🐋 While the market is storming, one of the largest Bitcoin whales added 1,854 BTC ($111 million) in two days — now 110,175 BTC are stored at this address, with the total profit of $4.5 billion.
It should be noted that the user sold 1,500 BTC at $67,000 on November 9, after which he bought a total of 3,175 BTC under $6300
It should be noted that the user sold 1,500 BTC at $67,000 on November 9, after which he bought a total of 3,175 BTC under $6300
Large bitcoin holder bought $98 million worth of cryptocurrency
One of the major bitcoin holders bought 1.64 thousand BTC worth $98.6 million on November 17 (at a rate of $59.8 per bitcoin). Now the "whale" owns 110.1 thousand BTC.
The crypto investor also made large purchases of bitcoin on November 16 and 13. Then he bought 207 BTC ($12.8 million) and 1.12 thousand BTC ($71.9 million), respectively.
One of the major bitcoin holders bought 1.64 thousand BTC worth $98.6 million on November 17 (at a rate of $59.8 per bitcoin). Now the "whale" owns 110.1 thousand BTC.
The crypto investor also made large purchases of bitcoin on November 16 and 13. Then he bought 207 BTC ($12.8 million) and 1.12 thousand BTC ($71.9 million), respectively.
📈The third-largest bitcoin whale added another 700 bitcoins worth $42.349 million tonight
That's his second major purchase after yesterday's +1647 BTC
It must be said, this whale has a tendency to panic as he dumped over 6,000 bitcoins in July-August when the price reached $32,000, and now his balance is lower than at the beginning of the summer
That's his second major purchase after yesterday's +1647 BTC
It must be said, this whale has a tendency to panic as he dumped over 6,000 bitcoins in July-August when the price reached $32,000, and now his balance is lower than at the beginning of the summer
🇺🇸 The U.S. Treasury is confident in the dominance of the dollar despite the growing popularity of cryptocurrencies
The Deputy Treasury Secretary said that despite the huge potential of cryptocurrencies, digital assets have the ability to be used by those who want to illicitly move money through the system in a way that we can’t see as easily — this needs to be worked on and to force the creators of digital assets to comply more strictly with anti-money laundering rules.
Wally Adeyemo also believes that the dollar also continues to dominate the world as "people want to invest in the dollar and America," and the $1 trillion infrastructure package will help "unlock the potential" of the U.S. economy and create investment opportunities for other governments.
The Deputy Treasury Secretary said that despite the huge potential of cryptocurrencies, digital assets have the ability to be used by those who want to illicitly move money through the system in a way that we can’t see as easily — this needs to be worked on and to force the creators of digital assets to comply more strictly with anti-money laundering rules.
Wally Adeyemo also believes that the dollar also continues to dominate the world as "people want to invest in the dollar and America," and the $1 trillion infrastructure package will help "unlock the potential" of the U.S. economy and create investment opportunities for other governments.
🌏 Hillary Clinton believes cryptocurrencies can weaken and destabilize entire countries
The former U.S. Secretary of State claimed that digital assets can undermine the U.S. dollar's role as a reserve currency and even destroy the economies of many countries. That's why Clinton is urging all governments and regulators to pay more attention to oversight of the crypto industry.
"Bitcoin just seems like a scam. I don’t like it because it is another currency competing against the dollar. I want the dollar to be the currency of the world. I think they should regulate them very, very high"
The former U.S. Secretary of State claimed that digital assets can undermine the U.S. dollar's role as a reserve currency and even destroy the economies of many countries. That's why Clinton is urging all governments and regulators to pay more attention to oversight of the crypto industry.
"Bitcoin just seems like a scam. I don’t like it because it is another currency competing against the dollar. I want the dollar to be the currency of the world. I think they should regulate them very, very high"
Zcash has published a roadmap to 2025
Zcash (ZEC) is run by the for-profit Electric Coin Company. Briefly about what's planned for the next three years:
— Launch a cryptocurrency wallet for Zcash.
— Increase cross-chain interoperability (which is the ability of blockchains to exchange data and assets).
— Switch from the Proof-of-Work algorithm to Proof-of-Stake.
Zcash (ZEC) is run by the for-profit Electric Coin Company. Briefly about what's planned for the next three years:
— Launch a cryptocurrency wallet for Zcash.
— Increase cross-chain interoperability (which is the ability of blockchains to exchange data and assets).
— Switch from the Proof-of-Work algorithm to Proof-of-Stake.
The richest families on the planet are entering the cryptosphere en masse
The consulting company Campden Wealth data shows that the richest families of the planet are not only interested in the innovative tool, but also actively invest part of their capitals in it.
The researchers conducted a survey and found that 28% of billionaires have already invested in digital assets. Representatives from 385 family offices in North America, Europe and Asia-Pacific were surveyed.
31% of U.S. and 28% of European family offices are already invested in cryptocurrencies. More than half of the survey participants said they view BTC and altcoins as highly promising and reliable instruments.
The consulting company Campden Wealth data shows that the richest families of the planet are not only interested in the innovative tool, but also actively invest part of their capitals in it.
The researchers conducted a survey and found that 28% of billionaires have already invested in digital assets. Representatives from 385 family offices in North America, Europe and Asia-Pacific were surveyed.
31% of U.S. and 28% of European family offices are already invested in cryptocurrencies. More than half of the survey participants said they view BTC and altcoins as highly promising and reliable instruments.
