Ethereum (ETH) has seen a significant increase of 11.4%, with whales in the crypto ecosystem playing a major role in this change. Data from the crypto analytics platform Lookonchain reveals that a whale with the wallet address “0xAA15” withdrew a total of 5,762 ETH, approximately $15.06 million, from Binance. This whale has purchased a total […]
The WeekInFocus report highlights key developments in the global cryptocurrency sector. In New York, a critical review of BitLicense oversight is looming, with the state’s Comptroller, Thomas DiNapoli, expressing disapproval of its administration at the NYDFS. He suggests the creation of official protocols for the examination follow-up procedure.In Singapore, the Monetary Authority of Singapore (MAS) […]
The Hong Kong Virtual Asset Consortium (HKVAC) has made significant revisions to its top 5 crypto index, top 10 crypto index, and overall crypto index. This has resulted in the exclusion of several well-known cryptos from the indices.XRP, valued at $0.57, has been removed from the top 5 global crypto index and replaced by Solana, […]
Ethereum (ETH) has seen a significant increase of 11.4%, with whales in the crypto ecosystem playing a major role in this change. Data from the crypto analytics platform Lookonchain reveals that a whale with the wallet address “0xAA15” withdrew a total of 5,762 ETH, equivalent to approximately $15.06 million, from Binance. This whale has purchased […]
BMW achieved record sales in the past year, selling more than ever before. The global sales increased by 6.5% to approximately 2.55 million vehicles, following a strong final quarter. The sales of fully electric vehicles (BEVs) increased by 74% to 376,000 vehicles, making BMW grow faster in this segment than the overall market for fully […]
Despite the initial optimism that followed the approval of Bitcoin ETFs, the cryptocurrency experienced an unexpected decline, dropping over 7% from $49,000 to an intraday low of $45,644. This unexpected decline contradicts the prevailing optimism in the market following the recent approval of Bitcoin exchange-traded funds (ETFs).Furthermore, the Bitcoin options data also paints a picture […]
Following a surprising quarterly loss, US banking giant Citigroup plans to cut 20,000 jobs in the medium term. CEO Jane Fraser reported a “disappointing” final quarter with a loss of $1.8 billion. She anticipates a turning point in 2024 as the bank progresses with tightening structures and separating business units. The 20,000 jobs to be […]
Bitcoin experienced a significant drop of 9%, falling below $42K, despite the general optimism surrounding Bitcoin ETFs. The price of Bitcoin plummeted to as low as $41,730 at 10:25 p.m. UTC on Friday, marking a 24-hour loss of approximately 9%. However, by 11:25 p.m. UTC, Bitcoin’s price had partially recovered to $42,850, resulting in a […]
Bitcoin and other top ten cryptocurrencies such as ethereum, XRP, and solana have experienced a sharp decline, despite a massive $10 trillion bitcoin price bet. This has resulted in a nearly 10% drop in bitcoin price over the last 24 hours, affecting the price of other major cryptocurrencies and erasing around $100 billion from the […]
In the world of decentralized finance (DeFi), a Solana-based maximum extractable value (MEV) bot has made a significant impact, generating $1.7 million in profit from a single trade. This news comes alongside the Near Foundation’s decision to lay off 40% of its staff, despite a strong financial performance. Meanwhile, the United States Commodity Futures Trading […]
