178 / 238 Relevant items tagged with #cryptocurrency
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Nansen: FTX and Alameda Research Wallets Shift $8.6M in Crypto Assets to Binance
[Oct 25, 2023 12:00 PM] On Wednesday, Nansen, an onchain analytics provider, illuminated a series of intriguing transactions originating from FTX and Alameda Research addresses, now under the stewardship of the FTX creditors. A substantial sum of $8.6 million in…
Biggest Movers: LINK, SOL Race to Highest Levels Since 2022
[Oct 25, 2023 10:15 AM] Chainlink extended recent gains on Wednesday, as the cryptocurrency rose to its highest point since last year. Prices rose by as much as 9% today, taking the total gain to 50% over the last seven days. Solana was another notable gainer, surging…
Former FTX Boss Sam Bankman-Fried to Testify on Thursday in High-Stakes Trial
[Oct 25, 2023 9:33 AM] Ex-FTX chief Sam Bankman-Fried is slated to make his case directly to the jury in his ongoing trial, as shared by his defense lawyer, Mark Cohen. Bankman-Fried’s decision to testify comes on the heels of several witnesses who have spoken…
PYUSD Supply Skyrockets by 49%, Marking a Shift in Distribution as New Holders Emerge
[Oct 25, 2023 7:30 AM] According to current metrics, Paypal’s stablecoin PYUSD has increased its supply by more than 49% since the end of September, rising from 94.39 million to 140.86 million. Moreover, the number of PYUSD holders has risen by 55% since September…
UK’s FinProm a welcome change, but challenge persists — Transak compliance head
[Oct 25, 2023 6:32 AM] Transak’s compliance chief, James Young, told Cointelegraph that while the U.K.’s new crypto marketing rules are good for the industry, they still pose challenges to some firms operating in the decentralized space.
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Gains, as Traders Anticipate Powell Speech
[Oct 25, 2023 6:30 AM] Bitcoin profit takers swooped in to capture recent profits on Wednesday, as the cryptocurrency retreated below a recent high above $35,000. The decline comes ahead of Federal Reserve Chair Jerome Powell’s speech later today. Ethereum also…
Israeli Crypto-Based Aid Organization Says Nearly $200,000 Raised for October 7 Terror Victims
[Oct 25, 2023 5:30 AM] Nearly $200,000 has been raised by a non-profit organization launched by members of Israel’s Web3 community. More than 30 Web3 companies have since joined the campaign while the accounting firm KPMG is said to be assisting with fundraising…
North America Is Largest Crypto Market Despite Regulatory Uncertainty, Chainalysis Reports
[Oct 25, 2023 4:00 AM] North America leads in terms of cryptocurrency usage despite the ongoing regulatory uncertainty, blockchain forensics firm Chainalysis revealed. Meanwhile, stablecoin-related activity has been decreasing with users shifting away from U.S.-based…
Lightspark Open Sources Email-Like Protocol UMA; Raises Debate on Compliance
[Oct 25, 2023 2:30 AM] Lightspark, a Lightning Network (LN) financial services company, has announced it has open-sourced Universal Money Address (UMA), a protocol similar to email, but for money. The protocol will be interoperable, allowing platforms to exercise due…
Microbt Debuts M60 Series in Dubai; Bitcoin Mining Rigs Boast 18.5 J/T Efficiency
[Oct 25, 2023 1:00 AM] During the Blockchain Life 2023 event in Dubai, Microbt rolled out its latest Whatsminer M60 series, which boasts an efficiency rating of 18.5 joules per terahash (J/T). Whatsminer M60 Series Showcased in Dubai On Tuesday, at the Blockchain Life…
Lightning Network Developer States Disclosed Vulnerability Is Not an ‘Intentional Backdoor,’ Calls for Responsible Journalism
Report: Operators of Central African Republic-Based Crypto Investment Firm Disappear With $1.6 Million
[Oct 24, 2023 9:30 PM] According to reports, the operators of a Central African Republic (CAR) crypto company which promised a high return on money invested have disappeared along with $1.6 million in investor funds. High-profile personalities including lawmakers and…
Ripple Joins Forces With Uphold to Improve Cross-Border Crypto Payments Liquidity
Robert Kiyosaki Shares His Investment Strategy — Says He’s Not Trying to Be Warren Buffett
Binance Executives in UK and France Leave Crypto Exchange
