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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Binance Labs says new AI investments will support wave of AI-powered DApps
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Top 5 cryptocurrencies to watch this week: BTC, ETH, XRP, XMR, UNI
Bitcoin (BTC) has long been touted as digital gold by crypto enthusiasts. Now as the digital asset faces its first economic crisis since its birth, Bitcoin has validated the narrative and outperformed gold by a large margin in 2020. This suggests two important things, Bitcoin is here to stay and it is a better bet…
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Tether attestation shows cash and cash equivalents of 86% as loans decline
Tether’s newest reserve attestation shows the highest-ever percentage of cash equivalents, with most reserves consisting of U.S. T-bills and repurchase agreements. 145 Total views 3 Total shares The reserves for stablecoin issuer Tether contained approximately 86% cash and cash equivalents as of September 30, according to a new attestation report from accounting firm BDO. This
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Bithumb owner arrested in South Korea over alleged embezzlement
The net is closing in on Bithumb executives as the suspected real owner of the exchange is arrested. 259 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe suspected real owner of South Korea’s largest crypto exchange Bithumb has been arrested on alleged embezzlement charges on Feb. 2…
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South Korean authorities seize $160M in assets tied to Terra employees: Report
Prosecutors reportedly took control of houses and properties in an attempt to prevent former Terra employees from disposing of assets potentially connected to criminal proceedings. 646 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe Seoul Southern District Prosecutor's Office has reportedly confiscated roughly $160 million worth of…
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XRP price soars to new highs after recent legal victories and relisting rumors
XRP price rallied more than 30% as retail traders rotate into "cheaper" altcoins and investor sentiment turns positive after Ripple's recent legal victories against the SEC. 1704 Total views 15 Total shares XRP price broke out to a new multiyear high on April 13 as a surge of trading volume in the early morning hours…
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Ethereum derivatives look bearish, but traders believe the ETH bottom is in
Ether (ETH) rallied 5.5% in the early hours of Nov. 29, reclaiming the critical $1,200 support. However, when analyzing a broader time frame, the 24% negative performance in the past 30 days significantly impacts investors' sentiment. Moreover, investors’ mood worsened after BlockFi filed for bankruptcy on Nov. 28.Newsflow remained negative after the United States Treasury…
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DeFi market has room for growth in Korea: 1inch co-founder — KBW 2022
1Inch plans to expand into a largely untapped Asian market, but a lack of DeFi knowledge is preventing mass adoption 112 Total views 2 Total shares Decentralized-finance (DeFi) aggregator 1inch Network has revealed plans to expand within the Asian market, according to its co-founder Sergej Kunz.Speaking to Cointelegraph during Korean Blockchain Week (KBW) 2022 on…