Mega Whale Withdraws $53 Million Worth of Bitcoin from Binance

A massive whale has just withdrawn $53 million worth of Bitcoin from the world's largest exchange

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Bitcoin miner Phoenix Group buys $187 million worth of miners from Bitmain

Phoenix has disclosed an agreement to purchase $187 million worth of new Bitcoin mining rigs from Bitmain Technologies.

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US DOJ moves Silk Road-linked Bitcoin (BTC) worth over $300M

Block explorer data indicates that two wallets (belonging to the Department of Justice and connected to the Silk Road cryptocurrency seizure) have moved Bitcoin worth approximately $301 million (9,825 BTCs) in three different transactions early today (12 July 2023).

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The pepperoni on the first pizza bought with Bitcoin is worth $6.5M today

The first known crypto transaction was 10,000 BTC for two pizzas. Thirteen years on, its ingredients alone equate to millions of dollars worth of Bitcoin.

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CFTC Charges California Firm and CEO With Fraud, Misappropriation of Digital Assets

The commission alleges the defendants fraudulently solicited over $7 million worth of bitcoin and ether and misappropriated a portion of the funds in a Ponzi-like scheme.

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Bitcoin, crypto-ATMs, and why they might be worth over a billion in 2028

The ease with which cryptocurrency ATMs allow users to buy and exchange digital assets has been one of the driving forces behind the surge in their adoption over the past year. It reportedly saw the iThe post Bitcoin, crypto-ATMs, and why they might be worth over a billion in 2028 appeared first on AMBCrypto.

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Billionaire investor Bill Miller puts 50% of net worth in Bitcoin

Investor Bill Miller is betting big on Bitcoin, allocating 50% of his personal net worth to BTC and related equity.

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Legendary Investor Bill Miller Owns Half of His Net Worth in Bitcoin

Bill Miller's net worth is split between Bitcoin and Amazon

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What If… We’re Right About Bitcoin?

Entering 2022 with the clown world simulation shifting into ever-higher gears, it’s worth remembering why we’re here and why Bitcoin is worth fighting for. So what if we’re wrong? The real question is: What if we’re right?

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Report: Ark Invest Buys Nearly $20 Million Worth Of Bitcoin

Cathie Wood’s Ark Investment Management has reportedly purchased $19,872,939 worth of bitcoin.

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$240 Million Worth of Shorts Liquidated as Bitcoin Stages Sudden Comeback

After Bitcoin suddenly bounced back from its multi-week low, hundreds of millions of dollars worth of short positions got wiped out

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Bitcoin Is Worth $1T and OKCoin Delists BCH and BSV

Bitcoin, now worth more than most U.S. corporations, first reached "dollar parity" 10 years ago.

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BREAKING: MicroStrategy Scoops Up Another $10 Million Worth of Bitcoin

MicroStrategy has acquired another $10 million worth of #Bitcoin

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Here's why Bitcoin's Year-to-Date RoI is greater than Gold's

If you had purchased $1000 worth of Bitcoin (0.13BTC) on 1 January 2020, it would be worth $1509.10 today. On the contrary, an investment of $1000 in Gold on the same day (0.65 oz) would be worth onlyThe post Here's why Bitcoin's Year-to-Date RoI is greater than Gold's appeared first on AMBCrypto.

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Billionaire investor warns of big economic slowdown; how will Bitcoin react?

Ray Dalio, Co-Chairman and Co-Chief Investment Officer at Bridgewater Associates with a net worth of over $18 billion, warns stimuli from central banks won’t reverse global economic slowdown, which may affect Bitcoin in the medium term.

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Bitcoin as a Savings Technology: Are Interest Accounts Worth the Trade-Offs?

Is interest worth custody?

The post Bitcoin as a Savings Technology: Are Interest Accounts Worth the Trade-Offs? appeared first on Bitcoin Magazine.

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Bitcoin Whale Seemingly Unloading Large Stacks on OKEx

In an industry where whales are thought to be behind the scenes pulling the strings on the market, tracking large transfer originating from high net worth wallets could be considered market analysis.

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Fake Russian Tor browser purloins $40,000 in Bitcoin from dark web shoppers

Researchers from cybersecurity firm ESET have uncovered a malicious version of the Tor browser – the program used to access the dark web – and it’s been stealing user‘s Bitcoin. According to ESET, the bad actors were able to steal more than $40,000 worth of Bitcoin.

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Bitcoin Whale Moves 10,000 BTC to Binance, Potentially Signaling Another Dump

A Bitcoin whale has recently moved 10,000 BTC to Binance. The reason for the transfer is unclear — but could hint at more downside for the cryptocurrency market. The recent transfer was signaled by Twitter account @whale_alert, which notified the rest of the cryptocurrency community that 10,000 BTC — worth $80M at the time of […] The post Bitcoin Whale Moves 10,000 BTC to Binance, Potentially Signaling Another Dump appeared first on BeInCrypto.

