Coinbase CEO Suggests Dodging ‘Mean, Snarky’ Media
Coinbase CEO Brian Armstrong is one of many crypto executives who prefers writing a blog to answering questions from mainstream journalists. Go to Source Powered by WPeMatico
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More Than $220M in Bitcoin Withdrawn from Crypto Exchanges Since the Halving
In mid-April, news.Bitcoin.com reported on a great number of BTC withdrawn from cryptocurrency trading platforms and after the third BTC halving, the trend has picked up once again. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics show that close to 24,000 BTC has been withdrawn since May 11. Additionally, statistics from Bituniverse’s exchange reserve data indicate … Read more
12 Months of Onchain Data Shows Bitcoin Whales Obtained Hundreds of BTC from Small Fish
According to recent data, crypto participants known as ‘bitcoin whales’ have been steadily accumulating bitcoins, and not selling since the ‘Black Thursday’ market carnage on March 12, 2020. Onchain data and blockchain analysis firms indicate that the number of bitcoin whales with 1,000 to 10,000 BTC or more on a single address has increased significantly. … Read more
Users’ Funds Are Safe Following Reported Etana Custody Breach
While no user funds were impacted, a recent breach of custody provider and Kraken partner Etana may have compromised customer data Go to Source Powered by WPeMatico
Two Crypto Exchanges Paid High Ethererum Fees to Ensure Quick Withdrawals
Data From Flipside Crypto shows that as Black Thursday occurred, two major crypto exchanges paid high Ether fees to guarantee withdrawals were processed quickly Go to Source Powered by WPeMatico
Crypto Exchanges See Bitcoin Reserves Drop by 70% Since Black Thursday’s Market Rout
Since the market carnage on March 12 otherwise known as Black Thursday, the exchange Bitmex has seen 36% of the trading platform’s bitcoin reserves withdrawn. A few other well-known crypto exchanges have seen cold wallets drained, while other trading platforms have witnessed reserve increases. Also read: Spain’s Lawmakers Plan to Provide Basic Income to Low-Income … Read more
Kraken Appoints SAFT Architect Marco Santori Chief Legal Officer
SAFT architect and crypto lawyer Marco Santori is now in charge Kraken’s legal team Go to Source Powered by WPeMatico
400 Kraken Survey Respondents Predict Bitcoin Price Will Surpass $22K in 2020
San Francisco-based exchange Kraken conducted a poll that stems from the responses of 400 “VIP” cryptocurrency traders. Despite the current economic climate, surveyed participants indicate they still believe the cryptoconomy is in a “bull market.” Moreover, Kraken’s survey respondents think BTC prices will touch a new all-time high at $22,866 per coin. Also read: 2x … Read more
Most Traders Expect New All-Time High Price for Bitcoin in 2020
While traders predict BTC will set new record highs, the average price prediction for ETH is $810 Go to Source Powered by WPeMatico
Kraken Predicts Wealth Transfer will Cause BTC Rise to $350K by 2045
The price of Bitcoin could increase to $350,000 in the coming decades if younger generations invest 5% of their inheritance in crypto Go to Source Powered by WPeMatico