[Oct 24, 2023 5:15 PM] Another two executive departures, in the United Kingdom and France, have extended a string of managerial exits at Binance this year. They come as the leading cryptocurrency exchange faces continued regulatory pressure in a number of jurisdictions…
Nigerian Bank Reportedly Freezes Accounts Belonging to 500 USDT Traders
[Oct 24, 2023 3:30 PM] A Nigerian bank has reportedly blocked bank accounts belonging to some 500 digital asset traders. The affected accounts are said to have received a portion of the more than $10 million that was stolen from Access Bank by hackers between May and…
Bitcoin Futures Open Interest Skyrockets Amid Rising Market Enthusiasm and ETF Anticipation
Bitcoin’s Meteoric Rise to $35,000 Erases $232M in Short Positions in Just 24 Hours
[Oct 24, 2023 10:30 AM] On October 24, 2023, bitcoin (BTC) experienced a robust 13% surge during the early morning trading hours, Eastern Time (ET). This rise catapulted bitcoin’s value to $35,108 per unit, propelling the entire cryptocurrency market upwards by…
Biggest Movers: XRP Extends Recent Gains, Rising to 8-Week High
[Oct 24, 2023 9:30 AM] XRP rose for a fourth straight day on Tuesday, as overall sentiment in the market was mostly bullish. The global crypto market cap is nearly 10% higher at the time of writing, with the likes of bitcoin trading at a 17-month high. Cardano also…
With Over 50% Market Share, Bitcoin’s Dominance Echoes Its 2021 Peaks
[Oct 24, 2023 7:30 AM] Recent data reveals a surge in bitcoin’s dominance, a measure of its market capitalization in relation to the entire cryptocurrency sphere, reaching peaks not observed since February 2021. Present figures demonstrate that bitcoin (BTC)…
Bitcoin, Ethereum Technical Analysis: BTC Explodes Above $35,000 as ETF Speculation Intensifies
[Oct 24, 2023 6:45 AM] Bitcoin rallied to its highest level since May 2022, as bullish sentiment exploded throughout the market. The surge came as traders believed a United States SEC announcement was imminent, over a bitcoin exchange-traded fund (ETF), likely from…
Bitcoin Soars as Blackrock Moves Closer to Launching Spot Bitcoin ETF
[Oct 24, 2023 5:15 AM] Blackrock is moving forward with the process of bringing its spot bitcoin exchange-traded fund (ETF) to market. The world’s largest asset manager has secured a ticker symbol and a CUSIP number for its forthcoming spot bitcoin ETF, which is…
Crypto ATMs Vanish at Rapid Rate in 2023, Data Highlights Downward Trend Peaked in July
[Oct 24, 2023 4:00 AM] 2023 has marked a notable decline in the number of crypto automated teller machines worldwide, plunging to levels not seen since November 2021. Data from coinatmradar.com reveal that July witnessed the steepest fall, with 4,123 crypto ATMs…
Binance Latam Regional VP: ‘We Intend to Become Regulated in Argentina’
[Oct 24, 2023 2:30 AM] Min Lin, Latam regional vice president at Binance, referred to the intention of the institution to become regulated in Argentina after a specific law to license crypto brokers is approved. Lin stated the exchange is talking with regulators to…
On the Road to Yuan Internalization: Petrochina Completes First Digital Yuan Settlement
[Oct 23, 2023 10:30 PM] Petrochina, the largest Asian oil and gas producer, has completed a settlement using the Chinese central bank digital currency (CBDC), the digital yuan. The operation, which involved a purchase of 1 million crude barrels through the Shanghai Oil…
Mexican Billionaire Advocates Bitcoin for Wealth Protection — ‘People Need to Realize They’re Being Robbed’
Tesla CEO Elon Musk Calls for ‘Comprehensive Deregulation’ After Predicting SEC Overhaul
SEC Ordered to Re-Evaluate Grayscale’s Bitcoin ETF Conversion With Court Mandate
[Oct 23, 2023 3:35 PM] The U.S. Securities and Exchange Commission (SEC) once again holds the reins when it comes to evaluating Grayscale’s spot bitcoin exchange-traded fund (ETF) application. On October 23, 2023, the U.S. Court of Appeals for the D.C. Circuit…
Dormant $144M in Bitcoin From Defunct Abraxas Darknet Market Moved After Years of Inactivity
[Oct 23, 2023 2:30 PM] According to the onchain analyst Zachxbt, 4,800 bitcoins taken from the now-defunct darknet marketplace Abraxas were transferred to a bitcoin mixing service. Abraxas exit scammed in November 2015 after less than a year, and the bitcoins had…