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Grayscale transferred Bitcoin tokens worth over $175 million to Coinbase.  A pundit claims Grayscale’s outflows are attributable to Genesis selling GBTC for BTC. Grayscale now holds 449,834 Bitcoin, valued at over $23 billion. The most prominent crypto asset manager, Grayscale, has moved a significant amount of Bitcoin within the past day to liquid exchange for a potential sell-off. Chinese reporter Colin Wu called attention to the development in a recent post on X.  Citing data from data analytics platform Arkham Intelligence, Colin Wu revealed that Grayscale transferred 3,443.1 Bitcoin tokens to an address associated with U.S.-based crypto exchange Coinbase. In particular, Grayscale sent the BTC tokens to Coinbase Prime, the exchange’s platform specifically designed to provide liquidity for institutions.  According to Arkham, at 22:12 UTC+8 on February 23, Grayscale transferred 3,443.1 BTC to the address of Coinbase Prime Deposit, worth approx...

Gauntlet terminates 4-year partnership with Aave due to DAO governance challenges. Gauntlet was Aave’s Risk Steward. Aave now faces the task of finding a new Risk Steward after Gauntlet withdraws. In an announcement made by Gauntlet co-founder John Morrow in an Aave forum post, Gauntlet, a prominent blockchain risk management firm, has terminated its four-year partnership with Aave, the leading decentralized lending platform managed by Aave Companies that recently rebranded into Avara.   Gauntlet’s decision, attributed to governance challenges within Aave’s decentralized autonomous organization (DAO), marks the end of a collaboration aimed at enhancing the safety and efficiency of the platform. DAO governance disputes Gauntlet’s role as a Risk Steward for Aave involved monitoring and analyzing protocol parameters to ensure the platform’s security. However, according to Gauntlet co-founder John Morrow, navigating the inco...

Bifrost, a liquid staking middleware, received a 500,000 DOT treasury loan from Polkadot (DOT) on February 23, as per the information shared with Finbold.  Following a successful treasury proposal by the Bifrost Foundation in January, the one-year loan is set to accelerate the expansion of vDOT, Bifrost’s liquid-staked version of DOT.  What can Bifrost do with the DOT loan? Built on the successful model established by the protocol’s previous 50,000 KSM treasury liquidity loans from Kusama, the initiative is set to reinforce the adoption and utilization of the asset throughout the Polkadot ecosystem, spanning Substrate and EVM parachains. Picked for you Sell-off alert: Cardano chart hints toward imminent ADA price drop 36 mins ago All eyes on $125 as Solana prepares for takeoff 45 mins ago Short squeeze alert for next week: Two cryptocurrencies with pump potential 1 hour ago ‘Face-ripping rally’ coming for XRP, say experts 3 hours ago ...

The intense two-year legal battle between the SEC and Ripple has been drawing considerable market attention as of late. The legal warfare has been swaying back and forth, with new developments rising now and then.  However, the fierce legal battle could finally end by July or August, per a fresh forecast presented by crypto enthusiast Ashley Prosper.  Also Read: Ripple XRP February End Price Prediction When will the Ripple vs. SEC Case Verdict Arrive?  Discussing the development at length, Prosper took to Twitter to share her detailed opinion.  Prosper shared a court filing image, outlining four crucial dates that XRP community members should watch out for.  Per the shared image, February 20 marks the date when the concerned parties are supposed to complete their remedies-related discovery proceedings.  March 13 has been dubbed another date when the plaintiff will be filing a brief concerning remedies.   Per Prosper, ...

Terraform Labs co-founder Do Kwon will be extradited to the US to face fraud charges, according to a Feb. 21 report by Montenegrin news outlet Pobjeda. The High Court in Podgorica denied Kwon’s request to be extradited to South Korea rather than the US, it reported. US and South Korean authorities have been fighting to extradite Kwon and charge him with fraud in connection with Terra’s collapse in May 2022. The U.S. Attorney’s Office has already charged the co-founder with eight criminal counts shortly after he was arrested in Montenegro in March last year. The U.S. Securities and Exchange Commission (SEC) has started a civil case against Kwon and Terraform as well, with the date for the trial set for Mar. 25. This is after both Kwon and Terra were accused of running a multi-billion dollar crypto asset securities fraud in connection with Terra’s implosion. Bullish news! DO KWON DO coming to the United States. 🐂🇺🇸 pic.twitter.com/mW1TX...

