughts on Bitcoin. During an interview on February 24 with Kitco News anchor David Lin, the Celsius CEO claimed that Bitcoin had found strong support around $30,000, as the price responded to the...
Anchor Protocol (ANC) token price has surged in the past 24 hours, sidestepping a plunge in the crypto market as traders sought exposure to the relatively large yield offered by the Anchor protocol. The token was last trading up 13% at $5.5, hovering around 10-month highs and with a total market capital of $1.4 billion.
On Friday (March 4), former White House Director of Communications Anthony Scaramucci, who is the founder and managing partner of global alternative investment firm SkyBridge Capital (“SkyBridge”), shared his latest thoughts on Bitcoin. SkyBridge Capital is “an SEC-registered investment adviser and global alternative investment manager that invests in hedge funds, digital...
Virginia’s Senate on Friday unanimously approved a bill that will allow banks in the state to provide crypto custody services, granted they have enough resources to manage the associated risk. The bill will go into effect once it is signed by Governor of Virginia Glenn Youngkin. The bill effectively allows banks to be able to hold wallet keys for customers, and is geared more towards institutional investors with large crypto holdings.
Russia’s invasion of Ukraine, and the subsequent backlash of economic sanctions against the country, has reportedly resulted in ruble trading pairs surging on the cryptocurrency market. According to a report by Frank Chaparro for The Block that was published on March 1, Russian investors are becoming increasingly active...
Cryptocurrency donations sent to the Ukrainian government and several non-governmental organizations meant to support the country amidst its ongoing war with Russia have topped $50 million across more than 100,000 transactions. According to on-chain analytics firm Elliptic, the Ukrainian government and NGOs supporting the country’s military efforts and humanitarian...
Nigel Green, CEO of independent financial consultancy deVere Group, has revealed he believes the price of the flagship cryptocurrency bitcoin ($BTC) could move toward the $50,000 mark by the end of March over the ongoing war between Ukraine and Russia. According to ETF Trends, commenting on BTC’s current price...
XRP price continues to consolidate between two crucial converging trend lines. As the asset coils up, it prepares for a massive breakout that will result in an explosive run-up or run-down. On-chain metrics, however, suggest that this move will likely favor the bulls.
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