[ad_2][ad_1] Bitcoin, ethereum, Ripple’s XRP, bitcoin cash, litecoin and chainlink – the largest cryptocurrencies by market value – all fell dramatically after skyrocketing through November. Bitcoin’s price lost $ 3,000 in hours yesterday, dropping more than 10% from nearly its all-time highs of nearly $ 20,000 per bitcoin, while ethereum, …
Read More »China confiscates $ 4.2 billion worth of Bitcoin and Ethereum from PlusToken
[ad_2][ad_1] Source: rongyiquan-Shutterstock Chinese authorities confiscate 194,775 Bitcoin, 833,083 Ethereum, 1.4 million LTC, 487 million in XRP of the digital asset from PlusToken. Nearly $ 4.2 billion worth of cryptocurrencies will become part of the Chinese National Treasury. A report from TheBlock reveals new developments related to one of the …
Read More »The second largest bank in the world withdraws a $ 3 billion blockchain bond
[ad_2][ad_1] One of the largest banks in the world has withdrawn a $ 3 billion blockchain bond that was to be traded on a Malaysian digital stock exchange. China Construction Bank had initially postponed trading on the bond before withdrawing it. Reports emerged on November 11, revealing that CCB would …
Read More »Record Open Interest In $ 7.4 Billion Bitcoin Futures Shows Professionals Still Expect $ 20K BTC
[ad_2][ad_1] The price of Bitcoin (BTC) failed to break above the $ 20,000 level this week, but there were several records related to volume and open interest up to $ 19,484. A notable achievement was the open interest on aggregate futures contracts which reached $ 7.4 billion in derivatives trading. …
Read More »Filecoin storage exceeds 1 billion GB when tokenized FIL is launched for use in DeFi
[ad_2][ad_1] Cryptocurrency infrastructure providers Anchorage and Tokensoft are collaborating to wrap FIL, the native token of the FIlecoin decentralized file storage network, for use on Ethereum. The companies announced wFIL on November 23, promoting its use in decentralized finance applications including Compound, Maker, and Uniswap. Filecoin Ecosystem Manager Colin Evra …
Read More »The market capitalization of cryptocurrencies exceeds $ 500 billion while the price of Bitcoin exceeds $ 18,000
[ad_2][ad_1] This week, data from CryptoCompare shows that the price of Bitcoin (BTC) has jumped from around $ 16,000 to a new high for the year of $ 18,800. During the week, the price fluctuates close to $ 19,000 and BTC is trading around $ 18,700. Ether (ETH), the second …
Read More »Ripple-Backed Startup Pushing to Bring XRP to $ 140 Billion in Gaming Industry Announces Series of Partnerships
[ad_2][ad_1] Forte, backed by Ripple, is unveiling a slew of new partnerships in its drive to bring blockchain and XRP technology to the $ 140 billion video game industry. According to a press release, Forte has partnered with Gallium Studios, Monster Ideas, Penrose and GC Turbo. The partners will use …
Read More »Coinbase’s cryptocurrency custody reaches $ 20 billion
[ad_2][ad_1] Coinbase has revealed it now has $ 20 billion worth of cryptocurrency assets under management after adding $ 14 billion since April Coinbase, the leading US-based cryptocurrency exchange, revealed that it now controls $ 20 billion worth of cryptocurrencies in its custody. This came after the company added $ …
Read More »The Chinese banking giant withdraws a $ 3 billion blockchain bond from listing
[ad_2][ad_1] China Construction Bank’s $ 3 billion blockchain bond was reportedly withdrawn after an initial delay. Fusang Exchange, a Malaysian cryptocurrency exchange that was to be responsible for the bond’s listing, said it was withdrawn at the request of the issuer. According to Reuters on November 23, CCB’s Labuan branch …
Read More »The Malaysian cryptocurrency exchange says the $ 3 billion blockchain bond has been withdrawn
[ad_2][ad_1] The Malaysian cryptocurrency exchange says the $ 3 billion blockchain bond has been withdrawn FILE PHOTO: A sign of China Construction Bank is seen at its booth at the China International Fair for Trade in Services (CIFTIS) 2020 in Beijing, China on September 4, 2020. REUTERS / Tingshu Wang …
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