🇸🇻 El Salvador is to build a tax-free "Bitcoin City" — a city with residential and commercial real estate, restaurants, an airport and rail connections, which borders will be rounded similar to a coin, and a complex with a giant BTC symbol is to be built in the center.
As part of the initiative, El Salvador will issue $1 billion worth of "Bitcoin Bonds," of which $500 million will be spent to prepare the infrastructure for mining, and the other $500 million is planned to be invested directly in the first cryptocurrency.
The only tax will be VAT, with which the authorities plan to redeem the bonds.
As part of the initiative, El Salvador will issue $1 billion worth of "Bitcoin Bonds," of which $500 million will be spent to prepare the infrastructure for mining, and the other $500 million is planned to be invested directly in the first cryptocurrency.
The only tax will be VAT, with which the authorities plan to redeem the bonds.
Avalanche rises in the TOP-10 in cryptocurrency capitalization
Avalanche's value continues to rise after one of the leading accounting firms, Deloitte, announced a partnership with cryptocurrency developer Ava Labs on Nov. 16.
Deloitte is to use Avalanche's blockchain to process disaster claims that will be transmitted to the U.S. Federal Emergency Management Agency.
Avalanche's value continues to rise after one of the leading accounting firms, Deloitte, announced a partnership with cryptocurrency developer Ava Labs on Nov. 16.
Deloitte is to use Avalanche's blockchain to process disaster claims that will be transmitted to the U.S. Federal Emergency Management Agency.
💼 Despite the correction of the crypto market, investors put $153.6 million in crypto funds during the week — Bitcoin received most of the new investments, in funds based on it amounted to $114.4 million.
Ethereum recorded inflows of $12.6 million, which was its fourth positive week in a row — during that time, total investments amounted to $80 million.
Ethereum recorded inflows of $12.6 million, which was its fourth positive week in a row — during that time, total investments amounted to $80 million.
Crypto investor bought $36.8 million worth of Shiba Inu tokens
An anonymous person bought 850 billion "meme" tokens at half the price of the historical high set at the end of October.
The large transaction was discovered by WhaleStats, a service that tracks the highest volume transactions on the Ethereum network. On November 23, Shiba Inu traded at $0.000043 (down 50% from its all-time high). The altcoin set an all-time high above $0.000086 late last month. In October, the "meme" token went up by more than 1000%.
An anonymous person bought 850 billion "meme" tokens at half the price of the historical high set at the end of October.
The large transaction was discovered by WhaleStats, a service that tracks the highest volume transactions on the Ethereum network. On November 23, Shiba Inu traded at $0.000043 (down 50% from its all-time high). The altcoin set an all-time high above $0.000086 late last month. In October, the "meme" token went up by more than 1000%.
💼 Despite the correction of the crypto market, investors put $153.6 million in crypto funds during the week — Bitcoin received most of the new investments, in funds based on it amounted to $114.4 million.
Ethereum recorded inflows of $12.6 million, which was its fourth positive week in a row — during that time, total investments amounted to $80 million.
Ethereum recorded inflows of $12.6 million, which was its fourth positive week in a row — during that time, total investments amounted to $80 million.
🇦🇺 Australian pension fund Rest Super is to start investing in cryptocurrencies. The fund has $66 billion in managed super.
At the fund's annual general meeting, Rest Super’s chief investment officer Andrew Lill gave crypto the go-ahead, telling members that a small portion of their funds will soon be invested in crypto assets.
"We see it as a very interesting and important part of our portfolio going forward into the future”, Lill said.
At the fund's annual general meeting, Rest Super’s chief investment officer Andrew Lill gave crypto the go-ahead, telling members that a small portion of their funds will soon be invested in crypto assets.
"We see it as a very interesting and important part of our portfolio going forward into the future”, Lill said.
🔥 1,000,000 ETH burned on the Ethereum network
Since the activation of the London update with the EIP-1559 burn mechanism, the Ethereum network has burned 1,000,000 ETH worth $4.3 billion.
NFT marketplace OpenSea destroyed the most (111,000 ETH), transfers on the Ethereum network burned 98,000 ETH, and the Uniswap V2 exchange burned more than 93,000 ETH.
Earlier, analysts at CryptoQuant said that the supply of ETH is no longer increasing after the London update — similar to Bitcoin, Ethereum is now a scarce asset with limited supply.
Since the activation of the London update with the EIP-1559 burn mechanism, the Ethereum network has burned 1,000,000 ETH worth $4.3 billion.
NFT marketplace OpenSea destroyed the most (111,000 ETH), transfers on the Ethereum network burned 98,000 ETH, and the Uniswap V2 exchange burned more than 93,000 ETH.
Earlier, analysts at CryptoQuant said that the supply of ETH is no longer increasing after the London update — similar to Bitcoin, Ethereum is now a scarce asset with limited supply.
China to create a system to track cryptotransactions
China's central bank says government agencies should step up oversight of illegal circulation of digital assets
Bitcoin fell 5% in 24 hours, to its lowest level since mid-October. The decline in the value of the asset may be associated with the statement of the Central Bank of China
China's central bank says government agencies should step up oversight of illegal circulation of digital assets
Bitcoin fell 5% in 24 hours, to its lowest level since mid-October. The decline in the value of the asset may be associated with the statement of the Central Bank of China
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