Did an institution just invest $1.17 billion in bitcoin (BTC)? It sure looks so judging by three crypto transactions moving massive amounts of BTC from a wallet held by Coinbase Pro, to an anonymous bitcoin wallet. The three transactions were detected by the popular crypto tracking service Whale Alert and announced in a series of …
Continue reading “Whale moves $1.17 billion in BTC out of Coinbase as U.S. inflation soars”
Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Russia may use cryptocurrencies to evade sanctions imposed due to its invasion of Ukraine. Chainalysis Offers Crypto Industry New Sanctions-Screening Tools As the military conflict in …
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The hedge fund Fir Tree Capital Management’s investors claim it has developed a method to short the stablecoin tether. A report notes that “clients of the firm” said the potential to reap big rewards from shorting the world’s largest stablecoin is great. Investors Say Hedge Fund Devised a Method to Short Tether, Fir Tree Bets …
Continue reading “Report: Billion-Dollar Hedge Fund Fir Tree Eyes Shorting the Stablecoin Tether”
Popular commentator and veteran trader Peter Brandt gave advice to Gen Zers on Thursday and said that they should contribute savings to bitcoin and stocks of solid companies. In the same Twitter thread, Brandt noted that “crypto is still unproven,” but also said that those that know him best, know he’s been “bullish for years.” …
Despite mainly being in the red, there were a few notable big movers in crypto markets on Friday. Initially, STX was one of them, climbing by as much as 36%, before giving up all of these gains. However, RUNE and KDA managed to sustain gains. Thorchain (RUNE) Thorchain (RUNE) rose for the second time in …
Continue reading “Biggest Movers: RUNE Rallies on Friday, With KDA Climbing Over 10%”
Co-founder of Ethereum (ETH) scaling solution Polygon (MATIC) Sandeep Nailwal is optimistic that ETH will rule the third generation of the internet. In a new interview with crypto channel host Scott Melker, Nailwal says that Ethereum could overwhelmingly dominate Web 3.0, a version of the internet where platforms are decentralized and users control their own …
Seasoned trader Peter Brandt is outlining what he says is the best Bitcoin (BTC) investing strategy for members of Generation Z. In a new series of tweets, the veteran strategist tells his 627,000 Twitter followers the best way for younger generations to begin investing in the top crypto asset by market cap. According to Brandt, …
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March 11, 2022 – London, United Kingdom Opdex, a new decentralized exchange based on automated market makers, is launching on the Stratis blockchain to provide DeFi support for its fledgling GameFi ecosystem. The exchange is built in the native C# language of the Stratis blockchain, which offers a number of well-established developer tools particularly favorable …
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The U.S. Department of Labor (DOL) is warning investment firms to “exercise extreme care” before adding crypto to their retirement plans. In a new statement, the department says it has serious concerns about fiduciaries who expose 401(k) participants to crypto assets. “These investments present significant risks and challenges to participants’ retirement accounts, including significant risks …
Bitcoin (BTC) has been volatile in the past few days but the long-term investors seem to be using the current weakness to buy. According to Whale Alert and CryptoQuant, about 30,000 BTC left Coinbase and was deposited in an unknown wallet. It is speculated to be a genuine purchase and not an in-house transaction. Although …
Continue reading “Price analysis 3/11: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE”
BTC Price Fluctuates Between $37K and $45K as Bitcoin Hovers Above $38K– March 11, 2022 On March 10, BTC/USD declined below the moving averages as Bitcoin hovers above $38K. Today, the decline has continued to the low of $38,712. This will be the third time, the BTC price will be falling below the moving …
It’s easy to think of cryptocurrencies as just a new payment method. To be fair, they are, but they’re also so much more than that. They’re a new way of thinking about money and its potential to shape our world. That’s why everyone wants to understand how cryptocurrency casino games work and why you should …
Payment processing firm Stripe is now offering tools and services to cryptocurrency-focused businesses. In a new use-case announcement, Stripe says it’s making a wide suite of solutions available to the crypto industry, including accepting fiat currencies, identity verification and protection against fraud. Stripe co-founder and CEO John Collison took to Twitter to share some of …
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March 11, 2022 – San Francisco, California With 320,000 mobile downloads and moving over two billion data payloads per day, the project secured the 11th parachain slot with $42 million worth of DOTs committed to their crowd loan. Nodle, one of the world’s largest decentralized wireless networks that is powered by Bluetooth Low Energy (BLE) …
Continue reading “Nodle Wins Polkadot Parachain To Advance Decentralized Wireless Network”
The world’s richest non-exchange Bitcoin (BTC) whale is accumulating BTC amidst a widespread crypto market pullback. The wallet, which by itself holds the largest trove of Bitcoin next to crypto exchange giants Binance and Bitfinex, is buying more BTC as the price of the flagship cryptocurrency continues to trade below the $40,000 mark. According to …
