Top Polymarket whale profits $20M from Trump victory

Brazilian police have arrested a man for operating a clandestine drug laboratory and using the leading cryptocurrency bitcoin (BTC) to launder the proceeds, Cointelegraph Brasil reported on April 24.The State Department of Drug Trafficking (Denarc) in Porto Alegre, Rio Grande do Sul, reportedly located a clandestine bitcoin mining laboratory in a small house while chasing…

Estonia has withdrawn permits from one thousand crypto companies this year. 2154 Total views 5 Total shares One of the countries lauded as being among the most crypto friendly in the European Union revoked the licenses of more than 1,000 crypto firms in 2020. According to news outlet Postimees, Estonia’s Financial Intelligence Unit, or FIU, has…

As staying home becomes the new normal, the popular video conferencing app Zoom continues to flourish. Despite multiple privacy concerns, on April 21, it was reported that more than 300 million people used Zoom’s flagship video conferencing app.It’s clear that Zoom still reigns supreme during the coronavirus pandemic, even as Facebook, Google and other tech…

Fidelity’s Wise Origin Bitcoin Trust and the First Trust SkyBridge Bitcoin ETF are now under review by regulators, according to paperwork filed earlier this month. 1205 Total views 2 Total shares A pair of Bitcoin (BTC) ETF applications submitted by Fidelity Investments and SkyBridge Capital are under official review by the United States Securities and…

Institutional inflows have declined 59% this past week, but AUM is at an all-time high. 2235 Total views 18 Total shares According to digital asset investment manager, CoinShares, institutional demand in the U.S. has declined slightly however European funds are still buying.According to Coinshares’ March 22 Fund Flows Weekly report, combined flows into institutional crypto…

Bitcoin (BTC) has given back some of its recent gains, but on-chain data resource Ecoinometrics said that whales are accumulating because they believe the price is attractive from a long-term perspective.On the downside, analyst Willy Woo believes that $33,000 is a strong bottom for Bitcoin. Popular Twitter trader Credible Crypto citing data from PlanC said that…

A report published by CoinMetrics has found extreme wealth centralization among many top stablecoins, with at least 80% of the total capitalization for five top stable tokens being held in less than six accounts.CoinMetrics found that most at least 20% of transfers made using most stablecoins are valued at less than $100, showing significant stable…