Grayscale Investments, which manages over $ 25 billion worth of cryptocurrency funds, announced a change in leadership. The new CEO of the company was Michael Sonnenschein, who served as Managing Director.
Grayscale Investments names @Sonnenshein CEOhttps: //t.co/kuT06jRe8O
– Grayscale (@Grayscale) January 7, 2021
He succeeds Grayscale founder Barry Silbert, who will continue as CEO of…
The Ripple team tried to reach a compromise with the Securities and Exchange Commission (SEC). However, the American regulator has abandoned any agreements, the head of the company, Brad Garlinghouse, tweeted. Recall that in December the SEC filed a lawsuit against Ripple…
Bloomberg Lead Analyst: Bitcoin Rises To $ 50,000 More Probability Than $ 20,000 Fall
January 8, 2021
In January 2021, Bitcoin provides a better investment opportunity than gold, according to Bloomberg lead strategist Mike McGlone. According to his expectations, the rate of the cryptocurrency is more likely to rise to the level of $ 50,000 than to drop to $ 20,000. The last…
The largest cryptocurrency exchanges faced technical difficulties during the next bitcoin run. The software of platforms such as Coinbase, Binance, Kraken and Gemini turned out to be overloaded. The troubles began after BTC surpassed $ 40,000. The Coinbase trading system experienced the biggest difficulties. The day before, users of social networks began to massively complain about the sharp…
Head of Ripple: We are not going to give up and will solve problems with the SEC
January 8, 2021
Ripple has tried to settle claims by the US Securities and Exchange Commission (SEC) ahead of litigation and plans to continue working with its new management, CEO Brad Garlinghouse said. Together with Legal Counsel Stuart Alderota on Twitter, he answered questions about…
The Finnish Customs Administration decided to sell 1981 bitcoin. According to local media outlets, most of this cryptocurrency was confiscated back in 2016. The coins were seized from a Finnish drug dealer. At the time of the confiscation, the total value of these BTC was…
The price of bitcoin on Thursday for the first time exceeded the psychologically significant level of $ 40,000, adding more than $ 5,000 in 24 hours.
The growth per day was 13%, taking into account which the increase over the last month already exceeds 100%, and since the beginning of the year – 40%. Compared to the lows during the collapse in March 2020, the price has increased more than…
Altcoin Stellar (XLM) performed very well this week. The coin has steadily risen in price over the past few days and was able to break into the top ten cryptocurrencies according to the CoinMarketCap website. Now XLM is in ninth place in the rating with a capitalization of…
Analyst Timothy Peterson of Cane Island Alternative Advisors believes the investment appeal of Ether (ETH) will increase significantly over the next five months. The largest altcoin exceeded $ 1200 the day before. Within the next 24 hours, the coin can bypass its own…
Despite the measures taken by the authorities of Abkhazia, there are still risks of a new surge in underground mining in the republic. The load on the network remains high, which causes concern among power engineers, Sputnik reports. The general director of the Chernomorenergo company Mikhail Logua said that at any moment the load could increase even more. This can lead to a disruption in the…