In a recent series of colossal transactions, XRP whales have made waves in the crypto market. transferring massive amounts of the digital asset. The transactions witnessed a shift of around 287 million XRP tokens. Moreover, such transfers have sparked speculation among investors and analysts about the potential impact on the price of XRP. XRP Whales The post XRP Whales Move 287M Tokens, Will XRP Price Hit $0.60? appeared first on CoinGape .
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Bitcoin and Ethereum ETFs Go Live In Hong Kong, Will They Meet Expectations?
The wait is finally over for Hong Kong investors as the first batch of ETFs investing directly into Bitcoin and Ethereum went live for trading in Hong Kong today. Some reports have been bullish that it would outpace the $125 million US Bitcoin ETF launch. The demand for these funds will serve as an indicator The post Bitcoin and Ethereum ETFs Go Live In Hong Kong, Will They Meet Expectations? appeared first on CoinGape .
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Microstrategy Buys 122 Bitcoins in April Amidst a $53.1M Q1 Loss
The post Microstrategy Buys 122 Bitcoins in April Amidst a $53.1M Q1 Loss appeared first on Coinpedia Fintech News MicroStrategy, a significant player in the technology sector, made headlines with its latest move in the cryptocurrency space. In April, the company acquired an additional 122 Bitcoins, amounting to approximately $7.8 million. This purchase adds to MicroStrategy’s already substantial Bitcoin holdings, which now total an impressive 214,400 BTC. Such a large investment solidifies MicroStrategy’s position …
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Breaking: MicroStrategy Bags 122 Bitcoin To Expand Its Portfolio
In April alone, business intelligence and software company MicroStrategy acquired an additional 122 units of Bitcoin (BTC) worth about $7.8 million MicroStrategy Keeps Growing Its BTC Portfolio MicroStrategy’s Michael Saylor announced that the last acquisition brings the firm’s Bitcoin holding to a total of 214,400 BTC. This news was unveiled in addition to MicroStrategy’s Q1 The post Breaking: MicroStrategy Bags 122 Bitcoin To Expand Its Portfolio appeared first on CoinGape .
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SEC Faces Criticism Over Ethereum Scrutiny Since 2023
Industry experts Scott Johnsson and Adam Cochran have raised concerns about the SEC’s recent actions. They questioned the approval of Ethereum Futures ETFs in October 2023, which came despite ongoing inquiries into whether Ethereum qualifies as a security. Their criticism underscores potential conflicts in the SEC’s regulatory approach. Both experts suggest that this contradiction could The post SEC Faces Criticism Over Ethereum Scrutiny Since 2023 appeared first on CoinGape .
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Yuga Labs and Moonbirds Introduce Enhanced NFT Holder Rights
Moonbirds NFT collection has announced significant changes to its copyright model. The collection, now owned by Yuga Labs, declared that holders would need exclusive rights to commercialize their NFTs. This marks a departure from the previous Creative Commons CC0 copyright status, which allowed free commercialization. The change aims to align Moonbirds with Yuga Labs’ other The post Yuga Labs and Moonbirds Introduce Enhanced NFT Holder Rights appeared first on CoinGape .
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SEC vs Ripple: SEC Files Opposition to Ripple’s Motion to Strike Expert Data
The Securities and Exchange Commission (SEC) has filed an opposition to Ripple Labs’ motion to preclude the declaration of a critical expert witness in the ongoing litigation surrounding XRP’s status. The controversy revolves around Ripple’s argument that Andrea Fox’s statement, the “Fox Declaration,” is an unsolicited expert opinion. The SEC repudiates this, stating that the The post SEC vs Ripple: SEC Files Opposition to Ripple’s Motion to Strike Expert Data appeared first on CoinGape .
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