Recently, the German authorities liquidated Bitcoin valued at about $3 billion. From June 19 to July 12, the German government sold 49,858 BTC tokens for approximately €2.6 billion, or $2.9 billion. Regarded as an “emergency” measure, the sales had a connection to a continuing criminal probe. But both politicians and business executives have expressed strong […]
Ethereum (ETH) may be poised for a significant rally as the price has continued to demonstrate strong resilience above its bullish trendline. ETH’s ability to sustain its position above the trendline after a successful breakthrough suggests that a decisive move toward the $3,659 mark could be on the horizon. Therefore, traders and investors are on […]
Since last weekend, the price of bitcoin (BTC) has rallied significantly, signaling that the crypto asset may have bottomed out. Bitcoin has recovered to a high of $67,000, although it was hovering around $64,000 at the time of writing. This comes after holders realized their largest losses so far in 2024. CryptoQuant analysts said on-chain […]
TLDR Polygon will migrate from MATIC to POL tokens on September 4, 2024. The upgrade is part of Polygon’s 2.0 roadmap to enhance its layer 2 ecosystem. POL will become the native gas and staking token for Polygon PoS. MATIC holders on Polygon PoS will be automatically upgraded to POL. Users on other platforms may […]
Alvin Lang Jul 20, 2024 04:46 Ripple (XRP) aims to revolutionize financial services using blockchain and digital assets, focusing on institutional DeFi, cross-border payments, and stablecoins. Ripple (XRP), a pioneer in blockchain technology, is making significant strides in transforming the financial infrastructure by leveraging blockchain and digital […]
Dogecoin has reversed over 50% of its gains earlier in the week as investors look to be taking profits. DOGE whales, on the other hand, are going against the profit taking trend to increase their holdings. This whale accumulation was noted on social media platform X by crypto analyst Ali Martinez. According to Santiment data […]
TL;DR Binance introduced a special initiative, where eligible meme coin traders join teams to complete missions and accumulate points for rewards. The company has supported numerous meme coins in the past several months, adding certain trading pairs to its platform. ‘Battle of the Meme’ The world’s largest cryptocurrency exchange – Binance – introduced an interesting […]
Peter Schiff, Global Strategist at Europac, has said again that he doesn’t think Bitcoin will have a bright future in the current battle between gold and Bitcoin. Schiff has always been supportive of gold. He talked about the recent rise in the price of the precious metal and said that it has now reached a […]
DeFi Technologies (DEFTF) – a rising Canadian fintech company – has acquired another large batch of Bitcoin (BTC) after making the asset a core part of its treasury strategy last month. The company announced Thursday that it had purchased another 94.34 BTC for its balance sheet, adding to the 110 BTC it first acquired in […]
Key points: Tornado Cash has seen a resurgence in 2024, with $1.9 billion in deposits in the first half of the year. This increase comes despite ongoing US sanctions and legal issues for its founders. Hackers continue to use Tornado Cash to launder stolen funds from various crypto exploits. WazirX, an Indian crypto exchange, recently […]
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