Bitcoin whales have scooped up 34K BTC since December dump: Analyst

Chinese crypto mining giant Bitmain is closing its development center in Israel and firing local employees, Israeli business news outlet Globes has learned Monday, Dec. 10.Bitmaintech Israel — founded in 2016 to explore the use of blockchain technology, work on the Connect BTC mining pool and develop the infrastructure behind Bitmain’s artificial intelligence (AI) project…

More than 30 people are facing fines and prosecution in South Korea for allegedly contravening the country’s ban on overseas crypto transactions. 584 Total views 5 Total shares An interagency investigation into suspected crypto fraud and money laundering in South Korea has led to the discovery of 1.69 trillion won (about $1.48 billion) in illegal…

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss which Terra-based coins have the most potential. 623 Total views 22 Total shares “The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which Terra-based coins you should be looking out for in 2022.But first, market…

Bitcoin price (BTC) has been declining amid the recent coronavirus developments as today media reported that patients in the UK and Russia tested positive for the virus. The declining trend has been followed by major cryptocurrencies. Cryptocurrency market daily overview. Source: Coin360In a day that will mark the departure of the United Kingdom (11 p.m. UTC)…

A crypto analyst says Ether could make a “major push” to $3,500 if it holds a $2,800 weekly close, and futures traders are betting on an upward move.

One analyst says a Wall Street forecast may be overestimating the amount of money that could flow into tokenized real-world assets by 2030.

The market witnessed a major banking crisis in March as Silicon Valley Bank and Signature Bank failed and Silvergate Bank entered liquidation as the result of dire financial distress. In Europe, the government brokered a forced takeover of Credit Suisse by UBS. Still, the United States equities markets and the European stock markets closed the…

Two shareholders of major cryptocurrency exchange Bitfinex said that they are not distressed by the allegations made about the exchange’s insolvency by the New York Attorney General. The news was reported by cryptocurrency news outlet Coindesk on April 26.In January last year, Zhao Dong, a shareholder of the exchange, claimed on microblogging platform Weibo that…

Twitter Help warns that other users may still be able to tell if they're a subscriber. 249 Total views 2 Total shares X users who subscribe to the “Blue” service now have the option to hide their check mark, according to a recently updated Twitter Help article. Owner Elon Musk had previously warned that he wasn’t…