📰 News

Mon, 08/26/2019 - 16:32

Somebody Tried to Transfer 46 BILLION USDT Tether to Unknown Wallet

Alex Dovbnya
Mon, 08/26/2019 - 16:32
📰 News
This transaction would completely dwarf the market cap of Tether, which currently stands at more than 4 bln

According to Whale Alert, the website that tracks gargantuan transactions across numerous Blockchains, somebody has tried to transfer 46 bln worth of USDT Tether (yep, that’s eleven digits).

🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 46,140,337,592 #USDT (46,169,056,069 USD) transferred from unknown wallet to unknown wallet

Tx: https://t.co/sqc6fH5zUg
— Whale Alert (@whale_alert) August 26, 2019

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In mere minutes, the tweet had attracted a plethora of comments from bewildered Twitter users before they figured out that the above-mentioned sum actually surpasses the market cap of USDT that stands at $4 bln.

Obviously, the transaction was marked as invalid since the sender had an insufficient amount of funds.

Move along people, nothing to see here pic.twitter.com/MceOK4lIms
— Cryptoonist 👉🏼⚡️ (@KlaudMr) August 26, 2019

:information_source: This transaction is invalid. There are some issues at the moment with validation checks with OMNI, which is why this transaction got through. We are looking for a workaround.
— Whale Alert (@whale_alert) August 26, 2019

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About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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Bitcoin Price Likely to Decline to $7,800: Crypto Analyst

Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency

Nationwide Blockchain of China Finally Preparing for Launch

📰 News

Tue, 11/19/2019 - 07:32

Original article based on tweet

Bitcoin Price Likely to Decline to $7,800: Crypto Analyst

Yuri Molchan
Tue, 11/19/2019 - 07:32
📰 News
Bitcoin is to find support at $7,800 or recover to $8,300, an analyst writes, but either way ‘continuation of the ranging on either of the levels is going to occur’

Cover image via www.123rf.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Over the last few days, Bitcoin has been trading below the $8,500 area. At the moment, it has recovered to $8,258 after the recent slip below the $8,100 level.

Analysts have been bullish on BTC in the long run, however, the nearest BTC price movements are expected to be bearish.

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The crypto analyst @CryptoMichNL believes that there are two paths ahead of Bitcoin at the moment. If it fails to recover to $8,300, he says on his Twitter page, then the market should be ready for the flagship coin to drop and find support at the $7,800 or $7,300 levels.

Whichever way it goes, ‘continuation of the ranging on either of the levels is going to occur’.

$BTC #BITCOIN

Preferably I'd see the upper part go, but either way continuation of the ranging on either of the levels is going to occur.

1) Break back above and hold this support. Break back to $8,300 would be nice.

2) Lose it -> $7,800 and $7,300 next areas to aim. pic.twitter.com/DJjXtxNmEV
— Crypto Michaël (@CryptoMichNL) November 18, 2019

The analyst tweeted this forecast twice with an hour pause.

$BTC #BITCOIN

No bueno, I'd prefer to see a wick back up quite soon on this one, but highly doubt it.

Bunch of stops hit here below this area.

Needs to bounce back up above $8,300 preferably, otherwise aiming $7,800 & $7,300 (Green zone). pic.twitter.com/7fOgmSdHZq
— Crypto Michaël (@CryptoMichNL) November 18, 2019

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About the author

Yuri Molchan

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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