Tag: bitcoin trader

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‘Can’t stop, won’t stop’ — Bitcoin hodlers buy the dip at $20K BTC

The idea that panic selling is driving BTC price losses appears less watertight on the back of the latest data. Everyone expects another Bitcoin (BTC) capitulation event, but data suggests that mass buying has already started. In a Twitter thread on June 29, Checkmate, lead on-chain analyst at data firm Glassnode, drew attention to who…
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Coinbase seeking aggressive European expansion amid crypto winter

Coinbase is already licensed to trade cryptocurrencies in the United Kingdom, Ireland and Germany. Coinbase is expanding its operations into various countries in Europe amid a “crypto winter.” Despite laying off numerous employees and rescinding job offers, Coinbase’s vice president Nana Murugesan revealed intentions to register in Italy, Spain, France and the Netherlands. In Switzerland,…
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NFT Giant OpenSea Shares 5 Safety Recommendations as Users’ Emails Leaked

Major NFT marketplace OpenSea warned their users that their emails have most likely been leaked and reminded them of 5 recommendations on how to protect yourself from email phishing attempts…. Read More: NFT Giant OpenSea Shares 5 Safety Recommendations as Users’ Emails Leaked  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Major Bitcoin ETF Legal Battle Begins as Grayscale Sues SEC

One of the biggest bitcoin (BTC) and crypto investment companies, US-based Grayscale Investments, sued US Securities and Exchange Commission (SEC) after it rejected its application to convert the Grayscale Bitcoin Trust (GBTC), the world’s largest BTC fund, to a spot exchange-trading fund (ETF)…. Read More: Major Bitcoin ETF Legal Battle Begins as Grayscale Sues SEC…
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Bitcoin and Ethereum at Make-or-Break Levels, DOGE Outperforms

Bitcoin price followed a bearish path below the USD 21,000 level. BTC extended losses and settled below the USD 20,500 level. It is currently (04:09 UTC) consolidating near USD 20,100 and is down 1% in a day and is almost unchanged in a week. Similarly, most major altcoins are trading in a bearish zone. ETH…
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BREAKING: Grayscale launches legal challenge to Bitcoin spot ETF rejection

Grayscale CEO Michael Sonnenshein on Wednesday said the company was “deeply disappointed” and “vehemently disagree” with the SEC’s decision to deny their application. Grayscale Investments has launched a legal challenge against the Securities and Exchange Commission (SEC) after being denied its application to convert its Grayscale Bitcoin Trust (GBTC) into a spot-based Bitcoin exchange-traded fund…
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Nifty news: Sandbox LAND on Polygon, ETH gain a tax loss and more…

An NFT trader pulled off a supposed tax write-off “masterclass” by booking a 74.2 ETH profit at a $52,000 loss, and print-on-demand firm Pixels.com has rolled out NFT merch support. Popular Ethereum-based Metaverse gaming platform The Sandbox has unveiled a bridge that enables users to transfer their virtual NFT LAND and native SAND tokens over…
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After 8 years dumping billions of XRP, Jed McCaleb’s stack runs out in weeks

Jed McCaleb, the former co-founder and CTO of Ripple Labs has mere weeks left until his XRP balance reaches zero. Former Ripple Labs founder Jed McCaleb is nearing the end of his eight-year XRP dump marathon, with only 81.53 million XRP (worth $26.55 million), remaining in his wallet’s balance. According to Jed Balance, a website…
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Bitcoin clings to $20K as analysts warn of a long, bumpy ride for the foreseeable future

BTC price briefly fell below $20,000 and traders warn that the all-important support level could eventually crumble after enduring an increasing number of retests. Bullish cryptocurrency traders hoping that the market was on a path higher received a dose of reality on June 29 as the price of Bitcoin (BTC) dipped below $20,000 again during intraday…
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Cardano’s Vasil hard fork proposal submitted: Countdown commences

From July 3 the four-week window for application developers and exchanges to test the upcoming Cardano upgrade begins before it’s launched onto the mainnet. Cardano (ADA) blockchain developer Input Output Hong Kong (IOHK) has submitted an update proposal to hard fork the Cardano testnet, kicking off the countdown for the network’s Vasil mainnet upgrade. The…
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