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Crypto Dispensers, a Chicago-based Bitcoin ATM operator, is exploring a $100 million sale amid U.S. Department of Justice allegations of money laundering. The company has engaged advisors to evaluate strategic options like mergers or asset restructuring to navigate legal and market challenges. Crypto Dispensers operates Bitcoin ATMs nationwide for buying and selling digital assets. The […]
U.S. Bitcoin ETFs achieved a record $11.5 billion in trading volume, led by BlackRock’s IBIT with $8 billion, signaling strong institutional interest amid market volatility. This surge included renewed inflows and peak put options activity, highlighting ETFs as key liquidity tools for investors. BlackRock’s IBIT set a new all-time high with $8 billion in trading […]
Slowing US consumer spending, driven by high inflation and job market anxiety, is poised to pressure cryptocurrency markets by reducing investor risk appetite and limiting retail participation in digital assets. As retail sales growth dips to 0.4% in September, expect heightened volatility in Bitcoin and altcoins, signaling a broader economic caution that could delay crypto […]
Dogecoin and XRP ETFs will begin trading on the NYSE on Monday, marking a significant milestone for altcoin investment products. This dual launch by Grayscale, with tickers GDOG and the XRP spot ETF, follows surging derivatives volumes and expansions from issuers like Bitwise and 21Shares, enhancing accessibility for investors. Dogecoin and XRP ETFs launch on […]
XRP ETFs from Franklin Templeton and Grayscale have launched on the NYSE, yet XRP price remains below $2 amid on-chain selling pressure and low holder conviction. This underperformance highlights fading market interest despite positive regulatory developments for Ripple’s native token. XRP supply in profit at 57%, lowest since November 2024, indicating holders are realizing losses […]
The transfer of Bitcoin from long-term holders to weak hands is intensifying market volatility, as new investors lack conviction and sell during downturns. According to economist Peter Schiff, this shift increases the float and amplifies future selloffs, potentially leading to deeper Bitcoin price drawdowns amid ongoing whale activity. Long-term Bitcoin holders, or OGs, are cashing […]
Crypto Dispensers, the Chicago-based Bitcoin ATM operator, is evaluating a potential $100 million sale just days after facing U.S. Department of Justice money laundering charges. The firm and CEO Firas Isa pleaded not guilty to allegations of a $10 million scheme, with the sale aimed at navigating sector consolidation. Crypto Dispensers announced the sale review […]
Coinbase wallet migration involves transferring Bitcoin and Ethereum from old internal wallets to new ones as part of a routine security measure to minimize long-term digital asset exposure. This planned process ensures no impact on user funds or trading services and addresses potential phishing risks during visible on-chain movements. The migration rotates internal wallets to […]
Optimism’s OP price has dropped 16% today due to bearish market dominance, capital rotation to Bitcoin, and declining on-chain metrics like TVL and transaction volume, pushing the token below $0.30 amid broader crypto weakness. Bear strength dominates as OP forms lower highs and lows, with Bollinger Bands expanding from high volatility. Capital outflow to Bitcoin […]