OTC crypto shops flood Hong Kong, but regulations may impact their presence
Hong Kong, one of the most significant and leading financial centers in the world, has played a large role in the development of cryptocurrencies. For instance, the Chinese territory has birthed some of the most established and successful crypto companies to date including the crypto derivatives exchange FTX, along with the digital asset platform Crypto.com.
Binance Moves 36,306 BTC Worth Staggering $2,214,339,246, Pays Just $3.47 in Transaction Fees
Global crypto exchange Binance just shuffled a 10-figure sum of Bitcoin between wallets as BTC clings to the $60,000 level. Crypto data tracker BitInfoCharts spotted a massive transaction to the tune of 36,306 BTC – worth over $2.21 billion at the time of writing.
YouTube channels hacked and rebranded for live-streaming crypto scams
A new report shared by Google’s Threat Analysis Group (TAG) highlights an ongoing phishing campaign against YouTube creators, typically resulting in the compromise and sale of channels for broadcasting cryptocurrency scams.
Paris Hilton Lists a Few Pieces From Her NFT Collection via Sotheby’s Metaverse Marketplace
Last week the leading luxury auction house Sotheby’s introduced its non-fungible token (NFT) marketplace called “Metaverse.” The Sotheby’s NFT marketplace has featured a number of collectible artworks including cards from the Rare Pepe card collection. Now the socialite Paris Hilton has introduced a few of her NFTs on Sotheby’s native NFT market featuring works from popular NFT artists such as Chelsea Evenstar and Maalavidaa.
Mariah Carey Offers Free Bitcoin Bonus to Encourage Fans to Invest in Crypto
Mariah Carey has encouraged her fans to invest in cryptocurrencies. To help them get started, she is offering $20 in free bitcoin via her partnered cryptocurrency exchange. “A portion of your trade will go toward Black Girls Code, a non-profit helping to increase the number of women of color in the digital space,” said Carey.
Analyst says Bitcoin futures ETF ‘better than nothing, but ‘not as good as’ spot ETF
The ProShares Bitcoin Futures ETF arrived with a bang, and hit more than $1 billion in assets under management [AUM] in around 48 hours of being listed. Adding to this, Bitcoin touched a new all time high of $67,017 last week. All impressive stats, no doubt, and experts had plenty to say.
Thai Prime Minister Cautions Investors Getting Into Crypto as Interest in Digital Assets Soars
The prime minister of Thailand has cautioned investors getting into cryptocurrencies, noting that they are volatile and highly speculative. Recently, interest in cryptocurrencies has soared as young investors in the country discovered that they could make money quickly by investing in cryptocurrencies.
XRP Price Looks Solid, Will There be a Significant Upward Surge?
BTC and ETH both reversed direction as they looked for fundamental support, implying that bears are trying to catch over-leveraged bulls. Despite Ripple’s legal battle with US securities regulators, XRP is looking solid. XRP is likely to convert a historic level of resistance into support, paving the stage for a significant surge.