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• Bitcoin whales amass billions in crypto amid market fluctuations

  TL;DR Breakdown Bitcoin whales have acquired around 131,600 BTC (over $3.5 billion) during the recent market downturn. Despite market volatility, Bitcoin is stable and the broader crypto market shows positive signs. Major financial firms are actively engaging with crypto, suggesting a potential market shift. Description Despite these turbulent times in the crypto market, a group of Bitcoin behemoths, known colloquially as ‘Bitcoin whales,’ has been making waves. The ebb and flow of Bitcoin’s market value have kept these substantial investors, who have seized the opportunity to acquire more cryptocurrency, leveraging the downturn to their advantage. These savvy investors, who hold … Read more Despite these turbulent times in the crypto market, a group of Bitcoin behemoths, known colloquially as ‘Bitcoin whales,’ has been making waves. The ebb and flow of Bitcoin’s market value have kept these substantial investors, who have seized the opportunity to acquire more cryptocurrency, leveraging the downturn to their advantage. These savvy investors, who hold wallets containing between 1,000 and 10,000 Bitcoins, have taken the plunge, accumulating approximately 131,600 Bitcoins, an asset valued at over $3.5 billion…

  Article 2023年6月23日

• Venture capital has a crypto obsession – See?

  Description The crypto sphere has been a roller-coaster, with highs and lows often defining its trajectory. Venture capital, the perennial chaser of potential gold mines, hasn’t lost its hunger for this digital currency arena, regardless of the fluctuating fortunes of the crypto world. The Ebb and Flow of Crypto and Venture Capital If you thought venture … Read more The crypto sphere has been a roller-coaster, with highs and lows often defining its trajectory. Venture capital, the perennial chaser of potential gold mines, hasn’t lost its hunger for this digital currency arena, regardless of the fluctuating fortunes of the crypto world. The Ebb and Flow of Crypto and Venture Capital If you thought venture capital had moved past its infatuation with crypto, you might want to reconsider. This isn’t about trending TikTok dances or viral memes; it’s about significant money being poured into an industry burgeoning with potential. Remember the 2020-22 bubble? When global economies were clawing their way out of the pandemic aftermath, venture capital was right there, fueling the crypto boom with fresh money, enticed by its seemingly…

  Article 2023年9月11日

• Coinbase director recovers $322,000 in crypto for stranger

  TL;DR Breakdown Coinbase director Conor Grogan uncovers $322,000 worth of dormant crypto for a stranger Grogan found 20 addresses with over $250,000 worth of crypto in the wallets that were untouched for years Description Coinbase director Conor Grogan, in a recent Twitter poster, has explained how he uncovered $322,000 worth of dormant crypto for a stranger. During the Ethereum fork of 2016, it led to the Ethereum Classic(ETC) creation. All investors that held ether on-chain received an identical ETC amount. According to Grogan, most people have yet to touch … Read more Coinbase director Conor Grogan, in a recent Twitter poster, has explained how he uncovered $322,000 worth of dormant crypto for a stranger. During the Ethereum fork of 2016, it led to the Ethereum Classic(ETC) creation. All investors that held ether on-chain received an identical ETC amount. According to Grogan, most people have yet to touch these funds and as a result, has recovered funds in six-figure amounts for investors in the past. In a screenshot after that, he shared that he previously notified a Twitter user of 23…

  Article 2023年7月7日

• Top U.S. stocks at turning point with Fed’s move

  TL;DR Breakdown U.S. stocks are approaching a critical juncture as the Federal Reserve prepares for potentially the last rate hike in this tightening cycle. Despite early-year recession fears, the U.S. economy has remained robust, supporting a near 19% increase in the S&P 500 index this year. Investors are looking towards the Federal Reserve’s July 26 meeting, hoping for signals of controlled inflation, negating further hikes. Description Major U.S. equities are on the brink of a defining moment as the Federal Reserve gears up to execute what could be the concluding rate hike in one of the most assertive monetary policy constricting cycles witnessed in years. The ongoing year initially signaled potential doom for investors who anticipated that soaring interest rates would … Read more Major U.S. equities are on the brink of a defining moment as the Federal Reserve gears up to execute what could be the concluding rate hike in one of the most assertive monetary policy constricting cycles witnessed in years. The ongoing year initially signaled potential doom for investors who anticipated that soaring interest rates would trigger…

  Article 2023年7月24日

• HSBC’s H1 net profit more than doubles – What’s next?

  TL;DR Breakdown HSBC’s net profit more than doubled in the first half of 2023, reaching $18.1 billion, driven by strategic decisions and higher net interest income. The bank’s board approved a second interim dividend and a $2 billion share buyback, and the CEO expects to exceed pre-pandemic dividend levels by year’s end. Description The financial world is always on the lookout for a success story, and HSBC’s latest report is nothing short of triumphant. As Europe’s largest bank by assets, HSBC’s net profit soared to a staggering $18.1 billion in the first half of this year, a leap that more than doubled the $9 billion from the same … Read more The financial world is always on the lookout for a success story, and HSBC’s latest report is nothing short of triumphant. As Europe’s largest bank by assets, HSBC’s net profit soared to a staggering $18.1 billion in the first half of this year, a leap that more than doubled the $9 billion from the same period in the previous year. But what’s next for HSBC? The answer is a…

  Article 2023年8月2日