BitMart Archives - Cryptolifedigital

Crypto Exchange BitMEX Lists XRP for Spot Trading Despite Falling Prices

19Mar

By OLAJIDE SAMUELNo Comments

XRP News

Crypto Exchange BitMEX Lists XRP for Spot Trading Despite Falling Prices

Leading cryptocurrency derivatives exchange BitMEX announced the listing of XRP for spot trading, allowing users to buy and sell XRP directly at market price. This comes despite a recent plunge in XRP prices, which are down over 15% in the last week. Read Also: K9 Finance (KNINE) Scores First CEX Listing on MEXC, Boosting Shibarium Ecosystem https://twitter.com/BitMEX/status/1770062099957637261 Key Points: BitMEX users can now trade XRP against Tether (USDT) on the spot market. Fee-free conversion of XRP to over 30 other cryptocurrencies is also available. XRP deposits and withdrawals are supported. Cosmos (ATOM) was also listed for spot trading on BitMEX with similar functionalities. The news did not immediately impact the XRP price, which is currently down 1.71%...

Grayscale CEO Believes Approval of Spot Bitcoin ETF by SEC Imminent

13Jul

By Adaralegbe Tosin MNo Comments

Bitcoin

Grayscale CEO Believes Approval of Spot Bitcoin ETF by SEC Imminent

In a recent tweet that sparked excitement within the cryptocurrency community, the CEO of Grayscale Investments, Michael Sonnenshein, expressed his confidence in the eventual approval of a spot Bitcoin Exchange-Traded Fund (ETF) by the U.S. Securities and Exchange Commission (SEC). Sonnenshein's tweet read, "It's a matter of when, it's not a matter of if" a spot #Bitcoin ETF gets approved by the SEC, igniting speculation about the future of cryptocurrency investment. https://twitter.com/BitcoinMagazine/status/1679176669108617230 The announcement by the influential CEO, whose firm manages the world's largest Bitcoin investment trust, comes after years of attempts by various entities to gain regulatory approval for a Bitcoin ETF. The SEC has historically been cautious about approving s...

Former SEC Chairman Praises Institutional Interest in Bitcoin as “Remarkable”

11Jul

By Onche Michael ONo Comments

Bitcoin

Former SEC Chairman Praises Institutional Interest in Bitcoin as “Remarkable”

In a recent tweet by Bitcoin Magazine, a former chairman of the U.S. Securities and Exchange Commission (SEC) he expressed his admiration for the growing institutional interest in Bitcoin. The former SEC chairman described it as "remarkable" that major financial institutions, including BlackRock, are willing to associate their reputations with the leading cryptocurrency. His comments reflect a shifting sentiment within the regulatory and financial sectors towards the recognition and acceptance of Bitcoin as a legitimate asset class. Read Also: Grayscale Expresses Concerns Over SEC's Differential Treatment of Bitcoin ETFs https://twitter.com/BitcoinMagazine/status/1678473730647793700 Former SEC Chairman (Jay Clayton) Praises Institutional Investors as Bitcoin take a significant move ...

Bitcoin Institutional Fund Accumulation Signals Increasing Confidence in Long-Term Potential

3Jul

By OLAJIDE SAMUELNo Comments

Bitcoin

Bitcoin Institutional Fund Accumulation Signals Increasing Confidence in Long-Term Potential

Institutional investors are displaying a notable surge in their accumulation of Bitcoin, signalling growing confidence in the long-term potential of the leading cryptocurrency. Analysis of fund holdings reveals a clear upward trend in institutional entities' cryptocurrency portfolios, demonstrating their keen interest in acquiring Bitcoin, even at its current price level. This accumulation pattern showcases a patient and strategic approach distinct from the short-term investment strategies employed by other market participants who closely monitor price fluctuations. Read Also: Binance Conducts 11th Terra Classic (LUNC) Token Burn Amid Community Disputes https://twitter.com/cryptoquant_com/status/1675678718659006464 Hedge funds Seeks long-term investment opportunities in Bitcoin He...

BitMart Launches XRP 50% Off Flash Sale, Offering Exclusive Discount to Users

17Jun

By OLAJIDE SAMUELNo Comments

XRP News

BitMart Launches XRP 50% Off Flash Sale, Offering Exclusive Discount to Users

BitMart, a leading cryptocurrency exchange, has recently unveiled an exciting opportunity for its users with the announcement of the upcoming XRP 50% Off Flash Sale event. This initiative is part of BitMart's ongoing "More Crypto, Less Fees" campaign, aimed at rewarding users for their continuous support and loyalty. The XRP 50% Off Flash Sale is scheduled to take place from June 21 to 22, providing participants with a unique chance to acquire XRP at a substantial discount. https://twitter.com/BitMartExchange/status/1669737967311638529?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1669737967311638529%7Ctwgr%5E0de81b9bfbf91a3ebc6313d64d20097fe14a1b15%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fthecryptobasic.com%2F2023%2F06%2F17%2Fbitmart-to-launch-a-50-discount-sale-for-xrp%2F Requi...