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How to transfer $1 billion for basically free: Bitcoin whale watching

At just 15 sats/vByte, a Bitcoin user is demonstrating just how cheap it is to send vast sums of money across the internet. Billionaires, take note. It’s one million times cheaper to send huge sums of money on the Bitcoin (BTC) blockchain. A Bitcoin user sent over 50,562 BTC ($1 billion) to an address on […]

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Dogecoin trader explains why shorting DOGE now makes sense

The independent market analyst will short Dogecoin even more if Elon Musk goes ahead with his plans to add DOGE payments to Twitter. Dogecoin (DOGE) has surged nearly 100% quarter-to-date (QTD) on hopes that Elon Musk would integrate the token onto the Twitter platform. However, DOGE’s potential to continue its uptrend in the coming weeks […]

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Why Ethereum Would Have Been A Better Investment For MicroStrategy

The debate of which is the better investment between Bitcoin and Ethereum continues to wax strong between communities. This time around, it is being put to the test using MicroStrategy’s crypto investments over the years. Microstrategy is currently seeing a loss on the 130,000 BTC that it had purchased over the years, making it the […]

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Bitcoin Price Retakes $21,000 And May Keep Rising Due To These Factors

The Bitcoin price is regaining bullish momentum over today’s trading session, retracing the losses seen early in the week. Once again, the cryptocurrency is under the influence of macroeconomic forces working in its favor for the first time in months. At the time of writing, the Bitcoin price trades at $21,000 with a 4% profit […]

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Biggest Movers: MATIC Moves to 6-Month High, ATOM up 10%

Polygon rose for a second consecutive session on Friday, climbing by as much as 20%. This surge pushed prices of the token to their highest level since May. Cosmos was another big gainer on Friday, with prices rallying to a five-week high. Overall, the cryptocurrency global market cap is now trading 2.64% higher. Polygon (MATIC) […]

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Why are institutions accumulating crypto in 2022? Fidelity researcher explains

Institutional involvement in crypto, especially in Ethereum, has increased in 2022 despite the bear market, according to the latest findings of a Fidelity Digital Assets survey. Institutions’ investment in crypto has increased in 2022 despite the bear market, according to a recent survey by Fidelity Digital Assets. In particular, the amount of large investors betting on […]

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Bitcoin sets new 7-week high as BTC price jumps past $21K on US jobs

Just like that, BTC price action marks its highest levels since mid-September as U.S. unemployment data hints Fed rate hikes are working. Bitcoin (BTC) passed $21,000 at the Nov. 4 Wall Street open as bulls tackled a formidable sell wall. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Sellers move aside for new multi-week highs Data […]

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Cardano (ADA) Investors Watch For Nov. 18, Hoskinson Teases Announcement

Cardano (ADA) has fallen short of many investors’ expectations in recent weeks. Unlike numerous other altcoins, ADA is currently in a prolonged downtrend. In the 1-day chart, the price is currently below both the 100 and 200-day moving averages. Cardano trending to the downside. Source: TradingView However, IOG CEO Charles Hoskinson might have given ADA […]

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WhatsApp crash: Are decentralized blockchain messengers a real alternative?

Centralized communication apps share one crucial feature: They crash often. Cointelegraph investigates to see if decentralization can offer a solution. Since the introduction of ICQ — the progenitor of online chat applications — the expectation from instant messaging (IM) services has never changed. Users simply want them to work, which apparently turned into a tall […]

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Elrond rebrands as MultiversX, shifts focus to the metaverse

The blockchain developer announced it will transform into MultiversX, as it shifts focus on metaverse development and introduces three new products. The blockchain technology developer Elrond announced it will redefine itself as a new brand with a focus on the metaverse. Formerly known as Elrond, the company will move forward under the new name MultiversX […]

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Uzbekistan Unblocks Popular Russian Crypto Exchange Aggregator

