简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Bitcoin Whale Address Transfers 6,000 BTC from Binance.
Abstract：The crypto wallet moved $292 million worth of BTC from Binance to Xapo.
Bitcoin Whale Address Transfers 6,000 BTC from Binance.
The crypto wallet moved $292 million worth of BTC from Binance to Xapo.
Bitcoin (BTC), the world‘s most valuable digital currency, is currently enjoying a significant bull run as the price of BTC is up by more than 50% in the last 4 weeks. Due to the latest jump in price, BTC’s whale activity has increased rapidly in August 2021.
Whale Alert, a leading blockchain tracking firm, highlighted the movement of nearly $292 million worth of Bitcoin from digital exchange Binance to crypto wallet Xapo on 25 August 2021. According to the recent data posted by Whale Alert, Bitcoin millionaire address transferred 6,000 BTC from Binance yesterday at 16:06 UTC.
Earlier this week, Finance Magnates reported a surge in BTC spending by long-term Bitcoin holders. According to the latest report by Glassnode, the percentage of old BTC spent on-chain increased sharply in the last few days.
Commenting on the recent price movement of Bitcoin and its network activity, Alexandra Clark, Sales Trader at GlobalBlock, said: “Whilst uncertainty remains for bitcoin in the short-term, its long-term future is clear, with professionals and academics stating that bitcoin, and digital assets more generally, will replace fiat currencies over the next five to ten years. Many institutions are already scrambling to adopt crypto and blockchain technology in a bid to retain competitive advantage.”
Bitcoins Price Action
At the start of this week, Bitcoin crossed the price level of $50,000 for the first time in 13 weeks. Despite the recent 5% correction, the world‘s largest cryptocurrency is still trading above $47,000 with a market cap of $900 billion. The latest jump in the price of BTC is mainly due to a rise in its institutional and retail demand. MicroStrategy, one of the largest institutional holders of Bitcoin, recently expanded the company’s BTC portfolio with the acquisition of 3,907 coins. MicroStrategy now holds more than 108,000 BTC with a combined value of over $5 billion.
The total market cap of cryptocurrency assets currently stands at around $2 trillion.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Bitcoin falls more than 4% to near $60,000
Bitcoin, the world’s biggest and best-known cryptocurrency, fell more than 4% on Tuesday as it extended a decline through a week that also included an upgrade to its blockchain. Bitcoin fell to $60,350 at its lowest for the day, taking losses from a record high of $69,000 struck on Nov. 10 to more than 11%. Ether, the second-biggest cryptocurrency by market value, was down 4.5% at $4,355.4.
Bitcoin Has the Potential to Reach $500,000, Says Anthony Scaramucci
“One Bitcoin will easily trade at $500,000,” Anthony Scaramucci said in an interview with CNBC.
BTC/USD Forecast: Bitcoin Stabilizes Near $65,000
The Bitcoin market has rallied just a bit during the course of the trading session on Thursday to show signs of stability, right around the $65,000 level. This is an area that of course is somewhat important, but when you look at the Ethereum market, it is very likely that the most important attention is paid to the $10,000 level increments. The $5000 level in between each of them is somewhat important, but it is essentially minor support and resistance. It is because of this that I think the trend continues to go higher. After all, this is a simple pullback in what has been a very strong move to higher levels.
US Senator Lummis Reveals Bitcoin Purchase Worth Up to $100,000
Cynthia Lummis, the Republican US Senator from Wyoming, has disclosed she made a Bitcoin (BTC) purchase worth up to $100,000 on August 16. According to the filings made on Thursday, which were unveiled outside of the reporting deadline set by the Stop Trading on Congressional Knowledge (STOCK) Act, the transaction ranged between $50,001 to $100,000.
WikiFX Broker
Latest News
Elderly Trader Loses RM2.1M in WhatsApp Forex Scam
WikiFXSpotware Unveils cTrader Store, Global Marketplace for Algo Creators
WikiFXGigamax Scam: Tracking Key Suspects in RM7 Million Crypto Fraud
WikiFXWikiFX Review: Is IQ Option trustworthy?
WikiFXCFI Partners with MI Cape Town, Cricket Team
WikiFXDoo Financial Expands Reach with Indonesian Regulatory Licenses
WikiFXQuadcode Markets: Trustworthy or Risky?
WikiFX5 Questions to Ask Yourself Before Taking a Trade
WikiFXAvoid Fake Websites of CPT Markets
WikiFXWebull Canada Expands Options Trading to TFSAs and RRSPs
WikiFXCurrency Calculator
