Cryptocurrency Analysis and News Portal
Dutch cryptocurrency service provider Amdax is preparing to launch a Bitcoin treasury company on Amsterdam’s Euronext stock exchange, as more European companies follow US counterparts in adopting Bitcoin strategies.Amdax said Monday it is creating AMBTS B.V., a privately held company with independent governance that will operate as a stand-alone firm.
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Crypto pundit XRP Avengers has declared that XRP can’t hit $1,000, a price level that has been discussed among community members. The pundit explained why he holds this belief, alluding to the altcoin’s market cap. Why XRP Cannot Hit $1,000 In an X post, the crypto pundit said that XRP cannot hit
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Bitcoin has fallen more than 7% dipping below $115,000, since hitting its all-time high of over $124,000, as traders booked in over $3.5 billion of realized profits across the weekend, according to Glassnode data. Saturday alone saw $3.3 billion in profit taking, the largest single-day figure since mid-July and
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Bitcoin (BTC) starts a new week with a fresh sell-off, and traders are split over where BTC will head next.BTC price action has dipped $10,000 since its latest all-time high just days ago, leading to comparisons with the 2021 top.Order-book manipulation may be to blame, analysis argues — a large
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Key NotesAnalyst Ali Martinez warns XRP could fall to $2.60 or even $2.Whale activity on Binance suggests increased sell pressure.Despite the drop, new adoption developments bolster long-term outlook. As the crypto market shed nearly 3% of its total value to start the week, top altcoins saw the impact. XRP slipped below
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Tokyo-listed Metaplanet Inc (3350) has acquired an additional 775 bitcoin for 13.73 billion yen (about $94 million), according to its most recent filing. The purchase, made at an average price of 17.72 million yen ($120,500) per bitcoin, lifts the company’s total holdings to 18,888 BTC, worth roughly 284.1 billion
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Japan's Financial Services Agency (FSA) will approve the first yen-denominated stablecoin as early as this fall, according to a Nihon Keizai Shimbun report on Sunday.Fintech company JPYC will register as a money transfer business with the FSA, paving the way for the approval of the first yen stablecoin. JPYC's stablecoin
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Bitcoin experienced a significant drop in the early hours of August 18, briefly falling to $114,955 before stabilizing above $115,200. Market-Wide Plunge and Bitcoin’s Retreat On Monday, Aug. 18, bitcoin ( BTC) tumbled, briefly dropping to $114,955 before recovering and consolidating above $115,200. The top cryptocurrency’s 2.3% decline in 24
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The non-fungible token (NFT) market lost more than $1.2 billion in value in less than a week as Ether’s rally slowed, according to sector data.On Monday, NFT Price Floor data showed that the total valuation of NFT collections had dropped to $8.1 billion, a 12% decline from Wednesday’s NFT market
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