With the Bitcoin price inching closer to the $100,000 mark, the whales are continuing to accumulate BTC. In a recent whale entry, an entity has accumulated 3,577 Bitcoin worth $330 million. The buying speed has continued for the past four days. The whale is currently holding 25,298 Bitcoin worth $2.5 billion.
With Bitcoin crossing above the $99,000 mark, the Bitcoin ETF market registered a positive inflow on Nov 21. The net flows reached $842.74 million by purchasing 8,585 Bitcoins. BlackRock’s iBit was the leader in the pack with the purchase of 6,644 Bitcoins worth $652 million and is currently holding 481,270 Bitcoins worth $47.24 billion. The …
As per the latest report by MSTR-tracker data, the correlation coefficient between the Microstrategy (MSTR) stock price and the Bitcoin (BTC) has hit a record high around the same time recently. Moreover, the (100x) MSTR/BTC price ratio has reached 0.5 for the first time ever this month. Furthermore, during the same time period, the premium …
Marathon Digital has announced the completion of $1 Billion Offering of 0% Convertible Senior Notes due 2030. The majority of the net proceeds will be used to fund its future Bitcoin purchases. The offering included an initial principal amount of $850 million, with an additional $150 million exercised under an option granted to initial purchasers. …
Binance’s recent listing of SLERF and Secret (SCRT) tokens on Binance Futures has created a buzz in the crypto market. The tokens began trading with 75x leverage starting November 21, igniting a surge in their prices. SCRT saw a 30% price increase, hitting $0.41 before settling at $0.34, signaling renewed investor confidence. The altcoin is …
Ethereum co-founder Vitalik Buterin’s wallet, vitalik.eth, exchanged 0.082 ETH ($249.63) for 30,303 ANON tokens today, while Base leader Jesse Pollak swapped 0.333 ETH ($993.41) for 31,529 ANONs. ANON, a community-driven token leveraging zk-proof technology and anonymity, has gained significant traction on Farcaster, sparking widespread interest. This surge highlights the growing appeal of privacy-centric innovations in …
South Korea’s second-largest crypto exchange, Bithumb, has introduced Korean won trading pairs for TONCOIN (TON) and METIS (METIS), with trading set to begin at 8:00 PM KST on November 21. TONCOIN is gaining traction, showing a promising trend reversal after breaking a downtrend line. Analysts believe this structural breakout is more significant than the Bithumb …
MicroStrategy’s stock has reached a historic milestone, with its correlation coefficient to Bitcoin hitting an all-time high, according to MSTR-tracker data. The MSTR/BTC price ratio (100x) has also climbed to 0.5 for the first time. Meanwhile, the premium of MicroStrategy’s stock price to its Bitcoin net asset value (NAV) surged to 3.4, marking a remarkable …
The U.S. Department of Justice (DOJ) has recently charged five different people for their participation in a cryptocurrency hacker attack that cost them $6.3 million. The accused are associated with phishing groups, “0ktapus” and “Scattered Spider,” which targeted tech firms and crypto platforms employees; corporate sensitive data and cryptocurrencies were pondered in the case.Removing the …
As the BTC price creates a new all-time high, whales continue to accumulate BTC. In the past two days, a whale has bought 3,289 BTC worth $302 million. The purchase happened over binance and the whale’s current holding is 25,010 BTC. This is worth $2.37 billion. Currently, the Bitcoin price is trading at its all-time …
In recent news, a kid created a coin Quant while live streaming. Surprisingly, he sold it all for 128 SOL tokens worth $30,000. After the sale, he made a profit of $29.6K. Following the sale of 51M tokens, Quant became trending and reached a valuation of $4M. Riding the trend wave, the kid created two …
A whale has bought 100,000 SOL tokens worth $23.86 million. He had staked this in the past two days. Currently, the whale holds 231,919 SOL tokens worth $55.5 million. As the BTC price creates a new all-time high by crossing the $97,000 barrier, the sol token is now inching back to its $250 psychological barrier …
According to a latest Bloomberg report, President-elect Donald Trump is considering creating a new White House post dedicated entirely to cryptocurrency policy. The role would be the first-ever crypto-specific White House post which highlights the crypto industry’s prominent role in the Trump administration. Trump’s transition team is considering current and former CFTC officials to chair …
In a remarkable feat, Michael Saylor’s MicroStrategy (MSTR) has officially surpassed a $100 billion market cap. The company had earlier today announced that it has upsized its Private Offering of Convertible Notes to $2.6 Billion for additional Bitcoin Purchase. The software firm has also broken into the top 100 publicly traded companies in the United …
In the latest X post crypto data tracking firm Arkham Intelligence has revealed plans to launch a spot trading platform in the United States. It noted that eligibility varies by jurisdiction and users residing in the United States will be excluded from onboarding until onboarding is legally permitted in their country and state. Previously, in …
