Crypto

Crypto, News

Google Cloud Continues Digging Deep Into The Blockchain Technology

Google Cloud is making significant strides in the cryptocurrency and blockchain space by expanding support for various blockchains within its BigQuery data analytics service. This move underscores Google’s recognition of the growing importance of blockchain technology and the data it generates. Google Cloud Supports 11 Additional Blockchains The addition of […]

Crypto, News

Mt. Gox Trustee Extends Repayment Deadline Amidst Ongoing Saga But There’s A Catch

The trustee responsible for handling the bankruptcy of Mt. Gox, Nobuaki Kobayashi, has recently announced a significant extension of the repayment deadline for creditors of the now-defunct cryptocurrency exchange. This move, approved by the Tokyo District Court, pushes the deadline from October 31, 2023, to October 31, 2024. Twofold Rationale […]

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Bitcoin/Ethereum Ratio Reaches New One-Year High: Implications For Crypto Investors

In the ever-evolving world of cryptocurrency investment, one metric that has recently grabbed the attention of analysts and traders alike is the Bitcoin/Ethereum ratio. This ratio measures the relative performance of Bitcoin (BTC) against Ethereum (ETH), two of the most prominent cryptocurrencies in the market. As it reaches a new […]

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Smart Crypto Whale’s Massive $40 Million ETH Withdrawals From Binance: What Does It Mean?

Recently, a smart whale made waves in the crypto community by withdrawing a staggering 24,548 Ethereum (ETH) tokens from the popular exchange, Binance. These withdrawals, totaling $40 million in value at the time of the transactions, have left many wondering about the implications of such substantial movements in the market. […]

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Bitcoin Traders’ Aggressive Shorting On Binance Can Potentially Cause A Price Increase Impact, Here’s How

In recent weeks, the Bitcoin market has witnessed a surge in aggressive shorting on major exchanges, most notably on Binance. This development has sent ripples through the cryptocurrency community, with traders and analysts closely monitoring the situation. As a result of this increased shorting activity, Bitcoin’s price has experienced a […]

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Nomura’s Adoption Fund Boosts Bitcoin To $27.2K – A Milestone For Crypto

In a significant development for the world of cryptocurrency, Bitcoin experienced a substantial surge, reaching a price of $27.2K, following the announcement of Japan’s largest investment bank, Nomura, launching an Adoption Fund specifically tailored for institutional investors. This marks a pivotal moment in the ongoing efforts within the crypto industry […]

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Bitcoin Addresses Holding 0.1+ Coins Hit All-Time High Amidst Market Volatility, Adding Almost 1,000 New Addresses

In the world of Bitcoin, where market dynamics are closely scrutinized, an interesting trend has emerged. The number of addresses holding 0.1 or more Bitcoin, often considered a metric of strong investor confidence, has just reached an all-time high (ATH) of 4,487,486. What makes this achievement even more remarkable is […]

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Chainlink’s Noncirculating Supply Wallet Deposits 15.7M $LINK into Binance, Signaling Potential Volatility Ahead

Chainlink (LINK), one of the leading decentralized oracle networks in the blockchain space, is making waves with recent developments involving its non-circulating supply wallet. In a surprising move, the Chainlink Non-Circulating Supply wallet deposited a substantial 15.7 million $LINK tokens, equivalent to approximately $97.5 million, into the Binance exchange. This […]

Crypto, News

Deutsche Bank’s Strategic Move Into Crypto Custody

In a groundbreaking development within the financial industry, Deutsche Bank, one of Europe’s largest and most renowned financial institutions with €1.34 trillion in assets under management, has forged a strategic partnership with Swiss cryptocurrency firm Taurus. The aim? To provide comprehensive Bitcoin and cryptocurrency custody services to their clients. Traditional […]