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US Crypto Holders Trust Banks and Exchanges for Custody
A recent survey by Paxos revealed that a majority of US crypto holders still trust banks, exchanges, and mobile payment apps for custody of their assets. Despite high-profile collapses and poor risk management practices, crypto owners continue to trust intermediaries for holding crypto assets. The survey also found an increasing desire among consumers to purchase Bitcoin and other digital assets from traditional banks, presenting a significant untapped opportunity for banks to expand their offerings.
Bitcoin Funding Turns Negative amid 70% of BTC Circulating Supply Being Hodled
BTC funding flipped negative following long liquidations as prices slipped to lows of $42,000.
Bitcoin Hodlers Experience Profits on Majority of Trading Days
Bitcoin's profitability challenges the narrative of depreciating volatility. 88.50% of Bitcoin's tradable days were profitable for hodlers, with just 11.56% being unprofitable. Understanding market cycles is crucial for investors, while some prefer daily trades. General Bytes shut down its cloud services due to a discovered security vulnerability.
Hodlnaut Held Up to $13m on FTX Prior to Withdrawal Halt
Bankrupt crypto lending firm Hodlnaut may have $13M locked in FTX
Arcade fighting game Battle of Olympus to launch presale for GODLY token on Arbitrum on March 27
Battle of Olympus, an arcade street fighting game, is set to launch the first phase of its presale for its in-game currency $GODLY on Arbitrum on Monday, March 27.
Algorand Foundation Faces $35M Losses from Exposure to Hodlnaut
The losses at Algorand relate in part to exposure to Hodlnaut. The firm said it is pursuing a legal approach to recover such losses from Hodlnaut.
Bitcoin is Showing Short-Term Weakness, says Crypto Analyst
Crypto analyst Carl Martin has noted that Bitcoin is showing signs of weakness in the short term.
Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched
Despite the bearish momentum experienced in the Bitcoin (BTC) market, long-term hodlers remain steadfast because they are not selling.
Singapore Crypto Lender Hodlnaut Suspends Withdrawals, Citing Tough Market Conditions
Hodlnaut on Monday suspended all withdrawals, swaps, and deposits on its platform and said it is exploring potential recovery plans options.
Ripple Receives Approval for Digital Payment License from MAS
Ripple, a leading provider of enterprise blockchain and cryptocurrency solutions, has announced a significant milestone for its Singapore subsidiary, Ripple Markets APAC Pte Ltd.
The Biggest Cryptocurrency Exchanges In 2021
It can be extremely scary to invest in cryptocurrencies especially for a new time investor due to the constant news they hear about scams.
Long-Term Hodlers Remain Unfazed, Despite Bitcoin’s Sentiment Hitting Rock Bottom
As Bitcoin stagnates between the $29K and $30K levels, sentiment about the leading cryptocurrency has nosedived to levels last seen during the onset of the Covid-19 pandemic in March 2020.
Bitcoin Inflows Into Exchanges Hits a 5-Month Low
Bitcoin inflows into crypto exchanges dropped to a 5-month low.
Glassnode Survey: 60% of Bitcoin Supply has been Immobile Showing Investors’ Hodling Behaviour
Glassnode, an on-chain analysis company, has revealed that 60% of Bitcoin (BTC) supply has remained inactive in more than a year. This considerable number shows the hodling tendencies adopted by investors, and a similar trend was witnessed in 2017 some months before the BTC price skyrocketed to a record high of $20,000.
Hodlnaut Lost $190M from Hong Kong Branch in TerraUSD Wreck
A report from the interim judicial manager has uncovered that cryptocurrency lender Hodlnaut's Hong Kong branch lost nearly $190 million during the collapse of the Terra/Luna digital token in May 2022.
Ethereum Needs to Hold $2,800 for Sustainable Bullish Momentum
With Ethereum being treated like a stone's throw away from the psychological price of $3,000, its upward momentum continues to gain steam.
NFT project Doodles pivots to become media franchise
Doodles, an NFT project, has announced plans to pivot to become a media franchise. The move is intended to focus on loyal collectors and move away from financial speculators.
C10: An All-Weather Approach to Investing In Cryptocurrencies
The future of cryptocurrencies looks bright as an increasing number of investors are looking for alternative investment opportunities, but many remain hesitant because of the market's extreme volatility.
VanEck's Ambitious Move: A Spot Bitcoin ETF with a "HODL" Ticker
VanEck submits a fifth amended application for a spot Bitcoin ETF under the "HODL" ticker, aiming for SEC approval and significant market impact.
Ripple to Cash In One-Third of its Stake in MoneyGram
Leading blockchain payments company Ripple plans to sell a third of its stake in American money transfer firm MoneyGram.
Ripple Rolls Out On-Demand Liquidity Solutions in Sweden and France
To render seamless and real-time cross-border payments, Ripple, a leader in blockchain and crypto enterprise solutions, has established On-Demand Liquidity (ODL) solutions in France and Sweden.
Will Ethereum's Records Biggest Crypto Exchange Outflow in 2022 Propel More Upward Momentum?
Ethereum witnessed the largest crypto exchange outflow this year, given that coins exited in droves to the tune of more than 180,000 ETH.
Strategies for Trading Bitcoin in 2021
Almost everybody that uses the internet knows about Bitcoin trading. And, the Bitcoin market doesn't seem like it will slow down any time soon. So, if you're yet to venture into Bitcoin trading, you need to consider making a move.
