The cryptocurrency market has dropped from $2.40 Trillion to $2.36 Trillion within the past 24 hours, a correction of 1%. Notably, Bitcoin has recorded a loss of 1.17% within the past day with a trading volume of $28.01 Billion. Moreover, its dominance has dropped 0.7%, from 55.5% to 54.8% this week. Further, the Ethereum token …
According to whale tracking platform Lookonchain, a significant whale, identified as “12QVsf,” has withdrawn a substantial amount of Bitcoin from major exchanges, likely accumulating amidst an anticipation of higher prices ahead. It withdrew a total of 4,500 BTC, valued at approximately $302 million, from Binance within the last 22 hours. The whale “12QVsf” currently holds …
On Tuesday, July 30, Vice President Kamala Harris announced a staggering $50 million advertising push ahead of the Democratic National Convention (DNC). This marks the first significant ad campaign since Harris emerged as the likely Democratic nominee for the 2024 presidential election. The campaign fired back at former President Donald Trump’s 30-second ad that aimed …
The cryptocurrency market has recorded a strong bullish recovery over the past weekend by adding over $50 Billion to its valuation, from $2.42 Trillion to $2.47 Trillion. Following this, the market leader, Bitcoin price has gained 3.47% within the past 24 hours with a trading volume of $21.323 Billion. Notably, Bitcoin’s dominance in the market …
The post “The Next SEC Chair Must Be Named Before US Election”: Gemini Co-Founder appeared first on Coinpedia Fintech News
According to Tyler Winklevoss, the US government must ‘take action’ to inform the cryptocurrency industry, who will be leading the securities watchdog ahead of the US election. “We should demand to know, among other things, who the next chair of the SEC is before we head to the ballot box,” Winklevoss stated in a lengthy …
The post Ethereum ETF Experiences A Significant Outflow Despite Increased Inflows! appeared first on Coinpedia Fintech News
On 26th July, 5 out of 9 ETH ETFs recorded a positive inflow, with Blackrock’s “ETHA” recording the highest inflow with $87.2 Million, followed by Grayscale’s “ETH” with $44.9 Million, and Fidelity’s “FETH” with $39.3 Million. Bitwise and Franklin recorded an inflow of $16 Million and $6.2 Million. Notably, 21 Shares, Invesco, and VanEck have …
The post Marathon Digital Acquires $100M BTC, Declares Shift To HODL Strategy appeared first on Coinpedia Fintech News
In a significant move, Marathon Digital has announced a $100 million Bitcoin purchase, bringing its total holdings to over 20,000 BTC. The company has also declared a shift to a full HODL (Hold On for Dear Life) strategy for its Bitcoin treasury policy, effective immediately. Under this new approach, they will retain all Bitcoin mined …
The post Over 358,000 BTCs Transered In Permanent Accounts, Indicates Increasing Accumulation! appeared first on Coinpedia Fintech News
Notably, in a span of 30 days, over 358,000 Bitcoins (BTC) worth over $23 Billion have been shifted to permanent holder addresses. The recent buying spree has surpassed the previous accumulation periods during the past bull markets. With the price of Bitcoin hitting its all-time high (ATH) of $73,750.07 on 04th March this year, highlights …
The post Crypto ETFs Face $150.6M Outflow Despite Key Inflows appeared first on Coinpedia Fintech News
Crypto ETFs experienced significant movements, with Fidelity’s FETH gaining $74 million and the other five ETH ETFs sustaining positive inflows amounting to almost $100 million. However, Grayscale also reported a substantial $320 million outflow, leading to a total daily net outflow of $150.6 million. The cumulative net inflow stands at—$43.82 million. Total net assets in …
The post Swiss Banks Step In To Offer Innovative Solutions For Crypto Payments appeared first on Coinpedia Fintech News
Swiss banks are stepping in to offer innovative solutions for real-time crypto payments. Swiss banking giants, particularly AMINA Bank AG and Sygnum Bank AG, have recently introduced real-time payment and settlement systems. These initiatives aim to address the market’s struggles following the failures of the Silvergate Exchange Network (SEN) and Signature Bank’s Signet platform. Their …
The post Massive Inflows In US Spot Bitcoin ETF Before Ethereum ETF Starts Trading appeared first on Coinpedia Fintech News
