Crypto Research
1,868 Results
After raising our outlook 50% from $25,000 to $40,000 on December 30th, Bitcoin quickly rose to reach our target late last week. Prices then started to consolidate and slide over the weekend before retracing ~25% down to ~$30,000 and now rebounding to ~$33,800. Bitcoin and crypto are volatile assets, but the speed at which prices moved to hit our target was quite fast and we think a pull back is...
Highlights from the North American listed crypto, blockchain and mining stocks:Marathon Patent Group (NASDAQ: MARA) is the top performing stock of the week returning over 55%. The company announced the signing of a non-binding memorandum of understanding to create North America’s first cooperative mining pool. MARA also completed its previously announced $200 million shelf offering ending the 2020 fiscal year with $217 million in cash on its balance sheet.Chinese mining equipment manufacturer Canaan has...
MARKET RESPONDS TO XRP CHARGES (CONTINUED) More exchanges have decided to halt trading of XRP due to the recent SEC law suit:After saying it was in a ‘holding pattern,’ Coinbase announced it would suspend XRP trading on January 19th. This decision will not affect customers’ access to XRP wallets which will remain available for deposit and withdraw functionality after the trading suspension.Crypto. com is also suspending trading activity for XRP and will delist XRP from...
MARKET RESPONDS TO XRP CHARGESCrypto entities are responding to the SEC’s XRP charges with leading market actors halting activity in XRP:Bitwise liquidated its entire position in XRP (approximately 3.8%) in its hotly traded Bitwise 10 Crypto Index Fund (OTCQX: BITW).Both Jump Trading and Galaxy Digital have stopped making markets in XRP.Bitstamp has halted XRP trading and deposits for US customersCoinbase reportedly has not made any decision and is in a “holding pattern” on the topic of suspending / delisting XRP.London-based digital exchange, B2C2 has stopped trading...
🎄Today will be the last issue of BitDigest published this week. I will provide updates early next week, but I am planning to spend some time over the remaining days of 2020 sleeping in and celebrating the holidays with my family. Wishing everyone a very Merry Christmas and happy holidays.🎅🏻 THE HEADLINES MARKET DATA EXCHANGE, CUSTODY AND PRODUCT NEWS THOUGHTS ON THE ECOSYSTEM
