Arkham Flags FTX and Alameda Wallets for Liquidating $97.35 Million in Crypto Assets

Arkham Flags FTX and Alameda Wallets for Liquidating $97.35 Million in Crypto Assets

According to the latest data, transactions involving these two entities have raised eyebrows, amounting to a staggering $97.35 million worth of crypto assets liquidated within the past month alone. Arkham found that big amounts of money are being moved and sold in the crypto market. They noticed that most of these transactions involve the wallets…

KPMG Report: 39% of Canadian Institutional Investors Embrace Crypto Assets in 2023

KPMG Report: 39% of Canadian Institutional Investors Embrace Crypto Assets in 2023

KPMG Report: 39% of Canadian Institutional Investors Embrace Crypto Assets in 2023 A recent survey report by KPMG has revealed a significant uptick in the adoption of cryptocurrency assets among institutional investors in Canada. According to the report, 39% of Canadian institutional investors surveyed have either directly or indirectly invested in crypto assets in 2023,…

Arthur Hayes Forecasts Pre and Post- Bitcoin Halving Plunge

Arthur Hayes Forecasts Pre and Post- Bitcoin Halving Plunge

Cryptocurrency enthusiasts brace yourselves for potential turbulence in the market as Arthur Hayes, a BITMEX founder, offers a grim forecast. Hayes predicts a significant plunge in Bitcoin prices surrounding the highly anticipated halving event. Moreover, he suggests that tightened US dollar liquidity during this period will intensify the selling pressure on crypto assets. Arthur Hayes’…

FTX and Alameda Execute Massive Crypto Asset Transfers Worth $46 Million
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FTX and Alameda Execute Massive Crypto Asset Transfers Worth $46 Million

Significant asset transfers initiated by FTX and Alameda. The addresses associated with the two entities facilitated the movement of assets totaling $46 million across prominent exchanges such as Kraken, Binance, and Coinbase. FTX and Alameda orchestrated the transfer of diverse assets, showcasing their dynamic involvement in the cryptocurrency market. The assets transferred include 500,000 SOL…

Multichain Witnesses Massive Abnormal Outflows Worth $117 Million in 12 Hours
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Multichain Witnesses Massive Abnormal Outflows Worth $117 Million in 12 Hours

Multichain, a prominent blockchain platform, has experienced an overwhelming surge of abnormal outflows within the past 12 hours. The total value of the assets transferred to a new address, is estimated to be approximately $117 million. This incident has raised significant concerns about the platform’s security and integrity. The abnormal outflows consisted of various cryptocurrencies,…

Voyager Witnesses Net Outflow of $250 Million as Withdrawals Resume

Voyager Witnesses Net Outflow of $250 Million as Withdrawals Resume

Voyager, a popular cryptocurrency platform, recently reopened withdrawals on June 23, which led to a significant net outflow of $250 million worth of crypto assets. Despite the outflow, the platform still holds approximately $176 million worth of crypto assets. This article explores the current state of Voyager, the assets on the platform, and the impact…

Coinbase Faces SEC Lawsuit Over Crypto Asset Securities Trading

Coinbase Faces SEC Lawsuit Over Crypto Asset Securities Trading

The Securities and Exchange Commission (SEC) has filed a lawsuit against Coinbase, Inc. and Coinbase Global, Inc. over allegations of trading crypto asset securities on their platform. The complaint alleges that the companies made calculated business decisions to increase their own revenues by offering and selling assets with characteristics of securities. Coinbase operates a trading…

US CFTC Approves Cboe’s Application to Offer Margined Futures Contracts for Bitcoin and Ether

US CFTC Approves Cboe’s Application to Offer Margined Futures Contracts for Bitcoin and Ether

Fortune reported that The United States Commodity Futures Trading Commission (CFTC) has granted approval to Cboe, one of the largest options exchanges in the country, to offer margined futures contracts for Bitcoin and Ether. This development comes as cryptocurrencies continue to gain mainstream acceptance and recognition as financial assets. With this approval, Cboe will be…

Bitcoin and Ethereum Volatility at Lowest Level in Over Two Years, Kaiko Research Finds
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Bitcoin and Ethereum Volatility at Lowest Level in Over Two Years, Kaiko Research Finds

Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market capitalization, have experienced a significant decrease in long-term volatility, reaching their lowest levels in over two years, according to research conducted by Kaiko. Historically, ETH has been known to exhibit higher levels of volatility compared to BTC. However, the gap between their respective volatilities…

The Best Cryptocurrency Exchanges for Beginner Investors

The Best Cryptocurrency Exchanges for Beginner Investors

Understanding Cryptocurrency Exchanges Before we dive into the best cryptocurrency exchanges for beginner investors, let’s first understand what cryptocurrency exchanges are and how they work. Cryptocurrency exchanges are platforms that enable users to buy, sell, and trade cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. These exchanges provide a platform where buyers and sellers can come…