Bitcoin Futures CME Trading Generates $100 Billion in Volume Since 2017

One of the products that have become particularly important to the continued growth of the crypto industry is Bitcoin futures. The derivative product has become one of the most heavily traded crypto-based securities. Key Drivers The Chicago Mercantile Exchange (CME) revealed its actual figures with regard to this particular product yesterday. The futures contracts have […]

Bitcoin Transaction Worth $1 Billion USD Moved to Single Wallet

Over $ 1 billion USD worth of Bitcoin was transferred to one wallet today in a major transaction, making it the fifth richest Bitcoin wallet in existence. The Richest Non-Exchange Address A group of large-scale Bitcoin owners, known as whales, moved 94,504 Bitcoins to an unknown wallet, which now becomes the richest non-exchange address, as well […]

Blockchain Technology Revenue Expected to Hit $10 Billion in 2023

Last year the cryptocurrency industry experienced a harsh industry-wide drop in asset prices. However, the prices have since recovered, and the blockchain technology is expected to rack billions of dollars in growth. Blockchain Revenue to Hit $ 10 Billion in 2023 ABI Research conducted a study, and its findings indicated that there are big things […]

Ripple to Invest 1 Billion XRP to Fund Online Content

Over the past few years, plenty of cryptocurrencies have come to the fore due to the example set by Bitcoin and one of the most interesting cryptocurrencies to have emerged during that time is XRP, which is backed by San Francisco-based Ripple. It is the third biggest cryptocurrency in the world by market cap, and […]

Altcoins Almost Wiped Out as Cypto Market Cap Drops $30 Billion

Thursday was a bad day for altcoins as almost $ 30 billion USD was knocked from the total crypto market capitalization. Where Bitcoin Goes, Altcoins Follow Crypto market capitalization was estimated to be around the $ 280 billion USD during midday trading yesterday; however, as Bitcoin suddenly took a near 10% hit today to drop […]

Crypto Criminals Take in $4.3 Billion in 2019, CipherTrace Reports

Cryptocurrency criminals have taken in an estimated $ 4.3 billion USD in 2019, according to CipherTrace. CipherTrace, a cryptosecurity company based in Silicon Valley, has released its Q2 2019 Cryptocurrency Anti-Money Laundering (AML) Report, which is a detailed overview of major cryptocurrency thefts, scams, and fraud around the world. The firm’s Q1 report estimated that […]

Tether (USDT) Accidentally Creates $5 Billion in Crypto

Stable coins, which are backed by fiat currency, have become an integral part of the crypto ecosystem over the past couple of years, and in that regard, Tether (USDT) is possibly the most well known. However, the very fact that it is backed by fiat makes it possible for it to be prone to certain […]

Blockchain Supply Market to Grow to $9 Billion: Allied Markey Research

Blockchain supply is poised to become a multi-billion dollar market. A study by market research firm Allied Markey Research indicates the size of the market could reach highs of $ 9 billion by 2025, representing an 80% growth from 2018 levels. Key Growth Drivers Blockchain is the underlying technology that powers an array of decentralized […]

TRON’s CEO Debunks Association with Billion Dollar Ponzi Scheme Scam

While responding to an allegation that Tronfoundation and BitTorrent are involved in a billion-dollar Ponzi-scheme scam that defrauded thousands of investors in China, Justin Sun, TRON’s CEO, says both companies are “fine.” According to the CEO, preparations were being made to launch BitTorrentSpeed on July 8, so people should stop publicizing fake news and pictures. […]

Buffett Mistake Costs Him $4.3 Billion This Year—Here’s What Every Investor Can Learn from It

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Bitfinex Plans to Sell $1 Billion Worth of LEO Tokens

Bitfinex has revealed plans of selling its asset LEO, which is estimated to be worth $ 1 billion. Although this might be seen as a bland move, leading analysts have nonetheless warned that it might hurt Bitcoin. $ 1 Billion Worth of LEO Tokens In a report last week by NewsBTC, Dovey Wan, the founder […]

