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Crypto News within the week

XRP DEX Hits 954K Transactions as Price Faces Selling Pressure

The XRP Ledger’s native decentralized exchange (DEX) just hit an all-time high of 954,000 daily transactions on November 4, according to on-chain data. While this...

Ethereum Weakens Again, Bulls Unable to Spark Meaningful Recovery

Ethereum price started a fresh decline from $3,480. ETH is struggling to recover and is now at risk of another decline below $3,250. Ethereum started...

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Strategy Raises $715M to Buy More Bitcoin Through New Preferred Stock

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Strategy Inc., the world’s first and largest Bitcoin treasury company, has successfully priced its initial public offering of Series A Perpetual Stream Preferred Stock (STRE Stock), raising approximately $715 million (€620 million).  The company plans to use the proceeds primarily to acquire additional Bitcoin and bolster its working capital. The offering, announced on November 6,

The post Strategy Raises $715M to Buy More Bitcoin Through New Preferred Stock appeared first on CoinGape.

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10,000 BTC Bought by Whales Overnight: What Does it Mean for Bitcoin’s Price?

In the last 24 hours, large Bitcoin holders, also known as whales, have added more than 10,000 BTC to their wallets. This comes from...

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Ethereum Price Falls 25% But On-Chain Data and Institutional Staking Signal Q4 Recovery Potential

The Ethereum price dropped nearly 25% this quarter, slipping to lows around $3,099 before stabilizing around $3,300 amid broad market weakness and rising U.S.–China...

Can Ethereum Price Break Below $3k as Exchange Reserves Hit Record Lows?

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Ethereum price has fallen below the $3,300 level, reflecting ongoing selling pressure in the market. Over the past 24 hours, ETH dropped by 2%, hovering around at $3,200. This drop contributes to the massive losses of the cryptocurrency, as it fell by 14 % in the past week and 26% in the last 30 days.

The post Can Ethereum Price Break Below $3k as Exchange Reserves Hit Record Lows? appeared first on CoinGape.

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Arthur Hayes Bets Big on Zcash as It Tops $10B and Surpasses Hyperliquid

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Arthur Hayes has disclosed that Zcash has turned into one of his fund’s biggest liquid holdings as the token’s market capitalization reached over $10 billion, finally surpassing Hyperliquid to re-enter the top 20 cryptocurrencies. Arthur Hayes Doubles Down on Zcash’s Potential Arthur Hayes confirmed in a post on X that Zcash now represents his firm’s

The post Arthur Hayes Bets Big on Zcash as It Tops $10B and Surpasses Hyperliquid appeared first on CoinGape.

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JPMorgan Reveals $340M BlackRock Bitcoin ETF Bet Amid Crypto Treasury Decline

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U.S. banking giant JPMorgan has disclosed a major increase in its BlackRock Bitcoin ETF (IBIT) holdings. However, several corporate treasury portfolios are facing sharp unrealized losses in their crypto holdings. JPMorgan Boosts IBIT Stake by 64% A new 13F filing shows the bank now holds 5.28 million shares of IBIT valued at roughly $343 million

The post JPMorgan Reveals $340M BlackRock Bitcoin ETF Bet Amid Crypto Treasury Decline appeared first on CoinGape.

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Strategy Raises $715M to Buy More Bitcoin Through New Preferred Stock

#item_media

Strategy Inc., the world’s first and largest Bitcoin treasury company, has successfully priced its initial public offering of Series A Perpetual Stream Preferred Stock (STRE Stock), raising approximately $715 million (€620 million).  The company plans to use the proceeds primarily to acquire additional Bitcoin and bolster its working capital. The offering, announced on November 6,

The post Strategy Raises $715M to Buy More Bitcoin Through New Preferred Stock appeared first on CoinGape.

media:content [#item_media]
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Todays Highlights

What to Know: US Federal Reserve Governor Stephen Miran is proposing a December rate cut. If this goes  through, it could put investors in buy...
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