Bitcoin Slides On Report Russians Seek To Liquidate "Billions In Crypto" In UAE After briefly rising above $40,000 this morning following the earlier report of some soothing words from Putin over the Ukraine conflict, Bitcoin and the broader crypto sector has slumped to session lows… ... following a Reuters report that crypto firms in the United Arab Emirates (UAE) are being flooded with requests to "liquidate billions of dollars of virtual currency" as Russians seek a safe haven for their fortunes, citing company executives and financial sources. According to the report, some Russians are using cryptocurrency to "invest in real estate" in the UAE, while others want to use firms there to turn their virtual money into hard currency and stash it elsewhere. One crypto firm has received lots of queries in the past 10 days from Swiss brokers asking to liquidate billions of dollars of bitcoin because their clients are afraid Switzerland will freeze their assets, adding that none of the requests had been for less than $2 billion.
Did an institution just invest $1.17 billion in bitcoin (BTC)? It sure looks so judging by three crypto transactions moving massive amounts of BTC from a wallet held by Coinbase Pro, to an anonymous bitcoin wallet. The post Whale moves $1.17 billion in BTC out of Coinbase as U.S. inflation soars appeared first on CryptoSlate .

Buying big? Nearly 30K BTC leaves Coinbase Pro in 3 transactions

08:36am, Friday, 11'th Mar 2022 Coin Telegraph
Coinbase sees over $1 billion of BTC leave its address as Bitcoin steadies below $40,000.
What happened: An anonymous cryptocurrency wallet holding $78,054,923 of Bitcoin (CRYPTO: BTC ) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: bc1q9mp27uw48awsamtwvy2gytq59rfhvefgnkcvju You can view more details about the transaction here . Why it matters: Cryptocurrency transfers from wallets to exchanges is typically a bearish signal. Most high networth cryptocurrency traders hold their funds … Full story available on Benzinga.com
What happened: An anonymous cryptocurrency wallet holding $102,485,984 of Bitcoin (CRYPTO: BTC ) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: bc1qfpv7fjkkag4e85kwuc4d6ghpu5fsesyn2363kv You can view more details about the transaction here . Why it matters: Cryptocurrency transfers from wallets to exchanges is typically a bearish signal. Most high networth cryptocurrency traders hold their funds … Full story available on Benzinga.com
FTX and Alkemi add to the list of 14 crypto companies partnered with Verite, including Coinbase, Circle, Hedera Hashgraph, Ledger, Solana Foundation and more.

Craig Wright To Sue Coinbase Over Bitcoin Listing

09:36am, Thursday, 10'th Mar 2022 FullyCrypto
Craig Wright will this year launch “the biggest legal case in human history” against Coinbase over its listing of Bitcoin.
The Cega decentralized finance protocol has secured a funding round from leading crypto venture capital firms that will enable it to evolve current DeFi products.

Sanction evasion could increase cryptocurrency usage

09:08pm, Wednesday, 09'th Mar 2022 Bitcoin Ethereum News
The post Sanction evasion could increase cryptocurrency usage appeared on BitcoinEthereumNews.com . Cryptocurrency usage could spike in the midst of the current sanctions against Russia Coinbase has supported the government’s efforts with national security in mind Unlawful aggression could be avoided with…
Cega Finance, the first decentralized finance exotic structured products protocol, announced that it raised a $4.3M seed round led by Dragonfly Capital Partners with participation from Pantera Capital, Coinbase Ventures, Alameda Research, Solana Ventures and more. “DeFi derivatives have seen explosive growth in the last year, and we find that… The post Cega Raises $4.3 Million from Dragonfly, Pantera to Build the First Exotic Structured Products in Cryptocurrency appeared first on GlobalFinTechSeries .

FTX floats institutional business, recruits former Coinbase executive

05:27pm, Wednesday, 09'th Mar 2022 Bitcoin Ethereum News
The post FTX floats institutional business, recruits former Coinbase executive appeared on BitcoinEthereumNews.com . advertisement FTX, the crypto exchange founded by Sam Bankman-Fried, has launched a new business geared towards institutional clients to meet Wall Street’s growing interest in digital assets. The new unit,…

FTX Launches Institutional Division and Hires Former Coinbase Executive

05:24pm, Wednesday, 09'th Mar 2022 CryptoPrice Nigeria
To satisfy Wall Street’s growing interest in digital assets, FTX, the crypto exchange created by Sam Bankman-Fried, has launched a new company oriented toward institutional clients. According to a statement released on Wednesday, the new entity, dubbed FTX Access, would first focus on index products…

This Wallet Just Transferred $102M Worth Of BTC Onto Coinbase

05:02pm, Wednesday, 09'th Mar 2022 Benzinga
What happened: An anonymous cryptocurrency wallet holding $102,485,984 of Bitcoin (CRYPTO: BTC ) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: bc1qfpv7fjkkag4e85kwuc4d6ghpu5fsesyn2363kv You can view more details about the transaction here . Why it matters: Cryptocurrency transfers from wallets to exchanges is typically a bearish signal. Most high networth cryptocurrency traders hold their funds … Full story available on Benzinga.com
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