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Tag: CryptoCompare

Market Analysis Report (09 Jun 2021)

Historic Moment: El Salvador Approves Law to Make Bitcoin Legal Tender | CFTC Commissioner Says DeFi Derivatives May Be Illegal | Coinbase Says It Wasn’t Involved in DarkSide Bitcoin Seizure

Market Analysis Report (08 Jun 2021)

Bitcoin ‘Seems Like a Scam’: Donald Trump | Deutsche Bank Issues Stark Inflation Warning | Bitcoin Open Interest Drops 25% While Ethereum's Rises

Market Analysis Report (07 Jun 2021)

El Salvador Plans to Make Bitcoin Legal Tender | Ruffer Exits Bitcoin Position With $1.1 Billion in Profit | FTX Pays Pro Esports Team $210 Million to Change Its Name

Dormant Bitcoin Whale Moves Its BTC After Its Price Rose 270,000%

A cryptocurrency whale that hasn’t moved its bitcoin from a specific wallet since 2013 has recently moved the funds, according to large crypto transaction monitoring tool Whale Alert. The bitcoin whale’s wallet first received 900 BTC back in 2012, from a rather active address at the time that could have belonged to a cryptocurrency exchange. […]

453 million XRP: Ripple Co-Founder Jed McCaleb Kept Cashing Out in May

Ripple co-founder Jed McCaleb cashed out an estimated 453 million XRP in the month of May, and still has a total of 617.3 million tokens on his “~tacostand” wallet, according to XRP blockchain data provider XRPSCan. McCaleb is said to have started working on Ripple back in 2011, and was part of its founding team […]

Elon Musk Breaks Hearts of Those Who Fell in Love With Him When Tesla Bought Bitcoin

Bitcoin’s price was seemingly about to retest the $40,000 mark before it abruptly fell over a tweet from Tesla CEO Elon Musk that seemingly implied he was “breaking up” with the flagship cryptocurrency. To some, this could mean Tesla is selling its BTC holdings. Musk tweeted out a meme about a couple breaking up over […]

Bitcoin’s Price Is ‘Discounted’ and Could Move to $100,000, Says Bloomberg Analyst

Bloomberg’s senior commodity strategist Mike McGlone has described the price of bitcoin as being “discount” and revealed its bull market appears to be intact with a $100,000 price target appearing more likely than a retrace back to $20,000. In the June edition of the Bloomberg Galaxy Crypto Index report, the Bloomberg strategist described bitcoin’s price […]

FTX Launches Innovative Perpetual Futures Products Based on MVIS-CryptoCompare Indices

On Thursday (June 3), crypto exchange FTX launched continued demonstrating word-class execution by launching two exciting new perpetual futures products: “MVDA10-PERP” and “MVDA25-PERP“. These two products are based on the MVIS CryptoCompare Digital Assets 10 Index (ticker: MVDA10) and MVIS CryptoCompare Digital Assets 25 Index (ticker: MVDA25) respectively, which were licensed from VanEck subsidiary MV Index Solutions GmbH (MVIS®) […]

Market Analysis Report (03 Jun 2021)

The ECB Discusses the Importance of CBDCs | Google Partially Lifts Cryptocurrency Advertising Ban | Standard Chartered to Launch Cryptocurrency Exchange and Brokerage

Ethereum’s Price Could Hit $40,000 in Long Run, Winklevoss Twins Say

The Winklevoss twins, who co-founded the Gemini digital asset exchange as well as family office Winklevoss Capital Management, have predicted the price of Ethereum could reach $40,000 in the long run, with a price target between $5,000 and $10,000 for the end of this year. During an interview with SumZero, the Winklevoss twins noted that […]

Market Analysis Report (02 Jun 2021)

Aquis Exchange to List UK’s First Bitcoin ETP | Ether Investment Products Gain Market Share as Institutional Demand Grows | Coinbase Pro Lists Dogecoin After DOGE’s 6,000% Rise This Year

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