Bitcoin / 629 posts found
Goldman Sachs, Barclays Bank invest in London Based Bitcoin and Crypto Trading Platform of Elwood Technologies
Bitcoin Summary: Goldman Sachs and Barclays Bank have invested in Elwood Technologies The two banks made the investment during a funding round together with Dawn Capital, the venture divisions of German lender Commerzbank and Galaxy Digital The funding round was worth $70 million at a $500 million valuation The traditional banking institutions of Goldman Sachs and Barclays Bank have invested in the London-based Bitcoin and crypto trading platform of Elwood Technologies. According to a report by the Financial Times, the two banks invested in the company during a funding round that was also participated by Dawn Capital, the venture divisions […]
Kraken Daily Market Report for May 15 2022
Overview Daily spot trading volume: $472.2 million, 30 day average spot: $1.02 billion. Total futures notional: $120.9 million. The top five traded coins were, respectively, Tether (+0%), Bitcoin (+4.1%), Ethereum (+4.4%), USDC (0%), and Solana (+12%). Strong returns from Melon (+29%), Moonbean (+15%), and PStake (+26). May 15, 2022 $472.2M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD USDT $0.9988 ↑0.02% $127.0M BTC $31296. ↑4.1% $107.1M ETH $2143.2 ↑4.4% $70.1M USDC $0.9999 ↑0.0% $31.7M SOL $58.64 ↑12% $22.8M ADA $0.5974 ↑11% $17.3M…
Bitcoin Rejected at $30K, TRON and Polkadot Spike 4% (Weekend Watch)
Bitcoin After yesterday’s brief price surge to $31,000, bitcoin stalled and retraced back to below $30,000. Most altcoins are also slightly in the red today, except for TRON and Polkadot, both of which are up by around 4%. Bitcoin Bitcoin Failed at $31K No other word can explain what transpired last week better than “massacre.” Bitcoin stood close to $40,000 on May 5 before the bears took complete control over the market and pushed it south hard. At first, BTC lost $4,000 in a day before the negative market sentiment brought it down to $33,000 and later to $30,000. However, […]
The Luna Foundation Guard Allegedly Sent 52k Bitcoin to Gemini and 28k to Binance to Try Stabilize UST’s Peg
Summary: The crypto community has begun investigating the flow of the Luna Foundation Guard’s Bitcoin reserves during USTs depegging event According to one analysis, 52k Bitcoin was sent to Gemini and another 28k to Binance, but it is not clear if the assets were sold Another analysis by CryptoQuant states that 37k BTC moved from the LFG wallet to Gemini, but there was no significant increment in trade volume Bitcoin reserves held by the Luna Foundation Guard (LFG) have been the subject of speculation as to where all that BTC went during the depegging of UST. According to crypto-twitter community […]
The Value of El Salvador’s Bitcoin Holdings Drops by $40B Due to the Ongoing Crypto Market Pullback
Cryptocurrency Summary: El Salvador’s Bitcoin holdings have lost value by roughly $40 million This amount is almost equal to El Salvador’s next coupon payment on its debt for the month of June, worth $38.5 million However, President Bukele has an 85% approval rating President Bukele also shared plans for the country’s Bitcoin City El Salvador’s Bitcoin holdings have been hard hit by the ongoing crypto market pullback that has seen Bitcoin lose several support zones in one week, from $38k to the local low of $26,700 set yesterday, May 12th. According to a report by Bloomberg, El Salvador’s Bitcoin holdings […]
Bitmex’s Arthur Hayes: I am a Buyer of Bitcoin at $20k and Ethereum at $1,300
Quick take: Bitmex Founder Arthur Hayes says that he is a buyer of Bitcoin at $20k and Ethereum at $1,300 He cites that these values of Bitcoin and Ethereum make sense as they were previous all-time highs Mr. Hayes also cautions that the crypto-meltdown is not over, and the LUNA He warns that the Fed rate increments ‘will continue the destruction of long-duration risky assets’ Arthur Hayes also admits that he did not expect Bitcoin to retest $30k as fast as it did The Founder and Former CEO of Bitmex, Arthur Hayes, has once again offered his valuable insights into […]
