The post Bitcoin Whale Makes $178 Million From $120 Amidst Recent Price Surge; Selling Pressure To Affect BTC? appeared first on Coinpedia Fintech News A Bitcoin whale has moved 2000 BTC worth $178 million to Coinbase after holding their stash since 2010 according to data from Memepool. Interestingly, the user first received BTC in 2010, when Bitcoin was worth just $0.06 per coin with a market cap of around $250,000. The daily trading volumes then rarely exceeded $60,000. Satoshi …
Bybit is expanding yield opportunities for holders of its liquid staking token, bbSOL, by integrating several decentralized finance ecosystem. The crypto exchange, the second-largest globally by trading volume, announced the initiative on Nov. 15, highlighting new DeFi yield opportunities made…
Bybit is expanding yield opportunities for holders of its liquid staking token, bbSOL, by integrating several decentralized finance ecosystem. The crypto exchange, the second-largest globally by trading volume, announced the initiative on Nov. 15, highlighting new DeFi yield opportunities made…
Larry Harmon, an Ohio resident, has been sentenced to three years in prison for laundering more than $300 million worth of Bitcoin through his darknet service, Helix, according to Bloomberg. The platform operated a tool designed to obscure the origins…
Larry Harmon, an Ohio resident, has been sentenced to three years in prison for laundering more than $300 million worth of Bitcoin through his darknet service, Helix, according to Bloomberg. The platform operated a tool designed to obscure the origins…
Financial institutions drive RWA tokenization, projected to exceed $30 trillion by 2030. Stablecoins dominate the sector, with growth paralleling crypto.
Major South Korean cryptocurrency exchange Upbit is under scrutiny for alleged significant breaches of Know Your Customer (KYC) regulations as it seeks to renew its local license. The Financial Intelligence Unit (FIU) of South Korea’s Financial Services Commission (FSC) reportedly uncovered 500,000 to 600,000 potential KYC violations during its review, according to a Nov. 14 report by Maeil Business Newspaper (MK). These findings could potentially impact Upbit’s operations and its ability to renew its business license. Upbit Allegedly Accepted Blurred IDs for KYC Cryptocurrency exchanges in South Korea are legally required to maintain strict KYC and Anti-Money Laundering (AML) procedures.
This year, Bitcoin has set two new all-time highs, the firsts after the approval of spot ETFs in January and after Donald Trump’s massive win at the U.S. polls.
Bitcoin is experiencing a minor pullback, yet analysts remain optimistic about its potential to reach the $100,000 milestone before year’s end. With notable figures in the crypto space backing the
Market analysts are forecasting substantial growth in the cryptocurrency sector, spotlighting both established and emerging digital assets poised for significant gains. One expert predicts that XRP could experience a remarkable increase in value. Simultaneously, a new competitor is preparing for a potential surge that might surpass even these impressive expectations. XYZVerse (XYZ), an innovative memecoin Continue Reading: Analyst Predicts 550% Surge for XRP While This Rival Prepares for a Massive 10,000% Growth!