Bitcoin falls below $63K after BTC whale transactions drop 42%
Bitcoin transactions worth $100,000 or above have significantly fallen over the past two days. Meanwhile, Bitcoin has retraced below $63,000.
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Bitcoin price risks $23K rerun as Coinbase stock falls over Silvergate
Bitcoin (BTC) erased early-month gains on March 2 as fresh market uncertainty erupted over solvency of crypto bank Silvergate.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price avoids Silvergate, Coinbase stock slipData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $23,206 on Bitstamp, down around 1.5% on the day.The pair came under pressure as rumors swirled…

OlympusDAO developer launches protocol enabling one-to-one stablecoin swaps
Developer 'Ohmzeus' has launched a new protocol allowing stablecoins to swapped at fixed price of exactly one-to-one. 556 Total views 5 Total shares A developer working on DeFi darling OlympusDAO has launched a new protocol that seeks to facilitate stablecoin swaps without price curves.On Oct. 26, OlympusDAO developer “Ohmzeus” announced they had launched an experimental…

Blockchain fintech GammaRey signs $320M merger agreement
GammaRey said it has nearly $800 million in consumer assets. 385 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTAccording to an announcement on Jan.3, blockchain fintech firm GammaRey signed a merger agreement with financial e-commerce and consumer data analytics company GoLogiq. Both companies are based in the U.S.,…

5,000 BTC Missing, and Other Details of the Winklevii vs. Shrem Case
On November 2, details of a crypto lawsuit featuring major industry players: Bitcoin Foundation founder Charlie Shrem on one side, and the Winklevoss twins on the other, were made public. The case alleges that Shrem “stole” around 5,000 Bitcoin (BTC) from Tyler and Cameron Winklevoss in 2012.Brief introduction to both sides of the conflictCharlie ShremCharlie…

Wealth advisers adopting BTC ETFs faster than any in history: Bitwise CIO
The CIO rebutted a more bearish take by investment researcher Jim Bianco, who noted that 85% of Bitcoin ETF uptake “is NOT from tradfi institutions.”

Cointelegraph Youtube Hosts Review COVID-19 and Bitcoin Memes
Are you bored sitting at home in quarantine while the COVID-19 pandemic is raging outside? Feeling depressed from the latest crypto market crash? Afraid that the world might be ending?Don’t worry! Cointelegraph Youtube hosts, Jackson and Giovanni, collected the best memes on coronavirus and Bitcoin to lift up your mood.Any moment of global crisis is…

Bitcoin sellers tap out, clearing the path for a fresh run at new all-time highs
Bitcoin (BTC) price has rebounded by over 11% from the April. 7 low of $74,400, and analysts believe that onchain and technical indicators point to a sustained recovery. According to popular analyst AlphaBTC, Bitcoin will see a sustained recovery if it holds above $81,500. Bitcoin price reclaimed the $80,000 psychological level after retesting the “weekly

Why approving a Bitcoin ETF might unleash $18 billion in sell-pressure
The introduction of a spot-based Bitcoin (BTC) exchange-traded fund (ETF) would make the asset more accessible to individual investors and mutual funds. What's more, unlike a futures-based Bitcoin ETF, a spot-based ETF involves actually buying BTC. So will the approval of the first Bitcoin ETF be a bullish event? Not necessarily. GBTC 'discount' remains in…