‘Giant buy’ signal? Crypto whales transfer $1.3B to Coinbase

Bitcoin (BTC) crossed the $10,000 mark for swathes of institutional investors this week as markets looked increasingly likely to surge higher still.Bitcoin 7-day price chart. Source: Coin360CME reaches $10K per BitcoinData from CME Group’s Bitcoin futures shows the implied price of Bitcoin reaching the symbolic five figures on Feb. 6. Since then, a slight correction has…

Renowned trial attorney Brian Klein has revealed he will represent Virgil Griffith, the developer recently arrested for participating in a blockchain conference in North Korea.In a tweet posted on Dec. 3, Klein stated that his client disputes the “untested allegations in the criminal complaint” and had been temporarily released from jail pending his trial.Klein: Griffith…

Investing app, Invstr, launched a cryptocurrency index for their platform. The index will allow investors to follow the cryptocurrency markets according to an article posted on news outlet Finextra on Feb 6.Invstr’s crypto index will allow users to be able to track price fluctuations of the crypto market and make price comparisons of specific cryptocurrencies…

George Ball, who serves as Chairman of Sanders Morris Harris, believes cryptocurrencies like Bitcoin are an “attractive” part of a well-balanced portfolio. 2075 Total views 18 Total shares Financial industry veteran George Ball believes investors would be prudent to allocate a “small part” of their portfolio to cryptocurrencies — marking a major departure from his…

The Sandbox launched a metaverse accelerator program aimed at developing potential startups. 366 Total views 3 Total shares Virtual world project The Sandbox announced its metaverse accelerator program that will push the development of the open metaverse by investing $50 million in startups. The Animoca Brands subsidiary is partnering with the venture accelerator firm Brinc…

According to Chainalysis, “Reports that the funds stolen from FTX were actually sent to the Securities Commission of The Bahamas are incorrect.” 579 Total views 5 Total shares According to blockchain analysis company Chainalysis, funds stolen from the FTX crypto exchange are now being converted from ETH into Bitcoin. On Nov. 20, Chainalysis took to…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Barclays internet analyst Ross Sandler believes that a cryptocurrency by Facebook…

The Federal Reserve established a funding program for banks, making $25 billion available to eligible firms in a bid to avoid further banking liquidity issues. 4612 Total views 36 Total shares Own this piece of history Collect this article as an NFTHot on the heels of several United States bank collapses, the Federal Reserve Board…

The expanded export controls of AI semiconductor chips include a new performance threshold, licensing requirements expansions and a notification requirement, among others. The United States Department of Commerce’s Bureau of Industry and Security (BIS) released a notice on Oct. 17 expanding the already existing export controls of artificial intelligence (AI) chips to China. The BIS wrote