CryptoExplorer
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πŸ“° This Week In Crypto (33)
1. Dogecoin Foundation re-established after 6 years
2. Walmart seeks Crypto Product Lead
3. Binance makes KYC mandatory
4. Coinbase to buy Crypto with 10% of quarterly Profits
5. Bitcoin touched $49,700
CW32 (last week)
πŸ’± Binance is Reportedly Seeking Government Funding at $200B Valuation
Multiple sources told that Binance is considering obtaining investment and protection from government funds at a valuation of $200 billion. Singapore is one of the most likely options. πŸ”— Read more
πŸ’° MicroStrategy Spends Another $177M on Bitcoin
MicroStrategy announced yet another purchase of bitcoin. This time, the company acquired BTC 3,907 for approximately $177M in cash at an average price of USD 45,294 per bitcoin, the company said in a statement. According to the company’s founder and CEO, bitcoin bull Michael Saylor, the company now holds BTC 108,992 (purchased for c. $2.918B) on its balance sheet. πŸ”— Read more
πŸ’± Binance Cleared by UK Regulatory Body FCA
Binance, the world’s leading crypto exchange by trading volume has been cleared by the UK’s Financial Conduct Authority FCA to offer its services in the country again. FCA declared that Binance has complied with all the regulatory aspects and requirements. The update was added to the previous warning against the crypto exchange. πŸ”— Read more
🚦 SEC Signs $625K Contract With Analytic Firm to Investigate DeFi Market
The US Securities and Exchange Commission SEC has taken a major step towards regulating the Defi market, just days after SEC chair Gary Gensler said the decentralized finance markets are something they are looking into. SEC has on-boarded blockchain analytic firm AnChainAI to help the regulatory body regulated the Defi market. πŸ”— Read more
πŸ“° This Week In Crypto (34)
1. Visa buys a CryptoPunk
2. Binance cleared by UK's FCA
3. MicroStrategy acquires 3,907 additional BTC
4. Binance seeks Government Funding
5. Morgan Stanley owns +1M Grayscale BTC Trust Shares
CW33 (last week)
πŸ“° This Week In Crypto (35)
1. Metamask surpasses 10M monthly active Users
2. Bitcoin trades above $50k
3. IMF repeats El Salvador Bitcoin Warning
4. Chinese Banks explore E-Yuan for Selling Investment Funds
5. Twitter will soon let you tip other Users with Bitcoin
CW34 (last week)
πŸ‡ΈπŸ‡» El Salvador buys the dip as Bitcoin price flash crashes to $42.9K
🚦 SEC Wants To Sue Coinbase
Coinbase Global Inc. was warned by the Securities and Exchange Commission against launching a product that would allow consumers to earn interest on their crypto holdings. The U.S.’s biggest cryptocurrency exchange said it received a Wells notice saying the agency will bring an enforcement action if the company goes ahead with its Lend product. Coinbase expressed surprise at the SEC’s move, in a blog post, adding it plans to delay the launch at least until October. πŸ”— Read more
πŸ’Ό Junior Content Manger!
We are looking for a Junior Content Manager to manage our Telegram presence.
At the moment not enough news articles are being published due to staff limitations. The goal is to publish 1-3 news articles, statistics and interesting charts every day. You think you can help us? Then check out the job description and apply today: πŸš€ APPLY
🐳 3rd Largest BTC Wallet Just Bought $23M BTC
The third-largest bitcoin wallet had no dull moves as it has successfully added 490 BTC when priced around $46,800 in a transaction with a value of $23 million, according to WhaleAlert, the coins were moved from the US-based crypto exchange, Coinbase. This move came after the recent crypto market decline losing over $330 billion from its total capitalization, the same day El Salvador became the first country to make Bitcoin a legal tender. πŸ”— Read more
πŸ“° This Week In Crypto (36)
1. $750M ETH burned in the last 30 days
2. Bitcoin drops to $44k - now at $46k
3. 101 'Bored Ape' NFTs sold for $24.4M
4. Germany Overtakes USA in Bitcoin Nodes
5. Bitcoin now legal tender in El Salvador
CW35 (last week)
⚠️ Walmart Fake News generates a Billion Dollar Pump and Dump
The entire crypto market pumped when news broke out, that Walmart inked a partnership deal with Litecoin. The story was quickly picked up by major news outlets, including Reuters and CNBC. This triggered a marketwide reaction, and most cryptocurrencies pumped tremendously in a matter of minutes. Bitcoin touched $47K, and Litecoin – the hero in the fake story touched $240. Minutes later, though, speculations ran rampant that the story is fake, and it didn’t take long for LTC to plunge to it's original levels. πŸ”— Read more
πŸ‘1
πŸ“ˆ Long-term Holders own 79% of all BTC
Furthermore, Glassnode revealed that long-term holders currently own 79.5 percent of all BTC supply as of this week. Interesting, according to the report, the present level is comparable to that recorded in October 2020, right before the start of the 2020/2021 bull market. The fact that long-term holders refuse to sell suggests that enormous accumulation is taking place, even if a bull run is not imminent. πŸ”— Read more
πŸ“° This Week In Crypto (37)
1. Cardano launches Smart Contracts
2. LTC Price surges 35% after Fake News
3. Long-term Holders own 79% of all BTC
4. Solana Network down almost 18 Hours
5. Vitalik Buterin among the "100 most influential people"
CW36 (last week)
πŸ‡©πŸ‡ͺ Breaking: VanEck Plans to Offer Solana ($SOL) ETF in Germany
VanEck, the global investment manager and ETF issuer has reportedly filed for a Solana $SOL ETF in Germany. This signifies the growing institutional interest in the relatively new cryptocurrency Solana, which has had a phenomenal past two months reaching new ATH and entering price discovery mode. πŸ”— Read more
πŸ“‰What is triggering today's Drop?
Crypto assets fell sharply today as Evergrande, the second-largest property developer in China, has been unable to pay off the interest on its loans. Experts refer to EverGrande's debt problems as China's "Lehman moment," referring to the 2008 financial crisis. Congress is set to discuss an extension of the debt ceiling this week, which could have dire consequences for financial markets. The total crypto market cap has also dipped below $2 trillion, confirming a more general downtrend. πŸ”— Read More
:☠️ Bitcoin.ᴏrg Gets Hacked, Scammers Run BTC Giveaway Scam
Bitcoin.ᴏrg, the oldest cryptocurrency website registered by the pseudo-anonymous creator of Bitcoin Satoshi Nakamoto was hacked earlier today. The hackers then ran a BTC giveaway scam promising to return double the amount of BTC that users send to the mentioned address. πŸ”— Read more
πŸ’° Twitter rolls out Bitcoin Tipping
Twitter is turning on the ability to ask for tips in Bitcoin through its app, making it the first major social network to encourage use of the cryptocurrency as a method of payment. The company also plans to let users connect their crypto wallets and authenticate the ownership of NFTs they tweet with a special badge. πŸ”— Read more
πŸ‘1
πŸ“° This Week In Crypto (38)
1. BTC dips amid Evergrande Bankruptcy Threat
2. Snoop Dogg reveals his NFT Collection
3. Twitter rolls out Bitcoin Tipping
4. China's Crypto Crackdown continues
5. Despite Dips, BTC Exchange Reserves reach new Lows
CW37 (last week)