Bitcoin Worth $1B Leaves Coinbase as Institutions ‘FOMO’ Buy: Analyst
Coinbase Pro exchange registered an outflow of over 35,000 bitcoin worth more than $1 billion early Saturday.
Coinbase Pro exchange registered an outflow of over 35,000 bitcoin worth more than $1 billion early Saturday.
On Nov. 30, bitcoin breeched a nearly three-year high of $19,793. Since then the cryptocurrency has gained more than $11,000.
While Bittrex gave no reason for the removals, exchanges around the world have been moving to delist coins that seek to hide the activity of their users.
Bitcoin nearly triples its price in 2020 and ends the year close to $29,000, but ether gained 450%.
The U.S. division of eToro is suspending XRP trading after an SEC suit alleging it is a security.
The number of bitcoin whales rose to a new record high on Wednesday.
"I would expect to see bitcoin charge past $30,000 as we enter the new year,” said one market observer.
Another day, another all-time high in bitcoin as the cryptocurrency changed hands as high as $28,871.78.
Bitgo failed to stop people in Cuba, Iran and Syria, among other sanctioned places, from using its non-custodial wallet service, the U.S. said.
Binance becomes latest crypto exchange to delist Ripple's XRP.
So far, the SEC has considered many applications for bitcoin-based ETFs and rejected them all.
Institutional investors are perceived to be driving this record-setting run.
Bitcoin fell to the $26,000 level after it hit above $28,000 on Sunday, yet markets remain bullish on both retail and institutional interest.
DOT's recent ascent began on Dec. 23 when Binance announced a $10 million fund to support projects built on Polkadot.
The announcement came hours after Coinbase and OKCoin took similar actions.
Options marketplace Opyn is rolling out an upgrade that targets capital efficiency and liquidity in the DeFi options market.
The crypto trading platform is also considering the possibility of a merger with a special purpose acquisition company, according to Israeli newspaper Calcalist.
The CME has become the largest bitcoin futures exchange by open interest amid institutional onboarding.
OKEx launches real-time settlement for the trading of derivatives on its platform, allowing users to make withdrawals at any time.
The move is viewed by some as a sign the Indian government is warming up to cryptocurrencies.
Coinbase said it will suspend trading of XRP, the cryptocurrency at the heart of an SEC lawsuit against Ripple Labs.
Bitcoin takes a break after record price-setting Sunday while some traders are plowing BTC into ETH.
DeFi insurer Cover Protocol, designed to reduce smart-contract failure risks, was exploited by a bug in its smart contract on Monday morning.
BOX proposed a rule change to the SEC for using the Ethereum blockchain to record and publishing end-of-day securities ownership balances.
Bitcoin has only “died” 11 times this year.
Riot's value was less than $50 million when it started mining bitcoin three years ago.
Big bitcoin balance holders, or "whales," are moving less crypto onto exchanges, signaling some reduction of sell-side pressure, according to CryptoQuant.
The SBI Holdings statement refers to a research article by Sadakazu Osaki of the Nomura Research Institute indicating that under Japanese law XRP is a "cryptocurrency asset" and not a security.
The decentralized finance (DeFI) insurance project Cover Protocol was hacked earlier Monday in an infinite printing scheme, causing the price of the Cover token to plunge. Hours later, Grape.Finance, a so-called ‘white hacker’ claimed responsibility for the attack via its Twitter account, saying all funds had been returned. The exploiter has cashed out over $4 […]
The announcement comes after a holiday weekend in which the price of bitcoin hit a succession of new all-time highs.