Category: Cryptocurrency News

Bitcoin long-term holder supply has increased at a record rate over the past month, data from CryptoQuant reveals.

Bit Digital’s stock plummeted after announcing a $150 million share sale and a transition from Bitcoin mining to Ethereum staking.

Bit Digital’s stock plummeted after announcing a $150 million share sale and a transition from Bitcoin mining to Ethereum staking.

Bit Digital’s stock plummeted after announcing a $150 million share sale and a transition from Bitcoin mining to Ethereum staking.

Hi everyone, I recently got scammed while trying to buy an Instagram account from someone on Reddit. They asked me to send 15 USDT via the Ethereum (ERC-20) network to this wallet: 0xDc385F12974C622C91515e1766EaAAeE6484CfeF After I sent the payment, the scammer deleted their Reddit account and all messages, and disappeared completely. I checked the wallet on…
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The possibilities of a Ripple Initial Public Offering (IPO) have become higher as time goes on and the company moves toward a complete resolution of its SEC lawsuit. With expectations of the IPO rising, possible valuations have started to fly around as the company is one of the largest cryptocurrency companies. Most notably, pro-XRP lawyer and community member John Deaton has proposed that the Ripple IPO could lead to the company being valued at over $100 billion. Deaton Puts Ripple At $100 Billion The comment and valuation from lawyer John Deaton come after Circle, the company behind the USDC stablecoin, successfully completed its Initial Public Offering (IPO). So far, the crypto firm has found a lot of success in the market, surging from an initial $5 billion valuation to over $63 billion in valuation post-IPO. Related Reading: Bitcoin To Surge To $130,000 Next? What The Wave Count Says Deaton responded to a post on X (formerly Twitter), highlighting this feat, pointing out how Ripple could be even more successful in this regard. He explains that despite Ripple CEO Brad Garlinghouse saying that the company was in no rush to go public, the IPO should be timed correctly to have the right impact. Pointing to the current market environment, he points out that if Circle can grow to a $63 billion valuation, then it means that Ripple can soar even higher. Given XRP’s standing in the market as the 4th-largest cryptocurrency, ahead of Circle’s USDC, which sits at 7th place, Deaton believes that Ripple’s valuation post-IPO can rise to $100 billion. “If Circle can hit a 62B-75B market cap then Ripple, with nearly 40B XRP, currently valued at $2 (ie $80B), could certainly hit a $100B market cap in this environment,” Deaton wrote. As Bitcoinist reported, Ripple had issued a $700 million tender offer with shares priced at $175. This now puts the equity valuation of the company at $25 billion with 141 million outstanding shares as investors look favorably at the crypto firm. How High Could The XRP Price Go? Market experts have speculated that if the Ripple IPO does go through and the valuation soars, the XRP price will soar in tandem. Crypto investor Dennis Liu shared a video that suggested a successful IPO would be positive for the XRP price. He points out that a symbiotic relationship of the XRP coin related to the Ripple stock would be the dream of investors. Related Reading: Bitcoin Price Could Rally To $110,000 ATH As These Macroeconomic Factors Align Other market experts have debated that the XRP price would go double-digits to rise above $10 if this happens. In some cases, the XRP price has been pegged as high as $100 if Ripple does complete its IPO and begins trading as a publicly listed company. Featured image from Dall.E, chart from TradingView.com

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If successful, Genius Group’s $1 billion lawsuits could net shareholders $7 per share while boosting the company’s Bitcoin holdings by 5,000 BTC.

If successful, Genius Group’s $1 billion lawsuits could net shareholders $7 per share while boosting the company’s Bitcoin holdings by 5,000 BTC.

If successful, Genius Group’s $1 billion lawsuits could net shareholders $7 per share while boosting the company’s Bitcoin holdings by 5,000 BTC.