Ethereum (ETH) is witnessing a potential $1 billion selloff. This significant transaction has its roots in the actions of Chelsea, a bankrupt cryptocurrency lender. According to a report by on-chain analyst Lookonchain, Chelsea has begun transferring 459,561 ETH, estimated to be worth around $1.014 billion, to various exchanges. This large distribution includes 297,454 ETH ($656.5 million) transferred to Coinbase Prime, 146,507 ETH to Paxos Treasury, and smaller amounts totaling 7,800 ETH ($17.2 million) transferred to FalconX and Coinbase respectively. Despite this transfer, Lookonchain revealed that Chelsea still holds 62,468 ETH, worth approximately $139 million. Celsius Transfer 459,561 $ETH($1.014 billion) was…
Author: Crypto Flexs
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Posted 1 minute ago In ~ Ethereum options trading volume on major cryptocurrency derivatives exchanges hit an all-time high of $17.9 billion in January, with five days remaining, according to The Block’s data dashboard.depending on options data Around 932,000 on GreecesLive ETH +2.59% Options expired on several centralized derivatives exchanges on Friday. 3 a.m. ET. Bullish Put-Call Skew for Ethereum OptionsEther options open interest had AP.At expiration on Friday, the ut-call ratio is 0.31, according to GreeksLive. The data was consistent with data from The Block, which showed that the put-call ratio on Deribit’s Ethereum options fell to 0.3 before…
Givearn, known for its beginner-friendly cryptocurrency investment platform, is proud to unveil its latest feature, a ‘Learn’ section that is fully integrated into the app. It serves as a broad educational hub created to help those new to the cryptocurrency market understand the intricacies of the market. The introduction to the ‘Learning’ section highlights Givearn’s ongoing commitment to providing users with the knowledge and confidence they need to effectively participate in the ever-growing digital currency landscape. As cryptocurrencies emerge as a mainstream investment area, the need for reliable and easily accessible information has become critical. The ‘Learn’ feature within the…
I think it would be great to have a group with the goal of supporting Bitcoin as a currency. What’s the best way to organize it?
Cryptocurrency exchange HTX, previously known as Huobi, has unexpectedly disabled its proof-of-deposit feature. This observation was noted today by a prominent fintech analyst. Adam Cochran, Managing Partner at Cinneamhain Ventures. These developments are consistent with the problems faced by TrueUSD (TUSD), a stablecoin reportedly linked to HTX stakeholder Justin Sun, which has been struggling to maintain its intended $1 value for more than two weeks. Cochran also noted that HTX’s ETH holdings are only worth $120 million, according to real-time data from DefiLlama, but a recent audit reported that they are worth nearly $300 million. 2/8Real-time reporting on DefiLlama shows…
Contract deployment Genesis deposits Bootstrap consensus tl;dr v1.0 specification Released🚀 v1.0 specification released today we v1.0 released eth2 specification including mainnet deposit contract address – 0x00000000219ab540356cBB839Cbe05303d7705Fa. eth2 is MIN_GENESIS_TIME ~ Of 1606824000 (Or for those of you who don’t care about Unix time — 12:00 PM UTC on December 1, 2020). At this time, in order to activate Genesis, at least 16384 32-ETH validator deposit 7 days Before December 1st. Otherwise, Genesis will be activated. 7 days After this threshold is met (if applicable). For more information about how Genesis gets started, see Ben Edgington’s article. Genesis records. As an…
Posted 1 minute ago In ~ The Commodity Futures Trading Commission issued a consumer warning Thursday about scams using artificial intelligence, some of which use cryptocurrency arbitrage algorithms to promise huge profits. “With the increasing use of AI in our daily lives, fraudsters are claiming that they can use bots, trading signal algorithms, cryptocurrency asset arbitrage algorithms, and other AI-enabled technologies to generate massive profits,” the agency said in a statement. . , adding that social media influencers can spread false promises of quick profits.The agency said, “Don’t trust scammers. AI technology cannot predict the future or rapid…
The Shib team announced that they will soon be introducing Shibdentity to mark the future of digital identity in the Web3 space. This suggests that the year 2024 could be dedicated to Shiba Inus. The announcement comes after users used their Web3 wallet addresses to verify their identity on the internet. Shibdentity changes the game not only in the Shib ecosystem, but also beyond its boundaries. Shibdentity was created in collaboration with D3inc. Both defined a product not just as a feature, but as something that users can identify with in the digital world. It helps you seamlessly send tokens…
A Silk Road drug lord extradited from the UK has admitted running an illegal drug network and handed over $150 million in cryptocurrency. Banmeet Singh, 40, of Haldwani, India, pleaded guilty to operating an illegal drug distribution network, according to the U.S. Department of Justice. He utilized various dark web platforms, including notable platforms such as Silk Road, Alpha Bay, and Hansa, to sell various controlled substances. Singh’s operation involved customers ordering through an online store and paying with cryptocurrency. He then facilitated the shipment of these drugs, primarily from European sources, to the United States via the postal service…
A popular cryptocurrency trader is analyzing price movements across Bitcoin (BTC), Solana (SOL), and altcoins. pseudonymous trader Rekt Capital says 390,400 followers on social media platform “The moment of truth for Bitcoin The green arrow shows a good retest with Range Low support. However, this current bounce may turn the previous Range Low into a new resistance. However, the range is restored once the daily close exceeds the range minimum and a subsequent one-week close is established.” Source: Rekt Capital/X At the time of writing, the value of BTC is $41,952, up 6% in the last 24 hours. According to…