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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 09:18
    Abraxas Capital withdrew 41,000 ETH worth approximately $75.46 million in the past 11 hours
    According to Lookonchain monitoring, Abraxas Capital has withdrawn 41,269 ETH from CEX in the past 11 hours, valued at approximately $75.46 million.
  • 09:02
    Abraxas Capital transferred 1000 BTC, worth approximately $98.92 million, to CEX 2 hours ago
    According to on-chain analyst The Data Nerd, an address related to Abraxas Capital Management transferred 1,000 BTC to a CEX 2 hours ago, valued at approximately $98.92 million. It is reported that this address purchased the aforementioned BTC about 3 weeks ago at an average entry price of $84,713. If sold entirely, it is expected to yield a profit of approximately $14.21 million. As of now, the address still holds 983 BTC, valued at approximately $97.43 million.
  • 09:02
    Bolivia plans to launch digital currency to address cross-border payments
    Edwin Rojas Ulo, the President of the Central Bank of Bolivia, stated that the country is collaborating with international organizations to design a digital currency called "Virtual Bolivia," aimed at international settlements and conserving foreign exchange reserves, particularly the US dollar. He noted that this initiative will help modernize the payment system, especially in cross-border payment scenarios, by freeing up reserve funds. A detailed proposal for this digital currency is expected to be released in August. Additionally, since the Central Bank of Bolivia allowed the purchase of cryptocurrencies using bank accounts, the adoption of digital assets has doubled within three months. Meanwhile, due to foreign exchange shortages, Bolivia has also started using stablecoins as a substitute for the US dollar and is exploring the possibility of paying for energy imports through cryptocurrencies.
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