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Trigger-Happy Bitcoin Whales Send $24 Million in BTC to Two Exchanges

On Thursday afternoon, an unknown Bitcoin whale transferred more than $12 million worth of BTC to Bitfinex—prompting fears that those dealing with serious money are looking to cash out their BTC. Significant transfers of Bitcoin from an unknown wallet to a known exchange wallet are widely considered to be a strong bearish signal since arguably […] The post Trigger-Happy Bitcoin Whales Send $24 Million in BTC to Two Exchanges appeared first on BeInCrypto.

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$77 Million Worth of Bitcoin Locked in Sidechains, Unavailable for Use

Out of the total circulation supply of around 18 million Bitcoin, around 9661 Bitcoins are stuck in different sidechains, which are not lost but cannot be used either. These bitcoins are stuck in primarily 3 major side chains that include Liquid, Binance Chain and Wrapped Bitcoin (WBTC) sidechains. Side Chains are just like sister chains […]

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Nevada man charged for allegedly running $11M Bitcoin Ponzi scheme

A man in the US has been charged for allegedly operating an $11 million Bitcoin Ponzi scheme. The US Commodity Futures Trading Commission (CFTC) announced the filing of a civil enforcement action yesterday, charging David Gilbert Saffron of Las Vegas, and Circle Society, Corp, with “fraudulent solicitation, misappropriation, and registration violations.

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Hundreds charged after takedown of child exploitation site which made $730K in Bitcoin

A 23-year-old South Korean man is being accused of running the world’s “largest child sexual exploitation market,” which reportedly processed 7,300 Bitcoin transactions worth over $730,000. According to a criminal indictment unsealed today, the now-defunct English-language website known as “Welcome To Video,” featured over 250,000 child exploitation videos – approximately eight terabytes worth of horrific material.

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US Law Enforcement Traces Bitcoin Transfers to Nab ‘Largest’ Child Porn Site

A U.S. federal grand jury indicted a South Korean citizen for operating a child porn site, funded by millions dollars worth of bitcoin.

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Craig Wright: Satoshi Nakamoto Plagiarized My Bitcoin Paper

Craig S Wright, an Australian computer scientist who claims that he created billions of dollars worth of payment protocol Bitcoin, accused Satoshi Nakamoto of plagiarizing his paper. The Bitcoin SV founder stressed that he is the original author of Bitcoin’s whitepaper during CC Forum in London.

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Bitcoin Miner Revenue Ready to Blast Through $15 Billion Milestone

Bitcoin fundamentals are showing great strength as hash rate hits new highs and addresses holding more than $100 worth of BTC skyrockets since 2018. Another positive facet of the network is seen in the form of rising fees.

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Bitcoin Whale Transfers $900 Million Worth of BTC in a Single Move

ByteTree has tracked a huge transaction. According to the profile, which is specialized in finding large transactions, a whale moved 107,848 BTC (around $900 million USD) with a single transaction recently.

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Bitcoin Whale Moves $5 Million in BTC From Coinbase — Time to Accumulate?

Another day, another Bitcoin whale briefly surfacing to move exorbitant sums. In the most recent display of financial superiority, a large BTC transaction has moved well over $5 million into a private wallet.

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Bitcoin (BTC) Whale Just Moved $900M in Single Transaction

The Bitcoin network once again carried a stunning amount of value in a single transaction. Recent tracking showed the movement of more than 107,848 BTC, worth nearly $900 million at the time of tracking.

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Sodinokibi ransomware earns hacker $287K worth of Bitcoin in 3 days

Criminals who distributed the Sodinokibi ransomware threat earned a huge payday from victims who paid the requested Bitcoin ransom. According to researchers at McAfee, who tracked down several posts published on underground forums, one particular distributor made the equivalent of $287,499 in Bitcoin in just 72 hours.

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ESports as a Growing Factor for Cryptocurrencies

After Satoshi Nakamoto mined the genesis block in 2009, Bitcoin, and cryptocurrencies as a whole, struggled to achieve legitimacy and acceptance. Ten years later, there are over 1,600 unique cryptocurrencies worth billions of dollars.

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High Net Worth Bitcoin (BTC) Addresses Grow in 2019

Commenters see bullish potential based on the growth of addresses holding more than 1,000 BTC.

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Bitcoin Price is Up By 838 Million Percent In Last 10 Years; Where Next?