Crypto Theft Could Hit $1.2 Billion in 2019, Says Cipher Trace

Crypto theft has greatly reduced this year compared to last year as regulators continue to enhance their scrutiny and the enforcement of anti-money laundering controls. Crypto Theft Could Hit $ 1 billion Mark Despite being $ 500 million less than last year, crypto theft could still go well beyond a billion dollars by the end […]

Kraken Futures Trading Nears $1 Billion in First Month

Crypto is nowhere close to being dead. Kraken’s newly acquired Crypto Facilities has seen around $ 1 billion traded in crypto futures already in February, according to an article released today by CoinDesk. Sui Chung, Crypto Facilities’ head of pricing products and indices, told CoinDesk that futures trades have grown more than 500% since Kraken acquired […]

Report: Global Cannabis Market Will Reach US$166 Billion by 2025

The total worth of the marijuana market will reach US$ 166 billion by 2025, according to a market report made public on Tuesday (February 26) from Euromonitor International. The firm expects legal cannabis to represent over 70 percent of the total market globally by the target date. Zora Milenkovic, head of drinks and tobacco at […]

Crypto Hacks Take $1.7 Billion in 2018—Yikes!

Yesterday, a rather shocking cryptocurrency anti-money laundering report was released by the crypto analytics company CipherTrace. This report states that around $ 1.7 billion worth of cryptocurrency was obtained illegally in 2018. What’s more surprising is that crypto hacks happened three times more than in 2017. No wonder institutional investors don’t want to put big money […]

TRON (TRX) and Ripple (XRP) Up, Despite $5 Billion Loss this Weekend

The entire cryptocurrency market has hit a bit of a bear run moving into the new week. Towards the end of last week, most digital currencies saw quite a spike in prices. That didn’t last long as most of them quickly plummeted towards the end of the weekend, taking off $ 5 billion from the […]

Report: Recreational Cannabis Spending to Hit US$16.9 Billion in 2019

Global spending for recreational pot will reach US$ 16.9 billion in 2019, a new study says. The study, done collaboratively by the Arcview Group and BDS Analytics, indicates that in 2018 adult-use cannabis sales racked in US$ 12.2 billion. The study projects a jump of 38 percent in spending this year. Findings of the research […]

Russia to Avoid US Sanctions with $10 Billion Bitcoin Investment

According to a Russian economist with ties to the Kremlin, the superpower is preparing a massive $ 10 billion USD investment in Bitcoin to replace its US dollar reserves. Russia’s Bitcoin investment is a step to minimize US sanctions on the country. Russia’s Bitcoin Investment Vladislav Ginko, an economist at the Russian Presidential Academy of […]

US Cannabis Market Draws US$10 Billion in 2018

The US marijuana space attracted over US$ 10 billion in investment this year, says an industry economist and researcher. According to a new report from NBC News, Beau Whitney, vice president and senior economist with cannabis research and data venture New Frontier Data, has confirmed that investors added US$ 10 billion throughout 2018 to the […]

Coinbase Just Moved $5 Billion for Altcoin Expansion

Coinbase has been extremely active with its ’12 Days of Coinbase’ marketing initiative. The cryptocurrency exchange has been releasing daily updates on its company for the last ten days. Yesterday’s announcement was the biggest yet. Coinbase Moves $ 5 Billion On day one, the cryptocurrency exchange announced that its users could buy e-gift cards from a […]

BHP Completes US$5.2 Billion Buy-Back

BHP (ASX:BHP,NYSE:BHP,LSE:BLT) has successfully completed its off-market tender buy-back (off-market buy-back) of BHP Group Limited shares. The company said that the final transaction size of A$ 7.3 billion (US$ 5.2 billion) has enabled BHP Group Limited to buy back approximately 265.8 million BHP Group Limited shares, which represents 8.3 per cent of the issued share capital […]