German Government Transfers $172M in Bitcoin to Crypto Exchanges and Wallets
Jul 04, 2024 20:54 pm UTC| Technology Digital Currency
The German government transferred over 3,000 Bitcoin, valued at $172 million, to various crypto exchanges and an unknown wallet on July 4, potentially impacting market dynamics, according to blockchain investigator...
Bitcoin to Plunge Below $50K Amid Rising Sell Flows, Warns 10x Research
Jul 04, 2024 20:51 pm UTC| Technology Digital Currency
Bitcoins price is projected to drop below $50,000, driven by accelerating sell flows and a marked decrease in buy flows, according to 10x Research. 10x Research Predicts Bitcoins Sharp Decline to $50K as Sell Flows...
Tron’s Justin Sun Eyes $2.3B German Bitcoin to Prevent Market Fluctuations
Jul 04, 2024 20:05 pm UTC| Digital Currency Technology
Tron founder Justin Sun has offered to purchase $2.3 billion in Bitcoin from the German government to prevent adverse market effects from a large-scale sale. Suns Market Impact Concerns Justin Sun, founder of Tron,...
South Korean Authorities Launch Real-Time Monitoring System for Crypto Transactions
Jul 04, 2024 18:45 pm UTC| Digital Currency Technology
South Koreas Financial Supervisory Service has launched a real-time monitoring system for cryptocurrency transactions, targeting fraud and abnormal activities, effective July 19. Real-Time Surveillance for Abnormal...
FxWirePro- Ethereum Daily Outlook
Jul 04, 2024 11:21 am UTC| Technicals Digital Currency
ETHUSD trades weak following the footsteps of BTC.It hit a low of $3123 at the time of writing and is currently trading ataround $3164. Asst manager Bitwise filed its S-1 registration yesterday well ahead of the...
FxWirePro- BTCUSD Daily Outlook
Jul 04, 2024 10:32 am UTC| Technicals Digital Currency
BTCUSD lost its shine and holds well below $60000 as rate cut speculation eases. It hit a low of $56952 andis currently trading around $57342. The FOMC minutes clearly indicated that Fed officials are not willing to...
Busan Designated as Special Financial Opportunity Zone, Heralding a New Financial Ecosystem
Jul 04, 2024 03:38 am UTC| Business Digital Currency Economy
Busans Munhyeon Financial District and the second phase of the North Port redevelopment area have been designated as a Financial Opportunity Advancement Zone. Companies relocating to this special zone will receive...