Crypto ETF issuer Bitwise rebrands XRP ETP with Ripple’s backing

Bitwise Asset Management unveiled a rebranding of its European XRP ETP, with blockchain firm Ripple backing the newly renamed product. Bitwise announced Wednesday that it’s rebranding its European XRP exchange-traded product as part of a broader update to its European product suite. In a press release on Nov. 27, the firm said the ETP is […]

Trump holds $7 million in crypto: Arkham Intelligence

Donald Trump, President-elect of the United States, revealed holds $7.2 million in many cryptocurrencies. This is another proof that he is a pro-crypto. According to data from Arkham Intelligence, on Nov. 25, the 47th President of the United States owned digital assets in cryptocurrencies worth about $7.2 million. He held $26 million in cryptocurrency on […]

Bitcoin drop, traders seen $553 million crypto liquidations

Traders have witnessed a massive half-billion dollar amount of crypto liquidations in a day after Bitcoin dropped to its lowest price in the past week. According to Coinglass’s data on Nov. 25, crypto traders have seen massive liquidation of about $553 million in the past day of trading. Traders with long positions have liquidated $413 million as […]