Hodlnaut Applies for Court Protection amid Liquidity Crises
Hodlnaut, a Singapore-based digital currency lending platform, has joined its counterparts in seeking out the protection of the courts with its recent application for Judicial Management.
Ripple Outpaced Other Blockchain Companies on Inc's List of Fastest-Growing US Companies
Ripple has outpaced other indigenous blockchain companies on a recently published list of 5000 fastest-growing private companies in the United States.
Coinbase Still Holds 1.4m Bitcoin for Institutional Investors, Representing a Rise of 296% from Q4 2020
Despite the ups and downs experienced in the Bitcoin market since the fourth quarter of 2020, crypto exchange Coinbase continues to hold 1.4M BTC for institutional customers.
82% Ethereum Holders Still in Profitability Despite Price Slipping Below $4,000
Ethereum has yielded an annual return more than five times that of Bitcoin.
Why Bitcoin is Popular among Investors
The number of forums where people are discussing Bitcoin trading and investing has increased over recent years. More companies and individuals are also interested in Bitcoin trading and investing.
Slangs Used in Crypto Space
There is a plethora of crypto slang in the industry and it can be helpful to know about them as it can quickly explain the different terms used in the industry.
Hodling Bitcoin is the Trend Once Again, according to Santiment
New data by on-chain data provider Santiment reveals that dormant Bitcoin has been on the rise as the BTC hodling culture comes back into play.
Bitcoin Crosses $20K Mark, as Whales Continue to Accumulate Tokens
After slipping to lows of $18,000, Bitcoin has gained momentum and crossed the psychological price of $20,000.
Bitcoin Hodlers’ Accumulation Continues, Ruble-Denominated BTC Volumes Hitting 9-Month High
Bitcoin hodlers remain unfazed despite the leading cryptocurrency recently hitting lows of $34,000 as they continue accumulating more coins.
Bitcoin Eyes Settling $45 Trillion in 2021, Twice the Value of all its Previous Years Combined
By the close of the year, Bitcoin (BTC) is set to make the highest transfer volume of $45 trillion, a scenario not seen in its twelve-year journey.
Singapore police allegedly investigate Hodlnaut
Singaporean crypto lender Hodlnaut is reportedly under investigation for cheating and fraud. Multiple complaints against the platform between August and November 2022 prompted the police to investigate the exchange's founders. Singapore police say most complaints involve misrepresentations.
Bitcoin Miners’ Accumulation Has Been Consistent for Nearly a Year
Bitcoin miners have consistently accumulated more coins for almost one year, according to market insight provider Glassnode.
Is Bitcoin Eyeing a Strong Movement amid Hodled Coins Hitting a 5-Year High?
Bitcoin might be geared toward a strong movement based on declining historic volatility.
MoneyGram Continues to Receive Millions in Development Fees From Ripple
Ripple continues to pump money into MoneyGram remittance services in market development fees as compensation for providing liquidity to its ODL XRP network.
Ripple Customers to Seamlessly Interact via RippleNet Home
RippleNet Home, an innovative product by Ripple, is set to revolutionize the way customers partner and connect on this platform. This product will also benefit companies as they will be able to get real-time insights about the performance and payment flows.
Ripple and MoneyGram Partnership Ends amid SEC Lawsuit
Ripple and MoneyGram’s partnership through which they furthered remittance services using XRP and Ripple technology has officially ended.
Ripple Continues Working with Central Banks Looking to Deploy CBDCs using XRP Ledger
Ripple seems to be moving in silence but it has been working on bigger projects, namely on furthering central bank digital currency (CBDC) development.
Crypto Clarity for Ripple's XRP not only Missing in the US but also in India
Ripple faces regulatory hurdles for XRP in the United States, but that may not be the only place where XRP operations are not welcome.
Ripple to Build The Core Ledger that Will Power Central Bank Digital Currencies
Ripple has been making headway in pursuing projects involving central bank digital currency issuances.
Ripple Sees 1760 Percent Increase in Institutional Over-the-Counter Sales of XRP in Q2 2020
Ripple reported an increase in over-the-counter (OTC) sales of its XRP cryptocurrency in the second quarter of 2020, totaling $32.55 million, compared to $1.75 million in Q1 2020.
Ripple CEO Hints that XRP Operations Will Be Fine Despite SEC Lawsuit and Previous Failure to Settle
Ripple’s CEO Brad Garlinghouse demystified certain things pertaining to the Securities and Exchange Commission (SEC)’s lawsuit.
Ripple-Backed BBVA Bank to Launch Cryptocurrency Trading in 2021
BBVA, Spain’s second-largest bank, announced its plans to introduce cryptocurrency trading and custodial services in early 2021.
XRP Token is Classified as a Non-Security by the UK Treasury
The UK has released a report for crypto assets and stablecoins to deliver a more comprehensive overview of its financial system.
MoneyGram CEO Praises Ripple XRP for Providing Speed and Efficiency for Cross-Border Payments
MoneyGram CEO Alex Holmes praised Ripple for the innovation it was providing to the blockchain and cryptocurrency space.
Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption
Santander Bank, a major European financial presence and one Ripple’s most prestigious partners is reportedly hesitating to add XRP to its international payments network - One Pay FX