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Ethereum Whale Moves 54,721 ETH Worth $161 Million in 32 Hours—Is a Major Market Shift Underway?
19.2.2024
A mysterious Ethereum Whale has rapidly accumulated a huge amount of ETH, potentially signaling an upcoming shift in ETH prices. Blockchain trackers spotted withdrawals from Binance and decentralized exchanges, with some analysts speculating a connection to Justin Sun, founder of Tron and...
Cathie Wood’s ARK Sells More Coinbase Stock Amid Bitcoin Surge
16.2.2024
ARK Invest, the asset management firm led by prominent Bitcoin (BTC) advocate Cathie Wood, has sold a significant amount of Coinbase stock ahead of the crypto exchange’s impressive earnings report. According to a filing on Thursday, ARK Invest sold $34.3 million worth of Coinbase shares from...
Valentine’s Day in the Metaverse: Fostering Inclusion and Connection
14.2.2024
Valentine’s Day is often viewed as one of the most romantic holidays, yet celebrating love can create a huge amount of stress and pressure for some individuals. Recent statistics from Drive Research found that while 52% of consumers will celebrate Valentine’s Day, 3 in 10 Americans will go into...
Historic Inflows: Spot Bitcoin ETFs Attract Over $1 Billion in a Single Week
13.2.2024
The recent US SEC-approved Bitcoin ETFs collectively netted $1.1 billion in inflows last week, according to a new report by European crypto asset manager CoinShares. Total inflows into spot Bitcoin ETF products now amount to $2.8 billion since they hit the market on January 11. Institional hoarding...
Bitcoin Active Supply Surges as Long-Term Holders Start Moving Assets
9.2.2024
Market activity around Bitcoin (BTC) has increased since the approval of spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC). A recent market report from Bitfinex shows a slight increase in the amount of BTC in circulation. Long-term investors are holding on to more...
Judge Orders Ripple to Comply With SEC’s New Discovery Requests Concerning XRP
7.2.2024
A federal judge has ruled in favor of the U.S. Securities and Exchange Commission (SEC) and ordered Ripple to comply with the regulator’s post-complaint discovery requests concerning XRP. Ripple must also answer an interrogatory regarding the amount of XRP institutional sales proceeds...
Crypto Whales Accumulate $3 Billion in Bitcoin in January, Data Shows
29.1.2024
Large investors in the cryptocurrency market, known as crypto whales, have been busy accumulating Bitcoin (BTC) this month, amassing a total of $3 billion worth of the leading cryptocurrency. According to data from onchain analytics firm IntoTheBlock, the amount of Bitcoin held in whale wallets...
Grayscale’s 4K Bitcoin Transfer, Blackrock CEO Favorable on Bitcoin, Ripple’s XRP Ousted, and More — Week in Review
21.1.2024
Grayscale stirred speculation by transferring 4,000 bitcoins, while Blackrock CEO Larry Fink endorsed bitcoin as “digital gold,” surpassing government influence. In regulatory news, Ripple’s XRP was removed from Hong Kong Virtual Asset Consortium’s top crypto index....
A 2021 Crypto Fund Manager’s Tale of Surviving the ‘Widowmaker Trade’
16.1.2024
Offering a unique insider perspective, David Choi chronicles his encounter with arguably the most notorious trade in crypto’s history. Unpacking the ‘Widowmaker Trade’ That Upended the Crypto Industry In the annals of cryptocurrency’s roller coaster history...
BlackRock Buys Over 13 Days of Bitcoin Production: A Sign of Supply Shortage?
15.1.2024
In its recent entry into the spot Bitcoin exchange-traded fund (ETF) market, BlackRock has purchased over 11,400 Bitcoins, prompting speculation of supply issues. According to InvestAnswers, BlackRock bought 11,439 Bitcoins following the official launch of their spot Bitcoin ETF. This amount...
Blackrock CEO Larry Fink on Bitcoin: I’m a Big Believer — Its Bigger Than Any Government
14.1.2024
Larry Fink, the CEO of Blackrock, the world’s largest asset manager, says he has become “a big believer” in bitcoin, emphasizing that it is “bigger than any government.” Calling the cryptocurrency “digital gold,” the executive stressed: “Unlike gold, where we manufacture new gold, we’re almost...
$SCORP Presale Blazes Toward $3 Million Milestone as Passive Income and Deflation Drives Adoption
13.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The presale of $SCORP tokens by Scorpion Casino has been very successful, raising an impressive $2.8 million. This amount represents over 93% of the total goal of $3 million. The presale is gaining...
Digital Currency Group has Settled Over $1 Billion in Debt, Including $700 Million Owed to Bankrupt Genesis
8.1.2024
Source: Digital Currency Group Digital Currency Group (DCG) has successfully settled over $1 billion in debt, including the substantial amount of nearly $700 million owed to its bankrupt subsidiary, Genesis. The announcement came from DCG CEO Barry Silbert, who took to the social media platform...
Michael Saylor Warns of Deepfake Bitcoin Giveaway Scams Featuring Him and Microstrategy
8.1.2024
Microstraetgy’s executive chairman, Michael Saylor, has warned about new bitcoin giveaway scams using AI-generated deepfake videos featuring him and his company. “There is no such thing as a free lunch,” the Microstratgy executive stressed. The deepfake Saylor urges investors...
Shiba Inu and Dogecoin Face Tough Conditions as NuggetRush Reaches $1.5 Million Raised
7.1.2024
TLDR NuggetRush emerges as a promising player, raising over $1.5 million in its presale and offering a captivating play-to-earn game. Shiba Inu faces a decline in network activity with Shibarium, marked by a significant drop in daily transactions. Dogecoin encounters potential trouble as miners...
Marathon Digital Mines Record 1,853 BTC in December, up 56% from November
5.1.2024
Source: AdobeStock / Photocreo Bednarek Bitcoin mining company Marathon Digital has set a new production record by mining the highest amount of Bitcoin in a single month. In a press release on January 4, the Florida-based firm announced that it successfully mined 1,853 Bitcoin during December...
Immediate Avage Review – Scam or Legitimate Trading Platform?
5.1.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Immediate Avage is a new trending trading platform that claims to help investors navigate the turbulent world of trading through a straightforward platform. It promises to condense...
The Future of Bitcoin Is Here – In The Form of Predict-To-Earn Sensation Green Bitcoin (GBTC)
4.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Green Bitcoin (GBTC) has become a focal point of interest within the cryptocurrency community, attracting a significant influx of investors during its presale. The enthusiasm is evident as the total...
SEC Reportedly Overwhelmed with Paperwork as Deadline for Spot Bitcoin ETFs Approach
2.1.2024
Image by Parradee, Adobe Stock The Securities and Exchange Commission (SEC) is reportedly swamped with a substantial amount of paperwork as the January 10 deadline for the approval of spot Bitcoin (BTC) ETFs approach. According to Eleanor Terrett, a journalist for FOX Business, a spot Bitcoin...
Donald Trump Sells $2.4 Million Ethereum: Arkham Intelligence
28.12.2023
Source: Pixabay / heblo (Edited by Hongji Feng) Former U.S. President Donald Trump has sold a substantial amount of Ethereum, amounting to $2.4 million, according to Arkham Intelligence. In a recent post, the blockchain intelligence firm Arkham Intelligence shared a screenshot of a crypto wallet’s...