Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Bitstamp
XSGD, Singapore’s First Dollar-Backed Stablecoin, Launches on Bitstamp to Power Global Cross-Border Payments
Singapore, Singapore, October 8th, 2024, Chainwire Bitstamp has listed a Singapore Dollar-pegged stablecoin, XSGD, for the first timeThe partnership between StraitsX and Bitstamp means users can now seamlessly send and receive the SGD-backed stablecoin across borders with confidence StraitsX, the pioneering payments infrastructure for the digital assets space in Southeast Asia, has today announced the listing of XSGD, its Singapore dollar-pegged stablecoin, on Bitstamp, the world's longest-running cryptocurrency exchange. This strategic partnership marks a significant step forward in enabling the…
8 months ago
Red Flag! 108 Million XRP Tokens Move to Bitstamp, Is Dump Incoming?
The post Red Flag! 108 Million XRP Tokens Move to Bitstamp, Is Dump Incoming? appeared first on Coinpedia Fintech News Amid the ongoing downturn, an XRP whale wallet address “r4wf7” has consistently moved over 27 million tokens worth approximately $16 million to the Bitstamp over the last four days. According to a blockchain transaction tracker Whale Alert, the same whale has transferred a significant 26.7 million XRP tokens worth $15.3 million to Bitstamp today. 26,720,000 #XRP (15,284,233 USD) transferred from…
10 months ago
XRP Whale Moves 54 Million Tokens to Bitstamp, Selloff Incoming?
The post XRP Whale Moves 54 Million Tokens to Bitstamp, Selloff Incoming? appeared first on Coinpedia Fintech News In the last 24 hours, an XRP whale wallet address “r4wf7” moved a significant 54.4 million tokens worth $31 million to the Bitstamp wallet address “rDsbeomae4…g9vDiTCdBv,” as reported by the blockchain transaction tracker Whale Alert. The owner of this wallet is still unknown. XRP Whale Transferred 54M Tokens to Exchange Additionally, the whale transferred these massive tokens through two separate transactions of…
10 months ago
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BitstampSpace and Time Appoints Former Bitstamp Legal Chief Rika Khurdayan as Chief Legal Officer
Khyurdayan’s roles will include freshening up the regulatory solutions, advising on legal matters and leading the legal team of Space and Time Labs. Verifiable compute layer Space and Time Labs (SxT), which delivers tamperproof on-chain and off-chain data to enterprises has announced the appointment of Rika Khurdayan as Chief Legal Officer. The Microsoft M12-backed blockchain company aims to improve its legal structure and streamline its regulatory solutions with Khurdayan’s appointment. Khurdayan brings a wealth of experience to SxT’s legal team…
10 months ago
MT. Gox Creditors Faces Issues on Kraken and Bitstamp
The post MT. Gox Creditors Faces Issues on Kraken and Bitstamp appeared first on Coinpedia Fintech News Finally after a decade of wait, the creditors of Mt. Gox crypto exchanges are receiving their lost funds. Crypto community takes it as a great step however the creditors are facing problems claiming their repayments. Let’s explore what kind of issues they are facing and who is responsible for it. Kraken rejecting payouts Data from Arkham shows that two weeks ago Kraken received…
10 months ago
German Government Escalates Bitcoin Sell-off, Moves 282.74 BTC to Bitstamp – BTC Price to Drop to $55,000?
Germany is selling off 282.74 BTC, worth over $16 million at press time, days after selling part of its stash in multiple transactions that have impacted the price of Bitcoin. Bitcoin is hurling towards $55,000 after the sales from Germany, coupled with the first movement in a month of BTC held by the defunct crypto exchange Mt. Gox. Bitcoin has dropped by nearly 10% since the start of the month, with the German government’s continued BTC sales. The movement of…
11 months ago
Bitstamp Enhances Its Offerings Ahead Of MiCA Regulation
The post Bitstamp Enhances Its Offerings Ahead Of MiCA Regulation appeared first on Coinpedia Fintech News Bitstamp has confirmed its enhancements in offerings ahead of the Markets in Crypto-Assets Regulation (MiCA) coming into force in the European Union on June 30. EUR-denominated stablecoin EURT will be delisted ahead of the June 30 deadline. EMTs that are not Euro-denominated and are already available on the exchange but not within MiCA regulation, will not be delisted, although their availability to European customers…
12 months ago
Robinhood Acquisition Of Bitstamp Sparks Optimism About the Listing of XRP
The post Robinhood Acquisition Of Bitstamp Sparks Optimism About the Listing of XRP appeared first on Coinpedia Fintech News Robinhood Markets has announced its plan to acquire the well-known crypto exchange Bitstamp for $200 million. This acquisition aims to enhance Robinhood’s services outside the United States, particularly in Europe and Asia, where Bitstamp has a strong foothold. Meanwhile, the XRP community is optimistic that this move could lead to Robinhood listing XRP for trading, given Bitstamp’s strong support for XRP.…
1 year ago
Robinhood Buys Bitstamp for $200M
The post Robinhood Buys Bitstamp for $200M appeared first on Coinpedia Fintech News Robinhood has agreed to buy Bitstamp for $200 million in cash in a move to expand its crypto presence globally and attract institutional clientele through new product offerings. The $200 million all-cash deal is expected to close in the first half of 2025. Barclays Capital and Galaxy Digital had advised Robinhood and Bitstamp on the sale. The CEO of Bitstamp underscored that bringing Bitstamp’s platform and expertise…
1 year ago