Mike Novogratz said that investors remain confident in the top crypto asset, regardless of the Trump administration’s rules.
Earlier this month, Ripple sold $15 million of its MoneyGram stock while not giving any specific reason behind it.
The lawsuit is centered around XRP. The SEC described XRP as an unregistered securities offered to investors not only in the United States but also across the globe.
On Thursday, December 24th, ETH is declining, trading at 580.00 USD.
On 14 December 2020, Grayscale announced publicly that their Asset Under Management had increased to $13 billion for the first time. Interestingly, this has increased to $16.4 billion in a little over a week.
Digital assets manager Bitwise has liquidated $9.3 million worth of XRP and reinvested in other assets. Hong Kong’s OSL has suspended the asset from its platform. This is done in response to SEC’s lawsuit against Ripple Inc.
On Wednesday, President Trump’s Working Group on Financial Markets published a report regarding stablecoins retail payments perception amongst the public.
Within three weeks of the launch of Ethereum 2.0 Beacon Chain, the Ethereum deposit contracts have seen over 2 million ETH inflows which is 380% more than the threshold value.
The protection of the American investors was one of the top priority for Jay Clayton while he served as the Chairman of the SEC.
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements. 23 Dec, 2020.
Gold protected tokens like GoldFinX appears to be the best investment source for institutional and retail investors since they can be easily traced back to find its custodial asset backing its worth.
Origin also says its staking program will help limit its token’s circulation supply, which will benefit the project’s token economics.
Coin Metrics noted that the number of active Bitcoin addresses with at least 0.01 BTC did not just grow by more than 700,000 this year, it also showed a chart that the number of active addresses has topped 1.1 million.
The funds from Coinbase will serve as the needed boost in attracting more innovative developers into the industry.
With more than 400 validators on the platform, the Free TON network claims that it is sufficiently decentralized to attain the mainnet status.