#cryptocurrency #crypto #shibainu
Well Alert, which monitors block chain transactions, reported that a SHIP whale transferred 4 trillion Chiba tokens worth $34.7 million from Binance to an unknown wallet in a single transaction.
What does it mean to convert Sheba tokens from Binance?
According to the general narrative, the withdrawal of a digital asset from the stock market is an event that occurs during periods of bullish expectations. In the comments made about Sheba's conversion, speculation began to arise that Sheba's ascendancy was expected in the near future.
#cryptocurrency #crypto #binance
In a recent Forbes report, it said that Binance lost $12 billion worth of assets in just two months, as customers withdrew their funds from the exchange amid a deep crisis of confidence in the cryptocurrency market.
The $12 billion loss means that between 18% and 31% of the assets the company held on November 4 had been wiped out, according to the report.
There is no indication that Binance experienced any problems processing withdrawal requests in this period.
#cryptocurrency #crypto #bitcoin #BTC
Parliament in El Salvador approved a law regulating the issuance by the state and private entities of securities backed by the digital currency Bitcoin; Thus, becoming the first country to issue sovereign bonds based on blockchain in the world, after the country legally recognized Bitcoin two years ago.
The bill, backed by ruling party lawmakers allied with El Salvadoran President Nayib Bukele, aims to attract domestic and international investment while creating new financing opportunities for citizens, the government and private companies by selling bitcoin-backed bonds. into effect.