Ethereum (ETH) has been experiencing a notable uptrend recently, propelling this leading altcoin past the significant milestone of $3,000. Notably, one whale has potentially played a substantial role in fueling this streak of gains. Namely, on February 22, a major whale identified as 0x7a9 acquired an additional 16,160 ETH tokens, equivalent to $46.95 million, at an approximate price of $2,906 per token.  Concurrently, they withdrew 9,277 ETH (valued at $26.95 million ) from the Binance exchange. Additionally, this investor purchased 6,883 ETH using 20 million USDT through the decentralized exchange aggregator platform, 1inch. Picked for you Shots fired: Arthur Hayes slams Cardano as ‘dogsh*t’ and ‘wannabe Ethereum’ 22 mins ago Orbs and IntentX collaborate to elevate on-chain OTC derivatives and spot trading  1 hour ago How much money does Jeff Bezos make a second? 1 hour ago R. Kiyosaki: Gap between rich and poor is getting wider than the Grand Cany...

Lido has announced support for 1inch as a withdrawals aggregator. 1inch will allow ETH stakes to skip the withdrawal queues with instant swaps between staked Ether (stETH)/wrapped staked Ether (stETH) and Ethereum (ETH. Lido, the top liquidity staking protocol for Ethereum, has announced support for 1inch as a withdrawal s aggregator . The Lido team noted in their announcement on Wednesday that adding the decentralized exchange aggregator allows users to access instant swaps for their staked Ether (stETH) and wrapped staked Ether(wstETH). The feature also works for Ethereum (ETH). “ 1inch is a DeFi aggregator optimised for Ethereum, BNB Chain, Optimism, Polygon and other chains. By aggregating prices across hundreds of DEXs, 1inch guarantee you the best rates for all trades ,” Lido posted on X. ETH stakers on Lido can unstake their st ETH or wst ETH via DeFi aggregator s, which allows them to skip withdrawal queues by enabling st ETH to ET...

As Bitcoin exchange-traded funds (ETFs) inflows pushed the Bitcoin (BTC) price above the $50,000 mark and Bitcoin halving on the horizon, there are indications that another price correction may be imminent.  As the TD Sequential indicator suggested, this potential correction could be significant, with a projected reduction of around -10% for the leading cryptocurrency. Specifically, the TD Sequential indicator has recently signaled a sell on the 3-day chart for Bitcoin. It’s worth noting that when this indicator signaled bearish conditions in previous instances, BTC experienced a price correction of approximately -10%, as highlighted in a post on X by cryptocurrency analyst Ali Martinez on February 21. Picked for you Tron (TRX) price prediction amid USDC halting operations 1 hour ago $3 billion drains from Solana in a day; What’s happening? 1 hour ago Machine learning algorithm predicts XRP price on March 1, 2024 2 hours ago Machine learning ...

PIXEL surges 10% in 24 hrs, hitting $0.6872, with a $452M market cap, signaling strong investor interest. Trading volume hits $1.4B, surpassing Dogecoin, Avalanche, Cardano, and Polygon. Pixel platform saw over 260,000 daily active users post-Pixel launch. The Ethereum-based token, PIXEL, has had a remarkable debut on the cryptocurrency market. Having increased over 12% in value during the first 24 hours of trading, PIXEL is now the most discussed asset within crypto and gaming.  On Feb 19, with the surge of the price to an all-time high of $0.6872 and a market capitalization of $452 million, the performance of PIXEL suggests the popularity and potential of the company in the digital gaming market. PIXEL/USD 24-hour price chart (source: CoinStats) At press time, PIXEL was exchanging hands at $0.5748, a 3.27% surge from the intra-day low of $0.4691. Unprecedented Trading Volume Additionally, the trading volume for PIXEL reached $1.4 billion, mak...

While recent months have seen major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) take the spotlight – and with good reason, given the string of recent developments on the crypto market, but also in terms of regulations and technology – the so-called meme coins have yet to lose their prominence.  In fact, with investors getting more optimistic and driving more money into the crypto market and drawing more attention to it, meme coins are likely to see their relevance – and prices – surge.  Finally, with the Bitcoin halving – likely to drive the value of many coins and tokens up – and April 1 – likely to help at least some meme coins find new all-time highs – happening almost back-to-back, Finbold decided to look at some of the best internet-joke-based cryptocurrencies other than the famous Shiba Inu (SHIB). Picked for you Polygon teams up to launch palm recognition Proof of Humanity protocol 2 hours ...

