Tag: bitcoin trader

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‘Insane’ Number of Transfers on Ethereum and ETH Dapp ‘Secret’ Volume

Two good news have reached the most popular smart contract platform and second biggest crypto network by market capitalization, Ethereum (ETH), in the past few days. First, Ethereum managed the ‘insane’ number of transfers on its network. Second, improved ETH dapp (decentralized application) tracking instruments showed that the real transaction volume might be several  Read…
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The Mystery Of 80,000 Bitcoins Stolen From Mt. Gox

Source: iStock/Ja’Crispy The sixth richest Bitcoin wallet with nearly BTC 80,000 (c. USD 653 million) has been lying dormant ever since March 2011. The coins originate from the first major hack of the now bankrupt Mt. Gox exchange, and the owner of the wallet has never spent a sat, leading many to question whether its…
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Several Hundred XRP Accounts Linked to “Dirty” USD 400 Million

About USD 400 million worth of Ripple (XRP) has been found to be tied to illicit activity and several hundred XRP accounts are responsible for this, according to Elliptic, a London-based blockchain analytics startup. “We began researching XRP more than a year ago and have already identified several hundred XRP accounts linked to illicit activity…
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US Federal Reserve Exploring Digital Dollar and Its Effect on Monetary System

The United States Federal Reserve System is exploring the development of a digital currency and what issues and risks it could potentially pose. The United States Federal Reserve System is exploring the development of a central bank digital currency (CBDC) and what issues and risks it could potentially pose. Federal Reserve Board Chairman Jerome Powell…
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Altcoin Market Capitalization Shrinks Despite Volume Boost Since 2017

Despite crypto markets reclaiming the capitalization boasted in Nov. 2017 and record volumes, altcoins have seen a declining market share. At present, the combined capitalization of the 2,022 crypto assets with a known market cap was roughly $222 billion. On Nov. 19, 2017, just weeks before the current all-time highs would be set for the…
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South Africa: Bank Drops Bitcoin Exchanges Citing ‘Regulatory Clarity’

FirstRand Bank has said it will no longer serve exchanges after March 2020, while at least one of those affected says it already has alternative arrangements in place. Bitcoin (BTC) exchanges in South Africa will lose their banking support after a local bank confirmed it was closing their accounts. As local internet magazine My Broadband…
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Singapore: Crypto Derivatives Set to Come Under Regulatory Oversight

Singapore’s central bank and financial regulator, the Monetary Authority of Singapore, has proposed bringing crypto derivatives trading under its purview. Singapore’s central bank and financial regulator, the Monetary Authority of Singapore (MAS), has proposed bringing crypto derivatives trading under its purview. According to a BNN Bloomberg report on Nov. 20, the MAS’ proposal would make…
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Why Not Pay Sources for Stories? — Asks Blockchain Media Startup

BLOCKTV is proposing to pay sources for providing info for meaningful stories in the blockchain space, while some journalism experts disagree. Tel Aviv-based media outlet BLOCKTV announced details of a tokenized rewards system to incentivize sources to share exclusive news tips. This comes after BLOCKTV revealed that its native token, BLTV, would be listed on…
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Bitcoin May Hit $4,500 But Miners Have Mostly Capitulated — Analysts

The short-term outlook for Bitcoin could involve a 71% retracement versus 2019 highs of $13,800, warn Tone Vays and Willy Woo. The Bitcoin (BTC) price has almost reached its bottom for 2019, but the threat still remains for markets to hit $4,500, according to one expert. Well-known statistician and analyst Willy Woo delivered his analysis…
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Tor Project Now Accepts Bitcoin Over Lightning Network

The Tor Project, the nonprofit organization behind the anonymous network Tor, announced that it now accepts Bitcoin donations via the Lightning Network. The Tor Project, the nonprofit organization behind the anonymous network Tor, announced that it now accepts Bitcoin (BTC) donations via the Lightning Network. The organization announced on Nov. 19 that it will accept…
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