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Read More »US Government Transferred 10,000 Bitcoin Seized from Silk Road to Coinbase Prime Account
The US Government transferred close to $600 million in bitcoin to a Coinbase Prime deposit wallet. Contrary to popular belief in the crypto circles, this transaction to an exchange may not imply selling activity. The US Government moved 10,000 bitcoins, worth $593.91 million, to a Coinbase Prime deposit wallet on August 14. These assets were seized from the darknet marketplace Silk Road. The wallet transferring these funds, ‘bc1qlap8hkt9genaljz5nt2zlehhudx63zlahr2zek,’ received the bitcoin...
Read More »Mt. Gox-Linked Wallet Holding Over $2 Billion Committed Test Transfer, Moved Holdings to a New Address
A wallet related to BitGo conducted a test transfer on Tuesday, following which it sent all its holdings to another wallet. A user on Reddit mentioned receiving the funds owed to them by Mt. Gox through BitGo. A wallet that received over $2 billion worth of bitcoin from Mt. Gox moved a minuscule amount on Tuesday before clearing the entirety of its holdings. While the value of its bitcoin holdings was over $2 billion two weeks ago when the funds flowed in, the price of the 33,105 bitcoins it...
Read More »Spot Bitcoin ETFs See $81 Million Exit, Ending Two-Day Positive Flow Streak
U.S. spot bitcoin exchange-traded funds (ETFs) experienced a significant outflow on Wednesday, with $81.36 million leaving the products, according to data from SosoValue. This marked the end of a two-day streak of positive inflows. Among the funds, BlackRock’s IBIT, the largest spot bitcoin ETF by net assets, saw a net inflow of $2.68 million. Franklin’s EZBC also reported an inflow of $3.42 million, its first since July 22. These two were the only funds to register inflows on Wednesday. In...
Read More »Bitcoin Stares at Death Cross Eyeing Sub $50K Levels, Funding Rate Flashes Warning
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Read More »Dubai Court Change Stance on Crypto Payment for Salary
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Read More »Kamala Harris’ Crypto Town Hall Fails to Impress Industry, Raising Concerns Ahead of November Election
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Read More »Bitcoin Developers Introduce Whitepaper for BitVM2
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Read More »Bitcoin Price Attempts Further Bullish Recovery Catalyzed by Rising Stablecoins Supply on Crypto Exchanges
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Read More »Crypto Markets Gear Up for Volatility ahead of $1.86B Bitcoin and Ethereum Options Expiry
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