Two Bitcoin whales buy $142M BTC after Trump’s win

The price of Bitcoin (BTC) rose to as high as $9,620 on May 28 ahead of the CME futures market’s monthly close. Market data shows the rally of BTC — the biggest cryptocurrency by market capitalization — was primarily caused by the futures market. Historically, a futures-led rally leaves the top cryptocurrency vulnerable to a…

A German collective launched a massive campaign to incentivize people to disseminate stickers with positive crypto messages. 268 Total views 11 Total shares Ideas Are Like Flames, a collective based in Germany, launched a campaign to dismantle misconceptions regarding Bitcoin (BTC). The group has incentivized people to place Bitcoin-related stickers in cities around the world.According…

The Crypto Council for Innovation is looking to lead the charge for sensible cryptocurrency regulations around the world. 1435 Total views 14 Total shares Major stakeholders in the cryptocurrency scene, like Coinbase and Square, have formed an alliance to better relate with policymakers and regulators on the subject of crypto regulations. They are joined by other…

The Bitcoin lender has sought advice from Citigroup on how to acquire distressed crypto firms amid the bear market. 394 Total views 13 Total shares Crypto lending platform Nexo has increased the size of its buyback program, giving the company more discretionary ability to repurchase its native token to boost interest payments or make strategic…

After close to a month of consulting with industry experts and journalists within Cointelegraph and without, we’re proud to unveil a new segment for Finance Redefined, a.k.a. the premier DeFi industry newsletter: on-chain analysis. Reporters will often look to public records to bolster stories, and the blockchain is no different. Everything from analyzing the wallet of…

Ethereum validators will soon be able to withdraw their Ether (ETH) from the Beacon Chain, with the Shapella hard fork set to be activated on the Ethereum mainnet on April 12.Shapella will take effect at epoch 194,048, which is scheduled for 10:27 pm UTC on April 12, Ethereum core developers confirmed.The withdrawals will be enabled…

In a bear market, the sentiment is most bearish right at the bottom of the trend. The entire heard says to sell. Short sellers laugh away to the bank and many analysts call for a further fall. With majority of the news being negative, it sounds logically correct.However, when the downtrend enters a capitulation, it…

Binance, one of the world's largest cryptocurrency exchanges, experienced a “large scale” data breach on May 7. The hackers reportedly stole around 7,000 Bitcoin (BTC), worth more than $40 million as of press time.As the platform explained via a public statement, the fraudsters had managed to steal users’ application programming interface (API) keys, two-factor authentication…

Crypto represents a sound investment for institutional investors in the long term, consultancy firm Cambridge Associates has advised, according to a Bloomberg report on Feb. 18.Boston-based Cambridge Associates, which specializes in pension and endowment consultancy, reportedly works with institutions that collectively advise over $300 billion, with $30 million under management. In a research note published…