German gov’t was rushing to sell Bitcoin to maximize liquidity: Arkham CEO

July 17, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Using five different crypto exchanges suggests that the wallet sought to maximize liquidity on each order book and sell Bitcoin as soon as possible.

Bitcoin's 51.4% crash in March 2020 was the most horrific 24-hour black swan event in the digital asset's history. The recent price activity of the past week has probably resurrected similar emotions for investors who experienced the Black Thursday crash. Over the past week, Bitcoin's (BTC) price dropped 29% to reach a three-month low at $42,150.…

Unfazed by SEC tumult, top banks work to make blockchains interoperable

Amid all the tumult in the crypto world, some of the world’s largest banks have been quietly reflecting on ways to bring digital assets to institutional customers. And last week, a plan emerged.A collaboration, under the guidance of the Society for Worldwide Interbank Financial Telecommunication, better known as Swift — the global financial communication and…

Trump dump: Crypto liquidations hit $350M as Bitcoin dropped below $69K

Donald Trump’s winning odds lead on Polymarket have significantly narrowed, and Bitcoin's little price dump caused big liquidations.

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PayPal’s PYUSD stablecoin hits $1B market cap

PYUSD is competing with rivals such as Circle’s USDC and Tether’s USDT.

A Birthday Look: 5 Years of Ethereum Network Updates, Delays and Changes

Five years ago to the month, a massive crypto project launched, forever changing the landscape of the crypto and blockchain space. Since its 2015 opening day in July, Ethereum has undergone a number of planned changes. The project’s recent move into proof-of-stake, or PoS, has faced a number of delays. Ethereum launches in 2015On July 28,…

Blockchain Is Evolving Like the Internet: Who Will Be the Crypto Hotmail?

The internet started its life over 30 years ago, and since then, it has penetrated almost every aspect of our lives. Today, it underpins virtually everything we do. In fact, it’s difficult to imagine our lives without it. The march of technology continues, and we have reached a crossroads. A different technology evolution that I…

Do Kwon in US custody, South Korean president impeached: Law Decoded

Do Kwon, Terraform Labs co-founder, was extradited to the US by Montenegro, bypassing South Korea’s petition.

Bakkt CEO Kelly Loeffler Appointed to US Senate Seat

Georgia Governor Brian Kemp has appointed Kelly Loeffler, CEO of institutional Bitcoin (BTC) futures platform Bakkt, to a United States Senate seat.With the appointment, Loeffler will replace Sen. Johnny Isakson (R-GA), who plans to retire at the end of the year, the Washington Post reported on Dec. 4. A person familiar with the matter, shared…

Crypto Mining Service Coinhive to Shut Down Operations in March

Cryptocurrency mining service Coinhive is shutting down, as the project has reportedly become economically inviable. The team behind Coinhive announced the news in a blog post on Feb. 26.Per the announcement, the mining service will stop its operations on March 8, 2019, while users’ dashboards will be accessible until April 30, 2019. Among the reasons…

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