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Crypto News within the week

Bitcoin Logs 4th Straight Negative Week as Corrective Phase Extends: Bitfinex Alpha

Bitcoin (BTC) ended last week with negative returns amid the broader crypto market’s continued decline. Analysts at the crypto exchange Bitfinex revealed in a...

XRP Bulls Lose Grip as Signals Point Toward Another Decline

XRP price started a steady increase above $2.220. The price is now struggling to clear $2.280 and might start a fresh decline below $2.150. XRP...

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Michael Saylor’s Strategy Buys 130 Bitcoin, Establishes $1.44B Reserve For Dividend Payments

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Michael Saylor’s Strategy, previously known as MicroStrategy, has made another Bitcoin purchase despite the panic in the crypto market and the current BTC price action. This latest purchase also comes as the MSTR stock continues its decline, down over 5% today in premarket trading. Strategy Buys 130 Bitcoin for $11.7 Million In a press release,

The post Michael Saylor’s Strategy Buys 130 Bitcoin, Establishes $1.44B Reserve For Dividend Payments appeared first on CoinGape.

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$300 Million Crypto Bet: Kazakhstan’s Central Bank Gears Up

Kazakhstan’s central bank has signaled plans to place up to $300 million into crypto and crypto-linked assets, a move that would mark one of...

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“The Market Got It Wrong,” CryptoQuant Analyst Says Strategy’s MSTR is Massively Undervalued

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A CryptoQuant analyst has disagreed with the market’s current outlook for Strategy. In his argument, he claims that investors are mispricing the firm’s Bitcoin treasury. He said the true value of MSTR can be way higher than the traders might think. “Market Misread the Signal”: Analyst Says MSTR Is Deep in Undervaluation CryptoQuant analyst Carmelo

The post “The Market Got It Wrong,” CryptoQuant Analyst Says Strategy’s MSTR is Massively Undervalued appeared first on CoinGape.

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Top Cryptocurrency Market Events to Watch This Week

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The cryptocurrency market has seen a notable sell-off as December begins. Bitcoin has dropped below $90K, reflecting a 5% decline. Ethereum is trading under $2,900, down by 5%.  Further selling is as a result of the market slump triggered by the proposed 20% flat tax on crypto by Japan.  Meanwhile, the People Bank of China

The post Top Cryptocurrency Market Events to Watch This Week appeared first on CoinGape.

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Jupiter Launches DTF Platform As Industry Vies for Fair Token Mechanisms

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Jupiter:- Recent flashpoints like the Monad token controversy – where Arthur Hayes blasted its FDV, insider-heavy allocations, and opaque early rounds – have done more than enough to show how broken crypto token launches still are. However, this isn’t a new debate. Major industry players have been racing to reinvent how new tokens are brought

The post Jupiter Launches DTF Platform As Industry Vies for Fair Token Mechanisms appeared first on CoinGape.

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Michael Saylor’s Strategy Buys 130 Bitcoin, Establishes $1.44B Reserve For Dividend Payments

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Michael Saylor’s Strategy, previously known as MicroStrategy, has made another Bitcoin purchase despite the panic in the crypto market and the current BTC price action. This latest purchase also comes as the MSTR stock continues its decline, down over 5% today in premarket trading. Strategy Buys 130 Bitcoin for $11.7 Million In a press release,

The post Michael Saylor’s Strategy Buys 130 Bitcoin, Establishes $1.44B Reserve For Dividend Payments appeared first on CoinGape.

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Cardano (ADA) Plunges by 8% Daily but This Important Indicator Flashes the Buy Signal

The start of December brought another substantial correction, affecting most leading cryptocurrencies. Cardano’s ADA was among the worst-hit, with its price slipping by 8% over...
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Todays Highlights

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Grayscale has received clearance to move ahead with the first spot Chainlink ETF. This would be the third fund launched by the asset manager in just two weeks. The product comes amid rising adoption of the token. Grayscale Set to Launch First Spot Chainlink ETF This Week Grayscale’s Chainlink Trust is about to get turned

The post Grayscale Cleared to Launch First Spot Chainlink ETF This Week Amid Rising Demand appeared first on CoinGape.

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