Ethereum whales holding 1k to 10k ETH are still holding their coins The Ethereum whales started accumulating ETH in October 2020 Ethereum’s daily address activity is on the decline which is bearish Trader sentiment towards Ethereum continues to be negative and could lead to a capitulation event Ethereum whales holding 1,000 to 10,000 ETH are …
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A potential death cross on the daily Bitcoin chart has been forming since mid- May The Bitcoin death cross should occur in the next week or so Bitcoin continues to trade below the 200-day moving average and the death cross would confirm a bear market $30k remains as the support level to watch for Bitcoin …
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The US DoJ has recovered 63.7 BTC of the 75 Bitcoin paid out to hackers by Colonial Pipeline The FBI was in possession of a private key that helped recover the Bitcoin A theory has been circulating that the funds were sent to Coinbase and that the exchange helped the authorities The CSO at Coinbase …
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After months of hype around the launch, the first Kusama parachain auction went off without a hitch. The now active parachain has already begun successfully processing transactions, paving the way for future slot auctions. Kusama’s First Functional Parachain Goes Live The anticipation surrounding Polkadot parachains over the last few months has at last been realized …
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A few Kenyan banks have started sending out warning alerts to clients engaged in cryptocurrency trading to be wary of the associated risks. These warnings have reportedly been sent to clients who have “used their credit and debit cards to buy cryptocurrencies on crypto exchanges.” Crypto Trading Risks According to a local report, one of …
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On Monday, the San Francisco-based retirement plan provider for small to medium-sized businesses, Forusall, announced the launch of an alternative 401(k) plan that offers in-plan cryptocurrency access. According to the alt 401(k) investment option, Forusall is working with Coinbase Institutional as its retirement plan partner. Forusall and Coinbase’s Institutional Arm Offer Crypto-Infused Alt 401(k) Plan …
Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians fall victim to fraudulent schemes involving cryptocurrency, bank transfers remain the scammers’ favorite way to extract money. Australians Lose $670 Million to Scammers in a …
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Theta Fuel is rocking the house. The crypto market is a sea of red today but there is one coin that stands out amidst the carnage, and that’s Theta or to be more precise its gas coin Theta Fuel. Theta Fuel is up 20% today while all around tens of billions of dollars is being …
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A breakout to avoid a fresh price dip would be a “miracle,” says Crypto Ed as storm clouds gather for Bitcoin bulls. Bitcoin (BTC) traded worryingly near $30,000 support on June 8 amid fresh predictions of incoming lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price hints at “sub $30,000” move Data from Cointelegraph …
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More than $6 billion worth of Bitcoin is now tokenized on Ethereum as WBTC. One percent of Bitcoin’s circulating supply is currently tokenized as Wrapped BTC (WBTC), equating to nearly $6.2 billion worth of BTC. The milestone was acknowledged by the product manager of crypto custody firm BitGo, Kia Mosayeri, who tweeted the news on …
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Spanish multinational seafood giant, Nueva Pescanova Group, has partnered with The IBM Food Trust to trace the shrimp and prawns it fishes on the blockchain. Spanish-based seafood firm, Nueva Pescanova Group, has announced its working with IBM to utilize its Food Trust platform — a distributed ledger technology platform designed for supply chain traceability. According …
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With Bitcoin’s price consistently trending below its 200-day moving averages and heavy selling identified among miners, some analysts are bracing for further bearish momentum. The crypto markets are against dropping, with Bitcoin crashing below $33,000 for the first time since May 23 as Ethereum similarly broke below support at $2,500. The downward momentum comes as …
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The decentralized exchange Mdex and yield aggregator Filda represent roughly $2.4 billion of Heco’s $2.7 billion TVL combined. Despite Huobi Eco Chain attracting an impressive total value locked (TVL) since launching in December, just two DApps represent 86% of the blockchain’s TVL. According to crypto data aggregator, CryptoRank, approximately $1.98 billion or 73% of Heco’s …
An increasing number of Latin American lawmakers are donning Lazer eyes on their Twitter avatars to express their support for Bitcoin and digital assets. Gabriel Silva, a Panamanian congressman, is moving to follow in El Salvador’s footsteps by proposing legislation to adopt Bitcoin and other cryptocurrencies on a national scale. El Salvador’s president, Nayib Bukele …
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Former top policymakers Jay Clayton and Brent McIntosh has defended the crypto regulatory regimes established during their respective government tenures. The regulatory pressure is mounting in the U.S., with more politicians questioning whether the current framework is adequate. An opinion piece penned for Wall Street Journal by former SEC Chairman, Jay Clayton, and former Undersecretary …
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