Bitcoin whales jumping ship as exchange inflows reach 3-month high

The number of Bitcoin whales is rapidly decreasing to levels not seen since earlier this year, possibly due to the three-month high of coin inflows to centralized exchanges (CEXs). Bitcoin (BTC) market tracker Glassnode has issued several bearish indicators for the largest cryptocurrency by market cap, including data suggesting a market exit for whales holding at least 1,000 coins, and exchange inflows of more than 1.7 million coins, the most since February. #Bitcoin $BTC Exchange Inflow Volume (7d MA) just reached a 3-month high of 1,755.021 BTC Previous 3-month high…

Ilies Larbi Leaves FXCM, Launches New Crypto Exchange

In a Finance Magnates exclusive, we can reveal that FX industry veteran Ilies Larbi, has departed from FXCM after nearly 15 years of service. Larbi, a well-known and popular figure in the FX industry, has departed FXCM to launch Ouinex, an international crypto exchange headquartered in France. The Paris-based Larbi departs FXCM having most recently held the role of Global Head of Retail Partnerships for the last year and a half in a long and distinguished career with the international broker. Having started as a sales associate in 2007, Illes…

Ethereum Bears Aim Big After Recent Breakdown Below $2.5K

Ethereum started a major decline from the $2,700 zone against the US Dollar. ETH dived below $2,550 and might accelerate lower below the $2,420 support. Ethereum started a major decline after it failed to surpass $2,700. The price is now trading below $2,550 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $2,490 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline further if there is a close below the $2,420 support zone. Ethereum Price Takes…

Cathie Wood WARNING! A RECESSION Is Coming! How Bitcoin, Ethereum & Innovation Will React (Update)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cathie Wood WARNING! A RECESSION Is Coming! How Bitcoin, Ethereum & Innovation Will React (Update) 🔥 Earn up to $250 in crypto when you signup and start earning passive income with BlockFi! 🔐 What I use to keep my crypto secure! The Crypto Markets alongside the Stock Market are continuing their march downwards as investors go risk off in the midst of a huge amount of Fear, Uncertainty and doubt in the market. The Yield Curve – You may have heard the…

Blue Chip NFTs 101 – A Brief Look At Solana’s ‘DeGods’

In our latest installment of ‘Blue Chip NFTs 101,’ we’re taking a dive into non-Ethereum chain NFTs; we’ll be working our way through top 10 blockchains and their biggest NFT projects, all while still highlighting major noteworthy projects that are on Ethereum. In our first piece in the series, we covered the remarkable rise of ‘Moonbirds,’ the latest NFT project that has seemingly skyrocketed to blue chip status practically overnight. Let’s take a look at The Fundamentals: Solana’s NFT Status Solana has had it’s fair share of critics in recent…

Mining Capital Coin CEO accused of $62M investment fraud scheme

The CEO and co-founder of crypto mining and investment platform Mining Capital Coin (MCC) Luiz Capuci Jr. has been indicted by the Department of Justice (DOJ) for “allegedly orchestrating a $62 million global investment fraud scheme.” The DOJ is charging Capuci with conspiracy to commit wire fraud, conspiracy to commit securities fraud, and conspiracy to commit international money laundering in relation to several allegedly fraudulent schemes that were run via MCC. If found guilty, he faces a maximum prison sentence of 45 years. According to the DOJ’s indictment, Capuci (alongside…

Bitcoin Carnage Continues As BTC Disintegrates To $34K

The cryptocurrency market as a whole is once again blanketed in red, with Bitcoin falling to a multi-month low. Bitcoin’s price has tanked for four consecutive days, breaching the psychological support level of $35,000. The probable freefall will drag BTC down to the $33,000 support level if sellers maintain this decline. According to CoinGecko, the most popular and largest cryptocurrency by market capitalization lost 4.5 percent during the past 24 hours, breaching a crucial support level and posting a daily low of $34,405. The market capitalization of Bitcoin fell to $657…

How To Easily Buy Shiba Inu Coin (SHIB) | Coinbase Tutorial

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io For anyone looking to purchase the Shiba Inu Coin (cryptocurrency) using the Coinbase and Coinbase Wallet apps. , here’s the easiest and fastest way how. #shibainu #shibacoin #cryptocurrency ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

NFT markets slump as weekly sales volume dives 30%

The nonfungible token (NFT) collections by Yuga Labs have experienced a dramatic downturn in transaction volume over the past 24 hours.  Otherdeed is down just over 50%, Mutant Ape Yacht Club (MAYC) is down 46%, and Bored Ape Yacht Club (BAYC) is down 25% according to data from NFT market tracker NFTGO. Over the past 24 hours, general NFT market activity has mirrored Yuga’s collections, where volume has dropped 31% to $113 million. However, prices have not yet followed suit as the total NFT market cap has dropped marginally to…