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[ad_1] Bitcoin whales have withdrawn over 8 million BTC from exchanges to their own wallets, with Shrimps also putting a significant amount of coins into illiquid supply. Most investors are under water as a result of the recent market sell-off, but rather than sell, on-chain data shows hodlers are digging in. This even as the […]

[ad_1] Trading across the cryptocurrency market was relatively subdued on July 5 as the ecosystem continues to digest the fallout from the Three Arrows Capital scandal and Voyager Digital announcing that it has filed for Chapter 11 bankruptcy protection.  Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) has spent

[ad_1] Inactive users of the cryptocurrency exchange Bitstamp platform will have to pay a fee to make up for costs, according to a report from The Block. Bitstamp is taking this action as the crypto market is weighing on trading value and the new inactivity fee will impact customers with balances below $200 for the

[ad_1] Ethereum’s switch from a proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS), via the much-awaited ETH 2.0 upgrade, is not here yet.  But as the platform slowly transitions, deposits into the staking contract on the Beacon Chain have risen continuously since November 2020. reached nearly 13 million ETH. Most of the deposits happened before Ether’s

[ad_1] Crypto mining firm Riot Blockchain said it has begun relocating rigs from its New York data facility, with the majority intended to end up in central Texas. In a Wednesday announcement, Riot said it has transitioned some of its mining rigs from a Massena, New York facility — named Coinmint — as part of

[ad_1] Jason Choi and Darryl Wang, two former crypto executives at two major investment firms in Asia, announced on Tuesday that they are launching their own fund to support Web3 projects. Bloomberg media revealed the development while Choi also disclosed the news via Twitter social media where he linked the company’s website. According to the

[ad_1] Many officials responsible for regulating the United Kingdom’s financial system have resigned following allegations Prime Minister Boris Johnson exercised “poor judgement” in appointing a member of the government.  In a letter to Johnson posted to Twitter on Wednesday, Economic Secretary to the Treasury John Glen said his decision to resign was prompted by “recent

[ad_1] Cryptocurrency broker Voyager Digital Ltd. said that it has filed for Chapter 11 bankruptcy in New York. The bankruptcy was filed days after the company suspended withdrawals and trading on its platform. The company has said that it will seek recognition of the case in its home country Canada, where it is listed. According

[ad_1] Porter Finance, a decentralized finance, or DeFi, protocol based on the Ethereum (ETH) blockchain, announced Tuesday that it was shutting down its bond issuance platform. In explaining the discussion, Porter Finance said: “Looking forward, we are not confident there will be large inflows of lending demand for fixed income DeFi products like the ones

[ad_1] Based on the back and forth experienced in the Bitcoin (BTC) market, a long-term approach is required when investing in the leading cryptocurrency, according to Jordan Belfort, a former Wall Street stockbroker. Speaking on Yahoo Finance’s The Crypto Mile, Belfort opined that Bitcoin investment required a strategy beyond one or two years. He pointed