CoinShares XRP ETF Files with SEC as Nasdaq Listing Nears
CoinShares, a leading digital asset manager, has taken a significant step toward bringing an XRP exchange-traded fund (ETF) to the… For the full story, head over to TheCurrencyAnalytics.com.
What Happens If Ethereum Hits $100,000?
What does ETH at $100,000 look like? If ETH hits $100,000, Ethereum will become a multitrillion-dollar economy with outsized knock-on effects. At $100,000 per Ether (ETH), today’s circulating supply of 121.1 million would imply a market value of around $12.1 trillion. That’s about 3.2 times Apple’s market cap and roughly 44% of gold’s estimated total…
How Far Could Prices Fall Below $107K-$110K Support?
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin’s BTC$111,725.38 price recovery following Friday’s crash has been tepid at best, leaving prices dangerously close to the key support zone. The outcome here could set the stage for significant moves. BTC rallied to $116,000 after Friday’s sharp drop, during which…
The DMD Diamond Project Announces the Creation of an Association to Support and Develop the Decentralized Ecosystem
Austria — The DMD Diamond blockchain project, known for its long-standing commitment to decentralization and innovation, announces the launch of the DMD Diamond Association just before the mainnet of DMDV4. The DMD Diamond Association is a non-profit organization established to foster and advance the decentralized principles of the DMD ecosystem. Inspired by leading industry models, this new organization…
Serbia’s Financial Watchdog Unveils Plans For Nationwide Crypto Surveillance System
Serbia’s Ministry of Finance has revealed plans to acquire a system that will facilitate the monitoring of crypto activities within the country. The crypto surveillance move is part of the Ministry of Finance’s efforts to combat money laundering and terror financing within the country. Crypto monitoring might enhance proper regulation and transparency; however, it could…
Bitcoin Faces Volatility After Crash but Debasement Trade Remains Intact
Bitcoin surged to a record high last week before experiencing a dramatic setback, raising questions about whether the so-called debasement… For the full story, head over to TheCurrencyAnalytics.com.
95% ETH Corporate Buys Happened In Q3: Bitwise
Nearly all of the Ethereum accumulated by public companies to date occurred within a three-month window between July and September, according to recent data. This comes as several crypto executives predict that Ether’s (ETH) price will rise by as much as 200% before the end of the year. “95% of all ETH held by public…
Bitcoin Price (BTC) Analysis: Catch-Up to Gold Coming
Bitcoin BTC$110,442.57 is lagging its usual October pace but at least some analysts say its steadiness near the $111,000 mark signals strength, not weakness. The price action today will be familiar to frustrated bitcoin bulls, with gold and silver surging yet again to new record highs and U.S. stocks in the green. Bitcoin, though, remained…