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Bitcoin Whale Transfers $2.2 Billion Worth of BTC for Just $7
19.6.2020
Whale alert reports that a so-called whale has transferred the equivalent of $2.24 billion in bitcoin for less than $7. In a series of tweets on Friday, the crypto tracking tool said the bitcoin (BTC) whale sent a total of 241,500 BTC in seven successive transactions within one hour. Each...
Crypto Card Issuer Wirecard Missing $2.1 Billion Cash, Company Shares Plunge 62%
19.6.2020
About 1.9 billion euros ($2.13 billion) worth of cash is missing from one of Wirecard’s trust accounts and the crypto debit card provider cannot as yet account for the money, the company reported on Thursday. In a statement, the major German payment processor blamed “spurious”...
Limitless Bailouts: US Federal Reserve Announces Billion-Dollar Corporate Bond Purchase Program
16.6.2020
During the last three months, the U.S. Federal Reserve has created a system of monetary avarice, as the central bank can literally do whatever it wants with zero oversight. The American public recently witnessed the Fed’s announcement on Monday, which explained the central bank will be buying...
Wilshire Phoenix Files Publicly-Traded Bitcoin Trust to Challenge Grayscale’s $3.4 Billion Dominance
15.6.2020
Wilshire Phoenix has filed to launch a publicly-traded trust called Bitcoin Commodity Trust (BCT) – putting the firm in direct competition with Grayscale Investments’ $3.4 billion bitcoin trust (GBTC). According to the June 12 filing with the U.S. Securities and Exchange Commission...
Market Update: Bitcoin World Reserve Theories, Market Cap Loses $16B, Analyst Predicts $7,500 ETH
15.6.2020
Digital currency markets are down on Sunday evening roughly 2.14% as global trade volume has slid by 31% this weekend. Coins like ethereum, bitcoin, litecoin, and bitcoin cash are all down between 1-2% in the last 24 hours. Crypto Assets Shed $16 Billion in Two Days At the time of publication,...
Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal
13.6.2020
Estonia has canceled 500 cryptocurrency firms’ licenses, about 30% of the total, as part of a crackdown on illicit financial flows following a $220 billion money-laundering scandal involving Danske Bank. Regulators are concerned that bitcoin exchanges and other crypto companies might...
Singapore’s Three Arrows Capital Buys 6% of Grayscale’s $3.5 Billion Bitcoin Fund
12.6.2020
Three Arrows Capital Ltd has bought a 6.26% stake of the $3.5 billion Grayscale Investment’s Bitcoin Trust. According to a filing with the U.S. Securities and Exchange Commission (SEC), the Singapore-based crypto hedge fund snapped up the equivalent of 21 million shares of the Trust’s...
Bitcoin Users Could've Saved Half a Billion USD in Fees - Report
11.6.2020
Network fees must be paid, but what if you don’t have to pay as much? Bitcoin (BTC) users could've saved around half a billion USD in network fees had there been a full SegWit and batching adoption, according to Bitcoin startup Veriphi.
Per Veriphi’s latest report, almost half a million blocks...
Whale Moves $1.3 Billion in Bitcoin … the Question Is Why?
11.6.2020
An unknown whale has moved $1.3 billion BTC in three transactions
Market Update: Bitcoin Train Inches Toward $10K, Wild Predictions, Trillion Dollar Crypto Economy
10.6.2020
On Wednesday, the market valuation of all 5,000+ cryptocurrencies is worth around $277 billion after a few coins gathered decent gains during the morning trading sessions. Today, bitcoin is trading for over $9,783 per unit and many traders believe the asset will surpass $10K once again. However...
Bitcoin Options Open Interest Rises 50% in a Month to Hit $1.5 Billion
10.6.2020
Just over a month since open interest in Bitcoin options hit a record high of $1 billion, the latest figures show that it has increased 50% to break $1.5 billion
NFT Marketplace Opens Korea's Multi-Billion Gaming Industry to Crypto
8.6.2020
A Korean blockchain game company has launched a native NFT marketplace for Korea’s multi-billion dollar game sector
Chinese Bank Issues Commercial Paper Worth $16.9 Billion on Blockchain
8.6.2020
A Chinese commercial bank issued China’s first asset-backed commercial paper worth $16.93 billion on a blockchain
Report Shows Crypto Derivatives Volumes Soared 32% to a Record $602 Billion in May
5.6.2020
Cryptocurrency derivatives trading volumes climbed 32% in May to a new record high of $602 billion, according to data analytics company Cryptocompare. Total spot volumes grew at a slower pace, rising 5% to $1.27 trillion in May, the London-based firm said in a new report published June 4, 2020....
DeFi Platform Celsius Hits $1 Billion in Cryptocurrency Deposits
5.6.2020
Decentralized finance platform Celsius Network has crossed $1 billion in total cryptocurrency deposits
Custodian With 100k Users Plans to Tokenize $13 Billion in Assets
31.5.2020
Kingdom Trust, a regulated custodian managing over $13 billion in assets, wants to tokenize the more than 20,000 assets that it currently custodies
WeChat Invests $70 Billion in Fintech, Including Blockchain and AI
27.5.2020
Tencent Holdings aims to bolster blockchain technology development across China as part of a $70 billion investment in fintech
Market Outlook: Golden Cross Invalidated, Andreessen Horowitz Predicts ‘Fourth Crypto Cycle’
24.5.2020
The price of bitcoin and a number of other popular cryptocurrencies have been collectively holding a market valuation of around $255 billion. The fiat value of these cryptocurrencies has slipped downwards during the last four days. Despite the weekly losses of around 3-6%, many digital currency...
Grayscale’s Bitcoin Holdings Pass $3 Billion, Growing 76% Year-on-Year
20.5.2020
American digital asset management fund Grayscale has continued to grow, with the total assets under management hitting $3.8 billion
Enterprise Blockchain Market Will Hit $21.07 Billion By 2025, Says Fortune Business Insights
14.5.2020
New research claims that the enterprise blockchain market will continue to rise to $21.07 billion by 2025