Bitcoin whale that sat through the March 2020 crash moves $378 million
A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions on-chain.
FOLLOW THE THREAD · PUBLIC SOURCECoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Latest stories from CoinDesk. Read, like, and join the conversation.
A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions on-chain.
About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish. Chip-stock contracts on crypto exchanges took a chunk of the damage.
Blur will close its website on Nov. 12 after monthly trading fell from about $1.43 billion at its 2023 peak to under $7 million, ten days after sister project Blast announced its own shutdown.
Bitcoin climbed back above $83,000 after an early dip, decoupling from a sharp slide in Korean chip stocks and weakness in Nasdaq futures ahead of Thursday’s US CPI report.
The Palantir UK chief said the U.S. is racing ahead on enterprise AI while Europe hesitates, and explained why he thinks the company faces intense political attacks.
The Bitmine chairman said he expects younger investors to drive demand for digital assets as his ether treasury company inches closer to owning 5% of the total supply.
A planned Bermuda issuance would put legal ownership onchain and seek capital for disaster risks that remain costly to insure.
Ripple previously gave LMAX $150 million in financing to integrate RLUSD into its institutional infrastructure.
Ledger said every confirmed case involves devices sold by the Southeast Asian reseller, but critics say the hardware-wallet maker must answer for an authorized sales channel.
Bitcoin and gold hold steady as a firm dollar and rising bond yields weigh on sentiment, while IREN secures a multiyear cloud services deal with Anthropic.
Coins jointly issued by multiple companies can trap reserves in one jurisdiction while redemption demands hit another, complicating cross-border crisis response.
Loans use third-party custodians for bitcoin holdings and rely on court-ordered sales if borrowers default.
SWI Group said it would use the proceeds from an 800 million-euro ($894 million) fundraise to transform Genesis Digital Assets, acquired from the FTX bankruptcy, from a bitcoin miner to an AI-focused data center.
The CoinDesk 80 has risen around 3% in 24 hours, more than double the CoinDesk 5, while spot bitcoin ETFs lost $681 million last week.
Your look at what's coming in the week starting Oct. 12.
The XRP Ledger Foundation said normal parameters never triggered the bug that could have broken XRP's supply cap, which is why it was undetected for years.
Ledger confirmed an unauthorized hardware implant in a device linked to crypto losses at CryptoBilis, a Southeast Asian reseller. The company says confirmed cases are limited and its internal systems remain unaffected.
Bitcoin is holding on to its weekend gains as oil trades lower. ETFs lost over $600 million in outflows last week.
The U.S. Supreme Court hasn't yet indicated whether it will take up cases surrounding prediction markets, but there are now several amicus briefs, an interim final rule and a rule proposal.
Executives see openings for tokenization, DeFi and dealmaking, while lawyers warn agency action leaves spot-market oversight and lasting certainty unresolved.