No other asset in history has made the same progress as bitcoin in terms of gains in value. Its digital scarcity mechanism has clearly worked and passed the market test as prices continue to increase albeit with a lot of volatility.

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Swedish Government Auctions Cryptocurrency Again

The Swedish Enforcement Authority, Kronofogden, is once again auctioning off cryptocurrency that has been allotted for public sale. The online auction, which is the second of this kind the government agency conducts, starts on Friday, October 11.

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Famous Bitcoin Millionaire Erik Finman Launches $1 Million Metal VC Investment Fund

Metal Pay app pioneers are looking to fund new investments. Mr. Marshall Hayner and Erik Finman, who called the $1 million worth investment fund Metal VC, aim for the fund to put more emphasis on angel and micro-investments.

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Over 5,000 Tobacco Shops In France To Start Selling Redeemable Bitcoin Coupons

The crypto startup Keplerk relaunching it's BTC payments service, which is set to be enabled in around 5,200 tobacco stores located in France. The main idea is that the clients will be able to buy Bitcoin (BTC) from the stores using coupons that are worth 50, 100 and 250 EUR worth of crypto. This service […]

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Gate.io launches new 20% discount offer on bitcoin (BTC) purchases

Gate. io launches new 20% discount offer on bitcoin (BTC) purchases - CryptoNinjas Crypto exchange Gate. io, today announced a new offering for $250K worth of bitcoin (BTC) with a 20% discount on its special ‘Startup’ platform.

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6,500 Tobacco Shops in France Will Soon Be Selling Bitcoin (Again)

Keplerk has announced that it will ‘relaunch’ its services and offer Bitcoin purchases in over 6,500 tobacco shops in France. Individuals will be able to buy BTC with coupons worth 50, 100, or 250 euros.

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Bitcoin Whale Transfers 2,407 BTC From Coinbase to Presumed HODL Wallet

A Bitcoin whale has just moved 2,407 BTC from Coinbase to an external wallet. The entire transaction was valued at around $19. 6M. It seems that some whales are accumulating and moving their Bitcoin off of exchanges.

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Top Banker Admits Fiat is Worthless, Is Bitcoin The Future of Money?

The former CEO of one of the top Swiss banks has criticized negative interest rates adding that it means money has become worthless. His comments come at a time when countries across the globe are feeling an economic squeeze and their central banks are resorting to drastic measures.

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XRP Looks to Continues Its Bullish Trend, Notes Analysts

While Bitcoin has been steadily gaining value throughout 2019, several other cryptocurrencies have lagged behind. Notably, while most have increased in USD value, the rate of increase has been slower than that of Bitcoin.

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Bitcoin.com Launches Games Stars Leaderboard – Win BTC Every Week

To introduce a new flavor to the ever exciting online gaming experience at games. bitcoin. com, we are launching a fresh new promotion where you can win BTC worth $200 every week. The Games Stars promotion sets the stage for 10 players to win from a prize pool of $1000 each week.

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Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin

Last month, the U. K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during investigations.

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Stone Ridge to challenge CME, Bakkt; files application for Bitcoin Futures Fund with SEC

Stone Ridge Asset Management has filed a prospectus for its Bitcoin Futures Fund with the U. S. Securities and Exchange Commission (SEC). The company filing revealed that these Futures funds would be cash-settled and each share would be worth $10, with no minimum orders.

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Venezuela Has Traded $250M BTC in 2019 (And Other Bitcoin Utility Data)

Data compiled by usefultulips.org shows that Venezuelans have purchases $250 million worth of BTC and that bitcoin is working as Satoshi intended. The post Venezuela Has Traded $250M BTC in 2019 (And Other Bitcoin Utility Data) appeared first on Bitcoin Magazine.

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LocalBitcoins sees huge spikes in usage during Hong Kong’s political unrest

Interest in Bitcoin, the censorship resistant cryptocurrency, often spikes during times of political or economic unrest. It’s no accident that Satoshi Nakamoto embedded a reference to the financial crisis in Bitcoin‘s genesis block.

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Bitcoin is “Ultra-Hard Type of Money” That Will Be Worth $90k Next Year: Germany’s State-Owned Bank

Germany’s state-owned bank BayernLB has published a paper where it talks about Bitcoin and how it’s designed as an “ultra-hard type of money“. The bank opens with expectations for further extensive loosening measures and the USD 15 trillion bonds having a negative yield.

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Crypto Analyst Not Convinced That Bitcoin Has Bottomed Yet

$7k still a possibility until bulls prove themselves Forge $1 million, BTC will be worth $10 million, so don’t worry even if goes down to $3,000 again Bitcoin price is still riding the green wave that started yesterday.

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Video Shows $10M Chinese Bitcoin Mining Farm in Flames

During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed.

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