Formula Co-Founder Vida Invests $8M to Acquire 128 BTC Amid Bitcoin Dip
During Bitcoin's drop from $70,500 to $60,035, Formula co-founder Vida bought 128.28 BTC for $8M at an average of $62,363.57, currently facing a $60K unrealized loss.
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Blockchain Industry Updates & Privacy News
Onchain Monitoring: Unknown Entity Transfers 8,000 ETH to Binance, Sells Over 196K ETH
OnchainLens reports a major ETH transfer of 8,000 ETH to Binance, valued at $14.8M. The entity has now moved over 196,588 ETH, worth more than $441.6M, likely to repay loans.
Read MoreEuropean Tokenization Firms Call for Overhaul of DLT Pilot Regime, Warn Markets Could Shift to U.S.
European tokenization firms urge EU to reform DLT Pilot Regime, warning current constraints could push liquidity toward U.S. markets and weaken Europe's capital market position.
Read MoreBitcoin Price Drops Below $63,000 as Market Volatility Intensifies
Bitcoin drops below $63,000, trading at $62,961.6 with a 14.29% decline in 24 hours. Market volatility rises, urging caution.
Read MoreCrypto Market Downturn: Strategy and Bitmine Lose Over $18.8 Billion Combined
The crypto market downturn has led to heavy losses, with Strategy and Bitmine facing losses of $10.16B and $8.65B respectively.
Read MoreTrend Research Liquidation Zone Nears as ETH Faces Crucial Test
With Ethereum nearing $1,830, Trend Research's leveraged positions face liquidation between $1,574 and $1,681. No major ETH selling yet, but recent USDT movement sparks market attention.
Read MoreMysterious Address Dumps 173 WBTC in 10 Hours, Rakes in $11.75 Million in USDC
On February 6, OnchainLens reported that an entity sold 173 WBTC in 10 hours, generating $11.75 million in USDC, including a single 100 WBTC sale.
Read MoreCoinbase Adds RNBW Support, Expanding Crypto Capabilities
Coinbase now supports RNBW across its website and mobile app, offering users enhanced accessibility and seamless transactions.
Read MoreSilver Prices Plunge, Erasing Gains for the Year
After a sharp drop, silver prices continue to fall, erasing all gains for the year. Market volatility intensifies, with platinum and palladium also declining.
Read MoreCryptocurrency Market Update: Latest Developments on ETFs and Tokenized Gold
Key updates from the cryptocurrency market on February 6th, including IBIT trading volume, Uniswap ETF filing, and Tether's strategic investments.
Read MoreMajor Digital Asset Giants Face Unexpected Losses in Ethereum and Bitcoin Investments
Major digital asset companies face huge unrealized losses on Ethereum and Bitcoin investments as market values plummet sharply.
Read MoreSpot Silver Price Drops Below $70, Hits Multi-Month Low
Spot silver price fell below $70 per ounce for the first time since December 23 last year, with a daily decline of 1%.
Read MoreOver $2 Billion Liquidated Across Markets in 24 Hours Amid Volatility
Data shows over $2 billion in positions were liquidated in 24 hours, with longs accounting for $1.8 billion and shorts $260 million amid heightened market volatility.
Read MoreCryptocurrency Market Cap Plummets to $2.2 Trillion with Over 10% 24-Hour Drop
According to Coingecko, the total market cap of cryptocurrencies dropped to $2.267 trillion with a 10.1% 24-hour decline and trading volume reaching $299.697 billion.
Read MoreBitcoin ETF IBIT Hits $10 Billion Daily Trading Volume Amid Market Turmoil
Bitcoin ETF IBIT records $10 billion trading volume despite 13% price drop, marking its highest daily volume since launch.
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