Wednesday, December 8, 2021

Market

Shady Twitter Account Fxhedge Tweet Erased $288 Billion From Crypto Market

An unconfirmed headline that the US Treasury is accusing several financial institutions of laundering money in cryptocurrency has caused chaos in the cryptocurrency market. The headline that allegedly triggered the crash was posted by a shady Twitter account called FXHedge. window.coinzilla_display = window.coinzilla_display...

Canada Approves Launch of World’s First Ethereum Based ETF

Canada is making a name for itself in cryptocurrency market. Two months after approving the world's first Bitcoin ETF, Canadian regulators have approved the world's first Ethereum exchange-traded fund (ETF). window.coinzilla_display = window.coinzilla_display || ; var c_display_preferences = {}; ...

ARK Sells Tesla Shares Worth $99.5 Million To Buy Another $64 Million In Coinbase Shares

According to the firm's daily trading summary, ARK funds bought more shares of crypto exchange Coinbase Global Inc on Friday, selling shares of electric car maker Tesla. window.coinzilla_display = window.coinzilla_display || ; var c_display_preferences = {}; ...

Bitmain Announced The Release Of New ASIC Miner For Ethereum Mining

The manufacturer of mining equipment Bitmain will release a new model of the device designed for mining the second-largest cryptocurrency Ethereum. window.coinzilla_display = window.coinzilla_display || ; var c_display_preferences = {}; c_display_preferences.zone = "325fe079eb73cc7840"; ...

Binance Burned $600 Million BNB Making A Record In Dollar Terms

Cryptocurrency giant Binance has announced that it has burned 1,099,888 BNB for the first quarter of 2021, equivalent to almost $600 Million, setting a record in dollar terms. Binance burns Binance Coin every quarter of year. The burning process covering the first quarter of this year was in block 157215916.

Dogecoin Marketcap Surpasses Southwest Airlines And Rumors Arise Robinhood’s Restricting Dogecoin Trading

The market capitalization of the  Dogecoin (DOGE) which rose more than 300% this week surpass Southwest Airlines, the world's largest low-cost carrier airline. window.coinzilla_display = window.coinzilla_display || ; var c_display_preferences = {}; c_display_preferences.zone = "325fe079eb73cc7840"; ...

For The First Time Grayscale Surpassed $50 Billion In Cryptocurrency Assets Under Management

The total amount of assets in the Grayscale Crypto Investment funds reached $50.6 billion. $41.4 billion of the total amount is invested in the Bitcoin trust. The value of the Ethereum-based fund is $7.4 billion. https://twitter.com/Grayscale/status/1382434970304712712   In total, the company manages 14 trusts, five of which Grayscale launched in March 2021....

Binance List the Coinbase Stock Token (COIN)

Binance will list the Coinbase Stock Token (COIN) following Coinbase’s official listing on NASDAQ, COIN/BUSD trading pair will be open. Users will be able to trade fractional Coinbase stock on the Binance exchange. window.coinzilla_display = window.coinzilla_display || ; var...

Europe’s Largest Digital Asset Investment Firm CoinShares Launches XRP Exchange Traded Product (ETP)

CoinShares, a major British cryptocurrency investment company, has announced it plans to list XRP (Ripple) exchange-traded fund (ETP) on the SIX Swiss Exchange. This ETP product will be listed as a ticker symbol called "XRPL". The listing date is not specifically mentioned. XRPL will initially be listed on the regulated...

Coinbase Stock Hits The Market And Gets Reference Stock Price of $250 from Nasdaq

Nasdaq has released the figures for the reference stock price of Coinbase, the largest cryptocurrency exchange in the United States, which is scheduled to be listed on April 14. According to the official publication of Nasdaq, the reference stock price is set at $250 per Share. ...
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