Browsing yearly archive

2024

US government transfers $590M worth of Silk Road seized Bitcoin to Coinbase

The US has reportedly moved 10,000 BTC seized from Silk Road to Coinbase. The government still holds 203,200 BTC, valued at around $12B. Future sales by the US could impact the cryptocurrency market. The United States government has transferred 10,000 Bitcoin (BTC) worth approximately $590 million to Coinbase wallet, according to data from Arkham Intelligence. […]

Crypto price prediction: Sui, Bitcoin, Poodlana

SUI’s bullish momentum has has boosted it to the day’s top gainer among cryptos as Bitcoin struggles to break the crucial zone of $60,000. Meanwhile, Poodlana has meme coin traders at the edge of their chairs with less than 100 hours to go before it hits the public shelves. SUI is the day’s top gainer Among […]

Lido Finance votes to integrate stETH into BNB Chain

Lido Finance integrates stETH into BNB Chain, marking its first cross-chain move. The integration uses Axelar and Wormhole to bridge $23 billion in TVL to BNB. Lido remains a leading DeFi protocol with $25.94 billion TVL and one million validators. In a landmark decision, the Lido Finance community has voted to integrate its stETH (Staked […]

Coinbase and MicroStrategy climb as Bitcoin reclaims $59k

Coinbase and MicroStrategy stocks rose 6% and 7% respectively as Bitcoin surged to above $59,000. Analysts say crypto markets may be choppy amid potential bearish catalysts. Coinbase and MicroStrategy stocks have climbed more than 6% each on Aug. 8 (as of 2 pm ET), gains that come as the price of Bitcoin broke above $59,000. […]

Michael Saylor’s bet on Bitcoin paying off, his BTC holdings now valued at $1B

Michael Saylor personally holds $1 billion in Bitcoin, owning 17,732 BTC. MicroStrategy holds 226,500 BTC, valued at over $12 billion, with a $37,000 average cost. Saylor views Bitcoin as a superior, secure asset and advocates continuous investment. In a recent interview on Bloomberg Television, Michael Saylor, the Chairman of MicroStrategy, revealed he holds Bitcoin worth […]

Plus Token Ponzi scheme wallets moved $63M ETH after years of inactivity

Plus Token wallets moved $63.1M ETH after three years of inactivity. Dormant funds, once held in Bidesk, were partially transferred to Huobi. The move could cause market panic; ETH is currently valued at $2,379.35. In a dramatic development, cryptocurrency wallets linked to the notorious Plus Token Ponzi scheme have moved a staggering $63.1 million worth […]

Stripe partners with Bitstamp to bolster crypto purchases for EU users

Stripe and Bitstamp have partnered to make Bitcoin and crypto buying accessible to more users in Europe. Bitstamp will provide fiat-to-crypto conversion support for Stripe. Bitstamp has also partnered with Web3 platform Kryptos to help simplify crypto taxes for customers. Stripe, a leading payments platform that was launched by Irish entrepreneurs Patrick Collison and John […]

Strike partners with Bitstamp to bolster crypto purchases for EU users

Strike and Bitstamp have partnered to make Bitcoin and crypto buying accessible to more users in Europe. Bitstamp will provide fiat-to-crypto conversion support for Strike. Bitstamp has also partnered with Web3 platform Kryptos to help simplify crypto taxes for customers. Strike, a leading Bitcoin payments app launched by Jack Mallers, has partnered with crypto exchange […]