Cryptocurrency Analysis and News Portal
Shares in Grayscale Investments’ Ethereum Investment Trust, or ETHE, are trading at a 750% premium over the market rate of their underlying asset on the secondary markets, according to data published by crypto analysis firm Messari.The premium on Grascale’s fund has aggressively widened since the start of the year, with
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According to Bithumb, the 0.55 Ethers (ETH) that incurred a $2.6 million transaction fee ended up in one of the exchange’s wallets.Mistake or money laundering?Earlier today, someone paid 10,668.73 Ethers in gas to move $134 worth of the asset from one wallet to another. For comparison, today’s average gas price
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Amid the sharp rise in bitcoin's price Wednesday, shares in the Grayscale Bitcoin Trust (GBTC) also saw notable gains.Bitcoin's sudden rally – which many analysts are associating with expectations around the coming miner reward halving event – helped propel the investment vehicle to a 14.3% gain on the day, with
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DeCurret, the exchange promoting cryptocurrency to be used as a payment method for Japan’s massive public transportation system, just restructured its capital.According to an April 10 press release by the crypto exchange, DeCurret announced that it had issued new shares worth 2.75 billion yen — approximately $25 million —
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A subsidiary of Japanese financial services giant SBI Holdings has seen its share of Bitcoin Satoshi’s Vision (BSV) mining pool share rise since the first halving on April 10. According to cryptocurrency information site CoinDance, cryptocurrency mining company SBI Crypto held about 4.4% of the total shares of BSV last
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Since the advent of bitcoin in 2009, cryptocurrencies have gone from being a niche topic for tech nerds to ubiquitously recognized —
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Rapper and entrepreneur, Akon, shared the whitepaper for his upcoming ‘Akoin’ cryptocurrency project exclusively with CryptoX.The document describes Akoin as a cryptocurrency “designed for entrepreneurs in the rising economies of Africa and beyond,” adding that the project’s mission is to “unlock the potential of the world’s largest growing workforce”
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Bitcoin and cryptocurrency prices have seen significant gains as the entire cryptoconomy is up more than 40% since mid-December. Grayscale’s Bitcoin Trust
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The stock price of Canaan Inc, a bitcoin mining giant based in Beijing, has dropped by $12 to $5 since November 25, by more than 58 percent. It comes after the price of BTC abruptly declined from $7,700 to $6,600 in the same period.In recent months, as seen in the
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Chinese Bitcoin (BTC) mining giant Canaan Creative’s depositary shares have seen a 40 percent drop in value since November initial public offering (IPO).Canaan was the first Bitcoin mining giant to go public on a major United States stock exchange, and successfully navigate an IPO. However, the mining giant’s stock
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