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Ethereum Continues to Grow with the Majority of Stablecoin Projects Leveraging its Network
Cryptocurrencies

Ethereum Continues to Grow with the Majority of Stablecoin Projects Leveraging its Network

Ryan Watkins, a researcher at Messari, believes that the numerous stablecoin protocol experiments on the Ethereum network are impressive.

25 Publicly Traded Companies Hold a Total of 178,855 Bitcoins Worth $9.6 Billion
Cryptocurrencies

25 Publicly Traded Companies Hold a Total of 178,855 Bitcoins Worth $9.6 Billion

New data by digital asset firm Bloqport reveals that 25 publicly traded companies now hold a total of 178,855 Bitcoin on their balance sheets worth $9.6 billion.

Bitcoin Hits Two-Week High as Institutional Inflow Continues Trickling In
Cryptocurrencies

Bitcoin Hits Two-Week High as Institutional Inflow Continues Trickling In

Bitcoin and Ethereum bullishness are back as more big-money bets keep flowing into cryptocurrencies.

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv
Cryptocurrencies

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

PayPal Inc. has officially confirmed its plans to acquire the crypto startup company Curv.

India’s Finance Minister Says Crypto Ban May not Happen and Government May Experiment with New Technologies
Cryptocurrencies

India’s Finance Minister Says Crypto Ban May not Happen and Government May Experiment with New Technologies

India’s Finance Minister, Nirmala Sitharaman, has revealed that the government is not intending to completely ban cryptocurrencies.

More Consolidation to be Expected from Bitcoin as the Dollar Rallies and US Stock Market Is Down
Cryptocurrencies

More Consolidation to be Expected from Bitcoin as the Dollar Rallies and US Stock Market Is Down

Crypto analyst Joseph Young thinks that Bitcoin is treading with caution due to the strengthening of the dollar, and he suggests this could prompt a short-term price consolidation.

Wall Street Veteran Urges Investors to Add Cryptocurrencies to Their Investment Portfolios
Cryptocurrencies

Wall Street Veteran Urges Investors to Add Cryptocurrencies to Their Investment Portfolios

Veteran George Ball, a renowned Wall Street Veteran, has said that the addition of crypto to investment portfolios are attractive because they increase returns.

Ethereum Gas Fees Hit a Monthly Low - Could this Trigger an ETH Uptrend?
Cryptocurrencies

Ethereum Gas Fees Hit a Monthly Low - Could this Trigger an ETH Uptrend?

New data by on-chain data provider Glassnode notes that the total Ethereum gas fees paid have hit a monthly low of $666,735.56.

Investors Should Brace Themselves and Get Ready for Bitcoin's Second Bull Run, says Crypto Analyst
Cryptocurrencies

Investors Should Brace Themselves and Get Ready for Bitcoin's Second Bull Run, says Crypto Analyst

Crypto analyst Lark Davis believes that the second wave of Bitcoin's bull run is on the verge of beginning after the first wave sent BTC to an ATH of $58,300.

PayPal May Be in Talks to Acquire Curv Crypto Custody Firm
Cryptocurrencies

PayPal May Be in Talks to Acquire Curv Crypto Custody Firm

After PayPal dropped plans to acquire BitGo digital asset custody firm, it has been reported that it is now aiming to acquire Curv crypto custody firm.

Bitcoin Recovers from Plunge Triggered by Confirmation Hearing for SEC Chair Nominee Gary Gensler
Cryptocurrencies

Bitcoin Recovers from Plunge Triggered by Confirmation Hearing for SEC Chair Nominee Gary Gensler

Bitcoin (BTC) dipped after Gary Gensler said that it was a challenge for the SEC to keep cryptocurrency markets free of fraud.

Bitcoin Gains Strong Momentum as It Surpasses the $48K Barrier
Cryptocurrencies

Bitcoin Gains Strong Momentum as It Surpasses the $48K Barrier

BTC has gained its momentum, as acknowledged by crypto analyst Joseph Young because it is up by 6.1% in the last 24 hours to trade at $49,001 at the time of writing,

Bitcoin’s Outflow from Exchanges still Heavy Despite Looming Correction, says Crypto Trader
Cryptocurrencies

Bitcoin’s Outflow from Exchanges still Heavy Despite Looming Correction, says Crypto Trader

Veteran market and crypto trader Michael van de Poppe has noted that despite the current price correction, Bitcoin outflows from exchanges are still sizable.

Investors See Bitcoin as a Long-Term Investment, says Crypto Analyst
Cryptocurrencies

Investors See Bitcoin as a Long-Term Investment, says Crypto Analyst

Despite the current price correction, on-chain analyst Willy Woo has revealed that Bitcoin’s velocity is higher than that of funds allocated for spending it.

Grayscale Plans to Offer More Digital Asset Products to Meet Rising Investor Demand
Cryptocurrencies

Grayscale Plans to Offer More Digital Asset Products to Meet Rising Investor Demand

Grayscale Investments LLC has announced plans to explore other digital assets.