Global #cryptocurrency

Popular blockchain tracker Whale Alert has revealed a noteworthy transfer of 20.28 million XRP tokens from well-known exchange Binance to an unidentified wallet. The tokens were valued at roughly $10.6 million at the time of transfer.

The cryptocurrency market has seen a significant change as well-funded investors, known as "whales," keep acquiring Bitcoin (BTC), pushing its price to all-time highs. Notably, a well-known Bitcoin whale has amassed 4,380 BTC in the last month, suggesting hope for an impending market recovery.

The head of Andreessen Horowitz (a16z), a venture capital firm based in the United States, compared the current memecoin craze to a “risky casino.”

Claims that the Central Bank of Nigeria (CBN) gave local banks orders to freeze customer accounts connected to unlicensed cryptocurrency exchanges have been denied.

By utilizing artificial intelligence (AI), the Internal Revenue Service (IRS) is improving its oversight of bitcoin transactions.

American economist and gold bug Peter Schiff has interpreted the fact that the majority of the assets in the cryptocurrency industry are losing money as a sign that Bitcoin (BTC) is headed for collapse, issuing a particularly grim warning to owners of spot BTC exchange-traded funds (ETFs).

The Canadian Association of Alternative Assets and Strategies (CAASA) and KPMG Canada recently produced a survey that indicates the country's acceptance of cryptocurrencies is growing.

Updates have been made to the Shiba Inu ecosystem in recent days in an effort to improve the cryptocurrency's long-term prospects. On-chain data also shows a positive tendency among SHIB investors behind the scenes, with the exchange balance hitting all-time lows.

Over the past few weeks, prominent cryptocurrency investors, also referred to as "whales," have been adding over $500 million worth of Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, to their holdings.

The halving of Bitcoin [BTC] has been to the cryptocurrency world what the Olympics are to the sports community and the Oscar Awards are to movie buffs. Halving is a much anticipated and joyous occasion that, by limiting supply, tends to increase the economic worth of the largest digital asset on the earth.

The payments app Strike, which focuses on Bitcoin, has announced its entry into the European market. The software hopes to simplify the user experience while taking advantage of the resurrection of the cryptocurrency.

Even though the statistic is rarely mentioned in the media, it is probably not shocking that the so-called "crypto winter" had a major, if uneven, effect on the total number of cryptocurrency ATMs still in operation worldwide.