Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
The Daily Hodl
No Result
View All Result

$415 Million in Bitcoin (BTC) Moves in Sudden Crypto Swing – Plus Ripple and XRP, Tron, Ethereum, Stellar, Litecoin

by Daily Hodl Staff
April 25, 2019
in Altcoins
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎

‎‎‎ ‏‏‎

ADVERTISEMENT

From nearly half a billion dollars in Bitcoin on the move to an imminent upgrade on the Stellar network, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin

In the last 24 hours, some of the biggest Bitcoin holders in existence moved a total of 76,519 BTC worth $415 million.

The mass crypto movements began soon after the leading crypto asset shed $2 billion in market cap, dropping from $5,622 to $5,492 in less than an hour, according to CoinMarketCap. The single biggest transfer of 19,000 BTC worth $102 million happened between two wallets of unknown origin.

🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 19,000 #BTC (102,867,835 USD) transferred from unknown wallet to unknown wallet

Tx: https://t.co/WIyXXOmLry

— Whale Alert (@whale_alert) April 24, 2019

Of the nine biggest Bitcoin transfers in the last day, only one batch of BTC ended up on a crypto exchange, indicating this particular trader may be looking to sell 2,520 BTC worth $13.6 million.

The rest of the transfers happened between unknown wallets. The exact reason for the transfers, be it a simple move for security, an over-the-counter (OTC) trade, or some other purpose, remains shrouded in mystery.

  • 19,000 BTC worth $102.8 million transferred from unknown wallet to unknown wallet
  • 2,520 BTC worth 13.6 million transferred from unknown wallet to Coinbase
  • 9,000 BTC worth $49.6 million transferred from unknown wallet to unknown wallet
  • 11,000 BTC worth $60.4 million transferred from unknown wallet to unknown wallet
  • 14,999 BTC worth $82.3 million transferred from unknown wallet to unknown wallet
  • 5,000 BTC worth $28.0 million transferred from unknown wallet to unknown wallet
  • 5,000 BTC worth $27.9 million transferred from unknown wallet to unknown wallet
  • 5,000 BTC worth $27.9 million transferred from unknown wallet to unknown wallet
  • 5,000 BTC worth $27.9 million transferred from unknown wallet to unknown wallet
ADVERTISEMENT

Ripple and XRP

Ripple’s managing director of South Asia, the Middle East and North Africa talked about Ripple’s cross-border payment solutions at a recent roundtable in Dubai.

According to Navin Gupta, Ripple’s core mission is to make money as fast and easy to send as a simple email.

Ethereum

The Ethereum Foundation is collaborating with Filecoin owner Protocol Labs.

The two groups will work to build a Verifiable Delay Function (VDF), an emerging cryptographic algorithm that could help protect blockchains from manipulation strategies and attacks.

“At a high level, a VDF is a function that takes at least some amount of time, the ‘delay,’ to generate an output (even if you throw a bunch of processors at it), but whose output can be verified quickly and easily. For those who are interested in diving deeper, here is a succinct written explanation and here is a video describing VDFs and some candidate constructions.”

ADVERTISEMENT

Litecoin

Litecoin creator Charlie Lee talks about the past, present and future of Litecoin and cryptocurrency at the 2019 Penn Blockchain Conference in Philadelphia.

Lee says scaling blockchain solutions are still not ready for prime time.

“It’s not solved yet. The Lightning Network is still in beta. There’s still growing pains. We are working on solving scaling with layer two and layer three solutions. If we go into another bull run this year… we’ll see high fees again.”

Stellar

The team at Stellar is getting ready to implement a core protocol update.

The upgrade includes stability and performance improvements, and will also implement a number of changes to fees on the network. You can check out the full list of changes here.

ADVERTISEMENT

Tron

Tron technical director Marcus Zhao offered new details on the newly announced Sun Network in an interview with Mars Finance.

The layer-two scaling solution is expected to power a tokenized rewards system on BitTorrent, and according to Zhao, its main purpose is to improve the number of transactions per second as well as the smart contract execution efficiency of the Tron network.

Here is an interview made by @Mars_Finance with @Marcus_ZhaoHong, technical director of public chain at #TRON, wanna know what's the general idea of the #TRON scaling solution? What is the purpose and significance of #DappChain? Check this out. #TRX $TRX 👉https://t.co/Ncgfh5bqIg

— TRON Foundation (@Tronfoundation) April 24, 2019

Follow us on Facebook            Join us on Telegram            Follow us on Twitter


Check Latest News Headlines


ADVERTISEMENT


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Crypto Livewire – Press Releases

  • eToro and DS TECHEETAH Change Face of Sponsorship With Unique Profit Only Deal
    March 3, 2021
  • Unifi Farms Beta Launches on Unifi Protocol to Pioneer No-Stake Farming
    February 26, 2021
  • Bang Bang: Critical Factors Fueling Rise of the Retail Investor
    February 25, 2021
  • How Traders Make Money in Both Bull and Bear Markets on BigoMex
    February 25, 2021
  • Student Coin Found New Ways to Use Crypto
    February 24, 2021
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$48,552.00
$48,552.00
2.19%
Ethereum
$1,498.91
$1,498.91
4.76%
Binance Coin
$228.69
$228.69
3.86%
Polkadot
$33.48
$33.48
7.43%
Cardano
$1.18
$1.18
3.24%
XRP
$0.464322
$0.464322
1.52%
ADVERTISEMENT

Spotlight

  • Bitcoin Building on New Highs: From Hashrate to Miner Revenue
    February 26, 2021
  • 5 Altcoins Poised To Capitalize on Next Crypto Hype Cycle, According to Ivan on Tech
    March 3, 2021
  • Is Coinbase Preparing To Launch Its Own Crypto Asset? New Document Hints at New Token
    February 28, 2021
  • Ripple Testing Private Version of XRP Ledger To Power Central Bank Digital Currencies
    March 4, 2021

DON’T MISS A BEAT

Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options

By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.

Check your inbox for confirmation email.

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX • Explore • Futuremash •
Crypto Livewire

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2021 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro

© 2020 The Daily Hodl

×
We use cookies to give you the best online experience possible. Continue browsing if you are happy with that, or see how to manage cookies.