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Latest benzinga.com · 4 days ago

Bitcoin's Fair Value Is $95,000, Schwab Research Chief Says: Here's Why

Charles Schwab Head of Crypto Research Jim Feroli on Tuesday said that Bitcoin (CRYPTO: BTC) typically faces seasonal weakness during the summer but could benefit from a year-end rally as risk appetite improves. Fair BTC Valuation At $95,000 Speaking with CoinDesk, Feroli estimated Bitcoin's fair value at around $95,000, based on the production costs of the least-efficient miners, while efficient miners currently produce Bitcoin at a rough price of $60,000.

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XRPUSD benzinga.com · 4 days ago

Grayscale CEO Sells GXRP as XRP Trades 70% off the Highs: What's Happening?

Grayscale Investments CEO Peter Mintzberg has filed notice to sell 2,611 shares of the Grayscale XRP Trust ETF (NYSE:GXRP) for $53,394 as XRP (CRYPTO: XRP) trades 70% below its all-time high. What The Filing Actually Shows Mintzberg filed the Form 144 on July 28, listing the sale through broker Cantor Fitzgerald at $20.45 per share, according to the filing.

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