The government body overseeing the crypto market in Uzbekistan has restored access to Bestchange.ru, a well-known exchange aggregator in the region. The move comes after earlier this year the regulator blocked a number of coin trading platforms, including Binance. Residents of Uzbekistan Can Again Use the Services of Bestchange.ru Uzbekistan’s National Agency of Perspective Projects […]

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Polygon (MATIC) Price Rallies As Whales Supply The Fuel

Polygon (MATIC) is one of the biggest winners in the crypto market today, with a 15% price increase over the last 24 hours. As NewsBTC reported yesterday, MATIC gave a golden cross signal on the daily chart a few days ago. The last time MATICUSD posted this significant trading signal on the daily chart, the […]

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Elon Musk faces class-action suit over mass Twitter layoffs

Elon Musk previously won a similar class-action lawsuit brought by Tesla employees, calling the case “trivial.” Amid Twitter beginning mass layoffs, the company employees are launching a class-action lawsuit against the new Twitter CEO, Elon Musk. According to multiple sources, Musk started massive layoffs at Twitter on Nov. 4, reducing the company’s workforce of 7,500 […]

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Immunefi launches scoring system for Web3’s elite white hats

The top 10 white hats in Immunefi’s community have generated over $42 million in total earnings since 2020 by disclosing critical vulnerabilities. Bug bounty platform Immunefi has released its Whitehat Leaderboard — a scoring system that showcases the top 20 most elite white hats in Web3. The rank will measure a given white hat’s skills […]

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Mapping out SevenX Ventures Investment Portfolio

SevenX Ventures, a crypto investment fund focused on early-stage blockchain projects in Asia, has built over 80 public investment portfolios. The three co-founders, industry veterans, have built portfolios in DeFi, NFT, GameFi, and beyond. Since its launch in 2020, SevenX Ventures has advocated for immersive investing – going beyond financial support to assist funded projects […]

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Bitcoin bulls face $21K sellers as BTC price wipes out Fed FOMC losses

$21,000 is looking tricky as sell orders mount, while buy walls dry up, taking potential support with them. Bitcoin (BTC) headed toward $21,000 on Nov. 4 as bulls attempted to reclaim lost ground. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it rose overnight to put […]

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IRS prepares for an increase in crypto cases in the upcoming tax season

The criminal investigation division of the IRS says it is preparing hundreds of crypto-related cases for the upcoming tax season. The United States Internal Revenue Service (IRS) criminal investigation division is ramping up for tax season with its sights set on the crypto community. According to a report from Bloomberg Law, the division chief Jim […]

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Circle starts pouring money into its Reserve Fund, aims to fill it in 2023

The Circle Reserve Fund is managed by BlackRock under the custody of Bank of New York Mellon. Circle, the issuer behind USD Coin (UDSC), announced that it has now begun to invest part of its funds in Circle Reserve Fund, created earlier in a partnership with the world’s largest asset manager, BlackRock. The move came as […]

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XRP Price Spikes 10% and Could Extend Rally To $0.55 or Higher

Ripple started a strong increase above the $0.460 resistance against the US Dollar. XRP price broke many hurdles near $0.478 and might rise further towards $0.55. Ripple started a fresh increase from the key $0.442 support zone against the US dollar. The price is now trading nicely above $0.480 and the 100 simple moving average […]

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Ethereum Price Just Reversed and $1,700 is Imminent, Here’s Why

Ethereum remained well bid above the $1,500 level against the US Dollar. ETH is rising and might soon clear the $1,600 resistance zone. Ethereum tested the $1,500 support zone and started a steady increase. The price is now trading above $1,560 and the 100 hourly simple moving average. There was a break above a crucial […]

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Polygon (MATIC) Shows Why It Is A Force On Chart And On-Chain

MATIC rallies with high volume as price breaks above $1 after a while as bulls eyes $1.3.  MATIC’s price, both on chart and on-chain, shows how it has had a fair share of the bear market and would continue to bloom. DOGE’s price remains strong on the daily timeframes as the price trades above the […]

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Polygon (MATIC) Among Top Performers, Can It Sustain The Rally?