On July 22, the crypto market saw a notable $533.57M net inflow, the highest since June 4th. This boosts the cumulative total net inflow to $17.59B. Total net assets now stand at $62.14B, equating to 4.63% of Bitcoin’s market cap. Key fund movements included IBIT adding $526M, FBTC increasing by $23.72M, and VanEck’s HODL fund …
The post Nvidia Stock Surges After Musk Spotlights Latest AI Milestone appeared first on Coinpedia Fintech News
Elon Musk celebrated the initiation of training for xAI’s Memphis Supercluster in an X post. Elon Musk lauded Nvidia for the support extended toward this milestone. Following this, the Nvidia stock rose by 2.26% to $120.58 in the pre-market session. The Memphis Supercluster, a massive computing facility equipped with 100,000 of Nvidia’s H100 GPUs, is …
The post Real Bedford FC Acquires $4.5 Million in Bitcoin appeared first on Coinpedia Fintech News
Peter McCormack, the club’s founder and a prominent crypto podcaster, revealed that Real Bedford FC (RBFC) acquired 66.9 Bitcoins worth $4.5 million. RBFC now holds 82.7 Bitcoins, valued at $5.37 million, purchased at an average price of $64,925 per Bitcoin. Further, McCormack stated that 15.8 Bitcoin is allocated for football-related expenses, while the remaining balance …
The post Solana Skyrockets 20% Over A Week, Potential Bull Run Upcoming? appeared first on Coinpedia Fintech News
Solana has witnessed a significant increase, rising over 20% over the last week. Since mid-April, it has traded within a broad range, finding support at $115 and facing resistance at $188. Crypto analyst Ali Martinez highlights that Solana is forming a W pattern, suggesting a potential bull run. The pattern indicates the price bottomed out …
The post WazirX Launches Bounty Program To Recover Stolen Assets Amounting $234M appeared first on Coinpedia Fintech News
WazirX has announced the launch of a bounty program to freeze and recover stolen assets. The exchange is reaching out to over 500 exchanges to block the identified addresses associated with the stolen funds. The team is also in discussions with several expert groups that specialize in tracking cryptocurrency transactions. It is currently analyzing data …
The post Shiba Inu Upcoming Project Significant For SHIB, Shibarium, and BONE! appeared first on Coinpedia Fintech News
The Shiba Inu marketing lead, in an X post, highlighted that the upcoming play-to-earn (P2E) game represents a significant milestone for Shiba Inu’s blockchain, Shibarium, and two ecosystem tokens – SHIB and BONE. Shiba Eternity will be their first game to fully run on Shibarium. The game will utilize BONE for transactions on the blockchain, …
The post BlackRock’s “IBIT” Records Over $100 Million For 5th Day, BitcoinETF Inflow Streak Continues! appeared first on Coinpedia Fintech News
The BitcoinETF has successfully recorded a positive net inflow for the 10th consecutive day with a total inflow of $84.80 Million yesterday. With an inflow of $102.70 Million, BlackRock’s “IBIT” has recorded an inflow of over $100 Million for the fifth consecutive day. Followed by this, Fidelity’s “FBTC” has added $2.80 Million and VanEck’s “HODL” …
The post Bitcoin Experiences A Pullback To $64K, As Crypto Market Records A Negative Price Action! appeared first on Coinpedia Fintech News
With a drop of approximately $20 Billion within the past 24 hours, the cryptocurrency market is presently valued at $2.35 Trillion, a drop of 0.61%. Moreover, the market leader, BTC price has recorded a 24-hour low of $63,237.75 with a trading volume of $26.519 Billion. On the other hand, the Ethereum price has displayed a …
The post XRP Whales Buy The Dip; 139M XRP Accumulated From Major Exchanges appeared first on Coinpedia Fintech News
According to Whale Alert’s insights on X, six whale transactions collectively resulted in the accumulation of 139 million XRP in the past 24 hours. This has ignited market optimism, amidst a pullback in Ripple’s coin’s price. The renowned address ‘rarG6’ was again recorded to have bagged 47.36 million coins from Binance, the address rDqnm accumulated …
The post Mt. Gox Creditors Alarmed By Unauthorised Login Attempts On Accounts appeared first on Coinpedia Fintech News
Mt. Gox creditors are on high alert after a series of unauthorized login attempts on their accounts sparked fears of a potential brute-force attack, which has led to the website going offline for maintenance. In the past 24 hours, the Mt. Gox creditor subreddit has been flooded with reports of unusual login activities. On the …
The post WazirX Hack : $235 Million Stolen in Major Cyberattack appeared first on Coinpedia Fintech News