Recently, Japan’s Prime Minister, Shigeru Ishiba promised to cut taxes on crypto in his economic stimulus package. As per the latest reports, Ishiba received approval for his economic package after vowing to include annual tax reform proposals from the opposition party, the “Democratic Party for the People (DPP)”. Moreover, the main parties also agreed to …
As per the latest reports, the latest inflation reading in England has pushed back above the Bank of England’s 2% target. With this, a final rate cut this year now seems less likely. Notably, with the release of the inflation data, the British Pound saw a minor increase, from 0.1% to $1.2692 during the morning …
21Shares has recently announced a major upgrade to its Ethereum Core ETP (Exchange-Traded Product). Reportedly, it now incorporates staking functionality. Plus, the firm has rebranded the product as the Ethereum Core Staking ETP. With this, it offers trading under the ticker “ETHC” which is available on major European exchanges such as SIX Swiss Exchange, Deutsche …
Yao Qian, once a strong supporter of cryptocurrencies in China and the founder of the country’s Central Bank Digital Currency (CBDC), has been accused of using cryptocurrencies for bribery, involving significant amounts. The Chinese government has dismissed him from his position and expelled him from the Communist Party. His case has now been transferred to …
Bhutan, a small Himalayan kingdom, has quietly accumulated $1.1 billion in Bitcoin, holding 34% of its GDP in 13,011 BTC, currently valued at $780.49 million. Since 2021, Bhutan has strategically built its crypto reserves using its abundant hydropower resources for mining. The country recently moved $65 million to Binance, showcasing its active management of assets. …
With the refreshed buying pressure in the meme coins, Bonk and Popcat are rising as top performers. In this bullish rally, a smart trader has made an immense profit by trading Popcat, which is now buying Bonk. In the previous rally, this smart whale made a huge profit of $4.84 million on Popcat. In the …
Despite the short-term pullback in Bitcoin, dropping from the new all-time high of $94,957 to the current market price of $92,230, a smart trader has made profits by chasing the bull run in BTC prices. From November 6 to 8, the trader sold 619 WBTC for $46.44 million and made $8.85 million in profits. The …
Recently, the whale “convexcuck.eth” has spent $2M to buy 709,961 CVX tokens, slightly before the market price of CVX shot up by 61%. Furthermore, between July 2021 and March 2022, the whale had a history of trading CVX for a profit of $20.2M. This registered a gain of 129% for its first trade. After nearly …
Financial author Robert Kiyosaki endorsed Michael Saylor’s bold prediction that Bitcoin would reach $13 million, calling Saylor “one smart boy.” Kiyosaki highlighted Bitcoin’s current price of $90,000 and urged followers to invest in fractional Bitcoin ownership, suggesting that $9,000 today could make one a millionaire. He compared this to the cost and effort of pursuing …
Binance has introduced BFUSD, a reward-bearing margin asset for futures trading, clarifying it is not a stablecoin and hasn’t launched yet. Speculation arose after its promotional page compared BFUSD’s 19.55% APY to stablecoins, reminiscent of Terra’s Anchor Protocol. Users can hold BFUSD in their UM wallets to earn daily rewards without lockup requirements. Binance phased …
A California federal court has ruled that Lido DAO, the decentralized body behind the Lido staking protocol, operates as a general partnership, making its participants liable under state laws. The decision rejected Lido’s argument of being a non-legal entity, stating that its governance structure and token-holder involvement qualify it as a profit-driven partnership. This ruling …
Rumble Inc., a YouTube alternative known for its appeal to far-right audiences, is exploring adding Bitcoin to its balance sheet. The tweet, which gained strong support from the crypto community, caused Rumble’s stock (RUM) to surge by 9%, reaching $6.20 in after-hours trading on November 19. Earlier, shares had been trading lower but quickly bounced …
Coinbase has announced plans to delist Wrapped Bitcoin (WBTC) from its platform by December 19, citing the token’s failure to meet the exchange’s listing standards. Wrapped Bitcoin, a token that represents BTC on other blockchains, will no longer be traded on the platform. Despite this move, Coinbase assured users that their WBTC holdings will remain …
A Bitcoin whale made significant moves on November 19, withdrawing 2,189 BTC worth $200 million from Binance, according to Lookonchain. This whale currently holds a staggering 24,660 BTC, valued at $2.27 billion. Adding to the intrigue, the whale purchased an additional 750 BTC, worth $69 million, just an hour later, signaling confidence in the market. …
In the latest announcement, Binance has disclosed significant updates to the leverage and margin pairs for several USD-M perpetual contracts. These include SHIB/USDT, ADA/USDT, FLOKI/USDT, and SHIB/USDT pairs. These updates are designed to enhance market stability by adjusting leverage options across various position sizes, impacting both small and large traders. The changes, which apply to …