Popular Ethereum layer-2 token MATIC has surged over 17% in the last 24 hours, leading the crypto market in gains. Its price jumped from the previous day’s low of $0.815 to a local high of above $1. However, the price succeeded in breaking through the $1 barrier, settling at $1.13 at press time. MATIC’s price […]

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Moonvember kicks off with sweeping staff layoffs across crypto

There are still pockets of hope, however, with some companies looking to expand despite the market conditions. The crypto and tech industry has seen a slew of staff cuts this week against a backdrop of difficult market conditions, though on a positive note, some are bucking the trend. Crypto companies, including crypto exchanges, venture capital […]

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Bakkt Acquires Turnkey Platform Apex Crypto to Bolster Digital Asset Footprint

Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech Solutions. Bakkt detailed that the acquisition of the turnkey crypto platform aims to “bolster Bakkt’s cryptocurrency product offering and expand its footprint into additional client verticals.” Bakkt to Expand Client Verticals With Different Offerings […]

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NFTs still in ‘great demand’ as unique traders rise 18% in Oct: DappRadar

A DappRadar report found that despite a fall in NFT trading volumes and sales counts throughout October, monthly unique traders increased. October may have seen a decline in nonfungible token (NFT) trading volume and sales, but analytics firm DappRadar says an 18% growth in monthly unique NFT traders shows the market is still in “great […]

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Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements

The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to include blockchain trading platforms. It also clarified certain reporting and identification requirements that apply to crypto transactions. Financial Authorities Adjust Swiss Anti-Money Laundering Rules Concerning Crypto Transfers Following consultations that started earlier this year, the Swiss Financial […]

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NFT Market Decline Leads To Dapper Labs Laying Off 22% Of The Staff

Crypto Firms such as Dapper Labs are currently feeling the heat of these markets’ downturn. As per a report, Dapper Labs has lost more than 90% of its NBA Top Shot sales volume dating from February 2021 till now. It appears that the drop in the prices of digital currencies is not the only aspect […]

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Litecoin Price Soars After DOGE Marks Historic Growth

Santiment reported that Litecoin is temporarily decoupled from the crypto pack. Furthermore, whale addresses with over 1,000 LTC increased rapidly from the middle of June. The LTC/BTC pair gained over 51% since June 12. Memecoins have been in the limelight since last week after Musk Completed the Twitter acquisition. Among the memecoins, Dogecoin had the […]

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JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain

JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized finance (defi), tokenized deposits, and verifiable credentials under the supervision of the Monetary Authority of Singapore (MAS). Singapore’s central bank is planning two more pilots that involve Standard Chartered Bank, HSBC, and UOB. JPMorgan, DBS […]

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Dogecoin Crosses A 200-Day Moving Average Since June 2021

Although Dogecoin lost much of its value in 2018, it still has supporters who trade it. The majority are using it for content on Twitter and Reddit. Dogecoin is based on the dog meme. Elon Musk continually supports the memecoin, thereby affecting its prices always. The complete official acquisition of Twitter inspired a massive price […]

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You have our swords: 12 independent entities pledge legal support for Ripple

The evidence is mounting as “friends of the court” line up in support of Ripple Labs. Fintech firm Ripple is garnering more support from the crypto and finance industry in its ongoing battle with the United States Securities and Exchange Commission (SEC). On Nov. 4, Ripple chief executive Brad Garlinghouse proudly tweeted that the number […]

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South Korean prosecutors accuse Do Kwon of manipulating Terra’s price

Prosecutors have reportedly secured a “messenger conversation” in which Kwon ordered an employee to manipulate Terra’s market price. A local report from South Korea claims that the country’s prosecutors have obtained evidence to suggest Terraform Labs co-founder Do Kwon had onceordered an employee to manipulate the price of Terra Luna Classic (LUNC). A report by […]

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