Russell Okung observes a preference for USD stablecoins over BTC in Africa. Austin Campbell affirmed stablecoins remain favorable for many in the crypto space. Campbell noted that while BTC serves as a store of value, stablecoins are favored for everyday transactions. Prominent figures in the crypto space recently revealed a notable pattern within the African crypto market, suggesting a growing preference among Africans for U.S. dollar-backed stablecoins over Bitcoin (BTC). Russell Okung, a professional athlete known for his advocacy of Bitcoin, initiated the conversation on X. Okung disclosed promoting the Lightning Network during his stay in Africa, wherein he encountered a sobering reality.  Per the disclosure, a larger number of people were inclined towards dealing with USDT rather than Bitcoin. Essentially, he observed that African crypto enthusiasts generally preferred USD, even if it was in “synthetic” forms. During my time in Africa, whil...

Bitcoin ( BTC ) hitting $50,000—a level last seen in 2021—was enough to send ripples of excitement across the crypto community. With investors calling it the start of a “bull market,” enthusiasm is almost at a frenzy. The Bitcoin halving is another event expected to usher in a bullish wave, with investors anticipating BTC ’s rise to $70,000 before April. At the same time, altcoins are also enjoying a share of the spotlight, soaring alongside Bitcoin . Their massive upside potential means investors are constantly on the lookout for promising tokens, with Arbitrum (ARB) and InQubeta (QUBE) topping the list as the best cryptos to invest in . InQubeta (QUBE): Staggering Profit Potential InQubeta (QUBE) is an emerging crypto with staggering upside potential for a good number of reasons. For one, it is a blend of AI and crypto, which has been lauded as a bullish narrative. Further, as one of the most promising new ICOs —a low-cap...

Worldcoin’s (WLD) price surged 192% in 7 days Worldcoin’s “World App” wallet hit 1 million daily active users amid regulatory challenges. Bitcoin Dogs presale collects over $2.2 million in five days. In the wake of Bitcoin’s recent resurgence, the cryptocurrency market has witnessed a compelling comeback, with Ethereum and altcoins following suit, with Worldcoin (WLD) and Bitcoin Dogs (0DOG) at the forefront. Worldcoin (WLD), the br AI nchild of Open AI CEO Sam Altman, experienced a staggering 192% surge in just seven days while Bitcoin Dogs, which entered the market a few days ago, caused waves with the first-ever BRC-20 ICO on Bitcoin blockch AI n. Worldcoin (WLD): 192% surge in a week The 192% Worldcoin (WLD) price surge has caught the attention of crypto investors, especially following the challenges that the Worldcoin project has faced in the recent past. The WLD currently trading at $7.32 hit an all-time high of $7.52 ...

Heroes of Mavia ($MAVIA) price soared more than 10% to hit a new all-time high. $MAVIA price has surged more than 440% in the past two weeks. Will Bitcoin Dogs ($0DOG) see similar gains? Heroes of Mavia, a free-to-play mobile Web3 MMO Strategy game by Skrice Studios, is seeing huge adoption as the Crypto Gaming world gets a major boost in rate of adoption. The project’s recently introduced Crypto token, $MAVIA, has added a new dose of interest in the fantasy game. This Heroes of Mavia price prediction article looks at the potential short-term catalysts for $MAVIA. Also featured is the price outlook for Bitcoin Dogs, a new gaming and NFTs project that just launched the first ever presale on the Bitcoin blockchain. Heroes of Mavia price soars to all-time high above $10 Skrice Studios’ Heroes of Mavia allows players to explore the fantasy island of Mavia, battling for supremacy as they amass the in-game asset RUBY. Also, NFTs for items such as s...

Feb 17, 2024 at 06:34 // Price Author Coin Idol The price  of Ripple (XRP) has regained positive momentum, breaking above the 50-day SMA and reaching a high of $0.57. Long-term outlook for the Ripple coin price: bullish The cryptocurrency was previously trapped between the moving average lines for a week. Currently, the bullish momentum has hit an early blockage at the $0.58 resistance level. Ripple is on the retreat after two rejections at the resistance. The rally will resume if XRP clears the initial barrier and resistance at $0.62. The mar...