Tag: News

$1 Billion XRP Buying Pressure Ahead? Ripple Labs Plans New DAT Initiative

Ripple Labs is spearheading an effort to raise at least $1 billion to accumulate XRP via a new digital-asset treasury, or DAT, according to Bloomberg, signaling that the latest bout of market turmoil has not dislodged heavyweight players from advancing aggressive balance-sheet strategies tied to crypto assets. $1 Billion...
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MSTR stock price at risk as Strategy flashes a death cross

The MSTR stock price continued its strong downward trend today, Oct. 17, as Bitcoin and other cryptocurrencies plummeted. Strategy, the biggest Bitcoin (BTC) treasury company, dropped to a low of $280, its lowest level since April 15 and 40% below…...
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Crypto market crash leads to $1.2b wipeout, here’s why

The crypto market crash has erased nearly $1.19 billion in liquidations as the overall market cap drops dangerously low near $3.5 trillion. Here’s why major altcoins are falling. On Oct. 17, the overall crypto market cap plummeted by 7.3% to…...
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