Cyvers Alerts took to X and stated that the firm has detected “multiple suspicious transactions” involving WazirX’s Safe Multisig wallet on Ethereum. According to the post, a total of $234.9M of funds have been moved to a new address and each transaction’s caller is funded by TornadoCash. The suspicious address has already swapped Pepe (PEPE), …
The post Dogecoin Derivatives Volume Surges over 90% Amid DOGE ETF Speculation appeared first on Coinpedia Fintech News
Dogecoin is witnessing an epic surge in trading activity as the volume of derivatives on DOGE has increased by more than 90% in the last 24 hours. The turnover of Dogecoin perpetual futures has reached the $1.69 billion mark, almost doubling from the day before. Furthermore, the volume of DOGE trading on the spot market …
The post Metaplanet’s Stock Soaring Over 25% Following BTC Purchase appeared first on Coinpedia Fintech News
Japan’s Metaplanet has continued with its Bitcoin accumulation spree, buying an additional 21.88 BTC earlier today for an estimated $1.26 million in total investments. This development follows Bitcoin’s price surge by an additional 4.5% on Monday, moving closer to $65,000. Following today’s purchase, Metaplanet’s total Bitcoin holdings have surged past 225 BTC, valued at $14.55 …
The post Ripple Donates $1 Million To Super PAC Commonwealth Unity Fund, Targeting Senator Warren appeared first on Coinpedia Fintech News
Ripple has donated $1 million to the super PAC Commonwealth Unity Fund, established by James Murphy. This super political action committee was set up this year to unseat anti-crypto Senator Elizabeth Warren and elect John Deaton in the Senate race. He also requested the crypto community to contribute to the Commonwealth Unity Fund and support …
The post Whale Transaction Alert: Nascent Swaps $3.41 Million Worth Of MKR For PEPE And LDO! appeared first on Coinpedia Fintech News
Nascent has recently deposited 1,215 MKR tokens worth $3.41 Million to Binance. They then withdrew 141.23 Billion Pepe memecoins worth $1.57 Million and 281,000 LDO tokens worth $503,000. Nascent further withdrew 3.4 Million USDT from Binance. Reportedly, they currently hold 608.85 Billion Pepe tokens worth approximately $7.5 Million.
The post BlackRock CEO Praises BTC As An Asset Class, Calls It A Legitimate Financial Instrument appeared first on Coinpedia Fintech News
BlackRock CEO, Larry Fink has showered praises on Bitcoin as an asset class highlighting its positives. In a recent interview with CNBC, Larry Fink restated his belief in the crypto market leader. He stated that ‘it is a legitimate financial instrument, that allows you to have non-correlated type of returns, an instrument that you invest …
The post Genesis Trading Transfers More Bitcoin To Coinbase, Can It Impact Bitcoin Recovery? appeared first on Coinpedia Fintech News
Genesis Trading has transferred 600 BTC to Coinbase, valued at approximately $37.72 million. As a part of its ongoing bankruptcy liquidation procedures, Genesis Trading continues to liquidate substantial Bitcoin holdings. The latest move is part of a larger trend observed over the past month, during which Genesis Trading has moved more than 12,000 BTC to …
The post Judge Drops Classified Document Case Against Trump Ahead of Bitcoin Conference appeared first on Coinpedia Fintech News
A Florida judge has thrown out the classified documents case against former President Donald Trump, arguing that the special counsel, Jack Smith, was appointed unlawfully. The decision is a legal victory for Trump, as his lawyers had argued that the appointment of Smith by the Attorney General without the approval of the Senate was unlawful. …
The post Ethereum Whale Transfers 10,654 ETH Amid Bullish Recovery appeared first on Coinpedia Fintech News
During the ongoing bullish recovery, a significant whale transfer has been recorded. A whale moved 10,654 ETH (worth $35,404,511) from an unknown wallet to Coinbase. Ethereum is currently trading at $3,326, showing an intraday increase of 2.49% and marking its 8th consecutive green candle. Additionally, $21.72 million in short liquidations occurred over the past 24 …
The post German Government Moves The Last 3846 BTC To Flow Traders appeared first on Coinpedia Fintech News
Germany has sold off more than 46,000 BTC before today. In the latest update, the last 3846 Bitcoins worth $223.81 million were moved to Flow traders and 139Po. The German government now has 0 Bitcoins remaining. The weeks-long selloff of the Bitcoin in the account has triggered multiple crypto market downtrends which largely kept the …