Policy • February 28, 2024 9:37 PM EST Posted 1 minute ago In ~ The U.S. government appears to have transferred approximately $922 million worth of Bitcoin from two cryptocurrency wallets that stored funds seized in the 2016 Bitfinex hack. data From Arkham Intelligence.one wallet The data shows that on Wednesday afternoon EST, the first transfer was 1 bitcoin ($60,200), followed by 2,817 bitcoins worth about $172.74 million to an unconfirmed address.Also on the same day another wallet 0.01 Bitcoin and 12,267 Bitcoin worth approximately $748.46 million were transferred. The total value of Bitcoin transferred from the two wallets reached…
Author: Crypto Flexs
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The CEO of Bitwise Asset Management expects the Bitcoin price to reach $250,000 sooner than most people imagine. Moreover, he believes that Bitcoin will erode the entire market for gold “sooner than people expect.” “The Bitcoin ETF was Bitcoin’s IPO moment,” he said. now (…)
Shiba Inu (SHIB) surged over $0.00001 due to factors such as increased burn rate, Shiba Inu ETF petition, and increased investor interest. A significant spike in burning rates has created optimistic sentiment in the ecosystem. The potential launch of an ETF has also boosted SHIB’s momentum, similar to how Bitcoin rose on news of the Spot Bitcoin ETF approval. Additionally, the increased public interest in SHIB suggests that traders are making more bullish bets on meme coins. The recent partnership with K9 Finance is expected to contribute to token burns and increased liquidity in the SHIB ecosystem. This article originally…
Crypto analyst Rager recently provided valuable insight to Bitcoin and Ethereum investors. imminent bull market. In his statement, he revealed the best time to go all-in on the two largest cryptocurrency tokens by market capitalization. Bitcoin and Ethereum. “The last golden opportunity of this cycle” Rager commented on X (formerly Twitter). post “The last good chance of this cycle” bitcoin halving. In line with this, he also stated that he is still holding the position and waiting for “BTC and ETH to fall.” predict This will happen between now and May. In Rager’s opinion, this “good pullback” presents the perfect…
Discover the ultimate guide to BiosCrypto: the next big thing in cryptocurrency! Cryptocurrencies have taken the financial world by storm, with Bitcoin leading the way as the most popular and widely used digital currency. However, there are many new and exciting cryptocurrencies emerging on the market, and BiosCrypto is one of the most talked about options. What is BiosCrypto? BiosCrypto is a revolutionary new cryptocurrency that aims to combine the benefits of blockchain technology with the power of biological data. BiosCrypto leverages the potential of biometric and genomic information to provide a unique and secure way to transact online. Key…
XRP price is gaining momentum above the $0.550 resistance level. The bulls appear to be targeting a move above the $0.60 and $0.62 resistance levels. XRP started a new rise above the $0.550 resistance level. The price is currently trading above $0.575 and the 100 simple moving average (4-hours). On the 4-hours chart of the XRP/USD pair (data source from Kraken), a breakout occurred above the main contraction triangle with resistance at $0.560. If the price closes above the $0.60 resistance zone, the pair could start a new rally. XRP price rises again Over the past few days, the XRP…
In the world of digital finance, cryptocurrency wallets serve as guardians of digital assets. These repositories not only manage and secure digital assets, but also facilitate smooth transaction execution across various blockchain networks. With so many options available, from hardware to software to mobile wallets, choosing the right one can be difficult. This guide aims to clearly explain the process by providing a comprehensive comparison of wallet types to help you find the one that best suits your needs.Basics of cryptocurrency walletEssentially, a virtual wallet is a digital tool that stores public and private keys while interacting with various blockchains…
VCs are backing a cryptocurrency startup led by a former FTX and Alameda Research employee as part of a new cryptocurrency exchange. In a Series A funding round, FTX and Alameda alumni raised $17 million for a cryptocurrency exchange called Backpack. Backpack valued the company at $120 million and attracted capital investment from companies such as Wintermute and Amber Group. Backpack was launched in October last year, about a year after FTX collapsed, and was co-founded by Armani Ferrante and Cansun. Ferrante serves as CEO of Backpack and was an early Alameda employee. Sun, who testified as a government witness…
Riot Platforms has invested $97.4 million in MicroBT’s state-of-the-art mining hardware to expand the efficiency and capacity of its Rockdale mining facility. Riot Platforms, Inc. (NASDAQ: RIOT), a pioneer in vertically integrated Bitcoin mining, has taken significant steps to expand its mining operations. The company announced a significant investment in a new batch of mining hardware, purchasing 31,500 WhatsMiner M60S miners from renowned manufacturer MicroBT for a total of $97.4 million. The strategic acquisition is set to replace less efficient miners and add significant hash rate capacity to Riot’s flagship Rockdale facility. Hash rate capacity expansion The purchase cost is…
Kraken Rewards is a new feature that allows users to seamlessly earn returns on all eligible assets with one click. It is an easy and flexible way to support the cryptocurrency ecosystem by enabling more efficient use of cryptocurrency assets while also supporting transaction verification. Gone are the days of manually clicking through portfolios to earn returns on individual assets. With Kraken Rewards, we’ve automated the entire process. It couldn’t be easier to join the growing number of users earning rewards in cryptocurrency with one-touch registration. How to Start Earning Rewards with Kraken To register all eligible cryptocurrency assets for…