“Bitcoin shortage”: PayPal bought 70% of all mined BTC last month
BTC $18,373 (-0.8%) • ETH $605 (+6.3%) • XRP $0.60 (+31%)
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Crypto hedge fund Pantera Capital revealed global payments processor PayPal purchased over 70% of all Bitcoin mined in the past month, as per an investor letter published last week.
PayPal began its crypto offering to US clients earlier this month to a warm response, with data suggesting purchases of up to $20 million in Bitcoin (and other cryptocurrencies) daily.
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U.S. feds forget to seize $400k in Bitcoin forks
Crypto research firm Coinfirm has found that US authorities have left “substantial funds” left on various cryptocurrency wallets seized from criminals over the years, as a result of multiple “forks” that issued newer cryptocurrencies that traded on public markets.
The Ethereum 2.0 launch won’t happen on Dec. 1st unless $130m is deposited
All eyes will be on Ethereum over the next 24 hours.
Zero crypto-assets in the top 100 are down today as Bitcoin bull run continues
After fears that Bitcoin would tank on the weekend (and it did), the crypto bull run seems to be back in full force as of Monday morning.
On-chain metrics show where Litecoin might be heading next
Litecoin, the sixth most valuable cryptocurrency in the global market, increased by 30% in the past week.
Analyst who predicted Bitcoin rally to $18,000 begins to build a short position
Bitcoin has undergone an extremely strong rally over the past few weeks that has brought the coin as high as $18,900.
How YFI competitor Pickle Finance was exploited for $20m in Ethereum stablecoins
Call it a hack or call it an exploit, yesterday an unknown attacker managed to drain $20 million from an Ethereum-based yield aggregator called Pickle Finance into their own address.
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