BTC Shows Silver Lining After FTX Crash, Cryptocurrency Hits $850 Million

A few days after the fall of the FTX cryptocurrency exchange, cryptocurrencies, including Bitcoin, and the stablecoin began to show signs of recovery, with the total market value of currencies increasing by 2% for reach $850 billion. “Bankrupt exchange FTX remained in the news after the hacker continued to move items of stolen assets worth […]

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This Wallet Just Transferred $41 Million in BTC to Gemini by Benzinga

© Reuters. This wallet just moved $41 million worth of BTC to Gemini Benzinga- What happened: An anonymous cryptocurrency wallet holding $41,208,186 worth of (CRYPTO:BTC) has just transferred its funds to Gemini. The bitcoin wallet address linked to this transfer has been identified as: # You can see more details about the transaction here. Why […]

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Bitcoin price is ringing bullish bells! Top Analyst Maps Potential Bullish Levels For BTC

Bitcoin just saved itself from falling to the worst levels below $15,000 as the Chinese government offered guidance on lubricant policy and proposed a way to improve the vaccination rate. The crypto market has mostly spread its bearish shockwaves and negative sentiment impacts on Bitcoin as it strives to bring bullish hopes to the community […]

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Binance CEO Explains 127,000 BTC Transfer and Highlights Proof of Reserve Audit

Cryptocurrency exchange Binance moves large amounts of cryptocurrency as part of its proof of reserve (PoR) audits, according to its CEO, Changpeng “CZ” Zhao. Binance sent 127,351 Bitcoins (BTC), or more than $2 billion, to an unknown wallet on Nov. 28, Whale Alert reported November 28. According to the on-chain data, the transaction occurred at […]

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Bitcoin ‘Millionaire’ Wallets Drop 80% in Year of BTC Price Bear Market

bitcoin (BTC) millionaires are becoming an increasingly rare breed as their numbers drop 80% in one year. According to the latest data from the on-chain analytics company glass knotthere are only 23,000 wallets left with a BTC balance worth $1 million or more. 1 year, 90,000 million less BTC wallets In one more clue of […]

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10,000 BTC leaves crypto wallet linked to Mt. Gox hack

A crypto wallet belonging to the shutdown crypto exchange BTC-e just moved 10,000 Bitcoin (BTC), currently worth over $165 million, to various exchanges, personal wallets, and other sources on Nov. 23. An on-chain analysis of November 23 report suggested then that this withdrawal is the largest made by BTC-e since April 2018, BTC-e and WEX […]

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The cryptocurrency market plunges into chaos; Bitcoin miners are actively selling

Following the collapse of the FTX cryptocurrency exchange and the bear market, the value of digital assets appears to be struggling to breach the $16,000 barrier. Thus, marking the pressure on Bitcoin (BTC) miners to sell more of their production. “Global cryptocurrency market capitalization is back above the $800 billion mark with heavyweights such as […]

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Bitcoin (BTC) Price Stuck in a Rut: Here’s What Traders Can Expect This Weekend

JThe bankruptcy filing of crypto exchange giant FTX has created a black hole in the crypto space as the market lost billions of dollars due to the FTX crash. However, this could mark the birth of a new bullish start for the crypto market by the first quarter of 2023, as it sets a new […]

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