OKX Broadens DApps Offering, Partners with DappRadar – Finance Magnates
OKX has become one of the largest cryptocurrency exchanges by volume, and its trading activity has increased by 700% since 2021. Dubai Virtual Assets … …Read the full story
Tag: Finance Magnates
Bitcoin Prices Drop Below $30,000, the Lowest Since December 2020. Here’s Why
After this crash, Bitcoin matched its December 2020 levels, after which it rebounded to just above the $29,000 mark. The rise of inflation, increase in market volatility and uncertainty, and the recent geopolitical tensions have dramatically impacted the price of Bitcoin, even more so than expected. Terra’s native token LUNA, which was trading at $119.18 […]
Large Bitcoin Addresses Purchase 18,000 BTC in 2 Weeks – Finance Magnates
Whale Bitcoin accounts, holding between 100 and 10,000 coins, have enhanced their digital asset holdings in the past 2 weeks. Despite the reason that a recent surge was observed across the Bitcoin whale network, the overall crypto holdings of BTC whales have decreased significantly compared to October 2021. “Bitcoin whale addresses holding 100 to 10k […]
Total XRP Sale by Ripple Increases Sharply in Q4 2021 – Finance Magnates
Ripple recently published its Q4 2021 XRP Markets report and highlighted a significant jump in total XRP sales by the company. An enormous jump was reported in ODL-related sales as the figure breached the level of $1,039 million, which is substantially higher compared to $491 million in the third quarter of 2021. In terms of […]
Bitcoin Has the Potential to Reach $500,000, Says Anthony Scaramucci | Finance Magnates
“One Bitcoin will easily trade at $500,000,” Anthony Scaramucci said in an interview with CNBC. After touching an all-time high of $68,600 on 9 November, Bitcoin held the price level of $63,000 on Monday. If Cathie Wood is correct, you would have a billion wallets by the end of 2024 and into the middle of […]
XRP Rally, XTB Fined, Bitcoin ATH, Maxiflex Closes: Editor’s Pick – Finance Magnates
Bitcoin’s market cap touched $1.25 trillion on Monday, which is its highest level in more than two weeks. Significant retail demand, accumulation from large investors, and strong network activity pushed the price of Bitcoin to a record high this week. The Polish watchdog has added Dublin-based AVA Trade EU Limited, as well as the Polish […]
Here’s Why Despite the Recent Bitcoin Crash, All Hope Isn’t Lost
In the face of the pandemic amidst global economic meltdowns, cryptocurrencies have emerged as remarkably resilient assets. Furthermore, by the end of 2019, six of the world’s top ten largest crypto firms were located in Asia. And as of January this year, of the top 20 token projects with headquarters, 42 percent of the market […]
Canada’s Basketball League to Offer Salaries in Bitcoin
The Canadian Elite Basketball League became the first pro sports league in North America to adopt Bitcoin as a mode of payment for salaries. The latest announcement from CEBL came after Russell Okung, who plays for Carolina Panthers in the American National Football League , received 50% of his $13 million annual pay in Bitcoin. […]
Bitcoin Whales, FX Acquisitions, ETH Options Expiry, XRP: Editor’s Pick
The complaint was filed before the US District Court of New Jersey. The upcoming expiry is 30 percent larger than the one that took place on March 26th, which coincided with a 17 percent plunge in the price of Ether over five days, bottoming out at around $1550. Per the press release shared with Finance […]
Robinhood Penalty, Bitcoin Sell-Off, ETH Plunge, G7 Crypto: Editor’s Pick
The trading week started with news that Ethereum whales are moving their ETH assets from leading cryptocurrency exchanges to digital wallets. According to the latest report published by the Australian Competition and Consumer Commission , a total of 444,164 scams were reported to different government agencies in 2020. Joe Biden, the current President of the United […]
16104 Bitcoin Addresses Hold 9 Million BTC
According to the latest data published by the on-chain cryptocurrency analytics platform, Santiment, Bitcoin whale addresses have accelerated the accumulation of BTC in the last few days. Santiment mentioned that 16,104 Bitcoin addresses, holding between 100 and 10,000 BTC, currently own approximately 9.1 million coins worth over $530 billion. “Of the 16,104 Bitcoin addresses holding […]
Ripple Demand, Dogecoin, USGFX Rebrand, Bitcoin Whales: Editor’s Pick
Mastercard, the US-based financial services giant, this week revealed the findings of its latest survey about digital payments. The brokerage now operates with licenses gained from the regulators in the United Kingdom, South Africa, St. As Finance Magnates reported again this week, Bitcoin whales have accelerated the transfer activity of the world’s most valuable digital currency. […]
BoE Governor Andrew Bailey Sounds Alarm on Bitcoin Investments
The popularity of Bitcoin exploded in recent years as top company chiefs and many economists started to see long-term value in it. Bailey has been a long-time critic of Bitcoin. His recent comments came when the crypto market is soaring, but this time with interests from institutional investors as well. …Read the full story
BTC Whale Moves 3671 Bitcoin from Coinbase
According to the latest data published by Whale Alert, a blockchain tracking and analytics firm, the total value of the BTC transfer stands at around $194 million. During the first week of April 2021, BTC whales moved 21,334 Bitcoin within 2 hours after the world’s largest cryptocurrency jumped above $60,000. The latest increase in the […]