Cryptocurrency Analysis and News Portal
Quick take:The share price of Grayscale Bitcoin Trust (GBTC) has increased by 63% since October 1stGrayscale continues to accumulate Bitcoin (BTC) owning approximately 2.7% of the total supplyInvestors who believe Bitcoin is overpriced could be buying GBTC as a long term holdThe share price of the Grayscale Bitcoin Trust (GBTC)
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The bitcoin options market looks to be predicting a pick up-in price volatility following the U.S. presidential election. Source
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The Dow Jones Industrial Average rose by as much as 331 points on Tuesday.Markets are pricing in a potential Biden victory.A contested election could reverse this morning rally.The Dow and broader U.S. stock market traded higher on Tuesday, as investors hoped that a clear winner would emerge from the U.S.
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Publicly traded digital-asset brokerage Voyager Digital registered four-digit revenue growth in the fiscal year ended June 30, 2020. In an announcement Thursday, the Canada-based firm said revenue rose to roughly $1.1 million, marking a 1,159% rise from the previous fiscal year’s tally of $87,318.Other figures for the same period are also
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Bitcoin (BTC) fell 2% Friday, the most in three weeks, after the market was spooked by the announcement that the cryptocurrency exchange OKEx had suspended withdrawals because founder Mingxing “Star” Xu was reportedly taken into police custody. The executive is the holder of a private key needed to authorize withdrawals, and that became impossible since
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Following the news about the progress with COVID-19 vaccine trials, Novavax shares which closed 0.86% higher on Thursday gained more than 7.33% in the pre-market.American vaccine development company Novavax Inc (NASDAQ: NVAX) has revealed that it has commenced its late-large COVID-19 vaccine trials in the United Kingdom stirring a rise
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The news about the victory in the lawsuit filed 2 years ago has pushed the price of Tesla (TSLA) stock higher.Electric automaker Tesla Inc (NASDAQ: TSLA) has clinched victory in the lawsuit filed in 2018 against its former employee Martin Tripp. As reported by Reuters, Martin was fired for hacking
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Bitcoin is again looking to establish a foothold above $11,000 on Friday, although the technical charts are anything but stridently bullish. Source
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A vampire protocol has driven Uniswap to the top of the decentralized finance (DeFi) charts. As of roughly 21:00 UTC, the automated market maker (AMM) has $1.65 billion in total value locked, according to DeFi Pulse, unseating lending platform Aave. Sources with knowledge of the situation tell CryptoX this is driven largely
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Prices for ren, the token for the RenVM DeFi network, surged by more than 100% over the past week. That’s because the total amount of renBTC, a tokenized bitcoin that is locked in RenVM, broke 10,000 on Monday, according to data collected by DeFi Pulse. Source
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