Lazarus Group’s Bitcoin holdings suddenly fluctuateNorth Korean hacker group Lazarus Group has reportedly mobilized $1 million worth of Bitcoin after several weeks of inactivity. Blockchain analysts at Arkham Intelligence observed two transfers totaling 27.371 BTC from what appeared to be a cryptocurrency mixer, followed by a smaller amount of 3.343 BTC to a previously inactive wallet.Crypto Movement: AnalysisLazarus Group’s recent transactions have included moving significant amounts of Bitcoin, worth approximately $1.2 million, in a manner that suggests preparations for additional undisclosed activities. The ploy has brought renewed attention to the group’s significant cryptocurrency holdings, which Arkham Intelligence estimates to be…
Author: Crypto Flexs
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One closely watched trader believes the cryptocurrency market is nearing the end of its uptrend after an outstanding performance last year. Household analyst The Flow Horse told his 196,800 followers on social media platform According to the trader, his short- and medium-term bearish outlook will be nullified if investors pour massive liquidity into Bitcoin (BTC) exchange-traded funds (ETFs). The U.S. Securities and Exchange Commission (SEC) is expected to make decisions on a series of BTC ETF applications between now and tomorrow. Called flow horse, “Unless ETFs actually start printing, I think we’ve run out of juice. We could see long-term…
join us telegram A channel to stay up to date on breaking news coverage Investors are constantly trying to find the next cryptocurrency to explode. Typically, this is the only way to get rewarded for taking risk in the market. However, the market today is quite discouraging, with hundreds of altcoins losing their gains from last quarter. BTC, on the other hand, appears to have found the will to break away from the $43,000 price, printing $45,000 today. As this week progresses, I hope to break new ground. Next Cryptocurrency to Explode So what cryptocurrency will explode next? In today’s…
Cryptocurrency has become a hot topic recently with many new coins and tokens entering the market. One of the most talked about cryptocurrencies right now is BlueCoin, which is gaining attention among investors and enthusiasts. But what exactly is BlueCoin and why is it being called the next big thing in the cryptocurrency world? What is BlueCoin? BlueCoin is a decentralized peer-to-peer digital currency that aims to provide a fast, secure and inexpensive way to conduct transactions. It is based on blockchain technology where all transactions are recorded and verified in a transparent and secure manner. BlueCoin also boasts a…
The Bitcoin spot ETF tea leaves were read so aggressively that they were pulverized into dust. Nonetheless, there is a high level of confidence in the market that the much-anticipated new investment vehicle will receive approval from the U.S. Securities and Exchange Commission at any time, even today.However, while the names at the top of the application are names that carry significant financial weight, such as BlackRock, Fidelity, Grayscale, etc., each application has a “Approved Participant.”An authorized participant in an exchange-traded fund is defined as an organization that issues and redeems shares of the fund for investors to cash out.…
Applicants quickly responded to the SEC’s comments on Form S-1 in preparation for approval of a possible spot Bitcoin ETF. Both VanEck and BlackRock have filed amended Form S-1 for their spot Bitcoin ETF offering after addressing recent opinions from the U.S. Securities and Exchange Commission (SEC). The board set a Monday deadline for applicants to submit revised forms as the approval or rejection deadline approaches. After receiving the revised form, the SEC added a comment, a minor note about the applicant’s prospective ETF. According to the report, the forms currently submitted by applicants show several changes, including details on…
MicroStrategy Becomes Biggest Winner of Bitcoin and Cryptocurrency Bull Market MicroStrategy Inc., a well-known enterprise software company and a major player in the cryptocurrency market, has seen a significant increase in the value of its Bitcoin holdings. The price of Bitcoin recently surpassed $47,000, a notable rise that directly impacts MicroStrategy’s investment portfolio. As of January 9, 2024, MicroStrategy holds approximately 189,150 bitcoins, or nearly 1% of all bitcoins in circulation. Their average cost is take over At $31,168 per Bitcoin, it amounts to a total of $5.895 billion. With the price of Bitcoin exceeding $47,000, the total market value…
On January 8, 2024, a New Scientist article sparked debate by questioning whether countries should consider banning Bitcoin due to its environmental impact. This editorial received significant criticism from numerous Bitcoin supporters. Environmental, social and governance (ESG) expert Daniel Batten sharply criticized the article, labeling it “bad science, not new science” and accusing it of using “widely unreliable methodology.” Experts criticize new scientist’s editorial for misrepresenting Bitcoin’s environmental impact. Numerous Bitcoin enthusiasts expressed their displeasure with a recent New Scientist editorial published on Monday. This article by Matthew Sparkes discusses whether countries should ban Bitcoin (BTC) due to its energy-intensive…
XRP formed a bullish pattern that was last seen in June 2022. The altcoin was targeting $0.72 at press time. Ripple (XRP) price increased to $0.58 on January 8th. However, according to analyst Ali Martinez, this rise could be the start of a $1.10 rise. According to Martinez, XRP formed a bullish pattern that was last seen in June 2022. He also added that if the rising parallel channel continues, XRP could reach $0.80 in the middle boundary, but could not reach the upper limit above $1. From this perspective, the dominant pattern behind it is #XRP The price movement…
Pro-XRP legal expert Fred Rispoli commented that things were too quiet. long legal battle Between Securities and Exchange Commission (SEC) and ripple. He also gave his thoughts on why that might be the case and the possible outcomes as the case draws closer to its end. As the next deadline approaches in the Ripple case, things look calm. Rispoli said there was no confrontation between the two parties. famous Completion of discovery related to damages is Scheduled for February 12th. Considering the data is coming quickly, legal experts are surprised that the SEC has not yet filed a discovery motion.…