From a massive movement of Bitcoin to and from Coinbase to new details on Litecoin’s halving, here’s a look at some of the stories breaking in the world of crypto.
Crypto traders are trying to decipher why a Bitcoin whale has apparently moved 18,900 BTC worth about $154 million on – and quickly off – the leading US crypto exchange Coinbase.
A batch of 18,900 BTC was initially sent to Coinbase in one giant transaction, triggering fears that a sell-off could be incoming.
— Whale Alert (@whale_alert) June 12, 2019
But just three hours later, the same amount of BTC was sent from Coinbase to three unknown wallets, leaving traders wondering why the Bitcoin was moved in the first place.
- 9,900 BTC worth $80.1 million transferred from Coinbase to unknown wallet
- 7,000 BTC worth $56.6 million transferred from Coinbase to unknown wallet
- 2,000 BTC worth $16.1 million transferred from Coinbase to unknown wallet
Earlier this month, a crypto whale was accused of triggering a market sell-off after moving 25,160 BTC to Coinbase just before the price of Bitcoin dropped.
The latest episode of the Into the Ether podcast is out, featuring an interview with the CEO of SpankChain, an Ethereum-based platform designed to provide payment solutions for the adult industry.
The podcast covers Ameen Soleimani’s journey into crypto, the creation of SpankChain and Ethereum’s funding and governance models.