According to the latest data from crypto analytics firm Glassnode, there are currently fewer Bitcoin in a highly liquid state than there were at the very bottom of the infamous December 2018 capitulation. Diving deeper into the numbers shows that this is incredibly bullish not just for Bitcoin, but for the rest of the market …
Continue reading “There’s now fewer liquid Bitcoin to purchase than at 2018’s ‘generational lows’”
Following a number of partnerships this year, FTX Trading Limited announced on Thursday that the company has partnered with the Mercedes-AMG Petronas Formula One Team. According to FTX, the relationship will “span multiple race seasons” and the FTX logo will be “featured prominently” by both cars and drivers. FTX Teams up With Mercedes F1 in …
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sponsored Polker is proud to announce the upcoming integration of Chainlink Price Feeds. By integrating Chainlink-powered decentralized oracles, the Polker platform will be able to offer an even more decentralized and trusted service to players. The initial Chainlink Price Feed implementation will replace the current price feed API within Polker’s patented Multi Crypto Marketplace protocol. …
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The world is still focused on the financial downfall of China’s real estate giant Evergrande and according to Chinese authorities have told the private sector to get “ready for the possible storm.” Reports show that even though the People’s Bank of China already provided $18.6 billion in liquidity to ease the brunt, Beijing may not …
Last Friday, blockchain project the Wormhole Network launched the protocol’s ethereum ↔ solana bridge which enables users to exchange assets from both networks in a cross-chain fashion. Five days later, the Wormhole Network team announced the launch of a non-fungible token (NFT) bridge for transferring NFTs between both blockchains. Wormhole Launches Ethereum ↔ Solana NFT …
Dogecoin, Musk, and $60 million NFT froth: Why Ruffer sold $1bn in Bitcoin Ruffer Investment Company Limited invested roughly $600 million in Bitcoin (BTC) in November 2020 but sold its exposure in April, while the crypto was still pumping and its price fluctuated between $50,000 and $65,000, profiting more than $1 billion in about five …
Continue reading “NFL star Tom Brady wants part of his salary in Solana, Ethereum, or Bitcoin”
NBA team Philadelphia 76ers have signed on crypto exchange and services business Crypto.com as official jersey sponsor, the teams announced in a release yesterday. “Dream team in the making: Crypto.com and Sixers announce a multi-year partnership: Official Cryptocurrency Platform Partner, Official Jersey Patch Partner, First-ever 76ers NFT Series on the way,” a relevant tweet read. …
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In an audacious move by scammers, the Bitcoin.org website was hacked earlier today with a giveaway scam placed on the homepage. Such scams usually take place on YouTube by way of recycling video content from prominent crypto figures. But to have it happen on the official Bitcoin website represents a new ploy not seen before. …
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Cryptocurrency addresses allegedly used by Russian exchange Suex, recently placed under U.S. sanctions, have received more than $934 million in crypto assets, blockchain analysis suggests. According to the Treasury Department, over 40% of the platform’s transactions involved criminal actors. A Suex co-founder has denied any illegal activity. Sanctioned Crypto Broker Suex Processed $370 Million of …
Continue reading “Blacklisted Suex Addresses Received Over $900 Million in Crypto, Report Reveals”
Former Monero developer Riccardo Spagni has been released from a U.S. prison where he reportedly spent “sixty-one days in solitary confinement.” The developer’s release was prompted by the failure of South African authorities “to make a timely submission in support of an extradition request.” South African Government Fails to Submit Extradition Documents As previously reported …
On Thursday, the pseudonymous operator of Bitcoin.org told the public on Twitter that the web portal has been “compromised.” The operator, Cobra, explained that the hackers were able to implement a bitcoin doubler scam model and stressed that the site would be down for a “few days.” Website Operator Cobra Warns Bitcoin.org Has Been Compromised …
Roughly one in five adults reported seeing something about Kim Kardashian’s Instagram post promoting the cryptocurrency Ethereum Max, according to data intelligence company Morning Consult. Morning Consult’s poll, which was conducted among 2,200 US adults in the days following Kardashian’s post, revealed that the share was even higher among crypto owners, at 31%. Crypto audience …
Speaking on CNBC, SEC Chair Gary Gensler responds to claims made by Coinbase CEO Brian Armstrong that his organization refused to provide clarity and threatened legal action. Armstrong’s allegations were in relation to the launch of Coinbase Lend, a yield earning program paying 4% on USDC deposits. Last Friday, the firm announced that they have …
The National Bank of Ukraine recognizes the benefits of endorsing crypto innovations but also fears cryptocurrencies could gain ground on the national fiat. Announcing its monetary policy guidelines for the near future, the regulator noted it’s going to defend the status of the hryvnia as the only legal tender in the country. Bank of Ukraine …
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Blockdaemon, a blockchain infrastructure provider, has raised $155 million in its Series B funding round, which will aid its expansion plans to make acquisitions in the crypto infrastructure market. The funding round had the participation of Goldman Sachs, Softbank Vision Fund 2, Matrix Capital Management, Sapphire Ventures, and Morgan Creek Digital, among others. Blockdaemon Raises …
