Tag Archives: btcusdt

WhaleAlert has identified another wave of transfers of some of the funds stolen during the Bitfinex hack of 2016. According to reports, the hackers moved a total of 416 BTC ($4,089,151) at around midnight, Wednesday 10, 2020, to multiple unknown Bitcoin addresses.The hackers transferred the coins to 20 different addresses, with each transaction carrying between 15 BTC to 33.3 BTC. Some of the receiving addresses then moved the funds to other unknown addresses.$5.1 Million Moved in 3 WeeksThis...

The world’s leading cryptocurrency exchange, Binance, has launched its very first futures contract with a quarterly expiration date. The contract is already available in its derivatives trading interface – Binance Futures.BTC/USD Quarterly Futures Contract on BinanceBinance has officially launched its very first cryptocurrency futures contract that has a preset expiration date. It’s a quarterly BTCUSD futures contract that traders can engage with a leverage of up to 125x.The new contract is...

The Bitcoin hash rate appears to be migrating west after the percentage of BTC mining taking place in the United States increased by 78%, leading into 2020.That’s according to the latest data from the Cambridge Center for Alternative Finance (CCAF), presented in a report by TokenInsight, which shows the US-based Bitcoin hash rate rose from 4.06% to 7.24% between September of 2019 and April of 2020.US-Based Bitcoin Hash Rate Climbs 78%While that moved the US into second place in CCAFs global...

Bakkt, the Bitcoin derivatives trading and custody platform owned by the Intercontinental Exchange (ICE), has partnered with the investment management company Galaxy Digital to launch a joint trading and custody venture for digital assets.The official announcement unveiled earlier today informs that Galaxy Digital Trading, an affiliate of Galaxy Digital, will provide the market access and trading capabilities for the new collaboration. The Bakkt Warehouse, on the other hand, will serve as the...

A recent cryptocurrency scam running live on YouTube managed to dupe nearly $150,000 in Bitcoin from victims. Interestingly, the scam impersonated Elon Musk’s SpaceX channel and broadcasted recorded videos of the recent successful launch of two astronauts to the International Space Station.SpaceX And BTC Giveaway ScamFraudsters are frequently attempting to dupe victims with a form of a cryptocurrency giveaway. Oftentimes, they use a widely-popular current event to connect with the fake...

Bitcoin is expected to land on Germany’s Deutsche Börse XETRA stock exchange in the form of a physically-backed ETC in the coming week.According to German news outlet Handelsblatt, ETC Group will list the Bitcoin Exchange Traded Crypto (BTCE) on Deutsche Börse’s digital trading platform. Users from the UK, Italy, and Austria will also have access to the ETC when it goes live.Physically Backed Bitcoin ETC Set to LaunchThe Bitcoin ETC will launch with the full approval of Germany’s financial...

A study compiled by the American multinational financial services corporation Fidelity Investments informed that a third of large institutional investors own a form of cryptocurrency. The highest level of interest came from Europe, followed by the US.Institutional Investors Choose CryptocurrenciesAccording to the report from Bloomberg citing the survey from Fidelity, 36% of all 774 participants said that they own digital assets or derivatives. When broken down into smaller categories, the...

Coca Cola Amatil and digital asset integrator Centrapay have teamed to enable Australians and New Zealanders to buy Coca Cola with Bitcoin and other cryptocurrencies from more than 2,000 vending machines.Promoting Mass Adoption Of BitcoinAccording to a press release on Tuesday, Amatil’s customers now have Bitcoin and other digital assets as a payment option in their Sylo Smart Wallet, which they can use at any of the 2,000+ vending machines installed across Australia and New Zealand. The...

Egypt’s economic growth in the third quarter (Q3) of the current fiscal year has displayed a lower number than projected following the COVID-19 pandemic.At the same time, data shows that the peer-to-peer Bitcoin volume in the country has registered a fresh all-time high.Egyptians Trade BitcoinAccording to the information provided by the cryptocurrency statistics platform, CoinDance, the demand for the primary digital asset surged last week in the northeast African country.Egyptians traded...

The controversy surrounding Binance’s acquisition of the leading cryptocurrency prices aggregator platform CoinMarketCap (CMC) has become more heated due to recent changes made by CMC.Following the update in CoinMarketCap’s exchange ranking algorithm, several major crypto exchanges were stripped of their high rankings to unimaginable positions on the market table. CoinMarketCap is the world’s leading ranking platform and also one of the biggest websites in the industry. This is why positions...