Day: February 27, 2024

Man Who Laundered Billions in Bitcoins Says Bitcoin Fog Was a Help: Bloomberg

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

FLOKI Skyrockets 32% Higher Following DWF Labs’ $10 Million Acquisition Plan

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In a significant development for the Floki Inu memecoin, digital asset market maker investment firm DWF Labs has revealed its plans to purchase $10 million worth of FLOKI tokens. The announcement has triggered a remarkable surge in the token’s price, propelling it to a new 9-month high at $0.00005097. DWF Labs Strengthens Partnership With Floki Inu According to the official statement, DWF Labs will acquire the tokens directly from the Floki treasury over two years, reflecting DWF Labs’ commitment to support the protocol’s ecosystem.  As announced, the firm recognizes the…

Bitcoin and Chainlink investors monitoring Kelexo

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Having a strategic plan for exiting an investment is as crucial as the initial decision to invest. This involves setting target prices for taking profits or cutting losses and being prepared to adjust these targets based on market developments. A disciplined approach to exits can help investors lock in gains and minimize losses amidst the market’s unpredictability. Kelexo (KLXO), a lending platform, is capturing the headlines, particularly among Bitcoin…

Why the ENS Battle Over Eth.Link Matters

There’s an extra wrinkle in that the eth.link name, originally registered with internet registrar and hosting company GoDaddy, was supposedly valid until July 2023, according to the ENS lawsuit. Allegedly, GoDaddy “unilaterally” determined the domain had expired after it was not renewed in July 2022, a year before its actual expiration, and unlawfully sold it to Dynadot that September. Source

Polygon (MATIC) Whale Makes Large Deposit To Binance, Bearish Sign?

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On-chain data shows a Polygon whale has made a sizeable deposit to the cryptocurrency exchange Binance, a sign that may be bearish for MATIC. Polygon Whale Has Deposited $13.7M Worth Of MATIC To Binance According to data from the cryptocurrency transaction tracker service Whale Alert, a massive MATIC transaction has been spotted on the blockchain during the past day. The transfer in question involved the movement of 13.1 million MATIC, worth almost $13.7 million in US Dollars, when the transaction went through on the network. Given the large scale of…

Uniswap’s (UNI) 38% Advance Leads CoinDesk 20 Gainers; Bitcoin Price (BTC) Rises 5.2%

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Chainlink and Tron prices steady, DeeStream presale attracts Shiba Inu whale

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Chainlink (LINK) and TRON (TRX) turned in solid performances in February 2024, posting double-digit gains. However, even as Bitcoin (BTC) breaches $55,000, Chainlink and TRON have largely stabilized at their current ranges. On the other hand, an unidentified Shiba Inu (SHIB) whale has joined the scores of new registrants to presale crypto sensation DeeStream. The platform is building the first decentralized live streaming and video distribution protocol. Chainlink whales…

Justin Sun Reveals $1,622,357,100 Stash of Bitcoin (BTC) Sitting on Crypto Exchange HTX – Here’s Why

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Billionaire and founder of Tron (TRX) Justin Sun is revealing his Bitcoin (BTC) holdings on crypto exchange HTX. Sun tells his 3.5 million followers on the social media platform X that his HTX account holds 28,613 BTC, worth about $1.62 billion at time of writing. Sun is an advisor for HTX, formerly known as Huobi, and he says he is revealing his BTC holdings in response to critics saying he is not an active user of HTX. “My personal HTX account balance (just for those who are saying I’m not…

Jack Mallers’ Bitcoin Payments App Strike Expands Services to Africa

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Strike, developed by the Chicago-based startup Zap, is a mobile payment application similar to Cash App or Venmo but uses blockchain tech to send and receive money. The company, which started off in the U.S. and El Salvador, announced plans last year to expand to more than 65 countries, pushing into new markets including not just Africa but also Latin America, Asia and the Caribbean. Original

Bitcoin’s all-time high is in view after it breached $57,000: Analysts

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Bitcoin’s all-time high is in clear sight after the cryptocurrency surpassed $57,000 on Tuesday. The flagship crypto is now roughly 20% off its November 2021 all-time high of $68,982.20, and it just cleared a key resistance level, according to Fairlead Strategies. “The main thing to highlight is the confirmed breakout above $48,000, which targets final resistance [of about] $64,900,” said Will Tamplin, senior analyst at Fairlead. BTC.CM= 5D mountain Bitcoin this week confirmed a breakout above $48,000 Oppenheimer chart analyst Ari Wald confirmed that outlook. “Positive momentum for the price…