Tag: Million

Tether Resolves Celsius Lawsuit With Major $300 Million Settlement Deal

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Trump Insider Whale Holds $340 Million in Short Position on Bitcoin

Key Notes Arkham Intelligence spotted a trader who is now short $340 million on Bitcoin. The whale had earlier made a profit of $200 million after shorting $700 million of BTC and $350 million of ETH. A while ago, short traders made a profit from the $624.41 million liquidation in the crypto market. Amid the fluctuation in Bitcoin BTC $110 813 24h volatility: 3.8% Market cap: $2.20 T Vol. 24h: $75.48 B price, one whale trader called “Trump Insider Whale” has increased their short position. According to Arkham Intelligence, the…

HyperLiquid Whale Loads Up Almost $500 Million On New BTC Short

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The Hyperliquid whale that banked $192 million shorting the recent market crash has doubled down on their new short position, having now loaded up almost half a billion over the past two days. According to data from Hyperliquid block explorer Hypurrscan, the whale now has a short position worth around $496 million, at 10x leverage and a Bitcoin (BTC) liquidation price of $124,270. Mysterious whale doubling down on their Bitcoin short. Source: Hypurrscan The whale has more than doubled their bet since yesterday, after initially opening the position with $163…

Galaxy Digital Raises $460 Million to Dump Bitcoin Mining for AI

Key Notes Mike Novogratz’s Galaxy Digital recently received a $460 million private investment to transform its Bitcoin mining facility into an AI data center. The investment was from one of the world’s largest, but anonymous, asset managers. Galaxy Digital plans to commit some funds to its Helios deal in the long term. In a bid to make an Artificial Intelligence (AI) data center out of its former Bitcoin mining site in Texas, Galaxy Digital has secured a $460 million private investment. According to sources familiar with the matter, the…

XRP Whales Are Selling: $50 Million Exiting Wallets Every Day

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On-chain data shows the 30-day netflow of the XRP whales has remained deep negative recently, a sign that the asset is under persistent selling pressure. XRP Whale Flow Is At A Negative $50 Million Per Day At The Moment As explained by CryptoQuant community analyst Maartunn in a new post on X, XRP whales have been offloading coins recently. “Whales” refer to the big-money investors who hold significant amounts in their wallets and carry some influence in the market. The behavior of these key investors can often be worth keeping…

Finance Ministry: 20 Million Russians Hold Cryptocurrency, Bitcoin Still Preferred

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Ivan Chebeskov, Deputy Finance Minister of Russia, estimated that around 20 million citizens used cryptocurrency for different purposes. Even with the various options available, Bitcoin was the most widely used cryptocurrency, accounting for 62.1% of all funds held in exchange wallets. Russia Loves Crypto: 20 Million Russians Use Crypto, Finance Ministry States Cryptocurrency adoption has […] Original

4.5 million Bitcoin at risk — “Solve quantum by 2026,” expert warns

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Bitcoin could be exposed to quantum computing threats as experts warn the network must prepare for a post-quantum future. Summary Charles Edwards warns Bitcoin’s core cryptography may not survive the rise of quantum computing and urges the community to build defenses before 2026. Deloitte reports that 4.5 million Bitcoin worth around $550 billion remain stored in vulnerable early addresses visible on the blockchain. Progress in quantum computing from 256 qubits to successful Shor’s algorithm tests is narrowing the window for Bitcoin’s security upgrade. Experts say Bitcoin is safe for now…

$600 Million Worth Of XRP Tokens Are On The Move, Where Are They Headed?

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The XRP community’s attention has been drawn to a $600 million transfer, which has sparked speculation about its potential impact on the altcoin’s price. The transfer notably originated from a Ripple wallet address, further fueling speculations that the crypto firm is dumping on retail investors.  $600 Million in XRP Tokens Moved by Ripple Spark Speculation Whale Alert data shows that Ripple moved 200 million XRP ($610 million) from one of its wallets, sparking speculation that the crypto firm was looking to offload these coins. Moreover, the transfer comes as XRP…