Japan-listed Remixpoint sold its holdings in Ethereum, Solana, XRP, and Dogecoin, booking a total gain of about $742,000. The company earned the largest profit from Ethereum and Solana but took a loss on Dogecoin. Following these sales, Remixpoint will now concentrate its cryptocurrency portfolio exclusively on Bitcoin, holding approximately 1,506 BTC valued at over $115 million. This move reduces exposure to altcoins while maintaining a strong position in the leading digital asset.
Bitcoin's recent price correction has highlighted a potential support level around $74,500, representing a roughly 7.34% drop from the recent high of $87,027 on October 5. This level is based on historical average drawdowns during previous bull cycle...
On October 11, XRP's coin-margin long positions increased significantly by 12 percentage points to 78.32%, while Ethereum's long positions declined in both coin-margin and USDT-margin markets. Bitcoin and Solana also saw notable increases in long pos...
Ripple CEO Brad Garlinghouse expressed strong confidence in XRP, highlighting its fast transaction times, low costs, and growing adoption by financial institutions. He owns a significant amount of XRP but did not disclose specifics, and also holds Et...
Bitcoin's price fell 7.59% from $87,000 to $80,393 between October 5-8 but has since rebounded to $82,800. Despite a generally bullish longer-term trend, market indicators like elevated stress levels and net Bitcoin inflows to exchanges suggest cauti...
Matt Hougan, CIO of Bitwise Asset Management, suggests Bitcoin could reach a $30 trillion market value by following a growth path similar to gold's expansion after its ETF launch. He highlights that institutional access via ETFs, which started in 202...
