Bitcoin Whales Move $197 Million in BTC – Plus Ripple and XRP, Ethereum, Tron, Litecoin, Stellar

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From a mass migration of Bitcoin whales to a showdown between Ethereum’s Vitalik Buterin and economist Nouriel Roubini, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin

Bitcoin whales are out in full force. In the last 24 hours, whales have moved $197 million in BTC across 22 separate transactions.

The largest transaction of 9,473 BTC worth $46.8 million was sent from Bitfinex to an unknown wallet. Overall, the vast majority of the BTC is being moved out of crypto exchanges, which means those whales are most likely not planning to sell anytime soon.

• 1,241 BTC worth $6.0 million transferred from Bitstamp to unknown wallet
• 4,326 BTC worth $21.1 million transferred from Bitfinex to unknown wallet
• 8,273 BTC worth $41.0 transferred from Bitfinex to unknown wallet
• 9,473 BTC worth $46.8 million transferred from Bitfinex to unknown wallet
• 564 BTC worth $2.7 million transferred from Poloniex to unknown wallet
• 936 BTC worth $4.5 million transferred from Poloniex to unknown wallet
• 573 BTC worth $2.8 million transferred from Coinbase to Bittrex
• 711 BTC worth $3.5 million transferred from Poloniex to unknown wallet
• 1,106 BTC worth $5.5 million transferred from unknown wallet to Coinbase
• 1,318 BTC worth $6.6 million transferred from Bitstamp to unknown wallet
• 500 BTC worth $2.5 million transferred from Coinbase to unknown wallet
• 502 BTC worth $2.5 million transferred from Poloniex to Bittrex
• 596 BTC worth $3.0 million transferred from unknown wallet to Poloniex
• 668 BTC worth $3.3 million transferred from bitFlyer to unknown wallet
• 2,500 BTC worth $12.4 million transferred from Bittrex to unknown wallet
• 600 BTC worth $2.9 million transferred from Bittrex to Coinbase
• 525 BTC worth $2.6 million transferred from Bittrex to unknown wallet
• 1,679 BTC worth $8.4 million transferred from bitFlyer to unknown wallet
• 968 BTC worth $4.8 million transferred from Huobi to unknown wallet
• 600 BTC worth $3.0 million transferred from Bitstamp to Bittrex
• 1,000 BTC worth $5.0 million transferred from Bittrex to unknown wallet
• 1,328 BTC worth $6.7 million transferred from Bitstamp to unknown wallet

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Ethereum

Ethereum creator Vitalik Buterin and economist Nouriel Roubini went head-to-head on the future of crypto at Deconomy in Seoul.

Roubini told the audience he believes developers will never be able to scale blockchain technology, and called crypto too volatile and vulnerable to hacks to rival fiat currency. Buterin countered that he’s paid contractors around the world in crypto, and said scaling solutions are on the way to boost transaction speed and volume.

Buterin also highlighted the censorship-resistant nature of cryptocurrency, while Roubini said he believes that cryptocurrency won’t be used by criminals in the long run because governments will try to stop any crypto that’s fully anonymous.

Ripple and XRP

UK-based RationalFX says it will use Ripple’s technology to power payments to and from Malaysia.

The company has clarified that it will use Ripple’s cross-border payment solution xCurrent, and currently does not have plans to use the XRP-powered xRapid.

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Litecoin

Litecoin creator Charlie Lee is countering claims from Galaxy Digital CEO Mike Novogratz, who recently called LTC a “glorified testnet”. Lee highlights low fees as one of the primary advantages of Litecoin.

Stellar

HTC’s blockchain-based smartphone Exodus now supports Stellar Lumens (XLM) on its ZionVault crypto wallet. XLM joins Bitcoin, Ethereum and Litecoin.

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Tron

The Tron Foundation says it will collaborate with regulators in Japan to ensure that decentralized apps (DApps) on the network comply with the country’s regulations.

In a statement, Tron says it “suggests Japanese DApp developers not develop any gambling DApps on TRON’s platform… TRON suggests developers who are working on gambling apps block users with Japanese IP addresses.”