BlockPress

BlockPress

Huione wallets moved $1B to crypto exchanges since FinCEN action

Significant USDT Transfers from Huobi-Linked Wallets Following FinCEN Restrictions Recent activity reveals a substantial outflow of Tether (USDT) from wallets associated with Huobi, a prominent cryptocurrency exchange. Since the Financial Crimes Enforcement Network (FinCEN) implemented restrictions on US financial institutions…

XRP price must break this key level to reclaim $3

XRP’s recent price action presents a compelling technical picture, characterized by a successful transformation of a crucial breakout zone into a robust support level. This positive development suggests growing confidence and buying pressure around the current price. However, the path…

Metaplanet eyes digital bank acquisition in phase 2 of Bitcoin strategy

Metaplanet’s Strategic Shift: Leveraging Bitcoin Holdings for Acquisitions Metaplanet, a company with a burgeoning Bitcoin treasury, is strategically pivoting towards acquisitions of established, cash-generating businesses. This move signifies a significant shift in the company’s operational strategy, focusing on leveraging its…