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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...
South Korean Crypto Exchanges Blocked $82m Worth of Romance Scam Transactions in 2023
29.1.2024
South Korean crypto exchanges say they blocked over $82 million worth of transactions linked to romance scams last year. Per Seoul Shinmun, the crypto exchange Coinone claimed catfishing and other romantic scams that make use of crypto were now “rampant” in South Korea. Coinone said that it...
Bitcoin’s Fourth Halving May Unleash the ‘Mother of All Reorgs,’ Ordiscan Founder Predicts
27.1.2024
The crypto community is abuzz with anticipation for the upcoming Bitcoin network halving event, projected to occur on or around April 20, 2024. This event is sparking widespread speculation about its distinct importance. As the fourth Bitcoin halving nears, a theory of a potential major blockchain...
Is Bitcoin Going To Zero As Grayscale Sends 10,000 BTC To Coinbase – Best Altcoins To Invest In Right Now
26.1.2024
Investors are fretting over whether Bitcoin might be going to zero, as digital asset management firm Grayscale continues to dump BTC on the market from its Grayscale Bitcoin Trust (GBTC) ETF. Just on Friday, Grayscale sent another $400 million worth of BTC to Coinbase to be sold, crypto analyst...
9 Newly Launched Bitcoin ETFs Amass 132,170 BTC With Blackrock and Fidelity Commanding 70% of Total Holdings
26.1.2024
At 10:30 a.m. Eastern Time (ET) on Friday, Grayscale’s GBTC reported a decrease of 10,871.56 bitcoin from its holdings compared to Thursday. In contrast, since its inception on Jan. 11, 2024, Blackrock’s IBIT has accumulated a total of 49,952.32 bitcoin worth $1.98 billion....
OneCoin Scam Lawyer Faces Decade Behind Bars for $400 Million Laundering
26.1.2024
Mark Scott, a former partner at U.S. law firm Locke Lord, has been sentenced to 10 years in prison for his involvement in Ruja Ignatova’s OneCoin crypto scam worth nearly $400 million. According to Manhattan federal prosecutors, Scott was found guilty of conspiracy to commit money laundering...
U.S. Government to Auction $117 Million in Confiscated Bitcoin from Silk Road Case
26.1.2024
The U.S. government has filed a notice revealing its plans to auction approximately $117 million worth of Bitcoin (BTC) that was seized during a dark web drug bust. In a notice dated January 8, the government said it aims to auction nearly 2,875 BTC seized from Ryan Farace and Sean Bridges in 2021...
ARK Bought $62.3M Worth of Own ETF in Last Week; Sold $42.7M of BITO
26.1.2024
ARKW now holds $91.4 million of ARKB, constituting a 5.98% weighting of the fund's total value
Solana NFT Weekly Sales Hit $62M, Surpassing Bitcoin Network
25.1.2024
Weekly NFT sales on Solana experienced a surge this past week, surpassing Bitcoin. Cryptoslam data reveals that the blockchain’s weekly trading volume exceeded $62m between Jan. 18 to Jan. 25. It’s worth noting that around $3.4m constituted wash volume, or trading designed to create...
Meme Token TRUMP Sent to Donald Trump-Branded Crypto Wallet Now Worth Over $1.1 Million
24.1.2024
Memecoins in a crypto wallet purportedly linked to former U.S. President Donald Trump have risen to over $1 million in just six months. According to data from blockchain analytics firm Arkham Intelligence, the TRUMP meme coins sent to Trump’s alleged crypto wallet were originally worth several...
South Korean Tax Body Seized Crypto Worth $28.4m From ‘Tax Dodgers’ in 2023
24.1.2024
South Korea’s tax body last year confiscated cryptoassets worth $28.4 million from citizens who were trying to avoid paying taxes. Per Newsis, the number of “crypto tax dodgers” has ballooned from 5,741 – a figure reported in late 2022 – to 10,849. The latest figures come from the National...
Socket Retrieves $2.3M in ETH Following Bungee Bridge Exploit
23.1.2024
Source: AdobeStock/Roman Samokhin Interoperable blockchain network Socket has announced the retrieval of 1,032 Ether tokens worth $2.3 million. Announcing this development on X (formerly Twitter), the protocol revealed that these digital funds were linked to the January 16 Bungee Bridge exploit...
Best Crypto to Buy Now January 22 – Frax Share, Litecoin, Siacoin
22.1.2024
For investors seeking the best crypto to buy now, Siacoin (SC) makes a compelling case with its price increasing 33.42% over the past week, despite broader cryptocurrency market declines. Frax Share and Litecoin are also top options, while new presales of Bitcoin Minetrix and Launchpad XYZ also...
Top 5 AI Crypto Tokens Experience Downturn, Sector Loses $960 Million in Value
22.1.2024
The value of crypto assets linked to artificial intelligence (AI) surged to $7 billion at the beginning of the year. However, recent weeks have seen a reduction of $960 million in the overall worth of the AI crypto sector. Each of the leading five AI-focused digital assets has experienced a decline...
Tron Founder Justin Sun Withdraws Altcoins Worth $60M in One Month
22.1.2024
Source: Adobe / prima91 Justin Sun, founder of Tron and HTX advisor, has reportedly withdrawn $60 million worth of altcoins from Binance exchange in a span of one month. Per data from Lookonchain, Sun withdrew the maximum assets in Ethereum (ETH) worth $43 million, followed by $6.7 million worth...
Analyst Warns BTC Price Will Remain Flat as $25 Billion GBTC Liquidation Looms, Galaxy Digital Founder Disagrees
22.1.2024
Bitcoin (BTC) investors should brace themselves for potential price stagnation or even a decline as the liquidation of $25 billion worth of Grayscale Bitcoin Trust (GBTC) looms. Chris J Terry, founding partner of BTCdata Corporation, recently expressed his concerns about the impact of GBTC’s...
Best Crypto to Buy Today January 19 – Render, Bitget, BNB
19.1.2024
With its RNDR price showing a modest uptrend recently, Render Network has positioned the token as a top contender for the best crypto to buy today in an otherwise red market. While established cryptos like Bitget and Binance Coin also demonstrate strength amid broader downturns, up-and-coming...
Moonwell’s Bold $2.3M Plan to Counter Frax Hack Debt Sparks Controversy
19.1.2024
Moonwell, a decentralized finance (DeFi) borrowing and lending protocol, is facing controversy over its proposal to use $2.3 million worth of digital asset collateral to offset bad debt from Frax Finance (FRAX) pools due to a hack nearly two years ago. In a plebiscite held on December 31, 2023...
Bitcoin ETFs Still Hungry on Day 5, 10.6K More BTC Added Despite Grayscale Outflows
19.1.2024
Bitcoin ETFs bought over 10,000 additional BTC on their fifth trading day, even as Grayscale saw continued outflows. Image by Thanasak Wongsuk, Vecteezy. The fervor around the newly launched spot Bitcoin exchange-traded funds (ETFs) continued unabated on their fifth day of trading, with the funds...
Cathie Wood’s Ark Invest Buys Another $15M of its Spot Bitcoin ETF Shares
19.1.2024
Cathie Wood’s Ark Invest has continued to buy its own ARK 21Shares spot Bitcoin exchange-traded fund (ETF) worth $15 million. Cathie Wood and Ark Invest's trade activity from today 1/18 pic.twitter.com/zFT4XXbstM — Ark Invest Daily (@ArkkDaily) January 19, 2024 According to Ark Invest...