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Bitcoin Whales Show Largest Movement Since 2017

On-chain data shows Bitcoin whales are currently showing the largest movement since 2017. Here’s what it might mean for the crypto. Current Bitcoin Whale Activity Is The Largest Since 2017 As pointed out by an analyst in a CryptoQuant post, on-chain data shows signs of big whale activity not seen since 2017. The relevant indicator here is the “tokens transferred mean” metric, which tells us the mean amount of Bitcoin involved per transaction. High values of the indicator imply there are some big transactions taking place on the network. This

What Went Wrong With The “Bitcoin Is Generational Wealth” Short Film?

Directed by Matt Hornick and written and narrated by Tomer Strolight, huge companies produced the “Bitcoin is Generational Wealth” short film. The audiovisual division of Swan Bitcoin, Bitcoin Magazine, Mimesis Capital, Shy Kids, and Michael Saylor’s MicroStrategy. Besides that, Tomer Strolight’s essays and articles are a staple of the Bitcoin community. With those high-quality ingredients, we were expecting a fabulous meal. We didn’t get it. What went wrong? Were our expectations too high? That’s what we’re here to explore.  Related Reading | Hollywood Goes Crypto? Coppola Family Leads Project To

Fortune Publishes their Most Disgusting Bitcoin Article Yet. Here’s Why.

Just when you thought Fortune couldn’t sink any lower with their Bitcoin slander, the publication tries to relate a neutral technology to “the alt-right” and “white supremacists.” Is this what journalism has devolved into? Unfortunately, in the case of Fortune, the answer is yes. This is not the first time they have used their publication as a weapon. They’ve tried to slander Bitcoin numerous times before, and there’s a concrete reason for that. Related Reading | Bitcoin And Crypto Adoption Soars 880% In 2021, This Is What’s Driving It Before

Revolut to Reportedly Launch Own Cryptocurrency Token

According to a recent report, Revolut seeks approval from UK’s securities regulator to launch its exchange token. Should the initiative be greenlighted, it will start from Europe and other non-US-based locations. Citing people familiar with the matter, CoinDesk reported earlier that Revolut – a leading fintech firm – wants to release its cryptocurrency token. One of the sources indicated that users would be able to utilize the coin similarly to Wirex and Nexo. However, such a development would be possible only if the initiative received regulatory approval from the UK

Facebook Announces a $50M Fund to Research the Development of a Metaverse

The social media giant announced earlier this week its plans to create its own metaverse with the help of multiple parties. To do so, Facebook will allocate $50 million for research and program partners. Facebook’s Swing at Metaverse The company’s announcement reads that Facebook will not rely on a single company to build the project “overnight.” Instead, it will focus on cooperating with different parties, including policymakers, experts, and industry partners, to “bring this to life.” The $50 million funding will go primarily for global research and connecting with program

Amount of Bitcoin Stored on Exchanges at Lowest Point Since May 2019

On-chain analytics provider Santiment has reported that the supply of Bitcoin sitting on exchanges has fallen to levels not seen since May 2019. This is usually considered bullish as investors take BTC off exchanges when they’re in a position to hold and are not interested in selling. Santiment called it a “good sign of sell-off risk decreasing.” Bitcoin prices have been falling this week in the wake of a renewed crackdown in China and another round of FUD (fear, uncertainty, and doubt) that followed it. Since Monday, BTC prices have

Kawaii Islands Taps Polkastarter for its KWT IDO on October 12

[PRESS RELEASE – Tortola, British Virgin Islands, 27th September 2021] Kawaii Islands, the Anime Metaverse gamifying DeFi mechanism, is pleased to announce its Initial Decentralised Offering (IDO) on Polkastarter. The token sale goes live on October 12, and users can start registering for the whitelisting process shortly. Blockchain gaming with a play-to-earn model keeps gaining global momentum. Kawaii Islands is the first Anime Metaverse on a large scale to create a simulation world for players to immerse themselves into. Players can explore customization options, including crafting, decorating homes, styling their

Top-10 Aspiring Altcoins to Watch in September

This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of September, which could also have a positive effect on their price.Sponsored Sponsored Cardano (ADA) Current Price: $3.03Market Cap: $91 BillionMarket Cap Rank: #3 Cardano was founded in 2017 by Charles Hoskinson, who is also a co-founder of Ethereum (ETH). It is a proof-of-stake platform, whose native token is ADA. It is one of the biggest blockchain platforms to utilize the proof-of-stake instead of the proof-of-work consensus. The Alonzo testnet was launched

FTX Bags Naming Rights Of Cal Memorial Stadium For $17.5M To Display Their Brand

Cal Memorial Stadium has sold its naming rights to FTX during its second vital branding move. This venture was put forward after the purchase of the Miami Heat Arena’s naming rights in March. FTX is a Crypto derivative exchange that bought the Cal Memorial Stadium from California University. This move by FTX aims to introduce its brand to the stadium. This derivatives exchange owned by Sam Bankman-Fried is exploring further in sports. That is why; they have made a 10 year deal of $17M just for the university’s stadium naming

Kraken Supports Ethereum 2.0 Clients Team Alongside Five DeFi Projects With A $250K Donation Each

Kraken and five other DeFi projects contribute $250,000 each to support the teams that work on the Ethereum upgrade. In addition, they donated the sum to the ETH Foundation to develop the network’s version 2.0. Open-source developer teams like Erigon, Besu, Nimbus, Geth, and Nethermind will join the ETH Foundation in the donation. 1/ A diverse execution-layer client ecosystem is at the heart of all that we’re building together. Today, we're excited to announce that @compoundgrants, @krakenfx, @LidoFinance, @synthetix_io, @graphprotocol & @Uniswap are donating $250K each to support #Ethereum client