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Bitcoin Whale

All articles tagged with #bitcoin whale

cryptocurrency5 months ago

Crypto Gains and Legislation: Key Developments from July 13–19

The week saw significant developments in crypto, including Trump's signing of the GENIUS Act into law, increasing mainstream acceptance, and a surge in XRP's price. Notably, a Bitcoin whale moved $4.77 billion worth of BTC to Galaxy Digital, and Trump is considering an executive order to allow retirement funds to invest in crypto. Meanwhile, Stellar's XLM shows a bullish pattern, potentially rallying 35%, and legal issues continue for some crypto entities. Overall, the market remains dynamic with rising institutional interest and notable price movements.

cryptocurrency2 years ago

Crypto Chaos: Sam Bankman-Fried's Incarceration, Tornado Cash Turmoil, and $3B BTC

This week's Hodler's Digest highlights the charges pressed against the co-founders of Tornado Cash for money laundering and sanctions violations, with one co-founder arrested and another added to the U.S. list of Specially Designated Nationals and Blocked Persons. FTX founder Sam Bankman-Fried is reportedly struggling in prison, relying on a vegan diet of bread with peanut butter and running low on prescription medication. The identity of the mysterious Bitcoin wallet holding $3 billion has been revealed as Robinhood: Jump Trading Custody. The parent company of Prime Trust, a crypto custodian, reported losing $8 million in client and treasury funds through TerraUSD investments. Additionally, a Pepe holder seized the opportunity to buy $529,000 worth of tokens after a price drop.