Exchanges

The post German Government Moves $520M in Bitcoin to Exchanges, More Sell-Off Ahead? appeared first on Coinpedia Fintech News The German government wallet has recently moved overall 8853.5 BTC, worth nearly $520.17 million, to multiple crypto exchanges. Despite this large transfer, Bitcoin’s price remained steady at around $58,500, reflecting a 2% increase in the last 24 hours.  Meanwhile, these transactions to multiple exchanges have raised fears in the crypto space, indicating that more sell-offs may be coming soon. Massive Bitcoin…

eTukTuk is quickly emerging as a major player in the GameFi arena, aiming to follow in the footsteps of Notcoin and Hamster Kombat.  The TUK presale has raised over $3.5 million, which experts are calling a sign of its upside potential.  The fundraising numbers are expected to be much higher in a few days, with the presale scheduled to end on July 15th.  eTukTuk - The Next Big Play-To-Earn Crypto GameFi has quickly become one of the most in-demand sectors…

The post German Government Receives Back 1,915 BTC from Exchanges  appeared first on Coinpedia Fintech News In the latest development, the German Government received back 1,915 BTC, valued at $111.5 million, from addresses linked to Kraken, Bitstamp, and Coinbase exchanges last night. This morning, they moved 1,047.4 BTC out of their wallets. Out  Of this, 547.4 BTC, valued at $30.1 million, went to Flow Traders. Another 500 BTC, worth $27.1 million, was likely deposited for institutional or OTC services at…

Tokyo, Japan, July 5th, 2024, Chainwire $DOP, the token of the Data Ownership Protocol (DOP) will be available for trading in 7 major cryptocurrency exchanges such as Bybit, Kucoin, HTX, Bitfinex, Gate.io, MEXC, and WhiteBIT, starting July 5th, 2024. The Data Ownership Protocol clarified that on Bybit, the token will be listed as $DOP1 to avoid confusion with an existing fiat coin. On KuCoin, Gate.io, Bitfinex, MEXC, and WhiteBIT, the token will be listed as $DOP. DOP launched its mainnet…

The post German Government Yet Again Moves 1,300 BTC To Crypto Exchanges appeared first on Coinpedia Fintech News The Bitcoin price is currently facing pressure due to two significant developments recently, the bankrupt Mt Gox Bitcoin payments and the German government sending Bitcoin to centralized exchanges. The German government has again transferred 1,300 Bitcoins to Coinbase, Kraken, and Bitstamp exchanges. It sent 400 Bitcoins worth $23.24 million each to Coinbase and Kraken and 500 Bitcoins worth $29.05 million to Bitstamp.…

The post South Korean Exchanges To Reevaluate 1,300 Tokens Trading On Domestic Platforms  appeared first on Coinpedia Fintech News South Korean crypto exchanges and the industry’s main trade association announced new self-regulatory standards that will be implemented on July 19. This implies a reevaluation of over 1,300 cryptocurrencies already being traded on domestic platforms. If in the future a new cryptocurrency is to be listed, the exchange will need to examine the token on both formal and qualitative requirements. The…

Recent on-chain data shows that substantial amounts of Bitcoin have made their way to centralized exchanges in the last few days. How could this impact the Bitcoin price? Bitcoin Price To Face Further Selling Pressure? In a new post on the X platform, prominent crypto analyst Ali Martinez revealed that Bitcoin investors have been transferring their assets to centralized exchanges in recent days. The relevant indicator here is CryptoQuant’s Exchange Reserve metric, which tracks the total amount of a particular…

VeChain’s VeBetterDAO is receiving massive support and adoption and is now available on major crypto exchanges. The token is now supported on bridge.vet, swap.vechain.energy, and VTHO.exchange. The highly anticipated VeBetterDAO mainnet launch has received massive support, led by users and exchanges ready to integrate the tokens. The micro-rewards dApp platform’s mainnet launch was completed on Friday. The day has come – VeBetterDAO is LIVE on mainnet! We want to extend a massive THANK YOU to all our incredible testnet users…

Bybit outshines Coinbase to become the second-largest centralized exchange by trading volume after recording an eight-month growth in market shares of 8%.  According to data, Coinbase recorded only 1% growth during the period, with Binance declining from 60% to 54%.  A recent surge in trading volume has positioned Bybit as the second largest centralized crypto exchange (CEX), replacing Coinbase and “sitting” behind Binance. According to data by Kaiko, Bybit has witnessed an incredible growth of 8% in market shares over…