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Tether Freezes $225 Million in USDT After DOJ Investigation, Calling It 'Largest-Ever Freeze of USDT' – Featured Bitcoin News

November 21, 2023

Tether has announced the “largest-ever freeze of USDT in history.” In collaboration with crypto exchange Okx, Tether froze $225 million in USDT following an investigation by the U.S. Department of Justice (DOJ). The tokens were allegedly linked to an international human trafficking syndicate in Southeast Asia responsible for a global “pig butchering” crypto scam. $225M in USDT Frozen by…

Ethereum Network Accounted for Over 90% of Layer 1 Revenues in Q3 — Study – Blockchain Bitcoin News

November 21, 2023

According to a Messari report, the Ethereum network’s revenues constituted more than 90% of the $491.5 million generated by layer 1 chains in Q3. The data also shows that in the period in question, the Aptos network’s revenues were 160% higher than in the preceding…

Report: Crypto Mining Equipment Found in Poland's Supreme Court – Mining Bitcoin News

November 21, 2023

Prosecutors in Poland’s capital Warsaw recently launched a probe into how cryptocurrency mining equipment was installed in a building housing the country’s Supreme Administrative Court. The chairman of the court’s information department insisted the crypto-mining…

Bitcoin Technical Analysis: BTC Holds Above $37K With Tense Market Equilibrium – Markets and Prices Bitcoin News

November 21, 2023

On Monday, November 20, 2023, bitcoin (BTC) is navigating slightly above the $37K mark, kicking off the week. Over the last day, BTC’s price has fluctuated from $36,441 to $37,516 per unit. Currently, bitcoin trades are generating a global trading volume of $15.55 billion. Bitcoin In the midst of a fluctuating cryptocurrency landscape, bitcoin’s latest price trends suggest optimistic outlooks…

Ethereum Technical Analysis: ETH Breaks $2,000 Barrier Amid Positive Trading Outlook – Markets and Prices Bitcoin News

November 21, 2023

On Monday, ethereum (ETH) showcased an impressive bullish pattern, with its value reaching a peak of $2,041 as of November 20, 2023. Ranking as the second most prominent cryptocurrency with a market capitalization of $242 billion, it continues to draw substantial trading…

Crypto Market’s Mixed Fortunes — BONK, TAO, and KAS Rise as Several Other Cryptos Stagnate – Market Updates Bitcoin News

November 21, 2023

As of this writing, the crypto market is cruising at a value of $1.42 trillion, with bitcoin (BTC) holding 49.9% of the overall market cap. This past week saw both bitcoin and ethereum experiencing notably stagnant weeks in terms of their percentage changes, while a number…

Latam Insights: Argentina's Massa Proposes Blockchain Oversight, Drex Will 'Kill' Lesser Cryptos in Brazil – Bitcoin News

November 20, 2023

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentine presidential candidate Sergio Massa has proposed to use blockchain for state oversight, the Brazilian securities regulator president stated (CBDC) drex might ‘kill’ lesser cryptocurrencies, and Okx announced an expansion to Brazil in the coming…

CZ Reveals Client Execs Kidnapped, Hive Increases Mining Power, Blackrock on ETH ETFs — Week in Review – The Weekly Bitcoin News

November 20, 2023

Changpeng Zhao, the CEO of leading crypto exchange Binance, recently revealed that executives of a Binance client were kidnapped and shaken down for their crypto holdings. In other news, Vancouver-Based Hive Digital has increased its mining power and Blackrock has weighed in…

Down From the Peaks: A Look at Bitcoin, Ethereum, and Others Two Years After the 2021 Surge – Market Updates Bitcoin News

November 20, 2023

It’s been slightly more than two years since the 2021 cryptocurrency boom, a time when the crypto economy reached its zenith with a valuation of $2.90 trillion on November 10, 2021. Although it has been an extended and harsh crypto winter marked by numerous upheavals, a…

Fading Interest for Privacy Cryptos Leads to $440M Market Dip in 2023 – Bitcoin News

November 19, 2023

Throughout 2023, numerous sectors within the cryptocurrency market have experienced gains. However, leading privacy-centric crypto tokens have lagged behind in performance compared to their counterparts. Since January, the market value of the privacy cryptocurrency sector has diminished by $440 million, marking a notable downturn over the last ten months. While Privacy Assets Gained $1.35B in 12…