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News and Articles by Anahit

SkyBridge BTC funds

SkyBridge Capital Has Put $182 M in BTC


New York-based global investment enterprise SkyBridge, which owns $9.3 B worth of capital, intends to launch a Bitcoin fund on January 4. The organization submitted papers to the Securities and Exchange Commission on December 21. As mentioned in an investor brochure, the total sum of SkyBridge's...

BTC mining new high

Bitcoin Miner Profits Reaching a New High


BTC miner profits measured by terahash in a second (TH/s) has surged to a new high. TH (tera, 1 trillion) is one of the Bitcoin hash rate units. And hashrate is a scale of the computational power per second used during mining. Simply putting, it is the speed of the mining process. The latest...

XRP suspended on OKCoin and Coinbase

Coinbase and OKCoin Suspend XRP Activities


The case of the U.S. Securities and Exchange Commission against Ripple continues to have negative impacts on the company. The number of firms terminating XRP purchases is increasing. A few days ago cryptocurrency exchange platform Bitstamp announced halting XRP purchases for an indefinite time....

BTC pass $28000

BTC Price Keeps Rising. Will it Reach $30.000?


Bitcoin gets closer and closer to $30.000. Today, on Dec. 28, it reached another all-time high surpassing $28000. Its market cap is above $524 B. This means the BTC price increased around $4000 within two days and 20% during the last week. The growth of the BTC price started in October when the...

Ethereum hits $711

Ethereum Goes Up by 13%, Reaching $711


Ethereum price has hit $711, which is the highest rate since May 2018. The cryptocurrency's market cap has surged $79.8 B. This follows after Bitcoin's rally, the price of which has already surpassed $28000. Many analysts assume that the Eth price will go much higher in 2021 and the coming year...

Bitstamp and XRP

Bitstamp to Suspend XRP Trading for US Customers


Luxembourg-based cryptocurrency exchange platform Bitstamp announced stopping XRP transactions for an indefinite time. The company tweeted, informing users that such a decision was made because of the SEC's lawsuit against Ripple. US customers will not be able to trade and deposit XRP from January...

BTC $25000

BTC Price Reaches $25000


After hitting $24,000 about a week ago, now Bitcoin makes another record, surging $25000. Community members celebrated the event. Many Bitcoiners were waiting for the new heights as recent months have been pretty bullish for the cryptocurrency. Bitcoin proved itself to be resilient to...

BTC custodian funds reached 16 B

BitGo Now Holds Assets Worth 16 B


California-based digital asset trust and security firm BitGo informed about its custodial funds reaching 16 B. Market analysts indicate that most likely this is a result of institutional investors needing to ensure security for custody. Among BitGo's customers are Galaxy Digital, Goldman Sachs, and...

XRP price surges 12.25.2020

XRP is up 50%. Did Changes in the SEC Cause This?


On December 24, authorities announced that the US Securities and Exchange Commission has a new chairman. Elad Roisman will replace Jay Clayton. Meanwhile, XRP saw price growth. Are these two events connected? Well, Roisman considered being a possible ally for the crypto industry. The new chairman...

Partners about XRP

SBI and MoneyGram about Ripple's Case


Ripple's two major partners SBI Holdings and MoneyGram commented on SEC's recent lawsuit against the company. Yoshitaka Kitao, the CEO of the SBI Group, published a statement supporting Ripple and its executives. Kitao said that despite SEC’s allegations of XRP security, SBI will continue to use...

MahaDAO staking program

MahaDAO To Launch a Staking Program


Decentralized protocol MahaDAO teamed up with Ferrum to deliver a staking forum that will enable users to stake Maha's governance token. The MAHA token was issued on Dec. 17 in an Initial Dex Offering managed by Polkastarter DEX. It got sold out within three minutes due to which primary...

Grayscale adds more BTC

Grayscale Bitcoin Trust Keeps Growing


On Tuesday, New York-based crypto asset management firm Grayscale added 12.319 Bitcoins. A day earlier, the company announced suspending fund acceptance temporarily. This refers to Bitcoin, Litecoin, Ethereum, Bitcoin Cash, and several other coins. Although, apparently, the company's customers...

SEC sues Ripple

SEC Submits a Claim Against Ripple


Today, December 23, the US Securities and Exchange Commission (SEC) officially took legal actions against Ripple Labs and its corporate executive Christian Larsen and the present CEO Brad Garlinghouse. The market authority claims that the Silicon Valley-based fintech has earned $1.3 B through...

MicroStrategy invests in BTC again

MicroStrategy Invested in BTC Again: This Time $650 M


On December 21, business analytics firm MicroStrategy informed about a new Bitcoin deal. The platform acquired 29,646 BTC for $ 650 M. Presently, the company holds 70,470 BTC overall. The average cost of one asset would be $ 15,964. Due to this, MicroStrategy became the fifth-largest individual...

CoinDCX India

Crypto Exchange CoinDCX Surges $13.9 M in Series B


India's most popular cryptocurrency market CoinDCX soared $ 13.9 M in a Series B funding stage headed by, the creator of the EOS project. Among the participants were Temasek, Jump Capital, Coinbase Ventures, and Bain Capital. In March 2020, CoinDCX reached $3 M in a Series A from ...

Dogecoin surged by 25%

DogeCoin Grew by 25% After Elon Musk Tweet


Tesla and SpaceX CEO expressed sympathy for Dogecoin on Twitter and entered into a discussion about Bitcoin with MicroStrategy CEO Michael Sailor. On December 20, the successful businessman wrote on Twitter: "One word: Doge." Following this, Dogecoin quickly soared 25% reaching 0.0047,...

Hardware wallet Ledger attacked

Hardware Wallet Ledger Database Hacked


Hackers managed to access the Ledger database and get information about over 270,000 wallet users. There were mentioned such personal details as names and physical addresses. All these data then appeared on RaidForums, a marketplace for trading and sharing hacked information. In late June, ...

BTC subunits

BTC Subunits: Satoshi, Bits, Millibits, Megabits


Bitcoin as any other currency can be denominated in minor values. You can buy a whole bitcoin, but you can also buy fractions of one bitcoin. Small values make BTC activities easier to manage and make transactions readable. Let's see what are they? Satoshi (Sat) The smallest and also the most used...

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